Quarterly report pursuant to Section 13 or 15(d)

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

v3.19.2
LONG-TERM OBLIGATIONS AND OPERATING LEASE, Long-Term Obligations (Details)
 3 Months Ended 9 Months Ended 269 Months Ended
May 31, 2019
USD ($)
May 31, 2019
USD ($)
Member
Aug. 31, 2018
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 88.00% 88.00%  
Export Water Proceeds Received [Roll Forward]      
Balance at beginning of period   $ 1,380,700 $ 0
Acquisitions     0
Relinquishment     0
Option payments - Sky Ranch and The Hills at Sky Ranch     110,400
Arapahoe County tap fees [1]     533,000
Export water sale payments   144,700 737,300
Balance at end of period $ 1,525,400 1,525,400 1,380,700
Initial Export Water Proceeds To Pure Cycle [Roll Forward]      
Balance at beginning of period   29,638,100 218,500
Acquisitions     28,042,500
Relinquishment     2,386,400
Option payments - Sky Ranch and The Hills at Sky Ranch     (42,300)
Arapahoe County tap fees [1]     (373,100)
Export water sale payments   (127,500) (593,900)
Balance at end of period 29,510,600 29,510,600 29,638,100
Total Potential Third-Party Obligation [Roll Forward]      
Balance at beginning of period   1,007,400 31,807,700
Acquisitions     (28,042,500)
Relinquishment     (2,386,400)
Option payments     (68,100)
Arapahoe County tap fees [1]     (159,900)
Export water sale payments   (17,200) (143,400)
Balance at end of period 990,200 990,200 1,007,400
Participating Interests Liability [Roll Forward]      
Balance at beginning of period   339,035 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 [1]     (55,800)
Export water sale payments   (6,000) (49,800)
Balance at end of period 333,033 333,033 339,035
Contingency [Roll Forward]      
Balance at beginning of period   668,300 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 [1]     (104,100)
Export water sale payments   (11,200) (93,600)
Balance at end of period 657,100 657,100 $ 668,300
Royalties [Abstract]      
Royalties paid to Land Board   34,522  
Export Water [Abstract]      
Expected future export water payouts   6,500,000  
Revenue receivables from sale of export water 5,700,000 5,700,000  
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]      
Projected cost $ 6,800,000 $ 6,800,000  
Projected financing period 5 years 5 years  
[1] The Arapahoe County tap fees are net of $34,522 in royalties paid to the Land Board.