Quarterly report pursuant to Section 13 or 15(d)

Real Estate Activity

v3.23.1
Real Estate Activity
 3 Months Ended
Mar. 31, 2023
Real Estate [Abstract]  
Real Estate Activity Real Estate Activity
As of March 31, 2023 and December 31, 2022, TPL owned the following land and real estate (in thousands, except number of acres):
March 31,
2023		 December 31,
2022
Number of Acres Net Book Value Number of Acres Net Book Value
Land (surface rights) (1)
817,051  $ —  817,060  $ — 
Real estate acquired 57,306  109,704  57,306  109,704 
Total real estate situated in Texas 874,357  $ 109,704  874,366  $ 109,704 
(1)Real estate assigned through the Declaration of Trust.
There were no significant land sales or acquisitions for the three months ended March 31, 2023 or 2022.