Borrowings - Finance Lease Liabilities (Details Narrative) $ in Thousands |
3 Months Ended | 6 Months Ended | |||||
|---|---|---|---|---|---|---|---|
|
Apr. 28, 2026
Capacity
|
Jun. 30, 2026
USD ($)
|
Jun. 30, 2025
USD ($)
|
Jun. 30, 2026
USD ($)
Capacity
|
Jun. 30, 2025
USD ($)
|
Dec. 31, 2025
USD ($)
|
Jul. 29, 2022
USD ($)
|
|
| Sale Leaseback Transaction [Line Items] | |||||||
| Finance lease liabilities | $ 310,064 | $ 310,064 | $ 329,860 | ||||
| Payments related to finance lease liabilities | $ 7,646 | $ 8,337 | $ 7,646 | $ 8,337 | |||
| Debt instrument, covenant description | The Company’s credit facilities, the 2030 Bonds and certain financial liabilities also require compliance with a number of financial covenants, including to maintain: (i) a required security ranging over 120% 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, bonds and financial liabilities; (iii) a ratio of EBITDA to interest expense of at least 2.00:1.00; (iv) a ratio of total liabilities or total debt to total assets (as defined in the Company’s credit facilities, bonds and financial liabilities) ranging from less than 0.75 to 0.80; (v) a minimum net worth of $135,000; and (vi) a debt service cover ratio for certain vessels (as defined in the Company’s credit facility) of at least 1.00:1.00. | ||||||
| Debt instrument, covenant compliance | As of June 30, 2026, Navios Partners was in compliance with the financial covenants in each of its credit facilities, the 2030 Bonds and certain financial liabilities. | ||||||
| Long-term debt, weighted average interest rate | 5.60% | 6.30% | 5.70% | 6.30% | |||
| Finance Lease Liabilities [Member] | Nave Hina [Member] | |||||||
| Sale Leaseback Transaction [Line Items] | |||||||
| Vessel year built | 2026 | ||||||
| Vessel type | MR2 product tanker | ||||||
| Vessel capacity in DWT | Capacity | 49,996 | ||||||
| Term of Contract | ten-year | ||||||
| Finance lease liabilities | $ 32,137 | $ 32,137 | |||||
| Lessee, finance lease, discount rate | 6.00% | ||||||
| Lessee, finance lease, variable lease payment, terms and conditions | repayable in ten years | ||||||
| Finance Lease Liabilities [Member] | Upon Acquisition of 36-vessel drybulk fleet from Navios Holdings [Member] | Navios Magellan II [Member] | |||||||
| Sale Leaseback Transaction [Line Items] | |||||||
| Vessel year built | 2020 | ||||||
| Vessel type | Kamsarmax | ||||||
| Vessel capacity in DWT | Capacity | 82,037 | ||||||
| Term of Contract | eight-year | eight-year | |||||
| Finance lease liabilities | $ 19,385 | ||||||
| Lessee, finance lease, discount rate | 6.00% | 6.00% | |||||
| Increase in finance lease liability | $ 927 | ||||||
| Finance Lease Liabilities [Member] | Upon Acquisition of 36-vessel drybulk fleet from Navios Holdings [Member] | Navios Uranus [Member] | |||||||
| Sale Leaseback Transaction [Line Items] | |||||||
| Vessel year built | 2019 | ||||||
| Vessel type | Kamsarmax | ||||||
| Vessel capacity in DWT | Capacity | 81,821 | ||||||
| Term of Contract | seven-year | seven-year | |||||
| Finance lease liabilities | 17,607 | ||||||
| Lessee, finance lease, discount rate | 6.00% | 6.00% | |||||
| Finance Lease Liabilities [Member] | Upon Acquisition of 36-vessel drybulk fleet from Navios Holdings [Member] | Navios Felicity I [Member] | |||||||
| Sale Leaseback Transaction [Line Items] | |||||||
| Vessel year built | 2020 | ||||||
| Vessel type | Kamsarmax | ||||||
| Vessel capacity in DWT | Capacity | 81,962 | ||||||
| Term of Contract | seven-year | seven-year | |||||
| Finance lease liabilities | $ 17,473 | ||||||
| Lessee, finance lease, discount rate | 6.00% | 6.00% | |||||
| Increase in finance lease liability | $ 1,477 | ||||||