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Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Oct. 31, 2020
Oct. 31, 2019
Oct. 31, 2020
Oct. 31, 2019
REVENUES:        
Revenues $ 9,256,000 $ 3,960,000 $ 13,462,000 $ 8,727,000
General and administrative expenses:        
General and administrative expenses 1,523,000 4,121,000 2,967,000 5,687,000
Operating expenses 8,127,000 6,892,000 12,250,000 12,113,000
Operating income (loss) 1,129,000 (2,932,000) 1,212,000 (3,386,000)
Interest (expense) income, net (12,000) 141,000 (6,000) 265,000
Other income 650,000   650,000  
Income (loss) from operations before income taxes 1,117,000 (2,791,000) 1,856,000 (3,121,000)
Provision (benefit) for income taxes 319,000 (622,000) 465,000 (756,000)
Net income (loss) $ 798,000 $ (2,169,000) $ 1,391,000 $ (2,365,000)
Basic and diluted earnings (loss) per share $ 0.10 $ (0.27) $ 0.17 $ (0.29)
Weighted average number of common shares outstanding - basic 8,122 8,129 8,136 8,125
Weighted average number of common shares outstanding - diluted 8,152 8,129 8,168 8,125
Land sale revenues        
REVENUES:        
Revenues $ 8,526,000 $ 3,266,000 $ 12,013,000 $ 7,557,000
COSTS AND EXPENSES:        
Cost of revenues 6,430,000 2,771,000 9,109,000 6,426,000
Home sale revenues        
REVENUES:        
Revenues 202,000 0 202,000  
COSTS AND EXPENSES:        
Cost of revenues 174,000 0 174,000  
Rental revenues        
REVENUES:        
Revenues 152,000 341,000 502,000 682,000
Other [Member]        
REVENUES:        
Revenues $ 376,000 $ 353,000 $ 745,000 $ 488,000