Quarterly report pursuant to Section 13 or 15(d)

LONG-TERM OBLIGATIONS AND OPERATING LEASE (Details)

v2.4.0.8
LONG-TERM OBLIGATIONS AND OPERATING LEASE (Details) (USD $)
 6 Months Ended 60 Months Ended
Feb. 28, 2014
Aug. 31, 2013
Export Water Proceeds Received
    
Remaining Third Party Obligation:    
Balance, original     
Balance, beginning 912,700  
Option payments   110,400
Arapahoe Tap fees   533,000 [1]
Export Water Sale Payments 43,000 269,300
Balance, ending 955,700 912,700
Initial Export Water Proceeds To Pure Cycle
    
Remaining Third Party Obligation:    
Balance, original   218,500
Balance, beginning 27,692,100  
Acquisitions   28,077,500
Option payments   (42,300)
Arapahoe Tap fees   (373,100) [1]
Export Water Sale Payments (30,100) (188,500)
Balance, ending 27,662,000 27,692,100
Total Potential Third Party Obligation
    
Remaining Third Party Obligation:    
Balance, original   31,807,700
Balance, beginning 3,421,400  
Acquisitions   (28,077,500)
Option payments   (68,100)
Arapahoe Tap fees   (159,900) [1]
Export Water Sale Payments (12,900) (80,800)
Balance, ending 3,408,500 3,421,400
Participating Interests Liability
    
Remaining Third Party Obligation:    
Balance, original   11,090,600
Balance, beginning 1,192,900  
Acquisitions   (9,790,000)
Option payments   (23,800)
Arapahoe Tap fees   (55,800) [1]
Export Water Sale Payments (4,500) (28,100)
Balance, ending 1,188,400 1,192,900
Contingency
    
Remaining Third Party Obligation:    
Balance, original   20,717,100
Balance, beginning 2,228,500  
Acquisitions   (18,287,500)
Option payments   (44,300)
Arapahoe Tap fees   (104,100) [1]
Export Water Sale Payments (8,400) (52,700)
Balance, ending $ 2,220,100 $ 2,228,500
[1] The Arapahoe County tap fees are less $34,522 in royalties paid to the Land Board.