Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 249,881 $ 119,647
Accrued receivables 62,803 48,750
Tax like-kind exchange escrow 0 3,799
Other assets 4,766 3,884
Prepaid income taxes 0 9,398
Property, plant and equipment, net of accumulated depreciation of $8,006 and $3,012 as of September 30, 2019 and December 31, 2018, respectively 87,072 64,802
Real estate acquired 84,902 10,492
Royalty interests acquired 29,320 24,303
Operating lease right-of-use assets 3,250  
Real estate and royalty interests assigned through the 1888 Declaration of Trust, no value assigned:    
Total assets 521,994 285,075
LIABILITIES AND CAPITAL    
Accounts payable and accrued expenses 19,553 10,505
Income taxes payable 4,364 1,607
Deferred taxes payable 34,996 14,903
Unearned revenue 16,184 13,369
Operating lease liabilities 3,471  
Total liabilities 78,568 40,384
Commitments and contingencies 0 0
Capital:    
Certificates of Proprietary Interest, par value $100 each; none outstanding 0 0
Sub-share Certificates in Certificates of Proprietary Interest, par value $0.0333 each; outstanding 7,756,156 and 7,762,414 Sub-share Certificates as of September 30, 2019 and December 31, 2018, respectively 0 0
Accumulated other comprehensive loss (1,051) (1,078)
Net proceeds from all sources 444,477 245,769
Total capital 443,426 244,691
Total liabilities and capital 521,994 285,075
Land Surface Rights    
Real estate and royalty interests assigned through the 1888 Declaration of Trust, no value assigned:    
Land (surface rights) 0 0
1/16th Nonparticipating Perpetual Royalty Interest    
Real estate and royalty interests assigned through the 1888 Declaration of Trust, no value assigned:    
1/16th nonparticipating perpetual royalty interest 0 0
1/128th Nonparticipating Perpetual Royalty Interest    
Real estate and royalty interests assigned through the 1888 Declaration of Trust, no value assigned:    
1/128th nonparticipating perpetual royalty interest $ 0 $ 0