v3.21.4
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Cash flows from operating activities:    
Net income $ 1,514 $ 845
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred lot sale revenues 836 (1,425)
Depreciation and depletion 439 449
Trade accounts receivable 315 411
Prepaid expenses 141 (370)
Share-based compensation expense 112 86
Deferred income taxes (6) (126)
Other assets and liabilities (1) 134
Deferred income - oil and gas lease and water sales payment (139)  
Land under development (422) (413)
Accounts payable and accrued liabilities (1,156) 174
Taxes payable net of taxes receivable (2,978)  
Net cash (used) provided by operating activities (5,954) 6
Cash flows from investing activities:    
Investments in water and water systems (652) (468)
Investments in land under development (1,419)  
Construction costs of single-family rentals (142)  
Purchase of property and equipment (35) (31)
Net cash used by investing activities (2,248) (499)
Cash flows from financing activities:    
Proceeds from notes payable 1,000  
Payments to contingent liability holders   (1)
Net cash provided (used) by financing activities 1,000 (1)
Net change in cash, cash equivalents and restricted cash (7,202) (494)
Cash, cash equivalents and restricted cash - beginning of period 22,444 21,797
Cash, cash equivalents and restricted cash - end of period 15,242 21,303
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents 12,914 21,303
Restricted cash 2,328  
Total cash, cash equivalents and restricted cash 15,242 21,303
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION AND NON-CASH ACTIVITIES    
Income taxes paid 3,450  
Change in reimbursable public improvements included in accounts payable and accrued liabilities 2,049  
Change in land under development costs included in accounts payable and accrued liabilities   894
Change in investments in water and water systems included in accounts payable and accrued liabilities   297
Rangeview District [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Change in note receivable from related party, net 102 $ (11)
Sky Ranch CAB [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Change in note receivable from related party, net $ (4,723)  

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