Pure Cycle Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

PRESENTATION OF INTERIM INFORMATION, Revenue Recognition (Details)

PRESENTATION OF INTERIM INFORMATION, Revenue Recognition (Details) gal in Millions		3 Months Ended		6 Months Ended		12 Months Ended
	Nov. 19, 2019 USD ($)	Feb. 29, 2020 USD ($) a HomeBuilders Lot gal	Feb. 28, 2019 USD ($) HomeBuilders Lot gal	Feb. 29, 2020 USD ($) a BusinessLine Source HomeBuilders Lot Agreement gal	Feb. 28, 2019 USD ($) HomeBuilders Lot gal	Aug. 31, 2019 USD ($)
Revenue Recognition [Abstract]
Number of business lines \| BusinessLine				2
Number of revenue sources \| Source				3
Total revenues		$ 3,518,580	$ 2,630,419	$ 13,979,609	$ 5,702,968
Deferred revenues, current		$ 3,169,505		$ 3,169,505		$ 3,991,535
Land [Abstract]
Area of land (in acres) \| a		930		930
Number of home builders \| HomeBuilders				3
Contract revenues recognized				$ 14,103,091		$ 9,487,812
Construction support amount invoiced				$ 555,200
Interest rate		6.00%		6.00%
Costs incurred to date		$ 27,466,700		$ 27,466,700
Net proceeds from sale of bonds	$ 10,500,000
Net proceeds used to reduce remaining capital expenses in inventories				4,200,000
Gain from reimbursement of construction costs		$ 0	$ 0	$ 6,275,500	$ 0
Percentage of expected increase in revenues, reimbursed costs				27.00%
Senior Bonds [Member]
Land [Abstract]
Aggregate principal amount of bonds	11,435,000
Subordinate Bonds [Member]
Land [Abstract]
Aggregate principal amount of bonds	$ 1,765,000
Facilities Funding and Acquisition Agreement [Member]
Land [Abstract]
Interest rate		6.00%		6.00%
Metered Water Usage [Member]
Revenue Recognition [Abstract]
Water delivered to customers \| gal		4.0	13.8	20.0	135.4
Percentage of water used for oil and gas exploration		4.00%	68.00%	5.00%	79.00%
Total revenues		$ 36,811	$ 34,784	$ 140,205	$ 117,606
Water Tap Fees [Member]
Revenue Recognition [Abstract]
Total revenues		993,200	392,500	2,400,000	619,400
Wastewater Tap Fees [Member]
Revenue Recognition [Abstract]
Total revenues		179,600	74,500	449,900	102,500
Special Facility Funding Recognized [Member]
Revenue Recognition [Abstract]
Total revenues		0	0	0	0
Consulting Fees [Member]
Revenue Recognition [Abstract]
Total revenues		4,200	50,400	90,200	110,200
Lot Sales [Member]
Revenue Recognition [Abstract]
Total revenues		2,265,710	1,946,381	10,807,353	3,327,577
Lot Sales - Agreement with Purchaser [Member]
Revenue Recognition [Abstract]
Total revenues		$ 1,406,100	$ 300,000	$ 2,836,700	$ 300,000
Land [Abstract]
Number of home builders \| HomeBuilders		1	1	1	1
Number of finished lots sold \| Lot		20	4	41	4
Lot Sales - Agreement with Builders [Member]
Revenue Recognition [Abstract]
Total revenues		$ 859,600	$ 1,646,400	$ 7,970,600	$ 3,027,600
Deferred revenues, current		3,169,500		3,169,500
Land [Abstract]
Proceeds from sale of lots				$ 21,000,000
Number of home builders \| HomeBuilders				2
Number of platted lots sold \| Lot				293
Number of finished lots sold \| Lot				293
Contract revenues recognized				$ 18,000,000
Lot Sales - Agreement with Builders [Member] \| Maximum [Member]
Land [Abstract]
Expected delivery period for lots sold				1 year
Project Management Services [Member]
Land [Abstract]
Number of service agreements \| Agreement				2
Project management fee percentage				5.00%
Project management services - accrued reimbursable amount		1,304,400		$ 1,304,400
Costs incurred to date		1,304,400		1,304,400
Accrued Interest [Member]
Land [Abstract]
Costs incurred to date		$ 1,031,900		$ 1,031,900