XML 40 R30.htm IDEA: XBRL DOCUMENT v3.22.2
EARNINGS (LOSS) PER COMMON UNIT (Tables)
6 Months Ended
Jun. 30, 2022
EARNINGS (LOSS) PER COMMON UNIT  
Schedule of earnings (loss) per unit

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 

​

Six Months Ended June 30, 

​

​

2022

​

2021

​

2022

​

2021

Net income attributable to common units of Kimbell Royalty Partners, LP

​

$

37,861,863

​

$

1,491,328

​

$

45,192,820

​

$

786,953

Accretion of redeemable noncontrolling interest in Kimbell Tiger Acquisition Corporation

​

​

(1,519,432)

​

​

—

​

​

(17,845,231)

​

​

—

Net income attributable to common units of Kimbell Royalty Partners, LP after accretion of redeemable noncontrolling interest in Kimbell Tiger Acquisition Corporation

​

​

36,342,431

​

​

1,491,328

​

​

27,347,589

​

​

786,953

Diluted net income attributable to common units of Kimbell Royalty Partners, LP after accretion of redeemable noncontrolling interest in Kimbell Tiger Acquisition Corporation

​

​

36,342,431

​

​

1,491,328

​

​

27,347,589

​

​

786,953

​

​

​

​

​

​

​

​

​

​

​

​

​

Weighted average number of common units outstanding:

​

​

​

​

​

​

​

​

​

​

​

​

Basic

​

​

55,424,930

​

​

39,312,388

​

​

50,710,073

​

​

38,507,401

Effect of dilutive securities:

​

​

​

​

​

​

​

​

​

​

​

​

Class B units

​

​

8,221,290

​

​

—

​

​

12,787,092

​

​

—

Restricted units

​

​

1,897,449

​

​

1,812,101

​

​

1,826,114

​

​

1,688,652

Diluted

​

​

65,543,669

​

​

41,124,489

​

​

65,323,279

​

​

40,196,053

​

​

​

​

​

​

​

​

​

​

​

​

​

Net income per unit attributable to common units of Kimbell Royalty Partners, LP

​

​

​

​

​

​

​

​

​

​

​

​

Basic

​

$

0.66

​

$

0.04

​

$

0.54

​

$

0.02

Diluted

​

$

0.55

​

$

0.04

​

$

0.42

​

$

0.02