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MORTGAGES PAYABLE AND CONSTRUCTION DEBT (Tables)
12 Months Ended
Apr. 30, 2015
MORTGAGES PAYABLE AND CONSTRUCTION DEBT [Abstract]  
Aggregate Amount of Required Future Principal Payments on Mortgages Payable
The aggregate amount of required future principal payments on mortgages payable as of April 30, 2015, is as follows:
 
Year Ended April 30,
 
(in thousands)
 
2016
 
$
121,931
 
2017
  
202,612
 
2018
  
88,071
 
2019
  
130,875
 
2020
  
79,298
 
Thereafter
  
352,041
 
Total payments
 
$
974,828