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PREPAID EXPENSES AND OTHER CURRENT AND NONCURRENT ASSETS
9 Months Ended
Sep. 30, 2016
PREPAID EXPENSES AND OTHER CURRENT AND NONCURRENT ASSETS  
PREPAID EXPENSES AND OTHER CURRENT AND NONCURRENT ASSETS

11 - PREPAID EXPENSES AND OTHER CURRENT AND NONCURRENT ASSETS

 

Prepaid expenses and other current assets consist of the following:

 

 

 

 

 

 

 

 

 

 

    

September 30, 

    

December 31, 

 

 

    

2016

    

2015

 

Lubricant inventory, fuel oil and diesel oil inventory and other stores

 

$

10,318

 

$

10,478

 

Prepaid items

 

 

2,448

 

 

3,917

 

Insurance receivable

 

 

1,283

 

 

2,738

 

Other

 

 

3,023

 

 

4,236

 

Total prepaid expenses and other current assets

 

$

17,072

 

$

21,369

 

 

Other noncurrent assets in the amount of $514 at September 30, 2016 and December 31, 2015 represent the security deposit related to the operating lease entered into effective April 4, 2011. Refer to Note 17 — Commitments and Contingencies for further information related to the lease agreement.