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WATER ASSETS (Tables) | 12 Months Ended
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Aug. 31, 2013
Water Assets Tables |
Schedule of water and water systems | The Company’s water and water systems consist of the following approximate costs and accumulated depreciation and depletion as of August 31:
|  | August 31, 2013 |  |  | August 31, 2012 |
|  |  |  |  | Accumulated |  |  |  |  |  | Accumulated |
|  |  |  |  | Depreciation |  |  |  |  |  | Depreciation |
|  | Costs |  |  | and Depletion |  |  | Costs |  |  | and Depletion |
Arkansas River assets |  | $ | 69,112,300 |  |  | $ | (1,487,700 | ) |  | $ | 69,112,300 |  |  | $ | (1,315,900 | )
Rangeview water supply |  |  | 14,667,000 |  |  |  | (7,700 | ) |  |  | 14,376,100 |  |  |  | (7,100 | )
Sky Ranch water rights and other costs |  |  | 3,915,100 |  |  |  | (79,800 | ) |  |  | 3,924,100 |  |  |  | (50,800 | )
Fairgrounds water and water system |  |  | 2,899,900 |  |  |  | (622,600 | ) |  |  | 2,899,900 |  |  |  | (534,500 | )
Rangeview water system |  |  | 167,700 |  |  |  | (72,800 | ) |  |  | 167,700 |  |  |  | (67,600 | )
Water supply – other |  |  | 43,200 |  |  |  | (22,400 | ) |  |  | 25,600 |  |  |  | (19,400 | )
Totals |  |  | 90,805,200 |  |  |  | (2,293,000 | ) |  |  | 90,505,700 |  |  |  | (1,995,300 | )
Net investments in water and water systems |  | $ | 88,512,200 |  |  |  |  |  |  | $ | 88,510,400 |  |  |  |  |

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 13 -Subparagraph b -Article 5 + Details
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