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MORTGAGES PAYABLE AND LINE OF CREDIT (Details) $ in Thousands | 3 Months Ended |
--- | --- | ---
Jul. 31, 2015 USD ($) Property Loan | Apr. 30, 2015 USD ($)
Aggregate amount of required future principal payments on mortgages payable [Abstract] |  |
Total payments | $ 669,734 | $ 668,112
Mortgages Payable [Member] |  |
Mortgages Payable [Abstract] |  |
Interest rates on mortgages payable range, minimum (in hundredths) | 2.69% |
Interest rates on mortgages payable range, maximum (in hundredths) | 8.25% |
Mortgages maturity date | Jul. 01, 2036 |
Number of loans in default | Loan | 1 |
Non-recourse loan | $ 122,600 |
Debt instrument maturity date | Oct. 06, 2015 |
Interest rate on mortgage payable (in hundredths) | 5.93% |
Fixed rate mortgages | $ 619,200 | 629,800
Variable rate mortgages | $ 50,600 | $ 38,300
Weighted average rate of interest on mortgage debt (in hundredths) | 4.89% | 4.95%
Aggregate amount of required future principal payments on mortgages payable [Abstract] |  |
2016 (remainder) | $ 65,336 |
2017 | 41,973 |
2018 | 39,278 |
2019 | 116,848 |
2020 | 72,598 |
Thereafter | 333,701 |
Total payments | 669,734 |
Mortgages Payable [Member] | Assets Held for Sale [Member] |  |
Mortgages Payable [Abstract] |  |
Minimum future principal payments |  | $ 293,000
Line of Credit [Member] |  |
Line of Credit [Abstract] |  |
Lending commitments | $ 100,000 |
Number of properties securing line of credit | Property | 16 |
Line of credit, current interest rate (in hundredths) | 4.75% |
Line of credit, minimum outstanding principal balance | $ 17,500 |
Borrowed amount | $ 83,500 | $ 60,500
Debt service coverage on aggregate assets | 1.25 |
Debt service coverage on individual assets | 1.00 |
Minimum depository accounts | $ 6,000 |
Non-interest bearing account | $ 1,500 |

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- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 + Details
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