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Quarterly report pursuant to Section 13 or 15(d)

Organization and Description of Business Segments (Details)

v3.24.3
Organization and Description of Business Segments (Details)
6 Months Ended 9 Months Ended 12 Months Ended
Mar. 26, 2024
$ / shares
shares
Jun. 30, 2024
Sep. 30, 2024
a
segment
$ / shares
shares
Dec. 31, 2023
$ / shares
shares
Mar. 01, 2024
shares
Organization, Consolidation and Presentation of Financial Statements [Line Items] Ìý Ìý Ìý Ìý Ìý
Area of land (in acres) Ìý Ìý 640 Ìý Ìý
Preferred stock, authorized (in shares) | shares Ìý Ìý 1,000,000 1,000,000 Ìý
Certificates of proprietary interest, par value (in dollars per share) | $ / shares Ìý Ìý $ 0.01 $ 0.01 Ìý
Common stock, authorized (in shares) | shares Ìý Ìý 46,536,936 Ìý Ìý
Common stock, par value (in dollars per share) | $ / shares $ 0.01 Ìý $ 0.01 $ 0.01 Ìý
Capital stock, authorized (in shares) | shares Ìý Ìý Ìý Ìý 47,536,936
Stock split, conversion ratio (in shares) 3 Ìý Ìý Ìý Ìý
Common stock dividends (in shares) | shares 2 Ìý Ìý Ìý Ìý
Number of operating segments | segment Ìý Ìý 2 Ìý Ìý
1/16th nonparticipating perpetual royalty interest Ìý Ìý Ìý Ìý Ìý
Organization, Consolidation and Presentation of Financial Statements [Line Items] Ìý Ìý Ìý Ìý Ìý
Nonparticipating perpetual royalty interest rate (in percentage) Ìý 6.25% 6.25% 6.25% Ìý
1/128th nonparticipating perpetual royalty interest Ìý Ìý Ìý Ìý Ìý
Organization, Consolidation and Presentation of Financial Statements [Line Items] Ìý Ìý Ìý Ìý Ìý
Nonparticipating perpetual royalty interest rate (in percentage) Ìý Ìý 0.78125% 0.78125% Ìý
1/8th Net royalty acres Ìý Ìý Ìý Ìý Ìý
Organization, Consolidation and Presentation of Financial Statements [Line Items] Ìý Ìý Ìý Ìý Ìý
Nonparticipating perpetual royalty interest rate (in percentage) Ìý Ìý 12.50% Ìý Ìý
West Texas Ìý Ìý Ìý Ìý Ìý
Organization, Consolidation and Presentation of Financial Statements [Line Items] Ìý Ìý Ìý Ìý Ìý
Area of land (in acres) Ìý Ìý 873,000 Ìý Ìý
West Texas | 1/128th Nonparticipating perpetual oil and gas royalty interest Ìý Ìý Ìý Ìý Ìý
Organization, Consolidation and Presentation of Financial Statements [Line Items] Ìý Ìý Ìý Ìý Ìý
Area of land (in acres) Ìý Ìý 85,000 Ìý Ìý
West Texas | 1/16th Nonparticipating perpetual oil and gas royalty interest Ìý Ìý Ìý Ìý Ìý
Organization, Consolidation and Presentation of Financial Statements [Line Items] Ìý Ìý Ìý Ìý Ìý
Area of land (in acres) Ìý Ìý 371,000 Ìý Ìý
West Texas | 1/8th Net royalty acres Ìý Ìý Ìý Ìý Ìý
Organization, Consolidation and Presentation of Financial Statements [Line Items] Ìý Ìý Ìý Ìý Ìý
Area of land (in acres) Ìý Ìý 8,000 Ìý Ìý
West Texas | Net Royalty Acres Ìý Ìý Ìý Ìý Ìý
Organization, Consolidation and Presentation of Financial Statements [Line Items] Ìý Ìý Ìý Ìý Ìý
Area of land (in acres) Ìý Ìý 199,000 Ìý Ìý