Quarterly report pursuant to Section 13 or 15(d)

PRESENTATION OF INTERIM INFORMATION, Changes in Contract Asset and Deferred Revenue (Details)

v3.20.2
PRESENTATION OF INTERIM INFORMATION, Changes in Contract Asset and Deferred Revenue (Details)
6 Months Ended 9 Months Ended 12 Months Ended
Aug. 31, 2019
USD ($)
May 31, 2020
USD ($)
Lot
Aug. 31, 2019
USD ($)
Changes in Contract Asset [Abstract]      
Balance, beginning of period   $ 0 $ 0
Recognition of land development revenue contract asset   0 1,020,146
Land development contract asset invoiced   0 (1,020,146)
Balance, end of period $ 0 0 0
Changes in Deferred Revenue [Abstract]      
Balance, beginning of period   5,058,883 477,161
Deferral of revenue   15,949,872 24,998,964
Recognition of unearned revenue   (16,014,951) (20,417,242)
Balance, end of period 5,058,883 4,993,804 5,058,883
Current portion of deferred revenue 706,464 2,254,830 706,464
Sky Ranch [Member]      
Changes in Deferred Revenue [Abstract]      
Balance, end of period   2,000,000  
Revenue, Performance Obligation [Abstract]      
Remaining performance obligation   $ 12,957,000  
Number of unsold lots | Lot   115  
Number of initial lots | Lot   506  
Remaining performance obligation expected to be recognized in the next 12 months   98.00%  
Wholesale Water and Wastewater Services [Member]      
Changes in Contract Asset [Abstract]      
Balance, beginning of period   $ 0  
Balance, end of period 0 0 0
Land Development Activities [Member]      
Changes in Deferred Revenue [Abstract]      
Balance, beginning of period   3,991,535  
Recognition of unearned revenue (11,955,989) (11,503,523)  
Balance, end of period 3,991,535 2,526,155 3,991,535
Oil and Gas Leases and Water Sales Payment [Member]      
Changes in Deferred Revenue [Abstract]      
Balance, beginning of period   1,067,348  
Recognition of unearned revenue (8,461,253) (4,511,428)  
Balance, end of period 1,067,348 2,467,649 1,067,348
Current portion of deferred revenue $ 706,464 $ 2,254,830 $ 706,464