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Real Estate Assets (Tables)
6 Months Ended
May 31, 2019
Real Estate Assets  
Schedule of real estate assets, excluding those held for sale

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

 

 

 

 

    

Useful Lives

    

May 31, 2019

 

Nov. 30, 2018

Land

 

 

 

$

21,961

 

$

21,961

Land improvements

 

10 to 30 years

 

 

38,330

 

 

38,280

Buildings and improvements

 

10 to 40 years

 

 

204,763

 

 

204,258

Tenant improvements

 

Shorter of useful life or terms of related lease

 

 

29,087

 

 

29,163

Machinery and equipment

 

3 to 20 years

 

 

10,958

 

 

10,958

Construction in progress

 

 

 

 

10,020

 

 

562

Development costs

 

 

 

 

13,511

 

 

13,443

 

 

 

 

 

328,630

 

 

318,625

Accumulated depreciation

 

 

 

 

(109,898)

 

 

(105,004)

 

 

 

 

$

218,732

 

$

213,621

 

Schedule of total depreciation expense and capitalized interest related to real estate assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended

 

For the Six Months Ended

 

 

May 31, 2019

    

May 31, 2018

    

May 31, 2019

    

May 31, 2018

Depreciation expense

 

$

2,599

 

$

2,457

 

$

5,190

 

$

4,859

 

 

 

 

 

 

 

 

 

 

 

 

 

Capitalized interest

 

$

87

 

$

94

 

$

129

 

$

132

 

Schedule of real estate held for sale

 

 

 

 

 

 

 

 

    

May 31, 2019

    

Nov. 30, 2018

Land

 

$

30

 

$

1,645

Development costs

 

 

1,007

 

 

1,007

 

 

$

1,037

 

$

2,652