LONG-TERM OBLIGATIONS AND OPERATING LEASE, Long-Term Obligations (Details)
|
3 Months Ended |
9 Months Ended |
269 Months Ended |
|
May 31, 2019
USD ($)
|
May 31, 2019
USD ($)
Member
|
Aug. 31, 2018
USD ($)
|
| LONG-TERM OBLIGATIONS AND OPERATING LEASE [Abstract] |
|
|
|
|
| Percentage of original recorded liability compared to original total liability |
|
35.00%
|
35.00%
|
|
| Percentage of payment remitted to CAA holders allocated to recorded liability account |
|
35.00%
|
35.00%
|
|
| Percentage of payment remitted to CAA holders allocated to contingent obligation |
|
65.00%
|
65.00%
|
|
| Percentage of net proceeds from sale of export water allocated |
|
88.00%
|
88.00%
|
|
| Export Water Proceeds Received [Roll Forward] |
|
|
|
|
| Balance at beginning of period |
|
|
$ 1,380,700
|
$ 0
|
| Acquisitions |
|
|
|
0
|
| Relinquishment |
|
|
|
0
|
| Option payments - Sky Ranch and The Hills at Sky Ranch |
|
|
|
110,400
|
| Arapahoe County tap fees |
[1] |
|
|
533,000
|
| Export water sale payments |
|
|
144,700
|
737,300
|
| Balance at end of period |
|
$ 1,525,400
|
1,525,400
|
1,380,700
|
| Initial Export Water Proceeds To Pure Cycle [Roll Forward] |
|
|
|
|
| Balance at beginning of period |
|
|
29,638,100
|
218,500
|
| Acquisitions |
|
|
|
28,042,500
|
| Relinquishment |
|
|
|
2,386,400
|
| Option payments - Sky Ranch and The Hills at Sky Ranch |
|
|
|
(42,300)
|
| Arapahoe County tap fees |
[1] |
|
|
(373,100)
|
| Export water sale payments |
|
|
(127,500)
|
(593,900)
|
| Balance at end of period |
|
29,510,600
|
29,510,600
|
29,638,100
|
| Total Potential Third-Party Obligation [Roll Forward] |
|
|
|
|
| Balance at beginning of period |
|
|
1,007,400
|
31,807,700
|
| Acquisitions |
|
|
|
(28,042,500)
|
| Relinquishment |
|
|
|
(2,386,400)
|
| Option payments |
|
|
|
(68,100)
|
| Arapahoe County tap fees |
[1] |
|
|
(159,900)
|
| Export water sale payments |
|
|
(17,200)
|
(143,400)
|
| Balance at end of period |
|
990,200
|
990,200
|
1,007,400
|
| Participating Interests Liability [Roll Forward] |
|
|
|
|
| Balance at beginning of period |
|
|
339,035
|
11,090,600
|
| Acquisitions |
|
|
|
(9,790,000)
|
| Relinquishment |
|
|
|
(832,100)
|
| Option payments - Sky Ranch and The Hills at Sky Ranch |
|
|
|
(23,800)
|
| Arapahoe County tap fees |
[1] |
|
|
(55,800)
|
| Export water sale payments |
|
|
(6,000)
|
(49,800)
|
| Balance at end of period |
|
333,033
|
333,033
|
339,035
|
| Contingency [Roll Forward] |
|
|
|
|
| Balance at beginning of period |
|
|
668,300
|
20,717,100
|
| Acquisitions |
|
|
|
(18,252,500)
|
| Relinquishment |
|
|
|
(1,554,300)
|
| Option payments - Sky Ranch and The Hills at Sky Ranch |
|
|
|
(44,300)
|
| Arapahoe County tap fees |
[1] |
|
|
(104,100)
|
| Export water sale payments |
|
|
(11,200)
|
(93,600)
|
| Balance at end of period |
|
657,100
|
657,100
|
$ 668,300
|
| Royalties [Abstract] |
|
|
|
|
| Royalties paid to Land Board |
|
|
34,522
|
|
| Export Water [Abstract] |
|
|
|
|
| Expected future export water payouts |
|
|
6,500,000
|
|
| Revenue receivables from sale of export water |
|
5,700,000
|
5,700,000
|
|
| Expected proceeds from sale of export water after deduction of Land Board royalty |
|
|
$ 220,000
|
|
| SMWA [Member] |
|
|
|
|
| WISE Partnership [Abstract] |
|
|
|
|
| Number of other governmental or quasi-governmental water providers | Member |
|
|
9
|
|
| Number of members | Member |
|
|
10
|
|
| Rangeview District [Member] | WISE Partnership [Member] |
|
|
|
|
| WISE Partnership [Abstract] |
|
|
|
|
| Projected cost |
|
$ 6,800,000
|
$ 6,800,000
|
|
| Projected financing period |
|
5 years
|
5 years
|
|
|
|