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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 10,990 $ 11,989
Accounts receivable, net 33,874 41,086
Other current assets, net 3,494 2,218
Total current assets 48,358 55,293
Land 24,008 24,008
Mineral rights, net 390,176 394,483
Intangible assets, net 13,340 13,682
Equity in unconsolidated investment 268,634 276,549
Long-term contract receivable, net 25,632 26,321
Other Assets, Noncurrent 8,034 7,540
Total assets 778,182 797,876
Current liabilities    
Accounts payable 1,514 885
Accrued liabilities 5,064 12,987
Accrued interest 995 584
Current portion of deferred revenue 5,635 4,599
Current portion of long-term debt, net 14,202 30,785
Total current liabilities 27,410 49,840
Deferred revenue 38,348 38,356
Long-term debt, net 174,595 124,273
Other Liabilities, Noncurrent 6,305 7,172
Total liabilities 246,658 219,641
Commitments and contingencies (see Note 13)
Class A Convertible Preferred Units (71,666 issued and outstanding at March 31, 2024 and December 31, 2023 at $1,000 par value per unit; liquidation preference of $1,850 per unit at March 31, 2024 and December 31, 2023) (See Note 3) 47,181 47,181
Partners’ capital    
Common unitholders’ interest (12,960,064 and 12,634,642 units issued and outstanding at March 31, 2024 and December 31, 2023, respectively) 474,095 503,076
General partner’s interest 7,721 8,005
Warrants and Rights Outstanding 4,804 23,095
Accumulated other comprehensive loss (2,277) (3,122)
Total partners’ capital 484,343 531,054
Total liabilities and partners' capital $ 778,182 $ 797,876