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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 3 Months Ended 6 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Oct. 31, 2022
Oct. 31, 2021
REVENUES:        
Total revenues $ 16,149,000 $ 16,112,000 $ 26,856,000 $ 26,098,000
COSTS AND EXPENSES:        
General and administrative expenses 1,155,000 1,257,000 2,325,000 2,443,000
Total costs and expenses 11,678,000 11,753,000 19,818,000 19,943,000
Operating income 4,471,000 4,359,000 7,038,000 6,155,000
Interest income, net   2,000 6,000 1,000
Other income 0 30,000 0 260,000
Income before income taxes 4,471,000 4,391,000 7,044,000 6,416,000
Provision for income taxes 850,000 1,065,000 1,511,000 1,453,000
Net income $ 3,621,000 $ 3,326,000 $ 5,533,000 $ 4,963,000
Basic earnings per share $ 0.69 $ 0.45 $ 1.05 $ 0.67
Diluted earnings per share $ 0.68 $ 0.45 $ 1.04 $ 0.67
Weighted average number of common shares outstanding - basic 5,281 7,361 5,277 7,354
Weighted average number of common shares outstanding - diluted 5,307 7,383 5,302 7,378
Land sale revenues        
REVENUES:        
Total revenues $ 12,849,000 $ 8,466,000 $ 18,021,000 $ 15,656,000
COSTS AND EXPENSES:        
Cost of revenues 8,472,000 6,030,000 11,779,000 11,120,000
Home sale revenues        
REVENUES:        
Total revenues 2,906,000 819,000 8,345,000 3,230,000
COSTS AND EXPENSES:        
Cost of revenues 2,051,000 629,000 5,714,000 2,543,000
Building sales and other revenues        
REVENUES:        
Total revenues $ 394,000 6,827,000 $ 490,000 7,212,000
COSTS AND EXPENSES:        
Cost of revenues   $ 3,837,000   $ 3,837,000