DEBT (Tables)

6 Months Ended

Oct. 31, 2018

Debt Disclosure [Abstract]

Aggregate Amount of Required Future Principal Payments on Mortgages Payable

The aggregate amount of required future principal payments on mortgages payable as of October 31, 2018, was as follows:

	(in thousands)
Year Ended April 30,	Mortgage Loans
2019	$	4,870
2020	71,833
2021	92,177
2022	70,506
2023	27,494
Thereafter	182,534
Total payments	$	449,414

Schedule of Debt

The following table summarizes our indebtedness at October 31, 2018:

	(in thousands)
	October 31, 2018			April 30, 2018			Weighted Average Maturity in Years at October 31, 2018
Unsecured line of credit	$	69,500		$	124,000		3.8
Term loan A	70,000			70,000			5.2
Term loan B	75,000			—			6.8
Unsecured debt	214,500			194,000
Mortgages payable - fixed	449,414			489,401			4.5
Mortgages payable - variable	—			22,739
Total debt	$	663,914		$	706,140		4.8
Weighted average interest rate on unsecured line of credit	3.72		%	3.35		%
Weighted average interest rate on term loan A (rate with swap)	3.75		%	3.86		%
Weighted average interest rate on term loan B (rate with swap)	4.60		%
Weighted average interest rate on mortgages payable	4.59		%	4.69		%