XML 42 R20.htm IDEA: XBRL DOCUMENT v3.8.0.1
Mortgage Loans (Tables)
 9 Months Ended
Aug. 31, 2017
Mortgage Loans  
Schedule of mortgage loans

 

 

 

 

 

 

 

 

 

    

Aug. 31, 2017

    

Nov. 30, 2016

 

Variable rate, due October 2, 2017 *

 

$

5,892

 

$

6,034

 

Variable rate, due February 1, 2019 *

 

 

 —

 

 

10,313

 

Variable rate, due January 27, 2020 *

 

 

3,510

 

 

3,606

 

Variable rate, due January 2, 2025 *

 

 

20,353

 

 

20,744

 

Variable rate, due May 1, 2026 *

 

 

13,930

 

 

14,187

 

Variable rate, due November 17, 2026 *

 

 

26,241

 

 

26,725

 

Variable rate, due March 1, 2027 *

 

 

11,891

 

 

 —

 

Variable rate, due August 1, 2027 *

 

 

10,581

 

 

 —

 

3.97%, due September 1, 2027

 

 

12,150

 

 

 —

 

5.09%, due July 1, 2029

 

 

6,700

 

 

7,001

 

5.09%, due July 1, 2029

 

 

4,694

 

 

4,905

 

4.33%, due August 1, 2030

 

 

17,388

 

 

17,624

 

Nonrecourse mortgage loans prior to debt issuance costs

 

 

133,330

 

 

111,139

 

Debt issuance costs, net

 

 

(1,766)

 

 

(1,442)

 

Nonrecourse mortgage loans, net

 

$

131,564

 

$

109,697

 

*Griffin entered into interest rate swap agreements to effectively fix the interest rates on these loans (see below).