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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Aug. 31, 2017
Aug. 31, 2016
Consolidated Statements of Operations        
Rental revenue $ 7,759 $ 6,514 $ 22,070 $ 19,998
Revenue from property sales 2,195 751 12,950 473
Total revenue 9,954 7,265 35,020 20,471
Operating expenses of rental properties 2,133 1,982 6,822 6,140
Depreciation and amortization expense 2,637 2,226 7,373 6,540
Costs related to property sales 255 193 2,915 193
General and administrative expenses 1,735 1,775 6,131 5,435
Total expenses 6,760 6,176 23,241 18,308
Operating income 3,194 1,089 11,779 2,163
Interest expense (1,443) (1,162) (4,200) (3,315)
Gain on sale of common stock of Centaur Media plc 275   275  
Gain on sale of assets       122
Investment income 7   69 62
Income (loss) before income tax (provision) benefit 2,033 (73) 7,923 (968)
Income tax (provision) benefit (704) 24 (2,806) 205
Net Income (Loss) $ 1,329 $ (49) $ 5,117 $ (763)
Basic net income (loss) per common share:        
Basic net income (loss) per common share (in dollars per share) $ 0.27 $ (0.01) $ 1.02 $ (0.15)
Diluted net income (loss) per common share:        
Diluted net income (loss) per common share (in dollars per share) $ 0.26 $ (0.01) $ 1.02 $ (0.15)