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Basis of presentation
6 Months Ended
Jun. 30, 2017
Basis of Presentation [Abstract]  
Basis of presentation
NOTE 2 - BASIS OF PRESENTATION
The accompanying interim condensed consolidated financial statements are unaudited, but, in the opinion of management, reflect all adjustments for a fair statement of Navios Partners' consolidated financial positions, statement of partner's capital, statements of operations and cash flows for the periods presented. The results of operations for the interim periods are not necessarily indicative of results for the full year. The footnotes are condensed as permitted by the requirements for interim financial statements and accordingly, do not include information and disclosures required under United States generally accepted accounting principles (“U.S. GAAP”) for complete financial statements. All such adjustments are deemed to be of a normal recurring nature. These interim financial statements should be read in conjunction with the Company's consolidated financial statements and notes included in Navios Partners' 2016 Annual Report filed on Form 20-F with the Securities and Exchange Commission (“SEC”).
Based on internal forecasts and projections that take into account reasonably possible changes in our trading performance, management believes that the Company has adequate financial resources to continue in operation and meet its financial commitments, including but not limited to capital expenditures and debt service obligations, for a period of at least twelve months from the date of issuance of these interim condensed consolidated financial statements. Accordingly, the Company continues to adopt the going concern basis in preparing its financial statements.
The Company elected to early adopt the requirements of ASU 2017-01 effective beginning the second quarter ending June 30, 2017 and applied this guidance prospectively in the current period presented in the Company's condensed consolidated financial information in connection with the acquisition of the five container vessels (see note 4). The early adoption of this ASU did not have a material effect on the Company's consolidated financial statements.
  
The accompanying consolidated financial statements include the following entities:
 
 
 
 
 
 
 
Country of
Statements of operations
 
Company name
 
Vessel name
 
incorporation
 
2017
 
2016
 
Libra Shipping Enterprises Corporation
Navios Libra II
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Alegria Shipping Corporation
Navios Alegria
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Felicity Shipping Corporation
Navios Felicity
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Gemini Shipping Corporation
Navios Gemini S
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Galaxy Shipping Corporation
Navios Galaxy I
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Aurora Shipping Enterprises Ltd.
Navios Hope
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Palermo Shipping S.A. (***)
Navios Apollon
Marshall Is.
      1/01 - 04/21      
      1/01 - 06/30      
Fantastiks Shipping Corporation
Navios Fantastiks
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Sagittarius Shipping Corporation
Navios Sagittarius
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Hyperion Enterprises Inc.
Navios Hyperion
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Chilali Corp.
Navios Aurora II
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Surf Maritime Co.
Navios Pollux
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Pandora Marine Inc.
Navios Melodia
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Customized Development S.A.
Navios Fulvia
Liberia
      1/01 - 06/30      
      1/01 - 06/30      
Kohylia Shipmanagement S.A.
Navios Luz
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Orbiter Shipping Corp.
Navios Orbiter
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Floral Marine Ltd.
Navios Buena Ventura
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Golem Navigation Limited
Navios Soleil
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Kymata Shipping Co.
Navios Helios
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Joy Shipping Corporation
Navios Joy
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Micaela Shipping Corporation
Navios Harmony
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Pearl Shipping Corporation
Navios Sun
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Velvet Shipping Corporation
Navios La Paix
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Perigiali Navigation Limited
Navios Beaufiks
Marshall Is.
      1/01 - 06/30      
Finian Navigation Co.
Navios Ace
Marshall Is.
      06/09 - 06/30      
Ammos Shipping Corp.
Navios Prosperity I
Marshall Is.
      06/07 - 06/30      
Rubina Shipping Corporation
Hyundai Hongkong
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Topaz Shipping Corporation
Hyundai Singapore
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Beryl Shipping Corporation
Hyundai Tokyo
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Cheryl Shipping Corporation
Hyundai Shanghai
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Christal Shipping Corporation
Hyundai Busan
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Fairy Shipping Corporation
YM Utmost
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Limestone Shipping Corporation
YM Unity
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Dune Shipping Corp. (**)
MSC Cristina
Marshall Is.
      1/01 - 01/12      
      1/01 - 06/30      
Citrine Shipping Corporation
—  
Marshall Is.
Olympia II Navigation Limited
MOL Dominance  
Marshall Is.
      05/25 - 06/30      
Pingel Navigation Limited
MOL Delight  
Marshall Is.
      05/25 - 06/30      
Ebba Navigation Limited
MOL Destiny  
Marshall Is.
      05/25 - 06/30      
Clan Navigation Limited
MOL Devotion  
Marshall Is.
      05/25 - 06/30      
Sui An Navigation Limited
MOL Dedication  
Marshall Is.
      05/25 - 06/30      
Other
 
 
 
 
JTC Shipping and Trading Ltd (*)
Holding Company
Malta
      1/01 - 06/30      
      1/01 - 06/30      
Navios Maritime Partners L.P.
N/A
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Navios Maritime Operating L.L.C.
N/A
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Navios Partners Finance (US) Inc.
Co-Borrower
Delaware
      1/01 - 06/30      
      1/01 - 06/30      
Navios Partners Europe Finance Inc.
Sub-Holding
Company
Marshall Is.
      1/01 - 06/30      
      1/01 - 06/30      
Navios Partners Containers Finance Inc.
 
Marshall Is.
      05/25 - 06/30      
Navios Partners Containers Inc.
 
Marshall Is.
      05/25 - 06/30      
(*)      Not a vessel-owning subsidiary and only holds right to charter-in contracts.
(**)      The vessel was classified as held for sale and was sold on January 12, 2017 (see note 4).
(***)      The vessel was sold on April 21, 2017 (see note 4).