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Statements of Income (Unaudited) (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues:    
Oil and gas$ 565,573$ 287,867$ 1,200,186$ 1,028,629
Timber83,19318,71786,632132,842
Agriculture22,12426,40846,58869,975
Total revenues670,890332,9921,333,4061,231,446
Costs and Expenses:    
Oil and gas38,79425,80790,20881,541
Timber17,7783,37432,41414,067
Agriculture2,2581,5425,2206,323
General and administrative99,71298,769319,387301,317
Depreciation and depletion30,21025,04751,50794,292
Total cost and expenses188,752154,539498,736497,540
Income from operations482,138178,453834,670733,906
Other Income / (Expense):    
Interest income9,8179,79730,28628,190
Dividend income3,85410,40313,38135,700
Gain/(Loss) on securities available-for-sale10,688(42,341)10,688(13,814)
Gain on sale of land and other assets  306255
Net other income / (expense)24,359(22,141)54,66150,331
Income before income taxes506,497156,312889,331784,237
Federal and state income taxes:    
Current160,24732,199259,779222,747
Deferred863(2,579)(11,565)(17,909)
Total income taxes161,11029,620248,214204,838
Net Income$ 345,387$ 126,692$ 641,117$ 579,399
Per Common Stock (1,942,495 shares):    
Net Income (in Dollars per share)$ 0.18$ 0.07$ 0.33$ 0.30
Dividends (in Dollars per share)$ 0.07$ 0.07$ 0.21$ 0.21