Consolidated Balance Sheets - USD ($) $ in Thousands	May 31, 2017	Nov. 30, 2016
ASSETS
Real estate assets at cost, net	$ 171,219	$ 172,260
Real estate held for sale	2,711	2,992
Cash and cash equivalents	32,144	24,689
Deferred income taxes	2,865	4,984
Proceeds held in escrow	9,710	3,535
Other assets	16,362	15,163
Total assets	235,011	223,623
LIABILITIES AND STOCKHOLDERS' EQUITY
Mortgage loans, net of debt issuance costs	119,970	109,697
Deferred revenue	10,142	9,526
Accounts payable and accrued liabilities	2,556	4,140
Dividend payable		1,514
Other liabilities	9,062	7,943
Total liabilities	141,730	132,820
Commitments and Contingencies (Note 8)
Stockholders' Equity
Common stock, par value $0.01 per share, 10,000,000 shares authorized, 5,541,029 shares issued and 5,000,535 and 5,047,708 shares outstanding, respectively	55	55
Additional paid-in capital	108,608	108,438
Retained earnings	3,967	179
Accumulated other comprehensive loss, net of tax	(1,055)	(1,049)
Treasury stock, at cost, 540,494 and 493,321 shares, respectively	(18,294)	(16,820)
Total stockholders' equity	93,281	90,803
Total liabilities and stockholders' equity	$ 235,011	$ 223,623