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Fair Value of Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2017
Derivative Fair Value Of Financial Instruments [Abstract]  
Fair Value Of Financial Instruments

 

 

 

 

 

 

December 31, 2017  

  

December 31, 2016  

  

 

Book Value  

  

Fair Value  

  

Book Value  

  

Fair Value  

  

Cash and cash equivalents

$24,047 

$24,047 

$17,360 

$17,360 

Restricted cash

$5,886 

$5,886 

$7,728 

$7,728 

Loans receivable from affiliates

$11,706 

$11,706 

$2,422 

$2,422 

Amounts due to related parties, long-term

$—   

$—   

$11,105 

$11,105 

Amounts due from related parties, long-term

$34,891 

$34,891 

$—   

$—   

Amounts due from related parties, short-term

$10,545 

$10,545 

$19,639 

$19,639 

Term Loan B facility, net

$(425,144)

$(441,471)

$(382,653)

$(360,700)

Other long-term debt, net

$(68,319)

$(69,161)

$(141,124)

$(141,805)

Notes receivable

$15,897 

$15,897 

$6,112 

$6,112 

Note receivable from affiliates

$4,253 

$4,253 

$—   

$—   

 
Fair Value Measurements On a Nonrecurring Basis

 

 

 

 

 

 

Fair Value Measurements at December 31, 2017 

 

Total  

  

Level I  

  

Level II  

  

Level III  

  

Cash and cash equivalents

$24,047 

$24,047 

$—   

$—   

Restricted cash

$5,886 

$5,886 

$—   

$—   

Loans receivable from affiliates

$11,706 

$—   

$11,706 

$—   

Term Loan B facility, net(1)

$(441,471)

$—   

$(441,471)

$—   

Other long-term debt, net(1)

$(69,161)

$—   

$(69,161)

$—   

Notes receivable(2)

$15,897 

$—   

$15,897 

$—   

Amounts due from related parties, long-term

$34,891 

$34,891 

$—   

$—   

Amounts due from related parties, short-term

$10,545 

$10,545 

$—   

$—   

Note receivable from affiliates

$4,253 

$—   

$4,253 

$—   

 

 

 

Fair Value Measurements at December 31, 2016 

 

Total  

  

Level I  

  

Level II  

  

Level III  

  

Cash and cash equivalents

$17,360 

$17,360 

$—   

$—   

Restricted cash

$7,728 

$7,728 

$—   

$—   

Loans receivable from affiliates

$2,422 

$—   

$2,422 

$—   

Amounts due to related parties, long-term

$11,105 

$11,105 

$—   

$—   

Term Loan B facility, net(1)

$(360,700)

$—   

$(360,700)

$—   

Other long-term debt, net(1)

$(141,805)

$—   

$(141,805)

$—   

Notes receivable(2)

$6,112 

$—   

$6,112 

$—   

 

Fair Value Measurements at December 31, 2017 

 

Total  

  

Level I  

  

Level II  

  

Level III  

  

Vessels, net (for Navios Gemini S)

$4,078 

$—   

$4,078 

$—   

 

 

 

Fair Value Measurements at December 31, 2016 

 

Total  

  

Level I  

  

Level II  

  

Level III  

  

Vessels, net (for Navios Apollon)

$4,750 

$—   

$4,750 

$—   

Vessel held for sale (for MSC Cristina)

$125,000 

$—   

$125,000 

$—   

(1)The fair value of the Company’s debt is estimated based on currently available debt with similar contract terms, interest rate and remaining maturities as well as taking into account our creditworthiness.

(2)The fair value is estimated based on currently available information on the Company’s counterparty with similar contract terms, interest rate and remaining maturities.