Quarterly report pursuant to Section 13 or 15(d)

Basis of Presentation and Significant Accounting Policies (Tables)

v3.3.1.900
Basis of Presentation and Significant Accounting Policies (Tables)
3 Months Ended
Feb. 29, 2016
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 29, 2016 and November 30, 2015, respectively, segregated among the appropriate levels within the fair value hierarchy:

 

            Fair Value Measurements  
     Fair Value at      at February 29, 2016 Using  

Description

   February 29,
2016
     Level 1      Level 2      Level 3  

Assets:

        

Trading Securities

   $ 261,167       $ 261,167         —           —     

Available-for-sale

     355,941         355,941         —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 617,108       $ 617,108         —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 
            Fair Value Measurements  
     Fair Value at      at November 30, 2015 Using  

Description

   November 30,
2015
     Level 1      Level 2      Level 3  

Assets:

           

Trading Securities

   $ 136,798       $ 136,798         —           —     

Available-for-sale

     473,626         473,626         —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 610,424       $ 610,424         —           —