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Real Estate Assets (Tables)
9 Months Ended
Aug. 31, 2017
Real Estate Assets  
Schedule of real estate assets, excluding those held for sale

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

 

 

 

 

 

    

Useful Lives

    

Aug. 31, 2017

    

Nov. 30, 2016

 

Land

 

 

 

$

20,403

 

$

17,895

 

Land improvements

 

10 to 30 years

 

 

28,539

 

 

27,592

 

Buildings and improvements

 

10 to 40 years

 

 

179,788

 

 

164,353

 

Tenant improvements

 

Shorter of useful life or terms of related lease

 

 

26,590

 

 

21,925

 

Machinery and equipment

 

3 to 20 years

 

 

11,022

 

 

11,022

 

Construction in progress

 

 

 

 

5,266

 

 

1,659

 

Development costs

 

 

 

 

14,779

 

 

14,615

 

 

 

 

 

 

286,387

 

 

259,061

 

Accumulated depreciation

 

 

 

 

(92,864)

 

 

(86,801)

 

 

 

 

 

$

193,523

 

$

172,260

 

 

Schedule of total depreciation expense and capitalized interest related to real estate assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

For the Three Months Ended

 

For the Nine Months Ended 

 

 

 

Aug. 31, 2017

    

Aug. 31, 2016

    

Aug. 31, 2017

    

Aug. 31, 2016

 

Depreciation expense

 

$

2,283

 

$

1,974

 

$

6,490

 

$

5,756

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capitalized interest

 

$

26

 

$

57

 

$

26

 

$

274

 

 

Schedule of real estate held for sale

 

 

 

 

 

 

 

 

 

    

Aug. 31, 2017

    

Nov. 30, 2016

 

Land

 

$

1,256

 

$

264

 

Land improvements

 

 

354

 

 

 —

 

Development costs

 

 

1,074

 

 

2,728

 

 

 

$

2,684

 

$

2,992