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Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Total revenue $ 181,918 $ 154,876
Costs, expenses and (gains):    
General and administrative expense 172,349 103,083
Depreciation expense 507 507
Gain on sale of land 0 (406,220)
Total costs, expenses and (gains) 183,955 (293,451)
Income (loss) from operations (2,037) 448,327
Interest income 2,607 4,666
Miscellaneous income 3,023 0
Income before income taxes 3,593 452,993
Federal and state income tax expense:    
Current (1,147) 26,186
Total income taxes (1,147) 26,186
Net income $ 4,740 $ 426,807
Earnings per share, basic and diluted (in dollars per share) $ 0.00 $ 0.22
Weighted average shares outstanding, basic and diluted (in shares) 1,942,495 1,942,495
Oil and Gas [Member]    
Revenues:    
Oil and gas $ 82,429 $ 50,145
Costs, expenses and (gains):    
Cost of goods and services sold 5,736 8,221
Timber [Member]    
Revenues:    
Oil and gas 21,743 53,527
Costs, expenses and (gains):    
Cost of goods and services sold 234 958
Surface Leases, Unrelated Parties [Member]    
Revenues:    
Revenues, leases 68,163 41,621
Surface Leases, Related Parties [Member]    
Revenues:    
Revenues, leases 9,583 9,583
Surface Leases [Member]    
Costs, expenses and (gains):    
Cost of goods and services sold $ 5,129 $ 0