CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Oct. 31, 2015	Apr. 30, 2015
Real estate investments
Property owned	$ 1,763,150	$ 1,546,367
Less accumulated depreciation	(333,570)	(313,308)
Total property owned	1,429,580	1,233,059
Development in progress	89,843	153,994
Unimproved land	22,485	25,827
Total real estate investments	1,541,908	1,412,880
Assets held for sale	115,428	463,103
Cash and cash equivalents	55,133	48,970
Other investments	329	329
Receivable arising from straight-lining of rents, net of allowance of $705 and $718, respectively	16,097	15,617
Accounts receivable, net of allowance of $189 and $438, respectively	4,023	2,865
Real estate deposits	444	2,489
Prepaid and other assets	3,289	3,174
Intangible assets, net of accumulated amortization of $19,839 and $19,610, respectively	25,288	26,213
Tax, insurance, and other escrow	7,440	10,073
Property and equipment, net of accumulated depreciation of $1,213 and $1,464, respectively	1,408	1,542
Goodwill	1,715	1,718
Deferred charges and leasing costs, net of accumulated amortization of $8,622 and $8,077, respectively	9,451	8,864
TOTAL ASSETS	1,781,953	1,997,837
LIABILITIES
Liabilities held for sale	145,565	321,393
Accounts payable and accrued expenses	55,460	56,399
Revolving line of credit	17,500	60,500
Mortgages payable	728,973	668,112
Construction debt and other	128,477	144,111
TOTAL LIABILITIES	$ 1,075,975	$ 1,250,515
COMMITMENTS AND CONTINGENCIES (NOTE 6)
REDEEMABLE NONCONTROLLING INTERESTS - CONSOLIDATED REAL ESTATE ENTITIES	$ 7,105	$ 6,368
Investors Real Estate Trust shareholders' equity
Common Shares of Beneficial Interest (Unlimited authorization, no par value, 122,797,516 shares issued and outstanding at October 31, 2015, and 124,455,624 shares issued and outstanding at April 30, 2015)	936,893	951,868
Accumulated distributions in excess of net income	(455,508)	(438,432)
Total Investors Real Estate Trust shareholders' equity	620,059	652,110
Noncontrolling interests - Operating Partnership (13,890,331 units at October 31, 2015 and 13,999,725 units at April 30, 2015)	55,957	58,325
Noncontrolling interests - consolidated real estate entities	22,857	30,519
Total equity	698,873	740,954
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	1,781,953	1,997,837
Preferred Series A [Member]
Investors Real Estate Trust shareholders' equity
Preferred Shares of Beneficial Interest (Cumulative redeemable preferred shares)	27,317	27,317
Preferred Series B [Member]
Investors Real Estate Trust shareholders' equity
Preferred Shares of Beneficial Interest (Cumulative redeemable preferred shares)	$ 111,357	$ 111,357