Related Party Transactions (Details Narrative) (USD $)
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3 Months Ended | 9 Months Ended | ||
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May 31, 2013
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May 31, 2012
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May 31, 2013
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May 31, 2012
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Related Party Transactions Details Narrative | ||||
Related Party Transaction, Amounts of Transaction | $ 50,000 | $ 7,000 | $ 89,500 | $ 39,700 |
Due from Related Parties | 250,000 | 250,000 | ||
Debt Instrument, Basis Spread on Variable Rate | 2.00% | |||
Related Party Transaction, Rate | 5.25% | |||
Notes Receivable, Related Parties | 552,900 | 552,900 | ||
Due from Related Parties, Principal | 229,300 | 229,300 | ||
Due from Related Parties, Interest | $ 323,600 | $ 323,600 |
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- Definition
DueFromRelatedPartiesInterest No definition available.
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- Definition
DueFromRelatedPartiesPrincipal No definition available.
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- Details
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- Definition
Percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
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- Definition
For an unclassified balance sheet, amounts due from related parties including affiliates, employees, joint ventures, officers and stockholders, immediate families thereof, and pension funds. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
For an unclassified balance sheet, amounts due from parties associated with the reporting entity as evidenced by a written promise to pay. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of transactions with related party during the financial reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Identify the stated interest rate per the agreement, for example, leasing and debt arrangements between related parties. No definition available.
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