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Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash Flows from Operating Activities:    
Net income $ 463,028 $ 1,284,874
Adjustments to reconcile net income to net cash used in operating activities:    
Gain on sale of land (172,352) (350)
Timber depletion $ 2,872 60,941
Depreciation 6,241
Deferred income tax expense $ 68,341 42,609
Change in operating assets and liabilities:    
Decrease in current assets 86,920 60,998
Decrease in current liabilities (6,835) (14,951)
Net cash provided from operating activities 441,974 1,440,361
Cash Flows from Investing Activities:    
Maturity proceeds 3,084,000 3,131,000
Purchase (5,688,000) (2,630,000)
Purchases (21,535) (286,727)
Proceeds 185,623 350
Purchases and improvements (265,982) (425,956)
Net cash provided used in investing activities (2,705,894) (211,333)
Cash Flows from Financing Activities:    
Dividends paid $ (194,250) (543,899)
Dividend reversions 11,414
Net cash used in financing activities $ (194,250) (532,485)
Net increase (decrease) in cash and cash equivalents (2,458,170) 696,543
Cash and Cash Equivalents:    
Beginning 5,225,594 4,529,051
Ending $ 2,767,424 $ 5,225,594
Supplemental Disclosures of Cash Flow Information    
Interest
Income taxes $ 134,576 $ 612,000
Noncash investing and financing activities:    
Reclassification of treasury stock under the LBCA. $ 375,516