XML 26 R17.htm IDEA: XBRL DOCUMENT v3.20.1
Concentrations
3 Months Ended
Mar. 31, 2020
Risks and Uncertainties [Abstract]  
Concentrations

(9) Concentrations

 

The mining royalty lands segment has a total of five tenants currently leasing mining locations and one lessee that accounted for 30% of the Company’s consolidated revenues during the three months ended March 31, 2020 and $406,000 of accounts receivable at March 31, 2020.  The termination of these lessees’ underlying leases could have a material adverse effect on the Company. The Company places its cash and cash equivalents with Wells Fargo Bank and First Tennessee Bank.  At times, such amounts may exceed FDIC limits.