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Quarterly report pursuant to Section 13 or 15(d)

Oil and Gas Royalty Interests (Tables)

v3.24.3
Oil and Gas Royalty Interests (Tables)
9 Months Ended
Sep. 30, 2024
Real Estate [Abstract] Ìý
Schedule of Royalty Interests
As of September 30, 2024 and December 31, 2023, we owned the following oil and gas royalty interests (in thousands):
September 30,
2024
December 31,
2023
Oil and gas royalty interests:
1/16th nonparticipating perpetual royalty interests (1)
$ —Ìý $ —Ìý
1/128th nonparticipating perpetual royalty interests (1)
—Ìý —Ìý
Royalty interests acquired, at cost 171,828Ìý 51,494Ìý
Total royalty interests 171,828Ìý 51,494Ìý
Less: accumulated depletion (7,800) (4,885)
Royalty interests, net $ 164,028Ìý $ 46,609Ìý
(1)Royalty interests assigned through the Declaration of Trust.