Annual report pursuant to Section 13 and 15(d)

Noncontrolling Interests in Subsidiaries

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Noncontrolling Interests in Subsidiaries
12 Months Ended
Dec. 31, 2019
Noncontrolling Interest [Abstract]  
Noncontrolling Interests in Subsidiaries
13. NONCONTROLLING INTERESTS IN SUBSIDIARIES
Noncontrolling interests in the Company’s consolidated subsidiaries as of December 31, were as follows (in thousands):
Noncontrolling Interests 2019 2018
Ocean Services:
SEA-Vista 49.0%    $ —    $ 148,665   
Inland Services:
Other 3.0  % –    51.8%    785    862   
Other 5.0%      161   
$ 788    $ 149,688   
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. On August 2, 2019, the Company acquired the Remaining SEA-Vista Interest (See Notes 1 and 12). During the seven months ended July 31, 2019, the net income of SEA-Vista was $14.8 million, of which $7.2 million was attributable to noncontrolling interests. During the year ended December 31, 2018, the net income of SEA-Vista was $51.2 million, of which $25.1 million was attributable to noncontrolling interests. 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.