v3.25.2
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 377,034 $ 270,166
Restricted cash 589 29,623
Other investments 11,386 12,289
Assets held for sale 29,841 0
Accounts receivable, net 21,300 33,399
Prepaid expenses and other current assets 58,973 60,894
Amounts due from related parties $ 1,662 $ 36,620
Other Receivable, after Allowance for Credit Loss, Current, Related Party [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember
Total current assets $ 500,785 $ 442,991
Vessels, net 4,552,275 4,241,292
Deposits for vessels acquisitions 265,889 444,897
Other long-term assets 69,176 61,749
Deferred dry dock and special survey costs, net 231,102 196,194
Intangible assets 33,651 42,311
Operating lease assets 231,675 243,806
Total non-current assets 5,383,768 5,230,249
Total assets 5,884,553 5,673,240
Current liabilities    
Accounts payable 18,631 17,763
Accrued expenses 40,174 33,865
Deferred revenue 64,130 66,209
Operating lease liabilities, current portion 26,296 25,607
Amounts due to related parties $ 39,536 $ 0
Other Liability, Current, Related Party [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember
Current portion of finance lease and financial liabilities, net $ 107,020 $ 102,996
Current portion of long-term debt, net 155,276 163,226
Current liabilities associated with the vessel held for sale 7,400 0
Fair value of derivatives, current 579 0
Total current liabilities 459,042 409,666
Operating lease liabilities, net 201,802 214,995
Unfavorable lease terms 9,474 15,266
Long-term finance lease and financial liabilities, net 972,290 945,613
Long-term debt, net 985,005 917,102
Deferred revenue 50,309 55,534
Other long-term liabilities 14,912 8,436
Fair value of derivatives, non-current 1,735 0
Total non-current liabilities 2,235,527 2,156,946
Total liabilities 2,694,569 2,566,612
Commitments and contingencies
Partners’ capital:    
Common Unitholders (29,093,133 and 29,694,433 common units outstanding as of June 30, 2025 and December 31, 2024, respectively) 3,136,682 3,053,295
General Partner (622,296 general partnership units outstanding at each of June 30, 2025 and December 31, 2024) 55,616 53,333
Accumulated Other Comprehensive Loss (2,314) 0
Total partners’ capital 3,189,984 3,106,628
Total liabilities and partners’ capital $ 5,884,553 $ 5,673,240