Long-Term Debt (Tables)

12 Months Ended

Dec. 01, 2012

Long-Term Debt

Schedule of long- term debt

	Dec. 1, 2012			Dec. 3, 2011
Nonrecourse mortgages:
6.30%, due May 1, 2014	$	289		$	453
5.73%, due August 1, 2015		19,018			19,368
8.13%, due April 1, 2016		3,943			4,232
7.0%, due October 1, 2017		6,016			6,220
Variable rate mortgage, due October 2, 2017*		6,726			6,926
Variable rate mortgage, due February 1, 2019*		11,396			11,609
Variable rate mortgage, due August 1, 2019*		8,034			8,176
5.25%, due January 28, 2020		4,067			4,151
Total nonrecourse mortgages		59,489			61,135
Revolving line of credit		—			—
Capital leases		72			46
Total		59,561			61,181
Less: current portion		(1,869	)		(1,700	)
Total long-term debt	$	57,692		$	59,481

*

Griffin entered into interest rate swap agreements to effectively fix the interest rates on these loans (see below).

Schedule of future minimum lease payments under capital leases and the present value of such payments

2013	$	29
2014		25
2015		20
2016		4
2017		—
Total minimum lease payments		78
Less: amounts representing interest		(6	)
Present value of minimum lease payments (a)	$	72

(a)

Includes current portion of $26 at December 1, 2012.

Schedule of machinery and equipment included assets subject to capital leases

	Dec. 1, 2012			Dec. 3, 2011
Machinery and equipment, at cost	$	406		$	498
Accumulated amortization		(334	)		(440	)
Machinery and equipment, net	$	72		$	58

Schedule of amortization expense relating to capital leases

	For the Fiscal Years Ended,
	Dec. 1, 2012		Dec. 3, 2011		Nov. 27, 2010
Amortization expense	$	36	$	39	$	59