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Condensed Balance Sheets (USD $)
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 805,039 $ 668,310 [1]
United States Treasury securities 4,039,117 5,013,272 [1]
Royalties receivable 6,282,003 6,041,224 [1]
Prepaid expenses 50,986 4,519 [1]
TOTAL CURRENT ASSETS 11,177,145 11,727,325 [1]
NONCURRENT ASSETS    
United States Treasury securities 5,130,100 3,025,924 [1]
PROPERTIES    
Mineral and surface lands 39,304,058 39,127,058 [1]
Less: Allowances for accumulated depletion and amortization (36,908,377) (36,614,977) [1]
MINERAL PROPERTIES, NET 2,395,681 2,512,081 [1]
Building and equipment 313,831 313,831 [1]
Less: Allowances for accumulated depreciation (211,890) (196,069) [1]
PROPERTY, PLANT AND EQUIPMENT, NET, TOTAL 101,941 117,762 [1]
TOTAL PROPERTIES 2,497,622 2,629,843 [1]
TOTAL ASSETS 18,804,867 17,383,092 [1]
LIABILITIES AND BENEFICIARIES' EQUITY    
Accounts payable and accrued expenses 140,904 111,556 [1]
Distributions 4,500,000 5,625,000 [1]
TOTAL CURRENT LIABILITIES 4,640,904 5,736,556 [1]
NONCURRENT LIABILITIES    
Deferred compensation 181,500 181,500 [1]
Liability for pension benefits 1,432,272 1,349,314 [1]
TOTAL NONCURRENT LIABILITIES 1,613,772 1,530,814 [1]
TOTAL LIABILITIES 6,254,676 7,267,370 [1]
BENEFICIARIES' EQUITY, including certificate holders' equity, represented by 1,500,000 certificates (shares or units) of beneficial interest authorized and outstanding, and the reversionary interest 14,477,089 12,204,529 [1]
Accumulated other comprehensive loss (1,926,898) (2,088,807) [1]
TOTAL BENEFICIARIES' EQUITY 12,550,191 10,115,722 [1]
TOTAL LIABILITIES AND BENEFICIARIES' EQUITY $ 18,804,867 $ 17,383,092 [1]
[1] Note: The balance sheet at December 31, 2010, has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.