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Subsequent Events (Tables) (Royalty Trusts)
9 Months Ended
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


____________________
(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