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EQUITY (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 18, 2024
Jun. 07, 2024
Mar. 28, 2024
Mar. 13, 2024
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2024
Jun. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Issuance of common stock pursuant to public offering (in shares)     5,250,000              
Net proceeds from issuance of common stock     $ 342,100              
Dividends declared (in dollars per share)         $ 0.20 $ 0.20 $ 0.15 $ 0.15    
Cash dividend   $ 24,900   $ 23,900 $ 24,889 $ 23,858 $ 17,917 $ 17,768    
Distributions         24,451 25,725 25,333 19,110    
Contributions         11,760   24,500      
Contribution related to formation of San Mateo, net of tax         1,800 $ 300   $ 3,100 $ 2,100 $ 3,100
Subsequent Event                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Dividends declared (in dollars per share) $ 0.20                  
Service-Based Restricted Stock Units                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Shares granted in period (in shares)                 137,100  
Performance-Based Stock Units                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Shares granted in period (in shares)                 176,000  
Vesting period                 3 years  
Performance-Based Stock Units | Minimum                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Award vesting amount, percentage                 0.00%  
Performance-Based Stock Units | Maximum                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Award vesting amount, percentage                 200.00%  
Restricted Stock                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Shares granted in period (in shares)                 112,700  
Service-based Restricted Stock Units And Performance-Based Stock Units                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Vesting period                 3 years  
Fair value of awards                 $ 25,800  
Matador Resources Company | San Mateo                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Distributions         25,400   26,400   52,200 46,300
Five Point                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Performance incentives earned         8,800   0   10,300 14,700
Five Point | San Mateo                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Distributions         24,500   25,300   50,200 44,400
San Mateo | Matador Resources Company                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Contributions         12,200   25,500   19,900 25,500
San Mateo | Five Point                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Contributions         $ 11,800   $ 24,500   $ 19,100 $ 24,500