Accrued Expenses and Other Liabilities
12 Months Ended
Dec. 31, 2017
ACCRUED EXPENSES AND OTHER LIABILITIES [Abstract]  
ACCRUED EXPENSES AND OTHER LIABILITIES

NOTE 9: ACCRUED EXPENSES AND OTHER LIABILITIES

Accrued expenses and other liabilities as of December 31, 2017 and 2016 consisted of the following:

 

 

 

 

 

 

 

 

 

 

  

December 31,

2017

 

  

December 31,

2016

Payroll

  

$

18,889

 

  

$

14,730

Accrued interest

  

 

32,555

 

  

 

36,273

Accrued voyage expenses

  

 

4,843

 

  

 

2,217

Accrued running costs

  

 

23,812

 

  

 

21,394

Provision for estimated losses on vessels under time charter

  

 

2,631

 

  

 

3,129

Audit fees and related services

  

 

364

 

  

 

266

Accrued taxes

  

 

5,376

 

  

 

5,092

Professional fees

  

 

2,236

 

  

 

1,707

Other accrued expenses

  

 

4,153

 

  

 

6,941

Total accrued expenses

  

$

94,859

 

  

$

91,749