Quarterly report pursuant to Section 13 or 15(d)

WATER AND LAND ASSETS (Tables)

v3.20.1
WATER AND LAND ASSETS (Tables)
6 Months Ended
Feb. 29, 2020
WATER AND LAND ASSETS [Abstract]  
Investments in Water and Water Systems
The Company’s Investments in Water and Water Systems consist of the following costs and accumulated depreciation and depletion at February 29, 2020 and August 31, 2019:

   
February 29, 2020
   
August 31, 2019
 
   
Costs
   
Accumulated
Depreciation
and Depletion
   
Costs
   
Accumulated
Depreciation
and Depletion
 
Rangeview Water Supply
 
$
14,827,200
   
$
(15,100
)
 
$
14,823,800
   
$
(14,700
)
Sky Ranch water rights and other costs
   
7,477,900
     
(865,500
)
   
7,371,500
     
(757,400
)
Fairgrounds water and water system
   
2,899,800
     
(1,195,000
)
   
2,899,800
     
(1,151,000
)
Rangeview water system
   
15,895,300
     
(509,000
)
   
5,617,800
     
(372,300
)
Water Supply – Other
   
7,423,400
     
(975,700
)
   
4,758,200
     
(860,100
)
Wild Pointe service rights
   
1,631,800
     
(620,200
)
   
1,631,800
     
(489,800
)
Sky Ranch pipeline
   
5,727,300
     
(507,100
)
   
5,723,700
     
(411,600
)
Lost Creek water supply
   
3,356,800
     
     
3,324,000
     
 
Construction in progress
   
768,300
     
     
8,176,600
     
 
Totals
   
60,007,800
     
(4,687,600
)
   
54,327,200
     
(4,056,900
)
Net investments in water and water systems
 
$
55,320,200
           
$
50,270,300