Note 4 - Miscellaneous Other Income

12 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Interest and Other Income [Text Block]

NOTE 4—MISCELLANEOUS OTHER INCOME:

	For the Years Ended December 31,
	2021		2020		2019
Sale of Certain Mining Rights	$	21,756	$	39,437	$	—
Royalty Income - Non-Operated Coal		8,661		12,032		22,208
Interest Income		3,287		1,230		2,937
Rental Income		1,095		1,314		2,517
Purchased Coal Sales		—		—		12,385
Contract Buyout		—		44,703		9,959
Sale of Certain Coal Lease Contracts		—		17,847		—
Other		3,595		10,323		3,343
Miscellaneous Other Income	$	38,394	$	126,886	$	53,349

The sale of certain mining rights involved transactions in connection with future coal reserves completed in the years ended December 31, 2021 and 2020.

Royalty income represents earned revenue related to overriding royalty agreements or coal reserve leases between the Company and third-party operators.

Purchased coal sales include earned revenue related to coal purchased externally by the Company to blend and resell in order to fulfill various contracts.

Contract buyout income was primarily the result of partial contract buyouts that involved negotiations to reduce coal quantities several customers were otherwise obligated to purchase under contracts in exchange for payment of certain fees to the Company, and do not impact forward contract terms.

The sale of certain coal lease contracts was in connection with one of several transactions completed in the year ended December 31, 2020 related to the Company's non-operating surface and mineral assets outside of the Pennsylvania Mining Complex.