XML 33 R24.htm IDEA: XBRL DOCUMENT v3.8.0.1

Note 6 - Company Operations (Tables)

12 Months Ended

Dec. 31, 2017

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

		2017				2016
Revenues
Oil and Gas		$	609,122			$	510,856
Timber			224,111				125,860
Surface			273,019				189,019
Surface – related party			38,333				37,667
Total			1,144,585				863,402
Cost and Expenses
Oil and Gas			62,315				57,115
Timber			35,692				27,957
Surface			43,929				82,081
Total			141,936				167,153
Income from Operations
Oil and Gas			546,807				453,741
Timber			188,419				97,903
Surface			267,423				144,605
Total			1,002,649				696,249
Other Income (Expense) before Income Taxes			(416,562	)			(473,938	)
Income before Income Taxes			586,087				222,311
Identifiable Assets , net of accumulated depreciation and depletion
Oil and Gas			--				--
Timber			2,119,180				2,072,368
Surface			--				--
General Corporate Assets			12,604,557				12,345,956
Total			14,723,737				14,418,324
Capital Expenditures
Oil and Gas			--				--
Timber			62,473				528,031
Surface			--				--
General Corporate Assets			92,157				1,879,519
			154,630				2,407,550

		2017				2016
Depreciation and Depletion
Oil and Gas			--				--
Timber			15,661				1,751
Surface			--				--
General Corporate Assets			1,191				467
Total		$	16,852			$	2,218

Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]

Count			201 7				201 6
1			$	179,292			$	129,529
2				163,483				117,827
3				131,837				67,303
4				113,280				66,178
5				70,760				63,449
6				61,677				63,309
7				51,814				54,697

X

- Definition

Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfRevenueByMajorCustomersByReportingSegmentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration