Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | |||||||
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Mar. 31, 2024 |
Mar. 31, 2023 |
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Revenues and other income | ||||||||
Equity in earnings of Sisecam Wyoming | $ 5,450 | $ 19,254 | ||||||
Gain on asset sales and disposals | 165 | 96 | ||||||
Total revenues and other income | 76,414 | 99,219 | ||||||
Operating expenses | ||||||||
Operating and maintenance expenses | 5,733 | 7,163 | ||||||
Depreciation, depletion and amortization | 4,654 | 4,083 | ||||||
General and administrative expenses | 6,327 | 5,845 | ||||||
Total operating expenses | 16,714 | 17,091 | ||||||
Income from operations | 59,700 | 82,128 | ||||||
Interest expense, net | (3,487) | (2,853) | ||||||
Total Other Income Expenses | -3487.0 | 0.0 | -2853.0 | 0.0 | 0 | |||
Net income | 56,213 | [1] | 79,275 | [2] | ||||
Less: income attributable to preferred unitholders | (2,150) | (6,661) | ||||||
Less: redemption of preferred units | 0 | (16,228) | ||||||
Net income attributable to common unitholders and the general partner | 54,063 | 56,386 | ||||||
Net income attributable to common unitholders | 52,982 | 55,258 | ||||||
Net income attributable to the general partner | $ 1,081 | $ 1,128 | ||||||
Net income per common unit (see Note 5) | ||||||||
Basic (in dollars per share) | $ 4.13 | $ 4.4 | ||||||
Diluted (in dollars per share) | $ 3.83 | $ 3.44 | ||||||
Net income | $ 56,213 | [1] | $ 79,275 | [2] | ||||
Comprehensive income (loss) from unconsolidated investment and other | 845 | (19,583) | ||||||
Comprehensive income | 57,058 | 59,692 | ||||||
Royalty and Other Mineral Rights [Member] | Mineral Rights Segment [Member] | ||||||||
Revenues and other income | ||||||||
Revenues | 67,372 | 76,271 | ||||||
Transportation and Processing Services [Member] | Mineral Rights Segment [Member] | ||||||||
Revenues and other income | ||||||||
Revenues | $ 3,427 | $ 3,598 | ||||||
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- Definition Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest, Allocated to Preferred Unit Holders No definition available.
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- Definition Revenue, Net, Including Gain (Loss) on Disposition of Assets No definition available.
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Cost of product sold and service rendered, excluding depreciation, depletion, and amortization. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of gain (loss) on sale or disposal of assets, including but not limited to property plant and equipment, intangible assets and equity in securities of subsidiaries or equity method investee. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest expense classified as operating and nonoperating. Includes, but is not limited to, cost of borrowing accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Aggregate amount of net income allocated to general partners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate amount of net income allocated to limited partners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Per unit of ownership amount after tax of income (loss) available to limited partnership (LP) unit-holder and units that would have been outstanding assuming the issuance of limited partner units for dilutive potential units outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Per unit of ownership amount after tax of income (loss) available to outstanding limited partnership (LP) unit-holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The excess of (1) fair value of the consideration transferred to the holders of the preferred stock over (2) the carrying amount of the preferred stock in the registrant's balance sheet, during the accounting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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