10-K Filing

KIMBELL ROYALTY PARTNERS, LP CIK: 1657788 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001558370-24-001427`
Period End Date	20231231
Filing Date	20240221
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	krp-20231231x10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 76 Cash Flow Statement 123 Stockholders Equity 46

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Oil and natural gas properties excluded from depletion	`UnprovedOilAndGasPropertyFullCostMethodGross`	$222.71M	USD	Point-in-time
Oil and natural gas properties excluded from depletion	`UnprovedOilAndGasPropertyFullCostMethodGross`	$207.70M	USD	Point-in-time
Temporary equity, issued (in units)	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Temporary equity, issued (in units)	`TemporaryEquitySharesIssued`	325,000.00	shares	Point-in-time
Temporary equity, outstanding (in units)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Temporary equity, outstanding (in units)	`TemporaryEquitySharesOutstanding`	325,000.00	shares	Point-in-time
Common units, issued (in units)	`LimitedPartnersCapitalAccountUnitsIssued`	73.85M	shares	Point-in-time
Common units, issued (in units)	`LimitedPartnersCapitalAccountUnitsIssued`	64.23M	shares	Point-in-time
Common units, outstanding (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	64.23M	shares	Point-in-time
Common units, outstanding (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	73.85M	shares	Point-in-time
Class B units, issued (in units)	`LimitedPartnersClassBCapitalAccountUnitsIssued`	15.48M	shares	Point-in-time
Class B units, issued (in units)	`LimitedPartnersClassBCapitalAccountUnitsIssued`	20.85M	shares	Point-in-time
Class B units, outstanding (in units)	`LimitedPartnersClassBCapitalAccountUnitsOutstanding`	15.48M	shares	Point-in-time
Class B units, outstanding (in units)	`LimitedPartnersClassBCapitalAccountUnitsOutstanding`	20.85M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.64M	USD	Point-in-time
Oil, natural gas and NGL receivables	`OilAndGasBillingReceivables`	$46.99M	USD	Point-in-time
Oil, natural gas and NGL receivables	`OilAndGasBillingReceivables`	$59.02M	USD	Point-in-time
Derivative assets	`CommodityContractAssetCurrent`	$11.43M	USD	Point-in-time
Accounts receivable and other current assets	`AccountsReceivableNetCurrentAndOtherAssetsCurrent`	$1.70M	USD	Point-in-time
Accounts receivable and other current assets	`AccountsReceivableNetCurrentAndOtherAssetsCurrent`	$3.56M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$75.19M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$103.14M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$589.89K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$953.78K	USD	Point-in-time
Oil and natural gas properties, using full cost method of accounting ($222,712,844 and $207,695,343 excluded from depletion at December 31, 2023 and 2022, respectively)	`OilAndGasPropertyFullCostMethodGross`	$2.05B	USD	Point-in-time
Oil and natural gas properties, using full cost method of accounting ($222,712,844 and $207,695,343 excluded from depletion at December 31, 2023 and 2022, respectively)	`OilAndGasPropertyFullCostMethodGross`	$1.47B	USD	Point-in-time
Less: accumulated depreciation, depletion and impairment	`OilAndGasPropertyFullCostMethodDepletion`	$827.03M	USD	Point-in-time
Less: accumulated depreciation, depletion and impairment	`OilAndGasPropertyFullCostMethodDepletion`	$712.72M	USD	Point-in-time
Total oil and natural gas properties	`OilAndGasPropertyFullCostMethodNet`	$1.22B	USD	Point-in-time
Total oil and natural gas properties	`OilAndGasPropertyFullCostMethodNet`	$753.27M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$2.19M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$2.53M	USD	Point-in-time
Derivative assets	`CommodityContractAssetNoncurrent`	$2.89M	USD	Point-in-time
Derivative assets	`CommodityContractAssetNoncurrent`	$754.79K	USD	Point-in-time
Loan origination costs, net	`DeferredFinanceCostsNoncurrentNet`	$3.00M	USD	Point-in-time
Loan origination costs, net	`DeferredFinanceCostsNoncurrentNet`	$7.33M	USD	Point-in-time
Total assets	`Assets`	$1.34B	USD	Point-in-time
Total assets	`Assets`	$1.08B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.59M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.21M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$6.17M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$4.91M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$12.65M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$208.71K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$18.77M	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$1.89M	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$2.24M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesNoncurrent`	$60.09K	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesNoncurrent`	$432.14K	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$233.02M	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$294.20M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$197.92K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$322.92K	USD	Point-in-time
Total liabilities	`Liabilities`	$263.34M	USD	Point-in-time
Total liabilities	`Liabilities`	$309.32M	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Series A preferred units (325,000 units and zero units issued and outstanding as of December 31, 2023 and 2022, respectively)	`TemporaryEquityCarryingAmountAttributableToParent`	$314.42M	USD	Point-in-time
Series A preferred units (325,000 units and zero units issued and outstanding as of December 31, 2023 and 2022, respectively)	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Redeemable non-controlling interest in Kimbell Tiger Acquisition Corporation	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$236.90M	USD	Point-in-time
Redeemable non-controlling interest in Kimbell Tiger Acquisition Corporation	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Common units (73,851,458 units and 64,231,833 units issued and outstanding as of December 31, 2023 and 2022, respectively)	`LimitedPartnersCommonCapitalAccount`	$670.53M	USD	Point-in-time
Common units (73,851,458 units and 64,231,833 units issued and outstanding as of December 31, 2023 and 2022, respectively)	`LimitedPartnersCommonCapitalAccount`	$601.84M	USD	Point-in-time
Class B units (20,847,295 and 15,484,400 units issued and outstanding as of December 31, 2023 and 2022, respectively)	`LimitedPartnersClassBCapitalAccount`	$774.22K	USD	Point-in-time
Class B units (20,847,295 and 15,484,400 units issued and outstanding as of December 31, 2023 and 2022, respectively)	`LimitedPartnersClassBCapitalAccount`	$1.04M	USD	Point-in-time
Total Kimbell Royalty Partners, LP unitholders' equity	`PartnersCapital`	$602.62M	USD	Point-in-time
Total Kimbell Royalty Partners, LP unitholders' equity	`PartnersCapital`	$671.57M	USD	Point-in-time
Non-controlling interest (deficit) in OpCo	`PartnersCapitalAttributableToNoncontrollingInterest`	$42.47M	USD	Point-in-time
Non-controlling interest (deficit) in OpCo	`PartnersCapitalAttributableToNoncontrollingInterest`	$-26.11M	USD	Point-in-time
Total unitholders' equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$348.85M	USD	Point-in-time
Total unitholders' equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$576.51M	USD	Point-in-time
Total unitholders' equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$714.04M	USD	Point-in-time
Total unitholders' equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$335.63M	USD	Point-in-time
Total liabilities, mezzanine equity and unitholders' equity	`LiabilitiesAndStockholdersEquity`	$1.34B	USD	Point-in-time
Total liabilities, mezzanine equity and unitholders' equity	`LiabilitiesAndStockholdersEquity`	$1.08B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$175.09M	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$281.96M	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$267.58M	USD	Annual
Lease bonus and other income	`ResultsOfLeaseBonusAndOtherIncome`	$5.59M	USD	Annual
Lease bonus and other income	`ResultsOfLeaseBonusAndOtherIncome`	$3.32M	USD	Annual
Lease bonus and other income	`ResultsOfLeaseBonusAndOtherIncome`	$3.07M	USD	Annual
Gain (loss) on commodity derivative instruments, net	`UnrealizedGainLossOnCommodityContracts`	$-42.79M	USD	Annual
Gain (loss) on commodity derivative instruments, net	`UnrealizedGainLossOnCommodityContracts`	$20.89M	USD	Annual
Gain (loss) on commodity derivative instruments, net	`UnrealizedGainLossOnCommodityContracts`	$-36.98M	USD	Annual
Total revenues	`Revenues`	$135.62M	USD	Annual
Total revenues	`Revenues`	$248.06M	USD	Annual
Total revenues	`Revenues`	$294.07M	USD	Annual
Production and ad valorem taxes	`ProductionTaxExpense`	$16.24M	USD	Annual
Production and ad valorem taxes	`ProductionTaxExpense`	$10.48M	USD	Annual
Production and ad valorem taxes	`ProductionTaxExpense`	$20.33M	USD	Annual
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$50.09M	USD	Annual
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$96.48M	USD	Annual
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$36.80M	USD	Annual
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	Annual
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$18.22M	USD	Annual
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	Annual
Marketing and other deductions	`SellingAndMarketingExpense`	$12.05M	USD	Annual
Marketing and other deductions	`SellingAndMarketingExpense`	$12.56M	USD	Annual
Marketing and other deductions	`SellingAndMarketingExpense`	$13.38M	USD	Annual
General and administrative expense	`SellingGeneralAndAdministrativeExpense`	$29.13M	USD	Annual
General and administrative expense	`SellingGeneralAndAdministrativeExpense`	$26.98M	USD	Annual
General and administrative expense	`SellingGeneralAndAdministrativeExpense`	$35.68M	USD	Annual
General and administrative expense consolidated variable interest entities	`SellingAndGeneralAndAdministrativeExpenseConsolidatedVariableInterestEntities`	$2.30M	USD	Annual
General and administrative expense consolidated variable interest entities	`SellingAndGeneralAndAdministrativeExpenseConsolidatedVariableInterestEntities`	$927.70K	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$111.14M	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$86.30M	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$184.19M	USD	Annual
Operating income	`OperatingIncomeLoss`	$109.87M	USD	Annual
Operating income	`OperatingIncomeLoss`	$136.92M	USD	Annual
Operating income	`OperatingIncomeLoss`	$49.31M	USD	Annual
Equity income in affiliate	`IncomeLossFromEquityMethodInvestments`	$2.67M	USD	Annual
Equity income in affiliate	`IncomeLossFromEquityMethodInvestments`	$1.12M	USD	Annual
Interest expense	`InterestExpense`	$9.18M	USD	Annual
Interest expense	`InterestExpense`	$13.82M	USD	Annual
Interest expense	`InterestExpense`	$25.95M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-480.24K	USD	Annual
Other (expense) income	`OtherNonoperatingIncomeExpense`	$1.26M	USD	Annual
Other (expense) income	`OtherNonoperatingIncomeExpense`	$4.04M	USD	Annual
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-180.76K	USD	Annual
Net income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$42.51M	USD	Annual
Net income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$133.53M	USD	Annual
Net income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$86.77M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$2.74M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$3.77M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$74.10K	USD	Annual
Net income	`ProfitLoss`	$42.44M	USD	Annual
Net income	`ProfitLoss`	$83.01M	USD	Annual
Net income	`ProfitLoss`	$130.79M	USD	Annual
Distribution and accretion on Series A preferred units	`PreferredStockDividendsIncomeStatementImpact`	$6.31M	USD	Annual
Distribution and accretion on Series A preferred units	`PreferredStockDividendsIncomeStatementImpact`	$11.25M	USD	Annual
Net income and distributions and accretion on Series A preferred units attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$16.46M	USD	Annual
Net income and distributions and accretion on Series A preferred units attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.50M	USD	Annual
Net income and distributions and accretion on Series A preferred units attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.82M	USD	Annual
Distribution on Class B units	`CommonDividendsIncomeStatementImpact`	$76.78K	USD	Annual
Distribution on Class B units	`CommonDividendsIncomeStatementImpact`	$88.79K	USD	Annual
Distribution on Class B units	`CommonDividendsIncomeStatementImpact`	$42.24K	USD	Annual
Net income attributable to common units of Kimbell Royalty Partners, LP	`NetIncomeLossAvailableToCommonaStockholdersBasic`	$111.93M	USD	Annual
Net income attributable to common units of Kimbell Royalty Partners, LP	`NetIncomeLossAvailableToCommonaStockholdersBasic`	$60.14M	USD	Annual
Net income attributable to common units of Kimbell Royalty Partners, LP	`NetIncomeLossAvailableToCommonaStockholdersBasic`	$22.62M	USD	Annual
Net income per unit attributable to common units (basic) (in dollar per share)	`NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax`	$0.93	USD	Annual
Net income per unit attributable to common units (basic) (in dollar per share)	`NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax`	$1.75	USD	Annual
Net income per unit attributable to common units (basic) (in dollar per share)	`NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax`	$0.56	USD	Annual
Net income per unit attributable to common units (diluted) (in dollar per share)	`NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted`	$1.72	USD	Annual
Net income per unit attributable to common units (diluted) (in dollar per share)	`NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted`	$0.51	USD	Annual
Net income per unit attributable to common units (diluted) (in dollar per share)	`NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted`	$0.91	USD	Annual
Weighted average number of common units outstanding Basic (in units)	`WeightedAverageLimitedPartnershipUnitsOutstanding`	66.60M	shares	Annual
Weighted average number of common units outstanding Basic (in units)	`WeightedAverageLimitedPartnershipUnitsOutstanding`	54.11M	shares	Annual
Weighted average number of common units outstanding Basic (in units)	`WeightedAverageLimitedPartnershipUnitsOutstanding`	40.40M	shares	Annual
Weighted average number of common units outstanding Diluted (in units)	`WeightedAverageLimitedPartnershipUnitsOutstandingDiluted`	65.84M	shares	Annual
Weighted average number of common units outstanding Diluted (in units)	`WeightedAverageLimitedPartnershipUnitsOutstandingDiluted`	60.96M	shares	Annual
Weighted average number of common units outstanding Diluted (in units)	`WeightedAverageLimitedPartnershipUnitsOutstandingDiluted`	93.06M	shares	Annual

Cash Flow Statement 123 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$42.44M	USD	Annual
Net income	`ProfitLoss`	$83.01M	USD	Annual
Net income	`ProfitLoss`	$130.79M	USD	Annual
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$50.09M	USD	Annual
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$96.48M	USD	Annual
Depreciation and depletion expense	`DepreciationDepletionAndAmortization`	$36.80M	USD	Annual
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.99M	USD	Point-in-time
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	Annual
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$18.22M	USD	Annual
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.05M	USD	Point-in-time
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	Annual
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.03M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.80M	USD	Point-in-time
Amortization of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$336.08K	USD	Annual
Amortization of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$298.09K	USD	Annual
Amortization of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$319.67K	USD	Annual
Amortization of loan origination costs	`AmortizationOfFinancingCosts`	$1.94M	USD	Annual
Amortization of loan origination costs	`AmortizationOfFinancingCosts`	$1.87M	USD	Annual
Amortization of loan origination costs	`AmortizationOfFinancingCosts`	$1.56M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-480.24K	USD	Annual
Equity income in affiliate	`IncomeLossFromEquityMethodInvestments`	$2.67M	USD	Annual
Equity income in affiliate	`IncomeLossFromEquityMethodInvestments`	$1.12M	USD	Annual
Cash distribution from affiliate	`EquityMethodInvestmentDividendsOrDistributions`	$3.77M	USD	Annual
Cash distribution from affiliate	`EquityMethodInvestmentDividendsOrDistributions`	$1.02M	USD	Annual
Forfeiture of restricted units	`ForfeitureOfRestrictedUnitsCashProceeds`	$-19.81K	USD	Annual
Unit-based compensation	`ShareBasedCompensation`	$11.11M	USD	Annual
Unit-based compensation	`ShareBasedCompensation`	$10.63M	USD	Annual
Unit-based compensation	`ShareBasedCompensation`	$13.11M	USD	Annual
(Gain) loss on derivative instruments, net of settlements	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$26.37M	USD	Annual
(Gain) loss on derivative instruments, net of settlements	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$14.30M	USD	Annual
(Gain) loss on derivative instruments, net of settlements	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$-20.34M	USD	Annual
Oil, natural gas and NGL receivables	`IncreaseDecreaseInOilAndGasBillingReceivables`	$11.85M	USD	Annual
Oil, natural gas and NGL receivables	`IncreaseDecreaseInOilAndGasBillingReceivables`	$12.03M	USD	Annual
Oil, natural gas and NGL receivables	`IncreaseDecreaseInOilAndGasBillingReceivables`	$17.59M	USD	Annual
Accounts receivable and other current assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$2.08M	USD	Annual
Accounts receivable and other current assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$511.32K	USD	Annual
Accounts receivable and other current assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-1.86M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$399.32K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$509.40K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-77.72K	USD	Annual
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-463.83K	USD	Annual
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$1.59M	USD	Annual
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$1.26M	USD	Annual
Operating lease liabilities	`OperatingLeaseLiabilities`	$-306.81K	USD	Annual
Operating lease liabilities	`OperatingLeaseLiabilities`	$-348.67K	USD	Annual
Operating lease liabilities	`OperatingLeaseLiabilities`	$-324.91K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$174.27M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$91.44M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$166.64M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipmentExcludingPaymentsToAcquireOilAndGasProperty`	$141.30K	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipmentExcludingPaymentsToAcquireOilAndGasProperty`	$772.69K	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipmentExcludingPaymentsToAcquireOilAndGasProperty`	$163.14K	USD	Annual
Purchase of oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$55.30M	USD	Annual
Purchase of oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$490.67M	USD	Annual
Purchase of oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$141.30M	USD	Annual
Proceeds from trust of variable interest entity	`ProceedsFromTrustOfVariableInterestEntity`	$930.85K	USD	Annual
Cash distribution from affiliate	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$500.39K	USD	Annual
Cash distribution from affiliate	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$3.64M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-374.72M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-246.68M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-55.57M	USD	Annual
Proceeds from the issuance of Series A preferred units, net of issuance costs	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$313.95M	USD	Annual
Proceeds from equity offering, net of issuance costs	`NetProceedsFromIssuanceOrSaleOfEquity`	$110.71M	USD	Annual
Proceeds from equity offering, net of issuance costs	`NetProceedsFromIssuanceOrSaleOfEquity`	$57.52M	USD	Annual
Proceeds from equity offering, net of issuance costs	`NetProceedsFromIssuanceOrSaleOfEquity`	$116.12M	USD	Annual
Contributions from Class B unitholders	`ProceedsFromContributionsOfClassBUnitholders`	$363.64K	USD	Annual
Contributions from Class B unitholders	`ProceedsFromContributionsOfClassBUnitholders`	$268.46K	USD	Annual
Redemption of Class B contributions on converted units	`RefundOfClassBContributionsOnConvertedUnits`	$158.41K	USD	Annual
Redemption of Class B contributions on converted units	`RefundOfClassBContributionsOnConvertedUnits`	$316.00	USD	Annual
Redemption of Class B contributions on converted units	`RefundOfClassBContributionsOnConvertedUnits`	$470.00K	USD	Annual
Redemption on Series A preferred units	`RedemptionOfSeriesPreferredUnits`	$67.08M	USD	Annual
Distribution to common unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$107.40M	USD	Annual
Distribution to common unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$120.37M	USD	Annual
Distribution to common unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$47.31M	USD	Annual
Distribution to OpCo unitholders	`DistributionMadeToOperatingCompanyCommonUnitholdersCashDistributionsPaid`	$21.53M	USD	Annual
Distribution to OpCo unitholders	`DistributionMadeToOperatingCompanyCommonUnitholdersCashDistributionsPaid`	$31.55M	USD	Annual
Distribution to OpCo unitholders	`DistributionMadeToOperatingCompanyCommonUnitholdersCashDistributionsPaid`	$19.32M	USD	Annual
Distribution on Series A preferred units	`DistributionMadeToSeriesRedeemablePreferredStockPaid`	$961.64K	USD	Annual
Distribution on Series A preferred units	`DistributionMadeToSeriesRedeemablePreferredStockPaid`	$2.80M	USD	Annual
Distribution on Class B units	`DistributionMadeToClassBUnitholdersPaid`	$42.24K	USD	Annual
Distribution on Class B units	`DistributionMadeToClassBUnitholdersPaid`	$76.78K	USD	Annual
Distribution on Class B units	`DistributionMadeToClassBUnitholdersPaid`	$88.79K	USD	Annual
Borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$136.57M	USD	Annual
Borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$199.20M	USD	Annual
Borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$201.08M	USD	Annual
Repayments on long-term debt	`RepaymentsOfLongTermDebt`	$139.90M	USD	Annual
Repayments on long-term debt	`RepaymentsOfLongTermDebt`	$183.30M	USD	Annual
Repayments on long-term debt	`RepaymentsOfLongTermDebt`	$91.00M	USD	Annual
Payment of loan origination costs	`PaymentsOfLoanCosts`	$662.32K	USD	Annual
Payment of loan origination costs	`PaymentsOfLoanCosts`	$6.74M	USD	Annual
Payment of loan origination costs	`PaymentsOfLoanCosts`	$684.77K	USD	Annual
Restricted units repurchased for tax withholding	`ExcessTaxBenefitsFromShareBasedCompensationFinancingActivities`	$-4.85M	USD	Annual
Restricted units repurchased for tax withholding	`ExcessTaxBenefitsFromShareBasedCompensationFinancingActivities`	$-2.06M	USD	Annual
Restricted units repurchased for tax withholding	`ExcessTaxBenefitsFromShareBasedCompensationFinancingActivities`	$-3.34M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-38.62M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$226.06M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$78.38M	USD	Annual
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.75M	USD	Annual
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.97M	USD	Annual
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$17.97M	USD	Annual
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.99M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.05M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.03M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.80M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.99M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.05M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.03M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.80M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$7.54M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$23.73M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$11.21M	USD	Annual
Cash paid for taxes	`IncomeTaxesPaidNet`	$3.08M	USD	Annual
Cash paid for taxes	`IncomeTaxesPaidNet`	$2.28M	USD	Annual
Units issued in exchange for oil and natural gas properties	`NonCashUnitsIssuedInExchangeForOilAndNaturalGasProperties`	$92.04M	USD	Annual
Units issued in exchange for oil and natural gas properties	`NonCashUnitsIssuedInExchangeForOilAndNaturalGasProperties`	$120.29M	USD	Annual
Noncash effect of Series A preferred unit redemption	`NonCashSeriesPreferredUnitRedemption`	$14.89M	USD	Annual
Noncash deemed distribution to Series A preferred units	`NonCashDeemedDistributionToTemporaryEquity`	$473.57K	USD	Annual
Noncash deemed distribution to Series A preferred units	`NonCashDeemedDistributionToTemporaryEquity`	$9.43M	USD	Annual
Distribution on Series A preferred units in accounts payable	`DistributionToClassaPreferredUnitholdersInAccountsPayable`	$4.88M	USD	Annual
Recognition of tenant improvement asset	`CapitalExpendituresIncurredTenantImprovementAllowance`	$125.00K	USD	Annual
Recognition of tenant improvement asset	`CapitalExpendituresIncurredTenantImprovementAllowance`	$447.92K	USD	Annual
Recognition of tenant improvement asset	`CapitalExpendituresIncurredTenantImprovementAllowance`	$125.00K	USD	Annual
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$19.64K	USD	Annual

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Unitholders' capital, beginning balance	`PartnersCapital`	$602.62M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapital`	$671.57M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$348.85M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$576.51M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$714.04M	USD	Point-in-time
Unitholders' capital, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$335.63M	USD	Point-in-time
Unitholders' capital, beginning balance (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	64.23M	shares	Point-in-time
Unitholders' capital, beginning balance (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	73.85M	shares	Point-in-time
Common units issued for equity offering	`StockIssuedDuringPeriodValueNewIssues`	$57.52M	USD	Annual
Common units issued for equity offering	`StockIssuedDuringPeriodValueNewIssues`	$110.71M	USD	Annual
Common units issued for equity offering	`StockIssuedDuringPeriodValueNewIssues`	$116.12M	USD	Annual
Conversion of Class B units to common units	`ConversionOfStockValue`	$-316.00	USD	Annual
Conversion of Class B units to common units	`ConversionOfStockValue`	$-470.00K	USD	Annual
Conversion of Class B units to common units	`ConversionOfStockValue`	$-158.41K	USD	Annual
Redemption of Series A preferred units	`RedemptionOfPreferredUnits`	$-14.98M	USD	Annual
Restricted units repurchased for tax withholding	`EquityImpactOfRestrictedUnitsUsedForTaxWithholdings`	$4.85M	USD	Annual
Restricted units repurchased for tax withholding	`EquityImpactOfRestrictedUnitsUsedForTaxWithholdings`	$2.06M	USD	Annual
Restricted units repurchased for tax withholding	`EquityImpactOfRestrictedUnitsUsedForTaxWithholdings`	$3.34M	USD	Annual
Forfeiture of restricted units	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	$19.81K	USD	Annual
Units issued for acquisition	`StockIssuedForAcquisitionValue`	$92.31M	USD	Annual
Units issued for acquisition	`StockIssuedForAcquisitionValue`	$120.66M	USD	Annual
Unit-based compensation	`PartnersCapitalAccountUnitBasedCompensation`	$13.11M	USD	Annual
Unit-based compensation	`PartnersCapitalAccountUnitBasedCompensation`	$10.63M	USD	Annual
Unit-based compensation	`PartnersCapitalAccountUnitBasedCompensation`	$11.11M	USD	Annual
Distributions to unitholders	`PartnersCapitalAccountDistributions`	$126.73M	USD	Annual
Distributions to unitholders	`PartnersCapitalAccountDistributions`	$68.84M	USD	Annual
Distributions to unitholders	`PartnersCapitalAccountDistributions`	$151.92M	USD	Annual
Distribution and accretion on Series A preferred units	`PartnersCapitalAccountDistributionsSeriesRedeemablePreferredUnits`	$11.25M	USD	Annual
Distribution and accretion on Series A preferred units	`PartnersCapitalAccountDistributionsSeriesRedeemablePreferredUnits`	$6.31M	USD	Annual
Distribution on Class B units	`DistributionMadeToLimitedPartnerCashDistributionsDeclared`	$88.79K	USD	Annual
Distribution on Class B units	`DistributionMadeToLimitedPartnerCashDistributionsDeclared`	$76.78K	USD	Annual
Distribution on Class B units	`DistributionMadeToLimitedPartnerCashDistributionsDeclared`	$42.24K	USD	Annual
Proceeds from issuance of TGR public warrants	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$11.50M	USD	Annual
Accretion of redeemable non-controlling interest in Kimbell Tiger Acquisition Corporation	`AccretionOfRedeemableNoncontrollingInterest`	$31.91M	USD	Annual
Accretion of redeemable non-controlling interest in Kimbell Tiger Acquisition Corporation	`AccretionOfRedeemableNoncontrollingInterest`	$-1.57M	USD	Annual
Net income	`ProfitLoss`	$42.44M	USD	Annual
Net income	`ProfitLoss`	$83.01M	USD	Annual
Net income	`ProfitLoss`	$130.79M	USD	Annual
Unitholders' capital, ending balance	`PartnersCapital`	$602.62M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapital`	$671.57M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$348.85M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$576.51M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$714.04M	USD	Point-in-time
Unitholders' capital, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$335.63M	USD	Point-in-time
Unitholders' capital, ending balance (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	64.23M	shares	Point-in-time
Unitholders' capital, ending balance (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	73.85M	shares	Point-in-time

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