PARTICIPATING INTERESTS IN EXPORT WATER (Tables)

12 Months Ended

Aug. 31, 2014

Participating Interests In Export Water Tables

Schedule of remaining third party obligation

As a result of the acquisitions, and due to the sale of Export Water, as detailed in the table below, the remaining potential third party obligation at August 31, 2014, is approximately $1 million:

	Export Water Proceeds Received		Initial Export Water Proceeds to Pure Cycle			Total Potential Third party Obligation			Paticipating Interests Liability			Contingency
Original balances	$	–	$	218,500		$	31,807,700		$	11,090,600		$	20,717,100
Activity from inception until August 31, 2012:
Acquisitions		–		28,077,500			(28,077,500	)		(9,790,000	)		(18,287,500	)
Option payments - Sky Ranch
and The Hills at Sky Ranch		110,400		(42,300	)		(68,100	)		(23,800	)		(44,300	)
Arapahoe County tap fees *		533,000		(373,100	)		(159,900	)		(55,800	)		(104,100	)
Export Water sale payments		111,300		(77,900	)		(33,400	)		(12,100	)		(21,300	)
Balance at August 31, 2012		754,700		27,802,700			3,468,800			1,208,900			2,259,900
Fiscal 2013 activity:
Export Water sale payments		158,000		(110,600	)		(47,400	)		(16,000	)		(31,400	)
Balance at August 31, 2013		912,700		27,692,100			3,421,400			1,192,900			2,228,500
Fiscal 2014 activity:
Export Water sale payments		91,600		(73,700	)		(17,900	)		(6,200	)		(11,700	)
Relinquishment				2,386,400			(2,386,400	)		(832,100	)		(1,554,300	)
Balance at August 31, 2014	$	1,004,300	$	30,004,800		$	1,017,100		$	354,600		$	662,500