AMREP (AXR) 10-K 29 Jul 14 2014 FY Annual report Financial data

Document_And_Entity_Informatio

Document And Entity Information (USD $)	12 Months Ended
	Apr. 30, 2014	Jul. 18, 2014	Oct. 31, 2013
Document Information [Line Items]	'	'	'
Entity Registrant Name	'AMREP CORP.	'	'
Entity Central Index Key	'0000006207	'	'
Current Fiscal Year End Date	'--04-30	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Trading Symbol	'AXR	'	'
Entity Common Stock, Shares Outstanding	'	8,056,454	'
Document Type	'10-K	'	'
Amendment Flag	'false	'	'
Document Period End Date	30-Apr-14	'	'
Document Fiscal Period Focus	'FY	'	'
Document Fiscal Year Focus	'2014	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Voluntary Filers	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Public Float	'	'	$32,084,472

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Apr. 30, 2014	Apr. 30, 2013
In Thousands, unless otherwise specified
ASSETS	'	'
CASH AND CASH EQUIVALENTS	$12,929	$13,714
RECEIVABLES, net:	'	'
Media Services operations	43,497	47,203
Real estate operations and corporate	0	107
Accounts Receivable Net	43,497	47,310
REAL ESTATE INVENTORY	71,289	73,906
INVESTMENT ASSETS, net	10,234	10,876
PROPERTY, PLANT AND EQUIPMENT, net	23,819	25,286
INTANGIBLE AND OTHER ASSETS, net	14,126	14,975
TAXES RECEIVABLE	12	175
DEFERRED INCOME TAXES, net	9,042	9,614
TOTAL ASSETS	184,948	195,856
LIABILITIES:	'	'
ACCOUNTS PAYABLE, NET AND ACCRUED EXPENSES	74,636	85,340
NOTES PAYABLE:	'	'
Amounts due within one year	218	144
Amounts due beyond one year	5,245	4,827
Amounts due to related party - due beyond one year	15,141	16,007
Notes Payable	20,604	20,978
OTHER LIABILITIES	3,058	3,192
ACCRUED PENSION COST	7,349	13,805
TOTAL LIABILITIES	105,647	123,315
SHAREHOLDERS' EQUITY:	'	'
Common stock, $.10 par value; shares authorized - 20,000,000; shares issued - 7,444,704 at April 30, 2014 and 7,420,704 at April 30, 2013	744	742
Capital contributed in excess of par value	46,264	46,100
Retained earnings	45,683	63,920
Accumulated other comprehensive loss, net	-9,175	-11,564
Treasury stock, at cost - 225,250 shares at April 30, 2014 and 1,424,492 shares at April 30, 2013	-4,215	-26,657
TOTAL SHAREHOLDERS' EQUITY	79,301	72,541
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$184,948	$195,856

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS [Parenthetical] (USD $)	Apr. 30, 2014	Apr. 30, 2013
Common stock, par value (in dollars per share)	$0.10	$0.10
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	7,444,704	7,420,704
Treasury stock, shares	225,250	1,424,492

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Apr. 30, 2014		Apr. 30, 2013		Apr. 30, 2012
REVENUES:	'		'		'
Media Services operations	$83,619		$82,105		$83,447
Real estate land sales	3,634		833		1,889
Other	84		63		24
Revenues	87,337	[1]	83,001	[1],[2]	85,360	[1]
COSTS AND EXPENSES:	'		'		'
Real estate land sales	2,784		515		266
Operating expenses:	'		'		'
Media Services operations	72,494		69,880		70,076
Real estate selling expenses	238		227		257
Other	1,658		1,338		1,624
General and administrative:	'		'		'
Media Services operations	7,203		8,079		8,783
Real estate operations and corporate	4,051		4,537		4,420
Impairment of assets	955		1,511		570
Interest expense	1,794		1,511		1,403
Costs and Expenses, Total	91,177		87,598		87,399
LOSS BEFORE INCOME TAXES	-3,840		-4,597		-2,039
BENEFIT FOR INCOME TAXES	-901		-1,759		-896
NET LOSS	($2,939)		($2,838)	[2]	($1,143)
LOSS PER SHARE - BASIC AND DILUTED (in dollars per share)	($0.42)		($0.47)		($0.19)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (in shares)	6,988		5,996		5,996
[1]	Revenue information provided for each segment includes amounts grouped as Interest and other in the accompanying statements of operations. Corporate revenue is net of an intercompany revenue elimination.
[2]	The Subscription Fulfillment Services business includes $1,759,000 of revenues and a $208,000 net loss from the operations of FulCircle for the four month period ended April 30, 2013.

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013		Apr. 30, 2012
Net loss	($2,939)	($2,838)	[1]	($1,143)
Other comprehensive income (loss), net of tax:	'	'		'
Minimum pension liability	2,389	734		-3,158
Other comprehensive income (loss)	2,389	734		-3,158
Total comprehensive income (loss)	($550)	($2,104)		($4,301)
[1]	The Subscription Fulfillment Services business includes $1,759,000 of revenues and a $208,000 net loss from the operations of FulCircle for the four month period ended April 30, 2013.

CONSOLIDATED_STATEMENTS_OF_SHA

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (USD $)	Total		Common Stock [Member]	Other Additional Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]
In Thousands, except Share data
Balance at Apr. 30, 2011	$78,946		$742	$46,100	$67,901	($9,140)	($26,657)
Balance (in shares) at Apr. 30, 2011	'		7,421	'	'	'	'
Net loss	-1,143		0	0	-1,143	0	0
Other comprehensive income (loss)	-3,158		0	0	0	-3,158	0
Balance at Apr. 30, 2012	74,645		742	46,100	66,758	-12,298	-26,657
Balance (in shares) at Apr. 30, 2012	'		7,421	'	'	'	'
Net loss	-2,838	[1]	0	0	-2,838	0	0
Other comprehensive income (loss)	734		0	0	0	734	0
Balance at Apr. 30, 2013	72,541		742	46,100	63,920	-11,564	-26,657
Balance (in shares) at Apr. 30, 2013	'		7,421	'	'	'	'
Net loss	-2,939		0	0	-2,939	0	0
Other comprehensive income (loss)	2,389		0	0	0	2,389	0
Issuance of common stock from treasury shares	7,144		0	0	-15,298	0	22,442
Issuance of restricted common stock	166		2	164	0	0	0
Issuance of restricted common stock (in shares)	'		24	'	'	'	'
Balance at Apr. 30, 2014	$79,301		$744	$46,264	$45,683	($9,175)	($4,215)
Balance (in shares) at Apr. 30, 2014	'		7,445	'	'	'	'
[1]	The Subscription Fulfillment Services business includes $1,759,000 of revenues and a $208,000 net loss from the operations of FulCircle for the four month period ended April 30, 2013.

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013		Apr. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'		'
Net loss	($2,939)	($2,838)	[1]	($1,143)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:	'	'		'
Impairment of assets	955	1,511		570
Depreciation and amortization	3,730	3,762		4,979
Non-cash credits and charges:	'	'		'
Pension accrual	1,115	1,885		1,371
Provision for (recoveries of) doubtful accounts	2,458	1,778		-568
Loss on disposition of assets	58	40		121
Stock-based compensation	47	0		0
Changes in assets and liabilities:	'	'		'
Receivables	1,355	-8,489		4,824
Real estate inventory and investment assets	2,573	370		-396
Intangible and other assets	-640	-661		325
Accounts payable and accrued expenses	-10,703	-1,706		-1,730
Taxes receivable and payable	163	-610		392
Deferred income taxes and other long-term liabilities	-1,026	-2,084		-1,526
Accrued pension costs	-3,718	-4,572		-1,407
Net cash provided by (used in) operating activities	-6,572	-11,614		5,812
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'		'
Capital expenditures - property, plant and equipment	-1,411	-1,049		-1,073
Acquisition of business, net of cash acquired	0	-1,123		0
Proceeds from disposition of assets	428	0		12
Net cash used in investing activities	-983	-2,172		-1,061
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'		'
Proceeds from issuance of common stock, net	7,144	0		0
Proceeds from debt financing	28,097	21,219		13,503
Principal debt payments	-28,471	-21,566		-16,163
Net cash provided by (used in) financing activities	6,770	-347		-2,660
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	-785	-14,133		2,091
Cash and cash equivalents, beginning of year	13,714	27,847		25,756
Cash and cash equivalents, end of year	12,929	13,714		27,847
SUPPLEMENTAL CASH FLOW INFORMATION:	'	'		'
Interest paid	1,790	1,467		1,468
Income taxes paid (refunded), net	-37	881		237
Non-cash transactions:	'	'		'
Transfer to investment assets from receivables	$0	$0		$451
[1]	The Subscription Fulfillment Services business includes $1,759,000 of revenues and a $208,000 net loss from the operations of FulCircle for the four month period ended April 30, 2013.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING AND FINANCIAL REPORTING POLICIES:	12 Months Ended
	Apr. 30, 2014
Accounting Policies [Abstract]	'
Significant Accounting Policies [Text Block]	'
	-1	SUMMARY OF SIGNIFICANT ACCOUNTING AND FINANCIAL REPORTING POLICIES:
	Organization and principles of consolidation
	The consolidated financial statements include the accounts of AMREP Corporation, an Oklahoma corporation, and its subsidiaries (individually and collectively, as the context requires, the “Company”). The Company, through its subsidiaries, is primarily engaged in four business segments: the Subscription Fulfillment Services business operated by Palm Coast Data LLC (“Palm Coast”) and its subsidiary, FulCircle Media, LLC (“FulCircle”), the Newsstand Distribution Services business and the Product Packaging and Fulfillment Services and Staffing businesses operated by Kable Media Services, Inc. and its subsidiaries (“Kable”) (the Subscription Fulfillment Services business, the Newsstand Distribution Services business and the Product Packaging and Fulfillment Services and Staffing businesses are collectively referred to as “Media Services”) and the real estate business operated by AMREP Southwest Inc. (“AMREP Southwest”) and its subsidiaries. The results of FulCircle have been included in the Subscription Fulfillment Services business segment since that subsidiary acquired certain assets from a third party on December 31, 2012. All significant intercompany accounts and transactions have been eliminated in consolidation.
	The consolidated balance sheets are presented in an unclassified format since the Company has substantial operations in the real estate industry and its operating cycle is greater than one year. Certain 2013 and 2012 balances in these financial statements have been reclassified to conform to the current year presentation with no effect on the net income or loss or shareholders’ equity.
	Fiscal year
	The Company’s fiscal year ends on April 30. All references to 2014, 2013 and 2012 mean the fiscal years ended April 30, 2014, 2013 and 2012, unless the context otherwise indicates.
	Revenue recognition
	Media Services - Revenues from Media Services operations include revenues from magazine subscription fulfillment, the distribution of periodicals, product packaging and fulfillment services and temporary staffing services. Revenues from Subscription Fulfillment Services activities represent fees from the maintenance of computer files for customers and other fulfillment activities, including customer telephone support, and graphic arts and lettershop services, all of which are billed and earned monthly as the services are provided. In accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 605-45, certain reimbursed postage costs are accounted for on a net basis. Newsstand Distribution Services revenues principally represent commissions earned from the distribution of publications for client publishers and are recorded by the Company at the time the publications go on sale at the retail level, in accordance with ASC 605-15. Because the publications are sold throughout the distribution chain on a fully-returnable basis in accordance with prevailing industry practice, the Company provides for estimated returns from wholesalers at the time the publications go on sale by charges to income that are based on historical experience and the most recent sales data for publications on an issue-by-issue basis, and then simultaneously provides for estimated credits from publishers for the related returns. Accordingly, revenues represent the difference between the Company’s estimates of its net sales to wholesalers and its net purchases from publisher clients. Estimates are continually re-evaluated throughout the sales process, and final settlement is typically made 90 days after a magazine’s “off-sale” date.
	Real Estate - Land sales are recognized when all elements of ASC 360-20 are met, including when the parties are bound by the terms of the contract, all consideration (including adequate cash) has been exchanged, title and other attributes of ownership have been conveyed to the buyer by means of a closing and the Company is not obligated to perform further significant development of the specific property sold. Profit is recorded either in its entirety or on the installment method depending upon, among other things, the ability to estimate the collectability of the unpaid sales price. In the event the buyer defaults on an obligation with respect to real estate inventory which has been sold, the property may be repossessed (“take-back lots”). When repossessed, take-back lots are taken into inventory at fair market value less estimated costs to sell. Fair market value is supported by current third party appraisals.
	Cost of land sales includes all direct acquisition costs and other costs specifically identified with the property, including pre-acquisition costs and capitalized real estate taxes and interest, and an allocation of certain common development costs (such as roads, sewers and amenities) associated with the entire project. Common development costs include the installation of utilities and roads, and may be based upon estimates of cost to complete. The allocation of costs is based on the relative fair value of the property before development. Estimates and cost allocations are reviewed on a regular basis until a project is substantially completed, and are revised and reallocated as necessary on the basis of current estimates.
	Cash and cash equivalents
	Cash equivalents consist of highly liquid investments that have an original maturity of ninety days or less and are readily convertible into cash.
	Receivables
	Receivables are carried at original invoice or closing statement amounts less estimates made for doubtful accounts and, in the case of Newsstand Distribution Services receivables, return allowances. Management determines the allowances for doubtful accounts by reviewing and identifying troubled accounts and by using historical experience applied to an aging of accounts. A receivable is considered to be past due if any portion of the receivable balance is outstanding for more than ninety days. Receivables are written off when deemed uncollectible. Recoveries of receivables previously written off are recorded when received.
	Receivables for the Newsstand Distribution Services business are based on estimates of allowances for magazine returns to the Company from wholesalers and the offsetting return of magazines by the Company to publishers for credit and are determined on an issue-by-issue basis utilizing historical experience and current sales information.
	Real estate inventory
	The Company accounts for its real estate inventories in accordance with ASC 360-10. The cost basis of the land and improvements includes all direct acquisition costs including development costs, certain amenities, capitalized interest, capitalized real estate taxes and other costs. Interest and real estate taxes are not capitalized unless active development is underway. Land and improvements on land held for future development or sale are stated at accumulated cost and tested for recoverability as described below under “Impairment of long-lived assets”. Take-back lots (as discussed above under “Revenue recognition”) are initially recorded at fair market value less estimated costs to sell, establishing a new cost basis and are subsequently measured at the lower of cost or fair market value less estimated costs to sell.
	Real estate inventory is to be evaluated and reviewed for impairment when events or changes in circumstances indicate the carrying value of an asset may not be recoverable. Provisions for impairment are recorded when undiscounted cash flows estimated to be generated by those assets are less than the carrying amount of the assets. The amount of impairment would be equal to the difference between the carrying value of an asset and its fair value.
	For real estate projects under development, an estimate of future cash flows on an undiscounted basis is determined using estimated future expenditures necessary to complete such projects and using management’s best estimates about sales prices and holding periods. The estimation process involved in determining if assets have been impaired and in the determination of estimated future cash flows is inherently uncertain because it requires estimates of future revenues and costs, as well as future events and conditions. If the excess of undiscounted cash flows over the carrying value of a project is small, there is a greater risk of future impairment and any resulting impairment charges could be material. Due to the subjective nature of the estimates and assumptions used in determining future cash flows, actual results could differ materially from current estimates and the Company may be required to recognize additional impairment charges in the future.
	Investment assets
	Investment assets primarily consist of investment land, which represents vacant, undeveloped land not held for development or sale in the normal course of business, and is stated at the lower of cost or fair market value less estimated costs to sell.
	Property, plant and equipment
	Items capitalized as part of property, plant and equipment are recorded at cost. Expenditures for maintenance and repair and minor renewals are charged to expense as incurred, while those expenditures that improve or extend the useful life of existing assets are capitalized. Upon the sale or other disposition of assets, their cost and the related accumulated depreciation or amortization are removed from the accounts and the resulting gain or loss, if any, is reflected in operations.
	Depreciation and amortization of property, plant and equipment are provided principally by the straight-line method at various rates calculated to amortize the book values of the respective assets over their estimated useful lives, which generally are 10 years or less for furniture and fixtures (including equipment) and 25 to 40 years for buildings and improvements.
	Impairment of long-lived assets
	The Company accounts for it long-lived assets, including certain real estate, property, plant and equipment, and intangible and other assets, in accordance with ASC 360-10. Asset impairment determinations are based upon the intended use of assets, expected future cash flows and estimates of fair value of assets. Testing of operating asset groups includes an estimate of future cash flows on an undiscounted basis using estimated revenue streams, operating margins and administrative expenses. Similar to real estate inventory, the estimation process involved in determining if assets have been impaired and in the determination of estimated future cash flows is inherently uncertain because it requires estimates of future revenues and costs, as well as future events and conditions.
	Income taxes
	Deferred income tax assets and liabilities are determined based on differences between the financial reporting and tax bases of assets and liabilities, and are measured by using currently enacted tax rates expected to apply to taxable income in the years in which those differences are expected to reverse. The Company provides a valuation allowance against net deferred tax assets unless, based upon the available evidence, it is more likely than not that the deferred tax assets will be realized.
	Earnings (loss) per share
	Basic earnings (loss) per share is based on the weighted average number of common shares outstanding during each year. The restricted shares of common stock (see Note 11) are not included in the computation of basic earnings per share, as they are considered contingently returnable shares. The restricted shares of common stock are included in diluted earnings per share if they are dilutive. Due to the net loss for all periods presented, all such potentially dilutive shares have been excluded in the computation of diluted earnings per share because they are anti-dilutive.
	Pension plan
	The Company recognizes the over-funded or under-funded status of its defined benefit retirement plan as an asset or liability as of the date of its year-end statement of financial position and changes in that funded status in the year in which the changes occur through comprehensive income (loss).
	Comprehensive income (loss)
	Comprehensive income (loss) is defined as the change in equity during a period from transactions and other events from non-owner sources.    Total comprehensive income (loss) is the total of net income (loss) and other comprehensive income (loss) that, for the Company, consists solely of the minimum pension liability net of the related deferred income tax effect.
	Management’s estimates and assumptions
	The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Significant estimates that affect the financial statements include, but are not limited to, (i) the determination of revenue recognition for the Newsstand Distribution Services business, which is based on estimates of allowances for magazine returns to the Company from wholesalers and the offsetting returns of magazines by the Company to publishers for credit; (ii) allowances for doubtful accounts; (iii) real estate cost of sales calculations, which are based on land development budgets and estimates of costs to complete; (iv) cash flow and valuation assumptions in performing asset impairment tests of long-lived assets (including real estate inventories) and assets held for sale; (v) actuarially determined benefit obligation and other pension plan accounting and disclosures; (vi) risk assessment of uncertain tax positions; (vii) the determination of the recoverability of net deferred tax assets; and (viii) legal contingencies. The Company bases its significant estimates on historical experience and on various other assumptions that management believes are reasonable under the circumstances. Actual results could differ from these estimates.
	Recent Accounting Pronouncements
	The Company has evaluated the recent accounting pronouncements through the date the financial statements were issued and filed with the Securities and Exchange Commission and believes that none of them will have a material effect on the Company’s financial statements.

RECEIVABLES

RECEIVABLES:	12 Months Ended
	Apr. 30, 2014
Receivables [Abstract]	'
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	'
	-2	RECEIVABLES:
	Receivables consist of:
			April 30,
			2014		2013
			(in thousands)
	Media Services operations:
	Subscription Fulfillment Services		$	11,406	$	12,751
	Newsstand Distribution Services, net of estimated returns			31,226		33,956
	Product Packaging and Fulfillment Services and Staffing			3,978		2,675
				46,610		49,382
	Less reserves for doubtful accounts			-3,113		-2,179
			$	43,497	$	47,203
	Real estate operations and corporate:
	Mortgage notes and other receivables		$	-	$	107
	The Company extends credit to various companies in its real estate and Media Services businesses that may be affected by changes in economic or other external conditions. Financial instruments that may potentially subject the Company to a significant concentration of credit risk primarily consist of trade accounts receivable from wholesalers in the magazine distribution industry. Approximately 77% and 76% of the Newsstand Distribution Services accounts receivable before reserves were due from three wholesalers at April 30, 2014 and 2013. As a result of the concentration of accounts receivable in these wholesalers, the Company could be adversely affected by adverse changes in their financial condition or other factors negatively affecting these companies. As noted below, at the end of May 2014, one of these wholesalers announced that it planned to discontinue operations, and it filed for bankruptcy in June 2014.
	As industry practices allow, the Company’s policy is to manage its exposure to credit risk through credit approvals and limits and, on occasion (particularly in connection with real estate sales), the taking of collateral. The Company also provides an allowance for doubtful accounts for potential losses based upon factors surrounding the credit risk of specific customers, historical trends and other financial and non-financial information.
	Because the publications distributed by the Newsstand Distribution Services business, which is operated by Kable Distribution Services, Inc. (“Kable Distribution”), a subsidiary of Kable Media Services, Inc., are sold throughout the distribution chain on a fully-returnable basis in accordance with prevailing industry practice, the Company provides for estimated returns from wholesalers at the time the publications go on sale by charges to income that are based on historical experience and most recent sales data for publications on an issue-by-issue basis, and then simultaneously provides for estimated credits from publishers for the related returns. The financial impact to the Company of a change in the sales estimate for magazines returned to it from its wholesalers is substantially offset by the simultaneous change in the Company’s estimate of its cost of purchases since it passes on the returns to publishers for credit. Newsstand Distribution Services accounts receivable was net of estimated magazine returns of $70,437,000 and $75,897,000 at April 30, 2014 and 2013.
	A significant wholesaler and a customer of Kable Distribution announced at the end of May 2014 that it planned to discontinue operations and it filed for bankruptcy in June 2014. Kable Distribution recorded a charge to operations of $1,300,000 in the fourth quarter of 2014, which was substantially all of the estimated net accounts receivable due to Kable Distribution from this wholesaler offset against estimates of other credits between the parties.
	A sub-distributor of magazines and a customer of Kable Distribution announced during the third quarter of 2014 that it planned to discontinue operations. Kable Distribution recorded a charge to operations of $700,000 in the third quarter of 2014, which was substantially all of the estimated net accounts receivable due to Kable Distribution from this sub-distributor offset against estimates of other credits between the parties.
	A significant wholesaler and a customer of Kable Distribution announced during the fourth quarter of 2013 that it was encountering liquidity issues and presented a restructuring plan to all national magazine distributors. Kable Distribution recorded a charge to operations of $2,000,000 in the fourth quarter of 2013, which was substantially all of the estimated net accounts receivable due to Kable Distribution from this wholesaler offset against estimates of other credits between the parties. As a result of cash payments received from this wholesaler, higher magazine return activity than expected and an updated estimate of future magazine returns, Kable Distribution revised its original estimate of bad debt expense and reduced the reserve by $400,000 during 2014.
	The real estate mortgage note receivable from land sales at April 30, 2013 had an interest rate of 8.50%. The mortgage note receivable was collected in full during 2014.

REAL_ESTATE_INVENTORY

REAL ESTATE INVENTORY:	12 Months Ended
	Apr. 30, 2014
Inventory, Real Estate [Abstract]	'
Real Estate Disclosure [Text Block]	'
	-3	REAL ESTATE INVENTORY:
	Real estate inventory consists of land and improvements held for sale or development. Accumulated capitalized interest costs included in real estate inventory totaled $3,959,000 at both April 30, 2014 and 2013. There were no interest costs capitalized during 2014, 2013 and 2012. Accumulated capitalized real estate taxes included in real estate inventory totaled $1,759,000 at April 30, 2014 and $1,766,000 at April 30, 2013. There were no real estate taxes capitalized during 2014, 2013 and 2012. Previously capitalized interest costs and real estate taxes charged to real estate cost of sales were $7,000, $8,000, and $36,000 in 2014, 2013 and 2012.
	A substantial majority of the Company’s real estate assets are located in or adjacent to Rio Rancho, New Mexico. The Company currently has approximately 320 developed lots available for sale in Rio Rancho. The development of additional lots for sale in Rio Rancho will require significant additional financing or other sources of funding, which may not be available. Development activities performed in connection with real estate sales include obtaining necessary governmental approvals, acquiring access to water supplies, installing utilities and necessary storm drains and building or improving roads. As a result of this geographic concentration, the Company has been affected by changes in economic conditions in that region.

INVESTMENT_ASSETS

INVESTMENT ASSETS:	12 Months Ended
	Apr. 30, 2014
Investment Assets [Abstract]	'
Investment Assets Disclosure [Text Block]	'
	-4	INVESTMENT ASSETS:
	Investment assets consist of:
			April 30,
			2014		2013
			(in thousands)
	Land held for long-term investment		$	10,234	$	10,552
	Other			-		753
	Less accumulated depreciation and reserves			-		-429
				-		324
			$	10,234	$	10,876
	Land held for long-term investment represents property located in areas that are not planned to be developed in the near term and thus has not been offered for sale. As of April 30, 2014, the Company held approximately 12,260 acres of land in New Mexico classified as land held for long-term investment. At April 30, 2013, Other included a building in Rio Rancho, New Mexico then under contract for sale. Following entering into the contract for sale, depreciation was no longer taken on the building and an impairment reserve of $169,000 was recorded as a charge to operations during the first quarter of 2013. During 2014, the sale transaction for the building was completed. There was no depreciation of investment assets charged to operations in 2014, 2013 and 2012.

PROPERTY_PLANT_AND_EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT:	12 Months Ended
	Apr. 30, 2014
Property, Plant and Equipment Disclosure [Abstract]	'
Property, Plant and Equipment [Text Block]	'
	-5	PROPERTY, PLANT AND EQUIPMENT:
	Property, plant and equipment consist of:
			April 30,
			2014		2013
			(in thousands)
	Land, buildings and improvements		$	27,935	$	29,500
	Furniture and equipment			23,952		23,736
				51,887		53,236
	Less accumulated depreciation			-28,068		-27,950
			$	23,819	$	25,286
	Depreciation of property, plant and equipment charged to operations amounted to $2,123,000, $2,048,000 and $3,166,000 in 2014, 2013 and 2012.

INTANGIBLE_AND_OTHER_ASSETS

INTANGIBLE AND OTHER ASSETS:	12 Months Ended
	Apr. 30, 2014
Intangible and Other Assets [Abstract]	'
Intangible and Other Assets [Text Block]	'
	-6	INTANGIBLE AND OTHER ASSETS:
	Intangible and other assets consist of:
			April 30, 2014				April 30, 2013
			(in thousands)
			Cost		Accumulated		Cost		Accumulated
					Amortization				Amortization
	Deferred order entry costs		$	1,168	$	-	$	1,278	$	-
	Prepaid expenses			4,365		-		3,859		-
	Customer contracts and relationships			16,986		9,342		17,048		7,917
	Other			1,183		234		1,074		367
			$	23,702	$	9,576	$	23,259	$	8,284
	Deferred order entry costs represent costs incurred in connection with the data entry of customer subscription information to database files and are charged directly to operations generally over a twelve month period. Customer contracts and relationships are amortized on a straight line basis over twelve years.
	Amortization related to intangible and other assets was $1,607,000, $1,714,000 and $1,813,000 in 2014, 2013 and 2012. Amortization of intangible and other assets for each of the next five fiscal years is estimated to be as follows: 2015 - $1,700,000; 2016 - $1,700,000; 2017 - $1,600,000; 2018 - $1,600,000; and 2019 - $1,200,000.

ACCOUNTS_PAYABLE_AND_ACCRUED_E

ACCOUNTS PAYABLE AND ACCRUED EXPENSES:	12 Months Ended
	Apr. 30, 2014
Payables and Accruals [Abstract]	'
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	'
	-7	ACCOUNTS PAYABLE AND ACCRUED EXPENSES:
	Accounts payable and accrued expenses consist of:
			April 30,
			2014		2013
			(in thousands)
	Media Services operations:
	Subscription Fulfillment Services		$	10,692	$	10,504
	Newsstand Distribution Services, net of estimated returns			60,696		72,280
	Product Packaging and Fulfillment Services and Staffing			1,502		793
				72,890		83,577
	Real estate operations and corporate:			1,746		1,763
			$	74,636	$	85,340
	The April 30, 2014 accounts payable and accrued expenses total includes net publisher payables of $53,506,000, accrued expenses of $6,840,000, customer postage deposits of $5,708,000, trade payables of $3,242,000 and other of $5,340,000. The April 30, 2013 accounts payable and accrued expenses total includes net publisher payables of $69,709,000, customer postage deposits of $5,548,000, accrued expenses of $1,897,000, trade payables of $3,275,000 and other of $4,911,000.
	Accounts payable of Newsstand Distribution Services, which is operated through Kable Distribution, are net of estimated magazine returns of $67,088,000 and $72,275,000 at April 30, 2014 and 2013.
	Kable Distribution had negative working capital of approximately $26,804,000 at April 30, 2014 and had outstanding borrowings of $1,059,000 at April 30, 2014 under the a revolving credit facility between the Company’s Media Services businesses and a bank (the “Media Services Credit Facility”). The negative working capital of Kable Distribution represents the net payment obligation due to publisher clients and other third parties, which amounts will vary from period to period based on the level of magazine distribution. The negative working capital of Kable Distribution is calculated by deducting (a) the sum of the cash held by Kable Distribution plus the accounts receivable (net of estimated magazine returns to Kable Distribution) owed to Kable Distribution from wholesalers, retailers and other third parties from (b) the accounts payable (net of estimated magazine returns to publishers) owed by Kable Distribution to publisher clients and other third parties. Pursuant to a settlement agreement with a significant customer entered into in June 2014, Kable Distribution significantly reduced its negative working capital. On a pro forma basis, if the settlement agreement had been in effect as of April 30, 2014, Kable Distribution estimates that its negative working capital would have been reduced by $12,077,000. For further details regarding the settlement agreement, see Note 20.

NOTES_PAYABLE

NOTES PAYABLE:	12 Months Ended
	Apr. 30, 2014
Debt Disclosure [Abstract]	'
Debt Disclosure [Text Block]	'
	-8	NOTES PAYABLE:
	Notes payable consist of:
			April 30,
			2014		2013
			(in thousands)
	Credit facilities:
	Media Services operations		$	1,059	$	620
	Real estate operations			15,141		16,007
	Other notes payable			4,404		4,351
			$	20,604	$	20,978
	Fiscal year maturities of principal on notes outstanding at April 30, 2014 were as follows: 2015 - $218,000; 2016 - $1,285,000; 2017 - $136,000; 2018 - $18,965,000; and none thereafter.
	Media Services Credit Facility
	The Media Services Credit Facility provides the Media Services business with a revolving credit loan and letter of credit facility of up to $15,000,000, with availability within that limit based upon the lesser of (i) a percentage of the borrowers’ eligible accounts receivable, which may include certain unbilled accounts receivable, or (ii) the recent level of collections of accounts receivable. Subject to certain terms, funds may be borrowed, repaid and re-borrowed at any time. The Media Services Credit Facility matures on May 12, 2015. At April 30, 2014, the borrowing availability under the Media Services Credit Facility was $12,841,000, and there was $1,059,000 outstanding against this availability. The highest amount borrowed during the year ended April 30, 2014 was $11,098,000.
	The borrowers’ obligations under the Media Services Credit Facility are secured by substantially all of their assets other than real property. The revolving loans under the Media Services Credit Facility may be fluctuating rate borrowings or Eurodollar fixed rate based borrowings or a combination of the two as the borrowers may select. Fluctuating rate borrowings bear interest at a rate which is, at the borrowers’ option, either (i) the reserve adjusted daily published rate for one month LIBOR loans plus a margin of 3% or (ii) the highest of two daily published market rates and the bank lender’s base commercial lending rate in effect from time to time, but in any case not less than 3% plus a margin of 2% (that is, not less than 5%). Eurodollar fixed rate based borrowings may be for one, two or six months and bear interest at the reserve adjusted Eurodollar interest rates for borrowings of such durations, plus a margin of 3%, which may be reduced to 2.75% depending on the borrowers’ financial condition. The interest rate on outstanding borrowings at April 30, 2014 was 3.15%.
	The borrowers may make payments (based upon a prescribed formula) on certain indebtedness due the borrowing group’s parent company that is not a party to the Media Services Credit Facility, which payments would be subject to the minimum fixed charge coverage ratio (as defined) required by the Media Services Credit Facility. If there is a violation of a covenant and during the continuance of such violation, or if the borrowers do not maintain the prescribed minimum fixed charge coverage ratio, the Media Services companies are prohibited from repaying indebtedness to or otherwise distributing funds to the borrowing group’s parent company and the lender is entitled to terminate the Media Services Credit Facility and seek immediate payment of any outstanding borrowing.
	Real Estate Loan
	AMREP Southwest has a loan with a company owned by Nicholas G. Karabots, a significant shareholder of the Company and in which another director of the Company has a 20% participation. The loan had an outstanding principal amount of $15,141,000 at April 30, 2014, is scheduled to mature on December 1, 2017, bears interest payable monthly at 8.5% per annum, is secured by a mortgage on certain real property of AMREP Southwest in Rio Rancho and by a pledge of the stock of its subsidiary, Outer Rim Investments, Inc., which owns approximately 12,000 acres, for the most part scattered lots, in Sandoval County, New Mexico and which are not currently being offered for sale, requires that a cash reserve of at least $500,000 be maintained with the lender to fund interest payments and is subject to a number of restrictive covenants including a requirement that AMREP Southwest maintain a minimum tangible net worth and a restriction on AMREP Southwest making distributions and other payments to its parent company beyond a stated management fee. The total book value of the real property collateralizing the loan was approximately $69,855,000 as of April 30, 2014. A sale transaction by AMREP Southwest of certain  mortgaged land requires the approval of the lender. Otherwise, the lender is required to release the lien of its mortgage on any land being sold at market price by AMREP Southwest in the ordinary course to an unrelated party on terms AMREP Southwest believes to be commercially reasonable. The loan may be prepaid at any time without premium or penalty except that if the prepayment is in connection with the disposition of AMREP Southwest or substantially all of its assets there is a prepayment premium, initially 5% of the amount prepaid, with the percentage declining by 1% each year. No payments of principal are required until maturity, except that 25% of the net proceeds, as defined, from any sales of real property by AMREP Southwest are required to be applied to the payment of the loan. No new borrowings are permitted under this loan.
	Other Notes Payable
	Other notes payable consist of a $4,208,000 mortgage note payable on a warehouse with a maturity date of February 2018 and an interest rate of 6.35%, and $196,000 of asset financing loans with maturity dates through December 2015 and an average interest rate of 9.00%. The amount of Other notes payable due within one year totals $218,000.

OTHER_LIABILITIES

OTHER LIABILITIES:	12 Months Ended
	Apr. 30, 2014
Other Liabilities and Financial Instruments Subject To Mandatory Redemption [Abstract]	'
Other Liabilities Disclosure [Text Block]	'
	-9	OTHER LIABILITIES:
	In June 2009, Palm Coast received $3,000,000 pursuant to an agreement with the State of Florida (the “Award Agreement”) as part of the incentives made available in connection with the Company’s project, completed in the second quarter of fiscal 2011, to consolidate its Subscription Fulfillment Services operations at its Palm Coast, Florida location. The Award Agreement includes certain performance requirements in terms of job retention, job creation and capital investment which, if not met by Palm Coast, entitle the State of Florida to obtain the return of a portion, or all, of the $3,000,000. Accordingly, the $3,000,000 has been recorded as a liability in the accompanying balance sheet. The award monies, if any, to which Palm Coast becomes irrevocably entitled will be amortized into income through a reduction of depreciation over the life of the assets acquired with those funds. Palm Coast has not met certain of the performance requirements, in large part due to the adverse economic conditions experienced by the magazine publishing industry since the Award Agreement was executed, and as a result, is expecting to have to repay up to $2,527,000 of the award to the State of Florida.

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS:	12 Months Ended
	Apr. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	-10	FAIR VALUE MEASUREMENTS:
	The FASB’s accounting guidance defines fair value and establishes a framework for measuring fair value. That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The FASB’s guidance classifies the inputs to measure fair value into the following hierarchy:
	Level 1 Unadjusted quoted prices for identical assets or liabilities in active markets.
	Level 2 Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in inactive markets; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data by correlation or other means. If the asset or liability has a specified (contractual) term, the Level 2 input must be observable for substantially the full term of the asset or liability.
	Level 3 Inputs for the asset or liability are unobservable and reflect the reporting entity’s own assumptions about the assumptions that market participants would use in pricing the asset or liability.
	The asset’s or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs.
	Fair value on a non-recurring basis
	Certain assets and liabilities are measured at fair value on a non-recurring basis; that is the asset or liability is not measured at fair value on an ongoing basis but is subject to fair value adjustment in certain circumstances (for example, when there is evidence of impairment). The following presents assets by balance sheet caption and by the level within the fair value hierarchy (as described above) as of April 30, 2014, 2013 and 2012, for which a non-recurring change in fair value has been recorded during the years then ended (in thousands):
			Level 1		Level 2		Level 3		Impairment Loss
									Recorded
	2014:00:00
	Real estate inventory		$	-	$	-	$	1,285	$	406
	Investment assets		$	-	$	-	$	787	$	280
	Property, plant and equipment		$	-	$	-	$	352	$	269
	2013:00:00
	Real estate inventory		$	-	$	-	$	2,390	$	1,125
	Investment assets		$	-	$	-	$	1,067	$	386
	2012:00:00
	Real estate inventory		$	-	$	-	$	744	$	525
	Investment assets		$	-	$	-	$	430	$	45
	During 2014, 2013 and 2012, certain real estate inventory and investment assets were adjusted to their fair values, less estimated costs to sell, resulting in impairment charges of $686,000, $1,511,000 and $570,000. In addition, during 2014, an impairment charge of $269,000 was recognized for certain assets of the Newsstand Distribution Services business. The impairment charges were included in results of operations for each period. For additional detail on the impairment charges, valuation techniques and reasons for the measurements, see Note 14.
	The Financial Instruments Topic of the FASB Accounting Standards Codification requires disclosure of fair value information about financial instruments, whether or not recognized in the balance sheet, for which it is practicable to estimate that value. The Topic excludes all nonfinancial instruments from its disclosure requirements. Fair value is determined under the hierarchy discussed above. Accordingly, the aggregate fair value amounts presented do not represent the underlying value of the Company.
	The following methods and assumptions are used in estimating fair value disclosure for financial instruments. The carrying amounts of cash and cash equivalents, trade receivables and trade payables approximate fair value because of the short maturity of these financial instruments. Debt that bears variable interest rates indexed to prime or LIBOR also approximates fair value as it re-prices when market interest rates change. These financial assets and liabilities are categorized as Level 1 within the fair value hierarchy described above.
	The Company did not have any long-term, fixed-rate mortgage receivables at April 30, 2014 and the estimated fair value of the Company’s long-term, fixed-rate mortgage receivables was $35,000 at April 30, 2013 and was the approximate carrying amount at that date. The estimated fair value of the Company’s long-term, fixed-rate notes payable was $17,739,000 and $17,000,000 versus carrying amounts of $19,545,000 and $20,358,000 at April 30, 2014 and 2013. These financial assets and liabilities are categorized as Level 2 within the fair value hierarchy described above.

BENEFIT_PLANS

BENEFIT PLANS:	12 Months Ended
	Apr. 30, 2014
Compensation and Retirement Disclosure [Abstract]	'
Pension and Other Postretirement Benefits Disclosure [Text Block]	'
	-11	BENEFIT PLANS:
	Retirement plan
	The Company has a defined benefit retirement plan for which accumulated benefits were frozen and future service credits were curtailed as of March 1, 2004. Due to the closing of certain facilities in 2011 in connection with the consolidation of the Company’s Subscription Fulfillment Services business and the associated work force reduction in 2011, the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and the regulations thereunder, gave the Pension Benefit Guaranty Corporation (the “PBGC”) the right to require the Company to accelerate the funding of approximately $11,688,000 of accrued pension-related obligations to the Company’s defined benefit pension plan.  In August 2012, the Company and the PBGC reached an initial agreement with respect to this funding obligation, and as a result, the Company made a $3,000,000 cash contribution to the pension plan on August 16, 2012, thereby leaving a remaining accelerated funding liability of $8,688,000.
	On August 30, 2013, the Company entered into a settlement agreement with the PBGC. In the settlement agreement, the PBGC agreed to forbear from asserting certain rights to obtain payment of the remaining $8,688,000 accelerated funding liability granted to it by ERISA, and the Company agreed (a) to pay $3,243,000 of the accelerated funding liability as a cash contribution to its pension plan, which payment was made on September 4, 2013, and (b) to provide first lien mortgages on certain real property with an aggregate appraised value of $10,039,000 in favor of the PBGC to secure the remaining unpaid amount of the accelerated funding liability. The total book value of the real property subject to the mortgages was approximately $8,069,000 as of April 30, 2014. In addition, the PBGC agreed to credit $426,000 of contributions made by the Company to the pension plan in excess of the 2012 minimum funding requirements towards the accelerated funding liability, so that, after this credit and the $3,243,000 payment referred to above, the remaining accelerated funding liability was $5,019,000.
	On an annual basis, the Company is required to provide updated appraisals on each mortgaged property and, if the appraised value of the mortgaged properties is less than two times the amount of the accelerated funding liability then outstanding, the Company is required to make a payment to its pension plan in an amount equal to one-half of the amount of the shortfall. The mortgages in favor of the PBGC will be discharged following the termination date of the settlement agreement. In connection with the settlement agreement, the Company made certain representations and warranties and is required to comply with various covenants, reporting requirements and other requirements, including making all required minimum funding contributions to its pension plan. Any failure by the Company to comply with its obligations under the settlement agreement may result in an event of default, which would permit the PBGC to repossess, sell or foreclose on the properties that have been mortgaged in favor of the PBGC; however, if the Company complies with the terms of the settlement agreement, including making all future required minimum funding contributions to its pension plan and any payments required due to any shortfall in the appraised value of real property covered by the mortgages described above, the Company will not be required to make any further cash payments to its pension plan with respect to the remaining accelerated funding liability.
	The settlement agreement is scheduled to terminate on the earlier of the date the accelerated funding liability has been paid in full or on August 30, 2018. Effective on the termination date of the settlement agreement, the PBGC will be deemed to have released and discharged the Company and any other members of its controlled group from any claims in connection with such members’ liability or obligations with respect to the accelerated funding liability. The settlement agreement does not address any future events that may accelerate any other accrued pension plan obligations. The Company may become subject to additional acceleration of its remaining accrued obligations to the pension plan if the Company closes other facilities and further reduces its work force of active retirement plan participants. Any such acceleration could negatively impact the Company’s limited financial resources and could have a material adverse effect on the Company’s financial condition.
	Net periodic pension cost for 2014, 2013 and 2012 was comprised of the following components (in thousands):
			Year Ended April 30,
			2014			2013			2012
	Interest cost on projected benefit obligation		$	1,294		$	1,454		$	1,681
	Expected return on assets			-2,075			-1,596			-1,675
	Plan expenses			234			226			220
	Recognized net actuarial loss			1,662			1,802			1,145
	Total cost recognized in pretax income			1,115			1,886			1,371
	Cost (gain) recognized in pretax other comprehensive income			-3,853			-1,185			5,094
	Net periodic pension cost (income)		$	-2,738		$	701		$	6,465
	The estimated net loss, transition obligation and prior service cost for the pension plan that will be amortized from accumulated other comprehensive income into net periodic pension cost over the next fiscal year are $1,258,000, $0 and $0. Assumptions used in determining net periodic pension cost and the benefit obligation were:
			Year Ended April 30,
			2014				2013				2012
	Discount rate used to determine net periodic pension cost			3.47	%			3.97	%			5.05	%
	Discount rate used to determine pension benefit obligation			3.9	%			3.47	%			3.97	%
	Expected long-term rate of return on assets on assets			8	%			8	%			8	%
	The following table sets forth changes in the pension plan’s benefit obligation and assets, and summarizes components of amounts recognized in the Company’s consolidated balance sheet (in thousands):
			April 30,
			2014			2013			2012
	Change in benefit obligation:
	Benefit obligation at beginning of year		$	38,582		$	37,899		$	34,550
	Interest cost			1,294			1,454			1,681
	Actuarial (gain) loss			-1,009			1,536			3,992
	Benefits paid			-2,398			-2,307			-2,324
	Benefit obligation at end of year		$	36,469		$	38,582		$	37,899
	Change in plan assets:
	Fair value of plan assets at beginning of year		$	24,777		$	20,222		$	21,931
	Company contributions			3,718			4,572			1,407
	Actual return on plan assets			3,268			2,523			-568
	Benefits paid			-2,398			-2,307			-2,324
	Plan expenses			-245			-233			-224
	Fair value of plan assets at end of year		$	29,120		$	24,777		$	20,222
	Funded (underfunded) status:		$	-7,349		$	-13,805		$	-17,677
	Recognition of underfunded status:
	Accrued pension cost		$	-7,349		$	-13,805		$	-17,677
	The funded status of the pension plan is equal to the net liability recognized in the consolidated balance sheet. The following table summarizes the amounts recorded in accumulated other comprehensive loss, which have not yet been recognized as a component of net periodic pension costs (in thousands):
			Year Ended April 30,
			2014			2013			2012
	Pre-tax accumulated comprehensive loss		$	14,953		$	18,806		$	19,991
	The following table summarizes the changes in accumulated other comprehensive loss related to the pension plan for the years ended April 30, 2014 and 2013 (in thousands):
			Pension Benefits
			Pre-tax			Net of Tax
	Accumulated comprehensive loss, May 1, 2012		$	19,991		$	12,298
	Net actuarial loss			617			383
	Amortization of net loss			-1,802			-1,117
	Accumulated comprehensive loss, April 30, 2013			18,806			11,564
	Net actuarial gain			-2,191			-1,359
	Amortization of net loss			-1,662			-1,030
	Accumulated comprehensive loss, April 30, 2014		$	14,953		$	9,175
	The Company recorded, net of tax, other comprehensive income of $2,389,000 and $734,000 in 2014 and 2013, and other comprehensive loss of $3,158,000 in 2012 to account for the net effect of changes to the unfunded pension liability.
	The average asset allocation for the retirement plan by asset category was as follows:
			April 30,
			2014			2013
	Equity securities			65	%		67	%
	Fixed income securities			27			28
	Other (principally cash and cash equivalents)			8			5
	Total			100	%		100	%
The investment mix between equity securities and fixed income securities is based upon seeking to achieve a desired return by balancing more volatile equity securities and less volatile fixed income securities. Pension plan assets are invested in portfolios of diversified public-market equity securities and fixed income securities. The pension plan holds no securities of the Company. Investment allocations are made across a range of markets, industry sectors, market capitalization sizes and, in the case of fixed income securities, maturities and credit quality. The Company has established long-term target allocations of approximately 50-80% for equity securities, 20-50% for fixed income securities and 0-30% for other.
The expected return on assets for the pension plan is based on management’s expectation of long-term average rates of return to be achieved by the underlying investment portfolios. In establishing this assumption, management considers historical and expected returns for the asset classes in which the pension plan is invested, as well as current economic and market conditions. The Company is currently using an 8.0% assumed rate of return for purposes of the expected return rate on assets for the development of net periodic pension costs for the pension plan.
The Company funds the pension plan in compliance with IRS funding requirements. The Company’s contributions to the pension plan totaled $3,718,000, $4,572,000 and $1,407,000 in 2014, 2013 and 2012. The 2014 and 2013 contributions included payments made to the PBGC of $3,243,000 and $3,000,000 as part of the agreements discussed above. The Company expects to make required contributions of approximately $180,000 to the pension plan in fiscal year 2015, in accordance with minimum funding requirements as computed by the plan actuary.
The amount of future annual benefit payments is expected to be between $2,500,000 and $2,700,000 in fiscal years 2015 through 2019, and an aggregate of approximately $11,500,000 is expected to be paid in the fiscal five-year period 2020 through 2024.
The Company has adopted the disclosure requirements in ASC 715, which requires additional fair value disclosures consistent with those required by ASC 820. The following is a description of the valuation methodologies used for pension plan assets measured at fair value: Common stock – valued at the closing price reported on a listed stock exchange; Corporate bonds, debentures and government agency securities – valued using pricing models, quoted prices of securities with similar characteristics or discounted cash flow; and U.S. Treasury securities – valued at the closing price reported in the active market in which the security is traded.
The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Company believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.
The following tables set forth by level within the fair value hierarchy the pension plan’s assets at fair value as of April 30, 2014 and 2013 (in thousands):
2014:00:00
		Total			Level 1			Level 2			Level 3
Cash and cash equivalents		$	2,466		$	2,466		$	-		$	-
Investments at fair value:
Equity securities			18,844			18,844			-			-
Corporate bonds and debentures			7,810			-			7,810			-
Total assets at fair value		$	29,120		$	21,310		$	7,810		$	-
2013:00:00
		Total			Level 1			Level 2			Level 3
Cash and cash equivalents		$	1,251		$	1,251		$	-		$	-
Investments at fair value:
Equity securities			16,669			16,669			-			-
Corporate bonds and debentures			6,215			-			6,215			-
U.S. Treasury and government agency securities			642			640			2			-
Total assets at fair value		$	24,777		$	18,560		$	6,217		$	-
Savings and salary deferral plans
The Company has a Savings and Salary Deferral Plan, commonly referred to as a 401(k) plan, in which participating employees contribute salary deductions. The Company also had a 401(k) plan for its Palm Coast employees. Effective November 15, 2012, the Company merged the Palm Coast plan with the Savings and Salary Deferral Plan resulting in one plan for the Company and its employees.
The Company may make discretionary matching contributions to the 401(k) plan, subject to the approval of the Company’s board of directors. The Company did not provide matching contributions to the 401(k) plan in 2014, 2013 or 2012.
Equity compensation plan
In 2006, the board of directors of the Company adopted and the shareholders approved the AMREP Corporation 2006 Equity Compensation Plan (the “Equity Plan”) that provides for the issuance of up to 400,000 shares of common stock of the Company to employees of the Company and its subsidiaries and non-employee members of the board of directors of the Company pursuant to incentive stock options, nonqualified stock options, stock appreciation rights, stock awards, stock units and other stock-based awards. As of October 31, 2013, the Company had not issued any options, grants or other awards under the Equity Plan.
During the third quarter of 2014, the Company issued to employees 18,000 shares of restricted common stock under the Equity Plan, which vest in equal 6,000 share installments on August 1, 2014, 2015 and 2016 and are expected to vest assuming a zero forfeiture rate over the vesting term.
During the fourth quarter of 2014, the Company issued to an employee 6,000 shares of restricted common stock under the Equity Plan, which vest in equal 2,000 share installments on March 5, 2015, 2016 and 2017 and are expected to vest assuming a zero forfeiture rate over the vesting term.
No restricted shares vested during the year ended April 30, 2014. Shares of restricted common stock that are issued under the Equity Plan are considered to be issued and outstanding as of the grant date and have the same dividend and voting rights as other common stock.
The fair value of the restricted shares is determined based on the trading price of the shares of the Company’s common stock on the date of grant, which was $6.80 per share for the 18,000 shares awarded and $7.42 for the 6,000 shares awarded, or an aggregate grant date fair value of $166,000. Compensation expense related to the restricted shares is recognized over the vesting periods based on the fair value of the shares as of the date of grant. The Company recognized $47,000 of compensation expense for the year ended April 30, 2014. As of April 30, 2014, there was $119,000 of total unrecognized compensation expense related to outstanding restricted share awards granted under the Equity Plan, which is expected to be recognized over the remaining vesting term.

INCOME_TAXES

INCOME TAXES:	12 Months Ended
	Apr. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	-12	INCOME TAXES:
	The provision (benefit) for income taxes consists of the following:
			Year Ended April 30,
			2014		2013		2012
			(in thousands)
	Current:
	Federal		$	-284	$	-131	$	-370
	State and local			150		11		114
				-134		-120		-256
	Deferred:
	Federal			-1,155		-1,334		-505
	State and local			388		-305		-135
				-767		-1,639		-640
	Total provision (benefit) for income taxes		$	-901	$	-1,759	$	-896
	The components of the net deferred income taxes are as follows:
			April 30,
			2014		2013
			(in thousands)
	Deferred income tax assets:
	State tax loss carryforwards		$	3,698	$	3,927
	Accrued pension costs			2,755		3,827
	U.S. Federal NOL carryforward			4,843		5,592
	Canadian NOL carryforward			236		133
	Vacation accrual			593		698
	Intangibles and deductible goodwill			5,747		6,595
	Real estate basis differences			3,415		2,523
	Other			669		103
	Total deferred income tax assets			21,956		23,398
	Deferred income tax liabilities:
	Reserve for periodical returns			-1,138		-2,036
	Depreciable assets			-4,275		-4,446
	Deferred gains on investment assets			-4,423		-4,428
	Capitalized costs for financial reporting purposes, expensed for tax			-451		-606
	Total deferred income tax liabilities			-10,287		-11,516
	Valuation allowance for realization of state tax loss carryforwards			-2,627		-2,268
	Net deferred income tax asset		$	9,042	$	9,614
	The following table reconciles taxes computed at the U.S. federal statutory income tax rate from continuing operations to the Company's actual tax provision:
			Year Ended April 30,
			2014		2013		2012
			(in thousands)
	Computed tax provision (benefit) at statutory rate		$	-1,344	$	-1,610	$	-713
	Increase (reduction) in tax resulting from:
	State income taxes, net of federal income tax effect			-40		-192		-14
	Expiration of state NOLs			181		237		342
	Change in valuation allowance			359		-276		-338
	Adjustment for unrecognized tax benefits			-123		-41		-296
	Meals and entertainment			36		45		47
	Other			30		78		76
	Actual tax provision (benefit)		$	-901	$	-1,759	$	-896
	A valuation allowance is provided when it is considered more likely than not that certain deferred tax assets will not be realized. The valuation allowance relates to net operating loss carryforwards in states where the Company either has no current operations or its operations  are not considered likely to use the net operating loss carryforward prior to its expected expiration date. The remaining net operating loss carryforwards expire beginning in the fiscal years ending April 30, 2015 through April 30, 2035. The state net operating loss carryforwards of $93,057,000 expire in future fiscal years as follows: 2015 - $908,000; 2016 - $729,000; 2017 - $2,134,000; 2018 - $864,000; 2019 - $781,000; and thereafter - $87,641,000.
	The Company has a U.S. federal net operating loss carryforward of approximately $14,243,000 of which approximately $4,649,000 resulted from the purchase of Palm Coast which will begin to expire in the fiscal year ending April 30, 2026. In addition, $10,877,000 of goodwill associated with the Palm Coast acquisition remains amortizable as of April 30, 2014. The Company also has a Canadian net operating loss carryforward of approximately $1,211,000 which will begin to expire in the fiscal year ending April 30, 2032.
	The Company is subject to U.S. federal income taxes, and also to various state and local income taxes. Tax regulations within each jurisdiction are subject to the interpretation of the related tax laws and regulations and require significant judgment to apply.
	During 2014, the Company reached a settlement with the Internal Revenue Service (the “IRS”) with respect to the examination of the Company’s fiscal year 2012 and 2011 federal income tax returns. The Company did not have to pay any additional federal taxes as a result of the IRS’s examination of the two years due to the Company’s existing net operating losses, which were reduced by approximately $2,400,000. As a result of the completion of the examinations, the Company reduced its liability for uncertain tax positions by $160,000, including accrued interest. This reduction had the effect of increasing the tax benefit in the accompanying financial statements for 2014.
	During 2013, the Company reached a settlement with the Internal Revenue Service with respect to an examination of its fiscal year 2010 and 2005 federal tax returns. As a result, the Company paid $597,000 in taxes related to (i) deferred gains on investment assets not previously recognized and (ii) the timing of certain deductible expenses, and accrued $33,000 of interest related to this payment. The Company charged $589,000 to previously accrued current and deferred income tax liabilities and $41,000 to the income tax provision in the accompanying consolidated financial statements as a result of this settlement.
	The Company is not currently under examination by any tax authorities with respect to its income tax returns. Other than the U.S. federal tax return, in nearly all jurisdictions, the tax years through the fiscal year ended April 30, 2010 are no longer subject to examination due to the expiration of the statute of limitations.
	ASC 740-10 clarifies the accounting for uncertain tax positions, prescribing a minimum recognition threshold a tax position is required to meet before being recognized, and providing guidance on the derecognition, measurement, classification and disclosure relating to income taxes. The following table summarizes the beginning and ending gross amount of unrecognized tax benefits (in thousands):
			2014		2013
	Gross unrecognized tax benefits at beginning of year		$	1,516	$	1,741
	Gross increases:
	Additions based on tax positions related to current year			-		-
	Additions based on tax positions of prior years			-		-
	Gross decreases:
	Reductions based on tax positions of prior years			-1,458		-217
Reductions based on the lapse of the applicable statute of limitations			-		-8
Gross unrecognized tax benefits at end of year		$	58	$	1,516
The total tax effect of gross unrecognized tax benefits at April 30, 2014 and 2013 was $58,000 as of each date which, if recognized, would have an impact on the effective tax rate. The Company believes it is reasonably possible that the liability for unrecognized tax benefits will not change in the next twelve months. The Company has elected to include interest and penalties in its income tax expense. The total amount of interest payable recognized in the accompanying consolidated balance sheets was $0 at April 30, 2014 and $134,000 at April 30, 2013. No amount has been accrued for penalties. In 2014 and 2013, the Company recognized net credits of $134,000 and $37,000 to its income tax provision related to interest, which resulted from the reduction of unrecognized tax benefits due to the completion of the IRS audit noted above for the fiscal year 2012 and 2011 tax returns and, in 2013, the expiration of the statute of limitations, offset in part by interest accrued for existing uncertain tax positions.

SHAREHOLDERS_EQUITY

SHAREHOLDERS' EQUITY:	12 Months Ended
	Apr. 30, 2014
Stockholders' Equity Note [Abstract]	'
Stockholders' Equity Note Disclosure [Text Block]	'
	-13	SHAREHOLDERS’ EQUITY:
	During the first quarter of 2014, the Company completed a rights offering to holders of the Company’s common stock. As a result of the offering, the Company issued 1,199,242 shares of common stock at a price of $6.25 per share and raised proceeds of approximately $7,144,000, net of expenses of approximately $350,000. The net proceeds of the offering are being used for corporate and working capital purposes, including a payment of $3,243,000 in September 2013 to satisfy a portion of the Company’s obligation to the PBGC with respect to the Company’s pension plan (see Note 11). The shares of common stock were issued from the Company’s treasury stock, which reduced the recorded values of retained earnings by $15,298,000 and of treasury stock by $22,442,000.
	The Company recorded, net of tax, other comprehensive income of $2,389,000 and $734,000 in 2014 and 2013, and other comprehensive loss of $3,158,000 in 2012 to account for the net effect of changes to the unfunded portion of  pension liability (see Note 11).
	See Note 20 for a description of a June 2014 agreement to issue 825,000 shares of the Company’s common stock to a significant Newsstand Distribution Services customer.

IMPAIRMENT_OF_ASSETS

IMPAIRMENT OF ASSETS:	12 Months Ended
	Apr. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Asset Impairment Charges [Text Block]	'
	-14	IMPAIRMENT OF ASSETS:
	Real Estate – During 2014, certain real estate in the Company’s real estate business with carrying amounts of $2,758,000 was written down to its fair value of $2,082,000, less estimated costs to sell, resulting in an impairment charge of $686,000. During 2013, certain real estate in the Company’s real estate business with carrying amounts of $4,949,000 was written down to its fair value of $3,466,000, less estimated costs to sell, resulting in an impairment charge of $1,511,000. During 2012, the carrying value of certain real estate in the Company’s real estate business consisting of take-back lots located in Rio Rancho was adjusted from $1,734,000 to a fair value of $1,174,000, less estimated costs to sell, resulting in an impairment charge of $570,000. The real estate impairment charges were the result of current appraisals that showed deterioration in the fair market values of the properties from the prior year and the charges were included in results of operations for the applicable year.
	Property, plant and equipment – In accordance with ASC 630-10, the Company analyzed the long-lived assets of the Newsstand Distribution Services business as a result of the continuing loss of revenues for the Newsstand Distribution Services business. As a result of the anticipated undiscounted cash flows for the Newsstand Distribution Services business and a review of the fair value of the business’s property, plant and equipment, an impairment charge of $269,000 was recognized.

OPERATING_EXPENSES_OTHER

OPERATING EXPENSES - OTHER:	12 Months Ended
	Apr. 30, 2014
Restructuring and Related Activities [Abstract]	'
Restructuring, Impairment, and Other Activities Disclosure [Text Block]	'
	-15	OPERATING EXPENSES - OTHER:
	Operating expenses – other in the accompanying 2012 financial statements includes credits and charges to operations for a project in which the Company consolidated its Subscription Fulfillment Services business operations from three locations in Colorado, Florida and Illinois into one existing location at Palm Coast, Florida. The Company recorded a credit of $73,000 in 2012 as a result of the sale of a building resulting from the consolidation project. There were no items of income or expense related to the consolidation project during 2014 or 2013.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES:	12 Months Ended
	Apr. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	-16	COMMITMENTS AND CONTINGENCIES:
	Non-cancelable leases
	The Company is obligated under long-term, non-cancelable leases for equipment and various real estate properties. Certain real estate leases provide that the Company will pay for taxes, maintenance and insurance costs and include renewal options. Rental expense for 2014, 2013 and 2012 was approximately $2,424,000, $3,022,000 and $3,035,000. The total minimum rental commitments of $2,744,000 for fiscal years subsequent to April 30, 2014 are due as follows: 2015 - $1,502,000; 2016 - $1,163,000; 2017 - $109,000; 2018 and thereafter - none.
	AMREP Southwest
	In connection with certain individual home site sales made prior to 1977 at Rio Rancho, New Mexico, if water, electric and telephone utilities have not reached the lot site when a purchaser is ready to build a home, AMREP Southwest is obligated to exchange a lot in an area then serviced by such utilities for the lot of the purchaser, without cost to the purchaser. AMREP Southwest has not incurred significant costs related to the exchange of lots.
	AMREP Southwest has bonds outstanding for future development commitments in Rio Rancho of approximately $1,945,000.

LITIGATION

LITIGATION:	12 Months Ended
	Apr. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Legal Matters and Contingencies [Text Block]	'
	-17	LITIGATION:
	In March 2009, a civil action was commenced against the Company’s wholly-owned subsidiary in the United States District Court for the Southern District of New York entitled Anderson News, L.L.C., et al. v. American Media, Inc., et al. Anderson News, L.L.C. (“Anderson”) was a wholesaler of magazines. Anderson has alleged that magazine publishers and distributors, including the Company’s subsidiary, Kable Distribution conspired to boycott Anderson to drive it out of business, and that other wholesalers participated in this effort. Anderson has asserted claims under Section 1 of the Sherman Act (antitrust), for defamation, for tortious interference with its contracts with retailers, and for civil conspiracy. Damages have not been quantified, but would presumably be alleged to be substantial. Anderson has alleged that the distributor and publisher defendants acted in concert to cut off Anderson from its supply of magazines to enable them to gain control of the single-copy magazine distribution channel. The amended complaint in the lawsuit was filed on September 7, 2012. On September 24, 2012, Kable Distribution filed its answer to the amended complaint denying all allegations of wrongdoing against it. Discovery in the case is continuing. Kable Distribution is vigorously defending the lawsuit. The Company is not in a position to predict the outcome of the lawsuit, nor can it estimate a range of possible losses.
	On July 11, 2011, Kable Distribution was served with a summons and complaint in a lawsuit entitled Distribution Integrated Services, Inc. v. Kable Distribution Services, Inc.; Island Periodicals Puerto Rico, LLC brought in the Tribunal de Primera Instancia, Sala de San Juan, in Puerto Rico. Kable Distribution’s co-defendant, Island Periodicals Puerto Rico, LLC, was a sub-distributor of magazines for Kable Distribution in Puerto Rico, a position formerly held by plaintiff. In the lawsuit, plaintiff alleged that the termination by Kable Distribution of plaintiff’s former sub-distributorship arrangement with Kable Distribution was in breach of a contract between them, and therefore in violation of Puerto Rico Law 75, a statute that provides remedies to a dealer in property for the unjustified termination of its dealership arrangement. Plaintiff sought damages from Kable Distribution in the amount of $2,000,000 and injunctive relief. On February 21, 2014, Kable Distribution entered into an agreement with the plaintiff to settle the lawsuit, which provides for the plaintiff to be the sub-distributor of magazines for Kable Distribution in Puerto Rico on market terms. No payments were required to be made by Kable Distribution to the plaintiff as part of the settlement.
	On March 29, 2013, Kable Distribution, Kable Media Services, Inc. and Kable News Company, Inc. (collectively, the “Kable Patent Defendants”) were named in the fourth amended complaint for patent infringement in the United States District Court for the District of Utah, Central Division in a lawsuit entitled Etagz, Inc. v. Berkeley Publications, Inc., et al. The Kable Patent Defendants were accused of infringing certain patents owned by Etagz, Inc. in connection with the distribution of certain DVDs and magazines published by Berkeley Publications, Inc., one of the co-defendants in the lawsuit. On December 20, 2013, the parties to the lawsuit entered into an agreement to settle the matter, which provides for a cash payment to be made to the plaintiff by the defendants. Berkeley Publications, Inc. has indemnified the Kable Patent Defendants against the claims asserted by plaintiff and paid all amounts due under the settlement agreement.
	The Company and its subsidiaries are involved in various other claims and legal actions arising in the normal course of business. While the ultimate results of these matters cannot be predicted with certainty, management believes that they will not have a material adverse effect on the Company’s consolidated financial position, liquidity or results of operations.

ACQUISITION

ACQUISITION:	12 Months Ended
	Apr. 30, 2014
Business Combinations [Abstract]	'
Business Combination Disclosure [Text Block]	'
	-18	ACQUISITION:
	On December 31, 2012, FulCircle, a newly-formed wholly-owned subsidiary of Palm Coast, acquired the business and certain assets and assumed certain liabilities of FulCircle, Inc., a privately-held Colorado-based company engaged in the marketing strategy, call center service, product distribution and operational solutions businesses.
	The initial consideration paid for the net assets was $1,833,000, which consisted of a $1,123,000 cash payment to the seller which was financed from working capital, $400,000 that was placed in escrow in accordance with the terms of the asset purchase agreement and a contingent purchase price payment liability of up to $1,000,000 depending on whether certain revenue targets were achieved by FulCircle during the 2013 calendar year. At the acquisition date, the Company estimated the fair value of the liability for the contingent purchase payment to be $310,000 based on its estimate of FulCircle achieving a certain level of revenues for calendar year 2013. Subsequently, the Company determined that FulCircle was not likely to achieve the revenue forecast and, as such, in accordance with ASC 805, the contingent consideration was re-measured to a fair value of zero and the previously recorded liability of $310,000 was reversed and recognized as income during the fourth quarter of 2013. In addition, during 2014, $62,000 of escrowed funds was returned to the Company, thereby making the final consideration $1,771,000.
	The acquisition was accounted for as a business combination. The final consideration of $1,771,000 was applied as follows: Property, plant and equipment - $401,000, Intangible assets, including customer contracts and relationships - $1,986,000 and Other liabilities - $616,000. The results of operations of FulCircle have been included in the Subscription Fulfillment Services business segment in the accompanying consolidated financial statements since the acquisition date of December 31, 2012.

INFORMATION_ABOUT_THE_COMPANYS

INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS:	12 Months Ended
	Apr. 30, 2014
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	-19	INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS:
	The Company has identified four reportable segments in which it currently has business operations. The Company’s Media Services business has three identified segments: (i) Subscription Fulfillment Services, (ii) Newsstand Distribution Services and (iii) Product Packaging and Fulfillment Services and Staffing. Subscription Fulfillment Services performs subscription fulfillment and related services for publishers and other customers. Newsstand Distribution Services distributes periodicals nationally and in Canada and, to a small degree, in other foreign countries Product Packaging and Fulfillment Services and Staffing provides internet order processing and shipment for e-commerce retailers, packaging design, procurement and product fulfillment services and temporary staffing services. Real Estate operations primarily include land sales activities, which involve the obtaining of approvals and the sale of both developed and undeveloped lots to homebuilders, commercial users and others, as well as investments in commercial and investment properties. Certain common expenses as well as identifiable assets are allocated among industry segments based upon management’s estimate of each segment’s absorption. Other revenues and expenses not identifiable with a specific segment are shown as a separate segment in this presentation.
	The accounting policies of the segments are the same as those described in Note 1. See Note 12 for disclosure regarding differences between the U.S. federal statutory income tax rate to the actual tax provision. Summarized data relative to the industry segments in which the Company has continuing operations is as follows (in thousands):
			Subscription		Newsstand		Product		Real Estate		Corporate		Consolidated
			Fulfillment		Distribution		Services and		Operations		and
			Services		Services (d)		Staffing				Other
	Year ended April 30, 2014:
	Revenues (a)		$	58,536	$	6,906	$	18,177	$	4,000	$	-282	$	87,337
	Net income (loss)			982		-2,345		781		-4,118		1,761		-2,939
	Provision (benefit) for income taxes			971		-1,390		448		-1,823		893		-901
	Interest expense (income), net			730		73		1		2,740		-1,750		1,794
	Depreciation and amortization			3,080		209		216		80		145		3,730
	Impairment of assets			-		269		-		686		-		955
	EBITDA (b)		$	5,763	$	-3,184	$	1,446	$	-2,435	$	1,049	$	2,639
	Total assets		$	49,492	$	37,275	$	5,516	$	87,228	$	5,437	$	184,948
	Total liabilities		$	35,682	$	62,494	$	1,735	$	43,521	$	-37,785	$	105,647
	Capital expenditures		$	1,217	$	18	$	134	$	42	$	-	$	1,411
	Year ended April 30, 2013:
	Revenues (a), (c)		$	57,472	$	8,867	$	15,766	$	1,167	$	-271	$	83,001
	Net income (loss) (c)			82		-809		711		-4,270		1,448		-2,838
	Provision (benefit) for income taxes			176		-620		422		-2,475		738		-1,759
	Interest expense (income), net			2,118		-1,434		107		2,224		-1,504		1,511
	Depreciation and amortization			2,941		373		222		81		145		3,762
	Impairment of assets			-		-		-		1,511		-		1,511
	EBITDA (b)		$	5,317	$	-2,490	$	1,462	$	-2,929	$	827	$	2,187
	Total assets		$	55,949	$	44,850	$	4,237	$	88,082	$	2,738	$	195,856
	Total liabilities		$	40,157	$	72,184	$	1,337	$	40,816	$	-31,179	$	123,315
	Capital expenditures		$	702	$	287	$	60	$	-	$	-	$	1,049
	Year ended April 30, 2012:
	Revenues (a)		$	62,230	$	9,127	$	12,090	$	2,171	$	-258	$	85,360
	Net income (loss)			1,222		-1,156		156		-2,405		1,040		-1,143
	Provision (benefit) for income taxes			767		-305		20		-1,864		486		-896
	Interest expense (income), net			888		7		-		1,687		-1,179		1,403
	Depreciation and amortization			3,964		529		258		81		147		4,979
	Impairment of assets			-		-		-		570		-		570
	EBITDA (b)		$	6,841	$	-925	$	434	$	-1,931	$	494	$	4,913
	Total assets		$	56,392	$	46,519	$	4,769	$	86,966	$	8,393	$	203,039
	Total liabilities		$	43,185	$	71,904	$	1,723	$	35,825	$	-24,243	$	128,394
	Capital expenditures		$	735	$	301	$	37	$	-	$	-	$	1,073
		(a)	Revenue information provided for each segment includes amounts grouped as Other in the accompanying statements of operations. Corporate revenue is net of an intercompany revenue elimination.
		(b)	The Company uses EBITDA (which the Company defines as income before net interest expense, income taxes, depreciation and amortization, and non-cash impairment charges) in addition to net income (loss) as a key measure of profit or loss for segment performance and evaluation purposes.
		(c)	The Subscription Fulfillment Services business includes $1,759,000 of revenues and a $208,000 net loss from the operations of FulCircle for the four month period ended April 30, 2013.
	(d)  Pursuant to a settlement agreement with a significant customer entered into in June 2014, Newsstand Distribution Services, which is operated through Kable Distribution, significantly reduced its negative working capital. On a pro forma basis, if the settlement agreement had been in effect as of April 30, 2014, Kable Distribution estimates that its negative working capital would have been reduced by $12,077,000. For further details regarding the settlement agreement, see Note 20.
	During 2014, the Company determined that, based on the characterization of certain transactions that occurred in prior periods, no intersegment interest income or expense relating to such transactions would be appropriate. As a result, the intersegment interest income and expense relating to such transactions has been removed from the presentation above for all periods presented. For each period presented, there was no effect on the reported EBITDA, which the Company uses as a key measure for segment performance and evaluation purposes.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS:	12 Months Ended
	Apr. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	-20	SUBSEQUENT EVENTS:
	During the first quarter of 2015, the Company and its indirect subsidiaries, Kable Distribution and Palm Coast, entered into a settlement agreement with a significant customer, Heinrich Bauer (USA) LLC (“Bauer”).
	Kable Distribution and Bauer were parties to an ordinary course of business contract pursuant to which Kable Distribution distributes certain magazines of Bauer in return for a commission. Palm Coast and Bauer are parties to an ordinary course of business contract pursuant to which Palm Coast provides certain fulfillment services to Bauer in return for service fees.
	As described in Note 7, Kable Distribution operates with negative working capital. The negative working capital of Kable Distribution represents the net payment obligation due to publisher clients and other third parties, which amounts will vary from period to period based on the level of magazine distribution. The negative working capital of Kable Distribution is calculated by deducting (a) the sum of the cash held by Kable Distribution plus the accounts receivable (net of estimated magazine returns to Kable Distribution) owed to Kable Distribution from wholesalers, retailers and other third parties from (b) the accounts payable (net of estimated magazine returns to publishers) owed by Kable Distribution to publisher clients and other third parties.
	During the first quarter of 2014, Kable Distribution received notice that its ordinary course of business contract with Bauer, which provides Kable Distribution with a substantial amount of negative working capital liquidity, would not be renewed upon its scheduled expiration in June 2014.
	Pursuant to the settlement agreement, Kable Distribution agreed to eliminate the commission paid by Bauer to Kable Distribution for distribution services for the remainder of the contract and to amend the payment procedures with respect to amounts received by Kable Distribution from wholesalers or retailers relating to the domestic sale by Kable Distribution of Bauer magazines to such wholesalers or retailers; Palm Coast agreed to reduce certain fees charged to Bauer for fulfillment services, with Bauer agreeing to extend the term of its fulfillment agreement to at least December 31, 2018; and the Company agreed to issue to Bauer 825,000 shares of common stock, par value $.10, of the Company, which represents approximately 10.3% of the outstanding shares of common stock of the Company following such issuance, with Bauer agreeing to not sell or transfer such shares for a period of six months. In return for such consideration, Bauer released all claims it may have had against each of Kable Distribution, Palm Coast, the Company and its related persons, other than the obligations of Kable Distribution, Palm Coast and the Company under the settlement agreement, the future obligations of Kable Distribution under its distribution agreement as amended by the settlement agreement and the future obligations of Palm Coast under its fulfillment agreement as amended by the settlement agreement. In particular, the settlement agreement releases Kable Distribution from having to pay the accounts payable owed to Bauer relating to the domestic sale by Kable Distribution of Bauer magazines other than to the extent amounts have been received by Kable Distribution or Bauer on or after May 14, 2014 from wholesalers or retailers relating to the domestic sale by Kable Distribution of Bauer magazines to such wholesalers or retailers. As a result of the settlement agreement, on a pro forma basis, if the settlement agreement had been in effect as of April 30, 2014, Kable Distribution estimates that its negative working capital would have been reduced by $12,077,000.
	In addition, during the first quarter of 2015, certain subsidiaries of the Company engaged in the Media Services business entered into the fourth amendment to the Media Services Credit Facility with its lender. The fourth amendment provides the bank’s consent to the settlement agreement with Bauer and eliminates references to Bauer in the Media Services Credit Facility. No other material terms of the Media Services Credit Facility changed in connection with the Fourth Amendment.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING AND FINANCIAL REPORTING POLICIES: (Policies)	12 Months Ended
	Apr. 30, 2014
Accounting Policies [Abstract]	'
Consolidation, Policy [Policy Text Block]	'
	Organization and principles of consolidation
	The consolidated financial statements include the accounts of AMREP Corporation, an Oklahoma corporation, and its subsidiaries (individually and collectively, as the context requires, the “Company”). The Company, through its subsidiaries, is primarily engaged in four business segments: the Subscription Fulfillment Services business operated by Palm Coast Data LLC (“Palm Coast”) and its subsidiary, FulCircle Media, LLC (“FulCircle”), the Newsstand Distribution Services business and the Product Packaging and Fulfillment Services and Staffing businesses operated by Kable Media Services, Inc. and its subsidiaries (“Kable”) (the Subscription Fulfillment Services business, the Newsstand Distribution Services business and the Product Packaging and Fulfillment Services and Staffing businesses are collectively referred to as “Media Services”) and the real estate business operated by AMREP Southwest Inc. (“AMREP Southwest”) and its subsidiaries. The results of FulCircle have been included in the Subscription Fulfillment Services business segment since that subsidiary acquired certain assets from a third party on December 31, 2012. All significant intercompany accounts and transactions have been eliminated in consolidation.
	The consolidated balance sheets are presented in an unclassified format since the Company has substantial operations in the real estate industry and its operating cycle is greater than one year. Certain 2013 and 2012 balances in these financial statements have been reclassified to conform to the current year presentation with no effect on the net income or loss or shareholders’ equity.
Fiscal Period, Policy [Policy Text Block]	'
	Fiscal year
	The Company’s fiscal year ends on April 30. All references to 2014, 2013 and 2012 mean the fiscal years ended April 30, 2014, 2013 and 2012, unless the context otherwise indicates.
Revenue Recognition, Policy [Policy Text Block]	'
	Revenue recognition
	Media Services - Revenues from Media Services operations include revenues from magazine subscription fulfillment, the distribution of periodicals, product packaging and fulfillment services and temporary staffing services. Revenues from Subscription Fulfillment Services activities represent fees from the maintenance of computer files for customers and other fulfillment activities, including customer telephone support, and graphic arts and lettershop services, all of which are billed and earned monthly as the services are provided. In accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 605-45, certain reimbursed postage costs are accounted for on a net basis. Newsstand Distribution Services revenues principally represent commissions earned from the distribution of publications for client publishers and are recorded by the Company at the time the publications go on sale at the retail level, in accordance with ASC 605-15. Because the publications are sold throughout the distribution chain on a fully-returnable basis in accordance with prevailing industry practice, the Company provides for estimated returns from wholesalers at the time the publications go on sale by charges to income that are based on historical experience and the most recent sales data for publications on an issue-by-issue basis, and then simultaneously provides for estimated credits from publishers for the related returns. Accordingly, revenues represent the difference between the Company’s estimates of its net sales to wholesalers and its net purchases from publisher clients. Estimates are continually re-evaluated throughout the sales process, and final settlement is typically made 90 days after a magazine’s “off-sale” date.
	Real Estate - Land sales are recognized when all elements of ASC 360-20 are met, including when the parties are bound by the terms of the contract, all consideration (including adequate cash) has been exchanged, title and other attributes of ownership have been conveyed to the buyer by means of a closing and the Company is not obligated to perform further significant development of the specific property sold. Profit is recorded either in its entirety or on the installment method depending upon, among other things, the ability to estimate the collectability of the unpaid sales price. In the event the buyer defaults on an obligation with respect to real estate inventory which has been sold, the property may be repossessed (“take-back lots”). When repossessed, take-back lots are taken into inventory at fair market value less estimated costs to sell. Fair market value is supported by current third party appraisals.
	Cost of land sales includes all direct acquisition costs and other costs specifically identified with the property, including pre-acquisition costs and capitalized real estate taxes and interest, and an allocation of certain common development costs (such as roads, sewers and amenities) associated with the entire project. Common development costs include the installation of utilities and roads, and may be based upon estimates of cost to complete. The allocation of costs is based on the relative fair value of the property before development. Estimates and cost allocations are reviewed on a regular basis until a project is substantially completed, and are revised and reallocated as necessary on the basis of current estimates.
Cash and Cash Equivalents, Policy [Policy Text Block]	'
	Cash and cash equivalents
	Cash equivalents consist of highly liquid investments that have an original maturity of ninety days or less and are readily convertible into cash.
Receivables, Policy [Policy Text Block]	'
	Receivables
	Receivables are carried at original invoice or closing statement amounts less estimates made for doubtful accounts and, in the case of Newsstand Distribution Services receivables, return allowances. Management determines the allowances for doubtful accounts by reviewing and identifying troubled accounts and by using historical experience applied to an aging of accounts. A receivable is considered to be past due if any portion of the receivable balance is outstanding for more than ninety days. Receivables are written off when deemed uncollectible. Recoveries of receivables previously written off are recorded when received.
	Receivables for the Newsstand Distribution Services business are based on estimates of allowances for magazine returns to the Company from wholesalers and the offsetting return of magazines by the Company to publishers for credit and are determined on an issue-by-issue basis utilizing historical experience and current sales information
Inventory, Real Estate, Policy [Policy Text Block]	'
	Real estate inventory
	The Company accounts for its real estate inventories in accordance with ASC 360-10. The cost basis of the land and improvements includes all direct acquisition costs including development costs, certain amenities, capitalized interest, capitalized real estate taxes and other costs. Interest and real estate taxes are not capitalized unless active development is underway. Land and improvements on land held for future development or sale are stated at accumulated cost and tested for recoverability as described below under “Impairment of long-lived assets”. Take-back lots (as discussed above under “Revenue recognition”) are initially recorded at fair market value less estimated costs to sell, establishing a new cost basis and are subsequently measured at the lower of cost or fair market value less estimated costs to sell.
	Real estate inventory is to be evaluated and reviewed for impairment when events or changes in circumstances indicate the carrying value of an asset may not be recoverable. Provisions for impairment are recorded when undiscounted cash flows estimated to be generated by those assets are less than the carrying amount of the assets. The amount of impairment would be equal to the difference between the carrying value of an asset and its fair value.
	For real estate projects under development, an estimate of future cash flows on an undiscounted basis is determined using estimated future expenditures necessary to complete such projects and using management’s best estimates about sales prices and holding periods. The estimation process involved in determining if assets have been impaired and in the determination of estimated future cash flows is inherently uncertain because it requires estimates of future revenues and costs, as well as future events and conditions. If the excess of undiscounted cash flows over the carrying value of a project is small, there is a greater risk of future impairment and any resulting impairment charges could be material. Due to the subjective nature of the estimates and assumptions used in determining future cash flows, actual results could differ materially from current estimates and the Company may be required to recognize additional impairment charges in the future.
Real Estate Owned, Valuation Allowance, Policy [Policy Text Block]	'
	Investment assets
	Investment assets primarily consist of investment land, which represents vacant, undeveloped land not held for development or sale in the normal course of business, and is stated at the lower of cost or fair market value less estimated costs to sell.
Property, Plant and Equipment, Policy [Policy Text Block]	'
	Property, plant and equipment
	Items capitalized as part of property, plant and equipment are recorded at cost. Expenditures for maintenance and repair and minor renewals are charged to expense as incurred, while those expenditures that improve or extend the useful life of existing assets are capitalized. Upon the sale or other disposition of assets, their cost and the related accumulated depreciation or amortization are removed from the accounts and the resulting gain or loss, if any, is reflected in operations.
	Depreciation and amortization of property, plant and equipment are provided principally by the straight-line method at various rates calculated to amortize the book values of the respective assets over their estimated useful lives, which generally are 10 years or less for furniture and fixtures (including equipment) and 25 to 40 years for buildings and improvements.
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	'
	Impairment of long-lived assets
	The Company accounts for it long-lived assets, including certain real estate, property, plant and equipment, and intangible and other assets, in accordance with ASC 360-10. Asset impairment determinations are based upon the intended use of assets, expected future cash flows and estimates of fair value of assets. Testing of operating asset groups includes an estimate of future cash flows on an undiscounted basis using estimated revenue streams, operating margins and administrative expenses. Similar to real estate inventory, the estimation process involved in determining if assets have been impaired and in the determination of estimated future cash flows is inherently uncertain because it requires estimates of future revenues and costs, as well as future events and conditions.
Income Tax, Policy [Policy Text Block]	'
	Income taxes
	Deferred income tax assets and liabilities are determined based on differences between the financial reporting and tax bases of assets and liabilities, and are measured by using currently enacted tax rates expected to apply to taxable income in the years in which those differences are expected to reverse. The Company provides a valuation allowance against net deferred tax assets unless, based upon the available evidence, it is more likely than not that the deferred tax assets will be realized.
Earnings Per Share, Policy [Policy Text Block]	'
	Earnings (loss) per share
	Basic earnings (loss) per share is based on the weighted average number of common shares outstanding during each year. The restricted shares of common stock (see Note 11) are not included in the computation of basic earnings per share, as they are considered contingently returnable shares. The restricted shares of common stock are included in diluted earnings per share if they are dilutive. Due to the net loss for all periods presented, all such potentially dilutive shares have been excluded in the computation of diluted earnings per share because they are anti-dilutive.
Pension and Other Postretirement Plans, Pensions, Policy [Policy Text Block]	'
	Pension plan
	The Company recognizes the over-funded or under-funded status of its defined benefit retirement plan as an asset or liability as of the date of its year-end statement of financial position and changes in that funded status in the year in which the changes occur through comprehensive income (loss).
Comprehensive Income, Policy [Policy Text Block]	'
	Comprehensive income (loss)
	Comprehensive income (loss) is defined as the change in equity during a period from transactions and other events from non-owner sources.    Total comprehensive income (loss) is the total of net income (loss) and other comprehensive income (loss) that, for the Company, consists solely of the minimum pension liability net of the related deferred income tax effect.
Use of Estimates, Policy [Policy Text Block]	'
	Management’s estimates and assumptions
	The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Significant estimates that affect the financial statements include, but are not limited to, (i) the determination of revenue recognition for the Newsstand Distribution Services business, which is based on estimates of allowances for magazine returns to the Company from wholesalers and the offsetting returns of magazines by the Company to publishers for credit; (ii) allowances for doubtful accounts; (iii) real estate cost of sales calculations, which are based on land development budgets and estimates of costs to complete; (iv) cash flow and valuation assumptions in performing asset impairment tests of long-lived assets (including real estate inventories) and assets held for sale; (v) actuarially determined benefit obligation and other pension plan accounting and disclosures; (vi) risk assessment of uncertain tax positions; (vii) the determination of the recoverability of net deferred tax assets; and (viii) legal contingencies. The Company bases its significant estimates on historical experience and on various other assumptions that management believes are reasonable under the circumstances. Actual results could differ from these estimates.
New Accounting Pronouncements, Policy [Policy Text Block]	'
	Recent Accounting Pronouncements
	The Company has evaluated the recent accounting pronouncements through the date the financial statements were issued and filed with the Securities and Exchange Commission and believes that none of them will have a material effect on the Company’s financial statements.

RECEIVABLES_Tables

RECEIVABLES: (Tables)	12 Months Ended
	Apr. 30, 2014
Receivables [Abstract]	'
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	'
	Receivables consist of:
		April 30,
		2014		2013
		(in thousands)
	Media Services operations:
	Subscription Fulfillment Services	$	11,406	$	12,751
	Newsstand Distribution Services, net of estimated returns		31,226		33,956
	Product Packaging and Fulfillment Services and Staffing		3,978		2,675
			46,610		49,382
	Less reserves for doubtful accounts		-3,113		-2,179
		$	43,497	$	47,203
	Real estate operations and corporate:
	Mortgage notes and other receivables	$	-	$	107

INVESTMENT_ASSETS_Tables

INVESTMENT ASSETS: (Tables)	12 Months Ended
	Apr. 30, 2014
Investment Assets [Abstract]	'
Schedule Of Investment Assets [Table Text Block]	'
	Investment assets consist of:
		April 30,
		2014		2013
		(in thousands)
	Land held for long-term investment	$	10,234	$	10,552
	Other		-		753
	Less accumulated depreciation and reserves		-		-429
			-		324
		$	10,234	$	10,876

PROPERTY_PLANT_AND_EQUIPMENT_T

PROPERTY, PLANT AND EQUIPMENT: (Tables)	12 Months Ended
	Apr. 30, 2014
Property, Plant and Equipment Disclosure [Abstract]	'
Property, Plant and Equipment [Table Text Block]	'
	Property, plant and equipment consist of:
		April 30,
		2014		2013
		(in thousands)
	Land, buildings and improvements	$	27,935	$	29,500
	Furniture and equipment		23,952		23,736
			51,887		53,236
	Less accumulated depreciation		-28,068		-27,950
		$	23,819	$	25,286

INTANGIBLE_AND_OTHER_ASSETS_Ta

INTANGIBLE AND OTHER ASSETS: (Tables)	12 Months Ended
	Apr. 30, 2014
Intangible and Other Assets [Abstract]	'
Schedule Of Intangible and Other Assets [Table Text Block]	'
	Intangible and other assets consist of:
		April 30, 2014				April 30, 2013
		(in thousands)
		Cost		Accumulated		Cost		Accumulated
				Amortization				Amortization
	Deferred order entry costs	$	1,168	$	-	$	1,278	$	-
	Prepaid expenses		4,365		-		3,859		-
	Customer contracts and relationships		16,986		9,342		17,048		7,917
	Other		1,183		234		1,074		367
		$	23,702	$	9,576	$	23,259	$	8,284

ACCOUNTS_PAYABLE_AND_ACCRUED_E1

ACCOUNTS PAYABLE AND ACCRUED EXPENSES: (Tables)	12 Months Ended
	Apr. 30, 2014
Payables and Accruals [Abstract]	'
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]	'
	Accounts payable and accrued expenses consist of:
		April 30,
		2014		2013
		(in thousands)
	Media Services operations:
	Subscription Fulfillment Services	$	10,692	$	10,504
	Newsstand Distribution Services, net of estimated returns		60,696		72,280
	Product Packaging and Fulfillment Services and Staffing		1,502		793
			72,890		83,577
	Real estate operations and corporate:		1,746		1,763
		$	74,636	$	85,340

NOTES_PAYABLE_Tables

NOTES PAYABLE: (Tables)	12 Months Ended
	Apr. 30, 2014
Debt Disclosure [Abstract]	'
Schedule of Debt [Table Text Block]	'
	Notes payable consist of:
		April 30,
		2014		2013
		(in thousands)
	Credit facilities:
	Media Services operations	$	1,059	$	620
	Real estate operations		15,141		16,007
	Other notes payable		4,404		4,351
		$	20,604	$	20,978

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS: (Tables)	12 Months Ended
	Apr. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block]	'
	The following presents assets by balance sheet caption and by the level within the fair value hierarchy (as described above) as of April 30, 2014, 2013 and 2012, for which a non-recurring change in fair value has been recorded during the years then ended (in thousands):
		Level 1		Level 2		Level 3		Impairment Loss
								Recorded
	2014:00:00
	Real estate inventory	$	-	$	-	$	1,285	$	406
	Investment assets	$	-	$	-	$	787	$	280
	Property, plant and equipment	$	-	$	-	$	352	$	269
	2013:00:00
	Real estate inventory	$	-	$	-	$	2,390	$	1,125
	Investment assets	$	-	$	-	$	1,067	$	386
	2012:00:00
	Real estate inventory	$	-	$	-	$	744	$	525
	Investment assets	$	-	$	-	$	430	$	45

BENEFIT_PLANS_Tables

BENEFIT PLANS: (Tables)	12 Months Ended
	Apr. 30, 2014
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]	'
Schedule of Net Benefit Costs [Table Text Block]	'
	Net periodic pension cost for 2014, 2013 and 2012 was comprised of the following components (in thousands):
		Year Ended April 30,
		2014			2013			2012
	Interest cost on projected benefit obligation	$	1,294		$	1,454		$	1,681
	Expected return on assets		-2,075			-1,596			-1,675
	Plan expenses		234			226			220
	Recognized net actuarial loss		1,662			1,802			1,145
	Total cost recognized in pretax income		1,115			1,886			1,371
	Cost (gain) recognized in pretax other comprehensive income		-3,853			-1,185			5,094
	Net periodic pension cost (income)	$	-2,738		$	701		$	6,465
Schedule of Assumptions Used [Table Text Block]	'
	Assumptions used in determining net periodic pension cost and the benefit obligation were:
		Year Ended April 30,
		2014				2013				2012
	Discount rate used to determine net periodic pension cost		3.47	%			3.97	%			5.05	%
	Discount rate used to determine pension benefit obligation		3.9	%			3.47	%			3.97	%
	Expected long-term rate of return on assets on assets		8	%			8	%			8	%
Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]	'
	The following table sets forth changes in the pension plan’s benefit obligation and assets, and summarizes components of amounts recognized in the Company’s consolidated balance sheet (in thousands):
		April 30,
		2014			2013			2012
	Change in benefit obligation:
	Benefit obligation at beginning of year	$	38,582		$	37,899		$	34,550
	Interest cost		1,294			1,454			1,681
	Actuarial (gain) loss		-1,009			1,536			3,992
	Benefits paid		-2,398			-2,307			-2,324
	Benefit obligation at end of year	$	36,469		$	38,582		$	37,899
	Change in plan assets:
	Fair value of plan assets at beginning of year	$	24,777		$	20,222		$	21,931
	Company contributions		3,718			4,572			1,407
	Actual return on plan assets		3,268			2,523			-568
	Benefits paid		-2,398			-2,307			-2,324
	Plan expenses		-245			-233			-224
	Fair value of plan assets at end of year	$	29,120		$	24,777		$	20,222
	Funded (underfunded) status:	$	-7,349		$	-13,805		$	-17,677
	Recognition of underfunded status:
	Accrued pension cost	$	-7,349		$	-13,805		$	-17,677
Schedule of Net Periodic Benefit Cost Not yet Recognized [Table Text Block]	'
	The following table summarizes the amounts recorded in accumulated other comprehensive loss, which have not yet been recognized as a component of net periodic pension costs (in thousands):
		Year Ended April 30,
		2014			2013			2012
	Pre-tax accumulated comprehensive loss	$	14,953		$	18,806		$	19,991
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]	'
	The following table summarizes the changes in accumulated other comprehensive loss related to the pension plan for the years ended April 30, 2014 and 2013 (in thousands):
		Pension Benefits
		Pre-tax			Net of Tax
	Accumulated comprehensive loss, May 1, 2012	$	19,991		$	12,298
	Net actuarial loss		617			383
	Amortization of net loss		-1,802			-1,117
	Accumulated comprehensive loss, April 30, 2013		18,806			11,564
	Net actuarial gain		-2,191			-1,359
	Amortization of net loss		-1,662			-1,030
	Accumulated comprehensive loss, April 30, 2014	$	14,953		$	9,175
Schedule of Allocation of Plan Assets [Table Text Block]	'
	The average asset allocation for the retirement plan by asset category was as follows:
		April 30,
		2014			2013
	Equity securities		65	%		67	%
	Fixed income securities		27			28
	Other (principally cash and cash equivalents)		8			5
	Total		100	%		100	%
Schedule of Changes in Fair Value of Plan Assets [Table Text Block]	'
	The following tables set forth by level within the fair value hierarchy the pension plan’s assets at fair value as of April 30, 2014 and 2013 (in thousands):
	2014:00:00
		Total			Level 1			Level 2			Level 3
	Cash and cash equivalents	$	2,466		$	2,466		$	-		$	-
	Investments at fair value:
	Equity securities		18,844			18,844			-			-
	Corporate bonds and debentures		7,810			-			7,810			-
	Total assets at fair value	$	29,120		$	21,310		$	7,810		$	-
	2013:00:00
		Total			Level 1			Level 2			Level 3
	Cash and cash equivalents	$	1,251		$	1,251		$	-		$	-
	Investments at fair value:
	Equity securities		16,669			16,669			-			-
	Corporate bonds and debentures		6,215			-			6,215			-
	U.S. Treasury and government agency securities		642			640			2			-
	Total assets at fair value	$	24,777		$	18,560		$	6,217		$	-

INCOME_TAXES_Tables

INCOME TAXES: (Tables)	12 Months Ended
	Apr. 30, 2014
Income Tax Disclosure [Abstract]	'
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	'
	The provision (benefit) for income taxes consists of the following:
		Year Ended April 30,
		2014		2013		2012
		(in thousands)
	Current:
	Federal	$	-284	$	-131	$	-370
	State and local		150		11		114
			-134		-120		-256
	Deferred:
	Federal		-1,155		-1,334		-505
	State and local		388		-305		-135
			-767		-1,639		-640
	Total provision (benefit) for income taxes	$	-901	$	-1,759	$	-896
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	'
	The components of the net deferred income taxes are as follows:
		April 30,
		2014		2013
		(in thousands)
	Deferred income tax assets:
	State tax loss carryforwards	$	3,698	$	3,927
	Accrued pension costs		2,755		3,827
	U.S. Federal NOL carryforward		4,843		5,592
	Canadian NOL carryforward		236		133
	Vacation accrual		593		698
	Intangibles and deductible goodwill		5,747		6,595
	Real estate basis differences		3,415		2,523
	Other		669		103
	Total deferred income tax assets		21,956		23,398
	Deferred income tax liabilities:
	Reserve for periodical returns		-1,138		-2,036
	Depreciable assets		-4,275		-4,446
	Deferred gains on investment assets		-4,423		-4,428
	Capitalized costs for financial reporting purposes, expensed for tax		-451		-606
	Total deferred income tax liabilities		-10,287		-11,516
	Valuation allowance for realization of state tax loss carryforwards		-2,627		-2,268
	Net deferred income tax asset	$	9,042	$	9,614
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	'
	The following table reconciles taxes computed at the U.S. federal statutory income tax rate from continuing operations to the Company's actual tax provision:
		Year Ended April 30,
		2014		2013		2012
		(in thousands)
	Computed tax provision (benefit) at statutory rate	$	-1,344	$	-1,610	$	-713
	Increase (reduction) in tax resulting from:
	State income taxes, net of federal income tax effect		-40		-192		-14
	Expiration of state NOLs		181		237		342
	Change in valuation allowance		359		-276		-338
	Adjustment for unrecognized tax benefits		-123		-41		-296
	Meals and entertainment		36		45		47
	Other		30		78		76
	Actual tax provision (benefit)	$	-901	$	-1,759	$	-896
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]	'
	The following table summarizes the beginning and ending gross amount of unrecognized tax benefits (in thousands):
		2014		2013
	Gross unrecognized tax benefits at beginning of year	$	1,516	$	1,741
	Gross increases:
	Additions based on tax positions related to current year		-		-
	Additions based on tax positions of prior years		-		-
	Gross decreases:
	Reductions based on tax positions of prior years		-1,458		-217
	Reductions based on the lapse of the applicable statute of limitations		-		-8
	Gross unrecognized tax benefits at end of year	$	58	$	1,516

INFORMATION_ABOUT_THE_COMPANYS1

INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS: (Tables)	12 Months Ended
	Apr. 30, 2014
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
	Summarized data relative to the industry segments in which the Company has continuing operations is as follows (in thousands):
			Subscription		Newsstand		Product		Real Estate		Corporate		Consolidated
			Fulfillment		Distribution		Services and		Operations		and
			Services		Services (d)		Staffing				Other
	Year ended April 30, 2014:
	Revenues (a)		$	58,536	$	6,906	$	18,177	$	4,000	$	-282	$	87,337
	Net income (loss)			982		-2,345		781		-4,118		1,761		-2,939
	Provision (benefit) for income taxes			971		-1,390		448		-1,823		893		-901
	Interest expense (income), net			730		73		1		2,740		-1,750		1,794
	Depreciation and amortization			3,080		209		216		80		145		3,730
	Impairment of assets			-		269		-		686		-		955
	EBITDA (b)		$	5,763	$	-3,184	$	1,446	$	-2,435	$	1,049	$	2,639
	Total assets		$	49,492	$	37,275	$	5,516	$	87,228	$	5,437	$	184,948
	Total liabilities		$	35,682	$	62,494	$	1,735	$	43,521	$	-37,785	$	105,647
	Capital expenditures		$	1,217	$	18	$	134	$	42	$	-	$	1,411
	Year ended April 30, 2013:
	Revenues (a), (c)		$	57,472	$	8,867	$	15,766	$	1,167	$	-271	$	83,001
	Net income (loss) (c)			82		-809		711		-4,270		1,448		-2,838
	Provision (benefit) for income taxes			176		-620		422		-2,475		738		-1,759
	Interest expense (income), net			2,118		-1,434		107		2,224		-1,504		1,511
	Depreciation and amortization			2,941		373		222		81		145		3,762
	Impairment of assets			-		-		-		1,511		-		1,511
	EBITDA (b)		$	5,317	$	-2,490	$	1,462	$	-2,929	$	827	$	2,187
	Total assets		$	55,949	$	44,850	$	4,237	$	88,082	$	2,738	$	195,856
	Total liabilities		$	40,157	$	72,184	$	1,337	$	40,816	$	-31,179	$	123,315
	Capital expenditures		$	702	$	287	$	60	$	-	$	-	$	1,049
	Year ended April 30, 2012:
	Revenues (a)		$	62,230	$	9,127	$	12,090	$	2,171	$	-258	$	85,360
	Net income (loss)			1,222		-1,156		156		-2,405		1,040		-1,143
	Provision (benefit) for income taxes			767		-305		20		-1,864		486		-896
	Interest expense (income), net			888		7		-		1,687		-1,179		1,403
	Depreciation and amortization			3,964		529		258		81		147		4,979
	Impairment of assets			-		-		-		570		-		570
	EBITDA (b)		$	6,841	$	-925	$	434	$	-1,931	$	494	$	4,913
	Total assets		$	56,392	$	46,519	$	4,769	$	86,966	$	8,393	$	203,039
	Total liabilities		$	43,185	$	71,904	$	1,723	$	35,825	$	-24,243	$	128,394
	Capital expenditures		$	735	$	301	$	37	$	-	$	-	$	1,073
		(a)	Revenue information provided for each segment includes amounts grouped as Other in the accompanying statements of operations. Corporate revenue is net of an intercompany revenue elimination.
		(b)	The Company uses EBITDA (which the Company defines as income before net interest expense, income taxes, depreciation and amortization, and non-cash impairment charges) in addition to net income (loss) as a key measure of profit or loss for segment performance and evaluation purposes.
		(c)	The Subscription Fulfillment Services business includes $1,759,000 of revenues and a $208,000 net loss from the operations of FulCircle for the four month period ended April 30, 2013.
	(d)  Pursuant to a settlement agreement with a significant customer entered into in June 2014, Newsstand Distribution Services, which is operated through Kable Distribution, significantly reduced its negative working capital. On a pro forma basis, if the settlement agreement had been in effect as of April 30, 2014, Kable Distribution estimates that its negative working capital would have been reduced by $12,077,000. For further details regarding the settlement agreement, see Note 20.

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING AND FINANCIAL REPORTING POLICIES: (Details Textual)	12 Months Ended
	Apr. 30, 2014
Accounting Policies [Line Items]	'
Property, Plant and Equipment, Depreciation Methods	'Depreciation and amortization of property, plant and equipment are provided principally by the straight-line method at various rates calculated to amortize the book values of the respective assets over their estimated useful lives, which generally are 10 years or less for furniture and fixtures (including equipment) and 25 to 40 years for buildings and improvements

RECEIVABLES_Details

RECEIVABLES: (Details) (USD $)	Apr. 30, 2014	Apr. 30, 2013
In Thousands, unless otherwise specified
Media Services operations:	'	'
Media Services Operations Gross	$46,610	$49,382
Less allowance for doubtful accounts	-3,113	-2,179
Media services operations, net	43,497	47,203
Real estate operations and corporate:	'	'
Mortgage notes and other receivables	0	107
Media Services, Subscription Fulfillment Services [Member]	'	'
Media Services operations:	'	'
Accounts Receivables Media Services Operations Gross	11,406	12,751
Media Services, Newsstand Distribution Services, Net Of Estimated Returns [Member]	'	'
Media Services operations:	'	'
Accounts Receivables Media Services Operations Gross	31,226	33,956
Media Services, Product Services and Other [Member]	'	'
Media Services operations:	'	'
Accounts Receivables Media Services Operations Gross	$3,978	$2,675

RECEIVABLES_Details_Textual

RECEIVABLES: (Details Textual) (USD $)	12 Months Ended
	Apr. 30, 2014	Apr. 30, 2013
Receivables [Line Items]	'	'
Media Service Operations Due, Percentage Of Accounts Receivable	77.00%	76.00%
Real Estate Stated Interest Rates For Mortgage Notes Receivable	'	8.50%
Allowance for Doubtful Accounts Receivable, Current	$700,000	$2,000,000
Allowance for Doubtful Accounts Receivable, Recoveries	400,000	'
Media Services, Newsstand Distribution Services, Net Of Estimated Returns [Member]	'	'
Receivables [Line Items]	'	'
Estimated Magazine Sales Returns	70,437,000	75,897,000
Allowance for Doubtful Accounts Receivable, Current	$1,300,000	'

REAL_ESTATE_INVENTORY_Details_

REAL ESTATE INVENTORY: (Details Textual) (USD $)	12 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Real Estate Disclosure [Line Items]	'	'	'
Accumulated Capitalized Interest Costs	$3,959,000	$3,959,000	'
Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements	1,759,000	1,766,000	'
Cost of Real Estate Sales, Interest	$7,000	$8,000	$36,000

INVESTMENT_ASSETS_Details

INVESTMENT ASSETS: (Details) (USD $)	Apr. 30, 2014	Apr. 30, 2013
In Thousands, unless otherwise specified
Real Estate Investment Property, Net	'	'
Land held for long-term investment	$10,234	$10,552
Other	0	753
Less accumulated depreciation and reserves	0	-429
Real Estate Held-For-Sale, Net	0	324
Real Estate Investment Property, Net, Total	$10,234	$10,876

INVESTMENT_ASSETS_Details_Text

INVESTMENT ASSETS: (Details Textual) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2013	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
		acre
Investment Assets [Line Items]	'	'	'	'
Area of Land	'	12,260	'	'
Impairment of assets	$169	$955	$1,511	$570

PROPERTY_PLANT_AND_EQUIPMENT_D

PROPERTY, PLANT AND EQUIPMENT: (Details) (USD $)	Apr. 30, 2014	Apr. 30, 2013
In Thousands, unless otherwise specified
Property, Plant and Equipment [Line Items]	'	'
Property, Plant and Equipment, Gross	$51,887	$53,236
Less accumulated depreciation	-28,068	-27,950
PROPERTY, PLANT AND EQUIPMENT, net	23,819	25,286
Land, Buildings and Improvements [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property, Plant and Equipment, Gross	27,935	29,500
Furniture and Fixtures [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property, Plant and Equipment, Gross	$23,952	$23,736

PROPERTY_PLANT_AND_EQUIPMENT_D1

PROPERTY, PLANT AND EQUIPMENT: (Details Textual) (USD $)	12 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Property, Plant and Equipment [Line Items]	'	'	'
Depreciation	$2,123,000	$2,048,000	$3,166,000

INTANGIBLE_AND_OTHER_ASSETS_De

INTANGIBLE AND OTHER ASSETS: (Details) (USD $)	Apr. 30, 2014	Apr. 30, 2013
In Thousands, unless otherwise specified
Acquired Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Assets, Cost	$23,702	$23,259
Finite-Lived Intangible Assets, Accumulated Amortization	9,576	8,284
Deferred Order Entry Costs [Member]	'	'
Acquired Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Assets, Cost	1,168	1,278
Finite-Lived Intangible Assets, Accumulated Amortization	0	0
Prepaid Expenses [Member]	'	'
Acquired Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Assets, Cost	4,365	3,859
Finite-Lived Intangible Assets, Accumulated Amortization	0	0
Customer Contracts and Relationships [Member]	'	'
Acquired Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Assets, Cost	16,986	17,048
Finite-Lived Intangible Assets, Accumulated Amortization	9,342	7,917
Other Intangible Assets [Member]	'	'
Acquired Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Assets, Cost	1,183	1,074
Finite-Lived Intangible Assets, Accumulated Amortization	$234	$367

INTANGIBLE_AND_OTHER_ASSETS_De1

INTANGIBLE AND OTHER ASSETS: (Details Textual) (USD $)	12 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Acquired Finite-Lived Intangible Assets [Line Items]	'	'	'
Amortization of Intangible Assets	$1,607,000	$1,714,000	$1,813,000
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	1,700,000	'	'
Finite-Lived Intangible Assets, Amortization Expense, Year Two	1,700,000	'	'
Finite-Lived Intangible Assets, Amortization Expense, Year Three	1,600,000	'	'
Finite-Lived Intangible Assets, Amortization Expense, Year Four	1,600,000	'	'
Finite-Lived Intangible Assets, Amortization Expense, Year Five	$1,200,000	'	'

ACCOUNTS_PAYABLE_AND_ACCRUED_E2

ACCOUNTS PAYABLE AND ACCRUED EXPENSES: (Details) (USD $)	Apr. 30, 2014	Apr. 30, 2013
In Thousands, unless otherwise specified
Accounts Payable and Accrued Liabilities Disclosure [Line Items]	'	'
Accounts Payable and Accrued Liabilities, Total	$74,636	$85,340
Media Services Operations, Subscription Fulfillment Services [Member]	'	'
Accounts Payable and Accrued Liabilities Disclosure [Line Items]	'	'
Accounts Payable and Accrued Liabilities, Total	10,692	10,504
Media Services Operations, Newsstand Distribution Services [Member]	'	'
Accounts Payable and Accrued Liabilities Disclosure [Line Items]	'	'
Accounts Payable and Accrued Liabilities, Total	60,696	72,280
Media Services Operations, Product Packaging and Fulfillment Services and Other [Member]	'	'
Accounts Payable and Accrued Liabilities Disclosure [Line Items]	'	'
Accounts Payable and Accrued Liabilities, Total	1,502	793
Real Estate Operations and Corporate [Member]	'	'
Accounts Payable and Accrued Liabilities Disclosure [Line Items]	'	'
Accounts Payable and Accrued Liabilities, Total	1,746	1,763
Media Services Operations, Excluding Real Estate Operations and Corporate [Member]	'	'
Accounts Payable and Accrued Liabilities Disclosure [Line Items]	'	'
Accounts Payable and Accrued Liabilities, Total	$72,890	$83,577

ACCOUNTS_PAYABLE_AND_ACCRUED_E3

ACCOUNTS PAYABLE AND ACCRUED EXPENSES: (Details Textual) (USD $)	Apr. 30, 2014	Apr. 30, 2013
Accounts Payable and Accrued Liabilities Disclosure [Line Items]	'	'
Estimated Reduced Negative Working Capital	$12,077,000	'
Accounts Payable, Other	53,506,000	69,709,000
Accounts Payable and Accrued Liabilities, Total	74,636,000	85,340,000
Customer Postage Deposits Current And Noncurrent	5,708,000	1,897,000
Accounts Payable, Trade	3,242,000	3,275,000
Other Accounts Payable and Accrued Liabilities	5,340,000	4,911,000
Media Services, Newsstand Distribution Services, Net Of Estimated Returns [Member]	'	'
Accounts Payable and Accrued Liabilities Disclosure [Line Items]	'	'
Estimated Magazine Purchase Returns	67,088,000	72,275,000
Negative Working Capital	26,804,000	'
Kable Distribution Services Inc [Member]	'	'
Accounts Payable and Accrued Liabilities Disclosure [Line Items]	'	'
Other Borrowings	1,059,000	'
Estimated Reduced Negative Working Capital	$12,077,000	'

NOTES_PAYABLE_Details

NOTES PAYABLE: (Details) (USD $)	Apr. 30, 2014	Apr. 30, 2013
In Thousands, unless otherwise specified
Credit facilities:	'	'
Notes Payable	$20,604	$20,978
Notes Payable, Other Payables [Member]	'	'
Credit facilities:	'	'
Notes Payable	4,404	4,351
Media Services [Member]	'	'
Credit facilities:	'	'
Notes Payable	1,059	620
Real Estate Operations and Corporate [Member]	'	'
Credit facilities:	'	'
Notes Payable	$15,141	$16,007

NOTES_PAYABLE_Details_Textual

NOTES PAYABLE: (Details Textual) (USD $)	12 Months Ended
	Apr. 30, 2014
	acre
Notes Payable [Line Items]	'
Line of Credit Facility, Current Borrowing Capacity	$12,841,000
Long-term Line of Credit	1,059,000
Debt Instrument, Eurodollar Fixed Interest Rate	3.15%
Mortgage Notes Payable	4,208,000
Mortgage Loan Of Real Estate Final Maturity Date	'February 2018
Mortgage Loans on Real Estate, Interest Rate	6.35%
Equipment Loan	196,000
Equipment Loan Maturity Date	'December 2015
Equipment Loan Interest Rate	9.00%
Other Notes Payable, Current	218,000
Area of Land	12,260
Debt Instrument, Interest Rate During Period	8.50%
Maximum Amount Borrowed	11,098,000
Long-term Debt, Gross	15,141,000
Debt Instrument, Maturity Date	1-Dec-17
Book Value Of Real Estate Property Collateralized	69,855,000
Percentage Of Proceeds To Be Applied For Loan Payment	25.00%
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months	218,000
Long-term Debt, Maturities, Repayments of Principal in Year Two	1,285,000
Long-term Debt, Maturities, Repayments of Principal in Year Three	136,000
Long-term Debt, Maturities, Repayments of Principal in Year Four	18,965,000
Line of Credit Facility, Maximum Borrowing Capacity	15,000,000
Initial Prepaid Amount Percentage Description	'initially 5% of the amount prepaid, with the percentage declining by 1% each year
Line of Credit Facility, Expiration Date	12-May-15
Customer One [Member]	'
Notes Payable [Line Items]	'
Line of Credit Facility, Expiration Date	30-Jun-14
Line of Credit [Member] | Media Services [Member]	'
Notes Payable [Line Items]	'
Debt Instrument, Basis Spread on Variable Rate	3.00%
Debt Instrument, Interest Rate, Effective Percentage Rate Range, Minimum	5.00%
Line of Credit [Member] | Media Services [Member] | Minimum [Member]	'
Notes Payable [Line Items]	'
Debt Instrument, Basis Spread on Variable Rate	2.00%
Debt Instrument, Eurodollar Fixed Interest Rate	2.75%
Line of Credit [Member] | Media Services [Member] | Maximum [Member]	'
Notes Payable [Line Items]	'
Debt Instrument, Basis Spread on Variable Rate	3.00%
Debt Instrument, Eurodollar Fixed Interest Rate	3.00%
Line of Credit [Member] | Asw Credit Facility [Member]	'
Notes Payable [Line Items]	'
Cash Reserve For Interest Payments	$500,000
Area of Land	12,000
Line Of Credit Facility Participation Percentage Purchased	20.00%

OTHER_LIABILITIES_Details_Text

OTHER LIABILITIES: (Details Textual) (USD $)	1 Months Ended			12 Months Ended
	Jun. 30, 2009	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014
				Media Services [Member]
Other Liabilities [Line Items]	'	'	'	'
Other	$3,000,000	$3,058,000	$3,192,000	'
Award Agreement Objectives Description	'	'	'	'The Award Agreement includes certain performance requirements in terms of job retention, job creation and capital investment which, if not met by Palm Coast, entitle the State of Florida to obtain the return of a portion, or all, of the $3,000,000.
Incentive Received Award Agreement	3,000,000	'	'	'
Settlement Of Repayment Amount	$2,527,000	'	'	'

FAIR_VALUE_MEASUREMENTS_Detail

FAIR VALUE MEASUREMENTS: (Details) (USD $)	12 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'
Real estate inventory	$71,289,000	$73,906,000	'
Real estate inventory, Impairment Loss Recorded	406,000	1,125,000	525,000
Investment assets Impairment Loss Recorded	280,000	386,000	45,000
Property, plant and equipment, Impairment Loss Recorded	686,000	1,511,000	570,000
Fair Value, Inputs, Level 1 [Member]	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'
Real estate inventory	0	0	0
Investment assets	0	0	0
Property, plant and equipment, Impairment Loss Recorded	0	'	'
Fair Value, Inputs, Level 2 [Member]	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'
Real estate inventory	0	0	0
Investment assets	0	0	0
Property, plant and equipment, Impairment Loss Recorded	0	'	'
Fair Value, Inputs, Level 3 [Member]	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'
Real estate inventory	1,285,000	2,390,000	744,000
Investment assets	787,000	1,067,000	430,000
Property, plant and equipment, Impairment Loss Recorded	$352,000	'	'

FAIR_VALUE_MEASUREMENTS_Detail1

FAIR VALUE MEASUREMENTS: (Details Textual) (USD $)	3 Months Ended	12 Months Ended
	Jul. 31, 2013	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'	'
Impairment of assets	$169,000	$955,000	$1,511,000	$570,000
Reported Value Measurement [Member]	'	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'	'
Notes Payable, Fair Value Disclosure	'	19,545,000	20,358,000	'
Estimate of Fair Value Measurement [Member]	'	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'	'
Notes Receivable, Fair Value Disclosure	'	0	35,000	'
Notes Payable, Fair Value Disclosure	'	17,739,000	17,000,000	'
Newsstand Distribution Services Business Unit [Member]	'	'	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'	'
Impairment of assets	'	$269,000	'	'

BENEFIT_PLANS_Details

BENEFIT PLANS: (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Defined Benefit Plan Disclosure [Line Items]	'	'	'
Interest cost on projected benefit obligation	$1,294	$1,454	$1,681
Expected return on assets	-2,075	-1,596	-1,675
Plan expenses	234	226	220
Recognized net actuarial loss	1,662	1,802	1,145
Total cost recognized in pretax income	1,115	1,886	1,371
Cost (gain) recognized in pretax other comprehensive income	-3,853	-1,185	5,094
Net periodic pension cost (income)	($2,738)	$701	$6,465

BENEFIT_PLANS_Details_1

BENEFIT PLANS: (Details 1)	12 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Defined Benefit Plan Disclosure [Line Items]	'	'	'
Discount rate used to determine net periodic pension cost	3.47%	3.97%	5.05%
Discount rate used to determine pension benefit obligation	3.90%	3.47%	3.97%
Expected long-term rate of return on assets on assets	8.00%	8.00%	8.00%

BENEFIT_PLANS_Details_2

BENEFIT PLANS: (Details 2) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Change in benefit obligation:	'	'	'
Benefit obligation at beginning of year	$38,582	$37,899	$34,550
Interest cost	1,294	1,454	1,681
Actuarial (gain) loss	-1,009	1,536	3,992
Benefits paid	-2,398	-2,307	-2,324
Benefit obligation at end of year	36,469	38,582	37,899
Change in plan assets:	'	'	'
Fair value of plan assets at beginning of year	24,777	20,222	21,931
Company contributions	3,718	4,572	1,407
Actual return on plan assets	3,268	2,523	-568
Benefits paid	-2,398	-2,307	-2,324
Plan expenses	-245	-233	-224
Fair value of plan assets at end of year	29,120	24,777	20,222
Funded (underfunded) status:	-7,349	-13,805	-17,677
Recognition of underfunded status:	'	'	'
Accrued pension cost	($3,718)	($4,572)	($1,407)

BENEFIT_PLANS_Details_3

BENEFIT PLANS: (Details 3) (USD $)	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
In Thousands, unless otherwise specified
Defined Benefit Plan Disclosure [Line Items]	'	'	'
Pre-tax accumulated comprehensive loss	$14,953	$18,806	$19,991

BENEFIT_PLANS_Details_4

BENEFIT PLANS: (Details 4) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Defined Benefit Plan Disclosure [Line Items]	'	'	'
Accumulated comprehensive loss, Pre-tax	$18,806	$19,991	'
Net actuarial loss, Pre-tax	-2,191	617	'
Amortization of net loss, Pre-tax	-1,662	-1,802	-1,145
Accumulated comprehensive loss, Pre-tax	14,953	18,806	19,991
Accumulated comprehensive loss, Net of Tax	11,564	12,298	'
Net actuarial loss, Net of Tax	-1,359	383	'
Amortization of net loss, Net of Tax	-1,030	-1,117	'
Accumulated comprehensive loss, Net of Tax	$9,175	$11,564	$12,298

BENEFIT_PLANS_Details_5

BENEFIT PLANS: (Details 5)	12 Months Ended
	Apr. 30, 2014	Apr. 30, 2013
Schedule Of Allocation Of Plan Assets [Line Items]	'	'
Defined Benefit Plan, Target Plan Asset Allocations	100.00%	100.00%
Fixed Income Securities [Member]	'	'
Schedule Of Allocation Of Plan Assets [Line Items]	'	'
Defined Benefit Plan, Target Plan Asset Allocations	27.00%	28.00%
Equity Securities [Member]	'	'
Schedule Of Allocation Of Plan Assets [Line Items]	'	'
Defined Benefit Plan, Target Plan Asset Allocations	65.00%	67.00%
Cash Equivalents [Member]	'	'
Schedule Of Allocation Of Plan Assets [Line Items]	'	'
Defined Benefit Plan, Target Plan Asset Allocations	8.00%	5.00%

BENEFIT_PLANS_Details_6

BENEFIT PLANS: (Details 6) (USD $)	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012	Apr. 30, 2011
In Thousands, unless otherwise specified
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	$29,120	$24,777	$20,222	$21,931
Fair Value, Inputs, Level 1 [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	21,310	18,560	'	'
Fair Value, Inputs, Level 2 [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	7,810	6,217	'	'
Fair Value, Inputs, Level 3 [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	0	0	'	'
Cash Equivalents [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	2,466	1,251	'	'
Cash Equivalents [Member] | Fair Value, Inputs, Level 1 [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	2,466	1,251	'	'
Cash Equivalents [Member] | Fair Value, Inputs, Level 2 [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	0	0	'	'
Cash Equivalents [Member] | Fair Value, Inputs, Level 3 [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	0	0	'	'
Equity Securities [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	18,844	16,669	'	'
Equity Securities [Member] | Fair Value, Inputs, Level 1 [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	18,844	16,669	'	'
Equity Securities [Member] | Fair Value, Inputs, Level 2 [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	0	0	'	'
Equity Securities [Member] | Fair Value, Inputs, Level 3 [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	0	0	'	'
Corporate Bonds and Debentures [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	7,810	6,215	'	'
Corporate Bonds and Debentures [Member] | Fair Value, Inputs, Level 1 [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	0	0	'	'
Corporate Bonds and Debentures [Member] | Fair Value, Inputs, Level 2 [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	7,810	6,215	'	'
Corporate Bonds and Debentures [Member] | Fair Value, Inputs, Level 3 [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	0	0	'	'
US Treasury Securities [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	'	642	'	'
US Treasury Securities [Member] | Fair Value, Inputs, Level 1 [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	'	640	'	'
US Treasury Securities [Member] | Fair Value, Inputs, Level 2 [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	'	2	'	'
US Treasury Securities [Member] | Fair Value, Inputs, Level 3 [Member]	'	'	'	'
Changes in Fair Value of Plan Assets [Line Items]	'	'	'	'
Fair value of plan assets at beginning of year	'	$0	'	'

BENEFIT_PLANS_Details_Textual

BENEFIT PLANS: (Details Textual) (USD $)

12 Months Ended

1 Months Ended

12 Months Ended

3 Months Ended

1 Months Ended

12 Months Ended

12 Months Ended

Apr. 30, 2014

Apr. 30, 2013

Apr. 30, 2012

Sep. 30, 2006

Apr. 30, 2014

Apr. 30, 2014

Jan. 31, 2014

Sep. 30, 2013

Aug. 30, 2013

Aug. 31, 2012

Apr. 30, 2014

Apr. 30, 2013

Apr. 30, 2014

Apr. 30, 2014

Apr. 30, 2013

Apr. 30, 2014

Apr. 30, 2014

Apr. 30, 2014

Apr. 30, 2014

Apr. 30, 2014

Apr. 30, 2014

Equity Plan [Member]

Equity Plan [Member]

Restricted Stock [Member]

Restricted Stock [Member]

PBGC [Member]

PBGC [Member]

PBGC [Member]

PBGC [Member]

PBGC [Member]

PBGC [Member]

Fixed Income Securities [Member]

Fixed Income Securities [Member]

Fixed Income Securities [Member]

Fixed Income Securities [Member]

Other Current Assets [Member]

Other Current Assets [Member]

Equity Securities [Member]

Equity Securities [Member]

Equity Plan [Member]

Equity Plan [Member]

Subsequent Event [Member]

Minimum [Member]

Maximum [Member]

Minimum [Member]

Maximum [Member]

Minimum [Member]

Maximum [Member]

Defined Benefit Plan Disclosure [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Pension Benefit Plan Accelerated Funding

$11,688,000

'

'

'

'

'

'

'

'

'

$5,019,000

'

'

'

'

'

'

'

'

'

'

Pension Contributions

3,718,000

4,572,000

1,407,000

'

'

'

'

3,243,000

3,243,000

3,000,000

3,243,000

3,000,000

'

'

'

'

'

'

'

'

'

Pension and Other Postretirement and Postemployment Benefit Plans, Liabilities

'

'

'

'

'

'

'

'

'

'

8,688,000

'

'

'

'

'

'

'

'

'

'

Defined Benefit Plan, Target Plan Asset Allocations

100.00%

100.00%

'

'

'

'

'

'

'

'

'

'

'

27.00%

28.00%

20.00%

50.00%

0.00%

30.00%

50.00%

80.00%

Expected long-term rate of return on assets on assets

8.00%

8.00%

8.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Expected Pension Contributions

180,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Defined Benefit Plan Expected Future Benefit Payments For First Five Years Following Fiscal Year Description

'The amount of future annual benefit payments is expected to be between $2,500,000 and $2,700,000 in fiscal years 2015 through 2019

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Defined Benefit Plan Expected Future Benefit Payments For Second Five Years Following Fiscal Year Description

'an aggregate of approximately $11,500,000 is expected to be paid in the fiscal five-year period 2020 through 2024.

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

'

'

'

400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Defined Benefit Plan, Amount to be Amortized from Accumulated Other Comprehensive Income (Loss) Next Fiscal Year

1,258,000

0

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax

2,389,000

734,000

3,158,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

First Lien Mortgages On Real Property Appraised Value

'

'

'

'

'

'

'

'

10,039,000

'

'

'

'

'

'

'

'

'

'

'

'

Defined Pension Plan Real Property Of Mortgage

'

'

'

'

'

'

'

'

'

'

8,069,000

'

'

'

'

'

'

'

'

'

'

Pension Contributions Towards Accelerated Funding Liability

'

'

'

'

'

'

'

'

'

'

'

'

426,000

'

'

'

'

'

'

'

'

Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures, Total

'

'

'

'

'

6,000

18,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vest In First Installment

'

'

'

'

'

2,000

6,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vest In Second Installment

'

'

'

'

'

2,000

6,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vest In Third Installment

'

'

'

'

'

2,000

6,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value

'

'

'

'

$6.80

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value

'

'

'

'

166,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation, Total

47,000

0

0

'

47,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total

'

'

'

'

$119,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested Options Forfeited, Weighted Average Grant Date Fair Value

'

'

'

'

$7.42

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

INCOME_TAXES_Details

INCOME TAXES: (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Current:	'	'	'
Federal	($284)	($131)	($370)
State and local	150	11	114
Current Income Tax Expense (Benefit)	-134	-120	-256
Deferred:	'	'	'
Federal	-1,155	-1,334	-505
State and local	388	-305	-135
Deferred Income Tax Expense (Benefit)	-767	-1,639	-640
Total provision (benefit) for income taxes	($901)	($1,759)	($896)

INCOME_TAXES_Details_1

INCOME TAXES: (Details 1) (USD $)	Apr. 30, 2014	Apr. 30, 2013
In Thousands, unless otherwise specified
Deferred income tax assets:	'	'
State tax loss carryforwards	$3,698	$3,927
Accrued pension costs	2,755	3,827
U.S. Federal NOL carryforward	4,843	5,592
Canadian NOL carryforward	236	133
Vacation accrual	593	698
Intangibles and deductible goodwill	5,747	6,595
Real estate basis differences	3,415	2,523
Other	669	103
Total deferred income tax assets	21,956	23,398
Deferred income tax liabilities:	'	'
Reserve for periodical returns	-1,138	-2,036
Depreciable assets	-4,275	-4,446
Deferred gains on investment assets	-4,423	-4,428
Capitalized costs for financial reporting purposes, expensed for tax	-451	-606
Total deferred income tax liabilities	-10,287	-11,516
Valuation allowance for realization of state tax loss carryforwards	-2,627	-2,268
Net deferred income tax asset	$9,042	$9,614

INCOME_TAXES_Details_2

INCOME TAXES: (Details 2) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Reconciliation Of Federal Tax Provision [Line Items]	'	'	'
Computed tax provision (benefit) at statutory rate	($1,344)	($1,610)	($713)
Increase (reduction) in tax resulting from:	'	'	'
State income taxes, net of federal income tax effect	-40	-192	-14
Expiration of state NOLs	181	237	342
Change in valuation allowance	359	-276	-338
Adjustment for unrecognized tax benefits	-123	-41	-296
Meals and entertainment	36	45	47
Other	30	78	76
Actual tax provision (benefit)	($901)	($1,759)	($896)

INCOME_TAXES_Details_3

INCOME TAXES: (Details 3) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013
Unrecognized Tax Benefit [Line Items]	'	'
Gross unrecognized tax benefits at beginning of year	$1,516	$1,741
Additions based on tax positions related to current year	0	0
Additions based on tax positions of prior years	0	0
Reductions based on tax positions of prior years	-1,458	-217
Reductions based on the lapse of the applicable statute of limitations	0	-8
Gross unrecognized tax benefits at end of year	$58	$1,516

INCOME_TAXES_Details_Textual

INCOME TAXES: (Details Textual) (USD $)	12 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Income Tax Disclosure [Line Items]	'	'	'
Operating Loss Carry Forwards State	$93,057,000	'	'
Operating Loss Carryforwards State Expiration Dates Description	'The remaining net operating loss carryforwards expire beginning in the fiscal years ending April 30, 2015 through April 30, 2035.	'	'
Operating Loss Carryforwards State Subject To Expiration Current	908,000	'	'
Operating Loss Carryforwards State Subject To Expiration In One Years	729,000	'	'
Operating Loss Carryforwards State Subject To Expiration In Two Years	2,134,000	'	'
Operating Loss Carryforwards State Subject To Expiration In Three Years	864,000	'	'
Operating Loss Carryforwards State Subject To Expiration In Four Years	781,000	'	'
Operating Loss Carryforwards State Subject To Expiration In Thereafter	87,641,000	'	'
Federal Operating Loss Carryforwards	14,243,000	'	'
Federal Operating Loss Carryforwards Acquired	4,649,000	'	'
Tax Credit Adjustments	134,000	37,000	'
Business Acquisition Purchase Price Allocation Goodwill	10,877,000	'	'
Payment For Taxes On Investment Assets	'	597,000	'
Interest Accrued	'	33,000	'
Accrued Deferred Tax Liability	'	589,000	'
Actual tax provision (benefit)	-901,000	-1,759,000	-896,000
Interest Liability On Unrecognized Tax Benefits	0	134,000	'
Federal Opearting Loss Carryforwards Reduced Amount	2,400,000	'	'
Liability for Uncertain Tax Positions, Reduced Amount	160,000	'	'
Operating Loss Carryforwards Foreign	1,211,000	'	'
Gross Unrecognized Tax Benefits Tax Effect	$58,000	$58,000	'

SHAREHOLDERS_EQUITY_Details_Te

SHAREHOLDERS' EQUITY: (Details Textual) (USD $)	3 Months Ended	12 Months Ended			1 Months Ended			12 Months Ended
	Mar. 31, 2014	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012	Sep. 30, 2013	Aug. 30, 2013	Aug. 31, 2012	Apr. 30, 2014	Apr. 30, 2013
					PBGC [Member]	PBGC [Member]	PBGC [Member]	PBGC [Member]	PBGC [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'	'	'
Stock Issued During Period, Shares, New Issues	1,199,242	'	'	'	'	'	'	'	'
Sale of Stock, Price Per Share	$6.25	'	'	'	'	'	'	'	'
Proceeds from Sale of Treasury Stock	$7,144,000	'	'	'	'	'	'	'	'
Share Issuance Expenses	350,000	'	'	'	'	'	'	'	'
Pension Contributions	'	3,718,000	4,572,000	1,407,000	3,243,000	3,243,000	3,000,000	3,243,000	3,000,000
Stock Issued During Period Value Reduction Of Retained Earnings	'	15,298,000	'	'	'	'	'	'	'
Stock Issued During Period Value Reduction Of Treasury Stock	'	22,442,000	'	'	'	'	'	'	'
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax	'	$2,389,000	$734,000	$3,158,000	'	'	'	'	'
Common Stock Shares Company Agreed To Issue	'	'	'	825,000	'	'	'	'	'

IMPAIRMENT_OF_ASSETS_Details_T

IMPAIRMENT OF ASSETS: (Details Textual) (USD $)	3 Months Ended	12 Months Ended
	Jul. 31, 2013	Apr. 30, 2014		Apr. 30, 2013		Apr. 30, 2012
Indefinite-lived Intangible Assets [Line Items]	'	'		'		'
Original Value Of Impaired Real Estate	'	$2,758,000		$4,949,000		$1,734,000
Fair Value Of Impaired Real Estate	'	2,082,000		3,466,000		1,174,000
Impairment of Real Estate	'	686,000		1,511,000		570,000
Asset Impairment Charges, Total	169,000	955,000		1,511,000		570,000
Newsstand Distribution Services [Member]	'	'		'		'
Indefinite-lived Intangible Assets [Line Items]	'	'		'		'
Asset Impairment Charges, Total	'	$269,000	[1]	$0	[1]	$0	[1]
[1]	Pursuant to a settlement agreement with a significant customer entered into in June 2014, Newsstand Distribution Services, which is operated through Kable Distribution, significantly reduced its negative working capital. On a pro forma basis, if the settlement agreement had been in effect as of April 30, 2014, Kable Distribution estimates that its negative working capital would have been reduced by $12,077,000. For further details regarding the settlement agreement, see Note 20.

OPERATING_EXPENSES_OTHER_Detai

OPERATING EXPENSES - OTHER: (Details Textual) (USD $)	12 Months Ended
	Apr. 30, 2012
Operating Expenses [Line Items]	'
Proceeds from Sale of Buildings	$73,000

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES: (Details Textual) (USD $)	12 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Commitments and Contingencies [Line Items]	'	'	'
Operating Leases, Rent Expense	$2,424,000	$3,022,000	$3,035,000
Capital Leases, Future Minimum Payments Due	2,744,000	'	'
Operating Leases, Future Minimum Payments Due, Next Twelve Months	1,502,000	'	'
Operating Leases, Future Minimum Payments, Due in Two Years	1,163,000	'	'
Operating Leases, Future Minimum Payments, Due in Three Years	109,000	'	'
Operating Leases, Future Minimum Payments, Due in Four Years	0	'	'
Operating Leases, Future Minimum Payments, Due Thereafter	0	'	'
Future Development Commitments	$1,945,000	'	'

LITIGATION_Details_Textual

LITIGATION: (Details Textual) (USD $)	3 Months Ended
	Jul. 31, 2011
Litigation [Line Items]	'
Litigation Settlement, Expense	$2,000,000

ACQUISITION_Details_Textual

ACQUISITION: (Details Textual) (USD $)	3 Months Ended	12 Months Ended
	Dec. 31, 2012	Apr. 30, 2014
Business Acquisition [Line Items]	'	'
Business Acquisition Purchase Price Allocation Assets Acquired Liabilities Assumed	$1,833,000	'
Payments to Acquire Businesses, Gross	1,123,000	'
Business Acquisition Cash Placed In Escrow	400,000	'
Business Acquisition Contingent Purchase Price Liability	310,000	'
Business Acquisition Contingent Purchase Price Liability Maximum	1,000,000	'
Business Acquisition Contingent Purchase Price Liability Fair Value Estimated	310,000	'
Business Combination Purchase Price Allocation Property Plant And Equipment	401,000	'
Business Acquisition, Purchase Price Allocation, Amortizable Intangible Assets	1,986,000	'
Business Acquisition, Purchase Price Allocation, Other Noncurrent Liabilities	616,000	'
Business acquisition escrow fund return	'	62,000
Business Combination, Consideration Transferred, Total	'	$1,771,000

INFORMATION_ABOUT_THE_COMPANYS2

INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS: (Details) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2013	Apr. 30, 2014		Apr. 30, 2013		Apr. 30, 2012
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'		'		'
Revenues	'	$87,337	[1]	$83,001	[1],[2]	$85,360	[1]
Net income (loss)	'	-2,939		-2,838	[2]	-1,143
Provision (benefit) for income taxes	'	-901		-1,759		-896
Interest expense (income), net	'	1,794		1,511		1,403
Depreciation and amortization	'	3,730		3,762		4,979
Impairment of assets	169	955		1,511		570
EBITDA	'	2,639	[3]	2,187	[3]	4,913	[3]
Total assets	'	184,948		195,856		203,039
Total liabilities	'	105,647		123,315		128,394
Capital expenditures	'	1,411		1,049		1,073
Subscription Fulfillment Services [Member]	'	'		'		'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'		'		'
Revenues	'	58,536	[1]	57,472	[1],[2]	62,230	[1]
Net income (loss)	'	982		82	[2]	1,222
Provision (benefit) for income taxes	'	971		176		767
Interest expense (income), net	'	730		2,118		888
Depreciation and amortization	'	3,080		2,941		3,964
Impairment of assets	'	0		0		0
EBITDA	'	5,763	[3]	5,317	[3]	6,841	[3]
Total assets	'	49,492		55,949		56,392
Total liabilities	'	35,682		40,157		43,185
Capital expenditures	'	1,217		702		735
Newsstand Distribution Services [Member]	'	'		'		'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'		'		'
Revenues	'	6,906	[1],[4]	8,867	[1],[2],[4]	9,127	[1],[4]
Net income (loss)	'	-2,345	[4]	-809	[2],[4]	-1,156	[4]
Provision (benefit) for income taxes	'	-1,390	[4]	-620	[4]	-305	[4]
Interest expense (income), net	'	73	[4]	-1,434	[4]	7	[4]
Depreciation and amortization	'	209	[4]	373	[4]	529	[4]
Impairment of assets	'	269	[4]	0	[4]	0	[4]
EBITDA	'	-3,184	[3],[4]	-2,490	[3],[4]	-925	[3],[4]
Total assets	'	37,275	[4]	44,850	[4]	46,519	[4]
Total liabilities	'	62,494	[4]	72,184	[4]	71,904	[4]
Capital expenditures	'	18	[4]	287	[4]	301	[4]
Product Services and Other [Member]	'	'		'		'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'		'		'
Revenues	'	18,177	[1]	15,766	[1],[2]	12,090	[1]
Net income (loss)	'	781		711	[2]	156
Provision (benefit) for income taxes	'	448		422		20
Interest expense (income), net	'	1		107		0
Depreciation and amortization	'	216		222		258
Impairment of assets	'	0		0		0
EBITDA	'	1,446	[3]	1,462	[3]	434	[3]
Total assets	'	5,516		4,237		4,769
Total liabilities	'	1,735		1,337		1,723
Capital expenditures	'	134		60		37
Real Estate Operations [Member]	'	'		'		'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'		'		'
Revenues	'	4,000	[1]	1,167	[1],[2]	2,171	[1]
Net income (loss)	'	-4,118		-4,270	[2]	-2,405
Provision (benefit) for income taxes	'	-1,823		-2,475		-1,864
Interest expense (income), net	'	2,740		2,224		1,687
Depreciation and amortization	'	80		81		81
Impairment of assets	'	686		1,511		570
EBITDA	'	-2,435	[3]	-2,929	[3]	-1,931	[3]
Total assets	'	87,228		88,082		86,966
Total liabilities	'	43,521		40,816		35,825
Capital expenditures	'	42		0		0
Corporate and Other [Member]	'	'		'		'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'		'		'
Revenues	'	-282	[1]	-271	[1],[2]	-258	[1]
Net income (loss)	'	1,761		1,448	[2]	1,040
Provision (benefit) for income taxes	'	893		738		486
Interest expense (income), net	'	-1,750		-1,504		-1,179
Depreciation and amortization	'	145		145		147
Impairment of assets	'	0		0		0
EBITDA	'	1,049	[3]	827	[3]	494	[3]
Total assets	'	5,437		2,738		8,393
Total liabilities	'	-37,785		-31,179		-24,243
Capital expenditures	'	$0		$0		$0
[1]	Revenue information provided for each segment includes amounts grouped as Interest and other in the accompanying statements of operations. Corporate revenue is net of an intercompany revenue elimination.
[2]	The Subscription Fulfillment Services business includes $1,759,000 of revenues and a $208,000 net loss from the operations of FulCircle for the four month period ended April 30, 2013.
[3]	The Company uses EBITDA (which the Company defines as income before net interest expense, income taxes, depreciation and amortization, and non-cash impairment charges) in addition to net income (loss) as a key measure of profit or loss for segment performance and evaluation purposes.
[4]	Pursuant to a settlement agreement with a significant customer entered into in June 2014, Newsstand Distribution Services, which is operated through Kable Distribution, significantly reduced its negative working capital. On a pro forma basis, if the settlement agreement had been in effect as of April 30, 2014, Kable Distribution estimates that its negative working capital would have been reduced by $12,077,000. For further details regarding the settlement agreement, see Note 20.

INFORMATION_ABOUT_THE_COMPANYS3

INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS: (Details Textual) (USD $)	Apr. 30, 2014	Apr. 30, 2013
		Subscription Fulfillment Services [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'
Revenues Attributable To New Subsidiary	'	$1,759,000
Net Loss Attributable To New Subsidiary	'	208,000
Estimated Reduced Negative Working Capital	$12,077,000	'

SUBSEQUENT_EVENTS_Details_Text

SUBSEQUENT EVENTS: (Details Textual) (USD $)	12 Months Ended				12 Months Ended
	Apr. 30, 2012	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2014
				Kable Distribution Services Inc [Member]	Subsequent Event [Member]
Subsequent Event [Line Items]	'	'	'	'	'
Common Stock Shares Company Agreed To Issue	825,000	'	'	'	825,000
Common Stock, Par or Stated Value Per Share	'	$0.10	$0.10	'	$0.10
Common Stock Shares Outstanding Percentage	'	'	'	'	10.30%
Estimated Reduced Negative Working Capital	'	$12,077,000	'	$12,077,000	'