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EARNINGS PER SHARE (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
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
NUMERATOR [Abstract]                      
Income from continuing operations - Investors Real Estate Trust                 $ 19,790 $ 8,263 $ 4,101
Income (loss) from discontinued operations - Investors Real Estate Trust                 5,740 (51) 15,981
Net income attributable to Investors Real Estate Trust 10,015 5,324 8,512 1,679 3,379 2,127 1,285 1,421 25,530 8,212 20,082
Dividends to preferred shareholders                 (9,229) (2,372) (2,372)
Numerator for basic earnings per share - net income available to common shareholders 7,136 2,445 5,634 1,086 2,786 1,534 692 828 16,301 5,840 17,710
Noncontrolling interests - Operating Partnership                 3,633 1,359 4,449
Numerator for diluted earnings per share                 $ 19,934 $ 7,199 $ 22,159
DENOMINATOR [Abstract]                      
Denominator for basic earnings per share weighted average shares (in shares)                 93,344 83,557 78,628
Effect of convertible operating partnership units (in shares)                 21,191 19,875 20,154
Denominator for diluted earnings per share (in shares)                 114,535 103,432 98,782
Earnings per common share from continuing operations - Investors Real Estate Trust - basic and diluted (in dollars per share)                 $ 0.11 $ 0.07 $ 0.02
Earnings (loss) per common share from discontinued operations - Investors Real Estate Trust - basic and diluted (in dollars per share)                 $ 0.06 $ 0.00 $ 0.20
NET INCOME PER COMMON SHARE - BASIC AND DILUTED (in dollars per share) $ 0.07 $ 0.03 $ 0.06 $ 0.01 $ 0.03 $ 0.02 $ 0.01 $ 0.01 $ 0.17 $ 0.07 $ 0.22