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Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash Flows From Operating Activities:  
Net Income$ 641,117$ 579,399
Less non-cash (income) expenses included in net income:  
Depreciation, depletion and amortization51,50794,292
Deferred income tax expense(11,565)(17,909)
Less non-operating activities:  
(Gain) loss from securities sales 13,814
Gain from sale of land and other assets(306)(255)
Change in operating assets and liabilities:  
(Increase) decrease in current assets7,724(12,880)
Increase (decrease) in current liabilities11,55119,945
Net cash provided from operating activities700,028676,406
Certificates of Deposit:  
Maturity proceeds 480,000
Purchases(725,625)(250,000)
Securities:  
Sales proceeds787,841199,053
Purchases(12,560)(312,174)
Proceeds from dissolution of partnership 255
Land, timber, equipment and other assets:  
Sales proceeds167 
Purchases(604,483)(601,079)
Net cash provided from (used in) investing activities(554,660)(483,945)
Cash Flows From Financing Activities:  
Dividends paid, net of reversion(394,549)(407,924)
Net cash used in financing activities(394,549)(407,924)
Net increase (decrease) in cash and cash equivalents(249,181)(215,463)
Cash and cash equivalents:  
Beginning5,182,3163,977,106
Ending4,933,1353,761,643
Cash payments for:  
Interest 0
Income taxes139,660212,500
Supplemental schedule of non-cash investing and financing activities:  
Net change in recognized and unrecognized unrealized gains (losses) on available-for-sale securities$ (9,302)$ 96,525