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Statements of Income - USD ($)
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Revenues:    
Oil and gas $ 786,204 $ 1,483,780
Timber 52,028 698,773
Surface 223,869 436,188
Total revenues 1,062,101 2,618,741
Oil and gas 70,240 97,702
Timber 8,026 84,183
Surface 4,330 1,325
General and administrative 501,159 526,781
Gain on sale of land (172,352) (350)
Total cost, expenses and (gains) 411,403 709,641
Income from operations 650,698 1,909,100
Other Income (Expense):    
Interest income 23,108 16,907
Other income 23,108 16,907
Income before income taxes 673,806 1,926,007
Federal and State Income Taxes:    
Current 142,437 598,524
Deferred 68,341 42,609
Total federal and state income taxes 210,778 641,133
Net income $ 463,028 $ 1,284,874
Per Common Stock , basic and diluted    
Net income (in dollars per share) $ 0.24 $ 0.66
Dividends (in dollars per share) $ 0.10 $ 0.28
Weighted Average Common Shares Outstanding, basic and diluted (in shares) 1,942,495 1,942,495