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Subsequent Events

9 Months Ended

Sep. 30, 2013

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

Royalty Trust Distributions. On October 24, 2013, the Royalty Trusts announced quarterly distributions for the three-month period ended September 30, 2013. 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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The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

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