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OPERATING SEGMENT (Details)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Apr. 30, 2018
USD ($)
Jan. 31, 2018
USD ($)
Oct. 31, 2017
USD ($)
Jul. 31, 2017
USD ($)
Apr. 30, 2017
USD ($)
Jan. 31, 2017
USD ($)
Oct. 31, 2016
USD ($)
Jul. 31, 2016
USD ($)
Oct. 31, 2017
segment
Apr. 30, 2018
USD ($)
Apr. 30, 2017
USD ($)
Apr. 30, 2016
USD ($)
segment
Apr. 30, 2015
USD ($)
Segment Reporting Information [Line Items]                          
Number of reportable segments | segment                 2     5  
Segment Reporting Information, Profit (Loss) [Abstract]                          
REVENUE $ 44,185 $ 42,716 $ 41,866 $ 40,978 $ 42,811 $ 39,797 $ 39,195 $ 38,301   $ 169,745 $ 160,104 $ 145,500  
Net operating income                   96,711 95,778 87,352  
Casualty loss                   (500) (414) (238)  
Depreciation and amortization                   (82,070) (44,253) (39,273)  
Impairment of real estate investments                   (18,065) (57,028) (5,543)  
General and administrative expenses                   (14,203) (15,871) (13,498)  
Acquisition and investment related costs                   (51) (3,276) (830)  
Interest expense                   (34,178) (34,314) (28,417)  
Loss on extinguishment of debt                   (940) (1,651) (106)  
Interest and other income                   1,508 1,146 385  
Loss before gain on sale of real estate and other investments, gain on bargain purchase and income from discontinued operations                   (57,314) (64,929) (3,882)  
Gain on sale of real estate and other investments                   20,120 18,701 9,640  
Gain on bargain purchase                   0 0 3,424  
Income (loss) from continuing operations                   (37,194) (46,228) 9,182  
Income from discontinued operations                   164,823 76,753 67,420  
NET INCOME                   127,629 30,525 76,602  
Segment Assets [Abstract]                          
Property owned 1,669,764       1,358,529         1,669,764 1,358,529    
Less accumulated depreciation (311,324)       (255,599)         (311,324) (255,599)    
Total property owned 1,358,440       1,102,930         1,358,440 1,102,930    
Assets held for sale and assets of discontinued operations 0       283,023         0 283,023    
Cash and cash equivalents 11,891       28,819         11,891 28,819 66,698 $ 48,970
Restricted cash 4,225       27,981         4,225 27,981    
Other assets 30,297       13,306         30,297 13,306    
Unimproved land 11,476       18,455         11,476 18,455    
Mortgage loans receivable 10,329       0         10,329 0    
TOTAL ASSETS 1,426,658       1,474,514         1,426,658 1,474,514    
Multi-Family Residential [Member] | Operating Segments [Member]                          
Segment Reporting Information, Profit (Loss) [Abstract]                          
REVENUE                   159,983 142,214 129,049  
Net operating income                   89,523 81,319 74,287  
Segment Assets [Abstract]                          
Property owned 1,606,421       1,260,541         1,606,421 1,260,541    
Less accumulated depreciation (294,477)       (232,592)         (294,477) (232,592)    
Total property owned 1,311,944       1,027,949         1,311,944 1,027,949    
All Other [Member] | Operating Segments [Member]                          
Segment Reporting Information, Profit (Loss) [Abstract]                          
REVENUE                   9,762 17,890 16,451  
Net operating income                   7,188 14,459 13,065  
Segment Assets [Abstract]                          
Property owned 63,343       97,988         63,343 97,988    
Less accumulated depreciation (16,847)       (23,007)         (16,847) (23,007)    
Total property owned $ 46,496       $ 74,981         46,496 74,981    
Real Estate [Member]                          
Segment Reporting Information, Profit (Loss) [Abstract]                          
Cost of revenue                   (73,034) (64,326) (58,148)  
Cost of revenue                   (73,034) (64,326) (58,148)  
Real Estate [Member] | Multi-Family Residential [Member] | Operating Segments [Member]                          
Segment Reporting Information, Profit (Loss) [Abstract]                          
Cost of revenue                   (70,460) (60,895) (54,762)  
Cost of revenue                   (70,460) (60,895) (54,762)  
Real Estate [Member] | All Other [Member] | Operating Segments [Member]                          
Segment Reporting Information, Profit (Loss) [Abstract]                          
Cost of revenue                   (2,574) (3,431) (3,386)  
Cost of revenue                   (2,574) (3,431) (3,386)  
Management Service [Member]                          
Segment Reporting Information, Profit (Loss) [Abstract]                          
Cost of revenue                   (5,526) (5,046) (3,714)  
Cost of revenue                   $ (5,526) $ (5,046) $ (3,714)