XML 36 R23.htm IDEA: XBRL DOCUMENT v3.24.1.u1
COMMITMENTS AND CONTINGENCIES (Tables)
 6 Months Ended
Feb. 29, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Lease Commitments The present value of estimated future minimum lease commitments for this lease are as follows (in thousands):
Twelve Months Ended February 28 (except in case of leap year February 29),
Amount
2026$1,132 
20271,655 
20281,616 
20291,577 
20301,540 
Thereafter19,808 
Total future lease payments$27,328 
Schedule of Variable Interest Entities Maximum Loss Exposure
The table below summarizes the Company’s interest in real estate joint ventures, commitments to additional future investments and the Company’s maximum exposure to loss as a result of its involvement in these joint venture as of February 29, 2024 (in thousands):
Entity%
Ownership		Initial
Investment		Additional
Investments		Net Income (Loss)
Inception to
Date		Company’s
Variable
Interest
in Entity
Commitment
to Future
Additional
Investments(1)
Company's
Maximum
Exposure
to Loss in
Entity(2)
GolfPark Plaza, S.A.50 %$4,616 $2,402 $(118)$6,900 $99 $6,999 
Price Plaza Alajuela PPA, S.A.50 %2,193 1,236 229 3,658 785 4,443 
Total$6,809 $3,638 $111 $10,558 $884 $11,442 
(1)The parties intend to seek alternate financing for the projects, which could reduce the amount of investments each party would be required to provide. The parties may mutually agree on changes to the projects, which could increase or decrease the amount of contributions each party is required to provide.
(2)The maximum exposure is determined by adding the Company’s variable interest in the entity and any explicit or implicit arrangements that could require the Company to provide additional financial support.