BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Jan. 31, 2017

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES [Abstract]

At January 31, 2017, our compensating balances totaled $2.1 million and consisted of the following:


Financial Institution
Bremer Bank, Saint Paul, MN		1,285,000
Dacotah Bank, Minot, ND		250,000
Peoples State Bank, Velva, ND		225,000
American National Bank, Omaha, NE		200,000
Commerce Bank a Minnesota Banking Corporation		100,000
Total	$	2,060,000

Schedule Identified Intangible Assets and Intangible Liabilities

Our identified intangible assets and intangible liabilities at January 31, 2017 and April 30, 2016 were as follows:


	(in thousands)
	January 31, 2017		April 30, 2016
Identified intangible assets (included in intangible assets):
Gross carrying amount	$	6,103	$	8,088
Accumulated amortization		(5,372)		(6,230)
Net carrying amount	$	731	$	1,858

Identified intangible liabilities (included in other liabilities):
Gross carrying amount	$	157	$	159
Accumulated amortization		(71)		(55)
Net carrying amount	$	86	$	104

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)
2018	$	(11)
2019		(20)
2020		(16)
2021		(13)
2022		(6)

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

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)
2018	$	269
2019		170
2020		104
2021		78
2022		25