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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Feb. 29, 2024
Feb. 28, 2023
Cash flows from operating activities:    
Net income $ 2,183 $ 348
Adjustments to reconcile net income to net cash used by operating activities:    
Depreciation and depletion 994 1,076
Trade accounts receivable (620) 304
Accounts payable and accrued liabilities (1,100) (1,063)
Other assets and liabilities 226 (137)
Share-based compensation expense 325 461
Deferred income taxes   95
Prepaid expenses (291) (136)
Amortized discount on U.S. Treasury Bills   (245)
Deferred water sales revenue (38) (37)
Land under development (3,074)  
Deferred lot sale revenues 944 (802)
Taxes payable / receivable 727 (4,140)
Net cash used by operating activities (1,685) (7,856)
Cash flows from investing activities:    
Purchase of property and equipment (95) (194)
Investments in future development phases at Sky Ranch (1,612) (1,309)
Construction costs of single-family rentals (176) (1,579)
Investments in water and water systems (1,240) (1,613)
Payments on note receivable - related party, other 100  
Purchase of held-to-maturity investments in U.S. Treasury Bills (169) (15,000)
Net cash used in investing activities (3,192) (19,695)
Cash flows from financing activities:    
Payments on notes payable (15) (5)
Repurchases of common stock (298)  
Payments to contingent liability holders   (111)
Net cash used in financing activities (313) (116)
Net change in cash, cash equivalents and restricted cash (5,190) (27,667)
Cash, cash equivalents and restricted cash - beginning of period 28,487 37,222
Cash, cash equivalents and restricted cash - end of period 23,297 9,555
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents 20,417 7,224
Restricted cash 2,880 2,331
Total cash, cash equivalents and restricted cash 23,297 9,555
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for income taxes 65 4,265
Cash paid for interest 209 98
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Change in reimbursable public improvements included in accounts payable and accrued liabilities 284 586
Change in investments in water and water systems included in accounts payable and accrued liabilities 171 160
Issuance of stock for compensation 196 111
Related Party | Sky Ranch CAB    
Adjustments to reconcile net income to net cash used by operating activities:    
Net activity for notes receivable - related party, reimbursable public improvements, other (1,902) (3,401)
Related Party | Rangeview District [Member]    
Adjustments to reconcile net income to net cash used by operating activities:    
Net activity for notes receivable - related party, reimbursable public improvements, other $ (59) $ (179)

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