Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets (Unaudited) (Parentheticals)

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Balance Sheets (Unaudited) (Parentheticals) (USD $)
Jun. 30, 2012
acre
Dec. 31, 2011
acre
Acres 10,125 10,125
Land (surface rights) in acres 911,398 918,650
Number of lots 318 318
Certificates of Proprietary Interest, par value (in Dollars per share) $ 100 $ 100
Certificates of Proprietary Interest, outstanding (in Shares) 0 0
Sub-share Certificates in Certificates of Proprietary Interest, par value (in Dollars per share) $ 0.03 $ 0.03
Sub-share Certificates in Certificates of Proprietary Interest, outstanding (in Shares) 8,975,631 9,175,414
Royalty Interests In Acres 1_16 [Member]
   
Nonparticipaing perpetual royalty interest in acres 373,777 373,777
Royalty Interests In Acres 1_128 [Member]
   
Nonparticipaing perpetual royalty interest in acres 85,414 85,414