XML 47 R34.htm IDEA: XBRL DOCUMENT v2.4.0.6
DISCONTINUED OPERATIONS (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Jul. 31, 2012
Jul. 31, 2011
DISCONTINUED OPERATIONS [Abstract]    
Number of apartment complexes sold 2  
Number of retail properties sold 1  
REVENUE    
Real estate rentals $ 51,755 $ 48,826
Tenant reimbursement 10,655 10,731
TOTAL REVENUE 62,410 59,557
EXPENSES    
Depreciation/amortization related to real estate investments 15,453 14,139
Utilities 4,231 3,985
Maintenance 7,422 6,821
Real estate taxes 8,387 7,799
Insurance 921 876
Property management expenses 4,107 5,378
Other expenses 519 315
Amortization related to non-real estate investments 833 734
TOTAL EXPENSES 43,969 42,228
Interest expense (16,517) (15,881)
Interest income 18 53
INCOME FROM DISCONTINUED OPERATIONS (70) (28)
Discontinued Operations [Member]
   
REVENUE    
Real estate rentals 9 74
Tenant reimbursement 1 (3)
TOTAL REVENUE 10 71
EXPENSES    
Depreciation/amortization related to real estate investments 0 27
Utilities 0 13
Maintenance 3 7
Real estate taxes 3 4
Insurance 1 1
Property management expenses 0 3
TOTAL EXPENSES 7 55
Interest expense 0 (44)
Income from discontinued operations before gain on sale 3 (28)
Gain on sale of discontinued operations (73) 0
INCOME FROM DISCONTINUED OPERATIONS $ (70) $ (28)