XML 53 R33.htm IDEA: XBRL DOCUMENT v3.25.4

UNITHOLDERS' EQUITY AND PARTNERSHIP DISTRIBUTIONS (Tables)

12 Months Ended

Dec. 31, 2025

Common units

Schedule of distributions approved by the Board of Directors

​

​	​	​	​	​	​	​	​	​	​
​	​	Amount per		​	Date	​	Unitholder	​	Payment
​	​	Common Unit		​	Declared	​	Record Date	​	Date
Q1 2025	​	$	0.47	​	May 8, 2025	​	May 20, 2025	​	May 28, 2025
Q2 2025	​	$	0.38	​	August 7, 2025	​	August 18, 2025	​	August 25, 2025
Q3 2025	​	$	0.35	​	November 6, 2025	​	November 17, 2025	​	November 24, 2025
Q4 2025	​	$	0.37	​	February 26, 2026	​	March 18, 2026	​	March 25, 2026
​	​	​	​	​	​	​	​	​	​
Q1 2024	​	$	0.49	​	May 2, 2024	​	May 13, 2024	​	May 20, 2024
Q2 2024	​	$	0.42	​	August 1, 2024	​	August 12, 2024	​	August 19, 2024
Q3 2024	​	$	0.41	​	November 7, 2024	​	November 18, 2024	​	November 25, 2024
Q4 2024	​	$	0.40	​	February 27, 2025	​	March 18, 2025	​	March 25, 2025
​	​	​	​	​	​	​	​	​	​
Q1 2023	​	$	0.35	​	May 3, 2023	​	May 15, 2023	​	May 22, 2023
Q2 2023	​	$	0.39	​	August 2, 2023	​	August 14, 2023	​	August 21, 2023
Q3 2023	​	$	0.51	​	November 2, 2023	​	November 13, 2023	​	November 20, 2023
Q4 2023	​	$	0.43	​	February 21, 2024	​	March 13, 2024	​	March 20, 2024

​

Schedule of changes in common unitholder's equity due to changes in ownership interest

​

​	​	​	​	​	​	​	​	​	​
​	​	Year Ended December 31,
​	​	2025		​	2024		​	2023
​	​	(In thousands)
Net income attributable to the Partnership	​	$	86,264	​	$	8,769	​	$	65,152
Changes in ownership of consolidated subsidiaries, net	​	​	(13,924)	​	​	(3,782)	​	​	23,421
Change from net income attributable to the Partnership's unitholders and transfers to non-controlling interest	​	$	72,340	​	$	4,987	​	​	88,573

​

Common Units

Common units

Schedule of changes in Partnership's units

​

​	​	​
​	​	Common Units
Balance at December 31, 2024	​	80,969,651
Units issued for equity offering	​	11,500,000
Common units issued under the A&R LTIP (1)	​	1,213,611
Restricted units repurchased for tax withholding	​	(315,276)
Conversion of Class B units to common units	​	32,580
Forfeiture of restricted units	​	(4,078)
Balance at December 31, 2025	​	93,396,488

(1) Includes restricted units granted to certain employees, directors and consultants under the Kimbell Royalty GP, LLC 2017 Long-Term Incentive Plan on February 25, 2025.

Class B

Common units

Schedule of changes in Partnership's units

​

​	​	​
​	​	Class B Units
Balance at December 31, 2024	​	14,524,120
Conversion of Class B units to common units	​	(32,580)
Balance at December 31, 2025	​	14,491,540

X

- Definition

The tabular disclosure of the changes in common unitholder's equity due to changes in ownership interest.

+ References

No definition available.

+ Details

Name:	krp_ScheduleOfChangesInCommonUnitholderSEquityDueToChangesInOwnershipInterestTableTextBlock
Namespace Prefix:	krp_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_DistributionMadeToLimitedPartnerLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information related to dividends declared, including paid and unpaid dividends.

+ References

No definition available.

+ Details

Name:	us-gaap_DividendsDeclaredTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in common stock outstanding.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfCommonStockOutstandingRollForwardTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_StatementClassOfStockAxis=krp_CommonUnitsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_StatementClassOfStockAxis=us-gaap_CommonClassBMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: