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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
CONSOLIDATED STATEMENTS OF INCOME [Abstract]      
Time charter revenues $ 186,953 $ 143,231 $ 92,643
Time charter expenses (13,473) (12,027) (13,925)
Direct vessel expenses (61) (92) (415)
Management fees (26,343) (19,746) (11,004)
General and administrative expenses (4,965) (4,303) (3,208)
Depreciation and amortization (63,971) (41,174) (15,877)
Write-off of intangible asset (3,979) 0 0
Interest expense and finance cost, net (9,244) (6,360) (8,048)
Interest income 821 1,017 261
Compensation expense 0 0 (6,082)
Other income 272 85 94
Other expense (675) (120) (117)
Net income $ 65,335 $ 60,511 $ 34,322
Weighted average units outstanding (basic and diluted)      
Common unit holders 45,409,807 33,714,905 17,174,185
Subordinated unit holders 7,621,843 7,621,843 7,621,843
General partner unit holders 1,102,689 864,017 516,441
Subordinated Series A unit holders 1,000,000 1,000,000 1,000,000
Earnings per unit      
Common unit (basic and diluted) $ 1.33 $ 1.51 $ 1.47
Subordinated unit (basic and diluted) $ 0.46 $ 1.11 $ 1.09
General Partner Unit (basic and diluted) $ 1.19 $ 1.42 $ 1.4
Subordinated Series A unit (basic and diluted) $ 0 $ 0 $ 0