Quarterly report pursuant to Section 13 or 15(d)

Royalty Interests (Tables)

v3.20.1
Royalty Interests (Tables)
3 Months Ended
Mar. 31, 2020
Real Estate [Abstract]  
Schedule of Royalty Interests
As of March 31, 2020 and December 31, 2019, the Trust owned the following oil and gas royalty interests (in thousands, except number of interests):
Net Book Value
March 31, 2020 December 31, 2019
1/16th nonparticipating perpetual royalty interests $ —    $ —   
1/128th nonparticipating perpetual royalty interests —    —   
Royalty interests acquired 46,256    29,320   
Total royalty interests, gross 46,256    29,320   
Less: accumulated depletion (318)   (260)  
Total royalty interests, net $ 45,938    $ 29,060