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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating income:        
Royalty income $ 195,614 $ 219,909 $ 514,896 $ 651,828
Other operating income 193 211 774 506
Total operating income 293,240 221,617 622,985 662,842
Costs and expenses:        
Production and ad valorem taxes 12,286 15,638 37,794 45,547
Depletion 36,280 30,460 101,331 89,833
General and administrative expenses 1,880 2,139 6,652 5,972
Total costs and expenses 50,446 48,237 145,777 141,352
Income (loss) from operations 242,794 173,380 477,208 521,490
Other income (expense):        
Interest expense, net (11,203) (10,731) (32,180) (30,158)
Gain (loss) on derivative instruments, net (2,988) 882 (30,685) (19,366)
Other income, net 489 162 802 200
Total other expense, net (13,702) (9,687) (62,063) (49,324)
Income (loss) before income taxes 229,092 163,693 415,145 472,166
Provision for (benefit from) income taxes 21,879 (46,409) 39,735 (37,597)
Net income (loss) 207,213 210,102 375,410 509,763
Net income (loss) attributable to non-controlling interest 128,614 130,762 232,294 379,796
Net income (loss) attributable to Viper Energy Partners LP $ 78,599 $ 79,340 $ 143,116 $ 129,967
Net income (loss) attributable to common limited partner units:        
Basic (dollars per unit) $ 1.11 $ 1.06 $ 1.99 $ 1.70
Diluted (dollars per unit) $ 1.11 $ 1.06 $ 1.99 $ 1.70
Weighted average number of common limited partner units outstanding:        
Basic (in units) 70,925 74,943 71,803 76,215
Diluted (in units) 70,925 74,943 71,803 76,325
Revenue, Product and Service [Extensible Enumeration] Royalty [Member] Royalty [Member] Royalty [Member] Royalty [Member]
Related Party        
Operating income:        
Lease bonus $ 97,237 $ 372 $ 105,585 $ 6,652
Nonrelated Party        
Operating income:        
Lease bonus $ 196 $ 1,125 $ 1,730 $ 3,856