Long-Term Debt (Tables)

9 Months Ended

Aug. 31, 2013

Long-Term Debt

Schedule of long- term debt

	August 31, 2013			December 1, 2012
Nonrecourse mortgages:
6.30%, due May 1, 2014	$	148		$	289
5.73%, due August 1, 2015	18,718			19,018
8.13%, due April 1, 2016	3,690			3,943
7.0%, due October 2, 2017	5,840			6,016
Variable rate mortgage, due October 2, 2017*	6,604			6,726
Variable rate mortgage, due February 1, 2019*	11,213			11,396
Variable rate mortgage, due August 1, 2019*	7,911			8,034
Variable rate mortgage, due January 27, 2020*	3,989			4,067
Variable rate mortgage, due September 1, 2023*	9,100			—
Total nonrecourse mortgages	67,213			59,489
Revolving line of credit	—			—
Capital leases	94			72
Total	67,307			59,561
Less: current portion	(2,104		)	(1,869		)
Total long-term debt	$	65,203		$	57,692

* Griffin entered into interest rate swap agreements effectively to fix the interest rates on these loans (see below).