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Statements of Income (Unaudited) (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Oil and gas $ 358,013 $ 520,682 $ 847,004 $ 1,425,324
Surface 56,612 284,510 89,427 310,043
Timber 41,382 70 55,141 5,005
Total revenues 456,007 805,262 991,572 1,740,372
Costs and Expenses:        
Oil and gas production 16,620 57,939 52,517 122,979
Surface 695 1,047 822 1,854
Timber 3,572 6,057 15,949 14,226
General and administrative 117,991 115,493 255,413 216,969
Depreciation and depletion 6,875 1,615 14,834 3,731
Total cost and expenses 145,753 182,151 339,535 359,759
Income from operations 310,254 623,111 652,037 1,380,613
Other Income / (Expense):        
Interest income 2,581 4,706 8,014 5,244
Dividend income   55   55
Gain on sale of land and other assets       124,000
Net other income / (expense) 2,581 4,761 8,014 129,299
Income before income taxes 312,835 627,872 660,051 1,509,912
Federal and state income taxes:        
Current 96,384 255,026 200,059 485,325
Deferred   (45,800)   (5,831)
Total income taxes 96,384 209,226 200,059 479,494
Net Income $ 216,451 $ 418,646 $ 459,992 $ 1,030,418
Per Common Stock (1,942,495 shares):        
Net Income (in Dollars per share) $ 0.11 $ 0.22 $ 0.24 $ 0.53
Dividends (in Dollars per share) $ 0.07 $ 0.07 $ 0.14 $ 0.14