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COMMITMENTS AND CONTINGENCIES (Tables) | 9 Months Ended
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Jan. 31, 2014
COMMITMENTS AND CONTINGENCIES [Abstract] |
Development. Expansion and Renovation Projects | Development, Expansion and Renovation Projects. As of January 31, 2014, the Company had several development, expansion and renovation projects underway or recently completed, the costs for which have been capitalized, as follows:
|  |  | (in thousands) |  | Final or Anticipated Construction Completion
Project Name and Location | Planned Segment | Total Rentable Square Feet or Number of Units | Anticipated Total Cost | Costs as of January 31, 2014 |  | Quarter | Fiscal Year
River Ridge - Bismarck, ND(1) | Multi-Family Residential | 146 units | $ | 25,863 | $ | 24,818 |  | 3 | 2014
Cypress Court - St. Cloud, MN(2) | Multi-Family Residential | 132 units |  | 14,322 |  | 13,583 |  | 3 | 2014
Dakota Commons - Williston, ND | Multi-Family Residential | 44 units |  | 10,736 |  | 6,139 |  | 1 | 2015
Commons at Southgate - Minot, ND(3) | Multi-Family Residential | 233 units |  | 37,201 |  | 23,492 |  | 2 | 2015
Renaissance Heights I - Williston, ND(4) | Multi-Family Residential | 288 units |  | 62,362 |  | 33,934 |  | 2 | 2015
Arcata - Golden Valley, MN | Multi-Family Residential | 165 units |  | 33,151 |  | 9,250 |  | 2 | 2015
RED 20 - Minneapolis, MN(5) | Multi-Family Residential and Commercial | 130 units and 10,625 sq ft |  | 29,462 |  | 9,333 |  | 2 | 2015
Chateau II - Minot, ND(6) | Multi-Family Residential | 72 units |  | 14,711 |  | 1,741 |  | 4 | 2015
Cardinal Point - Grand Forks, ND | Multi-Family Residential | 251 units |  | 40,042 |  | 4,986 |  | 4 | 2015
|  |  | $ | 267,850 | $ | 127,276 |  |  |
(1) | The project was substantially completed in the third quarter of the Company's fiscal year 2014.
(2) | The project was substantially completed in the third quarter of the Company's fiscal year 2014.The Company is an approximately 86% partner in the joint venture entity constructing this project; the anticipated total cost amount given is the total cost to the joint venture entity. The joint venture's results are consolidated in the Company's financial statements.
(3) | The Company is an approximately 51% partner in the joint venture entity constructing this project; the anticipated total cost amount given is the total cost to the joint venture entity. The joint venture's results are consolidated in the Company's financial statements.
(4) | The Company is an approximately 70% partner in the joint venture entity constructing this project; the anticipated total cost amount given is the total cost to the joint venture entity. The joint venture's results are consolidated in the Company's financial statements.
(5) | The Company is an approximately 58.6% partner in the joint venture entity constructing this project; the anticipated total cost amount given is the total cost to the joint venture entity. The joint venture's results are consolidated in the Company's financial statements.
(6) | On December 5, 2013, this development project was destroyed by fire. See Note 2 for additional information.

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- Definition Tabular disclosure of an enterprise's obligations to construction, development and renovation projects in the near future under existing contracts or agreements. + References No definition available. + Details
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