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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 31, 2018
Aug. 31, 2017
Aug. 31, 2018
Aug. 31, 2017
Consolidated Statements of Operations        
Rental revenue $ 8,001 $ 7,759 $ 24,374 $ 22,070
Revenue from property sales   2,195 1,023 12,950
Total revenue 8,001 9,954 25,397 35,020
Operating expenses of rental properties 2,189 2,133 7,278 6,822
Depreciation and amortization expense 2,743 2,637 8,450 7,373
General and administrative expenses 1,842 1,735 5,815 6,131
Costs related to property sales   255 144 2,915
Total expenses 6,774 6,760 21,687 23,241
Operating income 1,227 3,194 3,710 11,779
Interest expense (1,487) (1,443) (4,566) (4,200)
Investment income 49 7 75 69
Gain on sale of common stock of Centaur Media plc   275   275
(Loss) income before income tax benefit (provision) (211) 2,033 (781) 7,923
Income tax benefit (provision) 89 (704) (733) (2,806)
Net (loss) income $ (122) $ 1,329 $ (1,514) $ 5,117
Basic net loss per common share:        
Basic net (loss) income per common share (in dollars per share) $ (0.02) $ 0.27 $ (0.30) $ 1.02
Diluted net loss per common share:        
Diluted net (loss) income per common share (in dollars per share) $ (0.02) $ 0.26 $ (0.30) $ 1.02