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INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS (Tables)
 9 Months Ended
Jan. 31, 2019
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The following tables set forth summarized data relative to the industry segments in which the Company operated for the periods indicated (in thousands):
 
 
 
Real Estate
 
 
Fulfillment
Services (d)
 
 
Corporate
and 
Other
 
 
Consolidated
 
Three months ended January 31, 2019 (a):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
2,391
 
 
$
6,916
 
 
$
33
 
 
$
9,340
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income
 
$
(944
)
 
$
634
 
 
$
278
 
 
$
(32
)
Provision (benefit) for income taxes
 
 
263
 
 
 
(751
)
 
 
302
 
 
 
(186
)
Interest expense (income), net (b)
 
 
591
 
 
 
298
 
 
 
(881
)
 
 
8
 
Depreciation
 
 
22
 
 
 
247
 
 
 
-
 
 
 
269
 
EBITDA (c)
 
$
(68
)
 
$
428
 
 
$
(301
)
 
$
59
 
Capital expenditures
 
$
5
 
 
$
23
 
 
$
-
 
 
$
28
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended January 31, 2018 (a):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
2,671
 
 
$
7,676
 
 
$
32
 
 
$
10,379
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss
 
$
(727
)
 
$
(2,043
)
 
$
(81
)
 
$
(2,851
)
Provision for income taxes
 
 
29
 
 
 
2,539
 
 
 
568
 
 
 
3,136
 
Interest expense (income), net (b)
 
 
575
 
 
 
288
 
 
 
(845
)
 
 
18
 
Depreciation
 
 
30
 
 
 
289
 
 
 
-
 
 
 
319
 
EBITDA (c)
 
$
(93
)
 
$
1,073
 
 
$
(358
)
 
$
622
 
Capital expenditures
 
$
52
 
 
$
49
 
 
$
-
 
 
$
101
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine months ended January 31, 2019 (a):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
9,266
 
 
$
21,302
 
 
$
95
 
 
$
30,663
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income
 
$
(1,921
)
 
$
922
 
 
$
1,083
 
 
$
84
 
(Benefit) provision for income taxes
 
 
(80
)
 
 
(670
)
 
 
465
 
 
 
(285
)
Interest expense (income), net (b)
 
 
1,768
 
 
 
885
 
 
 
(2,633
)
 
 
20
 
Depreciation
 
 
66
 
 
 
776
 
 
 
-
 
 
 
842
 
EBITDA (c)
 
$
(167
)
 
$
1,913
 
 
$
(1,085
)
 
$
661
 
Capital expenditures
 
$
5
 
 
$
57
 
 
$
-
 
 
$
62
 
Total assets as of January 31, 2019
 
$
78,572
 
 
$
21,584
 
 
$
4,354
 
 
$
104,510
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine months ended January 31, 2018 (a):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
6,894
 
 
$
23,910
 
 
$
76
 
 
$
30,880
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income
 
$
(1,124
)
 
$
(443
)
 
$
442
 
 
$
(1,125
)
(Benefit) provision for income taxes
 
 
(175
)
 
 
3,364
 
 
 
798
 
 
 
3,987
 
Interest expense (income), net (b)
 
 
1,623
 
 
 
884
 
 
 
(2,458
)
 
 
49
 
Depreciation
 
 
65
 
 
 
889
 
 
 
-
 
 
 
954
 
EBITDA (c)
 
$
389
 
 
$
4,694
 
 
$
(1,218
)
 
$
3,865
 
Capital expenditures
 
$
52
 
 
$
78
 
 
$
-
 
 
$
130
 
Total assets as of January 31, 2018
 
$
74,519
 
 
$
22,312
 
 
$
9,007
 
 
$
105,838
 
 
(a)
Revenue information provided for each segment includes amounts grouped as Other in the accompanying consolidated statements of operations. Corporate and Other is net of intercompany eliminations.
 
(b)
Interest expense (income), net includes inter-segment interest expense (income) that is eliminated in consolidation.
 
(c)
The Company uses EBITDA (which the Company defines as net (loss) income before net interest expense (income), income taxes, and depreciation and amortization), in addition to net (loss) income as a key measure of profit or loss for segment performance and evaluation purposes.
 
(d)
Fulfillment services revenues and EBITDA for the first nine months of 2018 included a pre-tax gain of $1,318,000 resulting from the settlement agreement with the State of Florida (see Note 7).
Disaggregation of Revenue [Table Text Block] The following table presents the Company’s revenues disaggregated by revenue source (in thousands):
 
 
 
Three Months
Ended January 31,
 
 
 
2019
 
 
2018
 
Fulfillment revenues:
 
 
 
 
 
 
 
 
Subscription services
 
$
4,234
 
 
$
4,335
 
Membership fulfillment
 
 
1,116
 
 
 
1,936
 
Contact center
 
 
1,343
 
 
 
1,220
 
Other revenues
 
 
223
 
 
 
185
 
Total fulfillment revenues
 
 
6,916
 
 
 
7,676
 
 
 
 
 
 
 
 
 
 
Real estate revenues:
 
 
 
 
 
 
 
 
Developed land sales
 
 
 
 
 
 
 
 
Residential land sales
 
 
2,220
 
 
 
2,450
 
Commercial land sales
 
 
-
 
 
 
-
 
Undeveloped land sales
 
 
156
 
 
 
60
 
Total real estate revenues
 
 
2,376
 
 
 
2,510
 
 
 
 
 
 
 
 
 
 
Total corporate and other revenues
 
 
48
 
 
 
193
 
Total revenues
 
$
9,340
 
 
$
10,379
 
 
 
 
Nine Months
Ended January 31,
 
 
 
2019
 
 
2018
 
Fulfillment revenues:
 
 
 
 
 
 
 
 
Subscription services
 
$
13,106
 
 
$
13,263
 
Membership fulfillment
 
 
4,235
 
 
 
5,575
 
Contact center
 
 
3,407
 
 
 
3,187
 
Other revenues
 
 
554
 
 
 
567
 
Total fulfillment revenues
 
 
21,302
 
 
 
22,592
 
 
 
 
 
 
 
 
 
 
Real estate revenues:
 
 
 
 
 
 
 
 
Developed land sales
 
 
 
 
 
 
 
 
Residential land sales
 
 
8,737
 
 
 
6,503
 
Commercial land sales
 
 
-
 
 
 
-
 
Undeveloped land sales
 
 
187
 
 
 
100
 
Total real estate revenues
 
 
8,924
 
 
 
6,603
 
 
 
 
 
 
 
 
 
 
Total corporate and other revenues
 
 
437
 
 
 
1,685
 
Total revenues
 
$
30,663
 
 
$
30,880