0001193125-22-243710 | 6-K | XBRL Viewer | Navios Maritime Partners LP

Print Document View Excel Document

Cover	6 Months Ended
Cover	Jun. 30, 2022
Cover [Abstract]
Document Type	6-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2022
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	001-33811
Entity Registrant Name	NAVIOS MARITIME PARTNERS L.P.
Entity Central Index Key	0001415921
Entity Address, Address Line One	7 Avenue de Grande Bretagne
Entity Address, City or Town	Monte Carlo
Entity Address, Country	MC
Entity Address, Postal Zip Code	98000

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 163,362	$ 159,467
Restricted cash	11,262	9,979
Accounts receivable, net	41,796	23,774
Amounts due from related parties	14,722	0
Prepaid expenses and other current assets	61,588	33,120
Total current assets	292,730	226,340
Vessels, net	2,786,914	2,852,570
Deposits for vessels acquisitions	107,526	46,335
Other long-term assets	48,689	48,168
Deferred dry dock and special survey costs, net	83,206	69,882
Amounts due from related parties	36,302	35,245
Intangible assets	87,992	100,422
Operating lease assets	235,822	244,337
Total non-current assets	3,386,451	3,396,959
Total assets	3,679,181	3,623,299
Current liabilities
Accounts payable	29,489	21,062
Accrued expenses	16,445	12,889
Deferred revenue	24,160	23,921
Operating lease liabilities, current portion	18,729	18,292
Amounts due to related parties	0	64,204
Current portion of financial liabilities, net	84,710	82,291
Current portion of long-term debt, net	136,591	172,846
Total current liabilities	310,124	395,505
Operating lease liabilities, net	216,138	225,512
Unfavorable lease terms	83,055	122,481
Long-term financial liabilities, net	413,790	465,633
Long-term debt, net	652,252	640,939
Other long-term liabilities	33,272	3,504
Total non-current liabilities	1,398,507	1,458,069
Total liabilities	1,708,631	1,853,574
Commitments and contingencies	0	0
Partners' capital:
Common Unitholders (30,197,087 units issued and outstanding at June 30, 2022 and December 31, 2021)	1,940,528	1,743,717
General Partner (622,555 units issued and outstanding at June 30, 2022 and December 31, 2021, respectively)	30,022	26,008
Total partners' capital	1,970,550	1,769,725
Total liabilities and partners' capital	$ 3,679,181	$ 3,623,299

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - shares	Jun. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Common units issued	30,197,087	30,197,087
Common units outstanding	30,197,087	30,197,087
General Partners, units issued	622,555	622,555
General Partners, units outstanding	622,555	622,555

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

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
OPERATING ACTIVITIES:
Net income	$ 203,825	$ 236,592
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of intangible assets	84,550	35,207
Amortization of unfavorable lease terms	(39,426)	(42,026)
Non-cash amortization of deferred revenue and straight line	23,452	(1,418)
Amortization of operating lease assets/ liabilities	(422)	(61)
Amortization and write-off of deferred finance costs and discount	2,677	1,568
Amortization of deferred dry dock and special survey costs	12,922	6,883
Loss on sale of vessels	0	511
Bargain gain	0	(44,053)
Equity in net earnings of affiliated companies	0	(80,839)
Stock-based compensation	82	234
Changes in operating assets and liabilities:
Increase in accounts receivable	(18,022)	(1,430)
Increase in prepaid expenses and other current assets	(28,470)	(12,521)
(Increase)/ decrease in amounts due from related parties	(15,779)	5,000
Increase in accounts payable	8,429	688
Increase in accrued expenses	3,556	5,487
Increase in deferred revenue	239	5,900
Decrease in amounts due to related parties	(64,204)	(17,324)
Payments for dry dock and special survey costs	(26,246)	(21,149)
Net cash provided by operating activities	147,163	77,249
INVESTING ACTIVITIES:
Net cash proceeds from sale of vessels	0	32,692
Deposits for acquisition/ option to acquire vessel	(55,586)	(4,965)
Cash acquired from merger with Navios Containers	0	10,282
Acquisition of/ additions to vessels, net of cash acquired	(6,274)	(180,419)
Repayments of notes receivable	0	8,872
Net cash used in investing activities	(61,860)	(133,538)
FINANCING ACTIVITIES:
Cash distributions paid	(3,082)	(1,706)
Net proceeds from issuance of general partner units	0	7,531
Net proceeds from issuance of common units	0	172,938
Repayment of long-term debt and financial liabilities	(210,314)	(260,372)
Payments of deferred finance costs	(1,964)	(3,327)
Proceeds from long-term debt and financial liabilities	135,235	343,350
Net cash (used in)/ provided by financing activities	(80,125)	258,414
Increase in cash, cash equivalents and restricted cash	5,178	202,125
Cash, cash equivalents and restricted cash, beginning of period	169,446	30,728
Cash, cash equivalents and restricted cash, end of period	174,624	232,853
Supplemental disclosures of cash flow information
Cash interest paid	25,464	12,275
Non-cash financing activities
Stock-based compensation	82	234
Non-cash investing activities
Deposits for acquisition/ option to acquire vessel (see Note 12)	6,316	0
Acquisition of vessels	$ 0	$ (5,766)

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL - USD ($) $ in Thousands	General Partner [Member]	Limited Partner [Member]	Total
Beginning balance, value at Dec. 31, 2020	$ 2,817	$ 652,013	$ 654,830
Shares, Issued at Dec. 31, 2020	237,822	11,345,187
Cash distribution paid ($0.05 per unit-see Note 14)	$ (12)	$ (567)	(579)
Stock-based compensation (see Note 9)	0	118	118
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	2,733	133,946	136,679
Proceeds from public offering and issuance of units, net of offering costs (see Note 9)	$ 203	$ 9,705	9,908
Partners' Capital Account, Units, Sale of Units	8,142	398,934
Units issued for the acquisition of Navios Containers, net of expenses (see Note 9)	$ 3,911	$ 191,624	195,535
Partners' Capital Account, Units, Acquisitions	165,989	8,133,452
Ending balance, value at Mar. 31, 2021	$ 9,652	$ 986,839	996,491
Shares, Issued at Mar. 31, 2021	411,953	19,877,573
Beginning balance, value at Dec. 31, 2020	$ 2,817	$ 652,013	654,830
Shares, Issued at Dec. 31, 2020	237,822	11,345,187
Ending balance, value at Jun. 30, 2021	$ 15,046	$ 1,246,997	1,262,043
Shares, Issued at Jun. 30, 2021	531,995	25,759,634
Beginning balance, value at Dec. 31, 2020	$ 2,817	$ 652,013	654,830
Shares, Issued at Dec. 31, 2020	237,822	11,345,187
Ending balance, value at Dec. 31, 2021	$ 26,008	$ 1,743,717	1,769,725
Shares, Issued at Dec. 31, 2021	622,555	30,197,087
Beginning balance, value at Mar. 31, 2021	$ 9,652	$ 986,839	996,491
Shares, Issued at Mar. 31, 2021	411,953	19,877,573
Cash distribution paid ($0.05 per unit-see Note 14)	$ (22)	$ (1,105)	(1,127)
Stock-based compensation (see Note 9)	0	116	116
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	1,999	97,914	99,913
Proceeds from public offering and issuance of units, net of offering costs (see Note 9)	$ 3,417	$ 163,233	166,650
Partners' Capital Account, Units, Sale of Units	120,042	5,882,061
Ending balance, value at Jun. 30, 2021	$ 15,046	$ 1,246,997	1,262,043
Shares, Issued at Jun. 30, 2021	531,995	25,759,634
Beginning balance, value at Dec. 31, 2021	$ 26,008	$ 1,743,717	1,769,725
Shares, Issued at Dec. 31, 2021	622,555	30,197,087
Cash distribution paid ($0.05 per unit-see Note 14)	$ (31)	$ (1,510)	(1,541)
Stock-based compensation (see Note 9)	0	42	42
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	1,713	83,952	85,665
Ending balance, value at Mar. 31, 2022	$ 27,690	$ 1,826,201	1,853,891
Shares, Issued at Mar. 31, 2022	622,555	30,197,087
Beginning balance, value at Dec. 31, 2021	$ 26,008	$ 1,743,717	1,769,725
Shares, Issued at Dec. 31, 2021	622,555	30,197,087
Ending balance, value at Jun. 30, 2022	$ 30,022	$ 1,940,528	1,970,550
Shares, Issued at Jun. 30, 2022	622,555	30,197,087
Beginning balance, value at Mar. 31, 2022	$ 27,690	$ 1,826,201	1,853,891
Shares, Issued at Mar. 31, 2022	622,555	30,197,087
Cash distribution paid ($0.05 per unit-see Note 14)	$ (31)	$ (1,510)	(1,541)
Stock-based compensation (see Note 9)	0	40	40
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	2,363	115,797	118,160
Ending balance, value at Jun. 30, 2022	$ 30,022	$ 1,940,528	$ 1,970,550
Shares, Issued at Jun. 30, 2022	622,555	30,197,087

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669619-108580

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (a)(1)
-URI https://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 9
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22663-107794

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL123482106-238011

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=124431353&loc=SL124452729-227067

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3000-108585

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI https://asc.fasb.org/extlink&oid=126929396&loc=SL4569616-111683

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 235
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-05(b)(2))
-URI https://asc.fasb.org/extlink&oid=120399901&loc=d3e537907-122884

Reference 23: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669625-108580

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 29: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(1)
-URI https://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684

Reference 31: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4J
-URI https://asc.fasb.org/extlink&oid=120409616&loc=SL4591551-111686

Reference 32: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4K
-URI https://asc.fasb.org/extlink&oid=120409616&loc=SL4591552-111686

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 8
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22658-107794

+ Details

- Definition

Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 45
-Paragraph 24
-URI https://asc.fasb.org/extlink&oid=124436220&loc=d3e21930-107793

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 45
-Paragraph 23
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=124436220&loc=d3e21914-107793

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 7
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22644-107794

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=124431353&loc=SL124442411-227067

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 10
-Section 65
-Paragraph 4
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=122640432&loc=SL121648383-210437

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 105
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126987489&loc=SL124442142-165695

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 105
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126987489&loc=SL124442142-165695

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 16
-URI https://asc.fasb.org/extlink&oid=126929396&loc=SL4568740-111683

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (e)(3)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL123482106-238011

Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 45
-Paragraph 5
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=124436220&loc=d3e21711-107793

Reference 13: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 14: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (d)(2)
-URI https://asc.fasb.org/extlink&oid=126983759&loc=SL121830611-158277

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 848
-SubTopic 10
-Section 65
-Paragraph 2
-Subparagraph (a)(3)(iii)(03)
-URI https://asc.fasb.org/extlink&oid=125980421&loc=SL125981372-237846

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 17
-URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32136-110900

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (d)(3)
-URI https://asc.fasb.org/extlink&oid=126983759&loc=SL121830611-158277

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (f)(2)
-URI https://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 65
-Paragraph 15
-Subparagraph (f)(2)
-URI https://asc.fasb.org/extlink&oid=128097895&loc=SL121327923-165333

Reference 22: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4I
-URI https://asc.fasb.org/extlink&oid=120409616&loc=SL4590271-111686

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (f)(1)
-URI https://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900

Reference 25: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 15
-URI https://asc.fasb.org/extlink&oid=126929396&loc=SL4568447-111683

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 65
-Paragraph 15
-Subparagraph (f)(1)
-URI https://asc.fasb.org/extlink&oid=128097895&loc=SL121327923-165333

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(3)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 65
-Paragraph 15
-Subparagraph (e)
-URI https://asc.fasb.org/extlink&oid=128097895&loc=SL121327923-165333

+ Details

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (Parenthetical) - $ / shares	3 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021
Statement of Stockholders' Equity [Abstract]
Distribution Made to Limited Partner, Distributions Paid, Per Unit	$ 0.05	$ 0.05	$ 0.05	$ 0.05

Description of business

6 Months Ended

Jun. 30, 2022

Accounting Policies [Abstract]

Description of business

NOTE 1 – DESCRIPTION OF BUSINESS Description of business

Navios Maritime Partners L.P. (“Navios Partners” or the “Company”), is an international owner and operator of dry cargo and tanker vessels, formed on August 7, 2007 under the laws of the Republic of the Marshall Islands. Currently, the Company’s general partner is Olympos Maritime Ltd. (the “General Partner”) (see Note 13 – Transactions with related parties and affiliates).

Navios Partners is engaged in the seaborne transportation services of a wide range of liquid and dry cargo commodities including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer and also containers, chartering its vessels under short, medium and longer-term charters. The operations of Navios Partners are managed by Navios Shipmanagement Inc., (the “Manager”) and Navios Tankers Management Inc. (“Tankers Manager” and together with the Manager, the “Managers”) which are entities affiliated with the Company’s Chairwoman and Chief Executive Officer (see Note 13 – Transactions with related parties and affiliates).

As of June 30, 2022, there were 30,197,087 outstanding common units and 622,555 general partnership units. As of June 30, 2022, Navios Maritime Holdings Inc. (“Navios Holdings”) owned an approximately 10.3% ownership interest in Navios Partners and the General Partner held an approximately 2.0% ownership interest in Navios Partners based on all outstanding common units and general partner units.

Summary of Significant Accounting Policies

6 Months Ended

Jun. 30, 2022

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(a) Basis of presentation: The accompanying interim condensed consolidated financial statements are unaudited, but, in the opinion of management, reflect all adjustments for a fair statement of Navios Partners’ consolidated balance sheets, statement of partners’ capital, statements of operations and cash flows for the periods presented. The results of operations for the interim periods are not necessarily indicative of results for the full year. The footnotes are condensed as permitted by the requirements for interim financial statements and accordingly, do not include information and disclosures required under United States generally accepted accounting principles (“U.S. GAAP”) for complete financial statements. All such adjustments are deemed to be of a normal recurring nature. These interim financial statements should be read in conjunction with the Company’s consolidated financial statements and notes included in Navios Partners’ Annual Report for the year ended December 31, 2021 filed on Form 20-F on April 12, 2022 with the U.S. Securities and Exchange Commission (“SEC”).

Based on internal forecasts and projections that take into account reasonably possible changes in Company’s trading performance, management believes that the Company has adequate financial resources, including cash from sale of vessels (see Note 5 – Vessels, net) to continue in operation and meet its financial commitments, including but not limited to capital expenditures and debt service obligations, for a period of at least twelve months from the date of issuance of these condensed consolidated financial statements. Accordingly, the Company continues to adopt the going concern basis in preparing its financial statements.

Following Russia’s invasion of Ukraine in February 2022 the United States, the European Union, the United Kingdom and other countries have announced sanctions against Russia, and may impose wider sanctions and take other actions in the future. To date, no apparent consequences have been identified on the Company’s business. It should be noted that since the Company employs Ukrainian and Russian seafarers, it may face problems in relation to their employment, repatriation, salary payments and be subject to claims in this regard. Notwithstanding the foregoing, it is possible that these tensions might eventually have an adverse impact on our business, financial condition, results of operations and cash flows.

(b) Principles of consolidation: The accompanying interim condensed consolidated financial statements include Navios Partners’ wholly owned subsidiaries incorporated under the laws of the Republic of Marshall Islands, Malta, Cayman Islands and Liberia from their dates of incorporation or from the date of acquiring control or, for chartered-in vessels, from the dates charter-in agreements were in effect. All significant inter-company balances and transactions have been eliminated in Navios Partners’ consolidated financial statements.

Navios Partners also consolidates entities that are determined to be variable interest entities (“VIE”) as defined in the accounting guidance, if it determines that it is the primary beneficiary. A VIE is defined as a legal entity where either (i) equity interest holders as a group lack the characteristics of a controlling financial interest, including decision making ability and an interest in the entity’s residual risks and rewards, (ii) the equity holders have not provided sufficient equity investment to permit the entity to finance its activities without additional subordinated financial support, or (iii) the voting rights of some investors are not proportional to their obligations to absorb the expected losses of the entity, their rights to receive the expected residual returns of the entity, or both and substantially all of the entity’s activities either involve or are conducted on behalf of an investor that has disproportionately few voting rights.

Subsidiaries: Subsidiaries are those entities in which Navios Partners has an interest of more than one half of the voting rights or otherwise has power to govern the financial and operating policies of the entity.

The accompanying interim condensed consolidated financial statements include the following entities:


Company name	Vessel name	Country of incorporation	2022	2021
Libra Shipping Enterprises Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Alegria Shipping Corporation	Navios Alegria	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Felicity Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Gemini Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Galaxy Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Aurora Shipping Enterprises Ltd.	Navios Hope	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Palermo Shipping S.A	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Fantastiks Shipping Corporation⁽¹²⁾	Navios Fantastiks	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Sagittarius Shipping Corporation⁽¹²⁾	Navios Sagittarius	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Hyperion Enterprises Inc.	Navios Hyperion	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Chilali Corp.	Navios Aurora II	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Surf Maritime Co.	Navios Pollux	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Pandora Marine Inc.	Navios Melodia	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Customized Development S.A.	Navios Fulvia	Liberia	1/01 – 6/30	1/01 – 6/30
Kohylia Shipmanagement S.A.	Navios Luz	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Orbiter Shipping Corp.	Navios Orbiter	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Floral Marine Ltd.	Navios Buena Ventura	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Golem Navigation Limited⁽¹³⁾	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Kymata Shipping Co.	Navios Helios	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Joy Shipping Corporation	Navios Joy	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Micaela Shipping Corporation	Navios Harmony	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Pearl Shipping Corporation	Navios Sun	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Velvet Shipping Corporation	Navios La Paix	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Perigiali Navigation Limited⁽¹²⁾	Navios Beaufiks	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Finian Navigation Co.⁽¹²⁾	Navios Ace	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Ammos Shipping Corp.	Navios Prosperity I	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Wave Shipping Corp.	Navios Libertas	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Casual Shipholding Co.⁽¹²⁾	Navios Sol	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Avery Shipping Company	Navios Symphony	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Coasters Ventures Ltd.	Navios Christine B	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Ianthe Maritime S.A.	Navios Aster	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Rubina Shipping Corporation	Hyundai Hongkong	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Topaz Shipping Corporation	Hyundai Singapore	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Beryl Shipping Corporation	Hyundai Tokyo	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Cheryl Shipping Corporation	Hyundai Shanghai	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Christal Shipping Corporation	Hyundai Busan	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Fairy Shipping Corporation ⁽⁵⁾	Navios Utmost	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Limestone Shipping Corporation ⁽²⁸⁾	Navios Unite	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Dune Shipping Corp.	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Citrine Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Cavalli Navigation Inc.	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Seymour Trading Limited⁽²⁾	Navios Altair I	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Goldie Services Company	Navios Symmetry	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Andromeda Shiptrade Limited	Navios Apollon I	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Esmeralda Shipping Corporation	Navios Sphera	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Triangle Shipping Corporation	Navios Mars	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Oceanus Shipping Corporation⁽¹⁹⁾	Castor N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Cronus Shipping Corporation	Protostar N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Leto Shipping Corporation⁽¹⁷⁾	Esperanza N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Dionysus Shipping Corporation⁽⁴⁾	Harmony N	Marshall Is.	1/01 – 6/30	1/01 – 6/30


Prometheus Shipping Corporation⁽¹⁸⁾	Solar N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Camelia Shipping Inc.⁽³¹⁾	Navios Camelia	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Anthos Shipping Inc.	Navios Anthos	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Azalea Shipping Inc.⁽¹⁾	Navios Azalea	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Amaryllis Shipping Inc.	Navios Amaryllis	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Zaffre Shipping Corporation⁽¹⁴⁾	Serenitas N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Wenge Shipping Corporation^(14),(20)	Joie N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Sunstone Shipping Corporation⁽¹⁴⁾	Copernicus N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Fandango Shipping Corporation⁽¹⁴⁾	Unity N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Flavescent Shipping Corporation⁽¹⁴⁾	Odysseus N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Emery Shipping Corporation⁽¹⁵⁾	Navios Gem	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Rondine Management Corp.⁽¹⁵⁾	Navios Victory	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Prosperity Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Aldebaran Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
JTC Shipping and Trading Ltd.⁽¹¹⁾	Holding Company	Malta	1/01 – 6/30	1/01 – 6/30
Navios Maritime Partners L.P.	N/A	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Navios Maritime Operating LLC.	N/A	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Navios Partners Finance (US) Inc.	Co-Borrower	Delaware	1/01 – 6/30	1/01 – 6/30
Navios Partners Europe Finance Inc.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Solange Shipping Ltd.⁽¹⁶⁾	Navios Avior	Marshall Is.	1/01 – 6/30	3/30 – 6/30
Mandora Shipping Ltd.⁽¹⁶⁾	Navios Centaurus	Marshall Is.	1/01 – 6/30	3/30 – 6/30
Olympia II Navigation Limited	Navios Domino	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Pingel Navigation Limited	Navios Delight	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Ebba Navigation Limited	Navios Destiny	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Clan Navigation Limited	Navios Devotion	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Sui An Navigation Limited⁽²³⁾	Navios Dedication	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Bertyl Ventures Co.	Navios Azure	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Silvanus Marine Company	Navios Summer	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Anthimar Marine Inc.	Navios Amarillo	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Enplo Shipping Limited	Navios Verde	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Morven Chartering Inc.	Matson Oahu	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Rodman Maritime Corp.	Navios Spring	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Isolde Shipping Inc.	Navios Indigo	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Velour Management Corp.	Navios Vermilion	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Evian Shiptrade Ltd.	Matson Lanai	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Theros Ventures Limited	Navios Lapis	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Legato Shipholding Inc.	Navios Tempo	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Inastros Maritime Corp.	Navios Chrysalis	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Zoner Shiptrade S.A.	Navios Dorado	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Jasmer Shipholding Ltd.	Navios Nerine	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Thetida Marine Co.	Navios Magnolia	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Jaspero Shiptrade S.A.	Navios Jasmine	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Peran Maritime Inc.	Zim Baltimore(ex Navios Felicitas)	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Nefeli Navigation S.A.	Navios Unison	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Crayon Shipping Ltd	Navios Miami	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Chernava Marine Corp.	Bahamas	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Proteus Shiptrade S.A	Zim Carmel	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Vythos Marine Corp.	Navios Constellation	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Navios Maritime Containers Sub L.P.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Navios Partners Containers Finance Inc.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Boheme Navigation Company	Sub-Holding Company	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Navios Partners Containers Inc.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Iliada Shipping S.A.	Operating Company	Marshall Is.	1/01 – 6/30	3/31 – 6/30

Vinetree Marine Company Operating Company Marshall Is. 1/01 – 6/30 3/31 – 6/30

Afros Maritime Inc. Operating Company Marshall Is. 1/01 – 6/30 3/31 – 6/30

Cavos Navigation Co.⁽⁹⁾ Navios Libra Marshall Is. 1/01 – 6/30 1/01 – 6/30

Perivoia Shipmanagement Co.⁽¹⁰⁾ Navios Amitie Marshall Is. 1/01 – 6/30 1/01 – 6/30

Pleione Management Limited⁽¹⁰⁾ Navios Star Marshall Is. 1/01 – 6/30 1/01 – 6/30

Bato Marine Corp.⁽²¹⁾ Navios Armonia Marshall Is. 1/01 – 6/30 3/05 – 6/30

Agron Navigation Company⁽²¹⁾ TBN II Marshall Is. 1/01 – 6/30 3/05 – 6/30

Teuta Maritime S.A.⁽²²⁾ TBN VI Marshall Is. 1/01 – 6/30 3/05 – 6/30

Ambracia Navigation Company⁽²⁹⁾ Navios Primavera Marshall Is. 1/01 – 6/30 3/05 – 6/30

Artala Shipping Co.⁽²²⁾ TBN IV Marshall Is. 1/01 – 6/30 3/05 – 6/30

Migen Shipmanagement Ltd. Sub-Holding Company Marshall Is. 1/01 – 6/30 3/05 – 6/30

Bole Shipping Corporation⁽²⁴⁾ Spectrum N Marshall Is. 1/01 – 6/30 4/28 – 6/30

Brandeis Shipping Corporation⁽²⁴⁾ Ete N Marshall Is. 1/01 – 6/30 5/10 – 6/30

Buff Shipping Corporation⁽²⁴⁾ Fleur N Marshall Is. 1/01 – 6/30 5/10 – 6/30

Morganite Shipping Corporation⁽²²⁾ TBN V Marshall Is. 1/01 – 6/30 6/01 – 6/30

Balder Martitime Ltd.⁽²⁶⁾ Navios Koyo Marshall Is. 1/01 – 6/30 6/04 – 6/30

Melpomene Shipping Corporation⁽²⁵⁾ TBN VII Marshall Is. 1/01 – 6/30 6/23 – 6/30

Urania Shipping Corporation⁽²⁵⁾ TBN VIII Marshall Is. 1/01 – 6/30 6/23 – 6/30

Terpsichore Shipping Corporation⁽⁸⁾ TBN IX Marshall Is. 1/01 – 6/30 6/23 – 6/30

Erato Shipping Corporation⁽⁸⁾ TBN X Marshall Is. 1/01 – 6/30 6/23 – 6/30

Lavender Shipping Corporation^(12)(7) Navios Ray Marshall Is. 1/01 – 6/30
6/30 – 6/30

Nostos Shipmanagement Corp.^{(12) (7)} Navios Bonavis Marshall Is. 1/01 – 6/30 6/30 – 6/30

Navios Maritime Acquisition Corporation Sub-Holding Company Marshall Is. 1/01 – 6/30 —

Navios Acquisition Europe Finance Inc. Sub-Holding Company Marshall Is. 1/01 – 6/30 —

Navios Acquisition Finance (US) Inc. Co-Issuer of Ship Mortgage Notes Delaware 1/01 – 6/30 —

Navios Maritime Midstream Partners GP LLC Holding Company Marshall Is. 1/01 – 6/30 —

Letil Navigation Ltd. Sub-Holding Company Marshall Is. 1/01 – 6/30 —

Navios Maritime Midstream Partners Finance (US) Inc. Sub-Holding Company Delaware 1/01 – 6/30 —

Aegean Sea Maritime Holdings Inc. Sub-Holding Company Marshall Is. 1/01 – 6/30 —

Amorgos Shipping Corporation Nave Cosmos Marshall Is. 1/01 – 6/30 —

Andros Shipping Corporation Nave Polaris Marshall Is. 1/01 – 6/30 —

Antikithira Shipping Corporation Nave Equator Marshall Is. 1/01 – 6/30 —

Antiparos Shipping Corporation Nave Atria Marshall Is. 1/01 – 6/30 —

Antipaxos Shipping Corporation Nave Dorado Marshall Is. 1/01 – 6/30 —

Antipsara Shipping Corporation Nave Velocity Marshall Is. 1/01 – 6/30 —

Crete Shipping Corporation Nave Cetus Marshall Is. 1/01 – 6/30 —

Delos Shipping Corporation Nave Photon Marshall Is. 1/01 – 6/30 —

Folegandros Shipping Corporation Nave Andromeda Marshall Is. 1/01 – 6/30 —

Ikaria Shipping Corporation Nave Aquila Marshall Is. 1/01 – 6/30 —

Ios Shipping Corporation Nave Cielo Cayman Islands 1/01 – 6/30 —

Iraklia Shipping Corporation Bougainville Marshall Is. 1/01 – 6/30 —

Kimolos Shipping Corporation Former Vessel-Owning Company Marshall Is. 1/01 – 6/30 —

Kithira Shipping Corporation Nave Orbit Marshall Is. 1/01 – 6/30 —

Kos Shipping Corporation Nave Bellatrix Marshall Is. 1/01 – 6/30 —

Lefkada Shipping Corporation Nave Buena Suerte Marshall Is. 1/01 – 6/30 —

Leros Shipping Corporation Former Vessel-Owning Company Marshall Is. 1/01 – 6/30 —

Mytilene Shipping Corporation Nave Orion Marshall Is. 1/01 – 6/30 —

Oinousses Shipping Corporation Nave Jupiter Marshall Is. 1/01 – 6/30 —

Psara Shipping Corporation Nave Luminosity Marshall Is. 1/01 – 6/30 —

Rhodes Shipping Corporation Nave Cassiopeia Marshall Is. 1/01 – 6/30 —

Samos Shipping Corporation Nave Synergy Marshall Is. 1/01 – 6/30 —

Samothrace Shipping Corporation Nave Pulsar Marshall Is. 1/01 – 6/30 —

Serifos Shipping Corporation Nave Estella Marshall Is. 1/01 – 6/30 —

Sifnos Shipping Corporation Nave Titan Marshall Is. 1/01 – 6/30 —

Skiathos Shipping Corporation Nave Capella Marshall Is. 1/01 – 6/30 —


Skopelos Shipping Corporation	Nave Ariadne	Cayman Islands	1/01 – 6/30	—
Skyros Shipping Corporation	Nave Sextans	Marshall Is.	1/01 – 6/30	—
Syros Shipping Corporation	Nave Alderamin	Marshall Is.	1/01 – 6/30	—
Thera Shipping Corporation	Nave Atropos	Marshall Is.	1/01 – 6/30	—
Tilos Shipping Corporation	Nave Spherical	Marshall Is.	1/01 – 6/30	—
Tinos Shipping Corporation	Nave Rigel	Marshall Is.	1/01 – 6/30	—
Zakynthos Shipping Corporation	Nave Quasar	Marshall Is.	1/01 – 6/30	—
Cyrus Investments Corp.	Baghdad	Marshall Is.	1/01 – 6/30	—
Olivia Enterprises Corp.	Erbil	Marshall Is.	1/01 – 6/30	—
Limnos Shipping Corporation	Nave Pyxis	Marshall Is.	1/01 – 6/30	—
Thasos Shipping Corporation	Nave Equinox	Marshall Is.	1/01 – 6/30	—
Agistri Shipping Limited	Operating Subsidiary	Malta	1/01 – 6/30	—
Paxos Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Donoussa Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Schinousa Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Alonnisos Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Makronisos Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Shinyo Loyalty Limited	Former Vessel-Owning Company	Hong Kong	1/01 – 6/30	—
Shinyo Navigator Limited	Former Vessel-Owning Company	Hong Kong	1/01 – 6/30	—
Amindra Navigation Co.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	—
Navios Maritime Midstream Partners L.P.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	—
Navios Maritime Midstream Operating LLC	Sub-Holding Company	Marshall Is.	1/01 – 6/30	—
Shinyo Dream Limited	Former Vessel-Owning Company	Hong Kong	1/01 – 6/30	—
Shinyo Kannika Limited	Former Vessel-Owning Company	Hong Kong	1/01 – 6/30	—
Shinyo Kieran Limited	Nave Universe	British Virgin Islands	1/01 – 6/30	—
Shinyo Ocean Limited	Former Vessel-Owning Company	Hong Kong	1/01 – 6/30	—
Shinyo Saowalak Limited	Nave Constellation	British Virgin Islands	1/01 – 6/30	—
Sikinos Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Kerkyra Shipping Corporation	Nave Galactic	Marshall Is.	1/01 – 6/30	—
Doxa International Corp.	Nave Electron	Marshall Is.	1/01 – 6/30	—
Alkmene Shipping Corporation	Star N	Marshall Is.	1/01 – 6/30	—
Aphrodite Shipping Corporation	Aurora N	Marshall Is.	1/01 – 6/30	—
Dione Shipping Corporation	Lumen N	Marshall Is.	1/01 – 6/30	—
Persephone Shipping Corporation	Hector N	Marshall Is.	1/01 – 6/30	—
Rhea Shipping Corporation	Perseus N	Marshall Is.	1/01 – 6/30	—
Tzia Shipping Corporation ⁽³⁰⁾	Nave Celeste	Marshall Is.	1/01 – 6/30	—
Boysenberry Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Cadmium Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Celadon Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Cerulean Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Kleio Shipping Corporation ⁽⁶⁾	TBN XI	Marshall Is.	1/01 – 6/30	—
Polymnia Shipping Corporation ⁽⁶⁾	TBN XII	Marshall Is.	1/01 – 6/30	—
Goddess Shiptrade Inc. ⁽²¹⁾	Navios Astra	Marshall Is.	1/01 – 6/30	—
Navios Acquisition Merger Sub.Inc.	Merger SPV	Marshall Is.	1/01 – 6/30	—


Aramis Navigation Inc.⁽³⁾	Navios Azimuth	Marshall Is.	1/01 – 6/30	—
Thalia Shipping Corporation ⁽⁶⁾	TBN XV	Marshall Is.	1/01 – 6/30	—
Muses Shipping Corporation ⁽⁶⁾	TBN XVI	Marshall Is.	1/01 – 6/30	—
Euterpe Shipping Corporation ⁽⁸⁾	TBN XIV	Marshall Is.	1/01 – 6/30	—
Calliope Shipping Corporation ⁽⁶⁾	TBN XIII	Marshall Is.	1/01 – 6/30	—
Karpathos Shipping Corporation ⁽⁶⁾	TBN XXI	Marshall Is.	6/22 – 6/30	—
Patmos Shipping Corporation ⁽⁶⁾	TBN XXII	Marshall Is.	6/22 – 6/30	—
Tarak Shipping Corporation ⁽⁶⁾	TBN XVIII	Marshall Is.	4/26 – 6/30	—
Astrovalos Shipping Corporation ⁽⁸⁾	TBN XVII	Marshall Is.	4/26 – 6/30	—
Ithaki Shipping Corporation ⁽²⁷⁾	TBN XX	Marshall Is.	4/26 – 6/30	—
Gavdos Shipping Corporation ⁽⁶⁾	TBN XIX	Marshall Is.	4/26 – 6/30	—

(1)

The vessel was sold on August 13, 2021.

(2)

The vessel was sold on October 29, 2021.

(3)

The vessel was acquired on July 9, 2021.

(4)

The vessel was sold on August 16, 2021.

(5)

The vessel was sold in September 2022.

(6)

Expected to be delivered by the second half of 2024.

(7)

The vessel was acquired on June 30, 2021 (see Note 5 – Vessels, net).

(8)

Expected to be delivered by the first half of 2024.

(9)

The vessel was delivered on July 24, 2019 (see Note 15 – Leases).

(10)

The vessels were delivered on May 28, 2021 and June 10, 2021 (see Note 15 – Leases).

(11)

Not a vessel-owning subsidiary and only holds right to charter-in contracts.

(12)

Vessels under the sale and leaseback transaction.

(13)

The vessel was sold on December 10, 2020.

(14)

The vessels were acquired on June 29, 2020, following the liquidation of Navios Europe II.

(15)

The vessels were acquired on September 30, 2020.

(16)

The vessels were acquired on March 30, 2021 (see Note 5 – Vessels, net).

(17)

The vessel was sold on January 13, 2021 (see Note 5 – Vessels, net).

(18)

The vessel was sold on January 28, 2021 (see Note 5 – Vessels, net).

(19)

The vessel was sold on February 10, 2021 (see Note 5 – Vessels, net).

(20)

The vessel was sold on March 25, 2021 (see Note 5 – Vessels, net).

(21)

Expected to be delivered by the second half of 2022.

(22)

Expected to be delivered in the first half of 2023.

(23)

The vessel was sold on July 31, 2021.

(24)

The vessels were acquired on May 10, 2021 (see Note 5 – Vessels, net).

(25)

Expected to be delivered by the second half of 2023.

(26)

The vessel was acquired on June 4, 2021 (see Note 5 – Vessels, net).

(27)

Expected to be delivered by the first half of 2025.

(28)

The vessel agreed to be sold in February 2022. The sale is expected to be completed in September 2022 (see Note 5 – Vessels, net).

(29)

The vessel was delivered on July 27, 2022 (see Note 12 – Commitments and Contingencies).

	(30)	The vessel was delivered on July 5, 2022 (see Note 12 – Commitments and Contingencies).
	(31)	The vessel agreed to be sold in September 2022. The sale is expected to be completed in the fourth quarter of 2022 (see Note 17 – Subsequent Events).

Revenue and Expense Recognition:

Revenue from time chartering

Revenues from time chartering and bareboat chartering of vessels are accounted for as operating leases and are thus recognized on a straight line basis as the average lease revenue over the rental periods of such charter agreements, as service is performed. A time charter involves placing a vessel at the charterers’ disposal for a period of time during which the charterer uses the vessel in return for the payment of a specified daily hire rate. Short period charters for less than three months are referred to as spot-charters. Charters extending three months to a year are generally referred to as medium-term charters. All other charters are considered long-term. The Company has determined to recognize lease revenue as a combined single lease component for all time charters (operating leases) as the related lease component and non-lease components will have the same timing and pattern of the revenue recognition of the combined single lease component. The performance obligations in a time charter contract are satisfied over term of the contract beginning when the vessel is delivered to the charterer until it is redelivered back to the Company. Under time charters, operating costs such as for crews, maintenance and insurance are typically paid by the owner of the vessel. Revenue from time chartering and bareboat chartering of vessels amounted to $255,288 and $145,241 for the three month periods ended June 30, 2022 and 2021, respectively. Revenue from time chartering and bareboat chartering of vessels amounted to $476,606 and $207,740 for the six month periods ended June 30, 2022 and 2021, respectively.

Revenue from voyage contracts

Under a voyage charter, a vessel is provided for the transportation of specific goods between specific ports in return for payment of an agreed upon freight per ton of cargo. Upon adoption of ASC 606, the Company recognizes revenue ratably from port of loading to when the charterer’s cargo is discharged as well as defer costs that meet the definition of “costs to fulfill a contract” and relate directly to the contract. Revenue from voyage contracts amounted to $10,835 and $4,389 for the three month periods ended June 30, 2022 and 2021, respectively. Revenue from voyage contracts amounted to $17,406 and $5,609 for the six month periods ended June 30, 2022 and 2021, respectively.

Pooling arrangements

For vessels operating in pooling arrangements, the Company earns a portion of total revenues generated by the pool, net of expenses incurred by the pool. The amount allocated to each pool participant vessel, including the Company’s vessels, is determined in accordance with an agreed-upon formula, which is determined by points awarded to each vessel in the pool based on the vessel’s age, design and other performance characteristics. Revenue under pooling arrangements is accounted for as variable rate operating leases on the accrual basis and is recognized when an agreement with the pool exists, price is fixed, service is provided and the collectability is reasonably assured. The allocation of such net revenue may be subject to future adjustments by the pool however, such changes are not expected to be material. The Company recognizes net pool revenue on a monthly and quarterly basis, when the vessel has participated in a pool during the period and the amount of pool revenue can be estimated reliably based on the pool report. Revenue from vessels operating in pooling arrangements amounted to $13,726 and $2,379 for the three month periods ended June 30, 2022 and 2021, respectively. Revenue from vessels operating in pooling arrangements amounted to $22,392 and $3,723 for the six month periods ended June 30, 2022 and 2021, respectively.

Revenue from profit-sharing

Profit-sharing revenues are calculated at an agreed percentage of the excess of the charterer’s average daily income (calculated on a quarterly or semi-annual basis) over an agreed amount and accounted for on an accrual basis based on provisional amounts and for those contracts that provisional accruals cannot be made due to the nature of the profit sharing elements, these are accounted for on the actual cash settlement or when such revenue becomes determinable. Profit-sharing revenue amounted to $812 and $0 for the three month periods ended June 30, 2022 and 2021, respectively. Profit-sharing revenue amounted to $874 and $0 for the six month periods ended June 30, 2022 and 2021, respectively.

Revenues are recorded net of address commissions. Address commissions represent a discount provided directly to the charterers based on a fixed percentage of the agreed upon charter or freight rate. Since address commissions represent a discount (sales incentive) on services rendered by the Company and no identifiable benefit is received in exchange for the consideration provided to the charterer, these commissions are presented as a reduction of revenue.

Recent Accounting Pronouncements:

These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in Navios Partners’ Annual Report on Form 20-F for the year ended December 31, 2021. On January 1, 2022, the Company adopted the provisions of ASU 2021-05, Lease (Topic 842): Lessors—Certain Leases with Variable Lease Payments (“ASU 2021-05”) and this adoption did not have a material effect on Company’s interim condensed consolidated financial position, results of operations, and cash flows.

Acquisition of Navios Containers and Navios Acquisition

6 Months Ended

Jun. 30, 2022

Business Combination and Asset Acquisition [Abstract]

Acquisition of Navios Containers and Navios Acquisition

NOTE 3 – ACQUISITION OF NAVIOS CONTAINERS AND NAVIOS ACQUISITION

ACQUISITION OF NAVIOS CONTAINERS

On March 31, 2021, Navios Partners completed the merger (the “NMCI Merger”) contemplated by the Agreement and Plan of Merger (the “NMCI Merger Agreement”), dated as of December 31, 2020, by and amongst Navios Partners, its direct wholly-owned subsidiary NMM Merger Sub LLC (“Merger Sub”), Navios Maritime Containers L.P. (“Navios Containers LP”) and Navios Maritime Containers GP LLC, Navios Containers LP’s general partner. Pursuant to the NMCI Merger Agreement, Merger Sub merged with and into Navios Containers LP, with Navios Containers LP continuing as the surviving partnership. As a result of the NMCI Merger, Navios Containers LP became a wholly-owned subsidiary of Navios Partners. Pursuant to the terms of the NMCI Merger Agreement, each outstanding common unit of Navios Containers LP that was held by a unitholder other than Navios Partners, Navios Containers LP and their respective subsidiaries was converted into the right to receive 0.39 of a common unit of Navios Partners. Following the exercise of the optional second merger (“Second Merger”), Navios Containers LP merged with and into Navios Maritime Containers Sub LP (“Navios Containers” which shall include all its predecessors), with Navios Containers continuing as the surviving partnership, and Migen Shipmanagement Ltd, a wholly owned subsidiary of Navios Partners, became Navios Containers’ general partner.

Navios Partners accounted for the NMCI Merger “as a business combination achieved in stages”, which results in the application of the “acquisition method,” as defined under ASC 805, Business Combinations. Navios Partners’ previously held equity interest in Navios Containers was remeasured to its fair value at March 31, 2021, the date the controlling interest was acquired and the resulting gain was recognized in earnings. Under the acquisition method, the fair value of the consideration paid by Navios Partners in connection with the transaction was allocated to Navios Containers’ net assets based on their estimated fair values at the date of the completion of the NMCI Merger. The excess of the fair value of the identifiable net assets acquired of $342,674 over the total purchase price consideration of $298,621, resulted in a bargain gain of $44,053. The transaction resulted in a bargain gain as a result of the share price of Navios Containers trading at a discount to their net asset value (“NAV”).

The fair value of the vessels was determined based on vessel valuations, obtained from independent third party shipbrokers, which are among other things, based on recent sales and purchase transactions of similar vessels. The fair value of the unfavorable lease terms (intangible liabilities) was determined by reference to market data and the discounted amount of expected future cash flows. The key assumptions that were used in the discounted cash flow analysis were as follows: (i) the contracted charter rate of the acquired charter over the remaining lease term compared to the current market charter rates for a similar contract and (ii) discounted using the Company’s relevant discount factor of 8.89%.

As of March 31, 2021, Navios Partners’ previously held interest of 35.7% in Navios Containers was remeasured to a fair value of $106,997, determined using the closing price per common unit of $9.23 of NMCI as of the closing date of the NMCI merger, resulting in revaluation gain of $75,387 which along with the equity gain of $5,452 from the operations of Navios Containers upon the closing date aggregate to a gain on acquisition of control in the amount of $80,839 and is presented in, “Equity in net earnings of affiliated companies”, in the accompanying condensed Consolidated Statement of Operations. The acquisition of the remaining interest of 64.3% through the issuance of newly issued common units in Navios Partners was recorded at a fair value of $191,624 on the basis of 8,133,452 common units issued at a closing price per common unit of $23.56 as of the closing date of the NMCI Merger.

Since the completion of the merger on March 31, 2021, beginning from April 1, 2021, the results of operations of Navios Containers are included in Navios Partners’ condensed Consolidated Statements of Operations.

For the three month periods ended June 30, 2022 and June 30, 2021, transaction costs amounted to $0 and $87, respectively, have been expensed in the condensed Consolidated Statement of Operations within the caption “General and administrative expenses”.

For the six month periods ended June 30, 2022 and June 30, 2021, transaction costs amounted to $0 and $188, respectively, have been expensed in the condensed Consolidated Statement of Operations within the caption “General and administrative expenses”.

The following table summarizes the consideration exchanged and the fair value of assets acquired and liabilities assumed on March 31, 2021:


Purchase price:
Fair value of previously held interest (35.7%)	$	106,997
Equity issuance (8,133,452 Navios Partners units * $23.56)		191,624
Total purchase price		298,621
Fair value of assets acquired and liabilities assumed:
Vessels		770,981
Current assets (including cash of $10,282)		29,033
Unfavorable lease terms		(224,490)
Long term debt and financial liabilities assumed (including current portion)		(227,434)
Current liabilities		(5,416)
Fair value of net assets acquired		342,674
Bargain gain	$	44,053

The acquired intangible, listed below, as determined at the acquisition date and amortized under the straight line method over the period indicated below:

			Within One Year		Year Two		Year Three		Year Four		Year Five		Year Six			Total
Time charters with unfavorable lease terms		$	(126,710)		(52,501)		(20,431)		(12,462)		(11,445)		(941)		$	(224,490)

Intangible liabilities subject to amortization are amortized using straight line method over their estimated useful lives to their estimated residual value of zero.

The following is a summary of the acquired identifiable intangible liability:

		Amount
Description
Unfavorable lease terms	$	(224,490)

ACQUISITION OF NAVIOS ACQUISITION

On August 25, 2021 (date of obtaining control), Navios Partners purchased 44,117,647 newly issued shares of Navios Maritime Acquisition Corporation (“Navios Acquisition”), thereby acquiring a controlling interest of 62.4% in Navios Acquisition, and the results of operations of Navios Acquisition are included in Navios Partners’ Consolidated Statements of Operations commencing on August 26, 2021.

On October 15, 2021, Navios Partners completed the merger with Navios Acquisition (the “NNA Merger” and together with the NMCI Merger, the “Mergers”) and as a result thereof, Navios Acquisition became a wholly-owned subsidiary of Navios Partners. Each outstanding share of common stock of Navios Acquisition that was held by a stockholder other than Navios Partners was converted into the right to receive 0.1275 of a common unit of Navios Partners. As a result of the NNA Merger, 3,388,226 common units of Navios Partners were issued to former public stockholders of Navios Acquisition.

Navios Partners accounted for the control obtained “as a business combination”, which resulted in the application of the “acquisition method,” as defined under ASC 805, Business Combinations, as well as the recognition of the equity interest in Navios Acquisition not held by Navios Partners to its fair value at the date the controlling interest is acquired by Navios Partners as noncontrolling interest on the Consolidated Balance Sheet. The excess of the fair value of Navios Acquisition’s identifiable net assets acquired of $211,597 over the fair value of the consideration transferred of $150,000 and the fair value of the noncontrolling interest of $57,635, resulted in a bargain gain upon obtaining control of $3,962.

The fair value of the consideration of $150,000 has been treated as deemed contribution with an equal increase in total partner’s capital. The fair value of the noncontrolling interest was determined by using the Navios Acquisition’s closing price of $2.17 as of August 25, 2021 (date of obtaining control). The fair value of the vessels was determined based on vessel valuations, obtained from independent third party shipbrokers, which are among other things, based on recent sales and purchase transactions of similar vessels. The fair value of the favorable and unfavorable lease terms (intangible assets and liabilities) were determined by reference to market data and the discounted amount of expected future cash flows. The key assumptions that were used in the discounted cash flow analysis were as follows: (i) the contracted charter rate of the acquired charter over the remaining lease term compared to the current market charter rates for a similar contract and (ii) discounted using the Company’s relevant discount factor of 10.43%.

Navios Acquisition’s balances are included in Navios Partners’ condensed Consolidated Balance Sheets as of June 30, 2022 and Navios Partners’ Consolidated Balance Sheets as of December 31, 2021, while Navios Acquisitions’ results of operations are only included in Navios Partners’ condensed Consolidated Statement of Operations for the three and six month periods ended June 30, 2022.

The following table summarizes the fair value of the consideration transferred the fair value of assets acquired and liabilities assumed and the fair value of the noncontrolling interest in Navios Acquisition assumed on August 25, 2021:


Purchase consideration:
Fair value of the consideration	$	150,000
Fair value of noncontrolling interest (37.6%)		57,635
Total purchase consideration		207,635
Fair value of Navios Acquisition’s assets acquired and liabilities assumed:
Vessels		1,003,040
Other long-term assets		27,291
Operating lease assets		128,619
Current assets (including cash and restricted cash of $32,394)		64,180
Favorable lease terms		112,139
Unfavorable lease terms		(6,529)
Long term debt and financial liabilities assumed (including current portion)		(811,608)
Operating lease liabilities (including current portion)		(128,619)
Current liabilities		(176,916)
Fair value of Navios Acquisition’s net assets		211,597
Bargain gain upon obtaining control	$	3,962

The intangible assets and liabilities, listed below, as determined at the date of obtaining control and are amortized under the straight line method over the period indicated below:

Within One Year Year Two Year Three Year Four Year Five Year Six and thereafter Total

Time charters with favorable lease terms $ 24,398 18,232 18,156 17,702 11,182 22,469 $ 112,139

Time charters with unfavorable lease terms $ (4,672) (1,857) — — — — $ (6,529)

Intangible assets and liabilities subject to amortization are amortized using straight line method over their estimated useful lives to their estimated residual value of zero.

The following is a summary of the identifiable intangible asset and liability at the date of obtaining control:

		Amount
Description
Favorable lease terms	$	112,139
Unfavorable lease terms	$	(6,529)

Cash And Cash Equivalents

6 Months Ended

Jun. 30, 2022

Cash and Cash Equivalents [Abstract]

Cash And Cash Equivalents

NOTE 4 – CASH AND CASH EQUIVALENTS Cash And Cash Equivalents

Cash and cash equivalents

		June 30, 2022		December 31, 2021
Cash and cash equivalents	$	163,362	$	159,467
Restricted cash		11,262		9,979
Total cash and cash equivalents and restricted cash	$	174,624	$	169,446

As of June 30, 2022 and December 31, 2021, restricted cash amounted to $11,262 and $9,979, respectively, and mainly related to amounts held in retention accounts in order to service debt and interest payments, as required by certain of the Company’s credit facilities and financial liabilities.

Cash deposits and cash equivalents in excess of amounts covered by government-provided insurance are exposed to loss in the event of non-performance by financial institutions. Navios Partners does maintain cash deposits and equivalents in excess of government-provided insurance limits. Navios Partners also minimizes exposure to credit risk by dealing with a diversified group of major financial institutions.

Vessels, net

6 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

Vessels, net

NOTE 5 – VESSELS, NET Vessels, net

Vessels, Net

Vessels		Cost		Accumulated Depreciation		Net Book Value
Balance December 31, 2021	$	3,220,627	$	(368,057)	$	2,852,570
Additions/ (Depreciation)		6,274		(71,930)		(65,656)
Balance June 30, 2022	$	3,226,901	$	(439,987)	$	2,786,914

During the six month periods ended June 30, 2022 and 2021, the Company capitalized certain extraordinary fees and costs related to vessels’ regulatory requirements, including ballast water treatment system installation and exhaust gas cleaning system installation, amounted to $6,274 and $4,865, respectively, and are presented under the caption “Acquisition of/ additions to vessels, net of cash acquired” in the condensed Consolidated Statements of Cash Flows (see Note 13 – Transactions with related parties and affiliates).

Acquisition of Vessels

2021

On June 30, 2021, Navios Partners acquired the Navios Ray, a 2012-built Capesize vessel of 179,515 dwt and the Navios Bonavis, a 2009-built Capesize vessel of 180,022 dwt, from its affiliate, Navios Holdings, for an aggregate purchase price of $58,000 (see Note 13 – Transactions with related parties and affiliates).

On June 4, 2021, Navios Partners acquired the Navios Koyo, a 2011-built Capesize vessel of 181,415 dwt, from its affiliate, Navios Holdings, for a purchase price of $28,567 (including $67 capitalized expenses) (see Note 13 – Transactions with Related Parties).

On May 10, 2021, Navios Partners acquired the Ete N, a 2012-built Containership of 2,782 TEU, the Fleur N, a 2012-built Containership of 2,782 TEU and the Spectrum N, a 2009-built Containership of 2,546 TEU from Navios Acquisition, for an aggregate purchase price of $55,500 (see Note 13 – Transactions with related parties and affiliates).

On March 30, 2021, Navios Partners acquired the Navios Avior, a 2012-built Panamax vessel of 81,355 dwt, and the Navios Centaurus, a 2012-built Panamax vessel of 81,472 dwt, from its affiliate, Navios Holdings, for an acquisition cost of $39,320 (including $70 capitalized expenses), including working capital balances of $(5,766) (see Note 13 – Transactions with related parties and affiliates).

The acquisition of the individual vessels from Navios Holdings (except for the Navios Koyo) and Navios Acquisition was effected through the acquisition of all of the capital stock of the respective vessel-owning companies, which held the ownership and other contractual rights and obligations related to each of the acquired vessels. Management accounted for each acquisition as an asset acquisition under ASC 805.

Sale of Vessels

2021

On March 25, 2021, the Company sold the Joie N, a 2011-built Ultra-Handymax vessel of 56,557 dwt, to an unrelated third party, for a net sale price of $8,190.

On February 10, 2021, the Company sold the Castor N, a 2007-built Containership of 3,091 TEU to an unrelated third party for a net sale price of $8,869.

On January 28, 2021, the Company sold the Solar N, a 2006-built Containership of 3,398 TEU to an unrelated third party for a net sale price of $11,074.

On January 13, 2021, the Company sold the Esperanza N, a 2008-built Containership of 2,007 TEU to an unrelated third party for a net sale price of $4,559.

Following the sale of the vessels during the period ended June 30, 2021, the aggregate amount of $511, was presented under the caption “Loss on sale of vessels” in the condensed Consolidated Statements of Operations.

Vessels agreed to be sold

In February 2022, Navios Partners agreed to sell the Navios Utmost and the Navios Unite, two 2006-built Containerships of 8,204 TEU each, to an unrelated third party, for an aggregate sale price of $220,000. In September 2022, Navios Partners completed the sale of the Navios Utmost. The sale of the Navios Unite is expected to be completed in September 2022.

Intangible Assets And Liabilities

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets And Liabilities

NOTE 6 – INTANGIBLE ASSETS AND LIABILITIES Intangible Assets And Liabilities

Intangible assets as of June 30, 2022 and December 31, 2021 consisted of the following:

		Cost		Accumulated Amortization		Net Book Value
Favorable lease terms December 31, 2021	$	195,854	$	(95,432)	$	100,422
Amortization for the period		—		(12,430)		(12,430)
Favorable lease terms June 30, 2022	$	195,854	$	(107,862)	$	87,992

Amortization expense of favorable lease terms for each of the periods ended June 30, 2022 and 2021 is presented in the following table:

	Three Month Period Ended				Six Month Period Ended
	June 30, 2022		June 30, 2021		June 30, 2022		June 30, 2021
Favorable lease terms	$	(5,565)	$	(292)	$	(12,430)	$	(583)
Total	$	(5,565)	$	(292)	$	(12,430)	$	(583)

The aggregate amortization of the intangibles for the 12-month periods ending June 30, is estimated to be as follows:

Period	Amount
2023	$	18,483
2024		18,156
2025		17,702
2026		11,180
2027 and thereafter		22,471
Total	$	87,992

Intangible assets subject to amortization are amortized using straight line method over their estimated useful lives to their estimated residual value of zero. The weighted average useful lives are 5.9 years for the remaining favorable lease terms.

Intangible liabilities as of June 30, 2022 and December 31, 2021 consisted of the following:

		Cost		Accumulated Amortization		Net Book Value
Unfavorable lease terms December 31, 2021	$	231,019	$	(108,538)	$	122,481
Amortization for the period		—		(39,426)		(39,426)
Unfavorable lease terms June 30, 2022	$	231,019	$	(147,964)	$	83,055

Amortization income of unfavorable lease terms for each of the periods ended June 30, 2022 and 2021 is presented in the following table:

	Three Month Period Ended				Six Month Period Ended
	June 30, 2022		June 30, 2021		June 30, 2022		June 30, 2021
Unfavorable lease terms	$	17,587	$	42,026	$	39,426	$	42,026
Total	$	17,587	$	42,026	$	39,426	$	42,026

The aggregate amortization of the intangible liabilities for the 12-month periods ending June 30 is estimated to be as follows:

Period	Amount
2023	$	44,586
2024		16,792
2025		12,204
2026		9,473
Total	$	83,055

Intangible liabilities subject to amortization are amortized using straight line method over their estimated useful lives to their estimated residual value of zero. The weighted average useful lives are 2.7 years for the remaining unfavorable lease terms.

Borrowings

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Borrowings

NOTE 7 – BORROWINGS Borrowings

Borrowings as of June 30, 2022 and December 31, 2021 consisted of the following:

Borrowings

		June 30, 2022		December 31, 2021
Credit facilities	$	799,796	$	825,267
Financial liabilities		499,570		549,178
Total borrowings	$	1,299,366	$	1,374,445
Less: Current portion of long-term borrowings, net		(221,301)		(255,137)
Less: Deferred finance costs, net		(12,023)		(12,736)
Long-term borrowings, net	$	1,066,042	$	1,106,572

As of June 30, 2022, the total borrowings, net of deferred finance costs under the Navios Partners’ credit facilities and financial liabilities were $1,287,343.

Credit Facilities

As of June 30, 2022, the Company had secured credit facilities with various banks with a total outstanding balance of $799,796. The purpose of the facilities was to finance the acquisition of vessels or refinance existing indebtedness. All of the facilities are denominated in U.S. dollars and bear interest rate (as defined in the loan agreement) plus spread ranging from 225 bps to 310 bps, per annum. The facilities are repayable in either semi-annual or quarterly installments, followed by balloon payments with maturities, ranging from the second quarter of 2023 to the second quarter of 2027. See also the maturity table included below.

Hellenic Bank Public Company Limited: On May 9, 2022, Navios Partners entered into a new credit facility with Hellenic Bank Public Company Limited of up to $25,235 in order to refinance the existing indebtedness of five of its vessels and for working capital purposes. On May 11, 2022, the full amount was drawn. As of June 30, 2022, the total outstanding balance was $25,235 and is repayable in one installment of $1,455, 13 quarterly installments of $1,035 each, five quarterly installments of $895 each and one installment of $850 together with a final balloon payment of $5,000 to be paid on the last repayment date. The facility matures in the second quarter of 2027 and bears interest at Term Secured Overnight Financing Rate (“SOFR”) plus credit adjustment spread plus 250 bps per annum.

Skandinaviska Enskilda Banken AB: On June 29, 2022, Navios Partners entered into a new credit facility with Skandinaviska Enskilda Banken AB of up to $55,000 in order to refinance the existing indebtedness of four of its vessels and for general corporate purposes. On June 30, 2022, the full amount was drawn. As of June 30, 2022, the total outstanding balance was $55,000 and is repayable in 19 consecutive quarterly installments of $1,960 each and a final balloon payment of $17,760 to be paid on the last repayment date. The facility matures in the second quarter of 2027 and bears interest at SOFR plus 225 bps per annum.

ABN Amro Bank N.V.: On March 28, 2022, Navios Partners entered into a new credit facility with ABN Amro Bank N.V. of up to $55,000 in order to refinance the existing indebtedness of three of its vessels and for general corporate purposes. On March 31, 2022, the full amount was drawn. As of June 30, 2022, the total outstanding balance was $53,300 and is repayable in 19 consecutive quarterly installments of $1,700 each together with a final balloon payment of $21,000 to be paid on the last repayment date. The facility matures in the first quarter of 2027 and bears interest at daily cumulative or non-cumulative compounded RFR rate (as defined in the loan agreement) plus 225 bps per annum.

Amounts drawn under the credit facilities are secured by first preferred mortgages on certain Navios Partners’ vessels and other collateral and are guaranteed by the respective vessel-owning subsidiaries.

Financial Liabilities

In October 2019, Navios Acquisition entered into sale and leaseback agreements with unrelated third parties for $90,811 in order to refinance six product tankers. Navios Acquisition has a purchase obligation to acquire the vessels at the end of the lease term and under ASC 842-40, the transaction was determined to be a failed sale. In May 2022, the Company exercised its purchase option for two out of six vessels before the end of the lease term, by prepaying a predetermined amount and an amount of $11,295 was prepaid. As of June 30, 2022, the outstanding balance under these agreements was $51,250 and is repayable through periods ranging from three to six years in consecutive quarterly installments of up to $1,834 each, with a repurchase obligation of up to $16,500 in total. The sale and leaseback arrangements bear interest at LIBOR plus a margin ranging from 335 bps to 355 bps per annum, depending on the vessel financed.

Credit Facilities and Financial Liabilities

The credit facilities and certain financial liabilities contain a number of restrictive covenants that prohibit or limit Navios Partners from, among other things: incurring or guaranteeing indebtedness; entering into affiliate transactions; charging, pledging or encumbering the vessels; changing the flag, class, management or ownership of Navios Partners’ vessels; changing the commercial and technical management of Navios Partners’ vessels; selling or changing the beneficial ownership or control of Navios Partners’ vessels; not maintaining Navios Holdings’, Angeliki Frangou’s or their affiliates’ ownership in Navios Partners of at least 5.0%; and subordinating the obligations under the credit facilities to any general and administrative costs relating to the vessels, including the fixed daily fee payable under the Management Agreements (defined herein).

As of each of June 30, 2022 and December 31, 2021, the security deposits under certain sale and leaseback agreements were $10,078, and are presented under “Other long-term assets” in the condensed Consolidated Balance Sheets.

The Company’s credit facilities and certain financial liabilities also require compliance with a number of financial covenants, including: (i) maintain a required security ranging over 105% to 140%; (ii) minimum free consolidated liquidity in an amount equal to $500 per owned vessel and a number of vessels as defined in the Company’s credit facilities and financial liabilities; (iii) maintain a ratio of EBITDA to interest expense of at least 2.00:1.00; (iv) maintain a ratio of total liabilities or total debt to total assets (as defined in the Company’s credit facilities and financial liabilities) ranging from less than 0.75 to 0.80; and (v) maintain a minimum net worth ranging from $30,000 to $135,000.

It is an event of default under the credit facilities and certain financial liabilities if such covenants are not complied with in accordance with the terms and subject to the prepayments or cure provisions of the facilities.

As of June 30, 2022, Navios Partners was in compliance with the financial covenants and/or the prepayments and/or the cure provisions, as applicable, in each of its credit facilities and certain financial liabilities.

The annualized weighted average interest rates of the Company’s total borrowings for the three and six month periods ended June 30, 2022 was 4.27% and 3.98%, respectively. The annualized weighted average interest rates of the Company’s total borrowings for the three and six month periods ended June 30, 2021 was 3.90% and 3.90%, respectively.

The maturity table below reflects the principal payments for the next five 12-month periods ending June 30 and thereafter of all borrowings of Navios Partners outstanding as of June 30, 2022, based on the repayment schedules of the respective credit facilities and financial liabilities.

Period ending June 30,		Amount
2023		225,844
2024		293,367
2025		375,070
2026		171,492
2027 and thereafter		233,593
Total	$	1,299,366

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI https://asc.fasb.org/topic&trid=2208564

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (h)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (g)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1E
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (i)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

+ Details

Fair value of financial instruments

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Fair value of financial instruments

NOTE 8 – FAIR VALUE OF FINANCIAL INSTRUMENTS Fair value of financial instruments

The carrying value amounts of many of Navios Partners’ financial instruments, including accounts receivable and accounts payable approximate their fair value due primarily to the short-term maturity of the related instruments.

Fair value of financial instruments

The following methods and assumptions were used to estimate the fair value of each class of financial instrument:

Cash and cash equivalents: The carrying amounts reported in the condensed Consolidated Balance Sheets for interest bearing deposits approximate their fair value because of the short maturity of these deposits.

Restricted Cash: The carrying amounts reported in the condensed Consolidated Balance Sheets for interest bearing deposits approximate their fair value because of the short maturity of these deposits.

Amounts due from related parties, short-term: The carrying amount of due from related parties, short-term reported in the condensed Consolidated Balance Sheets approximates its fair value due to the short-term nature of these receivables.

Amounts due from related parties, long-term: The carrying amount of due from related parties long-term reported in the condensed Consolidated Balance Sheets approximates its fair value due to the long-term nature of these receivables.

Amounts due to related parties, short-term: The carrying amount of due to related parties, short-term reported in the condensed Consolidated Balance Sheets approximates its fair value due to the short-term nature of these payables.

Long-term borrowings, including current portion, net: The book value has been adjusted to reflect the net presentation of deferred finance costs. The outstanding balance of the floating rate loans and financial liabilities continues to approximate its fair value, excluding the effect of any deferred finance costs.

The estimated fair values of the Navios Partners’ financial instruments are as follows:

Fair Value of Financial Instruments

		June 30, 2022				December 31, 2021
		Book Value		Fair Value		Book Value		Fair Value
Cash and cash equivalents	$	163,362	$	163,362	$	159,467	$	159,467
Restricted cash	$	11,262	$	11,262	$	9,979	$	9,979
Amounts due from related parties, short-term	$	14,722	$	14,722	$	—	$	—
Amounts due from related parties, long-term	$	36,302	$	36,302	$	35,245	$	35,245
Amounts due to related parties, short-term	$	—	$	—	$	(64,204)	$	(64,204)
Long-term borrowings, including current portion, net	$	(1,287,343)	$	(1,299,366)	$	(1,361,709)	$	(1,374,445)

Fair Value Measurements

The estimated fair value of the Company’s financial instruments that are not measured at fair value on a recurring basis, categorized based upon the fair value hierarchy, are as follows:

Level I: Inputs are unadjusted, quoted prices for identical assets or liabilities in active markets that we have the ability to access. Valuation of these items does not entail a significant amount of judgment.

Level II: Inputs other than quoted prices included in Level I that are observable for the asset or liability through corroboration with market data at the measurement date.

Level III: Inputs that are unobservable. The Company did not use any Level III inputs as of June 30, 2022 and December 31, 2021.

		Fair Value Measurements as at June 30, 2022
		Total		Level I		Level II		Level III
Cash and cash equivalents	$	163,362	$	163,362	$	—	$	—
Restricted cash	$	11,262	$	11,262	$	—	$	—
Amounts due from related parties, short-term ⁽²⁾	$	14,722	$	—	$	14,722	$	—
Amounts due from related parties, long-term ⁽³⁾	$	36,302	$	—	$	36,302	$	—
Long-term borrowings, including current portion, net ⁽¹⁾	$	(1,299,366)	$	—	$	(1,299,366)	$	—

		Fair Value Measurements as at December 31, 2021
		Total		Level I		Level II		Level III
Cash and cash equivalents	$	159,467	$	159,467	$	—	$	—
Restricted cash	$	9,979	$	9,979	$	—	$	—
Amounts due from related parties, long-term ⁽³⁾	$	35,245	$	—	$	35,245	$	—
Amounts due to related parties, short-term ⁽⁴⁾	$	(64,204)	$	—	$	(64,204)	$	—
Long-term borrowings, including current portion, net ⁽¹⁾	$	(1,374,445)	$	—	$	(1,374,445)	$	—

(1)	The fair value of the Company’s debt is estimated based on currently available debt with similar contract terms, interest rate and remaining maturities as well as taking into account the Company’s creditworthiness.

(2)	The fair value of the Company’s short-term receivable from related parties is estimated based on currently available debt with similar contract terms, interest rate and remaining maturities as well as taking into account the counterparty’s creditworthiness.

(3)	The fair value of the Company’s long-term receivable from related parties is estimated based on currently available debt with similar contract terms, interest rate and remaining maturities as well as taking into account the counterparty’s creditworthiness.

(4)	The fair value of the Company’s short-term payable to related parties is estimated based on currently available debt with similar contract terms, interest rate and remaining maturities as well as taking into account the Company’s creditworthiness.

As of each of June 30, 2022 and December 31, 2021, there were no assets measured at fair value on a non-recurring basis.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Issuance of Units

6 Months Ended

Jun. 30, 2022

Issuance Of Units

Issuance of Units

NOTE 9 – ISSUANCE OF UNITS Issuance of Units

On May 21, 2021, Navios Partners entered into a new Continuous Offering Program Sales Agreement (“$110.0m Sales Agreement”) for the issuance and sale from time to time through its agent of common units having an aggregate offering price of up to $110,000. As of June 30, 2021 and December 31, 2021, since the commencement of the $110.0m Sales Agreement, Navios Partners had issued 2,914,022 units and 3,963,249 units, respectively, and received net proceeds of $78,134 and $103,691, respectively. Pursuant to the issuance of the common units, as of June 30, 2021 and December 31, 2021, Navios Partners issued 59,470 and 80,883 general partnership units, respectively, to its General Partner in order to maintain its 2.0% ownership interest. As of June 30, 2021 and December 31, 2021, the net proceeds from the issuance of the general partnership units were approximately $1,636 and $2,172, respectively. No additional sales were made subsequent to December 31, 2021 or will be made under this program.

On April 9, 2021, Navios Partners entered into a Continuous Offering Program Sales Agreement (“$75.0m Sales Agreement”) for the issuance and sale from time to time through its agent of common units having an aggregate offering price of up to $75,000. As of each of June 30, 2021 and December 31, 2021, since the commencement of the $75.0m Sales Agreement, Navios Partners had issued 2,437,624 units and received net proceeds of $73,117. Pursuant to the issuance of the common units, as of each of June 30, 2021 and December 31, 2021, Navios Partners issued 49,747 general partnership units to its General Partner in order to maintain its 2.0% ownership interest. As of each of June 30, 2021 and December 31, 2021, the net proceeds from the issuance of the general partnership units were approximately $1,530. No additional sales were made subsequent to December 31, 2021 or will be made under this program.

On November 18, 2016, Navios Partners entered into a Continuous Offering Program Sales Agreement for the issuance and sale from time to time through its agent of common units having an aggregate offering price of up to $25,000. An amended Sales Agreement was entered into on August 3, 2020. As of each of June 30, 2021 and December 31, 2021, since the date of the amended Sales Agreement, Navios Partners had issued 1,286,857 units and received net proceeds of $23,918. Pursuant to the issuance of the common units, as of each of June 30, 2021 and December 31, 2021, Navios Partners issued 26,265 general partnership units to its general partner in order to maintain its 2.0% ownership interest. As of each of June 30, 2021 and December 31, 2021, the net proceeds from the issuance of the general partnership units were $501. No additional sales were made subsequent to December 31, 2021 or will be made under this program.

Pursuant to the terms of the NMCI Merger Agreement, each outstanding common unit of Navios Containers that was held by a unitholder other than Navios Partners, Navios Containers and their respective subsidiaries was converted into the right to receive 0.39 of a common unit of Navios Partners. As a result of the NMCI Merger, 8,133,452 common units of Navios Partners were issued to former public unitholders of Navios Containers. Pursuant to the issuance of the common units, Navios Partners issued 165,989 general partner units, resulting in net proceeds of $3,911 (see Note 3 – Acquisition of Navios Containers and Navios Acquisition).

Pursuant to the terms of the NNA Merger Agreement, each outstanding common unit of Navios Acquisition that was held by a stockholder other than Navios Partners, was converted into the right to receive 0.1275 of a common unit of Navios Partners. As a result of the NNA Merger, 3,388,226 common units of Navios Partners were issued to former public stockholders of Navios Acquisition. Pursuant to the issuance of the common units, Navios Partners issued 69,147 general partner units, resulting in net proceeds of $1,893 (see Note 3 – Acquisition of Navios Containers and Navios Acquisition).

The effect of compensation expense arising from the restricted common units granted in December 2019 and 2018 and February 2019, amounted to $40 and $82 for the three and six month periods ended June 30, 2022, respectively, and was presented under the caption “General and administrative expenses” in the condensed Consolidated Statements of Operations.

The effect of compensation expense arising from the restricted common units granted in December 2019, 2018 and 2017 and February 2019, amounted to $116 and $234 for the three and six month periods ended June 30, 2021, respectively, and was presented under the caption “General and administrative expenses” in the condensed Consolidated Statements of Operations.

As of June 30, 2022, the estimated compensation cost relating to service conditions of non-vested restricted common units granted in 2018 and 2019 not yet recognized was $84.

As of June 30, 2022, there were 42,916 restricted common units outstanding that remained unvested.

Segment Information

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Segment Information

NOTE 10 – SEGMENT INFORMATION Segment Information

ASC 280, “Segment Reporting,” establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for details on the Company’s business segments. The Company uses the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments.

Navios Partners reports financial information and evaluates its operations by charter revenues. Navios Partners does not use discrete financial information to evaluate operating results for each type of charter or by sector. As a result, management, including the chief operating decision maker, reviews operating results solely by revenue per day and operating results of the fleet as a whole, determining where to allocate resources and drive business forward by examining consolidated results. Thus Navios Partners has determined that it operates under one reportable segment.

The following table sets out operating revenue by geographic region for Navios Partners’ reportable segment. Revenue is allocated on the basis of the geographic region in which the customer is located. Drybulk, Containerships and Tankers operate worldwide. Revenues from specific geographic region, which contribute over 10% of total revenue, are disclosed separately.

Revenue by Geographic Region

Vessels operate on a worldwide basis and are not restricted to specific locations. Accordingly, it is not possible to allocate the assets of these operations to specific countries.

		Three Month Period ended June 30, 2022		Three Month Period ended June 30, 2021		Six Month Period ended June 30, 2022		Six Month Period ended June 30, 2021
Asia	$	180,047	$	86,858	$	321,244	$	124,940
Europe		77,047		51,803		150,963		72,465
North America		23,567		13,348		45,071		19,667
Total	$	280,661	$	152,009	$	517,278	$	217,072

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (e)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 15
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI https://asc.fasb.org/topic&trid=2134510

+ Details

Income Taxes

6 Months Ended

Jun. 30, 2022

Income Tax Disclosure [Abstract]

Income Taxes

NOTE 11 – INCOME TAXES Income Taxes

The Republic of the Marshall Islands, Malta and Liberia do not impose a tax on international shipping income. Under the laws of the Republic of the Marshall Islands, Malta, Cayman Islands, Liberia, British Virgin Islands and Hong Kong, the countries of the vessel-owning subsidiaries’ incorporation and vessels’ registration, the vessel-owning subsidiaries are subject to registration and tonnage taxes, which have been included in vessel operating expenses in the accompanying condensed Consolidated Statements of Operations.

In accordance with the currently applicable Greek law, foreign flagged vessels that are managed by Greek or foreign ship management companies having established an office in Greece on the basis of the applicable licensing regime are subject to tax liability towards the Greek state, which is calculated on the basis of the relevant vessel’s tonnage. A tax credit is recognized for tonnage tax (or similar tax) paid abroad, up to the amount of the tax due in Greece.

The owner, the manager and the bareboat charterer or the financial lessee (where applicable) are liable to pay the tax due to the Greek state. The payment of said tax exhausts the tax liability of the foreign ship owning company, the bareboat charterer, the financial lessee (as applicable) and the relevant manager against any tax, duty, charge or contribution payable on income from the exploitation of the foreign flagged vessel outside Greece.

Pursuant to Section 883 of the Internal Revenue Code of the United States, U.S. source income from the international operation of ships is generally exempt from U.S. income tax if the company operating the ships meets certain incorporation and ownership requirements. Among other things, in order to qualify for this exemption, the company operating the ships must be incorporated in a country, which grants an equivalent exemption from income taxes to U.S. corporations. All the vessel-owning subsidiaries satisfy these initial criteria.

In addition, these companies must meet an ownership test. The management of Navios Partners believes that this ownership test was satisfied prior to the IPO by virtue of a special rule applicable to situations where the ship operating companies are beneficially owned by a publicly traded company. Although not free from doubt, management also believes that the ownership test will be satisfied based on the trading volume and ownership of Navios Partners’ units, but no assurance can be given that this will remain so in the future.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 21
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32857-109319

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-URI https://asc.fasb.org/extlink&oid=122134291&loc=d3e330215-122817

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 17
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32809-109319

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
-URI https://asc.fasb.org/extlink&oid=122134291&loc=d3e330036-122817

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 14
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32705-109319

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 270
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6424409&loc=d3e44925-109338

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-URI https://asc.fasb.org/topic&trid=2144680

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=6424122&loc=d3e41874-109331

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Commitments and Contingencies

6 Months Ended

Jun. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

NOTE 12 – COMMITMENTS AND CONTINGENCIES Commitments and Contingencies

Navios Partners is involved in various disputes and arbitration proceedings arising in the ordinary course of business. Provisions have been recognized in the financial statements for all such proceedings where Navios Partners believes that a liability may be probable, and for which the amounts are reasonably estimable, based upon facts known at the date the financial statements were prepared. Management believes the ultimate disposition of these matters will be immaterial individually and in the aggregate to Navios Partners’ financial position, results of operations or liquidity.

In November 2017, Navios Partners agreed to bareboat charter-in, under a ten-year bareboat contract, from an unrelated third party, the Navios Libra, a newbuilding Panamax vessel of 82,011 dwt, delivered on July 24, 2019. Navios Partners agreed to pay in total $5,540, representing a deposit for the option to acquire the vessel after the end of the fourth year, of which the first half of $2,770 was paid during the year ended December 31, 2017 and the second half of $2,770 was paid during the year ended December 31, 2018. As of June 30, 2022, the total amount of $6,451, including expenses, is presented under the caption “Other long-term assets” in the condensed Consolidated Balance Sheets.

On October 18, 2019, Navios Partners agreed to bareboat charter-in, under a ten-year bareboat contract each, from an unrelated third party, the Navios Amitie and the Navios Star, two newbuilding Panamax vessels of 82,002 dwt and 81,994 dwt, respectively. The vessels were delivered in Navios Partner’s fleet on May 28, 2021 and June 10, 2021, respectively. Navios Partners has the option to acquire the vessels after the end of the fourth year for the remaining period of the bareboat charters. Navios Partners had agreed to pay in total $12,328, representing a deposit for the option to acquire the vessels after the end of the fourth year, of which $1,434 was paid during the year ended December 31, 2019, $10,034 was paid during the year ended December 31, 2020, and the remaining amount of $860 was paid upon the delivery of the vessels. As of June 30, 2022, the total amount of $13,648, including expenses, is presented under the caption “Other long-term assets” in the condensed Consolidated Balance Sheets.

On January 25, 2021, Navios Partners agreed to bareboat charter-in, under a 15-year bareboat contract each, from an unrelated third party, three newbuilding Capesize vessels of approximately 180,000 dwt each. Navios Partners has the options to acquire the vessels after the end of year four for the remaining period of the bareboat charters. Navios Partners agreed to pay in total $10,500, representing a deposit for the options to acquire the vessels after the end of the fourth year, of which $5,250 was paid in August 2021 and the remaining amount of $5,250 will be paid upon the delivery of the vessels. The vessels are expected to be delivered into Navios Partners’ fleet during the second half of 2022 and the first half of 2023. As of June 30, 2022, the total amount of $5,508, including expenses, is presented under the caption “Other long-term assets” in the condensed Consolidated Balance Sheets.

On March 25, 2021, Navios Partners agreed to bareboat charter-in, under a 15-year bareboat contract, from an unrelated third party, one newbuilding Capesize vessel, of approximately 180,000 dwt. Navios Partners has the option to acquire the vessel after the end of year four for the remaining period of the bareboat charter. Navios Partners agreed to pay in total $3,500, representing a deposit for the option to acquire the vessel after the end of the fourth year of which $1,750 was paid in August 2021 and the remaining amount of $1,750 will be paid upon the delivery of the vessel. The vessel is expected to be delivered by the first half of 2023. As of June 30, 2022, the total amount of $1,820, including expenses, is presented under the caption “Other long-term assets” in the condensed Consolidated Balance Sheets.

In June 2021, Navios Partners agreed to bareboat charter-in, under a ten-year bareboat contract, from an unrelated third party, one newbuilding Capesize vessel, of approximately 180,000 dwt. Navios Partners has the option to acquire the vessel after the end of year four for the remaining period of the bareboat charter. Navios Partners agreed to pay in total $12,000, representing a deposit for the option to acquire the vessel after the end of the fourth year of which $6,000 was paid in September 2021 and the remaining amount of $6,000 will be paid upon the delivery of the vessel. The vessel is expected to be delivered by the second half of 2022. In September 2021, Navios Partners declared its option to purchase the vessel. As of June 30, 2022, the total amount of $6,348, including expenses, is presented under the caption “Other long-term assets” in the condensed Consolidated Balance Sheets.

Pursuant to a novation agreement dated December 20, 2021, the Company agreed to novate the shipbuilding contract and to simultaneously enter into a bareboat charter agreement to bareboat charter-in a newbuilding Panamax vessel of 82,003 dwt, under a ten-year bareboat contract, from an unrelated third party, the Navios Primavera. On July 27, 2022, Navios Partners took delivery of the Navios Primavera. Navios Partners agreed to pay in total $6,316, of which $3,158 was paid in April 2021 and the remaining amount of $3,158 was paid in the first quarter of 2022. In December 2021, Navios Partners declared its option to purchase the vessel. The Company-lessee has performed an assessment based on provisions of ASC 842 and concluded that it controls the underlying asset that is under construction before the commencement date of the lease. Consequently, as of June 30, 2022, the Company has capitalized the installments paid by the owner-lessor to the yard, amounted to $6,316 and recognized an equal amounted liability presented under the caption “Other long-term liabilities” in the condensed Consolidated Balance Sheets. As of June 30, 2022, the total amount of $12,632 (including installments of $6,316 paid by the owner-lessor to the yard) is presented under the caption “Deposits for vessels acquisitions” in the condensed Consolidated Balance Sheets.

On July 2, 2021, Navios Partners agreed to purchase four 5,300 TEU newbuilding containerships, from an unrelated third party, for a purchase price of $61,600 each. The vessels are expected to be delivered into Navios Partners’ fleet during the second half of 2023 and first half of 2024. Navios Partners agreed to pay in total $18,480 in three installments for each vessel and the remaining amount of $43,120 for each vessel plus extras will be paid upon delivery of the vessel. On August 13, 2021, the first installment of each vessel of $6,160, or $24,640 accumulated for the four vessels, was paid. In May 2022, the aggregate amount of $12,320 in relation to the second instalment for two vessels, was paid. As of June 30, 2022, the total amount of $36,960 is presented under the caption “Deposits for vessels acquisitions” in the condensed Consolidated Balance Sheets.

On October 1, 2021, Navios Partners exercised its option to acquire two 5,300 TEU newbuilding containerships, from an unrelated third party, for a purchase price of $61,600 each. The vessels are expected to be delivered into Navios Partners’ fleet during the second half of 2024. Navios Partners agreed to pay in total $18,480 in three installments for each vessel and the remaining amount of $43,120 for each vessel plus extras will be paid upon delivery of the vessel. On November 15, 2021, the first installment of each vessel of $6,160, or $12,320 accumulated for the two vessels, was paid. As of June 30, 2022, the total amount of $12,320 is presented under the caption “Deposits for vessels acquisitions” in the condensed Consolidated Balance Sheets.

In November 2021, Navios Partners agreed to purchase four 5,300 TEU newbuilding containerships (two plus two optional), from an unrelated third party, for a purchase price of $62,825 each. The vessels are expected to be delivered into Navios Partners’ fleet during the second half of 2023 and in 2024. Navios Partners agreed to pay in total $25,130 in four installments for each vessel and the remaining amount of $37,695 plus extras for each vessel will be paid upon delivery of the vessel. In the first quarter of 2022, the aggregate amount of $12,565 in relation to the first installment for two vessels, was paid. In the second quarter of 2022, the aggregate amount of $18,848 in relation to the first installment for two vessels and the second installment of one vessel, was paid. As of June 30, 2022, the total amount of $31,413 is presented under the caption “Deposits for vessels acquisitions” in the condensed Consolidated Balance Sheets.

Pursuant to a novation agreement dated January 28, 2022, the Company agreed to novate the shipbuilding contract and to simultaneously enter into a bareboat charter agreement to bareboat charter-in a newbuilding Panamax vessel, under a ten-year bareboat contract, from an unrelated third party. The vessel has approximately 81,000 dwt and is expected to be delivered in Navios Partners’ fleet during the first half of 2023. Navios Partners agreed to pay in total $6,860, of which $3,430 was paid in July 2021 and the remaining amount of $3,430 was paid in April 2022. In January 2022, Navios Partners declared its option to purchase the vessel. As of June 30, 2022, the total amount of $6,860 is presented under the caption “Deposits for vessels acquisitions” in the condensed Consolidated Balance Sheets.

In April 2022, Navios Partners agreed to purchase four 115,000 dwt Aframax/LR2 newbuilding vessels for a purchase price of $58,500 each (plus $4,158 in additional features). The vessels are expected to be delivered into Navios Partners’ fleet during 2024 and the first quarter of 2025. Navios Partners agreed to pay in total $23,400 in four installments for each vessel and the remaining amount of $35,100 plus extras for each vessel will be paid upon delivery of each vessel.

In June 2022, Navios Partners agreed to purchase two newbuilding liquified natural gas (LNG) dual fuel 7,700 TEU containerships, from an unrelated third party, for a purchase price of $120,610 each. The vessels are expected to be delivered into Navios Partners’ fleet during the second half of 2024. Navios Partners agreed to pay in total $48,244 in four installments for each vessel and the remaining amount of $72,366 for each vessel will be paid upon delivery of the vessel. The closing of the transaction is subject to completion of customary documentation, including the issuance of refund guarantees.

Upon acquisition of the majority of outstanding stock of Navios Acquisition, Navios Partners assumed the following commitments:

In September 2018, Navios Acquisition agreed to a 12-year bareboat charter-in agreement with de-escalating purchase options for Baghdad and Erbil, two newbuilding Japanese VLCCs of 313,433 dwt and 313,486 dwt, respectively. On October 28, 2020, Navios Acquisition took delivery of the Baghdad. The average daily rate under bareboat charter-in agreement of Baghdad amounts to $21. On February 17, 2021, Navios Acquisition took delivery of the Erbil. The average daily rate under bareboat charter-in agreement of Erbil amounts to $21. As of June 30, 2022, the total amount of $2,642 is presented under the caption “Other long-term assets” in the condensed Consolidated Balance Sheets.

In the first quarter of 2019, Navios Acquisition exercised its option to a 12-year bareboat charter-in agreement with de-escalating purchase options for Nave Electron, a newbuilding Japanese VLCC of 313,239 dwt. On August 30, 2021, Navios Partners took delivery of the Nave Electron. The average daily rate under bareboat charter-in agreement of the Nave Electron amounts to $21. As of June 30, 2022, the total amount of $1,900 is presented under the caption “Other long-term assets” in the condensed Consolidated Balance Sheets.

In the second quarter of 2020, Navios Acquisition exercised its option for Nave Celeste, a newbuilding Japanese VLCC of 313,418 dwt under a 12-year bareboat charter agreement with de-escalating purchase options. On July 5, 2022, Navios Partners took delivery of the Nave Celeste. The average daily rate under this bareboat charter-in agreement will amount to $21. As of June 30, 2022, the total amount of $294 is presented under the caption “Other long-term assets” in the condensed Consolidated Balance Sheets.

As of June 30, 2022, the Company’s future minimum lease commitments under the Company’s charter-in contracts, are as follows:

Period ending June 30,		Amount
2023		53,366
2024		64,200
2025		63,725
2026		63,509
2027		62,925
2028 and thereafter		418,545
Total	$	726,270

Transactions with related parties and affiliates

6 Months Ended

Jun. 30, 2022

Transactions with related parties and affiliates

NOTE 13 – TRANSACTIONS WITH RELATED PARTIES AND AFFILIATES

Vessel operating expenses: In August 2019, Navios Partners extended the duration of its management agreement (“Management Agreement”) with the Manager until January 1, 2025, with an automatic renewal for an additional five years, unless earlier terminated by either party. Vessel operating expenses were fixed for two years commencing from January 1, 2020 at: (a) $4.35 daily rate per Ultra-Handymax Vessel; (b) $4.45 daily rate per Panamax Vessel; (c) $5.41 daily rate per Capesize Vessel; and (d) $6.90 daily rate per Containership of TEU 6,800. In December 2019, the Management Agreement was further amended to include from January 1, 2020, a $6.1 daily rate per Sub-Panamax/Panamax Containership.

Following the completion of the NMCI Merger, the fleet of Navios Containers is included in Navios Partners’ owned fleet and continued to be operated by the Manager (see Note 3 – Acquisition of Navios Containers and Navios Acquisition). As per the terms of the Navios Containers’ management agreement with the Manager (the “NMCI Management Agreement”), vessel operating expenses were fixed for two years commencing from January 1, 2020 at: (a) $6.22 daily rate per Containership of TEU 3,000 up to 4,999; (b) $7.78 daily rate per Containership of TEU 8,000 up to 9,999; and (c) $8.27 daily rate per Containership of TEU 10,000 up to 11,999.

Upon acquisition of the majority of outstanding stock of Navios Acquisition, the fleet of Navios Acquisition is included in Navios Partners’ owned fleet and continued to be operated by Tankers Manager (see Note 3 – Acquisition of Navios Containers and Navios Acquisition). As per the terms of Navios Acquisition’s management agreement with Tankers Manager (the “NNA Management Agreement” and together with the Management Agreement and the NMCI Management Agreement, the “Management Agreements”), vessel operating expenses were fixed for two years commencing from January 1, 2020 at: (a) $6.83 per day per MR2 and MR1 product tanker and chemical tanker vessel; (b) $7.23 per day per LR1 product tanker vessel; and (c) $9.65 per day per VLCC.

The Management Agreements also provide for a technical and commercial management fee of $0.05 per day per vessel, an annual increase of 3% after January 1, 2022 for the remaining period unless agreed otherwise.

Following completion of the Mergers, the Managers provided commercial and technical management services to Navios Partners’ vessels until December 31, 2021 for a daily fee of: (a) $4.35 per Ultra-Handymax Vessel; (b) $4.45 per Panamax Vessel; (c) $5.41 per Capesize Vessel; (d) $6.1 per Containership of TEU 1,300 up to 3,400; (e) $6.22 per Containership of TEU 3,450 up to 4,999; (f) $6.9 per Containership of TEU 6,800; (g) $7.78 per Containership of TEU 8,000 up to 9,999; (h) $8.27 per Containership of TEU 10,000 up to 11,999; (i) $6.83 per MR2 and MR1 product tanker and chemical tanker vessel; (j) $7.23 per LR1 product tanker vessel; and (k) $9.65 per VLCC. Commencing from January 1, 2022 vessel operating expenses are fixed for one year for a daily fee of: (a) $4.48 per Ultra-Handymax Vessel; (b) $4.58 per Panamax Vessel; (c) $5.57 per Capesize Vessel; (d) $6.28 per Containership of TEU 1,300 up to 3,400; (e) $6.40 per Containership of TEU 3,450 up to 4,999; (f) $7.11 per Containership of TEU 6,800; (g) $8.01 per Containership of TEU 8,000 up to 9,999; (h) $8.52 per Containership of TEU 10,000 up to 11,999; (i) $7.03 per MR2 and MR1 product tanker and chemical tanker vessel; (j) $7.44 per LR1 product tanker vessel; and (k) $9.94 per VLCC.

Pursuant to the acquisition of the 36-vessel drybulk fleet, which includes charter-in vessels, Navios Partners and the Manager, on July 25, 2022, amended the Management Agreement to include a technical and commercial management fee of $0.025 per charter-in vessel per day.

The Management Agreements also provide for payment of a termination fee, equal to the fees charged for the full calendar year (for Navios Partners, Navios Containers and Navios Acquisition) preceding the termination date in the event the agreements are terminated on or before December 31, 2024.

Drydocking expenses are reimbursed at cost for all vessels.

During the three and six month periods ended June 30, 2022 certain extraordinary fees and costs related to vessels’ regulatory requirements, including ballast water treatment system installation and exhaust gas cleaning system installation under Company’s Management Agreement, amounted to $3,628 and $6,274, respectively, and are presented under the caption “Acquisition of/ additions to vessels, net of cash acquired” in the condensed Consolidated Statements of Cash Flows.

During the three and six month periods ended June 30, 2021 certain extraordinary fees and costs related to vessels’ regulatory requirements, including ballast water treatment system installation and exhaust gas cleaning system installation under Company’s Management Agreement, amounted to $1,398 and $4,865, respectively, and are presented under the caption “Acquisition of/ additions to vessels, net of cash acquired” in the condensed Consolidated Statements of Cash Flows. During the three and six month periods ended June 30, 2022, certain extraordinary fees and costs related to COVID-19 measures, including crew related expenses, amounted to $2,342 and $5,297, respectively, and are presented under the caption of “Direct vessel expenses” in the condensed Consolidated Statements of Operations.

Total vessel operating expenses for the three and six month periods ended June 30, 2022 amounted to $73,989 and $147,161, respectively. Total vessel operating expenses for the three and six month periods ended June 30, 2021 amounted to $41,771 and $64,733, respectively.

General and administrative expenses: Pursuant to the administrative services agreement (the “Administrative Services Agreement”), the Manager also provides administrative services to Navios Partners, which include bookkeeping, audit and accounting services, legal and insurance services, administrative and clerical services, banking and financial services, advisory services, client and investor relations and other. Under the Administrative Services Agreement, which provide for allocable general and administrative costs, the Manager is reimbursed for reasonable costs and expenses incurred in connection with the provision of these services. In August 2019, Navios Partners extended the duration of its existing Administrative Services Agreement with the Manager until January 1, 2025, to be automatically renewed for another five years. The agreement also provides for payment of a termination fee, equal to the fees charged for the full calendar year preceding the termination date in the event the Administrative Services Agreement is terminated on or before December 31, 2024.

Total general and administrative expenses charged by the Manager for the three and six month periods ended June 30, 2022 amounted to $10,318 and $20,523, respectively. Total general and administrative expenses charged by the Manager for the three and six month periods ended June 30, 2021 amounted to $6,113 and $9,798, respectively.

Balance due from/ (to) related parties: Balance due from related parties (both short and long term) as of June 30, 2022 and December 31, 2021 amounted to $51,024 and $35,245, respectively, of which the current receivable was $14,722 and $0, respectively, and the long-term receivable was $36,302, and $35,245, respectively. Balance due to related parties, short-term as of June 30, 2022 and December 31, 2021 amounted to $0 and $64,204, respectively, and mainly consisted of payables to the Managers. The balances mainly consisted of administrative fees, drydocking, extraordinary fees and costs related to regulatory requirements including ballast water treatment system, other expenses, as well as fixed vessel operating expenses, in accordance with the Management Agreements.

General partner: Olympos Maritime Ltd., an entity affiliated to our Chairwoman and Chief Executive Officer, Angeliki Frangou, is the holder of Navios Partners’ general partner interest.

Acquisition of vessels:

2021

Following the completion of the NMCI Merger on March 31, 2021, the 29-vessel fleet of Navios Containers was included in Navios Partners’ owned fleet.

On March 30, 2021, Navios Partners acquired the Navios Avior, a 2012-built Panamax vessel of 81,355 dwt, and the Navios Centaurus, a 2012-built Panamax vessel of 81,472 dwt, from Navios Holdings, for an acquisition cost of $39,320 (including $70 capitalized expenses), including working capital balances of $(5,766).

Navios Acquisition Credit Facility: On August 24, 2021, Navios Partners and Navios Acquisition entered into a loan agreement under which Navios Partners agreed to make available to Navios Acquisition a working capital facility of up to $45,000. The full amount of the facility was drawn. The facility bore interest at the rate of 11.50% per annum. As of each of June 30, 2022 and December 31, 2021, the outstanding balance of $45,000 was eliminated upon consolidation. The full amounts borrowed, including accrued interest, were repaid in August 2022.

Loan payable to affiliated company: On March 19, 2021, Navios Acquisition entered into a secured loan agreement with a subsidiary of N Shipmanagement Acquisition Corp. (“NSM”), an entity affiliated with Navios Acquisition’s Chairwoman and Chief Executive Officer, for a loan of up to $100,000 to be used for general corporate purposes (the “NSM Loan Agreement”). The loan would be repayable in two years and bore interest at a rate of 11% per annum, payable quarterly.

In August 2021, Navios Acquisition entered into a supplemental agreement (the “Supplemental Loan Agreement”) to amend the NSM Loan Agreement. The Supplemental Loan Agreement provided for: (i) the issuance of 8,823,529 newly-issued shares of common stock of Navios Acquisition in settlement of $30,000 of the outstanding balance of the NSM Loan Agreement and (ii) the repayment of $35,000 of the outstanding balance of the NSM Loan Agreement in cash as of the date of the Supplemental Loan Agreement and the repayment in cash on January 7, 2022 of the remainder of the outstanding balance of the NSM Loan Agreement, of approximately $33,112.

On December 23, 2021, the outstanding amount of $33,112 was repaid. As of June 30, 2022, there was no outstanding balance of the NSM Loan Agreement. Upon completion of the NNA Merger, the newly-issued shares of common stock of Navios Acquisition were converted into common units of Navios Partners on the same terms applicable to other outstanding shares of common stock of Navios Acquisition.

Cash distributions and earnings per unit

6 Months Ended

Jun. 30, 2022

Cash Distributions And Earnings Per Unit

Cash distributions and earnings per unit

NOTE 14 – CASH DISTRIBUTIONS AND EARNINGS PER UNIT

The amount of distributions paid by Navios Partners and the decision to make any distribution is determined by the Company’s board of directors and will depend on, among other things, Navios Partners’ cash requirements as measured by market opportunities and restrictions under its credit agreements and other debt obligations and such other factors as the Board of Directors may deem advisable. There is no guarantee that the Company will pay the quarterly distribution on the common units in any quarter. The Company is prohibited from making any distributions to unitholders if it would cause an event of default, or an event of default exists, under its existing credit facilities.

There are incentive distribution rights held by Navios GP L.L.C., which are analyzed as follows:

		Marginal Percentage Interest in Distributions
	Total Quarterly Distribution Target Amount	Common Unitholders	Incentive Distribution Right Holder	General Partner
Minimum Quarterly Distribution	up to $5.25	98%	—	2%
First Target Distribution	up to $6.0375	98%	—	2%
Second Target Distribution	above $ 6.0375 up to $6.5625	85%	13%	2%
Third Target Distribution	above $6.5625 up to $7.875	75%	23%	2%
Thereafter	above $7.875	50%	48%	2%

The first 98% of the quarterly distribution is paid to all common unitholders. The incentive distributions rights (held by Navios GP L.L.C.) apply only after a minimum quarterly distribution of $6.0375 per unit.

In January 2021, the Board of Directors of Navios Partners authorized its quarterly cash distribution for the three month period ended December 31, 2020 of $0.05 per unit. The distribution was paid on February 12, 2021 to all unitholders of common units and general partner units of record as of February 9, 2021. The aggregate amount of the declared distribution was $579.

In April 2021, the Board of Directors of Navios Partners authorized its quarterly cash distribution for the three month period ended March 31, 2021 of $0.05 per unit. The distribution was paid on May 14, 2021 to all unitholders of common units and general partner units of record as of May 11, 2021. The aggregate amount of the declared distribution was $1,127.

In July 2021, the Board of Directors of Navios Partners authorized its quarterly cash distribution for the three month period ended June 30, 2021 of $0.05 per unit. The distribution was paid on August 12, 2021 to all unitholders of common units and general partner units of record as of August 9, 2021. The aggregate amount of the declared distribution was $1,384.

In January 2022, the Board of Directors of Navios Partners authorized its quarterly cash distribution for the three month period ended December 31, 2021 of $0.05 per unit. The distribution was paid on February 11, 2022 to all unitholders of common units and general partner units of record as of February 9, 2022. The aggregate amount of the declared distribution was $1,541.

In April 2022, the Board of Directors of Navios Partners authorized its quarterly cash distribution for the three month period ended March 31, 2022 of $0.05 per unit. The distribution was paid on May 12, 2022 to all unitholders of common units and general partner units of record as of May 9, 2022. The aggregate amount of the declared distribution was $1,541.

In July 2022, the Board of Directors of Navios Partners authorized its quarterly cash distribution for the three month period ended June 30, 2022 of $0.05 per unit. The distribution was paid on August 12, 2022 to all unitholders of common units and general partner units of record as of August 9, 2022. The aggregate amount of the declared distribution was $1,541.

Navios Partners calculates earnings per unit by allocating reported net income for each period to each class of units based on the distribution waterfall for available cash specified in Navios Partners’ partnership agreement, net of the unallocated earnings (or losses). Basic earnings per common unit is determined by dividing net income by the weighted average number of common units outstanding during the period. Diluted earnings per unit is calculated in the same manner as basic earnings per unit, except that the weighted average number of outstanding units increased to include the dilutive effect of outstanding unit options or phantom units. Net loss per unit undistributed is determined by taking the distributions in excess of net income and allocating between common units and general partner units on a 98%-2% basis. There were no options or phantom units outstanding during each of the six month periods ended June 30, 2022 and 2021.

The calculations of the basic and diluted earnings per unit are presented below.


	Three Month Period Ended				Six Month Period Ended
	June 30, 2022		June 30, 2021		June 30, 2022		June 30, 2021
Net income	$	118,160	$	99,913	$	203,825	$	236,592
Income attributable to:
Common unitholders	$	115,797	$	97,914	$	199,749	$	231,860
Weighted average units outstanding basic
Common unitholders		30,154,171		22,653,219		30,154,171		17,041,426
Earnings per unit basic:
Common unitholders	$	3.84	$	4.32	$	6.62	$	13.61
Weighted average units outstanding diluted
Common unitholders		30,197,087		22,739,569		30,197,087		17,127,776
Earnings per unit diluted:
Common unitholders	$	3.83	$	4.31	$	6.61	$	13.54
Earnings per unit distributed basic:
Common unit holders	$	0.05	$	0.05	$	0.10	$	0.10
Earnings per unit distributed diluted:
Common unitholders	$	0.05	$	0.05	$	0.10	$	0.10

Potential common units of 42,916 and 86,350 for the six month periods ended June 30, 2022 and 2021, respectively, are included in the calculation of diluted earnings per unit.

Leases

6 Months Ended

Jun. 30, 2022

Leases

Leases

NOTE 15 – LEASES Leases

Time charter out contracts and pooling arrangements

The Company’s contract revenues from time chartering, bareboat chartering and pooling arrangements are governed by ASC 842.

Bareboat charter-in contracts

On July 24, 2019, Navios Partners took delivery of the Navios Libra, a 2019-built Panamax vessel of 82,011 dwt, for a ten-year bareboat charter-in agreement. The bareboat charter-in provides for purchase options with de-escalating purchase prices starting on the end of the fourth year and an average daily rate of $6. The Company has performed an assessment considering the lease classification criteria under ASC 842 and concluded that the arrangement is an operating lease. Consequently, the Company has recognized an operating lease liability based on the net present value of the remaining charter-in payments and an operating lease right-of-use asset at an amount equal to the operating liability adjusted for the carrying amount of the straight-line liability.

On May 28, 2021 and June 10, 2021, Navios Partners took delivery of the Navios Amitie and the Navios Star, two 2021-built Panamax vessels of 82,002 dwt and 81,994 dwt, respectively. The bareboat charter-in provides for purchase options with de-escalating purchase prices starting on the end of the fourth year and an average daily rate of $5.9. The Company has performed assessments considering the lease classification criteria under ASC 842 and concluded that the arrangements are operating leases. Consequently, the Company has recognized an operating lease liability based on the net present value of the remaining charter-in payments and a right-of-use asset at an amount equal to the operating liability adjusted for the carrying amount of the straight-line liability.

Upon acquisition of the majority of outstanding stock of Navios Acquisition, Navios Partners took delivery of two 12-year bareboat charter-in vessels, with de-escalating purchase options, the Baghdad, a 2020-built Japanese VLCC of 313,433 dwt and the Erbil, a 2021-built Japanese VLCC of 313,486 dwt. The average daily rate under bareboat charter-in agreement each of Baghdad and Erbil, amounts to $21. The Company has performed an assessment considering the lease classification criteria under ASC 842 and concluded that the arrangement is an operating lease. Consequently, the Company has recognized an operating lease liability based on the net present value of the remaining charter-in payments and a right-of-use asset at an amount equal to the operating liability adjusted for the carrying amount of the straight-line liability.

On August 30, 2021, Navios Partners took delivery of the Nave Electron, a 2021-built VLCC vessel of 313,329 dwt. The bareboat charter-in provides for purchase options with de-escalating purchase prices starting on the end of the fourth year and an average daily rate of $21. The Company has performed assessments considering the lease classification criteria under ASC 842 and concluded that the arrangements are operating leases. The Company has recognized an operating lease liability based on the net present value of the remaining charter-in payments and a right-of-use asset at an amount equal to the operating liability adjusted for the carrying amount of the straight-line liability.

Based on management estimates and market conditions, the lease term of the leases is being assessed at each balance sheet date. At lease commencement, the Company determines a discount rate to calculate the present value of the lease payments so that it can determine lease classification and measure the lease liability. In determining the discount rate to be used at lease commencement, the Company used its incremental borrowing rate as there was no implicit rate included in charter-in contracts that can be readily determinable. The incremental borrowing rate is the rate that reflects the interest a lessee would have to pay to borrow funds on a collateralized basis over a similar term and in a similar economic environment. The Company then applies the respective incremental borrowing rate based on the remaining lease term of the specific lease. Navios Partners’ incremental borrowing rates were approximately 7% for the Navios Libra, 5% for the Navios Amitie and the Navios Star, 6% for Baghdad and Erbil and 4% for the Nave Electron.

As of June 30, 2022 and December 31, 2021, the unamortized balance of the lease liability amounted $234,867 and $243,804, respectively, and is presented under the captions “Operating lease liabilities, current portion” and “Operating lease liabilities, net, non-current portion” in the condensed Consolidated Balance Sheets. Right of use assets amounted $235,822 and $244,337 as at June 30, 2022 and December 31, 2021, respectively, and are presented under the caption “Operating lease assets” in the condensed Consolidated Balance Sheets.

The Company recognizes the lease payments for its operating leases as charter hire expenses on a straight-line basis over the lease term. Lease expense for the three and six month periods ended June 30, 2022 amounted to $7,702, and $15,319, respectively. Lease expense for the three and six month periods ended June 30, 2021 amounted to $841 and $1,354, respectively. Lease expense is included under the caption “Time charter and voyage expenses” in the condensed Consolidated Statements of Operations.

For the three and six month periods ended June 30, 2022, the sublease income (net of commissions, if any) for vessels where the Company is a lessee amounted to $18,117 and $34,299, respectively. For the three and six month periods ended June 30, 2021, the sublease income (net of commissions, if any) for vessels where the Company is a lessee amounted to $3,917 and $4,889, respectively. Sublease income is included in the condensed Consolidated Statements of Operations under the caption “Time charter and voyage revenues”.

The table below provides the total amount of lease payments on an undiscounted basis on the Company’s chartered-in contracts as of June 30, 2022:

Leases

Period ending June 30,		Amount
2023	$	30,558
2024		30,615
2025		30,356
2026		30,368
2027 and thereafter		181,207
Total	$	303,104
Operating lease liabilities, including current portion	$	234,867
Discount based on incremental borrowing rate	$	68,237

Bareboat charter-out contract

Subsequently to the charter-in agreement, the Company entered into bareboat charter-out agreements for a firm charter period of 10-years for the vessels Baghdad and Erbil. The agreement includes an optional period of five years. The Company performed also an assessment of the lease classification under the ASC 842 and concluded that the arrangements are operating leases.

The Company recognizes in relation to the operating leases for the charter-out agreements the charter-out hire income in the condensed Consolidated Statements of Operations on a straight-line basis. For the three and six month periods ended June 30, 2022, the charter hire income (net of commissions, if any) amounted to $5,247 and $10,432, respectively and it is included in the condensed Consolidated Statements of Operations under the caption “Time charter and voyage revenues”.

Prepaid expenses and other current assets

6 Months Ended

Jun. 30, 2022

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepaid expenses and other current assets

NOTE 16 – PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets consist of the following:

		June 30, 2022		December 31, 2021
Prepaid voyage costs	$	4,353	$	2,829
Inventories		26,408		21,072
Claims receivable		26,459		5,568
Other		4,368		3,651
Total prepaid expenses and other current assets	$	61,588	$	33,120

Claims receivable mainly represent claims against vessels' insurance underwriters in respect of damages arising from accidents or other insured risks, as well as claims under charter contracts.

Subsequent events

6 Months Ended

Jun. 30, 2022

Subsequent Events [Abstract]

Subsequent events

NOTE 17 – SUBSEQUENT EVENTS Subsequent events

In July 2022, Navios Partners agreed to enter into a new credit facility with a commercial bank for a total amount of up to $86,240 in order to finance the acquisition of two newbuilding 5,300 TEU containerships. The credit facility will mature seven years after the drawdown and will bear interest at SOFR plus 200 bps per annum. The facility remains subject to completion of definitive documentation and is expected to close in the third quarter of 2022.

On July 26, 2022, Navios Partners agreed to acquire a 36-vessel drybulk fleet for a gross purchase price of $835,000, including the assumption of $441,641 of bank liabilities, bareboat obligations and finance leasing obligations, subject to debt and working capital adjustments, from Navios Holdings. The fleet consists of 26 owned vessels and 10 chartered-in vessels (all with purchase options). On July 29, 2022, 15 of the 36 vessels were delivered to Navios Partners. On September 8, 2022, the remaining 21 vessels were delivered to Navios Partners.

In July 2022, the Board of Directors of Navios Partners authorized a common unit repurchase program for up to $100,000 of the Company’s common units. Common unit repurchases will be made from time to time for cash in open market transactions at prevailing market prices or in privately negotiated transactions. The timing and amount of repurchases under the program will be determined by Navios Partners’ management based upon market conditions and financial and other considerations, including working capital and planned or anticipated growth opportunities. The program does not require any minimum repurchase or any specific number of common units and may be suspended or reinstated at any time in the Company’s discretion and without notice. The Board of Directors will review the program periodically.

In September 2022, Navios Partners entered into a new credit facility with a commercial bank for a total amount up to $210,000 in order to refinance indebtness secured on 15 drybulk vessels and five containerships. The credit facility matures in the second quarter of 2025 and bears interest at SOFR plus 250 bps per annum.

On September 6, 2022, Navios Partners agreed to sell the Navios Camelia, a 2009-built Panamax vessel of 75,162 dwt to an unrelated third party for a sale price of $15,000. The sale is expected to be completed during the fourth quarter of 2022.

Summary of Significant Accounting Policies (Policies)

6 Months Ended

Jun. 30, 2022

Accounting Policies [Abstract]

Basis of presentation

Principles of consolidation

The accompanying interim condensed consolidated financial statements include the following entities:


Company name	Vessel name	Country of incorporation	2022	2021
Libra Shipping Enterprises Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Alegria Shipping Corporation	Navios Alegria	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Felicity Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Gemini Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Galaxy Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Aurora Shipping Enterprises Ltd.	Navios Hope	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Palermo Shipping S.A	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Fantastiks Shipping Corporation⁽¹²⁾	Navios Fantastiks	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Sagittarius Shipping Corporation⁽¹²⁾	Navios Sagittarius	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Hyperion Enterprises Inc.	Navios Hyperion	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Chilali Corp.	Navios Aurora II	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Surf Maritime Co.	Navios Pollux	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Pandora Marine Inc.	Navios Melodia	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Customized Development S.A.	Navios Fulvia	Liberia	1/01 – 6/30	1/01 – 6/30
Kohylia Shipmanagement S.A.	Navios Luz	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Orbiter Shipping Corp.	Navios Orbiter	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Floral Marine Ltd.	Navios Buena Ventura	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Golem Navigation Limited⁽¹³⁾	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Kymata Shipping Co.	Navios Helios	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Joy Shipping Corporation	Navios Joy	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Micaela Shipping Corporation	Navios Harmony	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Pearl Shipping Corporation	Navios Sun	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Velvet Shipping Corporation	Navios La Paix	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Perigiali Navigation Limited⁽¹²⁾	Navios Beaufiks	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Finian Navigation Co.⁽¹²⁾	Navios Ace	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Ammos Shipping Corp.	Navios Prosperity I	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Wave Shipping Corp.	Navios Libertas	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Casual Shipholding Co.⁽¹²⁾	Navios Sol	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Avery Shipping Company	Navios Symphony	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Coasters Ventures Ltd.	Navios Christine B	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Ianthe Maritime S.A.	Navios Aster	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Rubina Shipping Corporation	Hyundai Hongkong	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Topaz Shipping Corporation	Hyundai Singapore	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Beryl Shipping Corporation	Hyundai Tokyo	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Cheryl Shipping Corporation	Hyundai Shanghai	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Christal Shipping Corporation	Hyundai Busan	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Fairy Shipping Corporation ⁽⁵⁾	Navios Utmost	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Limestone Shipping Corporation ⁽²⁸⁾	Navios Unite	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Dune Shipping Corp.	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Citrine Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Cavalli Navigation Inc.	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Seymour Trading Limited⁽²⁾	Navios Altair I	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Goldie Services Company	Navios Symmetry	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Andromeda Shiptrade Limited	Navios Apollon I	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Esmeralda Shipping Corporation	Navios Sphera	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Triangle Shipping Corporation	Navios Mars	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Oceanus Shipping Corporation⁽¹⁹⁾	Castor N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Cronus Shipping Corporation	Protostar N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Leto Shipping Corporation⁽¹⁷⁾	Esperanza N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Dionysus Shipping Corporation⁽⁴⁾	Harmony N	Marshall Is.	1/01 – 6/30	1/01 – 6/30


Prometheus Shipping Corporation⁽¹⁸⁾	Solar N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Camelia Shipping Inc.⁽³¹⁾	Navios Camelia	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Anthos Shipping Inc.	Navios Anthos	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Azalea Shipping Inc.⁽¹⁾	Navios Azalea	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Amaryllis Shipping Inc.	Navios Amaryllis	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Zaffre Shipping Corporation⁽¹⁴⁾	Serenitas N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Wenge Shipping Corporation^(14),(20)	Joie N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Sunstone Shipping Corporation⁽¹⁴⁾	Copernicus N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Fandango Shipping Corporation⁽¹⁴⁾	Unity N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Flavescent Shipping Corporation⁽¹⁴⁾	Odysseus N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Emery Shipping Corporation⁽¹⁵⁾	Navios Gem	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Rondine Management Corp.⁽¹⁵⁾	Navios Victory	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Prosperity Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Aldebaran Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
JTC Shipping and Trading Ltd.⁽¹¹⁾	Holding Company	Malta	1/01 – 6/30	1/01 – 6/30
Navios Maritime Partners L.P.	N/A	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Navios Maritime Operating LLC.	N/A	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Navios Partners Finance (US) Inc.	Co-Borrower	Delaware	1/01 – 6/30	1/01 – 6/30
Navios Partners Europe Finance Inc.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Solange Shipping Ltd.⁽¹⁶⁾	Navios Avior	Marshall Is.	1/01 – 6/30	3/30 – 6/30
Mandora Shipping Ltd.⁽¹⁶⁾	Navios Centaurus	Marshall Is.	1/01 – 6/30	3/30 – 6/30
Olympia II Navigation Limited	Navios Domino	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Pingel Navigation Limited	Navios Delight	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Ebba Navigation Limited	Navios Destiny	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Clan Navigation Limited	Navios Devotion	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Sui An Navigation Limited⁽²³⁾	Navios Dedication	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Bertyl Ventures Co.	Navios Azure	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Silvanus Marine Company	Navios Summer	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Anthimar Marine Inc.	Navios Amarillo	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Enplo Shipping Limited	Navios Verde	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Morven Chartering Inc.	Matson Oahu	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Rodman Maritime Corp.	Navios Spring	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Isolde Shipping Inc.	Navios Indigo	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Velour Management Corp.	Navios Vermilion	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Evian Shiptrade Ltd.	Matson Lanai	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Theros Ventures Limited	Navios Lapis	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Legato Shipholding Inc.	Navios Tempo	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Inastros Maritime Corp.	Navios Chrysalis	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Zoner Shiptrade S.A.	Navios Dorado	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Jasmer Shipholding Ltd.	Navios Nerine	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Thetida Marine Co.	Navios Magnolia	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Jaspero Shiptrade S.A.	Navios Jasmine	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Peran Maritime Inc.	Zim Baltimore(ex Navios Felicitas)	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Nefeli Navigation S.A.	Navios Unison	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Crayon Shipping Ltd	Navios Miami	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Chernava Marine Corp.	Bahamas	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Proteus Shiptrade S.A	Zim Carmel	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Vythos Marine Corp.	Navios Constellation	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Navios Maritime Containers Sub L.P.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Navios Partners Containers Finance Inc.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Boheme Navigation Company	Sub-Holding Company	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Navios Partners Containers Inc.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Iliada Shipping S.A.	Operating Company	Marshall Is.	1/01 – 6/30	3/31 – 6/30


Skopelos Shipping Corporation	Nave Ariadne	Cayman Islands	1/01 – 6/30	—
Skyros Shipping Corporation	Nave Sextans	Marshall Is.	1/01 – 6/30	—
Syros Shipping Corporation	Nave Alderamin	Marshall Is.	1/01 – 6/30	—
Thera Shipping Corporation	Nave Atropos	Marshall Is.	1/01 – 6/30	—
Tilos Shipping Corporation	Nave Spherical	Marshall Is.	1/01 – 6/30	—
Tinos Shipping Corporation	Nave Rigel	Marshall Is.	1/01 – 6/30	—
Zakynthos Shipping Corporation	Nave Quasar	Marshall Is.	1/01 – 6/30	—
Cyrus Investments Corp.	Baghdad	Marshall Is.	1/01 – 6/30	—
Olivia Enterprises Corp.	Erbil	Marshall Is.	1/01 – 6/30	—
Limnos Shipping Corporation	Nave Pyxis	Marshall Is.	1/01 – 6/30	—
Thasos Shipping Corporation	Nave Equinox	Marshall Is.	1/01 – 6/30	—
Agistri Shipping Limited	Operating Subsidiary	Malta	1/01 – 6/30	—
Paxos Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Donoussa Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Schinousa Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Alonnisos Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Makronisos Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Shinyo Loyalty Limited	Former Vessel-Owning Company	Hong Kong	1/01 – 6/30	—
Shinyo Navigator Limited	Former Vessel-Owning Company	Hong Kong	1/01 – 6/30	—
Amindra Navigation Co.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	—
Navios Maritime Midstream Partners L.P.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	—
Navios Maritime Midstream Operating LLC	Sub-Holding Company	Marshall Is.	1/01 – 6/30	—
Shinyo Dream Limited	Former Vessel-Owning Company	Hong Kong	1/01 – 6/30	—
Shinyo Kannika Limited	Former Vessel-Owning Company	Hong Kong	1/01 – 6/30	—
Shinyo Kieran Limited	Nave Universe	British Virgin Islands	1/01 – 6/30	—
Shinyo Ocean Limited	Former Vessel-Owning Company	Hong Kong	1/01 – 6/30	—
Shinyo Saowalak Limited	Nave Constellation	British Virgin Islands	1/01 – 6/30	—
Sikinos Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Kerkyra Shipping Corporation	Nave Galactic	Marshall Is.	1/01 – 6/30	—
Doxa International Corp.	Nave Electron	Marshall Is.	1/01 – 6/30	—
Alkmene Shipping Corporation	Star N	Marshall Is.	1/01 – 6/30	—
Aphrodite Shipping Corporation	Aurora N	Marshall Is.	1/01 – 6/30	—
Dione Shipping Corporation	Lumen N	Marshall Is.	1/01 – 6/30	—
Persephone Shipping Corporation	Hector N	Marshall Is.	1/01 – 6/30	—
Rhea Shipping Corporation	Perseus N	Marshall Is.	1/01 – 6/30	—
Tzia Shipping Corporation ⁽³⁰⁾	Nave Celeste	Marshall Is.	1/01 – 6/30	—
Boysenberry Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Cadmium Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Celadon Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Cerulean Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Kleio Shipping Corporation ⁽⁶⁾	TBN XI	Marshall Is.	1/01 – 6/30	—
Polymnia Shipping Corporation ⁽⁶⁾	TBN XII	Marshall Is.	1/01 – 6/30	—
Goddess Shiptrade Inc. ⁽²¹⁾	Navios Astra	Marshall Is.	1/01 – 6/30	—
Navios Acquisition Merger Sub.Inc.	Merger SPV	Marshall Is.	1/01 – 6/30	—


Aramis Navigation Inc.⁽³⁾	Navios Azimuth	Marshall Is.	1/01 – 6/30	—
Thalia Shipping Corporation ⁽⁶⁾	TBN XV	Marshall Is.	1/01 – 6/30	—
Muses Shipping Corporation ⁽⁶⁾	TBN XVI	Marshall Is.	1/01 – 6/30	—
Euterpe Shipping Corporation ⁽⁸⁾	TBN XIV	Marshall Is.	1/01 – 6/30	—
Calliope Shipping Corporation ⁽⁶⁾	TBN XIII	Marshall Is.	1/01 – 6/30	—
Karpathos Shipping Corporation ⁽⁶⁾	TBN XXI	Marshall Is.	6/22 – 6/30	—
Patmos Shipping Corporation ⁽⁶⁾	TBN XXII	Marshall Is.	6/22 – 6/30	—
Tarak Shipping Corporation ⁽⁶⁾	TBN XVIII	Marshall Is.	4/26 – 6/30	—
Astrovalos Shipping Corporation ⁽⁸⁾	TBN XVII	Marshall Is.	4/26 – 6/30	—
Ithaki Shipping Corporation ⁽²⁷⁾	TBN XX	Marshall Is.	4/26 – 6/30	—
Gavdos Shipping Corporation ⁽⁶⁾	TBN XIX	Marshall Is.	4/26 – 6/30	—

(1)

The vessel was sold on August 13, 2021.

(2)

The vessel was sold on October 29, 2021.

(3)

The vessel was acquired on July 9, 2021.

(4)

The vessel was sold on August 16, 2021.

(5)

The vessel was sold in September 2022.

(6)

Expected to be delivered by the second half of 2024.

(7)

The vessel was acquired on June 30, 2021 (see Note 5 – Vessels, net).

(8)

Expected to be delivered by the first half of 2024.

(9)

The vessel was delivered on July 24, 2019 (see Note 15 – Leases).

(10)

The vessels were delivered on May 28, 2021 and June 10, 2021 (see Note 15 – Leases).

(11)

Not a vessel-owning subsidiary and only holds right to charter-in contracts.

(12)

Vessels under the sale and leaseback transaction.

(13)

The vessel was sold on December 10, 2020.

(14)

The vessels were acquired on June 29, 2020, following the liquidation of Navios Europe II.

(15)

The vessels were acquired on September 30, 2020.

(16)

The vessels were acquired on March 30, 2021 (see Note 5 – Vessels, net).

(17)

The vessel was sold on January 13, 2021 (see Note 5 – Vessels, net).

(18)

The vessel was sold on January 28, 2021 (see Note 5 – Vessels, net).

(19)

The vessel was sold on February 10, 2021 (see Note 5 – Vessels, net).

(20)

The vessel was sold on March 25, 2021 (see Note 5 – Vessels, net).

(21)

Expected to be delivered by the second half of 2022.

(22)

Expected to be delivered in the first half of 2023.

(23)

The vessel was sold on July 31, 2021.

(24)

The vessels were acquired on May 10, 2021 (see Note 5 – Vessels, net).

(25)

Expected to be delivered by the second half of 2023.

(26)

The vessel was acquired on June 4, 2021 (see Note 5 – Vessels, net).

(27)

Expected to be delivered by the first half of 2025.

(28)

The vessel agreed to be sold in February 2022. The sale is expected to be completed in September 2022 (see Note 5 – Vessels, net).

(29)

The vessel was delivered on July 27, 2022 (see Note 12 – Commitments and Contingencies).

	(30)	The vessel was delivered on July 5, 2022 (see Note 12 – Commitments and Contingencies).
	(31)	The vessel agreed to be sold in September 2022. The sale is expected to be completed in the fourth quarter of 2022 (see Note 17 – Subsequent Events).

Revenue and Expense Recognition

Revenue and Expense Recognition:

Revenue from time chartering

Revenue from voyage contracts

Pooling arrangements

Revenue from profit-sharing

Recent Accounting Pronouncements

Recent Accounting Pronouncements:

Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2022

Accounting Policies [Abstract]

Summary of Significant Accounting Policies - Entities included in consolidation


Company name	Vessel name	Country of incorporation	2022	2021
Libra Shipping Enterprises Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Alegria Shipping Corporation	Navios Alegria	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Felicity Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Gemini Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Galaxy Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Aurora Shipping Enterprises Ltd.	Navios Hope	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Palermo Shipping S.A	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Fantastiks Shipping Corporation⁽¹²⁾	Navios Fantastiks	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Sagittarius Shipping Corporation⁽¹²⁾	Navios Sagittarius	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Hyperion Enterprises Inc.	Navios Hyperion	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Chilali Corp.	Navios Aurora II	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Surf Maritime Co.	Navios Pollux	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Pandora Marine Inc.	Navios Melodia	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Customized Development S.A.	Navios Fulvia	Liberia	1/01 – 6/30	1/01 – 6/30
Kohylia Shipmanagement S.A.	Navios Luz	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Orbiter Shipping Corp.	Navios Orbiter	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Floral Marine Ltd.	Navios Buena Ventura	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Golem Navigation Limited⁽¹³⁾	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Kymata Shipping Co.	Navios Helios	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Joy Shipping Corporation	Navios Joy	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Micaela Shipping Corporation	Navios Harmony	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Pearl Shipping Corporation	Navios Sun	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Velvet Shipping Corporation	Navios La Paix	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Perigiali Navigation Limited⁽¹²⁾	Navios Beaufiks	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Finian Navigation Co.⁽¹²⁾	Navios Ace	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Ammos Shipping Corp.	Navios Prosperity I	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Wave Shipping Corp.	Navios Libertas	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Casual Shipholding Co.⁽¹²⁾	Navios Sol	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Avery Shipping Company	Navios Symphony	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Coasters Ventures Ltd.	Navios Christine B	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Ianthe Maritime S.A.	Navios Aster	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Rubina Shipping Corporation	Hyundai Hongkong	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Topaz Shipping Corporation	Hyundai Singapore	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Beryl Shipping Corporation	Hyundai Tokyo	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Cheryl Shipping Corporation	Hyundai Shanghai	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Christal Shipping Corporation	Hyundai Busan	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Fairy Shipping Corporation ⁽⁵⁾	Navios Utmost	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Limestone Shipping Corporation ⁽²⁸⁾	Navios Unite	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Dune Shipping Corp.	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Citrine Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Cavalli Navigation Inc.	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Seymour Trading Limited⁽²⁾	Navios Altair I	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Goldie Services Company	Navios Symmetry	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Andromeda Shiptrade Limited	Navios Apollon I	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Esmeralda Shipping Corporation	Navios Sphera	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Triangle Shipping Corporation	Navios Mars	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Oceanus Shipping Corporation⁽¹⁹⁾	Castor N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Cronus Shipping Corporation	Protostar N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Leto Shipping Corporation⁽¹⁷⁾	Esperanza N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Dionysus Shipping Corporation⁽⁴⁾	Harmony N	Marshall Is.	1/01 – 6/30	1/01 – 6/30


Prometheus Shipping Corporation⁽¹⁸⁾	Solar N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Camelia Shipping Inc.⁽³¹⁾	Navios Camelia	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Anthos Shipping Inc.	Navios Anthos	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Azalea Shipping Inc.⁽¹⁾	Navios Azalea	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Amaryllis Shipping Inc.	Navios Amaryllis	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Zaffre Shipping Corporation⁽¹⁴⁾	Serenitas N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Wenge Shipping Corporation^(14),(20)	Joie N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Sunstone Shipping Corporation⁽¹⁴⁾	Copernicus N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Fandango Shipping Corporation⁽¹⁴⁾	Unity N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Flavescent Shipping Corporation⁽¹⁴⁾	Odysseus N	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Emery Shipping Corporation⁽¹⁵⁾	Navios Gem	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Rondine Management Corp.⁽¹⁵⁾	Navios Victory	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Prosperity Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Aldebaran Shipping Corporation	—	Marshall Is.	1/01 – 6/30	1/01 – 6/30
JTC Shipping and Trading Ltd.⁽¹¹⁾	Holding Company	Malta	1/01 – 6/30	1/01 – 6/30
Navios Maritime Partners L.P.	N/A	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Navios Maritime Operating LLC.	N/A	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Navios Partners Finance (US) Inc.	Co-Borrower	Delaware	1/01 – 6/30	1/01 – 6/30
Navios Partners Europe Finance Inc.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	1/01 – 6/30
Solange Shipping Ltd.⁽¹⁶⁾	Navios Avior	Marshall Is.	1/01 – 6/30	3/30 – 6/30
Mandora Shipping Ltd.⁽¹⁶⁾	Navios Centaurus	Marshall Is.	1/01 – 6/30	3/30 – 6/30
Olympia II Navigation Limited	Navios Domino	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Pingel Navigation Limited	Navios Delight	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Ebba Navigation Limited	Navios Destiny	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Clan Navigation Limited	Navios Devotion	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Sui An Navigation Limited⁽²³⁾	Navios Dedication	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Bertyl Ventures Co.	Navios Azure	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Silvanus Marine Company	Navios Summer	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Anthimar Marine Inc.	Navios Amarillo	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Enplo Shipping Limited	Navios Verde	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Morven Chartering Inc.	Matson Oahu	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Rodman Maritime Corp.	Navios Spring	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Isolde Shipping Inc.	Navios Indigo	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Velour Management Corp.	Navios Vermilion	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Evian Shiptrade Ltd.	Matson Lanai	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Theros Ventures Limited	Navios Lapis	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Legato Shipholding Inc.	Navios Tempo	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Inastros Maritime Corp.	Navios Chrysalis	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Zoner Shiptrade S.A.	Navios Dorado	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Jasmer Shipholding Ltd.	Navios Nerine	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Thetida Marine Co.	Navios Magnolia	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Jaspero Shiptrade S.A.	Navios Jasmine	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Peran Maritime Inc.	Zim Baltimore(ex Navios Felicitas)	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Nefeli Navigation S.A.	Navios Unison	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Crayon Shipping Ltd	Navios Miami	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Chernava Marine Corp.	Bahamas	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Proteus Shiptrade S.A	Zim Carmel	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Vythos Marine Corp.	Navios Constellation	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Navios Maritime Containers Sub L.P.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Navios Partners Containers Finance Inc.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Boheme Navigation Company	Sub-Holding Company	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Navios Partners Containers Inc.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	3/31 – 6/30
Iliada Shipping S.A.	Operating Company	Marshall Is.	1/01 – 6/30	3/31 – 6/30


Skopelos Shipping Corporation	Nave Ariadne	Cayman Islands	1/01 – 6/30	—
Skyros Shipping Corporation	Nave Sextans	Marshall Is.	1/01 – 6/30	—
Syros Shipping Corporation	Nave Alderamin	Marshall Is.	1/01 – 6/30	—
Thera Shipping Corporation	Nave Atropos	Marshall Is.	1/01 – 6/30	—
Tilos Shipping Corporation	Nave Spherical	Marshall Is.	1/01 – 6/30	—
Tinos Shipping Corporation	Nave Rigel	Marshall Is.	1/01 – 6/30	—
Zakynthos Shipping Corporation	Nave Quasar	Marshall Is.	1/01 – 6/30	—
Cyrus Investments Corp.	Baghdad	Marshall Is.	1/01 – 6/30	—
Olivia Enterprises Corp.	Erbil	Marshall Is.	1/01 – 6/30	—
Limnos Shipping Corporation	Nave Pyxis	Marshall Is.	1/01 – 6/30	—
Thasos Shipping Corporation	Nave Equinox	Marshall Is.	1/01 – 6/30	—
Agistri Shipping Limited	Operating Subsidiary	Malta	1/01 – 6/30	—
Paxos Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Donoussa Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Schinousa Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Alonnisos Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Makronisos Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Shinyo Loyalty Limited	Former Vessel-Owning Company	Hong Kong	1/01 – 6/30	—
Shinyo Navigator Limited	Former Vessel-Owning Company	Hong Kong	1/01 – 6/30	—
Amindra Navigation Co.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	—
Navios Maritime Midstream Partners L.P.	Sub-Holding Company	Marshall Is.	1/01 – 6/30	—
Navios Maritime Midstream Operating LLC	Sub-Holding Company	Marshall Is.	1/01 – 6/30	—
Shinyo Dream Limited	Former Vessel-Owning Company	Hong Kong	1/01 – 6/30	—
Shinyo Kannika Limited	Former Vessel-Owning Company	Hong Kong	1/01 – 6/30	—
Shinyo Kieran Limited	Nave Universe	British Virgin Islands	1/01 – 6/30	—
Shinyo Ocean Limited	Former Vessel-Owning Company	Hong Kong	1/01 – 6/30	—
Shinyo Saowalak Limited	Nave Constellation	British Virgin Islands	1/01 – 6/30	—
Sikinos Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Kerkyra Shipping Corporation	Nave Galactic	Marshall Is.	1/01 – 6/30	—
Doxa International Corp.	Nave Electron	Marshall Is.	1/01 – 6/30	—
Alkmene Shipping Corporation	Star N	Marshall Is.	1/01 – 6/30	—
Aphrodite Shipping Corporation	Aurora N	Marshall Is.	1/01 – 6/30	—
Dione Shipping Corporation	Lumen N	Marshall Is.	1/01 – 6/30	—
Persephone Shipping Corporation	Hector N	Marshall Is.	1/01 – 6/30	—
Rhea Shipping Corporation	Perseus N	Marshall Is.	1/01 – 6/30	—
Tzia Shipping Corporation ⁽³⁰⁾	Nave Celeste	Marshall Is.	1/01 – 6/30	—
Boysenberry Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Cadmium Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Celadon Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Cerulean Shipping Corporation	Former Vessel-Owning Company	Marshall Is.	1/01 – 6/30	—
Kleio Shipping Corporation ⁽⁶⁾	TBN XI	Marshall Is.	1/01 – 6/30	—
Polymnia Shipping Corporation ⁽⁶⁾	TBN XII	Marshall Is.	1/01 – 6/30	—
Goddess Shiptrade Inc. ⁽²¹⁾	Navios Astra	Marshall Is.	1/01 – 6/30	—
Navios Acquisition Merger Sub.Inc.	Merger SPV	Marshall Is.	1/01 – 6/30	—


Aramis Navigation Inc.⁽³⁾	Navios Azimuth	Marshall Is.	1/01 – 6/30	—
Thalia Shipping Corporation ⁽⁶⁾	TBN XV	Marshall Is.	1/01 – 6/30	—
Muses Shipping Corporation ⁽⁶⁾	TBN XVI	Marshall Is.	1/01 – 6/30	—
Euterpe Shipping Corporation ⁽⁸⁾	TBN XIV	Marshall Is.	1/01 – 6/30	—
Calliope Shipping Corporation ⁽⁶⁾	TBN XIII	Marshall Is.	1/01 – 6/30	—
Karpathos Shipping Corporation ⁽⁶⁾	TBN XXI	Marshall Is.	6/22 – 6/30	—
Patmos Shipping Corporation ⁽⁶⁾	TBN XXII	Marshall Is.	6/22 – 6/30	—
Tarak Shipping Corporation ⁽⁶⁾	TBN XVIII	Marshall Is.	4/26 – 6/30	—
Astrovalos Shipping Corporation ⁽⁸⁾	TBN XVII	Marshall Is.	4/26 – 6/30	—
Ithaki Shipping Corporation ⁽²⁷⁾	TBN XX	Marshall Is.	4/26 – 6/30	—
Gavdos Shipping Corporation ⁽⁶⁾	TBN XIX	Marshall Is.	4/26 – 6/30	—

(1)

The vessel was sold on August 13, 2021.

(2)

The vessel was sold on October 29, 2021.

(3)

The vessel was acquired on July 9, 2021.

(4)

The vessel was sold on August 16, 2021.

(5)

The vessel was sold in September 2022.

(6)

Expected to be delivered by the second half of 2024.

(7)

The vessel was acquired on June 30, 2021 (see Note 5 – Vessels, net).

(8)

Expected to be delivered by the first half of 2024.

(9)

The vessel was delivered on July 24, 2019 (see Note 15 – Leases).

(10)

The vessels were delivered on May 28, 2021 and June 10, 2021 (see Note 15 – Leases).

(11)

Not a vessel-owning subsidiary and only holds right to charter-in contracts.

(12)

Vessels under the sale and leaseback transaction.

(13)

The vessel was sold on December 10, 2020.

(14)

The vessels were acquired on June 29, 2020, following the liquidation of Navios Europe II.

(15)

The vessels were acquired on September 30, 2020.

(16)

The vessels were acquired on March 30, 2021 (see Note 5 – Vessels, net).

(17)

The vessel was sold on January 13, 2021 (see Note 5 – Vessels, net).

(18)

The vessel was sold on January 28, 2021 (see Note 5 – Vessels, net).

(19)

The vessel was sold on February 10, 2021 (see Note 5 – Vessels, net).

(20)

The vessel was sold on March 25, 2021 (see Note 5 – Vessels, net).

(21)

Expected to be delivered by the second half of 2022.

(22)

Expected to be delivered in the first half of 2023.

(23)

The vessel was sold on July 31, 2021.

(24)

The vessels were acquired on May 10, 2021 (see Note 5 – Vessels, net).

(25)

Expected to be delivered by the second half of 2023.

(26)

The vessel was acquired on June 4, 2021 (see Note 5 – Vessels, net).

(27)

Expected to be delivered by the first half of 2025.

(28)

The vessel agreed to be sold in February 2022. The sale is expected to be completed in September 2022 (see Note 5 – Vessels, net).

(29)

The vessel was delivered on July 27, 2022 (see Note 12 – Commitments and Contingencies).

	(30)	The vessel was delivered on July 5, 2022 (see Note 12 – Commitments and Contingencies).
	(31)	The vessel agreed to be sold in September 2022. The sale is expected to be completed in the fourth quarter of 2022 (see Note 17 – Subsequent Events).

Acquisition of Navios Containers and Navios Acquisition (Tables)

6 Months Ended

Jun. 30, 2022

Business Combination and Asset Acquisition [Abstract]

Acquisition of Navios Containers - Schedule of recognized identified assets acquired and liabilities


Purchase price:
Fair value of previously held interest (35.7%)	$	106,997
Equity issuance (8,133,452 Navios Partners units * $23.56)		191,624
Total purchase price		298,621
Fair value of assets acquired and liabilities assumed:
Vessels		770,981
Current assets (including cash of $10,282)		29,033
Unfavorable lease terms		(224,490)
Long term debt and financial liabilities assumed (including current portion)		(227,434)
Current liabilities		(5,416)
Fair value of net assets acquired		342,674
Bargain gain	$	44,053

Acquisition of Navios Containers - Lease Future Amortization Income

			Within One Year		Year Two		Year Three		Year Four		Year Five		Year Six			Total
Time charters with unfavorable lease terms		$	(126,710)		(52,501)		(20,431)		(12,462)		(11,445)		(941)		$	(224,490)

Acquisition of Navios Containers - Acquired finite lived intangible

		Amount
Description
Unfavorable lease terms	$	(224,490)

Acquisition of Navios Acquisition - Schedule of recognized identified assets acquired and liabilities


Purchase consideration:
Fair value of the consideration	$	150,000
Fair value of noncontrolling interest (37.6%)		57,635
Total purchase consideration		207,635
Fair value of Navios Acquisition’s assets acquired and liabilities assumed:
Vessels		1,003,040
Other long-term assets		27,291
Operating lease assets		128,619
Current assets (including cash and restricted cash of $32,394)		64,180
Favorable lease terms		112,139
Unfavorable lease terms		(6,529)
Long term debt and financial liabilities assumed (including current portion)		(811,608)
Operating lease liabilities (including current portion)		(128,619)
Current liabilities		(176,916)
Fair value of Navios Acquisition’s net assets		211,597
Bargain gain upon obtaining control	$	3,962

Acquisition of Navios Acquisition - Lease Future Amortization Income

Acquisition of Navios Acquisition - Acquired finite lived intangible

		Amount
Description
Favorable lease terms	$	112,139
Unfavorable lease terms	$	(6,529)

Cash And Cash Equivalents (Tables)

6 Months Ended

Jun. 30, 2022

Cash and Cash Equivalents [Abstract]

Cash and cash equivalents

		June 30, 2022		December 31, 2021
Cash and cash equivalents	$	163,362	$	159,467
Restricted cash		11,262		9,979
Total cash and cash equivalents and restricted cash	$	174,624	$	169,446

Vessels, net (Tables)

6 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

Vessels, Net

Vessels		Cost		Accumulated Depreciation		Net Book Value
Balance December 31, 2021	$	3,220,627	$	(368,057)	$	2,852,570
Additions/ (Depreciation)		6,274		(71,930)		(65,656)
Balance June 30, 2022	$	3,226,901	$	(439,987)	$	2,786,914

Intangible Assets And Liabilities (Tables)

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets and Liabilities - Intangible Assets, Favorable Lease

		Cost		Accumulated Amortization		Net Book Value
Favorable lease terms December 31, 2021	$	195,854	$	(95,432)	$	100,422
Amortization for the period		—		(12,430)		(12,430)
Favorable lease terms June 30, 2022	$	195,854	$	(107,862)	$	87,992

Intangible Assets and Liabilities - Amortization of Favorable Lease Terms

	Three Month Period Ended				Six Month Period Ended
	June 30, 2022		June 30, 2021		June 30, 2022		June 30, 2021
Favorable lease terms	$	(5,565)	$	(292)	$	(12,430)	$	(583)
Total	$	(5,565)	$	(292)	$	(12,430)	$	(583)

Intangible Assets and Liabilities - Aggregate Amortizations of Intangible Assets

Period	Amount
2023	$	18,483
2024		18,156
2025		17,702
2026		11,180
2027 and thereafter		22,471
Total	$	87,992

Intangible Assets And Liabilities - Intangible Liabilities, Unfavorable Lease

		Cost		Accumulated Amortization		Net Book Value
Unfavorable lease terms December 31, 2021	$	231,019	$	(108,538)	$	122,481
Amortization for the period		—		(39,426)		(39,426)
Unfavorable lease terms June 30, 2022	$	231,019	$	(147,964)	$	83,055

Intangible Assets And Liabilities - Amortization of Unfavorable Lease Terms

	Three Month Period Ended				Six Month Period Ended
	June 30, 2022		June 30, 2021		June 30, 2022		June 30, 2021
Unfavorable lease terms	$	17,587	$	42,026	$	39,426	$	42,026
Total	$	17,587	$	42,026	$	39,426	$	42,026

Intangible Assets And Liabilities - Aggregate Amortizations of Intangible Liabilities

Period	Amount
2023	$	44,586
2024		16,792
2025		12,204
2026		9,473
Total	$	83,055

Borrowings (Tables)

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Borrowings

		June 30, 2022		December 31, 2021
Credit facilities	$	799,796	$	825,267
Financial liabilities		499,570		549,178
Total borrowings	$	1,299,366	$	1,374,445
Less: Current portion of long-term borrowings, net		(221,301)		(255,137)
Less: Deferred finance costs, net		(12,023)		(12,736)
Long-term borrowings, net	$	1,066,042	$	1,106,572

Borrowings - Maturities of Long Term Debt

Period ending June 30,		Amount
2023		225,844
2024		293,367
2025		375,070
2026		171,492
2027 and thereafter		233,593
Total	$	1,299,366

Fair value of financial instruments (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments

		June 30, 2022				December 31, 2021
		Book Value		Fair Value		Book Value		Fair Value
Cash and cash equivalents	$	163,362	$	163,362	$	159,467	$	159,467
Restricted cash	$	11,262	$	11,262	$	9,979	$	9,979
Amounts due from related parties, short-term	$	14,722	$	14,722	$	—	$	—
Amounts due from related parties, long-term	$	36,302	$	36,302	$	35,245	$	35,245
Amounts due to related parties, short-term	$	—	$	—	$	(64,204)	$	(64,204)
Long-term borrowings, including current portion, net	$	(1,287,343)	$	(1,299,366)	$	(1,361,709)	$	(1,374,445)

Fair Value Measurements on a Nonrecurring Basis

		Fair Value Measurements as at June 30, 2022
		Total		Level I		Level II		Level III
Cash and cash equivalents	$	163,362	$	163,362	$	—	$	—
Restricted cash	$	11,262	$	11,262	$	—	$	—
Amounts due from related parties, short-term ⁽²⁾	$	14,722	$	—	$	14,722	$	—
Amounts due from related parties, long-term ⁽³⁾	$	36,302	$	—	$	36,302	$	—
Long-term borrowings, including current portion, net ⁽¹⁾	$	(1,299,366)	$	—	$	(1,299,366)	$	—

		Fair Value Measurements as at December 31, 2021
		Total		Level I		Level II		Level III
Cash and cash equivalents	$	159,467	$	159,467	$	—	$	—
Restricted cash	$	9,979	$	9,979	$	—	$	—
Amounts due from related parties, long-term ⁽³⁾	$	35,245	$	—	$	35,245	$	—
Amounts due to related parties, short-term ⁽⁴⁾	$	(64,204)	$	—	$	(64,204)	$	—
Long-term borrowings, including current portion, net ⁽¹⁾	$	(1,374,445)	$	—	$	(1,374,445)	$	—

(1)	The fair value of the Company’s debt is estimated based on currently available debt with similar contract terms, interest rate and remaining maturities as well as taking into account the Company’s creditworthiness.

(2)	The fair value of the Company’s short-term receivable from related parties is estimated based on currently available debt with similar contract terms, interest rate and remaining maturities as well as taking into account the counterparty’s creditworthiness.

(3)	The fair value of the Company’s long-term receivable from related parties is estimated based on currently available debt with similar contract terms, interest rate and remaining maturities as well as taking into account the counterparty’s creditworthiness.

(4)	The fair value of the Company’s short-term payable to related parties is estimated based on currently available debt with similar contract terms, interest rate and remaining maturities as well as taking into account the Company’s creditworthiness.

Segment Information (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Segment Information - Revenue by Geographic Region

		Three Month Period ended June 30, 2022		Three Month Period ended June 30, 2021		Six Month Period ended June 30, 2022		Six Month Period ended June 30, 2021
Asia	$	180,047	$	86,858	$	321,244	$	124,940
Europe		77,047		51,803		150,963		72,465
North America		23,567		13,348		45,071		19,667
Total	$	280,661	$	152,009	$	517,278	$	217,072

Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies - Future minimum contractual obligations

Period ending June 30,		Amount
2023		53,366
2024		64,200
2025		63,725
2026		63,509
2027		62,925
2028 and thereafter		418,545
Total	$	726,270

Cash distributions and earnings per unit (Tables)

6 Months Ended

Jun. 30, 2022

Cash Distributions And Earnings Per Unit

Cash distributions and earnings per unit - Schedule Of Incentive Distributions Made To General Partners Or Unitholders By Distribution

		Marginal Percentage Interest in Distributions
	Total Quarterly Distribution Target Amount	Common Unitholders	Incentive Distribution Right Holder	General Partner
Minimum Quarterly Distribution	up to $5.25	98%	—	2%
First Target Distribution	up to $6.0375	98%	—	2%
Second Target Distribution	above $ 6.0375 up to $6.5625	85%	13%	2%
Third Target Distribution	above $6.5625 up to $7.875	75%	23%	2%
Thereafter	above $7.875	50%	48%	2%

Cash distribution and earnings per unit - Schedule of earnings per unit, Basic and Diluted


	Three Month Period Ended				Six Month Period Ended
	June 30, 2022		June 30, 2021		June 30, 2022		June 30, 2021
Net income	$	118,160	$	99,913	$	203,825	$	236,592
Income attributable to:
Common unitholders	$	115,797	$	97,914	$	199,749	$	231,860
Weighted average units outstanding basic
Common unitholders		30,154,171		22,653,219		30,154,171		17,041,426
Earnings per unit basic:
Common unitholders	$	3.84	$	4.32	$	6.62	$	13.61
Weighted average units outstanding diluted
Common unitholders		30,197,087		22,739,569		30,197,087		17,127,776
Earnings per unit diluted:
Common unitholders	$	3.83	$	4.31	$	6.61	$	13.54
Earnings per unit distributed basic:
Common unit holders	$	0.05	$	0.05	$	0.10	$	0.10
Earnings per unit distributed diluted:
Common unitholders	$	0.05	$	0.05	$	0.10	$	0.10

Leases (Tables)

6 Months Ended

Jun. 30, 2022

Leases

Leases

Period ending June 30,		Amount
2023	$	30,558
2024		30,615
2025		30,356
2026		30,368
2027 and thereafter		181,207
Total	$	303,104
Operating lease liabilities, including current portion	$	234,867
Discount based on incremental borrowing rate	$	68,237

Prepaid expenses and other current assets (Tables)

6 Months Ended

Jun. 30, 2022

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following:

		June 30, 2022		December 31, 2021
Prepaid voyage costs	$	4,353	$	2,829
Inventories		26,408		21,072
Claims receivable		26,459		5,568
Other		4,368		3,651
Total prepaid expenses and other current assets	$	61,588	$	33,120

Description of business (Details Narrative) - shares	6 Months Ended
Description of business (Details Narrative) - shares	Jun. 30, 2022	Dec. 31, 2021
Formation date	August 7, 2007
Limited Liability Company or Limited Partnership, Managing Member or General Partner, Name	Olympos Maritime Ltd.
Common units outstanding	30,197,087	30,197,087
General partner units oustanding	622,555	622,555
Navios Holdings [Member]
Ownership percentage of Navios Holdings	10.30%
Olympos Maritime Ltd [Member]
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest	2.00%

Summary of Significant Accounting Policies - Entities included in consolidation (Details)	6 Months Ended
	Jun. 30, 2022
Libra Shipping Enterprises Corporation [Member]
Entity Information [Line Items]
Vessel name
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Alegria Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Navios Alegria
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Felicity Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Gemini Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Galaxy Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Aurora Shipping Enterprises Ltd. [Member]
Entity Information [Line Items]
Vessel name	Navios Hope
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Palermo Shipping S.A [Member]
Entity Information [Line Items]
Vessel name
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Fantastiks Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Navios Fantastiks
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Sagittarius Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Navios Sagittarius
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Hyperion Enterprises Inc. [Member]
Entity Information [Line Items]
Vessel name	Navios Hyperion
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Chilali Corp. [Member]
Entity Information [Line Items]
Vessel name	Navios Aurora II
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Surf Maritime Co. [Member]
Entity Information [Line Items]
Vessel name	Navios Pollux
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Pandora Marine Inc. [Member]
Entity Information [Line Items]
Vessel name	Navios Melodia
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Customized Development S.A. [Member]
Entity Information [Line Items]
Vessel name	Navios Fulvia
Country of incorporation	Liberia
2022	1/01 – 6/30
2021	1/01 – 6/30
Kohylia Shipmanagement S.A. [Member]
Entity Information [Line Items]
Vessel name	Navios Luz
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Orbiter Shipping Corp. [Member]
Entity Information [Line Items]
Vessel name	Navios Orbiter
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Floral Marine Ltd. [Member]
Entity Information [Line Items]
Vessel name	Navios Buena Ventura
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Golem Navigation Limited [Member]
Entity Information [Line Items]
Vessel name
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Kymata Shipping Co. [Member]
Entity Information [Line Items]
Vessel name	Navios Helios
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Joy Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Navios Joy
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Micaela Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Navios Harmony
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Pearl Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Navios Sun
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Velvet Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Navios La Paix
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Perigiali Navigation Limited [Member]
Entity Information [Line Items]
Vessel name	Navios Beaufiks
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Finian Navigation Co. [Member]
Entity Information [Line Items]
Vessel name	Navios Ace
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Ammos Shipping Corp. [Member]
Entity Information [Line Items]
Vessel name	Navios Prosperity I
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Wave Shipping Corp. [Member]
Entity Information [Line Items]
Vessel name	Navios Libertas
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Casual Shipholding Co. [Member]
Entity Information [Line Items]
Vessel name	Navios Sol
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Avery Shipping Company [Member]
Entity Information [Line Items]
Vessel name	Navios Symphony
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Coasters Ventures Ltd. [Member]
Entity Information [Line Items]
Vessel name	Navios Christine B
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Ianthe Maritime S.A. [Member]
Entity Information [Line Items]
Vessel name	Navios Aster
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Rubina Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Hyundai Hongkong
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Topaz Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Hyundai Singapore
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Beryl Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Hyundai Tokyo
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Cheryl Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Hyundai Shanghai
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Christal Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Hyundai Busan
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Fairy Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Navios Utmost
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Limestone Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Navios Unite
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Dune Shipping Corp. [Member]
Entity Information [Line Items]
Vessel name
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Citrine Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Cavalli Navigation Inc. [Member]
Entity Information [Line Items]
Vessel name
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Seymour Trading Limited [Member]
Entity Information [Line Items]
Vessel name	Navios Altair I
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Goldie Services Company [Member]
Entity Information [Line Items]
Vessel name	Navios Symmetry
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Andromeda Shiptrade Limited [Member]
Entity Information [Line Items]
Vessel name	Navios Apollon I
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Esmeralda Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Navios Sphera
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Triangle Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Navios Mars
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Oceanus Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Castor N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Cronus Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Protostar N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Leto Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Esperanza N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Dionysus Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Harmony N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Prometheus Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Solar N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Camelia Shipping Inc. [Member]
Entity Information [Line Items]
Vessel name	Navios Camelia
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Anthos Shipping Inc. [Member]
Entity Information [Line Items]
Vessel name	Navios Anthos
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Azalea Shipping Inc. [Member]
Entity Information [Line Items]
Vessel name	Navios Azalea
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Amaryllis Shipping Inc. [Member]
Entity Information [Line Items]
Vessel name	Navios Amaryllis
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Zaffre Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Serenitas N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Wenge Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Joie N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Sunstone Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Copernicus N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Fandango Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Unity N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Flavescent Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Odysseus N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Emery Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Navios Gem
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Rondine Management Corp. [Member]
Entity Information [Line Items]
Vessel name	Navios Victory
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Prosperity Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Aldebaran Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
JTC Shipping and Trading Ltd. [Member]
Entity Information [Line Items]
Vessel name	Holding Company
Country of incorporation	Malta
2022	1/01 – 6/30
2021	1/01 – 6/30
Navios Maritime Partners L.P. [Member]
Entity Information [Line Items]
Vessel name	N/A
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Navios Maritime Operating LLC. [Member]
Entity Information [Line Items]
Vessel name	N/A
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Navios Partners Finance (US) Inc. [Member]
Entity Information [Line Items]
Vessel name	Co-Borrower
Country of incorporation	Delaware
2022	1/01 – 6/30
2021	1/01 – 6/30
Navios Partners Europe Finance Inc. [Member]
Entity Information [Line Items]
Vessel name	Sub-Holding Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Solange Shipping Ltd. [Member]
Entity Information [Line Items]
Vessel name	Navios Avior
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/30 – 6/30
Mandora Shipping Ltd. [Member]
Entity Information [Line Items]
Vessel name	Navios Centaurus
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/30 – 6/30
Olympia II Navigation Limited [Member]
Entity Information [Line Items]
Vessel name	Navios Domino
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Pingel Navigation Limited [Member]
Entity Information [Line Items]
Vessel name	Navios Delight
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Ebba Navigation Limited [Member]
Entity Information [Line Items]
Vessel name	Navios Destiny
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Clan Navigation Limited [Member]
Entity Information [Line Items]
Vessel name	Navios Devotion
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Sui An Navigation Limited [Member]
Entity Information [Line Items]
Vessel name	Navios Dedication
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Bertyl Ventures Co. [Member]
Entity Information [Line Items]
Vessel name	Navios Azure
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Silvanus Marine Company [Member]
Entity Information [Line Items]
Vessel name	Navios Summer
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Anthimar Marine Inc. [Member]
Entity Information [Line Items]
Vessel name	Navios Amarillo
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Enplo Shipping Limited [Member]
Entity Information [Line Items]
Vessel name	Navios Verde
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Morven Chartering Inc. [Member]
Entity Information [Line Items]
Vessel name	Matson Oahu
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Rodman Maritime Corp. [Member]
Entity Information [Line Items]
Vessel name	Navios Spring
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Isolde Shipping Inc. [Member]
Entity Information [Line Items]
Vessel name	Navios Indigo
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Velour Management Corp. [Member]
Entity Information [Line Items]
Vessel name	Navios Vermilion
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Evian Shiptrade Ltd. [Member]
Entity Information [Line Items]
Vessel name	Matson Lanai
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Theros Ventures Limited [Member]
Entity Information [Line Items]
Vessel name	Navios Lapis
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Legato Shipholding Inc. [Member]
Entity Information [Line Items]
Vessel name	Navios Tempo
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Inastros Maritime Corp. [Member]
Entity Information [Line Items]
Vessel name	Navios Chrysalis
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Zoner Shiptrade S.A. [Member]
Entity Information [Line Items]
Vessel name	Navios Dorado
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Jasmer Shipholding Ltd. [Member]
Entity Information [Line Items]
Vessel name	Navios Nerine
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Thetida Marine Co. [Member]
Entity Information [Line Items]
Vessel name	Navios Magnolia
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Jaspero Shiptrade S.A. [Member]
Entity Information [Line Items]
Vessel name	Navios Jasmine
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Peran Maritime Inc. [Member]
Entity Information [Line Items]
Vessel name	Zim Baltimore(ex Navios Felicitas)
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Nefeli Navigation S.A. [Member]
Entity Information [Line Items]
Vessel name	Navios Unison
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Crayon Shipping Ltd [Member]
Entity Information [Line Items]
Vessel name	Navios Miami
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Chernava Marine Corp. [Member]
Entity Information [Line Items]
Vessel name	Bahamas
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Proteus Shiptrade S.A [Member]
Entity Information [Line Items]
Vessel name	Zim Carmel
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Vythos Marine Corp. [Member]
Entity Information [Line Items]
Vessel name	Navios Constellation
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Navios Maritime Containers Sub L.P. [Member]
Entity Information [Line Items]
Vessel name	Sub-Holding Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Navios Partners Containers Finance Inc. [Member]
Entity Information [Line Items]
Vessel name	Sub-Holding Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Boheme Navigation Company [Member]
Entity Information [Line Items]
Vessel name	Sub-Holding Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Navios Partners Containers Inc. [Member]
Entity Information [Line Items]
Vessel name	Sub-Holding Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Iliada Shipping S.A. [Member]
Entity Information [Line Items]
Vessel name	Operating Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Vinetree Marine Company [Member]
Entity Information [Line Items]
Vessel name	Operating Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Afros Maritime Inc. [Member]
Entity Information [Line Items]
Vessel name	Operating Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/31 – 6/30
Cavos Navigation Co. [Member]
Entity Information [Line Items]
Vessel name	Navios Libra
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Perivoia Shipmanagement Co. [Member]
Entity Information [Line Items]
Vessel name	Navios Amitie
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Pleione Management Limited [Member]
Entity Information [Line Items]
Vessel name	Navios Star
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	1/01 – 6/30
Bato Marine Corp. [Member]
Entity Information [Line Items]
Vessel name	Navios Armonia
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/05 – 6/30
Agron Navigation Company [Member]
Entity Information [Line Items]
Vessel name	TBN II
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/05 – 6/30
Teuta Maritime S.A. [Member]
Entity Information [Line Items]
Vessel name	TBN VI
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/05 – 6/30
Ambracia Navigation Company [Member]
Entity Information [Line Items]
Vessel name	Navios Primavera
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/05 – 6/30
Artala Shipping Co. [Member]
Entity Information [Line Items]
Vessel name	TBN IV
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/05 – 6/30
Migen Shipmanagement Ltd. [Member]
Entity Information [Line Items]
Vessel name	Sub-Holding Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	3/05 – 6/30
Bole Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Spectrum N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	4/28 – 6/30
Brandeis Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Ete N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	5/10 – 6/30
Buff Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Fleur N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	5/10 – 6/30
Morganite Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	TBN V
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	6/01 – 6/30
Balder Martitime Ltd. [Member]
Entity Information [Line Items]
Vessel name	Navios Koyo
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	6/04 – 6/30
Melpomene Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	TBN VII
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	6/23 – 6/30
Urania Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	TBN VIII
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	6/23 – 6/30
Terpsichore Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	TBN IX
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	6/23 – 6/30
Erato Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	TBN X
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	6/23 – 6/30
Lavender Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Navios Ray
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	6/30 – 6/30
Nostos Shipmanagement Corp. [Member]
Entity Information [Line Items]
Vessel name	Navios Bonavis
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021	6/30 – 6/30
Navios Maritime Acquisition Corporation [Member]
Entity Information [Line Items]
Vessel name	Sub-Holding Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Navios Acquisition Europe Finance Inc. [Member]
Entity Information [Line Items]
Vessel name	Sub-Holding Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Navios Acquisition Finance (US) Inc. [Member]
Entity Information [Line Items]
Vessel name	Co-Issuer of Ship Mortgage Notes
Country of incorporation	Delaware
2022	1/01 – 6/30
2021
Navios Maritime Midstream Partners GP LLC [Member]
Entity Information [Line Items]
Vessel name	Holding Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Letil Navigation Ltd. [Member]
Entity Information [Line Items]
Vessel name	Sub-Holding Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Navios Maritime Midstream Partners Finance (US) Inc. [Member]
Entity Information [Line Items]
Vessel name	Sub-Holding Company
Country of incorporation	Delaware
2022	1/01 – 6/30
2021
Aegean Sea Maritime Holdings Inc. [Member]
Entity Information [Line Items]
Vessel name	Sub-Holding Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Amorgos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Cosmos
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Andros Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Polaris
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Antikithira Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Equator
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Antiparos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Atria
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Antipaxos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Dorado
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Antipsara Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Velocity
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Crete Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Cetus
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Delos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Photon
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Folegandros Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Andromeda
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Ikaria Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Aquila
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Ios Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Cielo
Country of incorporation	Cayman Islands
2022	1/01 – 6/30
2021
Iraklia Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Bougainville
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Kimolos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Former Vessel-Owning Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Kithira Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Orbit
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Kos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Bellatrix
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Lefkada Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Buena Suerte
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Leros Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Former Vessel-Owning Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Mytilene Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Orion
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Oinousses Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Jupiter
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Psara Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Luminosity
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Rhodes Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Cassiopeia
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Samos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Synergy
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Samothrace Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Pulsar
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Serifos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Estella
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Sifnos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Titan
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Skiathos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Capella
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Skopelos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Ariadne
Country of incorporation	Cayman Islands
2022	1/01 – 6/30
2021
Skyros Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Sextans
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Syros Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Alderamin
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Thera Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Atropos
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Tilos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Spherical
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Tinos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Rigel
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Zakynthos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Quasar
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Cyrus Investments Corp. [Member]
Entity Information [Line Items]
Vessel name	Baghdad
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Olivia Enterprises Corp. [Member]
Entity Information [Line Items]
Vessel name	Erbil
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Limnos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Pyxis
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Thasos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Equinox
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Agistri Shipping Limited [Member]
Entity Information [Line Items]
Vessel name	Operating Subsidiary
Country of incorporation	Malta
2022	1/01 – 6/30
2021
Paxos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Former Vessel-Owning Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Donoussa Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Former Vessel-Owning Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Schinousa Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Former Vessel-Owning Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Alonnisos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Former Vessel-Owning Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Makronisos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Former Vessel-Owning Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Shinyo Loyalty Limited [Member]
Entity Information [Line Items]
Vessel name	Former Vessel-Owning Company
Country of incorporation	Hong Kong
2022	1/01 – 6/30
2021
Shinyo Navigator Limited [Member]
Entity Information [Line Items]
Vessel name	Former Vessel-Owning Company
Country of incorporation	Hong Kong
2022	1/01 – 6/30
2021
Amindra Navigation Co. [Member]
Entity Information [Line Items]
Vessel name	Sub-Holding Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Navios Maritime Midstream Partners L.P. [Member]
Entity Information [Line Items]
Vessel name	Sub-Holding Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Navios Maritime Midstream Operating LLC [Member]
Entity Information [Line Items]
Vessel name	Sub-Holding Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Shinyo Dream Limited [Member]
Entity Information [Line Items]
Vessel name	Former Vessel-Owning Company
Country of incorporation	Hong Kong
2022	1/01 – 6/30
2021
Shinyo Kannika Limited [Member]
Entity Information [Line Items]
Vessel name	Former Vessel-Owning Company
Country of incorporation	Hong Kong
2022	1/01 – 6/30
2021
Shinyo Kieran Limited [Member]
Entity Information [Line Items]
Vessel name	Nave Universe
Country of incorporation	British Virgin Islands
2022	1/01 – 6/30
2021
Shinyo Ocean Limited [Member]
Entity Information [Line Items]
Vessel name	Former Vessel-Owning Company
Country of incorporation	Hong Kong
2022	1/01 – 6/30
2021
Shinyo Saowalak Limited [Member]
Entity Information [Line Items]
Vessel name	Nave Constellation
Country of incorporation	British Virgin Islands
2022	1/01 – 6/30
2021
Sikinos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Former Vessel-Owning Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Kerkyra Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Galactic
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Doxa International Corp. [Member]
Entity Information [Line Items]
Vessel name	Nave Electron
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Alkmene Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Star N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Aphrodite Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Aurora N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Dione Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Lumen N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Persephone Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Hector N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Rhea Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Perseus N
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Tzia Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Nave Celeste
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Boysenberry Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Former Vessel-Owning Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Cadmium Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Former Vessel-Owning Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Celadon Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Former Vessel-Owning Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Cerulean Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	Former Vessel-Owning Company
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Kleio Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	TBN XI
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Polymnia Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	TBN XII
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Goddess Shiptrade Inc. [Member]
Entity Information [Line Items]
Vessel name	Navios Astra
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Navios Acquisition Merger Sub. Inc. [Member]
Entity Information [Line Items]
Vessel name	Merger SPV
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Aramis Navigation Inc. [Member]
Entity Information [Line Items]
Vessel name	Navios Azimuth
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Thalia Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	TBN XV
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Muses Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	TBN XVI
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Euterpe Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	TBN XIV
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Calliope Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	TBN XIII
Country of incorporation	Marshall Is.
2022	1/01 – 6/30
2021
Karpathos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	TBN XXI
Country of incorporation	Marshall Is.
2022	6/22 – 6/30
2021
Patmos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	TBN XXII
Country of incorporation	Marshall Is.
2022	6/22 – 6/30
2021
Tarak Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	TBN XVIII
Country of incorporation	Marshall Is.
2022	4/26 – 6/30
2021
Astrovalos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	TBN XVII
Country of incorporation	Marshall Is.
2022	4/26 – 6/30
2021
Ithaki Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	TBN XX
Country of incorporation	Marshall Is.
2022	4/26 – 6/30
2021
Gavdos Shipping Corporation [Member]
Entity Information [Line Items]
Vessel name	TBN XIX
Country of incorporation	Marshall Is.
2022	4/26 – 6/30
2021

Summary of Significant Accounting Policies (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue for Vessels	$ 280,661	$ 152,009	$ 517,278	$ 217,072
Time charter [Member]
Revenue for Vessels	255,288	145,241	476,606	207,740
Voyage contracts [Member]
Revenue for Vessels	10,835	4,389	17,406	5,609
Pooling arrangements [Member]
Revenue for Vessels	13,726	2,379	22,392	3,723
Profit sharing [Member]
Revenue for Vessels	$ 812	$ 0	$ 874	$ 0

- Definition

Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 235
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-05(b)(2))
-URI https://asc.fasb.org/extlink&oid=120399901&loc=d3e537907-122884

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 22: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(1))
-URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227

+ Details

Acquisition of Navios Containers - Schedule of recognized identified assets acquired and liabilities (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Fair value of assets acquired and liabilities assumed:
Bargain gain	$ 0	$ 0		$ 0	$ 44,053
Navios Containers [Member]
Purchase price:
Fair value of previously held interest (35.7%)			$ 106,997
Equity issuance (8,133,452 Navios Partners units * $23.56)			191,624
Total purchase price			298,621
Fair value of assets acquired and liabilities assumed:
Vessels			770,981
Current assets (including cash of $10,282)			29,033
Unfavorable lease terms			(224,490)
Long term debt and financial liabilities assumed (including current portion)			(227,434)
Current liabilities			(5,416)
Fair value of net assets acquired			342,674
Bargain gain			$ 44,053

Acquisition of Navios Containers - Lease Future Amortization Income (Details) - USD ($) $ in Thousands	Aug. 25, 2021	Mar. 31, 2021
Business Combination and Asset Acquisition [Abstract]
Within One Year		$ (126,710)
Year Two		(52,501)
Year Three		(20,431)
Year Four		(12,462)
Year Five		(11,445)
Year Six		(941)
Total	$ (6,529)	$ (224,490)

Acquisition of Navios Containers - Acquired finite lived intangible (Details) - USD ($) $ in Thousands	Aug. 25, 2021	Mar. 31, 2021
Business Combination and Asset Acquisition [Abstract]
Unfavorable lease terms	$ (6,529)	$ (224,490)

Acquisition of Navios Acquisition - Schedule of recognized identified assets acquired and liabilities (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		8 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Aug. 25, 2021
Fair value of Navios Acquisition's assets acquired and liabilities assumed:
Favorable lease terms					$ 112,139
Bargain gain upon obtaining control	$ 0	$ 0	$ 0	$ 44,053
Navios Acquisition [Member]
Purchase consideration:
Fair value of the consideration					150,000
Fair value of noncontrolling interest (37.6%)					57,635
Total purchase price					207,635
Fair value of Navios Acquisition's assets acquired and liabilities assumed:
Vessels					1,003,040
Other long-term assets					27,291
Operating lease assets					128,619
Current assets (including cash and restricted cash of $32,394)					64,180
Favorable lease terms					112,139
Unfavorable lease terms					(6,529)
Long term debt and financial liabilities assumed (including current portion)					(811,608)
Operating lease liabilities (including current portion)					(128,619)
Current liabilities					(176,916)
Fair value of net assets acquired					211,597
Bargain gain upon obtaining control					$ 3,962

Acquisition of Navios Acquisition - Lease Future Amortization Income (Details) - USD ($) $ in Thousands	Aug. 25, 2021	Mar. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Within One Year		$ (126,710)
Year Two		(52,501)
Year Three		20,431
Year Four		12,462
Year Five		11,445
Year Six and thereafter		941
Total	$ (6,529)	$ (224,490)
Above Market Acquired Charters [Member]
Finite-Lived Intangible Assets [Line Items]
Within One Year	24,398
Year Two	18,232
Year Three	18,156
Year Four	17,702
Year Five	11,182
Year Six and thereafter	22,469
Total	112,139
Below Market Acquired Charters [Member]
Finite-Lived Intangible Assets [Line Items]
Within One Year	(4,672)
Year Two	(1,857)
Year Three	0
Year Four	0
Year Five	0
Year Six and thereafter	0
Total	$ (6,529)

Acquisition of Navios Acquisition - Acquired finite lived intangible (Details) - USD ($) $ in Thousands	Aug. 25, 2021	Mar. 31, 2021
Business Combination and Asset Acquisition [Abstract]
Favorable lease terms	$ 112,139
Unfavorable lease terms	$ (6,529)	$ (224,490)

Acquisition of Navios Containers and Navios Acquisition (Details Narrative) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended		8 Months Ended	9 Months Ended
	Jun. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Jun. 30, 2021 USD ($)	Mar. 31, 2021 USD ($) $ / shares shares	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Aug. 25, 2021 USD ($) $ / shares shares	Oct. 15, 2021 shares
Business Acquisition [Line Items]
Effective Date of Arrangements				Mar. 31, 2021
Business Combination, Bargain Purchase, Gain Recognized, Amount	$ 0		$ 0		$ 0	$ 44,053
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	118,160	$ 85,665	99,913	$ 136,679
Income (Loss) from Equity Method Investments	0		0		0	80,839
Business Acquisition, Transaction Costs	0		87		$ 0	$ 188
Upon the NNA Merger Agreement [Member] \| Limited Partner [Member] \| Navios Containers [Member]
Business Acquisition [Line Items]
Shares conversion rate								0.1275
Partners' Capital Account, Units, Sold in Public Offering \| shares								3,388,226
NMCI Merger [Member]
Business Acquisition [Line Items]
Equity Method Investment, Ownership Percentage				35.70%
Limited Partner [Member]
Business Acquisition [Line Items]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ 115,797	$ 83,952	$ 97,914	$ 133,946
Partners' Capital Account, Units, Acquisitions \| shares				8,133,452
NMCI Merger [Member]
Business Acquisition [Line Items]
Business Acquisition, Date of Acquisition Agreement				Dec. 31, 2020
Business Acquisition, Name of Acquired Entity				Navios Containers LP
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net				$ 342,674
Business Combination, Consideration Transferred, Including Equity Interest in Acquiree Held Prior to Combination				298,621
Business Combination, Bargain Purchase, Gain Recognized, Amount				$ 44,053
Relevant discount factor				0.0889
Business Combination, Step Acquisition, Equity Interest in Acquiree, Fair Value				$ 106,997
Business Acquisition, Share Price \| $ / shares				$ 9.23
Deconsolidation, Revaluation of Retained Investment, Gain (Loss), Amount				$ 75,387
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest				$ 5,452
Business Acquisition, Percentage of Voting Interests Acquired				64.30%
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable				$ 191,624
Partners' Capital Account, Units, Acquisitions \| shares				8,133,452
Navios Containers [Member] \| Limited Partner [Member]
Business Acquisition [Line Items]
Shares conversion rate				0.39
Business Acquisition, Share Price \| $ / shares				$ 23.56
NNA Merger [Member]
Business Acquisition [Line Items]
Business Acquisition, Date of Acquisition Agreement							Aug. 25, 2021
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net							$ 211,597
Business Combination, Bargain Purchase, Gain Recognized, Amount							$ 3,962
Relevant discount factor							0.1043
Business Acquisition, Share Price \| $ / shares							$ 2.17
Sale of Stock, Number of Shares Issued in Transaction \| shares							44,117,647
Ownership percentage after purchase of stock							62.40%
Fair value of the consideration							$ 150,000
Fair value of noncontrolling interest							$ 57,635

Cash and cash equivalents (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Cash and Cash Equivalents [Abstract]
Cash and cash equivalents	$ 163,362	$ 159,467
Restricted cash	11,262	9,979
Total cash and cash equivalents and restricted cash	$ 174,624	$ 169,446	$ 232,853	$ 30,728

Cash And Cash Equivalents (Details Narrative) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Cash and Cash Equivalents [Abstract]
Restricted cash	$ 11,262	$ 9,979

Vessels, Net (Details) $ in Thousands	6 Months Ended
Vessels, Net (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Property, Plant and Equipment [Line Items]
Beginning balance	$ 2,852,570
Ending balance	2,786,914
Vessels [Member] \| Cost [Member]
Property, Plant and Equipment [Line Items]
Beginning balance	3,220,627
Additions/ (Depreciation)	6,274
Ending balance	3,226,901
Vessels [Member] \| Accumulated Depreciation [Member]
Property, Plant and Equipment [Line Items]
Beginning balance	(368,057)
Additions/ (Depreciation)	(71,930)
Ending balance	(439,987)
Vessels [Member] \| Net Book Value [Member]
Property, Plant and Equipment [Line Items]
Beginning balance	2,852,570
Additions/ (Depreciation)	(65,656)
Ending balance	$ 2,786,914

Vessels, net (Details Narrative) $ in Thousands		1 Months Ended		2 Months Ended	3 Months Ended				4 Months Ended	5 Months Ended	6 Months Ended
Vessels, net (Details Narrative) $ in Thousands	Jan. 13, 2021 USD ($)	Feb. 10, 2021 USD ($)	Jan. 28, 2021 USD ($)	Feb. 28, 2022 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Mar. 30, 2021 USD ($)	Mar. 25, 2021 USD ($)	May 10, 2021 USD ($)	Jun. 04, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)
Property, Plant and Equipment [Line Items]
Working capital balances											$ 0	$ (5,766)
Proceeds from Sale of Property, Plant, and Equipment											0	32,692
Gain (Loss) on Disposition of Property Plant Equipment					$ 0	$ 0					0	$ 511
Navios Ray [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Property, Plant and Equipment [Line Items]
Vessel year built												2012
Vessel type												Capesize
Vessel capacity in DWT												179,515
Navios Bonavis [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Property, Plant and Equipment [Line Items]
Vessel year built												2009
Vessel type												Capesize
Vessel capacity in DWT												180,022
Navios Ray and Navios Bonavis [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Additions												$ 58,000
Navios Koyo [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Property, Plant and Equipment [Line Items]
Vessel year built										2011
Vessel type										Capesize
Vessel capacity in DWT										181,415
Property, Plant and Equipment, Additions										$ 28,567
Capitalized expenses										$ 67
Ete N [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Property, Plant and Equipment [Line Items]
Vessel year built									2012
Vessel type									Containership
Vessel capacity in TEU									2,782
Fleur N [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Property, Plant and Equipment [Line Items]
Vessel year built									2012
Vessel type									Containership
Vessel capacity in TEU									2,782
Spectrum N [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Property, Plant and Equipment [Line Items]
Vessel year built									2009
Vessel type									Containership
Vessel capacity in TEU									2,546
Ete N, Fleur N and Spectrum N [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Additions									$ 55,500
Navios Avior [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Property, Plant and Equipment [Line Items]
Vessel year built							2012
Vessel type							Panamax
Vessel capacity in DWT							81,355
Navios Centaurus [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Property, Plant and Equipment [Line Items]
Vessel year built							2012
Vessel type							Panamax
Vessel capacity in DWT							81,472
Navios Avior and Navios Centaurus [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Additions							$ 39,320
Capitalized expenses							70
Working capital balances							$ (5,766)
Joie N [Member]
Property, Plant and Equipment [Line Items]
Vessel year built								2011
Vessel type								Ultra-Handymax
Vessel capacity in DWT								56,557
Proceeds from Sale of Property, Plant, and Equipment								$ 8,190
Castor N [Member]
Property, Plant and Equipment [Line Items]
Vessel year built		2007
Vessel type		Containership
Vessel capacity in TEU		3,091
Proceeds from Sale of Property, Plant, and Equipment		$ 8,869
Solar N [Member]
Property, Plant and Equipment [Line Items]
Vessel year built			2006
Vessel type			Containership
Vessel capacity in TEU			3,398
Proceeds from Sale of Property, Plant, and Equipment			$ 11,074
Esperanza N [Member]
Property, Plant and Equipment [Line Items]
Vessel year built	2008
Vessel type	Containership
Vessel capacity in TEU	2,007
Proceeds from Sale of Property, Plant, and Equipment	$ 4,559
Navios Utmost and Navios Unite [Member]
Property, Plant and Equipment [Line Items]
Vessel year built				2006
Vessel type				Containerships
Vessel capacity in TEU				8,204
Proceeds from Sale of Property, Plant, and Equipment				$ 220,000
Management Agreement [Member]
Property, Plant and Equipment [Line Items]
Payments to Acquire Water and Waste Water Systems					$ 3,628	$ 1,398					$ 6,274	$ 4,865

Intangible Assets and Liabilities - Intangible Assets, Favorable Lease (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($)
Finite-Lived Intangible Assets [Line Items]
Beginning balance	$ 100,422
Ending balance	87,992
Cost [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance	195,854
Amortization for the period	0
Ending balance	195,854
Accumulated Depreciation [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance	(95,432)
Amortization for the period	(12,430)
Ending balance	(107,862)
Net Book Value [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance	100,422
Amortization for the period	(12,430)
Ending balance	$ 87,992

Intangible Assets and Liabilities - Amortization of Favorable Lease Terms (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Favorable lease terms	$ (5,565)	$ (292)	$ (12,430)	$ (583)
Total	$ (5,565)	$ (292)	$ (12,430)	$ (583)

Intangible Assets and Liabilities - Aggregate Amortizations of Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
2023	$ 18,483
2024	18,156
2025	17,702
2026	11,180
2027 and thereafter	22,471
Total	$ 87,992	$ 100,422

Intangible Assets And Liabilities - Intangible Liabilities, Unfavorable Lease (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Finite-Lived Intangible Assets [Line Items]
Beginning balance		$ 224,490
Beginning balance			$ 122,481
Amortization for the period	$ (17,587)	$ (42,026)	(39,426)	$ (42,026)
Ending balance	83,055		83,055
Cost [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance			231,019
Amortization for the period			0
Ending balance	231,019		231,019
Accumulated Depreciation [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance			(108,538)
Amortization for the period			(39,426)
Ending balance	(147,964)		(147,964)
Net Book Value [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance			122,481
Amortization for the period			(39,426)
Ending balance	$ 83,055		$ 83,055

Intangible Assets And Liabilities - Amortization of Unfavorable Lease Terms (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Finite-Lived Intangible Assets [Line Items]
Total	$ 17,587	$ 42,026	$ 39,426	$ 42,026
Below Market Lease [Member]
Finite-Lived Intangible Assets [Line Items]
Total	$ 17,587	$ 42,026	$ 39,426	$ 42,026

Intangible Assets And Liabilities - Aggregate Amortizations of Intangible Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
2023	$ 44,586
2024	16,792
2025	12,204
2026	9,473
Total	$ 83,055	$ 122,481

Intangible Assets And Liabilities (Details Narrative)	6 Months Ended
Intangible Assets And Liabilities (Details Narrative)	Jun. 30, 2022 USD ($)
Finite-Lived Intangible Liabilities [Member]
Impairment Effects on Earnings Per Share [Line Items]
Amortization method	straight line
Residual value	$ 0
Weighted average useful life	2 years 8 months 12 days
Finite-Lived Intangible Assets [Member]
Impairment Effects on Earnings Per Share [Line Items]
Amortization method	straight line
Residual value	$ 0
Weighted average useful life	5 years 10 months 24 days

Borrowings (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
Credit facilities	$ 799,796	$ 825,267
Financial liabilities	499,570	549,178
Total borrowings	1,299,366	1,374,445
Less: Current portion of long-term borrowings, net	(221,301)	(255,137)
Less: Deferred finance costs, net	(12,023)	(12,736)
Long-term borrowings, net	$ 1,066,042	$ 1,106,572

- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details

Borrowings - Maturities of Long Term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
2023	$ 225,844
2024	293,367
2025	375,070
2026	171,492
2027 and thereafter	233,593
Total borrowings	$ 1,299,366	$ 1,374,445

Borrowings (Details Narrative) - USD ($) $ in Thousands	6 Months Ended
Borrowings (Details Narrative) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021
Debt Instrument [Line Items]
Long-Term Debt	$ 1,287,343		$ 1,361,709
Outstanding balance	799,796		825,267
Finance Lease, Liability	499,570		549,178
Restricted Cash and Cash Equivalents, Current	$ 11,262		$ 9,979
Debt Instrument, Covenant Description	The Company’s credit facilities and certain financial liabilities also require compliance with a number of financial covenants, including: (i) maintain a required security ranging over 105% to 140%; (ii) minimum free consolidated liquidity in an amount equal to $500 per owned vessel and a number of vessels as defined in the Company’s credit facilities and financial liabilities; (iii) maintain a ratio of EBITDA to interest expense of at least 2.00:1.00; (iv) maintain a ratio of total liabilities or total debt to total assets (as defined in the Company’s credit facilities and financial liabilities) ranging from less than 0.75 to 0.80; and (v) maintain a minimum net worth ranging from $30,000 to $135,000.
Debt Instrument, Covenant Compliance	As of June 30, 2022, Navios Partners was in compliance with the financial covenants and/or the prepayments and/or the cure provisions, as applicable, in each of its credit facilities and certain financial liabilities.
Long-Term Debt, Weighted Average Interest Rate, at Point in Time	3.98%	4.27%		3.90%	3.90%
Amounts Held As Security [Member]
Debt Instrument [Line Items]
Restricted Cash and Cash Equivalents, Current	$ 10,078
Upon Acquisition Of Navios Acquisition [Member] \| Sale and Leaseback Agreements $90,811 [Member]
Debt Instrument [Line Items]
Debt Instrument, Description of Variable Rate Basis	LIBOR plus a margin
Line of Credit Facility, Frequency of Payments	quarterly
Maturity date	three to six years
Line of Credit Facility, Periodic Payment	$ 1,834
Sale Leaseback Transaction, Date	October 2019
Finance Lease, Liability	$ 90,811
Vessels financed	six product tankers
Month of prepayment	May 2022
Prepayment of sale and leaseback transaction	$ 11,295
Outstanding balance under sale and leaseback transaction	51,250
Purchase Obligation	$ 16,500
Minimum [Member] \| Upon Acquisition Of Navios Acquisition [Member] \| Sale and Leaseback Agreements $90,811 [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	3.35%
Maximum [Member] \| Upon Acquisition Of Navios Acquisition [Member] \| Sale and Leaseback Agreements $90,811 [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	3.55%
Credit Facilities [Member]
Debt Instrument [Line Items]
Outstanding balance	$ 799,796
Description of scope, credit facility	The purpose of the facilities was to finance the acquisition of vessels or refinance existing indebtedness.
Debt Instrument, Description of Variable Rate Basis	interest rate (as defined in the loan agreement)
Line of Credit Facility, Frequency of Payments	semi-annual or quarterly installments
Description of collateral	Amounts drawn under the credit facilities are secured by first preferred mortgages on certain Navios Partners’ vessels and other collateral and are guaranteed by the respective vessel-owning subsidiaries.
Credit Facilities [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.25%
Maturity date	second quarter of 2023
Credit Facilities [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	3.10%
Maturity date	second quarter of 2027
Hellenic Bank Public Company Limited [Member]
Debt Instrument [Line Items]
Outstanding balance	$ 25,235
Description of scope, credit facility	to refinance the existing indebtedness of five of its vessels and for working capital purposes
Debt Instrument, Description of Variable Rate Basis	Term Secured Overnight Financing Rate (“SOFR”) plus credit adjustment spread plus 250 bps per annum
Maturity date	second quarter of 2027
Line of Credit Facility, Initiation Date	May 09, 2022
Line of Credit Facility, Maximum Borrowing Capacity	$ 25,235
Drawn down date	May 11, 2022
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid	$ 5,000
Hellenic Bank Public Company Limited [Member] \| First Installment [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Periodic Payment	$ 1,455
Hellenic Bank Public Company Limited [Member] \| Next 13 Installments [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Frequency of Payments	quarterly
Line of Credit Facility, Periodic Payment	$ 1,035
Hellenic Bank Public Company Limited [Member] \| Next 5 Installments [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Frequency of Payments	quarterly
Line of Credit Facility, Periodic Payment	$ 895
Hellenic Bank Public Company Limited [Member] \| Last Installment [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Periodic Payment	850
Skandinaviska Enskilda Banken AB [Member]
Debt Instrument [Line Items]
Outstanding balance	$ 55,000
Description of scope, credit facility	to refinance the existing indebtedness of four of its vessels and for general corporate purposes
Debt Instrument, Description of Variable Rate Basis	SOFR plus 225 bps per annum.
Line of Credit Facility, Frequency of Payments	quarterly
Maturity date	second quarter of 2027
Line of Credit Facility, Initiation Date	Jun. 29, 2022
Line of Credit Facility, Maximum Borrowing Capacity	$ 55,000
Drawn down date	June 30, 2022
Line of Credit Facility, Periodic Payment	$ 1,960
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid	$ 17,760
Repayment installments	19
ABN Amro Bank N.V. [Member]
Debt Instrument [Line Items]
Outstanding balance	$ 53,300
Description of scope, credit facility	to refinance the existing indebtedness of three of its vessels and for general corporate purposes
Debt Instrument, Description of Variable Rate Basis	bears interest at daily cumulative or non-cumulative compounded RFR rate (as defined in the loan agreement) plus 225 bps per annum
Line of Credit Facility, Frequency of Payments	quarterly
Maturity date	first quarter of 2027
Line of Credit Facility, Initiation Date	Mar. 28, 2022
Line of Credit Facility, Maximum Borrowing Capacity	$ 55,000
Drawn down date	March 31, 2022
Line of Credit Facility, Periodic Payment	$ 1,700
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid	$ 21,000
Repayment installments	19

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Cash and cash equivalents - Book Value	$ 163,362	$ 159,467
Cash and cash equivalents - Fair Value	163,362	159,467
Restricted cash - Book Value	11,262	9,979
Restricted cash - Fair Value	11,262	9,979
Amounts due from related parties, short-term - Book Value	14,722	0
Amounts due from related parties, short-term - Fair Value	14,722	0
Amounts due from related parties, long-term - Book Value	36,302	35,245
Amounts due from related parties, long-term - Fair Value	36,302	35,245
Amounts due to related parties, short-term - Book Value	0	(64,204)
Amounts due to related parties, short-term - Fair Value	0	(64,204)
Long-term borrowings, including current portion, net - Book Value	(1,287,343)	(1,361,709)
Long-term borrowings, including current portion, net - Fair Value	$ (1,299,366)	$ (1,374,445)

Fair Value Measurements on a Nonrecurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents - Fair Value	$ 163,362	$ 159,467
Restricted cash - Fair Value	11,262	9,979
Amounts due from related parties, short-term - Fair Value	14,722	0
Amounts due from related parties, long-term - Fair Value	36,302	35,245
Long-term borrowings, net - Fair Value	(1,299,366)	(1,374,445)
Amounts due to related parties, short-term - Fair Value	0	(64,204)
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents - Fair Value	163,362	159,467
Restricted cash - Fair Value	11,262	9,979
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amounts due from related parties, short-term - Fair Value	14,722
Amounts due from related parties, long-term - Fair Value	36,302	35,245
Long-term borrowings, net - Fair Value	$ (1,299,366)	(1,374,445)
Amounts due to related parties, short-term - Fair Value		$ (64,204)

Issuance of Units (Details Narrative) $ in Thousands	3 Months Ended				5 Months Ended	6 Months Ended		9 Months Ended	11 Months Ended	12 Months Ended
Issuance of Units (Details Narrative) $ in Thousands	Jun. 30, 2022 USD ($) shares	Jun. 30, 2021 USD ($)	Apr. 09, 2021 USD ($)	Mar. 31, 2021 USD ($)	May 21, 2021 USD ($)	Jun. 30, 2022 USD ($) shares	Jun. 30, 2021 USD ($) shares	Oct. 15, 2021 shares	Nov. 18, 2016 USD ($)	Dec. 31, 2021 USD ($) shares
Net proceeds from the issuance of common units						$ 0	$ 172,938
Net proceeds from the issuance of units		$ 166,650		$ 9,908
Share-Based Payment Arrangement, Noncash Expense						82	234
Estimated compensation cost related to non-vested restricted common units	$ 84					$ 84
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number \| shares	42,916					42,916
Authorized December 2018, December 2019 and February 2019 [Member] \| Directors and officers \| Restricted Stock Units (RSUs) [Member]
Share-Based Payment Arrangement, Noncash Expense	$ 40					$ 82
Authorized December 2017, December 2018, December 2019 and February 2019 [Member] \| Directors and officers \| Restricted Stock Units (RSUs) [Member]
Share-Based Payment Arrangement, Noncash Expense		$ 116					$ 234
Limited Partner [Member] \| Upon the NMCI Merger Agreement [Member] \| Navios Containers [Member]
Common units issued \| shares						8,133,452
Shares conversion rate						0.39
Limited Partner [Member] \| Upon the NNA Merger Agreement [Member] \| Navios Containers [Member]
Common units issued \| shares								3,388,226
Shares conversion rate								0.1275
General Partner [Member] \| Upon the NMCI Merger Agreement [Member]
General partnership units issued \| shares						165,989
Net proceeds from the issuance of units						$ 3,911
General Partner [Member] \| Upon the NNA Merger Agreement [Member]
Common units issued \| shares						69,147
Net proceeds from the issuance of units						$ 1,893
$110.0m Sales Agreement [Member] \| Limited Partner [Member]
Maximum aggregate offering price					$ 110,000
Common units issued \| shares							2,914,022			3,963,249
Net proceeds from the issuance of common units							$ 78,134			$ 103,691
$110.0m Sales Agreement [Member] \| General Partner [Member]
General partnership units issued \| shares							59,470			80,883
Description of the issuance scope						in order to maintain its 2.0% ownership interest
Net proceeds from the issuance of units							$ 1,636			$ 2,172
$75.0m Sales Agreement [Member] \| Limited Partner [Member]
Maximum aggregate offering price			$ 75,000
Common units issued \| shares							2,437,624			2,437,624
Net proceeds from the issuance of common units							$ 73,117			$ 73,117
$75.0m Sales Agreement [Member] \| General Partner [Member]
General partnership units issued \| shares							49,747			49,747
Description of the issuance scope						in order to maintain its 2.0% ownership interest
Net proceeds from the issuance of units							$ 1,530			$ 1,530
Continuous Offering Program Sales Agreement [Member] \| Limited Partner [Member]
Maximum aggregate offering price									$ 25,000
Common units issued \| shares							1,286,857			1,286,857
Net proceeds from the issuance of common units							$ 23,918			$ 23,918
Continuous Offering Program Sales Agreement [Member] \| General Partner [Member]
General partnership units issued \| shares							26,265			26,265
Description of the issuance scope						in order to maintain its 2.0% ownership interest
Net proceeds from the issuance of units							$ 501			$ 501

Segment Information - Revenue by Geographic Region (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 280,661	$ 152,009	$ 517,278	$ 217,072
Asia [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	180,047	86,858	321,244	124,940
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	77,047	51,803	150,963	72,465
North America [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 23,567	$ 13,348	$ 45,071	$ 19,667

- Definition

+ References

+ Details

Commitments and Contingencies - Future minimum contractual obligations (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2023	$ 53,366
2024	64,200
2025	63,725
2026	63,509
2027	62,925
2028 and thereafter	418,545
Total	$ 726,270

Commitments and Contingencies (Details Narrative) $ in Thousands	1 Months Ended		3 Months Ended			4 Months Ended		5 Months Ended	6 Months Ended				7 Months Ended		8 Months Ended	9 Months Ended			10 Months Ended	11 Months Ended			12 Months Ended
	Jan. 28, 2022 USD ($)	Jan. 25, 2021 USD ($)	Mar. 31, 2022 USD ($)	Mar. 25, 2021 USD ($)	Mar. 31, 2019 USD ($)	Apr. 30, 2022 USD ($)	Apr. 30, 2021 USD ($)	May 31, 2022 USD ($)	Jun. 30, 2022 USD ($)	Jul. 02, 2021 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2020 USD ($)	Aug. 13, 2021 USD ($)	Jul. 31, 2021 USD ($)	Aug. 31, 2021 USD ($)	Oct. 01, 2021 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2018 USD ($)	Oct. 18, 2019 USD ($)	Nov. 30, 2021 USD ($)	Nov. 15, 2021 USD ($)	Nov. 30, 2017 USD ($)	Dec. 20, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Dec. 31, 2021 USD ($)
Property, Plant and Equipment [Line Items]
Increase (Decrease) in Deposits Outstanding									$ 55,586		$ 4,965
Other Assets, Noncurrent									48,689																			$ 48,168
Contractual Obligation									726,270
Escrow Deposit Disbursements Related to Property Acquisition									6,316		$ 0
Deposits Assets, Noncurrent									107,526																			$ 46,335
Navios Libra [Member] \| Bareboat charter-in contract [Member]
Property, Plant and Equipment [Line Items]
Lessee, Operating Lease, Description																						ten-year
Vessel type																						Panamax
Vessel capacity in DWT																						82,011
Delivery date																						Jul. 24, 2019
Increase (Decrease) in Deposits Outstanding																						$ 5,540
Repayments of Debt																										$ 2,770	$ 2,770
Other Assets, Noncurrent									6,451
Navios Amitie and Navios Star [Member] \| Bareboat charter-in contract [Member]
Property, Plant and Equipment [Line Items]
Lessee, Operating Lease, Description																			ten-year
Increase (Decrease) in Deposits Outstanding																			$ 12,328
Repayments of Debt																								$ 10,034	$ 1,434
Other Assets, Noncurrent									13,648
Number of vessels																			2
Contractual Obligation									860
Navios Star [Member] \| Bareboat charter-in contract [Member]
Property, Plant and Equipment [Line Items]
Vessel type																			Panamax
Vessel capacity in DWT																			81,994
Delivery date																			Jun. 10, 2021
Navios Amitie [Member] \| Bareboat charter-in contract [Member]
Property, Plant and Equipment [Line Items]
Vessel type																			Panamax
Vessel capacity in DWT																			82,002
Delivery date																			May 28, 2021
Three Capesize Vessels [Member] \| Bareboat charter-in contract [Member]
Property, Plant and Equipment [Line Items]
Lessee, Operating Lease, Description		15-year
Vessel capacity in DWT		180,000
Increase (Decrease) in Deposits Outstanding		$ 10,500
Repayments of Debt															$ 5,250
Other Assets, Noncurrent									5,508
Number of vessels		3
Contractual Obligation									5,250
Date of expected delivery of vessel		second half of 2022 and the first half of 2023
Capesize Vessel [Member] \| Bareboat charter-in contract [Member]
Property, Plant and Equipment [Line Items]
Lessee, Operating Lease, Description				15-year
Vessel capacity in DWT				180,000
Increase (Decrease) in Deposits Outstanding				$ 3,500
Repayments of Debt															$ 1,750
Other Assets, Noncurrent									1,820
Number of vessels				1
Contractual Obligation									1,750
Date of expected delivery of vessel				first half of 2023
Capesize Vessel II [Member] \| Bareboat charter-in contract [Member]
Property, Plant and Equipment [Line Items]
Lessee, Operating Lease, Description											ten-year
Vessel capacity in DWT											180,000
Increase (Decrease) in Deposits Outstanding											$ 12,000
Repayments of Debt																	$ 6,000
Other Assets, Noncurrent									6,348
Number of vessels											1
Contractual Obligation									6,000
Date of expected delivery of vessel											second half of 2022
Panamax Vessel [Member] \| Bareboat charter-in contract [Member]
Property, Plant and Equipment [Line Items]
Lessee, Operating Lease, Description																							ten-year
Vessel capacity in DWT																							82,003
Delivery date																							Jul. 27, 2022
Increase (Decrease) in Deposits Outstanding																							$ 6,316
Repayments of Debt							$ 3,158
Contractual Obligation			$ 3,158
Deposits Assets, Noncurrent									12,632
Four 5,300 TEU newbuilding containerships [Member]
Property, Plant and Equipment [Line Items]
Increase (Decrease) in Deposits Outstanding										$ 18,480
Repayments of Debt								$ 12,320					$ 24,640
Contractual Obligation									43,120
Date of expected delivery of vessel										second half of 2023 and first half of 2024
Deposits Assets, Noncurrent									36,960
Vessel capacity in TEU										5,300
Property, Plant and Equipment, Additions										$ 61,600
Repayment installments										3
Repayments of debt installment for each vessel													$ 6,160
Two 5,300 TEU newbuilding containerships [Member] \| Exercise Of Option [Member]
Property, Plant and Equipment [Line Items]
Increase (Decrease) in Deposits Outstanding																$ 18,480
Repayments of Debt																					$ 12,320
Contractual Obligation									43,120
Date of expected delivery of vessel																second half of 2024
Deposits Assets, Noncurrent									12,320
Vessel capacity in TEU																5,300
Property, Plant and Equipment, Additions																$ 61,600
Repayment installments																3
Repayments of debt installment for each vessel																					$ 6,160
Four Newbuilding Containerships II [Member]
Property, Plant and Equipment [Line Items]
Increase (Decrease) in Deposits Outstanding																				$ 25,130
Repayments of Debt			$ 12,565						18,848
Contractual Obligation									37,695
Date of expected delivery of vessel																				second half of 2023 and in 2024
Deposits Assets, Noncurrent									31,413
Vessel capacity in TEU																				5,300
Property, Plant and Equipment, Additions																				$ 62,825
Repayment installments																				4
Panamax Vessel II [Member] \| Bareboat charter-in contract [Member]
Property, Plant and Equipment [Line Items]
Lessee, Operating Lease, Description	ten-year
Vessel capacity in DWT	81,000
Increase (Decrease) in Deposits Outstanding	$ 6,860
Repayments of Debt						$ 3,430								$ 3,430
Date of expected delivery of vessel	first half of 2023
Deposits Assets, Noncurrent									6,860
Aframax/ LR2 Vessels [Member]
Property, Plant and Equipment [Line Items]
Vessel capacity in DWT						115,000
Increase (Decrease) in Deposits Outstanding						$ 23,400
Number of vessels						4
Contractual Obligation						$ 35,100
Date of expected delivery of vessel						during 2024 and the first quarter of 2025
Property, Plant and Equipment, Additions						$ 58,500
Repayment installments						4
Additional features						$ 4,158
LNG [Member]
Property, Plant and Equipment [Line Items]
Increase (Decrease) in Deposits Outstanding									$ 48,244
Number of vessels									2
Contractual Obligation									$ 72,366
Date of expected delivery of vessel									second half of 2024
Vessel capacity in TEU									7,700
Property, Plant and Equipment, Additions									$ 120,610
Repayment installments									4
Baghdad VLCC and Erbil VLCC [Member] \| Upon Acquisition Of Navios Acquisition [Member]
Property, Plant and Equipment [Line Items]
Lessee, Operating Lease, Description																		12-year
Other Assets, Noncurrent									$ 2,642
Number of vessels																		2
Baghdad VLCC [Member] \| Upon Acquisition Of Navios Acquisition [Member]
Property, Plant and Equipment [Line Items]
Vessel capacity in DWT																		313,433
Date of expected delivery of vessel																		October 28, 2020
Charter hire daily rate																		$ 21
Ebril VLCC [Member] \| Upon Acquisition Of Navios Acquisition [Member]
Property, Plant and Equipment [Line Items]
Vessel capacity in DWT																		313,486
Date of expected delivery of vessel																		February 17, 2021
Charter hire daily rate																		$ 21
Nave Electron VLCC [Member] \| Upon Acquisition Of Navios Acquisition [Member]
Property, Plant and Equipment [Line Items]
Lessee, Operating Lease, Description					12-year
Vessel capacity in DWT					313,239
Other Assets, Noncurrent									1,900
Date of expected delivery of vessel					August 30, 2021
Charter hire daily rate					$ 21
Nave Celeste [Member] \| Upon Acquisition Of Navios Acquisition [Member]
Property, Plant and Equipment [Line Items]
Lessee, Operating Lease, Description												12-year
Vessel capacity in DWT												313,418
Delivery date												Jul. 05, 2022
Other Assets, Noncurrent									$ 294
Charter hire daily rate												$ 21

Transactions with related parties and affiliates (Details Narrative)		3 Months Ended			4 Months Ended	5 Months Ended	6 Months Ended		7 Months Ended	8 Months Ended	12 Months Ended
	Jan. 07, 2022 USD ($)	Jun. 30, 2022 USD ($) shares	Jun. 30, 2021 USD ($)	Mar. 30, 2021 USD ($)	May 10, 2021 USD ($)	Jun. 04, 2021 USD ($)	Jun. 30, 2022 USD ($) shares	Jun. 30, 2021 USD ($)	Jul. 25, 2022 USD ($)	Aug. 31, 2021 USD ($)	Dec. 31, 2021 USD ($)	Jul. 31, 2022	Mar. 31, 2021
Related Party Transaction [Line Items]
Extraordinary fees and costs expenses related other expense		$ 2,342,000					$ 5,297,000
Professional and Contract Services Expense		73,989,000	$ 41,771,000				147,161,000	$ 64,733,000
General and Administrative Expense		14,170,000	10,319,000				28,086,000	15,226,000
Due from Related Parties, Current		14,722,000					14,722,000				$ 0
Due from Related Parties, Noncurrent		36,302,000					36,302,000				35,245,000
Due to Related Parties, Current		$ 0					0				64,204,000
Working capital balances							$ 0	$ (5,766,000)
Common Stock, Shares, Issued \| shares		8,823,529					8,823,529
Common Stock, Value, Issued		$ 30,000,000					$ 30,000,000
Navios Acquisition [Member] \| NSM Loan Agreement [Member]
Related Party Transaction [Line Items]
Line of Credit Facility, Initiation Date							Mar. 19, 2021
Line of Credit Facility, Maximum Borrowing Capacity		$ 100,000,000					$ 100,000,000
Description of scope, credit facility							to be used for general corporate purposes
Repayment period							two years
Debt Instrument, Basis Spread on Variable Rate							11.00%
Debt Instrument, Frequency of Periodic Payment							quarterly
Navios Acquisition Credit Facility [Member]
Related Party Transaction [Line Items]
Line of Credit Facility, Initiation Date							Aug. 24, 2021
Proceeds from Lines of Credit							$ 45,000,000
Debt Instrument, Interest Rate, Stated Percentage		11.50%					11.50%
Eliminated amount upon consolidation											45,000,000
Navios Containers [Member]
Related Party Transaction [Line Items]
Number of vessels acquired													29
Navios Ray [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Related Party Transaction [Line Items]
Vessel year built								2012
Vessel type								Capesize
Vessel capacity in DWT								179,515
Navios Bonavis [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Related Party Transaction [Line Items]
Vessel year built								2009
Vessel type								Capesize
Vessel capacity in DWT								180,022
Navios Ray and Navios Bonavis [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Related Party Transaction [Line Items]
Property, Plant and Equipment, Additions								$ 58,000,000
Navios Koyo [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Related Party Transaction [Line Items]
Vessel year built						2011
Vessel type						Capesize
Vessel capacity in DWT						181,415
Property, Plant and Equipment, Additions						$ 28,567,000
Capitalized expenses						$ 67,000
Ete N [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Related Party Transaction [Line Items]
Vessel year built					2012
Vessel type					Containership
Vessel capacity in TEU					2,782
Fleur N [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Related Party Transaction [Line Items]
Vessel year built					2012
Vessel type					Containership
Vessel capacity in TEU					2,782
Spectrum N [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Related Party Transaction [Line Items]
Vessel year built					2009
Vessel type					Containership
Vessel capacity in TEU					2,546
Ete N, Fleur N and Spectrum N [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Related Party Transaction [Line Items]
Property, Plant and Equipment, Additions					$ 55,500,000
Navios Avior [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Related Party Transaction [Line Items]
Vessel year built				2012
Vessel type				Panamax
Vessel capacity in DWT				81,355
Navios Centaurus [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Related Party Transaction [Line Items]
Vessel year built				2012
Vessel type				Panamax
Vessel capacity in DWT				81,472
Navios Avior and Navios Centaurus [Member] \| Upon Acquisition Of Navios Acquisition And The Completion Of NMCI Merger [Member]
Related Party Transaction [Line Items]
Property, Plant and Equipment, Additions				$ 39,320,000
Capitalized expenses				70,000
Working capital balances				$ (5,766,000)
Management Agreement [Member]
Related Party Transaction [Line Items]
Additional option for automatic renewal							5 years
Daily management fee									$ 25.000
Technical and commercial management daily fee							$ 50.00
Annual growth factor of management fees							3.00%
Number of vessels												36
Payments to Acquire Water and Waste Water Systems		$ 3,628,000	1,398,000				$ 6,274,000	4,865,000
Management Agreement [Member] \| Ultra Handymax Vessels [Member] \| Upon Completion Of The Mergers [Member]
Related Party Transaction [Line Items]
Daily management fee							4,480				4,350
Management Agreement [Member] \| Panamax Vessels [Member] \| Upon Completion Of The Mergers [Member]
Related Party Transaction [Line Items]
Daily management fee							4,580				4,450
Management Agreement [Member] \| Capesize Vessels [Member] \| Upon Completion Of The Mergers [Member]
Related Party Transaction [Line Items]
Daily management fee							5,570				5,410
Management Agreement [Member] \| Containership Vessels of TEU 6,800 [Member] \| Upon Completion Of The Mergers [Member]
Related Party Transaction [Line Items]
Daily management fee							7,110				6,900
Management Agreement [Member] \| Containership of TEU 3,000 up to 4,999 [Member] \| Upon completion of the NMCI Merger [member]
Related Party Transaction [Line Items]
Daily management fee							6,220
Management Agreement [Member] \| Containership of TEU 8,000 up to 9,999 [Member] \| Upon completion of the NMCI Merger [member]
Related Party Transaction [Line Items]
Daily management fee							7,780
Management Agreement [Member] \| Containership of TEU 8,000 up to 9,999 [Member] \| Upon Completion Of The Mergers [Member]
Related Party Transaction [Line Items]
Daily management fee							8,010.00				7,780
Management Agreement [Member] \| Containership of TEU 10,000 up to 11,999 [Member] \| Upon completion of the NMCI Merger [member]
Related Party Transaction [Line Items]
Daily management fee							8,270
Management Agreement [Member] \| Containership of TEU 10,000 up to 11,999 [Member] \| Upon Completion Of The Mergers [Member]
Related Party Transaction [Line Items]
Daily management fee							8,520				8,270
Management Agreement [Member] \| MR1 and MR2 product tankers and chemical tankers [Member] \| Upon Acquisition Of Navios Acquisition [Member]
Related Party Transaction [Line Items]
Daily management fee							6,830
Management Agreement [Member] \| MR1 and MR2 product tankers and chemical tankers [Member] \| Upon Completion Of The Mergers [Member]
Related Party Transaction [Line Items]
Daily management fee							7,030.00				6,830
Management Agreement [Member] \| LR1 Product Tanker [Member] \| Upon Acquisition Of Navios Acquisition [Member]
Related Party Transaction [Line Items]
Daily management fee							7,230
Management Agreement [Member] \| LR1 Product Tanker [Member] \| Upon Completion Of The Mergers [Member]
Related Party Transaction [Line Items]
Daily management fee							7,440				7,230
Management Agreement [Member] \| VLCC [Member] \| Upon Acquisition Of Navios Acquisition [Member]
Related Party Transaction [Line Items]
Daily management fee							9,650
Management Agreement [Member] \| VLCC [Member] \| Upon Completion Of The Mergers [Member]
Related Party Transaction [Line Items]
Daily management fee							9,940				9,650
Management Agreement [Member] \| Container vessel of 1,300 TEU to 3,400 TEU [Member] \| Upon Completion Of The Mergers [Member]
Related Party Transaction [Line Items]
Daily management fee							6,280				6,100
Management Agreement [Member] \| Containership of TEU 3,450 up to 4,999 [Member] \| Upon Completion Of The Mergers [Member]
Related Party Transaction [Line Items]
Daily management fee							6,400				6,220
Extended Management Agreement [Member] \| Ultra Handymax Vessels [Member] \| From January 1, 2020 [Member]
Related Party Transaction [Line Items]
Daily management fee							4,350
Extended Management Agreement [Member] \| Panamax Vessels [Member] \| From January 1, 2020 [Member]
Related Party Transaction [Line Items]
Daily management fee							4,450
Extended Management Agreement [Member] \| Capesize Vessels [Member] \| From January 1, 2020 [Member]
Related Party Transaction [Line Items]
Daily management fee							5,410
Extended Management Agreement [Member] \| Containership Vessels of TEU 6,800 [Member] \| From January 1, 2020 [Member]
Related Party Transaction [Line Items]
Daily management fee							6,900
Extended Management Agreement [Member] \| Panamax and Sub-panamax Containerships [Member] \| From January 1, 2020 [Member]
Related Party Transaction [Line Items]
Daily management fee							6,100
Navios Holdings [Member]
Related Party Transaction [Line Items]
General and Administrative Expense		10,318,000	$ 6,113,000				20,523,000	$ 9,798,000
Due from Related Parties		51,024,000					51,024,000				35,245,000
Due from Related Parties, Current		14,722,000					14,722,000				0
Due from Related Parties, Noncurrent		36,302,000					36,302,000				35,245,000
Due to Related Parties, Current		$ 0					$ 0				$ 64,204,000
NNA Merger [Member] \| Supplemental Loan Agreement [Member]
Related Party Transaction [Line Items]
Description of scope, credit facility							to amend the NSM Loan Agreement
Repayments of Debt	$ 33,112,000									$ 35,000,000

Cash distributions and earnings per unit - Schedule Of Incentive Distributions Made To General Partners Or Unitholders By Distribution (Details)	6 Months Ended
	Jun. 30, 2022 $ / shares
Minimum Quarterly Distribution [Member] \| Incentive Distribution Right Holder [Member]
Percentage allocations of the additional available cash	0.00%
First Target Distribution [Member] \| Incentive Distribution Right Holder [Member]
Percentage allocations of the additional available cash	0.00%
Second Target Distribution [Member] \| Incentive Distribution Right Holder [Member]
Percentage allocations of the additional available cash	13.00%
Third Target Distribution [Member] \| Incentive Distribution Right Holder [Member]
Percentage allocations of the additional available cash	23.00%
Thereafter [Member] \| Incentive Distribution Right Holder [Member]
Percentage allocations of the additional available cash	48.00%
Total Quarterly Distribution Target Amount [Member] \| Minimum Quarterly Distribution [Member]
Distribution Per Unit	$ 5.25
Total Quarterly Distribution Target Amount [Member] \| First Target Distribution [Member]
Distribution Per Unit	6.0375
Total Quarterly Distribution Target Amount [Member] \| Second Target Distribution [Member] \| Minimum [Member]
Distribution Per Unit	6.0375
Total Quarterly Distribution Target Amount [Member] \| Second Target Distribution [Member] \| Maximum [Member]
Distribution Per Unit	6.5625
Total Quarterly Distribution Target Amount [Member] \| Third Target Distribution [Member] \| Minimum [Member]
Distribution Per Unit	6.5625
Total Quarterly Distribution Target Amount [Member] \| Third Target Distribution [Member] \| Maximum [Member]
Distribution Per Unit	7.875
Total Quarterly Distribution Target Amount [Member] \| Thereafter [Member]
Distribution Per Unit	$ 7.875
Limited Partner [Member] \| Minimum Quarterly Distribution [Member]
Percentage allocations of the additional available cash	98.00%
Limited Partner [Member] \| First Target Distribution [Member]
Percentage allocations of the additional available cash	98.00%
Limited Partner [Member] \| Second Target Distribution [Member]
Percentage allocations of the additional available cash	85.00%
Limited Partner [Member] \| Third Target Distribution [Member]
Percentage allocations of the additional available cash	75.00%
Limited Partner [Member] \| Thereafter [Member]
Percentage allocations of the additional available cash	50.00%
General Partner [Member] \| Minimum Quarterly Distribution [Member]
Percentage allocations of the additional available cash	2.00%
General Partner [Member] \| First Target Distribution [Member]
Percentage allocations of the additional available cash	2.00%
General Partner [Member] \| Second Target Distribution [Member]
Percentage allocations of the additional available cash	2.00%
General Partner [Member] \| Third Target Distribution [Member]
Percentage allocations of the additional available cash	2.00%
General Partner [Member] \| Thereafter [Member]
Percentage allocations of the additional available cash	2.00%

Cash distribution and earnings per unit - Schedule of earnings per unit, Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Net income	$ 118,160	$ 99,913	$ 203,825	$ 236,592
Limited Partner [Member]
Net income	$ 115,797	$ 97,914	$ 199,749	$ 231,860
Income attributable to:
Weighted average units outstanding basic	30,154,171	22,653,219	30,154,171	17,041,426
Earnings per unit basic	$ 3.84	$ 4.32	$ 6.62	$ 13.61
Weighted average units outstanding diluted	30,197,087	22,739,569	30,197,087	17,127,776
Earnings per unit diluted	3.83	4.31	6.61	13.54
Earnings per unit distributed basic	0.05	0.05	0.10	0.10
Earnings per unit distributed diluted	$ 0.05	$ 0.05	$ 0.10	$ 0.10

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(22))
-URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22595-107794

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(18))
-URI https://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126732423&loc=SL123482106-238011

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=124431353&loc=SL124452729-227067

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
-URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3602-108585

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 9
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22663-107794

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 17: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22583-107794

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126958026&loc=SL5780133-109256

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 8
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22658-107794

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669619-108580

Reference 25: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI https://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669625-108580

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442526-122756

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-URI https://asc.fasb.org/extlink&oid=126975872&loc=SL124442552-122756

Reference 34: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

Reference 35: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

+ Details

Cash distributions and earnings per unit (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended		4 Months Ended		6 Months Ended		7 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Apr. 30, 2022	Apr. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Jul. 31, 2022	Jul. 31, 2021
Distribution Made to Limited Liability Company (LLC) Member [Line Items]
Description of the distribution amount per unit for all classes of units					The first 98% of the quarterly distribution is paid to all common unitholders. The incentive distributions rights (held by Navios GP L.L.C.) apply only after a minimum quarterly distribution of $6.0375 per unit.
Potential common units					42,916	86,350
Quarterly Cash Distribution [Member]
Distribution Made to Limited Liability Company (LLC) Member [Line Items]
Distribution Made to Limited Liability Company (LLC) Member, Distributions Declared, Per Unit	$ 0.05	$ 0.05	$ 0.05	$ 0.05			$ 0.05	$ 0.05
Distribution Made to Limited Partner, Distribution Date	Feb. 11, 2022	Feb. 12, 2021	May 12, 2022	May 14, 2021			Aug. 12, 2022	Aug. 12, 2021
Distribution Made to Limited Partner, Date of Record	Feb. 09, 2022	Feb. 09, 2021	May 09, 2022	May 11, 2021			Aug. 09, 2022	Aug. 09, 2021
Distribution Made to Limited Partner, Cash Distributions Paid	$ 1,541	$ 579	$ 1,541	$ 1,127			$ 1,541	$ 1,384

Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Leases
2023	$ 30,558
2024	30,615
2025	30,356
2026	30,368
2027 and thereafter	181,207
Total	303,104
Operating lease liabilities, including current portion	234,867	$ 243,804
Discount based on incremental borrowing rate	$ 68,237

Leases (Details Narrative)	3 Months Ended		5 Months Ended		6 Months Ended		7 Months Ended	8 Months Ended
Leases (Details Narrative)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 10, 2021 USD ($)	May 28, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jul. 24, 2019 USD ($)	Aug. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Operating Lease, Liability	$ 234,867,000				$ 234,867,000				$ 243,804,000
Operating Lease, Right-of-Use Asset	235,822,000				235,822,000				$ 244,337,000
Operating Lease, Expense	7,702,000	$ 841,000			15,319,000	$ 1,354,000
Sublease Income	18,117,000	3,917,000			34,299,000	4,889,000
Revenues	$ 280,661,000	$ 152,009,000			$ 517,278,000	$ 217,072,000
Bareboat charter-in contract [Member]
Defined Benefit Plan Disclosure [Line Items]
Vessel name			Navios Star	Navios Amitie			Navios Libra	Nave Electron
Vessel year built			2021	2021			2019	2021
Vessel type			Panamax	Panamax			Panamax	VLCC
Vessel capacity in DWT			81,994	82,002			82,011	313,329
Lessee, Operating Lease, Description							ten-year
Charter hire daily rate			$ 5,900	$ 5,900			$ 6,000	$ 21,000
Bareboat charter-in contract [Member] \| Navios Libra [Member]
Defined Benefit Plan Disclosure [Line Items]
Lessee, Operating Lease, Discount Rate	7.00%				7.00%
Bareboat charter-in contract [Member] \| Navios Amitie and Navios Star [Member]
Defined Benefit Plan Disclosure [Line Items]
Lessee, Operating Lease, Discount Rate	5.00%				5.00%
Bareboat charter-in contract [Member] \| Baghdad and Erbil [Member]
Defined Benefit Plan Disclosure [Line Items]
Lessee, Operating Lease, Discount Rate	6.00%				6.00%
Bareboat charter-in contract [Member] \| Nave Electron [Member]
Defined Benefit Plan Disclosure [Line Items]
Lessee, Operating Lease, Discount Rate	4.00%				4.00%
Bareboat charter-in contract [Member] \| NNA Merger [Member] \| Baghdad [Member]
Defined Benefit Plan Disclosure [Line Items]
Vessel year built					2020
Vessel type					VLCC
Vessel capacity in DWT					313,433
Lessee, Operating Lease, Description					12-year
Charter hire daily rate					$ 21,000
Bareboat charter-in contract [Member] \| NNA Merger [Member] \| Erbil [Member]
Defined Benefit Plan Disclosure [Line Items]
Vessel year built					2021
Vessel type					VLCC
Vessel capacity in DWT					313,486
Lessee, Operating Lease, Description					12-year
Charter hire daily rate					$ 21,000
Bareboat Charter Out Contract [Member]
Defined Benefit Plan Disclosure [Line Items]
Revenues	$ 5,247,000				$ 10,432,000
Bareboat Charter Out Contract [Member] \| Baghdad and Erbil [Member]
Defined Benefit Plan Disclosure [Line Items]
Lessee, Operating Lease, Description					10-years

Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid voyage costs	$ 4,353	$ 2,829
Inventories	26,408	21,072
Claims receivable	26,459	5,568
Other	4,368	3,651
Total prepaid expenses and other current assets	$ 61,588	$ 33,120

Subsequent events (Details Narrative) $ in Thousands	6 Months Ended		7 Months Ended		8 Months Ended	9 Months Ended
Subsequent events (Details Narrative) $ in Thousands	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jul. 31, 2022 USD ($)	Jul. 26, 2022 USD ($)	Sep. 07, 2022 USD ($)	Sep. 30, 2022 USD ($)
Subsequent Event [Line Items]
Proceeds from Sale of Property, Plant, and Equipment	$ 0	$ 32,692
Common Unit Repurchase Program [Member]
Subsequent Event [Line Items]
Maximum aggregate offering price			$ 100,000
Navios Camelia [Member]
Subsequent Event [Line Items]
Vessel year built					2009
Vessel type					Panamax
Vessel capacity in DWT					75,162
Proceeds from Sale of Property, Plant, and Equipment					$ 15,000
Subsequent Event [Member] \| Navios Holdings [Member]
Subsequent Event [Line Items]
Number of vessels				36
Business Combination, Consideration Transferred, Including Equity Interest in Acquiree Held Prior to Combination				$ 835,000
Debt Instrument, Face Amount				$ 441,641
Subsequent Event [Member] \| Navios Holdings [Member] \| Owned Vessels [Member]
Subsequent Event [Line Items]
Number of vessels				26
Subsequent Event [Member] \| Navios Holdings [Member] \| Bareboat charter-in contract [Member]
Subsequent Event [Line Items]
Number of vessels				10
Subsequent Event [Member] \| Navios Holdings [Member] \| First 15 of 36 Vessels [Member]
Subsequent Event [Line Items]
Date of delivery				Jul. 29, 2022
Subsequent Event [Member] \| Navios Holdings [Member] \| Remaining 21 of 36 Vessels [Member]
Subsequent Event [Line Items]
Date of delivery				Sep. 08, 2022
Subsequent Event [Member] \| Commercial Bank [Member]
Subsequent Event [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 86,240			$ 210,000
Description of scope, credit facility			in order to finance the acquisition of two newbuilding 5,300 TEU containerships			in order to refinance indebtness secured on 15 drybulk vessels and five containerships
Maturity date			seven years after the drawdown			second quarter of 2025
Debt Instrument, Description of Variable Rate Basis			SOFR plus 200 bps per annum