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PREPAID EXPENSES AND OTHER CURRENT AND NONCURRENT ASSETS | 12 Months Ended
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Dec. 31, 2011
PREPAID EXPENSES AND OTHER CURRENT AND NONCURRENT ASSETS |
PREPAID EXPENSES AND OTHER CURRENT AND NONCURRENT ASSETS |
14 - PREPAID EXPENSES AND OTHER CURRENT AND NONCURRENT ASSETS Prepaid expenses and other current assets consist of the following:
|  | December 31, 2011 |  | December 31, 2010 |
Lubricant inventory, fuel oil and diesel oil inventory and other stores |  | $ | 10,376 |  | $ | 7,445 |
Prepaid items |  | 5,514 |  | 4,693 |
Insurance receivable |  | 1,025 |  | 1,257 |
Other |  | 794 |  | 615 |
Total prepaid expenses and other current assets |  | $ | 17,709 |  | $ | 14,010 |
Other noncurrent assets in the amount of $514 at December 31, 2011 represents the security deposit related to the operating lease entered into effective April 4, 2011. Refer to Note 19 — Commitments and Contingencies for further information related to the lease agreement.

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