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3. WATER AND LAND ASSETS (Tables)
3 Months Ended
Nov. 30, 2015
Investments In Water Water Systems Land And Improvements Tables  
Schedule of water and water systems
    November 30, 2015     August 31, 2015  
    Costs     Accumulated Depreciation and Depletion     Costs     Accumulated Depreciation and Depletion  
Rangeview water supply   $ 14,444,600     $ (9,000 )   $ 14,444,600     $ (8,800 )
Sky Ranch water rights and other costs     6,440,800       (219,000 )     6,440,800       (194,600 )
Fairgrounds water and water system     2,899,900       (820,700 )     2,899,900       (798,700 )
Rangeview water system     1,256,300       (120,700 )     1,256,300       (110,300 )
Water supply – other     3,995,700       (220,000 )     3,973,300       (193,900 )
Totals     29,037,300       (1,389,400 )     29,014,900       (1,306,300 )
Net investments in water and water systems   $ 27,647,900             $ 27,708,600