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DISCONTINUED OPERATIONS (Details) (USD $) | 3 Months Ended
--- | ---
Jul. 31, 2013 | Jul. 31, 2012
DISCONTINUED OPERATIONS [Abstract] |  |
Number Of Condominium Units Sold |  | 2
Number of retail properties sold | 1 |
Number of industrial sold | 4 |
Number of industrial held for sale | 2 |
REVENUE |  |
Real estate rentals | $ 55,039,000 | $ 50,458,000
Tenant reimbursement | 12,143,000 | 10,517,000
TOTAL REVENUE | 67,182,000 | 60,975,000
EXPENSES |  |
Depreciation/amortization related to real estate investments | 18,528,000 | 15,063,000
Utilities | 5,051,000 | 4,194,000
Maintenance | 7,912,000 | 7,312,000
Real estate taxes | 8,862,000 | 8,242,000
Insurance | 1,347,000 | 901,000
Property management expenses | 4,242,000 | 3,701,000
Other expenses | 679,000 | 519,000
Amortization related to non-real estate investments | 990,000 | 822,000
Impairment of real estate investments | 1,803,000 | 0
TOTAL EXPENSES | 51,999,000 | 43,185,000
Interest expense | (14,799,000) | (16,069,000)
Gain (loss) on sale of discontinued operations | 1,943,000 | (73,000)
INCOME FROM DISCONTINUED OPERATIONS | 1,656,000 | 133,000
Discontinued Operations [Member] |  |
REVENUE |  |
Real estate rentals | 216,000 | 1,306,000
Tenant reimbursement | 51,000 | 139,000
TOTAL REVENUE | 267,000 | 1,445,000
EXPENSES |  |
Depreciation/amortization related to real estate investments | 65,000 | 390,000
Utilities | 0 | 37,000
Maintenance | 2,000 | 113,000
Real estate taxes | 41,000 | 148,000
Insurance | 3,000 | 21,000
Property management expenses | 11,000 | 65,000
Other expenses | 0 | 6,000
Amortization related to non-real estate investments | 3,000 | 11,000
Impairment of real estate investments | 345,000 | 0
TOTAL EXPENSES | 470,000 | 791,000
Operating (loss) income | (203,000) | 654,000
Interest expense | (84,000) | (448,000)
(Loss) income from discontinued operations before gain (loss) on sale | (287,000) | 206,000
Gain (loss) on sale of discontinued operations | 1,943,000 | (73,000)
INCOME FROM DISCONTINUED OPERATIONS | $ 1,656,000 | $ 133,000

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