| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flow from operating activities: | ||||||||||||
Net income | ||||||||||||
24,120 | 30,914 | 41,154 | 50,395 | 58,496 | 101,107 | 0 | 0 | 0 | - | - | - | - |
Net income (loss) | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
Amortization of royalty interests in oil and natural gas properties | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Depreciation of property and equipment | ||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - |
Gain on sale of assets | ||||||||||||
- | - | - | - | - | 41,382 | 0 | 0 | 0 | - | - | - | - |
Unrealized (gain) loss on hedging activities | ||||||||||||
- | - | - | - | - | -1,151 | 0 | 0 | 0 | - | - | - | - |
Amortization of royalty interests in oil and natural gas properties | ||||||||||||
- | - | - | - | - | 18,536 | 0 | 0 | 0 | - | - | - | - |
Accretion of asset retirement obligation | ||||||||||||
- | - | - | - | - | 7 | 0 | 0 | 0 | - | - | - | - |
Amortization of debt issuance costs | ||||||||||||
643 | 643 | 643 | 639 | 493 | 457 | 0 | 0 | 0 | - | - | - | - |
Amortization of right-of-use assets | ||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - |
Stock-based compensation | ||||||||||||
3,173 | 2,548 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Deferred income taxes | ||||||||||||
1,899 | 2,421 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Interest earned on marketable securities held in Trust Account | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Unrealized gain on marketable securities held in Trust Account | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Changes in operating assets and liabilities | ||||||||||||
Accounts receivable | ||||||||||||
-6,817 | -3,383 | -4,057 | -5,850 | -994 | -1,882 | 0 | 0 | 0 | - | - | - | - |
Prepaid expenses | ||||||||||||
-258 | -342 | -570 | 346 | 245 | 278 | 623 | 1,025 | 932 | 1,069 | 0 | 0 | 0 |
Accounts payable and accrued expenses | ||||||||||||
18 | 1,683 | 1,807 | -2,730 | -5,831 | -4,399 | 0 | 0 | 0 | - | - | - | - |
Other liabilities | ||||||||||||
0 | - | 476 | 1,103 | 1,536 | -147 | 0 | 0 | 0 | - | - | - | - |
Accounts payable and accrued expenses | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Income taxes payable | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Net cash provided by operating activities | ||||||||||||
49,961 | 55,229 | 67,344 | 73,051 | 75,665 | 77,886 | 0 | 0 | 0 | - | - | - | - |
Cash flows from investing activities: | ||||||||||||
Purchase of property and equipment | ||||||||||||
401 | 592 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Additions to oil and natural gas properties | ||||||||||||
- | - | - | - | - | 523 | 0 | 0 | 0 | - | - | - | - |
Proceeds from the sale of assets | ||||||||||||
- | - | - | - | - | 121,130 | 0 | 0 | 0 | - | - | - | - |
Acquisition of oil and natural gas properties | ||||||||||||
15,157 | 22,761 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Net cash used in operating activities | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Net cash provided by investing activities | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Net cash provided by (used in) investing activities | ||||||||||||
-15,558 | -23,353 | -22,660 | -19,006 | -8,382 | 122,312 | 0 | 0 | 0 | - | - | - | - |
Cash flows from financing activities: | ||||||||||||
Distributions to partners | ||||||||||||
- | - | - | - | - | 143,788 | 0 | 0 | 0 | - | - | - | - |
Proceeds from credit facility | ||||||||||||
0 | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Repayments of long-term debt | ||||||||||||
18,250 | 17,500 | 30,000 | 24,500 | 23,500 | 44,000 | 0 | 0 | 0 | - | - | - | - |
Dividends paid | ||||||||||||
27,327 | 30,293 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Distributions to non-controlling interests | ||||||||||||
24,544 | 27,703 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Distribution equivalent rights paid | ||||||||||||
181 | 154 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from issuance of Class B common stock to initial stockholder | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Net cash provided by financing activities | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Net cash used in financing activities | ||||||||||||
-35,302 | -36,650 | -54,963 | -86,566 | -79,088 | -203,378 | 0 | 0 | 0 | - | - | - | - |
Net increase (decrease) in cash and cash equivalents | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Net increase (decrease) in cash and cash equivalents | ||||||||||||
- | - | - | - | - | - | - | 27,339 | 6,820 | 2,449 | 0 | 0 | 0 |
Supplemental disclosure of cash flow information: | ||||||||||||
Cash paid for interest | ||||||||||||
1,872 | 1,846 | 1,945 | 1,756 | 1,809 | 1,834 | 0 | 0 | 0 | - | - | - | - |
Non-cash investing and financing activities: | ||||||||||||
Accounts payable related to property and equipment | ||||||||||||
- | - | - | - | 0 | - | 0 | 0 | 0 | - | - | - | - |
Right-of-use assets obtained in exchange for operating leases | ||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - |
Deferred rent | ||||||||||||
- | - | - | - | 0 | - | - | - | - | - | - | - | - |
Accrued bonus paid in stock | ||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - |
Deferred offering costs included in accrued offering costs | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Change in value of common stock subject to redemption | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 |