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WATER AND LAND ASSETS, Land and Mineral Interests (Details) | 12 Months Ended |  |  |  |
--- | --- | --- | --- | --- | ---
Aug. 31, 2018 USD ($) a Lot | Aug. 31, 2017 USD ($) | Nov. 30, 2015 a | Aug. 31, 2015 a | Aug. 31, 2010 a
Land and Mineral Interests [Abstract] |  |  |  |  |  |
Area of land (in acres) | a |  | 931 |  | 700 | 14,600 |
Net land and mineral interests |  | $ 4,659,569 | $ 6,248,371 |  |  |
Sky Ranch [Member] |  |  |  |  |  |
Land and Mineral Interests [Abstract] |  |  |  |  |  |
Area of land (in acres) | a |  |  |  |  |  | 931
Mineral estate area owned (in acres) | a |  | 151 |  |  |  |
Land | [1] | $ 3,037,557 | 3,623,348 |  |  |
Development costs | [2] | 196,553 | 1,199,564 |  |  |
Inventories |  | $ 585,700 |  |  |  |
Number of platted lots sold | Lot |  | 150 |  |  |  |
Arkansas River Land [Member] |  |  |  |  |  |
Land and Mineral Interests [Abstract] |  |  |  |  |  |
Mineral estate area owned (in acres) | a |  | 13,900 |  |  |  |
Mineral Rights |  | $ 1,425,459 | $ 1,425,459 |  |  |
[1] | The Company transferred $585,700 of Sky Ranch land costs to Inventories related to the initial phase of development, consisting of 151 acres, which began in fiscal 2018.
[2] | The Company transferred the $1.2 million balance for fiscal 2017 of Sky Ranch development costs to Inventories related to the sale of 150 platted lots in fiscal 2018. The $196,500 balance are capitalized development costs not related to the sale of 150 platted lots.

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- Definition Capitalized costs of proved properties that include fee ownership or a lease, concession, or other interest representing the right to extract oil or gas subject to such terms as may be imposed by the conveyance of that interest. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=68064819&loc=d3e61901-109447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 360 -URI http://asc.fasb.org/subtopic&trid=2145654 + Details
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- Definition Fractional interest owned based on working interests or other economic arrangements of lease area on which wells have not been drilled or completed to a point that would permit the production of commercial quantities of oil and gas regardless of whether or not such area contains proved reserves. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1208 -Paragraph (b) + Details
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