CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands |
Dec. 31, 2017 |
Dec. 31, 2016 |
| Current assets |
|
|
| Cash and cash equivalents |
$ 127,632
|
$ 135,992
|
| Restricted cash |
6,558
|
5,386
|
| Accounts receivable, net |
60,331
|
65,829
|
| Due from affiliate companies |
4,002
|
8,548
|
| Inventories |
30,170
|
28,489
|
| Prepaid expenses and other current assets |
27,383
|
28,896
|
| Total current assets |
256,076
|
273,140
|
| Deposits for vessels, port terminals and other fixed assets |
36,849
|
136,891
|
| Vessels, port terminals and other fixed assets, net |
1,809,225
|
1,821,101
|
| Deferred dry dock and special survey costs, net |
32,945
|
37,781
|
| Loan receivable from affiliate companies |
30,112
|
23,008
|
| Long-term receivable from affiliate companies |
0
|
11,105
|
| Investments in affiliates |
183,160
|
160,071
|
| Other long-term assets |
4,856
|
2,647
|
| Intangible assets other than goodwill |
116,422
|
126,815
|
| Goodwill |
160,336
|
160,336
|
| Total non-current assets |
2,373,905
|
2,479,755
|
| Total assets |
2,629,981
|
2,752,895
|
| Current liabilities |
|
|
| Accounts payable |
79,671
|
85,538
|
| Accrued expenses and other liabilities |
94,859
|
91,749
|
| Deferred income and cash received in advance |
11,030
|
9,183
|
| Due to affiliate companies |
16,749
|
32,847
|
| Current portion of capital lease obligations |
0
|
2,639
|
| Current portion of long-term debt, net |
33,885
|
29,827
|
| Total current liabilities |
236,194
|
251,783
|
| Senior and ship mortgage notes, net |
1,301,999
|
1,296,537
|
| Long-term debt, net of current portion |
346,604
|
274,855
|
| Capital lease obligations, net of current portion |
0
|
14,978
|
| Other long-term liabilities and deferred income |
43,382
|
43,388
|
| Loan payable to affiliate company |
0
|
49,876
|
| Long-term payable to affiliate companies |
76,872
|
6,399
|
| Deferred tax liability |
7,766
|
11,526
|
| Total non-current liabilities |
1,776,623
|
1,697,559
|
| Total liabilities |
2,012,817
|
1,949,342
|
| Commitments and contingencies |
|
|
| Stockholders' equity |
|
|
| Preferred Stock - $0.0001 par value, authorized 1,000,000 shares, 46,302 and 49,504 issued and outstanding as of December 31, 2017 and 2016, respectively. |
0
|
0
|
| Common stock - $0.0001 par value, authorized 250,000,000 shares, 120,386,472 and 117,131,407 issued and outstanding as of December 31, 2017 and 2016, respectively. |
12
|
12
|
| Additional paid-in capital |
682,105
|
678,531
|
| Accumulated other comprehensive income |
2
|
0
|
| Accumulated deficit |
(166,021)
|
(256)
|
| Total Navios Holdings stockholders' equity |
516,098
|
678,287
|
| Noncontrolling interest |
101,066
|
125,266
|
| Total stockholders' equity |
617,164
|
803,553
|
| Total liabilities and stockholders' equity |
$ 2,629,981
|
$ 2,752,895
|