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Commitments And Contingencies (Tables) | 12 Months Ended
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Dec. 31, 2015
Commitments And Contingencies [Abstract] |
Estimated Obligations and Companies Share for the Annual Charter Payment |
|  | Full |  |  |
|  | Charter |  | VAALCO
(in thousands) |  | Payment |  | Net
Year |  |  |  |  |  |
2016 |  | $ | 30,168 |  | $ | 8,469
2017 |  |  | 30,086 |  |  | 8,446
2018 |  |  | 30,086 |  |  | 8,446
2019 |  |  | 30,086 |  |  | 8,446
2020 |  |  | 30,168 |  |  | 8,469
Total |  | $ | 150,594 |  | $ | 42,276
Operating Lease Obligations for Rentals |
|  | Gross |  | VAALCO
(in thousands) |  | Obligation |  | Net
Year |  |  |  |  |  |
2016 |  | $ | 11,651 |  | $ | 3,850
2017 |  |  | 5,153 |  |  | 1,766
2018 |  |  | 1,423 |  |  | 694
2019 |  |  | 407 |  |  | 407
2020 |  |  | 340 |  |  | 340
Thereafter |  |  | - |  |  | -
Total |  | $ | 18,974 |  | $ | 7,057

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- Definition Tabular disclosure of the aggregate amount of payments due on known contractual obligations for the five years following the date of the latest balance sheet and the combined aggregate amount of maturities of known contractual obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 303 -Paragraph a -Subparagraph 5 + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717 + Details
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