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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 16,206 $ 109,917
Trade accounts receivable 143 48
Prepayments and other assets 1,105 692
Inventories 718 1,220
Due from related party 0 1,086
Total current assets 18,172 112,963
FIXED ASSETS, NET:    
Vessels, net 916,697 947,377
Total fixed assets, net 916,697 947,377
OTHER NON-CURRENT ASSETS:    
Restricted cash 50,000 0
Due from related party 1,350 1,350
Accrued charter revenue 745 342
Deferred charges 2,223 1,404
Total assets 989,187 1,063,436
CURRENT LIABILITIES:    
Current portion of long-term debt, net of unamortized deferred financing fees of $2,518 and $3,046, respectively 45,482 251,754
Trade payables 5,496 5,736
Due to related party 2,202 306
Accrued liabilities 1,641 4,206
Unearned revenue 9,814 10,740
Total current liabilities 64,635 272,742
NON-CURRENT LIABILITIES:    
Deferred revenue 3,173 3,147
Long-term debt, net of current portion and unamortized deferred financing fees of $7,328 and $6,938, respectively 607,672 461,062
Total non-current liabilities 610,845 464,209
Commitments and contingencies 0 0
PARTNERS' EQUITY:    
Common unitholders (unlimited authorized; 35,490,000 units issued and outstanding as at December 31, 2019 and 2018) 187,021 199,400
General Partner (35,526 units issued and outstanding as at December 31, 2019 and 2018) (28) (16)
Total partners' equity 313,707 326,485
Total liabilities and partners' equity 989,187 1,063,436
Series A Preferred Stock    
PARTNERS' EQUITY:    
Total partners' equity 73,216 73,216
Preferred unitholders 73,216 73,216
Series B Preferred Stock    
PARTNERS' EQUITY:    
Total partners' equity 53,498 53,885
Preferred unitholders $ 53,498 $ 53,885