XML 28 R17.htm IDEA: XBRL DOCUMENT v3.23.3
Concentrations
3 Months Ended
Sep. 30, 2023
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 24.6% of the Company’s consolidated revenues during the nine months ended September 30, 2023, and $502,000 of accounts receivable at September 30, 2023. 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.