10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-15-009077 |
| Period End Date | 20150331 |
| Filing Date | 20150506 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | tpl-20150331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$49.60M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$13.24M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$26.81M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$18.27M | USD | Point-in-time |
| Land (surface rights) |
SurfaceRightsInAcres
|
878,897.00 | acre | Point-in-time |
| Accrued receivables |
OtherReceivables
|
$3.30M | USD | Point-in-time |
| Accrued receivables |
OtherReceivables
|
$3.22M | USD | Point-in-time |
| Land (surface rights) |
SurfaceRightsInAcres
|
899,149.00 | acre | Point-in-time |
| Other assets |
OtherAssets
|
$136.86K | USD | Point-in-time |
| Other assets |
OtherAssets
|
$114.49K | USD | Point-in-time |
| Certificates of Proprietary Interest, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$100.00 | USD | Point-in-time |
| Prepaid income taxes |
PrepaidTaxes
|
$815.94K | USD | Point-in-time |
| Certificates of Proprietary Interest, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$100.00 | USD | Point-in-time |
| Prepaid income taxes |
PrepaidTaxes
|
- | USD | Point-in-time |
| Notes receivable for land sales |
NotesAndLoansReceivableNetNoncurrent
|
$923.12K | USD | Point-in-time |
| Certificates of Proprietary Interest, outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Notes receivable for land sales |
NotesAndLoansReceivableNetNoncurrent
|
$904.23K | USD | Point-in-time |
| Certificates of Proprietary Interest, outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | 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 |
| Water wells, vehicles, furniture, and equipment - at cost less accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$89.11K | USD | Point-in-time |
| Water wells, vehicles, furniture, and equipment - at cost less accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$98.61K | USD | Point-in-time |
| Sub-share Certificates in Certificates of Proprietary Interest, outstanding (in shares) |
CommonStockSharesOutstanding
|
8.32M | shares | Point-in-time |
| Sub-share Certificates in Certificates of Proprietary Interest, outstanding (in shares) |
CommonStockSharesOutstanding
|
8.27M | shares | Point-in-time |
| Land (surface rights) situated in eighteen counties in Texas 878,897 acres in 2015 and 899,149 acres in 2014 |
Land
|
- | USD | Point-in-time |
| Land (surface rights) situated in eighteen counties in Texas 878,897 acres in 2015 and 899,149 acres in 2014 |
Land
|
- | USD | Point-in-time |
| Total Assets |
Assets
|
$55.15M | USD | Point-in-time |
| Total Assets |
Assets
|
$33.10M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$828.67K | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$816.97K | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$11.19M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$406.94K | USD | Point-in-time |
| Other taxes payable |
TaxesPayableCurrentAndNoncurrent
|
$190.62K | USD | Point-in-time |
| Other taxes payable |
TaxesPayableCurrentAndNoncurrent
|
$159.30K | USD | Point-in-time |
| Unearned revenue |
DeferredRevenueCurrent
|
$3.94M | USD | Point-in-time |
| Unearned revenue |
DeferredRevenueCurrent
|
$2.06M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesNoncurrent
|
$293.14K | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesNoncurrent
|
$299.41K | USD | Point-in-time |
| Pension plan liability |
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
$754.26K | USD | Point-in-time |
| Pension plan liability |
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
$757.04K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$6.38M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$15.31M | 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: 8,269,807 Sub-shares in 2015 and 8,322,399 Sub-shares in 2014 |
CommonStockValue
|
- | USD | Point-in-time |
| Sub-share Certificates in Certificates of Proprietary Interest, par value $.03 1/3 each; outstanding: 8,269,807 Sub-shares in 2015 and 8,322,399 Sub-shares in 2014 |
CommonStockValue
|
- | USD | Point-in-time |
| Other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.35M | USD | Point-in-time |
| Other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.33M | USD | Point-in-time |
| Net proceeds from all sources |
RetainedEarningsUnappropriated
|
$28.07M | USD | Point-in-time |
| Net proceeds from all sources |
RetainedEarningsUnappropriated
|
$41.18M | USD | Point-in-time |
| Total capital |
StockholdersEquity
|
$26.72M | USD | Point-in-time |
| Total capital |
StockholdersEquity
|
$39.85M | USD | Point-in-time |
| LiabilitiesAndStockholdersEquity |
LiabilitiesAndStockholdersEquity
|
$55.15M | USD | Point-in-time |
| LiabilitiesAndStockholdersEquity |
LiabilitiesAndStockholdersEquity
|
$33.10M | USD | Point-in-time |
Income Statement
33 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Rentals, royalties and sundry income |
RoyaltyRevenue
|
$14.45M | USD | 1 Quarter |
| Rentals, royalties and sundry income |
RoyaltyRevenue
|
$11.51M | USD | 1 Quarter |
| Land sales |
LandSales
|
$20.27M | USD | 1 Quarter |
| Interest income from notes receivable |
InterestAndFeeIncomeOtherLoans
|
$65.80K | USD | 1 Quarter |
| Interest income from notes receivable |
InterestAndFeeIncomeOtherLoans
|
$16.43K | USD | 1 Quarter |
| Revenues |
Revenues
|
$11.58M | USD | 1 Quarter |
| Revenues |
Revenues
|
$34.73M | USD | 1 Quarter |
| Taxes, other than income taxes |
TaxesExcludingIncomeAndExciseTaxes
|
$426.68K | USD | 1 Quarter |
| Taxes, other than income taxes |
TaxesExcludingIncomeAndExciseTaxes
|
$376.28K | USD | 1 Quarter |
| General and administrative expenses |
CurrentIncomeTaxExpenseBenefit
|
$515.73K | USD | 1 Quarter |
| General and administrative expenses |
CurrentIncomeTaxExpenseBenefit
|
$607.46K | USD | 1 Quarter |
| CostsAndExpenses |
CostsAndExpenses
|
$983.74K | USD | 1 Quarter |
| CostsAndExpenses |
CostsAndExpenses
|
$942.40K | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$33.75M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$10.64M | USD | 1 Quarter |
| Interest income earned from investments |
InvestmentIncomeInterest
|
$3.34K | USD | 1 Quarter |
| Interest income earned from investments |
InvestmentIncomeInterest
|
$6.69K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$33.76M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$10.64M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$11.59M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$3.39M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$22.17M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$7.25M | USD | 1 Quarter |
| Other comprehensive income periodic pension costs, net of income taxes of $12,909 and $4,527, respectively |
OtherComprehensiveIncomeLossNetOfTax
|
$23.98K | USD | 1 Quarter |
| Other comprehensive income periodic pension costs, net of income taxes of $12,909 and $4,527, respectively |
OtherComprehensiveIncomeLossNetOfTax
|
$8.41K | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$7.26M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$22.19M | USD | 1 Quarter |
| Average number of sub-share certificates and equivalent sub-share certificates outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
8.45M | shares | 1 Quarter |
| Average number of sub-share certificates and equivalent sub-share certificates outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
8.30M | shares | 1 Quarter |
| Basic and dilutive earnings per sub-share certificate on net income (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.86 | USD | 1 Quarter |
| Basic and dilutive earnings per sub-share certificate on net income (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$2.67 | USD | 1 Quarter |
| Cash dividends per sub-share certificate |
PaymentsOfCapitalDistribution
|
$0.29 | USD | 1 Quarter |
| Cash dividends per sub-share certificate |
PaymentsOfCapitalDistribution
|
$0.27 | USD | 1 Quarter |
Cash Flow Statement
39 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$22.17M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$7.25M | USD | 1 Quarter |
| Deferred taxes |
IncreaseDecreaseInDeferredIncomeTaxes
|
$-6.27K | USD | 1 Quarter |
| Deferred taxes |
IncreaseDecreaseInDeferredIncomeTaxes
|
$125.47K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$4.80K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$5.66K | USD | 1 Quarter |
| Gain on disposal of fixed assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$712.00 | USD | 1 Quarter |
| Accrued receivables and other assets |
IncreaseDecreaseInReceivables
|
$89.40K | USD | 1 Quarter |
| Accrued receivables and other assets |
IncreaseDecreaseInReceivables
|
$951.20K | USD | 1 Quarter |
| Prepaid income taxes |
IncreaseDecreaseInPrepaidTaxes
|
$-815.94K | USD | 1 Quarter |
| Notes receivable for land sales |
IncreaseDecreaseInNotesReceivables
|
$-366.72K | USD | 1 Quarter |
| Notes receivable for land sales |
IncreaseDecreaseInNotesReceivables
|
$-18.88K | USD | 1 Quarter |
| Accounts payable, accrued expenses and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-1.84M | USD | 1 Quarter |
| Accounts payable, accrued expenses and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$34.30K | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$3.51M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$10.78M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$10.09M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$31.86M | USD | 1 Quarter |
| Proceeds from sale of fixed assets |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$25.00K | USD | 1 Quarter |
| Purchase of fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$38.59K | USD | 1 Quarter |
| Purchase of fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$787.00 | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-787.00 | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-13.59K | USD | 1 Quarter |
| Purchase of Sub-share Certificates in Certificates of Proprietary Interest |
StockRepurchasedDuringPeriodValue
|
$-2.78M | USD | 1 Quarter |
| Purchase of Sub-share Certificates in Certificates of Proprietary Interest |
StockRepurchasedDuringPeriodValue
|
$-6.66M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$2.40M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$2.28M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-5.06M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-9.06M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$5.03M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$22.79M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$49.60M | 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
|
$26.81M | 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
|
$49.60M | 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
|
$26.81M | 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 |
|---|---|---|---|---|
| Other comprehensive income, tax |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$12.91K | USD | 1 Quarter |
| Other comprehensive income, tax |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$4.53K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.