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Discontinued Operations | 6 Months Ended
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Jun. 30, 2019
Disclosure Text Block [Abstract] |
Discontinued operations | 4. Discontinued Operations The Partnership’s discontinued operations relate to the operations of Diamond S, as following the spin-off, the Partnership has no continuing involvement in this business (Note 1). Summarized selected operating results of the Partnership’s discontinued operations for the six-month periods ended June 30, 2019 and 2018 were as follows:
Major items constituting (loss) / income from discontinued operations | For the six-month periods ended June 30,
2019* | 2018
Revenues | 46,245 | 72,847
Expenses: |  |
Voyage expenses | 12,821 | 12,934
Vessel operating expenses | 15,603 | 34,050
General and administrative expenses | 2,220 | -
Vessel depreciation and amortization | 9,630 | 19,824
Impairment of vessels | 149,578 | -
Interest expense and finance cost | 3,174 | 4,035
Other income | (43) | (119)
Net (loss) / income from discontinued operations | (146,738) | 2,123
*represents activity for the period from January 1, 2019 to the date of the completion of the DSS Transaction on March 27, 2019. As the Partnership spun off its Tanker Business before June 30, 2019, assets and liabilities contributed to the DSS Transaction are no longer included in the unaudited condensed consolidated balance sheet as of June 30, 2019. Balance sheet information of the Partnership’s discontinued operations as of December 31, 2018 was as follows:
Carrying amounts of major classes of assets included as part of discontinued operations | As of December 31, 2018
Cash | 10,000
Inventories | 7,183
Prepayments and other assets | 6,515
Total major classes of current assets of the discontinued operations | 23,698
Vessels | 643,68 2
Deferred charges | 2,220
Above market acquired charters | 7,53 1
Prepayments and other assets, non-current | 1,035
Total major classes of non-current assets of the discontinued operations | 654,468
Total major classes of assets of the discontinued operations | 678,166
Carrying amounts of major classes of liabilities included as part of discontinued operations |
Current portion of long-term debt, net | 14,869
Deferred revenue | 1,61 1
Trade accounts payables and accrued liabilities | 5,055
Total major classes of current liabilities of the discontinued operations | 21,535
Long-term debt, net | 134,744
Total major classes of long-term liabilities of the discontinued operations | 134,744
Total major classes of liabilities of the discontinued operations | 156,279

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 + Details
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