Quarterly report pursuant to Section 13 or 15(d)

WATER AND LAND ASSETS (Details)

v3.8.0.1
WATER AND LAND ASSETS (Details) - USD ($)
 3 Months Ended 9 Months Ended
May 31, 2018
May 31, 2017
May 31, 2018
May 31, 2017
Aug. 31, 2017
Investment in Water and Water Systems [Abstract]          
Costs $ 38,328,000   $ 38,328,000   $ 36,857,900
Accumulated depreciation and depletion (2,718,500)   (2,718,500)   (2,282,200)
Net investments in water and water systems 35,609,275   35,609,275   34,575,713
Depletion and Depreciation [Abstract]          
Depletion 4,300 $ 100 5,300 $ 600  
Depreciation 211,000 $ 148,400 554,700 $ 406,000  
Rangeview Water Supply [Member]          
Investment in Water and Water Systems [Abstract]          
Costs 14,805,500   14,805,500   14,529,600
Accumulated depreciation and depletion (12,100)   (12,100)   (10,600)
Sky Ranch Water Rights and Other Costs [Member]          
Investment in Water and Water Systems [Abstract]          
Costs 7,342,400   7,342,400   6,725,000
Accumulated depreciation and depletion (523,100)   (523,100)   (436,300)
Fairgrounds Water and Water System [Member]          
Investment in Water and Water Systems [Abstract]          
Costs 2,899,900   2,899,900   2,899,900
Accumulated depreciation and depletion (1,040,900)   (1,040,900)   (974,800)
Rangeview Water System [Member]          
Investment in Water and Water Systems [Abstract]          
Costs 1,652,400   1,652,400   1,639,000
Accumulated depreciation and depletion (247,700)   (247,700)   (207,000)
WISE Partnership [Member]          
Investment in Water and Water Systems [Abstract]          
Costs 3,114,100   3,114,100   3,114,100
Accumulated depreciation and depletion 0   0   0
Water Supply - Other [Member]          
Investment in Water and Water Systems [Abstract]          
Costs 1,177,700   1,177,700   944,800
Accumulated depreciation and depletion (486,700)   (486,700)   (401,300)
Wild Pointe Service Rights [Member]          
Investment in Water and Water Systems [Abstract]          
Costs 1,631,800   1,631,800   1,631,700
Accumulated depreciation and depletion (251,400)   (251,400)   (213,000)
Sky Ranch Pipeline [Member]          
Investment in Water and Water Systems [Abstract]          
Costs 4,697,800   4,697,800   4,700,000
Accumulated depreciation and depletion (156,600)   (156,600)   (39,200)
Construction in Progress [Member]          
Investment in Water and Water Systems [Abstract]          
Costs 1,006,400   1,006,400   673,800
Accumulated depreciation and depletion $ 0   $ 0   $ 0