10-Q Filing

DORCHESTER MINERALS, L.P. CIK: 1172358 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001437749-21-011128`
Period End Date	20210331
Filing Date	20210506
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	dmlp20210331_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 20 Cash Flow Statement 16 Stockholders Equity 12

Balance Sheet 40 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.23M	USD	Point-in-time
Trade and other receivables	`AccountsReceivableGrossCurrent`	$7.18M	USD	Point-in-time
Trade and other receivables	`AccountsReceivableGrossCurrent`	$5.08M	USD	Point-in-time
Net profits interest receivable - related party	`AccountsReceivableRelatedPartiesCurrent`	$1.91M	USD	Point-in-time
Net profits interest receivable - related party	`AccountsReceivableRelatedPartiesCurrent`	$3.06M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.22M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$23.57M	USD	Point-in-time
Oil and natural gas properties (full cost method)	`OilAndGasPropertyFullCostMethodGross`	$399.32M	USD	Point-in-time
Oil and natural gas properties (full cost method)	`OilAndGasPropertyFullCostMethodGross`	$399.28M	USD	Point-in-time
Accumulated full cost depletion	`OilAndGasPropertyFullCostMethodDepletion`	$333.64M	USD	Point-in-time
Accumulated full cost depletion	`OilAndGasPropertyFullCostMethodDepletion`	$331.36M	USD	Point-in-time
Total	`OilAndGasPropertyFullCostMethodNet`	$65.65M	USD	Point-in-time
Total	`OilAndGasPropertyFullCostMethodNet`	$67.96M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$1.33M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$1.39M	USD	Point-in-time
Total assets	`Assets`	$91.28M	USD	Point-in-time
Total assets	`Assets`	$88.33M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.49M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.58M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityCurrent`	$298.00K	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityCurrent`	$300.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.78M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$1.89M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$1.81M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.59M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.76M	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`	$536.00K	USD	Point-in-time
General Partner	`GeneralPartnersCapitalAccount`	$654.00K	USD	Point-in-time
Unitholders	`LimitedPartnersCapitalAccount`	$87.03M	USD	Point-in-time
Unitholders	`LimitedPartnersCapitalAccount`	$84.03M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$87.68M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$112.34M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$84.56M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$108.14M	USD	Point-in-time
Total liabilities and partnership capital	`LiabilitiesAndStockholdersEquity`	$91.28M	USD	Point-in-time
Total liabilities and partnership capital	`LiabilitiesAndStockholdersEquity`	$88.33M	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$17.79M	USD	1 Quarter
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$15.48M	USD	1 Quarter
Operating, including production taxes	`OperatingCostsAndExpenses`	$1.52M	USD	1 Quarter
Operating, including production taxes	`OperatingCostsAndExpenses`	$1.44M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$3.36M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$2.30M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.17M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.92M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$6.71M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$5.99M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.76M	USD	1 Quarter
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$238.00K	USD	1 Quarter
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$397.00K	USD	1 Quarter
Unitholders	`NetIncomeLossAllocatedToLimitedPartners`	$8.52M	USD	1 Quarter
Unitholders	`NetIncomeLossAllocatedToLimitedPartners`	$11.40M	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`	$0.25	USD	1 Quarter
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`	34.68M	shares	1 Quarter

Cash Flow Statement 16 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`	$10.51M	USD	1 Quarter
Proceeds from the sale of oil and natural gas properties	`ProceedsFromTheSaleOfOilAndNatualGasProperties`	$262.00K	USD	1 Quarter
Proceeds from the sale of oil and natural gas properties	`ProceedsFromTheSaleOfOilAndNatualGasProperties`	-	USD	1 Quarter
Distributions paid to General Partner and unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$12.95M	USD	1 Quarter
Distributions paid to General Partner and unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$8.68M	USD	1 Quarter
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.89M	USD	1 Quarter
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.09M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$15.34M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$20.23M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.23M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$13.32M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$15.34M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$20.23M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.23M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$13.32M	USD	Point-in-time

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance	`PartnersCapital`	$87.68M	USD	Point-in-time
Balance	`PartnersCapital`	$112.34M	USD	Point-in-time
Balance	`PartnersCapital`	$84.56M	USD	Point-in-time
Balance	`PartnersCapital`	$108.14M	USD	Point-in-time
Net income	`NetIncomeLoss`	$11.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.76M	USD	1 Quarter
Distributions	`PartnersCapitalAccountDistributions`	$12.95M	USD	1 Quarter
Distributions	`PartnersCapitalAccountDistributions`	$8.68M	USD	1 Quarter
Balance	`PartnersCapital`	$87.68M	USD	Point-in-time
Balance	`PartnersCapital`	$112.34M	USD	Point-in-time
Balance	`PartnersCapital`	$84.56M	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.