XML 55 R19.htm IDEA: XBRL DOCUMENT

Note 13 - Fair Value Measurements

9 Months Ended

May 31, 2014

Disclosure Text Block [Abstract]

Fair Value, Measurement Inputs, Disclosure [Text Block]

13. FAIR VALUE MEASUREMENTS

Assets and liabilities that are measured at fair value on a recurring basis primarily relate to marketable equity securities. These items are marked-to-market at each reporting period.

The following tables provide information by level for assets and liabilities that are measured at fair value on a recurring basis:

						Fair Value Measurements Using Inputs Considered as
		Fair Value as of May 31, 2014				Level 1				Level 2				Level 3
Cash equivalents		$	5,520,000			$	5,520,000			$	—			$	—

						Fair Value Measurements Using Inputs Considered as
		Fair Value as of August 31, 2013				Level 1				Level 2				Level 3
Cash equivalents		$	1,020,000			$	1,020,000			$	—			$	—