XML 60 R45.htm IDEA: XBRL DOCUMENT v3.25.4
Asset Acquisitions - Additional Information (Details)
$ in Thousands
 12 Months Ended
Nov. 12, 2025
USD ($)
a
shares
Apr. 11, 2025
USD ($)
a
Feb. 25, 2025
USD ($)
a
Dec. 19, 2024
USD ($)
a
Nov. 22, 2024
USD ($)
a
Nov. 01, 2024
USD ($)
a
May 10, 2024
USD ($)
a
Mar. 18, 2024
USD ($)
a
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Asset Acquisition [Line Items]                      
Asset acquisition fund transferred                 $ 4,236 $ 985 $ 2,783
Class B Shares issued for acquisition                 $ 53,586    
Class B                      
Asset Acquisition [Line Items]                      
Class B Shares issued for acquisition $ 53,600                    
Lea County Asset Acquisition                      
Asset Acquisition [Line Items]                      
Area of land | a     3,000   5,820     11,000      
Total purchase consideration     $ 17,100   $ 26,800     $ 26,400      
Other assets         2,700            
Lea County Asset Acquisition | Intangible Asset [Member]                      
Asset Acquisition [Line Items]                      
Total purchase consideration         5,100     500      
Lea County Asset Acquisition | Land                      
Asset Acquisition [Line Items]                      
Total purchase consideration         $ 18,900     $ 25,900      
1918 Ranch Acquisition                      
Asset Acquisition [Line Items]                      
Area of land | a 38,000                    
Total purchase consideration $ 263,900                    
Asset acquisition fund transferred $ 208,500                    
1918 Ranch Acquisition | Class B                      
Asset Acquisition [Line Items]                      
Class B Shares issued for acquisition, Shares | shares 657,411                    
Class B Shares issued for acquisition $ 53,600                    
1918 Ranch Acquisition | Land                      
Asset Acquisition [Line Items]                      
Area of land | a 22,400                    
Total purchase consideration $ 158,800                    
1918 Ranch Acquisition | Leasehold Acres                      
Asset Acquisition [Line Items]                      
Area of land | a 12,000                    
1918 Ranch Acquisition | Long-term Management Agreement                      
Asset Acquisition [Line Items]                      
Area of land | a 3,600                    
1918 Ranch Acquisition | Surface Use Agreements                      
Asset Acquisition [Line Items]                      
Total purchase consideration $ 97,100                    
1918 Ranch Acquisition | Brackish Water Supply                      
Asset Acquisition [Line Items]                      
Total purchase consideration $ 8,000                    
Wolf Bone Acquisition                      
Asset Acquisition [Line Items]                      
Area of land | a       46,000              
Total purchase consideration       $ 246,800              
Loving, Winkler and Lea Counties Asset Acquisition                      
Asset Acquisition [Line Items]                      
Area of land | a             103,000        
Total purchase consideration             $ 362,600        
Other assets             2,900        
Loving, Winkler and Lea Counties Asset Acquisition | Land                      
Asset Acquisition [Line Items]                      
Total purchase consideration             $ 359,700        
Lea and Andrews County Asset Acquisition                      
Asset Acquisition [Line Items]                      
Area of land | a             34,000        
Total purchase consideration             $ 42,200        
Winkler County Asset Acquisition                      
Asset Acquisition [Line Items]                      
Area of land | a           1,280          
Total purchase consideration           $ 20,500          
Contingent consideration           1,100          
Other assets           200          
Liability           1,100          
Winkler County Asset Acquisition | Intangible Asset [Member]                      
Asset Acquisition [Line Items]                      
Total purchase consideration           13,600          
Winkler County Asset Acquisition | Land                      
Asset Acquisition [Line Items]                      
Total purchase consideration           3,800          
Winkler County Asset Acquisition | Supply Water                      
Asset Acquisition [Line Items]                      
Total purchase consideration           $ 4,000          
Reeves County Asset Acquisition                      
Asset Acquisition [Line Items]                      
Area of land | a   800                  
Total purchase consideration   $ 700