Vessels, Port Terminal and Other Fixed Assets, Net
 12 Months Ended
Dec. 31, 2016
VESSELS, PORT TERMINALS AND OTHER FIXED ASSETS, NET [Abstract]  
VESSELS, PORT TERMINALS AND OTHER FIXED ASSETS, NET
NOTE 6: VESSELS, PORT TERMINALS AND OTHER FIXED ASSETS, NET
 
Vessels
  
Cost
 
 
Accumulated
 Depreciation
 
 
Net Book
 Value
 
Balance December 31, 2013
  
$ 
1,717,599
  
 
$ 
(308,461
) 
 
$ 
1,409,138
  
Additions
  
 
123,541
 
 
 
(68,333
)
 
 
55,208
  
Balance December 31, 2014
  
 
1,841,140
  
 
 
(376,794
)
 
 
1,464,346
  
Additions
  
 
—
 
 
 
(70,894
)
 
 
(70,894
) 
Balance December 31, 2015
  
 
1,841,140
  
 
 
(447,688
)
 
 
1,393,452
  
Additions
 
 
60,115
 
 
 
(73,847
)
 
 
(13,732
)
Transfers
  
 
29,695
 
 
 
—
 
 
 
29,695
 
Balance December 31, 2016
  
$
1,930,950
  
 
$
(521,535
)
 
$
1,409,415
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Port Terminals (Navios Logistics)
  
Cost
 
 
Accumulated
 Depreciation
 
 
Net Book
 Value
 
Balance December 31, 2013
  
$ 
103,030
  
 
$ 
(17,082
) 
 
$ 
85,948
  
Additions
  
 
3,369
 
 
 
(3,385
)
 
 
(16
)
Balance December 31, 2014
  
 
106,399
 
 
 
(20,467
)
 
 
85,932
  
Additions
  
 
2,287
 
 
 
(3,431
)
 
 
(1,144
)
Balance December 31, 2015
  
 
108,686
 
 
 
(23,898
)
 
 
84,788
  
Additions
  
 
2,051
 
 
 
(3,493
)
 
 
(1,442
)
Transfers
 
 
(1,513
)
 
 
—
 
 
 
(1,513
)
Balance December 31, 2016
  
$
109,224
 
 
$
(27,391
)
 
$
81,833
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Tanker vessels, barges and push boats (Navios Logistics)
  
Cost
 
 
Accumulated
 Depreciation
 
 
Net Book
 Value
 
Balance December 31, 2013
  
$ 
368,626
  
 
$ 
(93,782
) 
 
$ 
274,844
  
Additions
  
 
96,387
  
 
 
(17,355
)
 
 
79,032
  
Write-off
  
 
(47
) 
 
 
—  
 
 
 
(47
) 
Balance December 31, 2014
  
 
464,966
  
 
 
(111,137
)
 
 
353,829
  
Additions
  
 
6,188
  
 
 
(20,007
)
 
 
(13,819
) 
Restructure of capital lease
  
 
(210
) 
 
 
—  
 
 
 
(210
) 
Balance December 31, 2015
  
 
470,944
  
 
 
(131,144
)
 
 
339,800
  
Additions
  
 
738
 
 
 
(18,894
)
 
 
(18,156
)
Transfers
  
 
3,696
 
 
 
—  
 
 
 
3,696
 
Balance December 31, 2016
  
$
475,378
  
 
$
(150,038
)
 
$
325,340
  
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other fixed assets
  
Cost
 
 
Accumulated
 Depreciation
 
 
Net Book
 Value
 
Balance December 31, 2013
  
$ 
12,700
  
 
 $
(5,173
) 
 
 $
7,527
  
Additions
  
 
887
 
 
 
(1,378
)
 
 
(491
)
Write-off
  
 
(161
)
 
 
161
 
 
 
—  
 
Balance December 31, 2014
  
 
13,426
 
 
 
(6,390
)
 
 
7,036
 
Additions
  
 
443
 
 
 
(1,558
)
 
 
(1,115
)
Balance December 31, 2015
  
 
13,869
 
 
 
(7,948
)
 
 
5,921
 
Additions
  
 
2,250
 
 
 
(1,475
)
 
 
775
 
Transfers
 
 
(2,183
)
 
 
— 
 
 
 
(2,183
)
Balance December 31, 2016
  
$
13,936
 
 
$
(9,423
)
 
$
4,513
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
  
Cost
 
 
Accumulated
 Depreciation
 
 
Net Book
 Value
 
Balance December 31, 2013
  
$ 
2,201,955
  
 
 $
(424,498
) 
 
 $
1,777,457
  
Additions
  
 
224,184
 
 
 
(90,451
)
 
 
133,733
  
Write-off
  
 
(208
)
 
 
161
 
 
 
(47
) 
Balance December 31, 2014
  
 
2,425,931
 
 
 
(514,788
)
 
 
1,911,143
  
Additions
  
 
8,918
 
 
 
(95,890
)
 
 
(86,972
) 
Restructure of capital lease
  
 
(210
)
 
 
—
 
 
 
(210
) 
Balance December 31, 2015
  
 
2,434,639
 
 
 
(610,678
)
 
 
1,823,961
  
Additions
  
 
65,154
 
 
 
(97,709
)
 
 
(32,555
) 
Transfers
  
 
29,695
 
 
 
—
 
 
 
29,695
 
Balance December 31, 2016
  
$
2,529,488
 
 
$
(708,387
)
 
$
1,821,101
  
 
  
 
 
 
 
 
 
 
 
 
 
 
Deposits for Vessels and Port Terminals Acquisitions
On January 26, 2014, Navios Holdings entered into agreements to purchase two bulk carrier vessels, one 84,872 deadweight tons (“dwt”) Panamax vessel, Navios Sphera, and one 181,259 dwt Capesize vessel, Navios Mars, to be built in Japan. The vessels' acquisition prices were $31,800 and $52,000, respectively, and were delivered in January 2016. As of December 31, 2015, Navios Holdings had paid deposits for both vessels totaling $29,695, which as of March 31, 2016, had been transferred to vessels' cost.
On February 11, 2014, Navios Logistics entered into an agreement, as amended on June 3, 2016, for the construction of three new pushboats with a purchase price of $7,344 for each pushboat. As of December 31, 2016 and December 31, 2015, Navios Logistics had paid $16,156 and $14,770, respectively, for the construction of the new pushboats which are expected to be delivered in the third quarter of 2017.
As of December 31, 2016 and December 31, 2015, Navios Logistics had paid $120,735 and $29,484, respectively, for the expansion of its dry port in Uruguay, which is currently an asset under construction. Capitalized interest included in deposits for vessels, port terminals and other fixed assets amounted to $8,796 and $2,954, as of December 31, 2016 and December 31, 2015, respectively.
 
Vessel Acquisitions
On January 12, 2016, Navios Holdings took delivery of the Navios Sphera, a 2016-Japanese built 84,872 dwt Panamax vessel, and Navios Mars, a 2016-Japanese built 181,259 dwt Capesize vessel, for an acquisition cost of $34,352 and $55,458, respectively, of which $49,910 was paid from available cash and $39,900 was financed through a loan. As of March 31, 2016, deposits of $29,695, relating to the acquisition of Navios Sphera and Navios Mars, had been transferred to vessels' cost.
On January 27, 2014, Navios Asia took delivery of the N Bonanza, a 2006-built 76,596 dwt Panamax vessel for a purchase price of $17,634, of which $2,900 was paid from the Company's cash, $3,484 from the noncontrolling shareholders' cash and $11,250 was financed through a loan.
 
On June 4, 2014, Navios Holdings took delivery of the Navios Gem, a 2014-built 181,336 dwt Capesize vessel for a purchase price of $54,368, of which $24,368 was paid in cash and $30,000 was financed through a loan.
 
 
On November 24, 2014, Navios Holdings took delivery of the Navios Ray, a 2012-built 179,515 dwt Capesize vessel for a purchase price of $51,539, of which $20,539 was paid in cash and $31,000 was financed through a loan.
 
Navios Logistics
On June 30, 2015, Navios Logistics entered into an agreement for the restructuring of its capital leases for the Ferni H and the San San H, by extending their duration until January 2020 and April 2020, respectively, and amending the purchase price obligation to $5,325 and $5,150, respectively, payable at the end of the extended period. As of December 31, 2016, the obligations for these vessels were accounted for as capital leases and the lease payments during the years ended December 31, 2016 and 2015 for both vessels were $3,032 and $1,501, respectively.