Quarterly report pursuant to Section 13 or 15(d)

2. FAIR VALUE MEASUREMENTS (Details)

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2. FAIR VALUE MEASUREMENTS (Details) - USD ($)
 3 Months Ended 9 Months Ended
May. 31, 2015
May. 31, 2014
May. 31, 2015
May. 31, 2014
Imputed interest recorded as "Other Expense" $ 0 $ (248,847) $ (23,816) $ (1,309,085)
Gross Estimated Tap Participation Fee Liability        
Balance, beginning     12,038,300  
Total gains and losses (realized and unrealized)     0  
Imputed interest recorded as "Other Expense"     0  
Purchases, sales, issuances, payments, and reductions resulting from foreclosures     (12,038,300)  
Transfers in and/or out of Level 3     0  
Balance, ending 0   0  
Tap Participation Fee Reported Liability        
Balance, beginning     7,935,300  
Total gains and losses (realized and unrealized)     0  
Imputed interest recorded as "Other Expense"     23,800  
Purchases, sales, issuances, payments, and reductions resulting from foreclosures     (7,959,100)  
Transfers in and/or out of Level 3     0  
Balance, ending 0   0  
Discount To Be Imputed As Interest Expense In Future Periods        
Balance, beginning     4,103,000  
Total gains and losses (realized and unrealized)     0  
Imputed interest recorded as "Other Expense"     (23,800)  
Purchases, sales, issuances, payments, and reductions resulting from foreclosures     (4,079,200)  
Transfers in and/or out of Level 3     0  
Balance, ending $ 0   $ 0