Quarterly report pursuant to Section 13 or 15(d)

LONG-TERM OBLIGATIONS AND OPERATING LEASE (Details Narrative)

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LONG-TERM OBLIGATIONS AND OPERATING LEASE (Details Narrative) (USD $)
 2 Months Ended 3 Months Ended 12 Months Ended 15 Months Ended
Jan. 30, 2014
N
Nov. 30, 2013
sqft
N
Aug. 31, 2013
N
Nov. 30, 2013
N
Sep. 02, 2012
Dec. 31, 1996
Recorded Portion Of Contingent Obligation   $ 1,191,226 $ 1,192,910 $ 1,191,226   $ 11,100,000
Contractual Obligation           31,800,000
Percentage of original total liability   35.00%   35.00%    
Percentage remitted to CAA Holders   35.00%   35.00%    
Percentage allocated to contingent obligation   65.00%   65.00%    
Long-term Debt   3,400,000   3,400,000    
Payments of Debt Issuance Costs   34,522        
Liabilities, Other than Long-term Debt, Noncurrent   48,432,709 59,807,289 48,432,709    
Water Taps under Tap Participation Fee 12,577 13,830 17,194 13,830    
Reduction In Taps Percentage   50.00%        
Percentage of Net Revenues   26.90%        
Reduction in Taps as result of foreclosure 1,253 3,364 2,233 5,597    
Estimated proceeds from sale of water taps   81,000,000 102,700,000      
Decrease in estimated proceeds from sale of water taps   21,700,000 17,900,000      
Implied interest rate   5.70%        
Reduction in discounted present value   12,000,000 11,700,000      
Imputed Interest on TPF   27,800,000   27,800,000    
Number of FLCC shares foreclosed upon 682 1,832        
Reduction in value of Taps as result of foreclosure 4,400,000 11,900,000        
Number of properties subject to outstanding promissory notes   60   60    
Number of properties   80   80    
Notes Payable outstanding   7,500,000 7,900,000 7,500,000 9,600,000  
Number of FLCC Shares   3,397   3,397    
The number of shares that may be foreclosed upon   1,500,000   1,500,000    
Sale of common stock held as collateral   3,420,000        
Sale price of shares sold   $ 2.35   $ 2.35    
Stock sale fees   110,000        
Purchase of notes payable   7,000,000        
Notes payable in purchase negotiation   2,600,000   2,600,000    
Accrued interest   96,000 122,000 96,000    
Office space   1,200        
Monthly rent payments   1,530        
Note Collateral
            
Number of Acres (in Acres)   14,000   14,000    
Number of FLCC Shares   16,882   16,882    
Minimum
            
Water Taps under Tap Participation Fee   13,830   13,830    
Tap Participation Fee Percentage   10.00%        
Maximum
            
Water Taps under Tap Participation Fee   40,000   40,000    
Tap Participation Fee Percentage   20.00%        
First Priority Payout
            
Deferred Revenue   5,000,000   5,000,000    
Remaining First Priortiy Payout
            
Deferred Revenue   7,100,000   7,100,000    
Not Recorded On Balance Sheets
            
Contingent Liability           $ 20,700,000