Quarterly report pursuant to Section 13 or 15(d)

Royalty Interests (Tables)

v3.21.2
Royalty Interests (Tables)
9 Months Ended
Sep. 30, 2021
Real Estate [Abstract]  
Schedule of Royalty Interests
As of September 30, 2021 and December 31, 2020, we owned the following oil and gas royalty interests (in thousands):
Net Book Value
September 30, 2021 December 31, 2020
1/16th nonparticipating perpetual royalty interests $ —  $ — 
1/128th nonparticipating perpetual royalty interests —  — 
Royalty interests acquired 46,266  46,266 
Total royalty interests, gross 46,266  46,266 
Less: accumulated depletion (1,115) (620)
Total royalty interests, net $ 45,151  $ 45,646