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COMMITMENTS AND CONTINGENCIES (Tables)
9 Months Ended
May 31, 2025
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 May 31,
Amount
2027$139 
20281,612 
20291,571 
20301,530 
20311,490 
Thereafter19,379 
Total future lease payments$25,721 
Schedule of Variable Interest Entities Maximum Loss Exposure
The table below summarizes the Company’s interest in a real estate joint venture, commitments to additional future investments and the Company’s maximum exposure to loss as a result of its involvement in this joint venture as of May 31, 2025 (in thousands):
Entity%
Ownership
Initial
Investment
Additional
Investments
Net 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 $(148)$6,870 $99 $6,969 
(1)The parties intend to seek alternate financing for the project, which could reduce the amount of investments each party would be required to provide. The parties may mutually agree on changes to the project, 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.