MORTGAGES PAYABLE AND LINE OF CREDIT (Tables)

3 Months Ended

Jul. 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 July 31, 2016, is as follows:

		(in thousands)
		Mortgages		Mortgages
		on Properties		on Properties
		Held for		Held for
Year Ended April 30,		Investment		Sale
2017 (remainder)	$	79,673	$	47,017
2018		66,279		1,106
2019		145,153		6,921
2020		112,226		612
2021		154,461		4,901
Thereafter		258,834		7,237
Total payments	$	816,626	$	67,794