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PROPERTY OWNED (Tables)
12 Months Ended
Apr. 30, 2016
PROPERTY OWNED [Abstract]  
Schedule of Future Minimum Lease Payments

The future minimum lease receipts to be received under non-cancellable leases for commercial properties held for investment as of April 30, 2016, assuming that no options to renew or buy out the lease are exercised, are as follows:

 

 

 

 

 

 

Year Ended April 30, 

    

(in thousands)

 

2017

 

$

28,558

 

2018

 

 

26,235

 

2019

 

 

22,289

 

2020

 

 

18,423

 

2021

 

 

17,216

 

Thereafter

 

 

112,551

 

 

 

$

225,272