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Condensed Statements Of Income (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
REVENUES    
Royalties $ 7,000,188 $ 5,414,676
Interest and other income 30,357 34,218
TOTAL REVENUES 7,030,545 5,448,894
Costs and expenses (1,061,464) (954,202)
NET INCOME $ 5,969,081 $ 4,494,692
Weighted-average shares outstanding 1,500,000 1,500,000
BASIC AND DILUTED EARNINGS PER SHARE $ 3.98 $ 3.00
Distributions declared per share $ 2.25 [1] $ 2.25 [2]
[1] $2.25 declared 3/9/2012 payable 4/30/2012
[2] $2.25 declared 3/10/2011 paid 4/29/2011