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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 249,933 $ 1,115,060
Less non-cash expenses included in net income:    
Depreciation expense 1,750 2,027
Depletion expense 611 1,858
Gain on sale of land (80,876) (881,654)
Unrealized gain on equity investment in mutual funds (240)
Changes in operating assets and liabilities:    
Increase (decrease) in current assets 12,937 7,968
Increase (decrease) in current liabilities 10,596 (3,697)
Net cash provided by operating activities 194,711 241,562
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of certificates of deposit (2,456,000) (3,145,000)
Proceeds from maturity of certificates of deposit 3,854,000 2,662,890
Purchases of mutual funds (255,578) (244,825)
Costs of reforesting timber (26,815) (55,438)
Proceeds from the sale of fixed assets 109,235 982,242
Net cash provided by investing activities 1,224,842 199,869
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends paid 0 (233,099)
Net cash used in financing activities (233,099)
NET INCREASE IN CASH AND RESTRICTED CASH 1,419,553 208,332
Cash and restricted cash, beginning of the period 1,860,736 1,652,404
Cash and restricted cash, end of the period 3,280,289 1,860,736
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for interest
Cash paid for income taxes $ 67,107 $ 355,387