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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Apr. 30, 2014
Apr. 30, 2013
Real estate investments    
Property owned $ 1,996,031 $ 2,032,970 [1]
Less accumulated depreciation (424,288) (420,421) [1]
Total property owned 1,571,743 1,612,549 [1]
Development in progress 104,609 46,782 [1]
Unimproved land 22,864 21,503 [1]
Total real estate investments 1,699,216 1,680,834 [1]
Other assets    
Real estate held for sale 2,951 0 [1]
Cash and cash equivalents 47,267 94,133 [1]
Other investments 329 639 [1]
Receivable arising from straight-lining of rents, net of allowance of $796 and $830, respectively 27,096 26,354 [1]
Accounts receivable, net of allowance of $248 and $563, respectively 10,206 4,534 [1]
Real estate deposits 145 196 [1]
Prepaid and other assets 4,639 5,124 [1]
Intangible assets, net of accumulated amortization of $24,071 and $27,708, respectively 32,639 40,457 [1]
Tax, insurance, and other escrow 20,880 12,569 [1]
Property and equipment, net of accumulated depreciation of $2,041 and $1,673, respectively 1,681 1,221 [1]
Goodwill 1,100 1,106 [1]
Deferred charges and leasing costs, net of accumulated amortization of $21,068 and $18,714, respectively 21,072 22,387 [1]
TOTAL ASSETS 1,869,221 1,889,554 [1]
LIABILITIES    
Accounts payable and accrued expenses 59,105 50,797 [1]
Revolving line of credit 22,500 10,000 [1]
Mortgages payable 997,689 1,049,206 [1]
Other 63,178 18,170 [1]
TOTAL LIABILITIES 1,142,472 1,128,173 [1]
COMMITMENTS AND CONTINGENCIES (NOTE 15)       [1]
REDEEMABLE NONCONTROLLING INTERESTS - CONSOLIDATED REAL ESTATE ENTITIES 6,203 5,937 [1]
Statement [Line Items]    
Common Shares of Beneficial Interest (Unlimited authorization, no par value, 109,019,341 shares issued and outstanding at April 30, 2014, and 101,487,976 shares issued and outstanding at April 30, 2013) 843,268 784,454 [1]
Accumulated distributions in excess of net income (389,758) (310,341) [1]
Total Investors Real Estate Trust shareholders' equity 592,184 612,787 [1]
Noncontrolling interests - Operating Partnership (21,093,445 units at April 30, 2014 and 21,635,127 units at April 30, 2013) 105,724 122,539 [1]
Noncontrolling interests - consolidated real estate entities 22,638 20,118 [1]
Total equity 720,546 [1] 755,444 [1]
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY 1,869,221 1,889,554 [1]
Preferred Class A [Member]
   
Statement [Line Items]    
Preferred Shares of Beneficial Interest (Cumulative redeemable preferred shares) 27,317 27,317 [1]
Preferred Class B [Member]
   
Statement [Line Items]    
Preferred Shares of Beneficial Interest (Cumulative redeemable preferred shares) $ 111,357 $ 111,357 [1]
[1] (as revised)