Navios Maritime Partners L.P(NYSE:NMM) 
Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of dry cargo commodities, including iron ore, coal, grain, fertilizers, and containers, as well as charters its vessels und...
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At a glance:
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Annual
| Unit: USD | 2025-06-30 | 2024-12-31 | 2024-06-30 | 2023-12-31 | 2023-06-30 | 2022-12-31 | 2022-06-30 | 2021-12-31 | 2021-06-30 | 2020-06-30 | 2019-12-31 | 2010-06-30 | 2010-03-31 | 2009-09-30 | 2009-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||
current assets | 4,818,000 | ||||||||||||||
cash and cash equivalents | 377,034,000 | 270,166,000 | 271,989,000 | 240,378,000 | 261,416,000 | 157,814,000 | 163,362,000 | 159,467,000 | 227,117,000 | 23,183,000 | 27,431,000 | 48,460,000 | 25,373,000 | 53,387,000 | 20,481,000 |
restricted cash | 589,000 | 29,623,000 | 7,855,000 | 8,797,000 | 8,636,000 | 17,284,000 | 11,262,000 | 9,979,000 | 5,736,000 | 6,632,000 | 823,000 | 823,000 | 10,821,000 | 8,321,000 | |
other investments | 11,386,000 | 12,289,000 | 38,543,000 | 47,000,000 | |||||||||||
assets held for sale | 29,841,000 | ||||||||||||||
accounts receivable | 21,300,000 | 33,399,000 | 40,889,000 | 42,237,000 | 31,464,000 | 75,030,000 | 41,796,000 | 23,774,000 | 20,896,000 | 11,960,000 | 1,202,000 | 837,000 | 233,000 | 479,000 | |
prepaid expenses and other current assets | 58,973,000 | 60,894,000 | 59,710,000 | 61,336,000 | 59,698,000 | 60,296,000 | 61,588,000 | 33,120,000 | 28,214,000 | 12,766,000 | 2,287,000 | 2,319,000 | 263,000 | 194,000 | |
amounts due from related parties | 1,662,000 | 36,620,000 | 29,784,000 | 39,570,000 | 2,647,000 | 41,403,000 | 14,722,000 | 10,722,000 | |||||||
total current assets | 500,785,000 | 442,991,000 | 448,770,000 | 399,748,000 | 363,861,000 | 310,424,000 | 292,730,000 | 226,340,000 | 281,963,000 | 67,626,000 | 52,772,000 | 29,352,000 | 64,704,000 | 29,475,000 | |
vessels | 4,552,275,000 | 4,241,292,000 | 3,860,441,000 | 3,734,671,000 | 3,734,043,000 | 3,777,329,000 | 2,786,914,000 | 2,852,570,000 | 1,930,477,000 | 1,086,310,000 | 493,199,000 | 426,921,000 | 280,011,000 | 283,787,000 | |
deposits for vessel acquisitions | 265,889,000 | ||||||||||||||
other long-term assets | 69,176,000 | 61,749,000 | 66,083,000 | 62,111,000 | 32,880,000 | 46,122,000 | 48,689,000 | 48,168,000 | 21,315,000 | 12,600,000 | |||||
deferred drydock and special survey costs | 231,102,000 | 196,194,000 | 153,279,000 | ||||||||||||
intangible assets | 33,651,000 | 42,311,000 | 51,352,000 | 60,431,000 | 69,509,000 | 78,716,000 | 87,992,000 | 100,422,000 | 1,417,000 | 2,583,000 | |||||
operating lease assets | 231,675,000 | 243,806,000 | 255,847,000 | 270,969,000 | 297,644,000 | 323,048,000 | 235,822,000 | 244,337,000 | 45,862,000 | 13,782,000 | |||||
total non-current assets | 5,383,768,000 | 5,230,249,000 | 4,900,264,000 | 4,747,818,000 | 4,601,704,000 | 4,585,280,000 | 3,386,451,000 | 3,396,959,000 | 2,053,980,000 | 1,179,971,000 | 632,510,000 | 532,731,000 | 315,623,000 | 320,498,000 | |
total assets | 5,884,553,000 | 5,673,240,000 | 5,349,034,000 | 5,147,566,000 | 4,965,565,000 | 4,895,704,000 | 3,679,181,000 | 3,623,299,000 | 2,335,943,000 | 1,247,597,000 | 685,282,000 | 562,083,000 | 380,327,000 | 349,973,000 | |
liabilities and partners’ capital | |||||||||||||||
current liabilities | 46,892,000 | ||||||||||||||
accounts payable | 18,631,000 | 17,763,000 | 18,363,000 | 25,488,000 | 19,145,000 | 27,117,000 | 29,489,000 | 21,062,000 | 9,335,000 | 5,992,000 | 648,000 | 1,042,000 | 644,000 | 582,000 | |
accrued expenses | 40,174,000 | 33,865,000 | 22,657,000 | 23,608,000 | 23,895,000 | 16,049,000 | 16,445,000 | 12,889,000 | 11,928,000 | 8,475,000 | 3,811,000 | 1,727,000 | 2,318,000 | 1,936,000 | |
deferred revenue | 64,130,000 | 66,209,000 | 54,734,000 | 63,306,000 | 59,290,000 | 38,875,000 | 24,160,000 | 23,921,000 | 10,187,000 | 6,059,000 | |||||
operating lease liabilities, current portion | 26,296,000 | 25,607,000 | 24,925,000 | 30,136,000 | 35,190,000 | 39,853,000 | 18,729,000 | 18,292,000 | 4,065,000 | 1,109,000 | |||||
amounts due to related parties | 39,536,000 | 32,026,000 | 104,751,000 | 64,204,000 | 17,181,000 | 26,036,000 | 11,970,000 | 8,342,000 | 5,119,000 | 6,368,000 | |||||
current portion of finance lease and financial liabilities | 107,020,000 | ||||||||||||||
current portion of long-term debt | 155,276,000 | 163,226,000 | 322,349,000 | 146,340,000 | 160,224,000 | 174,140,000 | 136,591,000 | 172,846,000 | 81,967,000 | 87,507,000 | |||||
current liabilities associated with the vessel held for sale | 7,400,000 | ||||||||||||||
fair value of derivatives, current | 579,000 | ||||||||||||||
total current liabilities | 459,042,000 | 409,666,000 | 650,330,000 | 459,600,000 | 440,769,000 | 617,740,000 | 310,124,000 | 395,505,000 | 168,139,000 | 141,210,000 | 25,724,000 | 20,405,000 | 16,239,000 | 17,255,000 | |
operating lease liabilities | 201,802,000 | 214,995,000 | 228,097,000 | 240,602,000 | 255,667,000 | 271,262,000 | 216,138,000 | 225,512,000 | 41,604,000 | 12,588,000 | |||||
unfavorable lease terms | 9,474,000 | 15,266,000 | 21,677,000 | 27,984,000 | 34,996,000 | 47,906,000 | 83,055,000 | 122,481,000 | 182,464,000 | 1,664,000 | 2,163,000 | 3,161,000 | 3,661,000 | ||
long-term finance lease and financial liabilities | 972,290,000 | ||||||||||||||
long-term debt | 985,005,000 | 917,102,000 | 684,032,000 | 751,781,000 | 763,410,000 | 689,691,000 | 652,252,000 | 640,939,000 | 452,959,000 | 334,933,000 | 271,500,000 | 236,500,000 | 195,000,000 | 195,000,000 | |
other long-term liabilities | 14,912,000 | 8,436,000 | 12,519,000 | 8,586,000 | 7,736,000 | 11,343,000 | 33,272,000 | ||||||||
fair value of derivatives, non-current | 1,735,000 | ||||||||||||||
total non-current liabilities | 2,235,527,000 | 2,156,946,000 | 1,761,502,000 | 1,917,514,000 | 1,973,438,000 | 1,935,001,000 | 1,398,507,000 | 1,458,069,000 | 905,761,000 | 409,981,000 | 287,536,000 | 254,726,000 | 217,605,000 | 219,795,000 | |
total liabilities | 2,694,569,000 | 2,566,612,000 | 2,411,832,000 | 2,377,114,000 | 2,414,207,000 | 2,552,741,000 | 1,708,631,000 | 1,853,574,000 | 1,073,900,000 | 551,191,000 | 313,260,000 | 275,131,000 | 233,844,000 | 237,050,000 | |
commitments and contingencies | |||||||||||||||
partners’ capital: | |||||||||||||||
common unitholders | 3,136,682,000 | 3,053,295,000 | 2,887,751,000 | 2,724,436,000 | 2,509,723,000 | 2,305,494,000 | 1,940,528,000 | 1,743,717,000 | 1,246,997,000 | 692,751,000 | 533,990,000 | 448,242,000 | 308,690,000 | 275,715,000 | |
general partner | 55,616,000 | 53,333,000 | 49,451,000 | 46,016,000 | 41,635,000 | 37,469,000 | 30,022,000 | 26,008,000 | 15,046,000 | 3,655,000 | -557,000 | -2,255,000 | -5,112,000 | -5,822,000 | |
accumulated other comprehensive loss | -2,314,000 | ||||||||||||||
total partners’ capital | 3,189,984,000 | 3,106,628,000 | 2,937,202,000 | 2,770,452,000 | 2,551,358,000 | 1,262,043,000 | 696,406,000 | 372,022,000 | 286,952,000 | 146,483,000 | 112,923,000 | ||||
total liabilities and partners’ capital | 5,884,553,000 | 5,673,240,000 | 5,349,034,000 | 5,147,566,000 | 4,965,565,000 | 2,335,943,000 | 1,247,597,000 | 685,282,000 | 562,083,000 | 380,327,000 | 349,973,000 | ||||
time charter and voyage revenues | 327,558,000 | 1,334,066,000 | 342,155,000 | 33,255,000 | 29,413,000 | 23,717,000 | 22,154,000 | ||||||||
time charter and voyage expenses | -31,215,000 | -146,429,000 | -40,044,000 | -2,903,000 | -2,919,000 | -3,729,000 | -3,351,000 | ||||||||
vessel operating expenses | -97,404,000 | -349,160,000 | -85,271,000 | ||||||||||||
general and administrative expenses | -23,422,000 | -85,165,000 | -20,584,000 | -928,000 | -1,079,000 | -542,000 | -897,000 | ||||||||
depreciation and amortization | -80,785,000 | -10,019,000 | -7,690,000 | -4,195,000 | -3,501,000 | ||||||||||
amortization of unfavorable lease terms | 2,912,000 | 12,718,000 | 3,171,000 | ||||||||||||
gain/ (loss) on sale of vessels | 5,601,000 | ||||||||||||||
interest expense and finance cost | -33,485,000 | -124,529,000 | -30,087,000 | -1,513,000 | -1,191,000 | -1,698,000 | -1,922,000 | ||||||||
interest income | 3,069,000 | 13,803,000 | 3,596,000 | 149,000 | 157,000 | 25,000 | 32,000 | ||||||||
other income | -2,882,000 | 582,000 | -3,493,000 | 14,000 | 44,000 | 79,000 | -78,000 | ||||||||
net income | 69,947,000 | 367,308,000 | 101,469,000 | 13,184,000 | 12,585,000 | 10,789,000 | 3,592,000 | ||||||||
other comprehensive loss | |||||||||||||||
unrealized loss on cash flow hedges | -543,000 | ||||||||||||||
total other comprehensive loss | -543,000 | ||||||||||||||
total comprehensive income | 69,404,000 | ||||||||||||||
deposits for vessels acquisitions | 444,897,000 | 513,262,000 | 434,134,000 | 317,197,000 | 218,663,000 | 107,526,000 | 46,335,000 | 3,599,000 | |||||||
liabilities and partners' capital | |||||||||||||||
current portion of financial liabilities | 102,996,000 | 207,302,000 | 138,696,000 | 143,025,000 | 216,955,000 | 84,710,000 | 82,291,000 | 33,476,000 | 6,032,000 | ||||||
long-term financial liabilities | 945,613,000 | 753,531,000 | 824,646,000 | 858,044,000 | 864,661,000 | 413,790,000 | 465,633,000 | 227,108,000 | 59,707,000 | ||||||
partners' capital: | |||||||||||||||
direct vessel expenses | -77,169,000 | -18,916,000 | -25,000 | -32,000 | -117,000 | -124,000 | |||||||||
depreciation and amortization of intangible assets | -228,472,000 | -56,314,000 | |||||||||||||
gain on sale of vessels | 25,760,000 | 7,256,000 | |||||||||||||
deferred dry dock and special survey costs | 145,932,000 | 110,912,000 | 99,999,000 | 83,206,000 | 69,882,000 | 51,310,000 | 30,922,000 | 229,000 | 345,000 | ||||||
table of contents | |||||||||||||||
total partners' capital | 2,342,963,000 | 1,970,550,000 | 1,769,725,000 | ||||||||||||
total liabilities and partners' capital | 4,895,704,000 | 3,679,181,000 | 3,623,299,000 | ||||||||||||
investment in affiliates | 25,993,000 | ||||||||||||||
notes receivable, net of current portion | 7,781,000 | ||||||||||||||
notes receivable | 2,363,000 | ||||||||||||||
loans receivable from affiliates | |||||||||||||||
balance sheet | |||||||||||||||
non-current assets | 179,688,000 | ||||||||||||||
long- term debt including current portion | 89,025,000 | ||||||||||||||
non-current liabilities | 84,284,000 | ||||||||||||||
income statement | |||||||||||||||
revenue | |||||||||||||||
deferred financing costs | 2,253,000 | 1,912,000 | 1,924,000 | 1,989,000 | |||||||||||
other long term assets | 315,000 | 359,000 | |||||||||||||
intangible assets other than goodwill | 136,743,000 | 103,539,000 | 33,459,000 | 34,377,000 | |||||||||||
deferred voyage revenue | 9,295,000 | 9,294,000 | 8,158,000 | 8,369,000 | |||||||||||
subordinated unitholders | -167,493,000 | -165,117,000 | -163,177,000 | -163,052,000 | |||||||||||
subordinated series a unitholders | 6,082,000 | 6,082,000 | 6,082,000 | 6,082,000 | |||||||||||
management fees | -4,836,000 | -4,058,000 | -2,668,000 | -2,639,000 | |||||||||||
compensation expense | -6,082,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-11-28 | 2025-06-30 | 2025-06-06 | 2024-09-30 | 2024-06-30 | 2024-05-22 | 2022-12-07 | 2014-10-30 | 2013-11-01 | 2013-10-30 | 2013-07-29 | 2013-07-25 | 2012-10-24 | 2012-10-23 | 2012-07-27 | 2012-07-26 | 2011-10-24 | 2011-10-21 | 2011-07-28 | 2011-07-27 | 2011-04-20 | 2010-10-27 | 2010-10-26 | 2010-07-26 | 2010-04-28 | 2010-04-26 | 2009-10-29 | 2009-10-28 | 2009-07-29 | 2009-07-28 | 2008-10-22 | 2008-07-30 | 2008-07-29 |
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operating activities: | |||||||||||||||||||||||||||||||||
net income | 168,006,000 | 111,674,000 | 41,727,000 | 272,585,000 | 174,830,000 | 73,361,000 | 460,989,000 | 61,388,000 | 48,880,000 | 48,880,000 | 35,757,000 | 35,757,000 | 55,761,000 | 55,761,000 | 33,618,000 | 33,618,000 | 46,674,000 | 46,674,000 | 30,111,000 | 30,111,000 | 16,600,000 | 42,114,000 | 42,114,000 | 25,769,000 | 12,585,000 | 12,585,000 | 23,340,000 | 23,340,000 | 12,551,000 | 12,551,000 | 19,949,000 | 11,001,000 | 11,001,000 |
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||
depreciation and amortization | 268,471,000 | 159,430,000 | 78,645,000 | 77,954,000 | 58,232,000 | 58,232,000 | 40,026,000 | 40,026,000 | 52,974,000 | 52,974,000 | 34,478,000 | 34,478,000 | 46,821,000 | 46,821,000 | 29,670,000 | 29,670,000 | 14,033,000 | 28,675,000 | 28,675,000 | 17,709,000 | 7,690,000 | 7,690,000 | 10,973,000 | 10,973,000 | 6,778,000 | 6,778,000 | 8,588,000 | 5,311,000 | 5,311,000 | ||||
amortization of unfavorable lease terms | -8,736,000 | -5,792,000 | -2,880,000 | -9,513,000 | -6,307,000 | -3,136,000 | -64,205,000 | ||||||||||||||||||||||||||
other non-cash adjustments | -9,764,000 | -4,764,000 | |||||||||||||||||||||||||||||||
amortization of operating lease assets/ liabilities | -562,000 | -373,000 | -186,000 | -2,784,000 | -2,594,000 | -791,000 | 1,297,000 | ||||||||||||||||||||||||||
amortization and write-off of deferred finance costs | 6,304,000 | 3,899,000 | 1,672,000 | ||||||||||||||||||||||||||||||
loss on sale of vessels | 422,000 | 329,000 | 5,930,000 | ||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||
decrease in accounts receivable | 1,505,000 | 12,098,000 | 1,209,000 | 15,059,000 | 1,348,000 | -911,000 | 7,973,000 | -14,728,000 | -14,728,000 | 351,000 | 351,000 | -325,000 | -325,000 | 80,000 | 80,000 | ||||||||||||||||||
decrease in prepaid expenses and other current assets | 1,105,000 | 2,184,000 | 2,461,000 | 9,099,000 | 1,628,000 | -916,000 | 1,331,000 | 334,000 | 334,000 | 34,000 | 34,000 | 1,448,000 | 1,448,000 | 1,773,000 | 1,773,000 | 522,000 | 522,000 | 289,000 | 289,000 | 19,000 | -1,675,000 | -1,675,000 | -1,510,000 | -1,542,000 | -1,542,000 | 108,000 | 108,000 | ||||||
decrease in amounts due from related parties | 36,620,000 | 34,958,000 | 35,151,000 | -8,440,000 | 10,050,000 | 20,152,000 | |||||||||||||||||||||||||||
payments for drydock and special survey costs | -138,763,000 | -77,215,000 | -31,400,000 | -71,731,000 | -38,590,000 | -18,691,000 | |||||||||||||||||||||||||||
decrease in accounts payable | -3,172,000 | -5,297,000 | -7,716,000 | -7,128,000 | -8,600,000 | ||||||||||||||||||||||||||||
increase in accrued expenses | 2,678,000 | 5,105,000 | 4,846,000 | -558,000 | -950,000 | 210,000 | 1,159,000 | -477,000 | -477,000 | 179,000 | 179,000 | 190,000 | 190,000 | 982,000 | 982,000 | 476,000 | 476,000 | 443,000 | 443,000 | 255,000 | 392,000 | 392,000 | 1,967,000 | 656,000 | 656,000 | 274,000 | 274,000 | 143,000 | -123,000 | -123,000 | |||
increase in deferred revenue | 3,258,000 | 720,000 | 2,756,000 | -6,021,000 | -2,587,000 | 4,345,000 | |||||||||||||||||||||||||||
increase in amounts due to related parties | 53,885,000 | 39,536,000 | 22,777,000 | 5,027,000 | -6,206,000 | -6,206,000 | -6,823,000 | -6,823,000 | 14,932,000 | 14,932,000 | 4,883,000 | 4,883,000 | 6,812,000 | 6,812,000 | 3,702,000 | 3,702,000 | 4,257,000 | 984,000 | 984,000 | 10,006,000 | 6,378,000 | 6,378,000 | 3,580,000 | 3,580,000 | |||||||||
net cash from operating activities | 381,257,000 | 278,180,000 | 156,552,000 | 368,554,000 | 225,915,000 | 94,436,000 | 366,271,000 | 148,554,000 | 91,906,000 | 91,906,000 | 51,146,000 | 51,146,000 | 115,457,000 | 115,457,000 | 72,497,000 | 72,497,000 | 96,133,000 | 96,133,000 | 61,870,000 | 61,870,000 | 31,273,000 | 65,310,000 | 65,310,000 | 50,426,000 | 23,783,000 | 23,783,000 | 69,599,000 | 69,599,000 | 56,964,000 | 56,964,000 | 30,271,000 | 13,901,000 | 13,901,000 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | 381,257,000 | 278,180,000 | 156,552,000 | 368,554,000 | 225,915,000 | 94,436,000 | 366,271,000 | 148,554,000 | 91,906,000 | 91,906,000 | 51,146,000 | 51,146,000 | 115,457,000 | 115,457,000 | 72,497,000 | 72,497,000 | 96,133,000 | 96,133,000 | 61,870,000 | 61,870,000 | 31,273,000 | 65,310,000 | 65,310,000 | 50,426,000 | 23,783,000 | 23,783,000 | 69,599,000 | 69,599,000 | 56,964,000 | 56,964,000 | 30,271,000 | 13,901,000 | 13,901,000 |
investing activities: | |||||||||||||||||||||||||||||||||
net cash proceeds from sale of vessels | 75,014,000 | 33,717,000 | 7,536,000 | 103,944,000 | 91,400,000 | 9,553,000 | 215,250,000 | ||||||||||||||||||||||||||
other investments | -8,194,000 | 903,000 | -9,097,000 | 9,024,000 | 8,457,000 | -38,543,000 | |||||||||||||||||||||||||||
deposits for acquisition/ option to acquire vessel | -195,926,000 | -109,905,000 | -34,361,000 | -226,258,000 | -182,627,000 | -90,127,000 | -95,472,000 | ||||||||||||||||||||||||||
acquisition of/ additions to vessels | -209,554,000 | -193,365,000 | -98,225,000 | -500,674,000 | -211,187,000 | -48,956,000 | |||||||||||||||||||||||||||
net cash from investing activities | -338,660,000 | -268,650,000 | -134,147,000 | -613,964,000 | -293,957,000 | -168,073,000 | -265,710,000 | -69,239,000 | -107,587,000 | -107,587,000 | -101,540,000 | -101,540,000 | -109,698,000 | -109,698,000 | -59,501,000 | -59,501,000 | -120,000,000 | -120,000,000 | -120,000,000 | -120,000,000 | -285,756,000 | -285,756,000 | -285,757,000 | -175,757,000 | -175,757,000 | -34,600,000 | -34,600,000 | -34,600,000 | -34,600,000 | -69,505,000 | -34,506,000 | -34,506,000 | |
financing activities: | |||||||||||||||||||||||||||||||||
cash distributions paid | -4,485,000 | -3,004,000 | -1,511,000 | -4,611,000 | -3,080,000 | -1,540,000 | -4,623,000 | -103,521,000 | -89,808,000 | -89,808,000 | -59,872,000 | -59,872,000 | -79,315,000 | -79,315,000 | -51,752,000 | -51,752,000 | -70,669,000 | -70,669,000 | -45,840,000 | -45,840,000 | -21,901,000 | -51,338,000 | -51,338,000 | -33,088,000 | -15,087,000 | -15,087,000 | -27,461,000 | ||||||
repayment of long-term debt, finance lease and financial liabilities | -451,572,000 | -245,735,000 | -77,588,000 | ||||||||||||||||||||||||||||||
payments of deferred finance costs | -9,766,000 | -5,271,000 | -1,585,000 | -7,751,000 | -4,973,000 | -2,078,000 | -2,726,000 | ||||||||||||||||||||||||||
proceeds from long-term debt, finance lease and financial liabilities | 517,522,000 | 345,314,000 | 90,054,000 | ||||||||||||||||||||||||||||||
acquisition of treasury units | -33,000,000 | -23,000,000 | -10,000,000 | -15,000,000 | -5,000,000 | ||||||||||||||||||||||||||||
net cash from financing activities | 18,699,000 | 68,304,000 | -630,000 | 290,193,000 | 98,711,000 | 57,292,000 | -159,687,000 | 25,553,000 | 129,373,000 | 129,373,000 | -30,172,000 | -30,172,000 | -20,013,000 | -20,013,000 | 22,090,000 | 22,090,000 | 59,844,000 | 59,844,000 | -29,201,000 | 187,663,000 | 187,663,000 | 205,913,000 | 99,469,000 | 99,469,000 | -9,986,000 | -9,986,000 | -30,257,000 | -30,257,000 | 54,389,000 | 25,292,000 | 25,292,000 | ||
increase in cash, cash equivalents and restricted cash | 61,296,000 | 77,834,000 | 21,775,000 | 44,783,000 | 30,669,000 | -16,345,000 | -59,126,000 | ||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, beginning of period | 299,789,000 | 299,789,000 | 299,789,000 | 249,175,000 | 249,175,000 | 249,175,000 | 169,446,000 | ||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, end of period | 361,085,000 | 377,623,000 | 321,564,000 | 293,958,000 | 279,844,000 | 232,830,000 | 110,320,000 | ||||||||||||||||||||||||||
supplemental disclosures of cash flow information | |||||||||||||||||||||||||||||||||
cash interest paid | |||||||||||||||||||||||||||||||||
non-cash financing activities | |||||||||||||||||||||||||||||||||
financial and finance lease liabilities | |||||||||||||||||||||||||||||||||
non-cash investing activities | |||||||||||||||||||||||||||||||||
loss/ (gain) on sale of vessels | |||||||||||||||||||||||||||||||||
decrease/ | |||||||||||||||||||||||||||||||||
increase/ (decrease) in accrued expenses | |||||||||||||||||||||||||||||||||
increase/ (decrease) in amounts due to related parties | 4,829,000 | 4,829,000 | |||||||||||||||||||||||||||||||
increase in accounts payable | 866,000 | 7,775,000 | -634,000 | 2,836,000 | 2,836,000 | 269,000 | 269,000 | -37,000 | -37,000 | -456,000 | -456,000 | 1,183,000 | 1,183,000 | 604,000 | 604,000 | 712,000 | 361,000 | 361,000 | 130,000 | 524,000 | 524,000 | 50,000 | 50,000 | -12,000 | -12,000 | -66,000 | 461,000 | 461,000 | |||||
decrease in deferred revenue | -3,755,000 | ||||||||||||||||||||||||||||||||
non-cash amortization of deferred revenue and straight line | 1,177,000 | -8,717,000 | -5,057,000 | -1,365,000 | |||||||||||||||||||||||||||||
decrease/ (increase) in accounts receivable | |||||||||||||||||||||||||||||||||
decrease/ (increase) in prepaid expenses and other current assets | |||||||||||||||||||||||||||||||||
increase/ (decrease) in deferred revenue | |||||||||||||||||||||||||||||||||
net cash (used in)/ provided by financing activities | |||||||||||||||||||||||||||||||||
increase/ (decrease) in cash, cash equivalents and restricted cash | |||||||||||||||||||||||||||||||||
depreciation and amortization of intangible assets | 169,558,000 | 111,884,000 | 55,570,000 | 143,820,000 | |||||||||||||||||||||||||||||
amortization and write-off of deferred finance costs and discount | 5,900,000 | 3,709,000 | 1,676,000 | 3,928,000 | |||||||||||||||||||||||||||||
amortization of deferred drydock and special survey costs | 45,436,000 | 30,252,000 | 14,347,000 | ||||||||||||||||||||||||||||||
gain on sale of vessels | -10,374,000 | -9,133,000 | -143,764,000 | ||||||||||||||||||||||||||||||
stock-based compensation | 122,000 | ||||||||||||||||||||||||||||||||
decrease in amounts due to related parties | -32,006,000 | -32,006,000 | -32,006,000 | -2,361,000 | -1,637,000 | -3,654,000 | -3,654,000 | ||||||||||||||||||||||||||
cash acquired from acquisitions | |||||||||||||||||||||||||||||||||
proceeds from long-term debt and financial liabilities | 679,191,000 | 311,020,000 | 140,720,000 | 345,235,000 | |||||||||||||||||||||||||||||
repayment of long-term debt and financial liabilities | -361,636,000 | -199,256,000 | -79,810,000 | -497,573,000 | |||||||||||||||||||||||||||||
gain on sale of vessel | -1,877,000 | ||||||||||||||||||||||||||||||||
(increase)/ decrease in accounts receivable | |||||||||||||||||||||||||||||||||
(increase)/ decrease in prepaid expenses and other current assets | 177,000 | 177,000 | |||||||||||||||||||||||||||||||
(decrease)/ increase in deferred revenue | |||||||||||||||||||||||||||||||||
net cash (used in)/ provided by investing activities | |||||||||||||||||||||||||||||||||
net cash provided by/ (used in) financing activities | |||||||||||||||||||||||||||||||||
(decrease)/ increase in cash, cash equivalents and restricted cash | |||||||||||||||||||||||||||||||||
non-cash amortization of deferred revenue and straight-line | 36,128,000 | ||||||||||||||||||||||||||||||||
amortization of operating lease assets/liabilities | |||||||||||||||||||||||||||||||||
amortization of deferred dry dock and special survey costs | 20,503,000 | 373,000 | |||||||||||||||||||||||||||||||
bargain gain | |||||||||||||||||||||||||||||||||
equity in net earnings of affiliated companies | |||||||||||||||||||||||||||||||||
decrease/ (increase) in amounts due from related parties | |||||||||||||||||||||||||||||||||
(decrease)/ increase in accounts payable | |||||||||||||||||||||||||||||||||
payments for dry dock and special survey costs | -48,837,000 | -6,406,000 | |||||||||||||||||||||||||||||||
repayments of notes receivable | |||||||||||||||||||||||||||||||||
net proceeds from issuance of general partnership units | |||||||||||||||||||||||||||||||||
net proceeds from issuance of common units | |||||||||||||||||||||||||||||||||
cash acquired from asset acquisitions | |||||||||||||||||||||||||||||||||
notes | |||||||||||||||||||||||||||||||||
increase in amounts due from related parties | -6,838,000 | ||||||||||||||||||||||||||||||||
net cash provided by/ (used in) investing activities | |||||||||||||||||||||||||||||||||
net income/ | |||||||||||||||||||||||||||||||||
adjustments to reconcile net income/ (loss) to net cash from operating activities: | |||||||||||||||||||||||||||||||||
vessels impairment loss | |||||||||||||||||||||||||||||||||
impairment of receivable in affiliated company | |||||||||||||||||||||||||||||||||
allowance for credit losses | |||||||||||||||||||||||||||||||||
(increase)/ decrease in amounts due from related parties | |||||||||||||||||||||||||||||||||
increase/ (decrease) in accounts payable | |||||||||||||||||||||||||||||||||
decrease in accrued expenses | -935,000 | -117,000 | -117,000 | ||||||||||||||||||||||||||||||
(decrease)/ increase in amounts due to related parties | |||||||||||||||||||||||||||||||||
operating lease liabilities short and long-term | |||||||||||||||||||||||||||||||||
payable to affiliated company | |||||||||||||||||||||||||||||||||
increase in accounts receivable | -21,638,000 | -7,755,000 | -7,755,000 | -3,391,000 | -3,391,000 | -5,012,000 | -5,012,000 | -2,996,000 | -2,996,000 | -600,000 | -235,000 | -235,000 | -166,000 | -166,000 | 83,000 | -356,000 | -356,000 | ||||||||||||||||
increase in prepaid expenses and other current assets | -26,152,000 | -32,000 | -57,000 | -57,000 | |||||||||||||||||||||||||||||
cash acquired from asset acquisitions/ business acquisitions | 9,862,000 | ||||||||||||||||||||||||||||||||
acquisition of/ additions to vessels, net of cash acquired | -395,350,000 | ||||||||||||||||||||||||||||||||
net proceeds from issuance of general partner units | 2,052,000 | 2,052,000 | 2,052,000 | 2,052,000 | |||||||||||||||||||||||||||||
cash acquired from merger with navios containers | |||||||||||||||||||||||||||||||||
operating activities | |||||||||||||||||||||||||||||||||
amortization of deferred financing cost | 420,000 | 420,000 | 272,000 | 272,000 | 394,000 | 394,000 | 254,000 | 254,000 | 124,000 | ||||||||||||||||||||||||
amortization of deferred dry dock costs | 25,000 | 25,000 | 25,000 | 25,000 | 48,000 | 48,000 | 35,000 | 35,000 | 18,000 | 75,000 | 75,000 | 57,000 | 32,000 | 32,000 | 365,000 | 365,000 | 248,000 | 248,000 | 433,000 | 289,000 | 289,000 | ||||||||||||
increase in restricted cash | -2,000 | -2,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -2,000 | -2,000 | -1,000 | -1,000 | -1,000 | -10,000,000 | -10,000,000 | -7,500,000 | -7,500,000 | |||||||||||
decrease/(increase) in accounts receivable | |||||||||||||||||||||||||||||||||
(increase)/decrease in other long term assets | |||||||||||||||||||||||||||||||||
(decrease)/increase in accounts payable | |||||||||||||||||||||||||||||||||
(decrease)/increase in accrued expenses | |||||||||||||||||||||||||||||||||
decrease in deferred voyage revenue | -7,383,000 | -7,383,000 | -6,388,000 | -6,388,000 | -6,620,000 | -6,620,000 | -3,110,000 | -3,110,000 | -5,819,000 | -5,819,000 | -4,257,000 | -4,257,000 | -3,010,000 | ||||||||||||||||||||
decrease in restricted cash | 28,514,000 | 28,514,000 | 28,700,000 | 28,700,000 | -7,642,000 | -7,642,000 | -2,642,000 | -2,642,000 | 12,500,000 | 12,500,000 | 12,500,000 | 12,500,000 | 12,500,000 | -821,000 | -821,000 | -821,000 | -821,000 | 797,000 | 151,000 | 151,000 | |||||||||||||
repayment of long-term debt and payment of principal | -4,780,000 | -200,314,000 | -200,314,000 | -199,689,000 | -199,689,000 | -44,208,000 | -44,208,000 | -35,600,000 | -35,600,000 | -22,525,000 | -22,525,000 | -14,600,000 | -14,600,000 | -7,300,000 | -12,500,000 | -12,500,000 | -12,500,000 | -12,500,000 | -12,500,000 | -40,000,000 | -40,000,000 | -40,000,000 | -40,000,000 | ||||||||||
(decrease)/increase in cash and cash equivalents | |||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 35,346,000 | 32,132,000 | 32,132,000 | 32,132,000 | 32,132,000 | 48,078,000 | 48,078,000 | 48,078,000 | 48,078,000 | 51,278,000 | 51,278,000 | 51,278,000 | 51,278,000 | 51,278,000 | 77,878,000 | 77,878,000 | 77,878,000 | 77,878,000 | 77,878,000 | 28,374,000 | 28,374,000 | 28,374,000 | 28,374,000 | 10,095,000 | 10,095,000 | 10,095,000 | |||||||
cash and cash equivalents, end of period | 140,214,000 | 145,824,000 | 145,824,000 | 62,349,000 | 62,349,000 | 23,665,000 | 23,665,000 | 41,061,000 | 41,061,000 | 49,501,000 | 49,501,000 | 52,992,000 | 52,992,000 | 53,350,000 | 45,095,000 | 45,095,000 | 48,460,000 | 25,373,000 | 25,373,000 | 53,387,000 | 53,387,000 | 20,481,000 | 20,481,000 | 25,250,000 | 14,782,000 | 14,782,000 | |||||||
cash paid for interest | 7,907,000 | 3,959,000 | 7,732,000 | 7,732,000 | 5,277,000 | 5,277,000 | 5,596,000 | 5,596,000 | 3,692,000 | 3,692,000 | 1,809,000 | 4,141,000 | 4,141,000 | 2,401,000 | 1,270,000 | 1,270,000 | 6,020,000 | 6,020,000 | 4,302,000 | 4,302,000 | 6,856,000 | 4,783,000 | 4,783,000 | ||||||||||
owned vessels | |||||||||||||||||||||||||||||||||
navios apollon | |||||||||||||||||||||||||||||||||
navios gemini s | |||||||||||||||||||||||||||||||||
navios libra ii | |||||||||||||||||||||||||||||||||
navios felicity | |||||||||||||||||||||||||||||||||
navios galaxy i | |||||||||||||||||||||||||||||||||
navios hyperion | |||||||||||||||||||||||||||||||||
navios alegria | |||||||||||||||||||||||||||||||||
navios orbiter | |||||||||||||||||||||||||||||||||
navios hope | |||||||||||||||||||||||||||||||||
navios sagittarius | |||||||||||||||||||||||||||||||||
navios fantastiks | |||||||||||||||||||||||||||||||||
navios aurora ii | |||||||||||||||||||||||||||||||||
navios pollux | |||||||||||||||||||||||||||||||||
navios fulvia | |||||||||||||||||||||||||||||||||
navios melodia | |||||||||||||||||||||||||||||||||
navios luz | |||||||||||||||||||||||||||||||||
long-term chartered-in vessels | |||||||||||||||||||||||||||||||||
navios prosperity | |||||||||||||||||||||||||||||||||
navios aldebaran | |||||||||||||||||||||||||||||||||
navios containers impairment loss | |||||||||||||||||||||||||||||||||
non cash accrued interest income and amortization of deferred revenue | |||||||||||||||||||||||||||||||||
non cash accrued interest income from receivable from affiliates | |||||||||||||||||||||||||||||||||
amortization of operating lease assets | |||||||||||||||||||||||||||||||||
cash acquired from business acquisitions | |||||||||||||||||||||||||||||||||
loans receivable from affiliates | -338,000 | ||||||||||||||||||||||||||||||||
acquisition of treasury stock | |||||||||||||||||||||||||||||||||
amortization of operating lease right-of-use asset | |||||||||||||||||||||||||||||||||
stock based compensation | |||||||||||||||||||||||||||||||||
(decrease)/ increase in accrued expenses | |||||||||||||||||||||||||||||||||
deposit for option to acquire vessel | |||||||||||||||||||||||||||||||||
bargain purchase gain | |||||||||||||||||||||||||||||||||
net increase in accounts receivable | |||||||||||||||||||||||||||||||||
net increase in prepaid expenses and other current assets | |||||||||||||||||||||||||||||||||
net increase in accrued expenses | |||||||||||||||||||||||||||||||||
net increase in deferred revenue | |||||||||||||||||||||||||||||||||
net decrease in amounts due from related parties | |||||||||||||||||||||||||||||||||
• | |||||||||||||||||||||||||||||||||
loss on vessel disposal | |||||||||||||||||||||||||||||||||
net decrease in accrued expenses | |||||||||||||||||||||||||||||||||
net increase in amounts due to related parties | |||||||||||||||||||||||||||||||||
acquisition of/ additions to vessels and favorable lease terms, net of cash acquired | |||||||||||||||||||||||||||||||||
investment in affiliates | |||||||||||||||||||||||||||||||||
net (loss)/ income | |||||||||||||||||||||||||||||||||
adjustments to reconcile net (loss)/ income to net cash from operating activities: | |||||||||||||||||||||||||||||||||
equity in net earnings of affiliated companies, net of dividends received | |||||||||||||||||||||||||||||||||
equity compensation expense | |||||||||||||||||||||||||||||||||
net decrease in accounts receivable | |||||||||||||||||||||||||||||||||
net decrease in deferred revenue | |||||||||||||||||||||||||||||||||
proceeds from long-term debt | |||||||||||||||||||||||||||||||||
deferred finance costs | |||||||||||||||||||||||||||||||||
vessel impairment losses | |||||||||||||||||||||||||||||||||
amortization and write-off of deferred financing cost and discount | |||||||||||||||||||||||||||||||||
net decrease in accounts payable | |||||||||||||||||||||||||||||||||
deferred financing fees | |||||||||||||||||||||||||||||||||
allowance for doubtful accounts | |||||||||||||||||||||||||||||||||
gain on change in control | |||||||||||||||||||||||||||||||||
net decrease/ (increase) in accounts receivable | |||||||||||||||||||||||||||||||||
net increase in accounts payable | |||||||||||||||||||||||||||||||||
net increase/ (decrease) in amounts due from related parties | |||||||||||||||||||||||||||||||||
deposits for vessels acquisitions | |||||||||||||||||||||||||||||||||
acquisition/ additions of vessels and favorable lease terms, net of cash acquired | |||||||||||||||||||||||||||||||||
change to acquisition of navios containers assets and favorable lease terms, net of cash | |||||||||||||||||||||||||||||||||
navios containers repayment of seller's credit | |||||||||||||||||||||||||||||||||
change in control of navios containers, including disposed cash | |||||||||||||||||||||||||||||||||
note receivable from affiliates | |||||||||||||||||||||||||||||||||
proceeds from issuance of common units, net of offering costs | 104,499,000 | 148,037,000 | 148,037,000 | 69,770,000 | 69,770,000 | 68,563,000 | 68,563,000 | 68,563,000 | 68,563,000 | 86,288,000 | 86,288,000 | 86,288,000 | 86,288,000 | 147,460,000 | 147,460,000 | 147,460,000 | 59,457,000 | 59,457,000 | |||||||||||||||
proceeds from noncontrolling interest | |||||||||||||||||||||||||||||||||
common units issuance cost for navios europe i loans | |||||||||||||||||||||||||||||||||
proceeds from long-term debt and financial liability | |||||||||||||||||||||||||||||||||
repayment of long-term debt and financial liability | |||||||||||||||||||||||||||||||||
deferred financing cost | |||||||||||||||||||||||||||||||||
share buyback program | |||||||||||||||||||||||||||||||||
proceeds from long-term borrowing of navios containers, net of financing cost | |||||||||||||||||||||||||||||||||
net (decrease)/ increase in deferred revenue | |||||||||||||||||||||||||||||||||
net decrease/ (increase) in amounts due from related parties | |||||||||||||||||||||||||||||||||
operating lease liabilities short and long term | |||||||||||||||||||||||||||||||||
(decrease) /increase in cash, cash equivalents and restricted cash | |||||||||||||||||||||||||||||||||
net increase in amounts due from related parties | |||||||||||||||||||||||||||||||||
statement of income data | |||||||||||||||||||||||||||||||||
time charter and voyage revenues | |||||||||||||||||||||||||||||||||
time charter and voyage expenses | |||||||||||||||||||||||||||||||||
direct vessel expenses | |||||||||||||||||||||||||||||||||
management fees | |||||||||||||||||||||||||||||||||
general and administrative expenses | |||||||||||||||||||||||||||||||||
loss on sale of securities | |||||||||||||||||||||||||||||||||
interest expense and finance cost | |||||||||||||||||||||||||||||||||
interest income | |||||||||||||||||||||||||||||||||
other income | |||||||||||||||||||||||||||||||||
balance sheet data | |||||||||||||||||||||||||||||||||
current assets, including cash | |||||||||||||||||||||||||||||||||
vessels | |||||||||||||||||||||||||||||||||
total assets | |||||||||||||||||||||||||||||||||
total long-term financial liability, including current portion | |||||||||||||||||||||||||||||||||
total long-term debt, including current portion | |||||||||||||||||||||||||||||||||
total partners’ capital | |||||||||||||||||||||||||||||||||
units issued and outstanding | |||||||||||||||||||||||||||||||||
common unitholders | |||||||||||||||||||||||||||||||||
weighted-average units outstanding | |||||||||||||||||||||||||||||||||
earnings per unit | |||||||||||||||||||||||||||||||||
common unit | |||||||||||||||||||||||||||||||||
dividends declared per unit | |||||||||||||||||||||||||||||||||
cash dividend per common unit | |||||||||||||||||||||||||||||||||
cash dividend per general partner unit | |||||||||||||||||||||||||||||||||
cash flow data | |||||||||||||||||||||||||||||||||
fleet data: | |||||||||||||||||||||||||||||||||
vessels operating at end of period | |||||||||||||||||||||||||||||||||
includes owned and chartered-in vessels. | |||||||||||||||||||||||||||||||||
adjustments to reconcile net income/ (income) to net cash from operating activities: | |||||||||||||||||||||||||||||||||
equity in earnings of affiliates | |||||||||||||||||||||||||||||||||
net decrease in amounts due to related parties | |||||||||||||||||||||||||||||||||
acquisition of vessels and favorable lease terms, net of cash acquired | |||||||||||||||||||||||||||||||||
repayment of seller’s credit to navios containers | |||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents and restricted cash | |||||||||||||||||||||||||||||||||
amortization and write-off of deferred financing cost | 2,270,000 | 3,349,000 | 3,349,000 | 2,788,000 | 2,788,000 | 302,000 | 302,000 | 203,000 | 102,000 | 102,000 | 190,000 | 190,000 | 127,000 | 127,000 | 161,000 | 101,000 | 101,000 | ||||||||||||||||
increase/ (decrease) in prepaid expenses and other current assets | |||||||||||||||||||||||||||||||||
increase in deferred voyage revenue | 210,000 | -5,416,000 | -5,416,000 | -3,111,000 | -1,421,000 | -1,421,000 | 24,996,000 | 24,996,000 | 26,897,000 | 26,897,000 | 1,852,000 | 777,000 | 777,000 | ||||||||||||||||||||
(decrease)/increase in amounts due to related parties | |||||||||||||||||||||||||||||||||
cash distribution paid | -27,461,000 | -17,350,000 | -17,350,000 | -16,203,000 | -9,708,000 | -9,708,000 | |||||||||||||||||||||||||||
repayment of long term debt and payment of principal | |||||||||||||||||||||||||||||||||
debt issuance costs | -878,000 | -5,223,000 | -5,223,000 | -4,792,000 | -4,792,000 | -1,088,000 | -1,088,000 | -414,000 | -414,000 | -414,000 | -414,000 | -1,025,000 | -1,025,000 | -1,025,000 | -583,000 | -583,000 | -200,000 | -200,000 | -200,000 | -200,000 | -326,000 | ||||||||||||
increase/ (decrease) in cash and cash equivalents | -7,893,000 | -7,893,000 | |||||||||||||||||||||||||||||||
owned vessels to be delivered | |||||||||||||||||||||||||||||||||
navios tbn i | |||||||||||||||||||||||||||||||||
long term chartered-in vessels | |||||||||||||||||||||||||||||||||
net increase in restricted cash | |||||||||||||||||||||||||||||||||
(increase)/decrease in prepaid expenses and other current assets | |||||||||||||||||||||||||||||||||
increase in other long-term assets | |||||||||||||||||||||||||||||||||
increase/(decrease) in accrued expenses | |||||||||||||||||||||||||||||||||
(decrease)/ increase in deferred voyage revenue | |||||||||||||||||||||||||||||||||
deposits for acquisition of vessels, net of transfers to vessel acquisitions | |||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | 104,868,000 | 113,692,000 | 113,692,000 | 30,217,000 | 30,217,000 | -7,017,000 | -7,017,000 | 1,714,000 | 1,714,000 | 2,072,000 | -32,783,000 | -32,783,000 | -52,505,000 | -52,505,000 | 25,013,000 | 25,013,000 | 15,155,000 | 4,687,000 | 4,687,000 | ||||||||||||||
net increase/(decrease) in restricted cash | |||||||||||||||||||||||||||||||||
decrease/(increase) in prepaid expenses and other current assets | |||||||||||||||||||||||||||||||||
decrease/(increase) in other long-term assets | |||||||||||||||||||||||||||||||||
increase/(decrease) in deferred revenue | |||||||||||||||||||||||||||||||||
increase/(decrease) in amounts due to related parties | |||||||||||||||||||||||||||||||||
acquisition of vessels | -96,425,000 | -47,455,000 | -47,455,000 | -88,505,000 | -88,505,000 | -40,820,000 | -40,820,000 | -76,220,000 | -76,220,000 | -76,220,000 | -76,220,000 | -174,591,000 | -174,591,000 | -174,592,000 | -102,572,000 | -102,572,000 | -69,505,000 | -34,460,000 | -34,460,000 | ||||||||||||||
release of restricted cash for vessel acquisitions | 33,429,000 | ||||||||||||||||||||||||||||||||
net (increase)/decrease in restricted cash | |||||||||||||||||||||||||||||||||
net cash (used in)/provided by financing activities | |||||||||||||||||||||||||||||||||
due to related parties | |||||||||||||||||||||||||||||||||
net decrease in restricted cash | 2,000 | ||||||||||||||||||||||||||||||||
decrease in other long term assets | 1,000 | 98,000 | 98,000 | 33,000 | 33,000 | -244,000 | -244,000 | -318,000 | -318,000 | 56,000 | 56,000 | 37,000 | 37,000 | 18,000 | |||||||||||||||||||
(decrease)/increase in deferred voyage revenue | |||||||||||||||||||||||||||||||||
deposits for acquisition of vessels | -5,905,000 | -8,954,000 | -8,954,000 | -3,361,000 | -3,361,000 | ||||||||||||||||||||||||||||
proceeds from long term debt | 44,000,000 | 44,000,000 | 35,000,000 | 35,000,000 | 35,000,000 | 35,000,000 | 89,000,000 | 89,000,000 | 89,000,000 | 54,000,000 | 54,000,000 | ||||||||||||||||||||||
increase/(decrease) in accounts payable | |||||||||||||||||||||||||||||||||
(increase)/decrease in accounts receivable | |||||||||||||||||||||||||||||||||
increase in other long term assets and investment in affiliates | |||||||||||||||||||||||||||||||||
increase/(decrease) in deferred voyage revenue | |||||||||||||||||||||||||||||||||
net decrease/(increase) in restricted cash | |||||||||||||||||||||||||||||||||
(increase)/decrease in other long-term assets and investment in affiliates | |||||||||||||||||||||||||||||||||
acquisition of vessels from related parties | |||||||||||||||||||||||||||||||||
acquisition of intangibles from related parties | |||||||||||||||||||||||||||||||||
net cash provided by/(used in) financing activities | |||||||||||||||||||||||||||||||||
increase/(decrease) in cash and cash equivalents | |||||||||||||||||||||||||||||||||
proceeds from issuance of general partner units | 2,233,000 | 3,167,000 | 3,167,000 | 1,494,000 | 1,494,000 | 1,472,000 | 1,472,000 | 1,472,000 | 1,472,000 | 3,566,000 | 3,566,000 | 3,566,000 | 1,682,000 | 1,682,000 | 1,642,000 | 1,642,000 | 944,000 | ||||||||||||||||
proceeds from long term debt, net of discount | 28,000,000 | 245,000,000 | 245,000,000 | 245,000,000 | 245,000,000 | ||||||||||||||||||||||||||||
write-off of intangible asset | 3,979,000 | 3,979,000 | 3,979,000 | 3,979,000 | |||||||||||||||||||||||||||||
increase in other long term assets | -175,000 | -175,000 | -193,000 | -212,000 | -212,000 | ||||||||||||||||||||||||||||
acquisition of intangibles | -21,193,000 | -21,193,000 | -18,681,000 | -18,681,000 | -43,780,000 | -43,780,000 | -43,780,000 | -43,780,000 | -111,165,000 | -111,165,000 | |||||||||||||||||||||||
loans receivable from related party | |||||||||||||||||||||||||||||||||
(decrease)/ increase in other long term assets | |||||||||||||||||||||||||||||||||
decrease/(increase) in other long term assets | |||||||||||||||||||||||||||||||||
decrease/(increase) in restricted cash | |||||||||||||||||||||||||||||||||
net cash from/( used in) financing activities | 80,611,000 | ||||||||||||||||||||||||||||||||
due to navios holdings for the acquisition of navios buena ventura in june 2012 | 8,000,000 | 8,000,000 | |||||||||||||||||||||||||||||||
net cash provided by/( used in) financing activities | 80,611,000 | ||||||||||||||||||||||||||||||||
repayment of long-term debt and payment of principal, net of expenses | |||||||||||||||||||||||||||||||||
balance december 31, 2011 | |||||||||||||||||||||||||||||||||
conversion of subordinated units to common units | |||||||||||||||||||||||||||||||||
balance march 31, 2012 | |||||||||||||||||||||||||||||||||
balance december 31, 2012 | |||||||||||||||||||||||||||||||||
proceeds from issuance of general partners units | 944,000 | 918,000 | |||||||||||||||||||||||||||||||
balance march 31, 2013 | |||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | -24,413,000 | -24,413,000 | -1,777,000 | -1,777,000 | -29,418,000 | ||||||||||||||||||||||||||||
issuance of common units to navios holdings related to the acquisition of the navios luz and the navios orbiter in may 2011 | |||||||||||||||||||||||||||||||||
issuance of common units to navios holdings related to the acquisition of the navios fulvia and the navios melodia in november 2010 | |||||||||||||||||||||||||||||||||
issuance of common units to navios holdings related to the acquisition of the navios aurora ii in march 2010 | |||||||||||||||||||||||||||||||||
issuance of common units to navios holdings related to the acquisition of navios luz and navios orbiter in may 2011 | 9,960,000 | 9,960,000 | 9,960,000 | 9,960,000 | |||||||||||||||||||||||||||||
balance december 31, 2010 | |||||||||||||||||||||||||||||||||
balance march 31, 2011 | |||||||||||||||||||||||||||||||||
provision for bad debts | |||||||||||||||||||||||||||||||||
compensation expense | 6,082,000 | 6,082,000 | 6,082,000 | 6,082,000 | |||||||||||||||||||||||||||||
deposit for vessel acquisitions | |||||||||||||||||||||||||||||||||
issuance of common units to navios holdings related to the acquisition of navios aurora ii in march 2010 | 20,325,000 | 20,325,000 | 20,325,000 | 20,325,000 | 20,325,000 | ||||||||||||||||||||||||||||
issuance of units in connection with the non-cash compensation expense related to the relief of the obligation on navios bonavis | |||||||||||||||||||||||||||||||||
(increase)/decrease in restricted cash | |||||||||||||||||||||||||||||||||
(increase) in accounts receivable | -1,752,000 | ||||||||||||||||||||||||||||||||
issuance of common units to navios holdings related to the acquisition of navios | |||||||||||||||||||||||||||||||||
aurora ii in march 2010 | |||||||||||||||||||||||||||||||||
non-cash investing and financing activities: | |||||||||||||||||||||||||||||||||
issuance of common units to navios holdings related to the acquisition of navios hope in july 2008 | |||||||||||||||||||||||||||||||||
unamortized portion of favorable lease terms and purchase option capitalized to fixed assets related to the acquisition of navios fantastiks | |||||||||||||||||||||||||||||||||
amortization of deferred drydock costs | |||||||||||||||||||||||||||||||||
acquisition of intangibles other than goodwill | -111,165,000 | -73,185,000 | -73,185,000 | ||||||||||||||||||||||||||||||
(increase) in prepaid expenses and other current assets | |||||||||||||||||||||||||||||||||
issuance of common units to navios holdings related to the acquisition of navios aurora i in july 2008 | 44,937,000 | ||||||||||||||||||||||||||||||||
deferred taxation | |||||||||||||||||||||||||||||||||
cash contribution to navios holdings | |||||||||||||||||||||||||||||||||
contributions by navios holdings in the form of fair value adjustments related to charter-in contracts | |||||||||||||||||||||||||||||||||
contributions from owner | |||||||||||||||||||||||||||||||||
acquisition of contracts | -34,600,000 | -34,600,000 | -34,600,000 | -34,600,000 | |||||||||||||||||||||||||||||
proceeds from issuance of common units | 66,033,000 | 66,033,000 | 33,849,000 | 33,849,000 | |||||||||||||||||||||||||||||
supplemental disclosures of cash | |||||||||||||||||||||||||||||||||
flow information | |||||||||||||||||||||||||||||||||
non-cash operating activities | |||||||||||||||||||||||||||||||||
issuance of units in connection with the non-cash compensation expense | |||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash | |||||||||||||||||||||||||||||||||
provided by operating activities: | |||||||||||||||||||||||||||||||||
increase in long term assets | -46,000 | -46,000 | |||||||||||||||||||||||||||||||
proceeds from long term loan | 70,000,000 | 35,000,000 | 35,000,000 | ||||||||||||||||||||||||||||||
change in cash and cash equivalents | |||||||||||||||||||||||||||||||||
net increase/(decrease) in operating assets | |||||||||||||||||||||||||||||||||
net (increase)/decrease in operating liabilities | |||||||||||||||||||||||||||||||||
net interest cost | |||||||||||||||||||||||||||||||||
deferred finance charges | |||||||||||||||||||||||||||||||||
ebitda | |||||||||||||||||||||||||||||||||
cash interest income | |||||||||||||||||||||||||||||||||
maintenance and replacement capital expenditures | |||||||||||||||||||||||||||||||||
operating surplus | |||||||||||||||||||||||||||||||||
cash distribution paid relating to the first quarter | |||||||||||||||||||||||||||||||||
recommended reserves accumulated as of beginning of quarter | |||||||||||||||||||||||||||||||||
recommended reserves held as of quarter end | |||||||||||||||||||||||||||||||||
available cash for distribution | |||||||||||||||||||||||||||||||||
provision for losses on accounts receivable | |||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of year/period | |||||||||||||||||||||||||||||||||
cash and cash equivalents, end of year/period | |||||||||||||||||||||||||||||||||
contributions by navios holdings in the form of fair value adjustments related to charter-in contract of fantastiks | |||||||||||||||||||||||||||||||||
owner’s investment | |||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of year | |||||||||||||||||||||||||||||||||
cash and cash equivalents, end of year | |||||||||||||||||||||||||||||||||
shares issued by navios holdings in connection with vessel acquisition | |||||||||||||||||||||||||||||||||
contributions by navios holdings in the form of fair value adjustments related to charter-in contract | |||||||||||||||||||||||||||||||||
increase/(decrease) in accounts receivable | |||||||||||||||||||||||||||||||||
increase in long term liability | |||||||||||||||||||||||||||||||||
issuance of common units, net of offering costs | |||||||||||||||||||||||||||||||||
statement of operations data | |||||||||||||||||||||||||||||||||
time charter and voyage revenue | |||||||||||||||||||||||||||||||||
losses from forward freight agreements | |||||||||||||||||||||||||||||||||
other expenses | |||||||||||||||||||||||||||||||||
net income before taxes | |||||||||||||||||||||||||||||||||
deferred income tax | |||||||||||||||||||||||||||||||||
subordinated unit | |||||||||||||||||||||||||||||||||
general partner unit | |||||||||||||||||||||||||||||||||
current liabilities, including current portion of long-term debt | |||||||||||||||||||||||||||||||||
total owner’s net investment and partners’ capital | |||||||||||||||||||||||||||||||||
vessels at end of period | |||||||||||||||||||||||||||||||||
benefit from losses on accounts receivable | |||||||||||||||||||||||||||||||||
decrease in long term liability | |||||||||||||||||||||||||||||||||
deposit for vessel acquisition | |||||||||||||||||||||||||||||||||
net cash (used)/provided by investing activities |