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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating income:    
Royalty income $ 76,829 $ 60,428
Lease bonus income 1,622 1,160
Other operating income 241 2
Total operating income 78,692 61,590
Costs and expenses:    
Production and ad valorem taxes 6,147 3,692
Depletion 24,642 16,199
General and administrative expenses 2,666 1,695
Total costs and expenses 33,455 21,586
Income from operations 45,237 40,004
Other income (expense):    
Interest expense, net (8,963) (4,549)
Loss on derivative instruments, net (7,942) 0
(Loss) gain on revaluation of investment (10,120) 3,592
Other income, net 404 656
Total other expense, net (26,621) (301)
Income before income taxes 18,616 39,703
Provision for (benefit from) income taxes 142,466 (34,608)
Net (loss) income (123,850) 74,311
Net income attributable to non-controlling interest 18,319 40,532
Net (loss) income attributable to Viper Energy Partners LP $ (142,169) $ 33,779
Net (loss) income attributable to common limited partner units:    
Basic (dollars per unit) $ (2.10) $ 0.61
Diluted (dollars per unit) $ (2.10) $ 0.61
Weighted average number of common limited partner units outstanding:    
Basic (in units) 67,822 55,448
Diluted (in units) 67,823 55,475