10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-14-008149 |
| Period End Date | 20140331 |
| Filing Date | 20140507 |
| Fiscal Year | 2014 |
| Fiscal Period | Q1 |
| XBRL Instance | tpl-20140331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Acres |
LandInAcres
|
10,125.00 | acre | Point-in-time |
| Acres |
LandInAcres
|
10,125.00 | acre | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$8.42M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$9.94M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$13.24M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$18.27M | USD | Point-in-time |
| Number of lots |
NumberOfLots
|
310.00 | pure | Point-in-time |
| Number of lots |
NumberOfLots
|
310.00 | pure | Point-in-time |
| Accrued receivables |
OtherReceivables
|
$4.67M | USD | Point-in-time |
| Accrued receivables |
OtherReceivables
|
$3.73M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$298.11K | USD | Point-in-time |
| Other assets |
OtherAssets
|
$308.34K | 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
|
$3.89M | USD | Point-in-time |
| Notes receivable for land sales |
NotesAndLoansReceivableNetNoncurrent
|
$3.52M | USD | Point-in-time |
| Water wells, vehicles, furniture, and equipment - at cost less accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$81.13K | USD | Point-in-time |
| Water wells, vehicles, furniture, and equipment - at cost less accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$76.26K | 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 |
| Sub-share Certificates of Proprietary Interest, par value (in Dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.03 | USD | Point-in-time |
| Sub-share Certificates of Proprietary Interest, par value (in Dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.03 | USD | Point-in-time |
| Sub-share Certificates of Proprietary Interest, outstanding (in Shares) |
CommonStockSharesOutstanding
|
8.47M | shares | Point-in-time |
| Sub-share Certificates of Proprietary Interest, outstanding (in Shares) |
CommonStockSharesOutstanding
|
8.45M | shares | Point-in-time |
| Assets |
Assets
|
$22.36M | USD | Point-in-time |
| Assets |
Assets
|
$27.97M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$703.42K | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$862.36K | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$3.86M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$354.69K | USD | Point-in-time |
| Other taxes payable |
TaxesPayableCurrentAndNoncurrent
|
$221.90K | USD | Point-in-time |
| Other taxes payable |
TaxesPayableCurrentAndNoncurrent
|
$158.78K | USD | Point-in-time |
| Unearned revenue |
DeferredRevenueCurrent
|
$1.50M | USD | Point-in-time |
| Unearned revenue |
DeferredRevenueCurrent
|
$1.38M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesNoncurrent
|
$1.67M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesNoncurrent
|
$1.55M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$4.43M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$7.84M | 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: 8,445,559 Sub-shares in 2014 and 8,473,202 Sub-shares in 2013 |
CommonStockValue
|
- | USD | Point-in-time |
| Sub-share Certificates in Certificates of Proprietary Interest, par value $.03 1/3 each; outstanding: 8,445,559 Sub-shares in 2014 and 8,473,202 Sub-shares in 2013 |
CommonStockValue
|
- | USD | Point-in-time |
| Other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-613.60K | USD | Point-in-time |
| Other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-622.01K | USD | Point-in-time |
| Net proceeds from all sources |
RetainedEarningsUnappropriated
|
$18.55M | USD | Point-in-time |
| Net proceeds from all sources |
RetainedEarningsUnappropriated
|
$20.74M | USD | Point-in-time |
| Total capital |
StockholdersEquity
|
$17.93M | USD | Point-in-time |
| Total capital |
StockholdersEquity
|
$20.13M | USD | Point-in-time |
| LiabilitiesAndStockholdersEquity |
LiabilitiesAndStockholdersEquity
|
$27.97M | USD | Point-in-time |
| LiabilitiesAndStockholdersEquity |
LiabilitiesAndStockholdersEquity
|
$22.36M | USD | Point-in-time |
Income Statement
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Rentals, royalties and sundry income |
RoyaltyRevenue
|
$11.51M | USD | 1 Quarter |
| Rentals, royalties and sundry income |
RoyaltyRevenue
|
$6.46M | USD | 1 Quarter |
| Land sales |
LandSales
|
$113.00K | USD | 1 Quarter |
| Interest income from notes receivable |
InterestAndFeeIncomeOtherLoans
|
$65.80K | USD | 1 Quarter |
| Interest income from notes receivable |
InterestAndFeeIncomeOtherLoans
|
$147.28K | USD | 1 Quarter |
| Revenues |
Revenues
|
$6.72M | USD | 1 Quarter |
| Revenues |
Revenues
|
$11.58M | USD | 1 Quarter |
| Taxes, other than income taxes |
TaxesExcludingIncomeAndExciseTaxes
|
$241.59K | USD | 1 Quarter |
| Taxes, other than income taxes |
TaxesExcludingIncomeAndExciseTaxes
|
$426.68K | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$641.56K | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$515.73K | USD | 1 Quarter |
| CostsAndExpenses |
CostsAndExpenses
|
$942.40K | USD | 1 Quarter |
| CostsAndExpenses |
CostsAndExpenses
|
$883.14K | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$10.64M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$5.84M | USD | 1 Quarter |
| Interest income earned from investments |
InvestmentIncomeInterest
|
$3.34K | USD | 1 Quarter |
| Interest income earned from investments |
InvestmentIncomeInterest
|
$3.07K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$5.84M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$10.64M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$1.71M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$3.39M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$7.25M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$4.14M | USD | 1 Quarter |
| Other comprehensive income periodic pension costs, net of income taxes of $4,527 and $9,773, respectively |
OtherComprehensiveIncomeLossNetOfTax
|
$18.15K | USD | 1 Quarter |
| Other comprehensive income periodic pension costs, net of income taxes of $4,527 and $9,773, respectively |
OtherComprehensiveIncomeLossNetOfTax
|
$8.41K | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$7.26M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$4.16M | USD | 1 Quarter |
| Average number of sub-share certificates and equivalent sub-share certificates outstanding (in Shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
8.76M | shares | 1 Quarter |
| Average number of sub-share certificates and equivalent sub-share certificates outstanding (in Shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
8.45M | shares | 1 Quarter |
| Basic and dilutive earnings per sub-share certificate on net income (in Dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.47 | USD | 1 Quarter |
| Basic and dilutive earnings per sub-share certificate on net income (in Dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.86 | USD | 1 Quarter |
| Cash dividends per sub-share certificate |
PaymentsOfCapitalDistribution
|
$0.27 | USD | 1 Quarter |
Cash Flow Statement
34 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$7.25M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$4.14M | USD | 1 Quarter |
| Deferred taxes |
IncreaseDecreaseInDeferredIncomeTaxes
|
$125.47K | USD | 1 Quarter |
| Deferred taxes |
IncreaseDecreaseInDeferredIncomeTaxes
|
$104.74K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$5.66K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$4.09K | USD | 1 Quarter |
| Accrued receivables and other assets |
IncreaseDecreaseInReceivables
|
$951.20K | USD | 1 Quarter |
| Accrued receivables and other assets |
IncreaseDecreaseInReceivables
|
$497.86K | USD | 1 Quarter |
| Prepaid income taxes |
IncreaseDecreaseInPrepaidTaxes
|
$-416.88K | USD | 1 Quarter |
| Notes receivable for land sales |
IncreaseDecreaseInNotesReceivables
|
$-366.72K | USD | 1 Quarter |
| Notes receivable for land sales |
IncreaseDecreaseInNotesReceivables
|
$-332.36K | USD | 1 Quarter |
| Accounts payable, accrued expenses and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$34.30K | USD | 1 Quarter |
| Accounts payable, accrued expenses and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-296.43K | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$1.40M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$3.51M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$5.40M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$10.09M | USD | 1 Quarter |
| Purchase of fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$787.00 | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-787.00 | USD | 1 Quarter |
| Purchase of Sub-share Certificates in Certificates of Proprietary Interest |
PaymentsOfDividends
|
$3.88M | USD | 1 Quarter |
| Purchase of Sub-share Certificates in Certificates of Proprietary Interest |
PaymentsOfDividends
|
$2.78M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$2.28M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-3.88M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-5.06M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$5.03M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$1.52M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$8.42M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$9.94M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$13.24M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$18.27M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$8.42M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$9.94M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$13.24M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$18.27M | USD | Point-in-time |
Comprehensive Income
2 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net of income taxes |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$4.53K | USD | 1 Quarter |
| Net of income taxes |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$9.77K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.