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Transactions with Related Parties (Tables)
6 Months Ended
Jun. 30, 2015
Transactions with Related Parties (Abstract)  
Balances and Transactions with Related Parties (Table Text Block)
 
 
 
 
 
 
 
 
Unaudited Condensed Consolidated Balance Sheets
  
As of
June 30,
2015
 
  
As of
December 31,
2014
Assets:
  
 
 
 
  
 
 
Hire receivable (c)
  
$
2,227
 
  
$
55
Due from related parties
  
 
2,227
 
  
 
55
Advances for vessels under construction - related party (Note 4)
 
 
36,318
 
 
 
66,641
Total assets
  
$
38,545
 
  
$
66,696
Liabilities:
  
 
 
 
  
 
 
Manager - payments on behalf of the Partnership (a)
  
$
16,828
  
  
 $
16,517
Management fee payable to CSM (b)
  
 
958
  
  
 
980
Due to related parties
  
$
17,786
  
  
$
17,497
Deferred revenue - current (e)
  
 
4,747
  
  
 
6,020
Total liabilities
  
$
22,533
  
  
$
23,517
 
 
 
 
 
 
 
 
 
  
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
Unaudited Condensed Consolidated Statements of ComprehensiveIncome
  
For the six month periods ended June 30,
  
2015
 
  
2014
Revenues (c)
  
$
36,052
  
  
$
33,632
Voyage expenses
  
 
206
  
  
 
161
Vessel operating expenses
  
 
         5,863
 
  
 
         7,532
General and administrative expenses (d)
  
 
1,278
  
  
 
1,495
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
 
09/2013
 
09/2014
 
$14.3 ($14.1)
M/T Agisilaos
 
1 TC
 
09/2014
 
08/2015
 
$14.3 ($14.1)
M/T Axios
 
1 TC
 
06/2013
 
07/2014
 
 $14.8  ($14.6)
M/T Axios
 
1 TC
 
07/2014
 
06/2015
 
$14.8 ($14.6)
M/T Arionas
 
1 TC
 
11/2013
 
12/2014
 
$14.3 ($14.1)
M/T Arionas
 
1.1 TC
 
12/2014
 
01/2016
 
$15.0 ($14.8)
M/T Alkiviadis
 
1 TC
 
07/2013
 
09/2014
 
$14.3 ($14.1)
M/T Amore Mio II
 
1 TC
 
12/2013
 
04/2015
 
$17.0 ($16.8)
M/T Amore Mio II
 
1 to 1.2 TC
 
04/2015
 
04/2016
 
$27.0 ($26.7)
M/T Avax
 
1 TC
 
09/2014
 
06/2015
 
$14.8 ($14.6)
M/T Akeraios
 
1.5 TC
 
07/2013
 
03/2015
 
$15.0 ($14.8)
M/T Akeraios
 
2 TC
 
03/2015
 
02/2017
 
$15.6 ($15.4)
M/T Apostolos
 
1.2 to 1.5 TC
 
10/2013
 
04/2015
 
$14.9 ($14.7)
M/T Apostolos
 
2 TC
 
04/2015
 
03/2017
 
$15.6 ($15.4)
M/T Anemos I
 
1.2 to 1.5 TC
 
12/2013
 
06/2015
 
$14.9 ($14.7)
M/T Anemos I
 
1 TC
 
06/2015
 
05/2016
 
$17.3 ($17.0)
M/T Aristotelis
 
1.5 to 2 TC
 
12/2013
 
12/2015
 
$17.0 ($16.8)
M/T Amoureux
 
11 TC
 
10/2011
 
01/2014
 
$20.0$24.0
($19.8$23.7)
M/T Amoureux
 
1 TC
 
01/2014
 
04/2015
 
$24.0 ($23.7)
M/T Aias
 
1 TC
 
12/2013
 
02/2015
 
$24.0 ($23.7)
M/T Assos
 
1 TC
 
06/2014
 
04/2015
 
$14.8 ($14.6)
M/T Atrotos
 
1 TC
 
05/2014
 
05/2015
 
$14.8 ($14.6)
M/T Atrotos
 
1 TC
 
05/2015
 
04/2016
 
$15.3 ($15.1)
M/T Active
 
2 TC
 
04/2015
 
06/2015
 
$17.0 ($16.8)
M/T Amadeus
 
2 TC
 
06/2015
 
05/2017
 
$17.0 ($16.8)