SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
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9 Months Ended |
May 31, 2021 |
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| Derivative Instruments, Gain (Loss) [Line Items] |
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| Summary of Restricted Cash |
| | | | | | | | | | May 31, | | | August 31, | | | 2021 | | | 2020 | Short-term restricted cash | | $ | 781 | | | $ | 185 | Long-term restricted cash | | | 6,972 | | | | 4,105 | Total restricted cash(1) | | $ | 7,753 | | | $ | 4,290 |
(1)Restricted cash consists of cash deposits held within banking institutions to comply with federal regulatory requirements in Costa Rica and Panama. In addition, the Company is required to maintain a certificate of deposit of Trinidad dollars, as measured in U.S. dollars, of approximately $3.0 million with one of its lenders as a compensating balance for a $3.0 million U.S. dollar denominated loan payable over several years. The certificate of deposit will be reduced annually commensurate with the loan balance.
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| Summary of Value Added Tax Receivables |
| | | | | | | | | | | | | | | | May 31, | | August 31, | | | 2021 | | 2020 | Prepaid expenses and other current assets | | $ | 1,390 | | $ | 1,749 | Other non-current assets | | | 28,004 | | | 25,851 | Total amount of VAT receivables reported | | $ | 29,394 | | $ | 27,600 |
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| Summary of Income Tax Receivables |
| | | | | | | | | | | | | | | | May 31, | | August 31, | | | 2021 | | 2020 | Prepaid expenses and other current assets | | $ | 9,775 | | $ | 10,944 | Other non-current assets | | | 19,872 | | | 20,116 | Total amount of income tax receivables reported | | $ | 29,647 | | $ | 31,060 |
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| Net Effect of Foreign Currency Translation |
| | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | May 31, | | May 31, | | May 31, | | | May 31, | | | 2021 | | 2020 | | 2021 | | | 2020 | Effect on other comprehensive loss due to foreign currency translation | | $ | (3,007) | | $ | (12,874) | | $ | (2,577) | | $ | (19,981) |
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| Summary of Foreign Currency Gains (Losses) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | May 31, | | May 31, | | May 31, | | May 31, | | | 2021 | | 2020 | | 2021 | | 2020 | Currency loss | | $ | (2,240) | | $ | (1,529) | | $ | (3,970) | | $ | (2,431) |
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| Real Estate Development [Member] |
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| Derivative Instruments, Gain (Loss) [Line Items] |
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| Schedule of Joint Ventures |
| | | | | | | | | | | | | | | | Real Estate Development Joint Ventures | | Countries | | Ownership | | Basis of
Presentation | GolfPark Plaza, S.A. | | Panama | | 50.0 | % | | Equity(1) | Price Plaza Alajuela PPA, S.A. | | Costa Rica | | 50.0 | % | | Equity(1) |
(1)Joint venture interests are recorded as investment in unconsolidated affiliates on the consolidated balance sheets.
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| Marketplace And Casillero Store Front [Member] |
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| Derivative Instruments, Gain (Loss) [Line Items] |
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| Schedule of Joint Ventures |
| | | | | | | | Marketplace and Casillero Store-front Joint Ventures | | Countries | | Ownership | | Basis of
Presentation | Guatemala | | Guatemala | | 60.0 | % | | Consolidated | Tortola | | British Virgin Islands | | 50.0 | % | | Consolidated | Trinidad | | Trinidad | | 50.0 | % | | Consolidated |
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