XML 21 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
PREFERRED SHARES [Member]
COMMON SHARES [Member]
ACCUMULATED DISTRIBUTIONS IN EXCESS OF NET INCOME [Member]
ACCUMULATED OTHER COMPREHENSIVE INCOME [Member]
NONREDEEMABLE NONCONTROLLING INTERESTS [Member]
Series A Preferred Stock [Member]
Series A Preferred Stock [Member]
ACCUMULATED DISTRIBUTIONS IN EXCESS OF NET INCOME [Member]
Series B Preferred Stock [Member]
Series B Preferred Stock [Member]
ACCUMULATED DISTRIBUTIONS IN EXCESS OF NET INCOME [Member]
Series C Preferred Stock [Member]
Series C Preferred Stock [Member]
PREFERRED SHARES [Member]
Series C Preferred Stock [Member]
ACCUMULATED DISTRIBUTIONS IN EXCESS OF NET INCOME [Member]
Balance at Apr. 30, 2015 $ 740,954 $ 138,674 $ 951,868 $ (438,432)   $ 88,844              
Balance (in shares) at Apr. 30, 2015     124,455                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income attributable to Investors Real Estate Trust and noncontrolling interests 76,568     72,006   4,562              
Distributions – common shares and units (71,290)     (64,060)   (7,230)              
Distributions - preferred shares (11,514)           $ (2,372) $ (2,372) $ (9,142) $ (9,142)      
Distribution reinvestment and share purchase plan 5,619   $ 5,619                    
Distribution reinvestment and share purchase plan (in shares)     821                    
Shares issued and share-based compensation 1,728   $ 1,728                    
Shares issued and share-based compensation (in shares)     185                    
Partnership units issued 18,226         18,226              
Redemption of units for common shares 0   $ 1,477     (1,477)              
Redemption of units for common shares (in shares)     273                    
Shares repurchased (35,000)   $ (35,000)                    
Shares repurchased (in shares)     (4,643)                    
Distributions to nonredeemable noncontrolling interests – consolidated real estate entities (7,029)         (7,029)              
Adjustments to prior year redemption of units for common shares 0   $ (3,608)     3,608              
Balance at Apr. 30, 2016 718,262 138,674 $ 922,084 (442,000)   99,504              
Balance (in shares) at Apr. 30, 2016     121,091                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income attributable to Investors Real Estate Trust and noncontrolling interests 30,947     43,347   (12,400)              
Distributions – common shares and units (63,360)     (55,907)   (7,453)              
Distributions - preferred shares (10,546)           $ (1,403) $ (1,403) (9,143) (9,143)      
Shares issued and share-based compensation 358   $ 358                    
Shares issued and share-based compensation (in shares)     389                    
Redemption of units for common shares 0   $ 875     (875)              
Redemption of units for common shares (in shares)     503                    
Redemption of units for cash (966)         (966)              
Shares repurchased (33,253) (27,317) $ (4,501) (1,435)                  
Shares repurchased (in shares)     (778)                    
Contributions from nonredeemable noncontrolling interests – consolidated real estate entities 7,188         7,188              
Conversion to equity of notes receivable from nonredeemable noncontrolling interests – consolidated real estate entities (7,366)         (7,366)              
Acquisition of nonredeemable noncontrolling interests – consolidated real estate entities (4,938)   $ (2,677)     (2,261)              
Other (232)   $ (18)     (214)              
Other (in shares)     (6)                    
Balance at Apr. 30, 2017 636,094 111,357 $ 916,121 (466,541) $ 0 75,157              
Balance (in shares) at Apr. 30, 2017     121,199                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income attributable to Investors Real Estate Trust and noncontrolling interests 128,370     116,788   11,582              
Other comprehensive income - derivative instrument 1,779       1,779                
Distributions – common shares and units (37,785)     (33,689)   (4,096)              
Distributions - preferred shares (8,569)               $ (4,571) $ (4,571) $ (3,999)   $ (3,999)
Shares issued and share-based compensation 1,663   $ 1,663                    
Shares issued and share-based compensation (in shares)     96                    
Issuance of Series C preferred shares                     $ 99,456 $ 99,456  
Redemption of units for common shares 0   $ 34     (34)              
Redemption of units for common shares (in shares)     29                    
Redemption of units for cash (8,775)         (8,775)              
Shares repurchased (124,949) (111,357) $ (9,935) (3,657)                  
Shares repurchased (in shares)     (1,780)                    
Contributions from nonredeemable noncontrolling interests – consolidated real estate entities 619         619              
Conversion to equity of notes receivable from nonredeemable noncontrolling interests – consolidated real estate entities (246)         (246)              
Other (157)   $ (40)     (117)              
Other (in shares)     (18)                    
Balance at Apr. 30, 2018 $ 687,499 $ 99,456 $ 907,843 $ (395,669) $ 1,779 $ 74,090              
Balance (in shares) at Apr. 30, 2018     119,526