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Condensed Balance Sheets (USD $)
Mar. 31, 2013
Dec. 31, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 997,424 $ 643,431 [1]
United States Treasury securities 4,829,247 8,427,807 [1]
Royalties receivable 4,434,172 4,070,111 [1]
Prepaid expenses 75,761 2,110 [1]
TOTAL CURRENT ASSETS 10,336,604 13,143,459 [1]
NONCURRENT ASSETS    
United States Treasury securities 3,322,818 4,295,457 [1]
PROPERTIES    
Mineral and surface lands 39,479,708 39,479,708 [1]
Less: Allowances for accumulated depletion and amortization (38,071,477) (37,897,777) [1]
Mineral and surface lands, net 1,408,231 1,581,931 [1]
Building and equipment 334,538 334,538 [1]
Less: Allowances for accumulated depreciation (247,670) (236,671) [1]
Building and equipment, net 86,868 97,867 [1]
TOTAL PROPERTIES 1,495,099 1,679,798 [1]
TOTAL ASSETS 15,154,521 19,118,714 [1]
CURRENT LIABILITIES    
Accounts payable and accrued expenses 130,056 104,256 [1]
Distributions 3,375,000 7,875,000 [1]
TOTAL CURRENT LIABILITIES 3,505,056 7,979,256 [1]
NONCURRENT LIABILITIES    
Deferred compensation 229,100 229,100 [1]
Liability for pension benefits 1,535,604 1,511,694 [1]
TOTAL NONCURRENT LIABILITIES 1,764,704 1,740,794 [1]
TOTAL LIABILITIES 5,269,760 9,720,050 [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 12,136,619 11,820,773 [1]
Accumulated other comprehensive loss (2,251,858) (2,422,109) [1]
TOTAL BENEFICIARIES' EQUITY 9,884,761 9,398,664 [1]
TOTAL LIABILITIES AND BENEFICIARIES' EQUITY $ 15,154,521 $ 19,118,714 [1]
[1] The balance sheet at December 31, 2012, 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.