XML 23 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Balance Sheets (Unaudited) (USD $)
 6 Months Ended 12 Months Ended
Jun. 30, 2011
Dec. 31, 2010
Current Assets:    
Cash and cash equivalents $ 4,582,288 $ 5,182,316
Accounts receivable 172,528 149,795
Prepaid expense and other assets 139,517 114,232
Total current assets 5,389,958 5,686,343
Securities available for sale 799,044 783,772
Property and equipment:    
Timber less accumulated depletion of $650,336 and $632,565, respectively 801,567 557,253
Land 3,522,989 3,192,491
Current Liabilities:    
Trade payables and accrued expenses 49,230 58,520
Income tax payable:    
Current   469
Deferred 9,294  
Total current liabilities 58,524 58,989
Noncurrent Liabilities:    
Deferred income tax payable 181,818 181,818
Total liabilities 240,342 240,807
Stockholders’ Equity:    
Common stock, no par value: 3,000,000 shares authorized; 2,100,000 shares issued 72,256 72,256
Retained earnings 10,581,080 10,543,924
Accumulated other comprehensive income 9,062 5,581
Less cost of treasury stock (157,505 shares) (375,516) (375,516)
Total stockholders’ equity 10,286,882 10,246,245
Total liabilities and stockholders’ equity 10,527,224 10,487,052
Deposit Current [Member]
    
Current Assets:    
Certificates of deposit 495,625 240,000
Deposit Noncurrent [Member]
    
Current Assets:    
Certificates of deposit   250,000
Property And Equipment Net [Member]
    
Property and equipment:    
Total Property and Equipment, net 13,666 17,193
Total Property And Equipment Net [Member]
    
Property and equipment:    
Total Property and Equipment, net 4,338,222 3,766,937
Total assets $ 10,527,224 $ 10,487,052