Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION (Tables)

v3.10.0.1
SEGMENT INFORMATION (Tables)
 3 Months Ended
Nov. 30, 2018
SEGMENT INFORMATION [Abstract]  
Information by Segments
The following table summarizes wholesale water and wastewater services and land development revenue information by segment:

   
Three Months Ended November 30,
  
   
2018
    
2017
  
Wholesale water and wastewater services
  
$
1,691,353
    
$
1,010,132
  
Land development activities
    
1,381,196
      
—
  
Total revenues
   $
3,072,549
     $
1,010,132
  

The following table summarizes wholesale water and wastewater services and land development pretax income by segment:

   
Three Months Ended November 30,
  
   
2018
    
2017
  
Wholesale water and wastewater services
  
$
1,163,073
    
$
515,279
  
Land development activities
    
82,872
      
—
  
Corporate
    
(611,973
)
    
(611,890
)
Total pretax income (loss)
   $
633,972
     $
(96,611
)

The following table summarizes total assets for the Company’s wholesale water and wastewater services business and land development business by segment.  The assets consist of water rights and water and wastewater systems in the Company’s wholesale water and wastewater services segment. The assets consist of land, inventories and deposits in the Company’s land development segment.  The Company’s other assets primarily consist of cash and cash equivalents, equipment, mineral rights, related party notes receivables and a deferred tax asset.

   
November 30, 2018
    
August 31, 2018
  
Wholesale water and wastewater services
  
$
38,909,715
    
$
36,721,884
  
Land development activities
    
12,969,055
      
9,497,106
  
Corporate
    
19,266,649
      
25,687,625
  
Total assets
   $
71,145,419
     $
71,906,615