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Equipment Acquisitions and Dispositions (Tables)
3 Months Ended
Mar. 31, 2021
Property Plant And Equipment [Abstract]  
Schedule of Gain on Sale of Windcat Workboats

As of January 12, 2021, the Company recognized a gain on the sale of Windcat Workboats Holdings Ltd. (“Windcat Workboats”) of approximately $22.8 million, calculated as follows:

 

(In Thousands):

January 12, 2021

 

Total Proceeds Received

$

43,797

 

Transactions Fees and other Costs

 

1,562

 

Cash Sold

 

3,520

 

Total Net Proceeds

 

38,715

 

Less: Net Equity in Windcat Workboats, net of cash sold

 

15,790

 

Less: January Income on Discontinued Operations

 

169

 

Gain on Sale of Windcat Workboats

 

22,756