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PARTICIPATING INTERESTS IN EXPORT WATER (Details Narrative) (USD $)
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12 Months Ended | |
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Aug. 31, 2014
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Aug. 31, 2013
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| Recorded Portion Of Contingent Obligation | $ 354,628 | $ 1,192,910 |
| Tap Participation Fee liability | 7,935,262 | 59,807,289 |
| Gain on the extinguishment of debt | 832,100 | |
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First Priority Payout
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| Deferred Revenue | 6,200,000 | |
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Remaining First Priority Payout
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| Deferred Revenue | $ 7,000,000 |
| X | ||||||||||
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- Definition
The contingent obligation for participating interests in export water. No definition available.
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| X | ||||||||||
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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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| X | ||||||||||
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- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregated carrying amounts of obligations as of the balance sheet date, excluding long-term debt, incurred as part of the normal operations that are expected to be paid after one year or beyond the normal operating cycle, if longer. Alternate captions include Total Deferred Credits and Other Liabilities. No definition available.
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