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Transactions with Related Parties (Tables)
12 Months Ended
Dec. 31, 2013
Transactions with Related Parties (Abstract)  
Balances and Transactions with Related Parties (Table Text Block)
 
 
 
 
 
 
 
 
 
 
Consolidated Balance Sheets
  
As of
December 31,
2013
 
  
As of
December 31,
2012
 
Assets:
  
 
 
 
  
 
 
 
Hire receivable (c)
  
$
667  
  
  
$
—  
  
 
  
 
 
 
  
 
 
 
Due from related parties
  
 
667  
  
  
 
—  
  
 
  
 
 
 
  
 
 
 
Total assets
  
$
667  
  
  
$
—  
  
 
  
 
 
 
  
 
 
 
Liabilities:
  
 
 
 
  
 
 
 
Manager - payments on behalf of the Partnership (a)
  
$
12,333
  
  
 
15,957
  
Management fee payable to CSM (b)
  
 
1,353
  
  
 
1,490
  
 
  
 
 
 
  
 
 
 
Due to related parties
  
$
13,686
  
  
$
17,447
  
 
  
 
 
 
  
 
 
 
Deferred revenue - current (e)
  
 
5,198
  
  
 
4,637
  
 
  
 
 
 
  
 
 
 
Total liabilities
  
$
18,884
  
  
$
22,084
  
 
  
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
For the year ended
December 31,
 
Consolidated Statements of Income
  
2013
 
  
2012
 
  
2011
 
Revenues (c)
  
$
54,974
  
  
$
69,938
  
  
$
31,799
  
Voyage expenses
  
 
314
 
 
 
554
 
  
 
165
 
Vessel operating expenses
  
 
17,039
  
  
 
23,634
  
  
 
30,516
  
General and administrative expenses (d)
  
 
3,052
  
  
 
3,092
  
  
 
1,630
  
Charter Agreements (Table Text Block)
 
 
 
 
 
 
 
 
 
Vessel Name
 
Time
Charter (TC)
in years
 
Commencement of
Charter
 
Termination or
earliest expected
redelivery
 
Gross (Net) Daily
Hire Rate
M/T Agisilaos
 
1 TC
 
08/2011
 
09/2012
 
$13.5 ($13.3)
M/T Agisilaos
 
1 TC
 
09/2012
 
09/2013
 
$13.5 ($13.3)
M/T Agisilaos
 
1 TC
 
09/2013
 
08/2014
 
$14.3 ($14.1)
M/T Axios
 
1 TC
 
06/2012
 
06/2013
 
$14.0 ($13.8)
M/T Axios
 
1 TC
 
06/2013
 
05/2014
 
$14.8 ($14.6)
M/T Arionas
 
1 TC
 
10/2011
 
11/2012
 
$13.8 ($13.6)
M/T Arionas
 
1 TC
 
11/2012
 
11/2013
 
$13.8 ($13.6)
M/T Arionas
 
1 TC
 
11/2013
 
10/2014
 
$14.3 ($14.1)
M/T Alkiviadis
 
2 TC
 
06/2010
 
07/2012
 
$13.0 ($12.8)
M/T Alkiviadis
 
1 TC
 
07/2012
 
07/2013
 
$13.4 ($13.2)
M/T Alkiviadis
 
1 TC
 
07/2013
 
06/2014
 
$14.3 ($14.1)
M/T Amore Mio II
 
0.9 to 1.2TC
 
12/2011
 
03/2012
 
$18.3 ($18.0)
M/T Amore Mio II
 
1 TC
 
12/2013
 
11/2014
 
$17.0 ($16.8)
M/T Avax
 
1 TC
 
05/2011
 
05/2012
 
$14.0 ($13.8)
M/T Avax
 
1 TC
 
05/2012
 
05/2013
 
$14.0 ($13.8)
M/T Avax
 
1 TC
 
05/2013
 
10/2013
 
$14.8 ($14.6)
M/T Akeraios
 
1 TC
 
07/2011
 
07/2012
 
$14.0 ($13.8)
M/T Akeraios
 
1 TC
 
07/2012
 
07/2013
 
$14.0 ($13.8)
M/T Akeraios
 
1.5 TC
 
07/2013
 
12/2014
 
$15.0 ($14.8)
M/T Apostolos
 
1 TC
 
09/2012
 
10/2013
 
$14.0 ($13.8)
M/T Apostolos
 
1.2 to 1.5 TC
 
10/2013
 
12/2014
 
$14.9 ($14.7)
M/T Anemos I
 
1.2 to 1.5 TC
 
12/2013
 
02/2015
 
$14.9 ($14.7)
M/T Aristotelis
 
1.5 to 2 TC
 
12/2013
 
06/2015
 
$17.0 ($16.8)
M/T Miltiadis M II
 
1 TC
 
03/2012
 
09/2012
 
$18.3 ($18.0)
M/T Alexander
the Great(1)
 
1TC
 
11/2011
 
12/2012
 
$28.0 ($27.7)
M/T Amoureux
 
11 TC
 
10/2011
 
1/2014
 
$20.0$24.0
($19.8
$23.7)
M/T Aias
 
11 TC
 
11/2011
 
12/2013
 
$20.0$24.0
($19.8
$23.7)
M/T Aias
 
1 TC
 
12/2013
 
11/2014
 
$24.0 ($23.7)
M/T Agamemnon
 
1 TC
 
03/2013
 
10/2013
 
$14.5
M/T Achilleas (1)
 
1TC
 
01/2012
 
12/2012
 
$28.0 ($27.7)