10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-12-004585 |
| Period End Date | 20120331 |
| Filing Date | 20120507 |
| Fiscal Year | 2012 |
| Fiscal Period | Q1 |
| XBRL Instance | tpl-20120331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Land in Acres |
LandInAcres
|
10,125.00 | acre | Point-in-time |
| Land in Acres |
LandInAcres
|
10,125.00 | acre | Point-in-time |
| Surface rights in acres |
SurfaceRightsInAcres
|
913,190.00 | acre | Point-in-time |
| Surface rights in acres |
SurfaceRightsInAcres
|
918,650.00 | acre | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$13.03M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$14.66M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$7.15M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$8.13M | USD | Point-in-time |
| Accrued receivables |
OtherReceivables
|
$2.15M | USD | Point-in-time |
| Accrued receivables |
OtherReceivables
|
$2.79M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$57.44K | USD | Point-in-time |
| Other assets |
OtherAssets
|
$82.06K | USD | Point-in-time |
| Certificates of Proprietary Interest, par value (in Dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$100.00 | USD | Point-in-time |
| Certificates of Proprietary Interest, par value (in Dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$100.00 | USD | Point-in-time |
| Notes receivable for land sales |
NotesAndLoansReceivableNetNoncurrent
|
$10.05M | USD | Point-in-time |
| Notes receivable for land sales |
NotesAndLoansReceivableNetNoncurrent
|
$10.35M | USD | Point-in-time |
| Water wells, vehicles, furniture, and equipment - at cost less accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$48.17K | USD | Point-in-time |
| Certificates of Proprietary Interest, outstanding (in Shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Certificates of Proprietary Interest, outstanding (in Shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Water wells, vehicles, furniture, and equipment - at cost less accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$69.85K | USD | Point-in-time |
| Sub-share Certificates in Certificates of Proprietary Interest, par value (in Dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.03 | USD | Point-in-time |
| Sub-share Certificates in Certificates of Proprietary Interest, par value (in Dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.03 | USD | Point-in-time |
| Sub-share Certificates in Certificates of Proprietary Interest, outstanding (in Shares) |
CommonStockSharesOutstanding
|
9.07M | shares | Point-in-time |
| Sub-share Certificates in Certificates of Proprietary Interest, outstanding (in Shares) |
CommonStockSharesOutstanding
|
9.18M | shares | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$914.08K | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$1.08M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$3.20M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$1.38M | USD | Point-in-time |
| Other taxes payable |
TaxesPayableCurrentAndNoncurrent
|
$127.06K | USD | Point-in-time |
| Other taxes payable |
TaxesPayableCurrentAndNoncurrent
|
$97.71K | USD | Point-in-time |
| Unearned revenue |
DeferredRevenueCurrent
|
$834.12K | USD | Point-in-time |
| Unearned revenue |
DeferredRevenueCurrent
|
$866.49K | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesNoncurrent
|
$2.85M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesNoncurrent
|
$2.95M | USD | Point-in-time |
| Pension plan liability |
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
$539.97K | USD | Point-in-time |
| Pension plan liability |
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
$561.65K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$8.53M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$6.89M | USD | Point-in-time |
| Certificates of Proprietary Interest, par value $100 each; outstanding 0 Certificates |
PreferredStockValue
|
- | USD | Point-in-time |
| Certificates of Proprietary Interest, par value $100 each; outstanding 0 Certificates |
PreferredStockValue
|
- | USD | Point-in-time |
| Sub-share Certificates in Certificates of Proprietary Interest, par value $.03 1/3 each; outstanding: 9,065,994 Sub-shares in 2012 and 9,175,414 Sub-shares in 2011 |
CommonStockValue
|
- | USD | Point-in-time |
| Sub-share Certificates in Certificates of Proprietary Interest, par value $.03 1/3 each; outstanding: 9,065,994 Sub-shares in 2012 and 9,175,414 Sub-shares in 2011 |
CommonStockValue
|
- | USD | Point-in-time |
| Other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-822.95K | USD | Point-in-time |
| Other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-834.31K | USD | Point-in-time |
| Net proceeds from all sources |
RetainedEarningsUnappropriated
|
$20.40M | USD | Point-in-time |
| Net proceeds from all sources |
RetainedEarningsUnappropriated
|
$21.38M | USD | Point-in-time |
| Total capital |
StockholdersEquity
|
$20.55M | USD | Point-in-time |
| Total capital |
StockholdersEquity
|
$19.58M | USD | Point-in-time |
| LiabilitiesAndStockholdersEquity |
LiabilitiesAndStockholdersEquity
|
$28.11M | USD | Point-in-time |
| LiabilitiesAndStockholdersEquity |
LiabilitiesAndStockholdersEquity
|
$27.43M | USD | Point-in-time |
Income Statement
34 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Rentals, royalties and sundry income |
RoyaltyRevenue
|
$5.83M | USD | 1 Quarter |
| Rentals, royalties and sundry income |
RoyaltyRevenue
|
$4.96M | USD | 1 Quarter |
| Land sales |
LandSales
|
$511.50K | USD | 1 Quarter |
| Land sales |
LandSales
|
$3.57M | USD | 1 Quarter |
| Interest income from notes receivable |
InterestAndFeeIncomeOtherLoans
|
$249.01K | USD | 1 Quarter |
| Interest income from notes receivable |
InterestAndFeeIncomeOtherLoans
|
$182.36K | USD | 1 Quarter |
| Revenues |
Revenues
|
$5.72M | USD | 1 Quarter |
| Revenues |
Revenues
|
$9.57M | USD | 1 Quarter |
| Taxes, other than income taxes |
TaxesExcludingIncomeAndExciseTaxes
|
$229.46K | USD | 1 Quarter |
| Taxes, other than income taxes |
TaxesExcludingIncomeAndExciseTaxes
|
$243.62K | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$558.18K | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$605.16K | USD | 1 Quarter |
| CostsAndExpenses |
CostsAndExpenses
|
$801.79K | USD | 1 Quarter |
| CostsAndExpenses |
CostsAndExpenses
|
$834.62K | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$4.88M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$8.77M | USD | 1 Quarter |
| Interest income earned from investments |
InvestmentIncomeInterest
|
$5.20K | USD | 1 Quarter |
| Interest income earned from investments |
InvestmentIncomeInterest
|
$4.34K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$8.78M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$4.89M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$1.53M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$2.84M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.36M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$5.94M | USD | 1 Quarter |
| Other comprehensive income periodic pension costs, net of income taxes of $6,117 and $5,247, respectively |
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlanNetTransitionAssetObligationRecognizedInNetPeriodicBenefitCostNetOfTax
|
$11.36K | USD | 1 Quarter |
| Other comprehensive income periodic pension costs, net of income taxes of $6,117 and $5,247, respectively |
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlanNetTransitionAssetObligationRecognizedInNetPeriodicBenefitCostNetOfTax
|
$9.74K | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$3.37M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$5.95M | USD | 1 Quarter |
| Average number of sub-share certificates and equivalent sub-share certificates outstanding (in Shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
9.52M | shares | 1 Quarter |
| Average number of sub-share certificates and equivalent sub-share certificates outstanding (in Shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
9.12M | shares | 1 Quarter |
| Basic and dilutive earnings per sub-share certificate on net income (in Dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.65 | USD | 1 Quarter |
| Basic and dilutive earnings per sub-share certificate on net income (in Dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.35 | USD | 1 Quarter |
| Cash dividends per sub-share certificate |
PaymentsOfCapitalDistribution
|
$0.21 | USD | 1 Quarter |
| Cash dividends per sub-share certificate |
PaymentsOfCapitalDistribution
|
$0.23 | USD | 1 Quarter |
Cash Flow Statement
34 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$3.36M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$5.94M | USD | 1 Quarter |
| Deferred taxes |
IncreaseDecreaseInDeferredIncomeTaxes
|
$99.36K | USD | 1 Quarter |
| Deferred taxes |
IncreaseDecreaseInDeferredIncomeTaxes
|
$487.30K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$3.12K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$3.02K | USD | 1 Quarter |
| Accrued receivables and other assets |
IncreaseDecreaseInReceivables
|
$-196.08K | USD | 1 Quarter |
| Accrued receivables and other assets |
IncreaseDecreaseInReceivables
|
$669.12K | USD | 1 Quarter |
| Notes receivable for land sales |
IncreaseDecreaseInNotesReceivables
|
$1.43M | USD | 1 Quarter |
| Notes receivable for land sales |
IncreaseDecreaseInNotesReceivables
|
$306.22K | USD | 1 Quarter |
| Accounts payable, accrued expenses and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-70.47K | USD | 1 Quarter |
| Accounts payable, accrued expenses and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$232.52K | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$1.82M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$2.02M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$6.36M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$8.57M | USD | 1 Quarter |
| Purchase of fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$24.70K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-24.70K | USD | 1 Quarter |
| Purchase of Sub-share Certificates in Certificates of Proprietary Interest |
StockRepurchasedDuringPeriodValue
|
$-3.38M | USD | 1 Quarter |
| Purchase of Sub-share Certificates in Certificates of Proprietary Interest |
StockRepurchasedDuringPeriodValue
|
$-4.82M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$2.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$2.09M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-6.92M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-5.38M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$1.63M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$976.55K | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$13.03M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$14.66M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$7.15M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$8.13M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$13.03M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$14.66M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$7.15M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$8.13M | USD | Point-in-time |
Comprehensive Income
2 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Other comprehensive income net of income taxes of |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$5.25K | USD | 1 Quarter |
| Other comprehensive income net of income taxes of |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$6.12K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.