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EARNINGS PER SHARE (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Jan. 31, 2014
Jan. 31, 2013
Jan. 31, 2014
Jan. 31, 2013
NUMERATOR [Abstract]        
Income from continuing operations - Investors Real Estate Trust $ 3,117 $ 4,050 $ 10,034 $ 11,055
Income from discontinued operations - Investors Real Estate Trust 386 1,274 5,334 4,460
Net income attributable to Investors Real Estate Trust 3,503 5,324 15,368 15,515
Dividends to preferred shareholders (2,879) (2,879) (8,636) (6,350)
Numerator for basic earnings per share - net income available to common shareholders 624 2,445 6,732 9,165
Noncontrolling interests - Operating Partnership 130 556 1,406 2,097
Numerator for diluted earnings per share $ 754 $ 3,001 $ 8,138 $ 11,262
DENOMINATOR [Abstract]        
Denominator for basic earnings per share weighted average shares 106,208 93,794 104,472 92,260
Effect of convertible operating partnership units 21,819 21,413 21,830 21,098
Denominator for diluted earnings per share 128,027 115,207 126,302 113,358
Earnings per common share from continuing operations - Investors Real Estate Trust - basic and diluted $ 0.00 $ 0.01 $ 0.01 $ 0.05
Earnings per common share from discontinued operations - Investors Real Estate Trust - basic and diluted $ 0.00 $ 0.02 $ 0.05 $ 0.05
NET INCOME PER COMMON SHARE - BASIC AND DILUTED $ 0.00 $ 0.03 $ 0.06 $ 0.10