Quarterly report pursuant to Section 13 or 15(d)

Assets Held for Sale (Tables)

v3.8.0.1
Assets Held for Sale (Tables)
 3 Months Ended
Mar. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Significant Assets Included in Assets Held for Sale
A summary of the significant assets included in assets held for sale as of March 31, 2018, at our South Texas Properties and the Shipyard Division assets is as follows (in thousands):

 
South Texas Properties
 
 
 
 
Assets
Texas South Yard(1)
 
Texas North Yard
 
Shipyard Division Assets
 
Consolidated
Land
$
3,335

 
$
2,157

 
$
—

 
$
5,492

Buildings and improvements
90,370

 
30,692

 
—

 
121,062

Machinery and equipment
—

 
66,305

 
2,187

 
68,492

Less: accumulated depreciation
(43,808
)
 
(52,554
)
 
(298
)
 
(96,660
)
Total assets held for sale
$
49,897

 
$
46,600

 
$
1,889

 
$
98,386

______________
(1)    We closed on the sale of these assets on April 20, 2018, for net proceeds of $53.5 million.