Note 17 - Subsequent Events	9 Months Ended
Sep. 30, 2023
Notes to Financial Statements
Subsequent Events [Text Block]	*17.* Subsequent Events The following represents material events that have occurred subsequent to September 30, 2023 through the time of the Partnership’s filing of its Quarterly Report on Form 10-Q with the SEC: Common Unit and Preferred Unit Distributions In November 2023, the Board of Directors declared a distribution of $0.75 per common unit with respect to the third quarter of 2023. The Board of Directors also declared a $2.15 million cash distribution on NRP's outstanding preferred units with respect to the third quarter of 2023. Warrant Repurchases On October 6, 2023, the Partnership executed a negotiated transaction with holders of the warrants pursuant to which the Partnership repurchased and retired an aggregate of 300,000 warrants with an exercise price of $34.00 for approximately $11.4 million in cash. On October 26, 2023, the Partnership executed another negotiated transaction with holders of the warrants pursuant to which the Partnership repurchased and retired an aggregate of 350,000 warrants with an exercise price of $34.00 for approximately $11.1 million in cash. Following these transactions, 1.54 million warrants with an exercise price of $34.00 remain outstanding. As a result of these repurchases, warrant holders' interest on the Partnership's Statement of Partners' Capital decreased by $9.7 million during the month of October 2023.

Note 17 - Subsequent Events

9 Months Ended

Sep. 30, 2023

17. Subsequent Events

The following represents material events that have occurred subsequent to September 30, 2023 through the time of the Partnership’s filing of its Quarterly Report on Form 10-Q with the SEC:

Common Unit and Preferred Unit Distributions

In November 2023, the Board of Directors declared a distribution of $0.75 per common unit with respect to the third quarter of 2023. The Board of Directors also declared a $2.15 million cash distribution on NRP's outstanding preferred units with respect to the third quarter of 2023.

Warrant Repurchases

On October 6, 2023, the Partnership executed a negotiated transaction with holders of the warrants pursuant to which the Partnership repurchased and retired an aggregate of 300,000 warrants with an exercise price of $34.00 for approximately $11.4 million in cash. On October 26, 2023, the Partnership executed another negotiated transaction with holders of the warrants pursuant to which the Partnership repurchased and retired an aggregate of 350,000 warrants with an exercise price of $34.00 for approximately $11.1 million in cash. Following these transactions, 1.54 million warrants with an exercise price of $34.00 remain outstanding. As a result of these repurchases, warrant holders' interest on the Partnership's Statement of Partners' Capital decreased by $9.7 million during the month of October 2023.