NONCONTROLLING INTERESTS (Tables)

12 Months Ended

Apr. 30, 2014

NONCONTROLLING INTERESTS [Abstract]

Schedule of Noncontrolling Interests - Consolidated Real Estate Entities

IRET reflects noncontrolling interests in consolidated real estate entities on the balance sheet for the portion of properties consolidated by IRET that are not wholly owned by IRET. The earnings or losses from these properties attributable to the noncontrolling interests are reflected as net income attributable to noncontrolling interests – consolidated real estate entities in the Consolidated Statements of Operations. The Company's noncontrolling interests – consolidated real estate entities at April 30, 2014 and 2013 were as follows:

	(in thousands)
	April 30, 2014		April 30, 2013
Mendota Properties LLC	$	7,333	$	7,236
IRET-1715 YDR, LLC		0		1,003
IRET-Williston Garden Apartments, LLC		2,804		2,597
IRET - Jamestown Medical Building, LLC		1,219		1,396
WRH Holding, LLC		1,206		1,118
IRET-Cypress Court Apartments, LLC		1,127		1,149
IRET - WRH 1, LLC		5,672		5,619
IRET-RED 20, LLC		3,277		0
Noncontrolling interests – consolidated real estate entities	$	22,638	$	20,118