Note 8 - Leases

12 Months Ended

Apr. 30, 2014

Leases [Abstract]

Leases of Lessee Disclosure [Text Block]

8.     LEASES

The Company leases certain property and equipment used in its operations. Generally, the leases are for primary terms of from five to twenty years with options either to renew for additional periods or to purchase the premises and call for payment of property taxes, insurance, and maintenance by the lessee.

The following is an analysis of the leased property under capital leases by major classes:

	Asset balances at April 30,
	2014		2013
Real estate	$	13,668	$	12,874
Equipment		2,610		2,612
		16,278		15,486
Less accumulated amortization		5,202		4,900
	$	11,076	$	10,586

Future minimum payments under the capital leases and noncancelable operating leases with initial or remaining terms of one year or more consisted of the following at April 30, 2014:

Years ended April 30,	Capital leases		Operating leases
2015	$	1,078	$	872
2016		904		630
2017		868		547
2018		870		539
2019		876		378
Thereafter		12,875		261
Total minimum lease payments		17,471	$	3,227
Less amount representing interest		7,276
Present value of net minimum lease payments	$	10,195

The total rent expense under operating leases was $1,424 in 2014, $1,773 in 2013, and $1,269 in 2012.