Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 31, 2016	Apr. 30, 2015
ASSETS
Cash and cash equivalents	$ 13,857	$ 12,050
Receivables, net	8,053	11,265
Real estate inventory	63,583	66,321
Investment assets, net	15,241	15,364
Property, plant and equipment, net	15,547	15,763
Intangible and other assets, net	8,470	10,440
Taxes receivable, net	1,718	0
Deferred income taxes, net	6,578	5,837
Assets of discontinued operations	0	1,689
TOTAL ASSETS	133,047	138,729
LIABILITIES:
Accounts payable and accrued expenses	8,708	10,284
Notes payable:
Amounts due within one year	454	128
Amounts due beyond one year	3,859	3,959
Amounts due to related party	12,491	14,003
Notes payable	16,804	18,090
Taxes payable, net	0	653
Other liabilities and deferred revenue	4,601	4,827
Accrued pension cost	12,022	11,259
Liabilities of discontinued operations	0	295
TOTAL LIABILITIES	42,135	45,408
SHAREHOLDERS' EQUITY:
Common stock, $.10 par value; shares authorized - 20,000,000; shares issued - 8,284,704 at January 31, 2016 and 8,281,704 at April 30, 2015	828	828
Capital contributed in excess of par value	50,553	50,538
Retained earnings	54,579	57,003
Accumulated other comprehensive loss, net	(10,833)	(10,833)
Treasury stock, at cost; 225,250 shares at January 31, 2016 and April 30, 2015	(4,215)	(4,215)
TOTAL SHAREHOLDERS’ EQUITY	90,912	93,321
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 133,047	$ 138,729