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INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS (Tables) | 12 Months Ended
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Apr. 30, 2022
INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS |
Schedule of data relative to the industry segments in which the Company operated | The following tables set forth summarized data relative to the industry segments in which the Company operated for the periods indicated (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Land |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
​ | ​ | Development | ​ | Homebuilding | ​ | Corporate | ​ | Consolidated
2022(a) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revenues | ​ | $ | 44,360 | ​ | $ | 11,221 | ​ | $ | 6,898 | ​ | $ | 62,479
Net income | ​ |  | 15,322 | ​ | ​ | 1,626 | ​ | ​ | (1,086) | ​ | ​ | 15,862
Provision for income taxes | ​ |  | 2,190 | ​ | ​ | 554 | ​ | ​ | 2,960 | ​ | ​ | 5,704
Interest expense (income), net (b) | ​ |  | (1) | ​ | ​ | — | ​ | ​ | (1) | ​ | ​ | (2)
Depreciation | ​ |  | 18 | ​ | ​ | — | ​ | ​ | 207 | ​ | ​ | 225
EBITDA (c) | ​ | $ | 17,529 | ​ | $ | 2,180 | ​ | $ | 2,080 | ​ | $ | 21,789
Capital expenditures | ​ | $ | 1,272 | ​ | $ | 15 | ​ | $ | — | ​ | $ | 1,287
Total assets as of April 30, 2022 | ​ | $ | 86,991 | ​ | $ | 5,631 | ​ | $ | 2,295 | ​ | $ | 94,917
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
2021(a) | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Revenues | ​ | $ | 32,431 | ​ | $ | 3,081 | ​ | $ | 4,557 | ​ | $ | 40,069
Net income (loss) | ​ |  | 10,091 | ​ |  | (84) | ​ |  | (2,615) | ​ |  | 7,392
Provision (benefit) for income taxes | ​ |  | (765) | ​ |  | (45) | ​ |  | 3,453 | ​ |  | 2,643
Interest expense (income), net (b) | ​ |  | 43 | ​ |  | — | ​ |  | (3) | ​ |  | 40
Depreciation | ​ |  | 51 | ​ |  | — | ​ |  | 503 | ​ |  | 554
EBITDA (c) | ​ | $ | 9,420 | ​ | $ | (129) | ​ | $ | 1,338 | ​ | $ | 10,629
Capital expenditures | ​ | $ | — | ​ | $ | 5 | ​ | $ | — | ​ | $ | 5
Total assets as of April 30, 2021 | ​ | $ | 81,892 | ​ | $ | 1,999 | ​ | $ | 13,475 | ​ | $ | 97,366
​
(a) | Revenue information provided for each segment may include amounts classified as building sales and other revenues in the accompanying consolidated statements of operations. Corporate is net of intercompany eliminations.
(b) | Interest expense (income), net excludes inter-segment interest expense (income) that is eliminated in consolidation.
(c) | The Company uses EBITDA (which the Company defines as income (loss) before net interest expense, income taxes, depreciation and amortization, and non-cash impairment charges) in addition to net income (loss) as a key measure of profit or loss for segment performance and evaluation purposes.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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