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Mortgage Loans (Tables)
3 Months Ended
Feb. 28, 2015
Mortgage Loans  
Schedule of long- term debt

 

 

 

 

Feb. 28, 2015

 

Nov. 30, 2014

 

 

 

 

 

 

 

5.73%, due August 1, 2015

 

$

 

18,078 

 

$

 

18,189 

 

Variable rate mortgage, due October 2, 2017*

 

 

6,350 

 

 

6,394 

 

Variable rate mortgage, due February 1, 2019*

 

 

10,820 

 

 

10,888 

 

Variable rate mortgage, due August 1, 2019*

 

 

7,645 

 

 

7,691 

 

Variable rate mortgage, due January 27, 2020*

 

 

3,819 

 

 

3,848 

 

Variable rate mortgage, due September 1, 2023*

 

 

 

 

8,875 

 

Variable rate mortgage, due January 2, 2025*

 

 

19,714 

 

 

 

5.09%, due July 1, 2029

 

 

7,660 

 

 

7,750 

 

5.09%, due July 1, 2029

 

 

6,458 

 

 

6,533 

 

Total nonrecourse mortgages

 

$

 

80,544 

 

$

 

70,168 

 

 

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