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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Oil and Gas Lease Payments (Details)
12 Months Ended
Aug. 31, 2018
USD ($)
a
Well
Aug. 31, 2017
USD ($)
Aug. 31, 2016
USD ($)
Aug. 31, 2014
a
Aug. 31, 2011
a
Sep. 20, 2017
USD ($)
Aug. 31, 2015
USD ($)
a
Feb. 28, 2014
USD ($)
Oil and Gas Lease Payments [Abstract]                
Deferred revenue $ 477,161 $ 1,055,488 $ 1,130,291          
Contract revenues recognized $ (2,190,039) (74,803)            
Number of drilling wells | Well 2              
Oil and gas royalty income, net $ 191,309 186,595 343,620          
Rangeview District [Member]                
Oil and Gas Lease Payments [Abstract]                
Mineral estate area owned (in acres) | a             40  
Deferred revenue             $ 72,000  
Contract revenues recognized   $ (19,000) $ (360,800)          
Anadarko E&P Company, L.P [Member]                
Oil and Gas Lease Payments [Abstract]                
Term period of lease         3 years      
Mineral estate area owned (in acres) | a         634      
Bison Oil and Gas, LLP [Member]                
Oil and Gas Lease Payments [Abstract]                
Term period of lease 3 years              
Mineral estate area owned (in acres) | a 40              
Deferred revenue           $ 167,200    
Contract revenues recognized $ (51,100)              
Wholly-owned Subsidiary of ConocoPhillips [Member]                
Oil and Gas Lease Payments [Abstract]                
Term period of lease       2 years        
Mineral estate area owned (in acres) | a       634        
Deferred revenue               $ 1,243,400