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COMMITMENTS AND CONTINGENCIES (Schedule of Future Minimum Lease Commitments) (Details) - USD ($) | Nov. 25, 2016 | Nov. 24, 2016 | Feb. 28, 2017 | Aug. 31, 2016
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COMMITMENTS AND CONTINGENCIES [Abstract] |  |  |  |  |  |
2018 | [1] |  |  | $ 11,570,000 |  |
2019 | [1] |  |  | 11,124,000 |  |
2020 | [1],[2] |  |  | 10,559,000 |  |
2021 | [1] |  |  | 9,481,000 |  |
2022 | [1] |  |  | 8,082,000 |  |
Thereafter | [1] |  |  | 91,164,000 |  |
Total |  |  |  | 141,980,000 | [1],[3] | $ 120,900,000
Sub-lease income |  |  |  | $ 316,678 |  |
Lease expiration date |  | Nov. 30, 2043 | May 31, 2021 |  |  |
[1] | Operating lease obligations have been reduced by approximately $316,678 to reflect sub-lease income. Certain obligations under leasing arrangements are collateralized by the underlying asset being leased.
[2] | The year 2020 is a leap year with the period ending February 29th.
[3] | As of August 31, 2016, total future minimum lease commitments were $120.9 million. The increase during the period ending February 28, 2017 is primarily related to the extension of an existing lease within the Company's Guatemala subsidiary for its Pradera location. The subsidiary signed an extension on November 25, 2016, extending the lease termination date from May 31, 2021 to November 30, 2043. The lease extension included the real property at this location currently used by the Company and added additional square footage in the same shopping center to the lease. This has effectively provided the Company with possession of substantially all of the real property available at that location. The Company plans to expand and upgrade the current warehouse club and parking areas and to improve access into and out from the location.

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- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph (Note 3) -URI http://asc.fasb.org/extlink&oid=6584154&loc=d3e38371-112697 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717 + Details
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