XML 20 R11.htm IDEA: XBRL DOCUMENT

Note 4 - Land and Timber Purchases:

6 Months Ended

Jun. 30, 2011

Property, Plant and Equipment Disclosure [Text Block]

Note 4:

Land and Timber Purchases:

Duringthe first quarter of 2011, the Company purchased 2 parcels of land with standing timber for $592,750. Approximately 320 acres were purchased for $330,665 and the standing timber was valued at $262,085 based on timber cruises.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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