Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 31, 2016	Apr. 30, 2016
ASSETS
Cash and cash equivalents	$ 11,295	$ 14,562
Receivables, net	7,404	7,271
Real estate inventory	59,715	61,663
Investment assets, net	9,716	10,326
Property, plant and equipment, net	11,677	11,997
Other assets	3,471	3,478
Taxes receivable	51	48
Deferred income taxes, net	10,946	11,283
TOTAL ASSETS	114,275	120,628
LIABILITIES:
Accounts payable and accrued expenses	7,613	8,453
Notes payable:
Amounts due within one year	0	555
Amounts due to related party	6,483	12,384
Notes payable	6,483	12,939
Other liabilities and deferred revenue	3,623	3,682
Accrued pension cost	13,025	12,710
TOTAL LIABILITIES	30,744	37,784
SHAREHOLDERS’ EQUITY:
Common stock, $.10 par value; shares authorized - 20,000,000; shares issued - 8,296,704 at July 31, 2016 and 8,284,704 at April 30, 2016	830	828
Capital contributed in excess of par value	50,608	50,553
Retained earnings	47,409	46,779
Accumulated other comprehensive loss, net	(11,101)	(11,101)
Treasury stock, at cost; 225,250 shares at July 31, 2016 and April 30, 2016	(4,215)	(4,215)
TOTAL SHAREHOLDERS’ EQUITY	83,531	82,844
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 114,275	$ 120,628