Quarterly report pursuant to Section 13 or 15(d)

REVENUE RECOGNITION AND REIMBURSABLE COSTS, Reimbursable Costs (Details)

v3.21.2
REVENUE RECOGNITION AND REIMBURSABLE COSTS, Reimbursable Costs (Details)
 1 Months Ended 3 Months Ended 9 Months Ended
Jan. 31, 2021
USD ($)
Nov. 30, 2019
USD ($)
May 31, 2021
USD ($)
item
May 31, 2020
USD ($)
May 31, 2021
USD ($)
item
agreement
segment
May 31, 2020
USD ($)
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 | item         2    
Revenues     $ 2,666,000 $ 1,850,000 $ 12,273,000 $ 15,829,000  
Project Management Fees - Recognized [Member]              
Revenue Recognition and Reimbursable Costs [Abstract]              
Revenues     23,000 0 1,571,000 0  
Phase 1 Reimbursable Costs [Member]              
Revenue Recognition and Reimbursable Costs [Abstract]              
Amounts payable to Pure Cycle by the Sky Ranch CAB     21,316,000   $ 21,316,000   $ 0
Project Management Fees And Other Income [Member]              
Revenue Recognition and Reimbursable Costs [Abstract]              
Increase (decrease) in notes receivable related party     600,000        
Sky Ranch CAB [Member]              
Revenue Recognition and Reimbursable Costs [Abstract]              
Reimbursement for advances made to fund construction of public improvements   $ 10,500,000          
Reimbursement for advances made to fund construction of public improvements with proceeds from unencumbered funds $ 400,000            
Interest rate         6.00%    
Number of service agreements for project management services | agreement         2    
Project management fee         5.00%    
Recognition of public improvement reimbursables         $ 21,300,000    
Sky Ranch CAB [Member] | Bonds [Member]              
Revenue Recognition and Reimbursable Costs [Abstract]              
Face amount   13,200,000          
Sky Ranch CAB [Member] | Project Management Fees - Recognized [Member]              
Revenue Recognition and Reimbursable Costs [Abstract]              
Revenues     23,000   1,600,000    
Sky Ranch CAB [Member] | Phase 1 Reimbursable Costs [Member]              
Revenue Recognition and Reimbursable Costs [Abstract]              
Costs incurred to date excluding accrued interest     29,600,000   29,600,000    
Increase (decrease) in notes receivable related party     600,000        
Costs incurred to date   $ 32,200,000 32,221,000   32,221,000    
Payments repaid by Sky Ranch CAB     10,905,000   10,905,000    
Amounts payable to Pure Cycle by the Sky Ranch CAB     21,316,000 $ 21,300,000 21,316,000 $ 21,300,000  
Additional costs to be incurred through the end of calendar year 2021     $ 500,000   $ 500,000    
Number of initial lots | item     506   506    
Sky Ranch CAB [Member] | Phase 1 Reimbursable Public Improvements And Construction Support Activities And Accrued Interest [Member]              
Revenue Recognition and Reimbursable Costs [Abstract]              
Costs incurred to date     $ 32,200,000   $ 32,200,000    
Sky Ranch CAB [Member] | Phase 1 Public Improvements [Member]              
Revenue Recognition and Reimbursable Costs [Abstract]              
Costs incurred to date     27,205,000   27,205,000    
Payments repaid by Sky Ranch CAB     10,505,000   10,505,000    
Amounts payable to Pure Cycle by the Sky Ranch CAB     16,700,000   16,700,000    
Additional costs to be incurred through the end of calendar year 2021     400,000   400,000    
Sky Ranch CAB [Member] | Phase 1 Accrued Interest [Member]              
Revenue Recognition and Reimbursable Costs [Abstract]              
Costs incurred to date     2,626,000   2,626,000    
Payments repaid by Sky Ranch CAB     400,000   400,000    
Amounts payable to Pure Cycle by the Sky Ranch CAB     2,226,000   2,226,000    
Sky Ranch CAB [Member] | Phase 1 Project Management Services [Member]              
Revenue Recognition and Reimbursable Costs [Abstract]              
Costs incurred to date     1,556,000   1,556,000    
Payments repaid by Sky Ranch CAB     0   0    
Amounts payable to Pure Cycle by the Sky Ranch CAB     1,556,000   1,556,000    
Sky Ranch CAB [Member] | Phase 1 Construction Support Activities [Member]              
Revenue Recognition and Reimbursable Costs [Abstract]              
Costs incurred to date     834,000   834,000    
Payments repaid by Sky Ranch CAB     0   0    
Amounts payable to Pure Cycle by the Sky Ranch CAB     834,000   834,000    
Sky Ranch CAB [Member] | Phase 2 Reimbursable Costs [Member]              
Revenue Recognition and Reimbursable Costs [Abstract]              
Costs incurred to date     444,000   444,000    
Payments repaid by Sky Ranch CAB     0   0    
Amounts payable to Pure Cycle by the Sky Ranch CAB     444,000   444,000    
Sky Ranch CAB [Member] | Phase 2 Public Improvements [Member]              
Revenue Recognition and Reimbursable Costs [Abstract]              
Costs incurred to date     444,000   444,000    
Payments repaid by Sky Ranch CAB     0   0    
Amounts payable to Pure Cycle by the Sky Ranch CAB     $ 444,000   $ 444,000