SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Information about Operations in Different Segments

Summarized financial information is shown in the following tables:

	Three Months Ended March 31,
	2014			2013
	(Unaudited)
	(In thousands)
Revenues(1):
Asia Pacific	$	161,825		$	326,062
Americas		181,625			148,184
Middle East		260,361			333,242
Total revenues	$	603,811		$	807,488
Operating income:
Asia Pacific	$	2,091		$	87,952
Americas		(31,811	)		(16,410	)
Middle East		(9,428	)		(18,509	)
Corporate		(2,494	)		—
Total operating income	$	(41,642	)	$	53,033
Capital expenditures(2):
Asia Pacific	$	4,068		$	3,755
Americas		7,405			22,010
Middle East		22,579			10,552
Corporate and other		3,841			1,332
Total capital expenditures	$	37,893		$	37,649
Depreciation and amortization:
Asia Pacific	$	5,032		$	5,030
Americas		8,297			6,805
Middle East		9,575			6,510
Corporate and Other		1,698			1,877
Total depreciation and amortization	$	24,602		$	20,222
Drydock amortization:
Asia Pacific	$	1,955		$	2,961
Americas		4,562			1,908
Middle East		429			681
Total drydock amortization	$	6,946		$	5,550

(1) Intersegment transactions included in revenues were not significant for either of the periods presented.

(2) Total capital expenditures presents expenditures for which cash payments were made during the period. Capital expenditures for the three months ended March 31, 2014 include $8.3 million of cash payments for accrued capital expenditures outstanding as of December 31, 2013. Capital expenditures for the three months ended March 31, 2013 exclude approximately $34.0 million in accrued liabilities related to capital expenditures.

Information about Segment Assets by Country

	March 31, 2014		December 31, 2013
	(Unaudited)
	(In thousands)
Segment assets:
Asia Pacific	$	740,507	$	1,030,823
Americas		795,598		522,713
Middle East		1,148,041		1,129,529
Corporate and other		339,783		124,306
Total assets	$	3,023,929	$	2,807,371