Annual report pursuant to Section 13 and 15(d)

WATER AND LAND ASSETS (Detail Narrative)

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WATER AND LAND ASSETS (Detail Narrative)
12 Months Ended
Aug. 31, 2015
USD ($)
Aug. 31, 2014
USD ($)
a
shares
Aug. 31, 2013
USD ($)
Depletion $ 7,000 $ 4,400 $ 500
Depreciation 340,300 $ 192,200 310,800
Acres of land sold | a   1,886  
Number of FLCC shares sold | shares   2,982  
Impairment gain   $ 1,300,000  
Farm Leases      
Lease income $ 1,127,200 $ 1,068,000 $ 1,241,900