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COMMITMENTS AND CONTINGENCIES (Schedule of Future Minimum Lease Commitments) (Details) - USD ($)
Nov. 25, 2016
Nov. 24, 2016
Feb. 28, 2017
Aug. 31, 2016
COMMITMENTS AND CONTINGENCIES [Abstract]        
2018 [1]     $ 11,570,000  
2019 [1]     11,124,000  
2020 [1],[2]     10,559,000  
2021 [1]     9,481,000  
2022 [1]     8,082,000  
Thereafter [1]     91,164,000  
Total     141,980,000 [1],[3] $ 120,900,000
Sub-lease income     $ 316,678  
Lease expiration date Nov. 30, 2043 May 31, 2021    
[1] Operating lease obligations have been reduced by approximately $316,678 to reflect sub-lease income. Certain obligations under leasing arrangements are collateralized by the underlying asset being leased.
[2] The year 2020 is a leap year with the period ending February 29th.
[3] As of August 31, 2016, total future minimum lease commitments were $120.9 million. The increase during the period ending February 28, 2017 is primarily related to the extension of an existing lease within the Company's Guatemala subsidiary for its Pradera location. The subsidiary signed an extension on November 25, 2016, extending the lease termination date from May 31, 2021 to November 30, 2043. The lease extension included the real property at this location currently used by the Company and added additional square footage in the same shopping center to the lease. This has effectively provided the Company with possession of substantially all of the real property available at that location. The Company plans to expand and upgrade the current warehouse club and parking areas and to improve access into and out from the location.