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IDENTIFIED INTANGIBLE ASSETS AND LIABILITIES (Tables) | 12 Months Ended
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Apr. 30, 2014
IDENTIFIED INTANGIBLE ASSETS AND LIABILITIES [Abstract] |
Schedule Identified Intangible Assets and Intangible Liabilities | The Company's identified intangible assets and intangible liabilities at April 30, 2014 and 2013 were as follows:
| (in thousands)
| April 30, 2014 | April 30, 2013
Identified intangible assets (included in intangible assets): |  |  |  |
Gross carrying amount | $ | 56,710 | $ | 68,165
Accumulated amortization |  | (24,071) |  | (27,708)
Net carrying amount | $ | 32,639 | $ | 40,457
Identified intangible liabilities (included in other liabilities): |  |  |  |
Gross carrying amount | $ | 173 | $ | 391
Accumulated amortization |  | (127) |  | (296)
Net carrying amount | $ | 46 | $ | 95
Estimated Annual Amortization of Acquired Below-Market Leases, Net Of Acquired Above-Market Leases | The effect of amortization of acquired below-market leases and acquired above-market leases on rental income was approximately $(42,000), $(38,000) and $(54,000) for the twelve months ended April 30, 2014, 2013 and 2012, respectively. The estimated annual amortization of acquired below-market leases, net of acquired above-market leases for each of the five succeeding fiscal years is as follows:
Year Ended April 30, | (in thousands)
2015 | $ | 22
2016 |  | 19
2017 |  | 11
2018 |  | (2)
2019 |  | (3)
Finite-Lived Intangible Assets [Line Items] |
Schedule of Estimated Annual Amortization of Intangibles | Amortization of all other identified intangible assets (a component of depreciation/amortization related to real estate investments) was $8.3 million, $5.3 million and $5.3 million for the twelve months ended April 30, 2014, 2013 and 2012, respectively. The estimated annual amortization of all other identified intangible assets for each of the five succeeding fiscal years is as follows:
Year Ended April 30, | (in thousands)
2015 | $ | 4,959
2016 |  | 4,567
2017 |  | 4,099
2018 |  | 3,667
2019 |  | 3,543

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- Definition Tabular disclosure of the estimated annual amortization of acquired below-market leases, net of acquired above-market leases for each of the five succeeding fiscal years. + References No definition available. + Details
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- Definition Tabular disclosure of identified intangible assets and intangible liabilities as of the reporting date including gross carrying amounts, accumulated amortization and net carrying amounts. + References No definition available. + Details
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- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
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