10-Q Filing

DORCHESTER MINERALS, L.P. CIK: 1172358 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001437749-20-009825`
Period End Date	20200331
Filing Date	20200507
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	dmlp-20200331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 42 Income Statement 20 Cash Flow Statement 18 Stockholders Equity 13

Balance Sheet 42 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.34M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.91M	USD	Point-in-time
Trade and other receivables	`AccountsReceivableGrossCurrent`	$3.91M	USD	Point-in-time
Trade and other receivables	`AccountsReceivableGrossCurrent`	$7.06M	USD	Point-in-time
Net profits interests receivable - related party	`AccountsReceivableRelatedPartiesCurrent`	$5.88M	USD	Point-in-time
Net profits interests receivable - related party	`AccountsReceivableRelatedPartiesCurrent`	$4.04M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$28.18M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$28.28M	USD	Point-in-time
Oil and natural gas properties (full cost method)	`OilAndGasPropertyFullCostMethodGross`	$405.67M	USD	Point-in-time
Oil and natural gas properties (full cost method)	`OilAndGasPropertyFullCostMethodGross`	$405.67M	USD	Point-in-time
Accumulated full cost depletion	`OilAndGasPropertyFullCostMethodDepletion`	$319.54M	USD	Point-in-time
Accumulated full cost depletion	`OilAndGasPropertyFullCostMethodDepletion`	$322.88M	USD	Point-in-time
Total	`OilAndGasPropertyFullCostMethodNet`	$82.79M	USD	Point-in-time
Total	`OilAndGasPropertyFullCostMethodNet`	$86.13M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$1.63M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$1.57M	USD	Point-in-time
Total assets	`Assets`	$113.36M	USD	Point-in-time
Total assets	`Assets`	$116.88M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.80M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.05M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityCurrent`	$308.00K	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityCurrent`	$310.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.36M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$2.19M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$2.11M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.55M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.22M	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`	$1.23M	USD	Point-in-time
General Partner	`GeneralPartnersCapitalAccount`	$1.04M	USD	Point-in-time
Unitholders	`LimitedPartnersCapitalAccount`	$107.10M	USD	Point-in-time
Unitholders	`LimitedPartnersCapitalAccount`	$111.11M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$112.34M	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 partnership capital	`PartnersCapital`	$108.14M	USD	Point-in-time
Total liabilities and partnership capital	`LiabilitiesAndStockholdersEquity`	$116.88M	USD	Point-in-time
Total liabilities and partnership capital	`LiabilitiesAndStockholdersEquity`	$113.36M	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`	$15.48M	USD	1 Quarter
Operating, including production taxes	`OperatingCostsAndExpenses`	$1.61M	USD	1 Quarter
Operating, including production taxes	`OperatingCostsAndExpenses`	$1.44M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$2.31M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$3.36M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.92M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.13M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$5.05M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$6.71M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.98M	USD	1 Quarter
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$446.00K	USD	1 Quarter
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$238.00K	USD	1 Quarter
Unitholders	`NetIncomeLossAllocatedToLimitedPartners`	$13.53M	USD	1 Quarter
Unitholders	`NetIncomeLossAllocatedToLimitedPartners`	$8.52M	USD	1 Quarter
Net income per common unit (basic and diluted) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.25	USD	1 Quarter
Net income per common unit (basic and diluted) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.42	USD	1 Quarter
Weighted average basic and diluted common units outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	32.36M	shares	1 Quarter
Weighted average basic and diluted common units outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	34.68M	shares	1 Quarter

Cash Flow Statement 18 line items

Line Item	Tag	Value	Unit	Period
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$17.84M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$17.69M	USD	1 Quarter
Net cash contributed in acquisition	`PaymentsForProceedsFromAcquisitionOfRoyaltyInterests`	$-1.17M	USD	1 Quarter
Net cash contributed in acquisition	`PaymentsForProceedsFromAcquisitionOfRoyaltyInterests`	-	USD	1 Quarter
Distributions paid to General Partner and unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$17.24M	USD	1 Quarter
Distributions paid to General Partner and unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$12.95M	USD	1 Quarter
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.89M	USD	1 Quarter
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.62M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$18.29M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$15.34M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$20.23M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$19.91M	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`	$15.34M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$20.23M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$19.91M	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 13 line items

Line Item	Tag	Value	Unit	Period
Balance	`PartnersCapital`	$112.34M	USD	Point-in-time
Balance	`PartnersCapital`	$86.65M	USD	Point-in-time
Balance	`PartnersCapital`	$127.21M	USD	Point-in-time
Balance	`PartnersCapital`	$108.14M	USD	Point-in-time
Net income	`NetIncomeLoss`	$8.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.98M	USD	1 Quarter
Acquisition of assets for units	`PartnersCapitalAccountAcquisitions`	$43.82M	USD	1 Quarter
Distributions	`PartnersCapitalAccountDistributions`	$17.24M	USD	1 Quarter
Distributions	`PartnersCapitalAccountDistributions`	$12.95M	USD	1 Quarter
Balance	`PartnersCapital`	$112.34M	USD	Point-in-time
Balance	`PartnersCapital`	$86.65M	USD	Point-in-time
Balance	`PartnersCapital`	$127.21M	USD	Point-in-time
Balance	`PartnersCapital`	$108.14M	USD	Point-in-time

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