v3.26.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 16,775 $ 30,741
Prepaid expenses and other current assets 5,436 4,766
Total current assets 63,576 59,815
Non-current assets:    
Property, plant and equipment, net 1,360,108 1,084,450
Intangible assets, net 129,176 136,962
Deferred tax assets 92,724 80,973
Other assets 3,909 3,856
Total non-current assets 1,585,917 1,306,241
Total assets 1,649,493 1,366,056
Current liabilities:    
Taxes payable 2,169 1,200
Accrued liabilities 16,415 7,781
Current portion of long-term debt 29 692
Contract liabilities 1,552 1,263
Other current liabilities 733 7
Total current liabilities 22,830 12,286
Non-current liabilities:    
Long-term debt, net of debt issuance costs 755,517 559,593
Other long-term liabilities 4,625 192
Total non-current liabilities 760,142 559,785
Total liabilities 782,972 572,071
Commitments and contingencies
Retained earnings 46,839 23,233
Total shareholders' equity attributable to LandBridge Company LLC 389,905 340,302
Noncontrolling interest 476,616 453,683
Total shareholders' equity 866,521 793,985
Total liabilities and equity 1,649,493 1,366,056
Class A Shares    
Non-current liabilities:    
Common Stock 343,066 317,069
Class B Shares    
Non-current liabilities:    
Common Stock 0 0
Related Party    
Current assets:    
Accounts receivable, net 11,211 4,945
Current liabilities:    
Accounts payable 1,219 781
Nonrelated Party    
Current assets:    
Accounts receivable, net 30,154 19,363
Current liabilities:    
Accounts payable $ 713 $ 562