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PROPERTY OWNED (Tables) | 12 Months Ended
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Apr. 30, 2016
PROPERTY OWNED [Abstract] |
Schedule of Future Minimum Lease Payments | The future minimum lease receipts to be received under non-cancellable leases for commercial properties held for investment as of April 30, 2016, assuming that no options to renew or buy out the lease are exercised, are as follows:
Year Ended April 30, |  | (in thousands) |
2017 |  | $ | 28,558 |
2018 |  |  | 26,235 |
2019 |  |  | 22,289 |
2020 |  |  | 18,423 |
2021 |  |  | 17,216 |
Thereafter |  |  | 112,551 |
|  | $ | 225,272 |

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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717 + Details
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