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Statements of Income and Comprehensive Income (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Revenues:    
Oil and gas $ 2,817,606 $ 1,802,205
Agriculture 345,267 82,324
Timber 100,114 100,385
Total revenues 3,262,987 1,984,914
Costs and Expenses:    
Oil and gas production 219,224 138,801
Agriculture 5,302 8,697
Timber 30,890 43,097
General and administrative 480,897 417,301
Depreciation and depletion 15,814 66,337
Total cost and expenses 752,127 674,233
Income from operations 2,510,860 1,310,681
Other Income / (Expense):    
Interest income 14,975 41,944
Dividend income   13,323
Change in unrealized losses on securities available-for-sale      
Gain / (loss) on sale of securities available-for-sale   10,688
Gain on sale of land and other assets 124,000 76
Net other income 138,975 66,031
Income before income taxes 2,649,835 1,376,712
Federal and State Income Taxes:    
Current 842,020 418,724
Deferred 2,753 6,211
Total federal and state income taxes 844,773 424,935
Income before extraordinary item 1,805,062 951,777
Extraordinary Item:    
Deepwater horizon settlement, net of income tax of $256,000 431,535  
Net income 2,236,597 951,777
Other Comprehensive Income, Net of Taxes:    
Change in unrealized net holding gains occurring during period, net of taxes of $3,721 for 2011   (5,581)
Other comprehensive income   (5,581)
Comprehensive Income $ 2,236,597 $ 946,196
Per Common Stock (1,942,495 shares):    
Income before extraordinary item (in Dollars per share) $ 0.93 $ 0.49
Extraordinary Item (in Dollars per share) $ 0.22  
Net income (in Dollars per share) $ 1.15 $ 0.49
Dividends (in Dollars per share) $ 0.28 $ 0.28