XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Time charter and voyage revenues $ 280,661 $ 152,009 $ 517,278 $ 217,072
Time charter and voyage expenses (21,718) (5,869) (38,861) (8,364)
Direct vessel expenses (12,920) (3,989) (24,113) (7,143)
Vessel operating expenses (entirely through related parties transactions) (73,989) (41,771) (147,161) (64,733)
General and administrative expenses (14,170) (10,319) (28,086) (15,226)
Depreciation and amortization of intangible assets (41,684) (22,120) (84,550) (35,207)
Amortization of unfavorable lease terms 17,587 42,026 39,426 42,026
Loss on sale of vessels 0 0 0 (511)
Interest expense and finance cost, net (14,522) (7,334) (27,749) (13,178)
Interest income 22 744 24 859
Other expense, net (1,107) (3,464) (2,383) (3,895)
Equity in net earnings of affiliated companies 0 0 0 80,839
Bargain gain 0 0 0 44,053
Net income attributable to Navios Partners' unitholders 118,160 99,913 203,825 236,592
Net income attributable to Navios Partners' unitholders        
Common Unitholders 115,797 97,914 199,749 231,860
General Partner $ 2,363 $ 1,999 $ 4,076 $ 4,732
Earnings per unit:        
Earnings per common unit, basic $ 3.84 $ 4.32 $ 6.62 $ 13.61
Earnings per common unit, diluted $ 3.83 $ 4.31 $ 6.61 $ 13.54