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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May. 31, 2015
May. 31, 2014
May. 31, 2015
May. 31, 2014
Consolidated Statements of Operations        
Rental revenue $ 5,951 $ 5,064 $ 11,358 $ 10,030
Revenue from property sales 245 277 1,071 370
Total revenue 6,196 5,341 12,429 10,400
Operating expenses of rental properties 1,872 1,747 4,285 4,198
Depreciation and amortization expense 1,886 1,638 3,704 3,279
Costs related to property sales 118 70 322 94
General and administrative expenses 1,847 1,696 3,858 3,880
Total expenses 5,723 5,151 12,169 11,451
Operating loss 473 190 260 (1,051)
Interest expense (917) (774) (1,844) (1,678)
Investment income 71 141 105 188
Gain on sale of common stock in Centaur Media plc       318
Loss before income tax benefit (373) (443) (1,479) (2,223)
Income tax benefit 139 218 537 900
Income (Loss) from Continuing Operations Attributable to Parent (234) (225) (942) (1,323)
Discontinued operations, net of tax:        
Loss from landscape nursery business, net of tax, including loss on sale of assets of $31, net of tax, in the 2014 first quarter   390   118
Net (loss) income $ (234) $ 165 $ (942) $ (1,205)
Basic net loss per common share:        
Loss from continuing operations (in dollars per share) $ (0.05) $ (0.04) $ (0.18) $ (0.26)
Loss from discontinued operations   0.07   0.03
Basic net loss per common share (in dollars per share) (0.05) 0.03 (0.18) (0.23)
Diluted net loss per common share:        
Loss from continuing operations (in dollars per share) (0.05) (0.04) (0.18) (0.26)
Loss from discontinued operations (in dollars per share)   0.07   0.03
Diluted net loss per common share (in dollars per share) $ (0.05) $ 0.03 $ (0.18) $ (0.23)