XML 54 R34.htm IDEA: XBRL DOCUMENT
v3.25.4

EARNINGS (LOSS) PER COMMON UNIT (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
EARNINGS (LOSS) PER COMMON UNIT |
Schedule of earnings (loss) per common unit | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31,
​ | ​ | 2025 | ​ | 2024 | ​ | 2023
​ | ​ | (In thousands)
Net income (loss) attributable to common units of Kimbell Royalty Partners, LP | ​ | $ | 56,037 | ​ | $ | (8,839) | ​ | $ | 60,142
Net adjustment to accretion of redeemable non-controlling interest in Kimbell Tiger Acquisition Corporation and write-off of deferred underwriting commissions | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,572
Net (loss) income attributable to common units of Kimbell Royalty Partners, LP after accretion of redeemable non-controlling interest in Kimbell Tiger Acquisition Corporation and write-off of deferred underwriting commissions | ​ | ​ | 56,037 | ​ | ​ | (8,839) | ​ | ​ | 61,714
Distribution and accretion on Series A preferred units | ​ | ​ | 34,852 | ​ | ​ | 21,091 | ​ | ​ | 6,310
Net income (loss) attributable to non-controlling interests in OpCo and distribution to Class B unitholders | ​ | ​ | 8,762 | ​ | ​ | (1,182) | ​ | ​ | 16,554
Diluted net income attributable to common units of Kimbell Royalty Partners, LP | ​ | $ | 99,651 | ​ | $ | 11,070 | ​ | $ | 84,578
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average number of common units outstanding: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic | ​ | ​ | 90,803 | ​ | ​ | 76,240 | ​ | ​ | 66,595
Effect of dilutive securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Series A preferred units | ​ | ​ | 14,506 | ​ | ​ | 21,566 | ​ | ​ | 6,500
Class B units | ​ | ​ | 14,495 | ​ | ​ | 17,116 | ​ | ​ | 18,851
Restricted units | ​ | ​ | 1,503 | ​ | ​ | 1,127 | ​ | ​ | 1,112
Diluted | ​ | ​ | 121,307 | ​ | ​ | 116,049 | ​ | ​ | 93,058
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income per unit attributable to common units of Kimbell Royalty Partners, LP | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic | ​ | $ | 0.62 | ​ | $ | (0.12) | ​ | $ | 0.93
Diluted | ​ | $ | 0.62 | ​ | $ | (0.12) | ​ | $ | 0.91

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration