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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Royalties $ 2,272 $ 5,097 $ 5,496 $ 10,302
Miscellaneous income 0 95 42 151
Total revenues 2,272 5,192 5,538 10,453
Operating expenses:        
General and administrative 436 516 1,157 1,099
Total operating expenses 436 516 1,157 1,099
Operating income and income before income tax expense (benefit) 1,836 4,676 4,381 9,354
Income tax expense (benefit) 801 894 1,829 (1,600)
Net income $ 1,035 $ 3,782 $ 2,552 $ 10,954
Earnings per common share        
Basic $ 0.02 $ 0.09 $ 0.06 $ 0.25
Diluted $ 0.02 $ 0.09 $ 0.06 $ 0.25
Weighted-average shares - basic 44,120 44,182 44,167 44,182
Weighted-average shares - diluted 44,120 44,215 44,167 44,228