Investments, at Equity, and Advances to 50% or Less Owned Companies (Tables)

12 Months Ended

Dec. 31, 2021

Investments, at equity, and advances to 50% or less owned companies as of December 31 were as follows (in thousands):

	Ownership			2021		2020
MexMar		49.0	%	$	59,940	$	50,037
OSV Partners⁽¹⁾		30.4	%		—		9,094
SEACOR Marlin		49.0	%		6,958		7,979
MEXMAR Offshore⁽²⁾		49.0	%		—		1,960
Offshore Vessel Holdings		49.0	%		1,847		2,388
Other	20.0% — 50.0%				2,982		3,850
				$	71,727	$	75,308

⁽¹⁾

^{^{The Company}^own^ed^66.7^{% of the General Partner and}^29.7^{% of the limited}^p^artner^{ship interest of OSV Partners}^I^.^{On December 31, 2021, t}^{he Company}^{purchased the}^remaining^{shares in this joint venture}^{that it did not own}^{and consolidated the net assets of OSV Partners}^.^{See details below as well as “Note 3. Business Acquisitions”.}}

⁽²⁾

^{^This^j^oint^v^{enture holds the investment in UP Offshore}^.^{The Company received a cash distribution in excess of its investment in MEXMOR Offshore during 2021. The distribution exceeded the investment value by $}^9.4^{million and this amount was recognized as gain from return of investments in}⁵⁰^{% or less owned companies.}^{On December}^{9, 2021, the Company}^{sold their ownership in this joint venture to the majority shareholder. See details below.}}

Combined Condensed Financial Information of Other Investees. Summarized financial information of the Company’s other investees, at equity, as of and for the years ended December 31 was as follows (in thousands):

	2021		2020
Current assets	$	119,559	$	109,687
Noncurrent assets		181,712		259,424
Current liabilities		93,304		109,074
Noncurrent liabilities		65,902		115,626

	2021			2020			2019
Operating Revenues	$	156,579		$	160,781		$	136,690
Costs and Expenses:
Operating and administrative		139,313			142,228			116,517
Depreciation		23,524			27,044			27,412
		162,837			169,272			143,929
Loss on Asset Dispositions and Impairments, Net		—			—			(166	)
Operating (Loss) Income	$	(6,258	)	$	(8,491	)	$	(7,405	)
Net Income (Loss)	$	41,798		$	(18,229	)	$	(36,816	)