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ACQUISITIONS AND DISPOSITIONS (Details) (USD $)
12 Months Ended
Apr. 30, 2013
Apr. 30, 2012
Significant Acquisitions and Disposals [Line Items]    
Cash paid for acquisition of property $ 135,800,000 $ 97,100,000
Assumed debt 12,500,000 7,200,000
Noncontrolling Interest in Operating Partnerships 12,600,000 8,100,000
Estimated cost of construction 25,800,000  
Transaction costs expensed during the period   542,000
Acquisitions and development projects placed in service [Abstract]    
Land 29,361,000 12,479,000
Buildings 77,316,000 64,010,000
Intangible assets 1,564,000 417,000
Acquisition costs 108,241,000 76,906,000
Results of operations from acquired properties [Abstract]    
Total revenue 6,497,000 4,213,000
Net income (66,000) 950,000
Dispositions [Abstract]    
Sales price 26,273,000 3,237,000
Book value and sales cost 19,388,000 2,888,000
Gain/(Loss) 6,885,000 349,000
Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Land 6,854,000 4,265,000
Buildings 77,316,000 33,320,000
Intangible assets 1,564,000 0
Acquisition costs 85,734,000 37,585,000
Dispositions [Abstract]    
Sales price 8,850,000  
Book value and sales cost 5,272,000  
Gain/(Loss) 3,578,000  
Commercial-Healthcare [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Land   3,198,000
Buildings   30,690,000
Intangible assets   417,000
Acquisition costs   34,305,000
Unimproved Land [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Land 22,507,000 5,016,000
Buildings 0 0
Intangible assets 0 0
Acquisition costs 22,507,000 5,016,000
Other Disposition [Member]
   
Dispositions [Abstract]    
Sales price 698,000  
Book value and sales cost 757,000  
Gain/(Loss) (59,000)  
Arcata - Golden Valley, MN [Member] | Unimproved Land [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Apr. 30, 2013  
Land 2,088,000  
Buildings 0  
Intangible assets 0  
Acquisition costs 2,088,000  
Ashland Grand Forks ND [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Mar. 16, 2012
Land   741,000
Buildings   7,569,000
Intangible assets   0
Acquisition costs   8,310,000
Number of apartment units   84
Badger Hills Rochester, MN [Member] | Unimproved Land [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Dec. 14, 2012 [1]  
Land 1,050,000 [1]  
Buildings 0 [1]  
Intangible assets 0 [1]  
Acquisition costs 1,050,000 [1]  
Bismarck 4916 - Bismarck, ND [Member] | Unimproved Land [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Apr. 12, 2013  
Land 3,250,000  
Buildings 0  
Intangible assets 0  
Acquisition costs 3,250,000  
Candlelight - Fargo, ND [Member] | Multi-Family Residential [Member]
   
Dispositions [Abstract]    
Number of apartment units 66  
Date Disposal Nov. 27, 2012  
Sales price 1,950,000  
Book value and sales cost 1,178,000  
Gain/(Loss) 772,000  
Colony - Lincoln, NE [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Jun. 04, 2012  
Land 1,515,000  
Buildings 15,731,000  
Intangible assets 254,000  
Acquisition costs 17,500,000  
Number of apartment units 232  
Commons at Southgate - Minot, ND [Member] | Unimproved Land [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Jan. 22, 2013 [2]  
Land 3,691,000 [2]  
Buildings 0 [2]  
Intangible assets 0 [2]  
Acquisition costs 3,691,000 [2]  
Cottage West Twin Homes - Sioux Falls, SD [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Oct. 12, 2011
Land   968,000
Buildings   3,762,000
Intangible assets   0
Acquisition costs   4,730,000
Number of apartment units   50
Cypress Court - St. Cloud, MN [Member] | Unimproved Land [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Aug. 10, 2012  
Land 447,000  
Buildings 0  
Intangible assets 0  
Acquisition costs 447,000  
Cypress Court Apartment Development St. Cloud, MN [Member] | Unimproved Land [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Aug. 10, 2012 [3]  
Land 1,136,000 [3]  
Buildings 0 [3]  
Intangible assets 0 [3]  
Acquisition costs 1,136,000 [3]  
East Grand Station East Grand Forks, MN [Member] | Commercial Retail [Member]
   
Dispositions [Abstract]    
Area of a real estate property (in square feet)   12,556
Date Disposal   Mar. 03, 2012
Sales price   1,062,000
Book value and sales cost   1,302,000
Gain/(Loss)   (240,000)
Edina 6525 Drew Ave S Edina, MN [Member] | Commercial-Healthcare [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Oct. 13, 2011
Land   388,000
Buildings   117,000
Intangible assets   0
Acquisition costs   505,000
Area of a real estate property (in square feet)   3,431
Evergreen II - Isanti, MN [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Nov. 01, 2011
Land   691,000
Buildings   2,784,000
Intangible assets   0
Acquisition costs   3,475,000
Number of apartment units   36
Gables Townhomes - Sioux Falls, SD [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Oct. 12, 2011
Land   349,000
Buildings   1,921,000
Intangible assets   0
Acquisition costs   2,270,000
Number of apartment units   24
Georgetown Square Condominiums 5 and 6 [Member] | Other Disposition [Member]
   
Dispositions [Abstract]    
Date Disposal Jun. 21, 2012  
Sales price 330,000  
Book value and sales cost 336,000  
Gain/(Loss) (6,000)  
Georgetown Square Condominiums 3 and 4 [Member] | Other Disposition [Member]
   
Dispositions [Abstract]    
Date Disposal Aug. 02, 2012  
Sales price 368,000  
Book value and sales cost 421,000  
Gain/(Loss) (53,000)  
Grand Forks Grand Forks, ND [Member] | Unimproved Land [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Dec. 31, 2012  
Land 4,278,000  
Buildings 0  
Intangible assets 0  
Acquisition costs 4,278,000  
Grand Forks 2150 Grand Forks, ND [Member] | Unimproved Land [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Mar. 25, 2013  
Land 1,600,000  
Buildings 0  
Intangible assets 0  
Acquisition costs 1,600,000  
Grand Gateway St Cloud MN [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Feb. 16, 2012
Land   814,000
Buildings   7,086,000
Intangible assets   0
Acquisition costs   7,900,000
Number of apartment units   116
Industrial-Office Build-to-Suit - Minot, ND [Member] | Unimproved Land [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Sep. 07, 2011
Land   416,000
Buildings   0
Intangible assets   0
Acquisition costs   416,000
Kentwood Thomasville Kentwood, MI [Member] | Commercial Retail [Member]
   
Dispositions [Abstract]    
Area of a real estate property (in square feet) 16,080  
Date Disposal Jun. 20, 2012  
Sales price 625,000  
Book value and sales cost 692,000  
Gain/(Loss) (67,000)  
Lakeside Village - Lincoln, NE [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Jun. 04, 2012  
Land 1,215,000  
Buildings 15,837,000  
Intangible assets 198,000  
Acquisition costs 17,250,000  
Number of apartment units 208  
Landing at Southgate - Minot, ND [Member] | Unimproved Land [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Jan. 22, 2013 [2]  
Land 2,262,000 [2]  
Buildings 0 [2]  
Intangible assets 0 [2]  
Acquisition costs 2,262,000 [2]  
Livingstone Pamida Livingston, MT [Member] | Commercial Retail [Member]
   
Dispositions [Abstract]    
Area of a real estate property (in square feet)   41,200
Date Disposal   Aug. 01, 2011
Sales price   2,175,000
Book value and sales cost   1,586,000
Gain/(Loss)   589,000
Meadow Wind Land Casper, WY [Member] | Commercial-Healthcare [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Sep. 01, 2011
Land   50,000
Buildings   0
Intangible assets   0
Acquisition costs   50,000
Minot (Southgate Lot 4) - Minot, ND [Member] | Unimproved Land [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Jan. 11, 2013  
Land 1,882,000  
Buildings 0  
Intangible assets 0  
Acquisition costs 1,882,000  
Prairiewood Meadows - Fargo, ND [Member] | Multi-Family Residential [Member]
   
Dispositions [Abstract]    
Number of apartment units 85  
Date Disposal Sep. 27, 2012  
Sales price 3,450,000  
Book value and sales cost 2,846,000  
Gain/(Loss) 604,000  
Ponds at Heritage Place - Sartell, MN [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Oct. 10, 2012  
Land 395,000  
Buildings 4,564,000  
Intangible assets 61,000  
Acquisition costs 5,020,000  
Number of apartment units 58  
Regency Park Estates - St. Cloud, MN [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Aug. 01, 2011
Land   702,000
Buildings   10,198,000
Intangible assets   0
Acquisition costs   10,900,000
Number of apartment units   147
Renaissance Heights Williston ND [Member] | Unimproved Land [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Apr. 11, 2012
Land   4,600,000
Buildings   0
Intangible assets   0
Acquisition costs   4,600,000
Spring Creek American Falls - American Falls, ID [Member] | Commercial-Healthcare [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Sep. 01, 2011
Land   145,000
Buildings   3,870,000
Intangible assets   55,000
Acquisition costs   4,070,000
Area of a real estate property (in square feet)   17,273
Spring Creek Soda Springs - Soda Springs, ID [Member] | Commercial-Healthcare [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Sep. 01, 2011
Land   66,000
Buildings   2,134,000
Intangible assets   30,000
Acquisition costs   2,230,000
Area of a real estate property (in square feet)   15,571
Spring Creek Eagle - Eagle, ID [Member] | Commercial-Healthcare [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Sep. 01, 2011
Land   263,000
Buildings   3,775,000
Intangible assets   62,000
Acquisition costs   4,100,000
Area of a real estate property (in square feet)   15,559
Spring Creek Meridian - Meridian, ID [Member] | Commercial-Healthcare [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Sep. 01, 2011
Land   424,000
Buildings   6,724,000
Intangible assets   102,000
Acquisition costs   7,250,000
Area of a real estate property (in square feet)   31,820
Spring Creek Overland Boise, ID [Member] | Commercial-Healthcare [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Sep. 01, 2011
Land   687,000
Buildings   5,941,000
Intangible assets   97,000
Acquisition costs   6,725,000
Area of a real estate property (in square feet)   26,605
Spring Creek-Boise - Boise, ID [Member] | Commercial-Healthcare [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Sep. 01, 2011
Land   708,000
Buildings   4,296,000
Intangible assets   71,000
Acquisition costs   5,075,000
Area of a real estate property (in square feet)   16,311
Spring Creek Ustick - Meridian, ID [Member] | Commercial-Healthcare [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Sep. 01, 2011
Land   467,000
Buildings   3,833,000
Intangible assets   0
Acquisition costs   4,300,000
Area of a real estate property (in square feet)   26,605
Stevens Point Stevens Point WI [Member] | Commercial-Healthcare [Member]
   
Dispositions [Abstract]    
Area of a real estate property (in square feet) 47,950  
Date Disposal Apr. 25, 2013  
Sales price 16,100,000  
Book value and sales cost 12,667,000  
Gain/(Loss) 3,433,000  
Terrace on the Green Fargo, ND [Member] | Multi-Family Residential [Member]
   
Dispositions [Abstract]    
Number of apartment units 116  
Date Disposal Sep. 27, 2012  
Sales price 3,450,000  
Book value and sales cost 1,248,000  
Gain/(Loss) 2,202,000  
University Commons Williston, ND [Member] | Unimproved Land [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Aug. 01, 2012  
Land 823,000  
Buildings 0  
Intangible assets 0  
Acquisition costs 823,000  
Villa West - Topeka, KS [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition May 08, 2012  
Land 1,590,000  
Buildings 15,760,000  
Intangible assets 300,000  
Acquisition costs 17,650,000  
Number of apartment units 308  
Whispering Ridge - Omaha, NE [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Apr. 24, 2013  
Land 2,139,000  
Buildings 25,424,000  
Intangible assets 751,000  
Acquisition costs 28,314,000  
Number of apartment units 336  
Development Projects Placed in Service [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Land 0 700,000
Buildings 27,529,000 19,494,000
Acquisition costs 27,529,000 20,194,000
Area of a real estate property (in square feet) 3,702 [4]  
Development Projects Placed in Service [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Land 0  
Buildings 14,005,000  
Acquisition costs 14,005,000  
Development Projects Placed in Service [Member] | Commercial-Healthcare [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Land 0 0
Buildings 8,272,000 9,637,000
Acquisition costs 8,272,000 9,637,000
Development Projects Placed in Service [Member] | Arrowhead First International Bank - Minot ND [Member] | Commercial Retail [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Mar. 19, 2013 [4]  
Land 0 [4]  
Buildings 1,165,000 [4]  
Acquisition costs 1,165,000 [4]  
Development Projects Placed in Service [Member] | Quarry Ridge II - Rochester, MN [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Jun. 29, 2012 [5]  
Land 0 [5]  
Buildings 4,591,000 [5]  
Acquisition costs 4,591,000 [5]  
Number of apartment units 159 [5]  
Development Projects Placed in Service [Member] | First Avenue - Minot ND [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Apr. 15, 2013 [6]  
Land 0 [6]  
Buildings 2,356,000 [6]  
Acquisition costs 2,356,000 [6]  
Number of apartment units 20 [6]  
Development Projects Placed in Service [Member] | Jamestown Buffalo Mall - Jamestown, ND [Member] | Commercial Retail [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Jun. 15, 2011
Land   0
Buildings   879,000
Acquisition costs   879,000
Area of a real estate property (in square feet)   19,037 [7]
Development Projects Placed in Service [Member] | Jamestown Medical Office Building - Jamestown, ND [Member] | Commercial-Healthcare [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Jan. 01, 2013 [8]  
Land 0 [8]  
Buildings 6,597,000 [8]  
Acquisition costs 6,597,000 [8]  
Area of a real estate property (in square feet) 45,222 [8]  
Development Projects Placed in Service [Member] | Meadow Winds Addition Casper, WY [Member] | Commercial-Healthcare [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Dec. 30, 2011 [9]
Land   0 [9]
Buildings   3,952,000 [9]
Acquisition costs   3,952,000 [9]
Area of a real estate property (in square feet)   22,193 [9]
Development Projects Placed in Service [Member] | Minot IPS - Minot, ND [Member] | Commercial Industrial [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Dec. 17, 2012 [10]  
Land 0 [10]  
Buildings 4,087,000 [10]  
Acquisition costs 4,087,000 [10]  
Area of a real estate property (in square feet) 27,698 [10]  
Development Projects Placed in Service [Member] | Spring Wind Expansion Laramie, WY [Member] | Commercial-Healthcare [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Nov. 16, 2012 [11]  
Land 0 [11]  
Buildings 1,675,000 [11]  
Acquisition costs 1,675,000 [11]  
Area of a real estate property (in square feet) 26,662 [11]  
Development Projects Placed in Service [Member] | Trinity at Plaza 16 - Minot, ND [Member] | Commercial-Healthcare [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Sep. 23, 2011 [12]
Land   0 [12]
Buildings   5,685,000 [12]
Acquisition costs   5,685,000 [12]
Area of a real estate property (in square feet)   24,795
Development Projects Placed in Service [Member] | Williston Garden Buildings 1 and 2 - Williston, ND [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Apr. 27, 2012 [13]
Land   700,000 [13]
Buildings   8,978,000 [13]
Acquisition costs   9,678,000 [13]
Number of apartment units   72 [13]
Development Projects Placed in Service [Member] | Williston Garden Buildings 3 and 4 Williston, ND [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition Jul. 31, 2012 [14]  
Land 0 [14]  
Buildings 7,058,000 [14]  
Acquisition costs $ 7,058,000 [14]  
Number of apartment units 73 [14]  
[1] Acquisition of unimproved land consisted of two parcels acquired separately on December 14 and December 20, 2012, respectively.
[2] Land is owned by a joint venture entity in which the Company has an approximately 51% interest. The joint venture is consolidated in IRET’s financial statements.
[3] Land is owned by a joint venture in which the Company has an approximately 79% interest. The joint venture is consolidated in IRET’s financial statements.
[4] Development property placed in service March 19, 2013. Additional costs paid in fiscal year 2012 totaled approximately $75,000, for a total project cost at April 30, 2013 of $1.2 million
[5] Development property placed in service June 29, 2012. Additional costs paid in fiscal years 2012 and 2011, and land acquired in fiscal year 2007, totaled $13.0 million, for a total project cost at April 30, 2013 of $17.6 million.
[6] Redevelopment property placed in service April 15, 2013. Additional costs paid in fiscal years 2012 and 2011 totaled approximately $321,000, for a total project cost at April 30, 2013 of $2.7 million.
[7] Construction project placed in service June 15, 2011. Additional costs paid in fiscal year 2011 totaled $1.4 million, for a total project cost at April 30, 2012 of $2.3 million.
[8] Development property placed in service January 1, 2013. Additional costs paid in fiscal year 2012 totaled $1.0 million, for a total project cost at April 30, 2013 of $7.6 million.
[9] Expansion project placed in service December 30, 2011.
[10] Development property placed in service December 17, 2012. Additional costs paid in fiscal year 2012 totaled $1.8 million, for a total project cost at April 30, 2013 of $5.9 million.
[11] Expansion project placed in service November 16, 2012. Additional costs paid in fiscal year 2012 totaled $1.8 million, for a total project cost at April 30, 2013 of $3.5 million.
[12] Development property placed in service September 23, 2011. Additional costs paid in fiscal year 2011 totaled $3.3 million, for a total project cost at April 30, 2012 of $9.0 million.
[13] Development property placed in service April 27, 2012. Buildings 3 and 4 of this project are expected to be placed in service during the first quarter of fiscal year 2013.
[14] Development property placed in service July 31, 2012. Buildings 1 and 2 were placed in service in fiscal year 2012. Additional costs paid in fiscal year 2012 totaled $12.0 million, for a total project cost at April 30, 2013 of $19.1 million.