10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-17-004280 |
| Period End Date | 20170331 |
| Filing Date | 20170512 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | krp-20170331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
20 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.89M | USD | Point-in-time |
| Oil, natural gas and NGL receivables |
OilAndGasBillingReceivables
|
$6.61M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$276.03K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$10.78M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$236.79K | USD | Point-in-time |
| Oil and natural gas properties (full cost method) |
OilAndGasPropertyFullCostMethodGross
|
$268.23M | USD | Point-in-time |
| Less: accumulated depreciation, depletion, accretion and impairment |
OilAndGasPropertyFullCostMethodDepletion
|
$2.51M | USD | Point-in-time |
| Total oil and natural gas properties |
OilAndGasPropertyFullCostMethodNet
|
$265.73M | USD | Point-in-time |
| Deposits on oil and natural gas properties |
OilAndNaturalGasPropertyDeposits
|
$2.38M | USD | Point-in-time |
| Loan origination costs, net |
DeferredFinanceCostsNoncurrentNet
|
$302.08K | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$279.42M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$664.86K | USD | Point-in-time |
| Other current liabilities |
OtherAccruedLiabilitiesCurrent
|
$1.22M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.88M | USD | Point-in-time |
| Long-term debt |
LongTermLineOfCredit
|
$3.88M | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$5.76M | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Partners' capital |
PartnersCapital
|
$8.09M | USD | Point-in-time |
| Partners' capital |
PartnersCapital
|
$273.66M | USD | Point-in-time |
| TOTAL LIABILITIES AND PARTNERS CAPITAL |
LiabilitiesAndPartnersCapital
|
$279.42M | USD | Point-in-time |
Income Statement
13 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Oil, natural gas and NGL revenues |
OilAndGasRevenue
|
$4.55M | USD | 1 Quarter |
| Production and ad valorem taxes |
ProductionTaxExpense
|
$206.11K | USD | 1 Quarter |
| Depreciation, depletion and accretion expenses |
DepreciationDepletionAndAmortization
|
$2.54M | USD | 1 Quarter |
| Impairment of oil and natural gas properties |
ImpairmentOfOilAndGasProperties
|
- | USD | 1 Quarter |
| Marketing and other deductions |
SellingAndMarketingExpense
|
$257.13K | USD | 1 Quarter |
| General and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$1.21M | USD | 1 Quarter |
| Total costs and expenses |
CostsAndExpenses
|
$4.21M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$343.37K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$60.15K | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$283.22K | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$283.22K | USD | 1 Quarter |
| Basic and diluted (in dollars per unit) |
NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
|
$0.02 | USD | 1 Quarter |
| Basic and diluted (in units) |
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
|
16.33M | shares | 1 Quarter |
Cash Flow Statement
23 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$283.22K | USD | 1 Quarter |
| Depreciation, depletion and accretion expenses |
DepreciationDepletionAndAmortization
|
$2.54M | USD | 1 Quarter |
| Impairment of oil and natural gas properties |
ImpairmentOfOilAndGasProperties
|
- | USD | 1 Quarter |
| Amortization of loan origination costs |
AmortizationOfFinancingCosts
|
$10.42K | USD | 1 Quarter |
| Oil, natural gas and NGL receivables |
IncreaseDecreaseInOilAndGasBillingReceivables
|
$1.66M | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$276.03K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$664.86K | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$1.15M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$2.71M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$7.82K | USD | 1 Quarter |
| Deposits on oil and natural gas properties |
PaymentsForDepositsOnOilAndNaturalGasProperties
|
$2.38M | USD | 1 Quarter |
| Purchase of oil and natural gas properties |
PaymentsToAcquireOilAndGasProperty
|
$96.25M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-98.64M | USD | 1 Quarter |
| Proceeds from initial public offering |
ProceedsFromIssuanceInitialPublicOffering
|
$96.25M | USD | 1 Quarter |
| Borrowings on long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$3.88M | USD | 1 Quarter |
| Payment of loan origination costs |
PaymentsOfLoanCosts
|
$312.50K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$99.82M | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$3.89M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.89M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.89M | USD | Point-in-time |
| Cash paid for interest |
InterestPaid
|
$3.91K | USD | 1 Quarter |
| Capital expenditures and consideration payable included in accounts payable and other liabilities |
CapitalExpendituresIncurredButNotYetPaidNet
|
$67.70K | USD | 1 Quarter |
| Capital expenditures through issuance of common units |
CapitalExpendituresIncurredIssuanceOfCommonUnits
|
$176.40M | USD | 1 Quarter |
Stockholders Equity
15 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Partners' capital, beginning balance |
PartnersCapital
|
$8.09M | USD | Point-in-time |
| Partners' capital, beginning balance |
PartnersCapital
|
$273.66M | USD | Point-in-time |
| Partners' capital, beginning balance (in units) |
LimitedPartnersCapitalAccountUnitsOutstanding
|
0.00 | shares | Point-in-time |
| Partners' capital, beginning balance (in units) |
LimitedPartnersCapitalAccountUnitsOutstanding
|
16.33M | shares | Point-in-time |
| Common units issued to Predecessor in exchange for oil and natural gas properties (in units) |
UnitsIssuedToPredecessorForOilAndNaturalGasProperties
|
1.19M | shares | 1 Quarter |
| Common units issued to contributors in exchange for oil and natural gas properties |
UnitsIssuedValueToContributorsForOilAndNaturalGasProperties
|
$169.03M | USD | 1 Quarter |
| Common units issued to contributors in exchange for oil and natural gas properties (in units) |
UnitsIssuedToContributorsForOilAndNaturalGasProperties
|
9.39M | shares | 1 Quarter |
| Common units sold to public |
StockIssuedDuringPeriodValueNewIssues
|
$103.50M | USD | 1 Quarter |
| Common units sold to public (in units) |
StockIssuedDuringPeriodSharesNewIssues
|
5.75M | shares | 1 Quarter |
| Underwriting discount and structuring fee incurred at initial public offering |
UnderwriterAndStructuringFeeDiscountInitialPublicOffering
|
$7.25M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$283.22K | USD | 1 Quarter |
| Partners' capital, ending balance |
PartnersCapital
|
$8.09M | USD | Point-in-time |
| Partners' capital, ending balance |
PartnersCapital
|
$273.66M | USD | Point-in-time |
| Partners' capital, ending balance (in units) |
LimitedPartnersCapitalAccountUnitsOutstanding
|
0.00 | shares | Point-in-time |
| Partners' capital, ending balance (in units) |
LimitedPartnersCapitalAccountUnitsOutstanding
|
16.33M | shares | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.