Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]  
Entities included in the consolidation
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
  
 
 
 
 
  
Statement of Operations
Company Name
  
Nature
  
Ownership
Interest
 
 
 Country of
 Incorporation
  
2016
  
2015
  
2014
 
 
 
 
Navios Maritime Holdings Inc.
  
Holding Company
  
 
 
 
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Navios Corporation
  
Sub-Holding Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Navios International Inc.
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Navimax Corporation
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Navios Handybulk Inc.
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Hestia Shipping Ltd.
  
Operating Company
  
 
100
%
 
Malta
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Anemos Maritime Holdings Inc.
  
Sub-Holding Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Navios Shipmanagement Inc.
  
Management Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
NAV Holdings Limited
  
Sub-Holding Company
  
 
100
%
 
Malta
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Kleimar N.V.
  
Operating Company/
Vessel Owning Company/
Management Company
  
 
100
%
 
Belgium
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Kleimar Ltd.
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Bulkinvest S.A.
  
Operating Company
  
 
100
%
 
Luxembourg
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Primavera Shipping Corporation
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Ginger Services Co.
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Aquis Marine Corp.
  
Sub-Holding Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Navios Tankers Management Inc.
  
Management Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Astra Maritime Corporation
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Achilles Shipping Corporation
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Apollon Shipping Corporation
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Herakles Shipping Corporation
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Hios Shipping Corporation
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Ionian Shipping Corporation
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Kypros Shipping Corporation
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Meridian Shipping Enterprises Inc.
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Mercator Shipping Corporation
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Arc Shipping Corporation
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Horizon Shipping Enterprises Corporation
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Magellan Shipping Corporation
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Aegean Shipping Corporation
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Star Maritime Enterprises Corporation
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Corsair Shipping Ltd.
  
Vessel Owning Company
  
 
100
%
 
Marshall Is
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Rowboat Marine Inc.
  
Operating Company
  
 
100
%
 
Marshall Is
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Beaufiks Shipping Corporation
  
Operating Company
  
 
100
%
 
Marshall Is
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Nostos Shipmanagement Corp.
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Portorosa Marine Corp.
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Shikhar Ventures S.A.
  
Vessel Owning Company
  
 
100
%
 
Liberia
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Sizzling Ventures Inc.
  
Operating Company
  
 
100
%
 
Liberia
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Rheia Associates Co.
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Taharqa Spirit Corp.
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Rumer Holding Ltd.
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Pharos Navigation S.A.
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Pueblo Holdings Ltd.
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Quena Shipmanagement Inc.
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Aramis Navigation Inc.
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
White Narcissus Marine S.A.
  
Vessel Owning Company
  
 
100
%
 
Panama
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Navios GP L.L.C.
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Red Rose Shipping Corp.
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Statement of Operations
 
 
 
 
Company Name
 
Nature
 
 
Ownership Interest
 
 
Country of
 Incorporation
 
2016
  
2015
  
2014
 
 
 
 
Highbird Management Inc.
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Ducale Marine Inc.
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Vector Shipping Corporation
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Faith Marine Ltd.
  
Vessel Owning Company
  
 
100
%
 
Liberia
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Navios Maritime Finance (US) Inc.
  
Operating Company
  
 
100
%
 
Delaware
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Navios Maritime Finance II (US) Inc.
  
Operating Company
  
 
100
%
 
Delaware
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Tulsi Shipmanagement Co.
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Cinthara Shipping Ltd.
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Rawlin Services Company
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Mauve International S.A.
  
Operating Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Serenity Shipping Enterprises Inc.
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Mandora Shipping Ltd
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Solange Shipping Ltd.
  
Vessel Owning Company
  
 
100
%
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Diesis Ship Management Ltd.
  
Operating Company
  
 
100
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Navios Holdings Europe Finance Inc.
  
Sub-Holding Company
  
 
100
 
Marshall Is.
  
1/1 - 12/31
  
1/1 - 12/31
  
1/1 - 12/31
 
 
 
 
Navios Asia LLC
 
Sub-Holding Company
 
 
100
 
Marshall Is.
 
1/1 - 12/31
 
1/1 - 12/31
 
5/19 - 12/31
 
 
 
 
Iris Shipping Corporation
 
Vessel Owning Company
 
 
100
 
Marshall Is.
 
1/1 - 12/31
 
1/1 - 12/31
 
5/19 - 12/31
 
 
 
 
Jasmine Shipping Corporation
 
Vessel Owning Company
 
 
100
 
Marshall Is.
 
1/1 - 12/31
 
1/1 - 12/31
 
5/19 - 12/31
 
 
 
 
Emery Shipping Corporation
 
Vessel Owning Company
 
 
100
 
Marshall Is.
 
1/1 - 12/31
 
1/1 - 12/31
 
6/4 - 12/31
 
 
 
 
Lavender Shipping Corporation
 
Vessel Owning Company
 
 
100
 
Marshall Is.
 
1/1 - 12/31
 
1/1 - 12/31
 
11/24 - 12/31
 
 
 
 
Esmeralda Shipping Corporation
 
Vessel Owning Company
 
 
100
 
Marshall Is.
 
1/12 - 12/31
 
 
 
 
 
 
Triangle Shipping Corporation
 
Vessel Owning Company
 
 
100
 
Marshall Is.
 
1/12 - 12/31
 
 
 
 
 
 
Roselite Shipping Corporation
 
Operating Company
 
 
100
 
Marshall Is.
 
1/1 - 12/31
 
10/9 - 12/31
 
 
 
 
 
Smaltite Shipping Corporation
 
Operating Company
 
 
100
 
Marshall Is.
 
1/1 - 12/31
 
10/9 - 12/31
 
 
 
 
 
Motiva Trading Ltd
 
Operating Company
 
 
100
%
 
Marshall Is.
 
11/2 - 12/31
 
 
 
 
 
 
Depreciation rates
 
 
Vessels
  
25 years
Port terminals
  
5 to 40 years
Tanker vessels, barges and push boats
  
15 to 45 years
Furniture, fixtures and equipment
  
3 to 10 years
Computer equipment and software
  
5 years
Leasehold improvements
  
shorter of lease term or 6 years
 
 
 
 
Finite lived acquired intangible assets
 
 
 
 
 
 
 
Intangible assets/liabilities
  
Years
 
Trade name
  
 
21
  
Favorable lease terms
  
 
12
  
Port terminal operating rights
  
 
20-45
  
Customer relationships
  
 
20