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IDENTIFIED INTANGIBLE ASSETS AND LIABILITIES (Tables)
12 Months Ended
Apr. 30, 2015
IDENTIFIED INTANGIBLE ASSETS AND LIABILITIES [Abstract]  
Schedule Identified Intangible Assets and Intangible Liabilities

The Company’s identified intangible assets and intangible liabilities at April 30, 2015 and 2014 were as follows:

 

 

 

(in thousands)

 

 

 

April 30, 2015

 

April 30, 2014

 

Identified intangible assets (included in intangible assets):

 

 

 

 

 

Gross carrying amount

 

$

45,823

 

$

48,181

 

Accumulated amortization

 

(19,610

)

(17,286

)

 

 

 

 

 

 

Net carrying amount

 

$

26,213

 

$

30,895

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Identified intangible liabilities (included in other liabilities):

 

 

 

 

 

Gross carrying amount

 

$

82

 

$

127

 

Accumulated amortization

 

(61

)

(90

)

 

 

 

 

 

 

Net carrying amount

 

$

21

 

$

37

 

 

 

 

 

 

 

 

 

 

Estimated Annual Amortization of Acquired Below-Market Leases, Net Of Acquired Above-Market Leases

The estimated annual amortization of acquired below-market leases, net of acquired above-market leases for each of the five succeeding fiscal years is as follows:

 

Year Ended April 30,

 

(in thousands)

 

2016

 

$

22

 

2017

 

11

 

2018

 

(3

)

2019

 

(3

)

2020

 

(1

)

 

Estimated Annual Amortization of All Other Identified Intangible Assets

The estimated annual amortization of all other identified intangible assets for each of the five succeeding fiscal years is as follows:

 

Year Ended April 30,

 

(in thousands)

 

2016

 

$

4,000

 

2017

 

3,698

 

2018

 

3,469

 

2019

 

3,433

 

2020

 

3,390