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10-Q Filing

NATURAL RESOURCE PARTNERS LP CIK: 1171486 Q2 2012
Filing Information
Form Type 10-Q
Accession Number 0001193125-12-339636
Period End Date 20120630
Filing Date 20120807
Fiscal Year 2012
Fiscal Period Q2
XBRL Instance nrp-20120630.xml
Filing Contents
Balance Sheet 62 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 $214.92M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $121.97M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $145.71M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $95.51M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts AccountsReceivableNetCurrent $33.03M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts AccountsReceivableNetCurrent $30.92M USD Point-in-time
Accounts receivable - affiliates AccountsReceivableRelatedPartiesCurrent $10.14M USD Point-in-time
Accounts receivable - affiliates AccountsReceivableRelatedPartiesCurrent $12.90M USD Point-in-time
Other OtherAssetsCurrent $832.00K USD Point-in-time
Other OtherAssetsCurrent $526.00K USD Point-in-time
Total current assets AssetsCurrent $168.43M USD Point-in-time
Total current assets AssetsCurrent $256.81M USD Point-in-time
Land Land $24.53M USD Point-in-time
Land Land $24.52M USD Point-in-time
Plant and equipment, net PlantAndEquipmentNet $42.97M USD Point-in-time
Plant and equipment, net PlantAndEquipmentNet $46.19M USD Point-in-time
Coal and other mineral rights, net MineralPropertiesNet $1.32B USD Point-in-time
Coal and other mineral rights, net MineralPropertiesNet $1.26B USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $75.16M USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $72.97M USD Point-in-time
Loan financing costs, net DeferredFinanceCostsNoncurrentNet $4.85M USD Point-in-time
Loan financing costs, net DeferredFinanceCostsNoncurrentNet $4.57M USD Point-in-time
Long-term contracts receivable - affiliate LongTermContractualOverrideAffiliates $55.37M USD Point-in-time
Other assets, net OtherAssetsNoncurrent $886.00K USD Point-in-time
Other assets, net OtherAssetsNoncurrent $604.00K USD Point-in-time
Total assets Assets $1.69B 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 $2.90M USD Point-in-time
Accounts payable - affiliates AccountsPayableRelatedPartiesCurrent $375.00K USD Point-in-time
Accounts payable - affiliates AccountsPayableRelatedPartiesCurrent $398.00K USD Point-in-time
Obligation related to acquisitions ObligationRelatedToAcquisition $500.00K USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $30.80M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $87.23M USD Point-in-time
Accrued incentive plan expenses - current portion AccruedIncentivePlanExpensesCurrentPortion $8.37M USD Point-in-time
Accrued incentive plan expenses - current portion AccruedIncentivePlanExpensesCurrentPortion $6.98M USD Point-in-time
Property, franchise and other taxes payable TaxesPayableCurrent $5.73M 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 $10.60M USD Point-in-time
Total current liabilities LiabilitiesCurrent $59.49M USD Point-in-time
Total current liabilities LiabilitiesCurrent $113.85M USD Point-in-time
Deferred revenue DeferredRevenueNoncurrent $113.30M USD Point-in-time
Deferred revenue DeferredRevenueNoncurrent $118.37M USD Point-in-time
Accrued incentive plan expenses AccruedIncentivePlanExpenses $7.80M USD Point-in-time
Accrued incentive plan expenses AccruedIncentivePlanExpenses $11.67M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $829.73M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $836.27M USD Point-in-time
Common units outstanding (106,027,836) LimitedPartnersCapitalAccount $611.85M USD Point-in-time
Common units outstanding (106,027,836) LimitedPartnersCapitalAccount $629.25M USD Point-in-time
General partner's interest GeneralPartnersCapitalAccount $10.16M 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 $-470.00K 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 $624.60M USD Point-in-time
Total liabilities and partners' capital LiabilitiesAndStockholdersEquity $1.69B USD Point-in-time
Total liabilities and partners' capital LiabilitiesAndStockholdersEquity $1.67B USD Point-in-time
Income Statement 106 line items
Line Item Tag Value Unit Period
Coal royalties RoyaltyRevenueFromCoal $62.88M USD 1 Quarter
Coal royalties RoyaltyRevenueFromCoal $122.79M USD 2 Qtrs
Coal royalties RoyaltyRevenueFromCoal $136.61M USD 2 Qtrs
Coal royalties RoyaltyRevenueFromCoal $71.24M USD 1 Quarter
Aggregate royalties RoyaltyRevenue $1.70M USD 1 Quarter
Aggregate royalties RoyaltyRevenue $3.02M USD 2 Qtrs
Aggregate royalties RoyaltyRevenue $3.42M USD 2 Qtrs
Aggregate royalties RoyaltyRevenue $1.83M USD 1 Quarter
Processing fees CoalProcessingFees $6.26M USD 2 Qtrs
Processing fees CoalProcessingFees $3.17M USD 1 Quarter
Processing fees CoalProcessingFees $5.26M USD 2 Qtrs
Processing fees CoalProcessingFees $3.14M USD 1 Quarter
Transportation fees TransportationFees $3.75M USD 1 Quarter
Transportation fees TransportationFees $5.25M USD 1 Quarter
Transportation fees TransportationFees $9.35M USD 2 Qtrs
Transportation fees TransportationFees $7.84M USD 2 Qtrs
Oil and gas royalties RoyaltiesRevenue $4.99M USD 2 Qtrs
Oil and gas royalties RoyaltiesRevenue $5.47M USD 2 Qtrs
Oil and gas royalties RoyaltiesRevenue $4.08M USD 1 Quarter
Oil and gas royalties RoyaltiesRevenue $2.00M USD 1 Quarter
Property taxes TenantReimbursements $6.59M USD 2 Qtrs
Property taxes TenantReimbursements $7.82M USD 2 Qtrs
Property taxes TenantReimbursements $3.33M USD 1 Quarter
Property taxes TenantReimbursements $3.58M USD 1 Quarter
Minimums recognized as revenue RecognitionOfDeferredRevenue $2.52M USD 1 Quarter
Minimums recognized as revenue RecognitionOfDeferredRevenue $3.03M USD 2 Qtrs
Minimums recognized as revenue RecognitionOfDeferredRevenue $938.00K USD 1 Quarter
Minimums recognized as revenue RecognitionOfDeferredRevenue $12.65M USD 2 Qtrs
Override royalties OverrideRoyalties $3.49M USD 1 Quarter
Override royalties OverrideRoyalties $3.50M USD 1 Quarter
Override royalties OverrideRoyalties $8.64M USD 2 Qtrs
Override royalties OverrideRoyalties $6.54M USD 2 Qtrs
Other OtherSalesRevenueNet $4.96M USD 1 Quarter
Other OtherSalesRevenueNet $5.86M USD 1 Quarter
Other OtherSalesRevenueNet $6.51M USD 2 Qtrs
Other OtherSalesRevenueNet $7.13M USD 2 Qtrs
Total revenues SalesRevenueNet $96.53M USD 1 Quarter
Total revenues SalesRevenueNet $182.54M USD 2 Qtrs
Total revenues SalesRevenueNet $90.66M USD 1 Quarter
Total revenues SalesRevenueNet $181.38M USD 2 Qtrs
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $15.17M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $31.76M USD 2 Qtrs
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $17.43M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $27.58M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $16.64M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $15.98M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $6.44M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $7.03M USD 1 Quarter
Property, franchise and other taxes TaxesOther $3.31M USD 1 Quarter
Property, franchise and other taxes TaxesOther $7.00M USD 2 Qtrs
Property, franchise and other taxes TaxesOther $3.77M USD 1 Quarter
Property, franchise and other taxes TaxesOther $8.79M USD 2 Qtrs
Transportation costs TransportationCosts $991.00K USD 2 Qtrs
Transportation costs TransportationCosts $1.00M USD 2 Qtrs
Transportation costs TransportationCosts $523.00K USD 1 Quarter
Transportation costs TransportationCosts $527.00K USD 1 Quarter
Coal royalty and override payments CoalRoyaltyAndOverridePayments $467.00K USD 2 Qtrs
Coal royalty and override payments CoalRoyaltyAndOverridePayments $673.00K USD 1 Quarter
Coal royalty and override payments CoalRoyaltyAndOverridePayments $159.00K USD 1 Quarter
Coal royalty and override payments CoalRoyaltyAndOverridePayments $873.00K USD 2 Qtrs
Total operating costs and expenses CostsAndExpenses $27.86M USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $54.22M USD 2 Qtrs
Total operating costs and expenses CostsAndExpenses $56.85M USD 2 Qtrs
Total operating costs and expenses CostsAndExpenses $27.17M USD 1 Quarter
Income from operations OperatingIncomeLoss $68.67M USD 1 Quarter
Income from operations OperatingIncomeLoss $128.32M USD 2 Qtrs
Income from operations OperatingIncomeLoss $124.53M USD 2 Qtrs
Income from operations OperatingIncomeLoss $63.49M USD 1 Quarter
Interest expense InterestExpense $23.02M USD 2 Qtrs
Interest expense InterestExpense $27.14M USD 2 Qtrs
Interest expense InterestExpense $13.58M USD 1 Quarter
Interest expense InterestExpense $12.43M USD 1 Quarter
Interest income InvestmentIncomeInterest $69.00K USD 2 Qtrs
Interest income InvestmentIncomeInterest $16.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $24.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $24.00K USD 2 Qtrs
Income before non-controlling interest ProfitLoss $101.54M USD 2 Qtrs
Income before non-controlling interest ProfitLoss $101.25M USD 2 Qtrs
Income before non-controlling interest ProfitLoss $49.94M USD 1 Quarter
Income before non-controlling interest ProfitLoss $56.26M USD 1 Quarter
Less non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $51.00K USD 1 Quarter
Less non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $51.00K USD 2 Qtrs
Net income NetIncomeLoss $101.49M USD 2 Qtrs
Net income NetIncomeLoss $49.94M USD 1 Quarter
Net income NetIncomeLoss $101.25M USD 2 Qtrs
Net income NetIncomeLoss $56.21M USD 1 Quarter
General partner NetIncomeLossAllocatedToGeneralPartners $2.02M USD 2 Qtrs
General partner NetIncomeLossAllocatedToGeneralPartners $2.03M USD 2 Qtrs
General partner NetIncomeLossAllocatedToGeneralPartners $1.12M USD 1 Quarter
General partner NetIncomeLossAllocatedToGeneralPartners $999.00K USD 1 Quarter
Limited partners NetIncomeLossAllocatedToLimitedPartners $48.94M USD 1 Quarter
Limited partners NetIncomeLossAllocatedToLimitedPartners $99.22M USD 2 Qtrs
Limited partners NetIncomeLossAllocatedToLimitedPartners $55.08M USD 1 Quarter
Limited partners NetIncomeLossAllocatedToLimitedPartners $99.46M USD 2 Qtrs
Basic and diluted net income per limited partner unit BasicAndDilutedNetIncomePerLimitedPartnerUnit $0.52 USD 1 Quarter
Basic and diluted net income per limited partner unit BasicAndDilutedNetIncomePerLimitedPartnerUnit $0.94 USD 2 Qtrs
Basic and diluted net income per limited partner unit BasicAndDilutedNetIncomePerLimitedPartnerUnit $0.94 USD 2 Qtrs
Basic and diluted net income per limited partner unit BasicAndDilutedNetIncomePerLimitedPartnerUnit $0.46 USD 1 Quarter
Weighted average number of units outstanding WeightedAverageLimitedPartnershipUnitsOutstanding 106.03M shares 2 Qtrs
Weighted average number of units outstanding WeightedAverageLimitedPartnershipUnitsOutstanding 106.03M shares 2 Qtrs
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 $56.22M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $101.27M USD 2 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $101.51M USD 2 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $49.95M USD 1 Quarter
Cash Flow Statement 65 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $101.49M USD 2 Qtrs
Net income NetIncomeLoss $49.94M USD 1 Quarter
Net income NetIncomeLoss $101.25M USD 2 Qtrs
Net income NetIncomeLoss $56.21M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $15.17M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $31.76M USD 2 Qtrs
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $17.43M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $27.58M USD 2 Qtrs
Gains on sale of assets GainLossOnSaleOfPropertyPlantEquipment $4.11M USD 2 Qtrs
Gain on reserve swap GainLossOnDerivativeInstrumentsNetPretax $2.99M USD 2 Qtrs
Non-cash interest charge, net NonCashInterestChargeNet $300.00K USD 2 Qtrs
Non-cash interest charge, net NonCashInterestChargeNet $268.00K USD 2 Qtrs
Non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $51.00K USD 1 Quarter
Non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $51.00K USD 2 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $-5.85M USD 2 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $3.79M USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $-24.00K USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $-532.00K USD 2 Qtrs
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $562.00K USD 2 Qtrs
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-485.00K USD 2 Qtrs
Accrued interest IncreaseDecreaseInInterestPayableNet $-158.00K USD 2 Qtrs
Accrued interest IncreaseDecreaseInInterestPayableNet $1.87M USD 2 Qtrs
Deferred revenue IncreaseDecreaseInDeferredRevenue $6.55M USD 2 Qtrs
Deferred revenue IncreaseDecreaseInDeferredRevenue $12.52M USD 2 Qtrs
Accrued incentive plan expenses IncreaseDecreaseInAccruedIncentivePlanExpenses $-5.26M USD 2 Qtrs
Accrued incentive plan expenses IncreaseDecreaseInAccruedIncentivePlanExpenses $-1.13M USD 2 Qtrs
Property, franchise and other taxes payable IncreaseDecreaseInPropertyAndOtherTaxesPayable $-1.41M USD 2 Qtrs
Property, franchise and other taxes payable IncreaseDecreaseInPropertyAndOtherTaxesPayable $-582.00K USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $138.68M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $132.01M USD 2 Qtrs
Acquisition of land, coal and other mineral rights PaymentsToAcquireMineralRights $94.45M USD 2 Qtrs
Acquisition of land, coal and other mineral rights PaymentsToAcquireMineralRights $99.37M USD 2 Qtrs
Acquisition or construction of plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $492.00K USD 2 Qtrs
Acquisition or construction of plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $325.00K USD 2 Qtrs
Proceeds from sale of assets ProceedsFromSaleOfProductiveAssets $285.00K USD 2 Qtrs
Proceeds from sale of assets ProceedsFromSaleOfProductiveAssets $1.10M USD 2 Qtrs
Return on direct financing lease and contractual override ReturnOnDirectFinancingLeaseAndContractualOverride $904.00K USD 2 Qtrs
Acquisition of contracts PaymentsToAcquireContractualOverrideAffiliates $59.01M USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-152.76M USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-98.59M USD 2 Qtrs
Proceeds from loans ProceedsFromIssuanceOfLongTermDebt $335.00M USD 2 Qtrs
Proceeds from loans ProceedsFromIssuanceOfLongTermDebt $73.00M USD 2 Qtrs
Repayment of loans RepaymentsOfLongTermDebt $202.83M USD 2 Qtrs
Repayment of loans RepaymentsOfLongTermDebt $23.11M USD 2 Qtrs
Deferred financing costs PaymentsOfFinancingCosts $1.05M USD 2 Qtrs
Repayment of obligation related to acquisitions RepaymentOfPurchaseObligations $4.03M USD 2 Qtrs
Repayment of obligation related to acquisitions RepaymentOfPurchaseObligations $500.00K USD 2 Qtrs
Costs associated with equity transactions CostsAssociatedWithIssuanceOfUnits $140.00K USD 2 Qtrs
Distributions to partners DistributionMadeToMemberOrLimitedPartnerCashDistributionsPaid $116.84M USD 2 Qtrs
Distributions to partners DistributionMadeToMemberOrLimitedPartnerCashDistributionsPaid $121.58M USD 2 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-72.19M USD 2 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $10.11M USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-92.95M USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $50.20M USD 2 Qtrs
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $214.92M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $121.97M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $145.71M 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 $214.92M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $121.97M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $145.71M 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 $20.86M USD 2 Qtrs
Cash paid during the period for interest InterestPaid $26.98M USD 2 Qtrs
Obligation related to purchase of reserves and infrastructure PurchaseObligationRelatedToReserveAndInfrastructureAcquisition $4.10M USD 2 Qtrs
Stockholders Equity 11 line items
Line Item Tag Value Unit Period
Beginning Balance PartnersCapital $644.91M USD Point-in-time
Beginning Balance PartnersCapital $624.60M USD Point-in-time
Distributions PartnersCapitalAccountDistributions $121.58M USD 2 Qtrs
Net income NetIncomeLoss $101.49M USD 2 Qtrs
Net income NetIncomeLoss $49.94M USD 1 Quarter
Net income NetIncomeLoss $101.25M USD 2 Qtrs
Net income NetIncomeLoss $56.21M USD 1 Quarter
Loss on interest hedge OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $23.00K USD 2 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTax $101.27M USD 2 Qtrs
Ending Balance PartnersCapital $644.91M USD Point-in-time
Ending Balance PartnersCapital $624.60M USD Point-in-time

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

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