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Cash Flow
12 Months Ended
Dec. 31, 2012
Supplemental Cash Flow Information (Abstract)  
Cash Flow (Table Text Block)
12.
Cash Flow
On September 30, 2011 the acquisition of Crude was successfully completed (Note 3). As the merger agreement with Crude was a unit for share transaction no cash consideration was paid and thus the following assets and liabilities of Crude acquired in a non-cash transaction are not included into the Partnership's consolidated statement of cash flows for the year ended December 31, 2011.
 
 
 
 
 
Crude's Net Assets
  
As of September 30,
2011
Trade receivables
  
$
8,321
Prepayments and other assets
  
 
629
Inventories
  
 
9,503
Vessels
  
 
351,750
 
  
 
 
Total assets
  
 
370,203
 
  
 
 
Trade accounts payable
  
$
12,497
Due to related parties
  
 
10,457
Accrued liabilities
  
 
1,525
Long term debt
  
 
134,580
 
  
 
 
Total liabilities
  
 
159,059
 
  
 
 
Total Net Assets
  
 
211,144
 
  
 
 
The following assets and liabilities were included in the balance sheets of vessel owning entities acquired from CMTC, however, these assets, liabilities and equity amounts were retained by CMTC on March 1, 2010 and June 30, 2010 when the shares of the vessel-owning companies of the M/T Atrotos and the M/T Alkiviadis were transferred from CMTC to the Partnership, respectively. These transfers have been accounted for as transfers of equity interests between entities under common control where prior years were retroactively adjusted as if the transfers occurred at the beginning of the earliest comparable period (Note 1). As such assets and liabilities were included in the Partnership's balance sheet due to retrospective presentation, but were not acquired by the Partnership upon acquisition of the above mentioned vessel-owning entities, the cash flows for the years ended December 31, 2010 were adjusted accordingly to exclude the following amounts of assets and liabilities as they did not result in cash inflows or outflows in the Partnership's consolidated financial statements: 
 
 
 
 
 
  
As of December  31,
2010
Trade receivables
  
 
1,629
Due from related parties
  
 
13,357
Prepayments and other assets
  
 
76
Inventories
  
 
146
Deferred charges
  
 
65
Total assets
  
 
15,273
Trade accounts payable
  
 
401
Accrued liabilities
  
 
332
Borrowings
  
 
46,384
Total liabilities
  
 
47,117
Net liabilities assumed by CMTC upon contribution to the Partnership
  
 
31,844