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BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)
12 Months Ended
Apr. 30, 2013
Apr. 30, 2012
Apr. 30, 2011
Oct. 31, 2012
BASIS OF PRESENTATION [Abstract]        
Interest in operating partnership (in hundredths) 82.40% 81.50%    
Percentage of general interest partnership (in hundredths) 100.00%      
Redemption basis one-for-one      
Redemptions by limited partner, maximum 2      
Number of units to redeem, minimum (in units) 1,000      
Period to hold the beneficial interest, minimum 1 year      
RECLASSIFICATIONS [Abstract]        
Number of retail properties sold 4 2    
Number of properties classified as held for sale 0 8 0  
Number of apartment complexes sold 3      
Iret Number Of Healthcare Properties Sold 1      
Real Estate Properties [Line Items]        
Impairment of retail property $ 305,000 $ 428,000 $ 0  
Number of impairment properties 1 2    
Goodwill impairment   7,000    
IDENTIFIED INTANGIBLE ASSETS AND LIABILITIES AND GOODWILL [Abstract]        
New intangible assets 1,600,000 416,000    
Addition to intangible liabilities 0 0    
Weighted average lives of intangible assets and intangible liabilities 6 months 10 years    
Goodwill book value 1,106,000 1,120,000    
Recognized impairment goodwill   7,000    
PROPERTY AND EQUIPMENT [Abstract]        
Property and equipment cost 2,900,000 2,900,000    
Accumulated depreciation 1,673 1,423    
Compensating Balances [Line Items]        
Certificates of deposit 639,000      
Remaining terms of certificates of deposit 2 years      
Decrease in lender holdbacks 1,891,000 5,681,000 3,276,000  
Increase in lender holdbacks for improvements 2,466,000 1,730,000 10,712,000  
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Balance at beginning of year 154      
Provision 1,008,000 (142,000) 665,000  
Balance at close of year 563 154    
Income Tax Disclosure [Abstract]        
Minimum dividend distribution percentage (in hundredths) 90.00%      
Dividend distribution percentage (in hundredths) 90.00% 90.00% 90.00%  
Distribution of federal income tax (in hundredths)   23.17% 18.04%  
Distribution of capital gain (in hundredths)   2.41% 37.48%  
Distribution made as return of capital (in hundredths)   74.42% 44.48%  
INVOLUNTARY CONVERSION OF ASSETS [Abstract]        
Expensed flood and fire insurance deductibles 400,000      
Number of 32-unit buildings 2      
Number of units in building 32      
Number of buildings destroyed       1
Deductible amount for losses to be covered under insurance policy 200,000      
Insurance proceeds received for flood clean up costs and redevelopment 2,900,000 5,700,000    
Insurance proceeds received for reimbursement for business interruption (loss of rents) 409,000 666,000    
Estimated gain on involuntary conversion 2,300,000 274,000    
Allowance for Doubtful Accounts [Member]
       
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Balance at beginning of year 1,363,000 1,316,000 1,172,000  
Provision 665,000 298,000 733,000  
Write-off (635,000) (251,000) (589,000)  
Balance at close of year 1,393,000 1,363,000 1,316,000  
Dacotah Bank, Minot, North Dakota [Member]
       
Compensating Balances [Line Items]        
Compensating balance 350,000,000      
United Community Bank, Minot, North Dakota [Member]
       
Compensating Balances [Line Items]        
Compensating balance 275,000,000      
Commerce Bank, A Minnesota Banking Corporation [Member]
       
Compensating Balances [Line Items]        
Compensating balance 250,000,000      
First International Bank, Watford City, North Dakota [Member]
       
Compensating Balances [Line Items]        
Compensating balance 6,100,000      
Peoples State Bank of Velva, North Dakota [Member]
       
Compensating Balances [Line Items]        
Compensating balance 225,000,000      
Equity Bank, Minnetonka, Minnesota [Member]
       
Compensating Balances [Line Items]        
Compensating balance 300,000,000      
Associated Bank, Green Bay, Wisconsin [Member]
       
Compensating Balances [Line Items]        
Compensating balance 500,000,000      
Venture Bank, Eagan, Minnesota [Member]
       
Compensating Balances [Line Items]        
Compensating balance 500,000,000      
American National Bank, Omaha, Nebraska [Member]
       
Compensating Balances [Line Items]        
Compensating balance 400,000,000      
Multi-family residential properties [Member]
       
Finite-Lived Intangible Assets [Line Items]        
Number of properties disposed 2   4  
Goodwill derecognized 14,000   261,000  
Kentwood, Michigan, retail property [Member]
       
Real Estate Properties [Line Items]        
Impairment of retail property   128,000    
Grand Chute, Wisconsin [Member]
       
Real Estate Properties [Line Items]        
Impairment of retail property   $ 293,000