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DISCONTINUED OPERATIONS (Details) (USD $)
3 Months Ended
Jul. 31, 2013
Jul. 31, 2012
DISCONTINUED OPERATIONS [Abstract]    
Number Of Condominium Units Sold   2
Number of retail properties sold 1  
Number of industrial sold 4  
Number of industrial held for sale 2  
REVENUE    
Real estate rentals $ 55,039,000 $ 50,458,000
Tenant reimbursement 12,143,000 10,517,000
TOTAL REVENUE 67,182,000 60,975,000
EXPENSES    
Depreciation/amortization related to real estate investments 18,528,000 15,063,000
Utilities 5,051,000 4,194,000
Maintenance 7,912,000 7,312,000
Real estate taxes 8,862,000 8,242,000
Insurance 1,347,000 901,000
Property management expenses 4,242,000 3,701,000
Other expenses 679,000 519,000
Amortization related to non-real estate investments 990,000 822,000
Impairment of real estate investments 1,803,000 0
TOTAL EXPENSES 51,999,000 43,185,000
Interest expense (14,799,000) (16,069,000)
Gain (loss) on sale of discontinued operations 1,943,000 (73,000)
INCOME FROM DISCONTINUED OPERATIONS 1,656,000 133,000
Discontinued Operations [Member]
   
REVENUE    
Real estate rentals 216,000 1,306,000
Tenant reimbursement 51,000 139,000
TOTAL REVENUE 267,000 1,445,000
EXPENSES    
Depreciation/amortization related to real estate investments 65,000 390,000
Utilities 0 37,000
Maintenance 2,000 113,000
Real estate taxes 41,000 148,000
Insurance 3,000 21,000
Property management expenses 11,000 65,000
Other expenses 0 6,000
Amortization related to non-real estate investments 3,000 11,000
Impairment of real estate investments 345,000 0
TOTAL EXPENSES 470,000 791,000
Operating (loss) income (203,000) 654,000
Interest expense (84,000) (448,000)
(Loss) income from discontinued operations before gain (loss) on sale (287,000) 206,000
Gain (loss) on sale of discontinued operations 1,943,000 (73,000)
INCOME FROM DISCONTINUED OPERATIONS $ 1,656,000 $ 133,000