DYNAGAS LNG PARTNERS LP DLNG Balance Sheet

Dynagas lng partners lp (DLNG)

Balance Sheet / Quarterly

Jun'18	Dec'17	Jun'17	Dec'16	Jun'16	Dec'15	Jun'15	Dec'14	Jun'14	Dec'13	Dec'12
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
57,818	67,464	74,311	57,595	57,248	24,293	12,456	11,949	19,623	5,677	0
Other current assets
-	-	2,733	-	-	-	-	-	-	-	-
Restricted cash (Notes 2 & 6)
-	-	-	-	-	-	-	-	-	-	6,773
Trade receivables
62	155	-	100	273	103	853	0	255	190	371
Prepayments and other assets
1,607	1,103	-	788	1,135	610	904	737	354	283	105
Inventories
3,868	799	-	834	905	348	286	357	227	0	-
Deferred charges, current portion
-	-	-	-	-	-	404	-	413	0	1,732
Due from related party
2,348	883	621	878	384	460	670	889	489	1,456	0
Total current assets
65,703	70,404	77,665	60,195	59,945	25,814	15,573	13,932	21,361	7,606	8,981
FIXED ASSETS, NET:
Vessels, net
962,668	977,298	992,582	1,007,617	1,022,902	1,036,157	827,880	839,883	655,885	453,175	466,754
Total fixed assets, net
962,668	977,298	992,582	1,007,617	1,022,902	1,036,157	827,880	839,883	655,885	453,175	466,754
OTHER NON CURRENT ASSETS:
Restricted cash
-	-	0	25,000	25,000	25,000	24,000	24,000	24,000	22,000	0
Deferred revenue
-	-	-	-	-	-	0	943	1,942	3,627	0
Deferred charges, net of current portion
-	-	-	-	-	-	6,330	-	1,803	1,652	0
Due from related party
1,350	1,350	1,350	1,350	1,350	1,350	1,125	1,125	900	675	540
Deferred charges
812	0	-	-	-	-	-	-	-	-	-
Above-market acquired time charter contract
1,673	5,267	8,920	12,514	16,168	19,782	-	0	-	-	-
Total assets
1,032,206	1,054,319	1,080,517	1,106,676	1,125,365	1,108,103	874,908	879,883	705,891	488,735	476,275
LIABILITIES AND PARTNERS' EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt, net of unamortized deferred financing fees of $2,129 and $2,145, respectively
2,671	2,655	2,596	31,688	31,654	27,467	20,000	19,584	20,000	0	380,715
Trade payables
9,058	4,497	9,727	3,058	4,857	4,935	2,670	2,369	2,529	3,743	5,040
Loan from related party
-	-	-	-	-	-	-	-	0	5,500	0
Due to related party
80	72	82	302	328	230	437	142	710	0	3,859
Accrued liabilities
4,712	4,051	5,724	3,750	3,786	3,595	3,520	3,716	920	1,041	2,085
Unearned revenue
6,867	11,623	6,867	14,258	15,126	15,126	5,332	7,022	7,053	4,619	6,735
Total current liabilities
23,388	22,898	24,996	53,056	55,751	51,353	31,959	32,833	31,212	14,903	398,434
NON-CURRENT LIABILITIES:
Deferred revenue
1,682	1,405	1,122	1,036	1,065	1,094	1,123	1,429	1,741	2,048	2,666
Due to related party, non-current
-	-	-	-	0	35,000	-	0	-	-	-
Long-term debt, net of current portion and unamortized deferred financing fees of $9,490 and $11,102, respectively
710,910	711,698	712,261	684,748	700,038	652,818	545,000	547,923	315,000	214,085	0
Total non-current liabilities
712,592	713,103	713,383	685,784	701,103	688,912	546,123	549,352	316,741	216,133	2,666
Commitments and contingencies
0	0	0	0	0	0	0	0	0	0	0
PARTNERS' EQUITY:
Common unitholders (unlimited authorized; 35,490,000 units issued and outstanding as at June 30, 2018 and December 31, 2017)
223,002	245,055	-	302,952	-	-	-	-	-	-	-
Common unitholders: 35,490,000 units issued and outstanding as at June 30, 2017 and 20,505,000 issued and outstanding as at December 31, 2016
-	-	268,851	-	303,342	302,954	304,225	304,729	305,863	182,969	23,278
Preferred unitholders (3,450,000 authorized; 3,000,000 Series A Preferred Units issued and outstanding as at June 30, 2018 and December 31, 2017)
73,216	73,216	73,216	73,216	73,216	73,216	-	0	-	-	-
Subordinated unitholders (None issued and outstanding as at December 31, 2017 and 14,985,000 units issued and outstanding as at December 31, 2016)
-	-	0	-8,429	-8,143	-8,427	-7,498	-7,131	51,852	74,580	51,793
General Partner (35,526 units issued and outstanding as at June 30, 2018 and December 31, 2017)
8	47	71	97	96	95	99	100	223	150	104
Total partners' equity
296,226	318,318	342,138	367,836	368,511	367,838	296,826	297,698	357,938	257,699	75,175
Total liabilities and partners' equity
1,032,206	1,054,319	1,080,517	1,106,676	1,125,365	1,108,103	874,908	879,883	705,891	488,735	476,275