Statements of Income (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Revenues:
Oil and gas	$ 488,991	$ 904,642
Agriculture	32,815	25,533
Timber	13,759	4,935
Total revenues	535,565	935,110
Costs and Expenses:
Oil and gas production	35,897	65,040
Agriculture	127	807
Timber	12,377	8,169
General and administrative	137,422	101,476
Depreciation and depletion	7,959	2,116
Total cost and expenses	193,782	177,608
Income from operations	341,783	757,502
Other Income / (Expense):
Interest income	5,433	538
Gain on sale of land and other assets		124,000
Net other income / (expense)	5,433	124,538
Income before income taxes	347,216	882,040
Federal and State Income Taxes:
Current	103,675	230,299
Deferred		39,969
Total income taxes	103,675	270,268
Net Income	$ 243,541	$ 611,772
Per Common Stock (1,942,495 shares):
Net Income (in Dollars per share)	$ 0.13	$ 0.32
Dividends (in Dollars per share)	$ 0.07	$ 0.07