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Condensed Statements Of Income (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
REVENUES        
Royalties $ 5,017,263 $ 4,403,655 $ 14,640,427 $ 14,120,880
Interest and other income 43,406 35,443 337,738 81,309
TOTAL REVENUES 5,060,669 4,439,098 14,978,165 14,202,189
Costs and expenses (1,117,191) (1,035,095) (3,220,449) (3,089,629)
NET INCOME $ 3,943,478 $ 3,404,003 $ 11,757,716 $ 11,112,560
Weighted-average shares outstanding 1,500,000 1,500,000 1,500,000 1,500,000
BASIC & DILUTED EARNINGS PER SHARE $ 2.63 $ 2.27 $ 7.84 $ 7.41
Distributions declared per share $ 2.60 [1] $ 2.60 [2] $ 7.35 [3] $ 7.35 [4]
[1] $2.60 declared 9/12/2014 payable 10/31/2014
[2] $2.60 declared 9/13/2013 paid 10/31/2013
[3] $2.25 declared 3/14/2014 paid 4/30/2014 plus $2.50 declared 6/16/2014 payable 7/31/2014 plus $2.60 declared 9/12/2014 payable 10/31/2014
[4] $2.25 declared 3/8/2013 paid 4/30/2013 plus $2.50 declared 6/17/2013 paid 7/31/2013 plus $2.60 declared 9/13/2013 paid 10/31/2013