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QUARTERLY RESULTS OF CONSOLIDATED OPERATIONS (unaudited) (Tables)
12 Months Ended
Apr. 30, 2018
Selected Quarterly Financial Information [Abstract]  
Schedule of Quarterly Results of Consolidation Operations
 
 
(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