Mortgage Loans and Interest Rate Swaps (Tables)

12 Months Ended

Nov. 30, 2020

Mortgage Loans and Interest Rate Swaps

Schedule of mortgage and construction loans

	Nov. 30, 2020		Nov. 30, 2019
4.72%, due October 3, 2022 *	$	4,070	$	4,174
4.39%, due January 2, 2025 *		18,503		19,101
4.17%, due May 1, 2026 *		12,730		13,115
3.79%, due November 17, 2026 *		23,973		24,701
4.39%, due August 1, 2027 *		9,772		10,034
3.97%, due September 1, 2027		11,439		11,673
4.57%, due February 1, 2028 *		17,639		18,069
5.09%, due July 1, 2029		5,254		5,725
5.09%, due July 1, 2029		3,681		4,011
3.60%, due January 2, 2030 *		6,364		—
3.48%, due February 1, 2030		14,714		—
3.50%, due July 1, 2030 *		5,057		—
4.33%, due August 1, 2030		16,274		16,634
4.51%, due April 1, 2034		13,715		14,030
3.91%, due January 27, 2020 *		—		3,206
Nonrecourse mortgage loans		163,185		144,473
Debt issuance costs		(2,137)		(1,898)
Nonrecourse mortgage loans, net of debt issuance costs	$	161,048	$	142,575

*Variable rate loans. INDUS has entered into interest rate swap agreements to effectively fix the interest rates on these loans to the rates reflected above.