4. LONG-TERM OBLIGATIONS AND OPERATING LEASE (Details) - USD ($)
|
9 Months Ended |
221 Months Ended |
May. 31, 2015 |
Aug. 31, 2014 |
| Export Water Proceeds Received |
|
|
| Remaining Third Party Obligation: |
|
|
| Balance, original |
|
|
| Balance, beginning |
$ 1,004,300
|
|
| Acquisitions |
|
$ 0
|
| Option payments |
|
110,400
|
| Arapahoe Tap fees |
|
533,000
|
| Export Water Sale Payments |
184,200
|
360,900
|
| Balance, ending |
1,188,500
|
1,004,300
|
| Initial Export Water Proceeds To Pure Cycle |
|
|
| Remaining Third Party Obligation: |
|
|
| Balance, original |
|
218,500
|
| Balance, beginning |
30,004,800
|
|
| Acquisitions |
|
28,077,500
|
| Relinquishment |
|
2,386,400
|
| Option payments |
|
(42,300)
|
| Arapahoe Tap fees |
|
(373,100)
|
| Export Water Sale Payments |
(162,300)
|
(262,200)
|
| Balance, ending |
29,842,500
|
30,004,800
|
| Total Potential Third Party Obligation |
|
|
| Remaining Third Party Obligation: |
|
|
| Balance, original |
|
31,807,700
|
| Balance, beginning |
1,017,100
|
|
| Acquisitions |
|
(28,077,500)
|
| Relinquishment |
|
(2,386,400)
|
| Option payments |
|
(68,100)
|
| Arapahoe Tap fees |
|
(159,900)
|
| Export Water Sale Payments |
(21,900)
|
(98,700)
|
| Balance, ending |
995,200
|
1,017,100
|
| Participating Interests Liability |
|
|
| Remaining Third Party Obligation: |
|
|
| Balance, original |
|
11,090,600
|
| Balance, beginning |
354,600
|
|
| Acquisitions |
|
(9,790,000)
|
| Relinquishment |
|
(832,100)
|
| Option payments |
|
(23,800)
|
| Arapahoe Tap fees |
|
(55,800)
|
| Export Water Sale Payments |
(7,600)
|
(34,300)
|
| Balance, ending |
347,000
|
354,600
|
| Contingency |
|
|
| Remaining Third Party Obligation: |
|
|
| Balance, original |
|
20,717,100
|
| Balance, beginning |
662,500
|
|
| Acquisitions |
|
(18,287,500)
|
| Relinquishment |
|
(1,554,300)
|
| Option payments |
|
(44,300)
|
| Arapahoe Tap fees |
|
(104,100)
|
| Export Water Sale Payments |
(14,300)
|
(64,400)
|
| Balance, ending |
$ 648,200
|
$ 662,500
|