Quarterly report pursuant to Section 13 or 15(d)

REVENUE RECOGNITION AND REIMBURSABLE COSTS, Reimbursable Costs (Details)

v3.21.1
REVENUE RECOGNITION AND REIMBURSABLE COSTS, Reimbursable Costs (Details)
$ in Thousands
 1 Months Ended 3 Months Ended 6 Months Ended
Nov. 30, 2019
USD ($)
Feb. 28, 2021
USD ($)
Lot
Feb. 29, 2020
USD ($)
Feb. 28, 2021
USD ($)
Segment
Format
Agreement
Lot
Feb. 29, 2020
USD ($)
Aug. 31, 2020
USD ($)
Revenue Recognition and Reimbursable Costs [Abstract]            
Number of operating segments | Segment       2    
Number of formats used for selling finished lots to home builders | Format       2    
Revenues   $ 4,739 $ 3,519 $ 9,607 $ 13,979  
Interest income   1,448 84 1,463 138  
Recognition of public improvement reimbursables   $ 18,894 0 18,894 0  
Recognition of public improvement reimbursables       $ 21,466    
Number of initial lots | Lot   506   506    
Project Management Fees - Recognized [Member]            
Revenue Recognition and Reimbursable Costs [Abstract]            
Revenues   $ 1,548 $ 0 $ 1,548 $ 0  
Phase 1 Reimbursable Costs [Member]            
Revenue Recognition and Reimbursable Costs [Abstract]            
Amounts payable to Pure Cycle by the Sky Ranch CAB   21,466   21,466   $ 0
Sky Ranch CAB [Member]            
Revenue Recognition and Reimbursable Costs [Abstract]            
Reimbursement for advances made to fund construction of public improvements $ 10,500          
Reimbursement for advances made to fund construction of public improvements with proceeds from unencumbered funds       400    
Interest income   1,000   1,000    
Recognition of public improvement reimbursables   18,894   $ 18,894    
Interest rate       6.00%    
Number of service agreements for project management services | Agreement       2    
Project management fee       5.00%    
Sky Ranch CAB [Member] | Bonds [Member]            
Revenue Recognition and Reimbursable Costs [Abstract]            
Face amount $ 13,200          
Sky Ranch CAB [Member] | Project Management Fees - Recognized [Member]            
Revenue Recognition and Reimbursable Costs [Abstract]            
Revenues   1,548   $ 1,548    
Sky Ranch CAB [Member] | Phase 1 Reimbursable Costs [Member]            
Revenue Recognition and Reimbursable Costs [Abstract]            
Costs incurred to date   32,371   32,371    
Payments repaid by Sky Ranch CAB   10,905   10,905    
Amounts payable to Pure Cycle by the Sky Ranch CAB   21,466   21,466    
Additional costs to be incurred through the end of calendar year 2021   900   900    
Sky Ranch CAB [Member] | Phase 1 Public Improvements, Including Construction Support Activities [Member]            
Revenue Recognition and Reimbursable Costs [Abstract]            
Costs incurred to date   29,400   29,400    
Sky Ranch CAB [Member] | Phase 1 Public Improvements [Member]            
Revenue Recognition and Reimbursable Costs [Abstract]            
Costs incurred to date   28,565   28,565    
Payments repaid by Sky Ranch CAB   10,505   10,505    
Amounts payable to Pure Cycle by the Sky Ranch CAB   18,060   18,060    
Additional costs to be incurred through the end of calendar year 2021   600   600    
Sky Ranch CAB [Member] | Phase 1 Accrued Interest [Member]            
Revenue Recognition and Reimbursable Costs [Abstract]            
Costs incurred to date   1,433   1,433    
Payments repaid by Sky Ranch CAB   400   400    
Amounts payable to Pure Cycle by the Sky Ranch CAB   1,033   1,033    
Sky Ranch CAB [Member] | Phase 1 Project Management Services [Member]            
Revenue Recognition and Reimbursable Costs [Abstract]            
Costs incurred to date   1,539   1,539    
Payments repaid by Sky Ranch CAB   0   0    
Amounts payable to Pure Cycle by the Sky Ranch CAB   1,539   1,539    
Sky Ranch CAB [Member] | Phase 1 Construction Support Activities [Member]            
Revenue Recognition and Reimbursable Costs [Abstract]            
Costs incurred to date   834   834    
Payments repaid by Sky Ranch CAB   0   0    
Amounts payable to Pure Cycle by the Sky Ranch CAB   834   834    
Sky Ranch CAB [Member] | Phase 2 Reimbursable Costs [Member]            
Revenue Recognition and Reimbursable Costs [Abstract]            
Costs incurred to date   315   315    
Payments repaid by Sky Ranch CAB   0   0    
Amounts payable to Pure Cycle by the Sky Ranch CAB   315   315    
Sky Ranch CAB [Member] | Phase 2 Public Improvements [Member]            
Revenue Recognition and Reimbursable Costs [Abstract]            
Costs incurred to date   315   315    
Payments repaid by Sky Ranch CAB   0   0    
Amounts payable to Pure Cycle by the Sky Ranch CAB   $ 315   $ 315