XML 37 R24.htm IDEA: XBRL DOCUMENT v3.21.2
SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2021
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

17.SUBSEQUENT EVENTS

Other than the events described below and in Note 10, there were no subsequent events.

On October 13, 2021, ARLP acquired approximately 1,480 oil & gas net royalty acres in the Delaware Basin from Boulders Royalty Corp. for a purchase price of $31.0 million, which was funded with cash on hand. This acquisition enhances our ownership position in the Permian Basin and furthers our business strategy to grow our Oil & Gas Royalties segment.