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Statements Of Income (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
REVENUES      
Royalties $ 18,842,746 $ 24,020,334 $ 26,614,880
Interest earned 20,952 36,750 48,230
Rent and other income 87,691 98,968 75,429
TOTAL REVENUES 18,951,389 24,156,052 26,738,539
EXPENSES      
Royalty costs 4,623 4,623 4,623
Real estate and payroll taxes 147,406 167,249 190,042
Inspection and care of properties 648,738 629,108 596,476
Administrative and general 2,615,837 2,554,260 2,280,596
Depreciation and amortization 744,071 732,379 618,991
TOTAL EXPENSES 4,160,675 4,087,619 3,690,728
NET INCOME $ 14,790,714 $ 20,068,433 $ 23,047,811
WEIGHTED-AVERAGE SHARES OUTSTANDING 1,500,000 1,500,000 1,500,000
BASIC & DILUTED EARNINGS PER SHARE $ 9.86 $ 13.38 $ 15.37