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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 41,061 $ 48,078
Restricted cash 11,165 8,468
Accounts receivable, net 4,484 4,835
Prepaid expenses and other current assets 404 2,177
Total current assets 57,114 63,558
Vessels, net 697,111 667,213
Deferred financing costs, net 2,196 2,466
Other long term assets 399 106
Intangible assets 179,704 176,581
Total non-current assets 879,410 846,366
Total assets 936,524 909,924
Current liabilities    
Accounts payable 1,566 2,022
Accrued expenses 3,968 2,986
Deferred voyage revenue 11,144 10,920
Current portion of long-term debt 16,950 36,700
Amount due to related parties 16,960 4,077
Total current liabilities 50,588 56,705
Long term debt 273,500 289,350
Unfavorable lease terms 0 0
Deferred voyage revenue 896 4,230
Total non-current liabilities 274,396 293,580
Total liabilities 324,984 350,285
Commitments and contingencies      
Partners' capital    
Common Unitholders (60,109,163 and 46,887,320 units issued and outstanding at June 30, 2012 and December 31, 2011, respectively) 609,180 729,550
Subordinated Unitholders (0 and 7,621,843 units issued and outstanding at June 30, 2012 and December 31, 2011, respectively) 0 (177,969)
General Partner (1,226,721 and 1,132,843 units issued and outstanding at June 30, 2012 and December 31, 2011, respectively) 2,360 1,976
Subordinated Series A Unitholders (1,000,000 units issued and outstanding at June 30, 2012 and December 31, 2011, respectively) 0 6,082
Total partners' capital 611,540 559,639
Total liabilities and partners' capital $ 936,524 $ 909,924