Equipment Acquisitions, Dispositions and Depreciation and Impairment Policies Equipment Acquisitions, Dispositions and Depreciation and Impairment Policies (Notes)

6 Months Ended

Jun. 30, 2017

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

EQUIPMENT ACQUISITIONS AND DISPOSITIONS

During the six months endedJune 30, 2017, capital expenditures were $81.0 million and primarily relates to equipment ordered prior to 2017. Equipment deliveries during the six months endedJune 30, 2017 included one liquid tank barge, one inland river towboat, one U.S.-flag product tanker, one U.S.-flag harbor tug and two foreign-flag harbor tugs.

During the six months endedJune 30, 2017, the Company sold 50 dry-cargo barges, one inland river towboat and other property and equipment for net proceeds of $19.8 million and gains of $13.0 million, of which $5.3 million were recognized currently and $7.7 million were deferred (see Note 1). Equipment dispositions included the sale-leaseback of 50 dry cargo barges for $12.5 million with leaseback terms of 84 months. In addition, the Company recognized previously deferred gains of $1.2 million. The Company also recognized a loss of $0.4 million related to the total loss of one inland river specialty barge.