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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities of continuing operations:      
Net (loss) / income from continuing operations $ (7,611) $ 15,795 $ 18,750
Adjustments to reconcile net (loss) / income to net cash provided by operating activities of continuing operations:      
Vessel depreciation and amortization (Note 5) 32,813 35,979 35,082
Amortization and write off of deferred financing costs 1,359 961 1,009
Amortization of above market acquired charters (Note 6) 14,380 14,380 14,309
Equity compensation expense (Note 13) 613 1,156 1,074
Impairment of vessel (Notes 5, 8) 28,805 3,282 0
Changes in operating assets and liabilities:      
Trade accounts receivable (11,354) (2,275) 183
Prepayments and other assets 855 710 (831)
Inventories 1,147 (438) (153)
Trade accounts payable 4,074 2,766 (595)
Due to related parties 3,508 (1,861) (6,059)
Accrued liabilities 1,648 7,624 662
Deferred revenue (10,059) (11,542) 24,976
Dry docking costs paid (609) (1,479)
Net cash provided by operating activities of continuing operations 60,178 65,928 86,928
Cash flows from investing activities of continuing operations:      
Vessel acquisitions and improvements including time charter agreements (Note 5) (2,428) (1,679) (74,502)
Net proceeds from sale of vessels 39,789 0 0
Net cash provided by / (used in) investing activities of continuing operations 37,361 (1,679) (74,502)
Cash flows from financing activities of continuing operations:      
Proceeds from issuance of Partnership units (Note 12) 0 17,815 4,546
Expenses paid for issuance of Partnership units 0 (247) (784)
Proceeds from issuance of long-term debt (Note 7) 0 0 26,661
Payments of long-term debt (Note 7) (55,283) (98,464) (13,219)
Deferred financing costs paid (72) (3,803) (24)
Dividends paid (Note 12) (52,600) (51,630) (68,193)
Net cash used in financing activities of continuing operations (107,955) (136,329) (51,013)
Net decrease in cash, cash equivalents and restricted cash from continuing operations (10,416) (72,080) (38,587)
Cash flows from discontinued operations      
Operating activities 37,712 61,046 68,158
Investing activities (41,837) (359) (16,280)
Financing activities (18,557) (31,988) 4,197
Net (decrease) / increase in cash, cash equivalents and restricted cash from discontinued operations (22,682) 28,699 56,075
Net (decrease) / increase in cash, cash equivalents and restricted cash (33,098) (43,381) 17,488
Cash, cash equivalents and restricted cash at the beginning of the year 71,297 114,678 97,190
Cash, cash equivalents and restricted cash at the end of the year 38,199 71,297 114,678
Supplemental cash flow information      
Cash paid for interest 24,952 19,646 23,763
Non-Cash Investing and Financing Activities      
Capital expenditures included in liabilities 547 312 1,383
Offering expenses included in liabilities 0 35 106
Deferred financing costs included in liabilities 0 79 0
Capitalized dry docking costs included in liabilities 480 11 1,141
Assumption of loans regarding the acquisition of the shares of the companies owning the M/T Aristaios, the M/T Anikitos and the M/T Amor included in discontinued operations 43,958 0 15,750
Units issued to acquire the shares of the company owning M/T Amor included in discontinued operations 0 0 911
Reconciliation of cash, cash equivalents and restricted cash      
Cash and cash equivalents 21,203 53,297 96,678
Restricted cash - Non-current assets 16,996 18,000 18,000
Cash, cash equivalents and restricted cash at the end of the year $ 38,199 $ 71,297 $ 114,678