Income Taxes (Tables)

12 Months Ended

Nov. 30, 2017

Income Taxes

Schedule of income tax (provision) benefit in continuing operations

	For the Fiscal Years Ended
	Nov. 30,		Nov. 30,		Nov. 30,
	2017		2016		2015
Current federal	$	(43)	$	50	$	(83)
Current state and local		(7)		—		—
Deferred federal		(2,610)		(580)		(217)
Deferred state and local		(13)		(205)		(80)
Total income tax provision	$	(2,673)	$	(735)	$	(380)

Schedule of other comprehensive (loss) income including deferred tax (expense) benefit

	For the Fiscal Years Ended
	Nov. 30,		Nov. 30,		Nov. 30,
	2017		2016		2015
Fair value adjustment of Griffin's cash flow hedges	$	(463)	$	(399)	$	164
Mark to market adjustment on Centaur Media plc		23		347		(16)
Total income tax (expense) benefit included in other comprehensive income (loss)	$	(440)	$	(52)	$	148

Schedule of differences between the income tax benefit at the United States statutory income tax rates and the actual income tax benefit on continuing operations

	For the Fiscal Years Ended
	Nov. 30,		Nov. 30,		Nov. 30,
	2017		2016		2015
Tax provision at statutory rate	$	(2,555)	$	(459)	$	(282)
State and local taxes, including valuation allowance, net of federal tax effect		(18)		(205)		(80)
Permanent items		(41)		(35)		(23)
Other		(59)		(36)		5
Total income tax provision	$	(2,673)	$	(735)	$	(380)

Schedule of significant components of deferred tax assets and deferred tax liabilities

	Nov. 30,		Nov. 30,
	2017		2016
Deferred tax assets:
Deferred revenue	$	3,841	$	3,068
Federal net operating loss carryforwards		3,797		4,037
Retirement benefit plans		1,936		1,675
State net operating loss carryforwards		1,366		1,537
Non-qualified stock options		970		892
Cash flow hedges		159		623
Investment in Centaur Media plc		—		309
Other		226		285
Total deferred tax assets		12,295		12,426
Valuation allowances		(1,363)		(1,514)
Net deferred tax assets		10,932		10,912
Deferred tax liabilities:
Real estate assets		(7,199)		(4,244)
Deferred rent		(1,291)		(1,095)
Other		(538)		(589)
Total deferred tax liabilities		(9,028)		(5,928)
Net total deferred tax assets	$	1,904	$	4,984