CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Apr. 30, 2017	Apr. 30, 2016
ASSETS
CASH AND CASH EQUIVALENTS	$ 11,811	$ 14,562
RECEIVABLES, net	6,379	7,271
REAL ESTATE INVENTORY	56,090	61,663
INVESTMENT ASSETS, net	9,715	10,326
PROPERTY, PLANT AND EQUIPMENT, net	10,852	11,997
OTHER ASSETS, net	2,310	3,478
TAXES RECEIVABLE, net	0	48
DEFERRED INCOME TAXES, net	9,519	11,283
TOTAL ASSETS	106,676	120,628
LIABILITIES:
ACCOUNTS PAYABLE AND ACCRUED EXPENSES	7,035	8,453
NOTES PAYABLE:
Amounts due within one year	0	555
Amounts due to related party	0	12,384
Notes payable	0	12,939
TAXES PAYABLE, net	465	0
OTHER LIABILITIES AND DEFERRED REVENUE	3,376	3,682
ACCRUED PENSION COST	10,967	12,710
TOTAL LIABILITIES	21,843	37,784
SHAREHOLDERS’ EQUITY:
Common stock, $.10 par value; shares authorized - 20,000,000; shares issued - 8,303,204 at April 30, 2017 and 8,284,704 at April 30, 2016	830	828
Capital contributed in excess of par value	50,694	50,553
Retained earnings	46,764	46,779
Accumulated other comprehensive loss, net	(9,240)	(11,101)
Treasury stock, at cost - 225,250 shares at April 30, 2017 and 2016	(4,215)	(4,215)
TOTAL SHAREHOLDERS’ EQUITY	84,833	82,844
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 106,676	$ 120,628