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Accounting Policies, by Policy (Policies)
12 Months Ended
Dec. 31, 2012
Use of Estimates, Policy [Policy Text Block]
Pervasiveness of estimates:

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.
Cash and Cash Equivalents, Policy [Policy Text Block]
Cash equivalents:

Cash equivalents are highly liquid debt instruments with original maturities of three months or less when purchased.
Certificates of Deposits [Policy Text Block]
Certificate of deposits:

Certificates of deposit have maturities greater than three months when purchased, in amounts not greater than $250,000 and no more than one certificate issued per financial institution.  All certificates of deposit are held until maturity and recorded at amortized cost which approximates fair value.  Certificates of deposit mature through 2013.
Investment, Policy [Policy Text Block]
Investment securities:

In accordance with GAAP, management must make a determination at the time of acquisition whether certain investments in debt and equity securities are classified as trading, available-for-sale or held-to-maturity securities.  Under a policy adopted by the board of directors of the Company, Management intends to purchase available-for-sale securities and has determined that all securities held are available-for-sale.

For investments classified as available-for-sale, all such debt securities and equity securities that have readily determinable fair value shall be measured at fair value in the balance sheet.  Unrealized holding gains and losses for securities available-for-sale shall be excluded from earnings and reported as a net amount (net of income taxes) and as a separate component of retained earnings until realized.  Realized gains and losses on securities available-for-sale are included in income.  The cost of securities sold is based on the specific identification method.

Declines in the fair value of securities available-for-sale below their cost that are deemed to be other-than-temporary are reflected in earnings as realized losses.  In estimating other-than-temporary impairment losses, management considers (1) length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value.

Interest on debt securities is recognized in income as earned.  Dividends on marketable equity securities are recognized in income when declared
Property, Plant and Equipment, Policy [Policy Text Block]
Property and equipment:

Property and equipment is stated at cost.  Major additions are capitalized; maintenance and repairs are charged to income currently.  Depreciation is computed on the straight-line and accelerated methods over the estimated useful lives of the assets.
Timber Assets [Policy Text Block]
Timber:

When timber land is purchased with standing timber, the cost is divided between land and timber based on timber cruises contracted by the Company.  Reforestation costs are capitalized.  The timber asset is depleted when the timber is sold based on the percentage of the timber sold from a particular tract applied to the amount capitalized for timber for that tract.
Revenue Recognition, Policy [Policy Text Block]
Oil and gas:

Oil and gas income is booked when the Company is notified by the well’s operator as to the Company’s share of the revenue proceeds together with the withheld severance taxes.  The Company has no capitalized costs relating to oil and gas producing activities and no costs for property acquisition, exploration and development activities
Earnings Per Share, Policy [Policy Text Block]
Net Income and Dividends Paid per common stock:

Net income and dividends paid per common stock are based on the weighted average number of common stock shares outstanding during the period.
Revenue Recognition, Dividends [Policy Text Block]
Dividends

Pursuant to a dividend reversion clause in the Company’s Articles of Incorporation, dividends not claimed within one year after the dividend became payable will expire and revert in full ownership to the Company and the Company’s obligation to pay such dividend will cease.
Income Tax, Policy [Policy Text Block]
Income taxes:

Deferred income tax assets and liabilities are determined using the liability (or balance sheet) method.  Under this method, the net deferred tax asset or liability is determined based on the tax effects of the temporary differences between the book and tax bases of the various balance sheet assets and liabilities and gives current recognition to changes in tax rates and laws.

In accordance with generally accepted accounting principles, the Company has analyzed its filing positions in federal and state income tax returns for the tax years ending December 31, 2009 through 2011 that remain subject to examination.  The Company believes that all filing positions are highly certain and that all income tax filing positions and deductions would be sustained upon a taxing jurisdiction’s audit. Therefore, no reserve for uncertain tax positions is required.  No interest or penalties have been levied against the Company and none are anticipated