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Acquisitions (Assets Acquired and Liabilities Assumed) (Details) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Nov. 30, 2012
UOS [Member]
Aug. 06, 2012
Frascati Shops, Inc. and Tower, LLC [Member]
Business Acquisition [Line Items]        
Working Capital including Cash Acquired     $ 8,512 $ 18
Inventory     6,510 231
Property, Plant, & Equipment     60,037 3,411
Identifiable Intangible Assets     45,131 490
Total Assets Acquired     120,190 4,150
Misc. Payables & Accrued Expenses     (5,469) (412)
Other Long Term Liability     (1,945) (3,490)
Deferred Tax Liability       (453)
Total Liabilities Assumed     (7,414) (4,355)
Net Assets Acquired and Liabilities Assumed     112,776 (205)
Total Consideration Transferred     (114,717) (623)
Goodwill $ 2,771 $ 2,700 $ 1,941 [1] $ 828 [2]
[1] Goodwill is calculated as the excess of the consideration transferred over the net assets acquired and represents the future economic benefits arising from other assets acquired that could not be individually identified and separately recognized. Our above-described goodwill will not be amortized nor do we expect it to be deductible for tax purposes. Specifically, the goodwill recorded as part of the acquisition of UOS includes the following:the expected synergies and other benefits that we believe will result from combining the operations of UOS with our existing Jones Act operations.any intangible assets that do not qualify for separate recognition, including an assembled workforce of the acquired company, andthe anticipated higher rate of return of UOS’s existing businesses as going concerns compared to the anticipated rate of return if we had acquired all of the net assets separately.
[2] Goodwill is calculated as the excess of the consideration transferred over the net assets acquired and represents the future economic benefits arising from other assets acquired that could not be individually identified and separately recognized. Our above-described goodwill will not be amortized nor do we expect it to be deductible for tax purposes. Specifically, the goodwill recorded as part of the acquisition of FSI and Tower includes the following: the expected synergies and other benefits that we believe will result from combining the operations of the Acquired Companies with our existing Rail-Ferry operations.any intangible assets that do not qualify for separate recognition, including an assembled workforce of the acquired companies, and the anticipated higher rate of return of the Acquired Companies existing businesses as going concerns compared to the anticipated rate of return if we had acquired all of the net assets separately.