10-Q Filing

DORCHESTER MINERALS, L.P. CIK: 1172358 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001437749-19-008552`
Period End Date	20190331
Filing Date	20190502
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	dmlp-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 20 Cash Flow Statement 22 Stockholders Equity 22

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.39M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.91M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.83M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.29M	USD	Point-in-time
Trade and other receivables	`AccountsReceivableGrossCurrent`	$7.11M	USD	Point-in-time
Trade and other receivables	`AccountsReceivableGrossCurrent`	$6.63M	USD	Point-in-time
Net profits interests receivable - related party	`AccountsReceivableRelatedPartiesCurrent`	$4.98M	USD	Point-in-time
Net profits interests receivable - related party	`AccountsReceivableRelatedPartiesCurrent`	$5.20M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$30.12M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$31.99M	USD	Point-in-time
Oil and natural gas properties (full cost method)	`OilAndGasPropertyFullCostMethodGross`	$363.20M	USD	Point-in-time
Oil and natural gas properties (full cost method)	`OilAndGasPropertyFullCostMethodGross`	$406.08M	USD	Point-in-time
Accumulated full cost depletion	`OilAndGasPropertyFullCostMethodDepletion`	$308.62M	USD	Point-in-time
Accumulated full cost depletion	`OilAndGasPropertyFullCostMethodDepletion`	$306.33M	USD	Point-in-time
Total	`OilAndGasPropertyFullCostMethodNet`	$97.47M	USD	Point-in-time
Total	`OilAndGasPropertyFullCostMethodNet`	$56.87M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$1.82M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$1.90M	USD	Point-in-time
Total assets	`Assets`	$132.19M	USD	Point-in-time
Total assets	`Assets`	$87.92M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.26M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$421.00K	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityCurrent`	$301.00K	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Deferred rent incentive	`DeferredRentCreditCurrent`	$65.00K	USD	Point-in-time
Deferred rent incentive	`DeferredRentCreditCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$486.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.56M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$2.42M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Deferred rent incentive	`DeferredRentCreditNoncurrent`	$790.00K	USD	Point-in-time
Deferred rent incentive	`DeferredRentCreditNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$4.97M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.28M	USD	Point-in-time
Commitments and contingencies (Note 2)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 2)	`CommitmentsAndContingencies`	-	USD	Point-in-time
General partner	`GeneralPartnersCapitalAccount`	$1.71M	USD	Point-in-time
General partner	`GeneralPartnersCapitalAccount`	$1.83M	USD	Point-in-time
Unitholders	`LimitedPartnersCapitalAccount`	$84.82M	USD	Point-in-time
Unitholders	`LimitedPartnersCapitalAccount`	$125.50M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$90.75M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$88.77M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$86.65M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$127.21M	USD	Point-in-time
Total liabilities and partnership capital	`LiabilitiesAndStockholdersEquity`	$132.19M	USD	Point-in-time
Total liabilities and partnership capital	`LiabilitiesAndStockholdersEquity`	$87.92M	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$19.03M	USD	1 Quarter
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$15.88M	USD	1 Quarter
Operating, including production taxes	`CostOfGoodsAndServicesSold`	$1.26M	USD	1 Quarter
Operating, including production taxes	`CostOfGoodsAndServicesSold`	$1.61M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$2.31M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$2.18M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.13M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.48M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$5.05M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$4.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.98M	USD	1 Quarter
General partner	`NetIncomeLossAllocatedToGeneralPartners`	$374.00K	USD	1 Quarter
General partner	`NetIncomeLossAllocatedToGeneralPartners`	$446.00K	USD	1 Quarter
Unitholders	`NetIncomeLossAllocatedToLimitedPartners`	$10.59M	USD	1 Quarter
Unitholders	`NetIncomeLossAllocatedToLimitedPartners`	$13.53M	USD	1 Quarter
Net income per common unit (basic and diluted) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.33	USD	1 Quarter
Net income per common unit (basic and diluted) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.42	USD	1 Quarter
Weighted average basis and diluted common units outstanding (000's) (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	32.36M	shares	1 Quarter
Weighted average basis and diluted common units outstanding (000's) (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	32.28M	shares	1 Quarter

Cash Flow Statement 22 line items

Line Item	Tag	Value	Unit	Period
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$17.69M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$14.48M	USD	1 Quarter
Net cash contributed in acquisition	`PaymentsForProceedsFromAcquisitionOfRoyaltyInterests`	$-52.00K	USD	1 Quarter
Net cash contributed in acquisition	`PaymentsForProceedsFromAcquisitionOfRoyaltyInterests`	$-1.17M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$34.00K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	-	USD	1 Quarter
Total cash flows provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.17M	USD	1 Quarter
Total cash flows provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$18.00K	USD	1 Quarter
Distributions paid to general partner and unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$12.94M	USD	1 Quarter
Distributions paid to general partner and unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$17.24M	USD	1 Quarter
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.62M	USD	1 Quarter
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.56M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$15.39M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$19.91M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$13.83M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$18.29M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$15.39M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$19.91M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$13.83M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$18.29M	USD	Point-in-time
Fair value of common units issued for acquisition	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$43.82M	USD	1 Quarter
Fair value of common units issued for acquisition	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	-	USD	1 Quarter

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Balance	`PartnersCapital`	$90.75M	USD	Point-in-time
Balance	`PartnersCapital`	$88.77M	USD	Point-in-time
Balance	`PartnersCapital`	$86.65M	USD	Point-in-time
Balance	`PartnersCapital`	$127.21M	USD	Point-in-time
Balance (in shares)	`PartnersCapitalAccountUnits`	32.28M	shares	Point-in-time
Balance (in shares)	`PartnersCapitalAccountUnits`	34.68M	shares	Point-in-time
Balance (in shares)	`PartnersCapitalAccountUnits`	32.28M	shares	Point-in-time
Balance (in shares)	`PartnersCapitalAccountUnits`	32.28M	shares	Point-in-time
Net income	`NetIncomeLoss`	$10.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.98M	USD	1 Quarter
Distributions	`PartnersCapitalAccountDistributions`	$12.94M	USD	1 Quarter
Distributions	`PartnersCapitalAccountDistributions`	$17.24M	USD	1 Quarter
Acquisition of assets for units	`PartnersCapitalAccountAcquisitions`	$43.82M	USD	1 Quarter
Acquisition of assets for units (in shares)	`PartnersCapitalAccountUnitsAcquisitions`	2.40M	shares	1 Quarter
Balance	`PartnersCapital`	$90.75M	USD	Point-in-time
Balance	`PartnersCapital`	$88.77M	USD	Point-in-time
Balance	`PartnersCapital`	$86.65M	USD	Point-in-time
Balance	`PartnersCapital`	$127.21M	USD	Point-in-time
Balance (in shares)	`PartnersCapitalAccountUnits`	32.28M	shares	Point-in-time
Balance (in shares)	`PartnersCapitalAccountUnits`	34.68M	shares	Point-in-time
Balance (in shares)	`PartnersCapitalAccountUnits`	32.28M	shares	Point-in-time
Balance (in shares)	`PartnersCapitalAccountUnits`	32.28M	shares	Point-in-time

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