Annual report pursuant to Section 13 and 15(d)

PARTICIPATING INTERESTS IN EXPORT WATER (Details)

v3.8.0.1
PARTICIPATING INTERESTS IN EXPORT WATER (Details) - USD ($)
 12 Months Ended 48 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Aug. 31, 2015
Aug. 31, 2013
Export Water Proceeds Received        
Remaining Third Party Obligation:        
Balance, original     $ 0  
Balance, beginning $ 1,261,800 $ 1,053,900    
Acquisitions     0  
Relinquishment     0  
Option payments     110,400  
Arapahoe Tap fees [1]     533,000  
Export Water Sale Payments 58,100 207,900 410,500  
Balance, ending 1,319,900 1,261,800 1,053,900  
Initial Export Water Proceeds To Pure Cycle        
Remaining Third Party Obligation:        
Balance, original     218,500  
Balance, beginning 29,742,900 29,926,100    
Acquisitions     28,042,500  
Relinquishment     2,386,400  
Option payments     (42,300)  
Arapahoe Tap fees [1]     (373,100)  
Export Water Sale Payments (51,200) (183,200) (305,900)  
Balance, ending 29,691,700 29,742,900 29,926,100  
Total Potential Third Party Obligation        
Remaining Third Party Obligation:        
Balance, original       $ 31,807,700
Balance, beginning 1,021,500      
Acquisitions       (28,042,500)
Relinquishment       (2,386,400)
Option payments       (68,100)
Arapahoe Tap fees [1]       (159,900)
Export Water Sale Payments (6,900) 24,700   (104,600)
Balance, ending 1,014,600 1,021,500   $ 1,046,200
Participating Interests Liability        
Remaining Third Party Obligation:        
Balance, original     11,090,600  
Balance, beginning 344,000 352,600    
Acquisitions     (9,790,000)  
Relinquishment     (832,100)  
Option payments     (23,800)  
Arapahoe Tap fees [1]     (55,800)  
Export Water Sale Payments (2,400) (8,600) (36,300)  
Balance, ending 341,600 344,000 352,600  
Contingency        
Remaining Third Party Obligation:        
Balance, original     2,717,100  
Balance, beginning 677,500 693,600    
Acquisitions     (18,252,500)  
Relinquishment     (1,554,300)  
Option payments     (44,300)  
Arapahoe Tap fees [1]     (104,100)  
Export Water Sale Payments (4,500) (16,100) (68,300)  
Balance, ending $ 673,000 $ 677,500 $ 693,600  
[1] The Arapahoe County tap fees are less $34,522 in royalties paid to the Land Board.