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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) (USD $) | 12 Months Ended |
--- | --- | ---
Aug. 31, 2013 gal acre | Aug. 31, 2012 gal | Aug. 31, 2011 gal | Mar. 10, 2011
Interest paid during the period | $ 123,500 |  |  |
Allowance for uncollectible accounts | 41,100 | 20,400 |  |
Interest Expense, Other | 3,275,378 | 3,470,523 | 3,847,000 |
Number of water taps subject to tap participation fee | 17,194 |  |  |
Single family equivalent, yearly water demand | 0.4 |  |  |
Single family equivalent, daily wastewater flows | 300 |  |  |
Water delivered to customers | 69,200,000 | 34,200,000 | 34,500,000 |
Water tap fees recognized | 14,294 | 14,296 | 14,296 |
Special facility funding recognized | 41,508 | 41,508 | 41,508 |
Yearly construction revenue for Special Facilities at the Fairgrounds | 82,200 |  |  |
Yearly construction revenue for Special Facilities at the Fairgrounds, interest rate | 6.00% |  |  |
Interest income related to construction of Special Facilities | 5,500 | 19,200 | 22,900 |
Easements granted to Front Range Pipeline | 28,700 |  |  |
Anadarko deferred lease revenues |  |  |  | 1,243,400
Number of acres for exploration and development | 634 |  |  |
Lease revenue from up-front payments | 416,000 | 423,000 | 199,000 |
Share-based Compensation | 66,812 | 54,588 | 94,550 |
Anti-dilutive common stock options and warrants excluded from calculation of loss per common share | 247,600 | 215,100 | 280,100 |
Deferred Oil and Gas Tap Fees |  |  |  |
Deferred Revenue | 327,600 |  |  |
County Tap And Construction Fee Deferred Revenue |  |  |  |
Deferred Revenue | 1,300,000 |  |  |
Front Range Pipeline |  |  |  |
Deferred Revenue | 18,900 |  |  |
Agricultural |  |  |  |
Deferred Revenue | $ 397,300 |  |  |

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