Quarterly report pursuant to Section 13 or 15(d)

Presentation of Interim Information (Details Narrative)

v2.4.0.8
Presentation of Interim Information (Details Narrative) (USD $)
 3 Months Ended 9 Months Ended
May 31, 2013
acre
Aug. 31, 2012
May 31, 2012
May 31, 2013
acre
May 31, 2012
Unrealized Loss on Securities   $ 1,081      
Long-term Debt 3,400,000     3,400,000  
Shares of common stock held as pledged assets       1,500,000  
Increase (Decrease) in Notes Payable, Current       6,900,000  
Notes Payable 6,600,000 9,600,000   6,600,000  
Repayments of Notes Payable 1,400,000     1,686,340   
Issuance of notes 5,600,000        
Note Payable Term 5 years        
Debt Instrument, Interest Rate, Stated Percentage 5.00%     5.00%  
Number of water taps subject to tap participation fee 19,427     19,427  
Interest Expense, Other 871,864   872,980 2,416,619 2,586,780
Recognition Of Deferred Water Tap Fees 3,574   3,574 10,721 10,722
Recognition Of Deferred Construction Funding 10,377   10,377 31,131 31,131
Management fee, percentage of income from land and water leases 100.00%     100.00%  
Allowance for Doubtful Accounts Receivable, Current 41,000 20,400   41,000  
Royalty Revenue 103,600   104,600 310,900 319,400
Deferred Revenue, Leases, Net 1,243,400     1,243,400  
Number of acres for exploration and development 634     634  
Share-based Compensation 19,200   13,600 42,252 42,257
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in Shares)       247,600 263,100
County Tap And Construction Fee Deferred Revenue
          
Deferred Revenue 1,300,000     1,300,000  
Farm Income
          
Deferred Revenue 82,565     82,565  
Deferred O And G Lease Revenue
          
Deferred Revenue $ 328,100     $ 328,100