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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenue:      
Revenues $ 156,613 $ 119,907 $ 116,520
Revenues - related party (Note 4) 63,731 72,870 54,974
Total revenues 220,344 192,777 171,494
Expenses:      
Voyage expenses (Note 10) 6,479 5,907 5,776
Voyage expenses - related party (Notes 4, 10) 411 338 314
Vessel operating expenses (Note 10) 58,625 48,714 38,284
Vessel operating expenses - related party (Notes 4, 10) 11,708 13,315 17,039
General and administrative expenses (Note 4) 6,608 6,316 9,477
Loss on sale of vessels to third parties 0 0 7,073
Vessel depreciation and amortization (Note 5) 62,707 57,476 52,208
Operating income 73,806 60,711 41,323
Non operating income:      
Gain on sale of claim (Note 15) 0 0 31,356
Gain from bargain purchase (Note 3) 0 0 42,256
Total non operating income 0 0 73,612
Other income / (expense):      
Interest expense and finance cost (Note 7) (20,143) (19,225) (15,991)
Gain on interest rate swap agreement (Note 8) 0 0 4
Other income 1,747 2,526 533
Total other expense, net (18,396) (16,699) (15,454)
Partnership's net income 55,410 44,012 99,481
Preferred unit holders' interest in Partnership's net income 11,334 14,042 18,805
General Partner's interest in Partnership's net income 879 593 1,598
Common unit holders' interest in Partnership's net income $ 43,197 $ 29,377 $ 79,078
Net income per: (Note 14)      
Common unit basic $ 0.38 $ 0.31 $ 1.04
Weighted-average units outstanding:      
Common unit basic 115,030,879 93,353,168 75,645,207
Net income per: (Note 14)      
Common unit diluted $ 0.38 $ 0.31 $ 1.01
Weighted-average units outstanding:      
Common units diluted 115,030,879 93,353,168 97,369,136
Comprehensive income:      
Partnership's net income $ 55,410 $ 44,012 $ 99,481
Other Comprehensive income:      
Unrealized gain on derivative instruments (Note 8) 0 0 462
Comprehensive income $ 55,410 $ 44,012 $ 99,943