CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
$ in Thousands |
3 Months Ended |
6 Months Ended |
Jun. 30, 2016 |
Jun. 30, 2015 |
Jun. 30, 2016 |
Jun. 30, 2015 |
| CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS)/INCOME [Abstract] |
|
|
|
|
| Revenue |
$ 105,733
|
$ 119,839
|
$ 207,220
|
$ 238,119
|
| Administrative fee revenue from affiliates |
5,463
|
3,882
|
10,945
|
7,804
|
| Time charter, voyage and logistics business expenses |
(36,095)
|
(57,856)
|
(82,476)
|
(127,790)
|
| Direct vessel expenses |
(34,685)
|
(35,748)
|
(64,759)
|
(66,565)
|
| General and administrative expenses incurred on behalf of affiliates |
(5,463)
|
(3,882)
|
(10,945)
|
(7,804)
|
| General and administrative expenses |
(6,392)
|
(8,668)
|
(12,830)
|
(15,479)
|
| Depreciation and amortization |
(27,132)
|
(27,479)
|
(46,959)
|
(48,684)
|
| Interest expense and finance cost, net |
(26,698)
|
(27,838)
|
(54,448)
|
(55,876)
|
| Other (expense)/income, net |
(2,530)
|
(3,321)
|
9,134
|
(5,235)
|
| Loss before equity in net earnings of affiliated companies |
(27,799)
|
(41,071)
|
(45,118)
|
(81,510)
|
| Equity in net earnings of affiliated companies |
3,424
|
17,968
|
16,376
|
31,880
|
| Loss before taxes |
(24,375)
|
(23,103)
|
(28,742)
|
(49,630)
|
| Income tax benefit/(expense) |
621
|
1,695
|
(424)
|
1,843
|
| Net loss |
(23,754)
|
(21,408)
|
(29,166)
|
(47,787)
|
| Less: Net income attributable to the noncontrolling interest |
(2,662)
|
(3,405)
|
(4,715)
|
(3,704)
|
| Net loss attributable to Navios Holdings common stockholders |
(26,416)
|
(24,813)
|
(33,881)
|
(51,491)
|
| Loss attributable to Navios Holdings common stockholders, basic |
(30,387)
|
(28,906)
|
(41,822)
|
(59,657)
|
| Loss attributable to Navios Holdings common stockholders, diluted |
$ (30,387)
|
$ (28,906)
|
$ (41,822)
|
$ (59,657)
|
| Basic loss per share attributable to Navios Holdings common stockholders |
$ (0.29)
|
$ (0.27)
|
$ (0.39)
|
$ (0.57)
|
| Weighted average number of shares, basic |
106,009,049
|
105,401,820
|
106,022,826
|
105,251,590
|
| Diluted loss per share attributable to Navios Holdings common stockholders |
$ (0.29)
|
$ (0.27)
|
$ (0.39)
|
$ (0.57)
|
| Weighted average number of shares, diluted |
106,009,049
|
105,401,820
|
106,022,826
|
105,251,590
|
| Other comprehensive income/(loss) |
|
|
|
|
| Unrealized holding gain/(loss) on investments in available-for-sale securities |
$ 495
|
$ (213)
|
$ 100
|
$ (491)
|
| Reclassification to earnings |
345
|
0
|
345
|
0
|
| Total other comprehensive income/(loss) |
840
|
(213)
|
445
|
(491)
|
| Total comprehensive loss |
(22,914)
|
(21,621)
|
(28,721)
|
(48,278)
|
| Comprehensive income attributable to the noncontrolling interest |
(2,662)
|
(3,405)
|
(4,715)
|
(3,704)
|
| Total comprehensive loss attributable to Navios Holdings common stockholders |
$ (25,576)
|
$ (25,026)
|
$ (33,436)
|
$ (51,982)
|