XML 58 R41.htm IDEA: XBRL DOCUMENT
v3.21.2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES , Reimbursable Costs (Details) $ in Thousands | 1 Months Ended | 12 Months Ended
--- | --- | ---
Jan. 31, 2021 USD ($) | Nov. 30, 2019 USD ($) | Aug. 31, 2021 USD ($) item agreement segment | Aug. 31, 2020 USD ($)
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Number of business segments | segment |  |  | 2 |
Number of formats used for selling finished lots to home builders | item |  |  | 2 |
Total revenues |  |  | $ 17,125 | $ 25,855
Project Management Fees [Member] |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Total revenues |  |  | 1,629 |
Public improvement reimbursables Member |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Amounts payable to Pure Cycle by the Sky Ranch CAB |  |  | $ 8,794 | $ 0
Phase 1 Development |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Number of finished lots sold | item |  |  | 505 |
Phase 2 Development |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Number of finished lots sold | item |  |  | 152 |
Sky Ranch CAB [Member] |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Reimbursement for advances made to fund construction of public improvements |  | $ 10,500 |  |
Reimbursement for advances made to fund construction of public improvements with proceeds from unencumbered funds | $ 400 |  |  |
Revenue recognized related to amounts owed |  |  | $ 3,100 |
Interest rate |  |  | 6.00% |
Number of service agreements for project management services | agreement |  |  | 2 |
Project management fee |  |  | 5.00% |
Costs incurred to date |  |  | $ 35,699 |
Payments repaid by Sky Ranch CAB |  |  | 10,905 |
Amounts payable to Pure Cycle by the Sky Ranch CAB |  |  | 24,794 |
Sky Ranch CAB [Member] | Bonds [Member] |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Face amount |  | 13,200 |  |
Sky Ranch CAB [Member] | Project Management Fees [Member] |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Total revenues |  |  | 1,700 |
Sky Ranch CAB [Member] | Public improvement reimbursables Member |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Costs incurred to date excluding accrued interest |  |  | 29,700 |
Costs incurred to date |  |  | 32,646 |
Payments repaid by Sky Ranch CAB |  |  | 10,905 |
Amounts payable to Pure Cycle by the Sky Ranch CAB |  |  | 21,741 |
Sky Ranch CAB [Member] | Phase 1 Reimbursable Public Improvements And Construction Support Activities And Accrued Interest [Member] |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Costs incurred to date |  | $ 32,700 | 32,600 |
Sky Ranch CAB [Member] | Phase 1 Public Improvements [Member] |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Costs incurred to date |  |  | 27,199 |
Payments repaid by Sky Ranch CAB |  |  | 10,505 |
Amounts payable to Pure Cycle by the Sky Ranch CAB |  |  | 16,694 |
Sky Ranch CAB [Member] | Phase 1 Accrued Interest [Member] |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Costs incurred to date |  |  | 2,926 |
Payments repaid by Sky Ranch CAB |  |  | 400 |
Amounts payable to Pure Cycle by the Sky Ranch CAB |  |  | 2,526 |
Sky Ranch CAB [Member] | Phase 1 Project Management Services [Member] |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Costs incurred to date |  |  | 1,570 |
Amounts payable to Pure Cycle by the Sky Ranch CAB |  |  | 1,570 |
Sky Ranch CAB [Member] | Phase 1 Construction Support Activities [Member] |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Costs incurred to date |  |  | 951 |
Amounts payable to Pure Cycle by the Sky Ranch CAB |  |  | 951 |
Sky Ranch CAB [Member] | Phase 2 Reimbursable Costs [Member] |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Costs incurred to date |  |  | 3,053 |
Amounts payable to Pure Cycle by the Sky Ranch CAB |  |  | 3,053 |
Sky Ranch CAB [Member] | Phase 2 Public Improvements [Member] |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Costs incurred to date |  |  | 2,935 |
Amounts payable to Pure Cycle by the Sky Ranch CAB |  |  | 2,935 |
Sky Ranch CAB [Member] | Phase 2 Accrued Interest [Member] |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Costs incurred to date |  |  | 33 |
Amounts payable to Pure Cycle by the Sky Ranch CAB |  |  | 33 |
Sky Ranch CAB [Member] | Phase 2 Project Management Services [Member] |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Costs incurred to date |  |  | 85 |
Amounts payable to Pure Cycle by the Sky Ranch CAB |  |  | $ 85 |
Sky Ranch CAB [Member] | Phase 1 Development |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Number of finished lots sold | item |  |  | 356 |
Sky Ranch CAB [Member] | Phase 2 Development |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Number of finished lots sold | item |  |  | 804 |
Sky Ranch CAB [Member] | First Subphase |  |  |  |
Revenue Recognition and Reimbursable Costs [Abstract] |  |  |  |
Number of finished lots sold | item |  |  | 152 |

X
- Definition Number of finished lots sold during the period. + References No definition available. + Details
Name: | pcyo_NumberOfFinishedLotsSold
Namespace Prefix: | pcyo_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of formats used for selling finished lots pursuant to distinct agreements with each home builder. + References No definition available. + Details
Name: | pcyo_NumberOfFormatsUsedForSellingFinishedLotsToHomeBuilders
Namespace Prefix: | pcyo_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of service agreements for project management services. + References No definition available. + Details
Name: | pcyo_NumberOfServiceAgreements
Namespace Prefix: | pcyo_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition The cash inflow from payments received for costs that are reimbursable to the Company for development of the Sky Ranch Master Planned Community. + References No definition available. + Details
Name: | pcyo_ProceedsFromReimbursableCosts
Namespace Prefix: | pcyo_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash inflow from payments received from unencumbered funds resulting from a budget surplus in 2020. + References No definition available. + Details
Name: | pcyo_ProceedsFromUnencumberedFundsFromBudgetSurplus
Namespace Prefix: | pcyo_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The percentage of actual construction costs of Sky Ranch Community Authority Board (CAB)-eligible public improvements charged as a project management fee. + References No definition available. + Details
Name: | pcyo_ProjectManagementFeePercentage
Namespace Prefix: | pcyo_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of costs incurred to date, that are reimbursable to the Company, for development of the Sky Ranch Master Planned Community. + References No definition available. + Details
Name: | pcyo_ReimbursableCostsCostIncurredToDate
Namespace Prefix: | pcyo_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of payments received to date for costs that are reimbursable to the Company for development of the Sky Ranch Master Planned Community. + References No definition available. + Details
Name: | pcyo_ReimbursableCostsPaymentsReceived
Namespace Prefix: | pcyo_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of costs incurred to date, excluding accrued interest that are reimbursable to the Company, for development of the Sky Ranch Master Planned Community. + References No definition available. + Details
Name: | pcyo_ReimbursementCostIncurredExcludingAccruedInterest
Namespace Prefix: | pcyo_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of revenue recognized that was previously included in balance of obligation to transfer good or service to customer for which consideration from customer has been received or is due. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 8 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130549-203045 + Details
Name: | us-gaap_ContractWithCustomerLiabilityRevenueRecognized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amounts due from parties associated with the reporting entity as evidenced by a written promise to pay, due after 1 year (or 1 business cycle). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(k)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)(a)(2)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(11)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_NotesReceivableRelatedPartiesNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 18 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8672-108599 + Details
Name: | us-gaap_NumberOfOperatingSegments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Identify the stated interest rate per the agreement, for example, leasing and debt arrangements between related parties. + References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130543-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 924 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 11.L) -URI http://asc.fasb.org/extlink&oid=6472922&loc=d3e499488-122856 + Details
Name: | us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | srt_ProductOrServiceAxis=pcyo_ProjectManagementFeesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=pcyo_Phase1ReimbursableCostsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=pcyo_Phase1DevelopmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=pcyo_Phase2DevelopmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=pcyo_SkyRanchCommunityAuthorityBoardMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_BondsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=pcyo_Phase1ReimbursablePublicImprovementsAndConstructionSupportActivitiesAndAccruedInterestMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=pcyo_Phase1ReimbursablePublicImprovementsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=pcyo_Phase1AccruedInterestMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=pcyo_Phase1ProjectManagementServicesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=pcyo_Phase1ConstructionSupportActivitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=pcyo_Phase2ReimbursableCostsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=pcyo_Phase2ReimbursablePublicImprovementsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=pcyo_Phase2AccruedInterestMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=pcyo_Phase2ProjectManagementServicesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=pcyo_FirstSubphaseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |