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Real Estate Assets (Tables)
6 Months Ended
May 31, 2020
Real Estate Assets  
Schedule of real estate assets, excluding those held for sale

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

 

 

 

 

    

Useful Lives

    

May 31, 2020

 

Nov. 30, 2019

Land

 

 

 

$

32,753

 

$

30,750

Land improvements

 

10 to 30 years

 

 

45,508

 

 

40,992

Buildings and improvements

 

10 to 40 years

 

 

236,621

 

 

220,086

Tenant improvements

 

Shorter of useful life or terms of related lease

 

 

32,939

 

 

30,318

Machinery and equipment

 

3 to 20 years

 

 

10,958

 

 

7,557

Construction in progress

 

 

 

 

3,745

 

 

3,542

Development costs

 

 

 

 

5,169

 

 

10,404

 

 

 

 

 

367,693

 

 

343,649

Accumulated depreciation

 

 

 

 

(120,536)

 

 

(105,035)

 

 

 

 

$

247,157

 

$

238,614

 

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, 2020

    

May 31, 2019

    

May 31, 2020

    

May 31, 2019

 

Depreciation expense

 

$

2,967

 

$

2,599

 

$

5,830

 

$

5,190

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capitalized interest

 

$

 —

 

$

87

 

$

 —

 

$

129

 

 

Schedule of real estate held for sale

 

 

 

 

 

 

 

 

    

May 31, 2020

    

Nov. 30, 2019

Land

 

$

508

 

$

323

Land improvements

 

 

269

 

 

388

Buildings and improvements

 

 

 —

 

 

417

Development costs

 

 

6,163

 

 

1,009

 

 

$

6,940

 

$

2,137