SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) |
12 Months Ended | ||
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Aug. 31, 2016
USD ($)
shares
gal
|
Aug. 31, 2015
USD ($)
shares
gal
|
Aug. 31, 2014
USD ($)
shares
gal
|
|
Water delivered to customers | gal | 33,900,000 | 97,500,000 | 190,100,000 |
Water tap fees recognized | $ 14,294 | $ 14,294 | $ 14,294 |
Special facility (deferred construction) funding recognized | $ 41,508 | $ 41,508 | $ 41,508 |
Antidilutive securities excluded from earnings per share calculation | shares | 338,100 | 312,100 | 315,100 |
Interest | $ 0 | $ 441,400 | $ 310,400 |
Allowance for uncollectible accounts | 0 | 0 | |
Stock-based compensation expense | 219,886 | 239,986 | 251,915 |
Oil And Gas Lease | |||
Royalty revenue | 343,600 | 412,600 | |
Lease revenue from up-front payments | 360,800 | $ 645,700 | $ 525,400 |
Deferred revenue recognizable | $ 19,000 |
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- References 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 Custom Element. No definition available.
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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 The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The total amount of revenue recognized for the period from operating leases, including minimum lease revenue, contingent revenue, percentage revenue and sublease revenue. 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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- Definition Allowance for uncollectible accounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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