XML 18 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash Flows From Operating Activities:    
Net Income $ 521,868 $ 459,992
Less non-cash (income) expenses included in net income:    
Depreciation, depletion and amortization 15,484 14,834
Change in operating assets and liabilities:    
Decrease (increase) in current assets (43,975) 46,485
Increase (decrease) in current liabilities (13,443) 17,741
Net cash provided from operating activities 479,934 539,052
Certificates of deposit:    
Maturity proceeds 1,941,000 501,384
Purchases (1,910,000) (1,501,000)
Land, timber, equipment and other assets:    
Purchases (417,280) (2,499)
Net cash used in investing activities (386,280) (1,002,115)
Cash Flows From Financing Activities:    
Dividends paid, net of reversion (271,949) (271,949)
Net cash used in financing activities (271,949) (271,949)
Net increase (decrease) in cash and cash equivalents (178,295) (735,012)
Cash and cash equivalents:    
Beginning 4,529,051 5,832,167
Ending 4,350,756 5,097,155
Cash payments for:    
Income taxes $ 276,000 $ 208,545