XML 50 R26.htm IDEA: XBRL DOCUMENT v2.4.1.9
Note 2 - Oil and Gas Leasing Activities (Details) (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Gross revenues    
Royalty interests $ 1,366,281us-gaap_RoyaltyRevenue $ 1,716,192us-gaap_RoyaltyRevenue
Lease Fees 117,499ckx_LeaseFeesRevenue 91,128ckx_LeaseFeesRevenue
Gross Revenue 1,483,780us-gaap_ResultsOfOperationsRevenueFromOilAndGasProducingActivities 1,807,320us-gaap_ResultsOfOperationsRevenueFromOilAndGasProducingActivities
Production costs 97,702us-gaap_ResultsOfOperationsExpenseFromOilAndGasProducingActivities 114,204us-gaap_ResultsOfOperationsExpenseFromOilAndGasProducingActivities
Results before income tax expense 1,386,078us-gaap_ResultsOfOperationsIncomeBeforeIncomeTaxes 1,693,116us-gaap_ResultsOfOperationsIncomeBeforeIncomeTaxes
Estimated income tax expense (40%) 554,431us-gaap_ResultsOfOperationsIncomeTaxExpense 677,246us-gaap_ResultsOfOperationsIncomeTaxExpense
Results of operations from producing activities excluding corporate overhead $ 831,647us-gaap_ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts $ 1,015,870us-gaap_ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts