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Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:    
Net income $ 969,771 $ 2,236,597
Less non-cash (income) expenses included in net income:    
Depreciation and depletion 101,842 15,814
Deferred income tax expense   (2,753)
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 71,574 (39,932)
Increase (decrease) in current liabilities 35,314 (99,701)
Net cash provided from operating activities 1,178,501 1,986,025
Certificate of deposits:    
Maturity proceeds 1,476,384 495,625
Purchase (3,156,000) (261,384)
Timber:    
Purchases (161,004) (98,174)
Land:    
Proceeds   159,000
Purchases and improvements (97,098) (38,047)
Net cash provided from (used in) investing activities (1,937,718) 257,020
Cash flows from financing activities:    
Dividends paid (543,899) (543,899)
Dividend reversions   8,113
Net cash used in financing activities (543,899) (535,786)
Net increase (decrease) in cash and cash equivalents (1,303,116) 1,707,259
Cash and cash equivalents:    
Beginning 5,832,167 4,124,908
Ending 4,529,051 5,832,167
Cash payments for:    
Income taxes $ 378,304 $ 1,241,641