Quarterly report pursuant to Section 13 or 15(d)

Description of Business, Basis of Presentation and Significant Accounting Policies (Tables)

v3.7.0.1
Description of Business, Basis of Presentation and Significant Accounting Policies (Tables)
 3 Months Ended
Feb. 28, 2017
Accounting Policies [Abstract]  
Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table summarizes the financial assets and liabilities measured at fair value on a recurring basis as of February 28, 2017 and November 30, 2016, respectively, segregated among the appropriate levels within the fair value hierarchy:

 

            Fair Value Measurements  
     Fair Value at      at February 28, 2017 Using  

Description

    February 28,
2017		      Level 1      Level 2      Level 3  

Assets:

   

Trading Securities

    $ 167,696      $ 167,696        —          —    

Available-for-sale

      308,760        308,760        —          —    
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ 476,456      $ 476,456        —          —    
  

 

 

     

 

 

     

 

 

     

 

 

  
            Fair Value Measurements  
     Fair Value at      at November 30, 2016 Using  

Description

    November 30,
2016		      Level 1      Level 2      Level 3  

Assets:

   

Trading Securities

    $ 304,142      $ 304,142        —          —    

Available-for-sale

      320,081        320,081        —          —    
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ 624,223      $ 624,223        —          —