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Real Estate Activity (Tables)
6 Months Ended
Jun. 30, 2026
Real Estate [Abstract]  
Schedule of Real Estate Activity
As of June 30, 2026 and December 31, 2025, we owned the following land and real estate (in thousands, except number of acres):
June 30,
2026
December 31,
2025
Number of AcresNet Book ValueNumber of AcresNet Book Value
Land (surface rights) (1)
797,947 $— 798,626 $— 
Real estate acquired96,059 289,291 83,427 179,129 
Total real estate894,006 $289,291 882,053 $179,129 
(1)Real estate assigned through the Declaration of Trust.