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Mortgage Loans (Tables)
6 Months Ended
May 31, 2016
Mortgage Loans  
Schedule of mortgage loans

 

    

May 31, 2016

    

Nov. 30, 2015

 

 

 

 

 

 

 

 

 

Variable rate, due October 2, 2017 *

 

$

6,127

 

$

6,217

 

Variable rate, due February 1, 2019 *

 

 

10,464

 

 

10,610

 

Variable rate, due August 1, 2019 *

 

 

 —

 

 

7,501

 

Variable rate, due January 27, 2020 *

 

 

3,668

 

 

3,729

 

Variable rate, due January 2, 2025 *

 

 

20,994

 

 

19,385

 

Variable rate, due September 1, 2025 *

 

 

13,896

 

 

11,457

 

Variable rate, due May 1, 2026 *

 

 

14,350

 

 

 —

 

5.09%, due July 1, 2029

 

 

7,195

 

 

7,385

 

5.09%, due July 1, 2029

 

 

6,066

 

 

6,226

 

4.33%, due August 1, 2030

 

 

17,777

 

 

17,926

 

Total nonrecourse mortgage loans

 

$

100,537

 

$

90,436

 


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