|
FAIR VALUE MEASUREMENTS (Details) (USD $)
|
May 31, 2014
|
Aug. 31, 2013
|
|---|---|---|
| Tap Participation Fee liability | $ 13,162,794 | $ 59,807,289 |
|
Total Unrealized Gain
|
||
| Tap Participation Fee liability | 0 | |
|
Cost/Other Value
|
||
| Tap Participation Fee liability | 13,162,800 | |
|
Fair Value
|
||
| Tap Participation Fee liability | 13,162,800 | |
|
Quoted Prices in Active Markets for Identical Assets (Level 1)
|
||
| Tap Participation Fee liability | 0 | |
|
Significant Other Observable Inputs (Level 2)
|
||
| Tap Participation Fee liability | 0 | |
|
Significant Unobservable Inputs (Level 3)
|
||
| Tap Participation Fee liability | $ 13,162,800 |