Statements of Income (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenues:
Oil and gas	$ 521,256	$ 676,782	$ 1,368,261	$ 2,102,106
Surface	33,561	17,379	122,988	327,422
Timber	27,584	32,499	82,724	37,504
Total revenues	582,401	726,660	1,573,973	2,467,032
Costs and Expenses:
Oil and gas production	33,339	60,672	85,856	183,651
Agriculture	648	2,098	1,470	3,952
Timber	7,537	13,717	23,486	27,943
General and administrative	122,679	127,101	378,090	344,070
Depreciation and depletion	1,671	4,777	16,507	8,507
Total cost and expenses	165,874	208,365	505,409	568,123
Income from operations	416,527	518,295	1,068,564	1,898,909
Other Income / (Expense):
Interest income	4,901	4,712	12,915	10,010
Gain on sale of land and other assets				124,000
Net other income / (expense)	4,901	4,712	12,915	134,010
Income before income taxes	421,428	523,007	1,081,479	2,032,919
Federal and State Income Taxes:
Current	127,737	162,848	327,796	648,173
Deferred		3,003		(2,828)
Total income taxes	127,737	165,851	327,796	645,345
Net income	$ 293,691	$ 357,156	$ 753,683	$ 1,387,574
Per Common Stock (1,942,495 shares):
Net Income (in Dollars per share)	$ 0.15	$ 0.18	$ 0.39	$ 0.71
Dividends (in Dollars per share)	$ 0.07	$ 0.07	$ 0.21	$ 0.21