Statements of Income (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Revenues:
Oil and gas	$ 355,880	$ 521,256	$ 1,213,317	$ 1,368,261
Timber	475,999	27,584	491,088	82,724
Surface	206,315	33,561	421,834	122,988
Total revenues	1,038,194	582,401	2,126,239	1,573,973
Costs and Expenses:
Oil and gas production	27,002	33,339	77,103	85,856
Timber	14,716	7,537	15,586	23,486
Agriculture	486	648	1,279	1,470
General and administrative	131,174	122,679	399,121	378,090
Depreciation and depletion	31,481	1,671	46,966	16,507
Total cost and expenses	204,859	165,874	540,055	505,409
Income from operations	833,335	416,527	1,586,184	1,068,564
Other Income (Expense):
Interest income	4,379	4,901	12,212	12,915
Net other income (expense)	4,379	4,901	12,212	12,915
Income before income taxes	837,714	421,428	1,598,396	1,081,479
Federal and State Income Taxes:
Current	252,497	127,737	491,310	327,796
Deferred	42,609		42,609
Total income taxes	295,106	127,737	533,919	327,796
Net income	$ 542,608	$ 293,691	$ 1,064,477	$ 753,683
Per Common Stock (1,942,495 shares):
Net income (in dollars per share)	$ 0.28	$ 0.15	$ 0.55	$ 0.39
Dividends (in dollars per share)	$ 0.07	$ 0.07	$ 0.21	$ 0.21