Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
6 Months Ended
Feb. 28, 2015
Feb. 28, 2014
Cash flows from operating activities:    
Net income (loss) $ (75,687)us-gaap_NetIncomeLoss $ (1,302,477)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash used in operating activities:    
Imputed interest on Tap Participation Fee payable to HP A&M 23,816us-gaap_InterestExpenseOther 1,060,238us-gaap_InterestExpenseOther
Depreciation and depletion 172,132us-gaap_DepreciationDepletionAndAmortization 93,428us-gaap_DepreciationDepletionAndAmortization
Investment in Well Enhancement Recover Systems, LLC (1,131)pcyo_InvestmentInWellEnhancementRecoverSystems (37,193)pcyo_InvestmentInWellEnhancementRecoverSystems
Stock-based compensation expense 132,606us-gaap_ShareBasedCompensation 114,264us-gaap_ShareBasedCompensation
Interest income and other non-cash items (210)us-gaap_InterestAndOtherIncome 0us-gaap_InterestAndOtherIncome
Interest added to receivable from Rangeview Metropolitan District (6,631)us-gaap_OtherNoncashIncome (5,970)us-gaap_OtherNoncashIncome
Changes in operating assets and liabilities:    
Trade accounts receivable 893,145us-gaap_IncreaseDecreaseInAccountsReceivable (79,846)us-gaap_IncreaseDecreaseInAccountsReceivable
Receivables held in escrow 0us-gaap_IncreaseDecreaseInDepositOtherAssets (2,225,200)us-gaap_IncreaseDecreaseInDepositOtherAssets
Sky Ranch Receivable (29,000)us-gaap_IncreaseDecreaseDueFromOtherRelatedParties 8,988us-gaap_IncreaseDecreaseDueFromOtherRelatedParties
Prepaid expenses (79,596)us-gaap_IncreaseDecreaseInPrepaidExpense (87,866)us-gaap_IncreaseDecreaseInPrepaidExpense
Receivable from HP A&M (63,777)us-gaap_IncreaseDecreaseInDueFromRelatedParties (346,647)us-gaap_IncreaseDecreaseInDueFromRelatedParties
Note receivable - related party: Rangeview Metropolitian District (82,000)us-gaap_IncreaseDecreaseInNotesReceivableRelatedParties 0us-gaap_IncreaseDecreaseInNotesReceivableRelatedParties
Accounts payable and accrued liabilities (1,305,220)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 232,716us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Interest accrued on agriculture land promissory notes 24,429us-gaap_IncreaseDecreaseInInterestPayableNet 20,826us-gaap_IncreaseDecreaseInInterestPayableNet
Deferred revenues 57,828us-gaap_IncreaseDecreaseInDeferredRevenue (32,692)us-gaap_IncreaseDecreaseInDeferredRevenue
Deferred oil & gas lease (322,860)pcyo_DeferredOilAndGasLeaseBonusPayment 1,029,930pcyo_DeferredOilAndGasLeaseBonusPayment
Net cash used in operating activities (662,156)us-gaap_NetCashProvidedByUsedInOperatingActivities (1,557,501)us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:    
Investments in water, water systems, and land (1,872,986)us-gaap_PaymentsToAcquireWaterAndWasteWaterSystems (519,135)us-gaap_PaymentsToAcquireWaterAndWasteWaterSystems
Purchase of property and equipment (933)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (2,250)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from sale of farm land 699,826us-gaap_ProceedsFromSaleOfLandHeldForUse 1,171,505us-gaap_ProceedsFromSaleOfLandHeldForUse
Net cash (used in) provided by investing activities (1,174,093)us-gaap_NetCashProvidedByUsedInInvestingActivities 650,120us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:    
Payments to contingent liability holders (7,134)pcyo_PaymentsToContingentLiabilityHolders (4,499)pcyo_PaymentsToContingentLiabilityHolders
Proceeds from borrowings on promissory notes payable 2,311,656us-gaap_ProceedsFromNotesPayable 0us-gaap_ProceedsFromNotesPayable
Payments made on promissory notes payable (1,383,520)us-gaap_RepaymentsOfNotesPayable (1,246,892)us-gaap_RepaymentsOfNotesPayable
Net cash provided by (used in) financing activities 921,002us-gaap_NetCashProvidedByUsedInFinancingActivities (1,251,391)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net change in cash and cash equivalents (915,247)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (2,158,772)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents - beginning of period 1,749,558us-gaap_CashAndCashEquivalentsAtCarryingValue 2,448,363us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents - end of period 834,311us-gaap_CashAndCashEquivalentsAtCarryingValue 289,591us-gaap_CashAndCashEquivalentsAtCarryingValue
SUPPLEMENTAL DISCLSOURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES    
Net reduction in Tap Participation Fee liability and HP A&M receivable collateral stock and mineral rights received as result of settlement of the Arkansas River Agreement 1,894,203us-gaap_NotesReduction 26,235,402us-gaap_NotesReduction
Assets acquired through WISE funding obligation $ 1,400,000pcyo_AssetsAcquiredThroughWiseFundingObligation $ 0pcyo_AssetsAcquiredThroughWiseFundingObligation