FAIR VALUE MEASUREMENTS (Details 1) (USD $)
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3 Months Ended | |
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Nov. 30, 2014
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Nov. 30, 2013
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Imputed interest recorded as "Other Expense" | $ (23,816)us-gaap_InterestExpenseOther | $ (657,235)us-gaap_InterestExpenseOther |
Gross Estimated Tap Participation Fee Liability | ||
Balance, beginning |
12,038,300us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue / us-gaap_FairValueByLiabilityClassAxis = pcyo_GrossEstimatedTapParticipationFeeLiabilityMember |
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Total gains and losses (realized and unrealized) | ||
Imputed interest recorded as "Other Expense" | ||
Purchases, sales, issuances, payments, and reductions resulting from foreclosures |
(10,013,900)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements / us-gaap_FairValueByLiabilityClassAxis = pcyo_GrossEstimatedTapParticipationFeeLiabilityMember |
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Transfers in and/or out of Level 3 | ||
Balance, ending |
2,024,400us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue / us-gaap_FairValueByLiabilityClassAxis = pcyo_GrossEstimatedTapParticipationFeeLiabilityMember |
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Tap Participation Fee Reported Liability | ||
Balance, beginning |
7,935,300us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue / us-gaap_FairValueByLiabilityClassAxis = pcyo_TapParticipationFeeReportLiabilityMember |
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Total gains and losses (realized and unrealized) | ||
Imputed interest recorded as "Other Expense" |
23,800us-gaap_InterestExpenseOther / us-gaap_FairValueByLiabilityClassAxis = pcyo_TapParticipationFeeReportLiabilityMember |
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Purchases, sales, issuances, payments, and reductions resulting from foreclosures |
(6,227,300)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements / us-gaap_FairValueByLiabilityClassAxis = pcyo_TapParticipationFeeReportLiabilityMember |
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Transfers in and/or out of Level 3 | ||
Balance, ending |
1,731,800us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue / us-gaap_FairValueByLiabilityClassAxis = pcyo_TapParticipationFeeReportLiabilityMember |
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Discount To Be Imputed As Interest Expense In Future Periods | ||
Balance, beginning |
4,103,000us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue / us-gaap_FairValueByLiabilityClassAxis = pcyo_DiscountToBeImputedAsInterestExpenseInFuturePeriodsMember |
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Total gains and losses (realized and unrealized) | ||
Imputed interest recorded as "Other Expense" |
(23,800)us-gaap_InterestExpenseOther / us-gaap_FairValueByLiabilityClassAxis = pcyo_DiscountToBeImputedAsInterestExpenseInFuturePeriodsMember |
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Purchases, sales, issuances, payments, and reductions resulting from foreclosures |
(3,786,600)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements / us-gaap_FairValueByLiabilityClassAxis = pcyo_DiscountToBeImputedAsInterestExpenseInFuturePeriodsMember |
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Transfers in and/or out of Level 3 | ||
Balance, ending |
$ 292,600us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue / us-gaap_FairValueByLiabilityClassAxis = pcyo_DiscountToBeImputedAsInterestExpenseInFuturePeriodsMember |
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- Definition
Amount of gain (loss) recognized in the income statement for financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of purchases, (sales), issuances and (settlements) of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of transfer of financial instrument classified as an asset into (out of) level 3 of the fair value hierarchy. No definition available.
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- Definition
Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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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