Quarterly report pursuant to Section 13 or 15(d)

WATER AND LAND ASSETS (Tables)

v3.19.1
WATER AND LAND ASSETS (Tables)
6 Months Ended
Feb. 28, 2019
WATER AND LAND ASSETS [Abstract]  
Investments in Water and Water Systems
The Company’s Investments in Water and Water Systems consist of the following costs and accumulated depreciation and depletion at February 28, 2019 and August 31, 2018:

   
February 28, 2019
   
August 31, 2018
 
   
Costs
   
Accumulated
Depreciation
and Depletion
   
Costs
   
Accumulated
Depreciation
and Depletion
 
Rangeview Water Supply
 
$
14,820,700
   
$
(13,500
)
 
$
14,813,800
   
$
(12,800
)
Sky Ranch water rights and other costs
   
7,338,100
     
(652,600
)
   
7,171,700
     
(561,400
)
Fairgrounds water and water system
   
2,899,900
     
(1,106,900
)
   
2,899,900
     
(1,062,900
)
Rangeview water system
   
2,679,100
     
(288,800
)
   
1,655,600
     
(261,200
)
Water Supply – Other
   
4,535,600
     
(748,700
)
   
4,337,200
     
(625,300
)
Wild Pointe service rights
   
1,631,700
     
(267,700
)
   
1,631,700
     
(267,700
)
Sky Ranch pipeline
   
5,697,400
     
(316,400
)
   
5,615,900
     
(222,000
)
Construction in progress
   
5,785,400
     
     
1,609,400
     
 
Totals
   
45,387,900
     
(3,394,600
)
   
39,735,200
     
(3,013,300
)
Net investments in water and water systems
 
$
41,993,300
           
$
36,721,900