Westmoreland resource partners, lp (WMLP)
Balance Sheet / Quarterly
Dec'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'11Dec'10
Assets
Current assets:
Cash

38,798

25,805

28,233

37,492

36,739

22,348

23,096

20,234

15,094

8,866

5,610

8,659

3,710

-

12,766

1,785

6,004

7,454

3,533

4,636

3,089

2,738

6,043

5,338

3,977

6,251

617

1,513

3,032

658

1,215

889

Trade

-

-

-

-

-

-

-

-

-

-

-

35,056

30,967

-

14,020

23,560

-

25,176

27,704

27,286

25,850

28,489

26,941

29,790

19,792

30,634

32,154

34,750

28,388

33,464

31,157

28,108

Other

-

-

-

-

-

-

-

-

-

-

-

620

1,585

-

0

116

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivables

25,164

21,440

21,020

24,597

27,409

41,294

34,385

30,427

37,587

38,752

34,966

35,676

32,552

-

14,020

23,676

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

12,021

12,831

13,676

13,982

14,927

14,948

17,232

17,480

17,559

18,531

19,299

21,269

23,630

-

14,870

12,696

-

15,596

14,345

15,734

13,840

12,065

11,849

11,465

12,554

12,478

15,100

12,846

12,000

13,588

16,061

12,640

Assets held for sale

-

-

-

-

-

-

507

636

-

1,128

1,373

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advance royalties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,940

2,884

2,696

2,604

4,155

3,453

4,880

4,461

1,934

2,036

1,834

1,412

1,412

880

924

Other current assets

5,983

7,396

7,099

3,785

1,891

3,855

2,631

4,772

6,728

4,413

7,189

8,287

4,650

-

2,264

2,637

-

1,444

1,492

1,678

1,737

1,767

7,015

1,797

2,046

3,078

1,260

1,192

1,226

2,161

906

1,023

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,106

6,665

7,153

10,819

-

-

-

-

Total current assets

81,966

67,472

70,028

79,856

80,966

82,445

77,851

73,549

76,968

71,690

68,437

73,891

64,542

-

43,920

40,794

-

52,610

49,958

52,030

47,120

49,214

55,301

53,270

48,936

61,040

58,320

62,954

46,058

51,283

50,219

43,584

Property, plant and equipment:
Land, mineral rights, property, plant and equipment

206,231

210,627

208,385

358,323

358,375

366,452

364,447

362,325

359,748

364,862

367,841

363,039

363,477

-

210,085

206,942

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less accumulated depreciation, depletion and amortization

93,639

88,850

82,348

173,047

164,711

155,524

145,260

134,483

124,130

120,169

110,902

98,804

85,836

-

19,170

9,801

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net property, plant and equipment

112,592

121,777

126,037

185,276

193,664

210,928

219,187

227,842

235,618

244,693

256,939

264,235

277,641

-

190,915

197,141

-

125,150

128,777

135,107

144,426

150,143

155,628

158,806

158,483

157,233

164,082

173,157

195,607

199,784

201,380

198,694

Advanced coal royalties

4,142

3,586

3,990

10,018

10,143

8,643

8,940

8,979

8,815

7,816

6,257

6,668

10,082

-

10,645

11,498

-

6,971

7,762

8,847

8,800

6,194

6,976

5,372

4,861

6,824

6,802

7,323

7,945

6,139

6,959

7,693

Restricted investments

35,749

-

-

-

37,239

-

-

-

37,741

-

-

-

34,526

-

8,307

9,534

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted investments

-

35,952

35,811

35,696

-

39,208

38,414

38,111

-

37,765

37,506

37,015

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net of accumulated amortization of $7.2 million, impairment of $23.8 million and $6.2 million at December 31, 2018 and 2017, respectively

0

0

0

24,283

24,800

25,317

25,833

26,632

27,148

27,383

27,900

28,417

28,933

-

29,967

30,483

-

1,017

1,074

1,131

1,188

1,251

1,315

1,378

1,442

-

-

-

1,684

-

-

-

Deposits and other assets

848

821

904

1,021

592

807

711

468

617

720

810

1,413

1,554

-

6,195

6,607

-

18,237

20,301

21,332

22,821

24,224

29,060

9,089

7,177

8,136

13,671

13,634

9,971

12,221

9,351

11,100

Total Assets

235,297

229,608

236,770

336,150

347,404

367,348

370,936

375,581

386,907

390,067

397,849

411,639

417,278

-

289,949

296,057

-

203,985

207,872

218,447

224,355

231,026

248,280

227,915

220,899

233,233

242,875

257,068

261,265

269,427

267,909

261,071

Liabilities and Partners' Capital (Deficit)
Current liabilities:
Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,497

22,904

24,668

23,932

24,332

24,891

27,502

26,893

27,133

29,023

29,388

26,940

30,782

36,465

26,074

Current installments of long-term debt

324

327,622

318,950

316,672

314,228

4,220

4,200

4,179

3,819

3,330

3,019

-2,524

2,563

2,524

6

6

2,563

73,527

8,906

9,375

7,901

5,929

11,688

152,467

102,970

114,974

9,856

11,267

11,234

11,237

11,239

7,249

Accounts payable and accrued expenses:
Trade

21,814

17,820

15,326

13,439

15,565

16,178

19,955

14,355

19,397

13,929

19,002

-

23,132

18,454

20,392

19,469

23,132

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

2,924

1,328

2,037

4,582

3,141

1,778

2,172

5,993

3,547

2,301

-

-

0

3,572

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

164

544

780

Production taxes

5,993

17,867

15,535

19,324

16,670

19,370

15,919

18,279

16,319

18,406

15,486

-

16,586

19,196

903

975

16,586

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

320

767

401

1,295

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset retirement obligations

16,246

9,507

11,124

13,047

15,187

10,483

11,570

10,395

10,775

18,238

18,492

17,425

14,075

17,425

11,547

9,855

14,075

7,949

9,086

7,420

5,996

5,937

6,292

5,972

3,869

-

5,468

8,487

4,553

3,937

4,282

6,450

Current portion of reclamation and mine closure costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,075

-

-

-

-

-

-

Accrued taxes other than income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,041

1,198

1,167

1,293

1,175

1,278

1,271

1,213

1,340

1,350

1,531

1,732

1,870

1,791

1,643

Accrued payroll and related expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,279

1,193

3,423

3,389

2,507

1,941

1,657

1,629

2,220

1,465

2,125

2,535

3,557

3,279

2,625

Other current liabilities

0

2,535

2,317

2,261

2,091

2,094

1,980

2,402

3,284

3,208

3,143

-

3,998

2,830

1,382

1,434

2,703

2,989

2,862

2,543

3,457

2,529

1,625

1,910

2,491

2,220

3,864

4,711

3,822

3,337

3,324

2,952

Total current liabilities

47,301

376,679

365,289

369,325

366,882

54,123

55,796

55,603

57,141

59,412

59,142

-

60,354

64,321

34,997

32,140

60,354

110,282

46,149

48,596

45,968

42,409

47,715

190,779

139,065

152,962

51,026

57,509

50,816

54,884

60,924

47,773

Long-term debt, less current installments

0

6,392

7,345

8,459

9,605

318,800

317,202

315,374

313,827

312,586

311,450

300,671

298,814

300,671

175,864

176,354

298,814

75,428

154,710

158,263

155,375

152,491

156,292

2,552

41,557

43,057

146,516

148,021

132,521

123,021

107,520

95,737

Asset retirement obligations, less current portion

23,939

30,845

30,808

31,098

30,609

34,409

36,655

40,506

41,402

39,204

39,913

-

42,559

40,910

21,339

22,714

42,559

-

-

-

-

-

-

-

-

-

16,485

15,720

-

16,094

16,061

6,537

RECLAMATION AND MINE CLOSURE OBLIGATIONS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,792

24,199

23,996

25,658

28,267

28,870

25,484

25,144

16,525

-

-

17,236

-

-

-

Warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

836

1,504

1,952

646

2,978

3,129

5,014

4,599

7,314

7,900

-

-

-

-

-

-

-

-

-

Other liabilities

46

1,498

1,711

1,795

1,942

2,249

2,142

2,551

2,647

2,668

2,584

-

2,397

1,750

1,020

160

1,751

3,737

3,738

3,738

3,753

3,730

3,782

3,793

3,806

1,644

1,468

1,504

1,575

1,748

1,894

2,261

Liabilities subject to compromise

365,377

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

436,663

415,414

405,153

410,677

409,038

409,581

411,795

414,034

415,017

413,870

413,089

-

404,124

408,488

234,724

233,320

404,124

218,217

231,925

239,607

235,353

234,211

246,687

222,608

209,572

214,188

215,495

222,754

202,148

195,747

186,399

152,308

Partners' capital (deficit):
COMMITMENTS AND CONTINGENCIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

0

-

0

0

0

Limited partners' capital

18,197

19,053

20,024

25,289

25,959

27,133

27,322

27,614

28,261

-13,905

-11,642

-

-3,176

-6,659

21,863

29,328

-3,176

-15,358

-25,414

-23,039

-13,460

-5,706

-570

3,434

9,593

17,532

25,962

32,763

57,160

71,206

79,987

105,684

General partner units (35,291 units outstanding as of December 31, 2018 and 2017, respectively)

31,472

31,502

31,529

31,669

31,687

31,718

31,729

31,737

33,281

33,293

33,308

-

33,360

33,338

33,362

33,409

33,360

-2,573

-2,766

-2,709

-2,507

-2,343

-2,231

-2,141

-2,010

-1,847

-1,668

-1,529

-1,032

-763

-580

-63

Accumulated other comprehensive (loss) income

-521

-199

-84

13

80

164

62

-43

-189

-37

-8

-

-270

-298

-

-

-270

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Oxford Resource Partners, LP deficit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-17,931

-28,180

-25,748

-15,967

-

-

-

-

-

-

-

-

-

-

-

Total Oxford Resource Partners, LP (deficit) capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8,049

-2,801

1,293

7,583

15,685

24,294

31,234

56,128

70,443

79,407

105,621

Noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,699

4,127

4,588

4,969

4,864

4,394

4,014

3,744

3,360

3,086

3,080

2,989

3,237

2,103

3,142

Total Westmoreland Resource Partners, LP deficit

-201,366

-185,806

-168,383

-74,527

-61,634

-42,233

-40,859

-38,453

-28,110

-23,803

-15,240

3,151

13,154

3,151

55,225

62,737

13,154

-14,232

-24,053

-21,160

-10,998

-3,185

1,593

5,307

11,327

19,045

27,380

34,314

59,117

73,680

81,510

108,763

Total Westmoreland Resource Partners, LP capital

-201,366

-185,806

-168,383

-74,527

-61,634

-42,233

-40,859

-

-28,110

-

-

3,151

-

3,151

55,225

62,737

13,154

-14,232

-24,053

-21,160

-10,998

-3,185

1,593

5,307

11,327

19,045

27,380

34,314

59,117

73,680

81,510

108,763

Total Liabilities and Partners’ Deficit

235,297

229,608

236,770

336,150

347,404

367,348

370,936

375,581

386,907

390,067

397,849

-

417,278

411,639

289,949

296,057

417,278

203,985

207,872

218,447

224,355

231,026

248,280

227,915

220,899

233,233

242,875

257,068

261,265

269,427

267,909

261,071

Series A Convertible Units [Member]
Limited partners' capital

-173,313

-

-

-

-69,605

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Series B Convertible Units [Member]
Limited partners' capital

-77,201

-

-

-

-49,755

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-