Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 9,663	$ 3,602
Royalty income receivable (net of allowance for credit losses)	32,118	58,089
Royalty income receivable—related party	917	10,576
Other current assets	482	397
Total current assets	43,180	72,664
Property:
Oil and natural gas interests, full cost method of accounting ($1,480,346 and $1,551,767 excluded from depletion at June 30, 2020 and December 31, 2019, respectively)	2,933,731	2,868,459
Land	5,688	5,688
Accumulated depletion and impairment	(373,898)	(326,474)
Property, net	2,565,521	2,547,673
Deferred tax asset (net of allowance)	0	142,466
Other assets	15,572	22,823
Total assets	2,624,273	2,785,626
Current liabilities:
Accounts payable	11	0
Accounts payable—related party	0	150
Accrued liabilities	12,439	13,282
Derivative instruments	33,956	0
Total current liabilities	46,406	13,432
Long-term debt, net	630,507	586,774
Derivative instruments	5,875	0
Total liabilities	682,788	600,206
Commitments and contingencies (Note 12)
Unitholders’ equity:
General partner	849	889
Common units (67,831,342 units issued and outstanding as of June 30, 2020 and 67,805,707 units issued and outstanding as of December 31, 2019)	728,149	929,116
Class B units (90,709,946 units issued and outstanding as of June 30, 2020 and December 31, 2019)	1,080	1,130
Total Viper Energy Partners LP unitholders’ equity	730,078	931,135
Non-controlling interest	1,211,407	1,254,285
Total equity	1,941,485	2,185,420
Total liabilities and unitholders’ equity	$ 2,624,273	$ 2,785,626