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Subsequent Events (Tables) (Royalty Trusts) | 9 Months Ended
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Sep. 30, 2013
Subsequent Event |
Royalty Trust Distributions | The Royalty Trusts declared and paid quarterly distributions during the three and nine-month periods ended September 30, 2013 and 2012 as follows (in thousands):
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2013(1) |  | 2012 |  | 2013(1) |  | 2012(2)
Total distributions |  | $ | 81,594 |  |  | $ | 75,246 |  |  | $ | 226,404 |  |  | $ | 193,262 |
Distributions to third-party unitholders |  | $ | 54,287 |  |  | $ | 50,222 |  |  | $ | 153,002 |  |  | $ | 127,023 |
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(1) | Subordination thresholds were not met for the Mississippian Trust I’s second and third quarter 2013 distributions and for the Permian Trust’s second quarter 2013 distribution, resulting in reduced distributions to the Company on its subordinated units for these periods.
(2) | The Company received incentive distributions from the Mississippian Trust I during the nine-month period ended September 30, 2012.
Subsequent Event |
Subsequent Event |
Royalty Trust Distributions | The following distributions are expected to be paid on November 29, 2013 to holders of record as of the close of business on November 14, 2013 (in thousands):
Royalty Trust |  | Total Distribution |  | Amount to be Distributed to Third-Party Unitholders
Mississippian Trust I |  | $ | 12,660 |  |  | $ | 12,342 |
Permian Trust |  | 34,223 |  |  | 24,483 |
Mississippian Trust II |  | 26,377 |  |  | 16,643 |
Total |  | $ | 73,260 |  |  | $ | 53,468 |

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