2013 Q1 Form 10-K Financial Statement
#000110465913028356 Filed on April 10, 2013
Income Statement
Concept | 2013 Q1 | 2012 Q1 | 2011 Q4 |
---|---|---|---|
Revenue | $4.995M | $6.579M | $13.97M |
YoY Change | -24.07% | 18.75% | 20.66% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $210.0K | $290.0K | $212.1K |
YoY Change | -27.59% | 7.41% | 17.98% |
Operating Profit | |||
YoY Change | |||
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $4.790M | $6.290M | $13.76M |
YoY Change | -23.85% | 19.35% | 20.7% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | 0.0% | 0.0% | 0.0% |
Net Earnings | $4.788M | $6.285M | $13.76M |
YoY Change | -23.83% | 19.27% | 20.67% |
Net Earnings / Revenue | 95.85% | 95.54% | 98.48% |
Basic Earnings Per Share | $0.36 | $0.48 | $1.05 |
Diluted Earnings Per Share | $365.1K | $479.4K | $1.049M |
COMMON SHARES | |||
Basic Shares Outstanding | 13.12M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2013 Q1 | 2012 Q1 | 2011 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $6.730M | $10.25M | $60.00K |
YoY Change | -34.34% | 17.95% | -99.51% |
Cash & Equivalents | $6.727M | $10.25M | $58.58K |
Short-Term Investments | |||
Other Short-Term Assets | $60.00K | $50.00K | $90.00K |
YoY Change | 20.0% | 0.0% | 80.0% |
Inventory | |||
Prepaid Expenses | $56.57K | $53.77K | $89.84K |
Receivables | $220.0K | $390.0K | $19.27M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $7.441M | $10.70M | $19.60M |
YoY Change | -30.43% | 10.88% | 25.69% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $640.0K | $470.0K | $550.0K |
YoY Change | 36.17% | -29.85% | -17.91% |
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $205.1K | $473.8K | $374.8K |
YoY Change | -56.72% | 15793866.67% | -43.21% |
TOTAL ASSETS | |||
Total Short-Term Assets | $7.441M | $10.70M | $19.60M |
Total Long-Term Assets | $205.1K | $473.8K | $374.8K |
Total Assets | $7.646M | $11.17M | $19.97M |
YoY Change | -31.54% | 15.79% | 22.89% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | $30.00K | $170.0K | $90.00K |
YoY Change | -82.35% | 30.77% | 28.57% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $6.460M | $10.14M | $15.25M |
YoY Change | -36.29% | 17.09% | 26.98% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $6.460M | $10.14M | $15.25M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $6.464M | $10.14M | $15.25M |
YoY Change | -36.24% | 17.09% | 27.0% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | |||
YoY Change | |||
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.180M | $1.030M | $4.720M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.646M | $11.17M | $19.97M |
YoY Change | -31.54% | 15.79% | 22.89% |
Cashflow Statement
Concept | 2013 Q1 | 2012 Q1 | 2011 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $4.788M | $6.285M | $13.76M |
YoY Change | -23.83% | 19.27% | 20.67% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | $6.550M | $24.81M | $70.00K |
YoY Change | -73.6% | 194.66% | -99.42% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $80.00K | $10.00K |
YoY Change | -100.0% | -98.44% | |
Cash From Investing Activities | $0.00 | $80.00K | $10.00K |
YoY Change | -100.0% | -98.44% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -14.83M | -14.69M | -7.880M |
YoY Change | 0.95% | 23.03% | -24.88% |
NET CHANGE | |||
Cash From Operating Activities | 6.550M | 24.81M | 70.00K |
Cash From Investing Activities | 0.000 | 80.00K | 10.00K |
Cash From Financing Activities | -14.83M | -14.69M | -7.880M |
Net Change In Cash | -8.280M | 10.20M | -7.800M |
YoY Change | -181.18% | -389.77% | -462.79% |
FREE CASH FLOW | |||
Cash From Operating Activities | $6.550M | $24.81M | $70.00K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2013 | msb |
Royalties Under Amended Lease Agreements
RoyaltiesUnderAmendedLeaseAgreements
|
30767335 | USD |
CY2012 | msb |
Royalties Under Amended Lease Agreements
RoyaltiesUnderAmendedLeaseAgreements
|
33467153 | USD |
CY2011 | msb |
Royalties Under Amended Lease Agreements
RoyaltiesUnderAmendedLeaseAgreements
|
32751210 | USD |
CY2013 | msb |
Royalties Under Peters Lease Fee
RoyaltiesUnderPetersLeaseFee
|
794146 | USD |
CY2012 | msb |
Royalties Under Peters Lease Fee
RoyaltiesUnderPetersLeaseFee
|
687029 | USD |
CY2011 | msb |
Royalties Under Peters Lease Fee
RoyaltiesUnderPetersLeaseFee
|
576428 | USD |
CY2013 | us-gaap |
Interest Income Securities Us Treasury And Other Us Government
InterestIncomeSecuritiesUSTreasuryAndOtherUSGovernment
|
1464 | USD |
CY2013 | msb |
Compensation Of Trustees
CompensationOfTrustees
|
248624 | USD |
CY2012 | msb |
Compensation Of Trustees
CompensationOfTrustees
|
243048 | USD |
CY2011 | msb |
Compensation Of Trustees
CompensationOfTrustees
|
223811 | USD |
CY2013 | us-gaap |
Trustee Fees
TrusteeFees
|
62500 | USD |
CY2012 | us-gaap |
Trustee Fees
TrusteeFees
|
62500 | USD |
CY2011 | us-gaap |
Trustee Fees
TrusteeFees
|
62500 | USD |
CY2013 | us-gaap |
Legal Fees
LegalFees
|
214629 | USD |
CY2012 | us-gaap |
Legal Fees
LegalFees
|
272931 | USD |
CY2011 | us-gaap |
Legal Fees
LegalFees
|
238023 | USD |
CY2013 | msb |
Accounting Expense
AccountingExpense
|
116563 | USD |
CY2012 | msb |
Accounting Expense
AccountingExpense
|
127320 | USD |
CY2011 | msb |
Accounting Expense
AccountingExpense
|
127485 | USD |
CY2013 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.336 | |
CY2013Q1 | us-gaap |
Liabilities
Liabilities
|
6463735 | USD |
CY2013Q1 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
34930 | USD |
CY2013Q1 | us-gaap |
Capital Units
CapitalUnits
|
3 | USD |
CY2013 | us-gaap |
Net Income Loss
NetIncomeLoss
|
30654737 | USD |
CY2012 | us-gaap |
Interest Income Securities Us Treasury And Other Us Government
InterestIncomeSecuritiesUSTreasuryAndOtherUSGovernment
|
4144 | USD |
CY2011 | us-gaap |
Interest Income Securities Us Treasury And Other Us Government
InterestIncomeSecuritiesUSTreasuryAndOtherUSGovernment
|
14233 | USD |
CY2013 | us-gaap |
Revenues
Revenues
|
31562945 | USD |
CY2012 | us-gaap |
Revenues
Revenues
|
34158326 | USD |
CY2011 | us-gaap |
Revenues
Revenues
|
33341871 | USD |
CY2013Q1 | us-gaap |
Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
|
438815 | USD |
CY2011 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.474 | |
CY2012 | us-gaap |
Net Income Loss
NetIncomeLoss
|
33237332 | USD |
CY2011 | us-gaap |
Net Income Loss
NetIncomeLoss
|
32463194 | USD |
CY2013 | msb |
Mining Consultant And Field Representatives Expense
MiningConsultantAndFieldRepresentativesExpense
|
25368 | USD |
CY2012 | msb |
Mining Consultant And Field Representatives Expense
MiningConsultantAndFieldRepresentativesExpense
|
24953 | USD |
CY2011 | msb |
Mining Consultant And Field Representatives Expense
MiningConsultantAndFieldRepresentativesExpense
|
23512 | USD |
CY2013 | msb |
Directors And Officers Liability Insurance Expense
DirectorsAndOfficersLiabilityInsuranceExpense
|
120843 | USD |
CY2012 | msb |
Directors And Officers Liability Insurance Expense
DirectorsAndOfficersLiabilityInsuranceExpense
|
113955 | USD |
CY2011 | msb |
Directors And Officers Liability Insurance Expense
DirectorsAndOfficersLiabilityInsuranceExpense
|
69408 | USD |
CY2013 | msb |
Annual Stock Exchange Fee
AnnualStockExchangeFee
|
38444 | USD |
CY2012 | msb |
Annual Stock Exchange Fee
AnnualStockExchangeFee
|
38000 | USD |
CY2011 | msb |
Annual Stock Exchange Fee
AnnualStockExchangeFee
|
38000 | USD |
CY2013 | msb |
Transfer Agent And Registrar Fees
TransferAgentAndRegistrarFees
|
8381 | USD |
CY2012 | msb |
Transfer Agent And Registrar Fees
TransferAgentAndRegistrarFees
|
6597 | USD |
CY2011 | msb |
Transfer Agent And Registrar Fees
TransferAgentAndRegistrarFees
|
11798 | USD |
CY2013 | us-gaap |
Other Expenses
OtherExpenses
|
72856 | USD |
CY2012 | us-gaap |
Other Expenses
OtherExpenses
|
31690 | USD |
CY2011 | us-gaap |
Other Expenses
OtherExpenses
|
84140 | USD |
CY2013 | us-gaap |
Operating Expenses
OperatingExpenses
|
908208 | USD |
CY2012 | us-gaap |
Operating Expenses
OperatingExpenses
|
920994 | USD |
CY2011 | us-gaap |
Operating Expenses
OperatingExpenses
|
878677 | USD |
CY2013 | msb |
Weighted Average Number Of Units Outstanding
WeightedAverageNumberOfUnitsOutstanding
|
13120010 | shares |
CY2012 | msb |
Weighted Average Number Of Units Outstanding
WeightedAverageNumberOfUnitsOutstanding
|
13120010 | shares |
CY2012Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
53767 | USD |
CY2011 | msb |
Weighted Average Number Of Units Outstanding
WeightedAverageNumberOfUnitsOutstanding
|
13120010 | shares |
CY2012 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.533 | |
CY2013Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
56573 | USD |
CY2012Q1 | us-gaap |
Assets Current
AssetsCurrent
|
10695221 | USD |
CY2013Q1 | us-gaap |
Assets Current
AssetsCurrent
|
7440902 | USD |
CY2012Q1 | msb |
Us Government Securities At Carrying Value Noncurrent
USGovernmentSecuritiesAtCarryingValueNoncurrent
|
473816 | USD |
CY2013Q1 | msb |
Us Government Securities At Carrying Value Noncurrent
USGovernmentSecuritiesAtCarryingValueNoncurrent
|
205055 | USD |
CY2012Q1 | msb |
Amended Assignments Of Lease Property
AmendedAssignmentsOfLeaseProperty
|
1 | USD |
CY2013Q1 | msb |
Amended Assignments Of Lease Property
AmendedAssignmentsOfLeaseProperty
|
1 | USD |
CY2012Q1 | msb |
Assignments Of Leased Property
AssignmentsOfLeasedProperty
|
1 | USD |
CY2012Q1 | msb |
Certificate Of Beneficial Interest Land Trust
CertificateOfBeneficialInterestLandTrust
|
1 | USD |
CY2013Q1 | msb |
Assignments Of Leased Property
AssignmentsOfLeasedProperty
|
1 | USD |
CY2012Q1 | msb |
Fixed Property Including Intangible
FixedPropertyIncludingIntangible
|
3 | USD |
CY2013Q1 | msb |
Certificate Of Beneficial Interest Land Trust
CertificateOfBeneficialInterestLandTrust
|
1 | USD |
CY2013Q1 | msb |
Fixed Property Including Intangible
FixedPropertyIncludingIntangible
|
3 | USD |
CY2012Q1 | us-gaap |
Assets
Assets
|
11169040 | USD |
CY2013Q1 | us-gaap |
Assets
Assets
|
7645960 | USD |
CY2012Q1 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
166321 | USD |
CY2012Q1 | msb |
Certificate Of Beneficial Interest Units
CertificateOfBeneficialInterestUnits
|
13120010 | shares |
CY2013Q1 | msb |
Certificate Of Beneficial Interest Units
CertificateOfBeneficialInterestUnits
|
13120010 | shares |
CY2012Q1 | us-gaap |
Liabilities
Liabilities
|
10137529 | USD |
CY2012Q1 | us-gaap |
Capital Units
CapitalUnits
|
3 | USD |
CY2012Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
11169040 | USD |
CY2013Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7645960 | USD |
CY2013 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2013 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2012Q3 | dei |
Entity Public Float
EntityPublicFloat
|
340726660 | USD |
CY2013Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6727461 | USD |
CY2012Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
10253474 | USD |
CY2013Q1 | msb |
Accrued Income Receivable
AccruedIncomeReceivable
|
218053 | USD |
CY2012Q1 | msb |
Accrued Income Receivable
AccruedIncomeReceivable
|
387980 | USD |
CY2012Q1 | us-gaap |
Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
|
9971208 | USD |
CY2013Q1 | us-gaap |
Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
|
6428805 | USD |
CY2013Q1 | msb |
Unallocated Reserve
UnallocatedReserve
|
1182222 | USD |
CY2012Q1 | msb |
Unallocated Reserve
UnallocatedReserve
|
1031508 | USD |
CY2013Q1 | msb |
Distribution Declared Per Unit
DistributionDeclaredPerUnit
|
0.49 | |
CY2011Q1 | msb |
Distribution Declared Per Unit
DistributionDeclaredPerUnit
|
0.65 | |
CY2012Q1 | msb |
Distribution Declared Per Unit
DistributionDeclaredPerUnit
|
0.76 | |
CY2010Q3 | msb |
Distribution Paid Per Unit
DistributionPaidPerUnit
|
0.125 | |
CY2010Q4 | msb |
Distribution Paid Per Unit
DistributionPaidPerUnit
|
0.80 | |
CY2011Q1 | msb |
Distribution Paid Per Unit
DistributionPaidPerUnit
|
0.91 | |
CY2011Q3 | msb |
Distribution Paid Per Unit
DistributionPaidPerUnit
|
0.05 | |
CY2011Q4 | msb |
Distribution Paid Per Unit
DistributionPaidPerUnit
|
0.60 | |
CY2012Q1 | msb |
Distribution Paid Per Unit
DistributionPaidPerUnit
|
1.12 | |
CY2012Q3 | msb |
Distribution Paid Per Unit
DistributionPaidPerUnit
|
0.07 | |
CY2012Q4 | msb |
Distribution Paid Per Unit
DistributionPaidPerUnit
|
0.64 | |
CY2013Q1 | msb |
Distribution Paid Per Unit
DistributionPaidPerUnit
|
1.13 | |
CY2013 | us-gaap |
Proceeds From Royalties Received
ProceedsFromRoyaltiesReceived
|
31731348 | USD |
CY2013 | msb |
Interest Received Government Securities
InterestReceivedGovernmentSecurities
|
1524 | USD |
CY2013 | us-gaap |
Payments For Operating Activities
PaymentsForOperatingActivities
|
1042405 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
30690467 | USD |
CY2012 | us-gaap |
Proceeds From Royalties Received
ProceedsFromRoyaltiesReceived
|
33997720 | USD |
CY2012 | msb |
Interest Received Government Securities
InterestReceivedGovernmentSecurities
|
5412 | USD |
CY2012 | us-gaap |
Payments For Operating Activities
PaymentsForOperatingActivities
|
887998 | USD |
CY2012 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
33115134 | USD |
CY2011 | us-gaap |
Proceeds From Royalties Received
ProceedsFromRoyaltiesReceived
|
31195990 | USD |
CY2011 | msb |
Interest Received Government Securities
InterestReceivedGovernmentSecurities
|
17033 | USD |
CY2011 | us-gaap |
Payments For Operating Activities
PaymentsForOperatingActivities
|
854432 | USD |
CY2011 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
30358591 | USD |
CY2013 | us-gaap |
Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
|
35000 | USD |
CY2013 | us-gaap |
Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
|
205054 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-170054 | USD |
CY2012 | us-gaap |
Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
|
767400 | USD |
CY2012 | us-gaap |
Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
|
572327 | USD |
CY2012 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
195073 | USD |
CY2011 | us-gaap |
Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
|
2180000 | USD |
CY2011 | us-gaap |
Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
|
998374 | USD |
CY2011 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
1181626 | USD |
CY2013 | msb |
Payments Of Distributions To Unitholders
PaymentsOfDistributionsToUnitholders
|
34046426 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-3526013 | USD |
CY2012 | msb |
Payments Of Distributions To Unitholders
PaymentsOfDistributionsToUnitholders
|
31750424 | USD |
CY2012 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
1559783 | USD |
CY2011 | msb |
Payments Of Distributions To Unitholders
PaymentsOfDistributionsToUnitholders
|
31291223 | USD |
CY2011 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
248994 | USD |
CY2013 | us-gaap |
Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
-169927 | USD |
CY2013 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
2806 | USD |
CY2013 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-131391 | USD |
CY2012 | us-gaap |
Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
155194 | USD |
CY2012 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
3560 | USD |
CY2012 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
36556 | USD |
CY2011 | us-gaap |
Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
|
-641152 | USD |
CY2011 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
19785 | USD |
CY2011 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
44030 | USD |
CY2011 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-2770000 | USD |
CY2013 | msb |
Distributions Declared
DistributionsDeclared
|
6428805 | USD |
CY2012 | msb |
Distributions Declared
DistributionsDeclared
|
9971208 | USD |
CY2011 | msb |
Distributions Declared
DistributionsDeclared
|
8528006 | USD |
CY2011Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
8693691 | USD |
CY2010Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
8444697 | USD |
CY2013 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style='font-size:10.0pt;FONT-FAMILY: Times New Roman;'> <p style="MARGIN: 0in 0in 0pt"><i><font style="FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman" size="2">Concentration of Credit Risk</font></i></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Financial instruments which potentially subject the Trust to concentrations of credit risk consist primarily of cash that is maintained at an FDIC insured financial institution. At times during the year the Trust’s cash balance may exceed insured limits.</font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">As further described in Note 1, NMC is the lessee/operator of the Mesabi Trust land.  All royalty income earned by the Trust is received from NMC, and accordingly, substantially all of the accrued income receivable is also due from NMC.</font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></div> | |
CY2013 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style='font-size:10.0pt;FONT-FAMILY: Times New Roman;'> <p style="MARGIN: 0in 0in 0pt"><i><font style="FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman" size="2">Accounting Estimates</font></i></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">The preparation of financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires the Trustees to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.  Specifically, the accrued income receivable, deferred royalty revenue and related royalty revenue are significant estimates which are subject to change in the near term, and changes to these estimates could have a material effect on the Trust’s financial statements.</font></p> <p style="MARGIN: 0in 0in 0pt"><i><font style="FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman" size="2"> </font></i></p></div> | |
CY2013 | msb |
Number Of Persons Named In Exhibit To Agreement Of Trust
NumberOfPersonsNamedInExhibitToAgreementOfTrust
|
25 | item |
CY2013 | msb |
Trust Agreement Age Of Youngest Survivor
TrustAgreementAgeOfYoungestSurvivor
|
P52Y | |
CY2013Q1 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
6727461 | USD |
CY2012Q1 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
10253474 | USD |
CY2013Q1 | msb |
Recognized Revenue Sold Quantity Subject To Price Determination
RecognizedRevenueSoldQuantitySubjectToPriceDetermination
|
717000 | |
CY2013 | msb |
Percentage Of Fee Interest Held By Land Trust In Lease Property
PercentageOfFeeInterestHeldByLandTrustInLeaseProperty
|
0.20 | pure |
CY2013 | msb |
Distribution Declared Distributions Paid
DistributionDeclaredDistributionsPaid
|
34046426 | USD |
CY2012 | msb |
Distribution Declared Distributions Paid
DistributionDeclaredDistributionsPaid
|
31750424 | USD |
CY2011 | msb |
Distribution Declared Distributions Paid
DistributionDeclaredDistributionsPaid
|
31291223 | USD |
CY2013 | msb |
Distribution Declared Distributions Paid Per Unit
DistributionDeclaredDistributionsPaidPerUnit
|
2.595 | |
CY2012 | msb |
Distribution Declared Distributions Paid Per Unit
DistributionDeclaredDistributionsPaidPerUnit
|
2.42 | |
CY2011 | msb |
Distribution Declared Distributions Paid Per Unit
DistributionDeclaredDistributionsPaidPerUnit
|
2.385 | |
CY2012Q1 | msb |
Cash And Cash Equivalents And Us Government Securities
CashAndCashEquivalentsAndUSGovernmentSecurities
|
10727290 | USD |
CY2013Q1 | msb |
Cash And Cash Equivalents And Us Government Securities
CashAndCashEquivalentsAndUSGovernmentSecurities
|
7373331 | USD |
CY2012Q1 | msb |
Unallocated Cash And Cash Equivalents And Us Government Securities
UnallocatedCashAndCashEquivalentsAndUSGovernmentSecurities
|
756082 | USD |
CY2013Q1 | msb |
Unallocated Cash And Cash Equivalents And Us Government Securities
UnallocatedCashAndCashEquivalentsAndUSGovernmentSecurities
|
944526 | USD |
CY2013 | msb |
Distributions Paid And Declared
DistributionsPaidAndDeclared
|
30504023 | USD |
CY2012Q2 | us-gaap |
Revenues
Revenues
|
3693446 | USD |
CY2012Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
323554 | USD |
CY2012Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3369892 | USD |
CY2012Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.257 | |
CY2012Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.829 | |
CY2012Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
10873286 | USD |
CY2012Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
186938 | USD |
CY2012Q3 | us-gaap |
Revenues
Revenues
|
11060224 | USD |
CY2012Q4 | us-gaap |
Revenues
Revenues
|
11814420 | USD |
CY2012Q4 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
190394 | USD |
CY2012Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11624026 | USD |
CY2012Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.886 | |
CY2013Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.364 | |
CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4787533 | USD |
CY2013Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
207322 | USD |
CY2013Q1 | us-gaap |
Revenues
Revenues
|
4994855 | USD |
CY2011Q2 | us-gaap |
Revenues
Revenues
|
3278048 | USD |
CY2011Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
214787 | USD |
CY2011Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3063261 | USD |
CY2011Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.233 | |
CY2011Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.772 | |
CY2011Q3 | us-gaap |
Revenues
Revenues
|
10333266 | USD |
CY2011Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
200981 | USD |
CY2011Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
10132285 | USD |
CY2011Q4 | us-gaap |
Revenues
Revenues
|
13968405 | USD |
CY2011Q4 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
212068 | USD |
CY2011Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
13756337 | USD |
CY2011Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.049 | |
CY2012Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.479 | |
CY2012Q1 | us-gaap |
Revenues
Revenues
|
6578607 | USD |
CY2012Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
293158 | USD |
CY2012Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
6285449 | USD |
CY2013Q1 | msb |
Distributions Declared Per Unit Of Beneficial Interest
DistributionsDeclaredPerUnitOfBeneficialInterest
|
0.49 | |
CY2013 | msb |
Period Of Termination After Death Of Last Survivor
PeriodOfTerminationAfterDeathOfLastSurvivor
|
P21Y | |
CY2013 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style='font-size:10.0pt;FONT-FAMILY: Times New Roman;'> <p style="MARGIN: 0in 0in 0pt"><i><font style="FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman" size="2">Reclassifications</font></i></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Certain amounts from prior years have been reclassified to conform with presentation classifications adopted in the current year.  The reclassifications did not have an impact on net income or unallocated reserve.</font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></div> |