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Acquisitions (Tables)

12 Months Ended

Dec. 31, 2013

Anax Container Carrier S.A.

Business Acquisition

Purchase price allocation (Table Text Block)

		As of September 11, 2013
Vessel		$	54,000
Above market acquired time charter		$	19,094
Identifiable assets		$	73,094
Purchase price			(65,000	)
Gain from bargain purchase		$	8,094

Identifiable intangible assets (Table Text Block)

Intangible assets		As of September 11, 2013				Duration of time charter acquired
Above market acquired time charter		$	19,094			11.3 years

Pro Forma Financial Information (Table Text Block)

			For the year ended December 31, 2013
Total revenues	$	176,535
Partnership's net income	$	100,624
Preferred unit holders' interest in Partnership's net income	$	18,805
General Partner's interest in Partnership's net income	$	1,621
Common unit holders interest in Partnership's net income	$	80,198
Net income per common unit basic			$	1.05
Net income per common unit diluted	$	1.02

Thiseas Container Carrier S.A.

Business Acquisition

Purchase price allocation (Table Text Block)

		As of September 11, 2013
Vessel		$	54,000
Above market acquired time charter		$	19,329
Identifiable assets		$	73,329
Purchase price			(65,000	)
Gain from bargain purchase		$	8,329

Identifiable intangible assets (Table Text Block)

Intangible assets		As of September 11, 2013				Duration of time charter acquired
Above market acquired time charter		$	19,329			11.6 years

Pro Forma Financial Information (Table Text Block)

Total revenues	$	174,045
Partnership's net income	$	100,144
Preferred unit holders' interest in Partnership's net income	$	18,805
General Partner's interest in Partnership's net income	$	1,611
Common unit holders interest in Partnership's net income	$	79,728
Net income per common unit basic
Net income per common unit diluted	$	1.01

Cronus Container Carrier S.A.

Business Acquisition

Purchase price allocation (Table Text Block)

		As of September 11, 2013
Vessel		$	54,000
Above market acquired time charter		$	19,358
Identifiable assets		$	73,358
Purchase price			(65,000	)
Gain from bargain purchase		$	8,358

Identifiable intangible assets (Table Text Block)

Intangible assets		As of September 11,  2013				Duration of time charter acquired
Above market acquired time charter		$	19,358			11.6 years

Pro Forma Financial Information (Table Text Block)

Total revenues	$	173,699
Partnership's net income	$	100,031
Preferred unit holders' interest in Partnership's net income	$	18,805
General Partner's interest in Partnership's net income	$	1,609
Common unit holders interest in Partnership's net income	$	79,617
Net income per common unit basic	$	1.04
Net income per common unit diluted	$	1.01

Hercules Container Carrier S.A.

Business Acquisition

Purchase price allocation (Table Text Block)

		As of March 20, 2013
Vessel		$	54,000
Above market acquired time charter		$	19,707
Identifiable assets		$	73,707
Purchase price			(65,000	)
Gain from bargain purchase		$	8,707

Identifiable intangible assets (Table Text Block)

Intangible assets		As of March 20, 2013				Duration of time charter acquired
Above market acquired time charter		$	19,707			11.8 years

Pro Forma Financial Information (Table Text Block)

Total revenues	$	171,717
Partnership's net income	$	99,571
Preferred unit holders' interest in Partnership's net income	$	18,805
General Partner's interest in Partnership's net income	$	1,600
Common unit holders interest in Partnership's net income	$	79,166
Net income per common unit basic	$	1.04
Net income per common unit diluted	$	1.01

Iason Container Carrier S.A.

Business Acquisition

Purchase price allocation (Table Text Block)

		As of March 27, 2013
Vessel		$	54,000
Above market acquired time charter		$	19,768
Identifiable assets		$	73,768
Purchase price		$	(65,000	)
Gain from bargain purchase		$	8,768

Identifiable intangible assets (Table Text Block)

Intangible assets		As of March 27, 2013				Duration of time charter acquired
Above market acquired time charter		$	19,768			11.8 years

Agamemnon Container Carrier Corp.

Business Acquisition

Purchase price allocation (Table Text Block)

		As of December 22, 2012
Vessel		$	68,000
Above market acquired time charter		$	2,250
Identifiable assets		$	70,250
Purchase price		$	(70,250)

Identifiable intangible assets (Table Text Block)

Intangible assets		As of December 22, 2012				Duration of time charter acquired
Above market acquired time charter		$	2,250				2.6 years

Pro Forma Financial Information (Table Text Block)

		For the year ended December 31,
		2012				2011
Total revenues		$	154,227			$	137,065
Partnership's net income			2,210				72,508
Preferred unit holders' interest in Partnership's net income			10,809				-
General Partner's interest in Partnership's net (loss) / income			(172	)			1,450
Common unit holders interest in Partnership's net (loss) / income		$	(8,427	)		$	71,058
Net (loss) / income per common unit (basic and diluted)		$	(0.12	)		$	1.51

Archimidis Container Carrier Corp.

Business Acquisition

Purchase price allocation (Table Text Block)

		As of December 22, 2012
Vessel		$	65,000
Above market acquired time charter		$	2,250
Identifiable assets		$	67,250
Purchase price		$	(67,250	)

Identifiable intangible assets (Table Text Block)

Intangible assets		As of December 22, 2012				Duration of time charter  acquired
Above market acquired time charter		$	2,250						3.0 years

Pro Forma Financial Information (Table Text Block)

		For the year ended December 31,
		2012				2011
Total revenues		$	155,011			$	139,890
Partnership's net income			2,746				72,813
Preferred unit holders' interest in Partnership's net income			10,809				—
General Partner's interest in Partnership's net (loss) / income			(161	)			1,456
Common unit holders interest in Partnership's net (loss)/income		$	(7,902	)		$	71,357
Net (loss)/income per common unit (basic and diluted)		$	(0.12	)		$	1.51

Patroklos Marine Corp.

Business Acquisition

Purchase price allocation (Table Text Block)

		As of June 9, 2011
Vessel		$	51,500
Above market acquired time charter		$	48,551
Identifiable assets		$	100,051
Purchase price		$	(83,525	)
Gain from bargain purchase		$	16,526

Identifiable intangible assets (Table Text Block)

Intangible assets		As of June 9, 2011				Duration of time charter  acquired
Above market acquired time charter		$	48,551						9.1 years

Crude Carriers Corp.

Business Acquisition

Purchase price allocation (Table Text Block)

		As of September 30, 2011
Current assets		$	30,300
Vessels			351,750
Total liabilities			(159,059	)
Net assets acquired and liabilities assumed		$	222,991
Purchase price		$	(157,064	)
Gain from bargain purchase		$	65,927

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- Definition

Tabular disclosure of above market acquired time charter.

+ References

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- Definition

Tabular disclosure of all of the fair values of the purchase price and assets and liabilities acquired in a business combination.

+ References

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- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (h)(2)-(3)

-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463

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