10-Q Filing

DORCHESTER MINERALS, L.P. CIK: 1172358 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001437749-19-015164`
Period End Date	20190630
Filing Date	20190801
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	dmlp-20190630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 40 Cash Flow Statement 24 Stockholders Equity 33

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.83M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.61M	USD	Point-in-time
Trade and other receivables	`AccountsReceivableGrossCurrent`	$7.41M	USD	Point-in-time
Trade and other receivables	`AccountsReceivableGrossCurrent`	$6.63M	USD	Point-in-time
Net profits interests receivable - related party	`AccountsReceivableRelatedPartiesCurrent`	$5.20M	USD	Point-in-time
Net profits interests receivable - related party	`AccountsReceivableRelatedPartiesCurrent`	$4.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$32.53M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$30.12M	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`	$405.73M	USD	Point-in-time
Accumulated full cost depletion	`OilAndGasPropertyFullCostMethodDepletion`	$306.33M	USD	Point-in-time
Accumulated full cost depletion	`OilAndGasPropertyFullCostMethodDepletion`	$312.53M	USD	Point-in-time
Total	`OilAndGasPropertyFullCostMethodNet`	$56.87M	USD	Point-in-time
Total	`OilAndGasPropertyFullCostMethodNet`	$93.20M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$1.76M	USD	Point-in-time
Total assets	`Assets`	$128.39M	USD	Point-in-time
Total assets	`Assets`	$87.92M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$421.00K	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.21M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityCurrent`	$305.00K	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`	$2.52M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$2.34M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Deferred rent incentive	`DeferredRentCreditNoncurrent`	-	USD	Point-in-time
Deferred rent incentive	`DeferredRentCreditNoncurrent`	$790.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.28M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.86M	USD	Point-in-time
Commitments and contingencies (Note 3)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 3)	`CommitmentsAndContingencies`	-	USD	Point-in-time
General partner	`GeneralPartnersCapitalAccount`	$1.61M	USD	Point-in-time
General partner	`GeneralPartnersCapitalAccount`	$1.83M	USD	Point-in-time
Unitholders	`LimitedPartnersCapitalAccount`	$84.82M	USD	Point-in-time
Unitholders	`LimitedPartnersCapitalAccount`	$121.92M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$127.21M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$86.65M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$90.75M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$123.53M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$88.77M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$91.18M	USD	Point-in-time
Total liabilities and partnership capital	`LiabilitiesAndStockholdersEquity`	$87.92M	USD	Point-in-time
Total liabilities and partnership capital	`LiabilitiesAndStockholdersEquity`	$128.39M	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$37.01M	USD	2 Qtrs
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$20.60M	USD	1 Quarter
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$39.63M	USD	2 Qtrs
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$21.12M	USD	1 Quarter
Operating, including production taxes	`CostOfGoodsAndServicesSold`	$1.79M	USD	1 Quarter
Operating, including production taxes	`CostOfGoodsAndServicesSold`	$1.32M	USD	1 Quarter
Operating, including production taxes	`CostOfGoodsAndServicesSold`	$2.57M	USD	2 Qtrs
Operating, including production taxes	`CostOfGoodsAndServicesSold`	$3.40M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$2.28M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$6.24M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$3.93M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$4.47M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.64M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.16M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.42M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.28M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$12.06M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$4.76M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$9.68M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$7.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$27.57M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$13.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$27.33M	USD	2 Qtrs
General partner	`NetIncomeLossAllocatedToGeneralPartners`	$950.00K	USD	2 Qtrs
General partner	`NetIncomeLossAllocatedToGeneralPartners`	$901.00K	USD	2 Qtrs
General partner	`NetIncomeLossAllocatedToGeneralPartners`	$576.00K	USD	1 Quarter
General partner	`NetIncomeLossAllocatedToGeneralPartners`	$455.00K	USD	1 Quarter
Unitholders	`NetIncomeLossAllocatedToLimitedPartners`	$15.79M	USD	1 Quarter
Unitholders	`NetIncomeLossAllocatedToLimitedPartners`	$26.38M	USD	2 Qtrs
Unitholders	`NetIncomeLossAllocatedToLimitedPartners`	$26.67M	USD	2 Qtrs
Unitholders	`NetIncomeLossAllocatedToLimitedPartners`	$13.14M	USD	1 Quarter
Net income per common unit (basic and diluted) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.49	USD	1 Quarter
Net income per common unit (basic and diluted) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.38	USD	1 Quarter
Net income per common unit (basic and diluted) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.82	USD	2 Qtrs
Net income per common unit (basic and diluted) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.80	USD	2 Qtrs
Weighted average basic and diluted common units outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	32.28M	shares	2 Qtrs
Weighted average basic and diluted common units outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	34.68M	shares	1 Quarter
Weighted average basic and diluted common units outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	33.48M	shares	2 Qtrs
Weighted average basic and diluted common units outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	32.28M	shares	1 Quarter

Cash Flow Statement 24 line items

Line Item	Tag	Value	Unit	Period
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$32.74M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$35.30M	USD	2 Qtrs
Cash contributed (used) in acquisitions	`PaymentsForProceedsFromAcquisitionOfRoyaltyInterests`	$25.00K	USD	2 Qtrs
Cash contributed (used) in acquisitions	`PaymentsForProceedsFromAcquisitionOfRoyaltyInterests`	$-1.41M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$41.00K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	-	USD	2 Qtrs
Proceeds from the sale of oil and natural gas properties	`ProceedsFromTheSaleOfOilAndNatualGasProperties`	$350.00K	USD	2 Qtrs
Proceeds from the sale of oil and natural gas properties	`ProceedsFromTheSaleOfOilAndNatualGasProperties`	-	USD	2 Qtrs
Total cash flows provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-66.00K	USD	2 Qtrs
Total cash flows provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.76M	USD	2 Qtrs
Distributions paid to general partner and unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$26.89M	USD	2 Qtrs
Distributions paid to general partner and unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$34.52M	USD	2 Qtrs
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.54M	USD	2 Qtrs
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.78M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$18.29M	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`	$20.82M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$19.61M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$18.29M	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`	$20.82M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$19.61M	USD	Point-in-time
Fair value of common units issued for acquisitions	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	-	USD	2 Qtrs
Fair value of common units issued for acquisitions	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$43.82M	USD	2 Qtrs

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Balance	`PartnersCapital`	$127.21M	USD	Point-in-time
Balance	`PartnersCapital`	$86.65M	USD	Point-in-time
Balance	`PartnersCapital`	$90.75M	USD	Point-in-time
Balance	`PartnersCapital`	$123.53M	USD	Point-in-time
Balance	`PartnersCapital`	$88.77M	USD	Point-in-time
Balance	`PartnersCapital`	$91.18M	USD	Point-in-time
Balance (in shares)	`PartnersCapitalAccountUnits`	32.28M	shares	Point-in-time
Balance (in shares)	`PartnersCapitalAccountUnits`	32.28M	shares	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`	34.68M	shares	Point-in-time
Net income	`NetIncomeLoss`	$27.57M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$13.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$27.33M	USD	2 Qtrs
Distributions	`PartnersCapitalAccountDistributions`	$34.52M	USD	2 Qtrs
Distributions	`PartnersCapitalAccountDistributions`	$17.28M	USD	1 Quarter
Distributions	`PartnersCapitalAccountDistributions`	$26.89M	USD	2 Qtrs
Distributions	`PartnersCapitalAccountDistributions`	$13.95M	USD	1 Quarter
Acquisition of assets for units	`PartnersCapitalAccountAcquisitions`	$43.82M	USD	2 Qtrs
Balance	`PartnersCapital`	$127.21M	USD	Point-in-time
Balance	`PartnersCapital`	$86.65M	USD	Point-in-time
Balance	`PartnersCapital`	$90.75M	USD	Point-in-time
Balance	`PartnersCapital`	$123.53M	USD	Point-in-time
Balance	`PartnersCapital`	$88.77M	USD	Point-in-time
Balance	`PartnersCapital`	$91.18M	USD	Point-in-time
Balance (in shares)	`PartnersCapitalAccountUnits`	32.28M	shares	Point-in-time
Balance (in shares)	`PartnersCapitalAccountUnits`	32.28M	shares	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`	34.68M	shares	Point-in-time

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