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associated with the favorable lease terms included an amount of $1,180 and $10,575, respectively related to purchase options for the vessels (see also Note 2(n)). During the year ended December 31, 2016, acquisition costs of $70,937 and accumulated amortization of $57,930 of favorable lease terms were written off resulting in a loss of $13,007. This write-off resulted from the early redelivery of one vessel. During the year ended December 31, 2015, acquisition costs $75,694, of fully amortized favorable lease terms were written off, as a result of early redeliveries of vessels. As of December 31, 2016 and 2015, the intangible liability associated with the unfavorable lease terms included an amount of $0 and $(467), respectively, related to purchase options held by third parties (see also Note 2(n)). During the year ended December 31, 2016, acquisition costs of $24,721 and accumulated amortization of $17,406 of unfavorable lease terms were written off resulting in an income of $7,315. This write-off resulted from the early redelivery of one vessel. During the year ended December 31, 2015, $31,698 of acquisition cost of unfavorable lease terms were written off. During the year ended December 31, 2015, acquisition cost and accumulated amortization of $64,609, of fully amortized unfavorable lease terms were written off. These write-offs resulted from early redelivery of vessels. As of December 31, 2016 and 2015, no purchase options held by third parties have been exercised. The fair value of the Company's long-term debt/ Capital lease obligations is estimated based on currently available debt with similar contract terms, interest rates and remaining maturities, published quoted market prices as well as taking into account the Company's creditworthiness. The fair value of the Company's loan receivable from/ payable to affiliate companies and long-term receivable from/payable to affiliate companies is estimated based on currently available debt with similar contract terms, interest rate and remaining maturities as well as taking into account the counterparty's creditworthiness. <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>NOTE 11: FAIR VALUE OF FINANCIAL INSTRUMENTS</b></font></div> <div style="margin-top:19.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Fair value of financial instruments</b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The following methods and assumptions were used to estimate the fair value of each class of financial instrument:</font></div> <div style="margin-top:9.0px;text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Cash and cash equivalents: </b></i>The carrying amounts reported in the consolidated balance sheets for interest bearing deposits and money market funds approximate their fair value because of the short maturity of these investments.</font></div> <div style="margin-top:9.0px;text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Restricted cash:</b></i> The carrying amounts reported in the consolidated balance sheets for interest bearing deposits approximate their fair value because of the short maturity of these investments.</font></div> <div style="margin-top:9.0px;text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Borrowings: </b></i>The book value has been adjusted to reflect the net presentation of deferred financing costs. The outstanding balance of the floating rate loans continues to approximate their fair value, excluding the effect of any deferred finance costs. The 2019 Notes, the 2022 Notes, the 2022 Logistics Senior Notes, the Navios Acquisition Loan and one Navios Logistics' loan are fixed rate borrowings and their fair value was determined based on quoted market prices.</font></div> <div style="margin-top:9.0px;text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Capital leases:</b></i> The capital leases are fixed rate obligations and their carrying amounts approximate their fair value.</font></div> <div style="margin-top:9.0px;text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Loan receivable from affiliate companies:</b></i> The carrying amount of the fixed rate loan approximates its fair value.</font></div> <div style="margin-top:9.0px;text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Loan payable to affiliate company:</b></i> The carrying amount of the fixed rate loan approximates its fair value.</font></div> <div style="margin-top:9.0px;text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Long-term receivable from affiliate company:</b></i> The carrying amount of the floating rate receivable approximates its fair value.</font></div> <div style="margin-top:9.0px;text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Long-term payable to affiliate company:</b></i> The carrying amount of the long-term payable approximates its fair value.</font></div> <div style="margin-top:9.0px;text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Investments in available-for-sale securities:</b></i> The carrying amount of the investments in available-for-sale securities reported in the consolidated balance sheets represents unrealized gains and losses on these securities, which are reflected directly in equity unless an unrealized loss is considered &#147;other-than-temporary&#148;, in which case it is transferred to the consolidated statements of comprehensive income/(loss). During the third quarter of 2016, the Company sold all its available-for-sale securities.</font></div> <div style="margin-top:9.0px;text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Long-term payables to affiliate companies:</b></i> The carrying amount of other long-term payables to affiliate companies approximates their fair value.</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>&#160;</b></i></font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The estimated fair values of the Company's financial instruments were as follows:</font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:289px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:18px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:67px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:17px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:70px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:67px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:62px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:289px;height:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="6" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:199px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>December 31, 2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="6" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:196px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>December&#160;31, 2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:289px;height:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:86px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Book&#160;Value</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:88px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Fair&#160;Value</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:91px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Book&#160;Value</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:76px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Fair&#160;Value</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Cash and cash equivalents</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">135,992</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:70px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">135,992</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">163,412</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">163,412</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Restricted cash</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,386</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:70px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,386</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">13,480</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">13,480</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Investments in available-for-sale-securities</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:70px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,173</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,173</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Loan receivable from affiliate company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">23,008</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:70px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">23,008</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">16,474</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">16,474</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Long-term receivable from affiliate companies</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">11,105</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:70px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">11,105</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Capital lease obligations, including current portion</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(17,617</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:70px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(17,617</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(20,649</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(20,649</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Senior and ship mortgage notes, net</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,296,537</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:70px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(974,170</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,350,941</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(735,002</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Long-term debt, including current portion</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(304,682</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:70px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(308,080</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(230,367</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(233,526</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Loan payable to affiliate company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(49,876</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:70px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(51,240</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Long-term payable to affiliate companies</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(6,399</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:70px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(6,399</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The following table set forth our assets that are measured at fair value on a recurring basis categorized by fair value hierarchy level. 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">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:82px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:86px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:28px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:54px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:250px;height:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="14" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:453px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Fair Value Measurements as of December 31, 2015</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:250px;height:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Assets</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:55px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:115px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Quoted&#160;Prices&#160;in</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Active&#160;Markets&#160;for</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Identical&#160;Assets</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;(Level I)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:110px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Significant&#160;Other</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Observable</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Inputs</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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"><b>&#160;(Level&#160;III)</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:250px;height:3px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Investments in available-for-sale securities</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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"><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>5,173</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:250px;height:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:55px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:68px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">135,992</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Restricted cash</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,386</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,386</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Loan receivable from affiliate company⁽²⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">23,008</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">23,008</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Long-term receivable from affiliate companies⁽²⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">11,105</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">11,105</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Capital lease obligations, including current portion⁽¹⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(17,617</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(17,617</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Senior and ship mortgage notes</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(974,170</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:21px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:6px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(974,170</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:21px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:21px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Long-term debt, including current portion⁽¹⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(308,080</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(308,080</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Loan payable to affiliate company⁽²⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(51,240</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(51,240</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Long-term payable to affiliate companies⁽²⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(6,399</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(6,399</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="margin-left: 11.7px;text-indent:-10.7px;"></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:300px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="middle" colspan="16" style=" border:solid #000000 0.0px;width:430px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:300px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:68px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:79px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:68px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:300px;height:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="14" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:403px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Fair Value Measurements at December&#160;31, 2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:300px;height:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:80px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:85px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(Level I)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:81px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(Level II)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:64px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(Level&#160;III)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Cash and cash equivalents</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">163,412</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">163,412</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Restricted cash</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">13,480</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">13,480</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Loan receivable from affiliate companies⁽²⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">16,474</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">16,474</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:6px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Senior and ship mortgage notes</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(735,002</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:79px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(735,002</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Capital lease obligations, including current portion⁽¹⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(20,649</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(20,649</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Long-term debt, including current portion⁽¹⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(233,526</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(233,526</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:300px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="middle" colspan="16" style=" border:solid #000000 0.0px;width:430px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000;">&#160;</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">$&#160;</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,173</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:8px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:15px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:82px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,173</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:6px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:31px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$&#160;</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:86px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:27px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:28px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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"><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>5,173</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:82px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>5,173</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:86px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:28px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:250px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="17" style=" border:solid #000000 0.0px;width:489px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:250px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="middle" colspan="17" style=" border:solid #000000 0.0px;width:489px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:250px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="middle" colspan="17" style=" border:solid #000000 0.0px;width:489px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:250px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="middle" colspan="17" style=" border:solid #000000 0.0px;width:489px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:250px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:82px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:86px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:28px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:54px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:282px;height:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Balance Sheet as of December 31, 2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:73px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Navios</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;Maritime</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;Holdings&#160;Inc.</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;Issuer</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Guarantor</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;Subsidiaries</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">Prepaid expenses and other current assets</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total current assets</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>18,237</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>136,301</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>192,820</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">167,647</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">287,151</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total non-current assets</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,863,014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,803,360</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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"><b>(1,934,072</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>2,479,755</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total assets</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>940,273</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>2,752,895</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:282px;height:4px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">2,639</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">2,639</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Current portion of long-term debt</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>269,693</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,697,559</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total liabilities</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,202,964</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>311,640</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>508,956</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(74,218</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,949,342</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Noncontrolling interest</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">125,266</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:60px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">125,266</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total Navios Holdings stockholders' equity</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>678,287</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,628,021</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>306,051</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;"><div style="text-align:right;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(1,934,072</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>678,287</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total liabilities and stockholders' equity</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,881,251</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,939,661</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>940,273</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; 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">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Cash and cash equivalents</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">34,152</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">47,753</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">13,480</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:60px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">13,480</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Accounts receivable, net</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">38,716</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">64,813</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">7,836</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">3</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">36,580</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; 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">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">48,585</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>182,473</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>194,179</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></li> </ul></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">21,325</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">22,433</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:60px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">43,758</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Goodwill and other intangibles</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">86,793</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">52,829</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">171,171</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">310,793</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,820,351</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>677,639</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(1,922,159</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total assets</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>2,129,371</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:53px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:60px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:54px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Accounts payable</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">363</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">45,913</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">26,329</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:60px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">33,244</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">54,451</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:60px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(123,041</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:60px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#151;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">2,929</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">16,875</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">69</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">16,944</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>141,297</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>51,952</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>226,856</b></font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>239,988</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>397,654</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,621,405</b></font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total liabilities</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,140,411</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>381,285</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>449,606</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(123,041</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,848,261</b></font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Noncontrolling interest</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">121,592</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">121,592</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total Navios Holdings stockholders' equity</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>988,960</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,621,539</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>300,620</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;background-color:#cceeff"><div style="text-align:right;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(1,922,159</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>988,960</b></font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>2,002,824</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>871,818</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(2,045,200</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:59px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:54px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Guarantor</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:88px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Guarantor</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash flow statement for the year ended December 31, 2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:84px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Issuer</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Subsidiaries</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:88px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Subsidiaries</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Eliminations</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>78,830</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>36,920</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash flows from investing activities</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:63px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(3,032</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(3,032</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net cash used in financing activities</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>42,612</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(12,256</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>55,869</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>86,225</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Increase/(decrease) in cash and cash equivalents</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(18,277</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>7,182</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(16,325</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(27,420</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>47,753</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>81,507</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>163,412</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash and cash equivalents, end of year</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>15,875</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>54,935</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:63px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>65,182</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:32px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>135,992</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div> <div style="margin-bottom:10.0px;line-height:1.15;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash flow statement for the year ended December 31, 2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:84px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Issuer</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Subsidiaries</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:88px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Subsidiaries</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Eliminations</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net cash (used in)/provided by operating activities</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(49,544</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>48,038</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>44,984</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>43,478</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash flows from investing activities</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Acquisition of investments in affiliates</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(14,668&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(6,650</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(1,528</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Loan to affiliate company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">Decrease in long-term receivable from affiliate companies</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">10,351</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">10,351</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">18,244</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:6px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Deposits for vessels, port terminals and other fixed assets</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(7,555</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(19,158</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(26,713</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Purchase of property, equipment and other fixed assets</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(327</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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"><b>Net cash provided by/(used in) in investing activities</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>3,576</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(28,567</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(36,499</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Transfer (to)/from other group subsidiaries</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">17,183</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(18,711</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">1,528</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Debt issuance costs</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(6,800</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)&#160;</font></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(6,800</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Payments of obligations under capital leases</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(1,501</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(1,501</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net cash used in financing activities</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(18,419</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(65,862</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(6,842</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(91,123</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Increase/(decrease) in cash and cash equivalents</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(64,387</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(29,332</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>9,575</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(84,144</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash and cash equivalents, beginning of year</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>98,539</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>77,085</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>71,932</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>247,556</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash and cash equivalents, end of year</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>34,152</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>47,753</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:63px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>81,507</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:32px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>163,412</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:307px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:56px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:44px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:68px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:68px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:70px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:57px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Subsidiaries</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:70px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Eliminations</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:57px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net cash (used in)/provided by operating activities</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:56px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:44px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:44px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Acquisition of investments in affiliates</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(2,233</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(104,091</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(244,888</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:307px;height:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:56px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Issuance of common stock</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">643</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(1,399</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>59,547</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>112,306</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>76,437</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>248,290</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Increase/(decrease) in cash and cash equivalents</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>64,770</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>9,593</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(14,638</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>59,725</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash and cash equivalents, beginning of year</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>33,769</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>67,492</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>86,570</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>187,831</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash and cash equivalents, end of year</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>98,539</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>77,085</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>71,932</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>Non Vested as of December&#160;31, 2014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,997,344</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:17px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="5" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:89px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Charter-in vessels in&#160;operation</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:66px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">29,038</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:74px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:305px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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"><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:66px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>86,512</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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"><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:305px;height:4px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:62px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> </tr> <tr> <td style="width:305px;"></td> <td style="width:29px;"></td> <td style="width:26px;"></td> <td style="width:62px;"></td> <td style="width:16px;"></td> <td style="width:11px;"></td> <td style="width:31px;"></td> <td style="width:66px;"></td> <td style="width:8px;"></td> <td style="width:22px;"></td> <td style="width:11px;"></td> <td style="width:74px;"></td> <td style="width:10px;"></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Charter hire expense for Navios Holdings chartered-in vessels amounted to $84,114, $134,364 and $111,386, for each of the years ended December&#160;31, 2016, 2015 and 2014, respectively. 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:58px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:324px;height:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:81px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Dry bulk&#160;</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>vessels</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:79px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Logistics</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;business</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;2017</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">30,093</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">76,641</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">52,569</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;2022 and thereafter</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:30px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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The lease agreements provide for the leasing of facilities located in Piraeus, Greece to house the operations of most of the Company's subsidiaries. The total annual lease payments are in aggregate &#128;943 (approximately $1,044) and the lease agreements expire in 2017 and 2019. These payments are subject to annual adjustments, which are based on the inflation rate prevailing in Greece as reported by the Greek State at the end of each year.</font></div> <div style="margin-top:9.0px;text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Purchase of services:</b> The Company utilizes its affiliate company, Acropolis, as a broker. Commissions charged from Acropolis for each of the years ended December 31, 2016, 2015 and 2014 were $0, $6 and $2, respectively. 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On February 11, 2015, the Company and Navios Partners entered into a novation agreement whereby the rights to the time charter contract of the Navios Aldebaran and the Navios Prosperity were transferred to Navios Holdings on February 28 and March 5, 2015, respectively.</font></div> <div style="margin-top:9.0px;text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">In 2012 and 2013, the Company entered into various charters with Navios Partners for the Navios Apollon, Navios Libra, Navios Felicity and Navios Hope. In April 2015, these charters were further extended for approximately one year at a net daily rate of $12.5, $12.0, $12.0, $10.0 plus 50/50 profit sharing based on actual earnings at the end of the period.</font></div> <div style="margin-top:9.0px;text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">In 2015, the Company entered into various charters with Navios Partners for the Navios Gemini, Navios Hyperion, Navios Soleil, Navios Harmony, Navios Orbiter, Navios Fantastiks, Navios Alegria, Navios Pollux and Navios Sun. 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In February 2016, the Company further amended its existing management agreement to fix the fees for ship management services of its owned fleet at: (i) $4.1 daily rate per Ultra-Handymax vessel; (ii) $4.2 daily rate per Panamax vessel; (iii) $5.25 daily rate per Capesize vessel; (iv) $6.7 daily rate per container vessel of TEU 6,800; (v) $7.4 daily rate per container vessel of more than TEU 8,000; and (vi) $8.75 daily rate per very large container vessel of more than TEU 13,000 through December 31, 2017. Drydocking expenses under this agreement will be reimbursed by Navios Partners at cost at occurrence. 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">4,947</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:251px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Interest expense and finance cost</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(89,399</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(24,240</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(113,639</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:251px;height:12px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Depreciation and amortization</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(87,197</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(26,628</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(113,825</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:251px;height:8px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Equity/ (loss) in net earnings of affiliated companies</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(202,779</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(202,779</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;&#160;</font></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:251px;height:17px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Net (loss)/ income attributable to Navios Holdings common stockholders</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(310,306</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">6,483</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(303,823</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:251px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Total assets</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,083,526</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">669,369</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,752,895</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:251px;height:12px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">104,096</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">(60,420</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(91,173</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:103px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Logistics&#160;Business</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;for the</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;Year&#160;Ended</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">229,772</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">569</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(86,069</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(27,082</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(113,151</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Depreciation and amortization</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(92,341</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(27,969</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(120,310</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:8px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Equity in net earnings of affiliated companies</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">61,484</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">61,484</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:17px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Net (loss)/ income attributable to Navios Holdings common stockholders</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(148,306</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Total assets</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,359,299</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">599,514</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,958,813</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">104,096</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(34,921</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Investment in affiliates</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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"><b>Logistics&#160;Business</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;for the</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;Year&#160;Ended</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;2014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:96px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;for the</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;Year Ended</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;2014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">14,300</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">14,300</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Interest income</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,224</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">291</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,515</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Interest expense and finance cost</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(85,823</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(27,837</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">(79,603</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(25,087</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(104,690</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:8px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Equity in net earnings of affiliated companies</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">57,751</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">57,751</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:17px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Net loss attributable to Navios Holdings common stockholders</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(45,541</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(10,662</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(56,203</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Total assets</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,525,103</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">56,240</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(91,658</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(237,498</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Investment in affiliates</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">344,453</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">71,931</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,564</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:25px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Long-term debt, net (including current and noncurrent portion)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,246,181</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:271px;height:29px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:77px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Year ended</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">275,327</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:271px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Other</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">(16,202</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:28px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:11px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:73px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(10,773</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:354px;height:14px;"><div style="margin-left: 15.1px;text-indent:-14.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Tender Offer -&#160;Redemption of preferred stock Series G and H including $5,063 of undeclared preferred dividend cancelled</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:73px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">46,627</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:10px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:73px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:28px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:73px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:354px;height:24px;background-color:#cceeff"><div style="margin-left: 15.1px;text-indent:-14.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Loss available to Navios Holdings common stockholders, basic and diluted</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:73px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(273,105</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:73px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(150,314</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:28px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:73px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(66,976</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:354px;height:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:73px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:73px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:28px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:73px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:354px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:113px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:125px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:124px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:354px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Denominator:</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:28px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:354px;height:29px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Denominator for basic and diluted net loss per share attributable to Navios Holdings stockholders &#151;&#160;adjusted weighted shares </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:73px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">107,366,783</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:73px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">105,896,235</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:28px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:73px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">103,476,614</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:354px;height:24px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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Among other things, in order to qualify for this exemption, each relevant company must be incorporated in a country outside the United States which grants an &#147;equivalent exemption&#148; from income taxes to U.S. corporations. 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">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(25,295</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">29,187</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Other income/ (expense), net</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">75</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">5,206</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(55,152</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">40,384</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Equity/ (loss) in net earnings of affiliated companies</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">3,138</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:3px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:65px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(1,053</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(202,779</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)&#160;</font></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Loss before taxes</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(303,823</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(45,531</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:3px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:65px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>10,086</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">40,384</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(298,884</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Income tax benefit/ (expense)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(283</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:3px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:65px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(982</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(1,265</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net loss</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(303,823 </b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(45,814</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:3px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:65px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>9,104</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">40,384</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(300,149</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Less: Net income attributable to the noncontrolling interest</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:3px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:65px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(3,674</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(3,674</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net loss attributable to Navios Holdings common stockholders</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(303,823 </b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(45,814</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:3px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:65px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>5,430</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">40,384</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;(303,823</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:280px;height:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:2px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Other Comprehensive income</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:65px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Unrealized holding loss on investments in available-for-sale securities</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;text-align:right"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;"><div style="text-indent:0.0px;text-align:right"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:65px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;text-align:right"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Reclassification to earnings </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">345</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">345</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:58px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(345</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">345</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total other comprehensive income</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>445</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>445</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(445</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>445</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total comprehensive loss</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(303,378</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(45,369</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>9,104</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>39,939</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(299,704</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:3px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Comprehensive (income)/loss attributable to noncontrolling interest</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(3,674</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(3,674</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total comprehensive loss attributable to Navios Holdings common stockholders</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(303,378</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(45,369</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:58px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>5,430</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>39,939</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(303,378</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:20px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">Administrative fee revenue from affiliates</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">16,177</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">16,177</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Time charter, voyage and logistics business expenses</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(177,507</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(70,375</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(247,882</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Direct vessel expenses</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(46,142</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(82,026</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(128,168</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">General and administrative expenses incurred on behalf of affiliates</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(16,177</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(16,177</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">General and administrative expenses</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(7,435</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(12,740</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(34,183</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Depreciation and amortization</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(2,769</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(89,572</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(26,513</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(83,188</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(126,204</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>18,687</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(190,705</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Loss from subsidiaries</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(105,102</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">14,194</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Equity in net earnings of affiliated companies</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">5,326</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">1,980</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">61,484</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Loss before taxes</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(134,112</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(106,684</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>90,908</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">3,154</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net loss</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(134,112</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(107,081</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>24,218</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>90,908</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(126,067</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Less: Net income attributable to the noncontrolling interest</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(8,045</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(8,045</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net loss attributable to Navios Holdings common stockholders</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(134,112</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(107,081</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>16,173</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>90,908</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(134,112</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:280px;height:4px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Other Comprehensive income</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Unrealized holding loss on investments in available-for-sale securities</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(1,649</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(1,649</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">1,649</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(1,649</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Reclassification to earnings </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">1,782</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">1,782</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(1,782</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">1,782</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total other comprehensive income</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>133</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>133</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(133</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>133</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:3px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total comprehensive loss</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(133,979</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(106,948</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>24,218</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>90,775</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(125,934</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Comprehensive (income)/loss attributable to noncontrolling interest</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(8,045</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(8,045</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total comprehensive loss attributable to Navios Holdings common stockholders</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(133,979</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(106,948</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>16,173</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>90,775</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(133,979</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:280px;height:4px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:42px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> </table> <div align="center"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div> <div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">569,016</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">14,300</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">14,300</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Time charter, voyage and logistics business expenses</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(157,640</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(105,664</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(263,304</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Direct vessel expenses</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(52,039</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(78,025</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(130,064</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">(14,300</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(14,300</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(20,483</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Depreciation and amortization</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(2,811</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(76,792</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(25,087</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(104,690</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Interest expense and finance cost, net</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(73,272</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(7,327</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(27,546</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(27,281</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(27,281</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Other income/(expense), net</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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border-bottom:solid #000000 1.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(7,388</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(9,673</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Loss before equity in net earnings of affiliated companies</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(86,354</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(16,396</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(16,981</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(119,731</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Loss from subsidiaries</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(17,418</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(10,662</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">28,080</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Equity in net earnings of affiliated companies</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">47,569</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">6,555</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">3,627</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">57,751</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Loss before taxes</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(56,203</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(20,503</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(13,354</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>28,080</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(61,980</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Income tax (expense)/benefit</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(360</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">276</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(84</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net loss</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(56,203</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(20,863</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(13,078</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>28,080</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(62,064</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Less: Net (income)/loss attributable to the noncontrolling interest</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(182</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">6,043</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">5,861</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net loss attributable to Navios Holdings common stockholders</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(56,203</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(21,045</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(7,035</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>28,080</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(56,203</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:273px;height:4px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:44px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:51px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Other Comprehensive loss</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Unrealized holding loss on investments in available-for-sale securities</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(959</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(959</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">959</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(959</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Reclassification to earnings</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">11,553</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">11,553</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(11,553</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">11,553</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total other comprehensive income</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>10,594</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>10,594</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(10,594</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>10,594</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:273px;height:4px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total comprehensive loss</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(45,609</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(10,269</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(13,078</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>17,486</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(51,470</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Comprehensive (income)/loss attributable to noncontrolling interest</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(182</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">6,043</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">5,861</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total comprehensive loss attributable to Navios Holdings common stockholders</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(45,609</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(10,451</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(7,035</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> </tr> <tr> <td style="width:273px;"></td> <td style="width:14px;"></td> <td style="width:27px;"></td> <td style="width:46px;"></td> <td style="width:9px;"></td> <td style="width:13px;"></td> <td style="width:25px;"></td> <td style="width:43px;"></td> <td style="width:9px;"></td> <td style="width:13px;"></td> <td style="width:31px;"></td> <td style="width:44px;"></td> <td style="width:9px;"></td> <td style="width:13px;"></td> <td style="width:26px;"></td> <td style="width:46px;"></td> <td style="width:9px;"></td> <td style="width:13px;"></td> <td style="width:11px;"></td> <td style="width:51px;"></td> <td style="width:9px;"></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:282px;height:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Balance Sheet as of December 31, 2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:73px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Guarantor</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;Subsidiaries</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:86px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:66px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Cash and cash equivalents</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">15,875</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">39,778</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">17,607</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>18,237</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>136,301</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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border-bottom:solid #000000 0.0px;width:50px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:33px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:53px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">136,891</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:20px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:60px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">409,489</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,803,360</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>747,453</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(1,934,072</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>2,479,755</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total assets</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,881,251</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,939,661</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>940,273</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(2,008,290</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>2,752,895</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:282px;height:4px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:53px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:60px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:54px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>LIABILITIES AND STOCKHOLDERS' EQUITY</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:53px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:60px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:54px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Current liabilities</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:53px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:60px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:54px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Accounts payable</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">892</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:60px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">85,538</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">32,847</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">2,639</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">2,639</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Current portion of long-term debt</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">14,978</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Long-term payable to affiliate company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">11,526</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>311,640</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>508,956</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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"><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>678,287</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,628,021</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>306,051</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;"><div style="text-align:right;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(1,934,072</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>678,287</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>940,273</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; 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">&#160;&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Guarantor</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;Subsidiaries</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="4" style=" border-left:solid #000000 0.0px; 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border-bottom:solid #000000 1.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">12,002</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>182,473</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>194,179</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(123,041</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>302,959</b></font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Deposits for vessels, port terminals and other fixed assets</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:50px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">29,695</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:33px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:53px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">44,254</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:20px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:60px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:54px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">73,949</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Vessels, port terminals and other fixed assets, net</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">1,396,101</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">1,823,961</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Investments in subsidiaries</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">1,636,433</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">310,793</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total non-current assets</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>2,080,023</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,820,351</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>677,639</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(1,922,159</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>2,655,854</b></font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total assets</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>2,129,371</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>2,002,824</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>871,818</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(2,045,200</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:53px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:60px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:54px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" colspan="3" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:60px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#151;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">69</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>141,297</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>51,952</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(123,041</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>226,856</b></font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Long-term debt, net of current portion</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">983,763</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">213,102</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">367,499</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:60px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">1,564,364</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Capital lease obligations, net of current portion</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">17,720</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">17,720</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Unfavorable lease terms</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">7,526</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:60px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">7,526</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">1,518</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">Deferred tax liability</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">10,917</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>239,988</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>397,654</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,621,405</b></font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>449,606</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(123,041</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,848,261</b></font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Noncontrolling interest</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">121,592</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">121,592</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total Navios Holdings stockholders' equity</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>988,960</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>1,621,539</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:53px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>300,620</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:60px;background-color:#cceeff"><div style="text-align:right;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(1,922,159</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>988,960</b></font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:282px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:50px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>2,002,824</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:33px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:53px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>871,818</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:60px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(2,045,200</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:54px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>2,958,813</b></font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:282px;height:4px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net cash (used in)/provided by operating activities</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; 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"><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>78,830</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>18,979</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>36,920</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash flows from investing activities</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Acquisition of investments in affiliates</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160; </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(4,275</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160; </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(4,275</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Loan to affiliate company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160; </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>Net cash provided by/(used in) in investing activities</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;<b> </b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Transfer (to)/from other group subsidiaries</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">38,667</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Decrease in restricted cash</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>Net cash used in financing activities</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>42,612</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(12,256</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>86,225</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Increase/(decrease) in cash and cash equivalents</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(18,277</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>7,182</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(16,325</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(27,420</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>47,753</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>81,507</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>163,412</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash and cash equivalents, end of year</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>15,875</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>54,935</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:63px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>65,182</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:32px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>43,478</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash flows from investing activities</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Acquisition of investments in affiliates</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(14,668&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(6,650</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(1,528</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(22,846</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Loan to affiliate company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(7,327</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(7,327</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Decrease in long-term receivable from affiliate companies</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">(7,555</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(19,158</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(36,499</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(6,800</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Payments of obligations under capital leases</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(1,501</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net cash used in financing activities</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(18,419</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(65,862</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(6,842</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(91,123</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Increase/(decrease) in cash and cash equivalents</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(64,387</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(29,332</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>9,575</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(84,144</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash and cash equivalents, beginning of year</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>98,539</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>77,085</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>71,932</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>247,556</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash and cash equivalents, end of year</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>34,152</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>163,412</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:307px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:56px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:44px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:68px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:68px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:70px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:57px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:70px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:57px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Guarantor</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:57px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash flow statement for the year ended December&#160;31, 2014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:84px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Issuer</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Subsidiaries</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Subsidiaries</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:70px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Eliminations</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:57px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net cash (used in)/provided by operating activities</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(9,357</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>52,664</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>13,016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>56,323</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:307px;height:3px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:56px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:44px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:4px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash flows from investing activities</b></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:27px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:44px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Acquisition of investments in affiliates</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(123,541</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(123,541</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Purchase of property, equipment and other fixed assets</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(68,433</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(155,377</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:44px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">69,731</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">2,237</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Issuance of common stock</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">643</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">643</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Net proceeds from issuance of preferred stock</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">163,602</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Proceeds from long-term loans, net of debt issuance costs</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>76,437</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>9,593</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(14,638</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>59,725</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash and cash equivalents, beginning of year</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>33,769</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>67,492</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>86,570</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>187,831</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Cash and cash equivalents, end of year</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>98,539</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>77,085</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>71,932</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:44px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><i><b>Navios Holdings borrowings</b></i></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:86px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>&#160;2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; 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">&#151;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:294px;height:13px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">Other long-term loans</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">321</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:67px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">390</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:294px;height:13px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">Total Navios Logistics borrowings</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">434,768</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">375,390</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:294px;height:4px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:56px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:67px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:294px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:166px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="6" style=" border:solid #000000 0.0px;width:110px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:294px;height:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><i><b>Total</b></i></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:89px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>&#160;2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:99px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>&#160;2015</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:294px;height:13px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">Total borrowings</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">1,675,415</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:57px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">1,608,526</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:294px;height:13px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">Less: current portion, net</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; 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border-bottom:solid #000000 1.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">(24,320</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">)&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:57px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">(27,218</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:19px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:294px;height:13px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>Total long-term borrowings</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>1,621,268</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">&#160;</font></div></td> </tr> <tr> <td style="width:294px;"></td> <td style="width:50px;"></td> <td style="width:32px;"></td> <td style="width:56px;"></td> <td style="width:26px;"></td> <td style="width:2px;"></td> <td style="width:32px;"></td> <td style="width:57px;"></td> <td style="width:9px;"></td> <td style="width:8px;"></td> <td style="width:1px;"></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Navios Holdings loans</b></i></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i>&#160;</i></font></div> <div style="margin-top:4.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i>Senior Notes</i></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i>&#160;</i></font></div> <div style="margin-bottom:12.0px;text-indent:48.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">On January 28, 2011, the Company and its wholly owned subsidiary, Navios Maritime Finance II (US) Inc. (together with the Company, the &#147;2019 Co-Issuers&#148;) completed the sale of $350,000 of 8.125% Senior Notes due 2019 (the &#147;2019<b> </b>Notes&#148;). During July, August and October 2016, the Company repurchased $58,906 of its 2019 Notes for a cash consideration of $30,671 resulting in a gain on bond extinguishment of $27,670, net of deferred fees written-off.</font></div> <div style="margin-top:4.0px;text-indent:48.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The 2019 Notes are fully and unconditionally guaranteed, jointly and<b> </b>severally and on an unsecured senior basis, by all of the Company's subsidiaries, other than Navios Maritime Finance II (US) Inc.,<b> </b>Navios Maritime Finance (US) Inc., Navios Logistics and its subsidiaries and<b> </b>Navios GP L.L.C. The subsidiary guarantees are &#147;full and unconditional&#148;, except<b> </b>that the indenture provides for an individual subsidiary's guarantee to be automatically released in certain customary circumstances,<b> </b>such as when a subsidiary is sold or all of the assets of the subsidiary are sold, the capital stock is sold, when the subsidiary is<b> </b>designated as an &#147;unrestricted subsidiary&#148; for purposes of the indenture, upon liquidation or dissolution of the subsidiary or upon legal<b> </b>or covenant defeasance or satisfaction and discharge of the 2019 Notes. The 2019 Co-Issuers have the option to redeem the 2019 Notes<b> </b>in whole or in part, at a fixed price of 104.063% of the<b> </b>principal amount, which price declines ratably until it reaches par in February 2017, plus accrued and unpaid interest, if any. In addition, upon the occurrence of certain change of control events, the holders of the 2019 Notes will have the right to require the 2019 Co-Issuers to repurchase some or all of the 2019 Notes at 101% of their face amount, plus accrued and unpaid interest to the repurchase date.</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The 2019 Notes contain covenants which, among other things, limit the incurrence of additional indebtedness, issuance of certain preferred stock, the payment of dividends, redemption or repurchase of capital stock or making restricted payments and investments, creation of certain liens, transfer or sale of assets, entering in transactions with affiliates, merging or consolidating or selling all or substantially all of the 2019 Co-Issuers' properties and assets and creation or designation of restricted subsidiaries. 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The net proceeds of the offering of the 2022 Notes have been used: (i) to repay, in full, $488,000 of first priority ship mortgage notes due on November 1, 2017, issued by the Company and its wholly-owned subsidiary, Navios Maritime Finance (US) Inc. in November 2009 and July 2012; and (ii) to repay in full indebtedness relating to six vessels added as collateral under the 2022 Notes. The remainder has been used for general corporate purposes. </font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The 2022 Notes are senior obligations of Navios Holdings and Navios Maritime Finance II (US) Inc. (the &#147;2022 Co- Issuers&#148;) and are secured by first priority ship mortgages on 23 dry bulk vessels owned by certain subsidiary guarantors and certain other associated property and contract rights. The 2022 Notes are unregistered and fully and unconditionally guaranteed, jointly and severally by all of the Company's direct and indirect subsidiaries that guarantee the 2019 Notes and Navios Maritime Finance II (US) Inc. The guarantees of the Company's subsidiaries that own mortgaged vessels are senior secured guarantees and the guarantees of the Company's subsidiaries that do not own mortgaged vessels are senior unsecured guarantees. In addition, the 2022 Co-Issuers have the option to redeem the 2022 Notes in whole or in part, at any time on or after January 15, 2017, at a fixed price of 105.531%, which price declines ratably until it reaches par in 2020.</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Furthermore, upon occurrence of certain change of control events, the holders of the 2022 Notes may require the 2022 Co-Issuers to repurchase some or all of the notes at 101% of their face amount. The 2022 Notes contain covenants, which among other things, limit the incurrence of additional indebtedness, issuance of certain preferred stock, the payment of dividends, redemption or repurchase of capital stock or making restricted payments and investments, creation of certain liens, transfer or sale of assets, entering into certain transactions with affiliates, merging or consolidating or selling all or substantially all of the 2022 Co-Issuers' properties and assets and creation or designation of restricted subsidiaries. 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As of December&#160;31, 2016, the outstanding amount under the loan facility was repayable in 9 semi-annual equal installments of $1,206 with a final balloon payment of $8,030 on the last payment date. The loan bears interest at a rate of LIBOR plus 275 basis points. The loan facility requires compliance with certain financial covenants. In December 2015, Navios Azimuth was added as collateral to the Navios Asia facility. As of December&#160;31, 2016, the outstanding amount under this facility was $18,880.</font></div> <div style="text-indent:48.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:48.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">In August 2011, Navios Holdings entered into a facility agreement with Emporiki Bank of Greece for an amount of up to $23,000 in order to partially finance the construction of one newbuilding bulk carrier. As of December&#160;31, 2016, the facility is repayable in 11 semi-annual equal installments of $681, with a final balloon payment of $7,264 on the last payment date. The loan bears interest at a rate of LIBOR plus 275 basis points. The loan facility requires compliance with certain covenants. As of December&#160;31, 2016, the outstanding amount under this facility was $14,755.</font></div> <div style="text-indent:48.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:48.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">In December 2011, Navios Holdings entered into a facility agreement with Emporiki Bank of Greece for an amount of up to $23,000 in order to partially finance the construction of one newbuilding bulk carrier. As of December&#160;31, 2016, the outstanding amount under the loan facility was repayable in 11 semi-annual equal installments of $700 after the drawdown date, with a final balloon payment of $7,450 on the last payment date. The loan bears interest at a rate of LIBOR plus 325 basis points. The loan facility requires compliance with certain covenants. As of December&#160;31, 2016, the outstanding amount under this facility was $15,150.</font></div> <div style="text-indent:48.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:48.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">On December&#160;20, 2013, Navios Asia entered into a facility with Credit Agricole Corporate and Investment Bank for an amount of up to $22,500 in two equal tranches, in order to finance the acquisition of the N Amalthia, which was delivered in October 2013, and the N Bonanza, which was delivered in January 2014. The two tranches bear interest at a rate of LIBOR plus 300 basis points. The two tranches are repayable in four and five equal semi-annual installments of $563, respectively, with a final balloon payment of $5,625 on the last repayment date for each tranche respectively. The loan facility requires compliance with certain financial covenants. As of December&#160;31, 2016, the outstanding amount of the loan was $16,313.<i> </i></font></div> <div style="text-indent:48.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i>&#160;</i></font></div> <div style="text-indent:48.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i>Commerzbank Facility:</i> In June 2009, Navios Holdings entered into a facility agreement for an amount of up to $240,000 (divided into four tranches of $60,000) with Commerzbank AG in order to partially finance the acquisition of a Capesize vessel and the construction of three Capesize vessels. Following the delivery of two Capesize vessels, Navios Holdings cancelled two of the four tranches and in October 2010 fully repaid their outstanding loan balances of $53,600 and $54,500, respectively. During October 2016, the Company fully prepaid the third tranche of the facility, which had an outstanding balance of $15,319, using $13,802 of cash, thus achieving a $1,517 benefit to nominal value. As of December&#160;31, 2016, the fourth tranche of the facility is repayable in 16 quarterly installments of $835, with a final balloon payment of $6,495 on the last payment date. The loan bears interest at a rate based on a margin of 225 basis points. The loan facility requires compliance with certain covenants. As of December&#160;31, 2016, the outstanding amount was $19,857.</font></div> <div style="text-indent:48.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:48.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i>DVB Bank SE Facilities:</i> On March&#160;23, 2012, Navios Holdings entered into a facility agreement with a syndicate of banks led by DVB Bank SE for an amount of up to $42,000 in two tranches: (i)&#160;the first tranche is for an amount of up to $26,000 in order to finance the acquisition of Navios Serenity; and (ii)&#160;the second tranche is for an amount of up to $16,000 to refinance the Navios Astra loan facility with Cyprus Popular Bank Public Co. Ltd. The two tranches bear interest at a rate of LIBOR plus 285 and 360 basis points, respectively. On June 27, 2014, Navios Holdings refinanced the existing facility, entering into a new tranche for an amount of $30,000 in order to finance the acquisition of the Navios Gem, which was delivered in June 2014. The new tranche bears interest at a rate of LIBOR plus 275 basis points. As of December&#160;31, 2016, the first tranche is repayable in 13 quarterly installments of $362, with a final balloon payment of $14,400 on the last repayment date, the second tranche is repayable in 14 quarterly installments of $269, with a final balloon payment of $6,354 on the last repayment date and the third tranche is repayable in 14 quarterly installments of $469, with a final balloon payment of $18,750 on the last repayment date. The loan facility requires compliance with certain financial covenants. 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As of December&#160;31, 2016, the outstanding amount was $28,000.</font></div> <div style="text-indent:48.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:48.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">In January 2016, Navios Holdings entered into a facility agreement with DVB Bank SE for an amount of up to $41,000 to be drawn in two tranches, to finance the acquisition of Navios Mars and Navios Sphera. The facility bears interest at a rate of LIBOR plus 255 basis points. The total amount drawn under the facility was $39,900. The first tranche is repayable in five quarterly installments of $492 each, followed by 16 quarterly installments of $369 each, and a final balloon payment of $14,760 on the last payment day. 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The credit facilities also require the vessels to comply with the ISM Code and ISPS Code and to maintain valid safety management certificates and documents of compliance at all times. Additionally, the credit facilities require compliance with the covenants contained in the indentures governing the 2019 Notes and the 2022 Notes. Among other events, it will be an event of default under the credit facilities if the financial covenants are not complied with or if Angeliki Frangou and her affiliates, together, own less than 20% of the outstanding share capital of Navios Holdings.</font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The majority of the Company's senior secured credit facilities require compliance with maintenance covenants, including (i) value-to-loan ratio covenants, based on either charter-adjusted valuations, or charter-free valuations, ranging from over 110% to 130%, (ii) minimum liquidity up to a maximum of $40,000, and (iii) net total debt divided by total assets, as defined in each senior secured credit facility, ranging from a maximum of 75% to 80%. Certain covenants in our senior secured credit facilities have been waived for a specific period of time up ranging from a minimum of two quarters to a maximum of three quarters (from the current balance sheet date) and/or amended to include (i) value-to-loan ratio covenants, based on either charter-adjusted valuations, or charter-free valuations, ranging from over 90% to 130%, and (ii) net total debt divided by total assets, as defined in each senior secured credit facility, ranging from a maximum of 80% to 90%.</font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">As of December 31, 2016, the Company was in compliance with all of the covenants under each of its credit facilities.</font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i>Navios Acquisition Loan</i></font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i>&#160;</i></font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">On September 19, 2016, Navios Holdings entered into a secured credit facility of up to $70,000 with Navios Acquisition. 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On March 12, 2013, the Logistics Co-Issuers issued $90,000 in aggregate principal amount of 9.25% Logistics Senior Notes due 2019 (the &#147;Additional 2019 Logistics Senior Notes&#148;, and together with the Existing 2019 Logistics Senior Notes, the &#147;2019 Logistics Senior Notes&#148;) at a premium, with a price of 103.750%. </font></div> <div style="margin-top:19.0px;text-indent:48.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">On May 5, 2014, the Logistics Co-Issuers completed a cash tender offer (the &#147;Tender Offer&#148;) and related solicitation of consents for certain proposed amendments to the indenture governing the 2019 Logistics Senior Notes, for any and all of their outstanding 2019 Logistics Senior Notes. 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border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:57px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Navios</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>&#160;Acquisition</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:2px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; 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">&#160;</font></div></td> <td valign="bottom" colspan="6" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:38px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Navios</b></font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Europe I</b></font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;"><div style="text-align:center;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Navios</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>&#160;Europe II</b></font></div></td> <td valign="bottom" colspan="4" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:112px;height:14px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-9.3px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">Cash and cash equivalents, including restricted cash</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">25,088</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:2px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">56,658</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:2px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">720</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:39px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">10,785</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">16,916</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:2px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">34,539</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:2px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">61,645</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:2px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">668</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:2px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" colspan="6" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">11,839</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">17,366</font></div></td> <td valign="top" colspan="4" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:112px;height:14px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-9.3px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">Current assets</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">56,349</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:2px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">107,282</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:2px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">986</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; 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">223,676</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">313,396</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="5" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">1,760</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:29px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">41,437</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="4" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">20,767</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="4" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">227,356</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">264,877</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">2,825</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">35,119</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:64px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-9.3px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">Net income/ (loss) before non-cash change in fair value of Junior Loan I and Junior Loan II</font></div></td> <td valign="top" colspan="5" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:3px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">(52,549</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">)&#160;</font></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">59,715</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">157</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="5" style=" border:solid #000000 0.0px;width:4px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">(2,174</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="4" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">(25,062</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="4" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">41,805</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">84,796</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="5" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">244</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:29px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">(1,347</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">)&#160;&#160;</font></td> <td valign="bottom" colspan="4" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">1,673</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="4" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">74,853</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; 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">(52,549</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">)&#160;&#160;</font></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">59,715</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:8px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; 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">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:36px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">(34,059</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="4" style=" border:solid #000000 0.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">41,805</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">84,796</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="5" style=" border:solid #000000 0.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">244</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:7px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:29px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">(1,118</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; 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"><b>NOTE 7: INTANGIBLE ASSETS/LIABILITIES OTHER THAN GOODWILL</b></font></div> <div style="margin-bottom:10.0px;line-height:1.15;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div> <div style="margin-top:6.0px;text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Net Book Value of Intangible Assets/Liabilities other than Goodwill as at December&#160;31, 2016</b></font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:188px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:52px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>126,815</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Unfavorable lease terms(**)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(24,721</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">24,721</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:36px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>246,826</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(73,795</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:39px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:52px;background-color:#cceeff"><div style="text-align:right;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(46,216</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:36px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>126,815</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:188px;height:4px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Net Book Value of Intangible Assets/Liabilities other than Goodwill as at December&#160;31, 2015</b></font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:188px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="3" style=" border:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="3" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="3" style=" border:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:188px;height:29px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="5" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:76px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Acquisition</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;Cost</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="5" style=" border-left:solid #000000 0.0px; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">43,696</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" colspan="2" style=" border:solid #000000 0.0px;width:188px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Customer relationships</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>150,457</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" colspan="2" style=" border:solid #000000 0.0px;width:188px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Unfavorable lease terms(**)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(56,419</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">17,195</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">31,698</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:36px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(7,526</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" colspan="2" style=" border:solid #000000 0.0px;width:188px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>290,822</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(103,895</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:36px;height:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(*)</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(**)</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="top" colspan="31" style=" border:solid #000000 0.0px;width:691px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>24,420</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Year&#160;Four</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:58px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:161px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Trade name</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">3,853</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,811</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,811</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,818</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,811</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">44,013</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">59,117</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:161px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Favorable lease terms</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">641</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">641</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">641</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">641</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">641</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">804</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">4,009</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:161px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Port terminal operating rights</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">895</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">990</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">990</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">990</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">990</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">38,135</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">42,990</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:161px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Customer relationships</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:38px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,775</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:38px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,775</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:38px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,775</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:38px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,775</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:36px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,775</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">10,644</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">19,519</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:161px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total amortization</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>7,164</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>6,217</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>6,217</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:24px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>6,224</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>6,217</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>93,596</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>125,635</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:161px;height:4px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:38px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:38px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:38px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:38px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>NOTE 6: VESSELS, PORT TERMINALS AND OTHER FIXED ASSETS, NET</b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style=" margin-left: 45.3px;pt;border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:361px;height:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Vessels</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Cost</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:83px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Accumulated</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Depreciation</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:71px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Net Book</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Value</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:361px;height:13px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2013</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,717,599</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(308,461</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,409,138</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:361px;height:13px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">123,541</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(68,333</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">55,208</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:361px;height:13px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,841,140</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(376,794</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,464,346</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:361px;height:13px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(70,894</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(70,894</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:361px;height:13px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,841,140</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(447,688</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,393,452</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:361px;height:13px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">60,115</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(73,847</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(13,732</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:361px;height:13px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Transfers</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">29,695</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:15px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">29,695</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:361px;height:13px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,930,950</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(521,535</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,409,415</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td style="width:361px;"></td> <td style="width:20px;"></td> <td style="width:11px;"></td> <td style="width:56px;"></td> <td style="width:10px;"></td> <td style="width:19px;"></td> <td style="width:32px;"></td> <td style="width:51px;"></td> <td style="width:10px;"></td> <td style="width:19px;"></td> <td style="width:15px;"></td> <td style="width:56px;"></td> <td style="width:10px;"></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:324px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:59px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:52px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:68px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:324px;height:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Port Terminals (Navios Logistics)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:71px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Cost</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:83px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Accumulated</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Depreciation</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:82px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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"><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>103,030</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(17,082</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>85,948</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">3,369</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(3,385</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(16</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>106,399</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(20,467</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>85,932</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,287</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(3,431</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,144</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>108,686</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(23,898</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>84,788</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,051</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(3,493</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,442</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Transfers</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,513</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,513</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>109,224</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(27,391</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>81,833</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:324px;height:4px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:324px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:96px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:107px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:106px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:324px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:96px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:107px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:106px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:324px;height:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Tanker vessels, barges and push boats (Navios Logistics)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:71px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Cost</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:83px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Accumulated</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Depreciation</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:82px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Net Book</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Value</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2013</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>368,626</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(93,782</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(47</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(111,137</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>353,829</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">6,188</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(210</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(210</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>470,944</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(131,144</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>339,800</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">738</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(18,894</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(18,156</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Transfers</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">3,696</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:52px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">3,696</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>475,378</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(150,038</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>325,340</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:324px;height:4px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:324px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:96px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:107px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:106px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:324px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:96px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:107px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:106px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:324px;height:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Other fixed assets</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:71px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:82px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Net Book</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Value</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2013</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>12,700</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(5,173</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">887</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,378</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(491</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:52px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">161</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>13,426</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(6,390</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>7,036</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">443</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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"><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>5,921</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,250</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,475</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">775</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Transfers</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(2,183</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(2,183</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>13,936</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(9,423</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>4,513</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div><div style="text-indent:0.0px;"></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:324px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:96px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:107px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:106px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:324px;height:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:71px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Cost</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:83px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Accumulated</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Depreciation</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:82px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Net Book</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Value</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2013</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>2,201,955</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(424,498</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,777,457</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">224,184</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(90,451</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">133,733</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Write-off</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(208</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">161</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(47</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>2,425,931</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(514,788</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,911,143</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">8,918</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(95,890</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(86,972</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Restructure of capital lease</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(210</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(210</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>2,434,639</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(610,678</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,823,961</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">65,154</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Transfers</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">29,695</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">29,695</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:59px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>2,529,488</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:34px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:309px;height:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:34px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:84px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;2016</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:34px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:81px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;2015</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-bottom:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">8,352</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:34px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:34px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">3,664</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:309px;height:12px;background-color:#ffffff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:316px;height:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:77px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:77px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">Less: provision for doubtful receivables</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(19,437</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(18,278</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:316px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Accounts receivable, net</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>65,829</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>64,813</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Changes to the provisions for doubtful accounts are summarized as follows:</font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:16.0px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:264px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:29px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:42px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:17px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:52px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:18px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:42px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:264px;height:29px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Allowance for doubtful receivables</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:72px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Balance at</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Beginning&#160;of</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Period</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:62px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Charges&#160;to</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Costs and</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Expenses</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:72px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Amount</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Utilized</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-align:center;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:61px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Balance at</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>End of</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Period</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:264px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Year ended December&#160;31, 2014</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(26,457</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(792</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(18,278</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:264px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Year ended December&#160;31, 2016</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">)</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Concentration of credit risk with respect to accounts receivable is limited due to the Company's large number of customers, who are internationally dispersed and have a variety of end markets in which they sell. Due to these factors, management believes that no additional credit risk beyond amounts provided for collection losses is inherent in the Company's trade receivables. 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">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:317px;height:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:77px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:77px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:317px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1&#160;-&#160;12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Rheia Associates Co.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Taharqa Spirit Corp.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:144px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Operating Company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:8px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Rumer Holding Ltd.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:144px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Vessel Owning Company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Pharos Navigation S.A.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:144px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Vessel Owning Company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:8px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Aramis Navigation Inc.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:144px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Vessel Owning Company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:7px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">White Narcissus Marine S.A.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Panama</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:144px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Operating Company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:6px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:24px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Navios Maritime Finance II (US) Inc.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:144px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Operating Company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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On an on-going basis, management evaluates the estimates and judgments, including those related to uncompleted voyages, future drydock dates, the assessment of other-than-temporary impairment related to the carrying value of investments in affiliates, the selection of useful lives for tangible assets, expected future cash flows from long-lived assets to support impairment tests, impairment test for goodwill, provisions necessary for accounts receivables and demurrages, provisions for legal disputes, pension benefits, contingencies and guarantees. Management bases its estimates and judgments on historical experience and on various other factors that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ from those estimates under different assumptions and/or conditions. </font></div><div style="text-indent:0.0px;"></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000;">&#160;</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:8.0px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(d)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:698px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Cash and Cash Equivalents:</b></i> Cash and cash equivalents consist of cash on hand, deposits held on call with banks, and other short-term liquid investments with original maturities of three months or less.</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:8.0px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:53px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(e)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:701px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Restricted Cash:</b></i> As of December&#160;31, 2016 and 2015, restricted cash included $1,896 and $1,890, respectively, which related to amounts held in a retention account in order to service debt and interest payments, and $0 and $11,000, respectively, which related to additional security, as required by certain of Navios Holdings' credit facilities. Also included in restricted cash as of December&#160;31, 2016 and 2015 are amounts held as security in the form of letters of guarantee or letters of credit totaling $590 for both reporting periods. As of December 31, 2016, restricted cash also included $2,900 which related to amounts held in a Navios Logistics' retention as part of the Vale International S.A. (&#147;Vale&#148;) arbitration in New York. 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They are recorded on an accrual basis and represent the claimable expenses, net of applicable deductibles, incurred through December&#160;31 of each reporting period, which are probable to be recovered from insurance companies. Any remaining costs to complete the claims are included in accrued liabilities. 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">Tanker vessels, barges and push boats</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#ccecff"><div style="margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:168px;background-color:#ccecff"><div style="text-align:center;margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">15&#160;to&#160;45&#160;years</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:12px;"><div style="margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Furniture, fixtures and equipment</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">5&#160;years</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:307px;height:12px;"><div style="margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Leasehold improvements</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:168px;"><div style="text-align:center;margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">shorter&#160;of&#160;lease&#160;term&#160;or&#160;6&#160;years</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Management estimates the residual values of the Company's dry bulk vessels based on a scrap value cost of steel times the weight of the ship noted in lightweight tons (&#147;LWT&#148;). Residual values are periodically reviewed and revised to recognize changes in conditions, new regulations or other reasons. Revisions of residual values affect the depreciable amount of the vessels and the depreciation expense in the period of the revision and future periods. Management estimates the residual values of the Company's vessels based on a scrap rate of $340 per LWT after considering current market trends for scrap rates and ten-year average historical scrap rates of the residual values of the Company's vessels. </font></div> <div style="margin-left: 28.4px;margin-top:12.0px;margin-bottom:12.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Management estimates the useful life of its vessels to be 25&#160;years from the vessel's original construction. However, when regulations place limitations on the ability of a vessel to trade on a worldwide basis, its useful life is re-estimated to end at the date such regulations become effective. An increase in the useful life of a vessel or in its residual value would have the effect of decreasing the annual depreciation charge and extending it into later periods. A decrease in the useful life of a vessel or in its residual value would have the effect of increasing the annual depreciation charge.</font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:74px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(i)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:698px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Deposits for Vessels, Port Terminals and Other Fixed Assets:</b></i> This represents amounts paid by the Company in accordance with the terms of the purchase agreements for the construction of vessels, port terminals and other long-lived fixed assets. Deposits for vessels, port terminals and other fixed assets also include pre-delivery expenses. Pre-delivery expenses represent any direct costs to bring the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Interest costs incurred during the construction (until the asset is substantially complete and ready for its intended use) are capitalized. Capitalized interest for the years ended December&#160;31, 2016, 2015 and 2014 amounted to $5,843, $5,154 and $2,334, respectively.</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:8.0px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:62px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(j)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:711px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Assets Held for Sale:</b></i> It is the Company's policy to dispose of vessels and other fixed assets when suitable opportunities occur and not necessarily to keep them until the end of their useful life. The Company classifies assets and disposal groups as being held for sale when the following criteria are met: management has committed to a plan to sell the asset (disposal group); the asset (disposal group) is available for immediate sale in its present condition; an active program to locate a buyer and other actions required to complete the plan to sell the asset (disposal group) have been initiated; the sale of the asset (disposal group) is probable, and transfer of the asset (disposal group) is expected to qualify for recognition as a completed sale within one year; the asset (disposal group) is being actively marketed for sale at a price that is reasonable in relation to its current fair value; and actions required to complete the plan indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. Long-lived assets or disposal groups classified as held for sale are measured at the lower of their carrying amount or fair value less cost to sell. These assets are not depreciated once they meet the criteria to be held for sale. No assets were classified as held for sale in any of the periods presented.</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:-28.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(k)&#160;&#160;&#160;&#160;&#160;&#160;Impairment of Long Lived Assets: </b>Vessels, other fixed assets and other long-lived assets held and used by Navios Holdings are reviewed periodically for potential impairment whenever events or changes in circumstances indicate that the carrying amount of a particular asset may not be fully recoverable. Navios Holdings' management evaluates the carrying amounts and periods over which long-lived assets are depreciated to determine if events or changes in circumstances have occurred that would require modification to their carrying values or useful lives. In evaluating useful lives and carrying values of long-lived assets, certain indicators of potential impairment are reviewed, such as undiscounted projected operating cash flows, vessel sales and purchases, business plans and overall market conditions.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Undiscounted projected net operating cash flows are determined for each asset group and compared to the carrying value of the vessel, the unamortized portion of deferred drydock and special survey costs related to the vessel and the related carrying value of the intangible assets with respect to the time charter agreement attached to that vessel or the carrying value of deposits for newbuildings. Within the shipping industry, vessels are customarily bought and sold with a charter attached. The value of the charter may be favorable or unfavorable when comparing the charter rate to then-current market rates. The loss recognized either on impairment (or on disposition) will reflect the excess of carrying value over fair value (selling price) for the vessel asset group.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">During the fourth quarter of fiscal year 2016, management concluded that events occurred and circumstances had changed, which indicated that potential impairment of Navios Holdings' long-lived assets might exist. These indicators included continued deterioration in the spot market, and the related impact of the current dry bulk sector has on management's expectation for future revenues. As a result, an impairment assessment of long-lived assets (step one) was performed.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The Company determined undiscounted projected net operating cash flows for each vessel and compared it to the vessel's carrying value together with the carrying value of deferred drydock and special survey costs related to the vessel and the carrying value of the related intangible assets, if applicable. The significant factors and assumptions used in the undiscounted projected net operating cash flow analysis included: determining the projected net operating cash flows by considering the charter revenues from existing time charters for the fixed fleet days (the Company's remaining charter agreement rates) and an estimated daily time charter equivalent for the unfixed days (based on a combination of one-year average historical time charter rates and 10-year average historical one-year time charter rates, adjusted for outliers) over the remaining economic life of each vessel, net of brokerage and address commissions excluding days of scheduled off-hires, running cost based on current year actuals, assuming an annual increase of 0.8% after 2017 and a utilization rate of 99.2% based on the fleet's historical performance.</font></div> <div style="margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The assessment concluded that step two of the impairment analysis was not required and no impairment of vessels and the related intangible assets existed as of December&#160;31, 2016, as the undiscounted projected net operating cash flows exceeded the carrying value.</font></div> <div style="margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">In the event that impairment would occur, the fair value of the related asset would be determined and an impairment charge would be recorded to operations calculated by comparing the asset's carrying value to its fair value. 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The costs of drydocking and special surveys are deferred and amortized over the above periods or to the next drydocking or special survey date if such date has been determined. Unamortized drydocking or special survey costs of vessels, barges and push boats sold are written-off to income in the year the vessel, barge or push boat is sold.</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Costs capitalized as part of the drydocking or special survey consist principally of the actual costs incurred at the yard, and expenses relating to spare parts, paints, lubricants and services incurred solely during the drydocking or special survey period. For each of the years ended December&#160;31, 2016, 2015 and 2014, the amortization of deferred drydock and special survey costs was $13,768, $13,340, and $12,263, respectively.</font><font style="font-family:Times New Roman;font-size:8.0px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:49px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(m)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:698px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Deferred Financing Costs:</b></i> Deferred financing costs include fees, commissions and legal expenses associated with obtaining or modifying loan facilities. Deferred financing costs are presented as a deduction from the corresponding liability. These costs are amortized over the life of the related debt using the effective interest rate method, and are included in interest expense. Amortization and write-off of deferred financing costs for each of the years ended December&#160;31, 2016, 2015 and 2014 were $5,653, $4,524 and $4,061, respectively. 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First, the aggregate fair value of the reporting unit is compared to its carrying amount, including goodwill (step one). The Company determines the fair value of the reporting unit based on a combination of the income approach (i.e. discounted cash flows) and market approach (i.e. comparative market multiples) and believes that the combination of these two approaches is the best indicator of fair value for its individual reporting units. If the fair value of a reporting unit exceeds the carrying amount, no impairment exists. If the carrying amount of the reporting unit exceeds the fair value, then the Company must perform the second step (step two) to determine the implied fair value of the reporting unit's goodwill and compare it with its carrying amount. The implied fair value of goodwill is determined by allocating the fair value of the reporting unit to all the assets and liabilities of that reporting unit, as if the reporting unit had been acquired in a business combination and the fair value of the reporting unit was the purchase price. If the carrying amount of the goodwill exceeds the implied fair value, then goodwill impairment is recognized by writing the goodwill down to its implied fair value.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">As of December 31, 2016, the Company performed its impairments test for its reporting units within: the Dry Bulk Vessel Operations and the Logistics Business. During the fourth quarter 2016, the overall shipping market continued to experience significant deteriorating market conditions, especially in the dry bulk sector with sharp declines in freight rates, charter rates and vessel values. Additionally, the Company's market capitalization continued to deteriorate to levels well below the carrying value of its total net assets.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">As of December 31, 2016, the Company performed step one of the impairment test for the Dry Bulk Vessel Operations reporting unit, which is allocated goodwill of $56,240. Step one impairment test revealed that the fair value of the Dry Bulk Vessel Operations reporting unit exceeded the carrying amount of its net assets. 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The future cash flows were determined by considering the charter revenues from existing time charters for the fixed fleet days (the Company's remaining charter agreement rates) and an estimated daily time charter equivalent for the non-fixed days (based on a combination of one-year average historical time charter rates and the 10-year average historical one-year time charter rates adjusted for outliers), which the Company believes is an objective approach for forecasting charter rates over an extended time period for long-lived assets. In addition, a weighted average cost of capital (&#147;WACC&#148;) was used to discount future estimated cash flows to their present values. The WACC was based on externally observable data considering market participants' and the Company's cost of equity and debt, optimal capital structure and risk factors specific to the Company. The market approach estimated the fair value of the Company's business based on comparable publicly-traded companies in its industry. In assessing the fair value, the Company utilized the results of the valuations and considered the range of fair values determined under all methods which indicated that the fair value exceeded the carrying value of net assets.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">As of December 31, 2016, the Company performed step one of the impairment test for the Logistics Business, which is allocated goodwill of $104,096. Step one of the impairment test used the income method and revealed that the fair value exceeded the carrying amount of its net assets. Accordingly, no step two analysis was required. The future cash flows from the Logistics Business were determined principally by combining revenues from existing contracts and estimated revenues based on the historical performance of the segment, including utilization rates and actual storage capacity. The Logistics Business has not been affected by the same deteriorating industry and market conditions as experienced in the Dry Bulk Vessel Operations reporting unit. 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The Company engages in worldwide commerce with a variety of entities. Although its operations may expose it to certain levels of foreign currency risk, its transactions are predominantly U.S. dollar denominated. The Company's subsidiaries in Uruguay, Argentina, Brazil and Paraguay transact a nominal amount of their operations in Uruguayan pesos, Argentinean pesos, Brazilian reales and Paraguayan guaranies, whereas the Company's wholly-owned vessel subsidiaries and the vessel management subsidiaries transact a nominal amount of their operations in Euros; however, all of the subsidiaries' primary cash flows are U.S. dollar denominated. The financial statements of the foreign operations are translated using the exchange rate at the balance sheet date except for property and equipment and equity, which are translated at historical rates. Transactions in currencies other than the functional currency are translated at the exchange rate in effect at the date of each transaction. Differences in exchange rates during the period between the date a transaction denominated in a foreign currency is consummated and the date on which it is either settled or translated, are recognized in the statements of comprehensive (loss)/income. The foreign currency gains/(losses) recognized under the caption &#147;Other income&#148; in the consolidated statements of comprehensive (loss)/income for each of the years ended December&#160;31, 2016, 2015 and 2014, were $1,600, $1,646 and $1,945, respectively.</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:8.0px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:64px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(p)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:700px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Provisions:</b></i> The Company, in the ordinary course of business, is subject to various claims, suits and complaints. Management, in consultation with internal and external advisers, will provide for a contingent loss in the financial statements if the contingency had occurred at the date of the financial statements and the likelihood of loss was probable and the amount can be reasonably estimated. If the Company has determined that the reasonable estimate of the loss is a range and there is no best estimate within the range, the Company will provide for the lower amount within the range. See also Note 13.</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The Company participates in Protection and Indemnity (P&amp;I) insurance plans provided by mutual insurance associations known as P&amp;I clubs. Under the terms of these plans, participants may be required to pay additional premiums (supplementary calls) to fund operating deficits incurred by the clubs (&#147;back calls&#148;). Obligations for back calls are accrued annually based on information provided by the P&amp;I clubs.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Provisions for estimated losses on vessels under time charter are provided for in the period in which such losses are determined. As of December&#160;31, 2016 and 2015, the balance for provision for voyages was $3,129 and $2,157, respectively.</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:8.0px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(q)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:696px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Segment Reporting:</b></i> Operating segments, as defined, are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. 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The Company generates revenue from transportation of cargo, time charter of vessels, port terminal operations, bareboat charters, contracts of affreightment/voyage contracts, demurrages and contracts covering dry or liquid port terminal operations.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Voyage revenues for the transportation of cargo are recognized ratably over the estimated relative transit time of each voyage. A voyage is deemed to commence when a vessel is available for loading and is deemed to end upon the completion of the discharge of the current cargo. Estimated losses on voyages are provided for in full at the time such losses become evident. Under a voyage charter, the Company agrees to provide a vessel for the transportation of specific goods between specific ports in return for payment of an agreed upon freight rate per ton of cargo.</font></div> <div style="margin-left: 28.4px;margin-top:9.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Revenues are recorded net of address commissions. Address commissions represent a discount provided directly to the charterers based on a fixed percentage of the agreed upon charter rate. Since address commissions represent a discount (sales incentive) on services rendered by the Company and no identifiable benefit is received in exchange for the consideration provided to the charterer, these commissions are presented as a reduction of revenue.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Revenue from time chartering and bareboat chartering is earned and recognized on a daily basis as the service is delivered. Revenue from contracts of affreightment (&#147;COA&#148;)/voyage contracts relating to our barges is recognized based upon the percentage of voyage completion. A voyage is deemed to commence upon the departure of the barge after discharge under the previous voyage and is deemed to end upon the completion of discharge under the current voyage. The percentage of voyage completion is based on the days traveled as of the balance sheet date divided by the total days expected for the voyage. The position of the barge at the balance sheet date is determined by the days traveled as of the balance sheet date over the total voyage of the pushboat having the barge in tow. 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A time charter involves placing a vessel at the charterer's disposal for a period of time during which the charterer uses the vessel in return for the payment of a specified daily hire rate. Short period charters for less than three months are referred to as spot-charters. Charters extending three months to a year are generally referred to as medium-term charters. All other charters are considered long-term. Under time charters, operating costs such as for crews, maintenance and insurance are typically paid by the owner of the vessel.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">For vessels operating in pooling arrangements, the Company earns a portion of total revenues generated by the pool, net of expenses incurred by the pool. The amount allocated to each pool participant vessel, including the Company's vessels, is determined in accordance with an agreed-upon formula, which is determined by margins awarded to each vessel in the pool based on the vessel's age, design and other performance characteristics. Revenue under pooling arrangements is accounted for on the accrual basis and is recognized when an agreement with the pool exists, price is fixed, service is provided and the collectability is reasonably assured. Revenue for vessels operating in pooling arrangements amounted to $15,115, $1,825 and $0, for the years ended December 31, 2016, 2015 and 2014, respectively. The allocation of such net revenue may be subject to future adjustments by the pool, however, such changes are not expected to be material.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Revenues from port terminal operations consist of an agreed flat fee per ton and cover the services performed to unload barges (or trucks), transfer the product into silos for temporary storage and then loading the ocean-going vessels. Revenues are recognized upon completion of loading the ocean-going vessels. Additionally, fees are charged for vessel dockage and for storage time in excess of contractually specified terms. Dockage revenues are recognized ratably up to completion of loading. Storage fees are assessed and recognized when the product remains in the silo storage beyond the contractually agreed time allowed. 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Storage fee revenue is recognized ratably over the storage period and ends when the product is loaded onto the trucks.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Recovery of lost revenue under credit default insurance for charterers is accounted for as gain contingency and is recognized when all contingencies are resolved. 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Subsequent to making the matching contributions, the Company has no further obligations. The Company may make an additional discretionary contribution annually if such a contribution is authorized by the Board of Directors. The plan is administered by an independent professional firm that specializes in providing such services. See also Note 12.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Other Post-Retirement Obligations:</b> The Company has a legacy pension arrangement for certain Bahamian, Uruguayan and former Navios Corporation employees. The entitlement to these benefits is only to these former employees. The expected costs of these benefits are accrued each year, using an accounting methodology similar to that for defined benefit pension plans. 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Net (loss)/income attributable to Navios Holdings common stockholders is calculated by adding to (if a discount) or deducting from (if a premium) net (loss)/ income attributable to Navios Holdings common stockholders the difference between the fair value of the consideration paid upon redemption and the carrying value of the preferred stock, including the unamortized issuance costs of the preferred stock, and the amount of any undeclared dividend cancelled. Diluted earnings per share reflect the potential dilution that would occur if securities or other contracts to issue common stock were exercised or converted. Dilution has been computed by the treasury stock method whereby all of the Company's dilutive securities (stock options and warrants) are assumed to be exercised and the proceeds are used to repurchase common shares at the weighted average market price of the Company's common stock during the relevant periods. The incremental shares (the difference between the number of shares assumed issued and the number of shares assumed purchased) are included in the denominator of the diluted earnings per share computation. Restricted share units, restricted stock and restricted stock units (vested and unvested) are included in the calculation of the diluted earnings per share, based on the weighted average number of restricted share units, restricted stock and restricted stock units assumed to be outstanding during the period. Convertible shares are included in the calculation of the diluted earnings per share, based on the weighted average number of convertible shares assumed to be outstanding during the period. 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The effect on future income tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A deferred tax asset is recognized for temporary differences that will result in deductible amounts in future years. 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The recognition of fair value is not required for certain guarantees such as the parent's guarantee of a subsidiary's debt to a third party or guarantees on product warranties. 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The SEC guidance that specifically relates to our consolidated financial statement was from the September 2016 meeting, where the SEC staff expressed their expectations about the extent of disclosures registrants should make about the effects of the new FASB guidance as well as any amendments issued prior to adoption, on revenue (ASU 2014-09), leases (ASU 2016-02) and credit losses on financial instruments (ASU 2016-13) in accordance with SAB Topic 11.M. Registrants are required to disclose the effect that recently issued accounting standards will have on their financial statements when adopted in a future period. In cases where a registrant cannot reasonably estimate the impact of the adoption, then additional qualitative disclosures should be considered. The ASU incorporates these SEC staff views into ASC 250 and adds references to that guidance in the transition paragraphs of each of the three new standards. 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The amendments also eliminate the requirement, for public business entities, to disclose the methods and significant assumptions used to estimate the fair value of financial instruments measured at amortized cost on the balance sheet and clarify that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity's other deferred tax assets. For public business entities, ASU 2016-01 is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. 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(&#147;Navios Logistics&#148;), a consolidated subsidiary of the Company, is one of the largest<i> </i>logistics companies in the Hidrovia region of South America, focusing on the Hidrovia river system, the main navigable river system in the region, and on cabotage trades along the eastern coast of South America. Navios Logistics is focused on providing its customers integrated transportation, storage and related services through its port facilities, its large, versatile fleet of dry and liquid cargo barges and its product tankers. Navios Logistics serves the needs of a number of growing South American industries, including mineral and grain commodity providers as well as users of refined petroleum products. 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Subtopic 610-20, which was issued in May 2014 as a part of ASU 2014-09, &#147;Revenue from Contracts with Customers (Topic 606)&#148;, provides guidance for recognizing gains and losses from the transfer of nonfinancial assets in contracts with noncustomers. The amendments in ASU 2017-05 are effective at the same time as the amendments in ASU 2014-09. Therefore, for public entities, the amendments are effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. Public entities may apply the guidance earlier but only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. 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The SEC guidance that specifically relates to our consolidated financial statement was from the September 2016 meeting, where the SEC staff expressed their expectations about the extent of disclosures registrants should make about the effects of the new FASB guidance as well as any amendments issued prior to adoption, on revenue (ASU 2014-09), leases (ASU 2016-02) and credit losses on financial instruments (ASU 2016-13) in accordance with SAB Topic 11.M. Registrants are required to disclose the effect that recently issued accounting standards will have on their financial statements when adopted in a future period. In cases where a registrant cannot reasonably estimate the impact of the adoption, then additional qualitative disclosures should be considered. The ASU incorporates these SEC staff views into ASC 250 and adds references to that guidance in the transition paragraphs of each of the three new standards. 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The screen requires that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets, the set is not a business. This update is effective for public entities with reporting periods beginning after December 15, 2017, including interim periods within those years. The amendments of this ASU should be applied prospectively on or after the effective date. 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In determining the appropriate levels, the Company performs a detailed analysis of the assets and liabilities that are subject to guidance on Fair Value Measurements.</font></div> <div style="margin-left: 28.4px;text-indent:0.0px;"></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:99px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(ad)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:698px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Investment in Available-for-Sale Securities:</b></i> The Company classifies its existing marketable equity securities as available-for-sale. 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Consideration is given to (i)&#160;the length of time and the extent to which the fair value has been less than cost, (ii)&#160;the financial condition and near-term prospects of the investee, and (iii)&#160;the intent and ability of the Company to retain its investment in the investee for a period of time sufficient to allow for any anticipated recovery in fair value.</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Investment in Equity Securities:</b></i> Navios Holdings evaluates its investments in Navios Acquisition, Navios Partners, Navios Europe I and Navios Europe II for OTTI on a quarterly basis. Consideration is given to (i)&#160;the length of time and the extent to which the fair value has been less than the carrying value, (ii)&#160;the financial condition and near-term prospects of Navios Partners, Navios Acquisition, Navios Europe I and Navios Europe II, and (iii)&#160;the intent and ability of the Company to retain its investment in Navios Acquisition, Navios Partners, Navios Europe I and Navios Europe II, for a period of time sufficient to allow for any anticipated recovery in fair value.</font></div> <div style="margin-left: 28.4px;text-indent:0.0px;"></div> <div style="margin-left: 28.4px;text-indent:-28.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(ac) Cumulative Redeemable Perpetual Preferred Stock:</b> The Company's 2,000,000 American Depositary Shares, Series G Cumulative Redeemable Perpetual Preferred Stock (the &#147;Series G&#148;) and the 4,800,000 American Depositary Shares, Series H Cumulative Redeemable Perpetual Preferred Stock (the &#147;Series H&#148;) are recorded at fair market value on issuance. Each of the shares represents 1/100th of a share of the Series G, with a liquidation preference of $2,500.00 per share ($25.00 per American Depositary Share). Dividends are payable quarterly in arrears on the Series G at a rate of 8.75% per annum and on the Series H at a rate of 8.625% per annum of the stated liquidation preference. At any time on or after January 28, 2019, the Series G may be redeemed at the Company's option and at any time on or after July 8, 2019, the Series H may be redeemed at the Company's option (and the American Depositary Shares can be caused to be redeemed), in whole or in part, out of amounts legally available therefore, at a redemption price of $2,500.00 per share (equivalent to $25.00 per American Depositary Share) plus an amount equal to all accumulated and unpaid dividends thereon to the date of redemption, whether or not declared. The Company has accounted for these shares as equity. See also Note 16.</font></div> <div style="margin-left: 28.4px;text-indent:-28.0px;"></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:133px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(ab)</b></i></font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:701px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Convertible Preferred Stock:</b></i> The Company's 2% Mandatorily Convertible Preferred Stock (&#147;Preferred Stock&#148;) is recorded at fair market value on the date of issuance. The fair market value is determined using a binomial valuation model. The model which is used takes into account the credit spread of the Company, the volatility of its stock, as well as the price of its stock at the issuance date. Each preferred share has a par value of $0.0001. Each holder of Preferred Stock is entitled to receive an annual dividend equal to 2.0% on the nominal value of the Preferred Stock, payable quarterly, until such time as the Preferred Stock converts into common stock. Five years after the issuance date, 30.0% of the then-outstanding shares of Preferred Stock shall automatically convert into shares of common stock at a conversion price equal to $10.00 per share of common stock with the remaining balance of the then-outstanding shares of Preferred Stock being converted into shares of common stock under the same terms 10 years after their issuance date. At any time following the third anniversary from their issuance date, if the closing price of the common stock has been at least $20.00 per share, for 10 consecutive business days, the remaining balance of the then-outstanding preferred shares shall automatically convert at a conversion price equal to $14.00 per share of common stock. The holders of Preferred Stock are entitled, at their option, at any time following their issuance date and prior to their final conversion date, to convert all or any such then-outstanding preferred shares into common stock at a conversion price equal to $14.00 per common stock. See also Note 16.</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:49px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(aa)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:698px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Trade Accounts Receivable:</b></i> The amount shown as accounts receivable, trade, at each balance sheet date, includes receivables from charterers for hire, freight and demurrage billings and FFA counterparties, net of a provision for doubtful accounts. At each balance sheet date, all potentially uncollectible accounts are assessed individually for purposes of determining the appropriate provision for doubtful accounts.</font></div></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(z)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:698px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Treasury Stock:</b></i> Treasury stock is accounted for using the cost method. Excess of the purchase price of the treasury stock acquired, plus direct acquisition costs over its par value is recorded in additional paid-in capital.</font></div></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(y)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:698px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Leases:</b></i> Vessel leases where Navios Holdings is regarded as the lessor are classified as either finance leases or operating leases based on an assessment of the terms of the lease.</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">For charters classified as finance leases the minimum lease payments are recorded as the gross investment in the lease. The difference between the gross investment in the lease and the sum of the present values of the two components of the gross investment is recorded as unearned income which is amortized to income over the lease term as finance lease interest income to produce a constant periodic rate of return on the net investment in the lease.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">For charters classified as operating leases where Navios Holdings is regarded as the lessor, refer to Note 2(r).</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">For charters classified as operating leases where Navios Holdings is regarded as the lessee, the expense is recognized on a straight line basis over the rental periods of such charter agreements. The expense is included under the line item &#147;Time charter, voyage and logistics business expenses&#148;.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:49px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(x)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:698px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Guarantees:</b></i> A liability for the fair value of an obligation undertaken in issuing the guarantee is recognized. The recognition of fair value is not required for certain guarantees such as the parent's guarantee of a subsidiary's debt to a third party or guarantees on product warranties. For those guarantees excluded from the above guidance requiring the fair value recognition provision of the liability, financial statement disclosures of their terms are made.</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">On November&#160;15, 2012, the Company agreed to provide Navios Partners with guarantees against counterparty default on certain existing charters (see also Notes 15 and 23).</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(w)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:698px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Dividends:</b></i> Dividends are recorded in the Company's financial statements in the period in which they are declared. Navios Holdings paid $0, $19,325 and $25,228 to its common stockholders during the years ended December 31, 2016, 2015 and 2014, respectively, and $3,681, $16,025 and $7,502 to its preferred stockholders during the years ended December 31, 2016, 2015 and 2014, respectively. In November 2015, Navios Holdings announced that the Board of Directors decided to suspend the dividend to its common stockholders. In February 2016, Navios Holdings announced the suspension of payment of quarterly dividends on its preferred stock, including the Series G and Series H.</font></div></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:61px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(v)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:698px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Income Taxes:</b></i> The Company is a Marshall Islands Corporation. Pursuant to various treaties and the United States Internal Revenue Code, the Company believes that substantially all its operations are exempt from income taxes in the Marshall Islands and the United States of America. The tax expense reflected in the Company's consolidated financial statements for the years ended December&#160;31, 2016, 2015 and 2014 was mainly attributable to its subsidiaries in South America, which are subject to the Argentinean and Paraguayan income tax regimes.</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The asset and liability method is used to account for future income taxes. Under this method, future income tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts and the tax bases of assets and liabilities. Future income tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. The effect on future income tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A deferred tax asset is recognized for temporary differences that will result in deductible amounts in future years. A valuation allowance is recognized if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax asset will not be realized.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:132px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(u)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:709px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(Loss)/Earnings Per Share:</b></i> Basic (losses)/earnings per share are computed by dividing net (loss)/income attributable to Navios Holdings common stockholders by the weighted average number of shares of common stock outstanding during the periods presented. Net (loss)/income attributable to Navios Holdings common stockholders is calculated by adding to (if a discount) or deducting from (if a premium) net (loss)/ income attributable to Navios Holdings common stockholders the difference between the fair value of the consideration paid upon redemption and the carrying value of the preferred stock, including the unamortized issuance costs of the preferred stock, and the amount of any undeclared dividend cancelled. Diluted earnings per share reflect the potential dilution that would occur if securities or other contracts to issue common stock were exercised or converted. Dilution has been computed by the treasury stock method whereby all of the Company's dilutive securities (stock options and warrants) are assumed to be exercised and the proceeds are used to repurchase common shares at the weighted average market price of the Company's common stock during the relevant periods. The incremental shares (the difference between the number of shares assumed issued and the number of shares assumed purchased) are included in the denominator of the diluted earnings per share computation. Restricted share units, restricted stock and restricted stock units (vested and unvested) are included in the calculation of the diluted earnings per share, based on the weighted average number of restricted share units, restricted stock and restricted stock units assumed to be outstanding during the period. Convertible shares are included in the calculation of the diluted earnings per share, based on the weighted average number of convertible shares assumed to be outstanding during the period. See also Note 19.</font></div></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:49px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(t)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:698px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Financial Instruments:</b></i> Financial instruments carried on the balance sheet include cash and cash equivalents, restricted cash, trade receivables and payables, other receivables and other liabilities, long-term debt, capital leases and available-for-sale securities. The particular recognition methods applicable to each class of financial instrument are disclosed in the applicable significant policy description of each item, or included below as applicable.</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Financial Risk Management:</b> The Company's activities expose it to a variety of financial risks including fluctuations in future freight rates, time charter hire rates, fuel prices and credit and interest rates risk. Risk management is carried out under policies approved by executive management. Guidelines are established for overall risk management, as well as specific areas of operations.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Credit Risk:</b> The Company closely monitors its credit exposure to customers and counterparties for credit risk. The Company has policies in place to ensure that it trades with customers and counterparties with an appropriate credit history. </font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Interest Rate Risk:</b> Any differential to be paid or received on an interest rate swap agreement is recognized as a component of gain/loss on derivatives over the period of the agreement. Gains and losses on early termination of interest rate swaps are reflected in the consolidated statements of comprehensive (loss)/income. The effective portion of changes in the fair value of interest rate swap agreements that are designated and qualify as cash flow hedges are recognized in equity.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Liquidity Risk:</b> Prudent liquidity risk management implies maintaining sufficient cash and marketable securities, the availability of funding through an adequate amount of committed credit facilities and the ability to close out market positions. The Company monitors cash balances appropriately to meet working capital needs.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Foreign Exchange Risk:</b> Foreign currency transactions are translated into the measurement currency at rates prevailing on the dates of the relevant transactions. Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation of monetary assets and liabilities denominated in foreign currencies are recognized in the consolidated statements of comprehensive (loss)/income.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Accounting for Derivative Financial Instruments and Hedging Activities:</b> The Company may enter into dry bulk shipping FFAs as economic hedges relating to identifiable ship and/or cargo positions and as economic hedges of transactions the Company expects to carry out in the normal course of its shipping business. By utilizing certain derivative instruments, including dry bulk shipping FFAs, the Company manages the financial risk associated with fluctuating market conditions. In entering into these contracts, the Company has assumed the risks that might arise from the possible inability of counterparties to perform in accordance with the terms of their contracts.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The Company may trade dry bulk shipping FFAs which are cleared through LCH, the London clearing house. LCH calls for both base and margin collateral, which are funded by Navios Holdings, and which in turn substantially eliminate counterparty risk. Certain portions of these collateral funds may be restricted at any given time as determined by LCH.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">At the end of each calendar quarter, the fair value of dry bulk shipping FFAs traded over-the-counter are determined from an index published in London, United Kingdom and the fair value of those FFAs traded with LCH is determined from the LCH valuations.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The Company records all of its derivative financial instruments and hedges as economic hedges.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The Company classifies cash flows related to derivative financial instruments within cash provided by operating activities in the consolidated statements of cash flows.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"></div> <div style="margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(s) &#160;&#160;Employee benefits:</b></i></font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Pension and Retirement Obligations-Crew:</b> The Company's ship-owning subsidiaries employ the crew on board under short-term contracts (usually up to nine months) and, accordingly, they are not liable for any pension or post-retirement benefits.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Provision for Employees' Severance and Retirement Compensation:</b> The employees in the Company's office in Greece are protected by Greek labor law. According to the law, the Company is required to pay retirement indemnities to employees upon dismissal or upon leaving with an entitlement to a full security retirement pension. The amount of compensation is based on the number of years of service and the amount of remuneration at the date of dismissal or retirement up to a maximum of two years' salary. If the employees remain in the employment of the Company until normal retirement age, they are entitled to retirement compensation which is equal to 40% of the compensation amount that would be payable if they were dismissed at that time. The number of employees that will remain with the Company until retirement age is not known. The Company considers this plan equivalent to a lump sum defined benefit pension plan and accounts for it under relevant guidance on employer's accounting for pensions. The Company is required to annually value the statutory terminations indemnities liability. Management obtains a valuation from independent actuaries to assist in the calculation of the benefits. The Company provides, in full, for the employees' termination indemnities liability. This liability amounted to $1,127 and $952 at December&#160;31, 2016 and 2015, respectively.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>U.S. Retirement Savings Plan:</b> The Company sponsors a 401(k) retirement savings plan, which is categorized as a defined contribution plan. The plan is available to full time employees who meet the plan's eligibility requirements. The plan permits employees to make contributions up to 15% of their annual salary with the Company matching up to the first 6%. The Company makes monthly contributions (matching contributions) to the plan based on amounts contributed by employees. Subsequent to making the matching contributions, the Company has no further obligations. The Company may make an additional discretionary contribution annually if such a contribution is authorized by the Board of Directors. The plan is administered by an independent professional firm that specializes in providing such services. See also Note 12.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Other Post-Retirement Obligations:</b> The Company has a legacy pension arrangement for certain Bahamian, Uruguayan and former Navios Corporation employees. The entitlement to these benefits is only to these former employees. The expected costs of these benefits are accrued each year, using an accounting methodology similar to that for defined benefit pension plans. These obligations are valued annually by independent actuaries.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Stock-Based Compensation:</b> In December 2016, the Company authorized the grant of restricted share units and share appreciation rights. In December 2015 and 2014, the Company authorized the issuance of shares of restricted common stock, restricted stock units and stock options in accordance with the Company's stock option plan for its employees, officers and directors. These awards of restricted share units, share appreciation rights, restricted common stock, restricted stock units and stock options are based on service conditions only and vest over three years. In December 2014 and 2013, the Company also authorized the issuance of shares of restricted common stock, restricted stock units and stock options for its employees, officers and directors that vest upon achievement of certain internal performance criteria including certain targets on operational performance and cost efficiency. See also Note 12.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The fair value of share appreciation rights and stock option grants is determined with reference to option pricing model and principally adjusted Black-Scholes models. The fair value of restricted share units, restricted stock and restricted stock units is determined by reference to the quoted stock price on the date of grant. Compensation expense, net of estimated forfeitures, is recognized based on a graded expense model over the vesting period. Compensation expense for the awards that vest upon achievement of the performance criteria is recognized when it is probable that the performance criteria will be met and are being accounted for as equity.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(r)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:492px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Revenue and Expense Recognition:</b></i></font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Revenue Recognition:</b> Revenue is recorded when services are rendered, the Company has a signed charter agreement or other evidence of an arrangement, the price is fixed or determinable, and collection is reasonably assured. The Company generates revenue from transportation of cargo, time charter of vessels, port terminal operations, bareboat charters, contracts of affreightment/voyage contracts, demurrages and contracts covering dry or liquid port terminal operations.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Voyage revenues for the transportation of cargo are recognized ratably over the estimated relative transit time of each voyage. A voyage is deemed to commence when a vessel is available for loading and is deemed to end upon the completion of the discharge of the current cargo. Estimated losses on voyages are provided for in full at the time such losses become evident. Under a voyage charter, the Company agrees to provide a vessel for the transportation of specific goods between specific ports in return for payment of an agreed upon freight rate per ton of cargo.</font></div> <div style="margin-left: 28.4px;margin-top:9.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Revenues are recorded net of address commissions. Address commissions represent a discount provided directly to the charterers based on a fixed percentage of the agreed upon charter rate. Since address commissions represent a discount (sales incentive) on services rendered by the Company and no identifiable benefit is received in exchange for the consideration provided to the charterer, these commissions are presented as a reduction of revenue.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Revenue from time chartering and bareboat chartering is earned and recognized on a daily basis as the service is delivered. Revenue from contracts of affreightment (&#147;COA&#148;)/voyage contracts relating to our barges is recognized based upon the percentage of voyage completion. A voyage is deemed to commence upon the departure of the barge after discharge under the previous voyage and is deemed to end upon the completion of discharge under the current voyage. The percentage of voyage completion is based on the days traveled as of the balance sheet date divided by the total days expected for the voyage. The position of the barge at the balance sheet date is determined by the days traveled as of the balance sheet date over the total voyage of the pushboat having the barge in tow. Revenue arising from contracts that provide our customers with continuous access to convoy capacity is recognized ratably over the period of the contracts.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Demurrage income represents payments made by the charterer to the vessel owner when loading or discharging time exceeds the stipulated time in the voyage charter and is recognized as it is earned.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Revenues arising from contracts that provide our customers with continuous access to convoy capacity are recognized ratably over the period of the contracts.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Profit-sharing revenues are calculated at an agreed percentage of the excess of the charterer's average daily income (calculated on a quarterly or half-yearly basis) over an agreed amount and accounted for on an accrual basis based on provisional amounts and for those contracts that provisional accruals cannot be made due to the nature of the profit sharing elements, these are accounted for on the actual cash settlement.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Revenues from time chartering of vessels are accounted for as operating leases and are thus recognized on a straight line basis as the average revenue over the rental periods of such charter agreements as service is performed, except for loss generating time charters, in which case the loss is recognized in the period when such loss is determined. A time charter involves placing a vessel at the charterer's disposal for a period of time during which the charterer uses the vessel in return for the payment of a specified daily hire rate. Short period charters for less than three months are referred to as spot-charters. Charters extending three months to a year are generally referred to as medium-term charters. All other charters are considered long-term. Under time charters, operating costs such as for crews, maintenance and insurance are typically paid by the owner of the vessel.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">For vessels operating in pooling arrangements, the Company earns a portion of total revenues generated by the pool, net of expenses incurred by the pool. The amount allocated to each pool participant vessel, including the Company's vessels, is determined in accordance with an agreed-upon formula, which is determined by margins awarded to each vessel in the pool based on the vessel's age, design and other performance characteristics. Revenue under pooling arrangements is accounted for on the accrual basis and is recognized when an agreement with the pool exists, price is fixed, service is provided and the collectability is reasonably assured. Revenue for vessels operating in pooling arrangements amounted to $15,115, $1,825 and $0, for the years ended December 31, 2016, 2015 and 2014, respectively. The allocation of such net revenue may be subject to future adjustments by the pool, however, such changes are not expected to be material.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Revenues from port terminal operations consist of an agreed flat fee per ton and cover the services performed to unload barges (or trucks), transfer the product into silos for temporary storage and then loading the ocean-going vessels. Revenues are recognized upon completion of loading the ocean-going vessels. Additionally, fees are charged for vessel dockage and for storage time in excess of contractually specified terms. Dockage revenues are recognized ratably up to completion of loading. Storage fees are assessed and recognized when the product remains in the silo storage beyond the contractually agreed time allowed. Storage fee revenue is recognized ratably over the storage period and ends when the product is loaded onto the ocean-going vessel.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Revenues from liquid port terminal operations consist mainly of sales of petroleum products in the Paraguayan market. Additionally, revenues consist of an agreed flat fee per cubic meter to cover the services performed to unload barges, transfer the products into the tanks for temporary storage and then loading the trucks. Revenues are recognized upon completion of loading the trucks. Additionally, fees are charged for storage time in excess of contractually specified terms. Storage fee revenue is recognized ratably over the storage period and ends when the product is loaded onto the trucks.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Recovery of lost revenue under credit default insurance for charterers is accounted for as gain contingency and is recognized when all contingencies are resolved. The amount of recovery of lost revenue is recorded within the caption &#147;Revenue&#148; and any amount recovered in excess of the lost revenue is recorded within the caption &#147;Other income&#148;.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Expenses related to our revenue-generating contracts are recognized as incurred.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Administrative fee revenue from affiliates: </b>Administrative fee revenue from affiliates consists of fees earned on the provision of administrative services pursuant to administrative services agreements with our affiliates (Refer to Note 15). Administrative services include: bookkeeping, audit and accounting services, legal and insurance services, administrative and clerical services, banking and financial services, advisory services, client and investor relations and other general and administrative services. These revenues are recognized as the services are provided to affiliates.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The general and administrative expenses incurred on behalf of affiliates are determined based on a combination of actual expenses incurred on behalf of the affiliates as well as a reasonable allocation of expenses that are not affiliate specific but incurred on behalf of all affiliates.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Forward Freight Agreements (&#147;FFAs&#148;):</b> Realized gains or losses from FFAs are recognized monthly concurrent with cash settlements. In addition, FFAs are &#147;marked-to-market&#148; quarterly to determine the fair values which generate unrealized gains or losses. Trading of FFAs could lead to material fluctuations in the Company's reported results from operations on a period to period basis.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Deferred Income and Cash Received In Advance:</b> Deferred voyage revenue primarily relates to cash received from charterers prior to it being earned. These amounts are recognized as revenue over the voyage or charter period.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Time Charter, Voyage and Logistics Business Expenses:</b> Time charter, voyage and logistics business expenses comprise all expenses related to each particular voyage, including time charter hire paid and voyage freight paid, bunkers, port charges, canal tolls, cargo handling, agency fees and brokerage commissions. Also included in time charter, voyage and logistics business expenses are charterers' liability insurances, provision for losses on time charters and voyages in progress at year-end, direct port terminal expenses and other miscellaneous expenses.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Direct Vessel Expenses:</b> Direct vessel expenses consist of all expenses relating to the operation of vessels, including crewing, repairs and maintenance, insurance, stores and lubricants and miscellaneous expenses such as communications and amortization of drydocking and special survey costs net of related party management fees.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;margin-bottom:12.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Prepaid Voyage Costs:</b> Prepaid voyage costs relate to cash paid in advance for expenses associated with voyages. These amounts are recognized as expenses over the voyage or charter period.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;margin-bottom:12.0px;text-indent:0.0px;"></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(q)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:696px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Segment Reporting:</b></i> Operating segments, as defined, are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. Based on the Company's methods of internal reporting and management structure, the Company currently has two reportable segments: the Dry Bulk Vessel Operations segment and the Logistics Business segment. </font></div></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:64px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(p)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:700px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Provisions:</b></i> The Company, in the ordinary course of business, is subject to various claims, suits and complaints. Management, in consultation with internal and external advisers, will provide for a contingent loss in the financial statements if the contingency had occurred at the date of the financial statements and the likelihood of loss was probable and the amount can be reasonably estimated. If the Company has determined that the reasonable estimate of the loss is a range and there is no best estimate within the range, the Company will provide for the lower amount within the range. See also Note 13.</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The Company participates in Protection and Indemnity (P&amp;I) insurance plans provided by mutual insurance associations known as P&amp;I clubs. Under the terms of these plans, participants may be required to pay additional premiums (supplementary calls) to fund operating deficits incurred by the clubs (&#147;back calls&#148;). Obligations for back calls are accrued annually based on information provided by the P&amp;I clubs.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Provisions for estimated losses on vessels under time charter are provided for in the period in which such losses are determined. As of December&#160;31, 2016 and 2015, the balance for provision for voyages was $3,129 and $2,157, respectively.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(o)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:698px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Foreign Currency Translation:</b></i> The Company's functional and reporting currency is the U.S. dollar. The Company engages in worldwide commerce with a variety of entities. Although its operations may expose it to certain levels of foreign currency risk, its transactions are predominantly U.S. dollar denominated. The Company's subsidiaries in Uruguay, Argentina, Brazil and Paraguay transact a nominal amount of their operations in Uruguayan pesos, Argentinean pesos, Brazilian reales and Paraguayan guaranies, whereas the Company's wholly-owned vessel subsidiaries and the vessel management subsidiaries transact a nominal amount of their operations in Euros; however, all of the subsidiaries' primary cash flows are U.S. dollar denominated. The financial statements of the foreign operations are translated using the exchange rate at the balance sheet date except for property and equipment and equity, which are translated at historical rates. Transactions in currencies other than the functional currency are translated at the exchange rate in effect at the date of each transaction. Differences in exchange rates during the period between the date a transaction denominated in a foreign currency is consummated and the date on which it is either settled or translated, are recognized in the statements of comprehensive (loss)/income. The foreign currency gains/(losses) recognized under the caption &#147;Other income&#148; in the consolidated statements of comprehensive (loss)/income for each of the years ended December&#160;31, 2016, 2015 and 2014, were $1,600, $1,646 and $1,945, respectively.</font></div></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(n)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:477px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Goodwill and Other Intangibles</b></i></font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(i) Goodwill:</b></i> Goodwill is tested for impairment at the reporting unit level at least annually.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The Company evaluates impairment of goodwill using a two-step process. First, the aggregate fair value of the reporting unit is compared to its carrying amount, including goodwill (step one). The Company determines the fair value of the reporting unit based on a combination of the income approach (i.e. discounted cash flows) and market approach (i.e. comparative market multiples) and believes that the combination of these two approaches is the best indicator of fair value for its individual reporting units. If the fair value of a reporting unit exceeds the carrying amount, no impairment exists. If the carrying amount of the reporting unit exceeds the fair value, then the Company must perform the second step (step two) to determine the implied fair value of the reporting unit's goodwill and compare it with its carrying amount. The implied fair value of goodwill is determined by allocating the fair value of the reporting unit to all the assets and liabilities of that reporting unit, as if the reporting unit had been acquired in a business combination and the fair value of the reporting unit was the purchase price. If the carrying amount of the goodwill exceeds the implied fair value, then goodwill impairment is recognized by writing the goodwill down to its implied fair value.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">As of December 31, 2016, the Company performed its impairments test for its reporting units within: the Dry Bulk Vessel Operations and the Logistics Business. During the fourth quarter 2016, the overall shipping market continued to experience significant deteriorating market conditions, especially in the dry bulk sector with sharp declines in freight rates, charter rates and vessel values. Additionally, the Company's market capitalization continued to deteriorate to levels well below the carrying value of its total net assets.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">As of December 31, 2016, the Company performed step one of the impairment test for the Dry Bulk Vessel Operations reporting unit, which is allocated goodwill of $56,240. Step one impairment test revealed that the fair value of the Dry Bulk Vessel Operations reporting unit exceeded the carrying amount of its net assets. Accordingly, no step two analysis was required.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The fair value of the Dry Bulk Vessel Operations reporting unit was estimated using a combination of income and market approaches. For the income approach, the expected present value of future cash flows used judgments and assumptions that management believes were appropriate in the circumstances. The significant factors and assumptions the Company used in its discounted cash flow analysis included: EBITDA, the discount rate used to calculate the present value of future cash flows and future capital expenditures. EBITDA assumptions included revenue assumptions, general and administrative expense growth assumptions, and direct vessel expense growth assumptions. The future cash flows were determined by considering the charter revenues from existing time charters for the fixed fleet days (the Company's remaining charter agreement rates) and an estimated daily time charter equivalent for the non-fixed days (based on a combination of one-year average historical time charter rates and the 10-year average historical one-year time charter rates adjusted for outliers), which the Company believes is an objective approach for forecasting charter rates over an extended time period for long-lived assets. In addition, a weighted average cost of capital (&#147;WACC&#148;) was used to discount future estimated cash flows to their present values. The WACC was based on externally observable data considering market participants' and the Company's cost of equity and debt, optimal capital structure and risk factors specific to the Company. The market approach estimated the fair value of the Company's business based on comparable publicly-traded companies in its industry. In assessing the fair value, the Company utilized the results of the valuations and considered the range of fair values determined under all methods which indicated that the fair value exceeded the carrying value of net assets.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">As of December 31, 2016, the Company performed step one of the impairment test for the Logistics Business, which is allocated goodwill of $104,096. Step one of the impairment test used the income method and revealed that the fair value exceeded the carrying amount of its net assets. Accordingly, no step two analysis was required. The future cash flows from the Logistics Business were determined principally by combining revenues from existing contracts and estimated revenues based on the historical performance of the segment, including utilization rates and actual storage capacity. The Logistics Business has not been affected by the same deteriorating industry and market conditions as experienced in the Dry Bulk Vessel Operations reporting unit. In addition, the cash flows of the long-lived assets in the Logistics Business reporting unit have not experienced a significant decline.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">No impairment loss was recognized for any of the periods presented.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(ii)&#160;Intangibles Other Than Goodwill:</b></i> Navios Holdings' intangible assets and liabilities consist of favorable lease terms, unfavorable lease terms, customer relationships, trade name and port terminal operating rights. The fair value of the trade name was determined based on the &#147;relief from royalty&#148; method which values the trade name based on the estimated amount that a&#160;company would have to pay in an arm's length transaction to use that trade name. The asset is being amortized under the straight line method over 32&#160;years. Navios Logistics' trade name is being amortized under the straight line method over 10&#160;years.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The fair value of customer relationships of Navios Logistics was determined based on the &#147;excess earnings&#148; method, which relies upon the future cash flow generating ability of the asset. The asset is amortized under the straight line method.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Other intangibles that are being amortized, such as customer relationships and port terminal operating rights, would be considered impaired if their carrying value could not be recovered from the future undiscounted cash flows associated with the asset.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">When intangible assets or liabilities associated with the acquisition of a vessel are identified, they are recorded at fair value. Fair value is determined by reference to market data and the discounted amount of expected future cash flows. Where charter rates are higher than market charter rates, an asset is recorded, being the difference between the acquired charter rate and the market charter rate for an equivalent vessel. Where charter rates are less than market charter rates, a liability is recorded, being the difference between the assumed charter rate and the market charter rate for an equivalent vessel. The determination of the fair value of acquired assets and assumed liabilities requires the Company to make significant assumptions and estimates of many variables including market charter rates, expected future charter rates, the level of utilization of the Company's vessels and the Company's weighted average cost of capital. The use of different assumptions could result in a material change in the fair value of these items, which could have a material impact on the Company's financial position and results of operations.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The amortizable value of favorable and unfavorable leases is amortized over the remaining life of the lease term and the amortization expense is included in the consolidated statements of comprehensive (loss)/income in the &#147;Depreciation and amortization&#148; line item.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The amortizable value of favorable leases would be considered impaired if its fair market value could not be recovered from the future undiscounted cash flows associated with the asset. Vessel purchase options that have not been exercised, which are included in favorable lease terms, are not amortized and would be considered impaired if the carrying value of an option, when added to the option price of the vessel, exceeded the fair value of the vessel. No impairment loss was recognized for any the periods presented.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Vessel purchase options that are included in favorable leases are not amortized and when the purchase option is exercised, the asset is capitalized as part of the cost of the vessel and depreciated over the remaining useful life of the vessel and if not exercised, the intangible asset is written off. Vessel purchase options that are included in unfavorable lease terms are not amortized and when the purchase option is exercised by the charterer and the underlying vessel is sold, it will be recorded as part of gain/loss on sale of the assets. 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">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:70px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Years</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:400px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Trade name</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">21</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:400px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Favorable lease terms</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:49px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(m)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:698px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Deferred Financing Costs:</b></i> Deferred financing costs include fees, commissions and legal expenses associated with obtaining or modifying loan facilities. Deferred financing costs are presented as a deduction from the corresponding liability. These costs are amortized over the life of the related debt using the effective interest rate method, and are included in interest expense. Amortization and write-off of deferred financing costs for each of the years ended December&#160;31, 2016, 2015 and 2014 were $5,653, $4,524 and $4,061, respectively. See also Note 17.</font></div></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:28px;height:70px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(l)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:687px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Deferred Drydock and Special Survey Costs:</b></i> The Company's vessels, barges and push boats are subject to regularly scheduled drydocking and special surveys which are carried out every 30 and 60 months, respectively, for ocean-going vessels, and every 84 months for push boats and barges, to coincide with the renewal of the related certificates issued by the classification societies, unless a further extension is obtained in rare cases and under certain conditions. The costs of drydocking and special surveys are deferred and amortized over the above periods or to the next drydocking or special survey date if such date has been determined. Unamortized drydocking or special survey costs of vessels, barges and push boats sold are written-off to income in the year the vessel, barge or push boat is sold.</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Costs capitalized as part of the drydocking or special survey consist principally of the actual costs incurred at the yard, and expenses relating to spare parts, paints, lubricants and services incurred solely during the drydocking or special survey period. 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Navios Holdings' management evaluates the carrying amounts and periods over which long-lived assets are depreciated to determine if events or changes in circumstances have occurred that would require modification to their carrying values or useful lives. In evaluating useful lives and carrying values of long-lived assets, certain indicators of potential impairment are reviewed, such as undiscounted projected operating cash flows, vessel sales and purchases, business plans and overall market conditions.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Undiscounted projected net operating cash flows are determined for each asset group and compared to the carrying value of the vessel, the unamortized portion of deferred drydock and special survey costs related to the vessel and the related carrying value of the intangible assets with respect to the time charter agreement attached to that vessel or the carrying value of deposits for newbuildings. Within the shipping industry, vessels are customarily bought and sold with a charter attached. The value of the charter may be favorable or unfavorable when comparing the charter rate to then-current market rates. The loss recognized either on impairment (or on disposition) will reflect the excess of carrying value over fair value (selling price) for the vessel asset group.</font></div> <div style="margin-left: 28.4px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">During the fourth quarter of fiscal year 2016, management concluded that events occurred and circumstances had changed, which indicated that potential impairment of Navios Holdings' long-lived assets might exist. These indicators included continued deterioration in the spot market, and the related impact of the current dry bulk sector has on management's expectation for future revenues. 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The significant factors and assumptions used in the undiscounted projected net operating cash flow analysis included: determining the projected net operating cash flows by considering the charter revenues from existing time charters for the fixed fleet days (the Company's remaining charter agreement rates) and an estimated daily time charter equivalent for the unfixed days (based on a combination of one-year average historical time charter rates and 10-year average historical one-year time charter rates, adjusted for outliers) over the remaining economic life of each vessel, net of brokerage and address commissions excluding days of scheduled off-hires, running cost based on current year actuals, assuming an annual increase of 0.8% after 2017 and a utilization rate of 99.2% based on the fleet's historical performance.</font></div> <div style="margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The assessment concluded that step two of the impairment analysis was not required and no impairment of vessels and the related intangible assets existed as of December&#160;31, 2016, as the undiscounted projected net operating cash flows exceeded the carrying value.</font></div> <div style="margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="margin-left: 28.4px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">In the event that impairment would occur, the fair value of the related asset would be determined and an impairment charge would be recorded to operations calculated by comparing the asset's carrying value to its fair value. 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The Company classifies assets and disposal groups as being held for sale when the following criteria are met: management has committed to a plan to sell the asset (disposal group); the asset (disposal group) is available for immediate sale in its present condition; an active program to locate a buyer and other actions required to complete the plan to sell the asset (disposal group) have been initiated; the sale of the asset (disposal group) is probable, and transfer of the asset (disposal group) is expected to qualify for recognition as a completed sale within one year; the asset (disposal group) is being actively marketed for sale at a price that is reasonable in relation to its current fair value; and actions required to complete the plan indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. Long-lived assets or disposal groups classified as held for sale are measured at the lower of their carrying amount or fair value less cost to sell. These assets are not depreciated once they meet the criteria to be held for sale. No assets were classified as held for sale in any of the periods presented.</font></div></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:74px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>(i)</b></i></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:698px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Deposits for Vessels, Port Terminals and Other Fixed Assets:</b></i> This represents amounts paid by the Company in accordance with the terms of the purchase agreements for the construction of vessels, port terminals and other long-lived fixed assets. Deposits for vessels, port terminals and other fixed assets also include pre-delivery expenses. Pre-delivery expenses represent any direct costs to bring the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Interest costs incurred during the construction (until the asset is substantially complete and ready for its intended use) are capitalized. 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Subsequent expenditures for major improvements and upgrades are capitalized, provided they appreciably extend the life, increase the earnings capability or improve the efficiency or safety of the vessels. 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They are recorded on an accrual basis and represent the claimable expenses, net of applicable deductibles, incurred through December&#160;31 of each reporting period, which are probable to be recovered from insurance companies. Any remaining costs to complete the claims are included in accrued liabilities. 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On an on-going basis, management evaluates the estimates and judgments, including those related to uncompleted voyages, future drydock dates, the assessment of other-than-temporary impairment related to the carrying value of investments in affiliates, the selection of useful lives for tangible assets, expected future cash flows from long-lived assets to support impairment tests, impairment test for goodwill, provisions necessary for accounts receivables and demurrages, provisions for legal disputes, pension benefits, contingencies and guarantees. Management bases its estimates and judgments on historical experience and on various other factors that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. 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">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Liberia</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Rheia Associates Co.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:144px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Operating Company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:144px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Vessel Owning Company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:144px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Operating Company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:144px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Vessel Owning Company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:7px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">White Narcissus Marine S.A.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Panama</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:73px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:78px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:8px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:6px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Delaware</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" colspan="5" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="5" style=" border:solid #000000 0.0px;width:17px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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"><b>Non Vested as of December&#160;31, 2014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,997,344</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:74px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,921</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:305px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;2019</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">85,001</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:66px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:66px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">9,919</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:74px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">508</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:305px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;2021</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">51,924</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:66px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:66px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">29,038</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:74px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:305px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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"><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:66px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>86,512</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:74px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>6,489</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:305px;height:4px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:62px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:66px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> </tr> <tr> <td style="width:305px;"></td> <td style="width:29px;"></td> <td style="width:26px;"></td> <td style="width:62px;"></td> <td style="width:16px;"></td> <td style="width:11px;"></td> <td style="width:31px;"></td> <td style="width:66px;"></td> <td style="width:8px;"></td> <td style="width:22px;"></td> <td style="width:11px;"></td> <td style="width:74px;"></td> <td style="width:10px;"></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:324px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:324px;height:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:81px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Dry bulk&#160;</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>vessels</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">64,191</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">52,569</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">684,511</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Total minimum revenue, net of commissions</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; 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">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Interest expense</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">107,787</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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"><b>&#160;for the</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;Year Ended</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:96px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;for the</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;Year Ended</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:251px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Total assets</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,083,526</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">669,369</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,752,895</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:251px;height:12px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">104,096</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">160,336</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:251px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Capital expenditures</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(60,420</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(91,173</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(151,593</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:251px;height:12px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Investment in affiliates</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">160,071</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">70,810</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">65,182</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">135,992</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:251px;height:12px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Restricted cash</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,486</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,900</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:103px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Logistics&#160;Business</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;for the</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;Year&#160;Ended</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">61,484</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(148,306</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Total assets</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,359,299</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">599,514</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,958,813</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(34,921</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Investment in affiliates</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">381,746</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">381,746</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Cash and cash equivalents</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">81,905</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">81,507</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(104,690</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:8px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Equity in net earnings of affiliated companies</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">(45,541</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(10,662</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(56,203</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Total assets</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">602,594</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">3,127,697</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Goodwill</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">56,240</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">(237,498</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Investment in affiliates</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">344,453</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:263px;height:25px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Long-term debt, net (including current and noncurrent portion)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,246,181</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">73,073</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">87,658</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">220,336</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">253,746</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">275,327</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:271px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">7,752</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> </tr> </table> <div></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:354px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:73px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:73px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:84px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Year ended</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:28px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:85px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Year ended</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;2014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:354px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Numerator:</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:28px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:354px;height:14px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Net loss attributable to Navios Holdings common stockholders</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:28px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:11px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:73px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(10,773</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:354px;height:14px;"><div style="margin-left: 15.1px;text-indent:-14.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:10px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:73px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:28px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:73px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:354px;height:24px;background-color:#cceeff"><div style="margin-left: 15.1px;text-indent:-14.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Loss available to Navios Holdings common stockholders, basic and diluted</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:73px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(273,105</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:73px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(150,314</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:28px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:73px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:73px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:28px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:354px;height:29px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Denominator for basic and diluted net loss per share attributable to Navios Holdings stockholders &#151;&#160;adjusted weighted shares </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:73px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">107,366,783</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:65px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Revenue</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">21,799</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">21,799</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Time charter, voyage and logistics business expenses</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(115,483</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(59,589</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(175,072</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">(51,396</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:65px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(76,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(127,396</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">29,187</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">5,206</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Loss before equity in net earnings of affiliated companies</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(52,092</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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"><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Loss from subsidiaries</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(46,867</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">6,483</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:65px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(204,864</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)&#160;</font></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(303,823</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(45,531</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:3px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:65px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>10,086</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">40,384</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:42px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(298,884</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Income tax benefit/ (expense)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(283</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:3px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:65px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(982</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(1,265</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net loss</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(303,823 </b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(45,814</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:3px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:65px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>9,104</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">40,384</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:42px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(300,149</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Less: Net income attributable to the noncontrolling interest</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:3px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:65px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(3,674</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(3,674</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:20px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net loss attributable to Navios Holdings common stockholders</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(303,823 </b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:47px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(45,814</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:9px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:58px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>5,430</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:45px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">40,384</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:42px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(303,823</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:280px;height:2px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:3px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:65px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:42px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Other Comprehensive income</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:65px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:20px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Unrealized holding loss on investments in available-for-sale securities</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Reclassification to earnings </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">345</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">345</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:58px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(345</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">345</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total other comprehensive income</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>445</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:47px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>445</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:58px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:45px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(445</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:42px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>445</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:3px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total comprehensive loss</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(303,378</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(45,369</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>9,104</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>39,939</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(299,704</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:8px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Comprehensive (income)/loss attributable to noncontrolling interest</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:58px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(3,674</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#ffffff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;background-color:#ffffff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(3,674</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ffffff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total comprehensive loss attributable to Navios Holdings common stockholders</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(303,378</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(45,369</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:58px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>5,430</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>39,939</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(303,378</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td style="width:280px;"></td> <td style="width:14px;"></td> <td style="width:27px;"></td> <td style="width:49px;"></td> <td style="width:9px;"></td> <td style="width:13px;"></td> <td style="width:25px;"></td> <td style="width:47px;"></td> <td style="width:11px;"></td> <td style="width:16px;"></td> <td style="width:3px;"></td> <td style="width:6px;"></td> <td style="width:58px;"></td> <td style="width:9px;"></td> <td style="width:13px;"></td> <td style="width:13px;"></td> <td style="width:45px;"></td> <td style="width:9px;"></td> <td style="width:13px;"></td> <td style="width:9px;"></td> <td style="width:42px;"></td> <td style="width:11px;"></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:280px;height:4px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:280px;height:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(12,740</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(89,572</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(27,969</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(26,513</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(110,781</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Other expense, net</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(60</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(18,671</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(11,470</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(30,201</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Loss before equity in net earnings of affiliated companies</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(83,188</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(126,204</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>18,687</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(190,705</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Loss from subsidiaries</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(105,102</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">14,194</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">90,908</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Equity in net earnings of affiliated companies</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">5,326</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">1,980</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">61,484</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Loss before taxes</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(134,112</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(106,684</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>20,667</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>90,908</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">3,154</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net loss</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(134,112</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>90,908</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">Less: Net income attributable to the noncontrolling interest</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(8,045</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(8,045</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net loss attributable to Navios Holdings common stockholders</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(134,112</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(107,081</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>16,173</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>90,908</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(134,112</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:280px;height:4px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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border-bottom:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Other Comprehensive income</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Unrealized holding loss on investments in available-for-sale securities</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(1,649</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(1,649</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">1,649</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(1,649</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Reclassification to earnings </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">1,782</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">1,782</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(1,782</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">1,782</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total other comprehensive income</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>133</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>133</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(133</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>133</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:3px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total comprehensive loss</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(133,979</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(106,948</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>24,218</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>90,775</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(125,934</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Comprehensive (income)/loss attributable to noncontrolling interest</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(8,045</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(8,045</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:280px;height:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total comprehensive loss attributable to Navios Holdings common stockholders</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(133,979</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(106,948</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>16,173</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>90,775</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;</b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div> <div style="margin-bottom:10.0px;line-height:1.15;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:273px;height:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:74px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Navios</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:68px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(52,039</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(78,025</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(130,064</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(14,300</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(20,483</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(14,764</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(45,590</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(25,087</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(27,546</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(27,281</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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"><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(86,354</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(16,396</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(16,981</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#151;&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(119,731</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Loss from subsidiaries</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(10,662</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">28,080</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Equity in net earnings of affiliated companies</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; 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border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">6,555</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">3,627</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">57,751</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Loss before taxes</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(56,203</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(20,503</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(13,354</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>28,080</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(61,980</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Income tax (expense)/benefit</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(360</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">276</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(84</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net loss</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(56,203</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(20,863</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(13,078</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>28,080</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(62,064</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Less: Net (income)/loss attributable to the noncontrolling interest</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(182</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">6,043</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">5,861</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Net loss attributable to Navios Holdings common stockholders</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(56,203</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(21,045</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(7,035</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>28,080</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(56,203</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:273px;height:4px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Unrealized holding loss on investments in available-for-sale securities</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(959</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(959</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">959</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(959</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Reclassification to earnings</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">11,553</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">11,553</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(11,553</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">11,553</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total other comprehensive income</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>10,594</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>10,594</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(10,594</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>10,594</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:273px;height:4px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total comprehensive loss</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(45,609</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(10,269</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(13,078</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>17,486</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(51,470</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">Comprehensive (income)/loss attributable to noncontrolling interest</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">(182</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:44px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">6,043</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">5,861</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:273px;height:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total comprehensive loss attributable to Navios Holdings common stockholders</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(45,609</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(10,451</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:44px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(7,035</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>17,486</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>(45,609</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>)</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:273px;height:4px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:44px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> </tr> <tr> <td style="width:273px;"></td> <td style="width:14px;"></td> <td style="width:27px;"></td> <td style="width:46px;"></td> <td style="width:9px;"></td> <td style="width:13px;"></td> <td style="width:25px;"></td> <td style="width:43px;"></td> <td style="width:9px;"></td> <td style="width:13px;"></td> <td style="width:31px;"></td> <td style="width:44px;"></td> <td style="width:9px;"></td> <td style="width:13px;"></td> <td style="width:26px;"></td> <td style="width:46px;"></td> <td style="width:9px;"></td> <td style="width:13px;"></td> <td style="width:11px;"></td> <td style="width:51px;"></td> <td style="width:9px;"></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:300px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="14" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:403px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Fair Value Measurements at December 31, 2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:300px;height:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:80px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:85px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(Level I)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:81px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(Level II)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:64px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(Level&#160;III)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Cash and cash equivalents</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Restricted cash</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,386</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,386</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Loan receivable from affiliate company⁽²⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">23,008</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">23,008</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Long-term receivable from affiliate companies⁽²⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">11,105</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">11,105</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Capital lease obligations, including current portion⁽¹⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(17,617</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(17,617</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Senior and ship mortgage notes</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(974,170</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:21px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:6px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(974,170</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:21px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:21px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Long-term debt, including current portion⁽¹⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(308,080</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(308,080</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Loan payable to affiliate company⁽²⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(51,240</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(51,240</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Long-term payable to affiliate companies⁽²⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(6,399</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(6,399</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="margin-left: 11.7px;text-indent:-10.7px;"></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:300px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="middle" colspan="16" style=" border:solid #000000 0.0px;width:430px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:300px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:68px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:79px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:68px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:43px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:300px;height:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="14" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:403px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Fair Value Measurements at December&#160;31, 2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:300px;height:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:80px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:85px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(Level I)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:81px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(Level II)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:64px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(Level&#160;III)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Cash and cash equivalents</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">163,412</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">163,412</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Restricted cash</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">13,480</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">13,480</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Loan receivable from affiliate companies⁽²⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">16,474</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">16,474</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:6px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Senior and ship mortgage notes</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(735,002</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:79px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(735,002</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Capital lease obligations, including current portion⁽¹⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(20,649</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(20,649</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Long-term debt, including current portion⁽¹⁾</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(233,526</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(233,526</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:300px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:43px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:300px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="middle" colspan="16" style=" border:solid #000000 0.0px;width:430px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000;">&#160;</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:20px;"><div style="text-indent:0.0px;text-align:right"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:698px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)The fair value of the Company's long-term debt/ Capital lease obligations is estimated based on currently available debt with similar contract terms, interest rates and remaining maturities, published quoted market prices as well as taking into account the Company's creditworthiness.</font></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:29px;height:21px;"><div style="text-indent:0.0px;text-align:right"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:18px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:67px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:17px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:70px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">135,992</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">13,480</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Investments in available-for-sale-securities</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,173</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Loan receivable from affiliate company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">16,474</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">16,474</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Long-term receivable from affiliate companies</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">11,105</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:70px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">11,105</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Capital lease obligations, including current portion</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(17,617</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:70px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(17,617</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(20,649</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(20,649</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Senior and ship mortgage notes, net</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,296,537</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:70px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(974,170</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,350,941</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(735,002</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Long-term debt, including current portion</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(304,682</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:70px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(308,080</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(230,367</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(233,526</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Loan payable to affiliate company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(49,876</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:70px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(51,240</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:289px;height:10px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Long-term payable to affiliate companies</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(6,399</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:70px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(6,399</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:409px;height:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Year</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:72px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">58,939</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:320px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; 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">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:320px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">Loan Facility Credit Agricole ($22,500)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:54px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:61px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">650,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:320px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:22px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:61px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">1,233,136</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div> <div style="margin-left: 11.7px;text-indent:-10.7px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:294px;height:13px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><i><b>Navios Logistics borrowings</b></i></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:89px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:99px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>2015</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:294px;height:13px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">2022 Logistics Senior Notes</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">375,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; 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">Navios Logistics BBVA Loan Facility</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">25,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:67px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:294px;height:13px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">Other long-term loans</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">321</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:67px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">390</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:294px;height:13px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">Total Navios Logistics borrowings</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">434,768</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:56px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:67px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:294px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:166px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="6" style=" border:solid #000000 0.0px;width:110px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:294px;height:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><i><b>Total</b></i></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:89px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>&#160;2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:99px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>&#160;2015</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:294px;height:13px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">Total borrowings</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">1,675,415</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; 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">)&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:294px;height:13px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">Less: deferred finance costs, net</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">(24,320</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">)&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:57px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">(27,218</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:19px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:294px;height:13px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; "><b>Total long-term borrowings</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:56px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:67px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td style="width:294px;"></td> <td style="width:50px;"></td> <td style="width:32px;"></td> <td style="width:56px;"></td> <td style="width:26px;"></td> <td style="width:2px;"></td> <td style="width:32px;"></td> <td style="width:57px;"></td> <td style="width:9px;"></td> <td style="width:8px;"></td> <td style="width:1px;"></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:325px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:41px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:325px;height:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:77px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:74px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:325px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:12.0px;color:#000000; 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"><b>Acropolis</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:8px;"><div style="text-align:center;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:10px;"><div style="text-align:center;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:41px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Navios Europe I</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:64px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-9.3px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">Revenue</font></div></td> <td valign="top" colspan="5" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:3px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">190,524</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">290,245</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">1,068</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="5" style=" border:solid #000000 0.0px;width:4px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">40,589</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="4" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">30,893</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="4" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">223,676</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">313,396</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="5" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">1,760</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:29px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">41,437</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="4" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">20,767</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="4" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">227,356</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">264,877</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">2,825</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">35,119</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:64px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-9.3px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">Net income/ (loss) before non-cash change in fair value of Junior Loan I and Junior Loan II</font></div></td> <td valign="top" colspan="5" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:3px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">(52,549</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">)&#160;</font></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">59,715</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">157</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="5" style=" border:solid #000000 0.0px;width:4px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">(2,174</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="4" style=" border:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">(25,062</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="4" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">41,805</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">84,796</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="5" style=" border:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">244</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:29px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">(1,347</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">)&#160;&#160;</font></td> <td valign="bottom" colspan="4" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">1,673</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="4" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">74,853</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">11,371</font></div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">1,298</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">(5,061</font></div></td><td valign="bottom"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">)</font></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:64px;"><div style="margin-left: 11.7px;text-indent:-9.3px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">Net income/(loss)</font></div></td> <td valign="bottom" colspan="5" style=" border:solid #000000 0.0px;width:5px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:5px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">(52,549</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:5px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">)&#160;&#160;</font></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">59,715</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="3" style=" border:solid #000000 0.0px;width:8px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:33px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">157</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="5" style=" border:solid #000000 0.0px;width:4px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">16,137</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="4" style=" border:solid #000000 0.0px;width:6px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:36px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">(34,059</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="4" style=" border:solid #000000 0.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:33px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">41,805</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:8px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">84,796</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="5" style=" border:solid #000000 0.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Navios</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>&#160;Partners</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:2px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="6" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:38px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Navios</b></font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Europe I</b></font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;"><div style="text-align:center;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Navios</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>&#160;Europe II</b></font></div></td> <td valign="bottom" colspan="4" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:112px;height:14px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-9.3px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">Cash and cash equivalents, including restricted cash</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">25,088</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:2px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">56,658</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:2px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">720</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:13px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:39px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">10,785</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">16,916</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:2px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">34,539</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:2px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">61,645</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:2px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" colspan="2" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">668</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:2px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:6px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" colspan="6" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">11,839</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">$</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">17,366</font></div></td> <td valign="top" colspan="4" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:112px;height:14px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-9.3px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">Current assets</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">56,349</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:2px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; ">107,282</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; 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">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:38px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:47px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:161px;height:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Description</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:64px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Within&#160;one</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;year</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:61px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Year&#160;Two</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:65px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Year&#160;Three</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Year&#160;Four</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Year&#160;Five</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:72px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Thereafter</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:58px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:161px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Trade name</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">3,853</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,811</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,811</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,818</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,811</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">44,013</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">59,117</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:161px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Favorable lease terms</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">641</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">641</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">641</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">641</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">641</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">804</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">4,009</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:161px;height:10px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Port terminal operating rights</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">895</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">990</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">990</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:47px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">38,135</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">42,990</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:161px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Customer relationships</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:38px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,775</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:38px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,775</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:38px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,775</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:38px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,775</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:36px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,775</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:47px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">10,644</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">19,519</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:161px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total amortization</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:26px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>7,164</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:38px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>6,217</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:57px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">3,853</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:284px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Port terminal operating rights</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:37px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:57px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">706</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:57px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,006</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:57px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,006</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:284px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Customer relationships</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:37px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:57px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,775</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:57px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,775</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:57px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,774</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:284px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Favorable lease terms</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:37px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:57px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">17,260</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:57px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">32,444</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:57px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">12,539</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:284px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Unfavorable lease terms</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:37px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:57px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(7,526</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:57px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(14,615</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:57px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(4,933</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:284px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:37px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:42px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:57px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>16,117</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:42px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:57px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>24,420</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:42px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:57px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>14,239</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:284px;height:4px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:37px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:42px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:57px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:42px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:57px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:35px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:42px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:57px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:188px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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border-bottom:solid #000000 1.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(70,937</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:36px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,189</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total Intangible assets</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>271,547</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(73,795</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:39px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(70,937</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>126,815</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Unfavorable lease terms(**)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(24,721</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">24,721</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:36px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>246,826</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(73,795</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:39px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:52px;background-color:#cceeff"><div style="text-align:right;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(46,216</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:36px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>126,815</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:188px;height:4px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:39px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div> <div style="text-indent:46.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Net Book Value of Intangible Assets/Liabilities other than Goodwill as at December&#160;31, 2015</b></font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:188px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="3" style=" border:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="3" style=" border:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(75,694</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:36px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">22,448</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" colspan="2" style=" border:solid #000000 0.0px;width:188px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total Intangible assets</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:27px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>347,241</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(121,090</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:50px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(75,694</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:36px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>150,457</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" colspan="2" style=" border:solid #000000 0.0px;width:188px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Unfavorable lease terms(**)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:25px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:27px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(56,419</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">17,195</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:46px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">31,698</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:36px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(7,526</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" colspan="2" style=" border:solid #000000 0.0px;width:188px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(103,895</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:50px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:46px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(43,996</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; 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">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:50px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:46px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:23px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:36px;height:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(*)</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(**)</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="top" colspan="31" style=" border:solid #000000 0.0px;width:691px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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style="width:151px;"></td> <td style="width:25px;"></td> <td style="width:0px;"></td> <td style="width:26px;"></td> <td style="width:2px;"></td> <td style="width:32px;"></td> <td style="width:15px;"></td> <td style="width:10px;"></td> <td style="width:16px;"></td> <td style="width:6px;"></td> <td style="width:4px;"></td> <td style="width:26px;"></td> <td style="width:0px;"></td> <td style="width:31px;"></td> <td style="width:18px;"></td> <td style="width:10px;"></td> <td style="width:14px;"></td> <td style="width:9px;"></td> <td style="width:1px;"></td> <td style="width:26px;"></td> <td style="width:22px;"></td> <td style="width:9px;"></td> <td style="width:36px;"></td> <td style="width:5px;"></td> <td style="width:6px;"></td> <td style="width:4px;"></td> <td style="width:18px;"></td> <td style="width:36px;"></td> <td style="width:45px;"></td> <td style="width:10px;"></td> <td style="width:63px;"></td> </tr> </table> <div><font style="font-family:Times New 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style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Value</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:361px;height:13px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2013</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,717,599</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font 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Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">123,541</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(68,333</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">55,208</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:361px;height:13px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,841,140</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(376,794</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,464,346</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font 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style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(70,894</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(70,894</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:361px;height:13px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,841,140</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(447,688</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,393,452</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:361px;height:13px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">60,115</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:51px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(73,847</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:56px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(13,732</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:361px;height:13px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Transfers</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">29,695</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:51px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:15px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:56px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">29,695</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:361px;height:13px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:20px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,930,950</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid 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style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:56px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,409,415</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td style="width:361px;"></td> <td style="width:20px;"></td> <td style="width:11px;"></td> <td style="width:56px;"></td> <td style="width:10px;"></td> <td style="width:19px;"></td> <td style="width:32px;"></td> <td style="width:51px;"></td> <td style="width:10px;"></td> <td style="width:19px;"></td> <td style="width:15px;"></td> <td style="width:56px;"></td> <td style="width:10px;"></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:324px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:59px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:52px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:68px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:324px;height:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Port Terminals (Navios Logistics)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:71px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Cost</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:83px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Accumulated</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Depreciation</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:82px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Net Book</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Value</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2013</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>103,030</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(17,082</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>85,948</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">3,369</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(3,385</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(16</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>106,399</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(20,467</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>85,932</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,287</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(3,431</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,144</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>108,686</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(23,898</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>84,788</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,051</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(3,493</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,442</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Transfers</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,513</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,513</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>109,224</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(27,391</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>81,833</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:324px;height:4px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; 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style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:96px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:107px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:106px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:324px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:96px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:107px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:106px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:324px;height:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;</b></font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Tanker vessels, barges and push boats (Navios Logistics)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:71px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Cost</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:83px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Accumulated</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Depreciation</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:82px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Net Book</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Value</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2013</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>368,626</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(93,782</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>274,844</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">96,387</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(17,355</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">79,032</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Write-off</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(47</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:52px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(47</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>464,966</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(111,137</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>353,829</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">6,188</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(20,007</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(13,819</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Restructure of capital lease</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(210</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(210</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>470,944</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(131,144</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>339,800</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">738</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(18,894</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(18,156</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Transfers</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">3,696</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:52px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">3,696</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>475,378</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(150,038</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>325,340</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:324px;height:4px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double 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style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>12,700</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times 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"><b>&#160;$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>7,527</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">887</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,378</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(491</font></div></td> <td valign="bottom" style=" border:solid 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valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(161</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:52px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">161</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>13,426</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 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border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>7,036</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">443</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,558</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,115</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>13,869</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(7,948</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>5,921</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,250</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,475</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">775</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Transfers</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(2,183</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(2,183</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>13,936</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(9,423</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>4,513</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div><div style="text-indent:0.0px;"></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:324px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:96px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:107px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="4" style=" border:solid #000000 0.0px;width:106px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:324px;height:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;</b></font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:71px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Cost</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:83px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Accumulated</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Depreciation</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:82px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Net Book</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;Value</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2013</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>2,201,955</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(424,498</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)&#160;</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,777,457</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">224,184</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(90,451</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">133,733</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Write-off</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(208</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">161</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(47</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>2,425,931</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(514,788</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,911,143</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">8,918</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(95,890</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(86,972</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Restructure of capital lease</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(210</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(210</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December&#160;31, 2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>2,434,639</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(610,678</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,823,961</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;background-color:#ccecff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Additions</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">65,154</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(97,709</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:68px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(32,555</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:324px;height:11px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Transfers</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:11px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">29,695</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#151;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New 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#000000 3.0px;width:31px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:52px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(708,387</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:14px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:68px;background-color:#ccecff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1,821,101</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#ccecff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>&#160;&#160;</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 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valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:31px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; 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Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:309px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:34px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:52px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:34px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:49px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:309px;height:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:34px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:84px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New 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style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">8,352</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:34px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">8,700</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 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style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Other</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:34px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,957</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; 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">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:34px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:52px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New 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style="font-family:Times New Roman;font-size:1.3px;color:#000000; ">&#160;</font></div></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:264px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:29px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:42px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:17px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:52px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New 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style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:72px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Balance at</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Beginning&#160;of</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Period</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:62px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Charges&#160;to</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Costs and</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Expenses</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:72px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Amount</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Utilized</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-align:center;text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:61px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Balance at</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>End of</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>Period</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:264px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Year ended December&#160;31, 2014</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(26,457</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New 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style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:264px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Year ended December&#160;31, 2015</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(18,464</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(59</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">245</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(18,278</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:264px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Year ended December&#160;31, 2016</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:29px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(18,278</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:17px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(1,304</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:15px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:52px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">145</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:42px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(19,437</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:316px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:45px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:316px;height:19px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:77px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;2016</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:77px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>December&#160;31,</b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>&#160;2015</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:316px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Accounts receivable</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">85,266</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">83,091</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:316px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Less: provision for doubtful receivables</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(19,437</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:32px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:45px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(18,278</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:316px;height:12px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Accounts receivable, net</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>65,829</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; 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style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:32px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:45px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">85,570</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:317px;height:12px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New 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valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 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Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;"><div 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Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div 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Roman;font-size:13.3px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td 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style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:8px;"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Aramis Navigation Inc.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:144px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Vessel Owning Company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div 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0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Panama</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Navios GP L.L.C.</font></div></td> <td valign="bottom" style=" border:solid #000000 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valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New 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Corp.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:144px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Vessel Owning Company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 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style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font 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style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid 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">&#160;</font></div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; ">&#160;</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:11px;background-color:#cceeff"><div style="margin-left: 11.7px;text-indent:-10.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Faith Marine Ltd.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:144px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Vessel Owning Company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Liberia</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#cceeff"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 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Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Delaware</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:73px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 - 12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:7px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid 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valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;background-color:#cceeff"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#cceeff"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;background-color:#cceeff"><div 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">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:144px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Operating Company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">&#160;&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:75px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1/1 -&#160;12/31</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:12px;"><div 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valign="middle" style=" border:solid #000000 0.0px;width:1px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:1px;background-color:#ccecff"><div style="text-indent:0.0px;">&#160;</div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:188px;height:8px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Esmeralda Shipping Corporation</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:144px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Vessel Owning Company</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:55px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">100</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:16px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%&#160;</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;">&#160;</div></td> <td valign="top" style=" border:solid #000000 0.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Is.</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;">&#160;</div></td> <td 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(a consolidated subsidiary) of all its obligations to Vitol S.A. up to $12,000. This guarantee expires on March 1, 2018. 2009-10-29 2014-06-27 2 60 months 3095000 -7881000 2013-03-12 1.01 0.65 375000000 375000000 650000000 650000000 350000000 291094000 0 3081000 20 2908 -27039000 191814000 3.64 1.2 1.2 0.6 0 0 1134000 -1134 0 47846000 115756000 9319 16960 24970 2540000 1151052 818000 16 4275000 32847000 21799000 14300000 16177000 8764000 220000 14760000 492000 16 5 5 0.0255 2 quarterly quarterly LIBOR plus 255 basis points 345000 0 0 0 -34921000 -7882000 -151593000 -91173000 -60420000 -237498000 -91658000 -145840000 27082000 86069000 24240000 89399000 27837000 85823000 Black-Scholes method 0.334 0.333 0.333 112803000 30093000 5173000 0 9061000 19739000 8750 7400 6700 5250 4200 4100 11400 650000000 563000 5625000 5 semi-annual 5625000 4 semi-annual 563000 22500000 0.03 LIBOR plus 300 basis points 2013-12-20 40000000 20000000 97709000 792000 59000 1304000 14300000 16177000 21799000 1000000 8 quarterly 0.0325 LIBOR plus 325 basis points 16000000 2013-09-30 26000000 30000000 LIBOR plus 275 basis points 0.0275 0.036 LIBOR plus 360 basis points LIBOR plus 285 basis points 0.0285 42000000 2012-03-23 2 54500000 4 60000000 240000000 2009-06-30 16 quarterly 835000 6495000 53600000 18750000 469000 quarterly 14 6354000 269000 quarterly 14 14400000 362000 quarterly 13 23000000 2011-12-31 11 0.0325 LIBOR plus 325 basis points semi-annual 700000 15150000 7450000 23000000 2011-08-31 11 LIBOR plus 275 basis points 0.0275 semi-annual 681000 7264000 0.03 LIBOR plus 300 basis points 2014-11-06 40000000 2010-09-30 9 0.0275 LIBOR plus 275 basis points semi-annual 1206000 18880000 8030000 31000000 450000 24 quarterly 16600000 P20Y 104096000 56240000 104096000 P3Y 1/1 - 12/31 1/1 - 12/31 6800000 0 0 3408 1755017 3538 812847 3089 1058903 -18156000 -1442000 -1144000 -13732000 624000 710000 472000 9275000 9740000 11976000 0.3 0.5 7950425 3437148 26628000 87197000 25087000 79603000 0 27969000 92341000 625000 3571000 4196000 2051000 8402000 10453000 1398000 1609000 211000 2231000 145000 2376000 7327000 11602000 7125000 7125000 19075000 9100000 0.127 8734000 25 25 2500 2500 14 0.4 4000000 2014-12-29 2015-12-31 0 0 LIBOR plus 300 basis points 5278000 2621000 1833000 13680000 11846000 0.25 17791000 8785000 245000 145000 1/1 - 12/31 1/1 - 12/31 5935 29018 5935 48000 20000 14551 0.0022 0.5878 130578 6000 5300000 13802000 21635000 0.06 7344000 51539000 54368000 17634000 321000 0.06 monthly 1.01 0 0 1.01 8752000 0 210000 0 6800000 0 14000000 14 -34059000 30893000 184530000 24126000 232363000 19487000 1501000 3032000 5150000 5325000 January 2020 April 2020 29484000 0.151 5154000 340 1 1 Marshall Is. Marshall Is. Operating Company Operating Company 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 818000 818000 818000 948584 445000 0 -1871000 -5726000 0 252000 818000 0 14142000 22694000 40216000 37781000 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. 0 8887000 0 P6Y 1820000 P5Y 1014000 1500000 P6Y 800000 1300000 800000 760000 1000000 760000 7314000 9427000 7608000 6090000 6205000 7751000 76000 76000 943000 1044000 6522556 5935000 1698569 3411270 0.05 0.05 0.01 0.1 0.34 0.05 0.01 0.35 0.1 Under the first option income tax liabilities for the current and prior periods are measured at the amount expected to be paid to the taxation authorities, by applying the tax rate of 10% on the fiscal profit and loss. 50% of revenues derived from international freights are considered Paraguayan sourced (and therefore taxed) if carried between Paraguay and Argentina, Bolivia, Brazil or Uruguay. Alternatively, only 30% of revenues derived from international freights are considered Paraguayan sourced. 10889000 3484000 365668000 3484000 -4465000 7555000 10200000 5087000 -10351000 3000 10360000 182000 182000 -1782000 -1782000 59209000 56504000 50359000 23527000 20862000 20855000 97866000 17613000 20383000 95336000 20098000 95827000 300000 300000 9500 9500 10000 7000 6000 P5Y P6Y 2016-11-18 P6Y P2Y 2020-05-31 28162000 39727000 1711000 12000 7600 12500 12000 22287000 18268000 15763000 14343000 7944000 10070000 8198000 8868000 6895000 2748000 2804000 2508000 111386000 134364000 84114000 10933000 12000000 590000 590000 P7Y P2Y P3Y -193000 -159828 23008000 -308080000 -17617000 -974170000 5386000 135992000 23008000 -308080000 -17617000 -974170000 5386000 135992000 16474000 -233526000 -20649000 -735002000 13480000 163412000 16474000 -233526000 -20649000 -735002000 13480000 163412000 1296537000 0 11105000 16474000 23008000 5173000 0 13480000 5386000 163412000 135992000 -233526000 -308080000 -735002000 -974170000 -20649000 -17617000 0 11105000 16474000 23008000 13480000 5386000 163412000 135992000 40476000 21291000 1675415000 1608526000 375390000 434768000 321000 1233136000 1240647000 29200000 27400000 32000000 28000000 18563000 16313000 58939000 54540000 16550000 16117000 14755000 19857000 0.0725 0.35 1.0725 1.05438 1 -22495000 -27281000 0.0925 1.05531 0.07375 2013-11-29 0.08125 350000000 2011-01-28 1783000 5967000 5497000 10000000 5894000 -14000 1303000 1293000 10 On an ongoing basis, Navios Europe II is required to distribute cash flows (after payment of operating expenses, amounts due pursuant to the terms of the Senior Loans II) according to a defined waterfall calculation. On an ongoing basis, Navios Europe I is required to distribute cash flows (after payment of operating expenses and amounts due pursuant to the terms of the Senior Loans I) according to a defined waterfall calculation. 4675000 124062000 0.5 14967000 22868 1120547 60214000 4600000 24033000 11230000 6325000 2233000 -1896000 35119000 120735000 Q3 2017 16156000 14770000 2006 2014 76,596 dwt 181,336 dwt 179,515 dwt 2012 31000000 20539000 2014-11-24 30000000 24368000 3484000 2014-06-04 11250000 2900000 2014-01-27 2013-10-25 161000 -208000 7527000 5173000 12700000 274844000 93782000 368626000 73847000 95890000 90451000 1475000 1558000 1378000 18894000 20007000 17355000 3493000 3385000 70894000 68333000 0.147 0.0875 0.08625 10 14 10 0.3 25 25 Each of the shares represents 1/100th of a share of the Series G, with a liquidation preference of $2,500.00 per share ($25.00 per American Depositary Share). Dividends are payable quarterly in arrears on the Series G at a rate of 8.75% per annum and on the Series H at a rate of 8.625% per annum of the stated liquidation preference. At any time on or after January 28, 2019, the Series G may be redeemed at the Company's option and at any time on or after July 8, 2019, the Series H may be redeemed at the Company's option (and the American Depositary Shares can be caused to be redeemed), in whole or in part, out of amounts legally available therefore, at a redemption price of $2,500.00 per share (equivalent to $25.00 per American Depositary Share) plus an amount equal to all accumulated and unpaid dividends thereon to the date of redemption, whether or not declared. The Company has accounted for these shares as equity. Each of the shares represents 1/100th of a share of the Series G, with a liquidation preference of $2,500.00 per share ($25.00 per American Depositary Share). Dividends are payable quarterly in arrears on the Series G at a rate of 8.75% per annum and on the Series H at a rate of 8.625% per annum of the stated liquidation preference. At any time on or after January 28, 2019, the Series G may be redeemed at the Company's option and at any time on or after July 8, 2019, the Series H may be redeemed at the Company's option (and the American Depositary Shares can be caused to be redeemed), in whole or in part, out of amounts legally available therefore, at a redemption price of $2,500.00 per share (equivalent to $25.00 per American Depositary Share) plus an amount equal to all accumulated and unpaid dividends thereon to the date of redemption, whether or not declared. The Company has accounted for these shares as equity. 2500 2500 4800000 2000000 The Company sponsors a 401(k) retirement savings plan, which is categorized as a defined contribution plan. The plan is available to full time employees who meet the plan's eligibility requirements. The plan permits employees to make contributions up to 15% of their annual salary with the Company matching up to the first 6%. The Company makes monthly contributions (matching contributions) to the plan based on amounts contributed by employees. Subsequent to making the matching contributions, the Company has no further obligations. The Company may make an additional discretionary contribution annually if such a contribution is authorized by the Board of Directors. The plan is administered by an independent professional firm that specializes in providing such services. The amount of compensation is based on the number of years of service and the amount of remuneration at the date of dismissal or retirement up to a maximum of two years' salary. If the employees remain in the employment of the Company until normal retirement age, they are entitled to retirement compensation which is equal to 40% of the compensation amount that would be payable if they were dismissed at that time. The number of employees that will remain with the Company until retirement age is not known. 3.64 0.06 0 0 1945000 1646000 1600000 0.35 0.475 0.51 0.475 0.49 0.475 0 0.05 0.5 0.475 0.5 0 0.05 0.5 0.475 0.5 0.475 0.434 0.461 0.02 0.2 0.638 1266510000 113547000 1152963000 -578000 432065000 721465000 11000 0 105831718 75069 35811000 35811000 35811000 24248 8258000 8258000 8258000 184937 3484000 3484000 3484000 5087000 -10351000 0 14300000 16177000 21799000 32847000 0 16177000 0 14300000 0 21799000 2615000 0.2 0.0013 0.4148 -348520 7502000 25228000 16025000 19325000 3681000 0 1 1 1 1/1 - 12/31 Marshall Is. 1/1 - 12/31 Marshall Is. 1/1 - 12/31 Marshall Is. Vessel Owning Company Vessel Owning Company Sub-Holding Company 0.0718 19158000 643000 2233000 11000000 1528000 136891000 23008000 21799000 16177000 14300000 Five years after the issuance date, 30.0% of the then-outstanding shares of Preferred Stock shall automatically convert into shares of common stock at a conversion price equal to $10.00 per share of common stock with the remaining balance of the then-outstanding shares of Preferred Stock being converted into shares of common stock under the same terms 10 years after their issuance date. At any time following the third anniversary from their issuance date, if the closing price of the common stock has been at least $20.00 per share, for 10 consecutive business days, the remaining balance of the then-outstanding preferred shares shall automatically convert at a conversion price equal to $14.00 per share of common stock. The holders of Preferred Stock are entitled, at their option, at any time following their issuance date and prior to their final conversion date, to convert all or any such then-outstanding preferred shares into common stock at a conversion price equal to $14.00 per common stock. 2639000 -345000 -345000 -46867000 6483000 40384000 15344310 1612890000 2564000 344453000 160336000 3127697000 247556000 5515000 40737000 2022-05-01 699994 0 0 517812000 92488000 51924000 73663000 85001000 104091000 110645000 375000000 131144000 2156000 4705000 0.0144 2014-04-22 After the purchase by the Logistics Co-Issuers of all of the 2019 Logistics Senior Notes validly tendered and not validly withdrawn prior to the consent payment deadline, the Logistics Co-Issuers redeemed for cash all the 2019 Logistics Senior Notes that remained outstanding after the completion of the Tender Offer, plus accrued and unpaid interest to, but not including, the redemption date. The indenture governing the 2022 Logistics Senior Notes contains covenants which, among other things, limit the incurrence of additional indebtedness, issuance of certain preferred stock, the payment of dividends in excess of 6% per annum of the net proceeds received by or contributed to Navios Logistics in or from any public offering, redemption or repurchase of capital stock or making restricted payments and investments, creation of certain liens, transfer or sale of assets, entering into transactions with affiliates, merging or consolidating or selling all or substantially all of Navios Logistics properties and assets and creation or designation of restricted subsidiaries. The Logistics Co-Issuers have the option to redeem the 2022 Logistics Senior Notes in whole or in part, at their option, at any time (i) before May 1, 2017, at a redemption price equal to 100% of the principal amount plus the applicable make-whole premium plus accrued and unpaid interest, if any, to the redemption date and (ii) on or after May 1, 2017, at a fixed price of 105.438%, which price declines ratably until it reaches par in 2020. At any time before May 1, 2017, the Logistics Co-Issuers may redeem up to 35% of the aggregate principal amount of the 2022 Logistics Senior Notes with the net proceeds of an equity offering at 107.250% of the principal amount of the 2022 Logistics Senior Notes, plus accrued and unpaid interest, if any, to the redemption date so long as at least 65% of the originally issued aggregate principal amount of the 2022 Logistics Senior Notes remains outstanding after such redemption. In addition, upon the occurrence of certain change of control events, the holders of the 2022 Logistics Senior Notes will have the right to require the Logistics Co-Issuers to repurchase some or all of the 2022 Logistics Senior Notes at 101% of their face amount, plus accrued and unpaid interest to the repurchase date. As of December 31, 2016, the facility is repayable in 24 quarterly installments of $450, with a final balloon payment of $16,600 on the last repayment date. As of December 31, 2016, the outstanding amount under the loan facility was repayable in 11 semi-annual equal installments of $700 after the drawdown date, with a final balloon payment of $7,450 on the last payment date. As of December 31, 2016, the facility is repayable in 11 semi-annual equal installments of $681, with a final balloon payment of $7,264 on the last payment date. 90000000 1.0375 0 0.461 0.434 1777457000 133733000 1911143000 1823961000 1821101000 4513000 5921000 7036000 325340000 339800000 353829000 81833000 84788000 85932000 85948000 1409415000 1393452000 1464346000 55208000 1409138000 738000 9408000 126584000 77842000 85570000 1 1 1 1 1/1 - 12/31 1/1 - 12/31 Marshall Is. Marshall Is. Marshall Is. Marshall Is. Vessel Owning Company Vessel Owning Company Vessel Owning Company Vessel Owning Company 133000 133000 445000 445000 10594000 10594000 225000 0 0 2259000 1356000 645000 0 0 163602000 -11553000 -1782000 -345000 45337000 26713000 86911000 10970000 24840000 11096000 -6446000 -375000 4313000 5933000 -8079000 4046000 107000 -20588000 2350000 168000 -198000 2906000 22179000 30398000 -219417000 -4786000 0 29187000 1896000 18464000 26457000 18278000 19437000 -5861000 8045000 3674000 8045000 3674000 -6043000 -4465000 -7327000 -4275000 -7327000 0.0698 0.0687 -18277000 7182000 -16325000 55869000 -12256000 42612000 69000 363000 10594000 -959000 153556 P2Y6M19D P2Y5M13D P2Y0M0D P1Y4M0D P4Y4M28D P4Y2M23D P4Y7M20D P4Y9M21D 6100000 -12000 3048000 8186000 -15000 5746000 3048000 10899000 -19000 4278000 11220000 1175353 2540000 1.2 552000 1084000 1.2 3.64 1000000 1123003 -143189 14782000 179023000 182537000 15377000 -1118000 41437000 1700493 0.02 73795000 0 73795000 6359000 15971000 10162000 41303000 103895000 -17195000 121090000 60037000 14196000 9456000 37401000 1 1 1 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Sub-Holding Company 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 475378000 521535000 447688000 376794000 308461000 27391000 23898000 20467000 17082000 150038000 111137000 9423000 7948000 6390000 708387000 610678000 514788000 424498000 Concentration of credit risk with respect to accounts receivable is limited due to the Company's large number of customers, who are internationally dispersed and have a variety of end markets in which they sell. Due to these factors, management believes that no additional credit risk beyond amounts provided for collection losses is inherent in the Company's trade receivables. 83091000 85266000 952000 1127000 2157000 3129000 0.02 straight line straight line straight line P10Y P32Y 84 months 2334000 5843000 0.992 0.008 590000 1890000 590000 P45Y P12Y P21Y shorter of lease term or 6 years 35350000 35350000 35350000 600000 600000 600000 2908 24970 9319 73949000 136891000 10200000 0 0 678287000 1628021000 306051000 300620000 1621539000 988960000 18244000 14595000 The credit facilities contain a number of restrictive covenants that limit Navios Holdings and/or certain of its subsidiaries from, among other things: incurring or guaranteeing indebtedness; entering into affiliate transactions; charging, pledging or encumbering the vessels securing such facilities; changing the flag, class, management or ownership of certain Navios Holdings' vessels; changing the commercial and technical management of certain Navios Holdings' vessels; selling or changing the ownership of certain Navios Holdings' vessels; and subordinating the obligations under the credit facilities to any general and administrative costs relating to the vessels. The credit facilities also require the vessels to comply with the ISM Code and ISPS Code and to maintain valid safety management certificates and documents of compliance at all times. Additionally, the credit facilities require compliance with the covenants contained in the indentures governing the 2019 Notes and the 2022 Notes. Among other events, it will be an event of default under the credit facilities if the financial covenants are not complied with or if Angeliki Frangou and her affiliates, together, own less than 20% of the outstanding share capital of Navios Holdings. 0 0 -70937000 -46216000 5979000 15462000 36959000 As of December 31, 2016, the first tranche is repayable in 13 quarterly installments of $362, with a final balloon payment of $14,400 on the last repayment date, the second tranche is repayable in 14 quarterly installments of $269, with a final balloon payment of $6,354 on the last repayment date and the third tranche is repayable in 14 quarterly installments of $469, with a final balloon payment of $18,750 on the last repayment date. The loan facility bears interest at a fixed rate of 600 basis points. The loan is repayable in monthly installments of $6 each and the final repayment must occur prior to August 10, 2021. 22551000 17877000 21325000 22433000 36580000 12002000 39778000 17607000 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Delaware Operating Company 1/1 - 12/31 1/1 - 12/31 Delaware Operating Company 1/1 - 12/31 1/1 - 12/31 Liberia Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Panama Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Liberia Operating Company 1/1 - 12/31 1/1 - 12/31 Liberia Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Vessel Owning Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Management Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Sub-Holding Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Luxembourg Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Belgium Operating Company/Vessel Owning Company/Management Company 1/1 - 12/31 1/1 - 12/31 Malta Sub-Holding Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Management Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Sub-Holding Company 1/1 - 12/31 1/1 - 12/31 Malta Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Operating Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Sub-Holding Company 1/1 - 12/31 1/1 - 12/31 Marshall Is. Holding Company 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 1/1 - 12/31 The 2019 Co-Issuers have the option to redeem the 2019 Notes in whole or in part, at a fixed price of 104.063% of the principal amount, which price declines ratably until it reaches par in February 2017, plus accrued and unpaid interest, if any. In addition, upon the occurrence of certain change of control events, the holders of the 2019 Notes will have the right to require the 2019 Co-Issuers to repurchase some or all of the 2019 Notes at 101% of their face amount, plus accrued and unpaid interest to the repurchase date. -119731000 -190705000 71262000 14005000 23425000 72924000 11344000 26513000 73272000 7327000 27546000 817000 2019-04-15 200000000 2011-04-12 171171000 52829000 86793000 83933000 35571000 167647000 43299000 19513000 16137000 40589000 155387000 18490000 169925000 15980000 508000 1189000 1921000 2687000 0 184000 9919000 9892000 13988000 13783000 29038000 9892000 74218000 71027000 74573000 -1649000 133000 1521000 1307000 2468000 P3Y1M5D 4.5 years 6217000 7164000 6217000 6224000 6217000 93596000 3853000 804000 44013000 10644000 38135000 641000 2811000 1775000 990000 641000 2818000 1775000 990000 641000 2811000 1775000 990000 641000 2811000 1775000 990000 641000 1775000 895000 14595000 18244000 14595000 14595000 18244000 0 0 3681000 -91173000 -59392000 4262000 305000 367568000 81507000 104096000 599514000 14194000 569000 251048000 366709000 1246181000 0 2564000 71931000 175625000 0 344453000 104096000 56240000 602594000 2525103000 -10662000 -45541000 57751000 291000 5224000 268774000 300242000 427949000 65182000 0 669369000 6483000 0 815000 220336000 Navios Holdings has a 50% interest in Acropolis, a brokerage firm for freight and shipping charters. Although Navios Holdings owns 50% of Acropolis' stock, Navios Holdings agreed with the other shareholder that the earnings and amounts declared by way of dividends will be allocated 35% to the Company with the balance to the other shareholder. 125635000 29801000 3446000 3446000 3446000 0 0 0 4567000 0 60115000 0 -244888000 -36499000 -150565000 68620000 8208000 123541000 0 2233000 22846000 3032000 1405000 39332000 38667000 -38667000 18237000 136301000 192820000 15875000 54935000 65182000 2486000 32916000 32913000 2362000 6186000 409489000 1641863000 292209000 137218000 11978000 10875000 11105000 1863014000 1803360000 747453000 1881251000 1939661000 940273000 892000 54731000 29915000 32025000 43823000 15901000 4666000 4517000 23476000 6351000 224731000 41947000 59323000 14978000 11526000 978233000 269693000 449633000 1202964000 311640000 508956000 125266000 1881251000 1939661000 940273000 3674000 982000 283000 -303378000 -303378000 445000 100000 -303823000 -303823000 -303823000 -204864000 -52092000 75000 84337000 26628000 14294000 5286000 5715000 76000000 51396000 59589000 115483000 9104000 5430000 5430000 9104000 10086000 -1053000 11139000 -9261000 220336000 -45369000 -45369000 445000 100000 -45814000 -45814000 -45531000 3138000 -55152000 14392000 199446000 24033000 29529000 544065000 1409415000 1651095000 4947000 1223146000 2486000 70810000 160071000 56240000 2083526000 -310306000 -202779000 4132000 199446000 73073000 109267000 6218000 10888000 220336000 3446000 0.78 0.0181 0.8471 0 0 69000 The two tranches are repayable in four and five equal semi-annual installments of $563, respectively, with a final balloon payment of $5,625 on the last repayment date for each tranche respectively. The facility bears interest at a rate of LIBOR plus 325 basis points. As of December 31, 2016, the facility is repayable in 8 quarterly installments of $1,000, with a final balloon payment of $20,000 payable on the last repayment date. Furthermore, upon occurrence of certain change of control events, the holders of the 2022 Notes may require the 2022 Co-Issuers to repurchase some or all of the notes at 101% of their face amount. The 2022 Notes contain covenants, which among other things, limit the incurrence of additional indebtedness, issuance of certain preferred stock, the payment of dividends, redemption or repurchase of capital stock or making restricted payments and investments, creation of certain liens, transfer or sale of assets, entering into certain transactions with affiliates, merging or consolidating or selling all or substantially all of the 2022 Co-Issuers' properties and assets and creation or designation of restricted subsidiaries. The 2022 Co-Issuers were in compliance with the covenants as of December 31, 2016. The guarantees of the Company's subsidiaries that own mortgaged vessels are senior secured guarantees and the guarantees of the Company's subsidiaries that do not own mortgaged vessels are senior unsecured guarantees. In addition, the 2022 Co-Issuers have the option to redeem the 2022 Notes in whole or in part, at any time on or after January 15, 2017, at a fixed price of 105.531%, which price declines ratably until it reaches par in 2020. 139000 4502534 3.2 8796246 9804000 6941000 1707000 5092000 266000 21394000 2217000 36273000 14730000 -2588000 157000 1068000 290245000 59715000 -52549000 190524000 0 1048767000 489421000 413000 79421000 98950000 84000 1596337000 1212231000 986000 107282000 56349000 124062000 85000 105000 0.0146 0.4706 0.5517 3902000 16117000 17260000 1775000 706000 126815000 246826000 126815000 271547000 5189000 82485000 19519000 35490000 42990000 53152000 59117000 100420000 49504 117131407 0 12000 678531000 -256000 0 678287000 125266000 803553000 105664000 157640000 70375000 177507000 133000 10594000 263304000 247882000 175072000 1501000 1399000 3032000 10594000 133000 30790000 109552000 324765000 72103000 29021000 1109184000 13768000 13340000 12263000 2844000 50000 1223000 5578000 49000 109550000 108488000 1423147000 468842000 As of December 31, 2016, the outstanding amount under the loan facility was repayable in 11 semi-annual equal installments of $700 after the drawdown date, with a final balloon payment of $7,450 on the last payment date. 5578000 5578000 1930950000 109224000 13936000 2529488000 84766000 173100000 30299000 5524000 275327000 87658000 109347000 22317000 7752000 253746000 2051000 2250000 65154000 105896235 103476614 3711678 49504 5139030 1399000 68433000 172000 -14638000 9593000 64770000 7881000 327000 32730000 69000 20692000 35350000 35987000 77085000 33769000 67492000 86570000 3576000 -11508000 -28567000 -11114000 17183000 -18711000 1528000 -18419000 -65862000 -6842000 -64387000 -29332000 9575000 14580000 -155377000 -104091000 -71968000 69731000 2237000 59547000 112306000 76437000 71932000 98539000 -6043000 -276000 360000 25087000 78025000 76792000 20483000 52039000 72000 2811000 8045000 -3551000 397000 -83188000 82026000 14008000 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-126204000 -11470000 251048000 229772000 2370000 1581308000 299772000 1801000 61484000 -148306000 2359299000 56240000 381746000 81905000 13480000 1213740000 199000 107787000 14239000 24420000 142931000 -43996000 290822000 805000 76883000 0 76641000 0 64191000 0 52569000 86512000 6489000 30898000 1067598000 9209000 8410000 8769000 96000 101000 14000 17000 5591000 1.14 0.55 0 4.09 4.57 3720959 1997344 1883983 6644766 5804594 5.5 9241000 518000 4162000 519000 2825000 264877000 227356000 1760000 313396000 0 1143922000 576548000 447000 82798000 41528000 73000 1676742000 1310456000 1117000 97349000 271000 454000 175000 1480000 253286000 30043000 27993000 32300000 115432000 0 22705000 3311000 37628000 11021000 1298000 11371000 74853000 244000 84796000 41805000 223676000 39835000 42990000 19519000 4009000 59117000 150457000 22448000 21294000 43696000 63019000 31698000 -75694000 -75694000 0 0 0 347241000 158179000 35490000 53152000 100420000 -4933000 -14615000 12539000 32444000 1774000 1775000 1006000 1006000 3853000 3811000 3664000 11078000 2201955000 2434639000 8918000 2425931000 224184000 13869000 443000 13426000 887000 470944000 6188000 464966000 96387000 3369000 103030000 108686000 2287000 106399000 1717599000 1841140000 1841140000 8352000 9822000 4279000 8700000 123541000 121592000 28489000 8548000 12669000 24443000 988960000 -445000 262603000 726791000 11000 73935 1189335000 123640000 1065695000 -11172000 524079000 552778000 10000 0 110468753 8479 104261029 110468753 73935 250000000 110468753 0.0001 1000000 73935 0.0001 117131407 49504 250000000 117131407 0.0001 1000000 0.0001 Navios Maritime Holdings Inc. 104690000 -27281000 569016000 1265000 -3154000 84000 10889000 0 0 290000000 365668000 0 3681000 32730000 35350000 40737000 20761000 36056000 0 -210000 0 694000 139000 92000 92776000 108461000 108380000 187831000 -27420000 -84144000 59725000 248290000 -91123000 86225000 643000 0 0 -355000 -11114000 11000000 0 72250000 0 116331000 56323000 43478000 36920000 -8509000 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72605000 2958813000 2655854000 160336000 150457000 3542000 381746000 1823961000 302959000 28896000 2752895000 125266000 678287000 -256000 65829000 678531000 12000 1949342000 1697559000 11526000 43388000 0 14978000 251783000 29827000 2639000 9183000 91749000 85538000 2752895000 2479755000 160336000 126815000 2647000 160071000 1821101000 273140000 No Accelerated Filer Yes 2016-12-31 No --12-31 FY 2016 false 20-F 0001333172 NM