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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities:    
Net income $ 170,674 $ 463,028
Adjustments to reconcile net income to net cash used in operating activities:    
Gain on sale of land (172,352)
Timber depletion 1,751 2,872
Depreciation 467
Deferred income tax expense 6,152 68,341
Change in operating assets and liabilities:    
Decrease in current assets 23,708 86,920
Increase (decrease) in current liabilities 78,055 (6,835)
Net cash provided from operating activities 280,807 441,974
Cash Flows from Investing Activities:    
Maturity proceeds 3,564,000 3,084,000
Purchase (3,130,000) (5,688,000)
Proceeds 185,623
Purchases and improvements (1,865,499) (265,982)
Purchases (528,031) (21,535)
Purchases (14,020)
Net cash used in investing activities (1,973,550) (2,705,894)
Cash Flows from Financing Activities:    
Dividends paid (194,250)
Dividends reversion 6,507
Net cash provided from (used in) financing activities 6,507 (194,250)
Net decrease in cash and cash equivalents (1,686,236) (2,458,170)
Cash and Cash Equivalents:    
Beginning 2,767,424 5,225,594
Ending 1,081,188 2,767,424
Supplemental Disclosures of Cash Flow Information    
Interest
Income taxes 12,420 134,576
Noncash investing and financing activities:    
Reclassification of treasury stock under the LBCA. $ 375,516