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LINE OF CREDIT (Details) (USD $)
12 Months Ended
Apr. 30, 2014
Property
Apr. 30, 2013
Line of Credit Facility [Line Items]    
Line of credit, minimum outstanding principal balance $ 12,500,000  
Debt instrument, description of variable rate basis Journal Prime Rate  
Debt instrument, basis spread on variable rate (in hundredths) 1.25%  
Debt instrument, covenant description The line of credit may be prepaid at par at any time. The facility includes covenants and restrictions requiring the Company to achieve on a calendar quarter basis a debt service coverage ratio on borrowing base collateral of 1.25x in the aggregate and 1.00x on individual assets in the collateral pool  
Minimum deposit 6,000,000  
Non-interest bearing account 1,500,000  
Number of properties securing line of credit 14  
Line of credit facility, collateral cost 124,400,000  
Credit Facility [Abstract]    
Amount available 72,000,000  
Amount outstanding $ 22,500,000 $ 10,000,000
Interest rate (in hundredths) 4.75%  
Maturity date Dec. 01, 2016  
Weighted average interest rate (in hundredths) 4.86%  
First International Bank & Trust [Member]
   
Line of Credit Facility [Line Items]    
Number of securing line of credit 1  
Interest Rate Cap [Member]
   
Line of Credit Facility [Line Items]    
Debt instrument, interest rate (in hundredths) 8.65%  
Interest Rate Floor [Member]
   
Line of Credit Facility [Line Items]    
Debt instrument, interest rate (in hundredths) 4.75%