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

Quarterly report pursuant to Section 13 or 15(d)

LONG-TERM OBLIGATIONS AND OPERATING LEASE, Long-Term Obligations (Details)

LONG-TERM OBLIGATIONS AND OPERATING LEASE, Long-Term Obligations (Details)	3 Months Ended		9 Months Ended	281 Months Ended
	May 31, 2020 USD ($) acre ft	Feb. 29, 2020 USD ($) acre ft	May 31, 2020 USD ($) Member acre ft	Aug. 31, 2019 USD ($)
LONG-TERM OBLIGATIONS AND OPERATING LEASE [Abstract]
Percentage of original recorded liability compared to original total liability	35.00%		35.00%
Percentage of payment remitted to CAA holders allocated to recorded liability account	35.00%		35.00%
Percentage of payment remitted to CAA holders allocated to contingent obligation	65.00%		65.00%
Percentage of net proceeds from sale of export water allocated	88.105%		88.105%
Export Water Proceeds Received [Roll Forward]
Balance at beginning of period			$ 1,547,000	$ 0
Acquisitions				0
Relinquishment				0
Option payments - Sky Ranch and The Hills at Sky Ranch				110,400
Arapahoe County tap fees				533,000
Export water sale payments			101,200	903,600
Balance at end of period	$ 1,648,200		1,648,200	1,547,000
Initial Export Water Proceeds to Pure Cycle [Roll Forward]
Balance at beginning of period			29,491,600	218,500
Acquisitions				28,042,500
Relinquishment				2,386,400
Option payments - Sky Ranch and The Hills at Sky Ranch				(42,300)
Arapahoe County tap fees				(373,100)
Export water sale payments			(89,200)	(740,400)
Balance at end of period	29,402,400		29,402,400	29,491,600
Total Potential Third-Party Obligation [Roll Forward]
Balance at beginning of period			987,600	31,807,700
Acquisitions				(28,042,500)
Relinquishment				(2,386,400)
Option payments				(68,100)
Arapahoe County tap fees				(159,900)
Export water sale payments			(12,000)	(163,200)
Balance at end of period	975,600		975,600	987,600
Participating Interests Liability [Roll Forward]
Balance at beginning of period			332,140	11,090,600
Acquisitions				(9,790,000)
Relinquishment				(832,100)
Option payments - Sky Ranch and The Hills at Sky Ranch				(23,800)
Arapahoe County tap fees				(55,800)
Export water sale payments			(4,200)	(56,700)
Balance at end of period	327,942		327,942	332,140
Contingency [Roll Forward]
Balance at beginning of period			655,400	20,717,100
Acquisitions				(18,252,500)
Relinquishment				(1,554,300)
Option payments - Sky Ranch and The Hills at Sky Ranch				(44,300)
Arapahoe County tap fees				(104,100)
Export water sale payments			(7,800)	(106,500)
Balance at end of period	647,600		647,600	$ 655,400
Export Water [Abstract]
Expected future export water payouts			6,400,000
Revenue receivables from sale of export water	$ 5,600,000		5,600,000
Expected proceeds from sale of export water after deduction of Land Board royalty			$ 220,000
SMWA [Member]
WISE Partnership [Abstract]
Number of other governmental or quasi-governmental water providers \| Member			9
Number of members \| Member			10
Rangeview District [Member] \| WISE Partnership [Member]
WISE Partnership [Abstract]
Volume of water purchased \| acre ft	0	400	400
Purchase of water	$ 0	$ 582,200	$ 582,200
Projected cost	$ 4,600,000		$ 4,600,000
Projected financing period			5 years