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Annual report [Section 13 and 15(d), not S-K Item 405]

Real Estate Activity (Tables)

v3.25.4
Real Estate Activity (Tables)
12 Months Ended
Dec. 31, 2025
Real Estate [Abstract] Ìý
Schedule of Real Estate Activity
As of December 31, 2025 and 2024, we owned the following land and real estate (in thousands, except number of acres):
December 31,
2025
December 31,
2024
Number of Acres Net Book Value Number of Acres Net Book Value
Land (surface rights) (1)
798,626Ìý $ —Ìý 798,643Ìý $ —Ìý
Real estate acquired 83,427Ìý 179,129Ìý 74,493Ìý 143,178Ìý
Total real estate 882,053Ìý $ 179,129Ìý 873,136Ìý $ 143,178Ìý
(1)Real estate assigned through the Declaration of Trust.