Quarterly report pursuant to Section 13 or 15(d)

LONG-TERM OBLIGATIONS AND OPERATING LEASE, Long-Term Obligations (Details)

v3.8.0.1
LONG-TERM OBLIGATIONS AND OPERATING LEASE, Long-Term Obligations (Details)
 9 Months Ended 257 Months Ended
May 31, 2018
USD ($)
Member
Aug. 31, 2017
USD ($)
LONG-TERM OBLIGATIONS AND OPERATING LEASE [Abstract]    
Percentage of original recorded liability compared to original total liability 35.00%  
Percentage of payment remitted to CAA holders allocated to recorded liability account 35.00%  
Percentage of payment remitted to CAA holders allocated to contingent obligation 65.00%  
Percentage of net proceeds from sale of export water allocated 88.00%  
Export Water Proceeds Received [Roll Forward]    
Balance at beginning of period $ 1,319,900 $ 0
Acquisitions   0
Relinquishment   0
Option payments - Sky Ranch and The Hills at Sky Ranch   110,400
Arapahoe County tap fees [1]   533,000
Export water sale payments 51,900 676,500
Balance at end of period 1,371,800 1,319,900
Initial Export Water Proceeds To Pure Cycle [Roll Forward]    
Balance at beginning of period 29,691,700 218,500
Acquisitions   28,042,500
Relinquishment   2,386,400
Option payments - Sky Ranch and The Hills at Sky Ranch   (42,300)
Arapahoe County tap fees [1]   (373,100)
Export water sale payments (45,700) (540,300)
Balance at end of period 29,646,000 29,691,700
Total Potential Third-Party Obligation [Roll Forward]    
Balance at beginning of period 1,014,600 31,807,700
Acquisitions   (28,042,500)
Relinquishment   (2,386,400)
Option payments   (68,100)
Arapahoe County tap fees [1]   (159,900)
Export water sale payments (6,200) (136,200)
Balance at end of period 1,008,400 1,014,600
Participating Interests Liability [Roll Forward]    
Balance at beginning of period 341,558 11,090,600
Acquisitions   (9,790,000)
Relinquishment   (832,100)
Option payments - Sky Ranch and The Hills at Sky Ranch   (23,800)
Arapahoe County tap fees [1]   (55,800)
Export water sale payments (2,200) (47,300)
Balance at end of period 339,406 341,558
Contingency [Roll Forward]    
Balance at beginning of period 673,000 20,717,100
Acquisitions   (18,252,500)
Relinquishment   (1,554,300)
Option payments - Sky Ranch and The Hills at Sky Ranch   (44,300)
Arapahoe County tap fees [1]   (104,100)
Export water sale payments (4,000) (88,900)
Balance at end of period 669,000 $ 673,000
Royalties [Abstract]    
Royalties paid to Land Board (34,522)  
Export Water [Abstract]    
Expected future export water payouts 6,600,000  
Revenue receivables from sale of export water 5,800,000  
Expected proceeds from sale of export water after deduction of Land Board royalty $ 220,000  
SMWA [Member]    
WISE Partnership [Abstract]    
Number of other governmental or quasi-governmental water providers | Member 9  
Number of members | Member 10  
Rangeview District [Member] | WISE Partnership [Member]    
WISE Partnership [Abstract]    
Projected cost $ 5,200,000  
Projected financing period 5 years  
[1] The Arapahoe County tap fees are net of $34,522 in royalties paid to the Land Board.