MORTGAGES PAYABLE AND LINE OF CREDIT (Tables)

9 Months Ended

Jan. 31, 2016

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 January 31, 2016, excluding $10.7 million in outstanding mortgage indebtedness related to assets held for sale, is as follows:

Fiscal year ended April 30,	(in thousands)
2016 (remainder)	$	46,710
2017		43,543
2018		41,229
2019		116,598
2020		111,490
Thereafter		402,075
Total payments	$	761,645