Quarterly report [Sections 13 or 15(d)]

Oil and Gas Royalty Interests - Royalty Interests (Details)

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Oil and Gas Royalty Interests - Royalty Interests (Details)
$ in Thousands
Mar. 31, 2025
USD ($)
a
Dec. 31, 2024
USD ($)
a
Oil and gas royalty interests:    
Royalty interests acquired, at cost (3) $ 450,617 $ 447,071
Total royalty interests 450,617 447,071
Less: accumulated depletion (21,955) (14,670)
Royalty interests, net $ 428,662 $ 432,401
Gross royalty interests (in acres) | a 5,308 5,308
1/16th and 1/128th nonparticipating perpetual royalty interests    
Oil and gas royalty interests:    
1/16th nonparticipating perpetual royalty interests $ 0 $ 0
Gross royalty interests (in acres) | a 185,369 185,369
1/128th nonparticipating perpetual royalty interest    
Oil and gas royalty interests:    
1/128th nonparticipating perpetual royalty interests $ 0 $ 0
Royalty interests in acres    
Oil and gas royalty interests:    
Net royalty interest acquired (in acres) | a 16,074 15,897