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OTHER NONCURRENT ASSETS
12 Months Ended
Dec. 31, 2016
OTHER NONCURRENT ASSETS  
OTHER NONCURRENT ASSETS

12. OTHER NONCURRENT ASSETS

 

Other noncurrent assets consist of the following (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

December 31,

    

December 31,

 

 

 

2016

 

2015

 

Escrow deposits

 

$

38

 

$

51,915

 

Working capital for 2011 VLCC pool

 

 

1,900

 

 

1,900

 

Long-term due from charters

 

 

1,546

 

 

1,546

 

Fresh start lease asset

 

 

1,183

 

 

1,319

 

Insurance claims

 

 

588

 

 

789

 

Total

 

$

5,255

 

$

57,469

 

 

As of December 31, 2015, escrow deposits primarily represented the final installment payments for the Gener8 Apollo. Subsequent to the delivery of the Gener8 Apollo in January 2016, the related amount was transferred to vessels. Working capital for 2011 VLCC pool and Long-term due from charters represent amounts due from the 2011 VLCC Pool and the Atlas charter disputes. See Note 16, Vessel Pool Arrangements for more details.