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Note 2 - Schedule of Components of EAM's Investment Management Operations (Details) - USD ($)
3 Months Ended
Jul. 31, 2016
Jul. 31, 2015
EAM Trust [Member]    
Investment management fees earned from the Value Line Funds, net of fee waivers $ 3,637 $ 3,838
12b-1 fees and other fees, net of fee waivers 1,443 1,396
Other income (loss) 63,000 (9)
Investment management fee waivers (1) [1] 81 47
12b-1 fee waivers (1) [1] 233,000 371,000
Value Line’s non-voting revenues interest 1,787,000 1,902,000
EAM's net income (2) [2] 258,000 280,000
Value Line’s non-voting revenues interest 1,787,000 1,902,000
EAM's net income (2) $ 6,358,000 $ 2,119,000
[1] During fiscal 2017 and 2016 investment management fee waivers primarily related to the Value Line Core Bond Fund and the 12b-1 fee waivers related to four of the Value Line Mutual Funds.
[2] Represents EAM's net income, after giving effect to Value Line's non-voting revenues interest, but before distributions to voting profits interest holders and to the Company in respect of its 50% non-voting profits interest.