XML 51 R38.htm IDEA: XBRL DOCUMENT v3.20.4
Fair Value - Assets and Liabilities (Details) - USD ($)
Mar. 09, 2020
Feb. 18, 2020
Nov. 30, 2020
Nov. 30, 2019
Financial assets:        
Short-term investments       $ 1,011,000
Financial liabilities:        
Revolving lines of credit       5,875,000
Interest rate swaps liabilities     $ 8,962,000 4,052,000
170 Sunport        
Nonfinancial assets:        
Cash paid for real estate $ 5,749,000      
Intangible assets fair value $ 71,000      
3320 Maggie        
Nonfinancial assets:        
Cash paid for real estate   $ 7,921,000    
Intangible assets fair value   $ 770,000    
Warrant Liability        
Financial liabilities:        
Derivative liability     11,550,000  
Contingent Value Rights Liability        
Financial liabilities:        
Derivative liability     681,000  
Carrying Value | Quoted Prices in Active Markets for Identical Assets (Level 1)        
Financial assets:        
Cash and cash equivalents     28,540,000 5,874,000
Carrying Value | Significant Observable Inputs (Level 2)        
Financial assets:        
Short-term investments       1,011,000
Financial liabilities:        
Mortgage and construction loans, net of debt issuance costs     161,048,000 142,575,000
Revolving lines of credit       5,875,000
Interest rate swaps liabilities     8,962,000 4,052,000
Carrying Value | Level 3 | Warrant Liability        
Financial liabilities:        
Derivative liability     11,550,000  
Carrying Value | Level 3 | Contingent Value Rights Liability        
Financial liabilities:        
Derivative liability     681,000  
Estimated Fair Value | Quoted Prices in Active Markets for Identical Assets (Level 1)        
Financial assets:        
Cash and cash equivalents     28,540,000 5,874,000
Estimated Fair Value | Significant Observable Inputs (Level 2)        
Financial assets:        
Short-term investments       1,011,000
Financial liabilities:        
Mortgage and construction loans, net of debt issuance costs     164,331,000 145,235,000
Revolving lines of credit       5,875,000
Interest rate swaps liabilities     8,962,000 $ 4,052,000
Estimated Fair Value | Level 3 | Warrant Liability        
Financial liabilities:        
Derivative liability     11,550,000  
Estimated Fair Value | Level 3 | Contingent Value Rights Liability        
Financial liabilities:        
Derivative liability     $ 681,000