Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 223,743 $ 303,645
Accrued receivables, net 68,679 62,995
Other assets 3,676 3,980
Property, plant and equipment, net of accumulated depreciation of $14,544 and $11,313 as of March 31, 2020 and December 31, 2019, respectively 88,709 88,323
Real estate acquired 110,965 107,075
Royalty interests acquired, net of accumulated depletion of $318 and $260 as of March 31, 2020 and December 31, 2019, respectively 45,938 29,060
Operating lease right-of-use assets 2,939 3,098
Real estate and royalty interests assigned through the 1888 Declaration of Trust, no value assigned:    
Total assets 544,649 598,176
LIABILITIES AND CAPITAL    
Accounts payable and accrued expenses 21,139 19,193
Income taxes payable 14,697 5,271
Deferred taxes payable 40,772 40,827
Unearned revenue 19,448 17,381
Operating lease liabilities 3,250 3,367
Total liabilities 99,306 86,039
Commitments and contingencies 0 0
Capital:    
Certificates of Proprietary Interest, par value $100 each; none outstanding 0 0
Sub-share Certificates in Certificates of Proprietary Interest, par value $0.0333 each; outstanding 7,756,156 Sub-share Certificates as of March 31, 2020 and December 31, 2019 0 0
Accumulated other comprehensive loss (1,447) (1,461)
Net proceeds from all sources 446,790 513,598
Total capital 445,343 512,137
Total liabilities and capital 544,649 598,176
Land (surface rights)    
Real estate and royalty interests assigned through the 1888 Declaration of Trust, no value assigned:    
Land (surface rights) 0 0
1/16th nonparticipating perpetual royalty interest    
Real estate and royalty interests assigned through the 1888 Declaration of Trust, no value assigned:    
1/16th nonparticipating perpetual royalty interest 0 0
1/128th nonparticipating perpetual royalty interest    
Real estate and royalty interests assigned through the 1888 Declaration of Trust, no value assigned:    
1/128th nonparticipating perpetual royalty interest $ 0 $ 0