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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Operating activities:    
Net income (loss) $ 5,117 $ (763)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Gain on sales of properties (10,035) (280)
Depreciation and amortization 7,373 6,540
Deferred income taxes 2,806 (154)
Gain on sale of common stock of Centaur Media plc (275)  
Amortization of debt issuance costs 262 222
Stock-based compensation expense 260 185
Amortization of terminated swap agreement 40  
Gain on sale of assets   (122)
Changes in assets and liabilities:    
Other assets (3,235) (3,065)
Accounts payable and accrued liabilities (462) 346
Deferred revenue 2,880 301
Other liabilities 974 337
Net cash provided by operating activities 5,705 3,547
Investing activities:    
Acquisition of building (18,440)  
Proceeds from sales of properties, net of expenses 12,119  
Additions to real estate assets (10,964) (13,365)
Proceeds from property sales returned from escrow, net 3,444  
Proceeds from sales of common stock of Centaur Media plc 1,216  
Deferred leasing costs and other (1,110) (564)
Net cash used in investing activities (13,735) (13,929)
Financing activities:    
Proceeds from mortgage loans 34,750 18,800
Payments on mortgage loans (12,559) (9,398)
Dividends paid to stockholders (1,514) (1,546)
Repurchase of common stock (1,474) (1,951)
Payment of debt issuance costs (533) (434)
Payment for termination of interest rate swap agreement (341)  
Mortgage proceeds returned from escrow   600
Net cash provided by financing activities 18,329 6,071
Net increase (decrease) in cash and cash equivalents 10,299 (4,311)
Cash and cash equivalents at beginning of period 24,689 18,271
Cash and cash equivalents at end of period $ 34,988 $ 13,960