Segment Information

6 Months Ended

Jun. 30, 2017

SEGMENT INFORMATION [Abstract]

Segment Information

NOTE 9 - SEGMENT INFORMATION

The Company currently has two reportable segments from which it derives its revenues: Navios Partners Operations and Navios Containers Operations. The reportable segments reflect the internal organization of the Company whereby the Chief Operating Decision Maker (“CODM”) reviews the discrete financial information of the Navios Partners' controlled fleet and the Navios Containers' controlled fleet.

The Company measures segment performance based on net (loss)/income attributable to Navios Partners common unitholders. Summarized financial information concerning each of the Company's reportable segments is as follows:

	Navios Partners Operations												Navios Containers Operations													Total
	Three Month						Three Month						Three Month						Three Month				Eliminations			Three Month										Three Month
	Period Ended						Period Ended						Period Ended						Period Ended							Period Ended										Period Ended
	June 30,						June 30,						June 30,						June 30,							June 30,										June 30,
	2017						2016						2017						2016							2017										2016
Revenue	$		46,916				$		44,877				$		3,102				$		—		—			$	50,018						$		44,877
Management fees			(14,760		)				(14,719		)				(702		)				—		—				(15,462				)				(14,719					)
Interest expense and finance cost, net			(8,138		)				(8,369		)				(80		)				—		73				(8,145				)				(8,369					)
Depreciation and amortization			(17,360		)				(18,809		)				(1,320		)				—		—				(18,680				)				(18,809					)
Net income/ (loss)			7,987						(16,807		)				881						—		(4,423			)	4,445								(16,807					)
Total assets			1,275,942						1,288,362						97,333						—		(45,723			)	1,327,552								1,288,362
Capital expenditures			(95,247		)				—						(44,567		)				—		30,000				(109,814				)				-
Investment in affiliates			1,192						1,340						—						—		(30,000			)	1,192								1,340
Cash and cash equivalents			44,813						25,327						34,936						—		—				79,749								25,327
Restricted cash			6,299						1,572						—						—		—				6,299								1,572
Long-term debt (including current and non-current portion), net	$		441,347				$		555,007				$		33,670				$		—		—			$	475,017						$		555,007
	Navios Partners Operations												Navios Containers Operations															Total
	Six Month						Six Month						Six Month						Six Month					Eliminations				Six Month						Six Month
	Period Ended						Period Ended						Period Ended						Period Ended									Period Ended						Period Ended
	June 30,						June 30,						June 30,						June 30,									June 30,						June 30,
	2017						2016						2017						2016									2017						2016
Revenue		$		89,327				$		90,518				$		3,102				$		—			—				$	92,429							$		90,518
Management fees				(29,103		)				(29,439		)				(702		)				—			—					(29,805		)							(29,439		)
Interest expense and finance cost, net				(18,493		)				(16,033		)				(80		)				—			73					(18,500		)							(16,033		)
Depreciation and amortization				(34,135		)				(37,614		)				(1,320		)				—			—					(35,455		)							(37,614		)
Net income/ (loss)				2,334						(16,598		)				881						—			(4,423)					(1,208		)							(16,598		)
Total assets				1,275,942						1,288,362						97,333						—			(45,723				)	1,327,552									1,288,362
Capital expenditures				2,798						(450		)				(44,567		)				—			30,000					(11,769		)							(450		)
Investment in affiliates				31,192						1,340						—						—			(30,000				)	1,192									1,340
Cash and cash equivalents				44,813						25,327						34,936						—			—					79,749								25,327
Restricted cash				6,299						1,572						—									—					6,299								1,572
Long-term debt (including current and non-current portion), net				441,347						555,007						33,670						—			—					475,017								555,007

Navios Partners reports financial information and evaluates its operations by charter revenues. Navios Partners does not use discrete financial information to evaluate operating results for each type of charter or by sector. As a result, management reviews operating results solely by revenue per day and operating results of the fleet and thus Navios Partners has determined that it operates under one reportable segment.

The following table sets out operating revenue by geographic region for Navios Partners' reportable segment. Revenue is allocated on the basis of the geographic region in which the customer is located. Drybulk and container vessels operate worldwide. Revenues from specific geographic region which contribute over 10% of total revenue are disclosed separately.

Revenue by Geographic Region

Vessels operate on a worldwide basis and are not restricted to specific locations. Accordingly, it is not possible to allocate the assets of these operations to specific countries.

	Three Month Period ended June 30, 2017	Three Month Period ended June 30, 2016	Six Month Period ended June 30, 2017	Six Month Period ended June 30, 2016
Asia	$      30,250	$      29,289	$      55,047	$      56,520
Europe	10,217	9,561	19,683	22,588
North America	5,161	3,173	9,654	5,769
Australia	4,390	2,854	8,045	5,641
Total	$      50,018	$      44,877	$      92,429	$      90,518