Note 4 - Miscellaneous Other Income

12 Months Ended

Dec. 31, 2020

Notes to Financial Statements

Interest and Other Income [Text Block]

NOTE 4—MISCELLANEOUS OTHER INCOME:

	For the Years Ended December 31,
	2020		2019		2018
Contract Buyout	$	44,703	$	9,959	$	350
Sale of Certain Mining Rights		39,437		—		—
Sale of Certain Coal Lease Contracts		17,847		—		—
Royalty Income - Non-Operated Coal		12,032		22,208		24,722
Litigation Proceeds		8,624		—		—
Rental Income		1,314		2,517		3,804
Interest Income		1,230		2,937		2,146
Property Easements and Option Income		907		1,631		5,644
Purchased Coal Sales		—		12,385		19,152
Other		792		1,712		2,842
Miscellaneous Other Income	$	126,886	$	53,349	$	58,660

Contract buyout income was primarily the result of partial contract buyouts that involved negotiations to reduce coal quantities several customers were otherwise obligated to purchase under contracts in exchange for payment of certain fees to the Company, and do not impact forward contract terms.

The sale of certain mining rights was a transaction in connection with future coal reserves completed in the year ended December 31, 2020.

The sale of certain coal lease contracts was in connection with one of several transactions completed in the year ended December 31, 2020 related to the Company's non-operating surface and mineral assets outside of the Pennsylvania Mining Complex.

Royalty income represents earned revenue related to overriding royalty agreements or coal reserve leases between the Company and third-party operators.

Litigation proceeds were received during the year ended December 31, 2020 as a result of positive developments in legal matters in which the Company is the plaintiff.

Purchased coal sales include earned revenue related to coal purchased externally by the Company to blend and resell in order to fulfill various contracts.