The effects of the adjustment on the individual line items within the Partnership’s consolidated balance sheet at December 31, 2018 and its condensed consolidated balance sheets at March 31, 2019 and June 30, 2019 are as follows:


	December 31, 2018
	As Reported		Adjustments		As Adjusted
Common units	$	293,992,935	$	5,828,966	$	299,821,901
Noncontrolling interest	$	297,761,199	$	(5,828,966)	$	291,932,233

	March 31, 2019
	As Reported		Adjustments		As Adjusted
Common units	$	300,579,597	$	13,034,703	$	313,614,300
Noncontrolling interest	$	440,652,288	$	(13,034,703)	$	427,617,585

	June 30, 2019
	As Reported		Adjustments		As Adjusted
Common units	$	337,096,345	$	21,846,010	$	358,942,355
Noncontrolling interest	$	365,011,777	$	(21,846,010)	$	343,165,767

The effects of the adjustment on the individual line items within the Partnership’s consolidated statement of changes in unitholders’ equity for the year ended December 31, 2018 are as follows:


	As Reported
									Noncontrolling
	Common Units		Amount		Class B Units		Amount		Interest		Total
Distributions to unitholders		—	$	(38,303,043)		—	$	—	$	—	$	(38,303,043)
Balance at December 31, 2018		18,056,487	$	293,992,935		19,453,258	$	972,663	$	297,761,199	$	592,726,797

	Adjustments
									Noncontrolling
	Common Units		Amount		Class B Units		Amount		Interest		Total
Distributions to unitholders		—	$	5,828,966		—	$	—	$	(5,828,966)	$	—

	As Adjusted
									Noncontrolling
	Common Units		Amount		Class B Units		Amount		Interest		Total
Distributions to unitholders		—	$	(32,474,077)		—	$	—	$	(5,828,966)	$	(38,303,043)
Balance at December 31, 2018		18,056,487	$	299,821,901		19,453,258	$	972,663	$	291,932,233	$	592,726,797

The effects of the adjustment on the individual line items within the Partnership’s condensed consolidated statement of changes in unitholders’ equity for the three months ended March 31, 2019 are as follows:


	As Reported
									Noncontrolling
	Common Units		Amount		Class B Units		Amount		Interest		Total
Distributions to unitholders		—	$	(15,003,898)		—	$	—	$	—	$	(15,003,898)
Balance at March 31, 2019		19,495,403	$	300,579,597		27,414,342	$	1,370,717	$	440,652,288	$	742,602,602

	Adjustments
									Noncontrolling
	Common Units		Amount		Class B Units		Amount		Interest		Total
Distributions to unitholders		—	$	7,205,737		—	$	—	$	(7,205,737)	$	—

	As Adjusted
									Noncontrolling
	Common Units		Amount		Class B Units		Amount		Interest		Total
Distributions to unitholders		—	$	(7,798,161)		—	$	—	$	(7,205,737)	$	(15,003,898)
Balance at March 31, 2019		19,495,403	$	313,614,300		27,414,342	$	1,370,717	$	427,617,585	$	742,602,602

The effects of the adjustment on the individual line items within the Partnership’s condensed consolidated statement of changes in unitholders’ equity for the six months ended June 30, 2019 are as follows:


	As Reported
									Noncontrolling
	Common Units		Amount		Class B Units		Amount		Interest		Total
Distributions to unitholders		—	$	(17,356,606)		—	$	—	$	—	$	(17,356,606)
Balance at June 30, 2019		23,094,135	$	337,096,345		23,814,342	$	1,190,717	$	365,011,777	$	703,298,839

	Adjustments
									Noncontrolling
	Common Units		Amount		Class B Units		Amount		Interest		Total
Distributions to unitholders		—	$	8,811,307		—	$	—	$	(8,811,307)	$	—

	As Adjusted
									Noncontrolling
	Common Units		Amount		Class B Units		Amount		Interest		Total
Distributions to unitholders		—	$	(8,545,299)		—	$	—	$	(8,811,307)	$	(17,356,606)
Balance at June 30, 2019		23,094,135	$	358,942,355		23,814,342	$	1,190,717	$	343,165,767	$	703,298,839

Also in connection with the preparation of the Partnership’s condensed consolidated financial statements for the three and nine months ended September 30, 2019, the Partnership identified immaterial errors related to the captions on its condensed consolidated statements of operations for the three and nine months ended September 30, 2018 and consolidated statement of operations for the year ended December 31, 2018. In accordance with SAB No. 99, “Materiality,” and SAB No. 108, “Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements,” the Partnership evaluated the errors and determined that the related impact was not material to its financial statements for any prior annual or interim period. The Partnership has adjusted the captions on its condensed consolidated statements of operations for the three and nine months ended September 30, 2018 and consolidated statement of operations for the year ended December 31, 2018. The Partnership will also correct previously reported financial information for such immaterial errors in its future filings, as applicable.

The effects of the reclassification on the individual line items within the Partnership’s condensed consolidated statements of operations for the three and nine months ended September 30, 2018 are as follows:


	As Reported
	Three Months Ended September 30,		Nine Months Ended September 30,
	2018		2018
Net loss before Series A preferred unit distribution and accretion	$	(999,392)	$	(52,445,568)
Distribution and accretion on Series A preferred units		(2,840,456)		(2,840,456)
Net loss		(3,839,848)		(55,286,024)
Net loss attributable to noncontrolling interests		(141,003)		(141,003)
Net loss attributable to Kimbell Royalty Partners LP		(3,698,845)		(55,145,021)
Distribution on Class B units		(12,953)		(12,953)
Net loss attributable to common units	$	(3,711,798)	$	(55,157,974)

	As Corrected
	Three Months Ended September 30,		Nine Months Ended September 30,
	2018		2018
Net loss	$	(999,392)	$	(52,445,568)
Distribution and accretion on Series A preferred units		(2,840,456)		(2,840,456)
Net loss and distributions and accretion on Series A preferred units attributable to noncontrolling interests		141,003		141,003
Distribution on Class B units		(12,953)		(12,953)
Net loss attributable to common units	$	(3,711,798)	$	(55,157,974)

The effects of the reclassification on the individual line items within the Partnership’s consolidated statement of operations for the year ended December 31, 2018 are as follows:


	As Reported
	Year Ended December 31,
	2018
Net loss before Series A preferred unit distribution and accretion	$	(52,282,223)
Distribution and accretion on Series A preferred units		(6,310,040)
Net loss		(58,592,263)
Net loss attributable to noncontrolling interests		(1,855,681)
Net loss attributable to Kimbell Royalty Partners LP		(56,736,582)
Distribution on Class B units		(30,967)
Net loss attributable to common units	$	(56,767,549)

	As Corrected
	Year Ended December 31,
	2018
Net loss	$	(52,282,223)
Distribution and accretion on Series A preferred units		(6,310,040)
Net loss and distributions and accretion on Series A preferred units attributable to noncontrolling interests		1,855,681
Distribution on Class B units		(30,967)
Net loss attributable to common units	$	(56,767,549)