XML 52 R52.htm IDEA: XBRL DOCUMENT v3.19.3
CORRECTION OF IMMATERIAL ERRORS (Details) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Dec. 31, 2017
CONDENSED CONSOLIDATED BALANCE SHEETS                    
Common units $ 341,969,430 $ 358,942,355 $ 313,614,300       $ 341,969,430   $ 299,821,901  
Noncontrolling interest 310,744,268 343,165,767 427,617,585       $ 310,744,268   291,932,233  
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN UNITHOLDERS' EQUITY                    
Distributions to unitholders $ (18,796,590) (17,356,606) (15,003,898) $ (11,540,969) $ (7,070,693) $ (6,061,123)     $ (38,303,043)  
Units outstanding (in units) 23,520,219           23,520,219   18,056,487  
Unitholders' capital $ 653,883,111 703,298,839 742,602,602 456,892,348   203,848,774 $ 653,883,111 $ 456,892,348 $ 592,726,797 $ 262,065,434
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS                    
Net loss (28,914,588) (20,365,487) (5,345,363) (999,392) 1,378,295 (52,824,471) (54,625,438) (52,445,568) (52,282,223)  
Distribution and accretion on Series A preferred units (3,469,584)     (2,840,456)     (10,408,752) (2,840,456) (6,310,040)  
Net loss and distributions and accretion on Series A preferred units attributable to noncontrolling interests 16,146,535     141,003     33,398,555 141,003 1,855,681  
Distribution on Class B units (23,414)     (12,953)     (71,042) (12,953) (30,967)  
Net loss attributable to common units (16,261,051)     (3,711,798)     (31,706,677) (55,157,974) (56,767,549)  
Non Controlling Interest                    
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN UNITHOLDERS' EQUITY                    
Distributions to unitholders (9,633,877) (8,811,307) (7,205,737)           (5,828,966)  
Unitholders' capital 310,744,268 343,165,767 427,617,585 209,450,877     $ 310,744,268 $ 209,450,877 291,932,233  
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS                    
Net loss (14,416,623) (10,339,084) (3,123,863) (141,003)            
Limited Partners | Common Units                    
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN UNITHOLDERS' EQUITY                    
Distributions to unitholders $ (9,162,713) $ (8,545,299) $ (7,798,161) $ (11,540,969) $ (7,070,693) $ (6,061,123)     $ (32,474,077)  
Units outstanding (in units) 23,520,219 23,094,135 19,495,403 13,886,204 16,839,462 16,834,984 23,520,219 13,886,204 18,056,487 16,509,799
Unitholders' capital $ 341,969,430 $ 358,942,355 $ 313,614,300 $ 246,793,808 $ 198,879,415 $ 203,848,774 $ 341,969,430 $ 246,793,808 $ 299,821,901 $ 262,065,434
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS                    
Net loss $ (14,497,965) $ (10,026,403) $ (2,221,500) $ (858,389) $ 1,378,295 $ (52,824,471)        
Limited Partners | Class B Common Units                    
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN UNITHOLDERS' EQUITY                    
Units outstanding (in units) 23,388,258 23,814,342 27,414,342 12,953,258     23,388,258 12,953,258 19,453,258  
Unitholders' capital $ 1,169,413 $ 1,190,717 $ 1,370,717 $ 647,663     $ 1,169,413 $ 647,663 $ 972,663  
Classification of distributions made to holders of OpCo Common Units | As Reported                    
CONDENSED CONSOLIDATED BALANCE SHEETS                    
Common units   337,096,345 300,579,597           293,992,935  
Noncontrolling interest   365,011,777 440,652,288           297,761,199  
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN UNITHOLDERS' EQUITY                    
Distributions to unitholders   (17,356,606) (15,003,898)           (38,303,043)  
Unitholders' capital   703,298,839 742,602,602           592,726,797  
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS                    
Net loss       (999,392)       (52,445,568) (52,282,223)  
Distribution and accretion on Series A preferred units       (2,840,456)       (2,840,456) (6,310,040)  
Net loss       (3,839,848)       (55,286,024) (58,592,263)  
Net loss and distributions and accretion on Series A preferred units attributable to noncontrolling interests       (141,003)       (141,003) (1,855,681)  
Net (loss) income attributable to Kimbell Royalty Partners LP       (3,698,845)       (55,145,021) (56,736,582)  
Distribution on Class B units       (12,953)       (12,953) (30,967)  
Net loss attributable to common units       $ (3,711,798)       $ (55,157,974) (56,767,549)  
Classification of distributions made to holders of OpCo Common Units | As Reported | Non Controlling Interest                    
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN UNITHOLDERS' EQUITY                    
Unitholders' capital   365,011,777 440,652,288           297,761,199  
Classification of distributions made to holders of OpCo Common Units | As Reported | Limited Partners | Common Units                    
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN UNITHOLDERS' EQUITY                    
Distributions to unitholders   $ (17,356,606) $ (15,003,898)           $ (38,303,043)  
Units outstanding (in units)   23,094,135 19,495,403           18,056,487  
Unitholders' capital   $ 337,096,345 $ 300,579,597           $ 293,992,935  
Classification of distributions made to holders of OpCo Common Units | As Reported | Limited Partners | Class B Common Units                    
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN UNITHOLDERS' EQUITY                    
Units outstanding (in units)   23,814,342 27,414,342           19,453,258  
Unitholders' capital   $ 1,190,717 $ 1,370,717           $ 972,663  
Classification of distributions made to holders of OpCo Common Units | Adjustments                    
CONDENSED CONSOLIDATED BALANCE SHEETS                    
Common units   21,846,010 13,034,703           5,828,966  
Noncontrolling interest   (21,846,010) (13,034,703)           (5,828,966)  
Classification of distributions made to holders of OpCo Common Units | Adjustments | Non Controlling Interest                    
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN UNITHOLDERS' EQUITY                    
Distributions to unitholders   (8,811,307) (7,205,737)           (5,828,966)  
Classification of distributions made to holders of OpCo Common Units | Adjustments | Limited Partners | Common Units                    
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN UNITHOLDERS' EQUITY                    
Distributions to unitholders   $ 8,811,307 $ 7,205,737           $ 5,828,966