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Consolidated Balance Sheets - USD ($)
$ in Thousands
May. 31, 2015
Nov. 30, 2014
ASSETS    
Real estate assets at cost, net of accumulated depreciation $ 146,429 $ 134,522
Real estate held for sale 11,414 9,943
Cash and cash equivalents 18,777 17,059
Deferred income taxes 6,428 5,996
Available-for-sale securities 2,373 1,924
Note receivable 1,500 1,451
Proceeds held in escrow 1,000 1,000
Other assets 13,426 14,446
Assets of discontinued operation 36 36
Total assets 201,383 186,377
LIABILITIES AND STOCKHOLDERS' EQUITY    
Mortgage loans 79,965 70,168
Deferred revenue 11,763 8,349
Accounts payable and accrued liabilities 6,315 3,505
Dividend payable   1,030
Other liabilities 7,960 7,438
Liabilities of discontinued operation   8
Total liabilities $ 106,003 $ 90,498
Commitments and Contingencies (Note 10)    
Stockholders' Equity    
Common stock, par value $0.01 per share, 10,000,000 shares authorized, 5,541,029 and 5,537,895 shares issued, respectively and 5,152,708 and 5,149,574 shares outstanding, respectively $ 55 $ 55
Additional paid-in capital 108,129 107,887
Retained earnings 1,296 2,238
Accumulated other comprehensive loss, net of tax (634) (835)
Treasury stock, at cost, 388,321 shares (13,466) (13,466)
Total stockholders' equity 95,380 95,879
Total liabilities and stockholders' equity $ 201,383 $ 186,377