v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 39,797 $ 30,741
Prepaid expenses and other current assets 3,487 4,766
Total current assets 70,780 59,815
Non-current assets:    
Property, plant and equipment, net 1,092,750 1,084,450
Intangible assets, net 131,444 136,962
Deferred tax assets 79,059 80,973
Other assets 3,233 3,856
Total non-current assets 1,306,486 1,306,241
Total assets 1,377,266 1,366,056
Current liabilities:    
Taxes payable 966 1,200
Accrued liabilities 5,946 7,781
Current portion of long-term debt 194 692
Contract liabilities 818 1,263
Other current liabilities 7 7
Total current liabilities 9,735 12,286
Non-current liabilities:    
Long-term debt, net of debt issuance costs 535,529 559,593
Other long-term liabilities 195 192
Total non-current liabilities 535,724 559,785
Total liabilities 545,459 572,071
Commitments and contingencies (Note 11)
Retained earnings 37,459 23,233
Total shareholders' equity attributable to LandBridge Company LLC 355,532 340,302
Noncontrolling interest 476,275 453,683
Total shareholders' equity 831,807 793,985
Total liabilities and equity 1,377,266 1,366,056
Class A Shares    
Non-current liabilities:    
Common Stock 318,073 317,069
Class B Shares    
Non-current liabilities:    
Common Stock 0 0
Related Party    
Current assets:    
Accounts receivable, net 9,878 4,945
Current liabilities:    
Accounts payable 1,062 781
Nonrelated Party    
Current assets:    
Accounts receivable, net 17,618 19,363
Current liabilities:    
Accounts payable $ 742 $ 562