Consolidated Balance Sheets - USD ($) $ in Thousands	May 31, 2020	Nov. 30, 2019
ASSETS
Real estate assets at cost, net	$ 247,157	$ 238,614
Cash and cash equivalents	4,027	5,874
Short-term investments		1,011
Deferred income taxes	4,785	3,281
Real estate assets held for sale	6,940	2,137
Other assets	17,813	17,578
Total assets	280,722	268,495
LIABILITIES AND STOCKHOLDERS' EQUITY
Mortgage loans, net of debt issuance costs	158,375	142,575
Deferred revenue	8,886	10,918
Revolving lines of credit	4,100	5,875
Accounts payable and accrued liabilities	4,237	4,318
Dividend payable		2,538
Other liabilities	17,460	11,509
Total liabilities	193,058	177,733
Commitments and Contingencies (Note 9)
Stockholders' Equity
Common stock, par value $0.01 per share, 10,000,000 shares authorized, 5,724,070 and 5,668,043 shares issued, respectively, and 5,131,147 and 5,075,120 shares outstanding, respectively	57	57
Additional paid-in capital	116,096	113,256
(Deficit) Retained earnings	(94)	919
Accumulated other comprehensive loss, net of tax	(8,066)	(3,141)
Treasury stock, at cost, 592,923 shares	(20,329)	(20,329)
Total stockholders' equity	87,664	90,762
Total liabilities and stockholders' equity	$ 280,722	$ 268,495