XML 37 R18.htm IDEA: XBRL DOCUMENT v3.2.0.727
Subsequent Events
6 Months Ended
Jun. 30, 2015
Subsequent Events [Abstract]  
Subsequent Events

NOTE 12—SUBSEQUENT EVENTS

On July 15, 2015, the Company closed a transaction to purchase mineral and royalty interests in the Permian Basin for $7.8 million.

On August 12, 2015, the Board approved a prorated distribution for the period May 6, 2015 through June 30, 2015 of $0.1615 per unit for common and subordinated unitholders. Distributions will be payable on August 27, 2015 to unitholders of record at the close of business on August 20, 2015.