Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets (USD $)
Aug. 31, 2012
Nov. 30, 2011
Assets    
Trading securities, at fair value $ 57,321,502 $ 41,856,730
Other equity securities, at fair value 19,529,783 27,037,642
Leased property, net of accumulated depreciation of $824,066 and $294,309, respectively 13,302,783 13,832,540
Cash and cash equivalents 11,783,529 2,793,326
Property and equipment, net of accumulated depreciation of $1,680,984 and $1,483,616, respectively 3,659,240 3,842,675
Escrow receivable 1,341,566 1,677,052
Accounts receivable 1,000,751 1,402,955
Intangible lease asset, net of accumulated amortization of $340,595 and $121,641, respectively 754,176 973,130
Lease receivable 1,185,381 474,152
Prepaid expenses 516,427 140,017
Receivable for Adviser expense reimbursement   121,962
Deferred tax asset   27,536
Other assets 1,150,210 107,679
Total Assets 111,545,348 94,287,396
Liabilities    
Management fees payable to Adviser 291,911 365,885
Distribution payable to common stockholders 1,010,291  
Accounts payable 360,423 597,157
Line of credit 125,000 0
Long-term debt 910,863 2,279,883
Lease obligation 47,848 107,550
Deferred tax liability 7,388,060  
Accrued expenses and other liabilities 1,235,098 510,608
Total Liabilities 11,369,494 3,861,083
Stockholders' Equity    
Warrants, no par value; 945,594 issued and outstanding at August 31, 2012 and November 30, 2011 (5,000,000 authorized) 1,370,700 1,370,700
Capital stock, non-convertible, $0.001 par value; 9,184,463 shares issued and outstanding at August 31, 2012 and 9,176,889 shares issued and outstanding at November 30, 2011 (100,000,000 shares authorized) 9,185 9,177
Additional paid-in capital 92,719,962 95,682,738
Accumulated retained earnings (deficit) 6,076,007 (6,636,302)
Total Stockholders' Equity 100,175,854 90,426,313
Total Liabilities and Stockholders' Equity $ 111,545,348 $ 94,287,396