Mortgage Loans (Tables)

9 Months Ended

Aug. 31, 2020

Mortgage Loans

Schedule of mortgage and construction loans

	Aug. 31, 2020		Nov. 30, 2019
4.72%, due October 3, 2022 *	$	4,096	$	4,174
4.39%, due January 2, 2025 *		18,653		19,101
4.17%, due May 1, 2026 *		12,827		13,115
3.79%, due November 17, 2026 *		24,158		24,701
4.39%, due August 1, 2027 *		9,839		10,034
3.97%, due September 1, 2027		11,498		11,673
4.57%, due February 1, 2028 *		17,747		18,069
5.09%, due July 1, 2029		5,374		5,725
5.09%, due July 1, 2029		3,765		4,011
3.60%, due January 2, 2030 *		6,406		—
3.48%, due February 1, 2030		14,810		—
3.50%, due July 1, 2030 *		5,089		—
4.33%, due August 1, 2030		16,366		16,634
4.51%, due April 1, 2034		13,795		14,030
3.91%, due January 27, 2020 *		—		3,206
Nonrecourse mortgage loans		164,423		144,473
Debt issuance costs		(2,212)		(1,898)
Nonrecourse mortgage loans, net of debt issuance costs	$	162,211	$	142,575

*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.