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Consolidated Statements of Comprehensive (Loss) / Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue:      
Revenues (Note 4) $ 108,374 $ 116,894 $ 106,696
Revenues - related party (Notes 4, 5) 0 701 9,976
Total Revenues 108,374 117,595 116,672
Expenses:      
Voyage expenses (Note 11) 2,930 9,113 4,667
Vessel operating expenses (Note 11) 26,632 26,427 27,398
Vessel operating expenses - related parties (Notes 5, 11) 3,917 4,221 4,466
General and administrative expenses (Notes 5, 14) 5,502 5,713 6,236
Vessel depreciation and amortization (Note 6) 29,261 32,813 35,979
Impairment of vessels (Note 6) 0 28,805 3,282
Operating income 40,132 10,503 34,644
Other income / (expense), net:      
Interest expense and finance cost (Note 8) (17,036) (18,964) (19,963)
Other income 1,325 850 1,114
Total other expense, net (15,711) (18,114) (18,849)
Partnership's net income / (loss) from continuing operations attributable to: 24,421 (7,611) 15,795
Preferred unit holders' interest in Partnership's net income from continuing operations 2,652 11,101 11,101
Deemed dividend to preferred unit holders' (Note 13) 9,119 0 0
General Partner's interest in Partnership's net income / (loss) from continuing operations 236 (352) 86
Common unit holders' interest in Partnership's net income / (loss) from continuing operations 12,414 (18,360) 4,608
Partnership's net (loss) / income from discontinued operations (Note 3) (146,876) 7,507 22,688
Total Partnership's comprehensive (loss) / income $ (122,455) $ (104) $ 38,483
Net income / (loss) from continuing operations per (Note 15):      
Common unit, basic and diluted (adjusted for the March 2019 Reverse Split) $ 0.68 $ (1.01) $ 0.26
Weighted-average units outstanding:      
Common units, basic and diluted (adjusted for the March 2019 Reverse Split) 18,178,144 18,100,455 17,692,192
Net (loss) / income from discontinued operations per:      
Common unit, basic and diluted (adjusted for the March 2019 Reverse Split) $ (7.93) $ 0.41 $ 1.25
Net (loss) / income from operations per:      
Common unit, basic and diluted (adjusted for the March 2019 Reverse Split) $ (7.25) $ (0.60) $ 1.51