SHAREHOLDERS' EQUITY, Preferred Stock (Details) - Series B Preferred Stock [Member] |
12 Months Ended |
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Aug. 31, 2018
USD ($)
$ / shares
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Preferred Stock [Abstract] | |
Liquidation preference (in dollars per share) | $ / shares | $ 1.00 |
Dividends receivable, threshold for proceeds or sale of export water rights | $ 432,513 |
Minimum [Member] | |
Preferred Stock [Abstract] | |
Proceeds from sale or disposition of export water rights, trigger for payment in dividends | $ 36,026,232 |
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- Definition Dividends receivable that relate to proceeds or sale of export water rights. No definition available.
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- Definition The proceeds from sale or disposition of export water rights, that will trigger for payment of proceeds in the form of dividends. No definition available.
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- References No definition available.
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- Definition The per share liquidation preference (or restrictions) of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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