v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 29,679 $ 30,741
Prepaid expenses and other current assets 3,357 4,766
Total current assets 59,264 59,815
Non-current assets:    
Property, plant and equipment, net 1,084,586 1,084,450
Intangible assets, net 134,203 136,962
Deferred tax assets 80,387 80,973
Other assets 3,796 3,856
Total non-current assets 1,302,972 1,306,241
Total assets 1,362,236 1,366,056
Current liabilities:    
Taxes payable 1,440 1,200
Accrued liabilities 14,192 7,781
Current portion of long-term debt 433 692
Contract liabilities 1,383 1,263
Other current liabilities 31 7
Total current liabilities 18,820 12,286
Non-current liabilities:    
Long-term debt, net of debt issuance costs 535,106 559,593
Other long-term liabilities 194 192
Total non-current liabilities 535,300 559,785
Total liabilities 554,120 572,071
Commitments and contingencies
Retained earnings 28,584 23,233
Total shareholders' equity attributable to LandBridge Company LLC 344,495 340,302
Noncontrolling interest 463,621 453,683
Total shareholders' equity 808,116 793,985
Total liabilities and equity 1,362,236 1,366,056
Class A Shares    
Non-current liabilities:    
Common Stock Value 315,911 317,069
Class B Shares    
Non-current liabilities:    
Common Stock Value 0 0
Related Party    
Current assets:    
Accounts receivable, net 7,742 4,945
Current liabilities:    
Accounts payable 972 781
Nonrelated Party    
Current assets:    
Accounts receivable, net 18,486 19,363
Current liabilities:    
Accounts payable $ 369 $ 562