Hovering circular-dohnut shaped object with red and green-blue light moving at an incredibly fast pace up and across the night sky!!!4 family members were outside at about 12:52 am to see the Perseid meteor shower, we live out in the country which gives us a perfect clear nightsky. I saw towards the north and a circular object with red and greenish-blue lights was hovering from side to side smoothly but straight up within seconds. I quickly told others and we ruled out it could not possibly be any aircraft given the way it was moving! Another member came out and we were in awe! THe UFO then went south passing above us at a high altitude and we heard sound......I immediately called my brother withing city limits and he saw it too and at the exact moment it was above me, there was a sound on our phones!!!!!! The UFO continued to travel south towards Mexico until it faded away. It was too bizarre.....we are still in shock..... Then at about 3:02am, we are about to go inside, when we see what appears to be the same object this time going straight up hovering from the East side, but farther awa! y. It moved acros the sky towards the northwest and faded! My in-laws are Christians and could NOT believe what they also saw. Unfortunately, we had no camera available at the time.((NUFORC Note: Witness elects to remain totally anonymous; provides no contact information. PD))