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Note 12 - Properties and Equipment, Accrued Expenses, Other Current Liabilities and Other Liabilities

9 Months Ended

Sep. 30, 2021

Other Assets Accrued Expenses Other Current Liabilities And Other Liabilities And Deferred Credits [Text Block]

(12)

PROPERTIES AND EQUIPMENT, ACCRUED EXPENSES, OTHER CURRENT LIABILITIES AND OTHER LIABILITIES

As of September 30, 2021, our property and equipment consist primarily of 139 active vessels, which excludes the 14 vessels we have classified as held for sale, located around the world. As of December 31, 2020, our property and equipment consisted primarily of 149 active vessels, which excluded 23 vessels classified as held for sale.

A summary of properties and equipment is as follows:

(In thousands)	September 30, 2021		December 31, 2020
Properties and equipment:
Vessels and related equipment	$	911,242	$	940,175
Other properties and equipment		16,868		16,861
		928,110		957,036
Less accumulated depreciation and amortization		218,786		176,718
Properties and equipment, net	$	709,324	$	780,318

A summary of accrued expenses is as follows:

(In thousands)	September 30, 2021		December 31, 2020
Payroll and related payables	$	16,852	$	17,201
Accrued vessel expenses		20,106		17,129
Accrued interest expense		2,596		3,240
Other accrued expenses		12,579		14,852
	$	52,133	$	52,422

A summary of other current liabilities is as follows:

(In thousands)	September 30, 2021		December 31, 2020
Taxes payable	$	21,305	$	23,883
Other		7,834		8,902
	$	29,139	$	32,785

A summary of other liabilities is as follows:

(In thousands)	September 30, 2021		December 31, 2020
Pension liabilities	$	31,139	$	31,736
Liability for uncertain tax positions		31,043		35,304
Other		12,260		12,752
	$	74,442	$	79,792