Amendment Flag
Document Period End Date
Document Fiscal Year Focus
Document Fiscal Period Focus
Document Type
Accounts receivable, net of allowance of $154 and $317, respectively
Accounts payable and accrued expenses
ACCUMULATED OTHER COMPREHENSIVE (LOSS)
Property and equipment, net of accumulated depreciation (in dollars)
Accumulated other comprehensive loss
Adjustments to reconcile net income to net cash provided by operating activities:
Accounts receivable, net of allowance (in dollars)
Mortgage loans receivable, net of allowance (in dollars)
Amortization related to non-real estate investments
ASSETS
TOTAL ASSETS
Assets
Other assets
Preferred Shares of Beneficial Interest, aggregate liquidation preference (in dollars)
Marketable securities - available-for-sale
Cash and cash equivalents
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR
CASH AND CASH EQUIVALENTS AT END OF YEAR
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES (NOTE 15)
COMMITMENTS AND CONTINGENCIES (NOTE 15)
COMMON STOCK
Common Shares of Beneficial Interest, shares outstanding (in shares)
Common Shares of Beneficial Interest (Unlimited authorization, no par value, 89,473,838 shares issued and outstanding at April 30, 2012, and 80,523,265 shares issued and outstanding at April 30, 2011)
Common Shares of Beneficial Interest, shares issued (in shares)
DIVIDENDS PER COMMON SHARE
Common Shares of Beneficial Interest, no par value (in dollars per share)
CREDIT RISK
Noncontrolling partnership interest
Maintenance
EXPENSES
TOTAL EXPENSES
Costs and Expenses
MORTGAGES PAYABLE AND LINE OF CREDIT
Receivable arising from straight-lining of rents, net of allowance of $1,209 and $996, respectively
Deferred charges and leasing costs, net of accumulated amortization of $16,244 and $13,675, respectively
Deferred charges and leasing costs, net of accumulated amortization (in dollars)
Depreciation/amortization related to real estate investments
Depreciation, Depletion and Amortization, Nonproduction
Depreciation and amortization
Depreciation, Depletion and Amortization
Development in progress
Gain on sale of other investments
DISCONTINUED OPERATIONS
Distributions - common shares and units
Distributions - preferred shares
Dividends to preferred shareholders
Real estate deposits
EARNINGS PER SHARE
Equity Component [Domain]
FAIR VALUE OF FINANCIAL INSTRUMENTS
Intangible assets, net of accumulated amortization (in dollars)
Gain on involuntary conversion
Gain on Business Interruption Insurance Recovery
Gain on sale of real estate, land and other investments
Gain on involuntary conversion
Administrative expenses
Goodwill
IDENTIFIED INTANGIBLE ASSETS AND LIABILITIES
Impairment of real estate assets
(Loss) income from discontinued operations
Earnings (loss) per common share from discontinued operations - Investors Real Estate Trust - basic and diluted
Income Statement [Abstract]
Income before gain on sale of other investments
Income (Loss) before Gain or Loss on Sale of Properties, and Extraordinary Items
Earnings per common share from continuing operations - Investors Real Estate Trust - basic and diluted
Income from continuing operations before income taxes
Income tax benefit
Income Tax Expense (Benefit)
Income from continuing operations
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest
Increase in deferred charges and leasing costs
Decrease (increase) in accounts receivable
Increase in accounts payable, accrued expenses and other liabilities
Changes in other assets and liabilities:
(Increase) decrease in tax, insurance and other escrow
Increase in prepaid and other assets
Intangible assets, net of accumulated amortization of $47,813 and $42,154, respectively
Interest expense
Interest Expense
Interest income
Total real estate investments
Real estate investments
Unimproved land
LIABILITIES
TOTAL LIABILITIES
Liabilities
LIABILITIES AND SHAREHOLDERS' EQUITY
TOTAL LIABILITIES AND EQUITY
Liabilities and Equity
Revolving line of credit
Receivable arising from straight-lining of rents, net of allowance (in dollars)
Mortgages payable
NONCONTROLLING INTERESTS
Noncontrolling Interest Disclosure [Text Block]
Net income attributable to noncontrolling interests - Operating Partnership
Net Income (Loss) Attributable to Noncontrolling Interest, Operating Partnerships
Noncontrolling interests - consolidated real estate entities
Adjustments to redeemable noncontrolling interests
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests
Noncontrolling interests - Operating Partnership (20,332,415 units at April 30, 2012 and 20,067,350 units at April 30, 2011)
Mortgage loans receivable, net of allowance of $0 and $3, respectively
CASH FLOWS FROM FINANCING ACTIVITIES
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS
Net Income (Loss) Available to Common Stockholders, Basic
Net cash (used) provided by investing activities
Net Cash Provided by (Used in) Investing Activities
Net cash provided (used) by financing activities
Net Cash Provided by (Used in) Financing Activities
CASH FLOWS FROM INVESTING ACTIVITIES
CASH FLOWS FROM OPERATING ACTIVITIES
Net income attributable to Investors Real Estate Trust
Net Income (Loss) Attributable to Parent
Net cash provided by operating activities
Net Cash Provided by (Used in) Operating Activities
Net (income) loss attributable to noncontrolling interests - consolidated real estate entities
Net Income (Loss) Attributable to Noncontrolling Interest
NONCONTROLLING INTERESTS
Real estate rentals
ORGANIZATION
Tax, insurance, and other escrow
Other expenses
Other investments
Other income
Other
Property management expenses
Redemption of units for common shares
Partners' Capital Account, Redemptions
Redemption of units for common shares, shares (in shares)
Increase in other investments
Payments for (Proceeds from) Other Investing Activities
Distributions paid to noncontrolling interests - Unitholders of the Operating Partnership, net reinvestment of $657, $746 and $772, respectively
Payments of Distributions to Affiliates
Repurchase of fractional shares and partnership units
Payments for Repurchase of Common Stock
Payments for acquisitions and improvements of real estate assets
Payments to Acquire and Develop Real Estate
Investment in mortgage loans receivable
Payments to Acquire Loans Receivable
Distributions paid to preferred shareholders
Payments of Ordinary Dividends, Preferred Stock and Preference Stock
Distributions paid to noncontrolling interests - consolidated real estate entities
Payments of Ordinary Dividends, Noncontrolling Interest
Purchase of marketable securities available-for-sale
Payments to Acquire Available-for-sale Securities
Distributions paid to common shareholders, net of reinvestment of $10,177, $10,627 and $9,762, respectively
Payments of Ordinary Dividends, Common Stock
RETIREMENT PLANS
Preferred Shares of Beneficial Interest (Cumulative redeemable preferred shares, no par value, 1,150,000 shares issued and outstanding at April 30, 2012 and April 30, 2011, aggregate liquidation preference of $28,750,000)
Preferred Shares of Beneficial Interest, shares issued (in shares)
Preferred Shares of Beneficial Interest, no par value (in dollars per share)
Preferred Shares of Beneficial Interest, shares outstanding (in shares)
PREFERRED STOCK
Prepaid and other assets
Distributions paid to noncontrolling interests - Unitholders of the Operating Partnership, net reinvestment
Principal payments on notes payable
Principal proceeds on mortgage loans receivable
Insurance proceeds received
Proceeds from minority partner
Proceeds from mortgages payable
Proceeds from sale of common shares, net of issue costs
Proceeds from revolving lines of credit and other debt
Proceeds from sale of common shares under distribution reinvestment and share purchase program
Proceeds from sale of marketable securities - available-for-sale
Proceeds from sale of discontinued operations
NET INCOME
Net Income
ACQUISITIONS AND DISPOSITIONS
Property Plant And Equipment Schedule Of Significant Acquisitions And Disposals [Text Block]
Property and equipment, net of accumulated depreciation of $1,423 and $1,231, respectively
Bad debt expense
QUARTERLY RESULTS OF CONSOLIDATED OPERATIONS (unaudited)
PROPERTY OWNED
Insurance
Real Estate And Accumulated Depreciation Disclosure Abstract
Schedule III
Property owned
Real Estate Investment Property Net
Less accumulated depreciation
Real Estate Investment Property, Accumulated Depreciation
Real estate held for sale
TOTAL REVENUE
Real Estate Revenue, Net
Real estate taxes
TRANSACTIONS WITH RELATED PARTIES
Principal payments on revolving lines of credit and other debt
Repayments of Other Short-term Debt
Redemption of investment certificates
Repayments of Annuities and Investment Certificates
Principal payments on mortgages payable
Repayments of Long-term Debt
Restricted cash
Accumulated distributions in excess of net income
ACCUMULATED DISTRIBUTIONS IN EXCESS OF NET INCOME
REVENUE
Increase in receivable arising from straight-lining of rents
LINE OF CREDIT
SUBSEQUENT EVENTS
OPERATING SEGMENTS
Balance, shares (in shares)
Balance, shares (in shares)
Shares, Issued
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES
Statement [Table]
Statement [Line Items]
Statement of Stockholders' Equity [Abstract]
Statement of Cash Flows [Abstract]
Statement, Equity Components [Axis]
Statement of Financial Position [Abstract]
Distribution reinvestment and share purchase plan
Stock Issued During Period, Value, Dividend Reinvestment Plan
Distribution reinvestment and share purchase plan, shares (in shares)
Shares issued
Fractional shares repurchased
Shares issued, shares (in shares)
Fractional shares repurchased (in shares)
EQUITY
Other
Stockholders' Equity, Other
Total equity
Balance
Balance
Investors Real Estate Trust shareholders' equity
Total Investors Real Estate Trust shareholders' equity
Stockholders' Equity Attributable to Parent
SUPPLEMENTARY SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES
Supplemental Cash Flow Information [Abstract]
REDEEMABLE NONCONTROLLING INTERESTS - CONSOLIDATED REAL ESTATE ENTITIES
Tenant reimbursement
Real estate assets acquired through assumption of indebtedness and accrued costs
Involuntary conversion of assets due to flood and fire damage
Construction debt reclassified to mortgages payable
Advisory and trustee services
Impairment of real estate investments with different values from Cash Flows element.
Impairment Of Real Estate Investments
Impairment of real estate investments
NoncontrollingInterestsOperatingPartnershipUnits.
Noncontrolling Interests Operating Partnership Units
Noncontrolling interests - Operating Partnership (in units)
Costs incurred to provide to tenants basic services such as electricity, gas, water, telephone, cable, and internet service.
Utilities
Overall income (loss, net of minority interest, from a disposal group that is classified as a component of the entity, before income tax, reported as a separate component of income before extraordinary items and the cumulative effect of accounting changes. Includes the following (before income tax): income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.
Discontinued Operation Net Of Minority Interest
Discontinued operations, net of minority interest
The amount of net income or loss for the period per each share of common stock outstanding during the reporting period. And the amount of net income or loss for the period per each share of common stock and dilutive common stock equivalents outstanding during the reporting period.
Net Income Per Common Share Basic And Diluted
NET INCOME PER COMMON SHARE - BASIC & DILUTED
Net income attributable to Investors Real Estate Trust and nonredeemable noncontrolling interests
Net income attributable to Investors Real Estate Trust and nonredeemable noncontrolling interests
Partnership Units Issued
Partnership units issued
Other shares
Other, shares
Donation Of Real Estate Investments
Donation of real estate assets
Proceeds From Real Estate Deposits
Proceeds from real estate deposits
Payments For Real Estate Deposits
Payments for real estate deposits
Decrease in lender hold backs for improvements
Decrease In Lender Holdbacks For Improvements
Decrease in lender holdbacks for improvements
Increase in lender hold backs for improvements
Increase Lender Holdbacks For Improvements
Increase in lender holdbacks for improvements
Cash received for the sale of real estate that is not part of an investing activity during the current period and the cash inflow associated with the sale of other investments not otherwise defined in the taxonomy.
Proceeds from sale of real estate and other investments
Proceeds From Sale Of Common Shares Net Of Issue Costs
Proceeds from sale of common shares, net of issue costs
Distributions Paid To Redeemable Noncontrolling Interests Consolidated Real Estate Entities
Distributions paid to redeemable noncontrolling interests - consolidated real estate entities
Payments for partnership unit redemptions.
Redemption of partnership units
Distribution Reinvestment Plan
Distribution Reinvestment Plan
Distribution reinvestment plan
Operating Pertnership Distribution Reinvestment
Operating partnership distribution reinvestment plan
Assets acquired through issuance of operating partnership units
Assets Acquired Through The Issuance Of Operating Partnership Units
Real estate assets acquired through the issuance of operating partnership units
The dollar value of the stock converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.
Operating partnership units converted to shares
The dollar amount of assets that an Entity acquires in a noncash (or part noncash) acquisition that are not presented as a separate disclosure or not otherwise listed in the existing taxonomy. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period.
Adjustments to accounts payable included within real estate investments
Adjustments to accounts payable included within real estate assets
Dollar value of real estate transferred in noncash transactions during the reporting period.
Adjustments to redeemable noncontrolling interests
Fair value adjustments to redeemable noncontrolling interests
Supplemental Disclosure of Cash Flow Information [Abstract]
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash Paid During The Year For [Abstract]
Cash paid during the year for:
The amount of cash paid during the current period for interest owed on mortgages
Interest on mortgages
The amount of cash paid during the current period for interest owed on investment certificates.
Interest on investment certificates
The amount of cash paid during the current period for interest owed on margin account and other
Interest on margin account and other
Interest other
Total Cash Paid During Period.
Total Cash Paid During Period
Cash paid during the period, total
Distributions paid to common shareholders, reinvestment.
Distributions paid to common shareholders, reinvestment
Distributions paid to common shareholders, net of reinvestment of $10,177, $10,627 and $9,762, respectively
Notes To Financial Statements [Abstract]
Abstract for Identified Intangible Assets And Liabilities Note
Identified Intangible Assets And Liabilities Abstract
Abstract for noncontrolling interest note
Minority Interest Disclosure Abstract
Redeemable Noncontrolling Interests.
Redeemable Noncontrolling Interests [Text Block]
REDEEMABLE NONCONTROLLING INTERESTS
Document and Entity Information [Abstract]
Contributions From Noncontrolling Interests
Proceeds from noncontrolling partner - consolidated real estate entities
Common And Preferred Shares Of Beneficial Interest And Equity Abstract
COMMON AND PREFERRED SHARES OF BENEFICIAL INTEREST AND EQUITY
Entity Registrant Name
Entity Central Index Key
Current Fiscal Year End Date
Entity Well-known Seasoned Issuer
Entity Voluntary Filers
Entity Current Reporting Status
Entity Filer Category
Entity Public Float
Entity Common Stock, Shares Outstanding
Payments for acquisition of noncontrolling interests - consolidated real estate entities
Payments for acquisition of noncontrolling interests - consolidated real estate entities