Pure Cycle Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- PRESENTATION OF INTERIM INFORMATION (Policies)
Notes Tables
Notes Details

LONG-TERM OBLIGATIONS AND OPERATING LEASE, Lease Commitments (Details)

v3.20.1

LONG-TERM OBLIGATIONS AND OPERATING LEASE, Lease Commitments (Details)	3 Months Ended	6 Months Ended
	Feb. 29, 2020 USD ($) ft²	Feb. 29, 2020 USD ($) ft²	Aug. 31, 2019 USD ($)
Lease Commitments [Abstract]
Area of office and warehouse \| ft²	11,393	11,393
Operating lease term	3 years	3 years
Monthly base rent of operating lease		$ 6,600
Operating lease extension term	2 years	2 years
Percentage of increase in primary base payment for operating lease		12.50%
Operating lease expense	$ 21,300	$ 42,600
Sublease rental income	0	0
Payment against lease obligation, operating lease	19,800	39,700
ROU Lease Assets and Lease Liabilities [Abstract]
Operating leases - right of use assets	230,622	230,622	$ 0
Accounts payable and accrued liabilities	66,414	66,414
Lease obligations - operating leases, net of current portion	160,013	160,013	$ 0
Total lease liability	$ 226,427	$ 226,427
Weighted average remaining lease term	2 years 10 months 24 days	2 years 10 months 24 days
Weighted average discount rate	6.00%	6.00%

- Definition

The amount of rental expense payable per month for operating leases.

+ References

No definition available.

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- Definition

The percentage of increase in primary base payment of operating lease for extended period.

+ References

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- Definition

Area of a real estate property.

+ References

No definition available.

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- References

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- Definition

Term of lessee's operating lease renewal, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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-Name Accounting Standards Codification
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- Definition

Term of lessee's operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

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- Definition

Amount of operating lease expense. Excludes sublease income.

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- Definition

Present value of lessee's discounted obligation for lease payments from operating lease.

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- Definition

Present value of lessee's discounted obligation for lease payments from operating lease, classified as current.

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- Definition

Present value of lessee's discounted obligation for lease payments from operating lease, classified as noncurrent.

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- Definition

Amount of cash outflow from operating lease, excluding payments to bring another asset to condition and location necessary for its intended use.

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- Definition

Amount of lessee's right to use underlying asset under operating lease.

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- Definition

Weighted average discount rate for operating lease calculated at point in time.

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- Definition

Weighted average remaining lease term for operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

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- Definition

Amount of sublease income excluding finance and operating lease expense.

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