Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 329,134 $ 281,046
Accrued receivables, net 67,038 48,216
Prepaid expenses and other current assets 1,312 2,778
Tax like-kind exchange escrow 746 1,978
Total current assets 398,230 334,018
Property, plant and equipment, net 76,917 79,267
Real estate acquired 108,546 108,536
Royalty interests acquired, net 45,278 45,646
Operating lease right-of-use assets 2,153 2,473
Other assets 2,719 1,695
Real estate and royalty interests assigned through the Declaration of Trust, no value assigned:    
Total assets 633,843 571,635
LIABILITIES AND EQUITY    
Accounts payable and accrued expenses 13,979 12,530
Unearned revenue 4,388 3,997
Income taxes payable 3,443 4,054
Total current liabilities 21,810 20,581
Deferred taxes payable 38,346 38,728
Unearned revenue - noncurrent 20,411 22,171
Accrued liabilities 3,634 2,150
Operating lease liabilities 2,465 2,821
Total liabilities 86,666 86,451
Commitments and contingencies 0 0
Equity:    
Preferred stock and Certificates of Proprietary Interest 0  
Common stock and Sub-share Certificates in Certificates of Proprietary Interest 78  
Treasury stock, at cost; 1,633 shares as of June 30, 2021 and none outstanding as of December 31, 2020 (2,504) 0
Accumulated other comprehensive loss (2,636) (2,693)
Retained earnings and net proceeds from all sources 552,239 487,877
Total equity 547,177 485,184
Total liabilities and equity 633,843 571,635
Certificates of Proprietary Interest    
Equity:    
Preferred stock and Certificates of Proprietary Interest   0
Sub-share Certificates in Certificates of Proprietary Interest    
Equity:    
Common stock and Sub-share Certificates in Certificates of Proprietary Interest   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