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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Feb. 28, 2017
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]  
Schedule of Real Estate Development Joint Ventures



 

 

 

 

 

 

 



 

 

 

 

 

 

 

Real Estate Development Joint Ventures

 

Countries

 

Ownership

 

Basis of
Presentation

GolfPark Plaza, S.A.

 

Panama

 

50.0 

%

 

Equity(1)

Price Plaza Alajuela PPA, S.A.

 

Costa Rica

 

50.0 

%

 

Equity(1)



(1)

Joint venture interests are recorded as investment in unconsolidated affiliates on the consolidated balance sheets.

Summary of Value Added Tax Receivables



 

 

 

 

 

 



 

 

 

 

 

 



 

February 28,

 

August 31,



 

2017

 

2016

Prepaid expenses and other current assets

 

$

1,702 

 

$

1,635 

Other non-current assets

 

 

34,060 

 

 

32,502 

Total amount of VAT receivable reported

 

$

35,762 

 

$

34,137 



Summary of Income Tax Receivables



 

 

 

 

 

 



 

 

 

 

 

 



 

February 28,

 

August 31,



 

2017

 

2016

Prepaid expenses and other current assets

 

$

4,756 

 

$

6,402 

Other non-current assets

 

 

12,037 

 

 

10,376 

Total amount of income tax receivable reported

 

$

16,793 

 

$

16,778 



Summary of Foreign Currency Gains and Losses



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Six Months Ended



 

February 28,

 

February 29,

 

February 28,

 

February 29,



 

2017

 

2016

 

2017

 

2016

Currency gain (loss)

 

$

915 

 

$

(552)

 

$

(13)

 

$

(796)