Quarterly report pursuant to Section 13 or 15(d)

Oil and Gas Royalty Interests (Tables)

v3.22.1
Oil and Gas Royalty Interests (Tables)
3 Months Ended
Mar. 31, 2022
Real Estate [Abstract]  
Schedule of Royalty Interests As of March 31, 2022 and December 31, 2021, we owned the following oil and gas royalty interests (in thousands):
Net Book Value
March 31,
2022
December 31,
2021
1/16th nonparticipating perpetual royalty interests $ —  $ — 
1/128th nonparticipating perpetual royalty interests —  — 
Royalty interests acquired 47,903  46,266 
Total royalty interests, gross $ 47,903  $ 46,266 
Less: accumulated depletion (2,108) (1,876)
Total royalty interests, net $ 45,795  $ 44,390