Natural resource partners lp (NRP)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

18,779

-118,698

39,170

19,351

35,719

49,058

28,541

38,110

24,338

30,707

26,066

25,990

5,904

3,488

23,531

46,446

23,427

-21,786

-600,001

32,578

17,489

8,645

36,173

31,407

32,605

46,981

36,126

41,065

47,906

60,107

52,001

49,938

51,309

-16,903

-30,559

56,206

45,282

42,506

40,154

41,610

30,191

Adjustments to reconcile net income to net cash provided by operating activities of continuing operations:
Depreciation, depletion and amortization

2,012

3,186

3,384

3,970

4,392

6,325

4,888

5,376

5,100

-2,781

8,306

8,165

9,724

-3,600

11,929

10,472

9,780

12,783

15,666

4,292

24,554

8,968

18,621

16,350

14,647

14,352

17,852

17,411

14,762

16,155

14,485

15,172

12,409

13,542

19,819

17,435

14,322

12,930

16,195

16,485

11,368

Amortization expense—affiliate

-

-

-

-

-

-

-

-

-

-

0

240

768

857

902

704

722

1,105

771

907

838

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions from unconsolidated investment

7,105

6,370

6,370

9,310

9,800

9,800

12,250

12,250

10,153

12,250

8,992

9,862

12,250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity Method Investment, Summarized Financial Information, Revenue

6,272

10,256

13,818

11,333

11,682

13,320

8,836

16,529

9,621

12,781

8,993

8,389

10,294

9,319

10,753

10,188

9,801

13,179

12,617

11,599

12,523

12,551

9,685

9,401

9,779

12,018

7,238

7,882

7,048

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Assets

0

-111

6,109

244

256

1,622

0

168

651

-76

171

3,361

44

1,788

6,426

-1,071

21,925

-3

1,833

3,004

2,066

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value adjustments for Warrant liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt modification expense

-

-

-

-

-

-

-

-

-

0

0

-132

-7,807

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant issuance expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax

0

750

7

245

-46

13,966

2,688

2,981

-1,948

6,689

-433

133

-207

4,265

7,112

-2,187

-2,924

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

401

0

150

-

-

-

-

-

-

-

-

-

-

-

-

Asset Impairment Charges

-

-

-

-

-

18,038

0

0

242

1,189

0

0

1,778

8,180

5,697

91

1,893

19,039

361,703

3,803

0

-

-

-

-

0

0

443

291

-

-

-

-

-

-

-

-

-

-

-

-

Bad debt expense

-190

-

-

-

10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unit-based compensation expense

729

519

466

475

901

290

154

303

687

41

-26

-254

257

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash interest charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

899

279

276

152

153

151

149

132

225

118

150

125

124

141

150

Gain on reserve swap

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

8,149

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt issuance costs and other

448

464

1,072

355

1,796

3,112

1,206

1,661

1,154

3,737

3,203

2,371

973

1,944

2,600

1,828

2,266

665

2,275

-11,105

1,056

-7,421

674

721

747

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other—affiliates

-

-

-

-

-

-

-

-

-

-

-199

1,038

135

-1,841

636

-1,571

1,783

1,227

-1,787

-359

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in operating assets and liabilities:
Accounts receivable

5,073

10,766

-1,147

-8,521

4,937

-221

-760

-2,984

10,027

-3,411

-5,038

3,263

1,267

-1,886

4,263

33

-3,955

-4,202

3,117

8,490

-15,110

-9,555

2,394

-1,584

4,262

6,884

-5,227

-4,781

531

1,468

5,185

-7,088

1,237

-19,721

8,985

-745

4,530

-2,714

256

2,966

2,119

Accounts receivable—affiliates

-

-

-

-

-

-

-

-

-

-

-49

-432

196

-399

-1,559

1,201

1,070

-1,105

-742

2,341

-3,643

-1,053

1,529

-1,746

3,098

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

93

-412

355

-561

-616

1,048

-773

-6

869

-914

684

-940

986

-118

485

-130

280

-1,462

-2,849

3,328

-2,642

-10,590

2,782

448

-1,568

841

571

1,094

-873

854

493

-521

1,083

641

698

662

-1,147

165

205

331

-233

Accounts payable—affiliates

-

-

-

-

-

-

-

-

-

-

-272

-254

256

-29

54

-250

225

-1,595

1,604

-27

-14

363

40

-424

478

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities

-2,861

1,427

439

642

-6,164

3,212

94

1,755

-5,042

-867

206

646

-7,948

-3,659

10,418

-4,405

1,274

-5,829

8,422

5,417

-5,354

5,009

2,961

-3,224

1,256

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities—affiliates

-

-

-

-

-

-

-

-

-

-

0

0

0

456

0

-913

457

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest

7,060

-12,048

7,163

2,889

-10,033

8,806

-9,069

8,902

-9,777

5,217

-8,727

3,676

-271

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,022

1,349

-1,925

2,275

-2,613

2,737

-2,895

2,660

-3,578

8,902

-7,034

6,969

-7,136

6,814

-7,136

Deferred revenue

8,265

3,188

-1,236

-7,218

4,534

10,265

194

3,645

5,361

-15,952

-4,494

3,412

1,077

4,881

-2,558

-34,141

-4,063

1,570

-1,464

1,654

5,845

2,137

1,084

-1,495

330

-9,167

3,380

5,445

4,506

-183

5,316

9,000

-2,449

6,736

12,022

7,085

5,434

13,237

8,613

7,628

13,013

Deferred revenue—affiliates

-

-

-

-

-

-

-

-

-

-

0

-7,269

-2,897

-3,873

-4,130

-3,075

-985

-801

-3,462

801

-738

4,192

3,162

4,852

3,412

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued incentive plan expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

471

2,149

-8,065

2,364

1,139

2,036

-3,255

83

1,717

1,331

-6,592

1,923

1,116

1,697

-2,827

3,712

3,765

1,181

-2,521

Other items, net

-60

-1,867

-2,852

1,823

678

716

235

1,409

-2,680

-1,688

4,693

-1,243

-1,284

2,121

-1,689

1,341

704

2,866

-659

-638

-103

772

-432

-336

18

1,380

-3,849

3,251

-266

605

-345

176

-200

646

-24

-310

-222

647

-501

101

-220

Other items, netaffiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-739

739

411

-66

-45

-300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, franchise and other taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,467

1,041

-2,400

2,350

-132

1,910

-2,492

1,817

-1,014

1,425

-2,838

1,323

-58

549

-1,052

Net cash provided by operating activities of continuing operations

30,155

19,394

41,734

53,359

22,832

80,489

26,486

53,893

17,414

30,757

25,800

35,105

20,489

5,696

35,901

15,958

22,688

36,321

47,174

29,545

55,472

35,068

57,458

61,008

38,630

57,559

65,866

79,736

43,913

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities of discontinued operations

1,706

-4

-359

234

121

886

6,919

451

2,385

15,595

-76

-247

-284

19,545

2,358

1,843

3,972

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

31,861

19,390

41,375

53,593

22,953

81,375

33,405

54,344

19,799

46,352

25,724

34,858

20,205

25,241

38,259

17,801

26,660

-

-

-

-

-

-

-

-

-

-

-

-

-

61,865

82,522

49,485

87,252

79,642

91,646

47,034

83,034

62,107

71,672

41,881

Cash flows from investing activities
Distributions from unconsolidated investment in excess of cumulative earnings

-

-

-

-

-

0

0

0

2,097

0

3,258

2,388

0

0

0

-12,250

12,250

-34,545

12,740

10,902

10,903

10,780

10,290

10,290

11,645

0

7,951

15,925

237

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from asset sales and disposals

0

111

-6,108

-247

-256

-1,623

0

-170

-656

268

-151

-1,655

387

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Return of long-term contract receivable—affiliate

-

-

-

-

-

-

-

-

-

-

0

390

414

391

397

1,871

309

342

984

0

1,137

994

310

303

297

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of plant and equipment and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

840

3

-

6,229

4,350

905

-

-

-

-

-559

405

0

154

-

-

-

-

100

4,400

1,000

100

-

-

-

-

Acquisition of plant and equipment and other

-

-

-

-

-

-

-

-

-

-

1,238

2,903

2,095

-4,403

512

2,498

1,421

1,026

3,508

3,708

1,365

-

-

-

-

-

-

-

-

0

189

-9,636

10,128

79

0

163

162

-

-

-

-

Proceeds from sale of coal and aggregates royalty properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

9,802

-

1,660

979

866

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments to Acquire Mineral Rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-16,388

16,788

-9,000

5,144

7,087

1,804

-

-

-

-

46,071

40,010

26,727

67,726

12,775

8,141

14,546

84,822

55,206

765

64,261

46,150

Proceeds from sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,017

1,499

32,848

14,529

0

-3,395

3,395

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of equity interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

98

40

292,939

-

-

-

-

-

-

-

-

-

-

-

-

Return of long-term contract receivable

272

392

459

451

441

455

1,590

529

487

1,203

600

1,207

0

-

-

-

-

-

-

-

-

-

-

-

-

-

286

137

418

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48,881

-

-

-

-

-

-

-

-

Net cash provided by investing activities of continuing operations

272

259

6,567

698

697

2,078

1,590

699

3,240

6,367

2,771

2,737

-2,068

11,547

10,257

1,712

41,541

-1,144

5,365

14,614

-11,850

-159,818

-4,901

-3,286

-1,507

-21,618

346

10,874

-292,367

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities of discontinued operations

-66

-73

-122

-44

-390

192,364

-3,571

-2,359

-3,413

-6,470

4

173

29

-5,063

110,635

-1,089

-2,725

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

206

186

6,445

654

307

194,442

-1,981

-1,660

-173

-103

2,775

2,910

-2,039

6,484

120,892

623

38,816

-

-

-

-

-

-

-

-

-

-

-

-

-

-23,942

-26,030

-126,735

-12,754

-3,741

-13,709

-84,884

-56,108

-2,175

-66,363

-46,150

Cash flows from financing activities
Proceeds from issuance of preferred units and warrants, net

-

-

-

-

-

-

-

-

-

0

0

0

242,100

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of 2022 Senior Notes, net

-

-

-

-

-

-

-

-

-

-

0

0

103,688

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt borrowings

-

-

-

-

-

0

0

0

35,000

111,688

69,000

0

0

-

-

-

-

0

75,000

0

25,000

496,471

0

0

2,000

20,000

304,020

43,000

200,000

45,000

30,000

26,000

47,000

50,000

0

250,000

85,000

55,000

4,000

35,000

46,000

Proceeds from issuance of common units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

102,376

10,984

9,329

4,513

0

0

0

75,000

-

-

-

-

-

-

-

-

-

-

-

-

Capital contribution by general partner

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,733

160

255

92

0

0

0

1,531

-

-

-

-

-

-

-

-

-

-

-

-

Debt repayments

16,696

20,335

8,277

348,002

86,468

119,986

7,648

7,272

40,800

136,027

8,000

97,282

251,010

76,967

7,692

57,316

41,166

24,808

82,692

17,317

41,166

249,808

15,692

12,317

41,166

0

306,692

42,916

36,622

0

7,692

7,917

15,191

0

7,693

187,633

15,193

0

7,692

83,350

15,192

Payment of obligation related to acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

6,200

0

2,969

Costs associated with equity transactions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

13

47

-

-

-

-

0

1

108

32

-

-

-

-

Distributions to common unitholders and general partner

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,616

-

11,232

11,232

43,678

43,670

39,733

39,421

39,218

60,201

61,629

61,630

63,058

-

-

-

-

-

-

-

-

-

-

-

-

Contributions from (to) discontinued operations

-1,640

-77

-481

-348

269

197,965

-25

-3,658

1,408

6,185

-72

-74

-255

12,416

40,226

0

0

-13,000

-55,450

31,063

662

-226,974

0

0

974

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs and other

0

-52,863

52,829

-26,412

10

-456

454

-452

226

-79,278

-347

5,779

34,755

-663

2,074

3,966

8,032

214

754

5,169

-83

-

-

-

-57

441

7,440

0

1,621

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities of continuing operations

-28,186

-33,551

-21,913

-97,989

-99,852

64,856

-20,798

-24,053

-26,844

-130,188

51,890

-110,004

54,153

-69,504

24,843

-46,898

-54,814

-43,638

-11,678

-67,525

-60,423

95,803

-44,444

-42,535

-74,810

-43,103

-71,741

-61,559

175,183

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities of discontinued operations

-1,640

77

481

-190

269

-198,030

-214

3,192

-1,457

-7,478

72

74

255

-14,241

-114,994

-232

-10,338

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions to partners

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62,077

-

58,478

58,422

58,423

58,422

248,814

-54,039

-43,348

Net cash used in financing activities

-29,826

-33,474

-21,432

-98,179

-99,583

-133,174

-21,012

-20,861

-28,301

-137,666

51,962

-109,930

54,408

-83,745

-90,151

-47,130

-65,152

-

-

-

-

-

-

-

-

-

-

-

-

-

-37,478

-41,922

-30,268

-9,688

-71,494

-1,240

11,352

-3,660

-66,102

10,245

-15,509

Net increase (decrease) in cash and cash equivalents

2,241

-13,898

26,388

-43,932

-76,323

142,643

10,412

31,823

-8,675

-91,417

80,461

-72,162

72,574

-52,020

69,000

-28,706

324

-9,383

33,631

-5,750

-16,801

-28,050

8,113

15,187

-37,687

-7,162

-5,529

29,051

-73,271

27,005

445

14,570

-107,518

64,810

4,407

76,697

-26,498

23,266

-6,170

15,554

-19,778

Supplemental cash flow information:
Cash paid during the period for interest

3,039

22,327

3,225

9,623

23,422

6,838

24,998

7,132

26,023

10,993

26,977

15,029

19,851

29,631

12,078

29,490

13,181

-

-

-

14,344

23,567

13,131

24,432

14,703

9,475

16,631

12,784

16,301

10,729

16,137

10,684

16,292

10,579

16,215

3,400

17,459

3,273

17,222

3,370

17,700

Non-cash investing activities:
Plant, equipment and mineral rights funded with accounts payable or accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,761

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of 2022 Senior Notes in exchange for 2018 Senior Notes

-

-

-

-

-

-

-

-

-

0

0

0

240,638

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash financing activities:
Purchase obligation related to reserve and infrastructure acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,600

0

-1,925

6,025

0

0

1,723

4,477

General Partner
Distributions to common unitholders and general partner

5,630

5,630

5,630

16,265

5,625

5,623

5,623

5,623

5,617

5,617

5,616

5,619

5,615

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class A Convertible Preferred Units
Dividends, Preferred Stock, Paid-in-Kind, Cash Redemption Payment

-

-

-

-

-

0

0

0

8,844

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred Partner
Distributions to common unitholders and general partner

7,500

7,500

7,500

7,500

7,500

7,500

7,500

7,500

7,765

3,825

3,769

1,250

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-