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SEGMENT AND GEOGRAPHIC DISTRIBUTION OF OPERATIONS (Tables) | 6 Months Ended
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Jun. 30, 2020
Segment Reporting [Abstract] |
Segment Information, Geographical Data and Major Customers | The following table provides a comparison of segment revenues, vessel operating profit (loss), depreciation and amortization, and additions to properties and equipment for the three and six months ended June 30, 2020 and 2019. Vessel revenues and operating costs relate to vessels owned and operated by us while other operating revenues relate to other miscellaneous marine-related businesses.
|  | Three Months Ended |  |  | Six Months Ended |
(In thousands) |  | June 30, 2020 |  |  | June 30, 2019 |  |  | June 30, 2020 |  |  | June 30, 2019 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vessel revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 34,044 |  |  | $ | 35,199 |  |  | $ | 65,903 |  |  | $ | 70,477 |
Middle East/Asia Pacific |  |  | 23,983 |  |  |  | 20,449 |  |  |  | 48,811 |  |  |  | 40,905 |
Europe/Mediterranean |  |  | 20,620 |  |  |  | 35,027 |  |  |  | 50,111 |  |  |  | 63,585 |
West Africa |  |  | 22,328 |  |  |  | 32,966 |  |  |  | 48,124 |  |  |  | 68,336 |
Other operating revenues |  |  | 1,369 |  |  |  | 2,218 |  |  |  | 5,763 |  |  |  | 4,705 |
|  | $ | 102,344 |  |  | $ | 125,859 |  |  | $ | 218,712 |  |  | $ | 248,008 |
Vessel operating profit (loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 4,505 |  |  | $ | 2,900 |  |  | $ | 3,341 |  |  | $ | 1,870 |
Middle East/Asia Pacific |  |  | 599 |  |  |  | (2,127 | ) |  |  | (257 | ) |  |  | (3,289 | )
Europe/Mediterranean |  |  | (1,750 | ) |  |  | 2,824 |  |  |  | (203 | ) |  |  | (493 | )
West Africa |  |  | (3,984 | ) |  |  | 3,099 |  |  |  | (8,847 | ) |  |  | 11,214 |
Other operating profit |  |  | 1,198 |  |  |  | 1,625 |  |  |  | 2,919 |  |  |  | 3,330 |
|  | $ | 568 |  |  | $ | 8,321 |  |  | $ | (3,047 | ) |  | $ | 12,632 |
Corporate expenses |  |  | (8,910 | ) |  |  | (12,221 | ) |  |  | (18,952 | ) |  |  | (27,422 | )
Long-lived asset impairments |  |  | (55,482 | ) |  |  | (494 | ) |  |  | (65,689 | ) |  |  | 776 |
Affiliate credit loss impairment expense |  |  | (53,581 | ) |  |  | — |  |  |  | (53,581 | ) |  |  | — |
Affiliate guarantee obligation |  |  | (2,000 | ) |  |  | — |  |  |  | (2,000 | ) |  |  | — |
Gain on asset dispositions, net |  |  | 1,660 |  |  |  | — |  |  |  | 6,991 |  |  |  | — |
Operating loss |  | $ | (117,745 | ) |  | $ | (4,394 | ) |  | $ | (136,278 | ) |  | $ | (14,014 | )
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 8,073 |  |  | $ | 6,515 |  |  | $ | 15,569 |  |  | $ | 12,776 |
Middle East/Asia Pacific |  |  | 5,645 |  |  |  | 5,319 |  |  |  | 11,172 |  |  |  | 9,769 |
Europe/Mediterranean |  |  | 6,793 |  |  |  | 7,741 |  |  |  | 13,612 |  |  |  | 15,187 |
West Africa |  |  | 6,750 |  |  |  | 5,100 |  |  |  | 13,154 |  |  |  | 9,543 |
Corporate |  |  | 883 |  |  |  | 363 |  |  |  | 1,744 |  |  |  | 695 |
|  | $ | 28,144 |  |  | $ | 25,038 |  |  | $ | 55,251 |  |  | $ | 47,970 |
Additions to properties and equipment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | — |  |  | $ | 206 |  |  | $ | — |  |  | $ | 604 |
Middle East/Asia Pacific |  |  | 503 |  |  |  | 2,180 |  |  |  | 1,183 |  |  |  | 3,639 |
Europe/Mediterranean |  |  | 486 |  |  |  | 601 |  |  |  | 926 |  |  |  | 722 |
West Africa |  |  | (73 | ) |  |  | 1,340 |  |  |  | 678 |  |  |  | 1,583 |
Corporate |  |  | 710 |  |  |  | 1,430 |  |  |  | 1,288 |  |  |  | 2,325 |
|  | $ | 1,626 |  |  | $ | 5,757 |  |  | $ | 4,075 |  |  | $ | 8,873 |
Comparison of Total Assets | The following table provides a comparison of total assets at June 30, 2020 and December 31, 2019:
|  | June 30, |  |  | December 31, |
(In thousands) |  | 2020 |  |  | 2019 |
Total assets: |  |  |  |  |  |  |  |
Americas |  | $ | 350,376 |  |  | $ | 375,297 |
Middle East/Asia Pacific |  |  | 243,519 |  |  |  | 270,413 |
Europe/Mediterranean |  |  | 327,827 |  |  |  | 358,943 |
West Africa |  |  | 280,018 |  |  |  | 376,087 |
Corporate |  |  | 213,935 |  |  |  | 198,788 |
|  | $ | 1,415,675 |  |  | $ | 1,579,528 |

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