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Commitments and Contingencies
6 Months Ended
May 31, 2014
Commitments and Contingencies  
Commitments and Contingencies

11.  Commitments and Contingencies

 

As of May 31, 2014, Griffin had committed purchase obligations of approximately $1,236, principally for the balance of construction of an approximately 303,000 square foot building in the Lehigh Valley of Pennsylvania and for the development of Griffin Land’s properties.

 

Griffin is involved, as a defendant, in various litigation matters arising in the ordinary course of business.  In the opinion of management, based on the advice of legal counsel, the ultimate liability, if any, with respect to these matters is not expected to be material, individually or in the aggregate, to Griffin’s consolidated financial position, results of operations or cash flows.