10-Q Filing

DORCHESTER MINERALS, L.P. CIK: 1172358 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001437749-22-025768`
Period End Date	20220930
Filing Date	20221103
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	dmlp20220930_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 42 Income Statement 40 Cash Flow Statement 22 Stockholders Equity 23

Balance Sheet 42 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$51.99M	USD	Point-in-time
Trade and other receivables	`AccountsReceivableGrossCurrent`	$17.64M	USD	Point-in-time
Trade and other receivables	`AccountsReceivableGrossCurrent`	$11.53M	USD	Point-in-time
Net profits interest receivable - related party	`AccountsReceivableRelatedPartiesCurrent`	$5.96M	USD	Point-in-time
Net profits interest receivable - related party	`AccountsReceivableRelatedPartiesCurrent`	$6.82M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$46.66M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$75.58M	USD	Point-in-time
Oil and natural gas properties (full cost method)	`OilAndGasPropertyFullCostMethodGross`	$473.09M	USD	Point-in-time
Oil and natural gas properties (full cost method)	`OilAndGasPropertyFullCostMethodGross`	$440.05M	USD	Point-in-time
Accumulated full cost depletion	`OilAndGasPropertyFullCostMethodDepletion`	$341.73M	USD	Point-in-time
Accumulated full cost depletion	`OilAndGasPropertyFullCostMethodDepletion`	$355.15M	USD	Point-in-time
Total	`OilAndGasPropertyFullCostMethodNet`	$98.32M	USD	Point-in-time
Total	`OilAndGasPropertyFullCostMethodNet`	$117.94M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$1.01M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$1.17M	USD	Point-in-time
Total assets	`Assets`	$195.11M	USD	Point-in-time
Total assets	`Assets`	$146.81M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.51M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$5.22M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityCurrent`	$284.00K	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityCurrent`	$291.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.50M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$1.38M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$1.59M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.40M	USD	Point-in-time
Commitments and contingencies (Note 4)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 4)	`CommitmentsAndContingencies`	-	USD	Point-in-time
General Partner	`GeneralPartnersCapitalAccount`	$982.00K	USD	Point-in-time
General Partner	`GeneralPartnersCapitalAccount`	$1.43M	USD	Point-in-time
Unitholders	`LimitedPartnersCapitalAccount`	$186.80M	USD	Point-in-time
Unitholders	`LimitedPartnersCapitalAccount`	$141.43M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$105.93M	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`	$105.51M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$171.37M	USD	Point-in-time
Total partnership capital	`PartnersCapital`	$188.23M	USD	Point-in-time
Total liabilities and partnership capital	`LiabilitiesAndStockholdersEquity`	$195.11M	USD	Point-in-time
Total liabilities and partnership capital	`LiabilitiesAndStockholdersEquity`	$146.81M	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$131.92M	USD	3 Qtrs
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$63.12M	USD	3 Qtrs
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$23.97M	USD	1 Quarter
Operating revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$44.06M	USD	1 Quarter
Operating, including production taxes	`OperatingCostsAndExpenses`	$3.18M	USD	1 Quarter
Operating, including production taxes	`OperatingCostsAndExpenses`	$2.13M	USD	1 Quarter
Operating, including production taxes	`OperatingCostsAndExpenses`	$5.29M	USD	3 Qtrs
Operating, including production taxes	`OperatingCostsAndExpenses`	$10.26M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$7.68M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$4.25M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$2.90M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$13.49M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$910.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.42M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.80M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$6.02M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$16.78M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$29.77M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$5.94M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$9.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$102.15M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$46.34M	USD	3 Qtrs
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$1.58M	USD	3 Qtrs
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$631.00K	USD	1 Quarter
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$1.29M	USD	1 Quarter
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$3.62M	USD	3 Qtrs
Unitholders	`NetIncomeLossAllocatedToLimitedPartners`	$32.91M	USD	1 Quarter
Unitholders	`NetIncomeLossAllocatedToLimitedPartners`	$17.40M	USD	1 Quarter
Unitholders	`NetIncomeLossAllocatedToLimitedPartners`	$98.53M	USD	3 Qtrs
Unitholders	`NetIncomeLossAllocatedToLimitedPartners`	$44.76M	USD	3 Qtrs
Net income per common unit (basic and diluted) (in dollars per share)	`EarningsPerShareBasic`	$2.64	USD	3 Qtrs
Net income per common unit (basic and diluted) (in dollars per share)	`EarningsPerShareBasic`	$0.49	USD	1 Quarter
Net income per common unit (basic and diluted) (in dollars per share)	`EarningsPerShareBasic`	$0.88	USD	1 Quarter
Net income per common unit (basic and diluted) (in dollars per share)	`EarningsPerShareBasic`	$1.28	USD	3 Qtrs
Weighted average basic and diluted common units outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	35.41M	shares	1 Quarter
Weighted average basic and diluted common units outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.37M	shares	3 Qtrs
Weighted average basic and diluted common units outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	34.93M	shares	3 Qtrs
Weighted average basic and diluted common units outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.56M	shares	1 Quarter

Cash Flow Statement 22 line items

Line Item	Tag	Value	Unit	Period
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$47.46M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$113.38M	USD	3 Qtrs
Net cash contributed in acquisitions of oil and natural gas properties	`AssetAcquisitionConsiderationTransferredRoyaltyAndMineralRevenueReceived`	$563.00K	USD	3 Qtrs
Net cash contributed in acquisitions of oil and natural gas properties	`AssetAcquisitionConsiderationTransferredRoyaltyAndMineralRevenueReceived`	$1.82M	USD	3 Qtrs
Proceeds from the sale of oil and natural gas properties	`ProceedsFromTheSaleOfOilAndNatualGasProperties`	$262.00K	USD	3 Qtrs
Proceeds from the sale of oil and natural gas properties	`ProceedsFromTheSaleOfOilAndNatualGasProperties`	-	USD	3 Qtrs
Total cash flows provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.82M	USD	3 Qtrs
Total cash flows provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$825.00K	USD	3 Qtrs
Distributions paid to General Partner and unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$37.19M	USD	3 Qtrs
Distributions paid to General Partner and unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$91.53M	USD	3 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$23.68M	USD	3 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$11.09M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$22.32M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$28.31M	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`	$51.99M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$22.32M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$28.31M	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`	$51.99M	USD	Point-in-time
Fair value of common units issued for acquisitions of oil and natural gas properties	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$35.19M	USD	3 Qtrs
Fair value of common units issued for acquisitions of oil and natural gas properties	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$12.22M	USD	3 Qtrs

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Balance	`PartnersCapital`	$105.93M	USD	Point-in-time
Balance	`PartnersCapital`	$84.56M	USD	Point-in-time
Balance	`PartnersCapital`	$142.41M	USD	Point-in-time
Balance	`PartnersCapital`	$105.51M	USD	Point-in-time
Balance	`PartnersCapital`	$171.37M	USD	Point-in-time
Balance	`PartnersCapital`	$188.23M	USD	Point-in-time
Net income	`NetIncomeLoss`	$18.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$102.15M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$46.34M	USD	3 Qtrs
Distributions	`PartnersCapitalAccountDistributions`	$91.53M	USD	3 Qtrs
Distributions	`PartnersCapitalAccountDistributions`	$17.61M	USD	1 Quarter
Distributions	`PartnersCapitalAccountDistributions`	$37.75M	USD	1 Quarter
Distributions	`PartnersCapitalAccountDistributions`	$37.19M	USD	3 Qtrs
Acquisition of assets for units	`PartnersCapitalAccountAcquisitions`	$12.22M	USD	3 Qtrs
Acquisition of assets for units	`PartnersCapitalAccountAcquisitions`	$20.40M	USD	1 Quarter
Acquisition of assets for units	`PartnersCapitalAccountAcquisitions`	$35.19M	USD	3 Qtrs
Balance	`PartnersCapital`	$105.93M	USD	Point-in-time
Balance	`PartnersCapital`	$84.56M	USD	Point-in-time
Balance	`PartnersCapital`	$142.41M	USD	Point-in-time
Balance	`PartnersCapital`	$105.51M	USD	Point-in-time
Balance	`PartnersCapital`	$171.37M	USD	Point-in-time
Balance	`PartnersCapital`	$188.23M	USD	Point-in-time

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