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EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended
Jul. 31, 2016
Jul. 31, 2015
EARNINGS PER SHARE [Abstract]    
Ratio of units exchanged for shares one-for-one  
Minimum holding period 1 year  
NUMERATOR [Abstract]    
(Loss) income from continuing operations – Investors Real Estate Trust $ (24,914) $ 3,868
Income from discontinued operations - Investors Real Estate Trust 3,271 672
Net (loss) income attributable to Investors Real Estate Trust (21,643) 4,540
Dividends to preferred shareholders (2,879) (2,879)
NET (LOSS) INCOME AVAILABLE TO COMMON SHAREHOLDERS (24,522) 1,661
Noncontrolling interests - Operating Partnership (3,296) 186
Numerator for diluted (loss) earnings per share $ (27,818) $ 1,847
DENOMINATOR [Abstract]    
Denominator for basic earnings per share weighted average shares (in shares) 121,117 124,855
Effect of convertible operating partnership units (in shares) 16,285 13,951
Denominator for diluted earnings per share (in shares) 137,402 138,806
(Loss) earnings per common share from continuing operations - Investors Real Estate Trust - basic and diluted (in dollars per share) $ (0.23) $ 0.01
Earnings per common share from discontinued operations - Investors Real Estate Trust - basic and diluted (in dollars per share) 0.03  
NET (LOSS) INCOME PER COMMON SHARE – BASIC & DILUTED $ (0.20) $ 0.01