XML 17 R9.htm IDEA: XBRL DOCUMENT v3.7.0.1
Vessels, net
 6 Months Ended
Jun. 30, 2017
Property Plant And Equipment [Abstract]  
Fixed assets
 4. Vessels, net
 
An analysis of vessels is as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
Vessel Cost
 
  
Accumulated
depreciation
 
  
Net book
value
Balance as at January 1, 2017
  
$
1,775,689
  
  
$
(407,958
) 
  
$
1,367,731
 
  
 
 
 
  
 
 
 
  
 
 
Improvements
  
 
944
 
  
 
—  
  
  
 
944
Depreciation for the period
  
 
—  
  
  
 
(35,689
 ) 
  
 
(35,689
)
 
  
 
 
 
  
 
 
 
  
 
 
Balance as at June 30, 2017
  
$
1,776,633
  
  
$
(443,647)
 
  
$
1,332,986
 
  
 
 
 
  
 
 
 
  
 
 
All of the Partnership's vessels as of June 30, 2017 have been provided as collateral to secure the Partnership's credit facilities.
During the six-month period ended June 30, 2017, the M/V Agamemnon, the M/T Amore Mio II, the M/T Miltiadis M II, the M/T Ayrton II and the M/T Axios underwent improvements. The costs of these improvements for these vessels amounted to $944 and were capitalized as part of the vessels' cost.