Annual report pursuant to Section 13 and 15(d)

WATER AND LAND ASSETS (Details)

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WATER AND LAND ASSETS (Details) - USD ($)
Aug. 31, 2017
Aug. 31, 2016
Costs $ 36,857,900 $ 30,003,200
Accumulated Depreciation and Depletion (2,282,200) (1,681,300)
Net investments in water and water systems 34,575,713 28,321,926
Rangeview Water Supply    
Costs 14,529,600 14,444,600
Accumulated Depreciation and Depletion (10,600) (9,400)
Sky Ranch Water Rights And Other Costs    
Costs 6,725,000 6,607,400
Accumulated Depreciation and Depletion (436,300) (334,500)
Fairgrounds Water And Water System    
Costs 2,899,900 2,899,900
Accumulated Depreciation and Depletion (974,800) (886,800)
Rangeview Water System    
Costs 1,639,000 1,624,800
Accumulated Depreciation and Depletion (207,000) (152,800)
Water Supply Other    
Costs 4,058,900 3,703,000
Accumulated Depreciation and Depletion (401,300) (297,800)
Wild Pointe Service Rights    
Costs 1,631,700 0
Accumulated Depreciation and Depletion (213,000) 0
Sky Ranch Pipeline    
Costs 4,700,000 0
Accumulated Depreciation and Depletion (39,200) 0
Construction in Progress    
Costs 673,800 723,500
Accumulated Depreciation and Depletion $ 0 $ 0