Pure Cycle Corporation Quarterly report pursuant to Section 13 or 15(d)

3. WATER AND LAND ASSETS (Details) (USD $)	Feb. 28, 2015	Aug. 31, 2014
Costs	$ 97,631,800us-gaap_PropertyPlantAndEquipmentGross	$ 93,293,300us-gaap_PropertyPlantAndEquipmentGross
Accumulated Depreciation and Depletion	(2,630,200)	(2,469,400)
Net investments in water and water systems	95,001,643us-gaap_PropertyPlantAndEquipmentNet	90,823,916us-gaap_PropertyPlantAndEquipmentNet
Arkansas River Valley Assets
Costs	68,820,800	67,746,400
Accumulated Depreciation and Depletion	(1,488,600)	(1,488,600)
Rangeview Water Supply
Costs	14,444,600	14,444,600
Accumulated Depreciation and Depletion	(8,600)	(8,400)
Sky Ranch Water Rights And Other Costs
Costs	6,533,900	6,004,000
Accumulated Depreciation and Depletion	(145,200)	(93,000)
Fairgrounds Water And Water System
Costs	2,899,900	2,899,900
Accumulated Depreciation and Depletion	(754,700)	(710,600)
Rangeview Water System
Costs	1,253,100	1,148,200
Accumulated Depreciation and Depletion	(89,600)	(77,900)
Water Supply Other
Costs	3,679,500	1,050,200
Accumulated Depreciation and Depletion	$ (143,500)	$ (90,900)