Annual report pursuant to Section 13 and 15(d)

PARTICIPATING INTERESTS IN EXPORT WATER (Details)

v3.20.2
PARTICIPATING INTERESTS IN EXPORT WATER (Details) - USD ($)
 12 Months Ended
Aug. 31, 2020
Aug. 31, 2019
Aug. 31, 2018
PARTICIPATING INTERESTS IN EXPORT WATER [Abstract]      
Percentage of original recorded liability compared to original total liability 35.00%    
Percentage of payment remitted to CAA holders allocated to recorded liability account 35.00%    
Percentage of payment remitted to CAA holders allocated to contingent obligation 65.00%    
Percentage of net proceeds from sale of export water allocated 88.00%    
Export Water Proceeds Received [Roll Forward]      
Balance at beginning of period $ 1,547,000 $ 1,380,700 $ 0
Acquisitions     0
Relinquishment     0
Option payments - Sky Ranch and The Hills at Sky Ranch     110,400
Arapahoe County tap fees     533,000
Export water sale payments 106,600 166,300 737,300
Balance at end of period 1,653,600 1,547,000 1,380,700
Initial Export Water Proceeds to Pure Cycle [Roll Forward]      
Balance at beginning of period 29,491,600 29,638,100 218,500
Acquisitions     28,042,500
Relinquishment     2,386,400
Option payments - Sky Ranch and The Hills at Sky Ranch     (42,300)
Arapahoe County tap fees     (373,100)
Export water sale payments (93,900) (146,500) (593,900)
Balance at end of period 29,397,700 29,491,600 29,638,100
Total Potential Third-Party Obligation [Roll Forward]      
Balance at beginning of period 987,600 1,007,400 31,807,700
Acquisitions     (28,042,500)
Relinquishment     (2,386,400)
Option payments - Sky Ranch and The Hills at Sky Ranch     (68,100)
Arapahoe County tap fees     (159,900)
Export water sale payments (12,700) (19,800) (143,400)
Balance at end of period 974,900 987,600 1,007,400
Participating Interests Liability [Roll Forward]      
Balance at beginning of period 332,140 339,100 11,090,600
Acquisitions     (9,790,000)
Relinquishment     (832,100)
Option payments - Sky Ranch and The Hills at Sky Ranch     (23,800)
Arapahoe County tap fees     (55,800)
Export water sale payments (4,500) (6,900) (49,800)
Balance at end of period 327,718 332,140 339,100
Contingency [Roll Forward]      
Balance at beginning of period 655,400 668,300 20,717,100
Acquisitions     (18,252,500)
Relinquishment     (1,554,300)
Option payments - Sky Ranch and The Hills at Sky Ranch     (44,300)
Arapahoe County tap fees     (104,100)
Export water sale payments (8,200) (12,900) (93,600)
Balance at end of period 647,200 $ 655,400 $ 668,300
Export Water [Abstract]      
Expected future export water payouts 6,300,000    
Revenue receivables from sale of export water 5,600,000    
Land Board Royalty expenses $ 220,000