XML 25 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash Flows From Operating Activities:    
Net Income $ 753,683 $ 1,387,574
Less non-cash (income) expenses included in net income:    
Depreciation, depletion and amortization 16,507 8,507
Deferred income tax expense   (2,828)
Less non-operating activities:    
Gain from sale of land and other assets   (124,000)
Change in operating assets and liabilities:    
(Increase) decrease in current assets (45,449) (94,748)
Increase (decrease) in current liabilities 42,968 (47,519)
Net cash provided from operating activities 767,709 1,126,986
Certificates of deposit:    
Maturity proceeds 741,384 495,625
Purchases (2,421,000) (261,384)
Land, timber, equipment and other assets:    
Sales proceeds   159,000
Purchases (2,499) (136,221)
Net cash provided from (used in) investing activities (1,682,115) 257,020
Cash Flows From Financing Activities:    
Dividends paid, net of reversion (407,924) (399,811)
Net cash used in financing activities (407,924) (399,811)
Net increase (decrease) in cash and cash equivalents (1,322,330) 984,195
Cash and cash equivalents:    
Beginning 5,832,167 4,124,908
Ending 4,509,837 5,109,103
Cash payments for:    
Income taxes $ 328,305 $ 781,641