Federal, State and Local Income Taxes (Detail Textuals) (USD $)	6 Months Ended
	Oct. 31, 2012	Oct. 31, 2011
Income Tax Disclosure [Abstract]
Net operating loss carryforward	$ (360,000)
Gain from deconsolidation of the company's asset management and mutual fund distribution subsidiaries	50,510,000
Deferred non-cash postemployment compensation granted to VLI's former employee	$ 1,770,000
Effective income tax rate	37.18%	34.60%