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COMMITMENTS AND CONTINGENCIES (Details) (USD $)
3 Months Ended 9 Months Ended
Jan. 31, 2014
sqft
Jan. 31, 2013
Jan. 31, 2014
Units
sqft
Jan. 31, 2013
Real Estate Properties [Line Items]        
Number of properties subject to purchase options 14   14  
Total property cost subject to purchase options $ 113,400,000   $ 113,400,000  
Total gross rental revenue from properties subject to purchase options     7,200,000  
Number of properties subject to restrictions on taxable dispositions 110   110  
Area of a real estate property (in square feet) 5,500,000   5,500,000  
Number of apartment units placed in service     5,068  
Real estate investment amount of properties (net of accumulated depreciation) 854,400,000   854,400,000  
Redemption basis one-for-one   one-for-one  
Redemption holding period, minimum     1 year  
Number of consecutive trading days for valuation     10 days  
Aggregate redemption value of UPREIT Units of operating partnership owned by limited partners 186,900,000 198,900,000 186,900,000 198,900,000
Joint ventures partner's interest acquired 0   0  
Tenant Improvements 7,300,000   7,300,000  
Commitment period for tenant improvements     12 months  
Anticipated Total Cost 267,850,000   267,850,000  
Project costs incurred to date 127,276,000   127,276,000  
Construction interest capitalized 778,000 157,000 2,100,000 438,000
Bismarck, North Dakota [Member]
       
Real Estate Properties [Line Items]        
Acre of land purchased (in acres) 35.0   35.0  
Purchase price of pending acquisition 4,300,000   4,300,000  
Brooklyn Park 7401 Boone Avenue, Brooklyn Park, Minnesota [Member]
       
Real Estate Properties [Line Items]        
Acre of land purchased (in acres) 11.0   11.0  
Purchase price of pending acquisition 2,500,000   2,500,000  
Cardinal Point, Grand Forks, North Dakota [Member]
       
Real Estate Properties [Line Items]        
Number of apartment units 251   251  
Anticipated Total Cost 40,042,000   40,042,000  
Project costs incurred to date 4,986,000   4,986,000  
Estimated quarter for completion 4   4  
Estimated year for completion 2015   2015  
Cypress Court - St. Cloud, MN [Member]
       
Real Estate Properties [Line Items]        
Number of apartment units 132 [1]   132 [1]  
Anticipated Total Cost 14,322,000 [1]   14,322,000 [1]  
Project costs incurred to date 13,583,000 [1]   13,583,000 [1]  
Estimated quarter for completion 3 [1]   3 [1]  
Estimated year for completion 2014 [1]   2014 [1]  
Interest in joint venture held by joint venture partner (in hundredths) 86.00% [1]   86.00% [1]  
Arcata Apartments, Golden Valley, Minnesota [Member]
       
Real Estate Properties [Line Items]        
Number of apartment units 165   165  
Anticipated Total Cost 33,151,000   33,151,000  
Project costs incurred to date 9,250,000   9,250,000  
Estimated quarter for completion 2   2  
Estimated year for completion 2015   2015  
Chateau II, Minot, North Dakota [Member]
       
Real Estate Properties [Line Items]        
Number of apartment units 72 [2]   72 [2]  
Anticipated Total Cost 14,711,000 [2]   14,711,000 [2]  
Project costs incurred to date 1,741,000 [2]   1,741,000 [2]  
Estimated quarter for completion 4 [2]   4 [2]  
Estimated year for completion 2015 [2]   2015 [2]  
Dakota Commons, Williston, North Dakota [Member]
       
Real Estate Properties [Line Items]        
Number of apartment units 44   44  
Anticipated Total Cost 10,736,000   10,736,000  
Project costs incurred to date 6,139,000   6,139,000  
Estimated quarter for completion 1   1  
Estimated year for completion 2015   2015  
Rapid City, South Dakota [Member]
       
Real Estate Properties [Line Items]        
Number of buildings     2  
Purchase price of pending acquisition 18,300,000   18,300,000  
Cash paid for acquisition 6,000,000   6,000,000  
Debt assumed in acquisition 12,300,000   12,300,000  
Rapid City, South Dakota [Member] | Building One [Member]
       
Real Estate Properties [Line Items]        
Number of apartment units 152   152  
Rapid City, South Dakota [Member] | Building Two [Member]
       
Real Estate Properties [Line Items]        
Number of apartment units 52   52  
River Ridge - Bismarck, ND [Member]
       
Real Estate Properties [Line Items]        
Number of apartment units 146 [3]   146 [3]  
Anticipated Total Cost 25,863,000 [3]   25,863,000 [3]  
Project costs incurred to date 24,818,000 [3]   24,818,000 [3]  
Estimated quarter for completion 3 [3]   3 [3]  
Estimated year for completion 2014 [3]   2014 [3]  
RED 20 - Minneapolis, MN [Member]
       
Real Estate Properties [Line Items]        
Area of property (square feet) 10,625 [4]   10,625 [4]  
Number of apartment units 130 [4]   130 [4]  
Anticipated Total Cost 29,462,000 [4]   29,462,000 [4]  
Project costs incurred to date 9,333,000 [4]   9,333,000 [4]  
Estimated quarter for completion 2 [4]   2 [4]  
Estimated year for completion 2015 [4]   2015 [4]  
Interest in joint venture held by joint venture partner (in hundredths) 58.60% [4]   58.60% [4]  
Renaissance Heights I Apartments, Williston, North Dakota [Member]
       
Real Estate Properties [Line Items]        
Number of apartment units 288 [5]   288 [5]  
Anticipated Total Cost 62,362,000 [5]   62,362,000 [5]  
Project costs incurred to date 33,934,000 [5]   33,934,000 [5]  
Estimated quarter for completion 2 [5]   2 [5]  
Estimated year for completion 2015 [5]   2015 [5]  
Interest in joint venture held by joint venture partner (in hundredths) 70.00% [5]   70.00% [5]  
The Commons at Southgate, Minot, North Dakota [Member]
       
Real Estate Properties [Line Items]        
Number of apartment units 233 [6]   233 [6]  
Anticipated Total Cost 37,201,000 [6]   37,201,000 [6]  
Project costs incurred to date 23,492,000 [6]   23,492,000 [6]  
Estimated quarter for completion 2 [6]   2 [6]  
Estimated year for completion 2015 [6]   2015 [6]  
Interest in joint venture held by joint venture partner (in hundredths) 51.00% [6]   51.00% [6]  
vacant land in Rapid City, South Dakota [Member]
       
Real Estate Properties [Line Items]        
Area of land (in acres) 10.8   10.8  
Number of land     2  
Purchase price of pending acquisition $ 1,400,000   $ 1,400,000  
[1] The project was substantially completed in the third quarter of the Company’s fiscal year 2014. The Company is an approximately 86% partner in the joint venture entity constructing this project; the anticipated total cost amount given is the total cost to the joint venture entity. The joint venture’s results are consolidated in the Company’s financial statements.
[2] On December 5, 2013, this development project was destroyed by fire. See Note 2 for additional information.
[3] The project was substantially completed in the third quarter of the Company’s fiscal year 2014.
[4] The Company is an approximately 58.6% partner in the joint venture entity constructing this project; the anticipated total cost amount given is the total cost to the joint venture entity. The joint venture’s results are consolidated in the Company’s financial statements.
[5] The Company is an approximately 70% partner in the joint venture entity constructing this project; the anticipated total cost amount given is the total cost to the joint venture entity. The joint venture’s results are consolidated in the Company’s financial statements.
[6] The Company is an approximately 51% partner in the joint venture entity constructing this project; the anticipated total cost amount given is the total cost to the joint venture entity. The joint venture’s results are consolidated in the Company’s financial statements.