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Fair Value Of Financial Instruments (Tables)
6 Months Ended
Oct. 31, 2012
Fair Value Disclosures [Abstract]  
Fair Value Of Financial Instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in 000s)

As of

 

October 31, 2012

 

 

April 30, 2012

 

 

 

 

Carrying

 

 

Estimated

 

 

Carrying

 

 

Estimated

 

Fair Value

 

 

Amount

 

 

Fair Value

 

 

Amount

 

 

Fair Value

 

Hierarchy

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

$

1,260,901 

 

$

1,260,901 

 

$

1,944,334 

 

$

1,944,334 

 

Level 1

Cash and cash equivalents – restricted

 

38,667 

 

 

38,667 

 

 

48,100 

 

 

48,100 

 

Level 1

Receivables, net – short-term

 

124,511 

 

 

124,511 

 

 

193,858 

 

 

193,858 

 

Level 1

Mortgage loans held for investment, net

 

370,850 

 

 

226,885 

 

 

406,201 

 

 

248,535 

 

Level 3

Investments in available-for- sale securities

 

389,654 

 

 

389,654 

 

 

372,352 

 

 

372,352 

 

Level 2

Receivables, net – long-term

 

134,359 

 

 

134,359 

 

 

127,468 

 

 

127,468 

 

Level 1 & 3

Note receivable (including interest)

 

58,049 

 

 

64,508 

 

 

55,444 

 

 

55,444 

 

Level 3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Deposits

 

795,519 

 

 

795,227 

 

 

833,047 

 

 

831,251 

 

Level 1 & 3

Long-term debt

 

1,506,803 

 

 

1,540,333 

 

 

1,040,549 

 

 

1,077,223 

 

Level 3