Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Revenues:
Total revenue	$ 180,391	$ 153,475
Costs, expenses and (gains):
General and administrative expense	143,121	120,035
Depreciation expense	234	507
Gain on sale of land	(33,107)	(75,926)
Total costs, expenses and (gains)	124,436	64,115
Income from operations	55,955	89,360
Interest income	17,875	26,524
Income before income taxes	73,830	115,884
Federal and state income tax expense:
Current	15,448	10,163
Deferred
Total income taxes	15,448	10,163
Net income	58,382	105,721
Dividends paid
Net income available to common shareholders	$ 58,382	$ 105,721
Per common stock, basic and diluted
Net income (in dollars per share)	$ 0.03	$ 0.05
Dividends (in dollars per share)
Weighted average shares outstanding, basic and diluted (in shares)	1,942,495	1,942,495
Oil and Gas [Member]
Revenues:
Revenues from customers	$ 115,050	$ 94,228
Costs, expenses and (gains):
Cost of goods and services sold	11,737	14,524
Timber [Member]
Revenues:
Revenues from customers	7,888	14,481
Costs, expenses and (gains):
Cost of goods and services sold	2,451	4,397
Surface Leases, Unrelated Parties [Member]
Revenues:
Revenues, leases	47,870	35,183
Surface Leases, Related Parties [Member]
Revenues:
Revenues, leases	9,583	9,583
Surface Leases [Member]
Costs, expenses and (gains):
Cost of goods and services sold		$ 578