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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) (USD $)
12 Months Ended
Aug. 31, 2014
Aug. 31, 2013
Numerator    
Net income attributable to common shareholders $ 3,025,491 $ 2,886,598
Denominator    
Weighted-average number of common shares outstanding during the period 16,173,674 15,996,432
Dilutive effect of stock options 234,077 323,551
Common stock and common stock equivalents used for diluted earnings per share 16,407,751 16,319,983