Pure Cycle Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- PRESENTATION OF INTERIM INFORMATION (Policies)
Notes Tables
Notes Details

LONG-TERM OBLIGATIONS AND OPERATING LEASE, Operating Lease (Details)

v3.21.2

LONG-TERM OBLIGATIONS AND OPERATING LEASE, Operating Lease (Details)	9 Months Ended
	May 31, 2021 USD ($) ft²	May 31, 2020 USD ($)	Aug. 31, 2020 USD ($)	Aug. 31, 2019
Lease Commitments [Abstract]
Area of office and warehouse \| ft²	11,393
Operating lease term	3 years
Monthly base rent of operating lease	$ 6,600
Operating lease extension term	2 years
Percentage of increase in primary base payment for operating lease	12.50%
ROU Lease Assets and Lease Liabilities [Abstract]
Operating leases - right of use assets	$ 141,000		$ 196,000
Lease Liabilities [Abstract]
Lease obligations - operating leases, current portion	82,000		74,000
Lease obligations - operating leases, net of current portion	58,000		120,000
Total lease liability	$ 140,000		$ 194,000
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accrued Liabilities, Current		Accrued Liabilities, Current
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Lease obligations - operating leases, net of current portion		Lease obligations - operating leases, net of current portion
Weighted average remaining lease term	1 year 8 months 12 days		2 years 4 months 24 days
Weighted average discount rate	6.00%		6.00%	6.00%
Maximum [Member]
Lease Commitments [Abstract]
Operating lease expense	$ 100,000	$ 100,000
Payment against lease obligation, operating lease	$ 100,000	$ 100,000

- Definition

The amount of rental expense payable per month for operating leases.

+ References

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The percentage of increase in primary base payment of operating lease for extended period.

+ References

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- Definition

Area of a real estate property.

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- Definition

Term of lessee's operating lease renewal, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
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Term of lessee's operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

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- Definition

Amount of operating lease expense. Excludes sublease income.

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- Definition

Present value of lessee's discounted obligation for lease payments from operating lease.

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- Definition

Present value of lessee's discounted obligation for lease payments from operating lease, classified as current.

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- Definition

Indicates line item in statement of financial position that includes current operating lease liability.

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- Definition

Present value of lessee's discounted obligation for lease payments from operating lease, classified as noncurrent.

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Indicates line item in statement of financial position that includes noncurrent operating lease liability.

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- Definition

Amount of cash outflow from operating lease, excluding payments to bring another asset to condition and location necessary for its intended use.

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- Definition

Amount of lessee's right to use underlying asset under operating lease.

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- Definition

Weighted average discount rate for operating lease calculated at point in time.

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- Definition

Weighted average remaining lease term for operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

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