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Statements Of Income (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
REVENUES      
Royalties $ 24,020,334 $ 26,614,880 $ 20,633,285
Interest Earned 36,750 48,230 74,734
Rent and other income 98,968 75,429 157,787
TOTAL REVENUES 24,156,052 26,738,539 20,865,806
EXPENSES      
Royalty costs 4,623 4,623 4,623
Real estate and payroll taxes 167,249 190,042 169,792
Inspection and care of properties 629,108 596,476 590,463
Administrative and general 2,554,260 2,280,596 2,018,365
Depreciation and amortization 732,379 618,991 613,721
TOTAL EXPENSES 4,087,619 3,690,728 3,396,964
NET INCOME $ 20,068,433 $ 23,047,811 $ 17,468,842
Weighted-average shares outstanding 1,500,000 1,500,000 1,500,000
BASIC & DILUTED EARNINGS PER SHARE $ 13.38 $ 15.37 $ 11.65