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BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES - Real Estate Properties (Details)
12 Months Ended
Apr. 30, 2017
USD ($)
property
item
$ / shares
shares
Dec. 31, 2016
Apr. 30, 2016
USD ($)
property
$ / shares
Dec. 31, 2015
Apr. 30, 2015
USD ($)
property
$ / shares
BASIS OF PRESENTATION [Abstract]          
Interest in operating partnership (in hundredths) 88.60%   88.10%    
Percentage of general interest partnership (in hundredths) 100.00%   100.00%    
Redemption basis 1:1        
Redemptions by limited partner, maximum | item 2        
Number of units to redeem, minimum (in units) | shares 1,000        
Period to hold the beneficial interest, minimum 1 year        
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments $ 57,028,000   $ 5,983,000   $ 6,105,000
IDENTIFIED INTANGIBLE ASSETS AND LIABILITIES AND GOODWILL [Abstract]          
New intangible assets 0   2,200,000    
Addition to intangible liabilities 0   $ 101,000    
Weighted average lives of intangible assets acquired     8 months 12 days    
Goodwill book value 1,572,000   $ 1,680,000    
Recognized impairment goodwill 0   0    
PROPERTY AND EQUIPMENT [Abstract]          
Property and equipment cost 2,100,000   2,100,000    
Accumulated depreciation 1,199,000   1,058,000    
REAL ESTATE DEPOSITS [Abstract]          
Deposits held in escrow $ 23,700,000   $ 0    
INCOME TAXES [Abstract]          
Minimum dividend distribution percentage (in hundredths) 90.00%        
Dividend distribution percentage (in hundredths) 90.00%   90.00%   90.00%
Distribution of federal income tax (in hundredths)   12.43%   36.28%  
Distribution of capital gain (in hundredths)   87.57%   11.99%  
Distribution made as return of capital (in hundredths)       51.73%  
REVISION [Abstract]          
Interest income $ 369,000   $ 81,000   $ 62,000
Income before gain on sale of real estate and other investments, gain on bargain purchase and income from discontinued operations (56,851,000)   4,041,000   11,237,000
Income from continuing operations (38,150,000)   17,105,000   17,330,000
Income from discontinued operations $ 68,675,000   $ 59,497,000   $ 11,354,000
Earnings per common share from continuing operations - Investors Real Estate Trust - basic and diluted (in dollars per share) | $ / shares $ (0.24)   $ 0.06   $ 0.02
Earnings per common share from discontinued operations - Investors Real Estate Trust - basic and diluted (in dollars per share) | $ / shares $ 0.50   $ 0.43   $ 0.09
REAL ESTATE INVESTMENTS [Abstract]          
Number of year after date of acquisition related to adjustment of real estate preliminary allocations of purchase price 1 year        
Scenario, Previously Reported [Member]          
REVISION [Abstract]          
Interest income     $ 2,256,000    
Income before gain on sale of real estate and other investments, gain on bargain purchase and income from discontinued operations     6,216,000    
Income from continuing operations     19,280,000    
Income from discontinued operations     $ 57,322,000    
Earnings per common share from continuing operations - Investors Real Estate Trust - basic and diluted (in dollars per share) | $ / shares     $ 0.08    
Earnings per common share from discontinued operations - Investors Real Estate Trust - basic and diluted (in dollars per share) | $ / shares     $ 0.41    
Restatement Adjustment [Member]          
REVISION [Abstract]          
Interest income     $ (2,175,000)    
Income before gain on sale of real estate and other investments, gain on bargain purchase and income from discontinued operations     (2,175,000)    
Income from continuing operations     (2,175,000)    
Income from discontinued operations     $ 2,175,000    
Earnings per common share from continuing operations - Investors Real Estate Trust - basic and diluted (in dollars per share) | $ / shares     $ (0.02)    
Earnings per common share from discontinued operations - Investors Real Estate Trust - basic and diluted (in dollars per share) | $ / shares     $ 0.02    
Buildings and Improvements [Member] | Minimum [Member]          
REAL ESTATE INVESTMENTS [Abstract]          
Estimated useful life of assets (in years) 20 years        
Buildings and Improvements [Member] | Maximum [Member]          
REAL ESTATE INVESTMENTS [Abstract]          
Estimated useful life of assets (in years) 40 years        
Furniture, Fixtures and Equipment [Member] | Minimum [Member]          
REAL ESTATE INVESTMENTS [Abstract]          
Estimated useful life of assets (in years) 5 years        
Furniture, Fixtures and Equipment [Member] | Maximum [Member]          
REAL ESTATE INVESTMENTS [Abstract]          
Estimated useful life of assets (in years) 12 years        
Renovations and Improvements [Member] | Minimum [Member]          
REAL ESTATE INVESTMENTS [Abstract]          
Estimated useful life of assets (in years) 5 years        
Renovations and Improvements [Member] | Maximum [Member]          
REAL ESTATE INVESTMENTS [Abstract]          
Estimated useful life of assets (in years) 10 years        
Minot, ND - property [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments $ 2,900,000        
Multi-family Residential Properties [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Number of impaired properties | property 16        
Multi-family Residential Properties [Member] | Williston, ND - property [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Number of impaired properties | property 3        
Multi-family Residential Properties [Member] | Williston, ND - property 1 [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments $ 40,900,000        
Interest in joint venture (in hundredths) 70.00%        
Multi-family Residential Properties [Member] | Williston, ND - property 2 [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments $ 5,800,000        
Multi-family Residential Properties [Member] | Williston, ND - property 3 [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments $ 4,700,000        
Interest in joint venture (in hundredths) 60.00%        
Multi-Family Residential [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Number of impaired properties | property     8    
Multi-Family Residential [Member] | St Cloud Minnesota Member          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments     $ 1,900,000    
Number of impaired properties | property     8    
Unimproved Land [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Number of impaired properties | property 2   2   2
Unimproved Land [Member] | Williston, ND - property [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments $ 2,800,000        
Interest in joint venture (in hundredths) 70.00%        
Number of impaired properties | property 1        
Unimproved Land [Member] | Minot, ND - property [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Number of impaired properties | property 1        
Unimproved Land [Member] | River Falls Wisconsin Member          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments     $ 162,000    
Unimproved Land [Member] | Eagan, Minnesota, Unimproved Land [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments         $ 98,000
Unimproved Land [Member] | Weston, Wisconsin, Unimproved Land [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments         $ 442,000
Commercial Properties [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Number of impaired properties | property         4
IDENTIFIED INTANGIBLE ASSETS AND LIABILITIES AND GOODWILL [Abstract]          
Number of real estate properties disposed | property 4   8    
Goodwill derecognized $ 103,000   $ 196,000    
Commercial Healthcare [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Number of impaired properties | property     1    
Office [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Number of impaired properties | property     1    
Retail [Member] | Kalispell, Montana, Retail Property [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments         $ 2,100,000
Office Property [Member] | Eden Prairie Minnesota Member          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments     $ 440,000    
Office Property [Member] | Golden Valley, Minnesota [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments         183,000
Office Property [Member] | Minneapolis, Minnesota, Office Property [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments         1,800,000
Office Property [Member] | Boise, Idaho, Office Property [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments         1,400,000
Assets Held for Sale [Member] | Multi-family Residential Properties [Member]          
Held for Sale [Abstract]          
Number of real estate properties classified as held for sale | property 13   1    
Assets Held for Sale [Member] | Multi-family Residential Properties [Member] | Minot, ND - property [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Number of impaired properties | property 13        
Assets Held for Sale [Member] | Unimproved Land [Member]          
Held for Sale [Abstract]          
Number of real estate properties classified as held for sale | property     3    
Assets Held for Sale [Member] | Commercial Healthcare [Member]          
Held for Sale [Abstract]          
Number of real estate properties classified as held for sale | property 2   35    
Assets Held for Sale [Member] | Industrial [Member]          
Held for Sale [Abstract]          
Number of real estate properties classified as held for sale | property     1    
Assets Held for Sale [Member] | Retail [Member]          
Held for Sale [Abstract]          
Number of real estate properties classified as held for sale | property 2        
Assets Held for Sale [Member] | Medical Property [Member] | Sartell, Minnesota, Healthcare Property [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments     $ 1,900,000    
Discontinued Operations [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments     440,000   1,400,000
REVISION [Abstract]          
Interest income $ 2,176,000   2,176,000   2,176,000
Income from discontinued operations $ 68,675,000   59,497,000   $ 11,354,000
Discontinued Operations [Member] | Unimproved Land [Member] | Grand Chute, Wisconsin, Unimproved Land [Member]          
IMPAIRMENT OF LONG-LIVED ASSETS [Abstract]          
Impairment of real estate investments     $ 1,600,000