XML 26 R15.htm IDEA: XBRL DOCUMENT
v3.21.2

Transactions with Related Parties | 9 Months Ended
--- | ---
Jun. 30, 2021
Related Party Transactions [Abstract] |
Transactions with Related Parties | Transactions with Related Parties Contract Services RPOC provides certain administrative services to Combo Resources, LLC ("Combo") and is also the contract operator on behalf of Combo in exchange for payment of a fee equal to $100 thousand per month and reimbursement of all third party expenses pursuant to a contract services agreement. This fee was $250 thousand per month as of June 30, 2020, which was subsequently decreased to $150 thousand per month effective July 1, 2020 and further decreased to $100 thousand per month effective August 1, 2020. Combo was previously owned by Oakspring Energy Holdings, LLC ("Oakspring") and by a wholly-owned subsidiary of Riley Exploration Group, Inc. ("REG"). On December 31, 2020, Oakspring contributed its interest in Combo to certain investment funds of Yorktown Partners, LLC, and the wholly-owned subsidiary of REG contributed its' interest in Combo to Riley Exploration Group, LLC. Additionally, RPOC provides certain administrative and operational services to REG in exchange for payment of a fee equal to $100 thousand per month pursuant to a contract services agreement. The following table presents revenues from contract services for related parties:
|  | Three Months Ended June 30, |  | Nine Months Ended June 30,
|  | 2021 |  | 2020 |  | 2021 |  | 2020
|  | (In thousands)
Combo |  | $ | 300 |  |  | $ | 750 |  |  | $ | 900 |  |  | $ | 2,250 |
REG |  | 300 |  |  | 300 |  |  | 900 |  |  | 900 |
Contract services - related parties |  | $ | 600 |  |  | $ | 1,050 |  |  | $ | 1,800 |  |  | $ | 3,150 |
Cost of contract services |  | $ | 91 |  |  | $ | 97 |  |  | $ | 330 |  |  | $ | 403 |
The company recognized $0.4 million and $0.1 million accounts receivable from Combo as of June 30, 2021 and September 30, 2020, under the contract services agreement. The Company did not recognize an accounts receivable under the contract services agreement for REG as of June 30, 2021 and September 30, 2020. Income Tax Withholding on Employee Awards At June 30, 2021, the Company recorded a receivable of $1.6 million and an associated liability for outstanding tax withholding payments that was payable by the Company for equity awards that vested in the second and third fiscal quarters. The receivable is included within accounts receivable - related parties, in the Company's condensed consolidated balance sheet. See further discussion over the Company's awards in Note 10 – Members'/Shareholders' Equity.

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

X
- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864 + Details
Name: | us-gaap_RelatedPartyTransactionsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration