Quarterly report pursuant to Section 13 or 15(d)

LONG-TERM OBLIGATIONS AND OPERATING LEASE (Details)

v2.4.0.8
LONG-TERM OBLIGATIONS AND OPERATING LEASE (Details) (USD $)
9 Months Ended 60 Months Ended
May 31, 2014
Aug. 31, 2013
Export Water Proceeds Received
   
Remaining Third Party Obligation:    
Balance, original   $ 0
Balance, beginning 912,700  
Acquisitions   0
Option payments   110,400
Arapahoe Tap fees   533,000
Export Water Sale Payments 42,600 269,300
Balance, ending 955,300 912,700
Initial Export Water Proceeds To Pure Cycle
   
Remaining Third Party Obligation:    
Balance, original   218,500
Balance, beginning 27,692,100  
Acquisitions   28,077,500
Option payments   (42,300)
Arapahoe Tap fees   (373,100)
Export Water Sale Payments (29,800) (188,500)
Balance, ending 27,662,300 27,692,100
Total Potential Third Party Obligation
   
Remaining Third Party Obligation:    
Balance, original   31,807,700
Balance, beginning 3,421,400  
Acquisitions   (28,077,500)
Option payments   (68,100)
Arapahoe Tap fees   (159,900)
Export Water Sale Payments (12,800) (80,800)
Balance, ending 3,408,600 3,421,400
Participating Interests Liability
   
Remaining Third Party Obligation:    
Balance, original   11,090,600
Balance, beginning 1,192,900  
Acquisitions   (9,790,000)
Option payments   (23,800)
Arapahoe Tap fees   (55,800)
Export Water Sale Payments (4,400) (28,100)
Balance, ending 1,188,500 1,192,900
Contingency
   
Remaining Third Party Obligation:    
Balance, original   20,717,100
Balance, beginning 2,228,500  
Acquisitions   (18,287,500)
Option payments   (44,300)
Arapahoe Tap fees   (104,100)
Export Water Sale Payments (8,400) (52,700)
Balance, ending $ 2,220,100 $ 2,228,500