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Note 3 - Segment Information
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12 Months Ended |
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Dec. 31, 2012
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| Segment Reporting Disclosure [Text Block] |
(3)ÌýÌýÌýÌýÌý
Segment
Information
Segment
information has been considered in accordance with applicable
accounting standards. GAAP suggests using a management
approach based on the way that management organizes the
segments within the enterprise for making operating decisions
and assessing performance. The Trust’s management views
its operations as one segment and believes the only
significant activity is managing the land, which was conveyed
to the Trust in 1888. Managing the land includes sales and
leases of such land, and the retention of oil and gas
royalties.  The cost structure of the Trust is
centralized and not segmented.
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- Definition
The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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