Annual report pursuant to Section 13 and 15(d)

RELATED PARTY TRANSACTIONS (Tables)

v2.4.0.8
RELATED PARTY TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2013
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
As part of a consolidated group, certain costs and expenses of the Company were borne by SEACOR and charged to the Company. These costs and expenses are included in both operating expenses and administrative and general expenses in the accompanying consolidated statements of operations and are summarized as follows for the years ended December 31 (in thousands):
 
 
2013
 
2012
 
2011
Payroll costs for SEACOR personnel assigned to the Company and participation in
  SEACOR employee benefit plans, defined contribution plan and share award plans
 
$
5

 
$
8,159

 
$
11,404

Shared services allocation for administrative support
 
299

 
2,937

 
2,692

Shared services under the Amended and Restated Transition Services Agreement
 
3,063

 

 

 
 
$
3,367

 
$
11,096

 
$
14,096