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COMMITMENTS AND CONTINGENCIES (Tables)
 9 Months Ended
Jan. 31, 2017
COMMITMENTS AND CONTINGENCIES [Abstract]  
Development. Expansion and Renovation Projects

As of January 31, 2017, we had a development project underway during the quarter, the costs for which have been capitalized, as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

    

(in fiscal years)

 

 

    

 

    

Rentable

    

 

 

    

 

 

    

Anticipated

 

 

 

 

 

Square Feet

 

Anticipated

 

Costs as of

 

Construction

 

Project Name and Location

 

Planned Segment

 

or Number of Units

 

Total Cost

 

January 31, 2017(1)

 

Completion

 

Monticello Crossings - Monticello, MN

 

Multifamily

 

202 units

 

$
32,134

 

$
29,345

 

4Q 2017

 

Other

 

n/a

 

n/a

 

 

n/a

 

 
3,161

 

n/a

 

 

 

 

 

 

 

 

 

 

$
32,506

 

 

 

(1)

Amount for Monticello Crossings includes costs related to portions of the development project that were placed into service during the quarters ended October 31, 2016 and January 31, 2017.