XML 74 R60.htm IDEA: XBRL DOCUMENT v2.4.0.6
Long-Term Debt (Details) (USD $)
12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended
Dec. 01, 2012
Dec. 03, 2011
Nov. 27, 2010
Dec. 01, 2012
Interest rate swap agreement
Dec. 03, 2011
Interest rate swap agreement
Nov. 27, 2010
Interest rate swap agreement
Dec. 01, 2012
Nonrecourse mortgages
Dec. 03, 2011
Nonrecourse mortgages
Dec. 01, 2012
Nonrecourse mortgages: 6.30%, due May 1, 2014
Dec. 03, 2011
Nonrecourse mortgages: 6.30%, due May 1, 2014
Dec. 01, 2012
Nonrecourse mortgages: 5.73%, due August 1, 2015
Dec. 03, 2011
Nonrecourse mortgages: 5.73%, due August 1, 2015
Dec. 01, 2012
Nonrecourse mortgages: 8.13%, due April 1, 2016
Dec. 03, 2011
Nonrecourse mortgages: 8.13%, due April 1, 2016
Dec. 01, 2012
Nonrecourse mortgages: 7.0%, due October 1, 2017
Dec. 03, 2011
Nonrecourse mortgages: 7.0%, due October 1, 2017
Dec. 01, 2012
Nonrecourse variable rate mortgage, due October 2, 2017
item
Jun. 15, 2012
Nonrecourse variable rate mortgage, due October 2, 2017
item
Dec. 03, 2011
Nonrecourse variable rate mortgage, due October 2, 2017
Dec. 01, 2012
Nonrecourse variable rate mortgage, due October 2, 2017
Interest rate swap agreement
Dec. 01, 2012
Nonrecourse variable rate mortgage, due February 1, 2019
Dec. 03, 2011
Nonrecourse variable rate mortgage, due February 1, 2019
Dec. 01, 2012
Nonrecourse variable rate mortgage, due February 1, 2019
Maximum
Dec. 01, 2012
Nonrecourse variable rate mortgage, due February 1, 2019
Interest rate swap agreement
Dec. 01, 2012
Nonrecourse variable rate mortgage, due August 1, 2019
Dec. 03, 2011
Nonrecourse variable rate mortgage, due August 1, 2019
Dec. 01, 2012
Nonrecourse variable rate mortgage, due August 1, 2019
Interest rate swap agreement
item
Nov. 02, 2010
Nonrecourse mortgages: 5.25%, due January 28, 2020
Jan. 29, 2010
Nonrecourse mortgages: 5.25%, due January 28, 2020
sqft
Dec. 01, 2012
Nonrecourse mortgages: 5.25%, due January 28, 2020
Dec. 03, 2011
Nonrecourse mortgages: 5.25%, due January 28, 2020
Oct. 31, 2010
Nonrecourse mortgages: 5.25%, due January 28, 2020
Sep. 30, 2012
Nonrecourse mortgages: 6.08%, due January 1, 2013
Apr. 28, 2011
Revolving line of credit
sqft
Dec. 01, 2012
Revolving line of credit
Apr. 28, 2011
Revolving line of credit
Griffin Center South, Bloomfield, CT
sqft
Dec. 01, 2012
Revolving line of credit
Maximum
Dec. 01, 2012
Capital leases
Dec. 03, 2011
Capital leases
Nov. 27, 2010
Capital leases
Apr. 28, 2011
Prior revolving line of credit
Long-Term Debt                                                                                  
Interest rate (as a percent)                 6.30% 6.30% 5.73% 5.73% 8.13% 8.13% 7.00% 7.00%                           5.25%   6.50% 6.08%                
Total $ 59,561,000 $ 61,181,000         $ 59,489,000 $ 61,135,000 $ 289,000 $ 453,000 $ 19,018,000 $ 19,368,000 $ 3,943,000 $ 4,232,000 $ 6,016,000 $ 6,220,000     $ 6,926,000   $ 11,396,000 $ 11,609,000     $ 8,034,000 $ 8,176,000       $ 4,067,000 $ 4,151,000             $ 72,000 $ 46,000    
Less: current portion (1,869,000) (1,700,000)                                                                              
Total long-term debt 57,692,000 59,481,000                                                                              
Annual principal payment requirements under the terms of the nonrecourse mortgage loans                                                                                  
2013             1,843,000                                                                    
2014             1,862,000                                                                    
2015             19,616,000                                                                    
2016             3,923,000                                                                    
2017             11,647,000                                                                    
Debt disclosures                                                                                  
Aggregate book value of land and buildings pledged as collateral             61,600,000                                                       11,500,000            
Number of subsidiaries                                   2                                              
Variable interest rate base                                 one month LIBOR           thirty day LIBOR                           prime        
Variable interest rate margin (as a percent)                                 2.75%           2.75%                           1.50%        
Variable interest rate percentage, option                                             4.00%                           5.875%        
Fixed interest rate for the final nine years of the loan pursuant to interest rate swap agreement (as a percent)                                       3.86%       6.35%                                  
Amortization period of debt                                 25 years       25 years                 25 years                      
Number of collateralized industrial buildings                                 2                   4                            
Maximum borrowing capacity                                                                   12,500,000             10,000,000
Term of debt                                         9 years                 10 years       2 years              
Area of collateralized properties (in square feet)                                                         120,000         48,000   235,000          
Additional borrowings                                                         4,300,000                        
Payment in exchange for reduction in interest rate                                                       200,000                          
Notional principal amount of interest rate swap agreement                                               12,000,000                                  
Term of derivative                                               9 years                                  
Recognized losses (included in other comprehensive income), before taxes, on interest rate swap agreements (776,000) (934,000) (711,000) 776,000 934,000 711,000                                                                      
(Loss)/gain on swap agreements       666,000 730,000 575,000                                                                      
Loss expected to be reclassified over next twelve months from other comprehensive income (loss) to interest expense       707,000                                                                          
Liability for interest rate swap agreements included in other noncurrent liabilities       3,191,000 2,415,000                                                                        
Future minimum lease payments under capital leases and the present value of such payments                                                                                  
2013                                                                           29,000      
2014                                                                           25,000      
2015                                                                           20,000      
2016                                                                           4,000      
Total minimum lease payments                                                                           78,000      
Less: amounts representing interest                                                                           (6,000)      
Present value of minimum lease payments                                                                           72,000      
Current portion of present value of minimum lease payments                                                                           26,000      
Capital leases                                                                                  
Amortization expense                                                                           36,000 39,000 59,000  
Capital leases, gross 406,000 498,000                                                                              
Accumulated amortization (334,000) (440,000)                                                                              
Capital leases, net $ 72,000 $ 58,000