XML 30 R18.htm IDEA: XBRL DOCUMENT v3.20.2
Concentrations
9 Months Ended
Sep. 30, 2020
Risks and Uncertainties [Abstract]  
Concentrations

(9) Concentrations

 

The mining royalty lands segment has a total of five tenants currently leasing mining locations and one lessee that accounted for 32.1% of the Company’s consolidated revenues during the nine months ended September 30, 2020 and $374,000 of accounts receivable at September 30, 2020.  The termination of these lessees’ underlying leases could have a material adverse effect on the Company. The Company places its cash and cash equivalents with Wells Fargo Bank and First Horizon Bank.  At times, such amounts may exceed FDIC limits.