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MORTGAGES PAYABLE AND CONSTRUCTION DEBT (Tables) | 12 Months Ended
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Apr. 30, 2016
MORTGAGES PAYABLE AND CONSTRUCTION DEBT [Abstract] |
Aggregate Amount of Required Future Principal Payments on Mortgages Payable | The aggregate amount of required future principal payments on mortgages payable as of April 30, 2016, is as follows
|  |  | (in thousands) |
|  |  | Mortgages |  | Mortgages |
|  |  | on Properties |  | on Properties |
|  |  | Held for |  | Held for |
Year Ended April 30, |  |  | Investment |  | Sale |
2017 |  | $ | 102,636 | $ | 48,046 |
2018 |  |  | 54,931 |  | 1,106 |
2019 |  |  | 144,436 |  | 6,921 |
2020 |  |  | 103,537 |  | 612 |
2021 |  |  | 154,389 |  | 4,901 |
Thereafter |  |  | 257,395 |  | 7,237 |
Total payments |  | $ | 817,324 | $ | 68,823 |

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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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