Quarterly report pursuant to Section 13 or 15(d)

3. WATER AND LAND ASSETS (Tables)

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3. WATER AND LAND ASSETS (Tables)
9 Months Ended
May 31, 2017
Investments In Water Water Systems Land And Improvements Tables  
Schedule of water and water systems
    May 31, 2017   August 31, 2016
    Costs   Accumulated Depreciation and Depletion   Costs   Accumulated Depreciation and Depletion
Rangeview water supply   $ 14,495,400     $ (10,000 )   $ 14,444,600     $ (9,400 )
Sky Ranch water rights and other costs     6,723,000       (411,348 )     6,607,400       (334,500 )
Fairgrounds water and water system     2,899,800       (952,800 )     2,899,900       (886,800 )
Rangeview water system     1,639,000       (193,300 )     1,624,800       (152,800 )
Water supply – other     3,886,000       (375,500 )     3,703,000       (297,800 )
Wild Pointe service rights     1,661,000       (53,152 )     —         —    
Construction in progress     5,035,400       —         723,500       —    
Totals     36,339,600       (1,996,100 )     30,003,200       (1,681,300 )
Net investments in water and water systems   $ 34,343,500             $ 28,321,900