MORTGAGES PAYABLE AND LINE OF CREDIT (Tables)

6 Months Ended

Oct. 31, 2015

MORTGAGES PAYABLE AND LINE OF CREDIT [Abstract]

Aggregate Amount of Required Future Principal Payments on Mortgages payable

The aggregate amount of required future principal payments on mortgages payable as of October 31, 2015, excluding $133.4 million in outstanding mortgage indebtedness related to assets held for sale, is as follows:

Fiscal year ended April 30,	(in thousands)
2016 (remainder)	$	58,971
2017		43,389
2018		41,008
2019		116,390
2020		110,690
Thereafter		358,525
Total payments	$	728,973