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EARNINGS PER SHARE (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Jul. 31, 2013
Jul. 31, 2012
NUMERATOR [Abstract]    
Income from continuing operations - Investors Real Estate Trust $ 1,718 $ 1,571
Income from discontinued operations - Investors Real Estate Trust 1,360 108
Net income attributable to Investors Real Estate Trust 3,078 1,679
Dividends to preferred shareholders (2,879) (593)
Numerator for basic earnings per share - net income available to common shareholders 199 1,086
Noncontrolling interests - Operating Partnership 50 251
Numerator for diluted earnings per share $ 249 $ 1,337
DENOMINATOR [Abstract]    
Denominator for basic earnings per share weighted average shares 102,358 90,518
Effect of convertible operating partnership units 21,821 20,774
Denominator for diluted earnings per share 124,179 111,292
(Loss) earnings per common share from continuing operations - Investors Real Estate Trust - basic and diluted $ (0.01) $ 0.01
Earnings per common share from discontinued operations - Investors Real Estate Trust - basic and diluted $ 0.01 $ 0.00
NET INCOME PER COMMON SHARE - BASIC AND DILUTED $ 0.00 $ 0.01