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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2019
Nov. 30, 2018
Nov. 30, 2017
Operating activities:      
Net income (loss) $ 3,668 $ (1,653) $ 4,627
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 11,801 11,404 10,064
Gain on sales of properties (7,829) (879) (10,165)
Impairment loss 3,100 0 0
Noncash rental revenue including straight-line rents (1,567) (1,669) (2,097)
Deferred income taxes (301) 428 2,623
Amortization of debt issuance costs 313 297 333
Stock-based compensation expense 261 350 349
Gain on insurance recovery (126)    
Payment of employee withholding taxes on options exercised (87) (39)  
Amortization of terminated swap agreement 31 211 98
Gain on sales of common stock of Centaur Media plc     (275)
Changes in assets and liabilities:      
Other assets 207 (123) (1,238)
Accounts payable and accrued liabilities (119) (339) 303
Deferred revenue 1,782 253 3,681
Other liabilities 135 200 1,076
Net cash provided by operating activities 11,269 8,441 9,379
Investing activities:      
Additions to real estate assets (29,365) (28,621) (17,605)
Short-term investments, net 15,989 (17,000)  
Acquisition of building (10,168)   (18,440)
Proceeds from sales of properties, net of expenses 9,475 998 13,027
Deferred leasing costs and other (959) (802) (1,556)
Proceeds from sales of properties returned from escrow, net   91 3,444
Proceeds from sales of common stock of Centaur Media plc     1,216
Net cash used in investing activities (15,028) (45,334) (19,914)
Financing activities:      
Proceeds from revolving lines of credit 5,875    
Principal payments on mortgage loans (3,953) (15,439) (19,287)
Dividends paid to stockholders (2,279) (2,000) (1,514)
Proceeds from mortgage and construction loans 1,265 31,623 39,125
Proceeds from exercise of stock options 166 1,802  
Payment of debt issuance costs (33) (569) (595)
Repurchase of common stock     (1,474)
Payment for termination of interest rate swap agreement     (341)
Net cash provided by financing activities 1,041 15,417 15,914
Net (decrease) increase in cash and cash equivalents (2,718) (21,476) 5,379
Cash and cash equivalents at beginning of period 8,592 30,068 24,689
Cash and cash equivalents at end of period $ 5,874 $ 8,592 $ 30,068