Quarterly report pursuant to Section 13 or 15(d)

Basis of Presentation and Significant Accounting Policies (Tables)

v3.5.0.2
Basis of Presentation and Significant Accounting Policies (Tables)
9 Months Ended
Aug. 31, 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 August 31, 2016 and November 30, 2015, respectively, segregated among the appropriate levels within the fair value hierarchy:

 

            Fair Value Measurements  
     Fair Value at
August 31, 2016
     at August 31, 2016 Using  

Description

      Level 1      Level 2      Level 3  

Assets:

           

Trading securities

   $ 275,980       $ 275,980         —           —     

Available-for-sale securities

     354,043         354,043         —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 630,023       $ 630,023         —           —     
  

 

 

    

 

 

    

 

 

    

 

 

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

Description

      Level 1      Level 2      Level 3  

Assets:

           

Trading securities

   $ 136,798       $ 136,798         —           —     

Available-for-sale securities

     473,626         473,626         —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 610,424       $ 610,424         —           —