Quarterly report pursuant to Section 13 or 15(d)

Real Estate Activity

v3.22.1
Real Estate Activity
3 Months Ended
Mar. 31, 2022
Real Estate [Abstract]  
Real Estate Activity Real Estate Activity
As of March 31, 2022 and December 31, 2021, TPL owned the following land and real estate (in thousands, except number of acres):
March 31,
2022
December 31,
2021
Number of Acres Net Book Value Number of Acres Net Book Value
Land (surface rights) (1)
823,445  $ —  823,452  $ — 
Real estate acquired 57,146  109,083  57,129  109,071 
Total real estate situated in Texas 880,591  $ 109,083  880,581  $ 109,071 
(1)Real estate assigned through the 1888 Declaration of Trust.
There were no significant land sales or acquisitions for the three months ended March 31, 2022.