XML 29 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 5,832,167 $ 4,124,908
Accounts receivable 260,989 276,217
Prepaid expense and other assets 68,081 20,828
Total current assets 6,902,621 4,917,578
Property and equipment:    
Timber less accumulated depletion of $700,564 and $691,436, respectively 1,235,790 1,146,743
Land 4,434,081 4,431,034
Current Liabilities:    
Trade payables and accrued expenses 40,874 58,662
Income tax payable:    
Current   87,419
Deferred   5,153
Total current liabilities 40,874 151,234
Deferred income tax payable 181,818 181,818
Total liabilities 222,692 333,052
Stockholders’ Equity:    
Common stock, no par value: 3,000,000 shares authorized; 2,100,000 shares issued 72,256 72,256
Retained earnings 12,665,988 10,965,177
Accumulated other comprehensive income      
Less cost of treasury stock (157,505 shares) (375,516) (375,516)
Total stockholders’ equity 12,362,728 10,661,917
Total liabilities and stockholders’ equity 12,585,420 10,994,969
Property And Equipment Net [Member]
   
Property and equipment:    
Total Property and Equipment, net 12,928 19,614
Total Property And Equipment Net [Member]
   
Property and equipment:    
Total Property and Equipment, net 5,682,799 5,597,391
Total assets 12,585,420 10,994,969
Deposit Noncurrent [Member]
   
Current Assets:    
Certificates of deposit 741,384 495,625
Deposit Current [Member]
   
Current Assets:    
Certificates of deposit   $ 480,000