2023 Q4 Form 20-F Financial Statement

#000119312524106923 Filed on April 23, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023 2022
Revenue $95.51M $360.6M $299.1M
YoY Change 19.54% 20.57% 61.95%
Cost Of Revenue $3.014M $14.92M $16.24M
YoY Change -21.08% -8.11% 51.77%
Gross Profit $92.50M $345.7M $282.8M
YoY Change 21.58% 22.21% 62.58%
Gross Profit Margin 96.84% 95.86% 94.57%
Selling, General & Admin $5.735M $13.45M $10.68M
YoY Change 42.8% 25.88% 23.31%
% of Gross Profit 6.2% 3.89% 3.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $22.21M $84.20M $69.27M
YoY Change 30.68% 21.55% 47.59%
% of Gross Profit 24.01% 24.36% 24.49%
Operating Expenses $48.50M $183.3M $147.4M
YoY Change 26.58% 24.37% 43.51%
Operating Profit $44.00M $162.3M $135.4M
YoY Change 16.5% 19.87% 90.07%
Interest Expense -$27.91M -$104.9M -$55.42M
YoY Change 51.47% 89.2% 175.33%
% of Operating Profit -63.42% -64.59% -40.92%
Other Income/Expense, Net $177.0K $1.230M -$1.855M
YoY Change -90.07% -166.31% -851.01%
Pretax Income $12.73M $47.21M $125.4M
YoY Change -39.74% -62.36% 27.75%
Income Tax
% Of Pretax Income
Net Earnings $12.50M $45.60M $119.6M
YoY Change -37.64% -61.87% 21.82%
Net Earnings / Revenue 13.09% 12.65% 39.99%
Basic Earnings Per Share $2.15 $6.19
Diluted Earnings Per Share $0.48 $2.15 $6.19
COMMON SHARES
Basic Shares Outstanding 55.04M shares 21.18B shares 19.33B shares
Diluted Shares Outstanding 21.18B shares 19.33B shares

Balance Sheet

Concept 2023 Q4 2023 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $192.4M $192.4M $144.6M
YoY Change 33.04% 33.04% 609.93%
Cash & Equivalents $192.4M $192.4M $144.6M
Short-Term Investments
Other Short-Term Assets $33.08M $33.08M $7.534M
YoY Change 339.1% 339.1% 55.82%
Inventory $5.553M $5.553M $6.817M
Prepaid Expenses
Receivables $3.519M $3.519M $5.738M
Other Receivables $914.0K $914.0K $1.599M
Total Short-Term Assets $225.5M $225.5M $166.3M
YoY Change 35.58% 35.58% 341.36%
LONG-TERM ASSETS
Property, Plant & Equipment $2.807B $2.807B $1.782B
YoY Change 57.51% 57.51% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $108.1M $108.1M $48.54M
YoY Change 122.71% 122.71% -26.03%
Total Long-Term Assets $2.915B $2.915B $1.830B
YoY Change 59.24% 59.24% -0.92%
TOTAL ASSETS
Total Short-Term Assets $225.5M $225.5M $166.3M
Total Long-Term Assets $2.915B $2.915B $1.830B
Total Assets $3.140B $3.140B $1.997B
YoY Change 57.27% 57.27% 5.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.42M $14.42M $8.322M
YoY Change 73.23% 73.23% -15.28%
Accrued Expenses $28.55M $28.55M $17.48M
YoY Change 63.38% 63.38% 53.37%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $103.1M $103.1M $73.21M
YoY Change 40.84% 40.84% -25.2%
Total Short-Term Liabilities $183.9M $183.9M $118.6M
YoY Change 55.11% 55.11% -9.34%
LONG-TERM LIABILITIES
Long-Term Debt $1.672B $1.672B $1.216B
YoY Change 37.53% 37.53% 0.39%
Other Long-Term Liabilities $109.3M $109.3M $23.89M
YoY Change 357.28% 357.28% 34.15%
Total Long-Term Liabilities $1.781B $1.781B $1.240B
YoY Change 43.69% 43.69% 0.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $183.9M $183.9M $118.6M
Total Long-Term Liabilities $1.781B $1.781B $1.240B
Total Liabilities $1.965B $1.965B $1.358B
YoY Change 44.69% 44.69% -0.1%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.939M
YoY Change 107.45%
Treasury Stock Shares
Shareholders Equity $1.175B $1.175B $638.4M
YoY Change
Total Liabilities & Shareholders Equity $3.140B $3.140B $1.997B
YoY Change 57.27% 57.27% 5.92%

Cashflow Statement

Concept 2023 Q4 2023 2022
OPERATING ACTIVITIES
Net Income $12.50M $45.60M $119.6M
YoY Change -37.64% -61.87% 21.82%
Depreciation, Depletion And Amortization $22.21M $84.20M $69.27M
YoY Change 30.68% 21.55% 47.59%
Cash From Operating Activities $58.58M $189.4M $172.6M
YoY Change 66.94% 9.74% 55.24%
INVESTING ACTIVITIES
Capital Expenditures $832.0K $467.6M $117.2M
YoY Change -99.27% 298.89% -131.85%
Acquisitions
YoY Change
Other Investing Activities -$449.3M -$447.1M $103.1M
YoY Change -7588.2% -533.55% -46.58%
Cash From Investing Activities $17.55M -$447.1M -$14.11M
YoY Change -116.14% 3068.84% -91.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$5.911M
YoY Change 31.38%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 19.54M 307.0M -35.09M
YoY Change -75.85% -974.9% -186.53%
NET CHANGE
Cash From Operating Activities 58.58M 189.4M 172.6M
Cash From Investing Activities 17.55M -447.1M -14.11M
Cash From Financing Activities 19.54M 307.0M -35.09M
Net Change In Cash 95.66M 49.30M 123.4M
YoY Change 1218.02% -60.04% -628.37%
FREE CASH FLOW
Cash From Operating Activities $58.58M $189.4M $172.6M
Capital Expenditures $832.0K $467.6M $117.2M
Free Cash Flow $57.75M -$278.3M $55.34M
YoY Change -172.53% -602.86% -88.45%

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CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21182471000 shares
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21182471000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19325030000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19325030000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18342413000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18342413000 shares
CY2023 us-gaap Net Income Loss
NetIncomeLoss
47208000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
125421000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
98178000 usd
CY2023 us-gaap Gain Loss On Foreign Currency Fair Value Hedge Derivatives
GainLossOnForeignCurrencyFairValueHedgeDerivatives
3180000 usd
CY2022 us-gaap Gain Loss On Foreign Currency Fair Value Hedge Derivatives
GainLossOnForeignCurrencyFairValueHedgeDerivatives
-4766000 usd
CY2021 us-gaap Gain Loss On Foreign Currency Fair Value Hedge Derivatives
GainLossOnForeignCurrencyFairValueHedgeDerivatives
0 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
50388000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
120655000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
98178000 usd
CY2020Q4 us-gaap Partners Capital
PartnersCapital
422078000 usd
CY2021 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
7613000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
98178000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2043000 usd
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
15277000 usd
CY2021 us-gaap Partners Capital Account Treasury Units Purchases
PartnersCapitalAccountTreasuryUnitsPurchases
4499000 usd
CY2021Q4 us-gaap Partners Capital
PartnersCapital
525464000 usd
CY2022 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
12155000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
125421000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3790000 usd
CY2022 cplp Partners Capital Account Treasury Units Reissued On Fair Value
PartnersCapitalAccountTreasuryUnitsReissuedOnFairValue
6583000 usd
CY2022 us-gaap Partners Capital Account Treasury Units Purchases
PartnersCapitalAccountTreasuryUnitsPurchases
5911000 usd
CY2022 us-gaap Gain Loss On Foreign Currency Fair Value Hedge Derivatives
GainLossOnForeignCurrencyFairValueHedgeDerivatives
-4766000 usd
CY2022Q4 us-gaap Partners Capital
PartnersCapital
638426000 usd
CY2023 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
12242000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
47208000 usd
CY2023 us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
498687000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3786000 usd
CY2023 us-gaap Partners Capital Account Treasury Units Purchases
PartnersCapitalAccountTreasuryUnitsPurchases
4112000 usd
CY2023 us-gaap Gain Loss On Foreign Currency Fair Value Hedge Derivatives
GainLossOnForeignCurrencyFairValueHedgeDerivatives
3180000 usd
CY2023Q4 us-gaap Partners Capital
PartnersCapital
1174933000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
47208000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
125421000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
98178000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
84199000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
69272000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
46935000 usd
CY2023 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-11497000 usd
CY2022 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-0 usd
CY2021 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-0 usd
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-0 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
47275000 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
46812000 usd
CY2023 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2775000 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2766000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3122000 usd
CY2023 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
891000 usd
CY2022 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
12010000 usd
CY2021 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
7287000 usd
CY2023 cplp Amortization Of Ineffective Portion Of Derivatives
AmortizationOfIneffectivePortionOfDerivatives
260000 usd
CY2022 cplp Amortization Of Ineffective Portion Of Derivatives
AmortizationOfIneffectivePortionOfDerivatives
-0 usd
CY2021 cplp Amortization Of Ineffective Portion Of Derivatives
AmortizationOfIneffectivePortionOfDerivatives
-0 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
3786000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
3790000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
2043000 usd
CY2023 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
5529000 usd
CY2022 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-10959000 usd
CY2021 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-3167000 usd
CY2023 cplp Unrealized Gain Loss From Exchange Difference Of Bonds
UnrealizedGainLossFromExchangeDifferenceOfBonds
-6018000 usd
CY2022 cplp Unrealized Gain Loss From Exchange Difference Of Bonds
UnrealizedGainLossFromExchangeDifferenceOfBonds
10896000 usd
CY2021 cplp Unrealized Gain Loss From Exchange Difference Of Bonds
UnrealizedGainLossFromExchangeDifferenceOfBonds
3374000 usd
CY2023 cplp Unrealized Gain From Exchange Difference Of Cash Cash Equivalents And Restricted Cash
UnrealizedGainFromExchangeDifferenceOfCashCashEquivalentsAndRestrictedCash
-0 usd
CY2022 cplp Unrealized Gain From Exchange Difference Of Cash Cash Equivalents And Restricted Cash
UnrealizedGainFromExchangeDifferenceOfCashCashEquivalentsAndRestrictedCash
493000 usd
CY2021 cplp Unrealized Gain From Exchange Difference Of Cash Cash Equivalents And Restricted Cash
UnrealizedGainFromExchangeDifferenceOfCashCashEquivalentsAndRestrictedCash
-0 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1015000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3923000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3170000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1574000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3768000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
201000 usd
CY2023 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
-1789000 usd
CY2022 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
3636000 usd
CY2021 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
-0 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1106000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1808000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1481000 usd
CY2023 cplp Increase Decrease In Claims
IncreaseDecreaseInClaims
-685000 usd
CY2022 cplp Increase Decrease In Claims
IncreaseDecreaseInClaims
157000 usd
CY2021 cplp Increase Decrease In Claims
IncreaseDecreaseInClaims
696000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
4166000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
380000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
493000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-252000 usd
CY2023 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
4963000 usd
CY2022 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
-1769000 usd
CY2021 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
-472000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
5100000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
4215000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2687000 usd
CY2023 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
23400000 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
9634000 usd
CY2021 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
6098000 usd
CY2023 cplp Drydocking Costs
DrydockingCosts
-2978000 usd
CY2022 cplp Drydocking Costs
DrydockingCosts
0 usd
CY2021 cplp Drydocking Costs
DrydockingCosts
-1895000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
189375000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
172568000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
111164000 usd
CY2023 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
467632000 usd
CY2022 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
117233000 usd
CY2021 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
368096000 usd
CY2023 cplp Cash Out Flow Related Party Advances For Vessels Under Construction
CashOutFlowRelatedPartyAdvancesForVesselsUnderConstruction
0 usd
CY2022 cplp Cash Out Flow Related Party Advances For Vessels Under Construction
CashOutFlowRelatedPartyAdvancesForVesselsUnderConstruction
-24000000 usd
CY2021 cplp Cash Out Flow Related Party Advances For Vessels Under Construction
CashOutFlowRelatedPartyAdvancesForVesselsUnderConstruction
0 usd
CY2023 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
20540000 usd
CY2022 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
127124000 usd
CY2021 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
193031000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-447092000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-14109000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-175065000 usd
CY2023 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
392000000 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
206276000 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
204266000 usd
CY2023 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3841000 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4347000 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
6131000 usd
CY2023 us-gaap Repayments Of Debt
RepaymentsOfDebt
109786000 usd
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
218954000 usd
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
145471000 usd
CY2023 us-gaap Proceeds From Other Equity
ProceedsFromOtherEquity
45817000 usd
CY2022 us-gaap Proceeds From Other Equity
ProceedsFromOtherEquity
0 usd
CY2021 us-gaap Proceeds From Other Equity
ProceedsFromOtherEquity
0 usd
CY2023 cplp Rights Offering Costs Paid
RightsOfferingCostsPaid
824000 usd
CY2023 cplp Payments For Repurchase Of Common Units
PaymentsForRepurchaseOfCommonUnits
4112000 usd
CY2022 cplp Payments For Repurchase Of Common Units
PaymentsForRepurchaseOfCommonUnits
5911000 usd
CY2021 cplp Payments For Repurchase Of Common Units
PaymentsForRepurchaseOfCommonUnits
4499000 usd
CY2023 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
12242000 usd
CY2022 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
12155000 usd
CY2021 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
7613000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
307012000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-35091000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
40552000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
49295000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
123368000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-23349000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
154848000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30987000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54336000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
204143000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
154848000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30987000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
98606000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
49179000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
15750000 usd
CY2023 cplp Capitalized Vessel Costs Included In Liabilities
CapitalizedVesselCostsIncludedInLiabilities
6684000 usd
CY2022 cplp Capitalized Vessel Costs Included In Liabilities
CapitalizedVesselCostsIncludedInLiabilities
1663000 usd
CY2021 cplp Capitalized Vessel Costs Included In Liabilities
CapitalizedVesselCostsIncludedInLiabilities
1008000 usd
CY2023 cplp Capitalized Dry Docking Included In Liabilities
CapitalizedDryDockingIncludedInLiabilities
4149000 usd
CY2022 cplp Capitalized Dry Docking Included In Liabilities
CapitalizedDryDockingIncludedInLiabilities
29000 usd
CY2021 cplp Capitalized Dry Docking Included In Liabilities
CapitalizedDryDockingIncludedInLiabilities
123000 usd
CY2023 cplp Debt Issuance Costs Not Yet Paid
DebtIssuanceCostsNotYetPaid
1934000 usd
CY2022 cplp Debt Issuance Costs Not Yet Paid
DebtIssuanceCostsNotYetPaid
220000 usd
CY2021 cplp Debt Issuance Costs Not Yet Paid
DebtIssuanceCostsNotYetPaid
112000 usd
CY2023 cplp Expenses For Sale Of Vessel Included Liabilities
ExpensesForSaleOfVesselIncludedLiabilities
440000 usd
CY2022 cplp Expenses For Sale Of Vessel Included Liabilities
ExpensesForSaleOfVesselIncludedLiabilities
1300000 usd
CY2021 cplp Expenses For Sale Of Vessel Included Liabilities
ExpensesForSaleOfVesselIncludedLiabilities
1984000 usd
CY2023 cplp Sellers Credit Agreement
SellersCreditAgreement
0 usd
CY2022 cplp Sellers Credit Agreement
SellersCreditAgreement
0 usd
CY2021 cplp Sellers Credit Agreement
SellersCreditAgreement
16000000 usd
CY2023 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
196317000 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 usd
CY2021 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
866344000 usd
CY2023 cplp Noncash Or Part Noncash Issuance Of Common Units
NoncashOrPartNoncashIssuanceOfCommonUnits
0 usd
CY2022 cplp Noncash Or Part Noncash Issuance Of Common Units
NoncashOrPartNoncashIssuanceOfCommonUnits
0 usd
CY2021 cplp Noncash Or Part Noncash Issuance Of Common Units
NoncashOrPartNoncashIssuanceOfCommonUnits
15277000 usd
CY2023 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
279783000 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
0 usd
CY2021 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
0 usd
CY2023 cplp Noncash Advances For Vessels Under Construction
NoncashAdvancesForVesselsUnderConstruction
174400000 usd
CY2022 cplp Noncash Advances For Vessels Under Construction
NoncashAdvancesForVesselsUnderConstruction
0 usd
CY2021 cplp Noncash Advances For Vessels Under Construction
NoncashAdvancesForVesselsUnderConstruction
0 usd
CY2023 us-gaap Partners Capital Account Treasury Units Reissued
PartnersCapitalAccountTreasuryUnitsReissued
0 usd
CY2022 us-gaap Partners Capital Account Treasury Units Reissued
PartnersCapitalAccountTreasuryUnitsReissued
6583000 usd
CY2021 us-gaap Partners Capital Account Treasury Units Reissued
PartnersCapitalAccountTreasuryUnitsReissued
0 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
192422000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
144635000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
20373000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
11721000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
10213000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
10614000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
204143000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
154848000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30987000 usd
CY2023 us-gaap Limited Liability Company Or Limited Partnership Business Formation Date
LimitedLiabilityCompanyOrLimitedPartnershipBusinessFormationDate
2007-01-16
CY2023Q4 cplp Number Of Vessels
NumberOfVessels
23 pure
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84A_eus-gaap--UseOfEstimates_zKsVpeJKmgX3" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b><i>(b)<span style="font-family: Times New Roman, Times, Serif"> </span><span id="xdx_868_zSGANJLpB0k1">Use of Estimates</span>: </i></b>The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the amounts of revenues and expenses recognized during the reporting period. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p>
CY2023 cplp Maximum Original Maturity Of Highly Liquid Investments Classification Cash And Cash Equivalents
MaximumOriginalMaturityOfHighlyLiquidInvestmentsClassificationCashAndCashEquivalents
3 pure
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
192422000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
144635000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
11721000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
10213000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3117000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2102000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
920000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
5553000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
6817000 usd
CY2023 cplp Scrap Value Per Light Weight Ton
ScrapValuePerLightWeightTon
0.2
CY2023 us-gaap Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
<p id="xdx_847_eus-gaap--PropertyPlantAndEquipmentImpairment_zuPSRF8K6uOj" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>(k) <span id="xdx_86D_zVfQCGc3Okqi">Impairment of Vessels</span>: </i></b>An impairment loss on vessels is recognized when indicators of impairment are present and the carrying amount of the vessel is greater than its fair value and is determined not to be recoverable. In determining future benefits derived from use of the vessels, the Partnership performs an analysis of the anticipated undiscounted future net cash flows of the related vessel. If the carrying value of the asset, including any related intangible assets and liabilities, exceeds its undiscounted future net cash flows, the carrying value is reduced to its fair value. Various factors including future charter rates and vessel operating costs are included in this analysis.</span></p> <p style="font: 8.5pt/8.8pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Partnership has performed an undiscounted cash flow test as of December 31, 2023, and 2022, determining undiscounted projected net operating cash flows for each vessel for which an indication for impairment was present and compared them to the carrying amount of the vessels, and any related intangible assets and liabilities. In developing estimates of future cash flows, the Partnership made assumptions about future charter rates, utilization rates, vessel operating expenses, future dry-docking costs, the estimated remaining useful life of the vessels and their estimated residual value. These assumptions are based on historical trends as well as future expectations that are in line with the Partnership’s historical performance and expectations for the vessels’ utilization under the current deployment strategy. Based on these assumptions, the Partnership determined that the vessels held for use and their related intangible assets and liabilities were not impaired as of December 31, 2023 and 2022.</span></p> <p style="font: 8.5pt/8.7pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q4 us-gaap Deferred Costs
DeferredCosts
4714000 usd
CY2022Q4 us-gaap Deferred Costs
DeferredCosts
289000 usd
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 pure
CY2023 cplp Charter Revenues
CharterRevenues
360586000 usd
CY2022 cplp Charter Revenues
CharterRevenues
299071000 usd
CY2021 cplp Charter Revenues
CharterRevenues
184665000 usd
CY2022Q4 cplp Number Of Vessels
NumberOfVessels
20 pure
CY2023Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
402000 usd
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
3636000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
7979000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1016000 usd
CY2023 cplp Vessel Operating Expenses Related Party
VesselOperatingExpensesRelatedParty
10899000 usd
CY2022 cplp Vessel Operating Expenses Related Party
VesselOperatingExpensesRelatedParty
9172000 usd
CY2021 cplp Vessel Operating Expenses Related Party
VesselOperatingExpensesRelatedParty
5923000 usd
CY2023 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2564000 usd
CY2022 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2244000 usd
CY2021 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2013000 usd
CY2023 cplp Vessels Additions
VesselsAdditions
840662000 usd
CY2023Q4 cplp Increase Of Above Below Market Acquired Charters
IncreaseOfAboveBelowMarketAcquiredCharters
27662000 usd
CY2023Q4 cplp Amount Of Below Market Acquired Charters
AmountOfBelowMarketAcquiredCharters
94889000 usd
CY2023Q4 cplp Amount Of Above Market Acquired Charters
AmountOfAboveMarketAcquiredCharters
67227000 usd
CY2023 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
813000000 usd
CY2022 cplp Sale Price Memorandum Agreement
SalePriceMemorandumAgreement
130000000 usd
CY2022 cplp Property Plant And Equipment Net Book Value Of Disposals
PropertyPlantAndEquipmentNetBookValueOfDisposals
80533000 usd
CY2022 cplp Vessel Disposal Expenses
VesselDisposalExpenses
2192000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
47275000 usd
CY2023 cplp Amortization Of Above Market Acquired Charters
AmortizationOfAboveMarketAcquiredCharters
16158000 usd
CY2022 cplp Amortization Of Above Market Acquired Charters
AmortizationOfAboveMarketAcquiredCharters
16285000 usd
CY2023 cplp Accretion Of Below Market Lease
AccretionOfBelowMarketLease
15267000 usd
CY2022 cplp Accretion Of Below Market Lease
AccretionOfBelowMarketLease
4275000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
105911000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1787781000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1299220000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
12486000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
10142000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
1775295000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
1289078000 usd
CY2023Q4 cplp Long Term Debt Current Including Debt Issuance Costs Current
LongTermDebtCurrentIncludingDebtIssuanceCostsCurrent
-105911000 usd
CY2022Q4 cplp Long Term Debt Current Including Debt Issuance Costs Current
LongTermDebtCurrentIncludingDebtIssuanceCostsCurrent
-75438000 usd
CY2023Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
2795000 usd
CY2022Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
2225000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1672179000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1215865000 usd
CY2023 us-gaap Debt Instrument Covenant Compliance
DebtInstrumentCovenantCompliance
As of December 31, 2023 and 2022 the Partnership was in compliance with all financial covenants.
CY2023 us-gaap Interest Expense
InterestExpense
101769000 usd
CY2022 us-gaap Interest Expense
InterestExpense
52465000 usd
CY2021 us-gaap Interest Expense
InterestExpense
16586000 usd
CY2023 us-gaap Long Term Debt Weighted Average Interest Rate Over Time
LongTermDebtWeightedAverageInterestRateOverTime
0.064 pure
CY2022 us-gaap Long Term Debt Weighted Average Interest Rate Over Time
LongTermDebtWeightedAverageInterestRateOverTime
0.041 pure
CY2021 us-gaap Long Term Debt Weighted Average Interest Rate Over Time
LongTermDebtWeightedAverageInterestRateOverTime
0.029 pure
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
145175000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
271022000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
262921000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
393196000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
609556000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1787781000 usd
CY2023Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
6636000 usd
CY2023Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
7180000 usd
CY2022Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
13525000 usd
CY2023 us-gaap Maximum Length Of Time Foreign Currency Cash Flow Hedge
MaximumLengthOfTimeForeignCurrencyCashFlowHedge
P12M
CY2023Q4 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
1814000 usd
CY2023 cplp Schedule Of Derivative Instruments Gain Loss In Statement Of Financial Performance Text1 Block
ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceText1Block
<p id="xdx_89E_ecustom--ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceText1Block_zwfkRcBRRGq5" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="xdx_8BC_zCs1dazbtuZa" style="display: none">Derivative Instruments - Summary of Gain (Loss) on Change in Fair Value of Derivatives - Derivatives not Designated as Accounting Hedge</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 8.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</span><span style="font-size: 7pt">        </span><span style="font-size: 9pt"><b>Derivatives not designated as accounting hedges:</b></span></p> <p style="font: 8.5pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p> <table cellpadding="0" cellspacing="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td colspan="6" style="text-indent: 20pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>For the years ended December 31,</b></span></td></tr> <tr> <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <b>Amount of gain /(loss) recognized in other income / (expense), net</b></span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2023</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2022</b> </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2021</b></span></td></tr> <tr style="background-color: #CCECFF"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; width: 67%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Change in fair value of derivatives related to 2021 Bonds</span></td> <td style="text-align: right; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_98D_ecustom--IncreaseDecreaseInDerivativeFairValue_iN_pn3n3_di_c20230101__20231231__us-gaap--HedgingDesignationAxis__us-gaap--NondesignatedMember_zm1kuYiasRJj" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; width: 10%" title="Change in fair value of derivatives related to 2021 Bonds"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5,529</span></td> <td style="text-align: right; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_981_ecustom--IncreaseDecreaseInDerivativeFairValue_iN_pn3n3_di_c20220101__20221231__us-gaap--HedgingDesignationAxis__us-gaap--NondesignatedMember_zTzgd3I1xz9k" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; width: 10%" title="Change in fair value of derivatives related to 2021 Bonds"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(9,542) </span></td> <td style="text-align: right; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td id="xdx_986_ecustom--IncreaseDecreaseInDerivativeFairValue_iN_pn3n3_di_c20210101__20211231__us-gaap--HedgingDesignationAxis__us-gaap--NondesignatedMember_zV2gK3LtJzOl" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; width: 10%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3,167)</span></td></tr> <tr> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Realized interest expense of derivatives related to 2021 Bonds</span></td> <td style="text-align: right; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98C_ecustom--NetRealizedGainLossInDerivativesInstruments_iN_pn3n3_di_c20230101__20231231__us-gaap--HedgingDesignationAxis__us-gaap--NondesignatedMember_zjcRF6VJVNGb" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Realized interest expense of derivatives related to 2021 Bonds"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2,111)</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_981_ecustom--NetRealizedGainLossInDerivativesInstruments_iN_pn3n3_di_c20220101__20221231__us-gaap--HedgingDesignationAxis__us-gaap--NondesignatedMember_zXqXBdz6sFcd" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Realized interest expense of derivatives related to 2021 Bonds"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2,258) </span></td> <td style="text-align: right; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_983_ecustom--NetRealizedGainLossInDerivativesInstruments_iN_pn3n3_di_c20210101__20211231__us-gaap--HedgingDesignationAxis__us-gaap--NondesignatedMember_z05yZyz046Bi" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Realized interest expense of derivatives related to 2021 Bonds"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(374)</span></td></tr> <tr style="background-color: #CCECFF"> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Total gain/ (loss) recognized in other income / (expense), net</b></span></td> <td style="text-align: right; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td id="xdx_983_eus-gaap--DerivativeGainLossOnDerivativeNet_iN_pn3n3_di_c20230101__20231231__us-gaap--HedgingDesignationAxis__us-gaap--NondesignatedMember_z0zyZlc4GR54" style="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total gain/ (loss) recognized in other income / (expense), net"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>3,418</b></span></td> <td style="text-align: right; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td id="xdx_983_eus-gaap--DerivativeGainLossOnDerivativeNet_iN_pn3n3_di_c20220101__20221231__us-gaap--HedgingDesignationAxis__us-gaap--NondesignatedMember_zEwC6lQhfhX7" style="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total gain/ (loss) recognized in other income / (expense), net"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(11,800)</b> </span></td> <td style="text-align: right; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td id="xdx_989_eus-gaap--DerivativeGainLossOnDerivativeNet_iN_pn3n3_di_c20210101__20211231__us-gaap--HedgingDesignationAxis__us-gaap--NondesignatedMember_zLibdZ73VnGd" style="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(3,541)</b></span></td></tr> </table>
CY2023Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
544000 usd
CY2022Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
13525000 usd
CY2023Q4 cplp Accrued Loan Interest And Loan Fees
AccruedLoanInterestAndLoanFees
11136000 usd
CY2022Q4 cplp Accrued Loan Interest And Loan Fees
AccruedLoanInterestAndLoanFees
8139000 usd
CY2023Q4 cplp Accrued Operating Expenses
AccruedOperatingExpenses
10452000 usd
CY2022Q4 cplp Accrued Operating Expenses
AccruedOperatingExpenses
4746000 usd
CY2023Q4 cplp Accrued Capitalized Expenses
AccruedCapitalizedExpenses
2930000 usd
CY2022Q4 cplp Accrued Capitalized Expenses
AccruedCapitalizedExpenses
1246000 usd
CY2023Q4 cplp Accrued Voyage Expenses And Commissions
AccruedVoyageExpensesAndCommissions
2170000 usd
CY2022Q4 cplp Accrued Voyage Expenses And Commissions
AccruedVoyageExpensesAndCommissions
2003000 usd
CY2023Q4 cplp Accrued General And Administrative Expenses
AccruedGeneralAndAdministrativeExpenses
1865000 usd
CY2022Q4 cplp Accrued General And Administrative Expenses
AccruedGeneralAndAdministrativeExpenses
1342000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
28553000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
17476000 usd
CY2023 cplp Voyage Expenses And Vessel Operating Expenses Disclosure
VoyageExpensesAndVesselOperatingExpensesDisclosure
<p id="xdx_805_ecustom--VoyageExpensesAndVesselOperatingExpensesDisclosure_zwxG9qjyB35k" style="font: 8.5pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>11. <span id="xdx_82D_zWvdokfycBh5">Voyage Expenses and Vessel Operating Expenses</span></b></span></p> <p style="font: 8.5pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 8.5pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Voyage expenses and vessel operating expenses consist of the following:</span></p> <p id="xdx_898_ecustom--VoyageExpensesAndVesselOperatingExpensesTableTextBlock_zd4jw0pUn5p7" style="font: 8.5pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8BB_zSDaDXhAfwi8" style="display: none">Voyage expenses and vessel operating expenses</span></span></p> <p style="font: 8.5pt Times New Roman, Times, Serif; margin: 0"></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="white-space: nowrap; width: 65%"> </td> <td style="white-space: nowrap; text-align: center; width: 1%"> </td> <td id="xdx_49B_20230101__20231231_zbrefKwb7To1" style="white-space: nowrap; text-align: center; width: 10%"> </td> <td style="white-space: nowrap; text-align: center; width: 1%"> </td> <td style="white-space: nowrap; text-align: center; width: 1%"> </td> <td id="xdx_49A_20220101__20221231_zlwHKHZuDu6d" style="white-space: nowrap; text-align: center; width: 10%"> </td> <td style="white-space: nowrap; text-align: center; width: 1%"> </td> <td style="white-space: nowrap; text-align: center; width: 1%"> </td> <td id="xdx_49A_20210101__20211231_zRXK37SAPvh7" style="white-space: nowrap; text-align: center; width: 10%"> </td></tr> <tr> <td style="white-space: nowrap"> </td> <td colspan="8" style="white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>         For the years ended December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap"> </td> <td style="border-bottom: Black 0.5pt solid; text-align: left; white-space: nowrap"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2023</b></span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; text-align: left; white-space: nowrap"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2022</b></span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; text-align: left; white-space: nowrap"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2021</b></span></td></tr> <tr id="xdx_404_eus-gaap--OperatingExpensesAbstract_iB_zrDbdYofshr7" style="background-color: #CCEEFF"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Voyage expenses:</b></span></td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td> </td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td> </td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_403_ecustom--Commissions_pn3n3_maTVEzr38_maDEF_z8Tl6Wzs4Inc"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Commissions</span></td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6,781</span></td> <td> </td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6,134</span></td> <td> </td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,278</span></td></tr> <tr id="xdx_401_eus-gaap--FuelCosts_pn3n3_maTVEzr38_zzW9gogpWnvf" style="background-color: #CCEEFF"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Bunkers</span></td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5,418</span></td> <td> </td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,365</span></td> <td> </td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,204</span></td></tr> <tr id="xdx_404_ecustom--PortExpenses_pn3n3_maTVEzr38_zcG1x7Ebm8Jg"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Port expenses</span></td> <td style="text-align: left; white-space: nowrap"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,246</span></td> <td> </td> <td style="text-align: left; white-space: nowrap"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,819</span></td> <td> </td> <td style="text-align: left; white-space: nowrap"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,633</span></td></tr> <tr id="xdx_406_ecustom--OtherVoyageCostsAndExpenses_pn3n3_maTVEzr38_zqjdgMbht7r9" style="background-color: #CCEEFF"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other</span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">475</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">918</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">583</span></td></tr> <tr id="xdx_40D_ecustom--VoyageExpenses_iT_pn3n3_mtTVEzr38_zTOqBr6R0rT5"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Total</b></span></td> <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>14,920</b></span></td> <td> </td> <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>16,236</b></span></td> <td> </td> <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>10,698</b></span></td></tr> <tr id="xdx_401_eus-gaap--OperatingCostsAndExpensesAbstract_iB_zQCULhzFemRe" style="background-color: #CCEEFF"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Vessel operating expenses:</b></span></td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td> </td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td> </td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_40D_ecustom--CrewWagesAndRelatedCosts_pn3n3_maTVOEzF9Q_ze4uHrNTti3f"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Crew costs and related costs</span></td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">39,266</span></td> <td> </td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">34,385</span></td> <td> </td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">22,575</span></td></tr> <tr id="xdx_402_eus-gaap--OperatingInsuranceAndClaimsCostsProduction_pn3n3_maTVOEzF9Q_z9lyzbxavd01" style="background-color: #CCEEFF"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Insurance expense</span></td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6,529</span></td> <td> </td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5,261</span></td> <td> </td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,029</span></td></tr> <tr id="xdx_400_eus-gaap--CostOfPropertyRepairsAndMaintenance_pn3n3_maTVOEzF9Q_z0qF0vrWjbZf"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Spares, repairs, maintenance and other expenses</span></td> <td style="text-align: left; white-space: nowrap"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">13,871</span></td> <td> </td> <td style="text-align: left; white-space: nowrap"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">8,103</span></td> <td> </td> <td style="text-align: left; white-space: nowrap"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6,784</span></td></tr> <tr id="xdx_401_ecustom--StoresAndLubricants_pn3n3_maTVOEzF9Q_zTqnbg0Rr874" style="background-color: #CCEEFF"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Stores and lubricants</span></td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9,818</span></td> <td> </td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,512</span></td> <td> </td> <td style="white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5,288</span></td></tr> <tr id="xdx_405_eus-gaap--ProfessionalAndContractServicesExpense_pn3n3_maTVOEzF9Q_zrQvMBs1Zs84"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management fees (Note 4)</span></td> <td style="text-align: left; white-space: nowrap"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">11,337</span></td> <td> </td> <td style="text-align: left; white-space: nowrap"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9,610</span></td> <td> </td> <td style="text-align: left; white-space: nowrap"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6,295</span></td></tr> <tr id="xdx_404_eus-gaap--OtherCostAndExpenseOperating_pn3n3_maTVOEzF9Q_z8ZDzzZsVFha" style="background-color: #CCEEFF"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other operating expenses</span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,868</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,589</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,151</span></td></tr> <tr id="xdx_405_ecustom--TotalVesselOperatingExpenses_iT_pn3n3_mtTVOEzF9Q_z9aeNHB7lXOb"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Total</b></span></td> <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>85,689</b></span></td> <td> </td> <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>67,460</b></span></td> <td> </td> <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>$</b></span></td> <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>47,122</b></span></td></tr> </table> <p id="xdx_8AD_zxi0c9S5D4p6" style="font: 8.5pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 8.5pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span> </p> <p style="font: 8.5pt Times New Roman, Times, Serif; margin: 0"></p> <p style="font: 11pt/1pt Times New Roman, Times, Serif; margin: 0"></p> <p style="font: 8.5pt/17.65pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023 cplp Commissions
Commissions
6781000 usd
CY2022 cplp Commissions
Commissions
6134000 usd
CY2021 cplp Commissions
Commissions
4278000 usd
CY2023 us-gaap Fuel Costs
FuelCosts
5418000 usd
CY2022 us-gaap Fuel Costs
FuelCosts
7365000 usd
CY2021 us-gaap Fuel Costs
FuelCosts
4204000 usd
CY2023 cplp Port Expenses
PortExpenses
2246000 usd
CY2022 cplp Port Expenses
PortExpenses
1819000 usd
CY2021 cplp Port Expenses
PortExpenses
1633000 usd
CY2023 cplp Other Voyage Costs And Expenses
OtherVoyageCostsAndExpenses
475000 usd
CY2022 cplp Other Voyage Costs And Expenses
OtherVoyageCostsAndExpenses
918000 usd
CY2021 cplp Other Voyage Costs And Expenses
OtherVoyageCostsAndExpenses
583000 usd
CY2023 cplp Voyage Expenses
VoyageExpenses
14920000 usd
CY2022 cplp Voyage Expenses
VoyageExpenses
16236000 usd
CY2021 cplp Voyage Expenses
VoyageExpenses
10698000 usd
CY2023 cplp Crew Wages And Related Costs
CrewWagesAndRelatedCosts
39266000 usd
CY2022 cplp Crew Wages And Related Costs
CrewWagesAndRelatedCosts
34385000 usd
CY2021 cplp Crew Wages And Related Costs
CrewWagesAndRelatedCosts
22575000 usd
CY2023 us-gaap Operating Insurance And Claims Costs Production
OperatingInsuranceAndClaimsCostsProduction
6529000 usd
CY2022 us-gaap Operating Insurance And Claims Costs Production
OperatingInsuranceAndClaimsCostsProduction
5261000 usd
CY2021 us-gaap Operating Insurance And Claims Costs Production
OperatingInsuranceAndClaimsCostsProduction
4029000 usd
CY2023 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
13871000 usd
CY2022 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
8103000 usd
CY2021 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
6784000 usd
CY2023 cplp Stores And Lubricants
StoresAndLubricants
9818000 usd
CY2022 cplp Stores And Lubricants
StoresAndLubricants
7512000 usd
CY2021 cplp Stores And Lubricants
StoresAndLubricants
5288000 usd
CY2023 us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
11337000 usd
CY2022 us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
9610000 usd
CY2021 us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
6295000 usd
CY2023 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
4868000 usd
CY2022 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2589000 usd
CY2021 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2151000 usd
CY2023 cplp Total Vessel Operating Expenses
TotalVesselOperatingExpenses
85689000 usd
CY2022 cplp Total Vessel Operating Expenses
TotalVesselOperatingExpenses
67460000 usd
CY2021 cplp Total Vessel Operating Expenses
TotalVesselOperatingExpenses
47122000 usd
CY2023Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
0 usd
CY2022Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
0 usd
CY2023Q4 cplp Common Partnership Units Outstanding
CommonPartnershipUnitsOutstanding
55039143 shares
CY2022Q4 cplp Common Partnership Units Outstanding
CommonPartnershipUnitsOutstanding
20255707 shares
CY2023Q4 us-gaap General Partners Capital Account Units Outstanding
GeneralPartnersCapitalAccountUnitsOutstanding
348570 shares
CY2022Q4 us-gaap General Partners Capital Account Units Outstanding
GeneralPartnersCapitalAccountUnitsOutstanding
348570 shares
CY2023Q4 cplp Partners Capital Account Units Treasury Units Outstanding
PartnersCapitalAccountUnitsTreasuryUnitsOutstanding
870522 shares
CY2022Q4 cplp Partners Capital Account Units Treasury Units Outstanding
PartnersCapitalAccountUnitsTreasuryUnitsOutstanding
566239 shares
CY2023Q4 us-gaap Partners Capital Account Units
PartnersCapitalAccountUnits
56258235 shares
CY2022Q4 us-gaap Partners Capital Account Units
PartnersCapitalAccountUnits
21170516 shares
CY2023Q4 cplp Unvested Units Accrued Amount Of Distribution
UnvestedUnitsAccruedAmountOfDistribution
260000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
3786000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
3790000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
2043000 usd
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
3769000 usd
CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
0 shares
CY2021Q4 cplp Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedGrantDateFairValue
0 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
745769 shares
CY2022 cplp Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
11318000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
249902 shares
CY2022 cplp Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodGrantDateFairValue
-3790000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
495867 shares
CY2022Q4 cplp Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedGrantDateFairValue
7528000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
0 shares
CY2023 cplp Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
0 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
247933 shares
CY2023 cplp Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodGrantDateFairValue
-3759000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
247934 shares
CY2023Q4 cplp Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedGrantDateFairValue
3769000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
47208000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
125421000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
98178000 usd
CY2023 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
680000 usd
CY2022 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
2157000 usd
CY2021 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
1790000 usd
CY2023 cplp Net Income Allocated To Unvested Common Units
NetIncomeAllocatedToUnvestedCommonUnits
929000 usd
CY2022 cplp Net Income Allocated To Unvested Common Units
NetIncomeAllocatedToUnvestedCommonUnits
3662000 usd
CY2021 cplp Net Income Allocated To Unvested Common Units
NetIncomeAllocatedToUnvestedCommonUnits
2053000 usd
CY2023 cplp Net Income Loss Allocated To Common Unitholders
NetIncomeLossAllocatedToCommonUnitholders
45599000 usd
CY2022 cplp Net Income Loss Allocated To Common Unitholders
NetIncomeLossAllocatedToCommonUnitholders
119602000 usd
CY2021 cplp Net Income Loss Allocated To Common Unitholders
NetIncomeLossAllocatedToCommonUnitholders
94335000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21182471000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21182471000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19325030000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19325030000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18342413000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18342413000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.15
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.15
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.19
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.19
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.14
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.14
CY2023Q4 cplp Operating Leases Future Minimum Payments Receivable Current1
OperatingLeasesFutureMinimumPaymentsReceivableCurrent1
403278000 usd
CY2023Q4 cplp Operating Leases Future Minimum Payments Receivable In Two Years1
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears1
331377000 usd
CY2023Q4 cplp Operating Leases Future Minimum Payments Receivable In Three Years1
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears1
200151000 usd
CY2023Q4 cplp Operating Leases Future Minimum Payments Receivable In Four Years1
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears1
153803000 usd
CY2023Q4 cplp Operating Leases Future Minimum Payments Receivable In Five Years1
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears1
142781000 usd
CY2023Q4 cplp Operating Leases Future Minimum Payments Receivable Thereafter1
OperatingLeasesFutureMinimumPaymentsReceivableThereafter1
330378000 usd
CY2023Q4 cplp Operating Leases Future Minimum Payments Receivable1
OperatingLeasesFutureMinimumPaymentsReceivable1
1561768000 usd
CY2023Q4 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
1184700000 usd
CY2023Q4 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
126050000 usd
CY2023Q4 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
861550000 usd
CY2023Q4 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
307200000 usd
CY2023Q4 us-gaap Contractual Obligation
ContractualObligation
2479500000 usd
CY2023Q4 us-gaap Other Commitment
OtherCommitment
4000000 usd
CY2023Q4 us-gaap Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
0 usd
CY2023Q4 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
2000000 usd
CY2023Q4 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
1000000 usd
CY2023Q4 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
1000000 usd
CY2023Q4 us-gaap Other Commitment
OtherCommitment
4000000 usd

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0001193125-24-106923.txt Edgar Link pending
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cplp-20231231_pre.xml Edgar Link unprocessable
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