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Fair Value Measurements (Tables)
12 Months Ended
Apr. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value on Recurring Basis

The following tables set forth our assets and liabilities measured at fair value on a recurring basis and a non-recurring basis by level within the fair value hierarchy. As required by US GAAP, assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.

 

   Level 1   Level 2   Level 3   Total 
  

Assets Measured at Fair Value on a Recurring

Basis as of April 30, 2022

 
   Level 1   Level 2   Level 3   Total 
Assets:                
Municipal Bonds      $5,437,000       $5,437,000 
REITs      $144,000       $144,000 
Equity Securities  $24,770,000           $24,770,000 
Money Markets and CDs  $628,000           $628,000 
Total fair value of assets measured on a recurring basis  $25,398,000   $5,581,000       $30,979,000 

 

   Level 1   Level 2   Level 3   Total 
  

Assets Measured at Fair Value on a Recurring

Basis as of April 30, 2021

 
   Level 1   Level 2   Level 3   Total 
Assets:                
Municipal Bonds      $6,009,000       $6,009,000 
REITs      $137,000       $137,000 
Equity Securities  $26,419,000           $26,419,000 
Money Markets and CDs  $772,000           $772,000 
Total fair value of assets measured on a recurring basis  $27,191,000   $6,146,000       $33,337,000