Quarterly report pursuant to Section 13 or 15(d)

Organization and Description of Business Segments (Details)

v3.24.3
Organization and Description of Business Segments (Details)
 6 Months Ended 9 Months Ended 12 Months Ended
Mar. 26, 2024
$ / shares
shares
Jun. 30, 2024
Sep. 30, 2024
a
segment
$ / shares
shares
Dec. 31, 2023
$ / shares
shares
Mar. 01, 2024
shares
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Area of land (in acres)     640    
Preferred stock, authorized (in shares) | shares     1,000,000 1,000,000  
Certificates of proprietary interest, par value (in dollars per share) | $ / shares     $ 0.01 $ 0.01  
Common stock, authorized (in shares) | shares     46,536,936    
Common stock, par value (in dollars per share) | $ / shares $ 0.01   $ 0.01 $ 0.01  
Capital stock, authorized (in shares) | shares         47,536,936
Stock split, conversion ratio (in shares) 3        
Common stock dividends (in shares) | shares 2        
Number of operating segments | segment     2    
1/16th nonparticipating perpetual royalty interest          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Nonparticipating perpetual royalty interest rate (in percentage)   6.25% 6.25% 6.25%  
1/128th nonparticipating perpetual royalty interest          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Nonparticipating perpetual royalty interest rate (in percentage)     0.78125% 0.78125%  
1/8th Net royalty acres          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Nonparticipating perpetual royalty interest rate (in percentage)     12.50%    
West Texas          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Area of land (in acres)     873,000    
West Texas | 1/128th Nonparticipating perpetual oil and gas royalty interest          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Area of land (in acres)     85,000    
West Texas | 1/16th Nonparticipating perpetual oil and gas royalty interest          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Area of land (in acres)     371,000    
West Texas | 1/8th Net royalty acres          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Area of land (in acres)     8,000    
West Texas | Net Royalty Acres          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Area of land (in acres)     199,000