CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
May 31, 2024	May 31, 2023	May 31, 2024	May 31, 2023
Revenues:
Total revenues	$ 7,604	$ 6,879	$ 16,187	$ 11,218
Cost of revenues:
Depletion and depreciation	410	407	1,132	1,246
Other	174	71	406	318
Total cost of revenues	2,738	2,206	6,202	4,942
General and administrative expenses	1,647	805	5,082	3,900
Depreciation	151	111	447	348
Total Operating Expenses	2382.0	1394.0	7067.0	5812.0	0
Operating income	3,068	3,757	4,456	2,028
Other income (expense):
Interest income - Investments	279	281	873	727
Oil and gas royalty income, net	392	44	479	227
Oil and gas lease income, net	18	18	56	56
Total Other Income Expenses	580.0	291.0	1080.0	861.0	0
Interest expense, net	(109)	(52)	(328)	(149)
Income from operations before income taxes	3,852	4,419	6,813	4,987
Income tax expense	(1,027)	(1,124)	(1,805)	(1,344)
Net income	$ 2,825	$ 3,295	$ 5,008	$ 3,643
Earnings per common share - basic and diluted
Basic (in dollars per share)	$ 0.12	$ 0.14	$ 0.21	$ 0.15
Diluted (in dollars per share)	$ 0.12	$ 0.14	$ 0.21	$ 0.15
Weighted average common shares outstanding:
Weighted average common shares outstanding, Basic (in shares)	24,087,170	24,054,843	24,085,578	24,021,582
Weighted average common shares outstanding, Diluted (in shares)	24,143,039	24,166,344	24,146,361	24,131,621
Related Party
Other income (expense):
Other, net	$ 217	$ 331	$ 1,156	$ 841
Nonrelated Party [Member]
Other income (expense):
Other, net	(13)	40	121	1,257
Water Service Operations [Member]
Cost of revenues:
Expenses	564	576	1,628	1,457
Metered Water Usage - Municipal Customers [Member]
Revenues:
Total revenues	145	145	458	349
Metered Water Usage-Commercial Customers [Member]
Revenues:
Total revenues	1,432	2,145	5,045	2,596
Wastewater Service Operations [Member]
Cost of revenues:
Expenses	173	96	513	350
Wastewater Treatment Fees [Member]
Revenues:
Total revenues	85	75	258	216
Land Development Construction Costs [Member]
Cost of revenues:
Expenses	1,192	951	1,961	1,291
Water and Wastewater Tap Fees
Revenues:
Total revenues	581	1,256	1,162	2,400
Lot Sales
Revenues:
Total revenues	4,795	3,160	7,906	5,064
Project Management Fees - Recognized
Revenues:
Total revenues	221	42	362	173
Single Family Rentals [Member]
Revenues:
Total revenues	123	34	357	90
Cost of revenues:
Expenses	71	24	161	53
Special Facility Projects and Other [Member]
Revenues:
Total revenues	222	22	639	330
Project Management Costs [Member]
Cost of revenues:
Expenses	$ 154	$ 81	$ 401	$ 227

Amount of expense for allocation of cost of tangible and intangible assets over their useful lives, and reduction in quantity of natural resource due to consumption directly used in production of good and rendering of service.

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2