In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
ASSETS | | | | | | | |
Current assets | | | | | | | |
Cash and cash equivalents | 24.6 | 7.1 | 9.8 | 14.2 | 15.8 | 0.5 | |
Oil, natural gas and NGL receivables | 47.0 | 35.1 | 17.6 | 19.2 | 18.8 | 0.5 | |
Derivative assets | | 0.2 | | | | | |
Accounts receivable and other current assets | 3.6 | 3.1 | 1.0 | 0.1 | 0.1 | 0.3 | |
Total current assets | 75.2 | 45.4 | 28.3 | 34.1 | 37.6 | 1.3 | |
Property and equipment, net | 1.0 | 1.9 | 2.0 | 1.3 | 0.4 | 0.3 | |
|
Oil and natural gas properties | | | | | | | |
Oil and natural gas properties, using full cost method of accounting | 1,466.0 | 1,204.4 | 1,149.1 | 1,033.4 | 818.6 | 70.9 | |
Less: accumulated depreciation, depletion and impairment | -712.7 | -663.6 | -628.1 | -328.9 | | | |
Total oil and natural gas properties, net | 753.3 | 540.8 | 521.0 | 704.4 | 710.8 | 18.9 | |
Right-of-use assets, net | 2.5 | 2.8 | 3.1 | 3.4 | | | |
Loan origination costs, net | 3.0 | 4.2 | 5.1 | 2.2 | 3.2 | 0.0 | |
|
Cash | | | | | | | |
Investments held in trust | 240.6 | | | | | | |
|
Prepaid expenses | | | | | | | |
Total assets | 1,076.7 | 601.5 | 564.6 | 748.6 | 753.3 | 20.5 | |
|
LIABILITIES, MEZZANINE EQUITY AND UNITHOLDERS' EQUITY | | | | | | | |
Current liabilities | | | | | | | |
Accounts payable | 1.2 | 0.8 | 0.9 | 1.2 | 1.3 | 1.0 | |
Other current liabilities | 4.9 | 3.3 | 4.8 | 4.2 | 2.5 | 0.1 | |
Derivative liabilities | 12.6 | 24.2 | 3.1 | | | | |
Total current liabilities | 18.8 | 28.3 | 8.8 | 5.4 | 3.8 | 1.2 | |
Operating lease liabilities, excluding current portion | 2.2 | 2.6 | 2.8 | 3.1 | | | |
Derivative liabilities | 0.4 | 4.2 | 3.2 | | | | |
Long-term debt | 233.0 | 217.1 | 171.6 | 100.1 | 87.3 | 10.6 | |
Other liabilities | 0.3 | 0.4 | | | | 0.1 | |
|
Deferred underwriting commissions | | | | | | | |
Total liabilities | 263.3 | 252.6 | 186.3 | 108.7 | 91.1 | 11.9 | |
|
Commitments and contingencies (Note 15) | | | | | | | |
Mezzanine equity: | | | | | | | |
Redeemable non-controlling interest in Kimbell Tiger Acquisition Corporation | | | | | | | |
Kimbell Royalty Partners, LP unitholders' equity: | | | | | | | |
Common units | | | | | | | |
Class B units | | | | | | | |
Total Kimbell Royalty Partners, LP unitholders' equity | 602.6 | 329.6 | 335.6 | 565.0 | 295.0 | | |
Total equity | 576.5 | 348.8 | 335.6 | 565.0 | 592.7 | | |
Total liabilities, mezzanine equity and unitholders' equity | 1,076.7 | 601.5 | 564.6 | 748.6 | 753.3 | 20.5 | |