PREPAID EXPENSES AND OTHER CURRENT AND NONCURRENT ASSETS

12 Months Ended

Dec. 31, 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:

	December 31, 2012		December 31, 2011
Lubricant inventory, fuel oil and diesel oil inventory and other stores	$	10,322	$	10,376
Prepaid items	5,067		5,514
Insurance receivable	1,817		1,025
Other	940		794
Total prepaid expenses and other current assets	$	18,146	$	17,709

Other noncurrent assets in the amount of $514 at December 31, 2012 and 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.