XML 27 R34.htm IDEA: XBRL DOCUMENT v2.4.0.8
ACQUISITIONS AND DISPOSITIONS (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Jul. 31, 2013
Jul. 31, 2012
Acquisitions and development projects placed in service [Abstract]    
Land $ 466 $ 4,320
Buildings 5,551 47,328
Intangible assets 362 752
Acquisition costs 6,379 52,400
Results of operations from acquired properties [Abstract]    
Total revenue 186 1,232
Net income (108) (72)
Dispositions [Abstract]    
Sales price 21,785 955
Book value and sales cost 19,842 1,028
Gain/(Loss) 1,943 (73)
Commercial Industrial [Member]
   
Dispositions [Abstract]    
Sales price 19,475  
Book value and sales cost 17,422  
Gain/(Loss) 2,053  
Alps Park - Rapid City, SD [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition May 01, 2013  
Land 287  
Buildings 5,551  
Intangible assets 362  
Acquisition costs 6,200  
Number of apartment units 71  
Bodycote - Eden Prairie, MN [Member] | Commercial Industrial [Member]
   
Dispositions [Abstract]    
Date Disposal May 13, 2013  
Sales price 3,150  
Book value and sales cost 1,375  
Gain/(Loss) 1,775  
Area of a real estate property (in square feet) 41,880  
Chateau II - Minot, ND [Member] | Unimproved Land [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition May 21, 2013  
Land 179  
Buildings 0  
Intangible assets 0  
Acquisition costs 179  
Colony Lincoln, NE [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Jun. 04, 2012
Land   1,515
Buildings   15,731
Intangible assets   254
Acquisition costs   17,500
Number of apartment units   232
Fargo 1320 45th St. N - Fargo, ND [Member] | Commercial Industrial [Member]
   
Dispositions [Abstract]    
Date Disposal May 13, 2013  
Sales price 4,700  
Book value and sales cost 4,100  
Gain/(Loss) 600  
Area of a real estate property (in square feet) 42,244  
Eagan - Eagan, MN [Member] | Commercial Retail [Member]
   
Dispositions [Abstract]    
Date Disposal May 14, 2013  
Sales price 2,310  
Book value and sales cost 2,420  
Gain/(Loss) (110)  
Area of a real estate property (in square feet) 23,187  
Georgetown Square Condominiums 5 and 6 [Member] | Other Disposition [Member]
   
Dispositions [Abstract]    
Date Disposal   Jun. 21, 2012
Sales price   330
Book value and sales cost   336
Gain/(Loss)   (6)
Kentwood Thomasville Kentwood, MI [Member] | Commercial Retail [Member]
   
Dispositions [Abstract]    
Date Disposal   Jun. 20, 2012
Sales price   625
Book value and sales cost   692
Gain/(Loss)   (67)
Area of a real estate property (in square feet)   16,080
Lakeside Village Lincoln, NE [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Jun. 04, 2012
Land   1,215
Buildings   15,837
Intangible assets   198
Acquisition costs   17,250
Number of apartment units   208
Metal Improvement - New Brighton, MN [Member] | Commercial Industrial [Member]
   
Dispositions [Abstract]    
Date Disposal May 13, 2013  
Sales price 2,350  
Book value and sales cost 1,949  
Gain/(Loss) 401  
Area of a real estate property (in square feet) 49,620  
Roseville 2929 Long Lake Road - Roseville, MN [Member] | Commercial Industrial [Member]
   
Dispositions [Abstract]    
Date Disposal May 13, 2013  
Sales price 9,275  
Book value and sales cost 9,998  
Gain/(Loss) (723)  
Area of a real estate property (in square feet) 172,057  
Villa West Topeka, KS [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   May 08, 2012
Land   1,590
Buildings   15,760
Intangible assets   300
Acquisition costs   17,650
Number of apartment units   308
Development Projects Placed in Service [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Land   0
Buildings   7,701
Intangible assets   0
Acquisition costs   7,701
Development Projects Placed in Service [Member] | Quarry Ridge II Rochester, MN [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Jun. 29, 2012 [1]
Land   0 [1]
Buildings   3,543 [1]
Intangible assets   0 [1]
Acquisition costs   3,543 [1]
Number of apartment units   159 [1]
Development Projects Placed in Service [Member] | Williston Garden Buildings 3 and 4 Williston, ND [Member] | Multi-Family Residential [Member]
   
Acquisitions and development projects placed in service [Abstract]    
Date Acquisition   Jul. 31, 2012 [2]
Land   0 [2]
Buildings   4,158 [2]
Intangible assets   0 [2]
Acquisition costs   $ 4,158 [2]
Number of apartment units   73 [2]
[1] (1) Development property placed in service June 29, 2012. Additional costs paid in fiscal years 2012 and 2011, and land acquired in fiscal year 2007, totaled $13.0 million, for a total project cost at July 31, 2012 of $16.5 million.
[2] (2) Development property placed in service July 31, 2012. Buildings 1 and 2 were placed in service in fiscal year 2012. Additional costs paid in fiscal year 2012 totaled $12.0 million, for a total project cost at July 31, 2012 of $16.2 million.