Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) (USD $)
 6 Months Ended
May 31, 2012
May 31, 2011
Operating Activities    
Net Income $ 7,723,801 $ 3,896,282
Adjustments:    
Distributions received from investment securities 2,243,538 781,243
Deferred income tax, net 4,646,076 1,090,988
Depreciation expense 493,633  
Amortization of intangible lease asset 145,970  
Amortization of assumed debt premium (68,429)  
Realized and unrealized (gain) loss on trading securities 737,810 (1,221,919)
Realized and unrealized gain on other equity securities (12,906,601) (3,896,897)
Changes in assets and liabilities:    
Decrease in interest, dividend and distribution receivable   38,779
Increase in accounts receivable (207,221)  
Increase in prepaid expenses and other assets (791,312) (66,045)
Increase in management fees payable to Adviser, net of expense reimbursement 11,034 22,902
Decrease in accounts payable (220,586)  
Decrease in accrued expenses and other liabilities (37,502) (67,723)
Net cash provided by operating activities 1,770,211 577,610
Investing Activities    
Purchases of long-term investments   (17,072,676)
Proceeds from sales of long-term investments   43,336,412
Proceeds from sale of property and equipment 3,076  
Purchases of property and equipment (30,321)  
Net cash provided by (used in) investing activities (27,245) 26,263,736
Financing Activities    
Payments on long-term debt (1,283,000)  
Payments on lease obligation (39,590)  
Advances from revolving line of credit 1,045,000  
Repayments on revolving line of credit (205,000)  
Distributions paid to common stockholders (975,062) (826,451)
Net cash used in financing activities (1,457,652) (826,451)
Net Change in Cash and Cash Equivalents 285,314 26,014,895
Cash and Cash Equivalents at beginning of year 2,793,326 1,466,193
Cash and Cash Equivalents at end of period 3,078,640 27,481,088
Supplemental Disclosure of Cash Flow Information    
Interest paid 142,584  
Income taxes paid 96,000  
Non-Cash Financing Activities    
Reinvestment of distributions by common stockholders in additional common shares $ 34,391