Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets - Navios Partners

Intangible assets as of June 30, 2020 and December 31, 2019 consisted of the following:

	Cost		Accumulated Amortization		Net Book Value
Favorable lease terms December 31, 2019	$	83,716	$	(80,550)	$	3,166
Additions		—		(583)		(583)
Favorable lease terms June 30, 2020	$	83,716	$	(81,133)	$	2,583

Intangible Assets - Amortization Expense

Amortization expense of favorable lease terms for each of the periods ended June 30, 2020 and 2019 is presented in the following table:

	Three Month Period Ended		Six Month Period Ended
	June 30, 2020	June 30, 2019	June 30, 2020	June 30, 2019
Favorable lease terms	$ (292)	$ (291)	$ (583)	$ (583)

Total $ (292) $ (291) $ (583) $ (583)

Intangible Assets - Aggregate Amortizations

The aggregate amortization of the intangibles for the 12-month periods ended June 30 is estimated to be as follows:

Year	Amount
2021		1,166
2022		1,166
2023		251
2024 and thereafter		—
Total	$	2,583