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Condensed Statements Of Income (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUES    
Royalties $ 4,305,323 $ 4,707,867
Interest and other income 281,821 26,313
TOTAL REVENUES 4,587,144 4,734,180
Costs and expenses (1,015,386) (1,043,334)
NET INCOME $ 3,571,758 $ 3,690,846
Weighted-average shares outstanding 1,500,000 1,500,000
BASIC & DILUTED EARNINGS PER SHARE $ 2.38 $ 2.46
Distributions declared $ 2.25 [1] $ 2.25 [2]
[1] $2.25 declared 3/14/2014 payable 4/30/2014
[2] $2.25 declared 3/8/2013 paid 4/30/2013