XML 51 R20.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

Note 13 - Fair Value Measurements

3 Months Ended

Nov. 30, 2019

Notes to Financial Statements

Fair Value Measurement and Measurement Inputs, Recurring and Nonrecurring [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, and the Company estimates that market value approximates costs.

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 November 30, 2019				Level 1				Level 2				Level 3
Available for sale securities		$	2,987,095			$	2,987,095			$	—			$	—

						Fair Value Measurements Using Inputs Considered as
		Fair value as of August 31, 2019				Level 1				Level 2				Level 3
Available for sale securities		$	3,565,258			$	3,565,258			$	—			$	—

There were

no

transfers between Level

1,

Level

2,

or Level

3

during the

three

months ended

November 30, 2019

or

2018.

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureTextBlockAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure of the fair value measurement of assets and liabilities, which includes financial instruments measured at fair value that are classified in shareholders' equity, which may be measured on a recurring or nonrecurring basis.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-URI http://asc.fasb.org/topic&trid=2155941

+ Details

Name:	us-gaap_FairValueMeasurementInputsDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration