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CONSOLIDATED STATEMENTS OF EQUITY (USD $) In Thousands | PREFERRED SHARES [Member] | COMMON SHARES [Member] | ACCUMULATED DISTRIBUTIONS IN EXCESS OF NET INCOME [Member] | Noncontrolling Interests [Member] | Total | Preferred Series A [Member] ACCUMULATED DISTRIBUTIONS IN EXCESS OF NET INCOME [Member] | Preferred Series A [Member] | Preferred Series B [Member] ACCUMULATED DISTRIBUTIONS IN EXCESS OF NET INCOME [Member] | Preferred Series B [Member]
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Balance at Apr. 30, 2013 | $ 138,674 | $ 784,454 | $ (310,341) | $ 142,657 | $ 755,444 |  |  |  |  |
Balance (in shares) at Apr. 30, 2013 | 5,750 | 101,488 |  |  |  |  |  |  |  |
Net income attributable to Investors Real Estate Trust and nonredeemable interests |  |  | 3,078 | 126 | 3,204 |  |  |  |  |
Distributions - common shares and units |  |  | (13,264) | (2,829) | (16,093) |  |  |  |  |
Distributions - preferred shares |  |  |  |  | (2,879) |  | (593) | (593) | (2,286) | (2,286)
Distribution reinvestment and share purchase plan |  | 22,673 |  |  | 22,673 |  |  |  |  |
Distribution reinvestment and share purchase plan (in shares) |  | 2,600 |  |  |  |  |  |  |  |
Share-based compensation |  | 112 |  |  | 112 |  |  |  |  |
Share-based compensation (in shares) |  | 13 |  |  |  |  |  |  |  |
Partnership units issued |  |  |  | 3,280 | 3,280 |  |  |  |  |
Redemption of units for common shares |  | 706 |  | (706) | 0 |  |  |  |  |
Redemption of units for common shares, shares (in shares) |  | 125 |  |  |  |  |  |  |  |
Other |  | (17) |  | (367) | (384) |  |  |  |  |
Other, shares (in shares) |  | 0 |  |  |  |  |  |  |  |
Balance at Jul. 31, 2013 | 138,674 | 807,928 | (323,406) | 142,161 | 765,357 |  |  |  |  |
Balance, shares (in shares) at Jul. 31, 2013 | 5,750 | 104,226 |  |  |  |  |  |  |  |
Balance at Apr. 30, 2014 | 138,674 | 843,268 | (389,758) | 128,362 | 720,546 |  |  |  |  |
Balance (in shares) at Apr. 30, 2014 | 5,750 | 109,019 |  |  |  |  |  |  |  |
Net income attributable to Investors Real Estate Trust and nonredeemable interests |  |  | (151) | (157) | (308) |  |  |  |  |
Distributions - common shares and units |  |  | (14,264) | (2,740) | (17,004) |  |  |  |  |
Distributions - preferred shares |  |  |  |  | (2,879) |  | (593) | (593) | (2,286) | (2,286)
Distribution reinvestment and share purchase plan |  | 20,926 |  |  | 20,926 |  |  |  |  |
Distribution reinvestment and share purchase plan (in shares) |  | 2,422 |  |  |  |  |  |  |  |
Share-based compensation |  | 1,889 |  |  | 1,889 |  |  |  |  |
Share-based compensation (in shares) |  | 204 |  |  |  |  |  |  |  |
Partnership units issued |  |  |  | 0 | 0 |  |  |  |  |
Redemption of units for common shares |  | 18,332 |  | (18,332) | 0 |  |  |  |  |
Redemption of units for common shares, shares (in shares) |  | 3,118 |  |  |  |  |  |  |  |
Contributions from nonredeemable noncontrolling interests - consolidated real estate entities |  |  |  | 3,212 | 3,212 | [1] |  |  |  |
Other |  |  |  | (185) | (185) |  |  |  |  |
Balance at Jul. 31, 2014 | $ 138,674 | $ 884,415 | $ (407,052) | $ 110,160 | $ 726,197 |  |  |  |  |
Balance, shares (in shares) at Jul. 31, 2014 | 5,750 | 114,763 |  |  |  |  |  |  |  |
[1] | Consists of assumed debt (Homestead Garden I - $6.7 million, Homestead Garden II - $3.2 million, Silver Springs - $2.3 million) and value of land contributed by the joint

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