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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Oct. 31, 2013
Apr. 30, 2013
Real estate investments    
Property owned $ 2,032,747 $ 2,032,970
Less accumulated depreciation (431,318) (420,421)
Total property owned 1,601,429 1,612,549
Development in progress 90,052 46,782
Unimproved land 21,619 21,503
Total real estate investments 1,713,100 1,680,834
Other assets    
Real estate held for sale 2,620 0
Cash and cash equivalents 68,727 94,133
Other investments 642 639
Receivable arising from straight-lining of rents, net of allowance of $784 and $830, respectively 26,336 26,354
Accounts receivable, net of allowance of $235 and $563, respectively 6,541 4,534
Real estate deposits 230 196
Prepaid and other assets 7,605 5,124
Intangible assets, net of accumulated amortization of $21,418 and $27,708, respectively 35,625 40,457
Tax, insurance, and other escrow 11,864 12,569
Property and equipment, net of accumulated depreciation of $1,839 and $1,673, respectively 1,191 1,221
Goodwill 1,100 1,106
Deferred charges and leasing costs, net of accumulated amortization of $20,114 and $18,714, respectively 20,666 22,387
TOTAL ASSETS 1,896,247 1,889,554
LIABILITIES    
Accounts payable and accrued expenses 57,453 50,797
Revolving line of credit 10,000 10,000
Mortgages payable 1,021,170 1,049,206
Other 31,689 18,170
TOTAL LIABILITIES 1,120,312 1,128,173
Statement [Line Items]    
Series A Preferred Shares of Beneficial Interest (Cumulative redeemable preferred shares, no par value, 1,150,000 shares issued and outstanding at October 31, 2013 and April 30, 2013, aggregate liquidation preference of $28,750,000) 27,317 27,317
Series B Preferred Shares of Beneficial Interest (Cumulative redeemable preferred shares, no par value, 4,600,000 shares issued and outstanding at October 31, 2013 and April 30, 2013, aggregate liquidation preference of $115,000,000) 111,357 111,357
Common Shares of Beneficial Interest (Unlimited authorization, no par value, 105,553,856 shares issued and outstanding at October 31, 2013, and 101,487,976 shares issued and outstanding at April 30, 2013) 818,516 784,454
Accumulated distributions in excess of net income (331,116) (310,341)
Total Investors Real Estate Trust shareholders' equity 626,074 612,787
Noncontrolling interests - Operating Partnership (21,836,285 units at October 31, 2013 and 21,635,127 units at April 30, 2013) 120,678 122,539
Noncontrolling interests - consolidated real estate entities 29,183 26,055
Total equity 775,935 761,381
TOTAL LIABILITIES AND EQUITY $ 1,896,247 $ 1,889,554