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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
INTANGIBLE ASSETS [Abstract]  
Intangible Assets

 

 

 

 

 

Cost  

  

Accumulated
Amortization  

  

Net Book Value  

  

Favorable lease terms December 31, 2015

$127,788 

$(72,449)

$55,339 

Additions

     

(15,861)

(15,861)

Accelerated amortization

(44,072)

  23,546 

(20,526)

 

  

  

  

Favorable lease terms December 31, 2016

$83,716 

$(64,764)

$18,952 

Additions

     

(10,872)

(10,872)

 

  

  

  

Favorable lease terms December 31, 2017

$83,716 

$(75,636)

$8,080 

 

  

  

  

 

 

 

 

 

 

 

Cost  

  

Accumulated
Amortization  

  

Net Book Value  

  

Favorable lease terms June 8, 2017

$26,662 

$   

$26,662 

Additions

     

(5,564)

(5,564)

Navios Containers’ deconsolidation

(26,662)

  5,564 

(21,098)

 

  

  

  

Favorable lease terms August 29, 2017

$—   

$   

$—   

 

  

  

  

 

Amortization of Favorable Lease Terms

 

 

 

 

 

Year Ended

 

 

December 31,
2017

 

December 31,
2016

 

December 31,
2015

 

Favorable lease terms

$(10,872)

$   (15,861)

$(18,716)

Acceleration of favorable lease terms

 

(20,526)  

 

 

 

 

 

Total

$(10,872)

$(36,387)

$(18,716)

 

 

 

 

 

Aggregate Amortizations of Intangible Assets

 

 

Year

 

Amount  

  

2018

$3,748 

2019

  1,166 

2020

  1,166 

2021

  1,166 

2022 and thereafter

  834 

 

  

 

$8,080