Navios Maritime Partners (NMM) 6-K12 Aug 162016 Q2 Current report (foreign)Financial data

Company Profile

Document and Entity Information

Document and Entity Information	6 Months Ended
Document and Entity Information	Jun. 30, 2016shares
Document Information [Line Items]
Entity Registrant Name	Navios Maritime Partners L.P.
Trading Symbol	NMM
Entity Central Index Key	1,415,921
Document Type	6-K
Document Period End Date	Jun. 30, 2016
Amendment Flag	false
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Well Known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Common Unitholders
Document Information [Line Items]
Entity Common Stock Shares Outstanding	83,079,710
General Partner Units
Document Information [Line Items]
Entity Common Stock Shares Outstanding	1,695,509

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 25,327	$ 26,750
Restricted cash	1,572	7,789
Accounts receivable, net	4,644	3,999
Prepaid expenses and other current assets	1,677	1,297
Total current assets	33,220	39,835
Vessels, net	1,058,761	1,230,049
Vessel held for sale	125,000	0
Deferred dry dock and special survey costs, net and other long term assets	21,250	22,232
Investment in affiliates	1,340	1,315
Loans receivable from affiliates	1,971	1,521
Intangible assets	46,820	55,339
Total non-current assets	1,255,142	1,310,456
Total assets	1,288,362	1,350,291
Current liabilities
Accounts payable	2,782	2,706
Accrued expenses	2,072	2,516
Deferred revenue	4,855	4,290
Current portion of long-term debt, net	38,512	23,336
Amounts due to related parties	7,352	8,680
Total current liabilities	55,573	41,528
Long-term debt, net	516,495	574,742
Deferred revenue	677	1,806
Total non-current liabilities	517,172	576,548
Total liabilities	572,745	618,076
Commitments and contingencies
Partners' capital:
Common Unitholders (83,079,710 units issued and outstanding at June 30, 2016 and December 31, 2015, respectively)	711,780	728,046
General Partner (1,695,509 units issued and outstanding at June 30, 2016 and December 31, 2015, respectively)	3,837	4,169
Total partners' capital	715,617	732,215
Total liabilities and partners' capital	$ 1,288,362	$ 1,350,291

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parentheticals) (Unaudited) - shares	Jun. 30, 2016	Dec. 31, 2015
CONDENSED CONSOLIDATED BALANCE SHEETS [Abstract]
Common units issued	83,079,710	83,079,710
Common units outstanding	83,079,710	83,079,710
General Partners, units issued	1,695,509	1,695,509
General Partners, units outstanding	1,695,509	1,695,509

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]
Time charter and voyage revenues (includes related party revenue of $(3,135) and $1,171 for the three and six months ended June 30, 2016, respectively, and $7,723 and $14,133 for the three and six months ended June 30, 2015, respectively)	$ 44,877	$ 56,473	$ 90,518	$ 113,259
Time charter and voyage expenses	(1,962)	(1,477)	(3,811)	(4,948)
Direct vessel expenses	(1,526)	(757)	(2,990)	(1,294)
Management fees (entirely through related parties transactions)	(14,719)	(14,141)	(29,439)	(27,542)
General and administrative expenses	(2,611)	(1,949)	(5,099)	(3,824)
Depreciation and amortization	(18,809)	(19,045)	(37,614)	(37,144)
Impairment loss	(17,193)	0	(17,193)	0
Interest expense and finance cost	(8,369)	(7,601)	(16,033)	(16,102)
Interest income	92	46	164	99
Other income/ (expense), net	3,413	(194)	4,899	(270)
Net (loss)/ income	$ (16,807)	$ 11,355	$ (16,598)	$ 22,234
Earnings per unit (see Note 15):
Common unit (basic and diluted)	$ (0.2)	$ 0.13	$ (0.2)	$ 0.25

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Operations (Parentheticals) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]
Revenue from related parties	$ (3,135)	$ 7,723	$ 1,171	$ 14,133

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
OPERATING ACTIVITIES
Net (loss)/ income	$ (16,598)	$ 22,234
Adjustments to reconcile net (loss)/ income to net cash provided by operating activities:
Depreciation and amortization	37,614	37,144
Impairment loss	17,193	0
Amortization and write-off of deferred financing cost and discount	2,085	2,149
Amortization of deferred dry dock and special survey costs	2,990	1,294
Equity in earnings of affiliates, net of dividends received	(25)	(472)
Changes in operating assets and liabilities:
Net increase in restricted cash	170	0
(Increase)/ decrease in accounts receivable	(645)	227
(Increase)/decrease in prepaid expenses and other current assets	(380)	484
Decrease in other long-term assets	5	7
Increase in accounts payable	76	513
Increase/(decrease) in accrued expenses	(444)	617
Increase in deferred revenue	(564)	(164)
Increase/ (decrease) in amounts due to related parties	(728)	13,763
Payments for dry dock and special survey costs	(2,013)	(8,830)
Net cash provided by operating activities	38,736	68,966
INVESTING ACTIVITIES:
Deposits for acquisition of vessels, net of transfers to vessel acquisitions	0	(147,830)
Loans receivable from affiliates	(450)	(346)
Net cash used in investing activities	(450)	(148,176)
FINANCING ACTIVITIES:
Cash distributions paid	0	(76,193)
Net proceeds from issuance of general partner units	0	1,528
Proceeds from issuance of common units, net of offering costs	0	72,090
Proceeds from long term debt	29,000	79,819
(Increase)/ decrease in restricted cash	6,047	(21,247)
Repayment of long-term debt and payment of principal	(73,615)	(48,695)
Deferred finance fees	(1,141)	0
Debt issuance costs	0	(746)
Net cash used in financing activities	(39,709)	6,556
Decrease in cash and cash equivalents	(1,423)	(72,654)
Cash and cash equivalents, beginning of period	26,750	99,495
Cash and cash equivalents, end of period	25,327	26,841
Supplemental disclosures of cash flow information
Cash interest paid	$ 13,406	$ 12,917

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Changes in Partners' Capital (Unaudited) - USD ($) $ in Thousands	Total	General Partner	Common Unitholders
Balance at Dec. 31, 2014	$ 749,098	$ 5,023	$ 744,075
Balance, Units at Dec. 31, 2014		1,578,763	77,359,163
Cash distribution paid	(76,193)	$ (2,668)	$ (73,525)
Proceeds from issuance of common units, net of offering costs(see note 9)	72,090		$ 72,090
Proceeds from issuance of common units, net of offering costs, Units (see note 9)			5,720,547
Proceeds from issuance of general partners units (see note 9)	1,528	$ 1,528
Proceeds from issuance of general partners units, Units (see note 9)		116,746
Net (loss)/ income	22,234	$ 1,590	$ 20,644
Balance at Jun. 30, 2015	768,757	$ 5,473	$ 763,284
Balance, Units at Jun. 30, 2015		1,695,509	83,079,710
Balance at Dec. 31, 2015	732,215	$ 4,169	$ 728,046
Balance, Units at Dec. 31, 2015		1,695,509	83,079,710
Net (loss)/ income	(16,598)	$ (332)	$ (16,266)
Balance at Jun. 30, 2016	$ 715,617	$ 3,837	$ 711,780
Balance, Units at Jun. 30, 2016		1,695,509	83,079,710

Description of Business

Description of Business	6 Months Ended
Description of Business	Jun. 30, 2016
Description of Business [Abstract]
Description of Business	NOTE 1 - DESCRIPTION OF BUSINESS Navios Maritime Partners L.P. (Navios Partners or the Company), is an international owner and operator of dry cargo and container vessels, formed on August 7, 2007 under the laws of the Republic of the Marshall Islands. Navios GP L.L.C. (the General Partner), a wholly owned subsidiary of Navios Maritime Holdings Inc. (Navios Holdings), was also formed on that date to act as the general partner of Navios Partners and received a 2.0% general partner interest in Navios Partners. Navios Partners is engaged in the seaborne transportation services of a wide range of dry cargo commodities including iron ore, coal, grain, fertilizer and also containers, chartering its vessels under medium to long-term charters. The operations of Navios Partners are managed by Navios ShipManagement Inc., a subsidiary of Navios Holdings (the Manager), from its offices in Piraeus, Greece, Singapore and Monaco. Pursuant to the initial public offering (IPO) on November 16, 2007, Navios Partners entered into the following agreements: (a) a management agreement with the Manager (the Management Agreement), pursuant to which the Manager provides Navios Partners commercial and technical management services; (b) an administrative services agreement with the Manager (the Administrative Services Agreement), pursuant to which the Manager provides Navios Partners administrative services; and (c) an omnibus agreement with Navios Holdings (the Omnibus Agreement), governing, among other things, when Navios Partners and Navios Holdings may compete against each other as well as rights of first offer on certain drybulk carriers. As of June 30, 2016, there were outstanding: 83,079,710 common units and 1,695,509 general partnership units. As of June 30, 2016, Navios Holdings owned a 20.1% interest in Navios Partners, which included a 2.0% general partner interest.

Basis of Presentation

Basis of Presentation	6 Months Ended
Basis of Presentation	Jun. 30, 2016
Basis of Presentation [Abstract]
Basis of Presentation	NOTE 2 - 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 financial positions, statement of partner's 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' 2015 Annual Report filed on Form 20-F with the Securities and Exchange Commission (SEC). Vessel held for sale: The accompanying consolidated financial statements include the following entities and chartered-in vessels: Country of Statements of operations Company name Vessel name incorporation 2016 2015 Libra Shipping Enterprises Corporation Navios Libra II Marshall Is. 1/01 - 06/30 1/01 - 06/30 Alegria Shipping Corporation Navios Alegria Marshall Is. 1/01 - 06/30 1/01 - 06/30 Felicity Shipping Corporation Navios Felicity Marshall Is. 1/01 - 06/30 1/01 - 06/30 Gemini Shipping Corporation Navios Gemini S Marshall Is. 1/01 - 06/30 1/01 - 06/30 Galaxy Shipping Corporation Navios Galaxy I Marshall Is. 1/01 - 06/30 1/01 - 06/30 Aurora Shipping Enterprises Ltd. Navios Hope Marshall Is. 1/01 - 06/30 1/01 - 06/30 Palermo Shipping S.A. Navios Apollon Marshall Is. 1/01 - 06/30 1/01 - 06/30 Fantastiks Shipping Corporation Navios Fantastiks Marshall Is. 1/01 - 06/30 1/01 - 06/30 Sagittarius Shipping Corporation Navios Sagittarius Marshall Is. 1/01 - 06/30 1/01 - 06/30 Hyperion Enterprises Inc. Navios Hyperion Marshall Is. 1/01 - 06/30 1/01 - 06/30 Chilali Corp. Navios Aurora II Marshall Is. 1/01 - 06/30 1/01 - 06/30 Surf Maritime Co. Navios Pollux Marshall Is. 1/01 - 06/30 1/01 - 06/30 Pandora Marine Inc. Navios Melodia Marshall Is. 1/01 - 06/30 1/01 - 06/30 Customized Development S.A. Navios Fulvia Liberia 1/01 - 06/30 1/01 - 06/30 Kohylia Shipmanagement S.A. Navios Luz Marshall Is. 1/01 - 06/30 1/01 - 06/30 Orbiter Shipping Corp. Navios Orbiter Marshall Is. 1/01 - 06/30 1/01 - 06/30 Floral Marine Ltd. Navios Buena Ventura Marshall Is. 1/01 - 06/30 1/01 - 06/30 Golem Navigation Limited Navios Soleil Marshall Is. 1/01 - 06/30 1/01 - 06/30 Kymata Shipping Co. Navios Helios Marshall Is. 1/01 - 06/30 1/01 - 06/30 Joy Shipping Corporation Navios Joy Marshall Is. 1/01 - 06/30 1/01 - 06/30 Micaela Shipping Corporation Navios Harmony Marshall Is. 1/01 - 06/30 1/01 - 06/30 Pearl Shipping Corporation Navios Sun Marshall Is. 1/01 - 06/30 1/01 - 06/30 Velvet Shipping Corporation Navios La Paix Marshall Is. 1/01 - 06/30 1/01 - 06/30 Rubina Shipping Corporation Hyundai Hongkong Marshall Is. 1/01 - 06/30 1/01 - 06/30 Topaz Shipping Corporation Hyundai Singapore Marshall Is. 1/01 - 06/30 1/01 - 06/30 Beryl Shipping Corporation Hyundai Tokyo Marshall Is. 1/01 - 06/30 1/01 - 06/30 Cheryl Shipping Corporation Hyundai Shanghai Marshall Is. 1/01 - 06/30 1/01 - 06/30 Christal Shipping Corporation Hyundai Busan Marshall Is. 1/01 - 06/30 1/01 - 06/30 Fairy Shipping Corporation YM Utmost Marshall Is. 1/01 - 06/30 1/01 - 06/30 Limestone Shipping Corporation YM Unity Marshall Is. 1/01 - 06/30 1/01 - 06/30 Dune Shipping Corp. MSC Cristina Marshall Is. 1/01 - 06/30 4/22 - 06/30 Citrine Shipping Corporation Marshall Is. Chartered-in vessels Prosperity Shipping Corporation Navios Prosperity Marshall Is. 1/01 - 03/05 Aldebaran Shipping Corporation Navios Aldebaran Marshall Is. 1/01 - 02/28 Other JTC Shipping and Trading Ltd () Holding Company Malta 1/01 - 06/30 1/01 - 06/30 Navios Maritime Partners L.P. N/A Marshall Is. 1/01 - 06/30 1/01 - 06/30 Navios Maritime Operating LLC N/A Marshall Is. 1/01 - 06/30 1/01 - 06/30 Navios Partners Finance (US) Inc. Co-Borrower Delaware 1/01 - 06/30 1/01 - 06/30 Navios Partners Europe Finance Inc. Sub-Holding Company Marshall Is. 1/01 - 06/30 1/01 - 06/30 () Not a vessel-owning subsidiary and only holds right to a charter-in contract.

Cash and Cash Equivalents

Cash and Cash Equivalents	6 Months Ended
Cash and Cash Equivalents	Jun. 30, 2016
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents	NOTE 3 - CASH AND CASH EQUIVALENTS Cash and cash equivalents consist of the following: June 30, 2016 December 31 2015 Cash on hand and at banks $ 25,304 $ 26,332 Short-term deposits and highly liquid funds 23 418 Total cash and cash equivalents $ 25,327 $ 26,750 Short-term deposits and highly liquid funds relate to amounts held in banks for general financing purposes. As of June 30, 2016, Navios Partners held money market funds of $23 with duration of less than three months. As of December 31, 2015, Navios Partners held money market funds of $418 with duration of less than three months. 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 reduces exposure to credit risk by dealing with a diversified group of major financial institutions. Restricted cash, at each of June 30, 2016 and December 31, 2015, included $1,572 and $7,789, respectively, which related to amounts held in retention accounts as required by certain of Navios Partners' credit facilities.

Vessels, Net

Vessels, Net	6 Months Ended
Vessels, Net	Jun. 30, 2016
Vessels, Net [Abstract]
Vessels, Net	NOTE 4 - VESSELS, NET Vessels Cost Accumulated Depreciation Net Book Value Balance December 31, 2014 $ 1,358,348 $ (218,922 ) $ 1,139,426 Additions 147,840 (57,217 ) 90,623 Balance December 31, 2015 $ 1,506,188 $ (276,139 ) $ 1,230,049 Additions (29,095 ) (29,095 ) Impairment loss (22,840 ) 5,647 (17,193 ) Transfer to vessel held for sale (see Note 5) (125,000 ) (125,000 ) Balance June 30, 2016 $ 1,358,348 $ (299,587 ) $ 1,058,761 On April 22, 2015, Navios Partners acquired from an unrelated third party the MSC Cristina, a 2011 South Korean-built Container vessel of 13,100 TEU, for an acquisition cost of $147,840, of which $14,802 relates to vessel deposits paid and transferred during the year.

Vessel Held For Sale

Vessel Held For Sale	6 Months Ended
Vessel Held For Sale	Jun. 30, 2016
Vessel Held for Sale [Abstract]
Vessels Held for Sale	NOTE 5 - VESSEL HELD FOR SALE During June 2016, Navios Partners entered into a Memorandum of Agreement with an unrelated third party, for the disposal of the vessel MSC Cristina. The vessel is subject to an existing time charter and management has committed to a plan to sell the vessel to the current charterer within the next twelve months. As of June 30, 2016, the vessel has been classified as held for sale as the relevant criteria for the classification were met and, therefore, it is presented in the condensed consolidated balance sheets at its fair value less cost to sell totaling $125,000. An impairment loss of $17,193 for the vessel held for sale, is included under "Impairment loss" in the condensed consolidated Statements of Operations. Proceeds from the sale of the vessel will be used to fully repay the outstanding amount of the April 2015 Credit Facility and the June 2016 Credit Facility.

Intangible Assets

Intangible Assets	6 Months Ended
Intangible Assets	Jun. 30, 2016
Intangible Assets [Abstract]
Intangible Assets	NOTE 6 - INTANGIBLE ASSETS Intangible assets as of June 30, 2016 and December 31, 2015 consisted of the following: Cost Accumulated Amortization Net Book Value Favorable lease terms December 31, 2014 $ 158,987 $ (84,932 ) $ 74,055 Additions (18,716 ) (18,716 ) Write-off (31,199 ) 31,199 Favorable lease terms December 31, 2015 $ 127,788 $ (72,449 ) $ 55,339 Additions (8,519 ) (8,519 ) Favorable lease terms June 30, 2016 $ 127,788 $ (80,968 ) $ 46,820 Amortization expense of favorable lease terms for the three and six month periods ended June 30, 2016 and 2015 is presented in the following table: Three Month Period Ended Six Month Period Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Favorable lease terms charter-out $ (4,405 ) $ (4,655 ) $ (8,519 ) $ (9,310 ) Total $ (4,405 ) $ (4,655 ) $ (8,519 ) $ (9,310 ) The aggregate amortization of the intangibles for the 12-month periods ended June 30 is estimated to be as follows: Year Amount 2017 $ 17,620 2018 11,500 2019 7,237 2020 6,103 2021 2,942 2022 and thereafter 1,418 $ 46,820 As of December 31, 2015, acquisition cost and accumulated amortization, each amounting $31,199, was written-off as the intangible asset associated with the favorable lease that was fully amortized of the Navios Fulvia. Intangible assets subject to amortization are amortized using straight line method over their estimated useful lives to their estimated residual value of zero. The weighted average useful lives are 9.6 years for favorable lease terms charter out.

Borrowings

Borrowings	6 Months Ended
Borrowings	Jun. 30, 2016
Debt Disclosure [Abstract]
Borrowings	NOTE 7 - BORROWINGS Borrowings as of June 30, 2016 and December 31, 2015 consisted of the following: June 30, 2016 December 31, 2015 Term Loan B facility $ 386,292 $ 411,292 Credit facilities 174,953 194,569 Total borrowings $ 561,245 $ 605,861 Less: Long-term unamortized discount (1,970 ) (2,464 ) Less: Current portion of long-term debt, net (38,512 ) (23,336 ) Less: Deferred finance fees, net (4,268 ) (5,319 ) Long-term debt, net $ 516,495 $ 574,742 As of June 30, 2016, the total borrowings, net under the Navios Partners' credit facilities were $555,007. Term Loan B facility: On October 31, 2013 and November 1, 2013, Navios Partners completed the issuance of a $189,500 add-on to its existing Term Loan B facility. The add-on to the Term Loan B facility bears the same terms as Term Loan B facility and was issued at 100%. Navios Partners used the net proceeds to partially finance the acquisition of five Container vessels. During 2015 and 2016, Navios Partners prepaid $21,000 and $25,000, respectively, of the Term Loan B facility. These prepayments were fully applied to the balloon payment. Following the prepayment of March 2015 and May 2016, an amount of $256 and $187, respectively, was written-off from the deferred finance fees. The Term Loan B facility is secured by first priority mortgages covering certain vessels owned by subsidiaries of Navios Partners, in addition to other collateral, and is guaranteed by each subsidiary of Navios Partners. On March 31, 2016, YM Unity was added as collateral to the Term Loan B facility. The Term Loan B Agreement requires maintenance of a loan to value ratio of 0.8 to 1.0, and other restrictive covenants customary for facilities of this type (subject to negotiated exceptions and baskets), including restrictions on indebtedness, liens, acquisitions and investments, restricted payments and dispositions. The Term Loan B Agreement also provides for customary events of default, prepayment and cure provisions. As of June 30, 2016, the outstanding balance of the Term Loan B facility including the add-on was $384,322, net of discount of $1,970, and it is repayable with a final payment of $386,292, in June 2018. ABN AMRO facility: On March 31, 2016, the YM Unity was released and discharged from its obligations and liabilities under the September 2014 Credit Facility. On April 1, 2016, Navios Partners fully repaid the facility with ABN AMRO Bank N.V. Following this repayment, an amount of $340 was written-off from the deferred finance fees. As of June 30, 2016, there was no outstanding amount under this facility. Commerzbank/DVB facility: On March 27, 2015, Navios Partners prepaid $2,346 of the July 2012 Credit Facility and the prepayment was applied to 2015 installments. As of June 30, 2016, the outstanding balance of the July 2012 Credit Facility was $72,046, and it was repayable in four quarterly installments of $3,456, with a final balloon payment of $58,223 on the last repayment date. The final maturity date is November 30, 2017. On January 8, 2016, Navios Partners prepaid the 2016 installments in the amount of $16,235 of the July 2012 Credit Facility. This payment of this facility was accounted for as debt modification in accordance with ASC470 Debt HSH facility: The Navios Holdings Credit Facility: ABN AMRO facility: Amounts drawn under the July 2012 Credit Facility are secured by first preferred mortgages on certain Navios Partners' vessels and other collateral and are guaranteed by the respective vessel-owning subsidiary. Amounts drawn under the September 2014 Credit Facility, the April 2015 Credit Facility and the June 2016 Credit Facility are secured by first preferred mortgages on certain Navios Partners' vessels and other collateral and are guaranteed by Navios Partners. The July 2012 Credit Facility, the September 2014 Credit Facility, the April 2015 Credit Facility and the June 2016 Credit Facility 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' (or its affiliates) ownership in Navios Partners of at least 15.0%; and subordinating the obligations under the credit facilities to any general and administrative costs relating to the vessels, including the fixed daily fee payable under the management agreement. The July 2012 Credit Facility, the September 2014 Credit Facility, the April 2015 Credit Facility and the June 2016 Credit Facility also require compliance with a number of financial covenants, including: (i) maintain a required security amount ranging over 105% to 140%; (ii) minimum free consolidated liquidity of at least the higher of $25,000 and the aggregate of interest and principal falling due during the previous six months; (iii) maintain a ratio of EBITDA to interest expense of at least 2.00 : 1.00; (iv) maintain a ratio of total liabilities to total assets (as defined in our credit facilities) ranging of less than 0.75 or 0.80: 1.00; and (v) maintain a minimum net worth to $135,000 for the periods prior to any distributions by the Company, whilst during the last quarter prior to any distribution declaration should maintain: (a) a ratio of EBITDA to interest expense of at least 5.00 : 1.00; (b) a ratio of total liabilities to total assets (as defined in our credit facilities) of less than 0.65 : 1.00; and (c) a minimum net worth to $250,000. It is an event of default under the credit facilities if such covenants are not complied with in accordance with the terms and subject to the prepayment or cure provision of each facility. As of June 30, 2016, Navios Partners was in compliance with the financial covenants of all of its credit facilities. The maturity table below reflects the gross principal payments due under its credit facilities for the 12-month periods ended June 30: Year Amount 2017 $ 41,824 2018 457,339 2019 5,913 2020 5,913 2021 5,913 2022 and thereafter 44,343 $ 561,245

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
Fair Value of Financial Instruments	Jun. 30, 2016
Fair Value of Financial Instruments [Abstract]
Fair Value of Financial Instruments	NOTE 8 - FAIR VALUE OF FINANCIAL INSTRUMENTS The carrying value amounts of many of Navios Partners' financial instruments, including cash and cash equivalents, restricted cash, accounts receivable and accounts payable and amounts due to related parties approximate their fair value due primarily to the short-term maturity of the related instruments. The following methods and assumptions were used to estimate the fair value of each class of financial instrument: Cash and cash equivalents and restricted cash: Other long-term debt: Term Loan B facility: The estimated fair values of the Navios Partners' financial instruments are as follows: June 30, 2016 December 31, 2015 Book Value Fair Value Book Value Fair Value Cash and cash equivalents $ 25,327 $ 25,327 $ 26,750 $ 26,750 Restricted cash $ 1,572 $ 1,572 $ 7,789 $ 7,789 Loans receivable from affiliates $ 1,971 $ 1,971 $ 1,521 $ 1,521 Amounts due to related parties $ (7,352 ) $ (7,352 ) $ (8,680 ) $ (8,680 ) Term Loan B facility, net $ (381,417 ) $ (339,215 ) $ (404,977 ) $ (406,410 ) Other long-term debt, net $ (173,590 ) $ (174,953 ) $ (193,102 ) $ (194,569 ) Fair Value Measurements The estimated fair value of our financial instruments that are not measured at fair value on a recurring basis, categorized based upon the fair value hierarchy, are as follows: Level I: Inputs are unadjusted, quoted prices for identical assets or liabilities in active markets that we have the ability to access. Valuation of these items does not entail a significant amount of judgment. Level II: Inputs other than quoted prices included in Level I that are observable for the asset or liability through corroboration with market data at the measurement date. Level III: Inputs that are unobservable. The Company did not use any Level 3 inputs as of June 30, 2016 and December 31, 2015. Fair Value Measurements at June 30, 2016 Total Level I Level II Level III Cash and cash equivalents $ 25,327 $ 25,327 $ $ Restricted cash $ 1,572 $ 1,572 $ $ Loans receivable from affiliates $ 1,971 $ $ 1,971 $ Term Loan B facility, net (1) $ (339,215 ) $ $ (339,215 ) $ Other long-term debt, net (1) $ (174,953 ) $ $ (174,953 ) $ The estimated fair value of our financial instruments that are measured at fair value on a non-recurring basis, categorized based upon the fair value hierarchy, are as follows: Fair Value Measurements at June 30, 2016 Total Level I Level II Level III Vessel held for sale $ 125,000 $ $ 125,000 $ Fair Value Measurements at December 31, 2015 Total Level I Level II Level III Cash and cash equivalents $ 26,750 $ 26,750 $ $ Restricted cash $ 7,789 $ 7,789 $ $ Loans receivable from affiliates $ 1,521 $ $ 1,521 $ Term Loan B facility, net (1) $ (406,410 ) $ $ (406,410 ) $ Other long-term debt, net (1) $ (194,569 ) $ $ (194,569 ) $ (1 )The fair value of the Company's debt is estimated based currently available debt with similar contract terms, interest rate and remaining maturities as well as taking into account our creditworthiness.

Issuance of Units

Issuance of Units	6 Months Ended
Issuance of Units	Jun. 30, 2016
Issuance of Units [Abstract]
Issuance of Units	NOTE 9 - ISSUANCE OF UNITS On February 11, 2015, Navios Partners completed its public offering of 4,000,000 common units at $13.09 per unit and raised gross proceeds of approximately $52,360 to fund its fleet expansion. The net proceeds of this offering, including the underwriting discount and excluding offering costs of $216 were approximately $50,120. Pursuant to this offering, Navios Partners issued 81,633 general partnership units to its general partner. The net proceeds from the issuance of the general partnership units were $1,069. On the same date, Navios Partners completed the exercise of the option previously granted to the underwriters in connection with the offering and issued 600,000 additional common units at the public offering price less the underwriting discount. As a result of the exercise of the option, Navios Partners raised additional gross proceeds of $7,854 and net proceeds, including the underwriting discount, of approximately $7,518 and issued 12,245 additional general partnership units to its general partner. The net proceeds from the issuance of the general partnership units were $160. In addition, Navios Partners completed a private placement of 1,120,547 common units and 22,868 general partner units at $13.09 per unit to Navios Holdings, raising additional gross proceeds of $14,967. Following the public offering and the private placement, Navios Holdings currently owns a 20.1% interest in Navios Partners, which includes the 2.0% interest through Navios Partners' general partner which Navios Holdings owns and controls.

Segment Information

Segment Information	6 Months Ended
Segment Information	Jun. 30, 2016
Segment Information [Abstract]
Segment Information	NOTE 10 - SEGMENT INFORMATION 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 reviews operating results solely by revenue per day and operating results of the fleet and 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 and container vessels operate worldwide. Revenues from specific geographic region which contribute over 10% of total revenue are disclosed separately. Revenue by Geographic Region Vessels operate on a worldwide basis and are not restricted to specific locations. Accordingly, it is not possible to allocate the assets of these operations to specific countries. Three Month Period ended June 30, 2016 Three Month Period ended June 30, 2015 Six Month Period ended June 30, 2016 Six Month Period ended June 30, 2015 Asia $ 29,289 $ 36,318 $ 56,520 $ 74,502 Europe 9,561 15,180 22,588 27,995 North America 3,173 2,426 5,769 5,665 Australia 2,854 2,549 5,641 5,097 Total $ 44,877 $ 56,473 $ 90,518 $ 113,259

Income Taxes

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2016
Income Taxes [Abstract]
Income Taxes	NOTE 11 - INCOME TAXES Marshall Islands, Malta and Liberia do not impose a tax on international shipping income. Under the laws of Marshall Islands, Malta and Liberia, the countries of the vessel-owning subsidiaries' incorporation and vessels' registration, the vessel-owning subsidiaries are subject to registration and tonnage taxes which have been included in vessel operating expenses in the accompanying 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 are subject to duties towards the Greek state which are calculated on the basis of the relevant vessel's tonnage. The payment of said duties exhausts the tax liability of the foreign ship owning company and the relevant manager against any tax, duty, charge or contribution payable on income from the exploitation of the foreign flagged vessel. 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.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Jun. 30, 2016
Commitments and Contingencies [Abstract]
Commitments and Contingencies	NOTE 12 - 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 January 2011, Korea Line Corporation (KLC) which is the charterer of the Navios Melodia filed for receivership. The charter contract was affirmed and was performed by KLC on its original terms, following an interim suspension period until April 2016 during which Navios Partners traded the vessel directly. On April 1, 2016, the vessel was delivered to KLC.

Transactions with Related Parti

Transactions with Related Parties and Affiliates	6 Months Ended
Transactions with Related Parties and Affiliates	Jun. 30, 2016
Transactions with Related Parties and Affiliates [Abstract]
Transactions with Related Parties and Affiliates	NOTE 13 - TRANSACTIONS WITH RELATED PARTIES AND AFFILIATES The Navios Holdings Credit facility: Management fees: Total management fees for the three and six months ended June 30, 2016 amounted to $14,719 and $29,439, respectively. Total management fees for the three and six months ended June 30, 2015 amounted to $14,141 and $27,542, respectively . General and administrative expenses: Total general and administrative expenses charged by Navios Holdings for the three and six month periods ended June 30, 2016 amounted to $1,938 and $3,875, respectively. Total general and administrative expenses charged by Navios Holdings for the three and six month periods ended June 30, 2015 amounted to $1,505 and $3,105, respectively. Balance due to related parties: Vessel Chartering: In May 2012, Navios Partners entered into a charter with a subsidiary of Navios Holdings for the Navios Prosperity, a 2007-built Panamax vessel. The term of this charter was approximately one year with two six-month extension options granted to Navios Holdings, at a net daily rate of $12.00 plus profit sharing. In April 2014, this charter was extended for approximately one year and the owners will receive 100% of the first $1.50 in profits above the base rate, and thereafter all profits will be split 50/50 to each party. On February 11, 2015, Navios Partners and Navios Holdings entered into a novation agreement whereby the rights to the time charter contract of Navios Prosperity were transferred to Navios Holdings on March 5, 2015. In September 2012, Navios Partners entered into a charter with a subsidiary of Navios Holdings for the Navios Libra, a 1995-built Panamax vessel. The term of this charter is approximately three years commencing in October 2012, at a net daily rate of $12.00 plus 50/50 profit sharing based on actual earnings. In April 2015, this charter was further extended for approximately one year at a net daily rate of $12.00 plus 50/50 profit sharing based on actual earnings at the end of the period. The vessel was redelivered in April 2016. In May 2013, Navios Partners entered into a charter with a subsidiary of Navios Holdings for the Navios Felicity, a 1997-built Panamax vessel. The term of this charter was approximately one year with two six-month extension options, at a net daily rate of $12.00 plus profit sharing. The owners will receive 100% of the first $1.50 in profits above the base rate, and thereafter all profits will be split 50/50 to each party. In February 2014, Navios Holdings exercised its first option to extend this charter, and in August 2014, Navios Holdings exercised its second option. In April 2015, this charter was further extended for approximately one year at a net daily rate of $12.00 plus 50/50 profit sharing based on actual earnings at the end of the period. The vessel was redelivered in April 2016. In May 2013, Navios Partners entered into a charter with a subsidiary of Navios Holdings for the Navios Aldebaran, a 2008-built Panamax vessel. The term of this charter was approximately six months commencing in June 2013, at a net daily rate of $11.00 plus profit sharing, with a six-month extension option. In December 2013, Navios Holdings exercised its option to extend this charter, at a net daily rate of $11.00 plus profit sharing. The owners will receive 100% of the first $2.50 in profits above the base rate, and thereafter all profits will be split 50/50 to each party. In July 2014, the Company further extended this charter for approximately six to nine months. On February 11, 2015, Navios Partners and Navios Holdings entered into a novation agreement whereby the rights to the time charter contract of Navios Aldebaran were transferred to Navios Holdings on February 28, 2015. In July 2013, Navios Partners entered into a charter with a subsidiary of Navios Holdings for the Navios Hope, a 2005-built Panamax vessel. The term of this charter was approximately one year, at a net daily rate of $10.00. In December 2013, Navios Holdings extended this charter for approximately six months at a net daily rate of $10.00 plus 50/50 profit sharing based on actual earnings. In January 2015, this charter was further extended for approximately one year at a net daily rate of $10.00 plus 50/50 profit sharing based on actual earnings at the end of the period. The vessel was redelivered in December 2015. In July 2013, Navios Partners entered into a charter with a subsidiary of Navios Holdings for the Navios Pollux, a 2009-built Capesize vessel, which was completed in August 2013. In August 2014, Navios Partners entered into another charter with a subsidiary of Navios Holdings for the Navios Pollux. The term of this charter was approximately three months which commenced in August 2014, at a daily rate of $21.30 net per day. The charter contract was completed in November 2014. In February 2015, Navios Partners entered into a charter with a subsidiary of Navios Holdings for the Navios Pollux, a 2009-built Capesize vessel. The term of this charter is approximately for twelve months at a daily rate of $11.40 net per day plus 50/50 profit sharing based on actual earnings at the end of the period. The vessel was redelivered in February 2016. In March 2015, Navios Partners entered into a charter with a subsidiary of Navios Holdings for the Navios Gemini, a 1994-built Panamax vessel. The term of this charter is approximately nine months that commenced in March 2015, at a net daily rate of $7.60 plus 50/50 profit sharing based on actual earnings at the end of the period. The vessel was redelivered in January 2016. In April 2015, Navios Partners entered into a charter with a subsidiary of Navios Holdings for the Navios Hyperion, a 2004-built Panamax vessel. The term of this charter is approximately ten months that commenced in April 2015, at a net daily rate of $12.00 plus 50/50 profit sharing based on actual earnings at the end of the period. The vessel was redelivered in January 2016. In April 2015, Navios Partners entered into a charter with a subsidiary of Navios Holdings for the Navios Soleil, a 2009-built Ultra-Handymax vessel. The term of this charter is approximately ten months that commenced in May 2015, at a net daily rate of $12.00 plus 50/50 profit sharing based on actual earnings at the end of the period. The vessel was redelivered in December 2015. In April 2015, Navios Partners entered into a charter with a subsidiary of Navios Holdings for the Navios Harmony, a 2006-built Panamax vessel. The term of this charter is approximately twelve months that commenced in May 2015, at a net daily rate of $12.00 plus 50/50 profit sharing based on actual earnings at the end of the period. The vessel was redelivered in April 2016. In April 2015, Navios Partners entered into a charter with a subsidiary of Navios Holdings for the Navios Orbiter, a 2004-built Panamax vessel. The term of this charter is approximately twelve months that commenced in June 2015, at a net daily rate of $12.00 plus 50/50 profit sharing based on actual earnings at the end of the period. The vessel was redelivered in April 2016. In April 2015, Navios Partners entered into a charter with a subsidiary of Navios Holdings for the Navios Fantastiks, a 2005-built Capesize vessel. The term of this charter is approximately ten months that commenced in June 2015, at a net daily rate of $12.50 plus 50/50 profit sharing based on actual earnings at the end of the period. The vessel was redelivered in April 2016. In April 2015, Navios Partners entered into a charter with a subsidiary of Navios Holdings for the Navios Alegria, a 2004-built Panamax vessel. The term of this charter is approximately twelve months that commenced in June 2015, at a net daily rate of $12.00 plus 50/50 profit sharing based on actual earnings at the end of the period. The vessel was redelivered in April 2016. In April 2015, Navios Partners entered into a charter with a subsidiary of Navios Holdings for the Navios Sun, a 2005-built Panamax vessel. The term of this charter is approximately ten months that commenced in July 2015, at a net daily rate of $12.00 plus 50/50 profit sharing based on actual earnings at the end of the period. The vessel was redelivered in April 2016. For the three and six months ended June 30, 2016, the total revenue of Navios Partners from the subsidiaries of Navios Holdings amounted to $(3,135) and $1,171, respectively. For the three and six months ended June 30, 2015, the total revenue of Navios Partners from the subsidiaries of Navios Holdings amounted to $7,723 and $14,133, respectively. Share Purchase Agreements: Registration Rights Agreement: Revolving Loans to Navios Europe I: The Navios Revolving Loans I earn a 12.7% preferred distribution and are repaid from Free Cash Flow (as defined in the loan agreement) to the fullest extent possible at the end of each quarter. There are no covenant requirements or stated maturity dates. As of June 30, 2016, Navios Partners' portion of the outstanding amount relating to portion of the investment in Navios Europe I (5.0% of the $10,000) was $500, under the caption Investment in affiliates and the outstanding amount relating to the Navios Revolving Loans I capital is $750, under the caption Loans receivable from affiliates. As of June 30, 2016 and December 31, 2015, the amounts undrawn from the Navios Revolving Loans I were $9,100, of which Navios Partners' portion was $455. Revolving Loans to Navios Europe II: The Navios Revolving Loans II earn an 18.0% preferred distribution and are repaid from Free Cash Flow (as defined in the loan agreement) to the fullest extent possible at the end of each quarter. There are no covenant requirements or stated maturity dates. As of June 30, 2016, Navios Partners' portion of the outstanding amount relating to portion of the investment in Navios Europe II (5.0% of the $14,000) was $700, under the caption Investment in affiliates and the outstanding amount relating to the Navios Revolving Loans II capital is $1,221, under the caption Loans receivable from affiliates. As of June 30, 2016, the amounts undrawn from the Navios Revolving Loans II was $14,075, of which Navios Partners' portion was $704. As of December 31, 2015, the amount undrawn from the Navios Revolving Loans II was $23,075, of which Navios Partners' portion was $1,154. Others: Navios Partners entered into an omnibus agreement with Navios Acquisition and Navios Holdings (the Acquisition Omnibus Agreement) in connection with the closing of Navios Acquisition's initial vessel acquisition, pursuant to which, among other things, Navios Holdings and Navios Partners agreed not to acquire, charter-in or own liquid shipment vessels, except for container vessels and vessels that are primarily employed in operations in South America, without the consent of an independent committee of Navios Acquisition. In addition, Navios Acquisition, under the Acquisition Omnibus Agreement, agreed to cause its subsidiaries not to acquire, own, operate or charter drybulk carriers subject to specific exceptions. Under the Acquisition Omnibus Agreement, Navios Acquisition and its subsidiaries granted to Navios Holdings and Navios Partners, a right of first offer on any proposed sale, transfer or other disposition of any of its drybulk carriers and related charters owned or acquired by Navios Acquisition. Likewise, Navios Holdings and Navios Partners agreed to grant a similar right of first offer to Navios Acquisition for any liquid shipment vessels it might own. These rights of first offer will not apply to a (i) sale, transfer or other disposition of vessels between any affiliated subsidiaries, or pursuant to the terms of any charter or other agreement with a counterparty, or (ii) merger with or into, or sale of substantially all of the assets to, an unaffiliated third party. In connection with the Navios Maritime Midstream Partners L.P. (Navios Midstream) initial public offering and effective November 18, 2014, Navios Partners entered into an omnibus agreement with Navios Midstream, Navios Acquisition and Navios Holdings pursuant to which Navios Acquisition, Navios Holdings and Navios Partners have agreed not to acquire or own any VLCCs, crude oil tankers, refined petroleum product tankers, LPG tankers or chemical tankers under time charters of five or more years and also providing rights of first offer on certain tanker vessels. On November 15, 2012 (as amended in March 2014), Navios Holdings and Navios Partners entered into an agreement (the Navios Holdings Guarantee) by which Navios Holdings will provide supplemental credit default insurance with a maximum cash payment of $20,000. During the three and six month period ended June 30, 2016, the Company submitted claims for charterers' default under this agreement to Navios Holdings for a total amount of $2,276 and $4,552, respectively, net of applicable deductions which were recorded under Other income/ (expense), net. As of June 30, 2016, Navios Holdings held an 18.1% common unit interest in Navios Partners, represented by 15,344,310 common units, and it also held a general partner interest of 2.0%.

Investment In Navios Europe I A

Investment In Navios Europe I And Navios Europe II	6 Months Ended
Investment In Navios Europe I And Navios Europe II	Jun. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]
Investment in Navios Europe I and Navios Europe II	NOTE 14 - INVESTMENT IN NAVIOS EUROPE I AND NAVIOS EUROPE II Navios Europe I On an ongoing basis, Navios Europe I is required to distribute cash flows (after payment of operating expenses and amounts due pursuant to the terms of the Senior Loans I and repayments of the Navios Revolving Loans I) according to a defined waterfall calculation. Navios Partners evaluated its investment in Navios Europe I under ASC 810 and concluded that Navios Europe I is a variable interest entity (VIE) and that they are not the party most closely associated with Navios Europe I and, accordingly, is not the primary beneficiary of Navios Europe I. Navios Partners further evaluated its investment in the common stock of Navios Europe I under ASC 323 and concluded that it has the ability to exercise significant influence over the operating and financial policies of Navios Europe I and, therefore, its investment in Navios Europe I is accounted for under the equity method. As of June 30, 2016, the estimated maximum potential loss by Navios Partners in Navios Europe I would have been $1,343, which represents the Company's carrying value of the investment of $593 plus the Company's balance of the Navios Revolving Loans I of $750 and does not include the undrawn portion of the Navios Revolving Loans I. As of June 30, 2016, the Navios Partners' portion of the Navios Revolving Loan I outstanding was $750. Income of $70 was recognized in the statement of operations under the caption of Other income/ (expense), net for the six months ended June 30, 2016. Income of $22 was recognized in the statement of operations under the caption of Other income/ (expense), net for the six month period ended June 30, 2015. Navios Europe II On an ongoing basis, Navios Europe II is required to distribute cash flows (after payment of operating expenses, amounts due pursuant to the terms of the Senior Loans and repayments of the Navios Revolving Loans II) according to a defined waterfall calculation. Navios Partners evaluated its investment in Navios Europe II under ASC 810 and concluded that Navios Europe II is a variable interest entity (VIE) and that it is not the party most closely associated with Navios Europe II and, accordingly, is not the primary beneficiary of Navios Europe II. Navios Partners further evaluated its investment in the common stock of Navios Europe II under ASC 323 and concluded that it has the ability to exercise significant influence over the operating and financial policies of Navios Europe II and, therefore, its investment in Navios Europe II is accounted for under the equity method. As of June 30, 2016, the estimated maximum potential loss by Navios Partners in Navios Europe II would have been $1,967, which represents the Company's carrying value of the investment of $746 plus the Company's balance of the Navios Revolving Loans II of $1,221 and does not include the undrawn portion of the Navios Revolving Loans II. As of June 30, 2016, the Navios Partners' portion of the Navios Revolving Loan II outstanding was $1,221. Income of $68 was recognized in the statement of operations under the caption of Other income/ (expense), net for the year ended June 30, 2016. For the six month period ended June 30, 2015, Navios Europe II had minimal operations and therefore, the Company did not record any equity method investee income/ (loss).

Cash Distributions and Earnings

Cash Distributions and Earnings per Unit	6 Months Ended
Cash Distributions and Earnings per Unit	Jun. 30, 2016
Cash Distributions and Earnings Per Unit [Abstract]
Cash Distributions and Earnings Per Unit	NOTE 15 - CASH DISTRIBUTIONS AND EARNINGS PER UNIT Navios Partners intends to make distributions to the holders of common units on a quarterly basis, to the extent and as may be declared by the Board and to the extent it has sufficient cash on hand to pay the distribution after the Company establishes cash reserves and pays fees and expenses. There is no guarantee that Navios Partners will pay a quarterly distribution on the common units in any quarter. On February 3, 2016, Navios Partners announced that its board of directors decided to suspend the quarterly cash distributions to its unitholders, including the distribution for the quarter ended December 31, 2015. The amount of any distributions paid under Navios Partners' policy and the decision to make any distribution is determined by its board of directors, taking into consideration the terms of its partnership agreement. 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 the General Partner, which are analyzed as follows: Marginal Percentage Interest in Distributions Total Quarterly Distribution Target Amount Common Unitholders General Partner Minimum Quarterly Distribution up to $0.35 98 % 2% First Target Distribution up to $0.4025 98 % 2% Second Target Distribution above $0.4025 up to $0.4375 85 % 15% Third Target Distribution above $0.4375 up to $0.525 75 % 25% Thereafter above $0.525 50 % 50% The first 98% of the quarterly distribution is paid to all common units holders. The incentive distributions rights (held by the General Partner) apply only after a minimum quarterly distribution of $0.4025. 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 net income per unit is determined by dividing net income by the weighted average number of units outstanding during the period. Diluted earnings per unit is calculated in the same manner as net income per unit, except that the weighted average number of outstanding units increased to include the dilutive effect of outstanding unit options or phantom units. Net loss per unit undistributed is determined by taking the distributions in excess of net income and allocating between common units and general partner units on a 98%-2% basis. There were no options or phantom units outstanding during the six months ended June 30, 2016 and 2015. The calculations of the basic and diluted earnings per unit are presented below. Three Month Period Ended Six Month Period Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Net (loss)/ income $ (16,807) $ 11,355 $ (16,598) $ 22,234 Earnings attributable to: Common unit holders (16,470) 10,555 (16,266) 20,644 Weighted average units outstanding (basic and diluted) Common unit holders 83,079,710 83,079,710 83,079,710 81,783,895 Earnings per unit (basic and diluted): Common unit holders $ (0.20) $ 0.13 $ (0.20) $ 0.25 Earnings per unit distributed (basic and diluted): Common unit holders $ $ 0.44 $ $ 0.90 Loss per unit undistributed (basic and diluted): Common unit holders $ (0.20) $ (0.31 ) $ (0.20) $ (0.65 )

Other Income_ (Expense), Net

Other Income/ (Expense), Net	6 Months Ended
Other Income/ (Expense), Net	Jun. 30, 2016
Other Income/ (Expense), Net [Abstract]
Other Income	NOTE 16 - OTHER INCOME/ (EXPENSE), NET On November 15, 2012 (as amended in March 2014), Navios Holdings and Navios Partners entered into an agreement by which Navios Holdings will provide supplemental credit default insurance with a maximum cash payment of $20,000. During the three and six month period ended June 30, 2016, the Company submitted claims for charterers' default under this agreement to Navios Holdings for a total amount of $2,276 and $4,552, respectively.

Subsequent Events

Subsequent Events	6 Months Ended
Subsequent Events	Jun. 30, 2016
Subsequent Events [Abstract]
Subsequent Events	NOTE 17 - SUBSEQUENT EVENTS Pursuant to the charter restructuring documentation executed on July 15, 2016, it has been agreed that the hire rate of five Container vessels chartered out to Hyundai Merchant Marine Co., Ltd. (HMM) will be reduced by 20%, as follows: With effect from (and including) July 18, 2016 until (and including) December 31, 2019, hire rate shall be reduced to $24.40 per day pro rata. With effect from (and including) January 1, 2020, hire rate shall be restored to the rate of $30.50 per day pro rata until redelivery. In exchange under the charter restructuring agreement, the Company received: $7,692 principal amount of senior, unsecured notes, amortizing subject to available cash flows, accruing interest at 3% per annum payable on maturity in July 2024; and 3,657 freely tradable shares of HMM. In August 2016, Navios Partners sold the 3,657 shares of HMM generating net cash proceeds of approximately $21,260.

Basis of Presentation Policies

Basis of Presentation Policies (Policies)	6 Months Ended
Basis of Presentation Policies (Policies)	Jun. 30, 2016
Basis of Presentation [Abstract]
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 financial positions, statement of partner's 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' 2015 Annual Report filed on Form 20-F with the Securities and Exchange Commission (SEC).
Vessel held for sale:	Vessel held for sale:

Basis of Presentation (Tables)

Basis of Presentation (Tables)	6 Months Ended
Basis of Presentation (Tables)	Jun. 30, 2016
Basis of Presentation [Abstract]
Entities included in consolidation	Country of Statements of operations Company name Vessel name incorporation 2016 2015 Libra Shipping Enterprises Corporation Navios Libra II Marshall Is. 1/01 - 06/30 1/01 - 06/30 Alegria Shipping Corporation Navios Alegria Marshall Is. 1/01 - 06/30 1/01 - 06/30 Felicity Shipping Corporation Navios Felicity Marshall Is. 1/01 - 06/30 1/01 - 06/30 Gemini Shipping Corporation Navios Gemini S Marshall Is. 1/01 - 06/30 1/01 - 06/30 Galaxy Shipping Corporation Navios Galaxy I Marshall Is. 1/01 - 06/30 1/01 - 06/30 Aurora Shipping Enterprises Ltd. Navios Hope Marshall Is. 1/01 - 06/30 1/01 - 06/30 Palermo Shipping S.A. Navios Apollon Marshall Is. 1/01 - 06/30 1/01 - 06/30 Fantastiks Shipping Corporation Navios Fantastiks Marshall Is. 1/01 - 06/30 1/01 - 06/30 Sagittarius Shipping Corporation Navios Sagittarius Marshall Is. 1/01 - 06/30 1/01 - 06/30 Hyperion Enterprises Inc. Navios Hyperion Marshall Is. 1/01 - 06/30 1/01 - 06/30 Chilali Corp. Navios Aurora II Marshall Is. 1/01 - 06/30 1/01 - 06/30 Surf Maritime Co. Navios Pollux Marshall Is. 1/01 - 06/30 1/01 - 06/30 Pandora Marine Inc. Navios Melodia Marshall Is. 1/01 - 06/30 1/01 - 06/30 Customized Development S.A. Navios Fulvia Liberia 1/01 - 06/30 1/01 - 06/30 Kohylia Shipmanagement S.A. Navios Luz Marshall Is. 1/01 - 06/30 1/01 - 06/30 Orbiter Shipping Corp. Navios Orbiter Marshall Is. 1/01 - 06/30 1/01 - 06/30 Floral Marine Ltd. Navios Buena Ventura Marshall Is. 1/01 - 06/30 1/01 - 06/30 Golem Navigation Limited Navios Soleil Marshall Is. 1/01 - 06/30 1/01 - 06/30 Kymata Shipping Co. Navios Helios Marshall Is. 1/01 - 06/30 1/01 - 06/30 Joy Shipping Corporation Navios Joy Marshall Is. 1/01 - 06/30 1/01 - 06/30 Micaela Shipping Corporation Navios Harmony Marshall Is. 1/01 - 06/30 1/01 - 06/30 Pearl Shipping Corporation Navios Sun Marshall Is. 1/01 - 06/30 1/01 - 06/30 Velvet Shipping Corporation Navios La Paix Marshall Is. 1/01 - 06/30 1/01 - 06/30 Rubina Shipping Corporation Hyundai Hongkong Marshall Is. 1/01 - 06/30 1/01 - 06/30 Topaz Shipping Corporation Hyundai Singapore Marshall Is. 1/01 - 06/30 1/01 - 06/30 Beryl Shipping Corporation Hyundai Tokyo Marshall Is. 1/01 - 06/30 1/01 - 06/30 Cheryl Shipping Corporation Hyundai Shanghai Marshall Is. 1/01 - 06/30 1/01 - 06/30 Christal Shipping Corporation Hyundai Busan Marshall Is. 1/01 - 06/30 1/01 - 06/30 Fairy Shipping Corporation YM Utmost Marshall Is. 1/01 - 06/30 1/01 - 06/30 Limestone Shipping Corporation YM Unity Marshall Is. 1/01 - 06/30 1/01 - 06/30 Dune Shipping Corp. MSC Cristina Marshall Is. 1/01 - 06/30 4/22 - 06/30 Citrine Shipping Corporation Marshall Is. Chartered-in vessels Prosperity Shipping Corporation Navios Prosperity Marshall Is. 1/01 - 03/05 Aldebaran Shipping Corporation Navios Aldebaran Marshall Is. 1/01 - 02/28 Other JTC Shipping and Trading Ltd () Holding Company Malta 1/01 - 06/30 1/01 - 06/30 Navios Maritime Partners L.P. N/A Marshall Is. 1/01 - 06/30 1/01 - 06/30 Navios Maritime Operating LLC N/A Marshall Is. 1/01 - 06/30 1/01 - 06/30 Navios Partners Finance (US) Inc. Co-Borrower Delaware 1/01 - 06/30 1/01 - 06/30 Navios Partners Europe Finance Inc. Sub-Holding Company Marshall Is. 1/01 - 06/30 1/01 - 06/30 () Not a vessel-owning subsidiary and only holds right to a charter-in contract.

Cash and Cash Equivalents (Tabl

Cash and Cash Equivalents (Tables)	6 Months Ended
Cash and Cash Equivalents (Tables)	Jun. 30, 2016
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents	June 30, 2016 December 31 2015 Cash on hand and at banks $ 25,304 $ 26,332 Short-term deposits and highly liquid funds 23 418 Total cash and cash equivalents $ 25,327 $ 26,750

Vessels, Net (Tables)

Vessels, Net (Tables)	6 Months Ended
Vessels, Net (Tables)	Jun. 30, 2016
Vessels, Net [Abstract]
Vessels, Net	Vessels Cost Accumulated Depreciation Net Book Value Balance December 31, 2014 $ 1,358,348 $ (218,922 ) $ 1,139,426 Additions 147,840 (57,217 ) 90,623 Balance December 31, 2015 $ 1,506,188 $ (276,139 ) $ 1,230,049 Additions (29,095 ) (29,095 ) Impairment loss (22,840 ) 5,647 (17,193 ) Transfer to vessel held for sale (see Note 5) (125,000 ) (125,000 ) Balance June 30, 2016 $ 1,358,348 $ (299,587 ) $ 1,058,761

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
Intangible Assets (Tables)	Jun. 30, 2016
Intangible Assets [Abstract]
Intangible Assets	Cost Accumulated Amortization Net Book Value Favorable lease terms December 31, 2014 $ 158,987 $ (84,932 ) $ 74,055 Additions (18,716 ) (18,716 ) Write-off (31,199 ) 31,199 Favorable lease terms December 31, 2015 $ 127,788 $ (72,449 ) $ 55,339 Additions (8,519 ) (8,519 ) Favorable lease terms June 30, 2016 $ 127,788 $ (80,968 ) $ 46,820
Amortization of Favorable Lease Terms	Three Month Period Ended Six Month Period Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Favorable lease terms charter-out $ (4,405 ) $ (4,655 ) $ (8,519 ) $ (9,310 ) Total $ (4,405 ) $ (4,655 ) $ (8,519 ) $ (9,310 )
Aggregate Amortizations of Intangible Assets	Year Amount 2017 $ 17,620 2018 11,500 2019 7,237 2020 6,103 2021 2,942 2022 and thereafter 1,418 $ 46,820

Borrowings (Tables)

Borrowings (Tables)	6 Months Ended
Borrowings (Tables)	Jun. 30, 2016
Debt Disclosure [Abstract]
Borrowings	June 30, 2016 December 31, 2015 Term Loan B facility $ 386,292 $ 411,292 Credit facilities 174,953 194,569 Total borrowings $ 561,245 $ 605,861 Less: Long-term unamortized discount (1,970 ) (2,464 ) Less: Current portion of long-term debt, net (38,512 ) (23,336 ) Less: Deferred finance fees, net (4,268 ) (5,319 ) Long-term debt, net $ 516,495 $ 574,742
Maturities of Long Term Debt	Year Amount 2017 $ 41,824 2018 457,339 2019 5,913 2020 5,913 2021 5,913 2022 and thereafter 44,343 $ 561,245

Fair Value of Financial Instr31

Fair Value of Financial Instruments (Tables)	6 Months Ended
Fair Value of Financial Instruments (Tables)	Jun. 30, 2016
Derivative Fair Value Of Financial Instruments [Abstract]
Fair value of financial instruments	June 30, 2016 December 31, 2015 Book Value Fair Value Book Value Fair Value Cash and cash equivalents $ 25,327 $ 25,327 $ 26,750 $ 26,750 Restricted cash $ 1,572 $ 1,572 $ 7,789 $ 7,789 Loans receivable from affiliates $ 1,971 $ 1,971 $ 1,521 $ 1,521 Amounts due to related parties $ (7,352 ) $ (7,352 ) $ (8,680 ) $ (8,680 ) Term Loan B facility, net $ (381,417 ) $ (339,215 ) $ (404,977 ) $ (406,410 ) Other long-term debt, net $ (173,590 ) $ (174,953 ) $ (193,102 ) $ (194,569 )
Fair value measurements on a nonrecurring basis	Fair Value Measurements at June 30, 2016 Total Level I Level II Level III Cash and cash equivalents $ 25,327 $ 25,327 $ $ Restricted cash $ 1,572 $ 1,572 $ $ Loans receivable from affiliates $ 1,971 $ $ 1,971 $ Term Loan B facility, net (1) $ (339,215 ) $ $ (339,215 ) $ Other long-term debt, net (1) $ (174,953 ) $ $ (174,953 ) $ Fair Value Measurements at June 30, 2016 Total Level I Level II Level III Vessel held for sale $ 125,000 $ $ 125,000 $ Fair Value Measurements at December 31, 2015 Total Level I Level II Level III Cash and cash equivalents $ 26,750 $ 26,750 $ $ Restricted cash $ 7,789 $ 7,789 $ $ Loans receivable from affiliates $ 1,521 $ $ 1,521 $ Term Loan B facility, net (1) $ (406,410 ) $ $ (406,410 ) $ Other long-term debt, net (1) $ (194,569 ) $ $ (194,569 ) $

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
Segment Information (Tables)	Jun. 30, 2016
Segment Information [Abstract]
Segments Summarized Financial Information	Three Month Period ended June 30, 2016 Three Month Period ended June 30, 2015 Six Month Period ended June 30, 2016 Six Month Period ended June 30, 2015 Asia $ 29,289 $ 36,318 $ 56,520 $ 74,502 Europe 9,561 15,180 22,588 27,995 North America 3,173 2,426 5,769 5,665 Australia 2,854 2,549 5,641 5,097 Total $ 44,877 $ 56,473 $ 90,518 $ 113,259

Cash Distributions and Earnin33

Cash Distributions and Earnings per Unit (Tables)	6 Months Ended
Cash Distributions and Earnings per Unit (Tables)	Jun. 30, 2016
Cash Distributions and Earnings Per Unit [Abstract]
Schedule of incentive distributions made to General Partners or Unitholders by distribution	Marginal Percentage Interest in Distributions Total Quarterly Distribution Target Amount Common Unitholders General Partner Minimum Quarterly Distribution up to $0.35 98 % 2% First Target Distribution up to $0.4025 98 % 2% Second Target Distribution above $0.4025 up to $0.4375 85 % 15% Third Target Distribution above $0.4375 up to $0.525 75 % 25% Thereafter above $0.525 50 % 50%
Schedule of earnings per unit, basic and diluted	Three Month Period Ended Six Month Period Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Net (loss)/ income $ (16,807) $ 11,355 $ (16,598) $ 22,234 Earnings attributable to: Common unit holders (16,470) 10,555 (16,266) 20,644 Weighted average units outstanding (basic and diluted) Common unit holders 83,079,710 83,079,710 83,079,710 81,783,895 Earnings per unit (basic and diluted): Common unit holders $ (0.20) $ 0.13 $ (0.20) $ 0.25 Earnings per unit distributed (basic and diluted): Common unit holders $ $ 0.44 $ $ 0.90 Loss per unit undistributed (basic and diluted): Common unit holders $ (0.20) $ (0.31 ) $ (0.20) $ (0.65 )

Description of Business (Detail

Description of Business (Details) - shares	1 Months Ended	6 Months Ended
Description of Business (Details) - shares	Feb. 11, 2015	Jun. 30, 2016	Dec. 31, 2015
Entity Information [Line Items]
General partner, Name		Navios GP L.L.C.
Formation date		Aug. 7, 2007
Date of initial public offering		Nov. 16, 2007
Common units outstanding		83,079,710	83,079,710
General partner units outstanding		1,695,509	1,695,509
Navios Holdings
Entity Information [Line Items]
Ownership percentage of Navios Holdings	20.10%	20.10%
Navios Holdings' general partner interest in Navios Partners		2.00%
Common units outstanding		15,344,310

Basis of presentation - Schedul

Basis of presentation - Schedule of Entities (Table) (Details)	6 Months Ended
	Jun. 30, 2016
Libra Shipping Enterprises Corporation
Entity Information [Line Items]
Vessel name	Navios Libra II
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Alegria Shipping Corporation
Entity Information [Line Items]
Vessel name	Navios Alegria
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Felicity Shipping Corporation
Entity Information [Line Items]
Vessel name	Navios Felicity
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Gemini Shipping Corporation
Entity Information [Line Items]
Vessel name	Navios Gemini S
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Galaxy Shipping Corporation
Entity Information [Line Items]
Vessel name	Navios Galaxy I
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Aurora Shipping Enterprises Ltd.
Entity Information [Line Items]
Vessel name	Navios Hope
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Palermo Shipping S.A.
Entity Information [Line Items]
Vessel name	Navios Apollon
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Fantastiks Shipping Corporation
Entity Information [Line Items]
Vessel name	Navios Fantastiks
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Sagittarius Shipping Corporation
Entity Information [Line Items]
Vessel name	Navios Sagittarius
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Hyperion Enterprises Inc.
Entity Information [Line Items]
Vessel name	Navios Hyperion
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Chilali Corp.
Entity Information [Line Items]
Vessel name	Navios Aurora II
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Surf Maritime Co.
Entity Information [Line Items]
Vessel name	Navios Pollux
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Pandora Marine Inc.
Entity Information [Line Items]
Vessel name	Navios Melodia
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Customized Development S.A.
Entity Information [Line Items]
Vessel name	Navios Fulvia
Country of incorporation	Liberia
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Kohylia Shipmanagement S.A.
Entity Information [Line Items]
Vessel name	Navios Luz
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Orbiter Shipping Corp.
Entity Information [Line Items]
Vessel name	Navios Orbiter
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Floral Marine Ltd.
Entity Information [Line Items]
Vessel name	Navios Buena Ventura
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Golem Navigation Limited
Entity Information [Line Items]
Vessel name	Navios Soleil
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Kymata Shipping Co.
Entity Information [Line Items]
Vessel name	Navios Helios
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Joy Shipping Corporation
Entity Information [Line Items]
Vessel name	Navios Joy
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Micaela Shipping Corporation
Entity Information [Line Items]
Vessel name	Navios Harmony
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Pearl Shipping Corporation
Entity Information [Line Items]
Vessel name	Navios Sun
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Velvet Shipping Corporation
Entity Information [Line Items]
Vessel name	Navios La Paix
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Rubina Shipping Corporation
Entity Information [Line Items]
Vessel name	Hyundai Hongkong
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Topaz Shipping Corporation
Entity Information [Line Items]
Vessel name	Hyundai Singapore
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Beryl Shipping Corporation
Entity Information [Line Items]
Vessel name	Hyundai Tokyo
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Cheryl Shipping Corporation
Entity Information [Line Items]
Vessel name	Hyundai Shanghai
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Christal Shipping Corporation
Entity Information [Line Items]
Vessel name	Hyundai Busan
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Fairy Shipping Corporation
Entity Information [Line Items]
Vessel name	YM Utmost
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Limestone Shipping Corporation
Entity Information [Line Items]
Vessel name	YM Unity
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Dune Shipping Corp.
Entity Information [Line Items]
Vessel name	MSC Cristina
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	4/22 - 06/30
Citrine Shipping Corporation
Entity Information [Line Items]
Country of incorporation	Marshall Is.
Prosperity Shipping Corporation \| Chartered-in vessels
Entity Information [Line Items]
Vessel name	Navios Prosperity
Country of incorporation	Marshall Is.
Statements of operations
2,015	1/01 - 3/05
Aldebaran Shipping Corporation \| Chartered-in vessels
Entity Information [Line Items]
Vessel name	Navios Aldebaran
Country of incorporation	Marshall Is.
Statements of operations
2,015	1/01 - 02/28
JTC Shipping and Trading Ltd \| Other
Entity Information [Line Items]
Vessel name	Holding Company
Country of incorporation	Malta
Statements of operations
2,016	1/01 - 06/30	[1]
2,015	1/01 - 06/30	[1]
Navios Maritime Partners L.P. \| Other
Entity Information [Line Items]
Vessel name	N/A
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Navios Maritime Operating LLC \| Other
Entity Information [Line Items]
Vessel name	N/A
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Navios Partners Finance (US) Inc. \| Other
Entity Information [Line Items]
Vessel name	Co-Borrower
Country of incorporation	Delaware
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30
Navios Partners Europe Finance Inc. \| Other
Entity Information [Line Items]
Vessel name	Sub-Holding Company
Country of incorporation	Marshall Is.
Statements of operations
2,016	1/01 - 06/30
2,015	1/01 - 06/30

[1]	Not a vessel-owning subsidiary and only holds right to a charter-in contract.

Cash and Cash Equivalents (Ta36

Cash and Cash Equivalents (Table) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Cash and Cash Equivalents [Abstract]
Cash on hand and at banks	$ 25,304	$ 26,332
Short-term deposits and highly liquid funds	23	418
Total cash and cash equivalents	$ 25,327	$ 26,750	$ 26,841	$ 99,495

Cash and Cash Equivalents (Deta

Cash and Cash Equivalents (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Restricted Cash And Cash Equivalents Items [Line Items]
Money market funds with duration of less than three months	$ 23	$ 418
Restricted cash	1,572	7,789
Retention Accounts
Restricted Cash And Cash Equivalents Items [Line Items]
Restricted cash	$ 1,572	$ 7,789

Vessels, Net (Table) (Details)

Vessels, Net (Table) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
Vessels, Net (Table) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Property Plant And Equipment [Line Items]
Balance			$ 1,230,049
Additions			(29,095)
Impairment loss	$ (17,193)	$ 0	(17,193)	$ 0
Transfer to vessel held for sale (see Note 5)			(125,000)
Balance	1,058,761		1,058,761		$ 1,230,049
Cost
Property Plant And Equipment [Line Items]
Balance			1,506,188	1,358,348	1,358,348
Additions					147,840
Impairment loss			(22,840)
Transfer to vessel held for sale (see Note 5)			(125,000)
Balance	1,358,348		1,358,348		1,506,188
Accumulated Depreciation
Property Plant And Equipment [Line Items]
Balance			(276,139)	(218,922)	(218,922)
Additions			(29,095)		(57,217)
Impairment loss			5,647
Balance	(299,587)		(299,587)		(276,139)
Net Book Value
Property Plant And Equipment [Line Items]
Balance			1,230,049	$ 1,139,426	1,139,426
Additions					90,623
Additions			(29,095)
Impairment loss			(17,193)
Transfer to vessel held for sale (see Note 5)			(125,000)
Balance	$ 1,058,761		$ 1,058,761		$ 1,230,049

Vessels, Net (Details)

Vessels, Net (Details) - MSC Cristina $ in Thousands	4 Months Ended	6 Months Ended
Vessels, Net (Details) - MSC Cristina $ in Thousands	Apr. 22, 2015USD ($)	Jun. 30, 2016
Property Plant And Equipment [Line Items]
Vessel year built		2,011
Vessel type		Container
Capacity per each container in TEU		13,100
Acquisition cost	$ 147,840
Deposits for vessels acquisitions	$ 14,802

Vessel Held for Sale (Details)

Vessel Held for Sale (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Vessel Held for Sale (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Long Lived Assets Held-for-sale [Line Items]
Vessel held for sale	$ 125,000		$ 125,000		$ 0
Impairment loss	17,193	$ 0	17,193	$ 0
MSC Cristina
Long Lived Assets Held-for-sale [Line Items]
Vessel held for sale	$ 125,000		125,000
Impairment loss			$ 17,193

Intangible Assets (Table) (Deta

Intangible Assets (Table) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Intangible Assets [Abstract]
Favorable lease terms - Cost	$ 127,788	$ 127,788	$ 158,987
Write-off - Cost		(31,199)
Favorable lease terms - Accumulated amortization	(80,968)	(72,449)	(84,932)
Additions - Accumulated Amortization	(8,519)	(18,716)
Write-off - Accumulated Amortization		31,199
Favorable lease terms - Net Book Value	46,820	55,339	$ 74,055
Additions - Net Book Value	$ (8,519)	$ (18,716)

Intangible Assets - Amortizatio

Intangible Assets - Amortization Expense (Table) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Intangible Assets [Abstract]
Favorable lease terms charter-out	$ (4,405)	$ (4,655)	$ (8,519)	$ (9,310)
Total	$ (4,405)	$ (4,655)	$ (8,519)	$ (9,310)

Intangible Assets - Aggregate A

Intangible Assets - Aggregate Amortizations (Table) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Intangible Assets [Abstract]
2,017	$ 17,620
2,018	11,500
2,019	7,237
2,020	6,103
2,021	2,942
2022 and thereafter	1,418
Total	$ 46,820	$ 55,339	$ 74,055

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Favorable lease terms - Cost	$ 127,788	$ 127,788	$ 158,987
Favorable lease terms - Accumulated amortization	$ 80,968	72,449	$ 84,932
Write-off - Cost		31,199
Finite lived intangible assets amortization method	straight line
Weighted average useful life for favorable lease terms chartered out	9 years 7 months 2 days
Navios Fulvia
Favorable lease terms - Cost		31,199
Favorable lease terms - Accumulated amortization		31,199
Write-off - Cost		$ 31,199

Borrowings (Table) (Details)

Borrowings (Table) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Term Loan B facility	$ 386,292	$ 411,292
Credit facilities	174,953	194,569
Total borrowings	561,245	605,861
Less: Long-term unamortized discount	(1,970)	(2,464)
Less: Current portion of long-term debt, net	(38,512)	(23,336)
Less: Deferred finance fees, net	(4,268)	(5,319)
Long-term debt, net	516,495	574,742
Term Loan B including addition
Debt Instrument [Line Items]
Term Loan B facility	386,292	$ 411,292
Less: Long-term unamortized discount	$ (1,970)

Borrowings - Principal Payments

Borrowings - Principal Payments Due (Table) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Long Term Debt By Maturity [Abstract]
2,017	$ 41,824
2,018	457,339
2,019	5,913
2,020	5,913
2,021	5,913
2022 and thereafter	44,343
Total borrowings	$ 561,245	$ 605,861

Borrowings (Details)

Borrowings (Details) $ in Thousands

Jan. 08, 2016USD ($)

Jan. 31, 2014USD ($)

Apr. 01, 2016USD ($)

Mar. 30, 2015USD ($)

Mar. 27, 2015USD ($)

Apr. 30, 2016USD ($)

Apr. 16, 2015USD ($)

May 31, 2016USD ($)

May 31, 2015USD ($)

Jun. 30, 2016USD ($)

Jun. 24, 2016USD ($)

Jun. 23, 2016USD ($)

Jun. 30, 2013USD ($)

Sep. 22, 2014USD ($)

Sep. 30, 2013USD ($)

Oct. 31, 2013USD ($)

Dec. 31, 2015USD ($)

Sep. 30, 2015USD ($)

Nov. 01, 2013USD ($)

Debt Instrument [Line Items]

Amount outstanding

$ 386,292

$ 411,292

Unamortized discount

1,970

2,464

Outstanding balance

174,953

194,569

Long- term debt

555,007

Available amount of loan facility

$ 60,000

Navios Joy

Debt Instrument [Line Items]

Amount released from escrow

$ 47,000

Navios Harmony

Debt Instrument [Line Items]

Amount released from escrow

$ 17,750

Navios Sun and Navios La Paix

Debt Instrument [Line Items]

Amount released from escrow

$ 33,429

Term Loan B Facility

Debt Instrument [Line Items]

Debt amount

$ 250,000

Interest rate description

LIBOR

Interest rate percentage

4.25%

Debt instrument term

5 years

Initial percentage of issuance of debt

98.00%

Interest percentage amortization rate of debt issued

1.00%

Amounts held in escrow, through Term Loan B proceeds used

$ 98,179

Number of vessels acquired

Unamortized discount

$ 5,000

Description of terms of credit facility

Five-year term with 1.0% amortization profile and was issued at 98.0% (at a discount of $5,000).

Term Loan B Facility Addition

Debt Instrument [Line Items]

Debt amount

$ 189,500

Initial percentage of issuance of debt

100.00%

Number of vessels acquired

Description of terms of credit facility

The add-on to the Term Loan B facility bears the same terms as Term Loan B facility and was issued at 100%. Navios Partners used the net proceeds to partially finance the acquisition of five Container vessels.

Term Loan B including addition

Debt Instrument [Line Items]

Amount outstanding

$ 386,292

411,292

Unamortized discount

1,970

Balloon payment on the last repayment date

386,292

Long term debt, net

384,322

Repayment of debt

$ 21,000

$ 25,000

Write-off of deferred finance fees

$ 256

$ 187

August 2012 Credit Facility

Debt Instrument [Line Items]

Repayment of debt

41,225

Write-off of deferred finance fees

707

July 2012 Credit Facility

Debt Instrument [Line Items]

Balloon payment on the last repayment date

58,223

Outstanding balance

72,046

Repayment of debt

$ 16,235

$ 2,346

$ 101,614

Write-off of deferred finance fees

$ 82

September 2014 Credit Facility

Debt Instrument [Line Items]

Credit facility

$ 56,000

Number of loan tranches

Outstanding balance

$ 0

Interest rate percentage

3.00%

Interest rate description

LIBOR plus 3,00%

Repayment of debt

21,312

Write-off of deferred finance fees

$ 340

$ 314

April 2015 Credit Facility

Debt Instrument [Line Items]

Credit facility

$ 164,000

Number of loan tranches

Balloon payment on the last repayment date

$ 38,431

Outstanding balance

$ 73,906

Repayment installments

Repayment frequency

quarterly

Repayment amount

$ 1,478

Interest rate percentage

2.75%

Interest rate description

LIBOR plus 2,75%

Cancellation of undrawn amount

$ 83,000

Final maturity date

Apr. 20,
2022

Navios Holdings Credit Facility

Debt Instrument [Line Items]

Credit facility

$ 60,000

Outstanding balance

$ 0

Interest rate percentage

3.00%

Interest rate description

LIBOR plus 3,00%

Amount drawn down

$ 21,000

Write-off of deferred finance fees

$ 600

Final maturity date

Jan. 2,
2017

June 2016 Credit Facility

Debt Instrument [Line Items]

Debt amount

$ 30,000

Interest rate percentage

4.00%

Interest rate description

LIBOR plus 4,00%

Amount drawn down

$ 29,000

Final maturity date

Jan. 30,
2017

Borrowings - Additional Informa

Borrowings - Additional Information (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2016USD ($)
Debt Instrument [Line Items]
Covenant compliance	As of June 30, 2016, Navios Partners was in compliance with the financial covenants of all of its credit facilities.
July 2012 Credit Facility, September 2014 Credit Facility and April 2015 Credit Facility
Debt Instrument [Line Items]
Restrictive covenants	The July 2012 Credit Facility, the September 2014 Credit Facility, the April 2015 Credit Facility and the June 2016 Credit Facility 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' (or its affiliates) ownership in Navios Partners of at least 15.0%; and subordinating the obligations under the credit facilities to any general and administrative costs relating to the vessels, including the fixed daily fee payable under the management agreement.
Description of violation or event of default	The July 2012 Credit Facility, the September 2014 Credit Facility, the April 2015 Credit Facility and the June 2016 Credit Facility also require compliance with a number of financial covenants, including: (i) maintain a required security amount ranging over 105% to 140%; (ii) minimum free consolidated liquidity of at least the higher of $25,000 and the aggregate of interest and principal falling due during the previous six months; (iii) maintain a ratio of EBITDA to interest expense of at least 2.00 : 1.00; (iv) maintain a ratio of total liabilities to total assets (as defined in our credit facilities) ranging of less than 0.75 or 0.80: 1.00; and (v) maintain a minimum net worth to $135,000 for the periods prior to any distributions by the Company, whilst during the last quarter prior to any distribution declaration should maintain: (a) a ratio of EBITDA to interest expense of at least 5.00 : 1.00; (b) a ratio of total liabilities to total assets (as defined in our credit facilities) of less than 0.65 : 1.00; and (c) a minimum net worth to $250,000. It is an event of default under the credit facilities if such covenants are not complied with in accordance with the terms and subject to the prepayment or cure provision of each facility.
Minimum net worth required for compliance	$ 135,000
Minimum free consolidated liquidity	25,000
July 2012 Credit Facility, September 2014 Credit Facility and April 2015 Credit Facility \| During the last quarter prior to any distribution declaration
Debt Instrument [Line Items]
Minimum net worth required for compliance	$ 250,000
Minimum \| July 2012 Credit Facility, September 2014 Credit Facility and April 2015 Credit Facility
Debt Instrument [Line Items]
Ratio of EBITDA to interest expense	200.00%
Security cover ratio	105.00%
Minimum \| July 2012 Credit Facility, September 2014 Credit Facility and April 2015 Credit Facility \| During the last quarter prior to any distribution declaration
Debt Instrument [Line Items]
Ratio of EBITDA to interest expense	500.00%
Minimum \| Term Loan B including addition
Debt Instrument [Line Items]
Loan to value ratio	80.00%
Minimum \| Navios Holdings
Debt Instrument [Line Items]
Ownership percentage of Navios Holdings	15.00%
Maximum \| July 2012 Credit Facility, September 2014 Credit Facility and April 2015 Credit Facility
Debt Instrument [Line Items]
Total Liabilities to Total Assets ratio	75.00%
Security cover ratio	140.00%
Maximum \| July 2012 Credit Facility, September 2014 Credit Facility and April 2015 Credit Facility \| During the last quarter prior to any distribution declaration
Debt Instrument [Line Items]
Total Liabilities to Total Assets ratio	65.00%

Fair Value of Financial Instr49

Fair Value of Financial Instruments (Table) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Fair Value of Financial Instruments [Abstract]
Cash and cash equivalents - Book Value	$ 25,327	$ 26,750	$ 26,841	$ 99,495
Cash and cash equivalents - Fair Value	25,327	26,750
Restricted cash - Book Value	1,572	7,789
Restricted cash - Fair Value	1,572	7,789
Loans receivable from affiliates - Book Value	1,971	1,521
Loans receivable from affiliates - Fair Value	1,971	1,521
Amounts due to related parties - Book Value	(7,352)	(8,680)
Amounts due to related parties - Fair Value	(7,352)	(8,860)
Term Loan B facility, net - Book Value	(381,417)	(404,977)
Term Loan B facility, net - Fair Value	(339,215)	(406,410)
Other long-term debt, net - Book Value	(173,590)	(193,102)
Other long-term debt, net - Fair Value	$ (174,953)	$ (194,569)

Fair Value of Financial Instr50

Fair Value of Financial Instruments - Fair Value Measurements on a recurring basis (Table) (Details) - USD ($) $ in Thousands		Jun. 30, 2016	Dec. 31, 2015
Fair Value Assets And Liabilities Measured On Recurring And Non-recurring Basis [Line Items]
Cash and cash equivalents		$ 25,327	$ 26,750
Restricted cash		1,572	7,789
Loans receivable from affiliates		1,971	1,521
Term Loan B facility, net		(339,215)	(406,410)
Other long-term debt, net		(174,953)	(194,569)
Level I
Fair Value Assets And Liabilities Measured On Recurring And Non-recurring Basis [Line Items]
Cash and cash equivalents		25,327	26,750
Restricted cash		1,572	7,789
Level II
Fair Value Assets And Liabilities Measured On Recurring And Non-recurring Basis [Line Items]
Loans receivable from affiliates		1,971	1,521
Term Loan B facility, net	[1]	(339,215)	(406,410)
Other long-term debt, net	[1]	$ (174,953)	$ (194,569)

[1]	The fair value of the Company's debt is estimated based currently available debt with similar contract terms, interest rate and remaining maturities as well as taking into account our creditworthiness.

Fair Value of Financial Instr51

Fair Value of Financial Instruments - Fair Value Measurements on a non-recurring basis (Table) (Details) $ in Thousands	Jun. 30, 2016USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Non-recurring Basis [Line Items]
Vessel held for sale	$ 125,000
Level II
Fair Value Assets And Liabilities Measured On Recurring And Non-recurring Basis [Line Items]
Vessel held for sale	$ 125,000

Issuance of Units (Details)

Issuance of Units (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	6 Months Ended
	Feb. 11, 2015	Jun. 30, 2016	Jun. 30, 2015
Class Of Stock [Line Items]
Proceeds from issuance of Common Limited partners units		$ 0	$ 72,090
Proceeds from issuance of common units, net of offering costs			72,090
Net proceeds from issuance of general partner units		$ 0	1,528
Proceeds from issuance of General partners units			$ 1,528
Common Unitholders
Class Of Stock [Line Items]
Partners Capital account units sold in public offering	4,000,000		5,720,547
Unit price	$ 13.09
Proceeds from issuance of Common Limited partners units	$ 52,360
Proceeds from issuance of common units, net of offering costs	50,120		$ 72,090
Offering costs	$ 216
Common Unitholders \| Overallotment Option
Class Of Stock [Line Items]
Partners Capital account units sold in public offering	600,000
Proceeds from issuance of Common Limited partners units	$ 7,854
Proceeds from issuance of common units, net of offering costs	$ 7,518
General Partner
Class Of Stock [Line Items]
Partners Capital account units sold in public offering	81,633
General Partner's capital account units sold in public offering			116,746
Net proceeds from issuance of general partner units	$ 1,069
Proceeds from issuance of General partners units			$ 1,528
General Partner \| Overallotment Option
Class Of Stock [Line Items]
General Partner's capital account units sold in public offering	12,245
Net proceeds from issuance of general partner units	$ 160
Navios Holdings
Class Of Stock [Line Items]
Proceeds from issuance of private placement	$ 14,967
Navios Holdings \| Common Unitholders
Class Of Stock [Line Items]
Unit price	$ 13.09
Common Limited Partner's capital account units sold in private placement	1,120,547
Navios Holdings \| General Partner
Class Of Stock [Line Items]
Unit price	$ 13.09
Common Limited Partner's capital account units sold in private placement	22,868
Navios Holdings
Class Of Stock [Line Items]
Ownership percentage of Navios Holdings	20.10%	20.10%
Navios GP L.L.C. general partner interest in Navios Partners		2.00%

Segment Information (Table) (De

Segment Information (Table) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenue	$ 44,877	$ 56,473	$ 90,518	$ 113,259
Asia
Revenue	29,289	36,318	56,520	74,502
Europe
Revenue	9,561	15,180	22,588	27,995
North America
Revenue	3,173	2,426	5,769	5,665
Australia
Revenue	$ 2,854	$ 2,549	$ 5,641	$ 5,097

Transactions with Related Par54

Transactions with Related Parties and Affiliates (Details) - USD ($)	2 Months Ended	3 Months Ended			5 Months Ended	6 Months Ended		12 Months Ended
	Feb. 28, 2016	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2015	May 31, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Related Party Transaction [Line Items]
Due to related parties		$ 7,352,000				$ 7,352,000		$ 8,680,000
Amount outstanding		386,292,000				386,292,000		411,292,000
Direct vessel expenses		1,526,000		$ 757,000		2,990,000	$ 1,294,000
Management fees		14,719,000		14,141,000		29,439,000	27,542,000
General and administrative expenses		2,611,000		1,949,000		5,099,000	3,824,000
Time charter and voyage revenues (includes related party revenue of $(3,135) and $1,171 for the three and six months ended June 30, 2016, respectively, and $7,723 and $14,133 for the three and six months ended June 30, 2015, respectively)		44,877,000		56,473,000		90,518,000	113,259,000
Outstanding balance		174,953,000				174,953,000		194,569,000
Available amount of loan facility		60,000,000				$ 60,000,000
May 2015 Credit Facility
Related Party Transaction [Line Items]
Credit facility					$ 60,000,000
Interest rate description						LIBOR plus 3,00%
Interest rate percentage					3.00%
Final maturity date						Jan. 2, 2017
Outstanding balance		0				$ 0
Navios Holdings
Related Party Transaction [Line Items]
General and administrative expenses		1,938,000	$ 1,505,000			3,875,000	3,105,000
Time charter and voyage revenues (includes related party revenue of $(3,135) and $1,171 for the three and six months ended June 30, 2016, respectively, and $7,723 and $14,133 for the three and six months ended June 30, 2015, respectively)		(3,135,000)		$ 7,723,000		1,171,000	$ 14,133,000
Navios Holdings \| Due to related party
Related Party Transaction [Line Items]
Due to related parties		7,352,000				7,352,000		8,680,000
Other receivables, net		337,000				337,000		1,763,000
Payables for drydock and special survey expenses		$ 7,689,000				$ 7,689,000		5,714,000
Management fees								1,203,000
Navios Apollon
Related Party Transaction [Line Items]
Vessel Year Built						2,000
Vessel type						Ultra-Handymax
Navios Prosperity
Related Party Transaction [Line Items]
Vessel Year Built						2,007
Vessel type						Panamax
Navios Libra
Related Party Transaction [Line Items]
Vessel Year Built						1,995
Vessel type						Panamax
Navios Felicity
Related Party Transaction [Line Items]
Vessel Year Built						1,997
Vessel type						Panamax
Navios Aldebaran
Related Party Transaction [Line Items]
Vessel Year Built						2,008
Vessel type						Panamax
Navios Hope
Related Party Transaction [Line Items]
Vessel Year Built						2,005
Vessel type						Panamax
Navios Pollux
Related Party Transaction [Line Items]
Vessel Year Built						2,009
Vessel type						Capesize
Navios Gemini
Related Party Transaction [Line Items]
Vessel Year Built						1,994
Vessel type						Panamax
Navios Hyperion
Related Party Transaction [Line Items]
Vessel Year Built						2,004
Vessel type						Panamax
Navios Soleil
Related Party Transaction [Line Items]
Vessel Year Built						2,009
Vessel type						Ultra-Handymax
Navios Harmony
Related Party Transaction [Line Items]
Vessel Year Built						2,006
Vessel type						Panamax
Navios Orbiter
Related Party Transaction [Line Items]
Vessel Year Built						2,004
Vessel type						Panamax
Navios Fantastiks
Related Party Transaction [Line Items]
Vessel Year Built						2,005
Vessel type						Capesize
Navios Alegria
Related Party Transaction [Line Items]
Vessel Year Built						2,004
Vessel type						Panamax
Navios Sun
Related Party Transaction [Line Items]
Vessel Year Built						2,005
Vessel type						Panamax
Ultra-Handymax Vessels
Related Party Transaction [Line Items]
Daily management fee	$ 4,100							4,000,000
Panamax Vessels
Related Party Transaction [Line Items]
Daily management fee	4,200							4,100,000
Capesize Vessels
Related Party Transaction [Line Items]
Daily management fee	5,250							5,100,000
Container Vessels of TEU 6,800
Related Party Transaction [Line Items]
Daily management fee	6,700							6,500,000
Container Vessels of more than TEU 8,000
Related Party Transaction [Line Items]
Daily management fee	7,400							7,200,000
Container Vessels of more than TEU 13,000
Related Party Transaction [Line Items]
Daily management fee	$ 8,750							$ 8,500,000
Charter hire agreement \| Navios Apollon
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Lease term						2 years
Date of agreement						Feb. 28, 2012
Charter hire agreement \| Navios Prosperity
Related Party Transaction [Line Items]
Charter hire daily rate						$ 12,000
Lease term						1 year
Date of agreement						May 31, 2012
Charter hire agreement \| Navios Libra
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 12,000
Lease term						3 years
Date of agreement						Sep. 30, 2012
Charter hire agreement \| Navios Felicity
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 12,000
Lease term						1 year
Date of agreement						May 31, 2013
Charter hire agreement \| Navios Aldebaran
Related Party Transaction [Line Items]
Charter hire daily rate						$ 11,000
Lease term						6 months
Date of agreement						May 31, 2013
Charter hire agreement \| Navios Hope
Related Party Transaction [Line Items]
Charter hire daily rate						$ 10,000
Lease term						1 year
Date of agreement						Jul. 31, 2013
Charter hire agreement \| Navios Pollux
Related Party Transaction [Line Items]
Lease term						1 month
Date of agreement						Jul. 31, 2013
Charter hire agreement \| Navios Gemini
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 7,600
Lease term						9 months
Date of agreement						Mar. 31, 2015
Charter hire agreement \| Navios Hyperion
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 12,000
Lease term						10 months
Date of agreement						Apr. 30, 2015
Charter hire agreement \| Navios Soleil
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 12,000
Lease term						10 months
Date of agreement						Apr. 30, 2015
Charter hire agreement \| Navios Harmony
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 12,000
Lease term						12 months
Date of agreement						Apr. 30, 2015
Charter hire agreement \| Navios Orbiter
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 12,000
Lease term						12 months
Date of agreement						Apr. 30, 2015
Charter hire agreement \| Navios Fantastiks
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 12,500
Lease term						10 months
Date of agreement						Apr. 30, 2015
Charter hire agreement \| Navios Alegria
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 12,000
Lease term						12 months
Date of agreement						Apr. 30, 2015
Charter hire agreement \| Navios Sun
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 12,000
Lease term						10 months
Date of agreement						Apr. 30, 2015
First year charter hire agreement \| Navios Apollon
Related Party Transaction [Line Items]
Charter hire daily rate						$ 12,500
Second year charter hire agreement \| Navios Apollon
Related Party Transaction [Line Items]
Charter hire daily rate						$ 13,500
Extended charter hire agreement \| Navios Apollon
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 13,500
Lease term						6 months
Date of agreement						Jan. 31, 2014
Extended charter hire agreement \| Navios Prosperity
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Lease term						1 year
Date of agreement						Apr. 30, 2014
Extended charter hire agreement \| Navios Libra
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 12,000
Lease term						1 year
Date of agreement						Apr. 30, 2015
Extended charter hire agreement \| Navios Felicity
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 12,000
Lease term						1 year
Date of agreement						Apr. 30, 2015
Extended charter hire agreement \| Navios Aldebaran
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 11,000
Date of agreement						Dec. 31, 2013
Extended charter hire agreement \| Navios Hope
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 10,000
Lease term						6 months
Date of agreement						Dec. 31, 2013
Extended charter hire agreement \| Navios Pollux
Related Party Transaction [Line Items]
Charter hire daily rate						$ 21,300
Lease term						3 months
Date of agreement						Aug. 31, 2014
Further extended charter hire agreement \| Navios Apollon
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 12,500
Lease term						1 year
Date of agreement						Oct. 31, 2014
Further extended charter hire agreement \| Navios Hope
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 10,000
Lease term						1 year
Date of agreement						Jan. 31, 2015
Further extended charter hire agreement \| Navios Pollux
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 11,400
Lease term						12 months
Date of agreement						Feb. 28, 2015
Further extended charter hire agreement \| Navios Apollon
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						50.00%
Charter hire daily rate						$ 12,500
Lease term						1 year
Date of agreement						Apr. 30, 2015
Further extended charter hire agreement \| Navios Aldebaran \| Minimum
Related Party Transaction [Line Items]
Lease term						6 months
Further extended charter hire agreement \| Navios Aldebaran \| Maximum
Related Party Transaction [Line Items]
Lease term						9 months
Novation agreement \| Navios Prosperity
Related Party Transaction [Line Items]
Date of agreement						Feb. 11, 2015
Novation agreement \| Navios Aldebaran
Related Party Transaction [Line Items]
Date of agreement						Feb. 11, 2015
First $1.50 profits above the base rate \| Charter hire agreement \| Navios Felicity
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						100.00%
First $1.50 profits above the base rate \| Extended charter hire agreement \| Navios Prosperity
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						100.00%
First $2.50 profits above the base rate \| Extended charter hire agreement \| Navios Aldebaran
Related Party Transaction [Line Items]
Profit sharing, Percentage allocation based on earnings						100.00%

Transactions with Related Par55

Transactions with Related Parties and Affiliates - Revolving Loans to Navios Europe and Others (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended	11 Months Ended
	Jun. 30, 2016	Jun. 30, 2016	Nov. 15, 2012	Dec. 31, 2015	Feb. 18, 2015	Dec. 18, 2013	Oct. 09, 2013
Long- term debt	$ 555,007	$ 555,007
Investment in affiliates	1,340	1,340		$ 1,315
Loans receivable from affiliates	1,971	1,971		$ 1,521
Available amount of loan facility	$ 60,000	$ 60,000
Common units outstanding	83,079,710	83,079,710		83,079,710
Navios Europe I
Ownership percentage	5.00%	5.00%					5.00%
Navios Europe II
Ownership percentage	5.00%	5.00%			5.00%
Navios Holdings
Common units outstanding	15,344,310	15,344,310
Common units interest percentage		18.10%
Navios GP L.L.C. general partner interest in Navios Partners		2.00%
Supplemental credit default insurance maximum cash payment			$ 20,000
Navios Revolving Loans II \| Navios Europe II \| Funding Commitment
Available amount of loan facility	$ 704	$ 704		$ 1,154
Navios Holdings
Other income/ (expense), net	2,276	$ 4,552
Navios Holdings \| Navios Europe I
Ownership percentage							47.50%
Navios Holdings \| Navios Europe II
Ownership percentage					47.50%
Navios Holdings, Navios Acquisition and Navios Partners \| Navios Revolving Loans I \| Navios Europe I
Revolving loan facility maximum borrowing capacity						$ 24,100
Preferred distribution percentage		12.70%
Available amount of loan facility	9,100	$ 9,100		9,100
Navios Holdings, Navios Acquisition and Navios Partners \| Navios Revolving Loans II \| Navios Europe II
Revolving loan facility maximum borrowing capacity					$ 38,500
Preferred distribution percentage		18.00%
Available amount of loan facility	14,075	$ 14,075		$ 23,075
Navios Holdings, Navios Acquisition and Navios Partners \| Navios Term Loans \| Navios Europe I
Long- term debt	10,000	10,000				$ 10,000
Navios Holdings, Navios Acquisition and Navios Partners \| Navios Term Loans II \| Navios Europe II
Long- term debt	14,000	14,000
Navios Acquisitions \| Navios Europe I
Ownership percentage							47.50%
Navios Acquisitions \| Navios Europe II
Ownership percentage					47.50%
Navios Europe I
Investment in affiliates	593	593
Navios Europe I \| Navios Revolving Loans I
Loans receivable from affiliates	750	750
Navios Europe I \| Navios Revolving Loans I \| Funding Commitment
Available amount of loan facility	455	455
Navios Europe I \| Navios Term Loans
Investment in affiliates	500	500
Navios Europe II
Investment in affiliates	746	746
Navios Europe II \| Navios Revolving Loans II
Loans receivable from affiliates	1,221	1,221
Navios Europe II \| Navios Term Loans II
Investment in affiliates	$ 700	$ 700

Investment In Navios Europe I56

Investment In Navios Europe I and Navios Europe II (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)	Feb. 18, 2015USD ($)	Dec. 18, 2013USD ($)	Oct. 09, 2013
Proceeds from long term debt			$ 29,000	$ 79,819
Debt Instrument Unamortized Discount	$ 1,970		1,970		$ 2,464
Long- term debt	555,007		555,007
Investment in affiliates	1,340		1,340		1,315
Portion of the carrying balance of related party loan	1,971		1,971		$ 1,521
Income	$ 92	$ 46	$ 164	99
Navios Europe I
Ownership percentage	5.00%		5.00%					5.00%
Number of vessels acquired							10
Navios Europe II
Ownership percentage	5.00%		5.00%			5.00%
Number of vessels acquired	14		14
Cash purchase price			$ 145,550
Junior Loan I \| Navios Europe I
Debt instrument face amount							$ 173,367
Debt instrument fair value	$ 70,930		70,930
Junior Loan II \| Navios Europe II
Debt instrument face amount	182,150		182,150
Debt instrument fair value	18,777		18,777
Navios Holdings \| Navios Europe I
Ownership percentage								47.50%
Navios Holdings \| Navios Europe II
Ownership percentage						47.50%
Navios Holdings, Navios Acquisition and Navios Partners \| Navios Revolving Loans I \| Navios Europe I
Revolving loan facility maximum borrowing capacity							24,100
Navios Holdings, Navios Acquisition and Navios Partners \| Navios Revolvings Loans II \| Navios Europe II
Revolving loan facility maximum borrowing capacity						$ 38,500
Navios Holdings, Navios Acquisition and Navios Partners \| Navios Term Loans \| Navios Europe I
Long- term debt	10,000		10,000				$ 10,000
Navios Holdings, Navios Acquisition and Navios Partners \| Navios Term Loans II \| Navios Europe II
Long- term debt	14,000		14,000
Navios Acquisitions \| Navios Europe I
Ownership percentage								47.50%
Navios Acquisitions \| Navios Europe II
Ownership percentage						47.50%
Navios Europe I
Estimated maximum potential loss			1,343
Investment in affiliates	593		593
Navios Europe I \| Navios Revolving Loans I
Portion of the carrying balance of related party loan	750		750
Navios Europe I \| Navios Term Loans
Investment in affiliates	500		500
Navios Europe II
Estimated maximum potential loss			1,967
Investment in affiliates	746		746
Navios Europe II \| Senior Loans II
Proceeds from long term debt			131,550
Debt Instrument Unamortized Discount	3,375		3,375
Navios Europe II \| Navios Revolvings Loans II
Portion of the carrying balance of related party loan	1,221		1,221
Navios Europe II \| Navios Term Loans II
Investment in affiliates	$ 700		700
Within caption "Other income/ (expense), net" \| Navios Europe I
Income			70	$ 22
Within caption "Other income/ (expense), net" \| Navios Europe II
Income			$ 68

Cash Distributions and Earnin57

Cash Distributions and Earnings per Unit - Percentage Interest in Distributions (Table) (Details)	6 Months Ended
	Jun. 30, 2016$ / shares
Total Quarterly Distribution Target Amount \| Minimum Quarterly Distribution \| Maximum
Distribution Made To Limited Partner [Line Items]
Distribution Per Unit	$ 0.35
Total Quarterly Distribution Target Amount \| First Target Distribution \| Maximum
Distribution Made To Limited Partner [Line Items]
Distribution Per Unit	0.4025
Total Quarterly Distribution Target Amount \| Second Target Distribution \| Minimum
Distribution Made To Limited Partner [Line Items]
Distribution Per Unit	0.4025
Total Quarterly Distribution Target Amount \| Second Target Distribution \| Maximum
Distribution Made To Limited Partner [Line Items]
Distribution Per Unit	0.4375
Total Quarterly Distribution Target Amount \| Third Target Distribution \| Minimum
Distribution Made To Limited Partner [Line Items]
Distribution Per Unit	0.4375
Total Quarterly Distribution Target Amount \| Third Target Distribution \| Maximum
Distribution Made To Limited Partner [Line Items]
Distribution Per Unit	0.525
Total Quarterly Distribution Target Amount \| Thereafter \| Minimum
Distribution Made To Limited Partner [Line Items]
Distribution Per Unit	$ 0.525
Common Unitholders \| Minimum Quarterly Distribution
Distribution Made To Limited Partner [Line Items]
Percentage allocations of the additional available cash	98.00%
Common Unitholders \| First Target Distribution
Distribution Made To Limited Partner [Line Items]
Percentage allocations of the additional available cash	98.00%
Common Unitholders \| Second Target Distribution
Distribution Made To Limited Partner [Line Items]
Percentage allocations of the additional available cash	85.00%
Common Unitholders \| Third Target Distribution
Distribution Made To Limited Partner [Line Items]
Percentage allocations of the additional available cash	75.00%
Common Unitholders \| Thereafter
Distribution Made To Limited Partner [Line Items]
Percentage allocations of the additional available cash	50.00%
General Partner \| Minimum Quarterly Distribution
Distribution Made To Limited Partner [Line Items]
Percentage allocations of the additional available cash	2.00%
General Partner \| First Target Distribution
Distribution Made To Limited Partner [Line Items]
Percentage allocations of the additional available cash	2.00%
General Partner \| Second Target Distribution
Distribution Made To Limited Partner [Line Items]
Percentage allocations of the additional available cash	15.00%
General Partner \| Third Target Distribution
Distribution Made To Limited Partner [Line Items]
Percentage allocations of the additional available cash	25.00%
General Partner \| Thereafter
Distribution Made To Limited Partner [Line Items]
Percentage allocations of the additional available cash	50.00%

Cash Distributions and Earnin58

Cash Distributions and Earnings per Unit (Table) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net (loss)/ income	$ (16,807)	$ 11,355	$ (16,598)	$ 22,234
Earnings attributable to:
Earnings per unit (basic and diluted):	$ (0.2)	$ 0.13	$ (0.2)	$ 0.25
Common unit holders
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net (loss)/ income	$ (16,470)	$ 10,555	$ (16,266)	$ 20,644
Weighted average units outstanding (basic and diluted)
Weighted average units outstanding (basic and diluted)	83,079,710	83,079,710	83,079,710	81,783,895
Earnings attributable to:
Earnings per unit (basic and diluted):	$ (0.2)	$ 0.13	$ (0.2)	$ 0.25
Earnings per unit - distributed (basic and diluted):	0	0.44	0	0.9
Loss per unit - undistributed (basic and diluted):	$ (0.2)	$ (0.31)	$ (0.2)	$ (0.65)

Cash Distributions and Earnin59

Cash Distributions and Earnings per Unit (Details)	6 Months Ended
Cash Distributions and Earnings per Unit (Details)	Jun. 30, 2016
Distribution Made To Limited Partner [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 units holders. The incentive distributions rights (held by the General Partner) apply only after a minimum quarterly distribution of $0.4025.
Description of loss allocation	Net loss per unit undistributed is determined by taking the distributions in excess of net income and allocating between common units and general partner units on a 98%-2% basis.
Common and subordinated units
Distribution Made To Limited Partner [Line Items]
Net loss allocated to each class of unit	98.00%
General Partner Units
Distribution Made To Limited Partner [Line Items]
Net loss allocated to each class of unit	2.00%

Other Income_ (Expense), Net (D

Other Income/ (Expense), Net (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended	11 Months Ended
	Jun. 30, 2016	Jun. 30, 2016	Nov. 15, 2012
Navios Holdings
Other income/ (expense), net	$ 2,276	$ 4,552
Navios Holdings \| Sale of defaulted counterparty claim
Other income/ (expense), net	$ 2,276	$ 4,552
Navios Holdings
Supplemental credit default insurance maximum cash payment			$ 20,000

Subsequent Events (Details)

Subsequent Events (Details) - Hyundai Merchant Marine Co., Ltd. ("HMM") - Subsequent Event - USD ($)	6 Months Ended	8 Months Ended
	Jul. 15, 2016	Aug. 31, 2016
Subsequent Event [Line Items]
Number of vessels	5
Vessel type	Container
Percentage of decrease of charter rate	20.00%
Principal amount of senior, unsecured loan notes	$ 7,692,000
Interest rate	3.00%
Maturity date	Jul. 31, 2024
Number of shares	3,657,000
Proceeds from sale of shares		$ 21,260,000
From July 18, 2016 until December 31, 2019
Subsequent Event [Line Items]
Future daily revenue from charter hire	$ 24,400
From January 1, 2020 and thereafter
Subsequent Event [Line Items]
Future daily revenue from charter hire	$ 30,500