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Segment Information
6 Months Ended
Jun. 30, 2019
Segment Information [Abstract]  
SEGMENT INFORMATION

NOTE 15: SEGMENT INFORMATION

Navios Acquisition reports financial information and evaluates its operations by charter revenues. Navios Acquisition does not use discrete financial information to evaluate operating results for each type of charter. As a result, management reviews operating results solely by revenue per day and operating results of the fleet and thus Navios Acquisition has determined that it operates under one reportable segment.

The following table sets out operating revenue by geographic region for Navios Acquisition’s reportable segment. Revenue is allocated on the basis of the geographic region in which the customer is located. Tanker vessels operate worldwide. Revenues from specific geographic regions which contribute over 10% of total revenue are disclosed separately.

Revenue by Geographic Region

Vessels operate on a worldwide basis and are not restricted to specific locations. Accordingly, it is not possible to allocate the assets of these operations to specific countries.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

Three Month
Period ended
June 30, 2019
(unaudited)

 

  

Three Month
Period ended
June 30, 2018
(unaudited)

 

  

Six Month
Period ended
June 30, 2019
(unaudited)

 

  

Six Month
Period ended
June 30, 2018
(unaudited)

 

Asia

  

$

43,466

 

  

$

24,027

 

  

$

101,784

 

  

$

52,791

 

Europe

  

 

4,232

 

  

 

7,450

 

  

 

9,148

 

  

 

14,701

 

United States

  

 

10,887

 

  

 

10,002

 

  

 

24,712

 

  

 

20,137

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Total

  

$

58,585

 

  

$

41,479

 

  

$

135,704

 

  

$

87,629