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<div style="margin-top:12.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>8. Partners' Equity: </b></font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Common Units Offering:</b></i> On June 18, 2014, the Partnership completed a follow on public offering of 5,520,000 common units, including the full exercise of the underwriters' over-allotment option to purchase up to 720,000 common units. The net proceeds from the offering amounted to $120.5 million, after deducting the underwriting discount of $4.7 million and offering expenses incurred of $0.6 million and were used to fund the acquisition of the <i>Arctic Aurora </i>(Note 3(c)). Simultaneously with the closing of this offering, the Partnership issued $5,526 General Partner units to the Sponsor to allow it to maintain its 0.1% general partner interest for which the Partnership received $126. No equity offerings occurred since then. </font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">As of June 30, 2015 and December 31, 2014, the Partnership had 20,505,000 common units, 14,985,000 subordinated units and 35,526 general partner units issued and outstanding.  </font></div> <div style="text-align:justify;margin-top:12.0px;text-indent:32.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Distributions: </b></i>The partnership agreement provides for minimum quarterly distributions of a specified dollar amount to the extent there is sufficient cash from operations after establishment of cash reserves and payment of fees and expenses, including payments to the General Partner. In general, the Partnership pays quarterly cash distributions in the following manner:</font></div> <div style="margin-left: 47.6px;margin-top:4.0px;text-indent:-22.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="margin-left: 47.6px;margin-top:4.0px;text-indent:-22.7px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">            <i>first</i>, 99.9% to the holders of common units and 0.1% to the General Partner, until each common unit has received a minimum quarterly distribution of a specified dollar amount plus any arrearages from prior quarters</font></div> <div style="margin-left: 48.9px;margin-top:4.0px;text-indent:-24.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">      <i>second</i>, 99.9% to the holders of subordinated units and 0.1% to the General Partner, until each subordinated unit has received a minimum quarterly distribution of a specified dollar amount; and</font></div> <div style="margin-left: 48.9px;text-indent:-24.0px;"><font style="font-family:Times New Roman;font-size:16.0px;color:#000000; "> </font></div> <div style="text-align:justify;margin-left: 48.0px;text-indent:-24.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">      <i>third</i>, 99.9% to all unitholders, pro rata, and 0.1% to the General Partner, until each unit has received an aggregate distribution of a specified dollar amount</font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> </b></font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Thereafter, the percentage allocations of the additional available cash from operating surplus among the unitholders, the General Partner and the holders of the incentive distribution rights up to the various target distribution levels are as follows: </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:211px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:175px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Total Quarterly<br/>Distribution Target<br/>Amount</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:61px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Unitholders</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>General<br/>Partner</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:41px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Holders<br/>of IDRs</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:211px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Minimum Quarterly Distribution</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:175px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$0.365</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">99.9</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">0.1</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">0.0</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:211px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">First Target Distribution</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:175px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">up to $0.420</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">99.9</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">0.1</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">0.0</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:211px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Second Target Distribution</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:175px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">above $0.420 up to $0.456</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">85.0</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">0.1</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">14.9</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:211px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Third Target Distribution</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:175px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Above $0.456 up to $0.548</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">75.0</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">0.1</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">24.9</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:211px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Thereafter</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:175px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">above $0.548</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">50.0</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">0.1</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">49.9</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> </tr> <tr> <td style="width:211px;"></td> <td style="width:1px;"></td> <td style="width:175px;"></td> <td style="width:1px;"></td> <td style="width:3px;"></td> <td style="width:58px;"></td> <td style="width:14px;"></td> <td style="width:1px;"></td> <td style="width:2px;"></td> <td style="width:39px;"></td> <td style="width:14px;"></td> <td style="width:1px;"></td> <td style="width:2px;"></td> <td style="width:39px;"></td> <td style="width:14px;"></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> </b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:37.3px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Under the partnership agreement, the holder of the incentive distribution rights in the Partnership, which is currently the General Partner, assuming that there are no cumulative arrearages on common unit distributions, has the right to receive an increasing percentage of cash distributions after the first target distribution.</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:37.3px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">On January 14, 2015, the Partnership's Board of Directors approved its increased over the previous quarter cash distribution for the fourth quarter of 2014 of $0.4225 per common and subordinated unit, or $15.0 million, which was paid on February 12, 2015 to all unitholders of record as of February 5, 2015. </font></div> <div style="text-align:justify;text-indent:37.3px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">On April 16, 2015 the Partnership's Board of Directors approved a quarterly cash distribution, for the quarter ended March 31, 2015 of $0.4225 per common and subordinated unit, or $15.0 million, which was paid on May 12, 2015, to all unitholders of record as of May 5, 2015.</font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">          During the six month periods ended June 30, 2015 and 2014, the Partnership paid to its' General Partner and holder of the incentive distribution rights in the Partnership an amount of $64 and $16, respectively.</font></div> <div style="text-align:justify;text-indent:0.0px;"></div>

<div style="text-align:justify;margin-top:13.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>2. Significant Accounting Policies and Recent Accounting Pronouncements: </b></font></div> <div style="text-align:justify;margin-top:12.0px;text-indent:32.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">A summary of the Partnership's significant accounting policies can be found in the Partnership's consolidated financial statements included in the Annual Report on Form 20-F for the year ended December 31, 2014, filed with the Securities and Exchange Commission on March 10, 2015. There have been no material changes to these policies in the six month period ended June 30, 2015. </font></div> <div style="text-align:justify;margin-top:12.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">During the six month periods ended June 30, 2015 and 2014, charterers that individually accounted for more than 10% of the Partnership's revenues were as follows: </font></div> <div style="line-height:1.15;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:center;margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:120px;height:21px;"><div style="text-align:center;margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Charterer</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>June 30, 2015</b></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:33px;"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:57px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>June 30, 2014</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:120px;height:13px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">A</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">44</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:18px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:33px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:39px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">36</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:18px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:120px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">B</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">37</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:33px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">63</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:120px;height:13px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:16.0px;color:#000000; ">C</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:36px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">19</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:18px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:33px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:39px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:18px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:120px;height:13px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:36px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>100</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:18px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:33px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:39px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>100</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:18px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>% </b></font></div></td> </tr> <tr> <td style="width:120px;"></td> <td style="width:19px;"></td> <td style="width:36px;"></td> <td style="width:18px;"></td> <td style="width:33px;"></td> <td style="width:39px;"></td> <td style="width:18px;"></td> </tr> </table> <div align="justify"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Recent Accounting Pronouncements:</b></font></div> <div style="text-align:justify;margin-top:13.0px;text-indent:29.3px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">ASU 2015-06: In April 2015, the FASB issued Accounting Standards Update (ASU) 2015-06, Effects of Historical Earnings per Unit of Master Limited Partnership Dropdown Transactions. The amendments in this Update specify that for purposes of calculating historical earnings per unit under the two-class method, the earnings (losses) of a transferred business before the date of a dropdown transaction should be allocated entirely to the general partner. In that circumstance, the previously reported earnings per unit of the limited partners (which is typically the earnings per unit measure presented in the financial statements) would not change as a result of the dropdown transaction. Qualitative disclosures about how the rights to the earnings (losses) differ before and after the dropdown transaction occurs for purposes of computing earnings per unit under the two-class method also are required. The amendments in this Update are effective for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. Earlier application is permitted. An entity should apply the new guidance on a retrospective basis. The adoption of this standards update is not expected to have a material effect on the Partnership's future or historical financial position, results of operations or cash flows, to the extent that no drop down of a transferred business occurs. </font></div> <div style="text-align:justify;margin-top:13.0px;text-indent:29.3px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">ASU 2015-03: In April 2015, the FASB issued Accounting Standards Update (ASU) 2015-03, Interest- Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. The Board issued this Update as part of its initiative to reduce complexity in accounting standards (the Simplification Initiative). The amendments in this Update require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this Update. For public business entities, the amendments in this Update are effective for financial statements issued for fiscal years beginning after December 15, 2015 and interim periods within those fiscal years. For all other entities, including emerging growth companies, the amendments in this Update are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within fiscal years beginning after December 15, 2016. Early application is permitted. The adoption of this standards update is not expected to have a material effect on the Partnership's future financial position.</font></div> <div style="text-align:justify;margin-top:13.0px;text-indent:29.3px;"></div>

<div style="text-align:justify;margin-top:13.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Recent Accounting Pronouncements:</b></font></div> <div style="text-align:justify;margin-top:13.0px;text-indent:29.3px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">ASU 2015-06: In April 2015, the FASB issued Accounting Standards Update (ASU) 2015-06, Effects of Historical Earnings per Unit of Master Limited Partnership Dropdown Transactions. The amendments in this Update specify that for purposes of calculating historical earnings per unit under the two-class method, the earnings (losses) of a transferred business before the date of a dropdown transaction should be allocated entirely to the general partner. In that circumstance, the previously reported earnings per unit of the limited partners (which is typically the earnings per unit measure presented in the financial statements) would not change as a result of the dropdown transaction. Qualitative disclosures about how the rights to the earnings (losses) differ before and after the dropdown transaction occurs for purposes of computing earnings per unit under the two-class method also are required. The amendments in this Update are effective for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. Earlier application is permitted. An entity should apply the new guidance on a retrospective basis. The adoption of this standards update is not expected to have a material effect on the Partnership's future or historical financial position, results of operations or cash flows, to the extent that no drop down of a transferred business occurs. </font></div> <div style="text-align:justify;margin-top:13.0px;text-indent:29.3px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">ASU 2015-03: In April 2015, the FASB issued Accounting Standards Update (ASU) 2015-03, Interest- Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. The Board issued this Update as part of its initiative to reduce complexity in accounting standards (the Simplification Initiative). The amendments in this Update require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this Update. For public business entities, the amendments in this Update are effective for financial statements issued for fiscal years beginning after December 15, 2015 and interim periods within those fiscal years. For all other entities, including emerging growth companies, the amendments in this Update are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within fiscal years beginning after December 15, 2016. Early application is permitted. The adoption of this standards update is not expected to have a material effect on the Partnership's future financial position.</font></div> <div style="text-align:justify;margin-top:13.0px;text-indent:29.3px;"></div>

<div style="text-align:center;margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:120px;height:21px;"><div style="text-align:center;margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Charterer</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:54px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>June 30, 2015</b></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:33px;"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:57px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>June 30, 2014</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:120px;height:13px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">A</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">44</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:18px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:33px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:39px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">36</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:18px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:120px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">B</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">37</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:33px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:39px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">63</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:18px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:120px;height:13px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:16.0px;color:#000000; ">C</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:36px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">19</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:18px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:33px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:39px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:18px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">%</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:120px;height:13px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:36px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>100</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:18px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">% </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:33px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:39px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>100</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:18px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>% </b></font></div></td> </tr> <tr> <td style="width:120px;"></td> <td style="width:19px;"></td> <td style="width:36px;"></td> <td style="width:18px;"></td> <td style="width:33px;"></td> <td style="width:39px;"></td> <td style="width:18px;"></td> </tr> </table> <div></div>

<div style="text-align:justify;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>11. Subsequent Events: </b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> </b></font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(a) On July 20, 2015, the Partnership, following the successful conclusion of an underwritten public offering, issued 3,000,000 9.00% Series A Cumulative Redeemable Preferred Units (the Series A Preferred Units), representing limited partner interests in the Partnership, at a liquidation preference of $25.00 per unit. Distributions on the Series A Preferred Units will be payable quarterly on February 12, May 12, August 12 and November 12, commencing November 12, 2015, subject to the discretion of the Partnership's Board of Directors, at a distribution rate of $9.00% per annum of the stated liquidation preference. The Partnership received from this offering $72.6 million, net of underwriting discount, and plans to use those proceeds to finance the acquisition of one of the optional vessels owned by its Sponsor. If the Partnership is unable to complete an optional vessel acquisition, it will use the net proceeds of this offering for general partnership purposes, including working capital. </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(b) On July 22, 2015 the Partnership's Board of Directors approved a quarterly cash distribution, for the quarter ended June 30, 2015 of $0.4225 per common and subordinated unit, or $15.0 million, which was paid on August 13, 2015, to all unitholders of record as of August 6, 2015.  </font></div> <div style="text-align:justify;text-indent:0.0px;"></div>

<div style="margin-top:18.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>4. Vessels, net: </b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> </b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The amounts in the accompanying consolidated balance sheets are analyzed as follows:</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> </b></font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:214px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="3" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:73px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Vessel<br/>Cost</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:80px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Accumulated<br/>Depreciation</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:66px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Net Book<br/>Value</b></font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:214px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;"><div style="text-indent:0.0px;"> </div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:66px;"><div style="text-indent:0.0px;"> </div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:66px;"><div style="text-indent:0.0px;"> </div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:214px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;"><div style="text-indent:0.0px;"> </div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:66px;"><div style="text-indent:0.0px;"> </div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:66px;"><div style="text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:214px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance December 31, 2014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>944,984</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:66px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(105,101)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:66px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>839,883</b></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:33px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:214px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Depreciation</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:10px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:62px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:2px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:66px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(12,003)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:66px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(12,003)</b></font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:214px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Balance June 30, 2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:10px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:62px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>944,984</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:2px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:66px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(117,104)</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:26px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:66px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>827,880</b></font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:33px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:214px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;"><div style="text-indent:0.0px;"> </div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:2px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:66px;"><div style="text-indent:0.0px;"> </div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:14px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:26px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:66px;"><div style="text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:33px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td style="width:214px;"></td> <td style="width:1px;"></td> <td style="width:10px;"></td> <td style="width:62px;"></td> <td style="width:0px;"></td> <td style="width:1px;"></td> <td style="width:19px;"></td> <td style="width:13px;"></td> <td style="width:66px;"></td> <td style="width:8px;"></td> <td style="width:14px;"></td> <td style="width:26px;"></td> <td style="width:66px;"></td> <td style="width:33px;"></td> </tr> </table> <div align="justify"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Effective October 1, 2014, the Partnership revised its' scrap rate estimate, used to calculate the value of scrap steel for the purpose of estimating the residual values of vessels, from an average fleet scrap rate of $0.717 per lightweight ton (or a vessel specific of 12% of the initial vessel cost) to $0.685 per lightweight ton per LNG carrier.  The effect of this change in the six month period ended June 30, 2015 was to increase depreciation expense by $75 and is further expected to increase the expected annual depreciation expense by $152.  </font></div> <div style="text-align:justify;margin-top:9.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">As of June 30, 2015, apart from the <i>Yenisei River, </i>the remainder of the Partnership's fleet was first priority mortgaged as collateral to secure the $340.0 million Credit Suisse Revolving Credit Facility discussed in Note 5.</font></div> <div style="text-align:justify;margin-top:9.0px;text-indent:0.0px;"></div>

<div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>5. Long-Term Debt:</b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> </b></font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The amounts shown in the accompanying consolidated balance sheets are analyzed as follows: </font></div> <div style="text-align:justify;margin-bottom:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:209px;"><div style="text-align:justify;margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Debt instruments</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:206px;"><div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Borrowers-Issuers</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>June 30,  2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:92px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>December 31, 2014</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:209px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:206px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:209px;background-color:#daeef3"><div style="text-align:justify;margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$340.0 million Credit Facility</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:206px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Pegasus-Lance-Seacrown-Fareastern</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">315,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">325,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:209px;"><div style="text-align:justify;margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$250.0 million Senior Unsecured Notes</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:206px;"><div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Dynagas LNG Partners LP - Dynagas Finance Inc. </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:10px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">250,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">250,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:209px;background-color:#daeef3"><div style="text-align:justify;margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:206px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:10px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>565,000</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:13px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>575,000</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:209px;"><div style="text-align:justify;margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Less current portion</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:206px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>20,000</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>20,000</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:209px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:206px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:10px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:209px;background-color:#daeef3"><div style="text-align:justify;margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Long-term portion</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:206px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:10px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>545,000</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>555,000</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> </tr> <tr> <td style="width:209px;"></td> <td style="width:1px;"></td> <td style="width:206px;"></td> <td style="width:2px;"></td> <td style="width:10px;"></td> <td style="width:59px;"></td> <td style="width:1px;"></td> <td style="width:1px;"></td> <td style="width:13px;"></td> <td style="width:78px;"></td> <td style="width:1px;"></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> </b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:14.7px;color:#000000;" dir="rtl"> </font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">On June 19, 2014, certain subsidiaries of the Partnership entered, on a joint and several basis, into a Senior Secured Revolving Credit Facility (the $340 million Credit Facility) with an affiliate of Credit Suisse for $340.0 million to refinance the $214.1 million debt outstanding at that time under a previous revolving credit facility and to fund a portion of the purchase price for the <i>Arctic Aurora </i>acquisition (Note 3(c)). The $340 million Credit Facility is guaranteed by the Partnership, Dynagas Equity Holding Ltd. and Dynagas Operating LP and is secured by a first priority or preferred cross-collateralized mortgage on each of the <i>Amur River</i>, the <i>OB River</i>, the <i>Clean Energy</i> and the <i>Arctic Aurora</i>, a specific assignment of the existing charters and a first assignment of earnings and insurances in relation to the vessels. </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The facility bears interest at LIBOR plus a margin and is payable in 28 consecutive equal quarterly installments of $5.0 million each and a balloon payment of $200.0 million at maturity in March 2021. </font></div> <div style="text-align:justify;margin-top:9.0px;text-indent:32.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">On September 15, 2014 the Partnership completed a public offering of $250.0 million aggregate principal amount Senior Unsecured Notes offering due October 30, 2019 (the Notes) with the purpose of funding the majority of the purchase price related to the <i>Yenisei River </i>acquisition (Note 3(c)). </font></div> <div style="text-align:justify;margin-top:9.0px;text-indent:32.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The Notes bear interest from the date of the original issue until maturity at a rate of 6.25% per year, payable quarterly in arrears on January 30, April 30, July 30 and October 30 of each year. As per the provisions of the Notes and the Indenture, the Partnership may issue from time to time, unlimited as to principal amount senior unsecured debentures, to be issued in one or more series. The Notes are unsubordinated unsecured obligations of the Partnership and are not redeemable at its option prior to maturity. </font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:29.3px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The $340 million Credit Facility and Notes contain financial and other covenants that require, amongst others, the Partnership to maintain aggregate free liquidity (which includes the minimum liquidity restriction imposed under the Notes) of at least $24.0 million, maintain a hull cover ratio, being the ratio of the aggregate of the vessels' market values and the net realizable value of any additional security over the outstanding amount of the facility, no less than 130%, maintain minimum net worth of no less than $250 million and meet precise interest coverage levels and a certain leverage ratio (as each time prescribed in the respective debt arrangement). The Partnership's debt arrangements further include other customary restrictions that prohibit the Partnership from declaring or making any distributions if an event of default occurs and which further require, the Partnership's Sponsor to own, directly or indirectly, minimum voting interests in the Partnership. </font></div> <div style="text-align:justify;margin-top:6.0px;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Further details of the Partnership's $340 million Credit Facility and Notes are discussed in note 5 of the Partnership's consolidated financial statements for the year ended December 31, 2014 included in its' Annual Report on Form 20-F.</font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-indent:32.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">As of June 30, 2015, the Partnership was in compliance with all financial debt covenants under the $340 million Credit facility and the Notes.</font></div> <div style="margin-top:9.0px;text-indent:32.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="margin-top:9.0px;text-indent:32.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The annual principal payments for the Partnership's outstanding debt arrangements as at June 30, 2015 required to be made after the balance sheet date were as follows: </font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:442px;"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Period/ Year ending December 31,</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:133px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Amount</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:442px;background-color:#daeef3"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">July to December 2015 (period)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:114px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">10,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:442px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2016  </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:114px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">20,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:442px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2017  </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:114px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">20,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:442px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2018  </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:114px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">20,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:442px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2019  </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:114px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">270,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:442px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2020 and thereafter</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:114px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">225,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:442px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:114px;"><div style="text-indent:0.0px;"> </div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:442px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:19px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:114px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>565,000</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:442px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:114px;"><div style="text-indent:0.0px;"> </div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td style="width:442px;"></td> <td style="width:3px;"></td> <td style="width:19px;"></td> <td style="width:114px;"></td> <td style="width:3px;"></td> </tr> </table> <div align="justify"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;margin-top:6.0px;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;margin-top:6.0px;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The Partnership's weighted average interest rate on its long-term debt for the six month periods ended June 30, 2015 and 2014 was 4.5% and 3.1%, respectively. </font></div> <div style="text-align:justify;margin-top:6.0px;margin-bottom:12.0px;text-indent:32.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Total interest incurred on long-term debt for the six month periods ended June 30, 2015 and 2014 amounted to $12,956 and $3,372, respectively, and is included in Interest and finance costs (Note 10) in the accompanying unaudited interim condensed consolidated statements of income.</font></div> <div style="margin-bottom:10.0px;line-height:1.15;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">As of June 30, 2015, the Partnership had no unused borrowing capacity under the $340 million Credit Facility. Commitment fees incurred for the six month periods ended June 30, 2015 and 2014 amounted to nil and $360, respectively. Such fees are included in Interest and finance costs (Note 10) in the accompanying 2014 unaudited interim condensed consolidated statement of income.</font></div>

<div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:442px;"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Period/ Year ending December 31,</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:133px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Amount</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:442px;background-color:#daeef3"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">July to December 2015 (period)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:114px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">10,000</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:442px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2016  </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:114px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">20,000</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:442px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2017  </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:114px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">20,000</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:442px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2018  </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:114px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">20,000</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:442px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2019  </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:114px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">270,000</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:442px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2020 and thereafter</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:114px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">225,000</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:442px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:114px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:442px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:19px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:114px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>565,000</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:442px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:19px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:114px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td style="width:442px;"></td> <td style="width:3px;"></td> <td style="width:19px;"></td> <td style="width:114px;"></td> </tr> </table> <div></div>

<div style="text-align:justify;margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:209px;"><div style="text-align:justify;margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Debt instruments</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:206px;"><div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Borrowers-Issuers</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:69px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>June 30,  2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:92px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:10.7px;color:#000000; "><b>December 31, 2014</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:209px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:206px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:209px;background-color:#daeef3"><div style="text-align:justify;margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$340.0 million Credit Facility</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:206px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Pegasus-Lance-Seacrown-Fareastern</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">315,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">325,000</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:209px;"><div style="text-align:justify;margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$250.0 million Senior Unsecured Notes</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:206px;"><div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Dynagas LNG Partners LP - Dynagas Finance Inc. </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:10px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">250,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">250,000</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:209px;background-color:#daeef3"><div style="text-align:justify;margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:206px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:10px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:59px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>565,000</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:13px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>575,000</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:209px;"><div style="text-align:justify;margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Less current portion</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:206px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:10px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>20,000</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>20,000</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:209px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:206px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:10px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="middle" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:209px;background-color:#daeef3"><div style="text-align:justify;margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Long-term portion</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:206px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:2px;background-color:#daeef3"><div style="text-align:justify;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:10px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:59px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>545,000</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:13px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>555,000</b></font></div></td> </tr> <tr> <td style="width:209px;"></td> <td style="width:1px;"></td> <td style="width:206px;"></td> <td style="width:2px;"></td> <td style="width:10px;"></td> <td style="width:59px;"></td> <td style="width:1px;"></td> <td style="width:1px;"></td> <td style="width:13px;"></td> <td style="width:78px;"></td> </tr> </table> <div></div>

<div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>7. Commitments and Contingencies: </b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:16.0px;color:#000000; "> </font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(a) </b><i><b>Long-term time charters: </b></i></font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;margin-top:4.0px;text-indent:32.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">In June 2015, the Amur River completed its time charter with BG Group and commenced employment under a new 13-year time charter with Gazprom Marketing & Trading Singapore Pte. Ltd (Gazprom) with an estimated contracted revenue backlog of approximately $311.2 million.</font></div> <div style="text-align:justify;margin-top:4.0px;text-indent:32.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The Partnership's future minimum contractual charter revenues under its non-cancelable long-term time charter contracts as of June 30, 2015, gross of brokerage commissions, without taking into consideration any assumed off-hire (including those arising out of periodical class survey requirements), are as analyzed below: </font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> </b></font></div> <div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:511px;height:7px;"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b> Period/ Year ending December 31,</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:57px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Amount</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:511px;height:7px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> 2015 (period)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:16.0px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">73,919</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:511px;height:7px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> 2016 </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">147,114</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:511px;height:7px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> 2017 </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">115,821</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:511px;height:7px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> 2018 </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">56,894</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:511px;height:7px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> 2019 </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">24,273</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:511px;height:7px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> Thereafter</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:8px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">200,764</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:1px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:511px;height:7px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:8px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>618,785</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:1px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td style="width:511px;"></td> <td style="width:11px;"></td> <td style="width:8px;"></td> <td style="width:49px;"></td> <td style="width:1px;"></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:16.0px;color:#000000; "> </font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:14.7px;color:#000000;"> </font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(b) </b><i><b>Other:</b></i></font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Various claims, suits, and complaints, including those involving government regulations and product liability, arise in the ordinary course of the shipping business. In addition, losses may arise from disputes with charterers, agents, insurance and other claims with suppliers relating to the operations of the Partnership's vessels. Currently, management is not aware of any such claims not covered by insurance or </font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">contingent liabilities, which should be disclosed, or for which a provision should be established in the accompanying unaudited interim condensed consolidated financial statements. The Partnership accrues for the cost of environmental liabilities when management becomes aware that a liability is probable and is able to reasonably estimate the probable exposure. Currently, management is not aware of any such claims or contingent liabilities, which should be disclosed, or for which a provision should be established in the accompanying unaudited interim condensed consolidated financial statements. The Partnership is covered for liabilities associated with the individual vessels' actions to the maximum limits as provided by Protection and Indemnity (P&I) Clubs, members of the International Group of P&I Clubs.</font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> </b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(c) </b><i><b>Technical and Commercial Management Agreement:</b></i></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">As further disclosed in Note 3 the Partnership has contracted the commercial, administrative and technical management of its vessels to Dynagas Ltd. For the commercial services provided under this agreement the Partnership pays a commission of 1.25% over the charter-hire revenues arranged by the Manager, which will survive the termination of the agreement under all circumstances until the termination of each charter party in force at the time of termination. The estimated commission payable to the Manager over the minimum contractual charter revenues, discussed under (a) above, is $7,735. For administrative and technical management fees the Partnership currently pays a daily management fee of $2.7 per vessel (Note 3(a)). Such management fees for the period from July 1, 2015 to the expiration of the agreements on December 31, 2020, adjusted for 3% inflation as per agreement, are estimated to be $28,938 and are analyzed as follows:</font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> </b></font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:506px;"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Period/ Year ending December 31,</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:67px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Amount</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:506px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2015 (period)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,440</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:506px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2016   </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">4,999</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:506px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2017  </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,135</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:506px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2018  </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,289</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:506px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2019  </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,448</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:506px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Thereafter</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,627</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:506px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:58px;"><div style="text-indent:0.0px;"> </div></td> <td valign="middle" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:506px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:9px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:58px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>28,938</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:4px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:506px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:58px;"><div style="text-indent:0.0px;"> </div></td> <td valign="middle" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td style="width:506px;"></td> <td style="width:4px;"></td> <td style="width:9px;"></td> <td style="width:58px;"></td> <td style="width:4px;"></td> </tr> </table> <div></div>

<div style="margin-top:13.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>10. Interest and Finance Costs: </b></font></div> <div style="margin-top:6.0px;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The amounts in the accompanying unaudited interim condensed consolidated statements of income are analyzed as follows: </font></div> <div style="text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:332px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="5" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:149px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Six months ended June 30,</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:332px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:58px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>2015</b></font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:13px;"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>2014</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:332px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Interest expense (Note 5)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:58px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">12,956</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:13px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:6px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:62px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">3,372</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:332px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Amortization of deferred financing fees</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">770</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">236</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:332px;height:14px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Commitment fees (Note 5)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:13px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">360</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:332px;"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Other</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">122</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:6px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:62px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">31</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:332px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:9px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:58px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>13,848</b></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:13px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:6px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:62px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>3,999</b></font></div></td> </tr> <tr> <td style="width:332px;"></td> <td style="width:9px;"></td> <td style="width:58px;"></td> <td style="width:13px;"></td> <td style="width:6px;"></td> <td style="width:62px;"></td> </tr> </table> <div align="justify"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> </b></font></div> <div style="text-align:justify;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000;"><b> </b></font></div> <div style="text-align:justify;"></div>

<div style="margin-top:9.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>9. Earnings per Unit:</b></font></div> <div style="text-align:justify;margin-top:9.0px;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The Partnership calculates earnings per unit by allocating distributed and undistributed net income/ (losses) for each period to each class of units. Any undistributed earnings for the period are allocated to the various unitholders based on the distribution waterfall for cash available for distribution specified in Dynagas Partners' partnership agreement, as generally prescribed in Note 8 above. Where distributions relating to the period are in excess of earnings, the deficit is also allocated according to the cash distribution model.</font></div> <div style="text-align:justify;margin-top:9.0px;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The sum of the distributed amounts and the allocation of the undistributed earnings or deficit to each class of unitholders is divided by the weighted average number of units outstanding during the period. Diluted earnings per unit, if applicable, reflects the potential dilution that could occur if potentially dilutive instruments were exercised, resulting in the issuance of additional units that would then share in the Partnership's net earnings.</font></div> <div style="text-align:justify;margin-top:9.0px;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The calculations of the basic and diluted earnings per unit, are presented below: </font></div> <div style="text-align:justify;margin-top:9.0px;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:306px;height:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="middle" colspan="6" style=" border:solid #000000 0.0px;width:174px;background-color:#e0effc"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Six months ended </b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>June 30,</b></font></div></td> <td valign="middle" colspan="2" style=" border:solid #000000 0.0px;width:3px;background-color:#e0effc"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:306px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="9" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:306px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:72px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:94px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>2014</b></font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:306px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Partnership's Net income</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">29,181</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:72px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">21,247</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:306px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Less: </b></i></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:72px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:306px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Net Income attributable to subordinated unitholders</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">12,295</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:72px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">9,813</font></div></td> <td valign="bottom" colspan="2" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:306px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">General Partner's interest in Net Income</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">63</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:21px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:72px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">21</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:306px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Net income attributable to common unitholders</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>16,823</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:21px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:72px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>11,413</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:306px;background-color:#daeef3"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Weighted average number of common units outstanding, basic and diluted</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">20,505,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:21px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:72px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">15,381,464</font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:306px;"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Earnings per common unit, basic and diluted</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>0.82</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:21px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:72px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>0.74</b></font></div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td style="width:306px;"></td> <td style="width:3px;"></td> <td style="width:9px;"></td> <td style="width:63px;"></td> <td style="width:3px;"></td> <td style="width:3px;"></td> <td style="width:21px;"></td> <td style="width:72px;"></td> <td style="width:3px;"></td> <td style="width:0px;"></td> </tr> </table> <div></div>

<div style="margin-top:9.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>6. Fair Value Measurements:</b></font></div> <div style="text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:37.3px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The carrying amounts of cash and cash equivalents, trade receivables, trade payables and amounts due to related party reported in the accompanying consolidated balance sheets approximate their respective fair values because of the short-term nature of these accounts. The fair values of long-term bank loan and restricted cash approximate the recorded values due to the variable interest rates payable. The Notes have a fixed rate, and their estimated fair value, determined through Level 2 inputs of the fair value hierarchy (quoted price in the over-the counter-market), is approximately $235.0 million as of June 30, 2015 compared to its carrying value of $250.0 million. The fair value of non-current portion of amounts due from related party, determined through Level 3 inputs of the fair value hierarchy by discounting future cash flows using the Partnership's estimated cost of capital, is $754 as of June 30, 2015 compared to its' carrying value of $1,125. Additionally, the Partnership considers its creditworthiness in determining the fair value of the credit facilities. </font></div> <div style="text-align:justify;margin-top:9.0px;text-indent:32.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The guidance for fair value measurements applies to all assets and liabilities that are being measured and reported on a fair value basis. This guidance enables the reader of the financial statements to assess the inputs used to develop those measurements by establishing a hierarchy for ranking the quality and reliability of the information used to determine fair values. The statement requires that assets and liabilities carried at fair value be classified and disclosed in one of the following three categories: </font></div> <div style="margin-left: 30.0px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Level 1: Quoted market prices in active markets for identical assets or liabilities. </font></div> <div style="margin-left: 30.0px;margin-top:4.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data. </font></div> <div style="margin-left: 30.0px;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Level 3: Unobservable inputs that are not corroborated by market data. </font></div> <div style="margin-left: 30.0px;margin-top:6.0px;text-indent:0.0px;"></div>

<div style="margin-top:13.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>3. Transactions with related parties: </b></font></div> <div style="margin-top:6.0px;text-indent:29.3px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">During the six month periods ended June 30, 2015 and 2014, the Partnership incurred the following charges in connection with related party transactions, which are included in the accompanying unaudited interim condensed consolidated financial statements: </font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="4" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:225px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Six months ended June 30,</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:14px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:78px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>2015</b></font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:79px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>2014</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Included in voyage expenses</b></font><font style="font-family:Times New Roman;font-size:16.0px;color:#000000; "><b> </b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Charter hire commissions (a) </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">894</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">539</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Included in general and administrative expenses </b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Executive services fee (d)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">303</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">458</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Administrative services fee (e)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">60</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Management fees-related party </b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Management fees (a)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,400</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,419</font></div></td> </tr> <tr> <td style="width:291px;"></td> <td style="width:36px;"></td> <td style="width:30px;"></td> <td style="width:78px;"></td> <td style="width:42px;"></td> <td style="width:24px;"></td> <td style="width:79px;"></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">As of June 30, 2015 and December 31, 2014 balances with related parties consisted of the following: </font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:14px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:78px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>June 30, 2015</b></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:79px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>December 31, 2014</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#daeef3"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Assets:</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:79px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Working capital advances granted to the Manager (a) </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">670</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">889</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Security deposits to Manager  (a)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,125</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,125</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#daeef3"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Liabilities included in Due to related party:</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> </b></font></div> <div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Executive service charges due to Manager (d)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">147</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">-</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#daeef3"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Administrative service charges due to Manager (e)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">30</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">135</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Other Partnership expenses due to Manager </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">260</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">7</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#e0effc"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total liabilities due to related party</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#e0effc"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:30px;background-color:#e0effc"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:78px;background-color:#e0effc"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>437</b></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#e0effc"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:24px;background-color:#e0effc"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:79px;background-color:#e0effc"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>142</b></font></div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> </b></font></div> <div style="margin-top:12.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> (a) Dynagas Ltd. </b></font></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:16.0px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Dynagas Ltd. is a company beneficially owned by the Partnership's Chairman. The Manager provides each vessel-owning entity of the Partnership with certain technical and administrative management services in exchange for a daily management fee, pursuant to five identical management agreements that initially terminate on December 31, 2020 and which shall, thereafter, automatically be extended in additional eight-year increments if notice of termination is not previously provided by the Partnership's vessel-owning subsidiaries.  The management agreements initially provide for a daily management fee of $2.5. Beginning on the first calendar year after the commencement of the vessel management agreements and each calendar year thereafter, these fees are adjusted upwards by 3% until expiration of the management agreement, subject to further annual increases to reflect material unforeseen costs of providing the management services, by an amount to be agreed between the Partnership and the Manager, which amount will be reviewed and approved by the Partnership's conflicts committee. Under the terms of the management agreements, the Manager charges the Partnership for any additional capital expenditures, financial costs, operating expenses for the vessels and general and administrative expenses of the vessel owning subsidiaries of the Partnership that are not covered by the management fees.  </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">For the six month periods ended June 30, 2015 and 2014, each vessel was charged with an adjusted daily management fee of $2.7 and $2.6, respectively. </font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The management agreements also provide for: </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;margin-left: 24.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(i) a commission of 1.25% over charter-hire agreements arranged by the Manager and </font></div> <div style="text-align:justify;margin-left: 24.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(ii) a lump sum new-building supervision fee of $700 for the services rendered by the Manager in respect of the construction of the vessel plus out of pocket expenses. </font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:41.3px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The agreements will terminate automatically after a change of control of the owners and/or of the owners' ultimate parent, in which case an amount equal to the estimated remaining fees but in any case not less than for a period of at the least 36 months and not more than 60 months, will become payable to the Manager. As of June 30, 2015, based on the maximum period prescribed in the management agreements and the basic daily fee in effect during the six month period ended June 30, 2015, such termination fee would be approximately $24.2 million. </font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:29.3px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The management agreements also provide for an advance equal to three months daily management fee. In the case of termination of the management agreements, prior to their eight year term, by any reason other than Manager's default, the advance is not refundable. Such advances as of June 30, 2015 and December 31, 2014 amounted to $1,125 and are separately reflected in Non-Current Assets as Due from related party in the accompanying unaudited interim consolidated balance sheets.</font></div> <div style="text-align:justify;margin-top:12.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> (b) Loan from related party</b></font></div> <div style="text-align:justify;margin-top:6.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">On November 18, 2013, concurrently with the completion of its initial public offering, the Partnership entered into an interest free $30.0 million revolving credit facility with its Sponsor, with an original term of five years from the closing date, to be used for general Partnership purposes including working capital. The loan may be drawn and be prepaid in whole or in part at any time during the life of the facility. No amounts have been drawn under the respective facility as of June 30, 2015 and December 31, 2014.</font></div> <div style="margin-top:12.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(c) Omnibus Agreement </b></font></div> <div style="text-align:justify;margin-top:6.0px;margin-bottom:6.0px;line-height:1.15;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">On November 18, 2013, the Partnership entered into an agreement with its Sponsor (the Omnibus Agreement) to govern among other things i) the terms and the extent the Partnership and the Sponsor may compete each other, ii) the procedures to be followed for the exercise of Partnership's options to acquire certain offered optional vessels by its Sponsor, iii) certain rights of first offer to the Sponsor for the acquisition of LNG carriers from the Partnership and iv) Sponsor's provisions of certain indemnities to the Partnership.  On June 23, 2014 and September 25, 2014, the Partnership completed the drop down of two of these optional vessels, the <i>Arctic Aurora </i>and the <i>Yenisei River</i>. No further drop downs occurred since then. </font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(d) Executive Services Agreement </b></font></div> <div style="text-align:justify;margin-top:9.0px;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">On March 21, 2014, the Partnership entered into an executive services agreement with the Manager with retroactive effect from the IPO closing date, pursuant to which the Manager provides the Partnership the services of its executive officers, who report directly to the Board of Directors. Under the agreement, the Manager is entitled to an executive services fee of 538 per annum (or $597 on the basis of a Eur/US Dollar exchange rate of 1.0000/$1.1096 at June 30, 2015), payable in equal monthly installments. The agreement has an initial term of five years and automatically renews for successive five year terms unless terminated earlier. </font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> </b></font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>(e) Administrative Services Agreement </b></font></div> <div style="text-align:justify;margin-top:9.0px;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">On December 30, 2014 and effective as of the IPO closing date, the Partnership entered into an administrative services agreement with its Manager, according to which the Partnership is provided with certain financial, accounting, reporting, secretarial and information technology services, for a monthly fee of $10, plus expenses, payable in quarterly installments. The agreement can be terminated upon 120 days' notice granted either by the Partnership's Board or by Dynagas as per the provisions of the agreement. </font></div> <div style="text-align:justify;margin-top:9.0px;text-indent:36.0px;"></div>

<div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>1. Basis of Presentation and General Information: </b></font></div> <div style="margin-top:4.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Dynagas LNG Partners LP (Dynagas Partners or The Partnership) was incorporated as a limited Partnership on May 30, 2013 under the laws of the Republic of The Marshall Islands. On November 18 2013, the Partnership successfully completed its' initial public offering (the IPO or the Offering) on the NASDAQ Global Select Market, whereas, on December 29, 2014, the Partnership's common units ceased trading on NASDAQ and, on December 30, 2014, commenced trading on the NYSE. </font></div> <div style="text-align:justify;margin-top:6.0px;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">At the closing of the Offering, the Partnership entered into the following agreements: i) an Omnibus agreement with Dynagas Holding Ltd. (Dynagas Holding or the Sponsor, a company beneficially wholly owned by Mr. George Prokopiou, the Partnership's Chairman and major unitholder and his close family members) that provides the Partnership the right to purchase LNG carrier vessels at a purchase price to be determined pursuant to the terms and conditions contained therein and ii) a $30 million revolving credit facility with the Sponsor to be used for general Partnership purposes (Note 3(b)). </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The Partnership is engaged in the seaborne transportation industry through the ownership and operation of high specification liquefied natural gas vessels and is the sole owner of all outstanding shares or units of the following subsidiaries as of June 30, 2015 and December 31, 2014:</font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><u>Vessel Owning Subsidiaries: </u></font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:182px;height:24px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Company Name </font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:115px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Country of incorporation</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:96px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Vessel Name</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:103px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Delivery Date</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Year Built</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:84px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Cbm    Capacity</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:182px;height:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Pegasus Shipholding S.A. (Pegasus)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Islands</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:96px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Clean Energy</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:103px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">March 2007</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2007</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:84px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">149,700</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:182px;height:24px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Lance Shipping S.A. </font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(Lance)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Islands </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:96px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">OB River </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:103px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">July 2007</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2007</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:84px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">149,700</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:182px;height:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Seacrown Maritime Ltd.</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(Seacrown)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Islands</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:96px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Amur River <sup>(1)</sup> </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:103px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">January 2008</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2008</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:84px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">149,700</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:182px;height:24px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Fareastern Shipping Limited</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(Fareastern)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Malta</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:96px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Arctic Aurora </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:103px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">June 2014</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2013</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:84px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">155,000</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:182px;height:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Navajo Marine Limited</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(Navajo)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Islands</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:96px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Yenisei River </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:103px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">September 2014</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2013</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:84px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">155,000</font></div></td> </tr> </table> <div align="justify"><font style="font-family:Times New Roman;font-size:14.7px;color:#000000;"> </font></div> <div style="text-align:justify;text-indent:0.0px;"></div> <ol> <li style="text-align: justify;font-family:Times New Roman;font-size:13.3px;color:#000000; "><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Renamed from Clean Force in June 2015.</font></li> </ol><div align="justify"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "></font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><u>Non-Vessel Owning Subsidiaries: </u></font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Arial;font-size:13.3px;color:#000000; "> </font></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:175px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Company Name </font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:115px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Country of incorporation</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:330px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Purpose of incorporation</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:175px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Quinta Group Corp. (Quinta)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Nevis </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:330px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Holding company that owns all of the outstanding capital stock of Pegasus.</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:175px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Pelta Holdings S.A. (Pelta)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Nevis </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:330px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Holding company that owns all of the outstanding capital stock of Lance.</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:175px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Dynagas Equity Holdings Ltd. (Dynagas Equity) </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Liberia </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:330px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Holding company that owns all of the outstanding capital stock of Quinta, Pelta, Seacrown, Fareastern and Navajo.</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:175px;height:25px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Dynagas Operating GP LLC.</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(Dynagas Operating GP) </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Islands </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:330px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Limited Liability Company, in which the Partnership holds 100% membership interests and that has 100% of the Non-Economic General Partner Interest in Dynagas Operating LP.</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:175px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Dynagas Operating LP.</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">("Dynagas Operating")</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Islands</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:330px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Limited partnership in which the Partnership holds 100% percentage interests.</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:175px;height:34px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Dynagas Finance Inc.</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(Dynagas Finance) </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Islands</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:330px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Wholly owned subsidiary of the Partnership whose activities are limited to co-issuing the Notes discussed under Note 5 and engaging in other activities incidental thereto.</font></div></td> </tr> </table> <div align="justify"><font style="font-family:Times New Roman;font-size:14.7px;color:#000000;"> </font></div> <div style="text-align:justify;margin-top:9.0px;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The technical, administrative and commercial management of the Partnership's vessels is performed by Dynagas Ltd. (the Manager), a related company, wholly owned Mr. George Prokopiou, the Partnership's Chairman of the Board of Directors (Note 3(a)).</font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">As of June 30, 2015, Dynagas Holding owned 44.0% of the equity interests in Dynagas Partners, including the 0.1% General Partner interest.</font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with Generally Accepted Accounting Principles in the United States of America ("U.S. GAAP") and applicable rules and regulations of the Securities and Exchange Commission (or SEC) for interim financial reporting. The unaudited interim consolidated financial statements include the accounts of Dynagas Partners and its wholly-owned subsidiaries, referred to above. All intercompany balances and transactions have been eliminated upon consolidation. </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="text-align:justify;text-indent:36.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">These financial statements and accompanying notes should be read in conjunction with the Partnership's audited consolidated financial statements for the year ended December 31, 2014 and footnotes thereto included in its Annual Report on Form 20-F, filed with the SEC on March 10, 2015. In the opinion of the Partnership's management, all adjustments, which include only normal recurring adjustments, necessary for a fair presentation of financial position, operating results and cash flows have been included in the financial statements for the periods presented.  Interim results are not necessarily indicative of the results that may be expected for the year ending December 31, 2015.</font></div> <div style="text-align:justify;text-indent:36.0px;"></div>

<div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:332px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="5" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:149px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Six months ended June 30,</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:332px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:58px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>2015</b></font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:13px;"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:68px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>2014</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:332px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Interest expense (Note 5)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:58px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">12,956</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:13px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:6px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:62px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">3,372</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:332px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Amortization of deferred financing fees</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">770</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">236</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:332px;height:14px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Commitment fees (Note 5)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:13px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:6px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:62px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">360</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:332px;"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Other</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">122</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:13px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:6px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:62px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">31</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:332px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:9px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:58px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>13,848</b></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:13px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:6px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:62px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>3,999</b></font></div></td> </tr> <tr> <td style="width:332px;"></td> <td style="width:9px;"></td> <td style="width:58px;"></td> <td style="width:13px;"></td> <td style="width:6px;"></td> <td style="width:62px;"></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="middle" style=" border:solid #000000 0.0px;width:306px;height:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="middle" colspan="6" style=" border:solid #000000 0.0px;width:174px;background-color:#e0effc"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Six months ended </b></font></div><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>June 30,</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:306px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="7" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:306px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:72px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>2015</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:94px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>2014</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:306px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Partnership's Net income</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">29,181</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:72px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">21,247</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:306px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><i><b>Less: </b></i></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:72px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:306px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Net Income attributable to subordinated unitholders</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">12,295</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:21px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:72px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">9,813</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:306px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">General Partner's interest in Net Income</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">63</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:21px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:72px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">21</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:306px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Net income attributable to common unitholders</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>16,823</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:21px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:72px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>11,413</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:306px;background-color:#daeef3"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Weighted average number of common units outstanding, basic and diluted</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">20,505,000</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:21px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:72px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">15,381,464</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:306px;"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Earnings per common unit, basic and diluted</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:63px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>0.82</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:3px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:21px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:72px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>0.74</b></font></div></td> </tr> <tr> <td style="width:306px;"></td> <td style="width:3px;"></td> <td style="width:9px;"></td> <td style="width:63px;"></td> <td style="width:3px;"></td> <td style="width:3px;"></td> <td style="width:21px;"></td> <td style="width:72px;"></td> </tr> </table> <div></div> <div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:506px;"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Period/ Year ending December 31,</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:67px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Amount</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:506px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2015 (period)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,440</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:506px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2016   </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">4,999</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:506px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2017  </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,135</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:506px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2018  </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,289</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:506px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2019  </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,448</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:506px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Thereafter</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:58px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">5,627</font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:506px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:9px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:58px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:506px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:9px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:58px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>28,938</b></font></div></td> </tr> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:506px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:4px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:9px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:double #000000 3.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:58px;"><div style="text-indent:0.0px;"> </div></td> </tr> <tr> <td style="width:506px;"></td> <td style="width:4px;"></td> <td style="width:9px;"></td> <td style="width:58px;"></td> </tr> </table> <div></div> <div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="bottom" style=" border:solid #000000 0.0px;width:511px;height:7px;"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b> Period/ Year ending December 31,</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="2" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:57px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:9.3px;color:#000000; "><b>Amount</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:511px;height:7px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> 2015 (period)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:16.0px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">73,919</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:511px;height:7px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> 2016 </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">147,114</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:511px;height:7px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> 2017 </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">115,821</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:511px;height:7px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> 2018 </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">56,894</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:511px;height:7px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> 2019 </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:8px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:49px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">24,273</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:511px;height:7px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> Thereafter</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:8px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:49px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">200,764</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:511px;height:7px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> Total</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:11px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:8px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:double #000000 3.0px;width:49px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>618,785</b></font></div></td> </tr> <tr> <td style="width:511px;"></td> <td style="width:11px;"></td> <td style="width:8px;"></td> <td style="width:49px;"></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div> <div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:14px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "> </font></div><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:78px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>June 30, 2015</b></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:79px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>December 31, 2014</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#daeef3"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Assets:</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:79px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Working capital advances granted to the Manager (a) </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">670</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">889</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Security deposits to Manager  (a)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,125</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,125</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#daeef3"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Liabilities included in Due to related party:</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> </table> <div><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> </b></font></div> <div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Executive service charges due to Manager (d)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">147</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">-</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#daeef3"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Administrative service charges due to Manager (e)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">30</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">135</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Other Partnership expenses due to Manager </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">260</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">7</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#e0effc"><div style="margin-top:5.0px;margin-bottom:5.0px;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Total liabilities due to related party</b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#e0effc"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:30px;background-color:#e0effc"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:78px;background-color:#e0effc"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>437</b></font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#e0effc"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:24px;background-color:#e0effc"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>$</b></font></div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:79px;background-color:#e0effc"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>142</b></font></div></td> </tr> </table> <div align="justify"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b> </b></font></div> <div style="text-align:justify;text-indent:0.0px;"></div>

<div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" colspan="4" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:225px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Six months ended June 30,</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:14px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:78px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>2015</b></font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:79px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>2014</b></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Included in voyage expenses</b></font><font style="font-family:Times New Roman;font-size:16.0px;color:#000000; "><b> </b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border-left:solid #000000 0.0px; border-top:solid #000000 1.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Charter hire commissions (a) </font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">894</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">539</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Included in general and administrative expenses </b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Executive services fee (d)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">303</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">458</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Administrative services fee (e)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">60</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "></font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;background-color:#daeef3"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "><b>Management fees-related party </b></font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;background-color:#daeef3"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;background-color:#daeef3"><div style="text-align:right;text-indent:0.0px;"> </div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:291px;height:10px;"><div style="margin-left: 16.0px;margin-top:5.0px;margin-bottom:5.0px;text-indent:-16.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Management fees (a)</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:36px;"><div style="text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:30px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:78px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2,400</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:right;text-indent:0.0px;"> </div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:24px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">$</font></div></td> <td valign="bottom" style=" border:solid #000000 0.0px;width:79px;"><div style="text-align:right;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">1,419</font></div></td> </tr> <tr> <td style="width:291px;"></td> <td style="width:36px;"></td> <td style="width:30px;"></td> <td style="width:78px;"></td> <td style="width:42px;"></td> <td style="width:24px;"></td> <td style="width:79px;"></td> </tr> </table> <div></div>

<div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:175px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Company Name </font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:115px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Country of incorporation</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:330px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Purpose of incorporation</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:175px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Quinta Group Corp. (Quinta)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Nevis </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:330px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Holding company that owns all of the outstanding capital stock of Pegasus.</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:175px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Pelta Holdings S.A. (Pelta)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Nevis </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:330px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Holding company that owns all of the outstanding capital stock of Lance.</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:175px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Dynagas Equity Holdings Ltd. (Dynagas Equity) </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Liberia </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:330px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Holding company that owns all of the outstanding capital stock of Quinta, Pelta, Seacrown, Fareastern and Navajo.</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:175px;height:25px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Dynagas Operating GP LLC.</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(Dynagas Operating GP) </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Islands </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:330px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Limited Liability Company, in which the Partnership holds 100% membership interests and that has 100% of the Non-Economic General Partner Interest in Dynagas Operating LP.</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:175px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Dynagas Operating LP.</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">("Dynagas Operating")</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Islands</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:330px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Limited partnership in which the Partnership holds 100% percentage interests.</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:175px;height:34px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Dynagas Finance Inc.</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(Dynagas Finance) </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Islands</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:330px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Wholly owned subsidiary of the Partnership whose activities are limited to co-issuing the Notes discussed under Note 5 and engaging in other activities incidental thereto.</font></div></td> </tr> </table> <div></div> <div style="text-indent:0.0px;"></div> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; border: none"> <tr> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:182px;height:24px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Company Name </font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:115px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Country of incorporation</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:96px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Vessel Name</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:103px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Delivery Date</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:42px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Year Built</font></div></td> <td valign="top" style=" border-left:solid #000000 0.0px; border-top:solid #000000 0.0px; border-right:solid #000000 0.0px; border-bottom:solid #000000 1.0px;width:84px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Cbm    Capacity</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:182px;height:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Pegasus Shipholding S.A. (Pegasus)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Islands</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:96px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Clean Energy</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:103px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">March 2007</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2007</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:84px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">149,700</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:182px;height:24px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Lance Shipping S.A. </font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(Lance)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Islands </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:96px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">OB River </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:103px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">July 2007</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2007</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:84px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">149,700</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:182px;height:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Seacrown Maritime Ltd.</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(Seacrown)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Islands</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:96px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Amur River <sup>(1)</sup> </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:103px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">January 2008</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2008</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:84px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">149,700</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:182px;height:24px;background-color:#daeef3"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Fareastern Shipping Limited</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(Fareastern)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Malta</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:96px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Arctic Aurora </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:103px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">June 2014</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2013</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:84px;background-color:#daeef3"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">155,000</font></div></td> </tr> <tr> <td valign="top" style=" border:solid #000000 0.0px;width:182px;height:24px;"><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Navajo Marine Limited</font></div><div style="text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">(Navajo)</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:115px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Marshall Islands</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:96px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Yenisei River </font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:103px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">September 2014</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:42px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">2013</font></div></td> <td valign="top" style=" border:solid #000000 0.0px;width:84px;"><div style="text-align:center;text-indent:0.0px;"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">155,000</font></div></td> </tr> </table> <div align="justify"><font style="font-family:Times New Roman;font-size:14.7px;color:#000000;"> </font></div> <div style="text-align:justify;text-indent:0.0px;"></div> <ol> <li style="text-align: justify;font-family:Times New Roman;font-size:13.3px;color:#000000; "><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; ">Renamed from Clean Force in June 2015.</font></li> </ol><div align="justify"><font style="font-family:Times New Roman;font-size:13.3px;color:#000000; "></font></div> <div style="text-align:justify;margin-left: 48.0px;text-indent:-24.0px;"></div> 28938000 5627000 5448000 5289000 5135000 4999000 2440000 250000000 Distributions on the Series A Preferred Units will be payable quarterly on February 12, May 12, August 12 and November 12, commencing November 12, 2015, subject to the discretion of the Partnership's Board of Directors, at a distribution rate of $9.00% per annum of the stated liquidation preference.

16000

64000

618785000

200764000

24273000

56894000

115821000

147114000

73919000

December 31, 2020

437000

260000

147000

142000

7000

135000

30000

1125000

670000

1125000

889000

250000000

235000000

1.3

24000000

As of June 30, 2015, the Partnership was in compliance with all financial debt covenants under the $340 million Credit facility and the Notes.

The $340 million Credit Facility and Notes contain financial and other covenants that require, amongst others, the Partnership to maintain aggregate free liquidity (which includes the minimum liquidity restriction imposed under the Notes) of at least $24.0 million, maintain a hull cover ratio, being the ratio of the aggregate of the vessels' market values and the net realizable value of any additional security over the outstanding amount of the facility, no less than 130%, maintain minimum net worth of no less than $250 million and meet precise interest coverage levels and a certain leverage ratio (as each time prescribed in the respective debt arrangement). The Partnership's debt arrangements further include other customary restrictions that prohibit the Partnership from declaring or making any distributions if an event of default occurs and which further require, the Partnership's Sponsor to own, directly or indirectly, minimum voting interests in the Partnership.

2021-03-31

28 152000 75000 120 5 5 2 60 36

During the six month periods ended June 30, 2015 and 2014, charterers that individually accounted for more than 10% of the Partnership's revenues were as follows

0.1

30000000

0.44

-71000

-170000

2008

250000000

72600000

0.09

3000000

0.499 0.249 0.149 0 0 0.001 0.001 0.001 0.001 0.001 0.5 0.75 0.85 0.999 0.999 0.548 0.456 0.456 0.42 0.42 0.365 0.548 2015-08-06 2015-08-13

15000000

0.4225

126000 0

340000000

25508000 0

121045000

2000000

754000

311200000

0.12 685 717 0 2500 24200000

0.19

0.01

January 2008 March 2007 2007 149700 149700

219085000

10000000

1021000 939000 903000 1341000 458000 303000

0.001

126000

120500000 600000

4700000

720000 5520000

5526

149700 155000 155000 2013 2013 2007 September 2014 June 2014 July 2007

0 DLNG

60000

539000

894000

34000

0.0625

The Notes bear interest from the date of the original issue until maturity at a rate of 6.25% per year, payable quarterly in arrears on January 30, April 30, July 30 and October 30 of each year. As per the provisions of the Notes and the Indenture, the Partnership may issue from time to time, unlimited as to principal amount senior unsecured debentures, to be issued in one or more series. The Notes are unsubordinated unsecured obligations of the Partnership and are not redeemable at its option prior to maturity.

250000000

3372000

12956000

Perpetual

1.1096

10000

35526 14985000 20505000

0.74

0.82

154000

-19000

1740000

65000

597000

10000000

2015-05-12 2015-02-05 2015-05-05 2015-02-12

225000000

2600

270000000

200000000

538000

214100000

15000000

236000

770000

Initial term of five years and automatically renews for successive five year terms unless terminated earlier 340000000

12003000

0.4225

0.031

5000000

340000000

quarterly

LIBOR

20000000

315000000

325000000

2700

117104000

105101000

839883000

944984000

30053000

16188000

19623000

5677000

800000

11000

5500000

209562000

-227000

71000

20000000

286000

357000

416000

404000

944984000

827880000

21247000

29181000

737000

904000

20505000 20505000 No 11413000 16823000 15381464 20505000 20505000 20505000 304225000 304729000 1123000 1429000

35526

14985000

6852000

12003000

Accelerated Filer Yes No --12-31 Q2 2015 false 2015-06-30 6-K 0001578453 Dynagas LNG Partners LP

0.4225

360000

31000

122000

7735000 0.03

0.045

565000000

575000000

0.03 700000 0.0125 The agreements will terminate automatically after a change of control of the owners and/or of the owners' ultimate parent, in which case an amount equal to the estimated remaining fees but in any case not less than for a period of at the least 36 months and not more than 60 months, will become payable to the Manager.

0.63

0.37

0.36

0.44

2434000 -1690000

637000

1378000

-853000

-65000

514000 1478000

316000

3000

-143000

-107000

40636000

33158000

-209562000

-40129000

190350000

507000

13946000

1419000 2400000 6585000 11474000

3999000

13848000

41872000

21000

9813000

-3845000

25092000

71171000

63000

12295000

-13833000

43014000

11949000

887376000

297698000

100000

-7131000

556429000

555000000

33249000

7022000

3716000

142000

2369000

887376000

1125000

7077000

943000

24000000

839883000

14348000

889000

853000

12456000

874908000

296826000

99000

-7498000

546123000

545000000

31959000

5332000

3520000

437000

2670000

874908000

1125000

6330000

24000000

827880000

15573000

670000

35526

14985000 14985000 14985000