Magnetic elements of the solar surface are studied (using the 6173 angstrom Fe I line) in magnetograms recorded with the high-resolution Solar Dynamics Observatory (SDO)/Helioseismic and Magnetic Imager (HMI). To extract some statistical and physical properties of these elements (e.g. filling factors, magnetic flux, size, and lifetimes), we employed the region-based method called Yet Another Feature Tracking Algorithm (YAFTA). An area of 400 '' x 400 '' was selected to investigate the magnetic characteristics in 2011. The correlation coefficient between filling factors of negative and positive polarities is 0.51. A broken power-law fit was applied to the frequency distribution of size and flux. Exponents of the power-law distributions for sizes smaller and greater than 16 arcsec(2) were found to be -2.24 and -4.04, respectively. The exponents of power-law distributions for fluxes lower and greater than 2.63 x 10(19) Mx were found to be -2.11 and -2.51, respectively. The relationship between the size [S] and flux [F] of elements can be expressed by a power-law behavior of the form of S proportional to F-0.69. The lifetime and its relationship with the flux and size of quiet-Sun (QS) elements during three days were studied. The code detected patches with lifetimes of about 15 hours, which we call long-duration events. We found that more than 95% of the magnetic elements have lifetimes shorter than 100 minutes. About 0.05% of the elements had lifetimes of more than six hours. The relationships between size [S], lifetime [T], and flux [F] for patches in the QS yield power-law relationships S proportional to T-0.25 and F proportional to T-0.38, respectively. Executing a detrended-fluctuation analysis of the time series of new emerged magnetic elements, we found a Hurst exponent of 0.82, which implies a long-range temporal correlation in the system.