Financing Obligation (Tables)

12 Months Ended

Aug. 31, 2014

Financing Obligation [Abstract]

Financing Obligation

AUGUST 31,		2014		2013
Financing obligation payable in
monthly installments of $280 at
August 31, 2014, including
principal and interest, with two
percent annual increases
(imputed interest at 7.7%),
through June 2025	$	27,376	$	28,515
Less current portion		(1,298)		(1,139)
Total financing obligation,
less current portion	$	26,078	$	27,376

Future Principal Maturities

YEAR ENDING
AUGUST 31,
2015	$	1,298
2016		1,473
2017		1,662
2018		1,868
2019		2,092
Thereafter		18,983
	$	27,376

Future Minimum Payments Under The Financing Obligation

YEAR ENDING
AUGUST 31,
2015	$	3,373
2016		3,440
2017		3,509
2018		3,579
2019		3,651
Thereafter		22,679
Total future minimum financing
obligation payments		40,231
Less interest		(14,167)
Present value of future minimum
financing obligation payments	$	26,064