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Financing Obligation (Tables)

12 Months Ended

Aug. 31, 2015

Financing Obligation [Abstract]

Financing Obligation

AUGUST 31,		2015		2014
Financing obligation payable in
monthly installments of $286 at
August 31, 2015, including
principal and interest, with two
percent annual increases
(imputed interest at 7.7%),
through June 2025	$	26,078	$	27,376
Less current portion		(1,473)		(1,298)
Total financing obligation,
less current portion	$	24,605	$	26,078

Future Principal Maturities

YEAR ENDING
AUGUST 31,
2016	$	1,473
2017		1,662
2018		1,868
2019		2,092
2020		2,335
Thereafter		16,648
	$	26,078

Future Minimum Payments Under The Financing Obligation

YEAR ENDING
AUGUST 31,
2016	$	3,440
2017		3,509
2018		3,579
2019		3,651
2020		3,724
Thereafter		18,956
Total future minimum financing
obligation payments		36,859
Less interest		(12,093)
Present value of future minimum
financing obligation payments	$	24,766

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Financing Obligation [Abstract]

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The entire disclosure for capital leasing arrangements including, but not limited to, the following: a) the basis on which contingent rental payments are determined; (b) the existence and terms of renewal or purchase options and escalation clauses; (c) restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented.

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