Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 30, 2017	Nov. 30, 2016
ASSETS
Real estate assets at cost, net	$ 196,740	$ 172,260
Cash and cash equivalents	30,068	24,689
Real estate held for sale	1,932	2,992
Deferred income taxes	1,904	4,984
Other assets	18,393	18,698
Total assets	249,037	223,623
LIABILITIES AND STOCKHOLDERS' EQUITY
Mortgage loans, net of debt issuance costs	129,203	109,697
Deferred revenue	11,818	9,526
Accounts payable and accrued liabilities	4,991	4,140
Dividend payable	2,000	1,514
Other liabilities	7,972	7,943
Total liabilities	155,984	132,820
Commitments and Contingencies (Note 11)
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	108,770	108,438
Retained earnings	2,806	179
Accumulated other comprehensive loss, net of tax	(284)	(1,049)
Treasury stock, at cost, 540,494 and 493,321 shares, respectively	(18,294)	(16,820)
Total stockholders' equity	93,053	90,803
Total liabilities and stockholders' equity	$ 249,037	$ 223,623