FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Feb. 28, 2014

Fair Value Measurements Tables

Schedule of fair value of assets and liabilities measured on a recurring basis

The following table provides information on the assets and liabilities measured at fair value on a recurring basis as of February 28, 2014:

					Fair Value Measurement Using
			Cost / Other		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs		Total Unrealized
	Fair Value		Value		(Level 1)		(Level 2)		(Level 3)		Gain
Tap Participation Fee liability	$	24,632,100	$	24,632,100	$	—	$	—	$	24,632,100	$	—

Schedule of unobservable input reconciliation of fair value liabilities measured on a recurring basis

Although not required, the Company deems the following table, which presents the changes in the TPF for the six months ended February 28, 2014, to be helpful to the users of its consolidated financial statements:

	Fair Value Measurement using Significant Unobservable Inputs (Level 3)
	Gross Estimated Tap Participation Fee Liability			Tap Participation Fee Reported Liability			Discount - to be imputed as interest expense in future periods
Balance at August 31, 2013	$	102,681,900		$	59,807,300		$	42,874,600
Total gains and losses (realized and unrealized):		—			—			—
Imputed interest recorded as “Other Expense”		—			1,060,200			(1,060,200	)
Purchases, sales, issuances, payments, and settlements		(63,233,700	)		(36,235,400	)		(26,998,300	)
Transfers in and/or out of Level 3		—			—			—
Balance at February 28, 2014	$	39,448,200		$	24,632,100		$	14,816,100