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PROPERTY OWNED (Tables)
12 Months Ended
Apr. 30, 2017
PROPERTY OWNED [Abstract]  
Schedule of Future Minimum Lease Payments

The future minimum lease receipts to be received under non-cancellable leases for commercial properties held for investment as of April 30, 2017, assuming that no options to renew or buy out the lease are exercised, are as follows:

 

 

 

 

 

 

Year Ended April 30, 

    

(in thousands)

 

2018

 

$

25,922

 

2019

 

 

24,250

 

2020

 

 

22,695

 

2021

 

 

21,386

 

2022

 

 

19,601

 

Thereafter

 

 

120,772

 

 

 

$

234,626