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COMMON AND PREFERRED SHARES OF BENEFICIAL INTEREST AND EQUITY (Details) (USD $)
12 Months Ended 3 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Apr. 30, 2014
Apr. 30, 2013
Apr. 30, 2012
Apr. 30, 2013
Common Stock [Member]
Apr. 30, 2014
Common Stock [Member]
Apr. 30, 2013
Common Stock [Member]
Apr. 30, 2013
Preferred Class A [Member]
Apr. 30, 2014
Preferred Class A [Member]
Apr. 30, 2013
Preferred Class B [Member]
Apr. 30, 2012
Preferred Class B [Member]
Apr. 30, 2014
Preferred Class B [Member]
Apr. 30, 2014
Distribution Reinvestment and Share Purchase Plan [Member]
Apr. 30, 2013
Distribution Reinvestment and Share Purchase Plan [Member]
Apr. 30, 2014
Distribution Reinvestment and Share Purchase Plan [Member]
Voluntary cash contributions [Member]
Apr. 30, 2013
Distribution Reinvestment and Share Purchase Plan [Member]
Voluntary cash contributions [Member]
Apr. 30, 2014
Distribution Reinvestment and Share Purchase Plan [Member]
Reinvested distributions [Member]
Apr. 30, 2013
Distribution Reinvestment and Share Purchase Plan [Member]
Reinvested distributions [Member]
Distribution Reinvestment and Share Purchase Plan [Abstract]                                  
Shares issued (in shares)       6,000,000 0 300,000           6,600,000 5,300,000 4,800,000 3,800,000 1,800,000 1,500,000
Shares issued $ 112,000 [1] $ 55,846,000 [1] $ 24,870,000 [1]                 $ 55,800,000 $ 43,100,000 $ 41,200,000 $ 30,700,000 $ 14,600,000 $ 12,400,000
Discount rate on shares (in hundredths) 3.00%                                
Conversion of Units to Common Shares. [Abstract]                                  
Units converted to common stock (in shares) 903,000 317,000                              
Units converted to common stock 4,400,000 1,600,000                              
Issuance of Common Shares [Abstract]                                  
Offering price (in dollars per share)       9.25   7.24                      
Proceeds from issuance of common shares 0 55,433,000 24,413,000 53,000,000   2,100,000                      
Series A Cumulative Redeemable Preferred Shares of Beneficial Interest [Abstract]                                  
Preferred shares issued (in shares)             1,150,000 1,150,000 4,600,000   4,600,000            
Sale of stock, price per share (in dollars per share)             $ 25.00   $ 25.00                
Proceeds from issuance of cumulative redeemable preferred shares             27,300,000   111,200,000                
Preferred shares liquidation per annum (in dollars per share)             $ 2.0625   $ 1.9875                
Distribution rate percentage (in hundredths)             8.25%   7.95%                
Preferred shares liquidation (in dollars per share)             $ 25.00   $ 25.00                
Preferred shares liquidation preference                 115,000,000                
Debt repaid with proceeds from stock issuance                   34,500,000              
Original outstanding borrowing under line of credit                 44,500,000                
Line of credit facility, amount outstanding 22,500,000 10,000,000             10,000,000                
Unused capacity, line of credit                 35,000,000                
Aggregate offering price         $ 75,000,000                        
[1] (as revised)