10-Q Filing

KIMBELL ROYALTY PARTNERS, LP CIK: 1657788 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001558370-22-012171`
Period End Date	20220630
Filing Date	20220804
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	krp-20220630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 90 Cash Flow Statement 88 Stockholders Equity 51

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Oil and natural gas properties excluded from depletion	`UnprovedOilAndGasPropertyFullCostMethodGross`	$65.88M	USD	Point-in-time
Oil and natural gas properties excluded from depletion	`UnprovedOilAndGasPropertyFullCostMethodGross`	$153.28M	USD	Point-in-time
Common units, issued (in units)	`LimitedPartnersCapitalAccountUnitsIssued`	57.33M	shares	Point-in-time
Common units, issued (in units)	`LimitedPartnersCapitalAccountUnitsIssued`	47.16M	shares	Point-in-time
Common units, outstanding (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	47.16M	shares	Point-in-time
Common units, outstanding (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	57.33M	shares	Point-in-time
Class B units, issued (in units)	`LimitedPartnersClassBCapitalAccountUnitsIssued`	17.61M	shares	Point-in-time
Class B units, issued (in units)	`LimitedPartnersClassBCapitalAccountUnitsIssued`	8.21M	shares	Point-in-time
Class B units, outstanding (in units)	`LimitedPartnersClassBCapitalAccountUnitsOutstanding`	17.61M	shares	Point-in-time
Class B units, outstanding (in units)	`LimitedPartnersClassBCapitalAccountUnitsOutstanding`	8.21M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.05M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.32M	USD	Point-in-time
Oil, natural gas and NGL receivables	`OilAndGasBillingReceivables`	$53.60M	USD	Point-in-time
Oil, natural gas and NGL receivables	`OilAndGasBillingReceivables`	$35.15M	USD	Point-in-time
Derivative assets	`CommodityContractAssetCurrent`	$166.31K	USD	Point-in-time
Derivative assets	`CommodityContractAssetCurrent`	$2.04M	USD	Point-in-time
Accounts receivable and other current assets	`AccountsReceivableNetCurrentAndOtherAssetsCurrent`	$3.05M	USD	Point-in-time
Accounts receivable and other current assets	`AccountsReceivableNetCurrentAndOtherAssetsCurrent`	$2.15M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$45.42M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$71.10M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.23M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.89M	USD	Point-in-time
Investment in affiliate (equity method)	`EquityMethodInvestments`	$1.14M	USD	Point-in-time
Investment in affiliate (equity method)	`EquityMethodInvestments`	$4.74M	USD	Point-in-time
Oil and natural gas properties, using full cost method of accounting ($65,876,690 and $153,284,173 excluded from depletion at June 30, 2022 and December 31, 2021, respectively)	`OilAndGasPropertyFullCostMethodGross`	$1.20B	USD	Point-in-time
Oil and natural gas properties, using full cost method of accounting ($65,876,690 and $153,284,173 excluded from depletion at June 30, 2022 and December 31, 2021, respectively)	`OilAndGasPropertyFullCostMethodGross`	$1.20B	USD	Point-in-time
Less: accumulated depreciation, depletion and impairment	`OilAndGasPropertyFullCostMethodDepletion`	$684.97M	USD	Point-in-time
Less: accumulated depreciation, depletion and impairment	`OilAndGasPropertyFullCostMethodDepletion`	$663.60M	USD	Point-in-time
Total oil and natural gas properties, net	`OilAndGasPropertyFullCostMethodNet`	$519.87M	USD	Point-in-time
Total oil and natural gas properties, net	`OilAndGasPropertyFullCostMethodNet`	$540.79M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$2.69M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$2.84M	USD	Point-in-time
Derivative assets	`CommodityContractAssetNoncurrent`	$1.30M	USD	Point-in-time
Derivative assets	`CommodityContractAssetNoncurrent`	$1.59M	USD	Point-in-time
Loan origination costs, net	`DeferredFinanceCostsNoncurrentNet`	$3.75M	USD	Point-in-time
Loan origination costs, net	`DeferredFinanceCostsNoncurrentNet`	$4.21M	USD	Point-in-time
Investments held in trust	`AssetsHeldInTrust`	$237.20M	USD	Point-in-time
Total assets	`Assets`	$839.43M	USD	Point-in-time
Total assets	`Assets`	$601.49M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.55M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$811.02K	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$3.32M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$5.18M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$36.19M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$24.19M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$28.32M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$42.92M	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$2.56M	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$2.40M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesNoncurrent`	$4.19M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesNoncurrent`	$5.89M	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$217.12M	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$216.12M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$385.42K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$447.92K	USD	Point-in-time
Total liabilities	`Liabilities`	$252.64M	USD	Point-in-time
Total liabilities	`Liabilities`	$276.20M	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest in Kimbell Tiger Acquisition Corporation	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$236.90M	USD	Point-in-time
Common units (57,331,833 units and 47,162,773 units issued and outstanding as of June 30, 2022 and December 31, 2021, respectively)	`LimitedPartnersCommonCapitalAccount`	$475.27M	USD	Point-in-time
Common units (57,331,833 units and 47,162,773 units issued and outstanding as of June 30, 2022 and December 31, 2021, respectively)	`LimitedPartnersCommonCapitalAccount`	$328.72M	USD	Point-in-time
Class B units (8,211,579 and 17,611,579 units issued and outstanding as of June 30, 2022 and December 31, 2021, respectively)	`LimitedPartnersClassBCapitalAccount`	$410.58K	USD	Point-in-time
Class B units (8,211,579 and 17,611,579 units issued and outstanding as of June 30, 2022 and December 31, 2021, respectively)	`LimitedPartnersClassBCapitalAccount`	$880.58K	USD	Point-in-time
Total Kimbell Royalty Partners, LP unitholders' equity	`PartnersCapital`	$475.68M	USD	Point-in-time
Total Kimbell Royalty Partners, LP unitholders' equity	`PartnersCapital`	$329.60M	USD	Point-in-time
Noncontrolling (deficit) interest in OpCo	`PartnersCapitalAttributableToNoncontrollingInterest`	$-149.36M	USD	Point-in-time
Noncontrolling (deficit) interest in OpCo	`PartnersCapitalAttributableToNoncontrollingInterest`	$19.25M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$326.32M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$335.63M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$348.85M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$312.65M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$325.00M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$313.13M	USD	Point-in-time
Total liabilities, mezzanine equity and unitholders' equity	`LiabilitiesAndStockholdersEquity`	$839.43M	USD	Point-in-time
Total liabilities, mezzanine equity and unitholders' equity	`LiabilitiesAndStockholdersEquity`	$601.49M	USD	Point-in-time

Income Statement 90 line items

Line Item	Tag	Value	Unit	Period
Loss on commodity derivative instruments, net	`UnrealizedGainLossOnCommodityContracts`	$-7.09M	USD	1 Quarter
Loss on commodity derivative instruments, net	`UnrealizedGainLossOnCommodityContracts`	$-14.22M	USD	1 Quarter
Loss on commodity derivative instruments, net	`UnrealizedGainLossOnCommodityContracts`	$-28.35M	USD	2 Qtrs
Loss on commodity derivative instruments, net	`UnrealizedGainLossOnCommodityContracts`	$-39.08M	USD	2 Qtrs
Total revenues	`Revenues`	$48.14M	USD	2 Qtrs
Total revenues	`Revenues`	$25.72M	USD	1 Quarter
Total revenues	`Revenues`	$106.47M	USD	2 Qtrs
Total revenues	`Revenues`	$72.71M	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$5.00M	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$5.00M	USD	2 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$9.02M	USD	2 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$2.56M	USD	1 Quarter
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$22.03M	USD	2 Qtrs
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$16.25M	USD	2 Qtrs
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$8.34M	USD	1 Quarter
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$11.27M	USD	1 Quarter
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	2 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	2 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	1 Quarter
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	1 Quarter
Marketing and other deductions	`SellingAndMarketingExpense`	$5.85M	USD	2 Qtrs
Marketing and other deductions	`SellingAndMarketingExpense`	$4.06M	USD	1 Quarter
Marketing and other deductions	`SellingAndMarketingExpense`	$2.55M	USD	1 Quarter
Marketing and other deductions	`SellingAndMarketingExpense`	$7.57M	USD	2 Qtrs
General and administrative expense	`SellingGeneralAndAdministrativeExpense`	$6.68M	USD	1 Quarter
General and administrative expense	`SellingGeneralAndAdministrativeExpense`	$13.48M	USD	2 Qtrs
General and administrative expense	`SellingGeneralAndAdministrativeExpense`	$14.46M	USD	2 Qtrs
General and administrative expense	`SellingGeneralAndAdministrativeExpense`	$7.87M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$20.14M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$54.41M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$40.57M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$28.80M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$7.57M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$52.05M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$5.59M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$43.91M	USD	1 Quarter
Equity income in affiliate	`IncomeLossFromEquityMethodInvestments`	$3.63M	USD	2 Qtrs
Equity income in affiliate	`IncomeLossFromEquityMethodInvestments`	$3.39M	USD	1 Quarter
Equity income in affiliate	`IncomeLossFromEquityMethodInvestments`	$458.62K	USD	2 Qtrs
Equity income in affiliate	`IncomeLossFromEquityMethodInvestments`	$273.54K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.10M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.32M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.20M	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.20M	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$898.21K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$3.97M	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$413.95K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-48.82K	USD	1 Quarter
Net income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.25M	USD	2 Qtrs
Net income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$53.78M	USD	2 Qtrs
Net income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$45.10M	USD	1 Quarter
Net income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.71M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.08M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.80M	USD	1 Quarter
Net income	`ProfitLoss`	$8.41M	USD	1 Quarter
Net income	`ProfitLoss`	$3.71M	USD	1 Quarter
Net income	`ProfitLoss`	$4.25M	USD	2 Qtrs
Net income	`ProfitLoss`	$43.29M	USD	1 Quarter
Net income	`ProfitLoss`	$51.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$537.19K	USD	1 Quarter
Distribution and accretion on Series A preferred units	`PreferredStockDividendsIncomeStatementImpact`	$3.16M	USD	2 Qtrs
Distribution and accretion on Series A preferred units	`PreferredStockDividendsIncomeStatementImpact`	$1.58M	USD	1 Quarter
Net income and distributions and accretion on Series A preferred units attributable to noncontrolling interests in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$620.52K	USD	1 Quarter
Net income and distributions and accretion on Series A preferred units attributable to noncontrolling interests in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.42M	USD	1 Quarter
Net income and distributions and accretion on Series A preferred units attributable to noncontrolling interests in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.48M	USD	2 Qtrs
Net income and distributions and accretion on Series A preferred units attributable to noncontrolling interests in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$263.34K	USD	2 Qtrs
Distribution on Class B units	`CommonDividendsIncomeStatementImpact`	$20.78K	USD	1 Quarter
Distribution on Class B units	`CommonDividendsIncomeStatementImpact`	$25.82K	USD	2 Qtrs
Distribution on Class B units	`CommonDividendsIncomeStatementImpact`	$8.21K	USD	1 Quarter
Distribution on Class B units	`CommonDividendsIncomeStatementImpact`	$41.56K	USD	2 Qtrs
Net income attributable to common units of Kimbell Royalty Partners, LP	`NetIncomeLossAvailableToCommonaStockholdersBasic`	$45.19M	USD	2 Qtrs
Net income attributable to common units of Kimbell Royalty Partners, LP	`NetIncomeLossAvailableToCommonaStockholdersBasic`	$37.86M	USD	1 Quarter
Net income attributable to common units of Kimbell Royalty Partners, LP	`NetIncomeLossAvailableToCommonaStockholdersBasic`	$1.49M	USD	1 Quarter
Net income attributable to common units of Kimbell Royalty Partners, LP	`NetIncomeLossAvailableToCommonaStockholdersBasic`	$786.95K	USD	2 Qtrs
Net loss per unit attributable to common units (basic) (in dollar per share)	`NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax`	$0.66	USD	1 Quarter
Net loss per unit attributable to common units (basic) (in dollar per share)	`NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax`	$0.04	USD	1 Quarter
Net loss per unit attributable to common units (basic) (in dollar per share)	`NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax`	$0.02	USD	2 Qtrs
Net loss per unit attributable to common units (basic) (in dollar per share)	`NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax`	$0.54	USD	2 Qtrs
Net loss per unit attributable to common units (diluted) (in dollar per share)	`NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted`	$0.55	USD	1 Quarter
Net loss per unit attributable to common units (diluted) (in dollar per share)	`NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted`	$0.04	USD	1 Quarter
Net loss per unit attributable to common units (diluted) (in dollar per share)	`NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted`	$0.02	USD	2 Qtrs
Net loss per unit attributable to common units (diluted) (in dollar per share)	`NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted`	$0.42	USD	2 Qtrs
Weighted average number of common units outstanding Basic (in units)	`WeightedAverageLimitedPartnershipUnitsOutstanding`	55.42M	shares	1 Quarter
Weighted average number of common units outstanding Basic (in units)	`WeightedAverageLimitedPartnershipUnitsOutstanding`	50.71M	shares	2 Qtrs
Weighted average number of common units outstanding Basic (in units)	`WeightedAverageLimitedPartnershipUnitsOutstanding`	39.31M	shares	1 Quarter
Weighted average number of common units outstanding Basic (in units)	`WeightedAverageLimitedPartnershipUnitsOutstanding`	38.51M	shares	2 Qtrs
Weighted average number of common units outstanding Diluted (in units)	`WeightedAverageLimitedPartnershipUnitsOutstandingDiluted`	65.32M	shares	2 Qtrs
Weighted average number of common units outstanding Diluted (in units)	`WeightedAverageLimitedPartnershipUnitsOutstandingDiluted`	65.54M	shares	1 Quarter
Weighted average number of common units outstanding Diluted (in units)	`WeightedAverageLimitedPartnershipUnitsOutstandingDiluted`	41.12M	shares	1 Quarter
Weighted average number of common units outstanding Diluted (in units)	`WeightedAverageLimitedPartnershipUnitsOutstandingDiluted`	40.20M	shares	2 Qtrs

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$8.41M	USD	1 Quarter
Net income	`ProfitLoss`	$3.71M	USD	1 Quarter
Net income	`ProfitLoss`	$4.25M	USD	2 Qtrs
Net income	`ProfitLoss`	$43.29M	USD	1 Quarter
Net income	`ProfitLoss`	$51.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$537.19K	USD	1 Quarter
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.80M	USD	Point-in-time
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$22.03M	USD	2 Qtrs
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$16.25M	USD	2 Qtrs
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.96M	USD	Point-in-time
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$8.34M	USD	1 Quarter
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.10M	USD	Point-in-time
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$11.27M	USD	1 Quarter
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.05M	USD	Point-in-time
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	2 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	2 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	1 Quarter
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	1 Quarter
Amortization of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$157.30K	USD	2 Qtrs
Amortization of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$145.70K	USD	2 Qtrs
Amortization of loan origination costs	`AmortizationOfFinancingCosts`	$901.66K	USD	2 Qtrs
Amortization of loan origination costs	`AmortizationOfFinancingCosts`	$753.48K	USD	2 Qtrs
Equity income in affiliate	`IncomeLossFromEquityMethodInvestments`	$3.63M	USD	2 Qtrs
Equity income in affiliate	`IncomeLossFromEquityMethodInvestments`	$3.39M	USD	1 Quarter
Equity income in affiliate	`IncomeLossFromEquityMethodInvestments`	$458.62K	USD	2 Qtrs
Equity income in affiliate	`IncomeLossFromEquityMethodInvestments`	$273.54K	USD	1 Quarter
Cash distribution from affiliate	`EquityMethodInvestmentDividendsOrDistributions`	$490.28K	USD	2 Qtrs
Cash distribution from affiliate	`EquityMethodInvestmentDividendsOrDistributions`	$3.77M	USD	2 Qtrs
Forfeiture of restricted units	`ForfeitureOfRestrictedUnitsCashProceeds`	$-19.81K	USD	2 Qtrs
Unit-based compensation	`ShareBasedCompensation`	$5.44M	USD	2 Qtrs
Unit-based compensation	`ShareBasedCompensation`	$5.14M	USD	2 Qtrs
Loss on derivative instruments, net of settlements	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$-12.12M	USD	2 Qtrs
Loss on derivative instruments, net of settlements	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$-23.72M	USD	2 Qtrs
Oil, natural gas and NGL receivables	`IncreaseDecreaseInOilAndGasBillingReceivables`	$18.45M	USD	2 Qtrs
Oil, natural gas and NGL receivables	`IncreaseDecreaseInOilAndGasBillingReceivables`	$6.17M	USD	2 Qtrs
Accounts receivable and other current assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-906.12K	USD	2 Qtrs
Accounts receivable and other current assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$576.67K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$139.62K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$741.97K	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$134.91K	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$1.86M	USD	2 Qtrs
Operating lease liabilities	`OperatingLeaseLiabilities`	$-159.72K	USD	2 Qtrs
Operating lease liabilities	`OperatingLeaseLiabilities`	$-152.88K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$76.46M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$43.96M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipmentExcludingPaymentsToAcquireOilAndGasProperty`	$75.40K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipmentExcludingPaymentsToAcquireOilAndGasProperty`	$693.11K	USD	2 Qtrs
Purchase of oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$443.98K	USD	2 Qtrs
Purchase of oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$515.58K	USD	2 Qtrs
Cash distribution from affiliate	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$3.47M	USD	2 Qtrs
Cash distribution from affiliate	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$185.60K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-233.95M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.02M	USD	2 Qtrs
Costs associated with equity offering	`NetProceedsFromIssuanceOrSaleOfEquity`	$-325.51K	USD	2 Qtrs
Redemption of Class B contributions on converted units	`RefundOfClassBContributionsOnConvertedUnits`	$470.00K	USD	2 Qtrs
Redemption of Class B contributions on converted units	`RefundOfClassBContributionsOnConvertedUnits`	$158.41K	USD	2 Qtrs
Distributions to common unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$18.13M	USD	2 Qtrs
Distributions to common unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$44.40M	USD	2 Qtrs
Distribution to OpCo unitholders	`DistributionMadeToOperatingCompanyCommonUnitholdersCashDistributionsPaid`	$9.56M	USD	2 Qtrs
Distribution to OpCo unitholders	`DistributionMadeToOperatingCompanyCommonUnitholdersCashDistributionsPaid`	$10.38M	USD	2 Qtrs
Distribution and accretion on Series A preferred units	`DistributionMadeToSeriesRedeemablePreferredStockPaid`	$1.93M	USD	2 Qtrs
Distribution on Class B units	`DistributionMadeToClassBUnitholdersPaid`	$41.56K	USD	2 Qtrs
Distribution on Class B units	`DistributionMadeToClassBUnitholdersPaid`	$25.82K	USD	2 Qtrs
Borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$36.20M	USD	2 Qtrs
Borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$4.48M	USD	2 Qtrs
Repayments on long-term debt	`RepaymentsOfLongTermDebt`	$13.10M	USD	2 Qtrs
Repayments on long-term debt	`RepaymentsOfLongTermDebt`	$37.20M	USD	2 Qtrs
Payment of loan origination costs	`PaymentsOfLoanCosts`	$435.14K	USD	2 Qtrs
Payment of loan origination costs	`PaymentsOfLoanCosts`	$210.94K	USD	2 Qtrs
Restricted units repurchased for tax withholding	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-1.14M	USD	2 Qtrs
Restricted units repurchased for tax withholding	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-3.34M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$164.55M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-39.78M	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.05M	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.16M	USD	2 Qtrs
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.80M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.96M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.10M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.05M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.80M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.96M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.10M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.05M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$3.43M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$5.03M	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	$2.04M	USD	2 Qtrs
Noncash deemed distribution to Series A preferred units	`NonCashDeemedDistributionToTemporaryEquity`	$1.23M	USD	2 Qtrs
Recognition of tenant improvement asset	`CapitalExpendituresIncurredTenantImprovementAllowance`	$62.50K	USD	2 Qtrs

Stockholders Equity 51 line items

Line Item	Tag	Value	Unit	Period
Unitholders' capital, beginning balance	`PartnersCapital`	$475.68M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapital`	$329.60M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$326.32M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$335.63M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$348.85M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$312.65M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$325.00M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$313.13M	USD	Point-in-time
Unitholders' capital, beginning balance (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	47.16M	shares	Point-in-time
Unitholders' capital, beginning balance (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	57.33M	shares	Point-in-time
Costs associated with equity offering	`StockIssuanceCost`	$325.51K	USD	1 Quarter
Conversion of Class B units to common units	`ConversionOfStockValue`	$-2.10K	USD	1 Quarter
Conversion of Class B units to common units	`ConversionOfStockValue`	$-467.90K	USD	1 Quarter
Conversion of Class B units to common units	`ConversionOfStockValue`	$-158.41K	USD	1 Quarter
Restricted units repurchased for tax withholding	`EquityImpactOfRestrictedUnitsUsedForTaxWithholdings`	$220.68K	USD	1 Quarter
Restricted units repurchased for tax withholding	`EquityImpactOfRestrictedUnitsUsedForTaxWithholdings`	$3.34M	USD	1 Quarter
Restricted units repurchased for tax withholding	`EquityImpactOfRestrictedUnitsUsedForTaxWithholdings`	$923.59K	USD	1 Quarter
Forfeiture of restricted units	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	$19.81K	USD	1 Quarter
Unit-based compensation	`PartnersCapitalAccountUnitBasedCompensation`	$2.74M	USD	1 Quarter
Unit-based compensation	`PartnersCapitalAccountUnitBasedCompensation`	$2.19M	USD	1 Quarter
Unit-based compensation	`PartnersCapitalAccountUnitBasedCompensation`	$2.95M	USD	1 Quarter
Unit-based compensation	`PartnersCapitalAccountUnitBasedCompensation`	$2.69M	USD	1 Quarter
Distributions to unitholders	`PartnersCapitalAccountDistributions`	$23.97M	USD	1 Quarter
Distributions to unitholders	`PartnersCapitalAccountDistributions`	$16.34M	USD	1 Quarter
Distributions to unitholders	`PartnersCapitalAccountDistributions`	$30.81M	USD	1 Quarter
Distributions to unitholders	`PartnersCapitalAccountDistributions`	$11.34M	USD	1 Quarter
Distribution and accretion on Series A preferred units	`PartnersCapitalAccountDistributionsSeriesRedeemablePreferredUnits`	$1.58M	USD	1 Quarter
Distribution and accretion on Series A preferred units	`PartnersCapitalAccountDistributionsSeriesRedeemablePreferredUnits`	$1.58M	USD	1 Quarter
Distribution on Class B units	`DistributionMadeToLimitedPartnerCashDistributionsDeclared`	$20.78K	USD	1 Quarter
Distribution on Class B units	`DistributionMadeToLimitedPartnerCashDistributionsDeclared`	$8.21K	USD	1 Quarter
Distribution on Class B units	`DistributionMadeToLimitedPartnerCashDistributionsDeclared`	$20.78K	USD	1 Quarter
Distribution on Class B units	`DistributionMadeToLimitedPartnerCashDistributionsDeclared`	$17.61K	USD	1 Quarter
Proceeds from issuance of TGR public warrants	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$11.50M	USD	1 Quarter
Accretion of redeemable noncontrolling interest in Kimbell Tiger Acquisition Corporation	`AccretionOfRedeemableNoncontrollingInterest`	$30.18M	USD	1 Quarter
Accretion of redeemable noncontrolling interest in Kimbell Tiger Acquisition Corporation	`AccretionOfRedeemableNoncontrollingInterest`	$1.74M	USD	1 Quarter
Net income	`ProfitLoss`	$8.41M	USD	1 Quarter
Net income	`ProfitLoss`	$3.71M	USD	1 Quarter
Net income	`ProfitLoss`	$4.25M	USD	2 Qtrs
Net income	`ProfitLoss`	$43.29M	USD	1 Quarter
Net income	`ProfitLoss`	$51.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$537.19K	USD	1 Quarter
Unitholders' capital, ending balance	`PartnersCapital`	$475.68M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapital`	$329.60M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$326.32M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$335.63M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$348.85M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$312.65M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$325.00M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$313.13M	USD	Point-in-time
Unitholders' capital, ending balance (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	47.16M	shares	Point-in-time
Unitholders' capital, ending balance (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	57.33M	shares	Point-in-time

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