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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets    
Cash and cash equivalents $ 48,078 $ 51,278
Restricted cash 8,468 824
Accounts receivable, net 4,835 936
Prepaid expenses and other current assets 2,177 2,574
Total current assets 63,558 55,612
Vessels, net 667,213 612,358
Deferred financing costs, net 2,466 2,582
Other long term assets 106 242
Intangible assets 176,581 170,091
Total non-current assets 846,366 785,273
Total assets 909,924 840,885
Current liabilities    
Accounts payable 2,022 1,076
Accrued expenses 2,986 1,941
Deferred voyage revenue 10,920 10,575
Current portion of long-term debt 36,700 29,200
Amount due to related parties 4,077 2,633
Total current liabilities 56,705 45,425
Long term debt 289,350 292,300
Unfavorable lease terms 0 665
Deferred voyage revenue 4,230 10,992
Total non-current liabilities 293,580 303,957
Total liabilities 350,285 349,382
Commitments and contingencies      
Partners' capital    
Common Unitholders (46,887,320 and 41,779,404 units issued and outstanding at December 31, 2011 and December 31, 2010, respectively) 729,550 651,965
Subordinated Unitholders (7,621,843 units issued and outstanding at December 31, 2011 and December 31, 2010) (177,969) (168,229)
General Partner (1,132,843 and 1,028,599 units issued and outstanding at December 31, 2011 and December 31, 2010, respectively) 1,976 1,685
Subordinated Series A Unitholders (1,000,000 units issued and outstanding at December 31, 2011 and December 31, 2010) 6,082 6,082
Total partners' capital 559,639 491,503
Total liabilities and partners' capital $ 909,924 $ 840,885