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EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended
Jul. 31, 2015
Jul. 31, 2014
EARNINGS PER SHARE [Abstract]    
Redemption basis one-for-one  
Period to hold the beneficial interest, minimum 1 year  
NUMERATOR [Abstract]    
Income (loss) from continuing operations - Investors Real Estate Trust $ 5,161 $ (671)
(Loss) income from discontinued operations - Investors Real Estate Trust (621) 520
Net income (loss) attributable to Investors Real Estate Trust 4,540 (151)
Dividends to preferred shareholders (2,879) (2,879)
Numerator for basic earnings per share - net income (loss) available to common shareholders 1,661 (3,030)
Noncontrolling interests - Operating Partnership 186 (402)
Numerator for diluted earnings per share $ 1,847 $ (3,432)
DENOMINATOR [Abstract]    
Denominator for basic earnings per share weighted average shares (in shares) 124,855 111,039
Effect of convertible operating partnership units (in shares) 13,951 20,293
Denominator for diluted earnings per share (in shares) 138,806 131,332
Earnings (loss) per common share from continuing operations - Investors Real Estate Trust - basic and diluted $ 0.02 $ (0.03)
Loss per common share from discontinued operations - Investors Real Estate Trust - basic and diluted (0.01) 0
NET INCOME (LOSS) PER COMMON SHARE - BASIC & DILUTED (in dollars per share) $ 0.01 $ (0.03)