Noncontrolling Interests in Subsidiaries (Notes)

12 Months Ended

Dec. 31, 2017

Noncontrolling Interest Disclosure [Text Block]



12.	NONCONTROLLING INTERESTS IN SUBSIDIARIES

Noncontrolling interests in the Company’s consolidated subsidiaries as of December 31 were as follows (in thousands):



	Noncontrolling Interests				2017		2016
Ocean Services:
SEA-Vista	49%				128,550		106,054
Inland Services:
Other	3.0	%	–	51.8%	977		980
Other	5.0%				151		152
Discontinued Operations	1.8	%	–	30.0%	—		28,190
					$	129,678	$	135,376

SEA-Vista. SEA-Vista owns and operates the Company’s fleet of U.S.-flag petroleum and chemical carriers used in the U.S. coastwise trade of crude oil, petroleum and specialty chemical products. As of December 31, 2017 and 2016, the net assets of SEA-Vista were $262.3 million and $216.4 million, respectively. During the year ended December 31, 2017, the net income of SEA-Vista was $45.9 million, of which $22.5 million was attributable to noncontrolling interests. During the year ended December 31, 2016, the net income of SEA-Vista was $36.3 million, of which $17.8 million was attributable to noncontrolling interests. During the year ended December 31, 2015, the net income of SEA-Vista was $5.2 million, of which $2.6 million was attributable to noncontrolling interests.

Discontinued Operations. As of December 31, 2016, the noncontrolling interests related to the Spin-off of SEACOR Marine and the sale of ICP (see Note 1).