XML 57 R45.htm IDEA: XBRL DOCUMENT v3.10.0.1
DISCONTINUED OPERATIONS - Effect on Net Income from Properties Classified as Discontinued Operations (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Oct. 31, 2018
Oct. 31, 2017
Oct. 31, 2018
Oct. 31, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
REVENUE $ 45,638 $ 41,866 $ 91,584 $ 82,844
EXPENSES        
Property operating expenses, excluding real estate taxes 14,247 14,108 28,706 26,982
Depreciation and amortization 19,191 17,270 37,803 42,608
General and administrative expenses 3,374 3,118 7,244 7,120
TOTAL EXPENSES 43,445 40,593 87,048 89,557
Interest expense (7,997) (8,509) (16,382) (16,640)
Loss on extinguishment of debt (4) (334) (556) (533)
Interest income 410 199 891 220
Other income 19 56 54 263
Gain (loss) on sale of discontinued operations     9,562 17,686
INCOME (LOSS) FROM DISCONTINUED OPERATIONS 0 15,130 570 17,815
Discontinued Operations, Disposed of by Sale [Member]        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
REVENUE 0 12,047 0 24,002
EXPENSES        
Property operating expenses, excluding real estate taxes 0 2,387 0 4,644
Real estate taxes 0 1,946 0 3,907
Depreciation and amortization 0 3,424 0 7,013
General and administrative expenses 0 15 0 15
TOTAL EXPENSES 0 7,840 0 15,719
Operating income (loss) 0 4,207 0 8,283
Interest expense 0 (1,436) 0 (3,421)
Loss on extinguishment of debt 0 (6) 0 (6)
Interest income 0 117 0 661
Other income 0 10 0 60
Income (loss) from discontinued operations before gain (loss) on sale 0 2,892 0 5,577
Gain (loss) on sale of discontinued operations 0 12,238 570 12,238
INCOME (LOSS) FROM DISCONTINUED OPERATIONS 0 15,130 570 17,815
Management Service [Member]        
EXPENSES        
Property management expense 1,319 1,372 2,686 2,728
Management Service [Member] | Discontinued Operations, Disposed of by Sale [Member]        
EXPENSES        
Property management expense $ 0 $ 68 $ 0 $ 140