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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 31, 2016
Aug. 31, 2015
Aug. 31, 2016
Aug. 31, 2015
Consolidated Statements of Operations        
Rental revenue $ 6,514 $ 6,608 $ 19,998 $ 17,966
Revenue from property sales 751 1,576 473 2,647
Total revenue 7,265 8,184 20,471 20,613
Operating expenses of rental properties 1,982 2,125 6,140 6,410
Depreciation and amortization expense 2,226 1,923 6,540 5,627
Costs related to property sales 193 162 193 484
General and administrative expenses 1,775 1,333 5,435 5,191
Total expenses 6,176 5,543 18,308 17,712
Operating income 1,089 2,641 2,163 2,901
Interest expense (1,162) (801) (3,315) (2,645)
Gain on sale of assets     122  
Investment income   6 62 111
(Loss) income before income tax benefit (provision) (73) 1,846 (968) 367
Income tax benefit (provision) 24 (643) 205 (106)
Net loss $ (49) $ 1,203 $ (763) $ 261
Basic net income (loss) per common share:        
Basic net loss per common share (in dollars per share) $ (0.01) $ 0.23 $ (0.15) $ 0.05
Diluted net income (loss) per common share:        
Diluted net loss per common share (in dollars per share) $ (0.01) $ 0.23 $ (0.15) $ 0.05