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ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2021
ACQUISITION  
Schedule of asset acquisition

(in thousands)

Mineral interests in proved properties

$

12,542

Mineral interests in unproved properties

18,419

$

30,961

AllDale I and II  
ACQUISITION  
Schedule of total fair value of consideration transferred

As of January 3, 2019

(in thousands)

Cash

$

176,205

Previously held investments

307,322

Total

$

483,527

Summary of fair value allocation of assets acquired and liabilities assumed

(in thousands)

Cash and cash equivalents

$

900

Mineral interests in proved properties

184,032

Mineral interests in unproved properties

291,190

Receivables

9,326

Accounts payable

(1,921)

Net assets acquired

$

483,527

Schedule of revenue and earnings since acquisition date and pro forma condensed consolidated income statement

Year Ended

December 31, 

2019

    

(in thousands)

Revenue

$

48,411

Net income

 

18,543

Wing  
ACQUISITION  
Summary of fair value allocation of assets acquired and liabilities assumed

(in thousands)

Mineral interests in proved properties

$

75,071

Mineral interests in unproved properties

67,701

Receivables

2,155

Net assets acquired

$

144,927

Schedule of revenue and earnings since acquisition date and pro forma condensed consolidated income statement

Year Ended

December 31, 

2019

    

(in thousands)

Revenue

$

4,625

Net income

 

1,291

Year Ended

December 31, 

    

2019

(in thousands)

Total revenues

As reported

$

1,961,720

Pro forma

1,966,291

Net income

As reported

$

406,926

Pro forma

411,217