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Statements of Income (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Oil and gas $ 132,348 $ 151,752 $ 465,710 $ 359,951
Timber 4,992 8,966 125,860
Surface 64,975 53,299 318,423 152,188
Total revenues 197,323 210,043 793,099 637,999
Costs, Expenses and (Gains):        
Oil and gas 13,668 17,755 46,717 43,009
Timber 2,776 4,356 8,883 23,018
Surface 12,429 16,976 37,277 55,501
General and administrative 116,234 153,885 366,467 383,500
Depreciation 234 236 701 1,987
Gain on sale of land (28,561) (31,452)
Total cost, expenses and (gains) 116,780 193,208 428,593 507,015
Income from operations 80,543 16,835 364,506 130,984
Other Income (Expense):        
Interest income 11,465 12,398 32,040 30,749
Net other income 11,465 12,398 32,040 30,749
Income before income taxes 92,008 29,233 396,546 161,733
Federal and State Income Taxes:        
Current 29,617 1,605 76,055 31,741
Deferred income tax expense 11,093 6,257 11,093 6,257
Total income taxes 40,710 7,862 87,148 37,998
Net Income $ 51,298 $ 21,371 $ 309,398 $ 123,735
Per Common Stock, basic and diluted        
Net Income (in dollars per share) $ 0.03 $ 0.01 $ 0.16 $ 0.06
Dividends (in dollars per share) $ 0 $ 0 $ 0.10 $ 0
Weighted Average Common Shares Outstanding, basic and diluted (in shares) 1,942,495 1,942,495 1,942,495 1,942,495