Transactions with Related Parties (Details) € in Thousands, $ in Thousands |
3 Months Ended |
4 Months Ended |
5 Months Ended |
9 Months Ended |
10 Months Ended |
11 Months Ended |
12 Months Ended |
|
|
|
|
|
Mar. 31, 2017
USD ($)
|
Apr. 30, 2016 |
Jun. 05, 2015 |
May 31, 2015
USD ($)
|
Sep. 19, 2016
USD ($)
|
Nov. 11, 2014
USD ($)
|
Nov. 18, 2014 |
Dec. 13, 2013 |
Dec. 31, 2016
USD ($)
|
Dec. 31, 2016
EUR (€)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
USD ($)
|
Dec. 31, 2010
USD ($)
|
Mar. 23, 2017
shares
|
Feb. 04, 2015 |
Dec. 18, 2013
USD ($)
|
Dec. 31, 2012
USD ($)
|
| Annual lease payments of office |
|
|
|
|
|
|
|
|
$ 2,748
|
|
$ 2,508
|
$ 2,804
|
|
|
|
|
|
| General and administrative expenses |
|
|
|
|
|
|
|
|
25,295
|
|
34,183
|
45,590
|
|
|
|
|
|
| Due from affiliate, total |
|
|
|
|
|
|
|
|
0
|
|
8,887
|
|
|
|
|
|
|
| Due from affiliate, current |
|
|
|
|
|
|
|
|
8,548
|
|
12,669
|
|
|
|
|
|
|
| Long-term receivable from affiliate companies |
|
|
|
|
|
|
|
|
11,105
|
|
0
|
|
|
|
|
|
|
| Due to affiliate, current |
|
|
|
|
|
|
|
|
32,847
|
|
17,791
|
|
|
|
|
|
|
| Due to affiliate |
|
|
|
|
|
|
|
|
32,847
|
|
17,791
|
|
|
|
|
|
|
| Due to affiliate, non current |
|
|
|
|
|
|
|
|
6,399
|
|
0
|
|
|
|
|
|
|
| Deferred gain recognized in Statement of Comprehensive Income |
|
|
|
|
|
|
|
|
(202,779)
|
|
61,484
|
57,751
|
|
|
|
|
|
| Fair value of the claim, recorded as ''Other expense'' |
|
|
|
|
|
|
|
|
11,665
|
|
34,982
|
24,520
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
|
1,651,095
|
|
1,581,308
|
1,612,890
|
|
|
|
|
|
| Investments in affiliates |
|
|
|
|
|
|
|
|
160,071
|
|
381,746
|
344,453
|
|
|
|
|
|
| Loan receivable from affiliate companies |
|
|
|
|
|
|
|
|
23,008
|
|
16,474
|
|
|
|
|
|
|
| Proceeds from loan payable to affiliate company |
|
|
|
|
|
|
|
|
50,000
|
|
0
|
0
|
|
|
|
|
|
| Accrued interest on loan payable to affiliate company |
|
|
|
|
|
|
|
|
1,240
|
|
0
|
0
|
|
|
|
|
|
| Outstanding balance |
|
|
|
|
|
|
|
|
49,876
|
|
0
|
|
|
|
|
|
|
| Navios Acquisition Loan |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Line Credit Facility Arrangement Fees |
|
|
|
|
$ 700
|
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility outstanding amount |
|
|
|
|
|
|
|
|
51,240
|
|
|
|
|
|
|
|
|
| Fixed interest rate |
|
|
|
|
8.75%
|
|
|
|
|
|
|
|
|
|
|
|
|
| Available amount of loan facility |
|
|
|
|
$ 70,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| Proceeds from loan payable to affiliate company |
|
|
|
|
|
|
|
|
50,000
|
|
|
|
|
|
|
|
|
| Accrued interest on loan payable to affiliate company |
|
|
|
|
|
|
|
|
1,240
|
|
|
|
|
|
|
|
|
| Unamortized balance of deferred fees |
|
|
|
|
|
|
|
|
1,364
|
|
|
|
|
|
|
|
|
| Outstanding balance |
|
|
|
|
|
|
|
|
49,876
|
|
|
|
|
|
|
|
|
| Navios Partners Agreement |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Maximum payout of company under Navios Partner's guarantee |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 20,000
|
| General and administrative expenses |
|
|
|
|
|
|
|
|
7,751
|
|
6,205
|
6,090
|
|
|
|
|
|
| Navios Acquisition Agreement |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| General and administrative expenses |
|
|
|
|
|
|
|
|
9,427
|
|
7,608
|
7,314
|
|
|
|
|
|
| Navios Logistics Agreement |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| General and administrative expenses |
|
|
|
|
|
|
|
|
1,000
|
|
760
|
760
|
|
|
|
|
|
| Termination date of the administrative services agreement |
|
December 2021
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Navios Europe I Agreement |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| General and administrative expenses |
|
|
|
|
|
|
|
|
1,300
|
|
800
|
800
|
|
|
|
|
|
| Administrative services agreement term in years |
|
|
|
|
|
|
|
6 years
|
|
|
|
|
|
|
|
|
|
| Navios Midstream Agreement |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| General and administrative expenses |
|
|
|
|
|
|
|
|
1,500
|
|
1,014
|
96
|
|
|
|
|
|
| Administrative services agreement term in years |
|
|
|
|
|
|
5 years
|
|
|
|
|
|
|
|
|
|
|
| Navios Europe II Agreement |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| General and administrative expenses |
|
|
|
|
|
|
|
|
1,820
|
|
550
|
|
|
|
|
|
|
| Administrative services agreement term in years |
|
|
6 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Goldland Anonymos Eteria |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Annual lease payments of office |
|
|
|
|
|
|
|
|
1,044
|
€ 943
|
|
|
|
|
|
|
|
| Acropolis |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Commissions paid |
|
|
|
|
|
|
|
|
0
|
|
6
|
2
|
|
|
|
|
|
| Trade accounts payable |
|
|
|
|
|
|
|
|
$ 76
|
|
76
|
|
|
|
|
|
|
| Navios Partners |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Termination date of the administrative services agreement |
|
|
|
|
|
|
|
|
December 2017
|
December 2017
|
|
|
|
|
|
|
|
| Due from affiliate, total |
|
|
|
|
|
|
|
|
$ 0
|
|
8,887
|
|
|
|
|
|
|
| Long-term receivable from affiliate companies |
|
|
|
|
|
|
|
|
11,105
|
|
|
|
|
|
|
|
|
| Unamortized deferred gain for vessels and rights sold |
|
|
|
|
|
|
|
|
11,846
|
|
13,680
|
|
|
|
|
|
|
| Deferred gain recognized in Statement of Comprehensive Income |
|
|
|
|
|
|
|
|
1,833
|
|
2,621
|
5,278
|
|
|
|
|
|
| Maximum borrowing capacity |
|
|
|
$ 60,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility outstanding amount |
|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
|
|
|
| Fair value of the claim, recorded as ''Other expense'' |
|
|
|
|
|
|
|
|
$ 19,739
|
|
|
|
|
|
|
|
|
| Interest rate description |
|
|
|
LIBOR plus 300 basis points
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Loan margin percentage |
|
|
|
3.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility maturity date |
|
|
|
Jan. 02, 2017
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Loan receivable from affiliate companies |
|
|
|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
|
| Navios Acquisition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Termination date of the administrative services agreement |
|
|
|
|
|
|
|
|
May 2020
|
May 2020
|
|
|
|
|
|
|
|
| Long-term receivable from affiliate companies |
|
|
|
|
|
|
|
|
$ 0
|
|
|
|
|
|
|
|
|
| Line Credit Facility Arrangement Fees |
|
|
|
|
|
$ 4,000
|
|
|
|
|
|
|
|
|
|
|
|
| Credit facility outstanding amount |
|
|
|
|
|
|
|
|
$ 0
|
|
$ 0
|
|
|
|
|
|
|
| Interest rate description |
|
|
|
|
|
|
|
|
LIBOR plus 300 basis points
|
LIBOR plus 300 basis points
|
|
|
|
|
|
|
|
| Credit facility maturity date |
|
|
|
|
|
|
|
|
Dec. 31, 2015
|
Dec. 31, 2015
|
Dec. 29, 2014
|
|
|
|
|
|
|
| Navios Midstream |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Description of the option to acquire Navios Midstream |
|
|
|
|
|
|
|
|
Navios Holdings entered into an option agreement, with Navios Acquisition under which Navios Acquisition, which owns and controls Navios Maritime Midstream Partners GP LLC ("Midstream General Partner"), granted Navios Holdings the option to acquire a minimum of 25% of the outstanding membership interests in Midstream General Partner and the incentive distribution rights in Navios Midstream representing the right to receive an increasing percentage of the quarterly distributions when certain conditions are met. The option shall expire on November 18, 2024. The purchase price for the acquisition for all or part of the option interest shall be an amount equal to its fair market value. As of December 31, 2016, Navios Holdings had not exercised any part of that option.
|
Navios Holdings entered into an option agreement, with Navios Acquisition under which Navios Acquisition, which owns and controls Navios Maritime Midstream Partners GP LLC ("Midstream General Partner"), granted Navios Holdings the option to acquire a minimum of 25% of the outstanding membership interests in Midstream General Partner and the incentive distribution rights in Navios Midstream representing the right to receive an increasing percentage of the quarterly distributions when certain conditions are met. The option shall expire on November 18, 2024. The purchase price for the acquisition for all or part of the option interest shall be an amount equal to its fair market value. As of December 31, 2016, Navios Holdings had not exercised any part of that option.
|
|
|
|
|
|
|
|
| Navios Logistics | Navios Acquisition Loan |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Ownership percentage of Navios Holdings |
|
|
|
|
78.50%
|
|
|
|
|
|
|
|
|
|
|
|
|
| Minimum | Share purchase agreement with Navios Partners |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Ownership percentage of Navios Holdings |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
20.00%
|
|
|
| Minimum | Navios Midstream |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Option agreement percentage interests |
|
|
|
|
|
|
|
|
25.00%
|
25.00%
|
|
|
|
|
|
|
|
| Short Term debt | Navios Acquisition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Maximum borrowing capacity |
|
|
|
|
|
|
|
|
|
|
|
|
$ 40,000
|
|
|
|
|
| Loan margin percentage |
|
|
|
|
|
|
|
|
|
|
|
|
3.00%
|
|
|
|
|
| Navios Holdings debt | Navios Acquisition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Maximum borrowing capacity |
|
|
|
|
|
$ 200,000
|
|
|
|
|
|
|
|
|
|
|
|
| Loan margin percentage |
|
|
|
|
|
6.00%
|
|
|
|
|
|
|
|
|
|
|
|
| Navios Europe I |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Deferred gain recognized in Statement of Comprehensive Income |
|
|
|
|
|
|
|
|
$ 1,303
|
|
$ 1,293
|
831
|
|
|
|
|
|
| Investments in affiliates |
|
|
|
|
|
|
|
|
5,967
|
|
5,497
|
|
|
|
|
$ 4,750
|
|
| Navios Europe I | Navios Revolving Loans I |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Loan receivable from affiliate companies |
|
|
|
|
|
|
|
|
10,070
|
|
8,868
|
|
|
|
|
|
|
| Navios Europe I | Navios Revolving Loans I | Navios Holdings, Navios Acquisition and Navios Partners |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Maximum borrowing capacity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 24,100
|
|
| Navios Europe II |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Deferred gain recognized in Statement of Comprehensive Income |
|
|
|
|
|
|
|
|
(14)
|
|
1,308
|
|
|
|
|
|
|
| Investments in affiliates |
|
|
|
|
|
|
|
|
5,894
|
|
6,650
|
|
|
|
|
|
|
| Navios Europe II | Navios Revolving Loans II |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Loan receivable from affiliate companies |
|
|
|
|
|
|
|
|
14,343
|
|
7,900
|
|
|
|
|
|
|
| Navios Europe II | Navios Revolving Loans II | Navios Holdings, Navios Acquisition and Navios Partners |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Maximum borrowing capacity |
|
|
|
|
|
|
|
|
|
|
43,500
|
|
|
|
|
|
|
| Navios Partners |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Deferred gain recognized in Statement of Comprehensive Income |
|
|
|
|
|
|
|
|
$ 5,979
|
|
15,462
|
36,959
|
|
|
|
|
|
| Ownership percentage of Navios Holdings |
|
|
|
|
|
|
|
|
20.00%
|
|
|
|
|
|
|
|
|
| Investments in affiliates |
|
|
|
|
|
|
|
|
$ 24,033
|
|
115,432
|
|
|
|
|
|
|
| Navios Europe I |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Due from affiliate, total |
|
|
|
|
|
|
|
|
2,376
|
|
1,609
|
|
|
|
|
|
|
| Due from affiliate, current |
|
|
|
|
|
|
|
|
145
|
|
211
|
|
|
|
|
|
|
| Long-term receivable from affiliate companies |
|
|
|
|
|
|
|
|
$ 2,231
|
|
1,398
|
|
|
|
|
|
|
| Ownership percentage of Navios Holdings |
|
|
|
|
|
|
|
|
47.50%
|
|
|
|
|
|
|
|
|
| Navios Europe I | Navios Revolving Loans I |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred Distribution Percentage |
|
|
|
|
|
|
|
|
12.70%
|
12.70%
|
|
|
|
|
|
|
|
| Loan receivable from affiliate companies |
|
|
|
|
|
|
|
|
$ 7,125
|
|
7,125
|
|
|
|
|
|
|
| Navios Europe I | Navios Revolving Loans I | Navios Holdings, Navios Acquisition and Navios Partners |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Available amount of loan facility |
|
|
|
|
|
|
|
|
9,100
|
|
|
|
|
|
|
|
|
| Navios Europe II |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Due from affiliate, total |
|
|
|
|
|
|
|
|
10,453
|
|
4,196
|
|
|
|
|
|
|
| Due from affiliate, current |
|
|
|
|
|
|
|
|
8,402
|
|
3,571
|
|
|
|
|
|
|
| Long-term receivable from affiliate companies |
|
|
|
|
|
|
|
|
$ 2,051
|
|
625
|
|
|
|
|
|
|
| Ownership percentage of Navios Holdings |
|
|
|
|
|
|
|
|
47.50%
|
|
|
|
|
|
|
|
|
| Navios Europe II | Navios Revolving Loans II |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Loan receivable from affiliate companies |
|
|
|
|
|
|
|
|
$ 11,602
|
|
7,327
|
|
|
|
|
|
|
| Navios Europe II | Navios Revolving Loans II | Navios Holdings, Navios Acquisition and Navios Partners |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Available amount of loan facility |
|
|
|
|
|
|
|
|
19,075
|
|
|
|
|
|
|
|
|
| Navios Acquisition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Due from affiliate, current |
|
|
|
|
|
|
|
|
0
|
|
0
|
|
|
|
|
|
|
| Deferred gain recognized in Statement of Comprehensive Income |
|
|
|
|
|
|
|
|
$ 29,801
|
|
43,299
|
$ 19,513
|
|
|
|
|
|
| Ownership percentage of Navios Holdings |
|
|
|
|
|
|
|
|
46.10%
|
|
|
|
|
|
|
|
|
| Investments in affiliates |
|
|
|
|
|
|
|
|
$ 124,062
|
|
253,286
|
|
|
|
|
|
|
| Navios Midstream |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Due from affiliate, current |
|
|
|
|
|
|
|
|
$ 0
|
|
$ 0
|
|
|
|
|
|
|
| Ownership percentage of Navios Holdings |
|
|
|
|
|
|
|
|
0.00%
|
|
|
|
|
|
|
|
|
| Funding Commitment | Navios Europe I | Navios Revolving Loans I |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Available amount of loan facility |
|
|
|
|
|
|
|
|
$ 4,323
|
|
|
|
|
|
|
|
|
| Funding Commitment | Navios Europe II | Navios Revolving Loans II |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Available amount of loan facility |
|
|
|
|
|
|
|
|
$ 9,061
|
|
|
|
|
|
|
|
|
| Subsequent event | Share Repurchase Program |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| General partnership interests | shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
1,271,766
|
|
|
|
| Subsequent event | Navios Europe II | Navios Revolving Loans II | Navios Holdings, Navios Acquisition and Navios Partners |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Line of Credit Facility, Increase |
$ 14,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|