Financing Obligation (Tables)

12 Months Ended

Aug. 31, 2016

Financing Obligation [Abstract]

Financing Obligation

AUGUST 31,		2016		2015
Financing obligation payable in
monthly installments of $291 at
August 31, 2016, including
principal and interest, with two
percent annual increases
(imputed interest at 7.7%),
through June 2025	$	24,605	$	26,078
Less current portion		(1,662)		(1,473)
Total financing obligation,
less current portion	$	22,943	$	24,605

Future Principal Maturities

YEAR ENDING
AUGUST 31,
2017	$	1,662
2018		1,868
2019		2,092
2020		2,335
2021		2,600
Thereafter		14,048
	$	24,605

Future Minimum Payments Under The Financing Obligation

YEAR ENDING
AUGUST 31,
2017	$	3,509
2018		3,579
2019		3,651
2020		3,724
2021		3,798
Thereafter		15,157
Total future minimum financing
obligation payments		33,418
Less interest		(10,125)
Present value of future minimum
financing obligation payments	$	23,293