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CONDENSED INTERIM CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
REVENUES        
Time charter revenues $ 35,913 $ 36,982 $ 107,036 $ 106,834
Other revenue 0 0 0 64
Total revenues 35,913 36,982 107,036 106,898
OPERATING EXPENSES        
Vessel operating expenses (5,963) (6,699) (17,246) (21,656)
Administrative expenses (2,455) (2,228) (7,037) (7,076)
Depreciation and amortization (5,210) (5,285) (15,727) (16,197)
Total operating expenses (13,628) (14,212) (40,010) (44,929)
Equity in earnings (losses) of joint ventures 5,774 621 2,202 (602)
Operating income (loss) 28,059 23,391 69,228 61,367
FINANCIAL INCOME (EXPENSE), NET        
Interest income 135 189 470 685
Interest expense (6,014) (6,957) (18,847) (20,941)
Gain (loss) on debt extinguishment 0 0 0 1,030
Other items, net (846) (854) (1,980) (2,660)
Total financial income (expense), net (6,725) (7,622) (20,357) (21,886)
Income (loss) before tax 21,334 15,769 48,871 39,481
Income tax expense (1,859) (2,065) (4,240) (5,486)
Net income (loss) 19,475 13,704 44,631 33,995
Preferred unitholders' interest in net income 3,681 3,482 11,017 10,224
Limited partners' interest in net income (loss) $ 15,794 $ 10,222 33,614 $ 23,771
Common Units Public [Member]        
FINANCIAL INCOME (EXPENSE), NET        
Net income (loss)     $ 17,559  
Basic Earnings per Unit        
Basic Earnings per Unit $ 0.46 $ 0.30 $ 0.97 $ 0.68
Diluted earnings per Unit        
Diluted earnings per Unit 0.46 0.29 $ 0.97 0.68
Common Unit Hegh LNG [Member]        
FINANCIAL INCOME (EXPENSE), NET        
Net income (loss)     $ 16,055  
Basic Earnings per Unit        
Basic Earnings per Unit 0.49 0.57 $ 1.05 1.36
Diluted earnings per Unit        
Diluted earnings per Unit 0.49 0.57 $ 1.05 1.36
Subordinated Units Hoegh LNG [Member]        
FINANCIAL INCOME (EXPENSE), NET        
Net income (loss)     $ 0  
Basic Earnings per Unit        
Basic Earnings per Unit 0 0 $ 0 0.52
Diluted earnings per Unit        
Diluted earnings per Unit $ 0 $ 0 $ 0 $ 0.52