Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 372,761 $ 281,046
Accrued receivables, net 82,897 48,216
Prepaid expenses and other current assets 2,450 2,778
Tax like-kind exchange escrow 0 1,978
Total current assets 458,108 334,018
Property, plant and equipment, net 79,204 79,267
Real estate acquired 108,546 108,536
Royalty interests acquired, net 45,151 45,646
Operating lease right-of-use assets 1,990 2,473
Other assets 2,618 1,695
Real estate and royalty interests assigned through the Declaration of Trust, no value assigned:    
Total assets 695,617 571,635
LIABILITIES AND EQUITY    
Accounts payable and accrued expenses 18,020 12,530
Unearned revenue 3,965 3,997
Income taxes payable 7,117 4,054
Total current liabilities 29,102 20,581
Deferred taxes payable 38,096 38,728
Unearned revenue - noncurrent 20,707 22,171
Accrued liabilities 4,377 2,150
Operating lease liabilities 2,293 2,821
Total liabilities 94,575 86,451
Commitments and contingencies 0 0
Equity:    
Preferred stock and Certificates of Proprietary Interest 0 0
Common stock and Sub-share Certificates in Certificates of Proprietary Interest 78 0
Treasury stock, at cost; 7,812 shares as of September 30, 2021 and none outstanding as of December 31, 2020 (11,193) 0
Accumulated other comprehensive loss (2,607) (2,693)
Retained earnings and net proceeds from all sources 614,764 487,877
Total equity 601,042 485,184
Total liabilities and equity 695,617 571,635
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