Prepaid Expenses and Other Current Assets

12 Months Ended

Dec. 31, 2015

Prepaid Expenses And Other Assets [Abstract]

Prepaid Expenses and Other Current Assets

NOTE 5 - PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets consisted of the following:

	December 31,  2015		December 31,  2014
Prepaid voyage costs	$	137	$	634
Inventory		1,160		826
Other		—		10
Total prepaid expenses and other current assets	$	1,297	$	1,470

Inventories, which are comprised of bunkers due to freight voyages, are valued at cost as determined on the first-in, first-out basis.