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Statements of Income (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Oil and gas $ 242,300 $ 437,865 $ 472,522 $ 857,437
Timber 0 15,089 0 15,089
Surface 32,995 16,779 55,714 215,519
Total revenues 275,295 469,733 528,236 1,088,045
Costs and Expenses:        
Oil and gas production 22,312 25,197 38,448 50,101
Timber 55 870 391 870
Surface 861 781 1,436 794
General and administrative 130,846 148,341 251,638 267,948
Depreciation, depletion and amortization   13,813   15,484
Total cost and expenses 154,074 189,002 291,913 335,197
Income from operations 121,221 280,731 236,323 752,848
Other Income (Expense):        
Interest income 5,032 3,762 9,329 7,833
Gain on sale of land 170,854   172,352  
Net other income (expense) 175,886 3,762 181,681 7,833
Income before income taxes 297,107 284,493 418,004 760,681
Federal and State Income Taxes:        
Current 32,382 83,784 64,265 238,813
Deferred 68,341   68,341  
Total income taxes 100,723 83,784 132,606 238,813
Net Income $ 196,384 $ 200,709 $ 285,398 $ 521,868
Per Common Stock (1,942,495 shares):        
Net Income (in dollars per share) $ 0.10 $ 0.10 $ 0.15 $ 0.27
Dividends (in dollars per share) $ 0.03 $ 0.07 $ 0.10 $ 0.14