RELATED PARTY TRANSACTIONS (Details)
|
3 Months Ended |
9 Months Ended |
12 Months Ended |
|
May 31, 2019
USD ($)
Employee
BoardMember
|
May 31, 2019
USD ($)
Employee
BoardMember
|
May 31, 2018
USD ($)
|
Aug. 31, 2018
USD ($)
|
| Related Party Transactions [Abstract] |
|
|
|
|
| Proceeds from note receivable - related parties |
|
$ 0
|
$ 215,504
|
|
| Rangeview District [Member] | Water and Wastewater Services [Member] |
|
|
|
|
| Related Party Transactions [Abstract] |
|
|
|
|
| Number of employee board of directors | Employee |
3
|
3
|
|
|
| Number of independent board of directors | BoardMember |
1
|
1
|
|
|
| Rangeview District [Member] | Water and Wastewater Services [Member] | Loans Receivable [Member] |
|
|
|
|
| Related Party Transactions [Abstract] |
|
|
|
|
| Interest rate |
7.50%
|
7.50%
|
|
|
| Debt instrument maturity date |
|
Dec. 31, 2020
|
|
|
| Rangeview District [Member] | Water and Wastewater Services [Member] | Loans Receivable [Member] | Maximum [Member] |
|
|
|
|
| Related Party Transactions [Abstract] |
|
|
|
|
| Loan extended, maximum capacity |
$ 250,000
|
$ 250,000
|
|
|
| Rangeview District [Member] | Water and Wastewater Services [Member] | Loans Receivable [Member] | Prime Rate [Member] |
|
|
|
|
| Related Party Transactions [Abstract] |
|
|
|
|
| Basis spread on variable rate |
|
2.00%
|
|
|
| Rangeview District [Member] | Water and Wastewater Services [Member] | Notes Receivable [Member] |
|
|
|
|
| Related Party Transactions [Abstract] |
|
|
|
|
| Interest rate |
8.00%
|
8.00%
|
|
|
| Notes receivable |
$ 944,500
|
$ 944,500
|
|
|
| Notes receivable, principal |
534,100
|
534,100
|
|
|
| Notes receivable, accrued interest |
410,400
|
410,400
|
|
|
| Rangeview District [Member] | WISE Partnership [Member] |
|
|
|
|
| Related Party Transactions [Abstract] |
|
|
|
|
| Funding pursuant to participation agreement |
|
22,200
|
|
$ 198,200
|
| Projected cost |
$ 6,800,000
|
$ 6,800,000
|
|
|
| Projected financing period |
5 years
|
5 years
|
|
|
| Investments in the WISE assets |
$ 3,200,000
|
$ 3,200,000
|
|
|
| Sky Ranch District [Member] | Water and Wastewater Services [Member] | Notes Receivable [Member] |
|
|
|
|
| Related Party Transactions [Abstract] |
|
|
|
|
| Interest rate |
8.00%
|
8.00%
|
|
|
| Proceeds from note receivable - related parties |
|
|
215,504
|
|
| Loan outstanding |
$ 0
|
$ 0
|
$ 0
|
|
| Sky Ranch District [Member] | Sky Ranch Community Authority Board [Member] |
|
|
|
|
| Related Party Transactions [Abstract] |
|
|
|
|
| Interest rate |
6.00%
|
6.00%
|
|
|
| Estimated cost |
$ 30,000,000
|
$ 30,000,000
|
|
|
| Advances plus accrued interest included in inventories |
$ 13,700,000
|
$ 13,700,000
|
|
|