XML 42 R32.htm IDEA: XBRL DOCUMENT v3.19.2
Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2019
Derivative Fair Value Of Financial Instruments [Abstract]  
Fair Value Of Financial Instruments

 

June 30, 2019

 

December 31, 2018

 

 

Book Value

 

Fair Value

 

Book Value

 

Fair Value

 

Cash and cash equivalents

$33,884 

$33,884 

$58,590 

$58,590 

Restricted cash

$1,336 

$1,336 

$2,865 

$2,865 

Amounts due from related parties, short-term

$17,936 

$17,936 

$28,562 

$28,562 

Loans receivable from affiliates

$31,840 

$31,840 

$27,657 

$27,657 

Amounts due from related parties, long-term

$38,086 

$38,086 

$28,880 

$28,880 

Notes receivable, net of current portion

$9,673 

$9,673 

$11,629 

$11,629 

Note receivable from affiliates

$4,666 

$4,666 

$4,525 

$4,525 

Term Loan B Facility, net

$(333,718)

$(338,902)

$(408,662)

$(414,352)

Other long-term borrowings, net

$(151,345)

$(153,756)

$(98,823)

$(100,513)

 

Fair Value Measurements On a Nonrecurring Basis

 

Fair Value Measurements at June 30, 2019

 

 

Total

 

Level I

 

Level II

 

Level III

 

Cash and cash equivalents

$33,884 

$33,884 

 

 

Restricted cash

$1,336 

$1,336 

 

 

Amounts due from related parties, short-term

$17,936 

 

$17,936 

 

Loans receivable from affiliates

$31,840 

 

$31,840 

 

Amounts due from related parties, long-term

$38,086 

 

$38,086 

 

Notes receivable, net of current portion(2)

$9,673 

 

$9,673 

 

Note receivable from affiliates

$4,666 

 

$4,666 

 

Term Loan B facility, net(1)

   $    (338,902)

 

   $    (338,902)

 

Other long-term borrowings, net (1)

   $    (153,756)

 

   $    (153,756)

 

 

 

 

 

 

 

 

 

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 June 30, 2019

 

 

Total

 

Level I

 

Level II

 

Level III

 

Vessels, net (for Navios Galaxy I)

$5,978 

 

$5,978 

 

 

 

 

 

 

 

 

 

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 

 

(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.