| Discontinued Operations - Net Income/(Loss) from Discontinued Operations (Table) |
| |
|
|
|
|
|
|
|
|
| |
|
Year Ended December 31, 2022 |
|
|
Year Ended December 31, 2021 |
|
|
Year Ended December 31,
2020 |
| Revenue |
$ |
204,981 |
|
$ |
362,342 |
|
$ |
200,793 |
| Time charter, voyage and logistics business expenses |
|
(38,515) |
|
|
(85,412) |
|
|
(103,592) |
| Direct vessel expenses |
|
(30,686) |
|
|
(47,753) |
|
|
(52,049) |
| General and administrative expenses |
|
(11,408) |
|
|
(14,285) |
|
|
(16,843) |
| Depreciation and amortization |
|
(18,135) |
|
|
(29,581) |
|
|
(42,076) |
| Interest expense and finance cost, net |
|
(58,791) |
|
|
(79,584) |
|
|
(87,345) |
| Impairment loss/loss on sale of vessels, net |
|
— |
|
|
(25,861) |
|
|
(88,367) |
| (Loss)/gain on bond extinguishment, net |
|
(221) |
|
|
951 |
|
|
11,204 |
| Impairment loss for Navios Europe II |
|
— |
|
|
— |
|
|
(6,050) |
| Non-operating other finance cost |
|
(61,730) |
|
|
— |
|
|
— |
| Gain on sale of shipping business |
|
169,631 |
|
|
— |
|
|
— |
| Other expense, net |
|
(8,967) |
|
|
(5,561) |
|
|
(1,634) |
| Income tax expense |
|
(53) |
|
|
(98) |
|
|
(187) |
| Net income/(loss) from discontinued operations |
$ |
146,106 |
|
$ |
75,158 |
|
$ |
(186,146) |
|
| Discontinued Operations - Assets and Liabilities from Discontinued Operations (Table) |
| |
|
December 31, 2022 |
|
December 31, 2021 |
| Cash and cash equivalent |
$ |
— |
|
$ |
224 |
| Restricted cash |
|
— |
|
|
84,250 |
| Accounts receivable, net |
|
3,489 |
|
|
9,186 |
| Inventories |
|
— |
|
|
3,052 |
| Other current assets |
|
— |
|
|
9,986 |
| Vessels and other fixed assets, net |
|
— |
|
|
427,386 |
| Deferred dry dock and special survey costs, net |
|
— |
|
|
23,467 |
| Operating Lease assets |
|
— |
|
|
164,267 |
| Goodwill |
|
— |
|
|
56,240 |
| Intangible assets other than goodwill |
|
— |
|
|
44,015 |
| Other non-current assets |
|
— |
|
|
35,689 |
| Total assets of discontinued operations |
$ |
3,489 |
|
$ |
857,762 |
| Accounts payable |
|
3,692 |
|
|
6,234 |
| Accrued expenses and other liabilities |
|
1,825 |
|
|
16,122 |
| Deferred income and cash received in advance |
|
— |
|
|
5,448 |
| Due to related parties, net |
|
565 |
|
|
20,643 |
| Operating lease liabilities, including current portion |
|
— |
|
|
189,828 |
| Long-term debt, net, including current portion |
|
— |
|
|
113,641 |
| Senior and ship mortgage notes, including current portion |
|
— |
|
|
455,393 |
| Total liabilities of discontinued operations |
$ |
6,082 |
|
$ |
807,309 |
|