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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Royalties $ 151 $ 1,965 $ 8,366 $ 7,461
Miscellaneous income 0 21 0 63
Total revenues 151 1,986 8,366 7,524
Operating expenses:        
General and administrative 335 376 1,021 1,533
Total operating expenses 335 376 1,021 1,533
Operating (loss) income and (loss) income before income tax (benefit) expense (184) 1,610 7,345 5,991
Income tax (benefit) expense (337) 674 2,362 2,503
Net income $ 153 $ 936 $ 4,983 $ 3,488
Earnings per common share        
Basic (in dollars per share) $ 0.00 $ 0.02 $ 0.11 $ 0.08
Diluted (in dollars per share) $ 0.00 $ 0.02 $ 0.11 $ 0.08
Weighted-average shares - basic 44,215 44,214 44,215 44,214
Weighted-average shares - diluted 44,215 44,214 44,215 44,214