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Condensed Statements Of Income (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
REVENUES    
Royalties $ 4,707,867 $ 7,000,188
Interest and other income 26,313 30,357
TOTAL REVENUES 4,734,180 7,030,545
Costs and expenses (1,043,334) (1,061,464)
NET INCOME $ 3,690,846 $ 5,969,081
Weighted-average shares outstanding 1,500,000 1,500,000
BASIC & DILUTED EARNINGS PER SHARE $ 2.46 $ 3.98
Distributions declared per share $ 2.25 [1] $ 2.25 [2]
[1] $2.25 declared 3/8/2013 payable 4/30/2013
[2] $2.25 declared 3/9/2012 paid 4/30/2012