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COMMON AND PREFERRED SHARES OF BENEFICIAL INTEREST AND EQUITY (Details) (USD $)
12 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended
Apr. 30, 2013
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2013
Common Stock [Member]
Apr. 30, 2013
Preferred Class A [Member]
Oct. 31, 2012
Preferred Class B [Member]
Apr. 30, 2013
Preferred Class B [Member]
Apr. 30, 2013
Distribution Reinvestment and Share Purchase Plan [Member]
Apr. 30, 2012
Distribution Reinvestment and Share Purchase Plan [Member]
Apr. 30, 2013
Distribution Reinvestment and Share Purchase Plan [Member]
Voluntary cash contributions [Member]
Apr. 30, 2012
Distribution Reinvestment and Share Purchase Plan [Member]
Voluntary cash contributions [Member]
Apr. 30, 2013
Distribution Reinvestment and Share Purchase Plan [Member]
Reinvested distributions [Member]
Apr. 30, 2012
Distribution Reinvestment and Share Purchase Plan [Member]
Reinvested distributions [Member]
Distribution Reinvestment and Share Purchase Plan [Abstract]                          
Shares issued, shares (in shares)       6,000,000       5,300,000 43,100,000 3,800,000 3,300,000 1,500,000 1,500,000
Shares issued $ 55,846,000 $ 24,870,000 $ 16,676,000         $ 4,800,000 $ 34,300,000 $ 30,700,000 $ 23,500,000 $ 12,400,000 $ 10,800,000
Discount rate on shares (in hundredths) 3.00%                        
Conversion of Units to Common Shares. [Abstract]                          
Units converted to common stock (in shares) 317,000 759,000                      
Units converted to common stock 1,600,000 3,500,000                      
Issuance of Common Shares [Abstract]                          
Shares issued (in shares)       6,000,000       5,300,000 43,100,000 3,800,000 3,300,000 1,500,000 1,500,000
Offering price (in dollars per share)       $ 9.25                  
Proceeds from issuance of common shares 55,448,000 24,427,000 16,423,000 53,000,000                  
Series A Cumulative Redeemable Preferred Shares of Beneficial Interest [Abstract]                          
Preferred shares issued (in shares)         1,150,000   4,600,000            
Sale of Stock, Price Per Share         $ 25   $ 25.00            
Proceeds from issuance of cumulative redeemable preferred shares         27,300,000   111,200,000            
Preferred shares liquidation (in dollars per share)         $ 2.0625   $ 1.9875            
Distribution rate percentage (in hundredths)         8.25%   7.95%            
Preferred shares liquidation per annum (in dollars per share)         $ 25   $ 25            
Debt repaid with proceeds from stock issuance           34,500,000              
Original outstanding borrowing under line of credit             44,500,000            
Line of Credit Facility, Amount Outstanding             10,000,000            
Unused capacity, line of credit             $ 35,000,000