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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 3 Months Ended
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Nov. 30, 2024
Accounting Policies [Abstract] |
Schedule of Joint Ventures | The Company's ownership interest in a real estate development joint venture the Company has recorded under the equity method as of November 30, 2024 is listed below:
Real Estate Development Joint Venture |  | Country |  | Ownership |  | Basis of Presentation
GolfPark Plaza, S.A. |  | Panama |  | 50.0 | % |  | Equity(1)
(1)Joint venture interests are recorded as investment in unconsolidated affiliates on the consolidated balance sheets.
Schedule of Restricted Cash | The following table summarizes the restricted cash reported by the Company (in thousands):
| November 30, 2024 |  | August 31, 2024
Short-term restricted cash | $ | 3,309 |  |  | $ | 1,383 |
Long-term restricted cash | 12,209 |  |  | 9,564 |
Total restricted cash(1) | $ | 15,518 |  |  | $ | 10,947 |
(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 $8.8 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.
Schedule of Value Added Tax Receivables | The following table summarizes the VAT receivables reported by the Company (in thousands):
| November 30, 2024 |  | August 31, 2024
Prepaid expenses and other current assets | $ | 992 |  |  | $ | 3,322
Other non-current assets | 33,905 |  |  | 30,845
Total amount of VAT receivables reported | $ | 34,897 |  |  | $ | 34,167
Schedule of Income Tax Receivables | The following table summarizes the Income tax receivables reported by the Company (in thousands):
| November 30, 2024 |  | August 31, 2024
Prepaid expenses and other current assets | $ | 19,951 |  |  | $ | 20,088
Other non-current assets | 21,376 |  |  | 23,679
Total amount of income tax receivables reported | $ | 41,327 |  |  | $ | 43,767
Schedule of Net Effect of Foreign Currency Translation | The following table discloses the net effect of translation into the reporting currency on other comprehensive income (loss) for these local currency denominated accounts for the three months ended November 30, 2024 and 2023 (in thousands):
|  |  | Three Months Ended
|  |  |  |  | November 30, 2024 |  | November 30, 2023
Effect on other comprehensive income (loss) due to foreign currency restatement |  |  |  |  | $ | (2,853) |  |  | $ | 3,537 |
Schedule of Foreign Currency Gains (Losses) |
|  |  | Three Months Ended
|  |  |  |  | November 30, 2024 |  | November 30, 2023
Currency loss |  |  |  |  | $ | (6,718) |  |  | $ | (2,701) |

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