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 $)
 9 Months Ended
Aug. 31, 2012
Aug. 31, 2011
Operating Activities    
Net Income $ 12,712,309 $ 4,486,921
Adjustments:    
Distributions received from investment securities 3,685,593 1,909,941
Deferred income tax, net 7,415,596 1,573,028
Depreciation expense 740,437 117,724
Amortization of intangible lease asset 218,954 48,656
Amortization of assumed debt premium (86,020) (44,173)
Realized and unrealized gain on trading securities (5,197,958) (1,829,318)
Realized and unrealized gain on other equity securities (15,463,335) (5,332,517)
Changes in assets and liabilities:    
Increase in interest, dividend and distribution receivable   (81,417)
Increase in lease receivable (711,229) (474,153)
Decrease in accounts receivable 402,204  
Increase in prepaid expenses and other assets (1,418,941) (8,648)
Increase in management fees payable to Adviser, net of expense reimbursement 47,988 30,054
Decrease in accounts payable (236,734)  
Increase in accrued expenses and other liabilities 724,490 73,374
Net cash provided by operating activities 2,833,355 469,472
Investing Activities    
Purchases of long-term investments   (28,163,465)
Proceeds from sales of long-term investments 9,354,272 44,014,713
Proceeds from sale of property and equipment 3,076  
Purchases of property and equipment (30,321) (12,250,000)
Net cash provided by (used in) investing activities 9,327,027 3,601,248
Financing Activities    
Payments on long-term debt (1,283,000)  
Payments on lease obligation (59,702)  
Advances from revolving line of credit 2,585,000  
Repayments on revolving line of credit (2,460,000)  
Distributions paid to common stockholders (1,952,477) (1,674,630)
Net cash used in financing activities (3,170,179) (1,674,630)
Net Change in Cash and Cash Equivalents 8,990,203 2,396,090
Cash and Cash Equivalents at beginning of year 2,793,326 1,466,193
Cash and Cash Equivalents at end of period 11,783,529 3,862,283
Supplemental Disclosure of Cash Flow Information    
Interest paid 155,450 58,237
Income taxes paid 96,000 200,000
Non-Cash Investing Activities    
Security proceeds from sale of long-term investment of equity securities 26,565,400  
Non-Cash Financing Activities    
Reinvestment of distributions by common stockholders in additional common shares $ 66,884 $ 155,714