16 - FIXED ASSETS

Fixed assets consist of the following:

	Successor		Predecessor
	September 30, 2014		December 31, 2013
Fixed assets, at cost:
Vessel equipment	$	121	$	4,323
Leasehold improvements	—		2,679
Furniture and fixtures	462		786
Computer equipment	129		754
Total costs	712		8,542
Less: accumulated depreciation and amortization	66		3,438
Total	$	646	$	5,104

Depreciation and amortization expense for fixed assets for the Successor Company for the period from July 9 to September 30, 2014 was $66. Depreciation and amortization expense for fixed assets for the Predecessor Company for the period from July 1 to July 9, 2014 and January 1 to July 9, 2014 was $19 and $458, respectively. Additionally, depreciation and amortization expense for fixed assets for the Predecessor Company for the three and nine months ended September 30, 2013 was $233 and $687, respectively. Refer to Note 4 — Cash Flow Information for information regarding the reclassification from fixed assets to vessels assets during the period from January 1 to July 9, 2014.