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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 9 Months Ended
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May 31, 2022
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract] |
Schedule of Joint Ventures |
Real Estate Development Joint Ventures |  | Countries |  | Ownership |  | Basis of ‎Presentation
GolfPark Plaza, S.A. |  | Panama |  | 50.0 | % |  | Equity(1)
Price Plaza Alajuela PPA, S.A. |  | Costa Rica |  | 50.0 | % |  | Equity(1)
(1)Joint venture interests are recorded as investment in unconsolidated affiliates on the consolidated balance sheets.
Summary of Restricted Cash |
|  | May 31, |  |  | August 31,
|  | 2022 |  |  | 2021
Short-term restricted cash |  | $ | 2,986 |  |  | $ | 3,647
Long-term restricted cash |  |  | 12,203 |  |  |  | 9,772
Total restricted cash(1) |  | $ | 15,189 |  |  | $ | 13,419
(1)Restricted cash consists of cash deposits held within banking institutions in compliance with federal regulatory requirements in Costa Rica and Panama. In addition, the Company is required to maintain a certificate of deposit and/or security deposits of Trinidad dollars, as measured in U.S. dollars, of approximately $10.0 million with a few of its lenders as compensating balances for several U.S. dollar and euro denominated loans payable over several years. The certificates of deposit will be reduced annually commensurate with the loan balances.
Summary of Value Added Tax Receivables |
|  | May 31, |  | August 31,
|  | 2022 |  | 2021
Prepaid expenses and other current assets |  | $ | 3,885 |  | $ | 3,173
Other non-current assets |  |  | 31,564 |  |  | 28,437
Total amount of VAT receivables reported |  | $ | 35,449 |  | $ | 31,610
Summary of Income Tax Receivables |
|  | May 31, |  | August 31,
|  | 2022 |  | 2021
Prepaid expenses and other current assets |  | $ | 9,622 |  | $ | 11,491
Other non-current assets |  |  | 22,281 |  |  | 18,872
Total amount of income tax receivables reported |  | $ | 31,903 |  | $ | 30,363
Net Effect of Foreign Currency Translation |
|  | Three Months Ended |  | Nine Months Ended
|  | May 31, |  | May 31, |  | May 31, |  |  | May 31,
|  | 2022 |  | 2021 |  | 2022 |  |  | 2021
Effect on other comprehensive loss due to foreign currency translation |  | $ | (9,401) |  | $ | (3,007) |  | $ | (15,119) |  | $ | (2,577)
Summary of Foreign Currency Gains (Losses) |
|  | Three Months Ended |  | Nine Months Ended
|  | May 31, |  | May 31, |  | May 31, |  | May 31,
|  | 2022 |  | 2021 |  | 2022 |  | 2021
Currency loss |  | $ | (2,504) |  | $ | (2,240) |  | $ | (6,142) |  | $ | (3,970)

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