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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2018
Nov. 30, 2017
Nov. 30, 2016
Operating activities:      
Net (loss) income $ (1,653) $ 4,627 $ 576
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 11,404 10,064 8,797
Gain on sales of properties (879) (10,165) (3,554)
Deferred income taxes 428 2,623 785
Stock-based compensation expense 350 349 267
Amortization of debt issuance costs 297 333 283
Amortization of terminated swap agreement 211 98  
Payment of employee withholding taxes on options exercised (39)    
Gain on sale of common stock of Centaur Media plc   (275)  
Gain on sale of assets     (122)
Changes in assets and liabilities:      
Other assets (320) (2,050) 59
Accounts payable and accrued liabilities (339) 303 337
Deferred revenue (1,219) 2,396 (656)
Other liabilities 200 1,076 445
Net cash provided by operating activities 8,441 9,379 7,217
Investing activities:      
Additions to real estate assets (28,621) (17,605) (15,734)
Short-term investments, net (17,000)    
Proceeds from sales of properties, net of expenses 998 13,027 3,536
Deferred leasing costs and other (802) (1,556) (890)
Proceeds from sales of properties returned from (deposited in) escrow, net 91 3,444 (3,536)
Acquisition of building   (18,440)  
Proceeds from sales of common stock of Centaur Media plc   1,216  
Net cash used in investing activities (45,334) (19,914) (16,624)
Financing activities:      
Proceeds from mortgage and construction loans 31,623 39,125 45,525
Principal payments on mortgage loans (15,439) (19,287) (24,822)
Dividends paid to stockholders (2,000) (1,514) (1,546)
Proceeds from exercise of stock options 1,802    
Payment of debt issuance costs (569) (595) (578)
Repurchase of common stock   (1,474) (3,354)
Mortgage proceeds returned from escrow     600
Payment for termination of interest rate swap agreement   (341)  
Net cash provided by financing activities 15,417 15,914 15,825
Net (decrease) increase in cash and cash equivalents (21,476) 5,379 6,418
Cash and cash equivalents at beginning of period 30,068 24,689 18,271
Cash and cash equivalents at end of period $ 8,592 $ 30,068 $ 24,689