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AFFILIATES BALANCES (Tables)

6 Months Ended

Jun. 30, 2020

Equity Method Investments And Joint Ventures [Abstract]

Schedule of Balances with Unconsolidated Affiliates

We maintained the following balances with our unconsolidated affiliates:

(In thousands)	June 30, 2020		December 31, 2019
Due from related parties:
Sonatide (Angola)	$	47,353	$	89,246
DTDW (Nigeria)		18,413		36,726
		65,766		125,972
Due to related parties:
Sonatide (Angola)	$	30,390	$	31,475
DTDW (Nigeria)		18,413		18,711
		48,803		50,186
Due from related parties, net of due to related parties	$	16,963	$	75,786

Schedule of Amounts Due from Affiliate

		Six Months
		Ended
(In thousands)		June 30, 2020
Due from Sonatide at December 31, 2019	$		89,246
Revenue earned by the company through Sonatide			23,910
Less amounts received from Sonatide			(16,501	)
Less amounts used to offset due to Sonatide obligations (A)			(8,145	)
Affiliate credit loss impairment expense			(41,500	)
Other			343
Total due from Sonatide at June 30, 2020	$		47,353

(A)

We reduced the respective due from affiliates and due to affiliates balances each period through netting transactions based on agreement with the joint venture.

Schedule of Amounts Due to Affiliate

		Six Months
		Ended
(In thousands)		June 30, 2020
Due to Sonatide at December 31, 2019	$		31,475
Plus additional commissions payable to Sonatide			2,265
Plus amounts paid by Sonatide on behalf of the company			4,843
Less amounts used to offset due from Sonatide obligations (A)			(8,145	)
Other			(48	)
Total due to Sonatide at June 30, 2020	$		30,390

(A)

We reduced the respective due from affiliates and due to affiliates balances each period through netting transactions based on agreement with the joint venture.

Summary of Operations in Angola

Vessel revenues generated by our Angolan operations, percent of consolidated vessel revenues, average number of company owned vessels and average number of stacked company owned vessels of our Angolan operations for the periods indicated were as follows:

	Three Months Ended						Six Months Ended
	June 30, 2020			June 30, 2019			June 30, 2020			June 30, 2019
Revenues of Angolan operations (in thousands)	$	12,289		$	14,272		$	24,426		$	29,670
Percent of consolidated vessel revenues		12	%		12	%		11	%		12	%
Number of company owned vessels in Angola		26			32			27			34
Number of stacked company owned vessels in Angola		9			13			10			14