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Statements of Operations (USD $)
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12 Months Ended | ||
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Aug. 31, 2012
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Aug. 31, 2011
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Aug. 31, 2010
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| Metered water usage | $ 182,802 | $ 157,497 | $ 140,677 |
| Wastewater treatment fees | 45,778 | 68,833 | 67,626 |
| Special facility funding recognized | 41,508 | 41,508 | 41,508 |
| Water tap fees recognized | 14,296 | 14,296 | 14,296 |
| Total revenues | 284,384 | 282,134 | 264,107 |
| Other | (1,995) | ||
| Depletion and depreciation | (88,576) | (88,587) | (88,564) |
| Total cost of revenues | (187,984) | (159,693) | (161,808) |
| Gross margin | 96,400 | 122,441 | 102,299 |
| General and administrative expenses | (2,374,106) | (2,212,026) | (1,808,167) |
| Impairment of land and water rights held for sale | 5,544,022 | ||
| Impairment of water assets | (5,544,022) | ||
| Depreciation | (220,657) | (212,184) | (166,513) |
| Operating loss | (14,500,145) | (2,301,769) | (1,872,381) |
| Oil and gas lease income, net | 422,999 | 199,257 | |
| Interest income | 53,339 | 53,133 | 67,432 |
| Other | 3,552 | 31,887 | 24,283 |
| Gain on sale of assets | 1,016 | 9,404 | |
| Interest expensed on Convertible Note - Related Party | (151,667) | ||
| Interest imputed on the Tap Participation Fees payable to HP A&M | (3,470,523) | (3,847,000) | (3,620,000) |
| Net loss | (17,418,661) | (6,016,159) | (5,391,262) |
| Net loss per common share – basic and diluted (in Dollars per share) | $ (0.72) | $ (0.26) | $ (0.27) |
| Weighted average common shares outstanding – basic and diluted (in Shares) | 24,037,596 | 23,168,450 | 20,206,566 |
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Assets Held-for-sale [Member]
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| Impairment of land and water rights held for sale | (6,457,760) | ||
| Impairment of water assets | 6,457,760 | ||
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Farm Cost of Services [Member]
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| Farm income, net | 71,101 | ||
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Water Service [Member]
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| Service Operations | (78,144) | (51,882) | (52,439) |
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Wastewater Service [Member]
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| Service Operations | $ (19,269) | $ (19,224) | $ (20,805) |
| X | ||||||||||
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- Definition
The amount of previously reported deferred or unearned revenue related to construction funding that was recognized as revenue during the period. For cash flows, this element primarily pertains to amortization of deferred credits on long-term arrangements. As a noncash item, it is deducted from net income when calculating cash provided by or used in operations using the indirect method. No definition available.
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| X | ||||||||||
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- Definition
The amount of previously reported deferred or unearned revenue related to water taps sold that was recognized as revenue during the period. For cash flows, this element primarily pertains to amortization of deferred credits on long-term arrangements. As a noncash item, it is deducted from net income when calculating cash provided by or used in operations using the indirect method. No definition available.
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| X | ||||||||||
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- Definition
Total revenue from treatment of wastewater during the reporting period, in the normal course of business. No definition available.
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| X | ||||||||||
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- Definition
Aggregate depreciation, depletion and amortization expense in the current period for the cost of tangible assets, intangible assets, or depleting assets directly related to goods produced and sold during the reporting period. No definition available.
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| X | ||||||||||
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- Definition
The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total costs related to services rendered by an entity during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
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| X | ||||||||||
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- Definition
The difference between the sale price or salvage price and the book value of a property, plant, and equipment asset that was sold or retired during the reporting period. This element refers to the gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate amount of write-downs for impairments recognized during the period for long-lived assets held for abandonment, exchange or sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Interest expense on all other items not previously classified. For example, includes dividends associated with redeemable preferred stock of a subsidiary that is treated as a liability in the parent's consolidated balance sheet. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The after-tax amount of interest recognized in the period associated with any convertible debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Income derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments are for the use or forbearance of money. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate revenue during the period related to oil and gas business activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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| X | ||||||||||
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- Definition
Other costs incurred and are directly related to services rendered by an entity during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Reflects the sum of all other revenue and income recognized by the entity in the period not otherwise specified in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate amount of other income amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) profits on securities (net of losses), and (d) miscellaneous other income items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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