Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 7,374	$ 3,602
Royalty income receivable (net of allowance for credit losses)	32,108	58,089
Royalty income receivable—related party	14,911	10,576
Other current assets	371	397
Total current assets	54,764	72,664
Property:
Oil and natural gas interests, full cost method of accounting ($1,452,248 and $1,551,767 excluded from depletion at September 30, 2020 and December 31, 2019, respectively)	2,930,869	2,868,459
Land	5,688	5,688
Accumulated depletion and impairment	(398,678)	(326,474)
Property, net	2,537,879	2,547,673
Deferred tax asset (net of allowance)	0	142,466
Other assets	8,057	22,823
Total assets	2,600,700	2,785,626
Current liabilities:
Accounts payable	95	0
Accounts payable—related party	0	150
Accrued liabilities	20,831	13,282
Derivative instruments	23,263	0
Total current liabilities	44,189	13,432
Long-term debt, net	597,880	586,774
Derivative instruments	5,487	0
Total liabilities	647,556	600,206
Commitments and contingencies (Note 12)
Unitholders’ equity:
General partner	829	889
Common units (67,850,632 units issued and outstanding as of September 30, 2020 and 67,805,707 units issued and outstanding as of December 31, 2019)	725,625	929,116
Class B units (90,709,946 units issued and outstanding as of September 30, 2020 and December 31, 2019)	1,055	1,130
Total Viper Energy Partners LP unitholders’ equity	727,509	931,135
Non-controlling interest	1,225,635	1,254,285
Total equity	1,953,144	2,185,420
Total liabilities and unitholders’ equity	$ 2,600,700	$ 2,785,626