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Real Estate Activity (Tables)
6 Months Ended
Jun. 30, 2024
Real Estate [Abstract]  
Schedule of Real Estate Activity
As of June 30, 2024 and December 31, 2023, TPL owned the following land and real estate (in thousands, except number of acres):
June 30,
2024
December 31,
2023
Number of AcresNet Book ValueNumber of AcresNet Book Value
Land (surface rights) (1)
798,958 $— 798,999 $— 
Real estate acquired70,087 130,800 69,447 130,024 
Total real estate869,045 $130,800 868,446 $130,024 
(1)Real estate assigned through the Declaration of Trust.