Federal, State and Local Income Taxes (Detail Textuals) (USD $)	12 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Income Tax Disclosure [Abstract]
Net operating loss carryforward		$ 360,000	$ 7,300,000
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 recognized in fiscal 2011	$ 1,770,000
Effective income tax rate	33.50%	37.00%	38.71%