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SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Schedule of geographical distribution of long-lived assets Our long-lived assets (stream and royalty interests, net) are geographically distributed as shown in the following table (amounts in thousands):
As of June 30, 2024As of December 31, 2023
Stream
interest		Royalty
interest		Total stream
and royalty
interests, net		Stream
interest		Royalty
interest		Total stream
and royalty
interests, net
Canada$439,843 $662,678 $1,102,521 $461,398 $614,900 $1,076,298 
Dominican Republic306,692 — 306,692 311,050 — 311,050 
Africa249,070 321 249,391 264,529 321 264,850 
Chile216,785 224,116 440,901 222,629 224,116 446,745 
United States— 783,860 783,860 — 794,891 794,891 
Mexico— 36,903 36,903 — 41,803 41,803 
Australia— 20,437 20,437 — 21,288 21,288 
Rest of world86,804 26,479 113,283 92,010 26,639 118,649 
Total $1,299,194 $1,754,794 $3,053,988 $1,351,616 $1,723,958 $3,075,574 
Schedule of reportable segments for assessing performance
Our reportable segments for purposes of assessing performance are shown below (amounts in thousands):
Three Months Ended June 30, 2024
Revenue
Cost of sales(1)
Production taxes
Depletion(2)
Segment gross profit
Stream interests$122,952 $24,174 $— $26,124 $72,654 
Royalty interests51,144 — 1,581 9,534 40,029 
Total $174,096 $24,174 $1,581 $35,658 $112,683 
Three Months Ended June 30, 2023
Revenue
Cost of sales(1)
Production taxes
Depletion(2)
Segment gross profit
Stream interests$106,015 $23,367 $— $29,352 $53,296 
Royalty interests38,027 — 1,274 8,945 27,808 
Total$144,042 $23,367 $1,274 $38,297 $81,104 

Six Months Ended June 30, 2024
Revenue
Cost of sales(1)
Production taxes
Depletion(2)
Segment gross profit
Stream interests$225,481 $45,924 $— $53,525 $126,032 
Royalty interests97,518 — 3,031 20,816 73,671 
Total$322,999 $45,924 $3,031 $74,341 $199,703 
Six Months Ended June 30, 2023
Revenue
Cost of sales(1)
Production taxes
Depletion(2)
Segment gross profit
Stream interests$221,005 $48,387 $— $63,104 $109,514 
Royalty interests93,429 — 3,263 21,408 68,758 
Total$314,434 $48,387 $3,263 $84,512 $178,272 
_______________________________________________
(1)Excludes depreciation, depletion and amortization.
(2)Depletion amounts are included within Depreciation, depletion and amortization on our consolidated statements of operations and comprehensive income.
Schedule of reconciliation of segment gross profit to consolidated income (loss)
A reconciliation of total segment gross profit to the consolidated Income before income taxes is shown below (amounts in thousands):
Three Months Ended Six Months Ended
June 30,
2024		June 30,
2023		June 30,
2024		June 30,
2023
Total segment gross profit$112,683 $81,104 $199,703 $178,272 
Costs and expenses
General and administrative expenses10,511 9,093 21,923 20,093 
Depreciation and amortization89 115 171 229 
Operating income102,083 71,896 177,609 157,950 
Fair value changes in equity securities(63)(509)383 291 
Interest and other income807 2,650 3,783 4,912 
Interest and other expense(2,516)(8,408)(7,123)(17,582)
Income before income taxes$100,311 $65,629 $174,652 $145,571 
Schedule of revenue by reportable segment geographically distributed
Our revenue by reportable segment for the three and six months ended June 30, 2024 and 2023, is geographically distributed as shown in the following table (amounts in thousands):
Three Months Ended Six Months Ended
June 30,
2024		June 30,
2023		June 30,
2024		June 30,
2023
Stream interests:
Canada$62,661 $50,848 $107,365 $107,829 
Africa20,396 18,763 39,497 36,301 
Dominican Republic19,801 23,540 37,562 45,899 
Chile10,608 7,823 22,297 20,757 
Rest of world9,486 5,041 18,760 10,219 
Total stream interests$122,952 $106,015 $225,481 $221,005 
Royalty interests:
United States$25,273 $23,265 $49,352 $56,845 
Mexico12,888 8,155 23,656 17,449 
Australia7,047 5,081 12,022 9,180 
Canada3,035 (97)8,166 6,495 
Rest of world2,901 1,623 4,322 3,460 
Total royalty interests$51,144 $38,027 $97,518 $93,429 
Total revenue$174,096 $144,042 $322,999 $314,434