10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-18-004738 |
| Period End Date | 20180331 |
| Filing Date | 20180511 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | krp-20180331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
41 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.89M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$6.84M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$5.63M | USD | Point-in-time |
| Oil, natural gas and NGL receivables |
OilAndGasBillingReceivables
|
$6.79M | USD | Point-in-time |
| Oil, natural gas and NGL receivables |
OilAndGasBillingReceivables
|
$6.56M | USD | Point-in-time |
| Accounts receivable and other current assets |
AccountsReceivableNetCurrentAndOtherAssetsCurrent
|
$371.57K | USD | Point-in-time |
| Accounts receivable and other current assets |
AccountsReceivableNetCurrentAndOtherAssetsCurrent
|
$236.67K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$13.77M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$12.66M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$128.78K | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$165.23K | USD | Point-in-time |
| Oil and natural gas properties, using full cost method of accounting |
OilAndGasPropertyFullCostMethodGross
|
$297.61M | USD | Point-in-time |
| Oil and natural gas properties, using full cost method of accounting |
OilAndGasPropertyFullCostMethodGross
|
$297.62M | USD | Point-in-time |
| Less: accumulated depreciation, depletion, accretion and impairment |
OilAndGasPropertyFullCostMethodDepletion
|
$15.39M | USD | Point-in-time |
| Less: accumulated depreciation, depletion, accretion and impairment |
OilAndGasPropertyFullCostMethodDepletion
|
$74.56M | USD | Point-in-time |
| Total oil and natural gas properties |
OilAndGasPropertyFullCostMethodNet
|
$223.06M | USD | Point-in-time |
| Total oil and natural gas properties |
OilAndGasPropertyFullCostMethodNet
|
$282.22M | USD | Point-in-time |
| Loan origination costs, net |
DeferredFinanceCostsNoncurrentNet
|
$255.21K | USD | Point-in-time |
| Loan origination costs, net |
DeferredFinanceCostsNoncurrentNet
|
$239.58K | USD | Point-in-time |
| Total assets |
Assets
|
$295.29M | USD | Point-in-time |
| Total assets |
Assets
|
$237.20M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$695.28K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$316.49K | USD | Point-in-time |
| Other current liabilities |
OtherAccruedLiabilitiesCurrent
|
$1.28M | USD | Point-in-time |
| Other current liabilities |
OtherAccruedLiabilitiesCurrent
|
$1.75M | USD | Point-in-time |
| Commodity derivative liabilities |
DerivativeLiabilitiesCurrent
|
$290.33K | USD | Point-in-time |
| Commodity derivative liabilities |
DerivativeLiabilitiesCurrent
|
$183.96K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.27M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.25M | USD | Point-in-time |
| Commodity derivative liabilities |
DerivativeLiabilitiesNoncurrent
|
$134.87K | USD | Point-in-time |
| Commodity derivative liabilities |
DerivativeLiabilitiesNoncurrent
|
$240.95K | USD | Point-in-time |
| Long-term debt |
LongTermLineOfCredit
|
$30.84M | USD | Point-in-time |
| Long-term debt |
LongTermLineOfCredit
|
$30.84M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$33.35M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$33.23M | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Partners' capital |
PartnersCapital
|
$203.85M | USD | Point-in-time |
| Partners' capital |
PartnersCapital
|
$262.07M | USD | Point-in-time |
| Total liabilities and partners' capital |
LiabilitiesAndPartnersCapital
|
$237.20M | USD | Point-in-time |
| Total liabilities and partners' capital |
LiabilitiesAndPartnersCapital
|
$295.29M | USD | Point-in-time |
Income Statement
29 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loss on commodity derivative instruments |
UnrealizedGainLossOnCommodityContracts
|
$-284.96K | USD | 1 Quarter |
| Total revenues |
Revenues
|
$10.89M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$4.55M | USD | 1 Quarter |
| Production and ad valorem taxes |
ProductionTaxExpense
|
$816.00K | 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 |
| Depreciation, depletion and accretion expenses |
DepreciationDepletionAndAmortization
|
$4.46M | USD | 1 Quarter |
| Impairment of oil and natural gas properties |
ImpairmentOfOilAndGasProperties
|
$54.75M | USD | 1 Quarter |
| Impairment of oil and natural gas properties |
ImpairmentOfOilAndGasProperties
|
- | USD | 1 Quarter |
| Marketing and other deductions |
SellingAndMarketingExpense
|
$569.84K | USD | 1 Quarter |
| Marketing and other deductions |
SellingAndMarketingExpense
|
$257.13K | USD | 1 Quarter |
| General and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$2.77M | USD | 1 Quarter |
| General and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$1.21M | USD | 1 Quarter |
| Total costs and expenses |
CostsAndExpenses
|
$4.21M | USD | 1 Quarter |
| Total costs and expenses |
CostsAndExpenses
|
$63.37M | USD | 1 Quarter |
| Operating (loss) income |
OperatingIncomeLoss
|
$-52.47M | USD | 1 Quarter |
| Operating (loss) income |
OperatingIncomeLoss
|
$343.37K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$350.04K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$60.15K | USD | 1 Quarter |
| Net (loss) income |
NetIncomeLoss
|
$283.22K | USD | 1 Quarter |
| Net (loss) income |
NetIncomeLoss
|
$-52.82M | USD | 1 Quarter |
| Net (loss) income attributable to common units per unit (basic) |
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
$-3.23 | USD | 1 Quarter |
| Net (loss) income attributable to common units per unit (basic) |
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
$0.02 | USD | 1 Quarter |
| Net (loss) income attributable to common units per unit (diluted) |
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
|
$-3.23 | USD | 1 Quarter |
| Net (loss) income attributable to common units per unit (diluted) |
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
|
$0.02 | USD | 1 Quarter |
| Weighted average number of common units outstanding Basic (in units) |
WeightedAverageLimitedPartnershipUnitsOutstanding
|
16.33M | shares | 1 Quarter |
| Weighted average number of common units outstanding Basic (in units) |
WeightedAverageLimitedPartnershipUnitsOutstanding
|
16.35M | shares | 1 Quarter |
| Weighted average number of common units outstanding Diluted (in units) |
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
|
16.35M | shares | 1 Quarter |
| Weighted average number of common units outstanding Diluted (in units) |
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
|
16.33M | shares | 1 Quarter |
Cash Flow Statement
45 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net (loss) income |
ProfitLoss
|
$-52.82M | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$283.22K | USD | 1 Quarter |
| Depreciation, depletion and accretion expenses |
DepreciationDepletionAndAmortization
|
$2.54M | USD | 1 Quarter |
| Depreciation, depletion and accretion expenses |
DepreciationDepletionAndAmortization
|
$4.46M | USD | 1 Quarter |
| Impairment of oil and natural gas properties |
ImpairmentOfOilAndGasProperties
|
$54.75M | USD | 1 Quarter |
| Impairment of oil and natural gas properties |
ImpairmentOfOilAndGasProperties
|
- | USD | 1 Quarter |
| Amortization of loan origination costs |
AmortizationOfFinancingCosts
|
$15.62K | USD | 1 Quarter |
| Amortization of loan origination costs |
AmortizationOfFinancingCosts
|
$10.42K | USD | 1 Quarter |
| Unit-based compensation |
ShareBasedCompensation
|
$668.93K | USD | 1 Quarter |
| Loss on commodity derivative instruments |
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
$-212.46K | USD | 1 Quarter |
| Oil, natural gas and NGL receivables |
IncreaseDecreaseInOilAndGasBillingReceivables
|
$-232.53K | USD | 1 Quarter |
| Oil, natural gas and NGL receivables |
IncreaseDecreaseInOilAndGasBillingReceivables
|
$1.66M | USD | 1 Quarter |
| Accounts receivable and other current assets |
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
$276.03K | USD | 1 Quarter |
| Accounts receivable and other current assets |
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
$134.90K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$378.79K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$664.86K | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$-464.03K | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$1.15M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$2.71M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$7.29M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$7.82K | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$7.26K | 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 |
| Purchase of oil and natural gas properties |
PaymentsToAcquireOilAndGasProperty
|
$14.68K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-21.94K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-98.64M | USD | 1 Quarter |
| Proceeds from initial public offering |
ProceedsFromIssuanceInitialPublicOffering
|
$96.25M | USD | 1 Quarter |
| Distributions to unitholders/members |
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
$6.06M | 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) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$99.82M | USD | 1 Quarter |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-6.06M | USD | 1 Quarter |
| NET INCREASE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$3.89M | USD | 1 Quarter |
| NET INCREASE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$1.21M | USD | 1 Quarter |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.89M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$6.84M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$5.63M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.89M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$6.84M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$5.63M | USD | Point-in-time |
| Cash paid for interest |
InterestPaidNet
|
$3.91K | USD | 1 Quarter |
| Cash paid for interest |
InterestPaidNet
|
$474.68K | 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
13 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Partners' capital, beginning balance |
PartnersCapital
|
$203.85M | USD | Point-in-time |
| Partners' capital, beginning balance |
PartnersCapital
|
$262.07M | USD | Point-in-time |
| Partners' capital, beginning balance (in units) |
LimitedPartnersCapitalAccountUnitsOutstanding
|
16.51M | shares | Point-in-time |
| Partners' capital, beginning balance (in units) |
LimitedPartnersCapitalAccountUnitsOutstanding
|
16.83M | shares | Point-in-time |
| Distributions to unitholders |
PartnersCapitalAccountDistributions
|
$6.06M | USD | 1 Quarter |
| Restricted units granted, net of forfeitures |
PartnersCapitalRestrictedUnitsGrantedNetOfForfeitures
|
325,185.00 | shares | 1 Quarter |
| Unit-based compensation |
PartnersCapitalAccountUnitBasedCompensation
|
$668.93K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$283.22K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-52.82M | USD | 1 Quarter |
| Partners' capital, ending balance |
PartnersCapital
|
$203.85M | USD | Point-in-time |
| Partners' capital, ending balance |
PartnersCapital
|
$262.07M | USD | Point-in-time |
| Partners' capital, ending balance (in units) |
LimitedPartnersCapitalAccountUnitsOutstanding
|
16.51M | shares | Point-in-time |
| Partners' capital, ending balance (in units) |
LimitedPartnersCapitalAccountUnitsOutstanding
|
16.83M | shares | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.