XML 33 R32.htm IDEA: XBRL DOCUMENT v3.3.0.814
Mortgage Loan (Details )
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 01, 2015
USD ($)
ft²
Aug. 01, 2015
USD ($)
ft²
building
Jul. 29, 2015
USD ($)
ft²
building
Dec. 31, 2014
USD ($)
ft²
subsidiary
Aug. 31, 2015
USD ($)
item
Aug. 31, 2014
USD ($)
Aug. 31, 2015
USD ($)
item
Aug. 31, 2014
USD ($)
Nov. 30, 2014
USD ($)
Long-Term Debt                  
Nonrecourse mortgages         $ 79,528   $ 79,528   $ 70,168
Debt disclosures                  
Ineffectiveness on cash flow hedges         0        
Anticipated ineffectiveness on cash flow hedges         0        
Net fair values of interest rate swap agreements included in other liabilities         $ 2,251   $ 2,251   2,330
Loss on debt extinguishment           $ (51)   $ (51)  
Interest rate swap agreement                  
Debt disclosures                  
Number of agreements containing credit risk related contingent features | item         0   0    
Recognized net losses (included in other comprehensive loss), before taxes, on interest rate swap agreements             $ 812 $ 619  
Loss expected to be reclassified over next twelve months from accumulated other comprehensive loss to interest expense         $ 1,068   1,068    
Nonrecourse mortgages                  
Long-Term Debt                  
Nonrecourse mortgages         $ 79,528   $ 79,528   70,168
Nonrecourse mortgages | 5220 Jaindl Boulevard                  
Long-Term Debt                  
Nonrecourse mortgages $ 14,100                
Debt disclosures                  
Area of properties (in square feet) | ft² 280,000                
Proceeds from issuance of debt $ 11,500                
Currently Leased space at the time of borrowing | ft² 196,000                
Term of debt 10 years                
Amortization period of debt 25 years                
Variable interest rate base one month LIBOR                
Variable interest rate margin (as a percent) 1.65%                
Mortgage proceeds to be deposited into an escrow account $ 2,600                
Nonrecourse mortgages | Interest rate swap agreement | 5220 Jaindl Boulevard                  
Debt disclosures                  
Fixed interest rate pursuant to interest rate swap agreement (as a percent) 3.77%                
Notional principal amount of interest rate swap agreement $ 11,500                
Nonrecourse mortgages: 5.73%, due August 1, 2015                  
Long-Term Debt                  
Interest rate (as a percent)         5.73%   5.73%    
Nonrecourse mortgages   $ 17,891             18,189
Debt disclosures                  
Area of collateralized properties (in square feet) | ft²   392,000              
Number of collateralized industrial buildings | building   3              
Nonrecourse variable rate loans, due October 2, 2017                  
Long-Term Debt                  
Nonrecourse mortgages         $ 6,262   $ 6,262   6,394
Nonrecourse variable rate loans, due February 1, 2019                  
Long-Term Debt                  
Nonrecourse mortgages         10,681   10,681   10,888
Nonrecourse variable rate loans, due August 1, 2019                  
Long-Term Debt                  
Nonrecourse mortgages         7,550   7,550   7,691
Nonrecourse Variable rate loans, due January 27, 2020                  
Long-Term Debt                  
Nonrecourse mortgages         3,759   3,759   3,848
Nonrecourse Variable rate loans, due September 1, 2023                  
Long-Term Debt                  
Nonrecourse mortgages                 8,875
Nonrecourse Variable rate loans, due January 2, 2025                  
Long-Term Debt                  
Nonrecourse mortgages         $ 19,494   $ 19,494    
5.09%, due July 1, 2029 GCD Mortgage Loan member                  
Long-Term Debt                  
Interest rate (as a percent)         5.09%   5.09%    
Nonrecourse mortgages         $ 7,478   $ 7,478   7,750
5.09%, due July 1, 2029 TD mortgage loan member                  
Long-Term Debt                  
Interest rate (as a percent)         5.09%   5.09%    
Nonrecourse mortgages         $ 6,304   $ 6,304   $ 6,533
4.33%, due August 1, 2030 mortgage loan member                  
Long-Term Debt                  
Interest rate (as a percent)     4.33%   4.33%   4.33%    
Nonrecourse mortgages     $ 18,000   $ 18,000   $ 18,000    
Debt disclosures                  
Proceeds from issuance of debt     $ 14,875            
Term of debt     15 years            
Amortization period of debt     30 years            
Number of collateralized industrial buildings | building     3            
Mortgage proceeds deposited into an escrow account     $ 3,125            
4.33%, due August 1, 2030 mortgage loan member | New England Tradeport Industrial Park                  
Debt disclosures                  
Mortgage proceeds deposited into an escrow account     25            
4.33%, due August 1, 2030 mortgage loan member | New England Tradeport Industrial Park | Location 1                  
Debt disclosures                  
Mortgage proceeds deposited into an escrow account     $ 2,500            
Threshold of leased space to release escrow deposits (in square feet) | ft²     88,000            
4.33%, due August 1, 2030 mortgage loan member | New England Tradeport Industrial Park | Location 2                  
Debt disclosures                  
Mortgage proceeds deposited into an escrow account     $ 600            
2025 First Niagara Mortgage                  
Long-Term Debt                  
Nonrecourse mortgages       $ 21,600          
Debt disclosures                  
Number of subsidiaries which are refinancing nonrecourse mortgage loan | subsidiary       2          
Proceeds from issuance of debt       $ 10,891          
Debt, Refinanced, Amount       8,859          
Amount held back from net proceeds       $ 1,850          
Space to be leased to secure the additional borrowing (in square feet) | ft²       101,000          
Term of debt       10 years          
Amortization period of debt       25 years          
Variable interest rate base       one month LIBOR          
Variable interest rate margin (as a percent)       1.95%          
2025 First Niagara Mortgage | Lower Nazareth, Pennsylvania | Location 1                  
Debt disclosures                  
Area of collateralized properties (in square feet) | ft²       228,000          
2025 First Niagara Mortgage | Lower Nazareth, Pennsylvania | Location 2                  
Debt disclosures                  
Area of collateralized properties (in square feet) | ft²       303,000          
2025 First Niagara Mortgage | Interest rate swap agreement                  
Debt disclosures                  
Fixed interest rate pursuant to interest rate swap agreement (as a percent)       4.43%