XML 51 R40.htm IDEA: XBRL DOCUMENT v3.7.0.1
SEGMENT REPORTING (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Jul. 31, 2017
USD ($)
segment
Jul. 31, 2016
USD ($)
Apr. 30, 2015
segment
Apr. 30, 2017
USD ($)
Apr. 30, 2016
USD ($)
Segment Reporting Information [Line Items]          
Number of reportable segments | segment 2   5    
Segment revenues and net operating income [Abstract]          
Real estate revenue $ 52,735 $ 49,611      
Real estate expenses 24,250 21,634      
Net operating income (loss) 28,485 27,977      
Depreciation/amortization (28,927) (14,267)      
Impairment of real estate investments (256) (54,153)      
General and administrative expenses (4,002) (3,501)      
Interest expense (9,295) (10,364)      
Loss on extinguishment of debt (199)        
Interest and other income 231 188      
Loss before gain on sale of real estate and other investments and income from discontinued operations (13,963) (54,120)      
Gain (loss) on sale of real estate and other investments 124 8,958      
Loss from continuing operations (13,839) (45,162)      
Income (loss) from discontinued operations 560 4,568      
NET LOSS (13,279) (40,594)      
Segment Assets [Abstract]          
Property owned 1,744,252     $ 1,677,481  
Less accumulated depreciation (368,769)     (340,417)  
Total property owned 1,375,483     1,337,064  
Assets held for sale and assets of discontinued operations 37,552     37,708  
Cash and cash equivalents 23,801 54,438   28,819 $ 66,698
Receivables and other assets 30,319     52,468  
Unimproved land 15,195     18,455  
TOTAL ASSETS 1,482,350     1,474,514  
Amounts Not Allocated to Segments [Member]          
Segment revenues and net operating income [Abstract]          
Real estate expenses 1,707 1,838      
Net operating income (loss) (1,707) (1,838)      
Multi-Family Residential [Member] | Operating Segments [Member]          
Segment revenues and net operating income [Abstract]          
Real estate revenue 38,430 35,042      
Real estate expenses 17,465 14,879      
Net operating income (loss) 20,965 20,163      
Segment Assets [Abstract]          
Property owned 1,313,469     1,260,541  
Less accumulated depreciation (254,380)     (232,592)  
Total property owned 1,059,089     1,027,949  
Healthcare [Member] | Operating Segments [Member]          
Segment revenues and net operating income [Abstract]          
Real estate revenue 11,378 11,541      
Real estate expenses 4,285 4,192      
Net operating income (loss) 7,093 7,349      
Segment Assets [Abstract]          
Property owned 324,197     323,148  
Less accumulated depreciation (89,561)     (86,139)  
Total property owned 234,636     237,009  
All Other [Member] | Operating Segments [Member]          
Segment revenues and net operating income [Abstract]          
Real estate revenue 2,927 3,028      
Real estate expenses 793 725      
Net operating income (loss) 2,134 $ 2,303      
Segment Assets [Abstract]          
Property owned 106,586     93,792  
Less accumulated depreciation (24,828)     (21,686)  
Total property owned $ 81,758     $ 72,106