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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
OPERATING ACTIVITIES      
Net income $ 59,006 $ 95,898 $ 65,335
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 77,505 71,622 63,971
Write-off of intangible asset 0 0 3,979
Amortization and write-off of deferred financing cost 4,035 787 530
Amortization of deferred dry dock costs 0 25 61
Changes in operating assets and liabilities:      
Net increase in restricted cash (2) (3) (2)
Increase in accounts receivable (8,520) (2,943) (3,899)
(Increase)/decrease in prepaid expenses and other current assets (1,069) 1,583 396
(Decrease)/increase in other long term assets 188 (202) 75
Increase in accounts payable 1,081 68 946
Increase in accrued expenses 277 613 1,045
Decrease in deferred voyage revenue (6,115) (6,038) (6,417)
(Decrease)/increase in amounts due to related parties (21,544) 17,671 1,444
Net cash provided by operating activities 104,842 179,081 127,464
INVESTING ACTIVITIES:      
Acquisition of vessels (341,193) (46,307) 0
Acquisition of vessels from related parties 0 (42,198) (76,220)
Deposits for acquisition of vessels (7,271) 0 0
Acquisition of intangibles from related parties 0 (21,193) (43,780)
Investment in affiliates (500) 0 0
Loans receivable from affiliates (280) 0 0
Increase in restricted cash (98,179) 0 0
Release of restricted cash for vessel acquisitions 64,750 0 0
Net cash used in investing activities (382,673) (109,698) (120,000)
FINANCING ACTIVITIES:      
Cash distributions paid (122,382) (106,878) (95,499)
Net proceeds from issuance of general partner units 3,167 1,472 2,052
Proceeds from issuance of common units, net of offering costs 148,022 68,563 86,288
Proceeds from long term debt 434,500 44,000 35,000
Net decrease/(increase) in restricted cash 28,354 (21,058) (7,642)
Repayment of long-term debt and payment of principal (201,412) (70,340) (30,450)
Debt issuance costs (9,204) (1,088) (413)
Net cash provided by/(used in) financing activities 281,045 (85,329) (10,664)
Increase/(decrease) in cash and cash equivalents 3,214 (15,946) (3,200)
Cash and cash equivalents, beginning of period 32,132 48,078 51,278
Cash and cash equivalents, end of period 35,346 32,132 48,078
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Cash paid for interest 13,324 9,957 8,131
Issuance of common units to Navios Holdings related to the acquisition of the Navios Luz and the Navios Orbiter in May 2011 $ 0 $ 0 $ 9,960