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Leases (Tables)
3 Months Ended
Jul. 31, 2020
Lessee Disclosure [Abstract]  
Schedule of Right-of-Use Assets and Operating Lease Liabilities
ROU assets is summarized below:
July 31, 2020
Operating office leases$12,356,837 
Less accumulated reduction(5,092,253)
Balance of ROU assets as of July 31, 2020$7,264,584 
Operating lease obligations, related to the ROU assets is summarized below:
July 31, 2020
Operating office leases$13,312,573 
Total lease liabilities13,312,573 
Reduction of lease liabilities(5,092,253)
Total as of July 31, 2020$8,220,320 
Future Minimum Payments Under Operating Leases
The following is a schedule by fiscal years of future minimum lease payments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year as of July 31, 2020 (a).
Maturity of Lease ObligationsLease Payments
2021 (remaining)$1,809,774 
20222,253,619 
20231,703,419 
20241,466,758 
20251,134,718 
2026 and beyond3,536,443 
Total future minimum lease payments11,904,731 
Less imputed interest(3,684,411)
Present value of operating lease obligations$8,220,320 
_____________________(a) Lease payments exclude legally binding minimum lease payments for campus leases signed but not yet commenced for the following locations: $10.2 million in Tampa, Florida, $5.2 million in Phoenix, Arizona, and $4.3 million in Austin, Texas.
Schedule of Balance Sheet Information Related to Leases
Balance Sheet Classification
Operating lease obligations, current$1,542,754 
Operating lease obligations, long-term6,677,566 
Total operating lease obligations$8,220,320 
Schedule of Other Information Related to Leases
Other Information
Weighted average remaining lease term (in years)6.36
Weighted average discount rate12.00 %