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Condensed Statements Of Income (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
REVENUES        
Royalties $ 5,178,144 $ 6,473,243 $ 19,483,824 $ 18,431,116
Interest and other income 45,251 21,192 98,962 84,050
TOTAL REVENUES 5,223,395 6,494,435 19,582,786 18,515,166
Costs and expenses (956,143) (838,126) (3,067,840) (2,711,297)
NET INCOME $ 4,267,252 $ 5,656,309 $ 16,514,946 $ 15,803,869
Weighted-average shares outstanding 1,500,000 1,500,000 1,500,000 1,500,000
BASIC & DILUTED EARNINGS PER SHARE $ 2.84 $ 3.77 $ 11.01 $ 10.54
Distributions declared per share $ 3.50 [1] $ 4.00 [2] $ 8.75 [3] $ 9.25 [4]
[1] $3.50 declared 9/7/2012 payable 10/31/2012
[2] $4.00 declared 9/16/2011 paid 10/31/2011
[3] $2.25 declared 3/9/2012 paid 4/30/2012 plus $3.00 declared 6/6/2012 paid 7/31/2012 plus $3.50 declared 9/7/2012 payable 10/31/2012
[4] $2.25 declared 3/10/2011 paid 4/29/2011 plus $3.00 declared 6/10/2011 paid 7/29/2011 plus $4.00 declared 9/16/2011 paid 10/31/2011