XML 93 R73.htm IDEA: XBRL DOCUMENT
v3.5.0.1

COMMON AND PREFERRED SHARES OF BENEFICIAL INTEREST AND EQUITY (Details) - USD ($) $ / shares in Units, $ in Thousands |  | 3 Months Ended | 12 Months Ended
--- | --- | --- | ---
Aug. 07, 2012 | Oct. 31, 2013 | Apr. 30, 2016 | Apr. 30, 2015
Conversion of Units to Common Shares. [Abstract] |  |  |  |
Units converted to common stock (in shares) |  |  | 273,000 | 7,200,000
Units converted to common stock |  |  | $ 1,500 | $ 41,300
Preferred Class B [Member] |  |  |  |
Cumulative Redeemable Preferred Shares of Beneficial Interest [Abstract] |  |  |  |
Preferred shares issued (in shares) | 4,600,000 |  | 4,600,000 | 4,600,000
Distribution rate percentage (in hundredths) | 7.95% |  |  |
Sale of stock, price per share (in dollars per share) | $ 25.00 |  |  |
Proceeds from issuance of cumulative redeemable preferred shares | $ 111,200 |  |  |
Preferred shares liquidation (in dollars per share) | $ 25.00 |  |  |
Preferred shares liquidation per annum (in dollars per share) | $ 1.9875 |  |  |
Preferred shares liquidation preference | $ 115,000 |  |  |
Preferred Class A [Member] |  |  |  |
Cumulative Redeemable Preferred Shares of Beneficial Interest [Abstract] |  |  |  |
Preferred shares issued (in shares) |  |  | 1,150,000 | 1,150,000
Distribution rate percentage (in hundredths) | 8.25% |  |  |
Sale of stock, price per share (in dollars per share) | $ 25.00 |  |  |
Proceeds from issuance of cumulative redeemable preferred shares | $ 27,300 |  |  |
Preferred shares liquidation (in dollars per share) | $ 25 |  |  |
Preferred shares liquidation per annum (in dollars per share) | $ 2.0625 |  |  |
Common Shares and Limited Partnership Units [Member] |  |  |  |
Distribution Reinvestment and Share Purchase Plan [Abstract] |  |  |  |
Shares issued (in shares) |  |  | 0 | 0
Aggregate offering price |  | $ 75,000 |  |
Distribution Reinvestment and Share Purchase Plan [Member] |  |  |  |
Distribution Reinvestment and Share Purchase Plan [Abstract] |  |  |  |
Shares issued (in shares) |  |  | 821,000 | 8,100,000
Shares issued |  |  | $ 5,600 | $ 64,900
Distribution Reinvestment and Share Purchase Plan [Member] | Voluntary cash contributions [Member] |  |  |  |
Distribution Reinvestment and Share Purchase Plan [Abstract] |  |  |  |
Shares issued (in shares) |  |  | 211,000 | 6,000,000
Shares issued |  |  | $ 1,500 | $ 48,700
Distribution Reinvestment and Share Purchase Plan [Member] | Reinvested distributions [Member] |  |  |  |
Distribution Reinvestment and Share Purchase Plan [Abstract] |  |  |  |
Shares issued (in shares) |  |  | 610,000 | 2,100,000
Shares issued |  |  | $ 4,100 | $ 16,200

X
- References No definition available. + Details
Name: | iret_ConversionOfUnitsToCommonSharesAbstract
Namespace Prefix: | iret_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | iret_CumulativeRedeemablePreferredSharesOfBeneficialInterestAbstract
Namespace Prefix: | iret_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | iret_DistributionReinvestmentAndSharePurchasePlanAbstract
Namespace Prefix: | iret_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Aggregate gross sales price of common shares of beneficial interest allowed to be sold related to at-the-market equity program. + References No definition available. + Details
Name: | iret_IretAggregateGrossSalesPriceOfCommonSharesOfBeneficialInterestAllowedToBeSold
Namespace Prefix: | iret_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The per share liquidation preference (or restrictions) of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares per annum. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share per annum. + References No definition available. + Details
Name: | iret_PreferredStockLiquidationPreferencePerSharePerAnnum
Namespace Prefix: | iret_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Per share amount received by subsidiary or equity investee for each share of preferred stock issued or sold in the stock transaction. + References No definition available. + Details
Name: | iret_SaleOfPreferredStockPricePerShare
Namespace Prefix: | iret_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition The value of the stock converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4313-108586 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4332-108586 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 + Details
Name: | us-gaap_ConversionOfStockAmountConverted1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The number of shares converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4332-108586 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4313-108586 + Details
Name: | us-gaap_ConversionOfStockSharesConverted1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage rate used to calculate dividend payments on preferred stock. + References No definition available. + Details
Name: | us-gaap_PreferredStockDividendRatePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The per share liquidation preference (or restrictions) of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(d)(1)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29 -Article 5 + Details
Name: | us-gaap_PreferredStockLiquidationPreference
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Value of the difference between preference in liquidation and the par or stated values of the preferred shares. + References No definition available. + Details
Name: | us-gaap_PreferredStockLiquidationPreferenceValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.28) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29 -Article 5 + Details
Name: | us-gaap_PreferredStockSharesIssued
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cash inflow from issuance of preferred stock that is classified as callable. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3255-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Financing Activities -URI http://asc.fasb.org/extlink&oid=6513228 + Details
Name: | us-gaap_ProceedsFromIssuanceOfRedeemablePreferredStock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Number of new stock issued during the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30 -Article 5 + Details
Name: | us-gaap_StockIssuedDuringPeriodSharesNewIssues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 + Details
Name: | us-gaap_StockIssuedDuringPeriodValueNewIssues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_PreferredClassBMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_PreferredClassAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementEquityComponentsAxis=iret_DistributionReinvestmentAndSharePurchasePlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DividendsAxis=iret_VoluntaryCashContributionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DividendsAxis=iret_ReinvestedDistributionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |