XML 17 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2020
Nov. 30, 2019
Nov. 30, 2018
Consolidated Statements of Operations      
Rental revenue $ 37,388 $ 34,217 $ 32,777
Operating expenses of rental properties 4,864 4,987 5,040
Real estate taxes 5,612 5,008 4,492
Depreciation and amortization expense 13,623 11,801 11,404
General and administrative expenses 9,960 7,677 7,749
Total expenses 34,059 29,473 28,685
Interest expense (7,281) (6,408) (6,270)
Change in fair value of financial instruments (5,974)    
Gain on sales of real estate assets 2,329 7,829 879
Impairment loss (2,085) (3,100) 0
Investment income 41 264 151
Gain on insurance recovery   126  
Other Nonoperating Income (Expense), Total (12,970) (1,289) (5,240)
(Loss) income before income tax (provision) benefit (9,641) 3,455 (1,148)
Income tax (provision) benefit (3,076) 213 (505)
Net (loss) income $ (12,717) $ 3,668 $ (1,653)
Basic net (loss) income per common share      
Basic net (loss) income per common share $ (2.42) $ 0.72 $ (0.33)
Diluted net (loss) income per common share      
Diluted net (loss) income per common share $ (2.42) $ 0.72 $ (0.33)