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Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Total revenue $ 188,697 $ 216,808 $ 369,088 $ 370,283
Costs, expenses and (gains):        
General and administrative expense 193,087 208,434 336,209 328,469
Depreciation expense 234 504 467 1,011
Gain on sale of land (220,800) (4,950) (253,907) (80,876)
Total costs, expenses and (gains) (15,395) 218,433 109,041 282,548
Income from operations 204,092 (1,625) 260,047 87,735
Interest income 30,381 29,487 48,256 56,011
Income before income taxes 234,473 27,862 308,303 143,746
Federal and state income tax expense:        
Current 22,683 4,591 38,131 14,754
Deferred
Total income taxes 22,683 4,591 38,131 14,754
Net income 211,790 23,271 270,172 128,992
Dividends paid
Net income available to common shareholders $ 211,790 $ 23,271 $ 270,172 $ 128,992
Per common stock, basic and diluted        
Net income (in dollars per share) $ 0.11 $ 0.01 $ 0.14 $ 0.07
Dividends (in dollars per share)
Weighted average shares outstanding, basic and diluted (in shares) 1,942,495 1,942,495 1,942,495 1,942,495
Oil and Gas [Member]        
Revenues:        
Revenues from customers $ 67,929 $ 143,036 $ 182,979 $ 233,932
Costs, expenses and (gains):        
Cost of goods and services sold 11,072 13,643 22,809 28,167
Timber [Member]        
Revenues:        
Revenues from customers 3,747 11,635 14,481
Costs, expenses and (gains):        
Cost of goods and services sold 754 687 3,205 5,084
Surface Leases, Unrelated Parties [Member]        
Revenues:        
Revenues, leases 107,438 64,189 155,308 102,704
Surface Leases, Related Parties [Member]        
Revenues:        
Revenues, leases 9,583 9,583 19,166 19,166
Surface Leases [Member]        
Costs, expenses and (gains):        
Cost of goods and services sold $ 258 $ 115 $ 258 $ 693