Quarterly report [Sections 13 or 15(d)]

Real Estate Activity (Tables)

v3.26.1
Real Estate Activity (Tables)
3 Months Ended
Mar. 31, 2026
Real Estate [Abstract]  
Schedule of Real Estate Activity
As of March 31, 2026 and December 31, 2025, we owned the following land and real estate (in thousands, except number of acres):
March 31,
2026
December 31,
2025
Number of Acres Net Book Value Number of Acres Net Book Value
Land (surface rights) (1)
797,947  $ —  798,626  $ — 
Real estate acquired 83,427  179,129  83,427  179,129 
Total real estate 881,374  $ 179,129  882,053  $ 179,129 
(1)Real estate assigned through the Declaration of Trust.