Annual report pursuant to Section 13 and 15(d)

WATER ASSETS (Details)

v2.4.0.8
WATER ASSETS (Details) (USD $)
Aug. 31, 2013
Aug. 31, 2012
Costs $ 90,805,200 $ 90,505,700
Accumulated Depreciation and Depletion (2,293,000) (1,995,300)
Net investments in water and water systems 88,512,249 88,510,359
Arkansas River Assets
   
Costs 69,112,300 69,112,300
Accumulated Depreciation and Depletion (1,487,700) (1,315,900)
Rangeview Water Supply
   
Costs 14,667,000 14,376,100
Accumulated Depreciation and Depletion (7,700) (7,100)
Sky Ranch Water Rights And Other Costs
   
Costs 3,915,100 3,924,100
Accumulated Depreciation and Depletion (79,800) (50,800)
Fairgrounds Water And Water System
   
Costs 2,899,900 2,899,900
Accumulated Depreciation and Depletion (622,600) (534,500)
Rangeview Water System
   
Costs 167,700 167,700
Accumulated Depreciation and Depletion (72,800) (67,600)
Water Supply Other
   
Costs 43,200 25,600
Accumulated Depreciation and Depletion $ (22,400) $ (19,400)