Quarterly report pursuant to Section 13 or 15(d)

WATER AND LAND ASSETS (Details)

v3.19.2
WATER AND LAND ASSETS (Details) - USD ($)
3 Months Ended 9 Months Ended
May 31, 2019
May 31, 2018
May 31, 2019
May 31, 2018
Aug. 31, 2018
Investment in Water and Water Systems [Abstract]          
Costs $ 47,269,100   $ 47,269,100   $ 39,735,200
Accumulated depreciation and depletion (3,654,500)   (3,654,500)   (3,013,300)
Net investments in water and water systems 43,614,590   43,614,590   36,721,884
Depletion and Depreciation [Abstract]          
Depreciation 322,700 $ 211,000 812,700 $ 554,700  
Rangeview Water Supply [Member]          
Investment in Water and Water Systems [Abstract]          
Costs 14,820,700   14,820,700   14,813,800
Accumulated depreciation and depletion (14,000)   (14,000)   (12,800)
Depletion and Depreciation [Abstract]          
Depletion 500 $ 4,300 1,300 $ 5,300  
Sky Ranch Water Rights and Other Costs [Member]          
Investment in Water and Water Systems [Abstract]          
Costs 7,361,000   7,361,000   7,171,700
Accumulated depreciation and depletion (704,600)   (704,600)   (561,400)
Fairgrounds Water And Water System [Member]          
Investment in Water and Water Systems [Abstract]          
Costs 2,899,900   2,899,900   2,899,900
Accumulated depreciation and depletion (1,129,000)   (1,129,000)   (1,062,900)
Rangeview Water System [Member]          
Investment in Water and Water Systems [Abstract]          
Costs 5,578,000   5,578,000   1,655,600
Accumulated depreciation and depletion (323,000)   (323,000)   (261,200)
Water Supply - Other [Member]          
Investment in Water and Water Systems [Abstract]          
Costs 4,430,100   4,430,100   4,337,200
Accumulated depreciation and depletion (803,400)   (803,400)   (625,300)
Wild Pointe Service Rights [Member]          
Investment in Water and Water Systems [Abstract]          
Costs 1,631,700   1,631,700   1,631,700
Accumulated depreciation and depletion (316,600)   (316,600)   (267,700)
Sky Ranch Pipeline [Member]          
Investment in Water and Water Systems [Abstract]          
Costs 5,707,000   5,707,000   5,615,900
Accumulated depreciation and depletion (363,900)   (363,900)   (222,000)
Construction in Progress [Member]          
Investment in Water and Water Systems [Abstract]          
Costs 4,840,700   4,840,700   1,609,400
Accumulated depreciation and depletion $ 0   $ 0   $ 0