| Schedule of Debt |
| |
|
Export Water Proceeds Received
|
|
|
Initial Export Water Proceeds to Pure Cycle
|
|
|
Total Potential Third party Obligation
|
|
|
Participating Interests Liability
|
|
|
Contingency
|
|
|
Original balances
|
|
$ |
– |
|
|
$ |
218,500 |
|
|
$ |
31,807,700 |
|
|
$ |
11,090,600 |
|
|
$ |
20,717,100 |
|
|
Activity from inception until August 31, 2012:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Acquisitions
|
|
|
– |
|
|
|
28,077,500 |
|
|
|
(28,077,500 |
) |
|
|
(9,790,000 |
) |
|
|
(18,287,500 |
) |
Option payments - Sky Ranch and The Hills at Sky Ranch
|
|
|
110,400 |
|
|
|
(42,300 |
) |
|
|
(68,100 |
) |
|
|
(23,800 |
) |
|
|
(44,300 |
) |
|
Arapahoe County tap fees *
|
|
|
533,000 |
|
|
|
(373,100 |
) |
|
|
(159,900 |
) |
|
|
(55,800 |
) |
|
|
(104,100 |
) |
|
Export Water sale payments
|
|
|
111,300 |
|
|
|
(77,900 |
) |
|
|
(33,400 |
) |
|
|
(12,100 |
) |
|
|
(21,300 |
) |
|
Balance at August 31, 2012
|
|
|
754,700 |
|
|
|
27,802,700 |
|
|
|
3,468,800 |
|
|
|
1,208,900 |
|
|
|
2,259,900 |
|
|
Fiscal 2013 activity:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Export Water sale payments
|
|
|
158,000 |
|
|
|
(110,600 |
) |
|
|
(47,400 |
) |
|
|
(16,500 |
) |
|
|
(30,900 |
) |
|
Balance at May 31, 2013
|
|
$ |
912,700 |
|
|
$ |
27,692,100 |
|
|
$ |
3,421,400 |
|
|
$ |
1,192,400 |
|
|
$ |
2,229,000 |
|
|