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Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Cash Flows from Operating Activities:        
Net Income $ 51,298 $ 21,371 $ 309,398 $ 123,735
Less non-cash expenses included in net income:        
Depreciation, depletion and amortization     701 1,987
Deferred income tax expense 11,093 6,257 11,093 6,257
Gain on sale of land (28,561) (31,452)
Change in operating assets and liabilities:        
Increase in current assets     (116,782) (33,898)
Increase in current liabilities     103,887 85,025
Net cash provided from (used in) operating activities     276,845 183,106
Cash Flows from Investing Activities:        
Purchases     (2,412,890) (1,690,000)
Maturity proceeds     2,410,000 1,920,000
Purchases     (93,901) (2,401,040)
Sales proceeds     35,474
Net cash used in investing activities     (61,317) (2,171,040)
Cash Flows from Financing Activities:        
Dividends Paid     (194,250)  
Dividends reversion (paid)       6,507
Net cash from (used in) financing activities     (194,250) 6,507
Net increase (decrease) in cash, cash equivalents, and proceeds held in 1031 trust account     21,278 (1,981,427)
Cash, cash equivalents and proceeds held in 1031 trust account:        
Cash and cash equivalents     1,081,188 1,081,188
Proceeds held in 1031 trust account    
Beginning of nine month period     1,081,188 2,767,424
Cash and cash equivalents 1,068,645 785,997 1,068,645 785,997
Proceeds held in 1031 trust account 33,821 33,821
End of nine month period $ 1,102,466 $ 785,997 1,102,466 785,997
Supplemental disclosures of cash flow information:        
Interest    
Income taxes     $ 99,240 $ 35,571