Kimbell royalty partners, lp (KRP)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
ASSETS
Current assets
Cash and cash equivalents

14,480

14,204

20,297

16,887

13,543

15,773

16,527

8,334

6,836

5,625

6,226

5,827

3,891

Oil, natural gas and NGL receivables

14,257

19,170

16,934

18,871

21,471

18,809

17,497

6,597

6,560

6,792

5,501

4,962

6,609

Commodity derivative assets

7,339

687

2,380

1,957

29

2,981

-

-

-

-

-

-

-

Accounts receivable and other current assets

585

76

440

376

543

50

426

226

371

236

-

-

-

Other current assets

-

-

-

-

-

-

-

-

-

-

258

-

-

Prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

193

276

Total current assets

36,663

34,139

40,053

38,092

35,587

37,614

34,452

15,159

13,768

12,655

11,986

10,983

10,777

Property and equipment, net

1,297

1,327

1,202

816

755

429

452

107

128

165

204

209

236

Investment in affiliate (equity method)

4,372

2,952

2,885

-

-

-

-

-

-

-

-

-

-

Oil and natural gas properties
Oil and natural gas properties, using full cost method of accounting ($188,054,927 and $275,041,784 excluded from depletion at March 31, 2010 and December 31, 2019, respectively)

1,033,552

1,033,355

987,942

987,748

987,148

818,594

731,084

287,050

297,624

297,609

285,043

285,040

268,234

Less: accumulated depreciation, depletion and impairment

413,039

328,913

211,242

161,301

120,853

107,779

85,533

77,946

74,559

15,394

11,047

6,600

2,509

Total oil and natural gas properties, net

620,513

704,441

776,700

826,447

866,295

710,815

645,551

209,104

223,064

282,215

273,995

278,439

265,725

Deposits on oil and natural gas properties

9,681

-

986

-

-

-

-

23,533

-

-

3,949

-

2,377

Right-of-use assets, net

3,332

3,399

3,466

619

598

-

-

-

-

-

-

-

-

Commodity derivative assets

2,444

116

969

-

-

1,246

-

-

-

-

-

-

-

Other assets

-

-

-

-

-

-

-

1,189

-

-

-

-

-

Loan origination costs, net

1,950

2,217

2,483

2,749

2,920

3,178

3,436

223

239

255

270

286

302

Total assets

680,255

748,594

828,745

868,725

906,158

753,285

683,893

249,318

237,201

295,291

290,406

289,918

279,419

LIABILITIES, MEZZANINE EQUITY AND UNITHOLDERS' EQUITY
Current liabilities
Accounts payable

757

1,207

1,131

1,184

1,163

1,331

1,502

5,239

695

316

152

397

664

Other current liabilities

3,421

4,231

5,667

4,205

3,245

2,468

3,994

1,226

1,282

1,746

2,146

967

1,219

Commodity derivative liabilities

-

-

-

-

-

-

769

400

290

183

-

-

-

Total current liabilities

4,179

5,439

6,798

5,390

4,409

3,800

6,266

6,866

2,268

2,247

2,299

1,365

1,884

Operating lease liabilities, excluding current portion

3,057

3,124

3,436

615

592

-

-

-

-

-

-

-

-

Commodity derivative liabilities

-

-

-

291

967

-

3,044

599

240

134

-

-

-

Deferred tax liability

-

-

-

-

-

-

1,475

-

-

-

-

-

-

Long-term debt

101,223

100,135

91,261

87,309

87,309

87,309

148,309

42,972

30,843

30,843

22,214

18,265

3,877

Total liabilities

108,459

108,699

101,496

93,606

93,279

91,109

159,096

50,439

33,352

33,225

24,513

19,630

5,761

Commitments and contingencies (Note 15)

-

-

-

-

-

-

0

0

0

-

0

0

0

Mezzanine equity:
Series A preferred units (55,000 and 110,000 units issued and outstanding as of March 31, 2020 and December 31, 2019, respectively)

40,819

74,909

73,365

71,820

70,275

69,449

67,904

-

-

-

-

-

-

Unitholders' equity:
Common units (34,378,849 units issued and outstanding as of March 31, 2020 and 23,518,652 units issued and outstanding as of December 31, 2019)

367,263

282,549

341,969

337,096

300,579

299,821

246,793

-

-

262,065

-

-

-

Class B units (20,644,047 units issued and outstanding as of March 31, 2020 and 25,557,606 units issued and outstanding as of December 31, 2019)

1,032

1,277

1,169

1,190

1,370

972

647

-

-

-

-

-

-

Total unitholders' equity

368,296

283,827

343,138

338,287

301,950

300,794

247,441

-

-

262,065

-

-

-

Noncontrolling interest

162,679

281,157

310,744

365,011

440,652

291,932

209,450

-

-

-

-

-

-

Total equity

530,975

564,985

653,883

703,298

742,602

592,726

456,892

198,879

203,848

262,065

265,893

270,288

273,657

Total liabilities, mezzanine equity and unitholders' equity

680,255

748,594

828,745

868,725

906,158

753,285

683,893

249,318

237,201

295,291

290,406

289,918

279,419