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Condensed Consolidated and Combined Statement of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
REVENUES        
Mineral and royalty revenues $ 24,135 $ 16,460 $ 64,774 $ 42,846
Lease bonus and other revenues 972 2,241 3,127 6,827
Total revenues 25,107 18,701 67,901 49,673
OPERATING EXPENSES        
Gathering, transportation and marketing 1,113 887 3,750 2,894
Severance and ad valorem taxes 1,377 957 4,206 2,599
Depreciation, depletion and amortization 8,434 3,851 20,310 9,609
General and administrative 5,068 1,290 16,779 4,072
Total operating expenses 15,992 6,985 45,045 19,174
Income from operations 9,115 11,716 22,856 30,499
Gain (loss) on derivative instruments, net 91 (280) (521) (1,194)
Interest expense, net (65) (2,902) (5,160) (4,028)
Loss on extinguishment of debt 0 0 (6,933) 0
Gain on sale and distribution of equity securities 0 0 0 823
Other income, net 130 47 165 57
Income before income taxes 9,271 8,581 10,407 26,157
Income tax expense 807 428 1,114 456
NET INCOME 8,464 8,153 9,293 25,701
Less: net income attributable to temporary equity (5,318) 0 (2,377) 0
Net income attributable to Brigham Minerals, Inc. shareholders $ 3,146 $ 891 $ 1,824 $ 891
NET INCOME PER COMMON SHARE        
Basic (in dollars per share) $ 0.14 $ 0.00 $ 0.07 $ 0.00
Diluted (in dollars per share) $ 0.143 $ 0.00 $ 0.073 $ 0.00
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING        
Basic (in shares) 21,838 0 13,299 0
Diluted (in shares) 21,926 0 13,346 0
Predecessor        
OPERATING EXPENSES        
NET INCOME $ 0 $ 7,262 $ 5,092 $ 24,810