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Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 1,074,464 $ 309,398
Less non-cash expenses included in net income:    
Depreciation, depletion and amortization expense 15,413 701
Deferred income tax expense 11,093
Gain on sale of land (881,654) (31,452)
Changes in operating assets and liabilities:    
Increase in current assets (67,375) (116,782)
Increase in current liabilities (42,759) 103,887
Net cash provided by operating activities 98,089 276,845
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of certificates of deposit (3,145,000) (2,412,890)
Proceeds from maturity of certificates of deposit 2,662,890 2,410,000
Purchases of fixed assets (39,317) (93,901)
Proceeds from the sale of fixed assets 996,494 35,474
Net cash provided by (used in) investing activities 475,067 (61,317)
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends paid (233,099) (194,250)
Net cash used in financing activities (233,099) (194,250)
NET INCREASE IN CASH AND RESTRICTED CASH 340,057 21,278
Cash and restricted cash, beginning of the period 1,652,404 1,081,188
Cash and restricted cash, end of the period 1,992,461 1,102,466
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for interest
Cash paid for income taxes $ 355,387 $ 99,240