Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.19.1
FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Feb. 28, 2019
FAIR VALUE MEASUREMENTS [Abstract]  
Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table provides information on the assets and liabilities measured at fair value on a recurring basis as of February 28, 2019:

               
Fair Value Measurement Using:
        
   
Fair Value
    
Cost /
Other Value
    
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
    
Significant
Other
Observable
Inputs
(Level 2)
    
Significant
Unobservable
Inputs
(Level 3)
    
Accumulated
Unrealized
Gains and
(Losses)
  
U.S. Treasury debt securities
  
$
6,938,600
    
$
6,925,900
    
$
—
    
$
6,938,600
    
$
—
    
$
12,700
  
Total
  
$
6,938,600
    
$
6,925,900
    
$
—
    
$
6,938,600
    
$
—
    
$
12,700
  

The following table provides information on the assets and liabilities measured at fair value on a recurring basis as of August 31, 2018:

               
Fair Value Measurement Using:
        
   
Fair Value
    
Cost /
Other Value
    
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
    
Significant
Other
Observable
Inputs
(Level 2)
    
Significant
Unobservable
Inputs
(Level 3)
    
Accumulated
Unrealized
Gains and
(Losses)
  
U.S. Treasury debt securities
  
$
8,718,000
    
$
8,644,900
    
$
—
    
$
8,718,000
    
$
—
    
$
66,400
  
Total
  
$
8,718,000
    
$
8,644,900
    
$
—
    
$
8,718,000
    
$
—
    
$
66,400