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OTHER NONCURRENT ASSETS (Tables)
 12 Months Ended
Dec. 31, 2016
OTHER NONCURRENT ASSETS  
Schedule of 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