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WATER AND LAND ASSETS (Tables)
 6 Months Ended
Feb. 28, 2021
WATER AND LAND ASSETS [Abstract]  
Investments in Water and Water Systems
The Company’s Investments in water and water systems consist of the following costs and accumulated depreciation and depletion at February 28, 2021 and August 31, 2020:

  
February 28, 2021
  
August 31, 2020
 
  
Costs
  
Accumulated
Depreciation
and Depletion
  
Costs
  
Accumulated
Depreciation
and Depletion
 
  
(In thousands)
 
Rangeview water supply
 
$
14,573
  
$
(16
)
 
$
14,570
  
$
(15
)
Sky Ranch water rights and other costs
  
7,336
   
(995
)
  
7,499
   
(981
)
Fairgrounds water and water system
  
2,900
   
(1,283
)
  
2,900
   
(1,239
)
Rangeview water system
  
16,960
   
(1,157
)
  
15,948
   
(789
)
Water supply – Other
  
7,548
   
(1,274
)
  
7,550
   
(1,116
)
Wild Pointe service rights
  
1,632
   
(741
)
  
1,632
   
(708
)
Sky Ranch pipeline
  
5,727
   
(698
)
  
5,727
   
(602
)
Lost Creek water supply
  
3,374
   
—
   
3,372
   
—
 
Construction in progress
  
851
   
—
   
1,339
   
—
 
Totals
  
60,901
   
(6,164
)
  
60,537
   
(5,450
)
Net investments in water and water systems
 
$
54,737
      
$
55,087