Quarterly report pursuant to Section 13 or 15(d)

Royalty Interests (Tables)

v3.20.2
Royalty Interests (Tables)
9 Months Ended
Sep. 30, 2020
Real Estate [Abstract]  
Schedule of Royalty Interests
As of September 30, 2020 and December 31, 2019, the Trust owned the following oil and gas royalty interests (in thousands, except number of interests):
Net Book Value
September 30, 2020 December 31, 2019
1/16th nonparticipating perpetual royalty interests $ —  $ — 
1/128th nonparticipating perpetual royalty interests —  — 
Royalty interests acquired 46,265  29,320 
Total royalty interests, gross 46,265  29,320 
Less: accumulated depletion (582) (260)
Total royalty interests, net $ 45,683  $ 29,060