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WATER AND LAND ASSETS (Tables)
 12 Months Ended
Aug. 31, 2016
Investments In Water Water Systems Land And Improvements Tables  
Schedule of water and water systems
    August 31, 2016     August 31, 2015  
    Costs     Accumulated Depreciation and Depletion     Costs     Accumulated Depreciation and Depletion  
Rangeview water supply   $ 14,444,600     $ (9,400 )   $ 14,444,600     $ (8,800 )
Sky Ranch water rights and other costs     6,607,400       (334,500 )     6,440,800       (194,600 )
Fairgrounds water and water system     2,899,900       (886,800 )     2,899,900       (798,700 )
Rangeview water system     1,624,800       (152,800 )     1,256,300       (110,300 )
Water supply – other     3,703,000       (297,800 )     3,649,800       (193,900 )
Construction in progress     723,500       -       323,500       -  
Totals     30,003,200       (1,681,300 )     29,014,900       (1,306,300 )
Net investments in water and water systems   $ 28,321,900             $ 27,708,600