MORTGAGES PAYABLE AND LINE OF CREDIT (Tables)

3 Months Ended

Jul. 31, 2015

MORTGAGES PAYABLE AND LINE OF CREDIT [Abstract]

Aggregate Amount of Required Future Principal Payments on Mortgages payable

The aggregate amount of required future principal payments on mortgages payable as of July 31, 2015, excluding $293.0 million in outstanding mortgage indebtedness related to assets held for sale, is as follows:

Fiscal year ended April 30,	(in thousands)
2016 (remainder)	$	65,336
2017		41,973
2018		39,278
2019		116,848
2020		72,598
Thereafter		333,701
Total payments	$	669,734