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10-Q Filing

NATURAL RESOURCE PARTNERS LP CIK: 1171486 Q1 2012
Filing Information
Form Type 10-Q
Accession Number 0001193125-12-210830
Period End Date 20120331
Filing Date 20120504
Fiscal Year 2012
Fiscal Period Q1
XBRL Instance nrp-20120331.xml
Filing Contents
Balance Sheet 63 line items
Line Item Tag Value Unit Period
Common units, outstanding LimitedPartnersCapitalAccountUnitsOutstanding 106.03M shares Point-in-time
Common units, outstanding LimitedPartnersCapitalAccountUnitsOutstanding 106.03M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $69.01M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $107.40M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $214.92M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $95.51M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts AccountsReceivableNetCurrent $30.92M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts AccountsReceivableNetCurrent $34.08M USD Point-in-time
Accounts receivable - affiliates AccountsReceivableRelatedPartiesCurrent $10.14M USD Point-in-time
Accounts receivable - affiliates AccountsReceivableRelatedPartiesCurrent $13.04M USD Point-in-time
Other OtherAssetsCurrent $632.00K USD Point-in-time
Other OtherAssetsCurrent $832.00K USD Point-in-time
Total current assets AssetsCurrent $155.15M USD Point-in-time
Total current assets AssetsCurrent $256.81M USD Point-in-time
Land Land $24.53M USD Point-in-time
Land Land $24.53M USD Point-in-time
Plant and equipment, net PlantAndEquipmentNet $46.19M USD Point-in-time
Plant and equipment, net PlantAndEquipmentNet $54.42M USD Point-in-time
Coal and other mineral rights, net MineralPropertiesNet $1.31B USD Point-in-time
Coal and other mineral rights, net MineralPropertiesNet $1.26B USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $74.21M USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $75.16M USD Point-in-time
Loan financing costs, net DeferredFinanceCostsNoncurrentNet $4.71M USD Point-in-time
Loan financing costs, net DeferredFinanceCostsNoncurrentNet $4.85M USD Point-in-time
Long-term contracts - affiliate LongTermContractualOverrideAffiliates $47.66M USD Point-in-time
Other assets, net OtherAssetsNoncurrent $604.00K USD Point-in-time
Other assets, net OtherAssetsNoncurrent $604.00K USD Point-in-time
Total assets Assets $1.67B USD Point-in-time
Total assets Assets $1.67B USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $2.37M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $2.69M USD Point-in-time
Accounts payable - affiliates AccountsPayableRelatedPartiesCurrent $1.14M USD Point-in-time
Accounts payable - affiliates AccountsPayableRelatedPartiesCurrent $375.00K USD Point-in-time
Obligation related to acquisitions ObligationRelatedToAcquisition $500.00K USD Point-in-time
Obligation related to acquisitions ObligationRelatedToAcquisition $500.00K USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $52.23M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $30.80M USD Point-in-time
Accrued incentive plan expenses - current portion AccruedIncentivePlanExpensesCurrentPortion $6.57M USD Point-in-time
Accrued incentive plan expenses - current portion AccruedIncentivePlanExpensesCurrentPortion $8.37M USD Point-in-time
Property, franchise and other taxes payable TaxesPayableCurrent $3.82M USD Point-in-time
Property, franchise and other taxes payable TaxesPayableCurrent $6.32M USD Point-in-time
Accrued interest InterestPayableCurrent $10.76M USD Point-in-time
Accrued interest InterestPayableCurrent $7.87M USD Point-in-time
Total current liabilities LiabilitiesCurrent $74.81M USD Point-in-time
Total current liabilities LiabilitiesCurrent $59.49M USD Point-in-time
Deferred revenue DeferredRevenueNoncurrent $113.30M USD Point-in-time
Deferred revenue DeferredRevenueNoncurrent $109.37M USD Point-in-time
Accrued incentive plan expenses AccruedIncentivePlanExpenses $6.88M USD Point-in-time
Accrued incentive plan expenses AccruedIncentivePlanExpenses $11.67M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $846.65M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $836.27M USD Point-in-time
Common units outstanding (106,027,836) LimitedPartnersCapitalAccount $629.25M USD Point-in-time
Common units outstanding (106,027,836) LimitedPartnersCapitalAccount $621.22M USD Point-in-time
General partner's interest GeneralPartnersCapitalAccount $10.35M USD Point-in-time
General partner's interest GeneralPartnersCapitalAccount $10.52M USD Point-in-time
Non-controlling interest MinorityInterest $3.07M USD Point-in-time
Non-controlling interest MinorityInterest $5.64M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-483.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-493.00K USD Point-in-time
Total partners' capital PartnersCapital $644.91M USD Point-in-time
Total partners' capital PartnersCapital $634.16M USD Point-in-time
Total liabilities and partners' capital LiabilitiesAndStockholdersEquity $1.67B USD Point-in-time
Total liabilities and partners' capital LiabilitiesAndStockholdersEquity $1.67B USD Point-in-time
Income Statement 54 line items
Line Item Tag Value Unit Period
Coal royalties RoyaltyRevenueFromCoal $65.36M USD 1 Quarter
Coal royalties RoyaltyRevenueFromCoal $59.92M USD 1 Quarter
Aggregate royalties RoyaltyRevenue $1.19M USD 1 Quarter
Aggregate royalties RoyaltyRevenue $1.72M USD 1 Quarter
Processing fees CoalProcessingFees $3.09M USD 1 Quarter
Processing fees CoalProcessingFees $2.13M USD 1 Quarter
Transportation fees TransportationFees $4.11M USD 1 Quarter
Transportation fees TransportationFees $4.10M USD 1 Quarter
Oil and gas royalties RoyaltiesRevenue $2.99M USD 1 Quarter
Oil and gas royalties RoyaltiesRevenue $1.39M USD 1 Quarter
Property taxes TenantReimbursements $3.01M USD 1 Quarter
Property taxes TenantReimbursements $4.49M USD 1 Quarter
Minimums recognized as revenue RecognitionOfDeferredRevenue $11.71M USD 1 Quarter
Minimums recognized as revenue RecognitionOfDeferredRevenue $507.00K USD 1 Quarter
Override royalties OverrideRoyalties $5.14M USD 1 Quarter
Override royalties OverrideRoyalties $3.04M USD 1 Quarter
Other OtherSalesRevenueNet $1.27M USD 1 Quarter
Other OtherSalesRevenueNet $1.55M USD 1 Quarter
Total revenues SalesRevenueNet $84.85M USD 1 Quarter
Total revenues SalesRevenueNet $91.87M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $12.41M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $14.32M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $8.95M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $10.20M USD 1 Quarter
Property, franchise and other taxes TaxesOther $5.02M USD 1 Quarter
Property, franchise and other taxes TaxesOther $3.70M USD 1 Quarter
Transportation costs TransportationCosts $473.00K USD 1 Quarter
Transportation costs TransportationCosts $468.00K USD 1 Quarter
Coal royalty and override payments CoalRoyaltyAndOverridePayments $308.00K USD 1 Quarter
Coal royalty and override payments CoalRoyaltyAndOverridePayments $200.00K USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $28.99M USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $27.05M USD 1 Quarter
Income from operations OperatingIncomeLoss $64.82M USD 1 Quarter
Income from operations OperatingIncomeLoss $55.86M USD 1 Quarter
Interest expense InterestExpense $10.59M USD 1 Quarter
Interest expense InterestExpense $13.56M USD 1 Quarter
Interest income InvestmentIncomeInterest $45.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $8.00K USD 1 Quarter
Income before non-controlling interest ProfitLoss $51.31M USD 1 Quarter
Income before non-controlling interest ProfitLoss $45.28M USD 1 Quarter
Less non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Less non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Net income NetIncomeLoss $45.28M USD 1 Quarter
Net income NetIncomeLoss $51.31M USD 1 Quarter
General partner NetIncomeLossAllocatedToGeneralPartners $906.00K USD 1 Quarter
General partner NetIncomeLossAllocatedToGeneralPartners $1.03M USD 1 Quarter
Limited partners NetIncomeLossAllocatedToLimitedPartners $44.38M USD 1 Quarter
Limited partners NetIncomeLossAllocatedToLimitedPartners $50.28M USD 1 Quarter
Basic and diluted net income per limited partner unit BasicAndDilutedNetIncomePerLimitedPartnerUnit $0.47 USD 1 Quarter
Basic and diluted net income per limited partner unit BasicAndDilutedNetIncomePerLimitedPartnerUnit $0.42 USD 1 Quarter
Weighted average number of units outstanding WeightedAverageLimitedPartnershipUnitsOutstanding 106.03M shares 1 Quarter
Weighted average number of units outstanding WeightedAverageLimitedPartnershipUnitsOutstanding 106.03M shares 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $51.32M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $45.29M USD 1 Quarter
Cash Flow Statement 52 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $45.28M USD 1 Quarter
Net income NetIncomeLoss $51.31M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $12.41M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $14.32M USD 1 Quarter
Non-cash interest charge, net NonCashInterestChargeNet $150.00K USD 1 Quarter
Non-cash interest charge, net NonCashInterestChargeNet $149.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $1.24M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $4.53M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-200.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-222.00K USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $1.08M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-1.15M USD 1 Quarter
Accrued interest IncreaseDecreaseInInterestPayableNet $-2.90M USD 1 Quarter
Accrued interest IncreaseDecreaseInInterestPayableNet $-7.03M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $-2.45M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $5.43M USD 1 Quarter
Accrued incentive plan expenses IncreaseDecreaseInAccruedIncentivePlanExpenses $-6.59M USD 1 Quarter
Accrued incentive plan expenses IncreaseDecreaseInAccruedIncentivePlanExpenses $-2.83M USD 1 Quarter
Property, franchise and other taxes payable IncreaseDecreaseInPropertyAndOtherTaxesPayable $-2.84M USD 1 Quarter
Property, franchise and other taxes payable IncreaseDecreaseInPropertyAndOtherTaxesPayable $-2.49M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $47.03M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $49.48M USD 1 Quarter
Acquisition of land, coal and other mineral rights PaymentsToAcquireMineralRights $84.82M USD 1 Quarter
Acquisition of land, coal and other mineral rights PaymentsToAcquireMineralRights $67.73M USD 1 Quarter
Acquisition or construction of plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $10.13M USD 1 Quarter
Acquisition or construction of plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $162.00K USD 1 Quarter
Proceeds from sale of assets ProceedsFromSaleOfProductiveAssets $100.00K USD 1 Quarter
Acquisition of contracts - affiliate PaymentsToAcquireContractualOverrideAffiliates $48.88M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-126.73M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-84.88M USD 1 Quarter
Proceeds from loans ProceedsFromIssuanceOfLongTermDebt $47.00M USD 1 Quarter
Proceeds from loans ProceedsFromIssuanceOfLongTermDebt $85.00M USD 1 Quarter
Repayment of loans RepaymentsOfLongTermDebt $15.19M USD 1 Quarter
Repayment of loans RepaymentsOfLongTermDebt $15.19M USD 1 Quarter
Costs associated with equity transactions CostsAssociatedWithIssuanceOfUnits $32.00K USD 1 Quarter
Distributions to partners DistributionMadeToMemberOrLimitedPartnerCashDistributionsPaid $58.42M USD 1 Quarter
Distributions to partners DistributionMadeToMemberOrLimitedPartnerCashDistributionsPaid $62.08M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-30.27M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $11.35M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-107.52M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-26.50M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $69.01M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $107.40M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $214.92M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $95.51M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $69.01M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $107.40M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $214.92M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $95.51M USD Point-in-time
Cash paid during the period for interest InterestPaid $17.46M USD 1 Quarter
Cash paid during the period for interest InterestPaid $16.29M USD 1 Quarter
Obligation related to purchase of reserves and infrastructure PurchaseObligationRelatedToReserveAndInfrastructureAcquisition $6.03M USD 1 Quarter
Stockholders Equity 9 line items
Line Item Tag Value Unit Period
Beginning Balance PartnersCapital $644.91M USD Point-in-time
Beginning Balance PartnersCapital $634.16M USD Point-in-time
Distributions PartnersCapitalAccountDistributions $62.08M USD 1 Quarter
Net income NetIncomeLoss $45.28M USD 1 Quarter
Net income NetIncomeLoss $51.31M USD 1 Quarter
Loss on interest hedge OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $10.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $51.32M USD 1 Quarter
Ending Balance PartnersCapital $644.91M USD Point-in-time
Ending Balance PartnersCapital $634.16M USD Point-in-time

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

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