XML 36 R27.htm IDEA: XBRL DOCUMENT v3.7.0.1
Fair Value Measurements (Tables)
12 Months Ended
Apr. 30, 2017
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value on a Recurring Basis

As required by US GAAP, assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.

 

    Assets Measured at Fair Value on a Recurring
Basis as of April 30, 2017
 
    Level 1     Level 2     Level 3     Total  
Assets:                                
Municipal Bonds         $ 6,038,000           $ 6,038,000  
Corporate Bonds   $ 130,000                 $ 130,000  
REITs         $ 76,000           $ 76,000  
Equity Securities   $ 17,381,000                 $ 17,381,000  
Money Markets and CDs   $ 2,757,000                 $ 2,757,000  
Total fair value of assets measured on a recurring basis   $ 20,268,000     $ 6,114,000           $ 26,382,000  

 

    Assets Measured at Fair Value on a Recurring
Basis as of April 30, 2016
 
    Level 1     Level 2     Level 3     Total  
Assets:                                
Municipal Bonds         $ 6,383,000           $ 6,383,000  
Corporate Bonds   $ 126,000                 $ 126,000  
REITs         $ 44,000           $ 44,000  
Equity Securities   $ 15,499,000                 $ 15,499,000  
Money Markets and CDs   $ 2,478,000                 $ 2,478,000  
Total fair value of assets measured on a recurring basis   $ 18,103,000     $ 6,427,000           $ 24,530,000