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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Apr. 30, 2013
Apr. 30, 2012
Real estate investments    
Property owned $ 2,032,970 $ 1,892,009
Less accumulated depreciation (420,421) (373,490)
Total property owned 1,612,549 1,518,519
Development in progress 46,782 27,599
Unimproved land 21,503 10,990
Total real estate investments 1,680,834 1,557,108
Other assets    
Real estate held for sale 0 2,067
Cash and cash equivalents 94,133 39,989
Other investments 639 634
Receivable arising from straight-lining of rents, net of allowance of $830 and $1,209, respectively 26,354 23,273
Accounts receivable, net of allowance of $563 and $154, respectively 4,534 7,052
Real estate deposits 196 263
Prepaid and other assets 5,124 3,703
Intangible assets, net of accumulated amortization of $27,708 and $47,813, respectively 40,457 44,588
Tax, insurance, and other escrow 12,569 11,669
Property and equipment, net of accumulated depreciation of $1,673 and $1,423, respectively 1,221 1,454
Goodwill 1,106 1,120
Deferred charges and leasing costs, net of accumulated amortization of $18,714 and $16,244, respectively 22,387 21,447
TOTAL ASSETS 1,889,554 1,714,367
LIABILITIES    
Accounts payable and accrued expenses 50,797 47,403
Revolving line of credit 10,000 39,000
Mortgages payable 1,049,206 1,048,689
Other 18,170 14,012
TOTAL LIABILITIES 1,128,173 1,149,104
COMMITMENTS AND CONTINGENCIES (NOTE 15)      
Statement [Line Items]    
Common Shares of Beneficial Interest (Unlimited authorization, no par value, 101,487,976 shares issued and outstanding at April 30, 2013, and 89,473,838 shares issued and outstanding at April 30, 2012) 784,454 684,049
Accumulated distributions in excess of net income (310,341) (278,377)
Total Investors Real Estate Trust shareholders' equity 612,787 432,989
Noncontrolling interests - Operating Partnership (21,635,127 units at April 30, 2013 and 20,332,415 units at April 30, 2012) 122,539 118,710
Noncontrolling interests - consolidated real estate entities 26,055 13,564
Total equity 761,381 565,263
TOTAL LIABILITIES AND EQUITY 1,889,554 1,714,367
Preferred Class A [Member]
   
Statement [Line Items]    
Series A Preferred Shares of Beneficial Interest (Cumulative redeemable preferred shares, no par value, 1,150,000 shares issued and outstanding at January 31, 2013 and April 30, 2012, aggregate liquidation preference of $28,750,000) Series B Preferred Shares of Beneficial Interest (Cumulative redeemable preferred shares, no par value, 4,600,000 and 0 shares issued and outstanding at January 31, 2013 and April 30, 2012, respectively, aggregate liquidation preference of $115,000,000) 27,317 27,317
Preferred Class B [Member]
   
Statement [Line Items]    
Series B Preferred Shares of Beneficial Interest (Cumulative redeemable preferred shares, no par value, 4,600,000 shares issued and outstanding at April 30, 2013 and 0 shares issued and outstanding at April 30, 2012, aggregate liquidation preference of $115,000,000) $ 111,357 $ 0