Note 16 - Subsequent Event
|6 Months Ended|
Jun. 30, 2018
|Notes to Financial Statements|
|Subsequent Events [Text Block]||
July 5, 2018,the Company acquired
100%of the membership interests in
twoMarshall Islands limited liability companies in exchange for assumed debt of
$11.0million. Each Marshall Islands company owns
2013-built AHTS vessel which was previously managed by the Company. The vessels are currently operating under contract in the Middle East and West Africa regions.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef