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LONG-TERM OBLIGATIONS AND OPERATING LEASE (Tables) | 12 Months Ended
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Aug. 31, 2014
Long-Term Obligations And Operating Lease Tables |
Schedule of remaining third party obligation |
Mortgage notes payable, primarily bear interest at 5%, 5 year term; one note in amount of $1.75 million has 20 year term |  |  | 4,958,200 |
Less: current portion |  |  | (926,000 | )
Total long-term mortgage payable |  | $ | 4,032,200 |
Future Maturities |  |  |  |
2015 |  |  | 926,000 |
2016 |  |  | 892,100 |
2017 |  |  | 937,600 |
2018 |  |  | 615,000 |
2019 |  |  | 123,500 |
Post 2019 |  |  | 1,464,000 |
Total |  | $ | 4,958,200 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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