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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Feb. 29, 2020
Feb. 28, 2019
Income    
Change in fair value of life settlements (Notes 10 & 16) $ 0 $ 2
Change in fair value of investment in limited partnership, net of distributions (Notes 11 and 16) 7,351 0
Change in fair value of investment in deconsolidated subsidiaries (Notes 4 & 16) 0 33,965
Gain on life settlements, net (Note 10) 743 0
Other income 10,716 46
Total income 18,810 (33,917)
Expenses    
Interest expense 2,394 2,763
Extinguishment of debt (2,815) 0
Personnel costs 1,954 169
Legal fees 909 (5)
Professional fees 857 335
Insurance 317 179
Other selling, general and administrative expenses 264 101
Total expenses 3,880 3,542
Income (loss) from continuing operations before income taxes 14,930 (37,459)
Provision (benefit) provision for income taxes 2,428 0
Net income (loss) from continuing operations 12,502 (37,459)
Discontinued Operations:    
Income (loss) from discontinued operations before income taxes (64) (17)
Provision (benefit) provision for income taxes 0 0
Net income (loss) from discontinued operations (64) (17)
Net income (loss) $ 12,438 $ (37,476)
Basic income (loss) per common share:    
Continuing operations (in dollars per share) $ 0.08 $ (0.24)
Discontinued operations (in dollars per share) 0.00 0.00
Net income (loss) - basic (in dollars per share) 0.08 (0.24)
Diluted income (loss) per share:    
Continuing operations (in dollars per share) 0.07 (0.24)
Discontinued operations (in dollars per share) 0.00 0.00
Net income (loss) - diluted (in dollars per share) $ 0.07 $ (0.24)
Weighted average shares outstanding:    
Basic (in shares) 157,568,811 156,919,099
Diluted (in shares) 199,922,673 156,919,099