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FIXED ASSETS
9 Months Ended
Sep. 30, 2015
FIXED ASSETS  
FIXED ASSETS

 

15 - FIXED ASSETS

 

Fixed assets consist of the following:

 

 

 

Successor

 

Successor

 

 

 

September 30,
2015

 

December 31,
2014

 

Fixed assets, at cost:

 

 

 

 

 

Vessel equipment

 

$

830 

 

$

229 

 

Furniture and fixtures

 

462 

 

462 

 

Computer equipment

 

142 

 

129 

 

 

 

 

 

 

 

Total costs

 

1,434 

 

820 

 

Less: accumulated depreciation and amortization

 

319 

 

119 

 

 

 

 

 

 

 

Total

 

$

1,115 

 

$

701 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization expense for fixed assets for the Successor Company for the three and nine months ended September 30, 2015 and for the period from July 9 to September 30, 2014 was $83, $200 and $66, respectively.  Depreciation and amortization expense for fixed assets for the Predecessor Company for the period from July 1 to July 9, 2014 and for the period from January 1 to July 9, 2014 was $19 and $458, respectively.  Refer to Note 3 — Cash Flow Information for information regarding the reclassification from fixed assets to vessels assets by the Predecessor Company during the period from January 1 to July 9, 2014.