Other (Expense)/Income, net |
6 Months Ended |
|---|---|
Jun. 30, 2016 | |
| OTHER (EXPENSE)/INCOME, NET [Abstract] | |
| OTHER (EXPENSE)/INCOME, NET | NOTE 10: OTHER (EXPENSE)/INCOME, NET
During the six month period ended June 30, 2016 and 2015, taxes other-than income taxes of Navios Logistics amounted to $4,735 and $6,419, respectively, and were included in the statements of comprehensive loss within the caption “Other (expense)/income, net”.
In March 2016, the Company agreed with a charterer for the early redelivery of one of its vessels in exchange for $13,000 in cash and settlement of outstanding claims payable to the charterer amounting to $1,871. The total amount of $14,871 was included in the statement of comprehensive (loss)/income within the caption of “Other (expense)/income, net”.
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