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Royalty Interests (Tables)
6 Months Ended
Jun. 30, 2020
Real Estate [Abstract]  
Schedule of Royalty Interests
As of June 30, 2020 and December 31, 2019, the Trust owned the following oil and gas royalty interests (in thousands, except number of interests):
Net Book Value
June 30, 2020December 31, 2019
1/16th nonparticipating perpetual royalty interests$—  $—  
1/128th nonparticipating perpetual royalty interests —  —  
Royalty interests acquired46,265  29,320  
Total royalty interests, gross46,265  29,320  
Less: accumulated depletion(360) (260) 
Total royalty interests, net$45,905  $29,060