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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenues:    
Total revenue $ 1,521,124 $ 1,485,605
Costs, expenses and (gains):    
General and administrative expense 1,420,153 1,450,308
Depreciation expense 4,261 4,261
Gain on sale of land (85,636) (149,992)
Total costs, expenses and (gains) 1,404,132 1,363,781
(Loss) income from operations 116,992 121,824
Interest income 206,949 160,303
Miscellaneous income 13,783 74
(Loss) income before income taxes 337,724 282,201
Federal and state income tax expense (benefit):    
Current (9,877) 110,169
Deferred 97,377 29,071
Total income taxes 87,500 139,240
Net (loss) income $ 250,224 $ 142,961
Net income per share:    
Basic (in dollars per share) $ 0.12 $ 0.07
Diluted (in dollars per share) $ 0.12 $ 0.07
Weighted-average shares used in per share calculation: (in shares)    
Basic (in shares) 2,018,157 1,974,473
Diluted (in shares) 2,054,610 2,011,024
Oil and Gas [Member]    
Revenues:    
Revenue $ 417,846 $ 380,654
Costs, expenses and (gains):    
Oil and gas costs 46,436 41,677
Timber [Member]    
Revenues:    
Revenue 22,225 154,147
Costs, expenses and (gains):    
Oil and gas costs 18,385 12,601
Surface Leases, Unrelated Parties [Member]    
Revenues:    
Surface revenue 1,081,053 950,804
Surface Leases [Member]    
Costs, expenses and (gains):    
Oil and gas costs $ 533 $ 4,926