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DISCONTINUED OPERATIONS (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Oct. 31, 2012
Oct. 31, 2011
Oct. 31, 2012
Oct. 31, 2011
DISCONTINUED OPERATIONS [Abstract]        
Number Of Condominium Units Sold     2  
Number of multi-family residential properties sold     2  
REVENUE        
Real estate rentals $ 53,389 $ 49,371 $ 104,719 $ 97,804
Tenant reimbursement 11,554 10,829 22,210 21,560
TOTAL REVENUE 64,943 60,200 126,929 119,364
EXPENSES        
Depreciation/amortization related to real estate investments 15,707 14,116 31,096 28,190
Utilities 4,859 4,848 9,057 8,792
Maintenance 6,511 6,888 13,853 13,653
Real estate taxes 8,281 7,624 16,628 15,381
Insurance 954 773 1,862 1,638
Property management expenses 4,199 5,394 8,245 10,705
Other expenses 513 835 1,032 1,150
Amortization related to non-real estate investments 799 758 1,632 1,492
TOTAL EXPENSES 43,884 43,340 87,562 85,286
Interest expense (16,300) (16,193) (32,723) (31,978)
Interest income 88 37 106 90
Gain on sale of discontinued operations     2,680 589
INCOME FROM DISCONTINUED OPERATIONS 2,785 611 2,754 598
Discontinued Operations [Member]
       
REVENUE        
Real estate rentals 317 449 751 916
Tenant reimbursement 0 39 0 36
TOTAL REVENUE 317 488 751 952
EXPENSES        
Depreciation/amortization related to real estate investments 50 77 114 169
Utilities 30 52 63 106
Maintenance 44 74 127 137
Real estate taxes 32 52 75 98
Insurance 9 12 23 24
Property management expenses 51 74 112 144
TOTAL EXPENSES 216 341 514 678
Interest expense (69) (125) (163) (265)
Income from discontinued operations before gain on sale 32 22 74 9
Gain on sale of discontinued operations 2,753 589 2,680 589
INCOME FROM DISCONTINUED OPERATIONS $ 2,785 $ 611 $ 2,754 $ 598