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Condensed Balance Sheets (USD $)
Sep. 30, 2014
Dec. 31, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 919,094 $ 712,197
United States Treasury securities 7,533,804 5,468,675
Royalties receivable 5,017,263 4,448,907
Prepaid expenses 31,952 2,110
TOTAL CURRENT ASSETS 13,502,113 10,631,889
NONCURRENT ASSETS    
United States Treasury securities   2,883,251
Prepaid pension costs 1,930,938 587,159
NONCURRENT ASSETS 1,930,938 3,470,410
PROPERTIES    
Mineral and surface lands 39,479,708 39,479,708
Accumulated depletion and amortization (39,114,577) (38,592,577)
Mineral and surface lands, net 365,131 887,131
Building and equipment 335,767 335,767
Accumulated depreciation (304,963) (263,965)
Building and equipment, net 30,804 71,802
TOTAL PROPERTIES 395,935 958,933
TOTAL ASSETS 15,828,986 15,061,232
CURRENT LIABILITIES    
Accounts payable and accrued expenses 189,294 92,356
Deferred compensation 244,300  
Distributions 3,900,000 3,975,000
TOTAL CURRENT LIABILITIES 4,333,594 4,067,356
NONCURRENT LIABILITIES    
Deferred compensation   244,300
TOTAL LIABILITIES 4,333,594 4,311,656
BENEFICIARIES' EQUITY    
Certificate holders' equity, represented by 1,500,000 certificates (shares or units) of beneficial interest authorized and outstanding, and the reversionary interest 12,344,203 11,611,487
Accumulated other comprehensive loss (848,811) (861,911)
TOTAL BENEFICIARIES' EQUITY 11,495,392 10,749,576
TOTAL LIABILITIES AND BENEFICIARIES' EQUITY $ 15,828,986 $ 15,061,232