Quarterly report pursuant to Section 13 or 15(d)

PRESENTATION OF INTERIM INFORMATION, Revenue Recognition (Details)

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PRESENTATION OF INTERIM INFORMATION, Revenue Recognition (Details)
 3 Months Ended 12 Months Ended
Nov. 19, 2019
USD ($)
Nov. 30, 2019
USD ($)
a
BusinessLine
Source
HomeBuilders
Lot
Agreement
gal
Nov. 30, 2018
USD ($)
gal
Aug. 31, 2019
USD ($)
Revenue Recognition [Abstract]        
Number of business lines | BusinessLine   2    
Number of revenue sources | Source   3    
Total revenues   $ 10,461,029 $ 3,072,549  
Deferred revenues, current   $ 1,143,771   $ 3,991,535
Land [Abstract]        
Area of land (in acres) | a   930    
Number of home builders | HomeBuilders   3    
Contract revenues recognized   $ 10,522,770   $ 9,487,812
Construction support amount invoiced   $ 533,500    
Interest rate   6.00%    
Costs incurred to date   $ 25,401,500    
Net proceeds from sale of bonds $ 10,500,000      
Net proceeds used to reduce remaining capital expenses in inventories   4,200,000    
Gain from reimbursement of construction costs   $ 6,275,500 $ 0  
Percentage of expected increase in revenues, reimbursed costs   27.00%    
Senior Bonds [Member]        
Land [Abstract]        
Aggregate principal amount of bonds 11,435,000      
Cash retained by CAB to repay debt service 2,700,000      
Subordinate Bonds [Member]        
Land [Abstract]        
Aggregate principal amount of bonds $ 1,765,000      
Facilities Funding and Acquisition Agreement [Member]        
Land [Abstract]        
Interest rate   6.00%    
Metered Water Usage [Member]        
Revenue Recognition [Abstract]        
Water delivered to customers | gal   748,000 114,500,000  
Percentage of water used for oil and gas exploration   6.00% 86.00%  
Total revenues   $ 140,724 $ 1,367,851  
Water Tap Fees Recognized [Member]        
Revenue Recognition [Abstract]        
Total revenues   1,672,115 254,826  
Water Tap Fees [Member]        
Revenue Recognition [Abstract]        
Total revenues   1,401,900 226,900  
Wastewater Tap Fees [Member]        
Revenue Recognition [Abstract]        
Total revenues   270,200 28,000  
Special Facility Funding Recognized [Member]        
Revenue Recognition [Abstract]        
Total revenues   0 0  
Consulting Fees [Member]        
Revenue Recognition [Abstract]        
Total revenues   12,700 47,800  
Lot Sales [Member]        
Revenue Recognition [Abstract]        
Total revenues   8,541,643 1,381,196  
Lot Sales - Agreement with Purchaser [Member]        
Revenue Recognition [Abstract]        
Total revenues   $ 1,430,600 0  
Land [Abstract]        
Number of home builders | HomeBuilders   1    
Number of finished lots sold | Lot   21    
Lot Sales - Agreement with Builders [Member]        
Revenue Recognition [Abstract]        
Total revenues   $ 7,111,000 1,381,200  
Deferred revenues, current   1,143,800 $ 1,020,100  
Land [Abstract]        
Proceeds from sale of lots   $ 18,000,000    
Number of home builders | HomeBuilders   2    
Number of platted lots sold | Lot   293    
Number of finished lots sold | Lot   293    
Contract revenues recognized   $ 17,000,000    
Lot Sales - Agreement with Builders [Member] | Maximum [Member]        
Land [Abstract]        
Expected delivery period for lots sold   1 year    
Project Management Services [Member]        
Land [Abstract]        
Number of service agreements | Agreement   2    
Project management fee percentage   5.00%    
Project management services - accrued reimbursable amount   $ 869,900    
Costs incurred to date   869,900    
Accrued Interest [Member]        
Land [Abstract]        
Costs incurred to date   $ 1,031,700