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Fair Value Measurements (Tables)
9 Months Ended
Jan. 31, 2019
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value On 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

January 31, 2019

 
    Level 1     Level 2     Level 3     Total  
Assets:                                
Municipal Bonds   $     $ 5,464,000     $     $ 5,464,000  
Corporate Bonds     57,000                   57,000  
REITs           87,000             87,000  
Equity Securities     18,986,000                   18,986,000  
Money Markets and CDs     1,176,000                   1,176,000  
Total fair value of assets measured on a recurring basis   $ 20,219,000     $ 5,551,000     $     $ 25,770,000  

 

   

Assets Measured at Fair Value on a Recurring Basis as of

April 30, 2018

 
    Level 1     Level 2     Level 3     Total  
Assets:                                
Municipal Bonds   $     $ 5,741,000     $     $ 5,741,000  
Corporate Bonds     131,000                   131,000  
REITs           106,000             106,000  
Equity Securities     19,333,000                   19,333,000  
Money Markets and CDs     1,035,000                   1,035,000  
Total fair value of assets measured on a recurring basis   $ 20,499,000     $ 5,847,000     $     $ 26,346,000