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ACQUISITIONS, DEVELOPMENTS PLACED IN SERVICE AND DISPOSITIONS, DEVELOPMENT PROJECTS PLACED IN SERVICE (Details)
6 Months Ended 12 Months Ended
Oct. 31, 2015
USD ($)
ft²
Unit
Oct. 31, 2014
USD ($)
Unit
Apr. 30, 2015
USD ($)
Apr. 30, 2014
USD ($)
Business Acquisition [Line Items]        
Land $ 6,424,000 $ 11,712,000    
Building 64,144,000 24,661,000    
Multifamily [Member]        
Business Acquisition [Line Items]        
Land 5,521,000 1,754,000    
Building 59,035,000 24,661,000    
Unimproved Land [Member]        
Business Acquisition [Line Items]        
Land   9,958,000    
Building   0    
Development Projects Placed in Service [Member]        
Business Acquisition [Line Items]        
Land 6,819,000 [1] 823,000    
Building 130,168,000 [1] 9,452,000    
Development Cost 136,987,000 [1] $ 10,275,000    
Development Projects Placed in Service [Member] | Multifamily [Member]        
Business Acquisition [Line Items]        
Land [1] 3,320,000      
Building [1] 73,841,000      
Development Cost [1] $ 77,161,000      
Development Projects Placed in Service [Member] | Multifamily [Member] | 72 unit - Chateau II - Minot, ND [Member]        
Business Acquisition [Line Items]        
Date Placed in Service [1],[2] Jun. 01, 2015      
Land [1],[2] $ 240,000      
Building [1],[2] 14,401,000      
Development Cost [1],[2] 14,641,000      
Development cost paid $ 2,300,000   $ 12,300,000  
Number of apartment units owned | Unit [1],[2] 72      
Development Projects Placed in Service [Member] | Multifamily [Member] | 288 unit - Renaissance Heights - Williston, ND [Member]        
Business Acquisition [Line Items]        
Date Placed in Service [1],[3] Jul. 27, 2015      
Land [1],[3] $ 3,080,000      
Building [1],[3] 59,440,000      
Development Cost [1],[3] 62,520,000      
Development cost paid $ 4,800,000   57,700,000  
Interest in joint venture 70.00%      
Number of apartment units owned | Unit [1],[3] 288      
Development Projects Placed in Service [Member] | Multifamily [Member] | 44 unit - Dakota Commons - Williston, ND [Member]        
Business Acquisition [Line Items]        
Date Placed in Service [4]   Jul. 15, 2014    
Land [4]   $ 823,000    
Building [4]   9,452,000    
Development Cost [4]   $ 10,275,000    
Development cost paid     2,200,000 $ 8,100,000
Number of apartment units owned | Unit [4]   44    
Development Projects Placed in Service [Member] | Healthcare [Member]        
Business Acquisition [Line Items]        
Land [1] $ 2,610,000      
Building [1] 54,594,000      
Development Cost [1] $ 57,204,000      
Development Projects Placed in Service [Member] | Healthcare [Member] | 57,624 sq ft Edina 6565 France SMC III - Edina, MN [Member]        
Business Acquisition [Line Items]        
Date Placed in Service [1],[5] Jun. 01, 2015      
Land [1],[5] $ 0      
Building [1],[5] 32,495,000      
Development Cost [1],[5] 32,495,000      
Development cost paid $ 11,700,000   20,800,000  
Area of real estate property | ft² [1],[5] 57,624      
Development Projects Placed in Service [Member] | Healthcare [Member] | 70,756 sq ft PrairieCare Medical - Brooklyn Park, MN [Member]        
Business Acquisition [Line Items]        
Date Placed in Service [1],[6] Sep. 08, 2015      
Land [1],[6] $ 2,610,000      
Building [1],[6] 22,099,000      
Development Cost [1],[6] 24,709,000      
Development cost paid $ 7,400,000   17,300,000  
Area of real estate property | ft² [1],[6] 70,756      
Development Projects Placed in Service [Member] | Other [Member] | 7,963 sq ft Minot Southgate Retail - Minot, ND [Member]        
Business Acquisition [Line Items]        
Date Placed in Service [1],[7] Oct. 01, 2015      
Land [1],[7] $ 889,000      
Building [1],[7] 1,733,000      
Development Cost [1],[7] 2,622,000      
Development cost paid $ 500,000   $ 2,100,000  
Area of real estate property | ft² [1],[7] 7,963      
[1] Development projects that are placed in service in phases are excluded from this table until the entire project has been placed in service. See Note 6 for additional information on the Deer Ridge, 71 France, and Cardinal Point projects, which were partially placed in service during the three months ended October, 2015.
[2] Costs paid in prior fiscal years totaled $12.3 million. Additional costs paid in fiscal year 2016 totaled $2.3 million, for a total project cost at October 31, 2015 of $14.6 million.
[3] Costs paid in prior fiscal years totaled $57.7 million. Additional costs paid in fiscal year 2016 totaled $4.8 million, for a total project cost at October 31, 2015 of $62.5 million. The project is owned by a joint venture entity in which we have an approximately 70.0% interest. The joint venture is consolidated in our financial statements.
[4] Costs paid in prior fiscal years totaled $8.1 million. Additional costs paid in fiscal year 2015 totaled $2.2 million, for a total project cost at October 31, 2014 of $10.3 million.
[5] Costs paid in prior fiscal years totaled $20.8 million. Additional costs paid in fiscal year 2016 totaled $11.7 million, for a total project cost at October 31, 2015 of $32.5 million.
[6] Costs paid in prior fiscal years totaled $17.3 million. Additional costs paid in fiscal year 2016 totaled $7.4 million, for a total project cost at October 31, 2015 of $24.7 million.
[7] Costs paid in prior fiscal years totaled $2.1 million. Additional costs paid in fiscal year 2016 totaled approximately $500,000, for a total project cost at October 31, 2015 of $2.6 million.