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Statements of Income (Unaudited) (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues:        
Oil and gas $ 338,834 $ 404,191 $ 634,613 $ 740,762
Agriculture 16,738 20,761 24,464 43,567
Timber   112,472 3,439 114,125
Total revenues 355,572 537,424 662,516 898,454
Costs and Expenses:        
Oil and gas production 28,256 27,932 51,244 55,734
Agriculture 2,455 2,230 2,962 2,949
Timber 4,986 11,948 14,637 12,525
General and administrative 128,187 111,012 219,843 202,549
Depreciation and depletion 738 66,055 21,298 69,244
Total cost and expenses 164,622 219,177 309,984 343,001
Income from operations 190,950 318,247 352,532 555,453
Other Income / (Expense):        
Interest income 10,276 8,706 20,469 18,394
Dividend income 4,664 13,089 9,527 25,297
Gain/(Loss) on securities available-for-sale   28,526   28,526
Gain on sale of land and other assets     306 255
Net other income / (expense) 14,940 50,321 30,302 72,472
Income before income taxes 205,890 368,568 382,834 627,925
Federal and state income taxes:        
Current 54,537 117,151 99,531 190,548
Deferred (12,575) (16,727) (12,427) (15,330)
Total income taxes 41,962 100,424 87,104 175,218
Net Income $ 163,928 $ 268,144 $ 295,730 $ 452,707
Per Common Stock (1,942,495 shares):        
Net Income (in Dollars per share) $ 0.08 $ 0.14 $ 0.15 $ 0.23
Dividends (in Dollars per share) $ 0.07 $ 0.07 $ 0.14 $ 0.14