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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2018
Income Statement Location  
Discontinued Operations

Major items constituting income  from discontinued operations

For the years ended December 31,

2018

 

2017

 

2016

Revenues

161,659

 

132,443

 

127,939

Expenses

 

 

 

 

 

Voyage expenses

37,202

 

10,498

 

6,928

Vessel operating expenses

68,406

 

54,281

 

44,862

Vessel depreciation and amortization

40,276

 

38,014

 

36,815

Interest expense and finance cost

8,433

 

6,642

 

5,713

Other (income) / expenses

(165)

 

320

 

(118)

Net  income from discontinued operations

7,507

 

22,688

 

33,739

 

Balance Sheet Location  
Discontinued Operations

Carrying amounts of major classes of assets included as part of discontinued operations

As of December 31, 2018

 

As of December 31, 2017

Cash

10,000

 

10,000

Inventories

7,183

 

2,817

Prepayments and other assets

6,515

 

771

Total major classes of current assets of discontinued operations

23,698

 

13,588

Vessels

643,682

 

607,528

Deferred charges, net

2,220

 

819

Above market acquired charters

7,531

 

-

Prepayments and other assets

1,035

 

-

Total major classes of non-current assets of discontinued operations

654,468

 

608,347

Total major classes of assets of discontinued operations

678,166

 

621,935

Carrying amounts of major classes of liabilities included as part of discontinued operations

 

 

 

Current portion of long-term debt, net

14,869

 

15,808

Deferred revenue

1,611

 

7,250

Trade accounts payables and accrued liabilities

5,055

 

-

Total major classes of current liabilities of discontinued operations

21,535

 

23,058

Long-term debt, net

134,744

 

107,960

Total major classes of long term liabilities of discontinued operations

134,744

 

107,960

Total major classes of liabilities of the discontinued operations

156,279

 

131,018