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Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2013
Fair Value Disclosures [Abstract]  
Financial Assets And Liabilities Measured At Fair Value On Recurring Basis
 
 
Level 1
 
Level 2
 
Level 3
2013
 
 
 
 
 
 
ASSETS
 
 
 
 
 
 
Marketable securities(1)
 
$
24,292

 
$
—

 
$
—

Derivative instruments (included in other receivables)
 
185

 
6,072

 
—

Construction reserve funds and Title XI reserve funds
 
261,739

 
—

 
—

LIABILITIES
 
 
 
 
 
 
Short sales of marketable securities
 
10,697

 
—

 
—

Derivative instruments (included in other current liabilities)
 
1,511

 
1,828

 
—

2012
 
 
 
 
 
 
ASSETS
 
 
 
 
 
 
Marketable securities(1)
 
$
21,688

 
$
—

 
$
—

Derivative instruments (included in other receivables)
 
2,840

 
4,696

 
—

Construction reserve funds and Title XI reserve funds
 
195,629

 
—

 
—

LIABILITIES
 
 
 
 
 
 
Short sales of marketable securities
 
8,277

 
—

 
—

Derivative instruments (included in other current liabilities)
 
840

 
6,140

 
—

______________________
(1)
Marketable security gains (losses), net include gains of $5.8 million and losses of $0.7 million and $7.5 million for the years ended December 31, 2013, 2012 and 2011, respectively, related to marketable security positions held by the Company as of December 31, 2013. Marketable security gains (losses), net include losses of $0.9 million and $7.7 million for the years ended December 31, 2012 and 2011, respectively, related to marketable security positions held by the Company as of December 31, 2012. During the years ended December 31, 2013, 2012 and 2011, the Company recorded net dividend expense on marketable securities of $0.2 million, $0.5 million and $0.8 million, respectively. During the year ended December 31, 2013, net interest income on marketable securities was not material. During the years ended December 31, 2012 and 2011, the Company recorded net interest income on marketable securities of $0.2 million and $2.8 million, respectively.
Estimated Fair Value Of Other Financial Assets And Liabilities
 
 
 
 
Estimated Fair Value
 
 
Carrying
Amount
 
Level 1
 
Level 2
 
Level 3
2013
 
 
 
 
 
 
 
 
ASSETS
 
 
 
 
 
 
 
 
Cash, cash equivalents and restricted cash
 
$
539,610

 
$
539,610

 
$
—

 
$
—

Investments, at cost, in 50% or less owned companies (included in other assets)
 
9,315

 
see below

 


 
 
Notes receivable from third parties (included in other receivables and other assets)
 
13,544

 
see below

 
 
 
 
LIABILITIES
 
 
 
 
 
 
 
 
Long-term debt, including current portion(1)
 
879,441

 
—

 
1,094,193

 
—

2012
 
 
 
 
 
 
 
 
ASSETS
 
 
 
 
 
 
 
 
Cash, cash equivalents and restricted cash
 
276,489

 
276,489

 
—

 
—

Investments, at cost, in 50% or less owned companies (included in other assets)
 
9,315

 
see below

 
 
 
 
Notes receivable from third parties (included in other receivables and other assets)
 
26,063

 
see below

 
 
 
 
LIABILITIES
 
 
 
 
 
 
 
 
Long-term debt, including current portion(2)
 
677,229

 
—

 
747,973

 
—

______________________
(1)
The estimated fair value includes the conversion option on the Company's 2.5% and 3.0% Convertible Notes.
(2)
The estimated fair value includes the conversion option on the Company's 2.5% Convertible Notes.
Non-Financial Assets And Liabilities Measured At Fair Value
 
 
Level 1
 
Level 2
 
Level 3
2013
 
 
 
 
 
 
ASSETS
 
 
 
 
 
 
Long-lived assets under construction(1)
 
$
17,494

 
$
—

 
$
—

Investment in C-Lift LLC(2)
 
—

 
13,290

 
—

Contribution of non-cash consideration to Dorian LPG Ltd.(3)
 
—

 
14,989

 
—

Investment in Zhuhai SEACOR/Avion Logistics Company Limited (included in Investments, at Equity, and Advances to 50% or Less Owned Companies)(4)
 
—

 
924

 
—

2012
 
 
 
 
 
 
ASSETS
 
 
 
 
 
 
Investment in ICP(5)
 
$
—

 
$
30,916

 
$
—

Long-lived assets held for sale(6)
 
—

 
8,400

 
—

Investment in Witt O'Brien's (included in Investments, at Equity, and Advances to 50% or Less Owned Companies)(7)
 
—

 
50,261

 
—

______________________
(1)
During the year ended December 31, 2013, the Company recognized impairment charges of $3.0 million related to two of Shipping Services' harbor tugs while under construction, which were sold and leased back upon their completion (see Note 4).
(2)
During the year ended December 31, 2013, the Company marked its equity investment in C-Lift LLC ("C-Lift") to fair value following its acquisition of a controlling interest (see Note 4). The investment's fair value was determined based on the Company's purchase price of the acquired interest.
(3)
During the year ended December 31, 2013, the Company marked to fair value the non-cash consideration contributed to Dorian LPG Ltd. ("Dorian") in exchange for an equity investment (see Note 5). The fair value was determined based on the value of the equity investment the Company received.
(4)
During the year ended December 31, 2013, the Company marked its equity investment in Zhuhai SEACOR/Avion Logistics Company Limited, an Asian industrial aviation company, to fair value upon the deconsolidation of the previously controlled subsidiary following the sale of a portion of the Company's ownership to a third party. The investment's fair value was determined based on the purchase price of the Company's interest sold.
(5)
On February 1, 2012, the Company marked its equity investment in its ICP to fair value following the acquisition of a controlling interest (see Note 5). The investment's fair value was determined based on a fair value analysis of the assets and liabilities of ICP.
(6)
During the year ended December 31, 2012, the Company recorded an impairment loss of $1.2 million to reduce the carrying value of one of its fixed-wing aircraft used in its lending and leasing activities following the conclusion of a lease.
(7)
On December 31, 2012, the Company marked its equity investment in Witt O'Brien's LLC, a response management company, to fair value following the ORM Transaction (see Note 5). The investment's fair value was determined based the Company's interest in the fair value of the assets and liabilities of Witt O'Brien's.