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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2016
Nov. 30, 2015
Nov. 30, 2014
Operating activities:      
Net income (loss) $ 576 $ 425 $ (1,104)
Income from discontinued operations     (144)
Income (loss) from continuing operations 576 425 (1,248)
Adjustments to reconcile income (loss) from continuing operations to net cash provided by operating activities of continuing operations:      
Depreciation and amortization 8,797 7,668 6,729
Gain on sales of properties (3,554) (2,849) (2,864)
Deferred income taxes 785 297 123
Stock-based compensation expense 267 230 338
Amortization of debt issuance costs 283 226 259
Gain on sale of assets (122)    
Accretion of discount on note receivable   (49) (165)
Loss on debt extinguishment     51
Gain on sale of common stock in Centaur Media plc     (318)
Changes in assets and liabilities:      
Other assets 59 1,124 (631)
Accounts payable and accrued liabilities 337 475 (276)
Deferred revenue (656) 4,924 2,987
Other liabilities 445 490 329
Net cash provided by operating activities of continuing operations 7,217 12,961 5,314
Net cash used in operating activities of discontinued operations     39
Net cash provided by operating activities 7,217 12,961 5,353
Investing activities:      
Additions to real estate assets (15,734) (31,188) (15,583)
Proceeds from sales of properties, net of expenses 3,536 994 554
Proceeds from property sales (deposited in) returned from escrow, net (3,536)   8,864
Deferred leasing costs and other (890) (1,011) (1,171)
Proceeds from collection of note receivable   1,500 2,750
Proceeds from sales of common stock in Centaur Media plc     566
Proceeds from sale of business, net of expenses     169
Net cash used in investing activities (16,624) (29,705) (3,851)
Financing activities:      
Proceeds from mortgage loans 45,525 40,391 5,477
Payments on mortgage loans (24,822) (20,123) (2,017)
Repurchase of common stock (3,354)    
Dividends paid to stockholders (1,546) (1,030) (1,029)
Payment of debt issuance costs (578) (762) (133)
Mortgage proceeds returned from (deposited in) escrow 600 (600) (1,000)
Proceeds from exercise of stock options   80 80
Net cash provided by financing activities 15,825 17,956 1,378
Net increase in cash and cash equivalents 6,418 1,212 2,880
Cash and cash equivalents at beginning of period 18,271 17,059 14,179
Cash and cash equivalents at end of period $ 24,689 $ 18,271 $ 17,059