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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Oct. 31, 2012
Apr. 30, 2012
Real estate investments    
Property owned $ 1,983,978 $ 1,892,009
Less accumulated depreciation (394,256) (373,490)
Total property owned 1,589,722 1,518,519
Development in progress 23,218 27,599
Unimproved land 11,670 10,990
Total real estate investments 1,624,610 1,557,108
Other assets    
Real estate held for sale 1,844 2,067
Cash and cash equivalents 84,258 39,989
Other investments 637 634
Receivable arising from straight-lining of rents, net of allowance of $1,209 and $996, respectively 24,895 23,273
Accounts receivable, net of allowance of $154 and $317, respectively 2,854 7,052
Real estate deposits 55 263
Prepaid and other assets 2,101 3,703
Intangible assets, net of accumulated amortization of $47,813 and $42,154, respectively 42,281 44,588
Tax, insurance, and other escrow 12,177 11,669
Property and equipment, net of accumulated depreciation of $1,423 and $1,231, respectively 1,351 1,454
Goodwill 1,110 1,120
Deferred charges and leasing costs, net of accumulated amortization of $16,244 and $13,675, respectively 21,164 21,447
TOTAL ASSETS 1,819,337 1,714,367
LIABILITIES    
Accounts payable and accrued expenses 38,762 47,403
Revolving line of credit 10,000 39,000
Mortgages payable 1,045,197 1,048,689
Other 32,889 14,012
TOTAL LIABILITIES 1,126,848 1,149,104
Statement [Line Items]    
Common Shares of Beneficial Interest (Unlimited authorization, no par value, 93,161,087 shares issued and outstanding at October 31, 2012, and 89,473,838 shares issued and outstanding at April 30, 2012) 711,880 684,049
Accumulated distributions in excess of net income (295,396) (278,377)
Total Investors Real Estate Trust shareholders' equity 555,158 432,989
Noncontrolling interests - Operating Partnership (21,336,222 units at October 31, 2012 and 20,332,415 units at April 30, 2012) 122,357 118,710
Noncontrolling interests - consolidated real estate entities 14,974 13,564
Total equity 692,489 565,263
TOTAL LIABILITIES AND EQUITY 1,819,337 1,714,367
Preferred Class A [Member]
   
Statement [Line Items]    
Preferred Shares of Beneficial Interest (Cumulative redeemable preferred shares, no par value) 27,317 27,317
Preferred Class B [Member]
   
Statement [Line Items]    
Preferred Shares of Beneficial Interest (Cumulative redeemable preferred shares, no par value) $ 111,357 $ 0