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MORTGAGES PAYABLE AND LINE OF CREDIT (Details)
$ in Thousands
3 Months Ended
Jul. 31, 2015
USD ($)
Property
Loan
Apr. 30, 2015
USD ($)
Aggregate amount of required future principal payments on mortgages payable [Abstract]    
Total payments $ 669,734 $ 668,112
Mortgages Payable [Member]    
Mortgages Payable [Abstract]    
Interest rates on mortgages payable range, minimum (in hundredths) 2.69%  
Interest rates on mortgages payable range, maximum (in hundredths) 8.25%  
Mortgages maturity date Jul. 01, 2036  
Number of loans in default | Loan 1  
Non-recourse loan $ 122,600  
Debt instrument maturity date Oct. 06, 2015  
Interest rate on mortgage payable (in hundredths) 5.93%  
Fixed rate mortgages $ 619,200 629,800
Variable rate mortgages $ 50,600 $ 38,300
Weighted average rate of interest on mortgage debt (in hundredths) 4.89% 4.95%
Aggregate amount of required future principal payments on mortgages payable [Abstract]    
2016 (remainder) $ 65,336  
2017 41,973  
2018 39,278  
2019 116,848  
2020 72,598  
Thereafter 333,701  
Total payments 669,734  
Mortgages Payable [Member] | Assets Held for Sale [Member]    
Mortgages Payable [Abstract]    
Minimum future principal payments   $ 293,000
Line of Credit [Member]    
Line of Credit [Abstract]    
Lending commitments $ 100,000  
Number of properties securing line of credit | Property 16  
Line of credit, current interest rate (in hundredths) 4.75%  
Line of credit, minimum outstanding principal balance $ 17,500  
Borrowed amount $ 83,500 $ 60,500
Debt service coverage on aggregate assets 1.25  
Debt service coverage on individual assets 1.00  
Minimum depository accounts $ 6,000  
Non-interest bearing account $ 1,500