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Interest Income And Interest Expense
9 Months Ended
Jan. 31, 2017
Interest Income And Interest Expense [Abstract]  
Other Income And Other Expenses
NOTE 8: OTHER INCOME AND OTHER EXPENSES
The following table shows the components of other income and other expenses:
(in 000s)
 
 
 
Three months ended January 31,
 
Nine months ended January 31,
 
 
2017

 
2016

 
2017

 
2016

Other income, net:
 
 
 
 
 
 
 
 
Mortgage loans and real estate owned, net
 
$
(377
)
 
$
2,186

 
$
2,668

 
$
2,220

Interest and gains on available-for-sale (AFS) securities
 
51

 
36

 
134

 
8,804

Foreign currency gains
 
80

 

 
80

 

Other
 
76

 
833

 
2,096

 
2,969

 
 
$
(170
)
 
$
3,055

 
$
4,978

 
$
13,993

Other expenses, net:
 
 
 
 
 
 
 
 
Foreign currency losses
 
$

 
$
(3,516
)
 
$
(27
)
 
$
(8,138
)
Impairment of investments
 

 
(2,500
)
 

 
(2,500
)
Other
 
304

 
(124
)
 
(3
)
 
(697
)
 
 
$
304

 
$
(6,140
)
 
$
(30
)
 
$
(11,335
)
 
 
 
 
 
 
 
 
 

In connection with our deregistration as a savings and loan holding company, we no longer present interest income on mortgage loans and various other investments as revenues. Effective September 1, 2015, these amounts are prospectively reported in other income on the consolidated statements of operations and comprehensive loss. Additionally, in December 2016 we sold our portfolio of mortgage loans and related real estate owned. Cash proceeds received during the period totaled $188.2 million and approximated carrying value.