Consolidation of Navios Containers (Tables)
12 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]  
Fair value of Navios Containers' outsantading shares, assets and liabilities and noncontrolling interest

Fair value of Navios Containers’ outstanding shares:

 

 

Fair value of Navios Holdings’ interest (3.7%)

 

6,269

Fair value of noncontrolling interest (96.3%)

$

     165,474

Total fair value of Navios Containers’ outstanding shares

 

  171,743

Fair value of Navios Containers’ assets and liabilities:

 

 

Current assets (including cash and restricted cash of $24,400)

 

27,705

Vessels

 

376,133

Favorable lease terms

 

31,342

Long term receivable from affiliate companies

 

  7,313

Other long term assets

 

1,099

Long term debt assumed (including current portion)

 

(199,000)

Current liabilities

 

(14,727)

Fair value of Navios Containers’ net assets

 

  229,865

Bargain gain upon obtaining control

$

    58,122

 

Schedule of acquired intangible assets

 

 

Weighted Average Amortization (years)

Amortization

per Year

Favorable lease terms

  

1.4

$

(22,391)