10-K Filing

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

Filing Information

Form Type	10-K
Accession Number	`0001437749-22-004351`
Period End Date	20211231
Filing Date	20220224
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	dmlp20211231_10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 39 Income Statement 22 Cash Flow Statement 34 Stockholders Equity 11

Balance Sheet 39 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.31M	USD	Point-in-time
Trade and other receivables	`AccountsReceivableGrossCurrent`	$11.53M	USD	Point-in-time
Trade and other receivables	`AccountsReceivableGrossCurrent`	$5.08M	USD	Point-in-time
Net profits interest receivablerelated party	`AccountsReceivableRelatedPartiesCurrent`	$1.91M	USD	Point-in-time
Net profits interest receivablerelated party	`AccountsReceivableRelatedPartiesCurrent`	$6.82M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.22M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$46.66M	USD	Point-in-time
Oil and natural gas properties (full cost method)	`OilAndGasPropertyFullCostMethodGross`	$440.05M	USD	Point-in-time
Oil and natural gas properties (full cost method)	`OilAndGasPropertyFullCostMethodGross`	$399.32M	USD	Point-in-time
Accumulated full cost depletion	`OilAndGasPropertyFullCostMethodDepletion`	$341.73M	USD	Point-in-time
Accumulated full cost depletion	`OilAndGasPropertyFullCostMethodDepletion`	$331.36M	USD	Point-in-time
Total	`OilAndGasPropertyFullCostMethodNet`	$67.96M	USD	Point-in-time
Total	`OilAndGasPropertyFullCostMethodNet`	$98.32M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$1.17M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$1.39M	USD	Point-in-time
Total assets	`Assets`	$146.81M	USD	Point-in-time
Total assets	`Assets`	$88.33M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.51M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.58M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityCurrent`	$291.00K	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`	$2.80M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$1.59M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$1.89M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.76M	USD	Point-in-time
Commitments and contingencies (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
General Partner	`GeneralPartnersCapitalAccount`	$536.00K	USD	Point-in-time
General Partner	`GeneralPartnersCapitalAccount`	$982.00K	USD	Point-in-time
Unitholders	`LimitedPartnersCapitalAccount`	$84.03M	USD	Point-in-time
Unitholders	`LimitedPartnersCapitalAccount`	$141.43M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$84.56M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$142.41M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$112.34M	USD	Point-in-time
Total liabilities and partnership capital	`LiabilitiesAndStockholdersEquity`	$146.81M	USD	Point-in-time
Total liabilities and partnership capital	`LiabilitiesAndStockholdersEquity`	$88.33M	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$46.93M	USD	Annual
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$93.42M	USD	Annual
Production taxes	`ProductionTaxExpense`	$1.81M	USD	Annual
Production taxes	`ProductionTaxExpense`	$3.67M	USD	Annual
Operating expenses	`OperatingCostsAndExpenses`	$3.93M	USD	Annual
Operating expenses	`OperatingCostsAndExpenses`	$3.88M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$11.91M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$10.46M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$5.19M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$7.46M	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$23.25M	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$25.06M	USD	Annual
Net income	`NetIncomeLoss`	$70.17M	USD	Annual
Net income	`NetIncomeLoss`	$21.87M	USD	Annual
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$2.35M	USD	Annual
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$705.00K	USD	Annual
Unitholders	`NetIncomeLossAllocatedToLimitedPartners`	$21.16M	USD	Annual
Unitholders	`NetIncomeLossAllocatedToLimitedPartners`	$67.83M	USD	Annual
Net income per common unit (basic and diluted) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.61	USD	Annual
Net income per common unit (basic and diluted) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$1.94	USD	Annual
Weighted average basic and diluted common units outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	35.05M	shares	Annual
Weighted average basic and diluted common units outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	34.68M	shares	Annual

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$70.17M	USD	Annual
Net income	`NetIncomeLoss`	$21.87M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$11.91M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$10.46M	USD	Annual
Amortization of operating lease right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$224.00K	USD	Annual
Amortization of operating lease right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$240.00K	USD	Annual
Trade and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$5.97M	USD	Annual
Trade and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-2.21M	USD	Annual
Net profits interests receivablerelated party	`IncreaseDecreaseInDueFromRelatedParties`	$4.91M	USD	Annual
Net profits interests receivablerelated party	`IncreaseDecreaseInDueFromRelatedParties`	$-3.97M	USD	Annual
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-474.00K	USD	Annual
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$623.00K	USD	Annual
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-310.00K	USD	Annual
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-300.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$70.31M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$39.41M	USD	Annual
Net cash contributed in acquisitions	`PaymentsForProceedsFromAcquisitionOfRoyaltyInterests`	-	USD	Annual
Net cash contributed in acquisitions	`PaymentsForProceedsFromAcquisitionOfRoyaltyInterests`	$-2.32M	USD	Annual
Proceeds from the sale of oil and natural gas properties	`ProceedsFromTheSaleOfOilAndNatualGasProperties`	$6.13M	USD	Annual
Proceeds from the sale of oil and natural gas properties	`ProceedsFromTheSaleOfOilAndNatualGasProperties`	$262.00K	USD	Annual
Total cash flows provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.58M	USD	Annual
Total cash flows provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$6.13M	USD	Annual
Distributions paid to General Partner and unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$49.64M	USD	Annual
Distributions paid to General Partner and unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$55.81M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$17.07M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.11M	USD	Annual
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.23M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$28.31M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$15.34M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.23M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$28.31M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$15.34M	USD	Point-in-time
Fair value of common units issued for acquisitions	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$43.48M	USD	Annual
Fair value of common units issued for acquisitions	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	-	USD	Annual

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Balance	`PartnersCapital`	$84.56M	USD	Point-in-time
Balance	`PartnersCapital`	$142.41M	USD	Point-in-time
Balance	`PartnersCapital`	$112.34M	USD	Point-in-time
Net income	`NetIncomeLoss`	$70.17M	USD	Annual
Net income	`NetIncomeLoss`	$21.87M	USD	Annual
Distributions	`PartnersCapitalAccountDistributions`	$49.64M	USD	Annual
Distributions	`PartnersCapitalAccountDistributions`	$55.81M	USD	Annual
Acquisition of assets for units	`PartnersCapitalAccountAcquisitions`	$43.48M	USD	Annual
Balance	`PartnersCapital`	$84.56M	USD	Point-in-time
Balance	`PartnersCapital`	$142.41M	USD	Point-in-time
Balance	`PartnersCapital`	$112.34M	USD	Point-in-time

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