Quarterly report pursuant to Section 13 or 15(d)

Real Estate Activity (Tables)

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Real Estate Activity (Tables)
3 Months Ended
Mar. 31, 2024
Real Estate [Abstract]  
Schedule of Real Estate Activity
As of March 31, 2024 and December 31, 2023, TPL owned the following land and real estate (in thousands, except number of acres):
March 31,
2024
December 31,
2023
Number of Acres Net Book Value Number of Acres Net Book Value
Land (surface rights) (1)
798,958  $ —  798,999  $ — 
Real estate acquired 69,447  129,774  69,447  130,024 
Total real estate situated in Texas 868,405  $ 129,774  868,446  $ 130,024 
(1)Real estate assigned through the Declaration of Trust.