Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands |
Jun. 30, 2015 |
Dec. 31, 2014 |
| Current assets |
|
|
| Cash and cash equivalents |
$ 180,366
|
$ 247,556
|
| Restricted cash |
906
|
2,564
|
| Accounts receivable, net |
50,981
|
85,581
|
| Due from affiliate companies |
17,799
|
27,196
|
| Inventories |
26,846
|
32,521
|
| Prepaid expenses and other current assets |
14,628
|
21,713
|
| Total current assets |
291,526
|
417,131
|
| Deposits for vessels, port terminals and other fixed assets |
51,990
|
45,365
|
| Vessels, port terminals and other fixed assets, net |
1,869,694
|
1,911,143
|
| Other long-term assets |
42,059
|
35,660
|
| Long-term receivable from affiliate companies |
0
|
9,625
|
| Loan receivable from affiliate companies |
11,464
|
7,791
|
| Investments in affiliates |
371,405
|
344,453
|
| Investments in available-for-sale securities |
6,261
|
6,701
|
| Intangible assets other than goodwill |
180,449
|
189,492
|
| Goodwill |
160,336
|
160,336
|
| Total non-current assets |
2,693,658
|
2,710,566
|
| Total assets |
2,985,184
|
3,127,697
|
| Current liabilities |
|
|
| Accounts payable |
34,773
|
53,837
|
| Accrued expenses and other liabilities |
94,815
|
107,320
|
| Deferred income and cash received in advance |
6,336
|
12,445
|
| Due to affiliate companies |
3,930
|
0
|
| Current portion of capital lease obligations |
2,886
|
1,449
|
| Current portion of long-term debt, net |
8,100
|
23,283
|
| Total current liabilities |
150,840
|
198,334
|
| Senior and ship mortgage notes, net |
1,349,023
|
1,347,316
|
| Long-term debt, net of current portion |
226,900
|
242,291
|
| Capital lease obligations, net of current portion |
18,555
|
20,911
|
| Unfavorable lease terms |
14,756
|
22,141
|
| Other long-term liabilities and deferred income |
14,874
|
17,459
|
| Deferred tax liability |
11,364
|
12,735
|
| Total non-current liabilities |
1,635,472
|
1,662,853
|
| Total liabilities |
$ 1,786,312
|
$ 1,861,187
|
| Commitments and contingencies |
|
|
| Stockholders' equity |
|
|
| Preferred stock - $0.0001 par value, authorized 1,000,000 shares, 74,229 and 75,069 issued and outstanding as of June 30, 2015 and December 31, 2014, respectively. |
$ 0
|
$ 0
|
| Common stock - $0.0001 par value, authorized 250,000,000 shares, 107,835,547 and 105,831,718 issued and outstanding as of June 30, 2015 and December 31, 2014, respectively. |
11
|
11
|
| Additional paid-in capital |
722,911
|
721,465
|
| Accumulated other comprehensive loss |
(1,069)
|
(578)
|
| Retained earnings |
359,768
|
432,065
|
| Total Navios Holdings' stockholders' equity |
1,081,621
|
1,152,963
|
| Noncontrolling interest |
117,251
|
113,547
|
| Total stockholders' equity |
1,198,872
|
1,266,510
|
| Total liabilities and stockholders' equity |
$ 2,985,184
|
$ 3,127,697
|