TEXAS PACIFIC LAND TRUST (TPL) [Rocket]

In millions, except per share items	Sep-30-20	Jun-30-20	Mar-31-20	Dec-31-19	Sep-30-19	Jun-30-19	Mar-31-19	Dec-31-18
	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K
ASSETS
Cash and cash equivalents	315.8	258.4	223.7	303.6	249.9	155.4	113.3	119.6
Accrued receivables, net	41.2	49.6	68.7	63.0	62.8	68.0	65.7	48.8
Other assets	3.9	3.2	3.7	4.0	4.8	2.8	3.4	3.9
Property, plant and equipment, net of accumulated depreciation of $21,619 and $11,313 as of September 30, 2020 and December 31, 2019, respectively	82.3	85.5	88.7	88.3	87.1	84.8	72.8	64.8
Real estate acquired	109.7	108.3	111.0	107.1	84.9	84.9	57.7	10.5
Royalty interests acquired, net of accumulated depletion of $582 and $260 as of September 30, 2020 and December 31, 2019, respectively	45.7
Operating lease right-of-use assets	2.6	2.8	2.9	3.1	6.6	3.3	2.8

Real estate and royalty interests assigned through the 1888 Declaration of Trust, no value assigned:
Total assets	601.2	553.6	544.6	598.2	522.0	463.6	404.9	285.1

LIABILITIES AND CAPITAL
Accounts payable and accrued expenses	15.8	15.4	21.1	19.2	19.6	22.9	9.7	10.5
Income taxes payable	2.7	2.0	14.7	5.3	4.4	7.3	6.8	1.6
Deferred taxes payable	40.7	40.1	40.8	40.8	35.0	30.2	35.9	14.9
Unearned revenue	19.7	20.0	19.4	17.4	16.2	16.3	15.8	13.4
Operating lease liabilities	3.0	3.1	3.3	3.4	3.5	3.5	3.0
Total liabilities	82.0	80.7	99.3	86.0	78.6	80.2	71.1	40.4

Capital:
Accumulated other comprehensive loss	-1.4	-1.4	-1.4	-1.5	-1.1	-1.1	-1.1	-1.1
Net proceeds from all sources	520.6	474.4	446.8	513.6	444.5	384.5	334.9	245.8
Total capital	519.2	472.9	445.3	512.1	443.4	383.4	333.8	244.7
Total liabilities and capital	601.2	553.6	544.6	598.2	522.0	463.6	404.9	285.1