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INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS (Tables)
 12 Months Ended
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):

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

Land 

    

​

​

    

​

​

    

​

​

​

​

Development

​

Homebuilding

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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.