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PREPAID EXPENSES AND OTHER CURRENT ASSETS
12 Months Ended
Dec. 31, 2017
PREPAID EXPENSES AND OTHER CURRENT ASSETS  
PREPAID EXPENSES AND OTHER CURRENT ASSETS

10. PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets consist of the following (dollars in thousands):

 

 

 

 

 

 

 

 

    

December 31,

    

December 31,

 

 

2017

 

2016

Bunkers and lubricants

 

$

6,425

 

$

7,522

Insurance claims receivable

 

 

4,420

 

 

5,047

Prepaid insurance

 

 

1,830

 

 

3,185

Other

 

 

11,209

 

 

11,857

Total

 

$

23,884

 

$

27,611

 

Insurance claims receivable consist substantially of payments made by the Company for repairs of vessels that the Company expects, pursuant to the terms of the insurance agreements, to recover from the carrier within one year, net of deductibles which have been expensed. As of December 31, 2017 and 2016, the portion of insurance claims receivable not expected to be collected within one year of $0 and $0.6 million, respectively, is included in Other noncurrent assets on the consolidated balance sheets.

As of December 31, 2017, Other primarily includes $8.1 million of advances to our third‑party technical managers. As of December 31, 2016, Other primarily represents $4.7 million of advances to our third‑party technical managers and $1.9 million of working capital due from Navig8. The working capital due from Navig8 is associated with the Gener8 Spyridon and Gener8 Ulysses ($0.9 million and $1.0 million, respectively), related to their treatment as vessels held for sale on the consolidated financial statements.