Mortgage Loans (Tables)

9 Months Ended

Aug. 31, 2018

Mortgage and Construction Loans

Schedule of mortgage and construction loans

	Aug. 31, 2018		Nov. 30, 2017
3.91%, due January 27, 2020 *	$	3,378	$	3,478
4.72%, due October 3, 2022 *		4,297		4,367
4.39%, due January 2, 2025 *		19,811		20,221
4.17%, due May 1, 2026 *		13,577		13,844
3.79%, November 17, 2026 *		25,573		26,076
4.39%, due August 1, 2027 *		10,345		10,523
3.97%, due September 1, 2027		11,953		12,115
4.57%, due February 1, 2028 *		18,581		—
5.09%, due July 1, 2029		6,280		6,597
5.09%, due July 1, 2029		4,400		4,622
4.33%, due August 1, 2030		17,062		17,308
4.45%, due March 1, 2027 *		—		11,826
Nonrecourse mortgage loans		135,257		130,977
Debt issuance costs		(1,780)		(1,774)
Nonrecourse mortgage loans, net of debt issuance costs		133,477		129,203
4.51% construction loan		8,025		—
Debt issuance costs		(389)		—
Construction loan, net of debt issuance costs		7,636		—
Mortgage and construction loans, net of debt issuance costs	$	141,113	$	129,203

*Variable rate loans. Griffin has entered into interest rate swap agreements to effectively fix the interest rates on these loans to the rates reflected above.