XML 27 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Statements Of Income (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUES        
Royalties $ 5,317,841 $ 5,009,358 $ 9,623,164 $ 9,717,225
Interest and other income 12,511 19,553 294,332 45,866
TOTAL REVENUES 5,330,352 5,028,911 9,917,496 9,763,091
Costs and expenses (1,087,872) (1,011,200) (2,103,258) (2,054,534)
NET INCOME $ 4,242,480 $ 4,017,711 $ 7,814,238 $ 7,708,557
Weighted-average shares outstanding 1,500,000 1,500,000 1,500,000 1,500,000
BASIC & DILUTED EARNINGS PER SHARE $ 2.83 $ 2.68 $ 5.21 $ 5.14
Distributions declared per share $ 2.50 [1] $ 2.50 [2] $ 4.75 [3] $ 4.75 [4]
[1] $2.50 declared 6/16/2014 payable 7/31/2014
[2] $2.50 declared 6/17/2013 paid 7/31/2013
[3] $2.25 declared 3/14/2014 paid 4/30/2014 plus $2.50 declared 6/16/2014 payable 7/31/2014
[4] $2.25 declared 3/8/2013 paid 4/30/2013 plus $2.50 declared 6/17/2013 paid 7/31/2013