Annual report pursuant to Section 13 and 15(d)

SEGMENT REPORTING (Details)

v3.20.2
SEGMENT REPORTING (Details)
12 Months Ended
Aug. 31, 2020
USD ($)
Segment
Aug. 31, 2019
USD ($)
SEGMENT REPORTING [Abstract]    
Number of operating segments | Segment 2  
Segment Information [Abstract]    
Total revenue $ 25,855,215 $ 20,361,509
Cost of revenue (16,943,997) (12,975,470)
Depletion and depreciation (1,367,160) (968,229)
Total cost of revenues (18,311,157) (13,943,699)
Gross profit 7,544,058 6,417,810
Reimbursement of construction costs - related party 6,275,500  
Gross Margin after reimbursables 13,819,558  
Pretax operating income 1,513,375 2,998,661
Total long-term assets 89,761,056 83,721,404
Water and Wastewater Utility Services [Member]    
Segment Information [Abstract]    
Total revenue 6,920,815 8,405,520
Cost of revenue (1,074,450) (1,670,508)
Depletion and depreciation (1,367,160) (968,229)
Total cost of revenues (2,441,610) (2,638,737)
Gross profit 4,479,205 5,766,783
Reimbursement of construction costs - related party 0  
Gross Margin after reimbursables 4,479,205  
Pretax operating income 4,479,205 5,766,783
Total long-term assets 56,266,579 51,588,079
Land Development [Member]    
Segment Information [Abstract]    
Total revenue 18,934,400 11,955,989
Cost of revenue (15,869,547) (11,304,962)
Depletion and depreciation 0 0
Total cost of revenues (15,869,547) (11,304,962)
Gross profit 3,064,853 651,027
Reimbursement of construction costs - related party 6,275,500  
Gross Margin after reimbursables 9,340,353  
Pretax operating income 3,064,853 651,027
Total long-term assets 6,975,289 16,866,542
Corporate [Member]    
Segment Information [Abstract]    
Total revenue 0 0
Cost of revenue 0 0
Depletion and depreciation 0 0
Total cost of revenues 0 0
Gross profit 0 0
Reimbursement of construction costs - related party 0  
Gross Margin after reimbursables 0  
Pretax operating income (6,030,683) (3,419,149)
Total long-term assets $ 26,519,188 $ 15,266,783