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Annual report pursuant to Section 13 and 15(d)

Note 3 - Segment Information

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Note 3 - Segment Information
12 Months Ended
Dec. 31, 2011
Segment Reporting Disclosure [Text Block]
(3)听听听听听听 Segment Information

Segment information has been considered in accordance with the 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鈥檚 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.聽聽The cost structure of the Trust is centralized and not segmented.