Quarterly report pursuant to Section 13 or 15(d)

WATER AND LAND ASSETS (Details)

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WATER AND LAND ASSETS (Details) - USD ($)
 3 Months Ended
Nov. 30, 2019
Nov. 30, 2018
Aug. 31, 2019
Investment in Water and Water Systems [Abstract]      
Costs $ 55,792,900   $ 54,327,200
Accumulated depreciation and depletion (4,290,900)   (4,056,900)
Net investments in water and water systems 51,502,028   50,270,310
Depletion and Depreciation [Abstract]      
Depreciation 303,800 $ 238,700  
Rangeview Water Supply [Member]      
Investment in Water and Water Systems [Abstract]      
Costs 14,827,000   14,823,800
Accumulated depreciation and depletion (15,000)   (14,700)
Depletion and Depreciation [Abstract]      
Depletion 300 600  
Sky Ranch Water Rights and Other Costs [Member]      
Investment in Water and Water Systems [Abstract]      
Costs 7,452,100   7,371,500
Accumulated depreciation and depletion (811,500)   (757,400)
Fairgrounds Water And Water System [Member]      
Investment in Water and Water Systems [Abstract]      
Costs 2,899,800   2,899,800
Accumulated depreciation and depletion (1,173,000)   (1,151,000)
Rangeview Water System [Member]      
Investment in Water and Water Systems [Abstract]      
Costs 5,644,200   5,617,800
Accumulated depreciation and depletion (425,900)   (372,300)
Water Supply - Other [Member]      
Investment in Water and Water Systems [Abstract]      
Costs 4,761,200   4,758,200
Accumulated depreciation and depletion (916,400)   (860,100)
Wild Pointe Service Rights [Member]      
Investment in Water and Water Systems [Abstract]      
Costs 1,631,800   1,631,800
Accumulated depreciation and depletion (489,800)   (489,800)
Sky Ranch Pipeline [Member]      
Investment in Water and Water Systems [Abstract]      
Costs 5,727,200   5,723,700
Accumulated depreciation and depletion (459,300)   (411,600)
Lost Creek water supply [Member]      
Investment in Water and Water Systems [Abstract]      
Costs 3,342,600   3,324,000
Accumulated depreciation and depletion 0   0
Construction in Progress [Member]      
Investment in Water and Water Systems [Abstract]      
Costs 9,507,000   8,176,600
Accumulated depreciation and depletion 0   $ 0
Other Equipment [Member]      
Depletion and Depreciation [Abstract]      
Depreciation $ 84,800 $ 88,000