CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 39,679,620	$ 30,992,670
Oil, natural gas and NGL receivables	54,704,277	59,020,471
Derivative assets	6,073,891	11,427,735
Accounts receivable and other current assets	2,849,066	1,699,536
Total current assets	103,306,854	103,140,412
Property and equipment, net	532,037	589,895
Oil and natural gas properties
Oil and natural gas properties, using full cost method of accounting ($172,373,481 and $222,712,844 excluded from depletion at March 31, 2024 and December 31, 2023, respectively)	2,048,711,692	2,048,690,088
Less: accumulated depreciation, depletion and impairment	(871,067,953)	(827,033,944)
Total oil and natural gas properties, net	1,177,643,739	1,221,656,144
Right-of-use assets, net	2,102,919	2,189,243
Derivative assets	673,728	2,888,051
Loan origination costs, net	6,811,840	7,325,471
Total assets	1,291,071,117	1,337,789,216
Current liabilities
Accounts payable	6,854,075	6,594,736
Other current liabilities	5,325,703	6,173,314
Derivative liabilities		208,710
Total current liabilities	12,179,778	12,976,760
Operating lease liabilities, excluding current portion	1,795,924	1,887,693
Derivative liabilities	1,438,351	60,094
Long-term debt	285,359,776	294,200,000
Other liabilities	166,667	197,917
Total liabilities	300,940,496	309,322,464
Commitments and contingencies (Note 16)
Mezzanine equity:
Series A preferred units (325,000 units issued and outstanding as of March 31, 2024 and December 31, 2023)	314,818,215	314,423,572
Kimbell Royalty Partners, LP unitholders' equity:
Common units (74,646,476 units and 73,851,458 units issued and outstanding as of March 31, 2024 and December 31, 2023, respectively)	640,371,650	670,530,748
Class B units (20,847,295 units issued and outstanding as of March 31, 2024 and December 31, 2023)	1,042,365	1,042,365
Total Kimbell Royalty Partners, LP unitholders' equity	641,414,015	671,573,113
Non-controlling interest in OpCo	33,898,391	42,470,067
Total unitholders' equity	675,312,406	714,043,180
Total liabilities, mezzanine equity and unitholders' equity	$ 1,291,071,117	$ 1,337,789,216