Fixed assets, net (Tables)

6 Months Ended

Jun. 30, 2015

Fixed Assets, Net

Schedule of vessels' cost, accumulated depreciation and changes thereto

Fixed assets consist of vessels. Vessels’ cost, accumulated depreciation and changes thereto were as follows (in thousands):

	Vessel Cost			Accumulated Depreciation			Net Book Value
As of January 1, 2014	$	4,450,719		$	(608,102	)	$	3,842,617
Additions	39,165			(137,061		)	(97,896		)
Disposals	(120,376		)	75,769			(44,607		)
Impairment Loss	(75,776		)	—			(75,776		)
As of December 31, 2014	4,293,732			(669,394		)	3,624,338
Additions	538			(65,341		)	(64,803		)
As of June 30, 2015	$	4,294,270		$	(734,735	)	$	3,559,535