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Federal, State and Local Income Taxes (Detail Textuals) (USD $)
3 Months Ended
Jul. 31, 2012
Jul. 31, 2011
Income Tax Disclosure [Abstract]    
Net operating loss carryforward $ 360,000  
Gain from deconsolidation of the company's asset management and mutual fund distribution subsidiaries 50,510,000  
Deferred non-cash postemployment compensation granted to VLI's former employee $ 1,770,000  
Effective income tax rate 37.71% 35.55%