Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 310,655 $ 281,046
Accrued receivables, net 61,392 48,216
Prepaid expenses and other current assets 1,822 2,778
Tax like-kind exchange escrow 1,978 1,978
Total current assets 375,847 334,018
Property, plant and equipment, net 78,395 79,267
Real estate acquired 108,536 108,536
Royalty interests acquired, net 45,435 45,646
Operating lease right-of-use assets 2,314 2,473
Other assets 3,275 1,695
Real estate and royalty interests assigned through the Declaration of Trust, no value assigned:    
Total assets 613,802 571,635
LIABILITIES AND EQUITY    
Accounts payable and accrued expenses 12,367 12,530
Unearned revenue 5,298 3,997
Income taxes payable 16,183 4,054
Total current liabilities 33,848 20,581
Deferred taxes payable 38,581 38,728
Unearned revenue - non-current 21,891 22,171
Accrued liabilities 2,893 2,150
Operating lease liabilities 2,654 2,821
Total liabilities 99,867 86,451
Commitments and contingencies 0 0
Equity:    
Certificates of Proprietary Interest, par value $100 each; none outstanding as of December 31, 2020 0  
Sub-share Certificates in Certificates of Proprietary Interest, par value $0.0333 each; outstanding 7,756,156 Sub-share Certificates as of December 31, 2020 78  
Accumulated other comprehensive loss (2,665) (2,693)
Retained earnings and net proceeds from all sources 516,522 487,877
Total equity 513,935 485,184
Total liabilities and equity 613,802 571,635
Certificates of Proprietary Interest    
Equity:    
Certificates of Proprietary Interest, par value $100 each; none outstanding as of December 31, 2020   0
Sub-share Certificates in Certificates of Proprietary Interest    
Equity:    
Sub-share Certificates in Certificates of Proprietary Interest, par value $0.0333 each; outstanding 7,756,156 Sub-share Certificates as of December 31, 2020   0
Land (surface rights)    
Real estate and royalty interests assigned through the 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 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 Declaration of Trust, no value assigned:    
1/128th nonparticipating perpetual royalty interest $ 0 $ 0