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Discontinued Operations (Tables)
3 Months Ended
Mar. 31, 2021
Discontinued Operations And Disposal Groups [Abstract]  
Schedule of Assets Held for Sale Summarized selected operating result of the Company’s assets related to Windcat Workboats, previously classified as held for sale were as follows (in thousands)

 

 

 

Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

Windcat Workboats

 

 

 

 

 

 

 

 

Operating Revenues:

 

 

 

 

 

 

 

 

Time charter

 

$

903

 

 

$

5,742

 

Other revenue

 

 

70

 

 

 

334

 

 

 

 

973

 

 

 

6,076

 

Costs and Expenses:

 

 

 

 

 

 

 

 

Operating

 

 

578

 

 

 

3,885

 

Direct Vessel Profit

 

 

395

 

 

 

2,191

 

 

 

 

 

 

 

 

 

 

General and Administrative Expenses

 

 

238

 

 

 

1,371

 

Lease Expense

 

 

24

 

 

 

82

 

Depreciation

 

 

 

 

 

1,639

 

 

 

 

262

 

 

 

3,092

 

Operating Income

 

 

133

 

 

 

(901

)

Other Income (Expense)

 

 

 

 

 

 

 

 

Interest income

 

 

2

 

 

 

14

 

Interest expense

 

 

(39

)

 

 

(264

)

Foreign currency translation loss

 

 

89

 

 

 

(645

)

 

 

 

52

 

 

 

(895

)

Operating Loss Before Equity Earnings of 50% or Less Owned Companies, Net of Tax

 

 

185

 

 

$

(1,796

)

Income Tax Expense

 

 

 

 

 

(6

)

Operating Loss Before Equity Earnings of 50% or Less Owned Companies

 

 

185

 

 

$

(1,790

)

Equity in Earnings of 50% or Less Owned Companies, Net of Tax

 

 

(16

)

 

 

(264

)

Net (Loss) Income from Discontinued Operations

 

$

169

 

 

$

(2,054

)