| Schedule of mortgage loans |
|
|
|
May 31, 2016
|
|
Nov. 30, 2015
|
|
|
|
|
|
|
|
|
|
|
|
Variable rate, due October 2, 2017 *
|
|
$
|
6,127
|
|
$
|
6,217
|
|
|
Variable rate, due February 1, 2019 *
|
|
|
10,464
|
|
|
10,610
|
|
|
Variable rate, due August 1, 2019 *
|
|
|
—
|
|
|
7,501
|
|
|
Variable rate, due January 27, 2020 *
|
|
|
3,668
|
|
|
3,729
|
|
|
Variable rate, due January 2, 2025 *
|
|
|
20,994
|
|
|
19,385
|
|
|
Variable rate, due September 1, 2025 *
|
|
|
13,896
|
|
|
11,457
|
|
|
Variable rate, due May 1, 2026 *
|
|
|
14,350
|
|
|
—
|
|
|
5.09%, due July 1, 2029
|
|
|
7,195
|
|
|
7,385
|
|
|
5.09%, due July 1, 2029
|
|
|
6,066
|
|
|
6,226
|
|
|
4.33%, due August 1, 2030
|
|
|
17,777
|
|
|
17,926
|
|
|
Total nonrecourse mortgage loans
|
|
$
|
100,537
|
|
$
|
90,436
|
|
*Griffin entered into interest rate swap agreements effectively to fix the interest rates on these loans (see below).
|