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Quarterly report pursuant to Section 13 or 15(d)

Royalty Interests (Details)

v3.21.2
Royalty Interests (Details)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2021
USD ($)
Jun. 30, 2020
USD ($)
a
$ / a
Dec. 31, 2020
USD ($)
Net Book Value Ìý Ìý Ìý
Royalty interests acquired $ 46,266 Ìý $ 46,266
Total royalty interests, gross 46,266 Ìý 46,266
Less: accumulated depletion (988) Ìý (620)
Total royalty interests, net 45,278 Ìý $ 45,646
Acquisition of royalty interests $ 0 $ 16,945 Ìý
Royalty interest rate 12.50% Ìý Ìý
1/16th nonparticipating perpetual royalty interests Ìý Ìý Ìý
Real Estate Properties [Line Items] Ìý Ìý Ìý
Nonparticipating perpetual royalty interest rate 6.25% Ìý 6.25%
Net Book Value Ìý Ìý Ìý
1/16th nonparticipating perpetual royalty interest $ 0 Ìý $ 0
1/128th nonparticipating perpetual royalty interests Ìý Ìý Ìý
Real Estate Properties [Line Items] Ìý Ìý Ìý
Nonparticipating perpetual royalty interest rate 0.78125% Ìý 0.78125%
Net Book Value Ìý Ìý Ìý
1/128th nonparticipating perpetual royalty interest $ 0 Ìý $ 0
Additional real estate acquisitions Ìý Ìý Ìý
Net Book Value Ìý Ìý Ìý
Net royalty interests (acre) | a Ìý 1,017 Ìý
Acquisition of royalty interests Ìý $ 16,900 Ìý
Average price per net royalty acre acquired (in dollars per acre) | $ / a Ìý 16,668 Ìý