| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|
REVENUES: | ||||||
Voyage revenues | ||||||
138,990 | 169,851 | 145,202 | 107,088 | 85,679 | 77,498 | 52,547 |
EXPENSES: | ||||||
Voyage expenses | ||||||
1,789 | 749 | 983 | 910 | 675 | 2,487 | 715 |
Voyage expenses-related party | ||||||
1,830 | 2,212 | 1,821 | 1,363 | 1,011 | 981 | 638 |
Vessel operating expenses | ||||||
27,067 | 26,451 | 23,244 | 16,813 | 11,909 | - | - |
Dry-docking and special survey costs | ||||||
6,193 | 81 | 0 | 0 | - | 2,109 | 0 |
General and administrative expenses | ||||||
961 | 1,170 | 1,086 | 1,014 | 387 | 278 | 54 |
General and administrative expenses- related party | ||||||
725 | 715 | 719 | 937 | 0 | 0 | - |
Vessel operating expenses | ||||||
- | - | - | - | - | 15,722 | 11,350 |
Management fees-related party | ||||||
6,162 | 5,999 | 4,870 | 3,566 | 2,737 | 2,638 | 2,529 |
Depreciation | ||||||
30,319 | 30,395 | 24,387 | 17,822 | 13,579 | 13,616 | 13,579 |
Operating income | ||||||
63,944 | 102,079 | 88,092 | 64,663 | 55,381 | 39,667 | 23,682 |
OTHER INCOME/(EXPENSES): | ||||||
Interest and finance costs | ||||||
46,281 | 34,991 | 27,974 | 14,524 | 9,732 | 9,576 | 3,977 |
Interest income | ||||||
203 | 0 | 35 | 221 | 0 | 1 | 4 |
Loss on derivative financial instruments | ||||||
- | - | - | - | - | -196 | -824 |
Other, net | ||||||
-527 | -234 | -103 | 201 | -29 | -60 | - |
Other, net | ||||||
- | - | - | - | - | - | 65 |
Total other expenses | ||||||
-46,605 | -35,225 | -28,042 | -14,102 | -9,761 | -9,831 | -4,862 |
Partnership's Net Income | ||||||
17,339 | 66,854 | 60,050 | 50,561 | 45,620 | 29,836 | 18,820 |
Common unitholders' interest in Net Income | ||||||
9,302 | 34,652 | 32,878 | - | - | - | - |
Common unitholders' interest in Net Income | ||||||
- | - | - | 28,323 | 22,787 | 9,239 | 5,828 |
Preferred unitholders' interest in Net Income | ||||||
6,750 | 6,750 | 3,019 | 0 | 0 | - | - |
Subordinated unitholders' interest in Net Income | ||||||
1,208 | 25,323 | 24,028 | 22,170 | 22,787 | 20,556 | 12,966 |
General Partner's interest in Net Income | ||||||
79 | 129 | 125 | 68 | 46 | 41 | 26 |
Earnings per unit, basic and diluted: | ||||||
Common unit (basic and diluted) | ||||||
0.27 | 1.69 | 1.60 | 1.58 | 2.95 | 1.37 | - |
Common unit (basic and diluted) | ||||||
- | - | - | - | - | - | 0.87 |
Subordinated unit (basic and diluted) | ||||||
- | - | - | - | - | - | 0.87 |
General Partner unit (basic and diluted) | ||||||
- | - | - | - | - | - | 0.87 |
Weighted average number of units outstanding, basic and diluted: | ||||||
Common units | ||||||
34,545 | 20,505 | 20,505 | 17,964 | 7,729 | 6,735 | 6,735 |
Subordinated units | ||||||
- | - | - | - | - | - | 14,985 |
General Partner units | ||||||
- | - | - | - | - | - | 30 |