PRESENTATION OF INTERIM INFORMATION (Details Narrative) (USD $)
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3 Months Ended | ||
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Nov. 30, 2013
acre
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Nov. 30, 2012
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Aug. 31, 2013
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Number of water taps subject to tap participation fee | 13,830 | ||
Interest Expense, Other | $ 657,235 | $ 894,648 | |
Recognition Of Deferred Water Tap Fees | 3,574 | 3,574 | |
Recognition Of Deferred Construction Funding | 10,377 | 10,377 | |
Allowance for Doubtful Accounts Receivable, Current | 41,100 | 41,100 | |
Royalty Revenue | 106,800 | 103,600 | |
Deferred Revenue, Leases, Net | 1,243,400 | ||
Number of acres for exploration and development | 634 | ||
Share-based Compensation | 54,794 | 10,633 | |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in Shares) | 347,600 | 215,100 | |
Remaining First Priortiy Payout
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Deferred Revenue | 7,100,000 | ||
Farm Income
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Deferred Revenue | 76,100 | 122,000 | |
County Tap And Construction Fee Deferred Revenue
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Deferred Revenue | 1,281,300 | 1,297,600 | |
Deferred O And G Lease Revenue
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Deferred Revenue | $ 128,700 | $ 235,500 |
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- Definition
The number of acres used for exploration and development. No definition available.
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- Definition
The number of water taps subject to a tap participation fee. No definition available.
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- Definition
Period recognition of construction funding for special facilities. No definition available.
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- Definition
Period recognition of water tap fees. No definition available.
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- Definition
A valuation allowance for trade and other receivables due to an Entity within one year (or the normal operating cycle, whichever is longer) that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred revenue as of balance sheet date. Deferred revenue represents collections of cash or other assets related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents revenue received, but not recognized for financial reporting purposes. Such deferred revenue may consist of and include amounts paid in advance by lessees and is net of the accumulated amortization of such amounts that to date have been recognized in revenue. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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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- Definition
Revenue earned during the period from the leasing or otherwise lending to a third party the entity's rights or title to certain property. Royalty revenue is derived from a percentage or stated amount of sales proceeds or revenue generated by the third party using the entity's property. Examples of property from which royalties may be derived include patents and oil and mineral rights. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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