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7. SHAREHOLDERS' EQUITY (Details Narrative) - USD ($)
12 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Aug. 31, 2015
2007 Stock Option Plan [Member]      
Common stock reserved for issuance under the plan 2,000,000    
Options both ISO and NQSO [Member]      
Fair value of the options granted $ 1,294,826 $ 1,189,730 $ 113,435
Dividend yield 2.15% 2.32% 3.03%
Pre-vest forfeiture rate 6.17% 6.31% 6.20%
Expected volatility 32.93% 34.22% 47.13%
Risk-free interest rate 2.16% 1.42% 2.09%
Expected life 6 years 9 months 11 days 6 years 9 months 18 days 6 years 10 months 21 days
Fair value of non-vested stock options $ 1,866,395 $ 1,366,269  
Weighted average amortizable period 7 years 7 months 2 days 7 years 6 months 29 days