Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 258,364 $ 303,645
Accrued receivables, net 49,564 62,995
Other assets 3,208 3,980
Property, plant and equipment, net of accumulated depreciation of $18,130 and $11,313 as of June 30, 2020 and December 31, 2019, respectively 85,477 88,323
Real estate acquired 108,296 107,075
Royalty interests acquired, net of accumulated depletion of $360 and $260 as of June 30, 2020 and December 31, 2019, respectively 45,905 29,060
Operating lease right-of-use assets 2,786 3,098
Real estate and royalty interests assigned through the 1888 Declaration of Trust, no value assigned:    
Total assets 553,600 598,176
LIABILITIES AND CAPITAL    
Accounts payable and accrued expenses 15,372 19,193
Income taxes payable 1,985 5,271
Deferred taxes payable 40,127 40,827
Unearned revenue 20,036 17,381
Operating lease liabilities 3,141 3,367
Total liabilities 80,661 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 June 30, 2020 and December 31, 2019 0 0
Accumulated other comprehensive loss (1,434) (1,461)
Net proceeds from all sources 474,373 513,598
Total capital 472,939 512,137
Total liabilities and capital 553,600 598,176
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