Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2017	Nov. 30, 2016
ASSETS
Real estate assets at cost, net	$ 193,523	$ 172,260
Real estate held for sale	2,684	2,992
Cash and cash equivalents	34,988	24,689
Deferred income taxes	2,560	4,984
Proceeds held in escrow	91	3,535
Other assets	18,596	15,163
Total assets	252,442	223,623
LIABILITIES AND STOCKHOLDERS' EQUITY
Mortgage loans, net of debt issuance costs	131,564	109,697
Deferred revenue	12,302	9,526
Accounts payable and accrued liabilities	5,097	4,140
Dividend payable		1,514
Other liabilities	9,472	7,943
Total liabilities	158,435	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	108,698	108,438
Retained earnings	5,296	179
Accumulated other comprehensive loss, net of tax	(1,748)	(1,049)
Treasury stock, at cost, 540,494 and 493,321 shares, respectively	(18,294)	(16,820)
Total stockholders' equity	94,007	90,803
Total liabilities and stockholders' equity	$ 252,442	$ 223,623