Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Revenue Recognition (Details)

v3.19.3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Revenue Recognition (Details)
gal in Millions
 3 Months Ended 12 Months Ended
Aug. 31, 2019
USD ($)
a
May 31, 2019
USD ($)
Feb. 28, 2019
USD ($)
Nov. 30, 2018
USD ($)
Aug. 31, 2018
USD ($)
May 31, 2018
USD ($)
Feb. 28, 2018
USD ($)
Nov. 30, 2017
USD ($)
Aug. 31, 2019
USD ($)
a
BusinessLine
Source
HomeBuilders
Lot
Agreement
gal
Aug. 31, 2018
USD ($)
gal
Sep. 20, 2017
USD ($)
Aug. 31, 2017
USD ($)
Revenue Recognition [Abstract]                        
Number of business lines | BusinessLine                 2      
Number of revenue sources | Source                 3      
Total revenues $ 9,474,000 $ 5,185,000 $ 2,630,000 $ 3,073,000 $ 3,892,000 $ 1,212,000 $ 845,000 $ 1,010,000 $ 20,361,509 [1] $ 6,959,199 [1]    
Land [Abstract]                        
Deferred revenue $ 5,058,883       477,161       $ 5,058,883 477,161   $ 1,055,488
Area of land (in acres) | a 930               930      
Number of home builders | HomeBuilders                 3      
Contract revenues recognized                 $ (20,361,509) $ (2,190,039)    
Construction support amount invoiced                 $ 430,300      
Metered Water Usage [Member]                        
Revenue Recognition [Abstract]                        
Water delivered to customers | gal                 356.1 406.6    
Percentage of water used for oil and gas exploration                 84.00% 77.00%    
Total revenues                 $ 4,654,344 $ 4,555,912    
Wastewater Treatment Fees [Member]                        
Revenue Recognition [Abstract]                        
Total revenues                 35,818 46,199    
Water Tap Fees Recognized [Member]                        
Revenue Recognition [Abstract]                        
Total revenues                 3,544,737 49,948    
Water Tap Fees [Member]                        
Revenue Recognition [Abstract]                        
Total revenues                 3,018,300 49,900    
Wastewater Tap Fees [Member]                        
Revenue Recognition [Abstract]                        
Total revenues                 526,400 0    
Special Facility Funding Recognized [Member]                        
Revenue Recognition [Abstract]                        
Total revenues                 0 0    
Water Tap and Construction Fee [Member]                        
Land [Abstract]                        
Deferred revenue $ 0       0       0 0    
Other [Member]                        
Revenue Recognition [Abstract]                        
Total revenues                 170,621 168,190    
Consulting Fees [Member]                        
Revenue Recognition [Abstract]                        
Total revenues                 158,600 142,700    
Lot Sales [Member]                        
Revenue Recognition [Abstract]                        
Total revenues                 11,955,989 2,138,950    
Land [Abstract]                        
Deferred revenue 3,991,500       361,100       3,991,500 361,100    
Lot Sales - Agreement with Purchaser [Member]                        
Revenue Recognition [Abstract]                        
Total revenues                 $ 4,053,800 0    
Land [Abstract]                        
Number of home builders | HomeBuilders                 1      
Number of finished lots sold | Lot                 57      
Lot Sales - Agreement with Builder [Member]                        
Revenue Recognition [Abstract]                        
Total revenues                 $ 7,900,000 2,100,000    
Land [Abstract]                        
Proceeds from sale of lots                 $ 14,000,000      
Number of home builders | HomeBuilders                 2      
Number of platted lots sold | Lot                 198      
Contract revenues recognized                 $ (10,000,000)      
Expected delivery period for lots sold                 1 year      
Project Management Services [Member]                        
Land [Abstract]                        
Number of service agreements | Agreement                 2      
Project management fee percentage                 5.00%      
Project management services - accrued reimbursable amount 860,300               $ 860,300      
Bison Lease [Member]                        
Land [Abstract]                        
Deferred revenue $ 60,400       $ 167,200       60,400 167,200 $ 167,200  
Contract revenues recognized                 $ (55,700) $ (51,100)    
[1] The Company had other income from non-segment sources (oil and gas, interest and other) of $529,293 and $441,407 for the fiscal years ended August 31, 2019 and 2018, respectively.