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Quarterly report pursuant to Section 13 or 15(d)

Real Estate Activity

v3.22.2.2
Real Estate Activity
 9 Months Ended
Sep. 30, 2022
Real Estate [Abstract] Ìý
Real Estate Activity Real Estate Activity
As of September 30, 2022 and December 31, 2021, TPL owned the following land and real estate (in thousands, except number of acres):
September 30,
2022		 December 31,
2021
Number of Acres Net Book Value Number of Acres Net Book Value
Land (surface rights) (1)
823,323Ìý $ —Ìý 823,452Ìý $ —Ìý
Real estate acquired 57,146Ìý 109,083Ìý 57,129Ìý 109,071Ìý
Total real estate situated in Texas 880,469Ìý $ 109,083Ìý 880,581Ìý $ 109,071Ìý
(1)Real estate assigned through the Declaration of Trust.
For the nine months ended SeptemberÌý30, 2022, we sold 129 acres of land in Texas for an aggregate sales price of $3.3 million, an average of approximately $25,300 per acre. For the nine months ended September 30, 2021, we sold 30 acres of land in Texas for an aggregate sales price of $0.7 million, an average of approximately $25,000 per acre. There was no land basis associated with these sales. There were no significant land acquisitions for the nine months ended SeptemberÌý30, 2022.