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Fair Value of Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2018
Derivative Fair Value Of Financial Instruments [Abstract]  
Fair Value Of Financial Instruments

 

December 31, 2018

 

December 31, 2017

 

 

Book Value

 

Fair Value

 

Book Value

 

Fair Value

 

Cash and cash equivalents

$        58,590 

$         58,590 

$        24,047 

$        24,047 

Restricted cash

$          2,865 

$          2,865 

$          5,886 

$          5,886 

Amounts due from related parties, short-term

$        28,562 

$        28,562 

$        10,545 

$        10,545 

Loans receivable from affiliates

$        27,657 

$        27,657 

$        11,706 

$        11,706 

Amounts due from related parties, long-term

$        28,880 

$        28,880 

$        34,891 

$        34,891 

Notes receivable, net of current portion

$        11,629 

$        11,629 

$        15,897 

$        15,897 

Note receivable from affiliates

$          4,525 

$          4,525 

$          4,253 

$          4,253 

Term Loan B Facility, net

$    (408,662)

$    (414,352)

$    (425,144)

$    (441,471)

Other long-term borrowings, net

$      (98,823)

$    (100,513)

$      (68,319)

$      (69,161)

 
Fair Value Measurements On a Nonrecurring Basis

 

 

Fair Value Measurements at December 31, 2018

 

 

Total

 

Level I

 

Level II

 

Level III

 

Cash and cash equivalents

$         58,590 

$     58,590 

— 

— 

Restricted cash

$           2,865 

$       2,865 

— 

— 

Amounts due from related parties, short-term

$         28,562 

— 

$         28,562 

— 

Loans receivable from affiliates

$         27,657 

— 

$         27,657 

— 

Amounts due from related parties, long-term

$         28,880 

— 

$         28,880 

— 

Notes receivable, net of current portion(2)

$         11,629 

— 

$         11,629 

— 

Note receivable from affiliates

$           4,525 

— 

$           4,525 

— 

Term Loan B facility, net(1)

$     (414,352)

— 

$     (414,352)

— 

Other long-term borrowings, net (1)

$     (100,513)

— 

$     (100,513)

— 

 

 

 

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 

— 

— 

Amounts due from related parties, short-term

$         10,545 

— 

$         10,545 

— 

Loans receivable from affiliates

$         11,706 

— 

$         11,706 

— 

Amounts due from related parties, long-term

$         34,891 

— 

$         34,891 

— 

Notes receivable, net of current portion(2)

$         15,897 

— 

$         15,897 

— 

Note receivable from affiliates

$           4,253 

— 

$           4,253 

— 

Term Loan B facility, net(1)

$     (441,471)

— 

$     (441,471)

— 

Other long-term borrowings, net(1)

$       (69,161)

— 

$       (69,161)

— 

 

 

 

Fair Value Measurements at December 31, 2018

 

 

Total

 

Level I

 

Level II

 

Level III

 

Vessels, net (for Navios Felicity)

$     4,705 

— 

$     4,705 

— 

Vessels, net (for Navios Libra II)

$     4,559 

— 

$     4,559 

— 

 

 

Fair Value Measurements at December 31, 2017

 

 

Total

 

Level I

 

Level II

 

Level III

 

Vessels, net (for Navios Gemini S)

$       4,078 

— 

$       4,078 

— 

Vessels, net (for Navios Hope)

$     16,127 

— 

$     16,127 

— 

  1. (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. (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.