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10-Q Filing

NATURAL RESOURCE PARTNERS LP CIK: 1171486 Q1 2016
Filing Information
Form Type 10-Q
Accession Number 0001171486-16-000041
Period End Date 20160331
Filing Date 20160506
Fiscal Year 2016
Fiscal Period Q1
XBRL Instance nrp-20160331.xml
Filing Contents
Balance Sheet 73 line items
Line Item Tag Value Unit Period
Common units outstanding (in shares) LimitedPartnersCapitalAccountUnitsOutstanding 12.20M shares Point-in-time
Common units outstanding (in shares) LimitedPartnersCapitalAccountUnitsOutstanding 12.20M shares Point-in-time
Common units outstanding (in shares) LimitedPartnersCapitalAccountUnitsOutstanding 12.20M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $51.77M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $33.27M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $52.10M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $50.08M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $50.17M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $48.15M USD Point-in-time
Accounts receivableaffiliates AccountsReceivableRelatedPartiesCurrent $6.86M USD Point-in-time
Accounts receivableaffiliates AccountsReceivableRelatedPartiesCurrent $7.53M USD Point-in-time
Inventory InventoryNet $7.41M USD Point-in-time
Inventory InventoryNet $7.83M USD Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssetsCurrent $4.49M USD Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssetsCurrent $3.83M USD Point-in-time
Total current assets AssetsCurrent $121.13M USD Point-in-time
Total current assets AssetsCurrent $119.02M USD Point-in-time
Land Land $25.02M USD Point-in-time
Land Land $25.02M USD Point-in-time
Plant and equipment, net PropertyPlantAndEquipmentNet $57.44M USD Point-in-time
Plant and equipment, net PropertyPlantAndEquipmentNet $61.24M USD Point-in-time
Mineral rights, net MineralPropertiesNet $1.09B USD Point-in-time
Mineral rights, net MineralPropertiesNet $1.06B USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $3.70M USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $3.93M USD Point-in-time
Intangible assets, netaffiliate FiniteLivedIntangibleAssetsRelatedPartiesNet $52.27M USD Point-in-time
Intangible assets, netaffiliate FiniteLivedIntangibleAssetsRelatedPartiesNet $53.00M USD Point-in-time
Equity in unconsolidated investment EquityMethodInvestments $258.94M USD Point-in-time
Equity in unconsolidated investment EquityMethodInvestments $261.94M USD Point-in-time
Long-term contracts receivableaffiliate DueFromAffiliateNoncurrent $47.36M USD Point-in-time
Long-term contracts receivableaffiliate DueFromAffiliateNoncurrent $45.93M USD Point-in-time
Other assets OtherAssetsNoncurrent $1.27M USD Point-in-time
Other assets OtherAssetsNoncurrent $1.20M USD Point-in-time
Other assetsaffiliate OtherAssetsRelatedPartiesNoncurrent $1.12M USD Point-in-time
Other assetsaffiliate OtherAssetsRelatedPartiesNoncurrent $532.00K USD Point-in-time
Total assets Assets $1.62B USD Point-in-time
Total assets Assets $1.67B USD Point-in-time
Accounts payable AccountsPayableCurrent $7.59M USD Point-in-time
Accounts payable AccountsPayableCurrent $8.46M USD Point-in-time
Accounts payableaffiliates AccountsPayableRelatedPartiesCurrent $1.46M USD Point-in-time
Accounts payableaffiliates AccountsPayableRelatedPartiesCurrent $1.23M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $45.73M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $40.00M USD Point-in-time
Current portion of long-term debt, net LongTermDebtCurrent $154.44M USD Point-in-time
Current portion of long-term debt, net LongTermDebtCurrent $80.75M USD Point-in-time
Total current liabilities LiabilitiesCurrent $136.41M USD Point-in-time
Total current liabilities LiabilitiesCurrent $203.27M USD Point-in-time
Deferred revenue DeferredRevenueNoncurrent $76.75M USD Point-in-time
Deferred revenue DeferredRevenueNoncurrent $80.81M USD Point-in-time
Deferred revenueaffiliates DeferredRevenueAffiliatesNoncurrent $82.85M USD Point-in-time
Deferred revenueaffiliates DeferredRevenueAffiliatesNoncurrent $81.87M USD Point-in-time
Long-term debt, net LongTermDebtNoncurrent $1.15B USD Point-in-time
Long-term debt, net LongTermDebtNoncurrent $1.27B USD Point-in-time
Long-term debt, netaffiliate DueToAffiliateNoncurrent $19.93M USD Point-in-time
Long-term debt, netaffiliate DueToAffiliateNoncurrent $19.94M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $6.81M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $5.84M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Common unitholders interest (12.2 million units outstanding) LimitedPartnersCapitalAccount $79.09M USD Point-in-time
Common unitholders interest (12.2 million units outstanding) LimitedPartnersCapitalAccount $96.61M USD Point-in-time
General partners interest GeneralPartnersCapitalAccount $-249.00K USD Point-in-time
General partners interest GeneralPartnersCapitalAccount $-606.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.70M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.15M USD Point-in-time
Total partners capital PartnersCapital $93.67M USD Point-in-time
Total partners capital PartnersCapital $76.34M USD Point-in-time
Non-controlling interest PartnersCapitalAttributableToNoncontrollingInterest $-3.39M USD Point-in-time
Non-controlling interest PartnersCapitalAttributableToNoncontrollingInterest $-3.39M USD Point-in-time
Total capital PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $90.28M USD Point-in-time
Total capital PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $72.94M USD Point-in-time
Total liabilities and capital LiabilitiesAndStockholdersEquity $1.62B USD Point-in-time
Total liabilities and capital LiabilitiesAndStockholdersEquity $1.67B USD Point-in-time
Income Statement 44 line items
Line Item Tag Value Unit Period
Total revenues and other income SalesRevenueNet $80.83M USD 1 Quarter
Total revenues and other income SalesRevenueNet $107.61M USD 1 Quarter
Gain on asset sales GainLossOnDispositionOfAssets1 $2.07M USD 1 Quarter
Gain on asset sales GainLossOnDispositionOfAssets1 $21.93M USD 1 Quarter
Total revenues and other income RevenueNetIncludingGainLossonDispositionofAssets $109.68M USD 1 Quarter
Total revenues and other income RevenueNetIncludingGainLossonDispositionofAssets $102.75M USD 1 Quarter
Operating and maintenance expenses OperatingCostsAndExpenses $30.90M USD 1 Quarter
Operating and maintenance expenses OperatingCostsAndExpenses $37.42M USD 1 Quarter
Operating and maintenance expensesaffiliates, net RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $3.75M USD 1 Quarter
Operating and maintenance expensesaffiliates, net RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $3.08M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $14.02M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $24.55M USD 1 Quarter
Amortization expenseaffiliates AmortizationofIntangibleAssetsRelatedParties $722.00K USD 1 Quarter
Amortization expenseaffiliates AmortizationofIntangibleAssetsRelatedParties $838.00K USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $2.29M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $3.23M USD 1 Quarter
General and administrativeaffiliates RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty $937.00K USD 1 Quarter
General and administrativeaffiliates RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty $1.08M USD 1 Quarter
Asset impairment AssetImpairmentCharges $2.03M USD 1 Quarter
Asset impairment AssetImpairmentCharges - USD 1 Quarter
Total operating expenses OperatingExpenses $55.59M USD 1 Quarter
Total operating expenses OperatingExpenses $69.26M USD 1 Quarter
Income from operations OperatingIncomeLoss $40.42M USD 1 Quarter
Income from operations OperatingIncomeLoss $47.16M USD 1 Quarter
Interest expense InterestExpense $23.75M USD 1 Quarter
Interest expense InterestExpense $22.94M USD 1 Quarter
Interest income InvestmentIncomeInterest $19.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $15.00K USD 1 Quarter
Other expense, net InterestRevenueExpenseNet $-23.73M USD 1 Quarter
Other expense, net InterestRevenueExpenseNet $-22.93M USD 1 Quarter
Net income NetIncomeLoss $23.43M USD 1 Quarter
Net income NetIncomeLoss $17.49M USD 1 Quarter
Limited partners NetIncomeLossAllocatedToLimitedPartners $17.14M USD 1 Quarter
Limited partners NetIncomeLossAllocatedToLimitedPartners $23.02M USD 1 Quarter
General partner NetIncomeLossAllocatedToGeneralPartners $350.00K USD 1 Quarter
General partner NetIncomeLossAllocatedToGeneralPartners $403.00K USD 1 Quarter
Basic and diluted net income per common unit (in dollars per share) NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted $1.40 USD 1 Quarter
Basic and diluted net income per common unit (in dollars per share) NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted $1.88 USD 1 Quarter
Weighted average number of common units outstanding (in shares) WeightedAverageLimitedPartnershipUnitsOutstanding 12.23M shares 1 Quarter
Weighted average number of common units outstanding (in shares) WeightedAverageLimitedPartnershipUnitsOutstanding 12.23M shares 1 Quarter
Add: comprehensive loss from unconsolidated investment and other OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-545.00K USD 1 Quarter
Add: comprehensive loss from unconsolidated investment and other OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-965.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $22.88M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $16.52M USD 1 Quarter
Cash Flow Statement 80 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $23.43M USD 1 Quarter
Net income NetIncomeLoss $17.49M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $14.02M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $24.55M USD 1 Quarter
Amortization expenseaffiliates AmortizationofIntangibleAssetsRelatedParties $722.00K USD 1 Quarter
Amortization expenseaffiliates AmortizationofIntangibleAssetsRelatedParties $838.00K USD 1 Quarter
Distributions from equity earnings from unconsolidated investments ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $10.90M USD 1 Quarter
Distributions from equity earnings from unconsolidated investments ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $12.25M USD 1 Quarter
Asset impairment AssetImpairmentCharges $2.03M USD 1 Quarter
Asset impairment AssetImpairmentCharges - USD 1 Quarter
Gain on asset sales GainLossOnDispositionOfAssets1 $2.07M USD 1 Quarter
Gain on asset sales GainLossOnDispositionOfAssets1 $21.93M USD 1 Quarter
Equity earnings from unconsolidated investment EquityMethodInvestmentSummarizedFinancialInformationRevenue $12.52M USD 1 Quarter
Equity earnings from unconsolidated investment EquityMethodInvestmentSummarizedFinancialInformationRevenue $9.80M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $1.89M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $1.06M USD 1 Quarter
Other, netaffiliates OtherOperatingActivitiesCashFlowStatementAffiliates $664.00K USD 1 Quarter
Other, netaffiliates OtherOperatingActivitiesCashFlowStatementAffiliates $7.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-5.78M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-15.11M USD 1 Quarter
Accounts receivableaffiliates IncreaseDecreaseInAccountsReceivableRelatedParties $661.00K USD 1 Quarter
Accounts receivableaffiliates IncreaseDecreaseInAccountsReceivableRelatedParties $-3.64M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-2.64M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-48.00K USD 1 Quarter
Accounts payableaffiliates IncreaseDecreaseInAccountsPayableRelatedParties $-237.00K USD 1 Quarter
Accounts payableaffiliates IncreaseDecreaseInAccountsPayableRelatedParties $-14.00K USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-5.90M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-5.35M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $5.84M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $-4.06M USD 1 Quarter
Deferred revenueaffiliates IncreaseDecreaseInDeferredRevenueAffiliates $-985.00K USD 1 Quarter
Deferred revenueaffiliates IncreaseDecreaseInDeferredRevenueAffiliates $-738.00K USD 1 Quarter
Other items, net IncreaseDecreaseInOtherOperatingAssets $-103.00K USD 1 Quarter
Other items, net IncreaseDecreaseInOtherOperatingAssets $-1.15M USD 1 Quarter
Other items, netaffiliates IncreaseDecreaseInOtherOperatingAssetsAffiliates $739.00K USD 1 Quarter
Other items, netaffiliates IncreaseDecreaseInOtherOperatingAssetsAffiliates $-1.12M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $55.47M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $19.43M USD 1 Quarter
Acquisition of mineral rights PaymentsToAcquireMineralRights $2.73M USD 1 Quarter
Acquisition of mineral rights PaymentsToAcquireMineralRights $16.79M USD 1 Quarter
Acquisition of plant and equipment and other PaymentsToAcquirePropertyPlantAndEquipment $1.36M USD 1 Quarter
Acquisition of plant and equipment and other PaymentsToAcquirePropertyPlantAndEquipment $2.22M USD 1 Quarter
Proceeds from sale of plant and equipment and other ProceedsFromSaleOfProductiveAssets $3.00K USD 1 Quarter
Proceeds from sale of plant and equipment and other ProceedsFromSaleOfProductiveAssets $905.00K USD 1 Quarter
Proceeds from sale of oil and gas properties ProceedsFromSaleOfOilAndGasPropertyAndEquipment $3.40M USD 1 Quarter
Proceeds from sale of oil and gas properties ProceedsFromSaleOfOilAndGasPropertyAndEquipment $32.85M USD 1 Quarter
Proceeds from sale of coal and hard mineral royalty properties ProceedsFromSaleOfMineralRights $9.80M USD 1 Quarter
Proceeds from sale of coal and hard mineral royalty properties ProceedsFromSaleOfMineralRights $866.00K USD 1 Quarter
Return of long-term contract receivablesaffiliate ProceedsFromCollectionOfLeaseReceivablesAffiliates $1.14M USD 1 Quarter
Return of long-term contract receivablesaffiliate ProceedsFromCollectionOfLeaseReceivablesAffiliates $309.00K USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $38.02M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-11.85M USD 1 Quarter
Proceeds from loans ProceedsFromIssuanceOfLongTermDebt - USD 1 Quarter
Proceeds from loans ProceedsFromIssuanceOfLongTermDebt $25.00M USD 1 Quarter
Repayments of loans RepaymentsOfLongTermDebt $41.17M USD 1 Quarter
Repayments of loans RepaymentsOfLongTermDebt $51.17M USD 1 Quarter
Distributions to partners DistributionMadeToLimitedPartnerCashDistributionsPaid $43.68M USD 1 Quarter
Distributions to partners DistributionMadeToLimitedPartnerCashDistributionsPaid $42.80M USD Point-in-time
Distributions to partners DistributionMadeToLimitedPartnerCashDistributionsPaid $5.62M USD 1 Quarter
Distributions to partners DistributionMadeToLimitedPartnerCashDistributionsPaid $5.50M USD Point-in-time
Distributions to non-controlling interest PaymentsOfDistributionsToAffiliates - USD 1 Quarter
Distributions to non-controlling interest PaymentsOfDistributionsToAffiliates $662.00K USD 1 Quarter
Debt issue costs and other PaymentsOfFinancingCosts $338.00K USD 1 Quarter
Debt issue costs and other PaymentsOfFinancingCosts $-83.00K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-57.12M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-60.42M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-16.80M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $324.00K USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $51.77M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $33.27M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $52.10M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $50.08M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $51.77M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $33.27M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $52.10M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $50.08M USD Point-in-time
Cash paid during the period for interest InterestPaid $14.34M USD 1 Quarter
Cash paid during the period for interest InterestPaid $13.81M USD 1 Quarter
Plant, equipment and mineral rights funded with accounts payable or accrued liabilities CapitalExpendituresIncurredButNotYetPaid $3.76M USD 1 Quarter
Plant, equipment and mineral rights funded with accounts payable or accrued liabilities CapitalExpendituresIncurredButNotYetPaid $811.00K USD 1 Quarter
Stockholders Equity 12 line items
Line Item Tag Value Unit Period
Balance, beginning of period PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $90.28M USD Point-in-time
Balance, beginning of period PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $72.94M USD Point-in-time
Distributions to unitholders PartnersCapitalAccountDistributions $43.68M USD Point-in-time
Distributions to unitholders PartnersCapitalAccountDistributions $5.62M USD 1 Quarter
Distributions to unitholders PartnersCapitalAccountDistributions $5.62M USD Point-in-time
Net income NetIncomeLoss $23.43M USD 1 Quarter
Net income NetIncomeLoss $17.49M USD 1 Quarter
Non-cash contributions PartnersCapitalAccountNonCashContributions $67.00K USD 1 Quarter
Comprehensive loss from unconsolidated investment and other OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-545.00K USD 1 Quarter
Comprehensive loss from unconsolidated investment and other OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-965.00K USD 1 Quarter
Balance, end of period PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $90.28M USD Point-in-time
Balance, end of period PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $72.94M USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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