Subsequent Events	6 Months Ended
Jun. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	17. Subsequent Events Management has evaluated all subsequent events from the balance sheet date through the date these financial were available to be issued for disclosure or recognition within these financial statements and no items requiring disclosure were identified except for the events identified below. Cash Dividends On August 8, 2022, the Company declared a cash dividend of $0.71 per share of Class A and Class C Common Stock. The dividend is payable on August 31, 2022 to the stockholders of record at the close of business on August 15, 2022. First Amendment to 364-Day Bridge Loan Agreement On July 8, 2022 Sitio OpCo and the other guarantors party thereto entered into that certain First Amendment to Bridge Loan Agreement (the “Bridge Amendment”), pursuant to which the original Bridge Loan Agreement was amended to provide additional delayed draw term loan commitments in an aggregate principal amount of $175.0 million for total commitments of $425.0 million. Sitio OpCo borrowed $175.0 million on July 26, 2022 to fund the Momentum Acquisition (defined below). Second Amendment to Second Amended and Restated Credit Agreement On the July 8, 2022, Sitio OpCo and the other guarantors party thereto entered into a Second Amendment to Credit Agreement (the “RBL Second Amendment”), pursuant to which the Revolving Credit Facility was amended to permit the additional borrowings under the Bridge Amendment and permit the transactions contemplated by the Bridge Amendment. The RBL Second Amendment waives the Borrowing Base reduction that would otherwise apply to the incurrence of Permitted Additional Debt (as defined in the RBL Second Amendment) up to an aggregate additional amount of $50 million, for a total of $450 million, if incurred within 30 days of the closing of the RBL Second Amendment to fund a portion of the purchase price of the Momentum Acquisition. Momentum Acquisition On July 26, 2022, the Company acquired approximately 12,200 net royalty acres from Momentum Minerals Operating, LP, Momentum Minerals Operating II, LP, Momentum Minerals Nominee, Inc., Momentum Minerals Nominee II, Inc. and Athene Annuity & Life Assurance Company (together, “Momentum”) for a purchase price of $213.3 million, net of $11.0 million of customary closing adjustments. $22.4 million of the purchase price was classified as a deposit as of June 30, 2022 (the "Momentum Acquisition"). The Momentum Acquisition was funded through borrowings under the Bridge Loan Agreement and borrowings under the Revolving Credit Facility, in addition to cash on hand.

Subsequent Events

6 Months Ended

Jun. 30, 2022

17. Subsequent Events

Management has evaluated all subsequent events from the balance sheet date through the date these financial were available to be issued for disclosure or recognition within these financial statements and no items requiring disclosure were identified except for the events identified below.

Cash Dividends

On August 8, 2022, the Company declared a cash dividend of $0.71 per share of Class A and Class C Common Stock. The dividend is payable on August 31, 2022 to the stockholders of record at the close of business on August 15, 2022.

First Amendment to 364-Day Bridge Loan Agreement

On July 8, 2022 Sitio OpCo and the other guarantors party thereto entered into that certain First Amendment to Bridge Loan Agreement (the “Bridge Amendment”), pursuant to which the original Bridge Loan Agreement was amended to provide additional delayed draw term loan commitments in an aggregate principal amount of $175.0 million for total commitments of $425.0 million. Sitio OpCo borrowed $175.0 million on July 26, 2022 to fund the Momentum Acquisition (defined below).

Second Amendment to Second Amended and Restated Credit Agreement

On the July 8, 2022, Sitio OpCo and the other guarantors party thereto entered into a Second Amendment to Credit Agreement (the “RBL Second Amendment”), pursuant to which the Revolving Credit Facility was amended to permit the additional borrowings under the Bridge Amendment and permit the transactions contemplated by the Bridge Amendment. The RBL Second Amendment waives the Borrowing Base reduction that would otherwise apply to the incurrence of Permitted Additional Debt (as defined in the RBL Second Amendment) up to an aggregate additional amount of $50 million, for a total of $450 million, if incurred within 30 days of the closing of the RBL Second Amendment to fund a portion of the purchase price of the Momentum Acquisition.

Momentum Acquisition

On July 26, 2022, the Company acquired approximately 12,200 net royalty acres from Momentum Minerals Operating, LP, Momentum Minerals Operating II, LP, Momentum Minerals Nominee, Inc., Momentum Minerals Nominee II, Inc. and Athene Annuity & Life Assurance Company (together, “Momentum”) for a purchase price of $213.3 million, net of $11.0 million of customary closing adjustments. $22.4 million of the purchase price was classified as a deposit as of June 30, 2022 (the "Momentum Acquisition"). The Momentum Acquisition was funded through borrowings under the Bridge Loan Agreement and borrowings under the Revolving Credit Facility, in addition to cash on hand.