Annual report pursuant to Section 13 and 15(d)

PARTICIPATING INTERESTS IN EXPORT WATER (Details)

v2.4.0.8
PARTICIPATING INTERESTS IN EXPORT WATER (Details) (USD $)
 12 Months Ended 48 Months Ended
Aug. 31, 2013
Aug. 31, 2012
Export Water Proceeds Received
    
Balance, original     
Balance, beginning 754,700   
Acquisitions     
Option payments   110,400
Arapahoe Tap fees   533,000 [1]
Export Water Sale Payments 158,000 111,300
Balance, ending 912,700 754,700
Export Water Proceeds to Pure Cycle
    
Balance, original   218,500
Balance, beginning 27,802,700 28,077,500
Acquisitions   28,077,500
Option payments   (42,300)
Arapahoe Tap fees   (373,100) [1]
Export Water Sale Payments (110,600) (77,900)
Balance, ending 27,692,100 27,802,700
Total Potential Third Party Obligation
    
Balance, original   31,807,700
Balance, beginning 3,468,800 (28,077,500)
Acquisitions   (28,077,500)
Option payments   (68,100)
Arapahoe Tap fees   (159,900) [1]
Export Water Sale Payments (47,400) (33,400)
Balance, ending 3,421,400 3,468,800
Participating Interests Liability
    
Balance, original   11,090,600
Balance, beginning 1,208,900 (9,790,000)
Acquisitions   (9,790,000)
Option payments   (23,800)
Arapahoe Tap fees   (55,800) [1]
Export Water Sale Payments (16,000) (12,100)
Balance, ending 1,192,910 1,208,900
Contingency
    
Balance, original   20,717,100
Balance, beginning 2,259,900 (18,287,500)
Acquisitions   (18,287,500)
Option payments   (44,300)
Arapahoe Tap fees   (104,100) [1]
Export Water Sale Payments (31,400) (21,300)
Balance, ending $ 2,228,500 $ 2,259,900
[1] The Arapahoe County tap fees are less $34,522 in royalties paid to the Land Board.