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

DEBT AND OTHER LONG-TERM OBLIGATIONS - Single Family Rental Notes (Details)

v3.24.4

DEBT AND OTHER LONG-TERM OBLIGATIONS - Single Family Rental Notes (Details)	Aug. 30, 2023 USD ($) home installment	Nov. 29, 2021 USD ($) item installment	Nov. 30, 2024
Debt Instrument [Line Items]
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]		us-gaap:PrimeRateMember
SFR Note 1
Debt Instrument [Line Items]
Number of single family homes being constructed \| item		3
Basis spread on variable rate		0.50%
Floor interest rate		3.75%
Ceiling interest rate		4.25%
Effective interest rate			4.25%
Debt Instrument, Percentage of Default Interest Rate		2.00%
Debt Instrument, Number of Interest Only Payments \| installment		6
Debt Instrument Interest Rate Increase Decrease \| installment		53
Debt Instrument, Periodic Payment		$ 4,600
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid		$ 900,000
Single family rental homes secured for debt \| item		3
Debt service coverage ratio		1.1
SFR Note 2
Debt Instrument [Line Items]
Number of single family homes being constructed \| home	11
Basis spread on variable rate	7.51%
Debt Instrument, Percentage of Default Interest Rate	5.00%
Debt Instrument Interest Rate Increase Decrease \| installment	59
Debt Instrument, Periodic Payment	$ 21,200
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid	$ 2,900,000
Single family rental homes secured for debt \| home	11
Aggregate principal amount	$ 3,000,000
Minimum EBITDA	$ 3,000,000

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