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3. COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Apr. 30, 2016
Commitments and Contingencies Disclosure [Abstract]  
Schedule of operating leases

Lease

Execution Date

Approximate Square Footage

Leased

# of Buildings

Occupied

Initial

Lease Term

Expiration Date

# of Options

to Extend

Lease

Extended
Lease

Term Expiration

Date(1)

December 1998 48,000 2 12/31/17 2 12/31/27
May 2010 13,000 1 12/31/17 1 12/31/22
July 2014 40,000 1 7/31/21 2 7/31/31
April 2016 26,000 1 8/31/23 2 8/31/35
April 2016 25,000 1 8/31/23 2 8/31/35

______________

(1)Extended lease term expiration date assumes we execute all available option(s) to extend lease in accordance with the terms of the lease agreement.

  

Future minimum lease payments under all non-cancelable operating leases

Year ending April 30,:

  

Minimum

Lease Payments

 
 2017   $2,006,000 
 2018    1,976,000 
 2019    1,283,000 
 2020    1,272,000 
 2021    1,309,000 
 Thereafter    2,065,000 
     $9,911,000