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INCOME TAXES (Details) (USD $)
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Aug. 31, 2014
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Aug. 31, 2013
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| Deferred tax assets: | ||
| Net operating loss carryforwards | $ 7,279,900 | $ 6,080,000 |
| Imputed interest on Tap Participation Fee | 10,609,600 | 10,074,200 |
| Deferred revenue | 768,400 | 494,600 |
| Impairment Charges | 2,360,200 | 0 |
| Depreciation and depletion | 4,695,900 | 4,899,800 |
| Other | 26,700 | 43,600 |
| Valuation allowance | (25,740,700) | (21,592,200) |
| Net deferred tax asset |
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- Details
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from deferred income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible operating loss carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from property, plant, and equipment. No definition available.
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from accrued liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from estimated impairment losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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