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COMMITMENTS AND CONTINGENCIES (Tables) | 3 Months Ended
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Jul. 31, 2015
COMMITMENTS AND CONTINGENCIES [Abstract] |
Development. Expansion and Renovation Projects | Development, Expansion and Renovation Projects. As of July 31, 2015, the Company had several development, expansion and renovation projects underway or placed in service during the quarter, the costs for which have been capitalized, as follows:
|  |  |  | (in thousands) |  | (in fiscal years)
Project Name and Location | Planned Segment | Rentable Square Feet or Number of Units |  | Anticipated Total Cost |  |  | Costs as of July 31, 2015 |  | Anticipated Construction Completion
Chateau II - Minot, ND | Multi-Family Residential | 72 units |  | $ | 14,711 |  |  | $ | 14,600 |  | In Service
Edina 6565 France SMC III - Edina, MN(1) | Healthcare | 57,624 sq ft |  |  | 36,752 |  |  |  | 28,816 |  | In Service
Renaissance Heights - Williston, ND(2) | Multi-Family Residential | 288 units |  |  | 62,362 |  |  |  | 62,339 |  | In Service
Minot Southgate Retail - Minot, ND | Other | 7,963 sq ft |  |  | 2,923 |  |  |  | 2,550 |  | 2Q 2016
PrairieCare Medical - Brooklyn Park, MN | Healthcare | 70,756 sq ft |  |  | 24,251 |  |  |  | 23,424 |  | 2Q 2016
Cardinal Point - Grand Forks, ND | Multi-Family Residential | 251 units |  |  | 40,042 |  |  |  | 33,704 |  | 3Q 2016
Deer Ridge – Jamestown, ND | Multi-Family Residential | 163 units |  |  | 24,519 |  |  |  | 20,627 |  | 3Q 2016
71 France Phase I, II & III - Edina, MN(3) | Multi-Family Residential | 241 units |  |  | 73,290 |  |  |  | 50,455 |  | 1Q 2017
Monticello Crossings Phase I – Monticello, MN(4) | Multi-Family Residential | 136 units |  |  | 19,097 |  |  |  | 1,978 |  | 2Q 2017
Other | n/a | n/a |  |  | n/ | a |  |  | 2,790 |  | n/a
|  |  |  | $ | 297,947 |  |  | $ | 241,283 |  |
(1) | Anticipated total cost includes estimated tenant improvement costs that have not been incurred as of July 31, 2015.
(2) | The Company is currently an approximately 70.0% partner in the joint venture entity constructing this project. The anticipated total cost amount given is the total cost to the joint venture entity.
(3) | The project will be constructed in three phases by a joint venture entity in which the Company has an approximately 52.6% interest. The anticipated total cost amount given in the table above is the total cost to the joint venture entity. The anticipated total cost includes approximately 21,772 square feet of retail space.
(4) | This project will be constructed in two phases with approximately 202 units and an anticipated total cost of $31.5 million.

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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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