Quarterly report pursuant to Section 13 or 15(d)

3. WATER AND LAND ASSETS (Details)

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3. WATER AND LAND ASSETS (Details) - USD ($)
May 31, 2017
Aug. 31, 2016
Costs $ 36,339,600 $ 30,003,200
Accumulated Depreciation and Depletion (1,996,100) (1,681,300)
Net investments in water and water systems 34,343,476 28,321,926
Rangeview Water Supply    
Costs 14,495,400 14,444,600
Accumulated Depreciation and Depletion (10,000) (9,400)
Sky Ranch Water Rights And Other Costs    
Costs 6,723,000 6,607,400
Accumulated Depreciation and Depletion (411,348) (334,500)
Fairgrounds Water And Water System    
Costs 2,899,800 2,899,900
Accumulated Depreciation and Depletion (952,800) (886,800)
Rangeview Water System    
Costs 1,639,000 1,624,800
Accumulated Depreciation and Depletion (193,300) (152,800)
Water Supply - Other    
Costs 3,886,000 3,703,000
Accumulated Depreciation and Depletion (375,500) (297,800)
Wild Pointe Service Rights    
Costs 1,661,000 0
Accumulated Depreciation and Depletion (53,152) 0
Construction in Progress    
Costs 5,035,400 723,500
Accumulated Depreciation and Depletion $ 0 $ 0