XML 25 R13.htm IDEA: XBRL DOCUMENT v3.21.2
Note 4 - Miscellaneous Other Income
9 Months Ended
Sep. 30, 2021
Notes to Financial Statements  
Interest and Other Income [Text Block]

NOTE 4—MISCELLANEOUS OTHER INCOME:

 

   

Three Months Ended September 30,

   

Nine Months Ended September 30,

 
   

2021

   

2020

   

2021

   

2020

 

Royalty Income - Non-Operated Coal

  $ 2,821     $ 2,241     $ 5,095     $ 9,638  

Interest Income

    737       76       2,406       442  

Rental Income

    256       255       716       1,077  

Contract Buyout

                      40,969  

Sale of Certain Coal Lease Contracts

          17,847             17,847  

Other

    467       582       1,287       1,134  

Miscellaneous Other Income

  $ 4,281     $ 21,001     $ 9,504     $ 71,107  

 

Contract buyout income earned during 2020 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 coal lease contracts was in connection with one of several transactions completed in the three months ended September 30, 2020 related to the Company's non-operating surface and mineral assets outside of the Pennsylvania Mining Complex.