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QUARTERLY RESULTS OF CONSOLIDATED OPERATIONS (unaudited)
 12 Months Ended
Apr. 30, 2018
Selected Quarterly Financial Information [Abstract]  
QUARTERLY RESULTS OF CONSOLIDATED OPERATIONS (unaudited)
QUARTERLY RESULTS OF CONSOLIDATED OPERATIONS (unaudited) 
 
 
(in thousands, except per share data)
QUARTER ENDED
 
July 31, 2017

October 31, 2017

January 31, 2018

April 30, 2018

Revenues
 
$
40,978

$
41,866

$
42,716

$
44,185

Net income (loss) attributable to Investors Real Estate Trust
 
$
(11,264
)
$
12,821

$
136,105

$
(20,874
)
Net income (loss) available to common shareholders
 
$
(13,550
)
$
6,360

$
134,331

$
(22,579
)
Net income (loss) per common share - basic & diluted
 
$
(0.11
)
$
0.05

$
1.12

$
(0.19
)
 
 
(in thousands, except per share data)
QUARTER ENDED
 
July 31, 2016

October 31, 2016

January 31, 2017

April 30, 2017

Revenues
 
$
38,301

$
39,195

$
39,797

$
42,811

Net income (loss) attributable to Investors Real Estate Trust
 
$
(21,643
)
$
11,600

$
23,110

$
30,280

Net income (loss) available to common shareholders
 
$
(24,522
)
$
8,722

$
19,172

$
27,994

Net income (loss) per common share - basic & diluted
 
$
(0.20
)
$
0.07

$
0.16

$
0.23


The above financial information is unaudited. In the opinion of management, all adjustments (which are of a normal recurring nature) have been included for a fair presentation.