ºÚÁϳԹÏÍø

Quarterly report pursuant to Section 13 or 15(d)

Real Estate Activity

v3.24.1.u1
Real Estate Activity
3 Months Ended
Mar. 31, 2024
Real Estate [Abstract] Ìý
Real Estate Activity Real Estate Activity
As of March 31, 2024 and December 31, 2023, TPL owned the following land and real estate (in thousands, except number of acres):
March 31,
2024
December 31,
2023
Number of Acres Net Book Value Number of Acres Net Book Value
Land (surface rights) (1)
798,958Ìý $ —Ìý 798,999Ìý $ —Ìý
Real estate acquired 69,447Ìý 129,774Ìý 69,447Ìý 130,024Ìý
Total real estate situated in Texas 868,405Ìý $ 129,774Ìý 868,446Ìý $ 130,024Ìý
(1)Real estate assigned through the Declaration of Trust.
For the three months ended MarchÌý31, 2024, we sold 41 acres of land in Texas for an aggregate sales price of $1.2 million. There were no significant land sales for the three months ended MarchÌý31, 2023. There were no land acquisitions for the three months ended MarchÌý31, 2024 or 2023.