Quarterly report [Sections 13 or 15(d)]

Real Estate Activity (Tables)

v3.25.2
Real Estate Activity (Tables)
6 Months Ended
Jun. 30, 2025
Real Estate [Abstract]  
Schedule of Real Estate Activity
As of June 30, 2025 and December 31, 2024, we owned the following land and real estate (in thousands, except number of acres):
June 30,
2025
December 31,
2024
Number of Acres Net Book Value Number of Acres Net Book Value
Land (surface rights) (1)
798,643  $ —  798,643  $ — 
Real estate acquired 75,280  147,683  74,493  143,178 
Total real estate 873,923  $ 147,683  873,136  $ 143,178 
(1)Real estate assigned through the Declaration of Trust.