Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Income tax provision (benefit) consists of the following:

	Year Ended December 31,
	2012		2011			2010
Federal income taxes:
Current	$	69,700	$	174,403		$	92,000
Deferred		122,850		(70,350	)		(211,700	)
		192,550		104,053			(119,700	)
State income taxes:
Current		12,221		28,800			17,100
Deferred		35,050		(20,150	)		(60,300	)
		47,271		8,650			(43,200	)
Income tax provision (benefit)	$	239,821	$	112,703		$	(162,900	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The amounts by which these differences and other factors cause the total income tax provision to differ from an amount computed by applying the federal statutory income tax rate to financial income is set forth in the following reconciliation:

	Year Ended December 31,
	2012			2011			2010
Federal income tax expense (benefit) at statutory rate	$	351,395		$	410,686		$	28,207
Statutory depletion		(143,291	)		(320,627	)		(169,589	)
Prior period tax changes		(8,000	)		0			0
State income taxes		12,221			28,800			17,100
Other		27,496			(6,156	)		(38,618	)
Income tax provision (benefit)	$	239,821		$	112,703		$	(162,900	)

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The components of net deferred tax asset (liability) are as follows:

	Year Ended December 31,
	2012			2011			2010
Current deferred taxes:
Gross assets	$	264,400		$	262,500		$	245,100
Gross liabilities		0			0			0
		264,400			262,500			245,100
Noncurrent deferred taxes:
Gross assets		2,340,500			2,500,300			2,474,700
Gross liabilities		0			0			0
Valuation allowance		(1,718,700	)		(1,718,700	)		(1,766,200	)
		621,800			781,600			708,500
	$	886,200		$	1,044,100		$	953,600

Schedule Of Deferred Tax Assets and Liabilities Reconciliation [Table Text Block]

The tax effect of significant temporary differences representing deferred tax assets and (liabilities) are as follows:

	Year Ended December 31,
	2012			2011			2010
Accounts receivable	$	1,600		$	1,600		$	1,600
Asset retirement obligations		519,800			500,100			482,700
Statutory depletion carryover		1,718,700			1,718,700			1,766,200
Accrued liabilities		262,800			260,900			243,500
Total deferred tax assets		2,502,900			2,481,300			2,494,000
Property and equipment		102,000			281,500			225,800
Valuation allowance		(1,718,700	)		(1,718,700	)		(1,766,200	)
	$	886,200		$	1,044,100		$	953,600