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SEGMENT REPORTING (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Oct. 31, 2017
segment
Jul. 31, 2018
USD ($)
Jul. 31, 2017
USD ($)
Apr. 30, 2016
segment
Apr. 30, 2018
USD ($)
Apr. 30, 2017
USD ($)
Segment Reporting Information [Line Items]            
Number of reportable segments | segment 2     5    
Segment revenues and net operating income [Abstract]            
Real estate revenue   $ 45,946 $ 40,978      
Net operating income (loss)   26,417 23,451      
Real Estate Insurance   (225) (485)      
Depreciation/amortization   (18,612) (25,338)      
Impairment of real estate investments     (256)      
General and administrative expenses   (3,870) (4,002)      
Interest expense   (8,385) (8,131)      
Loss on extinguishment of debt   (552) (199)      
Interest and other income   516 228      
Loss before gain on sale of real estate and other investments and income from discontinued operations   (6,078) (16,088)      
Gain on sale of real estate and other investments   9,224 124      
Income (loss) from continuing operations   3,146 (15,964)      
Income (loss) from discontinued operations   570 2,685      
NET INCOME (LOSS)   3,716 (13,279)      
Segment Assets [Abstract]            
Property owned   1,636,233     $ 1,669,764  
Less accumulated depreciation   (326,772)     (311,324)  
Total property owned   1,309,461     1,358,440  
Cash and cash equivalents   16,261   11,891 $ 0
Restricted cash   4,103 3,713   4,225  
Other assets   27,885     30,297  
Unimproved land   7,926     11,476  
Mortgage loans receivable   10,530     10,329  
TOTAL ASSETS   1,376,166     1,426,658  
Multi-Family Residential [Member] | Operating Segments [Member]            
Segment revenues and net operating income [Abstract]            
Real estate revenue   43,089 35,999      
Net operating income (loss)   24,603 20,265      
Segment Assets [Abstract]            
Property owned   1,576,345     1,606,421  
Less accumulated depreciation   (309,862)     (294,477)  
Total property owned   1,266,483     1,311,944  
All Other [Member] | Operating Segments [Member]            
Segment revenues and net operating income [Abstract]            
Real estate revenue   2,857 4,979      
Net operating income (loss)   1,814 3,186      
Segment Assets [Abstract]            
Property owned   59,888     63,343  
Less accumulated depreciation   (16,910)     (16,847)  
Total property owned   42,978     $ 46,496  
Real Estate [Member]            
Segment revenues and net operating income [Abstract]            
Cost of goods and services sold   (19,529) (17,527)      
Real Estate [Member] | Multi-Family Residential [Member] | Operating Segments [Member]            
Segment revenues and net operating income [Abstract]            
Cost of goods and services sold   (18,486) (15,734)      
Real Estate [Member] | All Other [Member] | Operating Segments [Member]            
Segment revenues and net operating income [Abstract]            
Cost of goods and services sold   (1,043) (1,793)      
Management Service [Member]            
Segment revenues and net operating income [Abstract]            
Cost of goods and services sold   $ (1,367) $ (1,356)