FAIR VALUE MEASUREMENTS (Details 1) - USD ($) |
12 Months Ended | ||
|---|---|---|---|
Aug. 31, 2015 |
Aug. 31, 2014 |
Aug. 31, 2013 |
|
| Imputed interest recorded as "Other Expense" | $ (23,816) | $ (1,445,509) | $ (3,275,378) |
| X | ||||||||||
- Definition Interest expense on all other items not previously classified. For example, includes dividends associated with redeemable preferred stock of a subsidiary that is treated as a liability in the parent's consolidated balance sheet. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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