REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Royalty income	$ 208,158	$ 195,614	$ 628,711	$ 514,896
Revenue Generated from Diamondback Operated Properties
Disaggregation of Revenue [Line Items]
Royalty income	112,913	127,992	334,253	318,017
Revenue Generated from Third Party Operated Properties
Disaggregation of Revenue [Line Items]
Royalty income	95,245	67,622	294,458	196,879
Oil income
Disaggregation of Revenue [Line Items]
Royalty income	186,750	168,008	558,203	443,927
Oil income | Revenue Generated from Diamondback Operated Properties
Disaggregation of Revenue [Line Items]
Royalty income	99,192	110,934	293,687	275,466
Oil income | Revenue Generated from Third Party Operated Properties
Disaggregation of Revenue [Line Items]
Royalty income	87,558	57,074	264,516	168,461
Natural gas income
Disaggregation of Revenue [Line Items]
Royalty income	823	8,893	8,763	22,974
Natural gas income | Revenue Generated from Diamondback Operated Properties
Disaggregation of Revenue [Line Items]
Royalty income	1,535	5,243	6,103	11,903
Natural gas income | Revenue Generated from Third Party Operated Properties
Disaggregation of Revenue [Line Items]
Royalty income	(712)	3,650	2,660	11,071
Natural gas liquids income
Disaggregation of Revenue [Line Items]
Royalty income	20,585	18,713	61,745	47,995
Natural gas liquids income | Revenue Generated from Diamondback Operated Properties
Disaggregation of Revenue [Line Items]
Royalty income	12,186	11,815	34,463	30,648
Natural gas liquids income | Revenue Generated from Third Party Operated Properties
Disaggregation of Revenue [Line Items]
Royalty income	$ 8,399	$ 6,898	$ 27,282	$ 17,347