Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash	$ 10,633	$ 8,564	[1]
Accounts receivable—related party	50,270	18,274	[1]
Accounts receivable—third party	9,071	1,849	[1]
Sourced water inventory	14,325	9,200	[1]
Other current assets	1,428	4,209	[1]
Total current assets	85,727	42,096	[1]
Property, plant and equipment:
Land	88,509	70,373	[1]
Property, plant and equipment	930,768	415,888	[1]
Accumulated depreciation, amortization and accretion	(61,132)	(28,317)	[1]
Property, plant and equipment, net	958,145	457,944	[1]
Right of use assets	418
Equity method investments	479,558	0	[1]
Real estate assets, net	98,679	93,023	[1]
Intangible lease assets, net	8,070	10,954	[1]
Other assets	5,796	0	[1]
Total assets	1,636,393	604,017	[1]
Current liabilities:
Accounts payable	147	100	[1]
Accrued liabilities	76,625	51,804	[1]
Taxes payable	189	11,514	[1]
Short-term lease liability	418
Total current liabilities	77,379	63,418	[1]
Long-term debt	424,000	0	[1]
Asset retirement obligations	11,347	561	[1]
Deferred income taxes	7,827	12,912	[1]
Total liabilities	520,553	76,891	[1]
Commitments and contingencies (Note 17)
Unitholders' equity:
Limited partners member's equity—Diamondback	0	527,125	[1]
General partner—Diamondback	979	0	[1]
Common units—public (43,700,000 units issued and outstanding as of December 31, 2019)	737,777	0	[1]
Class B units—Diamondback (107,815,152 units issued and outstanding as of December 31, 2019)	979	1	[1]
Accumulated other comprehensive loss	(198)	0	[1]
Total Rattler Midstream LP unitholders’ equity	739,537	527,126	[1]
Non-controlling interest	376,928	0	[1]
Non-controlling interest in accumulated other comprehensive loss	(625)	0	[1]
Total equity	1,115,840	527,126	[1]
Total liabilities and unitholders’ equity	$ 1,636,393	$ 604,017	[1]

[1] See Note 1 for information regarding the basis of financial statement presentation.