TRUSTEES:
|
ROY THOMAS | |
MAURICE MEYER III
|
Telephone (214) 969 - 5530 | General Agent |
JOHN R. NORRIS III
|
||
JAMES K. NORWOOD
|
DAVID M. PETERSON | |
Assistant General Agent
|
Three Months Ended | ||||||||||||
December 31, 2012 | December 31, 2011 | |||||||||||
Rentals, royalties and other income
|
$ | 7,276,793 | $ | 6,514,422 | ||||||||
Land sales
|
-- | 4,725,140 | ||||||||||
Total income
|
$ | 7,276,793 | $ | 11,239,562 | ||||||||
Provision for income tax
|
$ | 2,104,711 | $ | 3,449,425 | ||||||||
Net income
|
$ | 4,113,797 | $ | 6,560,335 | ||||||||
Net income per sub-share
|
$.47 | $.71 | ||||||||||
Average sub-shares outstanding during period
|
8,848,369 | 9,239,974 | ||||||||||
Year Ended | ||||||||||||
December 31, 2012 | December 31, 2011 | |||||||||||
Rentals, royalties and other income
|
$ | 26,797,144 | $ | 22,445,924 | ||||||||
Land sales
|
5,809,747 | 11,873,112 | ||||||||||
Total income
|
$ | 32,606,891 | $ | 34,319,036 | ||||||||
Provision for income tax
|
$ | 9,675,068 | $ | 10,161,149 | ||||||||
Net income
|
$ | 19,647,818 | $ | 20,594,769 | ||||||||
Net income per sub-share
|
$2.20 | $2.21 | ||||||||||
Average sub-shares outstanding during period
|
8,939,045 | 9,336,998 |