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COMMITMENTS AND CONTINGENCIES (Tables)
 6 Months Ended
Oct. 31, 2016
COMMITMENTS AND CONTINGENCIES [Abstract]  
Development. Expansion and Renovation Projects

As of October 31, 2016, we had a development project underway during the quarter, the costs for which have been capitalized, as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

    

(in fiscal years)

 

 

    

 

    

Rentable

    

 

 

    

 

 

    

Anticipated

 

 

 

 

 

Square Feet

 

Anticipated

 

Costs as of

 

Construction

 

Project Name and Location

 

Planned Segment

 

or Number of Units

 

Total Cost

 

October 31, 2016(1)

 

Completion

 

Monticello Crossings - Monticello, MN

 

Multifamily

 

202 units

 

 
31,784

 

 
28,068

 

4Q 2017

 

Other

 

n/a

 

n/a

 

 

n/a

 

 
3,283

 

n/a

 

 

 

 

 

 

 

$
31,784

 

$
31,351

 

 

 

(1)

Amount for Monticello Crossings includes costs for to a portion of the development project that was placed into service during the quarter ended October 31, 2016.