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Unaudited Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income $ 64,332 $ 6,595
Adjustments to reconcile net income to net cash provided by operating activities:    
Vessel depreciation and amortization 24,680 24,221
Gain from bargain purchase (Note 3) (17,475) 0
Amortization of deferred charges 98 304
Gain on interest rate swap agreements (Note 8) (4) (1,447)
Gain on sale of vessels to third parties (Note 5) 0 (1,296)
Amortization of above market acquired charters (Note 6) 5,579 3,909
Equity compensation expense (Note 10) 2,739 1,991
Changes in operating assets and liabilities:    
Trade accounts receivable (553) 1,515
Prepayments and other assets (60) 282
Inventories (83) 2,117
Trade accounts payable 431 (2,004)
Due from related parties 0 (33)
Due to related parties 3,615 (1,424)
Accrued liabilities 788 (340)
Deferred revenue (3,429) (155)
Dry-docking costs (196) 0
Net cash provided by operating activities 80,462 34,235
Cash flows from investing activities:    
Vessel acquisitions and improvements (Note 3) (130,000) (185)
Increase in restricted cash (3,000) (3,250)
Net proceeds from sale of vessels to third parties (Note 5) 0 19,675
Net cash (used in) / provided by investing activities (133,000) 16,240
Cash flows from financing activities:    
Proceeds from issuance of Partnership units (Note 9) 75,075 139,400
Expenses paid for issuance of Partnership units (Note 9) (2,568) 0
Proceeds from issuance of long-term debt (Notes 3, 7) 54,000 0
Loan issuance costs (11) (133)
Payments of long-term debt (Note 7) (1,350) (170,066)
Dividends paid (41,511) (32,916)
Net cash provided by/ (used in) financing activities 83,635 (63,715)
Net increase/(decrease) in cash and cash equivalents 31,097 (13,240)
Cash and cash equivalents at beginning of period 43,551 53,370
Cash and cash equivalents at end of period 74,648 40,130
Supplemental cash flow information    
Cash paid for interest 7,021 18,432
Non-Cash Investing and Financing Activities    
Private placement costs relating to Class B preferred units included in liabilities (Note 9) (28) 2,975
Capitalised and dry-docking vessel costs included in liabilities $ 321 $ 59