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ACQUISITIONS, DEVELOPMENT PROJECTS PLACED IN SERVICE AND DISPOSITIONS, DEVELOPMENT PROJECTS PLACED IN SERVICE (Details)
$ in Thousands
 12 Months Ended
Apr. 30, 2015
USD ($)
ft²
Unit
Apr. 30, 2014
USD ($)
Unit
Apr. 30, 2013
USD ($)
Business Acquisition [Line Items]      
Land $ 17,478 $ 8,034  
Building 38,403 $ 34,646  
Project costs incurred to date [1] 208,982    
Landing at Southgate - Minot, ND [Member]      
Business Acquisition [Line Items]      
Interest in joint venture (in hundredths)   52.90%  
Cypress Court - St. Cloud, MN [Member]      
Business Acquisition [Line Items]      
Interest in joint venture (in hundredths)   86.10%  
Multi-Family Residential [Member]      
Business Acquisition [Line Items]      
Land 2,961 $ 1,447  
Building 38,403 17,635  
Development Projects Placed in Service [Member]      
Business Acquisition [Line Items]      
Land 9,941 [2] 3,987 [3]  
Building 114,548 [2] 49,560 [3]  
Development cost 124,489 [2] 53,547 [3]  
Development Projects Placed in Service [Member] | Multi-Family Residential [Member]      
Business Acquisition [Line Items]      
Land 8,949 [2] 3,987 [3]  
Building 103,319 [2] 49,560 [3]  
Development cost $ 112,268 [2] 53,547 [3]  
Development Projects Placed in Service [Member] | Multi-Family Residential [Member] | Dakota Commons - Williston, ND [Member]      
Business Acquisition [Line Items]      
Date placed in service [2],[4] Jul. 15, 2014    
Land [2],[4] $ 823    
Building [2],[4] 9,596    
Development cost [2],[4] $ 10,419    
Number of apartment units | Unit [2],[4] 44    
Development costs paid [2],[4] $ 2,300 8,100  
Project costs incurred to date [2],[4] $ 10,419,000    
Development Projects Placed in Service [Member] | Multi-Family Residential [Member] | RED 20 - Minneapolis, MN [Member]      
Business Acquisition [Line Items]      
Date placed in service [2],[5] Nov. 21, 2014    
Land [2],[5] $ 1,900    
Building [2],[5] 26,412    
Development cost [2],[5] $ 28,312    
Number of apartment units | Unit [2],[5] 130    
Development costs paid [2],[5] $ 16,100 12,200  
Project costs incurred to date [2],[5] $ 28,312,000    
Interest in joint venture (in hundredths) 58.60%    
Development Projects Placed in Service [Member] | Multi-Family Residential [Member] | Commons at Southgate - Minot, ND [Member]      
Business Acquisition [Line Items]      
Date placed in service [2],[6] Dec. 09, 2014    
Land [2],[6] $ 3,691    
Building [2],[6] 31,351    
Development cost [2],[6] $ 35,042    
Number of apartment units | Unit [2],[6] 233    
Development costs paid [2],[6] $ 8,500 26,500  
Project costs incurred to date [2],[6] $ 35,042,000    
Interest in joint venture (in hundredths) 52.90%    
Development Projects Placed in Service [Member] | Multi-Family Residential [Member] | Cypress Court II - St. Cloud, MN [Member]      
Business Acquisition [Line Items]      
Date placed in service [2],[7] Jan. 01, 2015    
Land [2],[7] $ 447    
Building [2],[7] 6,320    
Development cost [2],[7] $ 6,767    
Number of apartment units | Unit [2],[7] 64    
Development costs paid [2],[7] $ 5,600 1,200  
Project costs incurred to date [2],[7] $ 6,767,000    
Interest in joint venture (in hundredths) 86.10%    
Development Projects Placed in Service [Member] | Multi-Family Residential [Member] | Arcata - Golden Valley, MN [Member]      
Business Acquisition [Line Items]      
Date placed in service [2],[8] Jan. 01, 2015    
Land [2],[8] $ 2,088    
Building [2],[8] 29,640    
Development cost [2],[8] $ 31,728    
Number of apartment units | Unit [2],[8] 165    
Development costs paid [2],[8] $ 20,400 $ 11,300  
Project costs incurred to date [2],[8] $ 31,728,000    
Development Projects Placed in Service [Member] | Multi-Family Residential [Member] | Landing at Southgate - Minot, ND [Member]      
Business Acquisition [Line Items]      
Date placed in service [3],[9]   Sep. 04, 2013  
Land [3],[9]   $ 2,262  
Building [3],[9]   12,864  
Development cost [3],[9]   $ 15,126  
Number of apartment units | Unit [3],[9]   108  
Development costs paid [3],[9]   $ 8,800 $ 6,300
Project costs incurred to date [3],[9]   $ 15,126,000  
Development Projects Placed in Service [Member] | Multi-Family Residential [Member] | Cypress Court - St. Cloud, MN [Member]      
Business Acquisition [Line Items]      
Date placed in service [3],[10]   Nov. 01, 2013  
Land [3],[10]   $ 1,136  
Building [3],[10]   12,428  
Development cost [3],[10]   $ 13,564  
Number of apartment units | Unit [3],[10]   132  
Development costs paid [3],[10]   $ 7,800 5,800
Project costs incurred to date [3],[10]   $ 13,564,000  
Development Projects Placed in Service [Member] | Multi-Family Residential [Member] | River Ridge - Bismarck, ND [Member]      
Business Acquisition [Line Items]      
Date placed in service [3],[11]   Dec. 02, 2013  
Land [3],[11]   $ 589  
Building [3],[11]   24,268  
Development cost [3],[11]   $ 24,857  
Number of apartment units | Unit [3],[11]   146  
Development costs paid [3],[11]   $ 14,700 $ 10,100
Project costs incurred to date [3],[11]   $ 24,857,000  
Development Projects Placed in Service [Member] | Industrial [Member] | Roseville 3075 Long Lake Rd - Roseville, MN [Member]      
Business Acquisition [Line Items]      
Date placed in service [2] Nov. 10, 2014    
Land [2] $ 0    
Building [2] 9,036    
Development cost [2] $ 9,036    
Area of real estate property | ft² [2] 202,807    
Development costs paid [2] $ 9,000    
Development Projects Placed in Service [Member] | Other Property [Member] | Minot Southgate Wells Fargo Bank - Minot, ND [Member]      
Business Acquisition [Line Items]      
Date placed in service Nov. 10, 2014    
Land $ 992    
Building 2,193    
Development cost $ 3,185    
Area of real estate property | ft² 4,998    
Development costs paid $ 3,200    
[1] Includes costs related to development projects that are placed in service in phases (Renaissance Heights - $46.0 million).
[2] Development projects that are placed in service in phases are excluded from this table until the entire project has been placed in service. See Note 6 for additional information on the Renaissance Heights project, which was partially placed in service during fiscal years 2014 and 2015.
[3] Development projects that are placed in service in phases are excluded from this table until the entire project has been placed in service. See Note 15 for additional information on the Renaissance Heights I project, which was partially placed in service during the three months ended April 30, 2014.
[4] Costs paid in prior fiscal years totaled $8.1 million. Additional costs paid in fiscal year 2015 totaled $2.3 million, for a total project cost at April 30, 2015 of $10.4 million.
[5] Costs paid in prior fiscal years totaled $12.2 million. Additional costs paid in fiscal year 2015 totaled $16.1 million, for a total project cost at April 30, 2015 of $28.3 million. The project is owned by a joint venture entity in which the Company has an approximately 58.6% interest. The joint venture is consolidated in IRET's financial statements.
[6] Costs paid in prior fiscal years totaled $26.5 million, respectively. Additional costs paid in fiscal year 2015 totaled $8.5 million, for a total project cost at April 30, 2015 of $35.0 million. The project is owned by a joint venture entity in which the Company has an approximately 52.9% interest. The joint venture is consolidated in IRET's financial statements.
[7] Costs paid in prior fiscal years totaled $1.2 million. Additional costs paid in fiscal year 2015 totaled $5.6 million, for a total project cost at April 30, 2015 of $6.8 million. The project is owned by a joint venture entity in which the Company has an approximately 86.1% interest. The joint venture is consolidated in IRET's financial statements.
[8] Costs paid in prior fiscal years totaled $11.3 million, respectively. Additional costs paid in fiscal year 2015 totaled $20.4 million, for a total project cost at April 30, 2015 of $31.7 million.
[9] Costs paid in prior fiscal years totaled $6.3 million. Costs paid in fiscal year 2014 totaled $8.8 million for a total project cost at April 30, 2014 of $15.1 million. The project is owned by a joint venture entity in which the Company has an approximately 52.9% interest.
[10] Costs paid in prior fiscal years totaled $5.8 million. Costs paid in fiscal year 2014 totaled $7.8 million for a total project cost at April 30, 2014 of $13.6 million. The project is owned by a joint venture entity in which the Company has an approximately 86.1% interest.
[11] Costs paid in prior fiscal years totaled $10.1 million. Costs paid in fiscal year 2014 totaled $14.7 million for a total project cost at April 30, 2014 of $24.9 million.