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EARNINGS PER SHARE (Tables) | 3 Months Ended
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Jul. 31, 2016
EARNINGS PER SHARE [Abstract] |
Reconciliation of Numerator and Denominator Used To Calculate Basic and Diluted Earnings per Share |
|  | Three Months Ended |
|  | July 31, |
|  | 2016 |  | 2015 |
NUMERATOR |  |  |  |  |  |  |
(Loss) income from continuing operations – Investors Real Estate Trust |  | $ | (24,914) |  | $ | 3,868 |
Income from discontinued operations – Investors Real Estate Trust |  |  | 3,271 |  |  | 672 |
Net (loss) income attributable to Investors Real Estate Trust |  |  | (21,643) |  |  | 4,540 |
Dividends to preferred shareholders |  |  | (2,879) |  |  | (2,879) |
Numerator for basic earnings per share – net (loss) income available to common shareholders |  |  | (24,522) |  |  | 1,661 |
Noncontrolling interests – Operating Partnership |  |  | (3,296) |  |  | 186 |
Numerator for diluted (loss) earnings per share |  | $ | (27,818) |  | $ | 1,847 |
DENOMINATOR |  |  |  |  |  |  |
Denominator for basic earnings per share weighted average shares |  |  | 121,117 |  |  | 124,855 |
Effect of convertible operating partnership units |  |  | 16,285 |  |  | 13,951 |
Denominator for diluted earnings per share |  |  | 137,402 |  |  | 138,806 |
(Loss) earnings per common share from continuing operations – Investors Real Estate Trust – basic and diluted |  | $ | (0.23) |  | $ | 0.01 |
Earnings per common share from discontinued operations – Investors Real Estate Trust – basic and diluted |  |  | 0.03 |  |  | — |
NET (LOSS) INCOME PER COMMON SHARE – BASIC & DILUTED |  | $ | (0.20) |  | $ | 0.01 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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