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PREPAID EXPENSES AND OTHER CURRENT AND NONCURRENT ASSETS

9 Months Ended

Sep. 30, 2012

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:

		September 30, 2012			December 31, 2011
Lubricant inventory, fuel oil and diesel oil inventory and other stores		$	10,321		$	10,376
Prepaid items		4,621			5,514
Insurance receivable		860			1,025
Other		1,218			794
Total prepaid expenses and other current assets		$	17,020		$	17,709

Other noncurrent assets in the amount of $514 at September 30, 2012 and December 31, 2011 represent 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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Disclosure of all information related to prepaid expenses, other current and noncurrent assets.

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