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OPERATING SEGMENTS (Details) (USD $)
3 Months Ended 12 Months Ended
Apr. 30, 2013
Jan. 31, 2013
Oct. 31, 2012
Jul. 31, 2012
Apr. 30, 2012
Jan. 31, 2012
Oct. 31, 2011
Jul. 31, 2011
Apr. 30, 2013
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2010
Segment revenues and net operating income [Abstract]                        
Real estate revenue $ 67,011,000 $ 65,976,000 $ 64,689,000 $ 61,730,000 $ 59,932,000 $ 60,291,000 $ 59,946,000 $ 58,909,000 $ 259,406,000 $ 239,078,000 $ 234,176,000  
Real estate expenses                 103,132,000 97,388,000 100,881,000  
Gain on involuntary conversion                 5,084,000 274,000 0  
Net operating income                 161,358,000 141,964,000 133,295,000  
Depreciation/amortization                 (65,270,000) (59,642,000) (57,759,000)  
Administrative, advisory and trustee services                 (8,494,000) (7,381,000) (7,222,000)  
Other expenses                 (2,173,000) (1,898,000) (1,747,000)  
Impairment of Real Estate                 (305,000) (428,000) 0  
Interest expense                 (62,900,000) (64,066,000) (62,735,000)  
Interest and other income                 748,000 786,000 541,000  
Income from continuing operations                 22,964,000 9,763,000 4,373,000  
(Loss) Income from discontinued operations                 7,008,000 (57,000) 19,978,000  
Net Income                 29,972,000 9,706,000 24,351,000  
Segment Assets [Abstract]                        
Property owned 2,032,970,000       1,892,009,000       2,032,970,000 1,892,009,000    
Less accumulated depreciation (420,421,000)       (373,490,000)       (420,421,000) (373,490,000)    
Total property owned 1,612,549,000       1,518,519,000       1,612,549,000 1,518,519,000    
Real Estate Held-for-sale 0       2,067,000       0 2,067,000    
Cash and cash equivalents 94,133,000       39,989,000       94,133,000 39,989,000 41,191,000 54,791,000
Other investments 639,000       634,000       639,000 634,000    
Receivables and other assets 113,948,000       114,569,000       113,948,000 114,569,000    
Development in progress 46,782,000       27,599,000       46,782,000 27,599,000    
Unimproved land 21,503,000       10,990,000       21,503,000 10,990,000    
Total Assets 1,889,554,000       1,714,367,000       1,889,554,000 1,714,367,000    
Multi-Family Residential [Member]
                       
Segment revenues and net operating income [Abstract]                        
Real estate revenue                 90,759,000 72,500,000 65,229,000  
Real estate expenses                 38,716,000 33,905,000 33,216,000  
Gain on involuntary conversion                 3,852,000 0    
Net operating income                 55,895,000 38,595,000 32,013,000  
Segment Assets [Abstract]                        
Property owned 659,696,000       539,783,000       659,696,000 539,783,000    
Less accumulated depreciation (140,354,000)       (128,834,000)       (140,354,000) (128,834,000)    
Total property owned 519,342,000       410,949,000       519,342,000 410,949,000    
Commercial-Office [Member]
                       
Segment revenues and net operating income [Abstract]                        
Real estate revenue                 77,162,000 74,334,000 77,747,000  
Real estate expenses                 37,946,000 34,816,000 36,055,000  
Gain on involuntary conversion                 0 0    
Net operating income                 39,216,000 39,518,000 41,692,000  
Segment Assets [Abstract]                        
Property owned 613,775,000       605,318,000       613,775,000 605,318,000    
Less accumulated depreciation (138,270,000)       (121,422,000)       (138,270,000) (121,422,000)    
Total property owned 475,505,000       483,896,000       475,505,000 483,896,000    
Commercial-Healthcare [Member]
                       
Segment revenues and net operating income [Abstract]                        
Real estate revenue                 61,975,000 64,511,000 64,879,000  
Real estate expenses                 16,779,000 20,650,000 22,443,000  
Gain on involuntary conversion                 0 0    
Net operating income                 45,196,000 43,861,000 42,436,000  
Segment Assets [Abstract]                        
Property owned 501,191,000       500,268,000       501,191,000 500,268,000    
Less accumulated depreciation (90,891,000)       (78,744,000)       (90,891,000) (78,744,000)    
Total property owned 410,300,000       421,524,000       410,300,000 421,524,000    
Commercial-Industrial [Member]
                       
Segment revenues and net operating income [Abstract]                        
Real estate revenue                 14,911,000 14,325,000 13,165,000  
Real estate expenses                 4,255,000 3,549,000 4,328,000  
Gain on involuntary conversion                 0 0    
Net operating income                 10,656,000 10,776,000 8,837,000  
Segment Assets [Abstract]                        
Property owned 125,772,000       119,002,000       125,772,000 119,002,000    
Less accumulated depreciation (23,688,000)       (20,693,000)       (23,688,000) (20,693,000)    
Total property owned 102,084,000       98,309,000       102,084,000 98,309,000    
Commercial-Retail [Member]
                       
Segment revenues and net operating income [Abstract]                        
Real estate revenue                 14,599,000 13,408,000 13,156,000  
Real estate expenses                 5,436,000 4,468,000 4,839,000  
Gain on involuntary conversion                 1,232,000 274,000    
Net operating income                 10,395,000 9,214,000 8,317,000  
Segment Assets [Abstract]                        
Property owned 132,536,000       127,638,000       132,536,000 127,638,000    
Less accumulated depreciation (27,218,000)       (23,797,000)       (27,218,000) (23,797,000)    
Total property owned $ 105,318,000       $ 103,841,000       $ 105,318,000 $ 103,841,000