0001193125-23-226355 | 6-K | XBRL Viewer | Navios Maritime Partners LP

[1]	The fair value of the Company’s credit facilities and financial liabilities is estimated based on currently available credit facilities and financial liabilities with similar contract terms, interest rate and remaining maturities as well as taking into account the Company’s creditworthiness.

Intangible Assets And Liabilities - Intangible Liabilities, Unfavorable Lease (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2023 USD ($)
Cost [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance	$ (231,407)
Amortization	0
Ending balance	(231,407)
Accumulated Depreciation [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance	183,501
Amortization	12,910
Ending balance	196,411
Net Book Value [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance	(47,906)
Amortization	12,910
Ending balance	$ (34,996)

Description of Business	6 Months Ended
Jun. 30, 2023
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. The Company’s general partner is Olympos Maritime Ltd. (the “General Partner”) (see Note 12 – 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 12 – Transactions with related parties and affiliates). As of June 30, 2023, there were 30,184,388 outstanding common units and 622,296 general partnership units. As of June 30, 2023, 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 partnership units.

Description of Business

6 Months Ended

Jun. 30, 2023

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. The Company’s general partner is Olympos Maritime Ltd. (the “General Partner”) (see Note 12 – 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 12 – Transactions with related parties and affiliates).

As of June 30, 2023, there were 30,184,388 outstanding common units and 622,296 general partnership units. As of June 30, 2023, 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 partnership units.

Fair value of financial instruments

6 Months Ended

Jun. 30, 2023

Fair Value Disclosures [Abstract]

Fair value of financial instruments

NOTE 7 – 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, long-term: The carrying amount of due from related parties long-term reported in the condensed Consolidated Balance Sheets approximates its fair value.

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 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.

Credit facilities and financial liabilities, 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 credit facilities 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, 2023				December 31, 2022
	Book Value		Fair Value		Book Value		Fair Value
Cash and cash equivalents	$	261,416	$	261,416	$	157,814	$	157,814
Restricted cash	$	8,636	$	8,636	$	17,284	$	17,284
Amounts due from related parties, long-term	$	39,519	$	39,519	$	41,403	$	41,403
Amounts due from related parties, short-term	$	2,647	$	2,647	$	—	$	—
Amounts due to related parties, short-term	$	—	$	—	$	(104,751)	$	(104,751)
Credit facilities and financial liabilities, including current portion, net	$	(1,443,398)	$	(1,459,783)	$	(1,556,440)	$	(1,569,972)

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 the Company has 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, 2023 and December 31, 2022.

	Fair Value Measurements as at June 30, 2023
	Total		Level I		Level II		Level III
Cash and cash equivalents	$	261,416	$	261,416	$	—	$	—
Restricted cash	$	8,636	$	8,636	$	—	$	—
Amounts due from related parties, long-term	$	39,519	$	—	$	39,519	$	—
Amounts due from related parties, short-term	$	2,647	$	—	$	2,647	$	—
Credit facilities and financial liabilities, net ⁽¹⁾	$	(1,459,783)	$	—	$	(1,459,783)	$	—

	Fair Value Measurements as at December 31, 2022
	Total		Level I		Level II		Level III
Cash and cash equivalents	$	157,814	$	157,814	$	—	$	—
Restricted cash	$	17,284	$	17,284	$	—	$	—
Amounts due from related parties, long-term	$	41,403	$	—	$	41,403	$	—
Amounts due to related parties, short-term	$	(104,751)	$	—	$	(104,751)	$	—
Credit facilities and financial liabilities, net ⁽¹⁾	$	(1,569,972)	$	—	$	(1,569,972)	$	—

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

The estimated fair value of the Company’s assets measured at fair value on a non-recurring basis, is based on the concluded sales price and is categorized based upon the fair value hierarchy as follows:

	Fair Value Measurements as at December 31, 2022
	Total		Level I		Level II		Level III
Vessels, net	$	57,402	$	—	$	57,402	$	—

- 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

Borrowings

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Borrowings

NOTE 6 – BORROWINGS Borrowings

Borrowings as of June 30, 2023 and December 31, 2022 consisted of the following:

Borrowings


	June 30, 2023		December 31, 2022
Credit facilities	$	933,627	$	874,038
Financial liabilities		526,156		695,934
Finance lease liabilities		481,305		389,007
Total borrowings	$	1,941,088	$	1,958,979
Less: Current portion of long-term borrowings, net		(303,249)		(391,095)
Less: Deferred finance costs, net		(16,385)		(13,532)
Long-term borrowings, net	$	1,621,454	$	1,554,352

As of June 30, 2023, the total borrowings, net of deferred finance costs were $1,924,703.

Credit Facilities

FIRST-CITIZENS BANK & TRUST COMPANY: On December 21,2022, Navios Partners entered into a credit facility with First-Citizens Bank & Trust Company of up to $44,200 in order to refinance the existing indebtedness of three of its tanker vessels and for general corporate purposes. On January 5, 2023, the full amount was drawn. As of June 30, 2023, the total outstanding balance was $42,700 and is repayable in 19 consecutive quarterly installments of $1,500 each, with a final balloon installment of $14,200 to be paid on the last repayment date. The facility matures in the first quarter of 2028 and bears interest at Term Secured Overnight Financing Rate (“Term SOFR”) plus 195 bps per annum.

DNB BANK ASA: On February 16, 2023, Navios partners entered into a credit facility with DNB Bank ASA for a total amount up to $161,600 in order to finance part of the contract price of four newbuilding container vessels, currently under construction. As of June 30, 2023 the total amount has remained undrawn. The credit facility matures ten years after drawdown and bears interest at SOFR plus 170 bps per annum.

SKANDINAVISKA ENSKILDA BANKEN AB : On April 19, 2023, Navios Partners entered into a credit facility with Skandinaviska Enskilda Banken AB of up to $65,000 in order to refinance the existing indebtedness of five of its tanker vessels and for general corporate purposes. On April 21, 2023, the full amount was drawn. As of June 30, 2023, the total outstanding balance was $65,000 and is repayable in 20 consecutive quarterly installments of $1,950 each, with a final balloon installment of $26,000 to be paid on the last repayment date. The facility matures in the second quarter of 2028 and bears interest at SOFR plus 200 bps per annum.

KFW IPEX-BANK GMBH: On April 25, 2023, Navios Partners entered into an export agency-backed facility with KFW IPEX-BANK GMBH (“KFW”) for a total amount of up to $165,638 in order to finance the acquisition of two newbuilding 7,700 TEU containerships. As of June 30, 2023, the Company has drawn a total amount of $27,026 reflecting the commercial pre-delivery Tranche A. As of June 30, 2023 the total outstanding balance was $27,026. The facility is scheduled to mature 12 years after the drawdown date and bears interest at SOFR plus 150 bps per annum.

EUROBANK S.A: On May 2, 2023, Navios Partners entered into a credit facility with Eurobank S.A of up to $30,000 to refinance the existing indebtedness of three of its tanker vessels and for general corporate purposes. On May 3, 2023, the full amount was drawn. As of June 30, 2023, the total outstanding balance was $30,000 and is repayable in 20 consecutive quarterly installments of $900 each, with a final balloon installment of $12,000 to be paid on the last repayment date. The facility matures in the second quarter of 2028 and bears interest at Term SOFR plus 100 bps per annum for any part of the loan (up to 70%) secured by cash collateral and 225 bps per annum for the remaining amount.

BNP PARIBAS: On June 12, 2023, Navios Partners entered into a credit facility with BNP Paribas of up to $40,000 in order to refinance the existing indebtedness of nine of its containerships. On June 16, 2023, the full amount was drawn. As of June 30, 2023, the total outstanding balance was $40,000, and is repayable in 12 consecutive quarterly installments of $2,083 each, with a final balloon installment of $15,004 to be paid on the last repayment date. The facility matures in the second quarter of 2026 and bears interest at SOFR plus 250 bps per annum.

On June 21, 2023, Navios Partners entered into a credit facility with BNP Paribas and Credit Agricole Corporate and Investment Bank of up to $107,600 in order to refinance the existing indebtedness of ten of its vessels and for general

corporate purposes. On June 26, 2023, the full amount was drawn. As of June 30, 2023, the total outstanding balance was $107,600 and is repayable in 12 consecutive quarterly installments of $7,000 each, with a final balloon installment of $23,600 to be paid on the last repayment date. The facility matures in the second quarter of 2026 and bears interest at SOFR plus 250 bps per annum.

NATIONAL BANK OF GREECE S.A: On June 20, 2023, Navios Partners entered into credit facility with National Bank of Greece S.A of up to $77,822 in order to refinance the existing indebtedness of ten of its vessels and for general corporate purposes. In June 2023, the full amount was drawn. As of June 30, 2023, the total outstanding balance was $77,822 and is repayable in 20 consecutive quarterly installments of $2,500 each, with a final balloon installment of $27,822 to be paid on the last repayment date. The facility matures in the second quarter of 2028 and bears interest at Term SOFR plus 215 bps per annum.

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK: On June 28, 2023, Navios Partners entered into credit facility with Credit Agricole Corporate and Investment Bank of up to $62,400 in order to refinance existing indebtedness of seven of its dry bulk vessels. On June 30, 2023, the full amount was drawn. As of June 30, 2023, the total outstanding balance was $62,400 and is repayable in 12 consecutive quarterly installments of $2,750 each, with a balloon installment of $29,400 to be paid on the last repayment date. The facility matures in the second quarter of 2026 and bears interest at Term SOFR plus 250 bps per annum.

Financial Liabilities

In January 2022, the Company entered into a sale and leaseback agreement of $27,440 with an unrelated third party for the Navios Meridian, a newbuilding Panamax vessel of 82,010 dwt. The bareboat charter-in provides for purchase options with de-escalating purchase prices starting on the end of the fourth year. In January 2022, Navios Partners declared its option to purchase the vessel at the end of the tenth year of the bareboat charter-in agreement, preserving the right to exercise the purchase option earlier during the option period. Under ASC 842-40, the transfer of the vessel was determined to be a failed sale. In February 2023, Navios Partners took delivery of the Navios Meridian and recognized an amount of $27,440 as financial liability in accordance with ASC 842-40. Navios Partners is obliged to make 120 consecutive monthly payments of $152 each that commenced in February 2023. The sale and leaseback transaction matures in the first quarter of 2033, with a purchase obligation of $9,147 on the last repayment date and bears interest at Libor plus 180 bps per annum. As of June 30, 2023, the outstanding balance under the sale and leaseback agreement was $26,678.

In February 2023, the Company entered into a sale and leaseback agreement of $32,000 with an unrelated third party, in order to finance the Navios Felix, a 2016-built Capesize vessel of 181,221 dwt. The bareboat charter-in provides for purchase options with de-escalating purchase prices starting on the end of the fourth year. Navios Partners has a purchase option of $750 to acquire the vessel at the end of the lease term and given the fact that such exercise price is not equal to the fair value of the asset at the end of the lease term, the transaction was determined to be a failed sale. In accordance with ASC 842-40, the Company did not derecognize the respective vessel from its balance sheet and accounted for the amount received under the sale and leaseback agreement as a financial liability. On March 10, 2023, the amount of $32,000 was drawn. Navios Partners is obligated to make 120 consecutive monthly payments of $260 each that commenced in March 2023. The sale and leaseback transaction matures in the first quarter of 2033 and bears interest at Libor plus 200 bps per annum. As of June 30, 2023, the outstanding balance under the sale and leaseback agreement was $30,958.

In May 2023, Navios Partners entered into a sale and leaseback agreement of $178,000 with an unrelated third party, in order to finance the acquisition of two newbuilding 5,300 TEU containerships and two newbuilding Aframax/LR2 tanker vessels. As of June 30, 2023 the total amount has remained undrawn. The sale and leaseback transaction matures ten years after the drawdown date and bears interest at Term SOFR plus 210 bps per annum.

Finance Lease Liabilities

On July 29, 2022, Navios Partners took delivery of the Navios Amber, a 2015-built Panamax vessel of 80,994 dwt, for a remaining one-year charter-in agreement. The charter-in provides for purchase options with de-escalating purchase prices. The Company has performed an assessment considering the lease classification criteria under ASC 842 and concluded that the arrangement is a finance lease. Consequently, the Company has recognized a finance lease liability based on the net present value of the remaining charter-in payments including the purchase option to acquire the vessel at the end of the lease period, discounted by the Company’s incremental borrowing rate of approximately 6%. During the first half of 2023, the Company declared its option to extend the charter period for one year commencing in May 2023. Under the ASC 842, the extension of the charter period is considered as a lease modification. Consequently, the Company reallocated the remaining consideration in the contract and remeasured the finance lease liability by using the updated Company’s incremental borrowing rate of approximately 6%. The finance lease liability recognized at the date of modification was increased by $1,877. The corresponding right-of-use asset under finance lease was adjusted upon remeasurement of the finance lease liability (see Note 4 – Vessels, net). As of June 30, 2023, the outstanding balance was $33,963 and is repayable in one year in consecutive monthly installments up to $303 each, with a purchase option of $30,690.

On March 29, 2023, Navios Partners took delivery of the Navios Altair, a 2023-built Capesize vessel of 182,115 dwt under a 15-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. The Company has performed an assessment considering the lease classification criteria under ASC 842 and concluded that the agreement is a finance lease. Consequently, the Company has recognized a finance lease liability based on the net present value of the charter-in payments including the purchase option to acquire the vessel at the end of the lease period, discounted by the Company’s incremental borrowing rate of approximately 6.5%. As of June 30, 2023, the outstanding balance was $40,775 and is repayable in 15 years in consecutive monthly installments up to $298 each, with a purchase option of $9,500, assuming that the option will be exercised at the end of the agreement.

On April 27, 2023, Navios Partners took delivery of the Navios Sakura, a 2023-built Capesize vessel of 182,169 dwt, under a 15-year bareboat charter-in agreement. The bareboat charter-in provides for purchase options with de-escalating purchase prices starting at the end of the fourth year. The Company has performed an assessment considering the lease classification criteria under ASC 842 and concluded that the agreement is a finance lease. Consequently, the Company has recognized a finance lease liability based on the net present value of the charter-in payments including the purchase option to acquire the vessel at the end of the lease period, discounted by the Company’s incremental borrowing rate of approximately 5.8%. As of June 30, 2023, the outstanding balance was $44,509 and is repayable in 15 years in consecutive monthly installments up to $334 each, with a purchase option of $9,500, assuming that the option will be exercised at the end of the agreement.

On June 21, 2023, Navios Partners took delivery of the Navios Amethyst, a 2023-built Capesize vessel of 182,212 dwt, under a 15-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. The Company has performed an assessment considering the lease classification criteria under ASC 842 and concluded that the agreement is a finance lease. Consequently, the Company has recognized a finance lease liability based on the net present value of the charter-in payments including the purchase option to acquire the vessel at the end of the lease period, discounted by the Company’s incremental borrowing rate of approximately 5.6%. As of June 30, 2023, the outstanding balance was $59,521 and is repayable in 15 years in consecutive monthly installments up to $399 each, with a purchase option of $10,500, assuming that the option will be exercised at the end of the agreement.

The Company recognizes the total interest expense incurred on finance lease liabilities under the caption “Interest expense and finance cost, net” in the condensed Consolidated Statements of Operations. As of each of the three and six month periods ended June 30, 2023, the total interest expense incurred amounted to $7,457 and $12,622, respectively. No interest expense on finance lease liabilities was incurred for each of the three and six month periods ended June 30, 2022. As of June 30, 2023, payments related to the finance lease liabilities for the three month, and six month periods ended amounted to $6,431, and $12,119, respectively, and are presented under the caption “Repayment of long-term debt and financial liabilities” in the condensed Consolidated Statements of Cash Flows.

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 related to the vessels, including the fixed daily fee payable under the Management Agreements (defined herein).

As of June 30, 2023 and December 31, 2022, the security deposits under certain sale and leaseback agreements were $0 and $8,650, respectively, and are presented under the caption “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 110% 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 of $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, 2023, 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, 2023 were 7.44% and 7.20%, respectively. 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 maturity table below reflects the principal payments for the next five 12-month periods ending June 30 of the following years and thereafter of all borrowings of Navios Partners outstanding as of June 30, 2023, based on the repayment schedules of the respective credit facilities, financial liabilities and finance lease liabilities.

Period	Amount
2024	$	308,970
2025		550,942
2026		294,971
2027		227,426
2028		162,441
2029 and thereafter		396,338
Total	$	1,941,088

- 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://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 470
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//470/tableOfContent

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1E
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1E

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I

+ Details

Cover	6 Months Ended
Cover	Jun. 30, 2023
Cover [Abstract]
Document Type	6-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2023
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
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

Cash and Cash Equivalents (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Cash and Cash Equivalents [Abstract]
Cash and cash equivalents	$ 261,416	$ 157,814
Restricted cash	8,636	17,284
Total cash and cash equivalents and restricted cash	$ 270,052	$ 175,098	$ 174,624	$ 169,446

Intangible Assets and Liabilities - Amortization of Favorable Lease Terms (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Favorable lease terms	$ (4,539)	$ (5,565)	$ (9,207)	$ (12,430)
Total	$ (4,539)	$ (5,565)	$ (9,207)	$ (12,430)

Summary of Significant Accounting Policies (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Time charter [Member]
Revenues	$ 300,689	$ 255,288	$ 568,361	$ 476,606
Voyage contracts [Member]
Revenues	31,302	10,835	55,052	17,406
Pooling arrangements [Member]
Revenues	14,947	13,726	32,997	22,392
Profit sharing [Member]
Revenues	$ 0	$ 812	$ 50	$ 874

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 924
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479941/924-10-S99-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-5

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 42
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-42

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-40

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-41

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-4

+ Details

Intangible Assets And Liabilities - Amortization of Unfavorable Lease Terms (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Unfavorable lease terms	$ 5,322	$ 17,587	$ 12,910	$ 39,426
Total	$ 5,322	$ 17,587	$ 12,910	$ 39,426

Intangible Assets and Liabilities - Intangible Assets, Favorable Lease (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2023 USD ($)
Finite-Lived Intangible Assets [Line Items]
Beginning balance	$ 78,716
Amortization	(9,207)
Ending balance	69,509
Cost [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance	211,644
Amortization	0
Ending balance	211,644
Accumulated Depreciation [Member]
Finite-Lived Intangible Assets [Line Items]
Beginning balance	(132,928)
Amortization	(9,207)
Ending balance	$ (142,135)

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - shares	Jun. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Common units outstanding	30,184,388	30,184,388
Common units issued	30,184,388	30,184,388
General Partners, units issued	622,296	622,296
General Partners, units outstanding	622,296	622,296

Fair value of financial instruments (Tables)

6 Months Ended

Jun. 30, 2023

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments

	June 30, 2023				December 31, 2022
	Book Value		Fair Value		Book Value		Fair Value
Cash and cash equivalents	$	261,416	$	261,416	$	157,814	$	157,814
Restricted cash	$	8,636	$	8,636	$	17,284	$	17,284
Amounts due from related parties, long-term	$	39,519	$	39,519	$	41,403	$	41,403
Amounts due from related parties, short-term	$	2,647	$	2,647	$	—	$	—
Amounts due to related parties, short-term	$	—	$	—	$	(104,751)	$	(104,751)
Credit facilities and financial liabilities, including current portion, net	$	(1,443,398)	$	(1,459,783)	$	(1,556,440)	$	(1,569,972)

Fair Value Measurements - Fair value measurements on a Nonrecurring basis

	Fair Value Measurements as at June 30, 2023
	Total		Level I		Level II		Level III
Cash and cash equivalents	$	261,416	$	261,416	$	—	$	—
Restricted cash	$	8,636	$	8,636	$	—	$	—
Amounts due from related parties, long-term	$	39,519	$	—	$	39,519	$	—
Amounts due from related parties, short-term	$	2,647	$	—	$	2,647	$	—
Credit facilities and financial liabilities, net ⁽¹⁾	$	(1,459,783)	$	—	$	(1,459,783)	$	—

	Fair Value Measurements as at December 31, 2022
	Total		Level I		Level II		Level III
Cash and cash equivalents	$	157,814	$	157,814	$	—	$	—
Restricted cash	$	17,284	$	17,284	$	—	$	—
Amounts due from related parties, long-term	$	41,403	$	—	$	41,403	$	—
Amounts due to related parties, short-term	$	(104,751)	$	—	$	(104,751)	$	—
Credit facilities and financial liabilities, net ⁽¹⁾	$	(1,569,972)	$	—	$	(1,569,972)	$	—

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

Fair Value Measurements - Fair value of assets measured at fair value on a non-recurring basis

	Fair Value Measurements as at December 31, 2022
	Total		Level I		Level II		Level III
Vessels, net	$	57,402	$	—	$	57,402	$	—

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, 2021	$ 26,008	$ 1,743,717	$ 1,769,725
Beginning balance, shares at Dec. 31, 2021	622,555	30,197,087
Cash distribution paid ($0.05 per unit—see Note 13)	$ (31)	$ (1,510)	(1,541)
Stock based compensation (see Note 8)	0	42	42
Net income	1,713	83,952	85,665
Ending balance, value at Mar. 31, 2022	$ 27,690	$ 1,826,201	1,853,891
Ending balance, shares at Mar. 31, 2022	622,555	30,197,087
Cash distribution paid ($0.05 per unit—see Note 13)	$ (31)	$ (1,510)	(1,541)
Stock based compensation (see Note 8)	0	40	40
Net income	2,363	115,797	118,160
Ending balance, value at Jun. 30, 2022	$ 30,022	$ 1,940,528	1,970,550
Ending balance, shares at Jun. 30, 2022	622,555	30,197,087
Beginning balance, value at Dec. 31, 2022	$ 37,469	$ 2,305,494	2,342,963
Beginning balance, shares at Dec. 31, 2022	622,296	30,184,388
Cash distribution paid ($0.05 per unit—see Note 13)	$ (31)	$ (1,509)	(1,540)
Stock based compensation (see Note 8)	0	1	1
Net income	1,982	97,183	99,165
Ending balance, value at Mar. 31, 2023	$ 39,420	$ 2,401,169	2,440,589
Ending balance, shares at Mar. 31, 2023	622,296	30,184,388
Cash distribution paid ($0.05 per unit—see Note 13)	$ (31)	$ (1,509)	(1,540)
Stock based compensation (see Note 8)	0	1	1
Net income	2,246	110,062	112,308
Ending balance, value at Jun. 30, 2023	$ 41,635	$ 2,509,723	$ 2,551,358
Ending balance, shares at Jun. 30, 2023	622,296	30,184,388

- 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
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481687/323-10-50-3

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 28
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482907/825-10-50-28

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480175/815-40-65-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-8

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-9

Reference 8: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 830
-Name Accounting Standards Codification
-Section 55
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480167/946-830-55-11

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 205
-Name Accounting Standards Codification
-Section 45
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480767/946-205-45-3

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section 45
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483581/946-220-45-7

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(16))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(9))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(1)(d))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 810
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 19
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481231/810-10-45-19

Reference 16: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482765/220-10-50-6

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 18: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 29: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-05(b)(2))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479557/942-235-S99-1

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483499/205-20-50-7

Reference 33: http://www.xbrl.org/2003/role/exampleRef
-Topic 810
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 4J
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481175/810-10-55-4J

Reference 34: http://www.xbrl.org/2003/role/exampleRef
-Topic 810
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 4K
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481175/810-10-55-4K

Reference 35: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-1A

Reference 36: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-1B

Reference 37: http://www.xbrl.org/2003/role/disclosureRef
-Topic 230
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482740/230-10-45-2

Reference 38: http://www.xbrl.org/2003/role/disclosureRef
-Topic 810
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481203/810-10-50-1A

Reference 39: http://www.xbrl.org/2003/role/disclosureRef
-Topic 810
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481203/810-10-50-1A

+ Details

- Definition

Amount of equity (deficit) attributable to parent and noncontrolling interest. Excludes temporary equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 24
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483421/250-10-45-24

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 23
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483421/250-10-45-23

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 5
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483421/250-10-45-5

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 5
-Subparagraph (c)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479654/326-10-65-5

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480528/815-20-65-6

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (h)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480528/815-20-65-6

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (h)(1)(i)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480528/815-20-65-6

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (h)(1)(iii)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480528/815-20-65-6

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (h)(1)(iv)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480528/815-20-65-6

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (i)(3)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480528/815-20-65-6

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 848
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (a)(3)(iii)(03)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483550/848-10-65-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 105
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479343/105-10-65-6

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 105
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479343/105-10-65-6

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (f)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480016/944-40-65-2

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (f)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480016/944-40-65-2

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 8
-Subparagraph (d)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482615/740-10-65-8

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 8
-Subparagraph (d)(3)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482615/740-10-65-8

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 4
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479654/326-10-65-4

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 15
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480336/718-10-65-15

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 15
-Subparagraph (f)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480336/718-10-65-15

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 15
-Subparagraph (f)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480336/718-10-65-15

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(3)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-1

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (e)(3)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480175/815-40-65-1

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-7

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482765/220-10-50-5

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481674/830-30-50-1

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481694/830-30-45-17

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481694/830-30-45-20

Reference 29: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 830
-Name Accounting Standards Codification
-Section 55
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480167/946-830-55-11

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 205
-Name Accounting Standards Codification
-Section 45
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480767/946-205-45-3

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 505
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481004/946-505-50-3

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-04(19))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.6-05(4))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479617/946-210-S99-2

Reference 34: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(4)(b))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3

Reference 35: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(6))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3

Reference 36: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(7))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3

Reference 37: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1

Reference 38: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 39: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481687/323-10-50-3

Reference 40: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 28
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482907/825-10-50-28

Reference 41: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481231/810-10-45-15

Reference 42: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 16
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481231/810-10-45-16

Reference 43: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4I
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481175/810-10-55-4I

+ Details

Segment Information

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Segment Information

NOTE 9 – 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 10.0% 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, 2023		Three Month Period Ended June 30, 2022		Six Month Period Ended June 30, 2023		Six Month Period Ended June 30, 2022
	(unaudited)		(unaudited)		(unaudited)		(unaudited)
Asia	$	249,486	$	180,047	$	450,239	$	321,244
Europe		57,901		77,047		117,352		150,963
America		39,551		23,567		88,869		45,071
Total	$	346,938	$	280,661	$	656,460	$	517,278

- 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
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-15

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 42
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-42

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-40

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//280/tableOfContent

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-26

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 34
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-34

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-41

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-21

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-21

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

+ Details

Transactions with related parties and affiliates (Details Narrative) - USD ($)	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Payments for Capital Improvements					$ 70,574,000	$ 6,274,000
Vessel operating expenses (entirely through related parties transactions)	$ 82,550,000		$ 73,989,000		165,766,000	147,161,000
General and administrative expenses	20,536,000		14,170,000		40,035,000	28,086,000
Amounts due from related parties, long-term - Book Value	39,519,000				39,519,000		$ 41,403,000
Amounts due from related parties, current	2,647,000				2,647,000		0
Amounts due to related parties	0				0		104,751,000
Related Party [Member]
Related Party Transaction [Line Items]
Vessel operating expenses (entirely through related parties transactions)	82,550,000		$ 73,989,000		165,766,000	147,161,000
Navios Holdings [Member]
Related Party Transaction [Line Items]
Amounts due from related parties, long-term - Book Value	39,519,000				39,519,000		41,403,000
Amounts due from related parties, current	2,647,000				2,647,000		0
Amounts due to related parties	$ 0				0		104,751,000
Covid 19 Measures Extra Ordinary Fees And Costs [Member] \| Related Party [Member]
Related Party Transaction [Line Items]
Vessel operating expenses (entirely through related parties transactions)		$ 997,000		$ 2,342,000	2,291,000	5,297,000
Management Agreement [Member]
Related Party Transaction [Line Items]
Payments for Capital Improvements					21,342,000	6,274,000
Management Agreement [Member] \| Upon Acquisition Of Navios Acquisition [Member]
Related Party Transaction [Line Items]
Technical and commercial management daily fee					$ 50.00
Vessel management agreement fees percentage					3.00%
Management Agreement [Member] \| Upon Completion Of The Mergers [Member] \| Ultra Handymax Vessels [Member]
Related Party Transaction [Line Items]
Daily management fee					$ 4,620		4,480	$ 4,350
Management Agreement [Member] \| Upon Completion Of The Mergers [Member] \| Panamax Vessels [Member]
Related Party Transaction [Line Items]
Daily management fee					4,720		4,580	4,450
Management Agreement [Member] \| Upon Completion Of The Mergers [Member] \| Capesize Vessels [Member]
Related Party Transaction [Line Items]
Daily management fee					5,740		5,570	5,410
Management Agreement [Member] \| Upon Completion Of The Mergers [Member] \| Container vessel of 1,300 TEU to 3,400 TEU [Member]
Related Party Transaction [Line Items]
Daily management fee					6,470		6,280	6,100
Management Agreement [Member] \| Upon Completion Of The Mergers [Member] \| Containership Of Three Thousand Fifty Up To Four Thousand Nine Hundred And Ninety Nine Foot Equivalent Units [Member]
Related Party Transaction [Line Items]
Daily management fee					6,590		6,400	6,220
Management Agreement [Member] \| Upon Completion Of The Mergers [Member] \| Containership Vessels of TEU 5,000 up to 6,800 [Member]
Related Party Transaction [Line Items]
Daily management fee					7,320		7,110	6,900
Management Agreement [Member] \| Upon Completion Of The Mergers [Member] \| Containership of TEU 8,000 up to 9,999 [Member]
Related Party Transaction [Line Items]
Daily management fee					8,250		8,010.00	7,780
Management Agreement [Member] \| Upon Completion Of The Mergers [Member] \| Containership of TEU 10,000 up to 11,999 [Member]
Related Party Transaction [Line Items]
Daily management fee					8,770		8,520	8,270
Management Agreement [Member] \| Upon Completion Of The Mergers [Member] \| MR1 and MR2 product tankers and chemical tankers [Member]
Related Party Transaction [Line Items]
Daily management fee					7,240		7,030.00	6,830
Management Agreement [Member] \| Upon Completion Of The Mergers [Member] \| LR1 Product Tanker [Member]
Related Party Transaction [Line Items]
Daily management fee					7,670		7,440	7,230
Management Agreement [Member] \| Upon Completion Of The Mergers [Member] \| VLCC [Member]
Related Party Transaction [Line Items]
Daily management fee					10,240		$ 9,940	$ 9,650
Management Agreement [Member] \| Upon Acquisition of 36-vessel drybulk fleet from Navios Holdings [Member]
Related Party Transaction [Line Items]
Technical and commercial management daily fee					25.000
Management Agreement Requlatory Requirements [Member]
Related Party Transaction [Line Items]
Payments for Capital Improvements		14,154,000		3,628,000	19,743,000	6,274,000
Navios Holdings [Member] \| Related Party [Member]
Related Party Transaction [Line Items]
General and administrative expenses		$ 15,755,000		$ 10,318,000	$ 29,861,000	$ 20,523,000

Intangible Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2023

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, 2022	$	211,644	$	(132,928)	$	78,716
Amortization		—		(9,207)		(9,207)
Favorable lease terms June 30, 2023	$	211,644	$	(142,135)	$	69,509

Intangible Assets and Liabilities - Amortization of Favorable Lease Terms

	Three Month Period Ended June 30, 2023		Three Month Period Ended June 30, 2022		Six Month Period Ended June 30, 2023		Six Month Period Ended June 30, 2022
	(unaudited)		(unaudited)		(unaudited)		(unaudited)
Favorable lease terms	$	(4,539)	$	(5,565)	$	(9,207)	$	(12,430)
Total	$	(4,539)	$	(5,565)	$	(9,207)	$	(12,430)

Intangible Assets and Liabilities - Aggregate Amortizations of Intangible Assets

Period	Amount
2024	$	18,156
2025		17,702
2026		11,182
2027		5,115
2028		4,982
2029 and thereafter		12,372
Total	$	69,509

Intangible Assets And Liabilities - Intangible Liabilities, Unfavorable Lease

	Cost		Accumulated Amortization		Net Book Value
Unfavorable lease terms December 31, 2022	$	(231,407)	$	183,501	$	(47,906)
Amortization		—		12,910		12,910
Unfavorable lease terms June 30, 2023	$	(231,407)	$	196,411	$	(34,996)

Intangible Assets And Liabilities - Amortization of Unfavorable Lease Terms

	Three Month Period Ended		Three Month Period Ended		Six Month Period Ended		Six Month Period Ended
	June 30, 2023		June 30, 2022		June 30, 2023		June 30, 2022
	(unaudited)		(unaudited)		(unaudited)		(unaudited)
Unfavorable lease terms	$	5,322	$	17,587	$	12,910	$	39,426
Total	$	5,322	$	17,587	$	12,910	$	39,426

Intangible Assets And Liabilities - Aggregate Amortizations of Intangible Liabilities

Period	Amount
2024	$	13,319
2025		12,204
2026		9,473
2027		—
2028		—
2029 and thereafter		—
Total	$	34,996

Cash distributions and earnings per unit (Tables)

6 Months Ended

Jun. 30, 2023

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		Three Month Period Ended		Six Month Period Ended		Six Month Period Ended

	June 30, 2023		June 30, 2022		June 30, 2023		June 30, 2022
	(unaudited)		(unaudited)		(unaudited)		(unaudited)
Net income	$	112,308	$	118,160	$	211,473	$	203,825
Income attributable to:
Common unitholders	$	110,062	$	115,797	$	207,245	$	199,749
Weighted average units outstanding basic
Common unitholders		30,183,387		30,154,171		30,183,387		30,154,171
Earnings per unit basic:
Common unitholders	$	3.65	$	3.84	$	6.87	$	6.62
Weighted average units outstanding diluted
Common unitholders		30,184,388		30,197,087		30,184,388		30,197,087
Earnings per unit diluted:
Common unitholders	$	3.65	$	3.83	$	6.87	$	6.61
Earnings per unit distributed basic:
Common unitholders	$	0.05	$	0.05	$	0.10	$	0.10
Earnings per unit distributed diluted:
Common unitholders	$	0.05	$	0.05	$	0.10	$	0.10

Cash Distributions and Earnings per Unit - Schedule of Incentive Distributions Made To General Partners Or Unitholders By Distribution (Details)	6 Months Ended
	Jun. 30, 2023 $ / 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] \| Maximum [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] \| Second Target Distribution [Member] \| Minimum [Member]
Distribution Per Unit	6.0375
Total Quarterly Distribution Target Amount [Member] \| Third Target Distribution [Member] \| Maximum [Member]
Distribution Per Unit	7.875
Total Quarterly Distribution Target Amount [Member] \| Third Target Distribution [Member] \| Minimum [Member]
Distribution Per Unit	6.5625
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%

Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands

Jun. 30, 2023

Dec. 31, 2022

Fair Value Disclosures [Abstract]

Cash and cash equivalents - Book Value

$ 261,416

$ 157,814

Cash and cash equivalents - Fair Value

261,416

157,814

Restricted cash - Book Value

8,636

17,284

Restricted cash - Fair Value

8,636

17,284

Amounts due from related parties, long-term - Book Value

39,519

41,403

Amounts due from related parties, long-term - Fair Value

39,519

41,403

Amounts due from related parties, short-term - Book Value

2,647

Amounts due from related parties, short-term - Fair Value

2,647

Amounts due to related parties, short-term - Book Value

(104,751)

Amounts due to related parties, short-term - Fair Value

(104,751)

Credit facilities and financial liabilities, including current portion, net - Book Value

(1,443,398)

(1,556,440)

Credit facilities and financial liabilities, including current portion, net - Fair Value

^[1]

$ (1,459,783)

$ (1,569,972)

[1]	The fair value of the Company’s credit facilities and financial liabilities is estimated based on currently available credit facilities and financial liabilities with similar contract terms, interest rate and remaining maturities as well as taking into account the Company’s creditworthiness.

Cash distributions and earnings per unit

6 Months Ended

Jun. 30, 2023

Cash Distributions And Earnings Per Unit

Cash distributions and earnings per unit

NOTE 13 – 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 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 partnership 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 January 2023, the Board of Directors of Navios Partners authorized its quarterly cash distribution for the three month period ended December 31, 2022 of $0.05 per unit. The distribution was paid on February 14, 2023 to all unitholders of common units and general partnership units of record as of February 10, 2023. The aggregate amount of the declared distribution was $1,540.

In April 2023, the Board of Directors of Navios Partners authorized its quarterly cash distribution for the three month period ended March 31, 2023 of $0.05 per unit. The distribution was paid on May 12, 2023 to all unitholders of common units and general partnership units of record as of May 9, 2023. The aggregate amount of the declared distribution was $1,540.

In July 2023, the Board of Directors of Navios Partners authorized its quarterly cash distribution for the three month period ended June 30, 2023 of $0.05 per unit. The distribution was paid on August 11, 2023 to all unitholders of common units and general partner units of record as of August 8, 2023. The aggregate amount of the declared distribution was $1,540.

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 partnership units on a 98%-2% basis. There were no options or phantom units outstanding during each of the six month periods ended June 30, 2023 and 2022.

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

	Three Month Period Ended		Three Month Period Ended		Six Month Period Ended		Six Month Period Ended

	June 30, 2023		June 30, 2022		June 30, 2023		June 30, 2022
	(unaudited)		(unaudited)		(unaudited)		(unaudited)
Net income	$	112,308	$	118,160	$	211,473	$	203,825
Income attributable to:
Common unitholders	$	110,062	$	115,797	$	207,245	$	199,749
Weighted average units outstanding basic
Common unitholders		30,183,387		30,154,171		30,183,387		30,154,171
Earnings per unit basic:
Common unitholders	$	3.65	$	3.84	$	6.87	$	6.62
Weighted average units outstanding diluted
Common unitholders		30,184,388		30,197,087		30,184,388		30,197,087
Earnings per unit diluted:
Common unitholders	$	3.65	$	3.83	$	6.87	$	6.61
Earnings per unit distributed basic:
Common unitholders	$	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 1,001 and 42,916 for the six month periods ended June 30, 2023 and 2022, respectively, are included in the calculation of earnings per unit diluted.

Subsequent events (Details Narrative) $ in Thousands	8 Months Ended
Subsequent events (Details Narrative) $ in Thousands	Aug. 31, 2023 USD ($)
Two newbuilding Japanese MR2 Product Tankers [Member]
Property, Plant and Equipment [Line Items]
Vessel type	MR2 Product Tanker
Property, Plant and Equipment, Additions	$ 20,000
Date of delivery	first half of 2027
Navios Horizon I [Member]
Property, Plant and Equipment [Line Items]
Vessel type	Kamsarmax
Property, Plant and Equipment, Additions	$ 27,950
Date of delivery	third quarter of 2023
Vessel year built	2019
Vessel capacity in DWT	81,692

Income Taxes

6 Months Ended

Jun. 30, 2023

Income Tax Disclosure [Abstract]

Income Taxes

NOTE 10 – INCOME TAXES Income Taxes

The Republic of the Marshall Islands does not impose a tax on international shipping income. Under the laws of the Marshall Islands, Liberia, Cayman Islands, Hong Kong, British Virgin Islands Panama and Belgium, the countries of the vessel-owning subsidiaries’ incorporation and/or vessels’ registration, the vessel-owning subsidiaries are subject to registration and tonnage taxes, which have been included in vessel 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.

We have elected to be treated and we are currently treated as a corporation for U.S. federal income tax purposes. As such, we are not subject to section 1446 as that section only applies to entities that for U.S. federal income tax purposes are characterized as partnerships.

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
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480990/946-20-50-13

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//740/tableOfContent

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-14

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-21

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 270
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482526/740-270-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 17
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-17

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479360/740-10-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479360/740-10-S99-2

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482603/740-30-50-2

+ Details

Intangible Assets and Liabilities - Aggregate Amortizations of Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
2024	$ 18,156
2025	17,702
2026	11,182
2027	5,115
2028	4,982
2029 and thereafter	12,372
Total	$ 69,509	$ 78,716

Vessels, net (Details) $ in Thousands	6 Months Ended
Vessels, net (Details) $ in Thousands	Jun. 30, 2023 USD ($)
Property, Plant and Equipment [Line Items]
Beginning balance	$ 3,777,329
Ending balance	3,734,043
Vessels [Member] \| Cost [Member]
Property, Plant and Equipment [Line Items]
Beginning balance	4,292,150
Additions/ (Depreciation)	271,703
Disposals	(232,920)
Ending balance	4,330,933
Vessels [Member] \| Accumulated Depreciation [Member]
Property, Plant and Equipment [Line Items]
Beginning balance	(514,821)
Additions/ (Depreciation)	(98,846)
Disposals	16,777
Ending balance	(596,890)
Vessels [Member] \| Net Book Value [Member]
Property, Plant and Equipment [Line Items]
Beginning balance	3,777,329
Additions/ (Depreciation)	172,857
Disposals	(216,143)
Ending balance	3,734,043
Owned Vessels [Member] \| Cost [Member]
Property, Plant and Equipment [Line Items]
Beginning balance	3,757,903
Additions/ (Depreciation)	110,220
Disposals	(176,846)
Ending balance	3,691,277
Owned Vessels [Member] \| Accumulated Depreciation [Member]
Property, Plant and Equipment [Line Items]
Beginning balance	(505,943)
Additions/ (Depreciation)	(87,232)
Disposals	15,686
Ending balance	(577,489)
Owned Vessels [Member] \| Net Book Value [Member]
Property, Plant and Equipment [Line Items]
Beginning balance	3,251,960
Additions/ (Depreciation)	22,988
Disposals	(161,160)
Ending balance	3,113,788
Right-of-use assets under finance lease [Member] \| Cost [Member]
Property, Plant and Equipment [Line Items]
Beginning balance	534,247
Additions/ (Depreciation)	161,483
Transfers to owned vessels	(56,074)
Ending balance	639,656
Right-of-use assets under finance lease [Member] \| Accumulated Depreciation [Member]
Property, Plant and Equipment [Line Items]
Beginning balance	(8,878)
Additions/ (Depreciation)	(11,614)
Transfers to owned vessels	1,091
Ending balance	(19,401)
Right-of-use assets under finance lease [Member] \| Net Book Value [Member]
Property, Plant and Equipment [Line Items]
Beginning balance	525,369
Additions/ (Depreciation)	149,869
Transfers to owned vessels	(54,983)
Ending balance	$ 620,255

Summary of Significant Accounting Policies (Policies)	6 Months Ended
Summary of Significant Accounting Policies (Policies)	Jun. 30, 2023
Accounting Policies [Abstract]
Basis of presentation	(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, 2022 filed on Form 20-F on March 24, 2023 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 4 – Vessels) 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. Interest rates have increased significantly as central banks in Europe, United States and other developed countries raise interest rates in an effort to reduce the inflation effect. The eventual implications of tighter monetary policy, and potentially higher long-term interest rates may drive a higher cost of capital for the Company.
Principles of consolidation	*(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, Liberia, Malta, Delaware, Cayman Islands, Hong Kong, British Virgin Islands, Luxemburg and Belgium 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. A discussion of the Company’s significant accounting policies can be found in Note 2 to the Company’s consolidated financial statements included in the Annual Report filed on Form 20-F on March 24, 2023 with the SEC for the year ended December 31, 2022. There have been no material changes to these policies in the six months ended June 30, 2023, apart from those discussed below. As of June 30, 2023, the Company has elected one of the optional expedients provided in the ASU 2020-04 Reference Rate Reform and its update that allows entities with contract modifications within the scope of Topic 470, for which the terms that are modified solely relate to directly replacing, or having the potential to replace a reference rate with another interest rate index, to account for the modification that meets the scope of paragraphs 848-20-15-2 through 15-3 as if the modification was not substantial. That is, the original contract and the new contract shall be accounted for as if they were not substantially different from one another, and the modification shall not be accounted for in the same manner as a debt extinguishment. As of June 30, 2023, the Company has entered into certain amendments in the existing loan agreements in order to replace the reference rate from Libor to Secured Overnight Financing Rate (“SOFR”). The Company will continue to evaluate the potential impact of adopting the standards on its consolidated financial statements.
Revenue and Expense Recognition	*(c) 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 $300,689 and $255,288 for the three month periods ended June 30, 2023 and 2022, respectively. Revenue from time chartering and bareboat chartering of vessels amounted to $568,361 and $476,606 for the six month periods ended June 30, 2023 and 2022, 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 $31,302 and $10,835 for the three month periods ended June 30, 2023 and 2022, respectively. Revenue from voyage contracts amounted to $55,052 and $17,406 for the six month periods ended June 30, 2023 and 2022, 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 $14,947 and $13,726 for the three month periods ended June 30, 2023 and 2022, respectively. Revenue from vessels operating in pooling arrangements amounted to $32,997 and $22,392 for the six month periods ended June 30, 2023 and 2022, 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 $0 and $812 for the three month periods ended June 30, 2023 and 2022, respectively. Profit-sharing revenue amounted to $50 and $874 for the six month periods ended June 30, 2023 and 2022, 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	*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, 2022.

Segment Information - Revenue by Geographic Region (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 346,938	$ 280,661	$ 656,460	$ 517,278
Asia [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	249,486	180,047	450,239	321,244
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	57,901	77,047	117,352	150,963
North America [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 39,551	$ 23,567	$ 88,869	$ 45,071

- 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

+ Details

Cash and Cash Equivalents (Tables)

6 Months Ended

Jun. 30, 2023

Cash and Cash Equivalents [Abstract]

Cash and Cash Equivalents


		June 30, 2023		December 31, 2022
Cash and cash equivalents	$	261,416	$	157,814
Restricted cash		8,636		17,284
Total cash and cash equivalents and restricted cash	$	270,052	$	175,098

Leases (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Leases (Details Narrative) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Operating Lease, Right-of-Use Asset	$ 297,644		$ 297,644		$ 323,048
Sublease Income	22,746	$ 18,117	43,120	$ 34,299
Revenues	346,938	280,661	656,460	517,278
Operating Leases [Member]
Related Party Transaction [Line Items]
Operating Lease, Liability	290,857		290,857		311,115
Operating Lease, Right-of-Use Asset	297,644		297,644		$ 323,048
Time charter and voyage revenues	$ 17,418	7,702	$ 34,751	15,319
Lessee, Operating Lease, Remaining Lease Term	9 years 3 months 18 days		9 years 3 months 18 days
Finance Leases [Member]
Related Party Transaction [Line Items]
Sublease Income	$ 22,080		$ 39,865
Lessee, Finance Lease, Remaining Lease Term	9 years 1 month 6 days		9 years 1 month 6 days
Bareboat charter-in contract [Member] \| Navios Libra and Navios Celeste [Member]
Related Party Transaction [Line Items]
Incremental borrowing rates					7.00%
Bareboat charter-in contract [Member] \| Navios Amitie and Navios Star [Member]
Related Party Transaction [Line Items]
Incremental borrowing rates					5.00%
Bareboat charter-in contract [Member] \| Baghdad, Erbil, Navios Horizon I, Navios Gemini, Navios Venus and Navios Lyra [Member]
Related Party Transaction [Line Items]
Incremental borrowing rates					6.00%
Bareboat charter-in contract [Member] \| Nave Electron [Member]
Related Party Transaction [Line Items]
Incremental borrowing rates					4.00%
Bareboat Charter Out Contract [Member]
Related Party Transaction [Line Items]
Revenues	$ 8,065	$ 5,247	$ 16,042	$ 10,432
Bareboat Charter Out Contract [Member] \| Baghdad and Erbil [Member]
Related Party Transaction [Line Items]
Lessee, Operating Lease, Description			ten years

Commitments and Contingencies (Details Narrative) $ in Thousands	3 Months Ended	4 Months Ended	6 Months Ended				9 Months Ended		10 Months Ended	11 Months Ended			12 Months Ended
	Mar. 31, 2019	Apr. 30, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jul. 02, 2021 USD ($)	Jun. 30, 2020	Oct. 01, 2021 USD ($)	Sep. 30, 2018	Oct. 18, 2019 USD ($)	Nov. 30, 2022 USD ($)	Nov. 30, 2021 USD ($)	Nov. 30, 2017 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)
Property, Plant and Equipment [Line Items]
Increase (Decrease) in Deposits Outstanding			$ 113,600	$ 55,586
Deposits for vessels acquisitions			317,197										$ 218,663
Contractual Obligation				123,982
Initial direct costs			32,189
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
Date of delivery												July 24, 2019
Increase (Decrease) in Deposits Outstanding												$ 5,540
Deposits for vessels acquisitions																	$ 2,770	$ 2,770
Other Assets, Noncurrent			6,231
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
Deposits for vessels acquisitions															$ 10,034	$ 1,434
Other Assets, Noncurrent			13,215
Number of vessels									2
Contractual Obligation														$ 860
Navios Amitie [Member] \| Bareboat charter-in contract [Member]
Property, Plant and Equipment [Line Items]
Vessel type									Panamax
Vessel capacity in DWT									82,002
Date of delivery									May 28, 2021
Navios Star [Member] \| Bareboat charter-in contract [Member]
Property, Plant and Equipment [Line Items]
Vessel type									Panamax
Vessel capacity in DWT									81,994
Date of delivery									June 10, 2021
Four 5,300 TEU newbuilding containerships [Member]
Property, Plant and Equipment [Line Items]
Increase (Decrease) in Deposits Outstanding					$ 18,480
Deposits for vessels acquisitions			61,600
Number of vessels					4
Contractual Obligation			43,120
Vessel capacity in TEU					5,300
Additions					$ 61,600
Date of expected delivery of vessel					second half of 2023 and first half of 2024
Repayment installments					3
Four 5,300 TEU newbuilding containerships [Member] \| First installment of each vessel [Member]
Property, Plant and Equipment [Line Items]
Deposits for vessels acquisitions														24,640
Four 5,300 TEU newbuilding containerships [Member] \| Second Instalment For Four Vessels And Third Installment For Two Vessels [Member]
Property, Plant and Equipment [Line Items]
Deposits for vessels acquisitions													36,960
Two 5,300 TEU newbuilding containerships [Member]
Property, Plant and Equipment [Line Items]
Increase (Decrease) in Deposits Outstanding							$ 18,480
Deposits for vessels acquisitions			18,480
Contractual Obligation			43,120
Vessel capacity in TEU							5,300
Additions							$ 61,600
Date of expected delivery of vessel							second half of 2024
Repayment installments							3
Two 5,300 TEU newbuilding containerships [Member] \| First installment for two vessels [Member]
Property, Plant and Equipment [Line Items]
Deposits for vessels acquisitions														$ 12,320
Two 5,300 TEU newbuilding containerships [Member] \| Second installment for one vessel [Member]
Property, Plant and Equipment [Line Items]
Deposits for vessels acquisitions			6,160
Four 5,300 TEU newbuilding containerships (two plus two optional) [Member]
Property, Plant and Equipment [Line Items]
Increase (Decrease) in Deposits Outstanding											$ 25,130
Deposits for vessels acquisitions			62,825
Contractual Obligation			37,695
Vessel capacity in TEU											5,300
Additions											$ 62,825
Date of expected delivery of vessel											second half of 2023 and in 2024
Repayment installments											4
Four 5,300 TEU newbuilding containerships (two plus two optional) [Member] \| First installment for four vessels, second installment for two vessels and third installment for one vessel [Member]
Property, Plant and Equipment [Line Items]
Deposits for vessels acquisitions													43,978
Four 5,300 TEU newbuilding containerships (two plus two optional) [Member] \| Second installment for two vessels and third installment for one vessel [Member]
Property, Plant and Equipment [Line Items]
Deposits for vessels acquisitions			18,848
Four Aframax/ LR2 newbuilding vessels [Member]
Property, Plant and Equipment [Line Items]
Vessel capacity in DWT		115,000
Increase (Decrease) in Deposits Outstanding		$ 23,400
Deposits for vessels acquisitions			37,595
Contractual Obligation			35,100
Additions		$ 58,500
Date of expected delivery of vessel		during 2024
Repayment installments		4
Additional features		$ 4,158
Four Aframax/ LR2 newbuilding vessels [Member] \| First installment for four vessels [Member]
Property, Plant and Equipment [Line Items]
Deposits for vessels acquisitions													25,063
Four Aframax/ LR2 newbuilding vessels [Member] \| Second installment for two vessels [Member]
Property, Plant and Equipment [Line Items]
Deposits for vessels acquisitions			12,532
Two newbuilding liquified natural gas dual fuel [Member]
Property, Plant and Equipment [Line Items]
Increase (Decrease) in Deposits Outstanding				$ 92,408
Deposits for vessels acquisitions			92,408
Contractual Obligation			23,102
Vessel capacity in TEU				7,700
Additions				$ 115,510
Date of expected delivery of vessel				the second half of 2024 and the first quarter of 2025
Repayment installments				4
Two newbuilding liquified natural gas dual fuel [Member] \| First installment of each vessel [Member]
Property, Plant and Equipment [Line Items]
Deposits for vessels acquisitions													$ 46,204
First installment of each vessel [Member] \| Second installment for two vessels [Member]
Property, Plant and Equipment [Line Items]
Deposits for vessels acquisitions			46,204
Two Aframax/ LR2 newbuilding vessels [Member]
Property, Plant and Equipment [Line Items]
Vessel capacity in DWT										115,000
Increase (Decrease) in Deposits Outstanding										$ 24,200
Deposits for vessels acquisitions			12,100
Contractual Obligation			$ 36,300
Additions										$ 60,500
Date of expected delivery of vessel										first half of 2025
Repayment installments										4
Additional features										$ 4,158
Two newbuilding Japanese MR2 Product Tanker vessels [Member]
Property, Plant and Equipment [Line Items]
Lessee, Operating Lease, Description													ten years
Increase (Decrease) in Deposits Outstanding													$ 18,000
Date of expected delivery of vessel													second half of 2025 and the first half of 2026
Other Two newbuilding Japanese MR2 Product Tanker vessels [Member]
Property, Plant and Equipment [Line Items]
Lessee, Operating Lease, Description			ten years
Increase (Decrease) in Deposits Outstanding			$ 18,000
Date of expected delivery of vessel			second half of 2026 and the first half of 2027
Baghdad VLCC and Erbil VLCC [Member] \| Upon Acquisition Of Navios Acquisition [Member]
Property, Plant and Equipment [Line Items]
Lessee, Operating Lease, Description								12-year
Deposits for vessels acquisitions			$ 1,767
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 delivery								October 28, 2020
Erbil VLCC [Member] \| Upon Acquisition Of Navios Acquisition [Member]
Property, Plant and Equipment [Line Items]
Vessel capacity in DWT								313,486
Date of delivery								February 17, 2021
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
Date of delivery	August 30, 2021
Deposits for vessels acquisitions			1,608
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
Date of delivery						July 5, 2022
Deposits for vessels acquisitions			$ 1,051

Cash and Cash Equivalents

6 Months Ended

Jun. 30, 2023

Cash and Cash Equivalents [Abstract]

Cash and Cash Equivalents

NOTE 3 – CASH AND CASH EQUIVALENTS Cash and Cash Equivalents

Cash and Cash Equivalents


		June 30, 2023		December 31, 2022
Cash and cash equivalents	$	261,416	$	157,814
Restricted cash		8,636		17,284
Total cash and cash equivalents and restricted cash	$	270,052	$	175,098

As of June 30, 2023 and December 31, 2022, restricted cash amounted to $8,636 and $17,284, respectively, and relates 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.

Description of Business (Details Narrative) - shares	6 Months Ended
Description of Business (Details Narrative) - shares	Jun. 30, 2023	Dec. 31, 2022
Formation date	August 7, 2007
Limited Liability Company or Limited Partnership, Managing Member or General Partner, Name	Olympos Maritime Ltd.
Common units outstanding	30,184,388	30,184,388
General partner units oustanding	622,296	622,296
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%

Vessels, net (Tables)

6 Months Ended

Jun. 30, 2023

Property, Plant and Equipment [Abstract]

Vessels, net

Total Vessels	Cost		Accumulated Depreciation		Net Book Value
Balance December 31, 2022	$	4,292,150	$	(514,821)	$	3,777,329
Additions/ (Depreciation)		271,703		(98,846)		172,857
Disposals		(232,920)		16,777		(216,143)
Balance June 30, 2023	$	4,330,933	$	(596,890)	$	3,734,043

The above balances as of June 30, 2023 are analyzed in the following tables:

Owned Vessels	Cost		Accumulated Depreciation		Net Book Value
Balance December 31, 2022	$	3,757,903	$	(505,943)	$	3,251,960
Additions/ (Depreciation)		110,220		(87,232)		22,988
Disposals		(176,846)		15,686		(161,160)
Balance June 30, 2023	$	3,691,277	$	(577,489)	$	3,113,788

Right-of-use assets under finance Lease	Cost		Accumulated Depreciation		Net Book Value
Balance December 31, 2022	$	534,247	$	(8,878)	$	525,369
Additions/ (Depreciation)		161,483		(11,614)		149,869
Transfers to owned vessels		(56,074)		1,091		(54,983)
Balance June 30, 2023	$	639,656	$	(19,401)	$	620,255

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 261,416	$ 157,814
Restricted cash	8,636	17,284
Accounts receivable, net	31,464	75,030
Amounts due from related parties	$ 2,647	$ 0
Other Receivable, after Allowance for Credit Loss, Current, Related and Nonrelated Party Status [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Prepaid expenses and other current assets	$ 59,698	$ 60,296
Total current assets	363,861	310,424
Vessels, net	3,734,043	3,777,329
Deposits for vessels acquisitions	317,197	218,663
Other long-term assets	32,880	46,122
Deferred dry dock and special survey costs, net	110,912	99,999
Amounts due from related parties	39,519	41,403
Intangible assets	69,509	78,716
Operating lease assets	297,644	323,048
Total non-current assets	4,601,704	4,585,280
Total assets	4,965,565	4,895,704
Current liabilities
Accounts payable	19,145	27,117
Accrued expenses	23,895	16,049
Deferred revenue	59,290	38,875
Operating lease liabilities, current portion	35,190	39,853
Amounts due to related parties	$ 0	$ 104,751
Other Liability, Current, Related and Nonrelated Party Status [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Current portion of financial liabilities, net	$ 143,025	$ 216,955
Current portion of long-term debt, net	160,224	174,140
Total current liabilities	440,769	617,740
Operating lease liabilities, net	255,667	271,262
Unfavorable lease terms	34,996	47,906
Long-term financial liabilities, net	858,044	864,661
Long-term debt, net	763,410	689,691
Deferred revenue	53,585	50,138
Other long-term liabilities	7,736	11,343
Total non-current liabilities	1,973,438	1,935,001
Total liabilities	2,414,207	2,552,741
Commitments and contingencies	0	0
Partners’ capital:
Common Unitholders (30,184,388 units issued and outstanding at each of June 30, 2023 and December 31, 2022)	2,509,723	2,305,494
General Partner (622,296 units issued and outstanding at each of June 30, 2023 and December 31, 2022)	41,635	37,469
Total partners’ capital	2,551,358	2,342,963
Total liabilities and partners’ capital	$ 4,965,565	$ 4,895,704

Intangible Assets and Liabilities

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets and Liabilities

NOTE 5 – INTANGIBLE ASSETS AND LIABILITIES Intangible Assets and Liabilities

Intangible assets as of June 30, 2023 and December 31, 2022 consisted of the following:

	Cost		Accumulated Amortization		Net Book Value
Favorable lease terms December 31, 2022	$	211,644	$	(132,928)	$	78,716
Amortization		—		(9,207)		(9,207)
Favorable lease terms June 30, 2023	$	211,644	$	(142,135)	$	69,509

Amortization expense of favorable lease terms for each of the periods ended June 30, 2023 and 2022 is presented in the following table:

	Three Month Period Ended June 30, 2023		Three Month Period Ended June 30, 2022		Six Month Period Ended June 30, 2023		Six Month Period Ended June 30, 2022
	(unaudited)		(unaudited)		(unaudited)		(unaudited)
Favorable lease terms	$	(4,539)	$	(5,565)	$	(9,207)	$	(12,430)
Total	$	(4,539)	$	(5,565)	$	(9,207)	$	(12,430)

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

Period	Amount
2024	$	18,156
2025		17,702
2026		11,182
2027		5,115
2028		4,982
2029 and thereafter		12,372
Total	$	69,509

Intangible assets subject to amortization are amortized using straight-line method over their estimated useful lives to their estimated residual value of zero. As of June 30, 2023, the weighted average useful life of the remaining favorable lease terms was 5.2 years.

Intangible liabilities as of June 30, 2023 and December 31, 2022 consisted of the following:

	Cost		Accumulated Amortization		Net Book Value
Unfavorable lease terms December 31, 2022	$	(231,407)	$	183,501	$	(47,906)
Amortization		—		12,910		12,910
Unfavorable lease terms June 30, 2023	$	(231,407)	$	196,411	$	(34,996)

Amortization income of unfavorable lease terms for each of the periods ended June 30, 2023 and 2022 is presented in the following table:

	Three Month Period Ended		Three Month Period Ended		Six Month Period Ended		Six Month Period Ended
	June 30, 2023		June 30, 2022		June 30, 2023		June 30, 2022
	(unaudited)		(unaudited)		(unaudited)		(unaudited)
Unfavorable lease terms	$	5,322	$	17,587	$	12,910	$	39,426
Total	$	5,322	$	17,587	$	12,910	$	39,426

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

Period	Amount
2024	$	13,319
2025		12,204
2026		9,473
2027		—
2028		—
2029 and thereafter		—
Total	$	34,996

Intangible liabilities subject to amortization are amortized using straight-line method over their estimated useful lives to their estimated residual value of zero. As of June 30, 2023, the weighted average useful life of the remaining unfavorable lease terms was 2.8 years.

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, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Net income	$ 112,308	$ 118,160	$ 211,473	$ 203,825
Income attributable to:
Earnings per unit basic	$ 3.65	$ 3.84	$ 6.87	$ 6.62
Earnings per unit diluted	$ 3.65	$ 3.83	$ 6.87	$ 6.61
Limited Partner [Member]
Net income	$ 110,062	$ 115,797	$ 207,245	$ 199,749
Income attributable to:
Weighted average units outstanding basic	30,183,387	30,154,171	30,183,387	30,154,171
Earnings per unit basic	$ 3.65	$ 3.84	$ 6.87	$ 6.62
Weighted average units outstanding diluted	30,184,388	30,197,087	30,184,388	30,197,087
Earnings per unit diluted	$ 3.65	$ 3.83	$ 6.87	$ 6.61
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://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481687/323-10-50-3

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 28
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482907/825-10-50-28

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482765/220-10-50-6

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-3

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480175/815-40-65-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-8

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-9

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-11

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-11

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-4

Reference 13: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 830
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480167/946-830-55-10

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section 45
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483581/946-220-45-7

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(18))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(9))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(1)(d))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 20: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 60B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482689/260-10-45-60B

Reference 32: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 34: http://www.xbrl.org/2003/role/disclosureRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483499/205-20-50-7

Reference 35: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 230
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 28
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482740/230-10-45-28

Reference 36: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-1A

Reference 37: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-1B

Reference 38: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2

Reference 39: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(22))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1

+ Details

Commitments and Contingencies

6 Months Ended

Jun. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

NOTE 11 – 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, 2023, the total amount of $6,231, 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, 2023, the total amount of $13,215, including expenses, is presented under the caption “Other long-term assets” 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. During the year ended December 31, 2021, the first installment of each vessel of $6,160, or $24,640 accumulated for the four vessels, was paid. During the year ended December 31, 2022, the aggregate amount of $36,960 in relation to the second instalment for the four vessels and the third instalment for the two vessels, was paid. As of June 30, 2023, the total amount of $61,600 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. During the year ended December 31, 2021, the first installment of each vessel of $6,160, or $12,320 accumulated for the two vessels, was paid. During the first half of 2023, the second installment of $6,160 for the one vessel, was paid. As of June 30, 2023, the total amount of $18,480 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. During the year ended December 31, 2022, the aggregate amount of $43,978 in relation to the first installment for the four vessels, the second installment for the two vessels and the third installment for the one vessel, was paid. During the first half of 2023, the aggregate amount of $18,848 in relation to the second installment for the two vessels and the third installment for the one vessel was paid. As of June 30, 2023, the total amount of $ 62,825 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. Navios Partners agreed to pay in total $23,400 plus extras 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. During the year ended December 31, 2022, the first installment of each vessel of $6,266, or $25,063 accumulated for the four vessels, was paid. During the first half of 2023, the aggregate amount of $12,532 in relation to the second installment for the two vessels was paid. As of June 30, 2023, the total amount of $37,595 is presented under the caption “Deposits for vessels acquisitions” in the condensed Consolidated Balance Sheets.

In June 2022, Navios Partners agreed to purchase two newbuilding liquefied natural gas (LNG) dual fuel 7,700 TEU containerships, from an unrelated third party, for an amended purchase price of $115,510 each (original price of $120,610 each). The vessels are expected to be delivered into Navios Partners’ fleet during the second half of 2024 and the first quarter of 2025. Navios Partners agreed to pay in total $92,408 in four installments for each vessel and the remaining amount of $23,102 for each vessel will be paid upon delivery of the vessel. During the year ended December 31, 2022, the first installment of each vessel of $23,102, or $46,204 accumulated for the two vessels, was paid. During the first half of 2023, the aggregate amount of $46,204 in relation to the second installment for the two vessels of $23,102 was paid. As of June 30, 2023, the total amount of $92,408 is presented under the caption “Deposits for vessels acquisitions” in the condensed Consolidated Balance Sheets.

In November 2022, Navios Partners agreed to acquire two 115,000 dwt Aframax/LR2 newbuilding vessels for a purchase price of $60,500 each (plus $4,158 in additional features). The vessels are expected to be delivered into Navios Partners’ fleet during the first half of 2025. Navios Partners agreed to pay in total $24,200 plus extras in four installments for each vessel

and the remaining amount of $36,300 plus extras for each vessel will be paid upon delivery of each vessel. During the first half of 2023, the aggregate amount of $12,100 in relation to the first installment for the two vessels was paid. As of June 30, 2023, the total amount of $12,100 is presented under the caption “Deposits for vessels acquisitions” in the condensed Consolidated Balance Sheets.

In December 2022, Navios Partners agreed to acquire two newbuilding Japanese MR2 Product Tanker vessels from an unrelated third party, under bareboat contracts. Each vessel is being bareboat-in for ten years. Navios Partners has the option to acquire the vessels starting at the end of year four until the end of the charter period. Navios Partners agreed to pay in total $18,000, representing a deposit for the option to acquire the vessels after the end of the fourth year. The vessels are expected to be delivered into Navios Partners’ fleet during the second half of 2025 and the first half of 2026. The closing of the transaction is subject to completion of customary documentation.

During the second quarter of 2023, Navios Partners agreed to acquire two newbuilding Japanese MR2 Product Tanker vessels from an unrelated third party, under bareboat contracts. Each vessel is being bareboat-in for ten years. Navios Partners has the option to acquire the vessels starting at the end of year four until the end of the charter period. Navios Partners agreed to pay in total $18,000, representing a deposit for the option to acquire the vessels after the end of the fourth year. The vessels are expected to be delivered into Navios Partners’ fleet during the second half of 2026 and the first half of 2027. The closing of the transaction is subject to completion of customary documentation.

Upon acquisition of the majority of outstanding stock of Navios Maritime Acquisition Corporation (“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 the 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. On February 17, 2021, Navios Acquisition took delivery of the Erbil. As of June 30, 2023, the total amount of $1,767 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 the Nave Electron, a newbuilding Japanese VLCC of 313,239 dwt. On August 30, 2021, Navios Partners took delivery of the Nave Electron. As of June 30, 2023, the total amount of $1,608 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 the 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. As of June 30, 2023, the total amount of $1,051 is presented under the caption “Other long-term assets” in the condensed Consolidated Balance Sheets.

As of June 30, 2023, an amount of $32,189 related to capitalized costs is presented under the caption “Deposits for vessels acquisitions” in the condensed Consolidated Balance Sheets.

As of June 30, 2023, the Company’s future minimum lease commitments under the Company’s bareboat-in contracts for undelivered vessels, are as follows:

Period ending June 30,	Amount
2024	$	—
2025		—
2026		2,545
2027		9,728
2028		12,371
2029 and thereafter		99,338
Total	$	123,982

Vessels, net (Details Narrative) $ in Thousands		1 Months Ended						2 Months Ended		3 Months Ended				4 Months Ended				5 Months Ended	6 Months Ended			7 Months Ended
Vessels, net (Details Narrative) $ in Thousands	Jan. 09, 2023 USD ($)	Feb. 07, 2023 USD ($)	Feb. 05, 2023 USD ($)	Feb. 03, 2023 USD ($)	Jan. 26, 2023 USD ($)	Jan. 24, 2023 USD ($)	Jan. 17, 2023 USD ($)	Mar. 06, 2023 USD ($)	Mar. 03, 2023 USD ($)	Jun. 30, 2023 USD ($)	Apr. 05, 2023 USD ($)	Mar. 29, 2023 USD ($)	Jun. 30, 2022 USD ($)	May 10, 2023	May 04, 2023 USD ($)	May 03, 2023 USD ($)	Apr. 27, 2023 USD ($)	May 16, 2023 USD ($)	Jun. 30, 2023 USD ($)	Jun. 21, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jul. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Property, Plant and Equipment [Line Items]
Finance Lease, Liability, Current										$ 143,025									$ 143,025				$ 216,955
Payments for Capital Improvements																			70,574		$ 6,274
Proceeds from Sale of Property, Plant, and Equipment																			215,839		0
Gain (Loss) on Disposition of Property Plant Equipment										10,151			$ 0						43,601		0
Dry dock and special survey costs, net										11,078									11,078
Property, Plant and Equipment, Net										3,734,043									3,734,043				$ 3,777,329
Management Agreement [Member]
Property, Plant and Equipment [Line Items]
Payments for Capital Improvements																			21,342		$ 6,274
Navios Amber [Member]
Property, Plant and Equipment [Line Items]
Increase in finance lease liability																			1,877
Finance Lease, Liability, Current										46,663									46,663
Navios Amethyst [Member]
Property, Plant and Equipment [Line Items]
Increase in finance lease liability																			2,346
Vessel year built																				2023
Vessel type																				Capesize
Vessel capacity in DWT																				182,212
Finance Lease, Right-of-Use Asset, after Accumulated Amortization																				$ 63,690
Navios Sakura [Member]
Property, Plant and Equipment [Line Items]
Increase in finance lease liability																			2,579
Vessel year built																	2023
Vessel type																	Capesize
Vessel capacity in DWT																	182,169
Finance Lease, Right-of-Use Asset, after Accumulated Amortization																	$ 49,770
Navios Altair [Member]
Property, Plant and Equipment [Line Items]
Increase in finance lease liability																			2,815
Vessel year built												2023
Vessel type												Capesize
Vessel capacity in DWT												182,115
Finance Lease, Right-of-Use Asset, after Accumulated Amortization												$ 45,934
Navios Felix [Member]
Property, Plant and Equipment [Line Items]
Vessel year built								2016
Vessel type								Capesize
Vessel capacity in DWT								181,221
Payments to Acquire Property, Plant, and Equipment								$ 42,879
Capitalized expenses								1,600
Additions								$ 53,232
Navios Meridian [Member]
Property, Plant and Equipment [Line Items]
Vessel year built			2023
Vessel type			Panamax
Vessel capacity in DWT			82,010
Additions			$ 35,605
Navios Serenitas N [Member]
Property, Plant and Equipment [Line Items]
Vessel year built																		2011
Vessel type																		Ultra-Handymax
Vessel capacity in DWT																		56,644
Proceeds from Sale of Property, Plant, and Equipment																		$ 12,005
Navios Libertas [Member]
Property, Plant and Equipment [Line Items]
Vessel year built															2007
Vessel type															Panamax
Vessel capacity in DWT															75,511
Proceeds from Sale of Property, Plant, and Equipment															$ 13,524
Navios Anthos [Member]
Property, Plant and Equipment [Line Items]
Vessel year built																2004
Vessel type																Panamax
Vessel capacity in DWT																75,798
Proceeds from Sale of Property, Plant, and Equipment																$ 10,780
Navios Aurora N [Member]
Property, Plant and Equipment [Line Items]
Vessel year built											2008
Vessel type											LR1
Vessel capacity in DWT											63,495
Proceeds from Sale of Property, Plant, and Equipment											$ 21,875
Navios Nave Photon [Member]
Property, Plant and Equipment [Line Items]
Vessel year built									2008
Vessel type									VLCC
Vessel capacity in DWT									297,395
Proceeds from Sale of Property, Plant, and Equipment									$ 52,000
Navios Prosperity I [Member]
Property, Plant and Equipment [Line Items]
Vessel year built		2007
Vessel type		Panamax
Vessel capacity in DWT		75,527
Proceeds from Sale of Property, Plant, and Equipment		$ 13,337
Navios Jupiter N [Member]
Property, Plant and Equipment [Line Items]
Vessel year built				2011
Vessel type				Post-Panamax
Vessel capacity in DWT				93,062
Proceeds from Sale of Property, Plant, and Equipment				$ 16,096
Navios Star N [Member]
Property, Plant and Equipment [Line Items]
Vessel year built					2009
Vessel type					MR1
Vessel capacity in DWT					37,836
Proceeds from Sale of Property, Plant, and Equipment					$ 17,738
Navios Amaryllis [Member]
Property, Plant and Equipment [Line Items]
Vessel year built					2008
Vessel type					Ultra-Handymax
Vessel capacity in DWT					58,735
Proceeds from Sale of Property, Plant, and Equipment					$ 14,798
Navios Nave Polaris [Member]
Property, Plant and Equipment [Line Items]
Vessel year built						2011
Vessel type						Chemical Tanker
Vessel capacity in DWT						25,145
Proceeds from Sale of Property, Plant, and Equipment						$ 14,909
Navios Nave Dorado [Member]
Property, Plant and Equipment [Line Items]
Vessel year built							2005
Vessel type							MR2
Vessel capacity in DWT							47,999
Proceeds from Sale of Property, Plant, and Equipment							$ 15,313
Navios Nave Cosmos [Member]
Property, Plant and Equipment [Line Items]
Vessel year built	2010
Vessel type	Chemical Tanker
Vessel capacity in DWT	25,130
Proceeds from Sale of Property, Plant, and Equipment	$ 13,464
Nave Lumen N [Member] \| Vessels Agreed To Be Sold [Member]
Property, Plant and Equipment [Line Items]
Vessel year built														2008
Vessel type														LR1
Vessel capacity in DWT														63,599
Proceeds from Sale of Property, Plant, and Equipment																						$ 21,583
Property, Plant and Equipment, Net										$ 14,246									$ 14,246

Repurchases and Issuance of Units

6 Months Ended

Jun. 30, 2023

Repurchases And Issuance Of Units

Repurchases and Issuance of Units

NOTE 8 – REPURCHASES AND ISSUANCE OF UNITS Repurchases and Issuance of Units

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. As of June 30, 2023, no repurchases of common units had been made. 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.

The effect of compensation expense arising from the restricted common units granted in December 2019 and 2018 and February 2019, amounted to $1 and $2 for the three and six month periods ended June 30, 2023, 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 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.

As of June 30, 2023, the estimated compensation cost related to service conditions of non-vested restricted common units granted in 2019 not yet recognized was $2.

As of each of June 30, 2023 and December 31, 2022, there were 1,001 restricted common units outstanding that remained unvested.

Leases (Details) - Operating Leases [Member] - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
2024	$ 50,472
2025	41,071
2026	38,340
2027	37,891
2028	37,312
2029 and thereafter	167,892
Total	372,978
Operating lease liabilities, including current portion	290,857	$ 311,115
Discount based on incremental borrowing rate	$ 82,121

Transactions with related parties and affiliates

6 Months Ended

Jun. 30, 2023

Transactions with related parties and affiliates

NOTE 12 – 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.

Following the completion of the merger with Navios Maritime Containers L.P. (“Navios Containers”), the fleet of Navios Containers is included in Navios Partners’ owned fleet and continued to be operated by the Manager pursuant to the terms of the Navios Containers’ management agreement with the Manager (the “NMCI Management Agreement”).

Following the completion of the merger with Navios Acquisition, the fleet of Navios Acquisition is included in Navios Partners’ owned fleet and continued to be operated by Tankers Manager pursuant to 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”).

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

Following completion of the mergers with Navios Containers and Navios Acquisition, 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 were 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 from Navios Holdings, which includes time 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 time charter-in vessel per day.

Commencing from January 1, 2023 vessel operating expenses are fixed for one year for a daily fee of: (a) $4.62 per Ultra-Handymax Vessel; (b) $4.72 per Panamax Vessel; (c) $5.74 per Capesize Vessel; (d) $6.47 per Containership of TEU 1,300 up to 3,400; (e) $6.59 per Containership of TEU 3,450 up to 4,999; (f) $7.32 per Containership of TEU 5,000 up to 6,800; (g) $8.25 per Containership of TEU 8,000 up to 9,999; (h) $8.77 per Containership of TEU 10,000 up to 11,999; (i) $7.24 per MR2 and MR1 product tanker and chemical tanker vessel; (j) $7.67 per LR1 product tanker vessel; and (k) $10.24 per VLCC.

The Management Agreements also provide for payment of a termination fee, equal to the fees charged for the full calendar year 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, 2023, certain extraordinary fees and costs related to vessels’ regulatory requirements, including ballast water treatment system installation, exhaust gas cleaning system installation, scrubber system installation, and other improvements under the Company’s Management Agreements, amounted to $14,154 and $19,743, respectively, and are presented under the caption “Acquisition of/ additions to vessels” 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 vessels’ regulatory requirements, including ballast water treatment system installation and exhaust gas cleaning system installation under Company’s Management Agreements, amounted to $3,628 and $6,274, respectively, and are presented under the caption “Acquisition of/ additions to vessels” in the condensed Consolidated Statements of Cash Flows.

During three and six month periods ended June 30, 2023, certain extraordinary fees and costs related to COVID-19 measures, including crew related expenses, amounted to $997 and $2,291, respectively, and are presented under the caption of “Direct vessel expenses” in the condensed Consolidated Statements of Operations.

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, 2023 amounted to $82,550 and $165,766, respectively.

Total vessel operating expenses for the three and six month periods ended June 30, 2022 amounted to $73,989 and $147,161, 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, 2023 amounted to $15,755 and $29,861, respectively. 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.

Balance due from/ (to) related parties: Balance due from related parties long-term as of June 30, 2023 and December 31, 2022 amounted to $39,519 and $41,403, respectively. Balance due from related parties short-term as of June 30, 2023 and December 31, 2022 amounted to $2,647 and $0, respectively. Balance due to related parties, short-term as of June 30, 2023 and December 31, 2022 amounted to $0 and $104,751, respectively. 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.

Others: Navios Partners has entered into an omnibus agreement with Navios Holdings (the “Partners Omnibus Agreement”) in connection with the closing of Navios Partners’ IPO governing, among other things, when Navios Holdings and Navios Partners may compete against each other as well as rights of first offer on certain drybulk carriers. Pursuant to the Partners Omnibus Agreement, Navios Partners generally agreed not to acquire or own Panamax or Capesize drybulk carriers under time charters of three or more years without the consent of an independent committee of Navios Partners. In addition, Navios Holdings has agreed to offer to Navios Partners the opportunity to purchase vessels from Navios Holdings when such vessels are fixed under time charters of three or more years.

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.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480990/946-20-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480990/946-20-50-5

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480990/946-20-50-6

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481062/946-235-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481062/946-235-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483326/850-10-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(g)(3))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(c))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(e))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//850/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483326/850-10-50-6

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483326/850-10-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483326/850-10-50-1

+ Details

Intangible Assets And Liabilities - Aggregate Amortizations of Intangible Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
2024	$ 13,319
2025	12,204
2026	9,473
2027	0
2028	0
2029 and thereafter	0
Total	$ 34,996	$ 47,906

Borrowings (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Debt Disclosure [Abstract]
Credit facilities	$ 933,627	$ 874,038
Financial liabilities	526,156	695,934
Finance lease liabilities	481,305	389,007
Total borrowings	1,941,088	1,958,979
Less: Current portion of long-term borrowings, net	(303,249)	(391,095)
Less: Deferred finance costs, net	(16,385)	(13,532)
Long-term borrowings, net	$ 1,621,454	$ 1,554,352

- 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 (Details Narrative)		2 Months Ended			3 Months Ended			4 Months Ended						5 Months Ended		6 Months Ended
Borrowings (Details Narrative)	Jan. 05, 2023 USD ($)	Mar. 10, 2023 USD ($)	Feb. 28, 2023 USD ($)	Feb. 16, 2023 USD ($)	Mar. 31, 2023 USD ($)	Mar. 29, 2023 USD ($)	Jun. 30, 2022 USD ($)	May 03, 2023 USD ($)	May 02, 2023 USD ($)	Apr. 27, 2023 USD ($)	Apr. 25, 2023 USD ($)	Apr. 21, 2023 USD ($)	Apr. 19, 2023 USD ($)	Jun. 12, 2023 USD ($)	May 31, 2023	Jun. 30, 2023 USD ($)	Jun. 28, 2023 USD ($)	Jun. 26, 2023 USD ($)	Jun. 21, 2023 USD ($)	Jun. 20, 2023 USD ($)	Jun. 16, 2023 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)	Jul. 29, 2022	Mar. 31, 2022
Debt Instrument [Line Items]
Amount drawn down																$ 933,627,000							$ 874,038,000
Outstanding balance of sale and leaseback agreement																481,305,000							389,007,000
Finance Lease, Interest Expense					$ 7,457,000		$ 0									12,622,000						$ 0
Payments related to finance lease liabilities					$ 6,431,000											$ 12,119,000
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 110% 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 of $135,000.
Debt Instrument, Covenant Compliance																As of June 30, 2023, 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					7.44%		3.98%									7.20%						3.98%			4.27%
Financial Liabilities [Member] \| Navios Meridian [member]
Debt Instrument [Line Items]
Line of Credit Facility, Frequency of Payments																monthly
Maturity date																first quarter of 2033
Debt Instrument, Description of Variable Rate Basis																Libor
Debt Instrument, Basis Spread on Variable Rate																1.80%
Sale Leaseback Transaction, Date																January 2022
Finance lease, liability			$ 27,440,000
Vessel type																Panamax
Vessel capacity in DWT																82,010
Number of repayment installments																120
Sale Leaseback Transaction, Monthly Rental Payments																$ 152,000
Purchase Obligation																9,147,000
Outstanding balance of sale and leaseback agreement																26,678,000
Financial Liabilities [Member] \| Navios Felix [member]
Debt Instrument [Line Items]
Amount drawn down		$ 32,000,000
Line of Credit Facility, Frequency of Payments			monthly
Maturity date			first quarter of 2033
Debt Instrument, Description of Variable Rate Basis			Libor
Debt Instrument, Basis Spread on Variable Rate			2.00%
Sale Leaseback Transaction, Date			February 2023
Vessel type			Capesize
Vessel capacity in DWT			181,221
Number of repayment installments			120
Sale Leaseback Transaction, Monthly Rental Payments			$ 260,000
Outstanding balance of sale and leaseback agreement																30,958,000
Vessel year built			2016
Purchase option			$ 750
Financial Liabilities [Member] \| Two new building 5,300 TEU containerships and two newbuilding Aframax/ LR2 tanker vessels [Member]
Debt Instrument [Line Items]
Maturity date															ten years after the drawdown
Debt Instrument, Description of Variable Rate Basis															Term SOFR
Debt Instrument, Basis Spread on Variable Rate															2.10%
Sale Leaseback Transaction, Date															May 2023
Finance lease, liability																$ 178,000,000
Finance Lease Liabilities [Member] \| Navios Amber I [Member]
Debt Instrument [Line Items]
Vessel type																Panamax
Vessel capacity in DWT																80,994
Vessel year built																2015
Purchase option																$ 30,690,000
Date of delivery																July 29, 2022
Lessee, Operating Lease, Description																one-year
Lessee, Operating Lease, Discount Rate																6.00%								6.00%
Increase in finance lease liability																$ 1,877,000
Outstanding balance under bareboat and charter in agreement																$ 33,963,000
Debt Instrument, Frequency of Periodic Payment																monthly
Debt Instrument, Periodic Payment																$ 303,000
Finance Lease Liabilities [Member] \| Navios Altair I [Member]
Debt Instrument [Line Items]
Vessel type						Capesize
Vessel capacity in DWT						182,115
Vessel year built						2023
Purchase option						$ 9,500,000
Date of delivery						March 29, 2023
Lessee, Operating Lease, Description						15-year
Lessee, Operating Lease, Discount Rate						6.50%
Outstanding balance under bareboat and charter in agreement																40,775,000
Debt Instrument, Frequency of Periodic Payment						monthly
Debt Instrument, Periodic Payment						$ 298,000
Repayment years						15
Finance Lease Liabilities [Member] \| Navios Sakura I [Member]
Debt Instrument [Line Items]
Vessel type										Capesize
Vessel capacity in DWT										182,169
Vessel year built										2023
Purchase option										$ 9,500,000
Date of delivery										April 27, 2023
Lessee, Operating Lease, Description										15-year
Lessee, Operating Lease, Discount Rate										5.80%
Outstanding balance under bareboat and charter in agreement																44,509,000
Debt Instrument, Frequency of Periodic Payment										monthly
Debt Instrument, Periodic Payment										$ 334,000
Repayment years										15
Finance Lease Liabilities [Member] \| Navios Amethyst I [Member]
Debt Instrument [Line Items]
Vessel type																			Capesize
Vessel capacity in DWT																			182,212
Vessel year built																			2023
Purchase option																			$ 10,500,000
Date of delivery																			June 21, 2023
Lessee, Operating Lease, Description																			15-year
Lessee, Operating Lease, Discount Rate																			5.60%
Outstanding balance under bareboat and charter in agreement																59,521,000
Debt Instrument, Frequency of Periodic Payment																			monthly
Debt Instrument, Periodic Payment																			$ 399,000
Repayment years																			15
Sale and Leaseback Agreements [Member]
Debt Instrument [Line Items]
Deposits																$ 0							$ 8,650,000
First-Citizens Bank & Trust Company [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Initiation Date																Dec. 21, 2022
Amount drawn down	$ 44,200,000
Description of scope, credit facility																to refinance the existing indebtedness of three of its tanker vessels and for general corporate purposes
Amount drawn down																$ 42,700,000
Repayment installments																19
Line of Credit Facility, Frequency of Payments																quarterly
Line of Credit Facility, Periodic Payment																$ 1,500,000
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid																$ 14,200,000
Maturity date																first quarter of 2028
Debt Instrument, Description of Variable Rate Basis																Term Secured Overnight Financing Rate (“Term SOFR”)
Debt Instrument, Basis Spread on Variable Rate																1.95%
DNB BANK ASA Credit Facility [Member]
Debt Instrument [Line Items]
Description of scope, credit facility				to finance part of the contract price of four newbuilding container vessels, currently under construction
Maturity date				ten years after drawdown
Debt Instrument, Description of Variable Rate Basis				SOFR
Debt Instrument, Basis Spread on Variable Rate				1.70%
Line of Credit Facility, Maximum Borrowing Capacity				$ 161,600,000
Skandinaviska Enskilda Banken AB [Member]
Debt Instrument [Line Items]
Amount drawn down												$ 65,000,000
Description of scope, credit facility													to refinance the existing indebtedness of five of its tanker vessels and for general corporate purposes
Amount drawn down																$ 65,000,000
Repayment installments													20
Line of Credit Facility, Frequency of Payments													quarterly
Line of Credit Facility, Periodic Payment													$ 1,950,000
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid													$ 26,000,000
Maturity date													second quarter of 2028
Debt Instrument, Description of Variable Rate Basis													SOFR
Debt Instrument, Basis Spread on Variable Rate													2.00%
KFW IPEX-BANK GMBH Credit Facility [Member]
Debt Instrument [Line Items]
Amount drawn down																27,026,000
Description of scope, credit facility											to finance the acquisition of two newbuilding 7,700 TEU containerships
Amount drawn down																27,026,000
Maturity date											12 years
Debt Instrument, Description of Variable Rate Basis											SOFR
Debt Instrument, Basis Spread on Variable Rate											1.50%
Line of Credit Facility, Maximum Borrowing Capacity											$ 165,638,000
Eurobank SA [Member]
Debt Instrument [Line Items]
Amount drawn down								$ 30,000,000
Description of scope, credit facility									to refinance the existing indebtedness of three of its tanker vessels and for general corporate purposes
Amount drawn down																30,000,000
Repayment installments									20
Line of Credit Facility, Frequency of Payments									quarterly
Line of Credit Facility, Periodic Payment									$ 900,000
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid									$ 12,000,000
Maturity date									second quarter of 2028
Debt Instrument, Description of Variable Rate Basis									SOFR
Eurobank SA [Member] \| Any part of the loan (up to 70%) [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate									1.00%
Eurobank SA [Member] \| Remaining amount [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate									2.25%
BNP Paribas [Member]
Debt Instrument [Line Items]
Amount drawn down																					$ 40,000,000
Description of scope, credit facility														to refinance the existing indebtedness of nine of its containerships
Amount drawn down																40,000,000
Repayment installments														12
Line of Credit Facility, Frequency of Payments														quarterly
Line of Credit Facility, Periodic Payment														$ 2,083,000
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid														$ 15,004,000
Maturity date														second quarter of 2026
Debt Instrument, Description of Variable Rate Basis														SOFR
Debt Instrument, Basis Spread on Variable Rate														2.50%
June 2023 Credit Facility [Member]
Debt Instrument [Line Items]
Amount drawn down																		$ 107,600,000
Description of scope, credit facility																			to refinance the existing indebtedness of ten of its vessels and for general
Amount drawn down																107,600,000
Repayment installments																			12
Line of Credit Facility, Frequency of Payments																			quarterly
Line of Credit Facility, Periodic Payment																			$ 7,000,000
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid																			$ 23,600,000
Maturity date																			second quarter of 2026
Debt Instrument, Description of Variable Rate Basis																			SOFR
Debt Instrument, Basis Spread on Variable Rate																			2.50%
NBG Credit Facility [Member]
Debt Instrument [Line Items]
Amount drawn down																77,822,000
Description of scope, credit facility																				to refinance the existing indebtedness of ten of its vessels and for general corporate purposes
Amount drawn down																77,822,000
Repayment installments																				20
Line of Credit Facility, Frequency of Payments																				quarterly
Line of Credit Facility, Periodic Payment																				$ 2,500,000
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid																				$ 27,822,000
Maturity date																				second quarter of 2028
Debt Instrument, Description of Variable Rate Basis																				SOFR
Debt Instrument, Basis Spread on Variable Rate																				2.15%
CACIB Credit Facility [Member]
Debt Instrument [Line Items]
Amount drawn down																62,400,000
Description of scope, credit facility																	to refinance existing indebtedness of seven of its dry bulk vessels
Amount drawn down																$ 62,400,000
Repayment installments																	12
Line of Credit Facility, Frequency of Payments																	quarterly
Line of Credit Facility, Periodic Payment																	$ 2,750,000
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid																	$ 29,400,000
Maturity date																	second quarter of 2026
Debt Instrument, Description of Variable Rate Basis																	SOFR
Debt Instrument, Basis Spread on Variable Rate																	2.50%

Intangible Assets and Liabilities (Details Narrative)	6 Months Ended
Intangible Assets and Liabilities (Details Narrative)	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization method	straight-line
Remaining favorable lease terms	5 years 2 months 12 days
Amortization method	straight-line
Remaining unfavorable lease terms	2 years 9 months 18 days

Repurchases and Issuance of Units (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		7 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Jul. 30, 2022	Dec. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-Based Payment Arrangement, Noncash Expense			$ 2	$ 82
Estimated compensation cost related to non-vested restricted common units			$ 2
Restricted common units outstanding			1,001			1,001
Upon the NNA Merger [Member] \| Restricted Stock [Member] \| Share-based awards, 2018 [Member] \| Directors and officers
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-Based Payment Arrangement, Noncash Expense	$ 1	$ 40	$ 2	$ 82
Common Unit Repurchase Program [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Maximum aggregate offering price					$ 100,000

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
OPERATING ACTIVITIES:
Net income	$ 211,473	$ 203,825
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of intangible assets	108,255	84,550
Amortization of unfavorable lease terms	(12,910)	(39,426)
Non-cash amortization of deferred revenue and straight line	29,248	23,452
Amortization of operating lease assets/ liabilities	5,146	(422)
Amortization and write-off of deferred finance costs and discount	3,618	2,677
Amortization of deferred dry dock and special survey costs	18,865	12,922
Gain on sale of vessel, net	(43,601)	0
Stock-based compensation	2	82
Changes in operating assets and liabilities:
Decrease/ (increase) in accounts receivable	43,566	(18,022)
Decrease/ (increase) in prepaid expenses and other current assets	9,248	(28,470)
Increase in amounts due from related parties	(1,765)	(15,779)
Payments for dry dock and special survey costs	(40,856)	(26,246)
(Decrease)/ increase in accounts payable	(7,971)	8,429
Increase in accrued expenses	7,846	3,556
Increase in deferred revenue	2,930	239
Decrease in amounts due to related parties	(104,751)	(64,204)
Net cash provided by operating activities	228,343	147,163
INVESTING ACTIVITIES:
Net cash proceeds from sale of vessels	215,839	0
Deposits for acquisition/ option to acquire vessel	(113,600)	(55,586)
Acquisition of/ additions to vessels	(70,574)	(6,274)
Net cash provided by/ (used in) investing activities	31,665	(61,860)
FINANCING ACTIVITIES:
Cash distributions paid	(3,080)	(3,082)
Repayment of long-term debt and financial liabilities	(635,795)	(210,314)
Payments of deferred finance costs	(12,227)	(1,964)
Proceeds from long-term debt and financial liabilities	486,048	135,235
Net cash used in financing activities	(165,054)	(80,125)
Increase in cash, cash equivalents and restricted cash	94,954	5,178
Cash, cash equivalents and restricted cash, beginning of period	175,098	169,446
Cash, cash equivalents and restricted cash, end of period	270,052	174,624
Supplemental disclosures of cash flow information
Cash interest paid	72,992	25,464
Non cash financing activities
Stock-based compensation	2	82
Financial and finance lease liabilities	173,010	0
Non cash investing activities
Acquisition of vessels	(201,129)	0
Deposits for acquisition/ option to acquire vessel (see Note 11)	$ 0	$ 6,316

Leases (Tables)

6 Months Ended

Jun. 30, 2023

Leases

Leases

Period ending June 30,	Amount
2024	$	50,472
2025		41,071
2026		38,340
2027		37,891
2028		37,312
2029 and thereafter		167,892
Total	$	372,978
Operating lease liabilities, including current portion	$	290,857
Discount based on incremental borrowing rate	$	82,121

Leases - Finance Leases

Period ending June 30,	Amount
2024	$	58,259
2025		160,957
2026		36,753
2027		36,307
2028		35,997
2029 and thereafter		347,103
Total	$	675,376
Finance lease liabilities, including current portion (see Note 6 – Borrowings)	$	481,305
Discount based on incremental borrowing rate	$	194,071

Segment Information (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Segment Information - Revenue by Geographic Region

	Three Month Period Ended June 30, 2023		Three Month Period Ended June 30, 2022		Six Month Period Ended June 30, 2023		Six Month Period Ended June 30, 2022
	(unaudited)		(unaudited)		(unaudited)		(unaudited)
Asia	$	249,486	$	180,047	$	450,239	$	321,244
Europe		57,901		77,047		117,352		150,963
America		39,551		23,567		88,869		45,071
Total	$	346,938	$	280,661	$	656,460	$	517,278

Leases

6 Months Ended

Jun. 30, 2023

Leases

Leases

NOTE 14 – 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.

Operating Leases

A discussion of the Company’s operating leases can be found in Note 22 – Leases to the Company’s consolidated financial statements included in the Annual Report filed on Form 20-F on March 24, 2023 with the SEC for the year ended December 31, 2022.

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 and the Nave Celeste, 5% for the Navios Amitie and the Navios Star, 6% for the Baghdad, the Erbil, the Navios Horizon I, the Navios Gemini, the Navios Venus and the Navios Lyra, and 4% for the Nave Electron.

As of June 30, 2023 and December 31, 2022, the outstanding balance of the operating lease liability amounted to $290,857 and $311,115, respectively, and is presented under the captions “Operating lease liabilities, current portion” and “Operating lease liabilities, net” in the condensed Consolidated Balance Sheets. Right-of-use assets amounted to $297,644 and $323,048 as at June 30, 2023 and December 31, 2022, 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 incurred and paid for the three and six months period ended June 30, 2023 amounted to $17,418 and $34,751, respectively. Lease expense incurred and paid for the three and six month periods ended June 30, 2022 amounted to $7,702, and $15,319, respectively. Lease expense is presented 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, 2023, the sublease income (net of commissions, if any) for vessels where the Company is a lessee amounted to $22,746 and $43,120, respectively. 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. Sublease income is presented under the caption “Time charter and voyage revenues” in the condensed Consolidated Statements of Operations.

As of June 30, 2023, the weighted average useful life of the remaining operating lease terms was 9.3 years.

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, 2023:

Leases

Period ending June 30,	Amount
2024	$	50,472
2025		41,071
2026		38,340
2027		37,891
2028		37,312
2029 and thereafter		167,892
Total	$	372,978
Operating lease liabilities, including current portion	$	290,857
Discount based on incremental borrowing rate	$	82,121

Finance Leases

For a detailed description of the finance lease liabilities and right-of-use assets for vessels under finance leases, refer to (i) Note 6 – Borrowings and Note 4 – Vessels, net, respectively; and (ii) Note 11 – Borrowings and Note 7 – Vessels, net, respectively, to the Company’s consolidated financial statements included in the Annual Report filed on Form 20-F on March 24, 2023 with the SEC for the year ended December 31, 2022.

For the three and six month periods ended June 30, 2023 the sublease income (net of commissions, if any) for vessels where the Company is a lessee amounted to $22,080 and $39,865, respectively. Sublease income is presented under the caption “Time charter and voyage revenues” in the condensed Consolidated Statements of Operations.

As of June 30, 2023, the weighted average useful life of the remaining finance lease terms was 9.1 years.

The table below provides the total amount of lease payments and options to acquire vessels on an undiscounted basis under the Company’s finance leases as of June 30, 2023:

Leases - Finance Leases

Period ending June 30,	Amount
2024	$	58,259
2025		160,957
2026		36,753
2027		36,307
2028		35,997
2029 and thereafter		347,103
Total	$	675,376
Finance lease liabilities, including current portion (see Note 6 – Borrowings)	$	481,305
Discount based on incremental borrowing rate	$	194,071

Bareboat charter-out contract

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

The Company recognizes in relation to the operating leases for the charter-out agreements the charter-out hire income in the Consolidated Statements of Operations on a straight-line basis. For the three and six month periods ended June 30, 2023 the charter hire income (net of commissions, if any) amounted to $8,065 and $16,042, respectively. 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. Charter hire income (net of commissions, if any) is presented under the caption “Time charter and voyage revenues” in the condensed Consolidated Statements of Operations.

Fair Value Measurements - Fair value of assets measured at fair value on a non-recurring basis (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Vessels, net	$ 57,402
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Vessels, net	0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Vessels, net	57,402
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Vessels, net	$ 0

Commitments and Contingencies - Future minimum contractual obligations (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2024	$ 0
2025	0
2026	2,545
2027	9,728
2028	12,371
2029 and thereafter	99,338
Total	$ 123,982

Borrowings (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Borrowings


	June 30, 2023		December 31, 2022
Credit facilities	$	933,627	$	874,038
Financial liabilities		526,156		695,934
Finance lease liabilities		481,305		389,007
Total borrowings	$	1,941,088	$	1,958,979
Less: Current portion of long-term borrowings, net		(303,249)		(391,095)
Less: Deferred finance costs, net		(16,385)		(13,532)
Long-term borrowings, net	$	1,621,454	$	1,554,352

Borrowings - Maturities of Long Term Debt

Period	Amount
2024	$	308,970
2025		550,942
2026		294,971
2027		227,426
2028		162,441
2029 and thereafter		396,338
Total	$	1,941,088

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (Parenthetical) - $ / shares	3 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022
Statement of Stockholders' Equity [Abstract]
Distribution Made to Limited Partner, Distributions Paid, Per Unit	$ 0.05	$ 0.05	$ 0.05	$ 0.05

Cash and Cash Equivalents (Details Narrative) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Cash and Cash Equivalents [Abstract]
Restricted cash	$ 8,636	$ 17,284

Subsequent events

6 Months Ended

Jun. 30, 2023

Subsequent Events [Abstract]

Subsequent events

NOTE 15 – SUBSEQUENT EVENTS Subsequent events

In August 2023, Navios Partners agreed to acquire two newbuilding Japanese MR2 Product Tanker vessels from an unrelated third party, under bareboat contracts. Each vessel is being bareboat-in for ten years. Navios Partners has the option to acquire the vessels starting at the end of year four until the end of the charter period. Navios Partners agreed to pay in total $20,000, representing a deposit for the option to acquire the vessels after the end of the fourth year. The vessels are expected to be delivered into Navios Partners’ fleet during the first half of 2027. The closing of the transaction is subject to completion of customary documentation.

In August 2023, Navios Partners agreed to acquire from an unrelated third party, the Navios Horizon I, a 2019-built Kamsarmax vessel of 81,692 dwt (previously chartered-in) for an acquisition price of $27,950 million. The delivery of the vessel is expected within the third quarter of 2023.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Statement [Abstract]
Time charter and voyage revenues	$ 346,938	$ 280,661	$ 656,460	$ 517,278
Time charter and voyage expenses	(41,956)	(21,718)	(81,719)	(38,861)
Direct vessel expenses	(17,764)	(12,920)	(32,204)	(24,113)
Vessel operating expenses (entirely through related parties transactions)	(82,550)	(73,989)	(165,766)	(147,161)
General and administrative expenses	(20,536)	(14,170)	(40,035)	(28,086)
Depreciation and amortization of intangible assets	(54,037)	(41,684)	(108,255)	(84,550)
Amortization of unfavorable lease terms	5,322	17,587	12,910	39,426
Gain on sale of vessels, net	10,151	0	43,601	0
Interest expense and finance cost, net	(33,330)	(14,522)	(68,854)	(27,749)
Interest income	2,483	22	4,100	24
Other expense, net	(2,413)	(1,107)	(8,765)	(2,383)
Net income	112,308	118,160	211,473	203,825

Common Unitholders	110,062	115,797	207,245	199,749
General Partner	$ 2,246	$ 2,363	$ 4,228	$ 4,076
Earnings per unit (see Note 13):
Earnings per common unit, basic	$ 3.65	$ 3.84	$ 6.87	$ 6.62
Earnings per common unit, diluted	$ 3.65	$ 3.83	$ 6.87	$ 6.61

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	Apr. 30, 2023	Apr. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Jul. 31, 2023
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.
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount				1,001	42,916
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
Distribution Made to Limited Partner, Distribution Date	Feb. 11, 2022	May 12, 2023	May 12, 2022	Feb. 14, 2023		Aug. 11, 2023
Distribution Made to Limited Partner, Date of Record	Feb. 09, 2022	May 09, 2023	May 09, 2022	Feb. 10, 2023		Aug. 08, 2023
Distribution Made to Limited Partner, Cash Distributions Paid	$ 1,541	$ 1,540	$ 1,541	$ 1,540		$ 1,540

Vessels, net

6 Months Ended

Jun. 30, 2023

Property, Plant and Equipment [Abstract]

Vessels, net

NOTE 4 – VESSELS, NET Vessels, net

Vessels, net

Total Vessels	Cost		Accumulated Depreciation		Net Book Value
Balance December 31, 2022	$	4,292,150	$	(514,821)	$	3,777,329
Additions/ (Depreciation)		271,703		(98,846)		172,857
Disposals		(232,920)		16,777		(216,143)
Balance June 30, 2023	$	4,330,933	$	(596,890)	$	3,734,043

The above balances as of June 30, 2023 are analyzed in the following tables:

Owned Vessels	Cost		Accumulated Depreciation		Net Book Value
Balance December 31, 2022	$	3,757,903	$	(505,943)	$	3,251,960
Additions/ (Depreciation)		110,220		(87,232)		22,988
Disposals		(176,846)		15,686		(161,160)
Balance June 30, 2023	$	3,691,277	$	(577,489)	$	3,113,788

Right-of-use assets under finance Lease	Cost		Accumulated Depreciation		Net Book Value
Balance December 31, 2022	$	534,247	$	(8,878)	$	525,369
Additions/ (Depreciation)		161,483		(11,614)		149,869
Transfers to owned vessels		(56,074)		1,091		(54,983)
Balance June 30, 2023	$	639,656	$	(19,401)	$	620,255

Right-of-use asset under finance leases are calculated at an amount equal to the finance liability, increased with the allocated excess value, the initial direct costs and adjusted for the carrying amount of the straight-line effect of liability as well as the favorable and unfavorable lease terms derived from charter-in agreements. Following the declaration of the Company’s option to extend the charter period of the Navios Amber for one year commencing in May 2023, the corresponding right-of-use asset under finance lease was increased by $1,877, upon remeasurement of the finance lease liability, to $46,663 (see Note 6 – Borrowings).

During the six month periods ended June 30, 2023 and 2022, the Company capitalized certain extraordinary fees and costs related to vessels’ regulatory requirements, including ballast water treatment system installation, exhaust gas cleaning system installation, scrubber system installation, and other improvements that amounted to $21,342 and $6,274, respectively, and are presented under the caption “Acquisition of/ additions to vessels” in the condensed Consolidated Statements of Cash Flows (see Note 12 – Transactions with related parties and affiliates).

Acquisition of Vessels

2023

On June 21, 2023, Navios Partners took delivery of the Navios Amethyst, a 2023-built Capesize vessel of 182,212 dwt, from an unrelated third party, by entering into a 15-year bareboat charter-in agreement which provides for purchase options with de-escalating purchase prices. Navios Partners accounted for the bareboat charter-in agreement as a finance lease, and recognized a right of use asset at $63,690, being an amount equal to the initial measurement of the finance lease liability (see Note 6- Borrowings) increased by the amount of $2,346, which was prepaid before the lease commencement.

On April 27, 2023, Navios Partners took delivery of the Navios Sakura, a 2023-built Capesize vessel of 182,169 dwt , from an unrelated third party by entering into a 15-year bareboat charter-in agreement which provides for purchase options with de-escalating purchase prices. Navios Partners accounted for the bareboat charter-in agreement as a finance lease, and recognized a right of use asset at $49,770, being an amount equal to the initial measurement of the finance lease liability (see Note 6- Borrowings) increased by the amount of $2,579, which was prepaid before the lease commencement.

On March 29, 2023, Navios Partners took delivery of the Navios Altair, a 2023-built Capesize vessel of 182,115 dwt, from an unrelated third party, by entering into a 15-year bareboat charter-in agreement which provides for purchase options with de-escalating purchase prices. Navios Partners accounted for the bareboat charter-in agreement as a finance lease, and recognized a right-of-use asset at $45,934 being an amount equal to the initial measurement of the finance lease liability (see Note 6 – Borrowings) increased by the amount of $2,815, which was prepaid before the lease commencement.

On March 6, 2023, Navios Partners paid an amount of $42,879 (including $1,600 related to the scrubber system installation) and acquired from an unrelated third party, the Navios Felix, a 2016-built scrubber-fitted Capesize vessel of 181,221 dwt, which was previously accounted for as a right-of-use asset under a finance lease. At the same date, the Company derecognized the right-of-use asset under finance lease and recognized the vessel at an aggregate cost of $53,232.

On February 5, 2023, Navios Partners took delivery of the Navios Meridian, a 2023-built Panamax vessel of 82,010 dwt, from an unrelated third party, for an acquisition cost of $35,605.

Sale of Vessels

2023

On May 16, 2023, Navios Partners sold the Serenitas N, a 2011-built Ultra-Handymax vessel of 56,644 dwt, to an unrelated third party, for a net sales price of $12,005.

On May 4, 2023, Navios Partners sold the Navios Libertas, a 2007-built Panamax vessel of 75,511 dwt, to an unrelated third party, for a net sales price of $13,524.

On May 3, 2023, Navios Partners sold the Navios Anthos, a 2004-built Panamax vessel of 75,798 dwt, to an unrelated third party, for a net sales price of $10,780.

On April 5, 2023, Navios Partners sold the Aurora N, a 2008-built LR1 Product Tanker vessel of 63,495 dwt, to an unrelated third party, for a net sales price of $21,875.

On March 3, 2023, Navios Partners sold the Nave Photon, a 2008-built VLCC vessel of 297,395 dwt, to an unrelated third party, for a net sales price of $52,000.

On February 7, 2023, Navios Partners sold the Navios Prosperity I, a 2007-built Panamax vessel of 75,527 dwt, to an unrelated third party, for a net sales price of $13,337.

On February 3, 2023, Navios Partners sold the Jupiter N, a 2011-built Post-Panamax vessel of 93,062 dwt, to an unrelated third party, for a net sales price of $16,096.

On January 26, 2023, Navios Partners sold the Star N, a 2009-built MR1 Product Tanker vessel of 37,836 dwt, to an unrelated third party, for a net sales price of $17,738.

On January 26, 2023, Navios Partners sold the Navios Amaryllis, a 2008-built Ultra-Handymax vessel of 58,735 dwt, to an unrelated third party, for a net sales price of $14,798.

On January 24, 2023, Navios Partners sold the Nave Polaris, a 2011-built Chemical Tanker vessel of 25,145 dwt, to an unrelated third party, for a net sales price of $14,909.

On January 17, 2023, Navios Partners sold the Nave Dorado, a 2005-built MR2 Product Tanker vessel of 47,999 dwt, to an unrelated third party, for a net sales price of $15,313.

On January 9, 2023, Navios Partners sold the Nave Cosmos, a 2010-built Chemical Tanker vessel of 25,130 dwt, to an unrelated third party, for a net sales price of $13,464.

Following the sale of the above vessels during the six month period ended June 30, 2023, the aggregate amount of $43,601 (including the aggregate remaining carrying balance of dry-dock and special survey cost of $11,078) was presented under the caption “Gain on sale of vessels, net” in the condensed Consolidated Statements of Operations and condensed Consolidated Statements of Cash Flows.

Vessels agreed to be sold

On May 10, 2023, Navios Partners agreed to sell the Lumen N, a 2008-built LR1 vessel of 63,599 dwt, to an unrelated third party, for a net sales price of $21,583. The sale was completed on July 7, 2023. The aggregate net carrying amount of the vessel amounted to $14,246 at the date of the sale. The vessel was subject to an existing time charter with an unrelated charterer and was not immediately available for sale and therefore, did not qualify as an asset held for sale as of June 30, 2023.

Borrowings - Maturities of Long Term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Debt Disclosure [Abstract]
2024	$ 308,970
2025	550,942
2026	294,971
2027	227,426
2028	162,441
2029 and thereafter	396,338
Total borrowings	$ 1,941,088	$ 1,958,979

Summary of Significant Accounting Policies

6 Months Ended

Jun. 30, 2023

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, 2022 filed on Form 20-F on March 24, 2023 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 4 – Vessels) 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.

Interest rates have increased significantly as central banks in Europe, United States and other developed countries raise interest rates in an effort to reduce the inflation effect. The eventual implications of tighter monetary policy, and potentially higher long-term interest rates may drive a higher cost of capital for the Company.

(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, Liberia, Malta, Delaware, Cayman Islands, Hong Kong, British Virgin Islands, Luxemburg and Belgium 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.

A discussion of the Company’s significant accounting policies can be found in Note 2 to the Company’s consolidated financial statements included in the Annual Report filed on Form 20-F on March 24, 2023 with the SEC for the year ended December 31, 2022. There have been no material changes to these policies in the six months ended June 30, 2023, apart from those discussed below.

As of June 30, 2023, the Company has elected one of the optional expedients provided in the ASU 2020-04 Reference Rate Reform and its update that allows entities with contract modifications within the scope of Topic 470, for which the terms that are modified solely relate to directly replacing, or having the potential to replace a reference rate with another interest rate index, to account for the modification that meets the scope of paragraphs 848-20-15-2 through 15-3 as if the modification was not substantial. That is, the original contract and the new contract shall be accounted for as if they were not substantially different from one another, and the modification shall not be accounted for in the same manner as a debt extinguishment. As of June 30, 2023, the Company has entered into certain amendments in the existing loan agreements in order to replace the reference rate from Libor to Secured Overnight Financing Rate (“SOFR”). The Company will continue to evaluate the potential impact of adopting the standards on its consolidated financial statements.

(c) 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 $300,689 and $255,288 for the three month periods ended June 30, 2023 and 2022, respectively. Revenue from time chartering and bareboat chartering of vessels amounted to $568,361 and $476,606 for the six month periods ended June 30, 2023 and 2022, 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 $31,302 and $10,835 for the three month periods ended June 30, 2023 and 2022, respectively. Revenue from voyage contracts amounted to $55,052 and $17,406 for the six month periods ended June 30, 2023 and 2022, 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 $14,947 and $13,726 for the three month periods ended June 30, 2023 and 2022, respectively. Revenue from vessels operating in pooling arrangements amounted to $32,997 and $22,392 for the six month periods ended June 30, 2023 and 2022, 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 $0 and $812 for the three month periods ended June 30, 2023 and 2022, respectively. Profit-sharing revenue amounted to $50 and $874 for the six month periods ended June 30, 2023 and 2022, 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, 2022.

Leases - Finance Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Finance lease liabilities, including current portion (see Note 6 – Borrowings)	$ 481,305	$ 389,007
Finance leases [Member]
2024	58,259
2025	160,957
2026	36,753
2027	36,307
2028	35,997
2029 and thereafter	347,103
Total	675,376
Finance lease liabilities, including current portion (see Note 6 – Borrowings)	481,305
Discount based on incremental borrowing rate	$ 194,071

Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies - Future minimum contractual obligations

Period ending June 30,	Amount
2024	$	—
2025		—
2026		2,545
2027		9,728
2028		12,371
2029 and thereafter		99,338
Total	$	123,982