Rendering

Component: (Network and Table)
Network
139 - Disclosure - INCOME TAXES: (Tables)
(http://www.amrepcorp.com/role/IncomeTaxesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000006207 (http://www.sec.gov/CIK)
Income Tax Disclosure [Abstract]Period [Axis]
2015-05-01 - 2016-04-30
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,
 
 
 
2016
 
2015
 
 
 
(in thousands)
 
Current:
 
 
 
 
 
 
 
Federal
 
$
(35)
 
$
(676)
 
State and local
 
 
126
 
 
16
 
 
 
 
91
 
 
(660)
 
Deferred:
 
 
 
 
 
 
 
Federal
 
 
(5,074)
 
 
(1,387)
 
State and local
 
 
(228)
 
 
(85)
 
 
 
 
(5,302)
 
 
(1,472)
 
Total benefit for income taxes
 
$
(5,211)
 
$
(2,132)
 
  
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
The components of the net deferred income taxes are as follows:  
 
 
 
April 30,
 
 
 
2016
 
2015
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
Deferred income tax assets:
 
 
 
 
 
 
 
State tax loss carryforwards
 
$
4,591
 
$
4,272
 
Accrued pension costs
 
 
4,716
 
 
4,274
 
Vacation accrual
 
 
161
 
 
210
 
Intangibles and deductible goodwill
 
 
3,798
 
 
4,835
 
Real estate basis differences
 
 
8,601
 
 
4,296
 
Other
 
 
34
 
 
177
 
Total deferred income tax assets
 
 
21,901
 
 
18,064
 
 
 
 
 
 
 
 
 
Deferred income tax liabilities:
 
 
 
 
 
 
 
Depreciable assets
 
 
(2,074)
 
 
(3,776)
 
Deferred gains on investment assets
 
 
(3,661)
 
 
(4,423)
 
Capitalized costs for financial reporting purposes, expensed for tax
 
 
(316)
 
 
(371)
 
Total deferred income tax liabilities
 
 
(6,051)
 
 
(8,570)
 
Valuation allowance for realization of certain deferred income tax assets
 
 
(4,567)
 
 
(3,657)
 
Net deferred income tax asset
 
$
11,283
 
$
5,837
 
  
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,
 
 
 
2016
 
2015
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
Computed tax provision (benefit) at statutory rate
 
$
(5,248)
 
$
(2,000)
 
Increase (reduction) in tax resulting from:
 
 
 
 
 
 
 
State income taxes, net of federal income tax effect
 
 
(93)
 
 
(45)
 
Meals and entertainment
 
 
3
 
 
11
 
Other
 
 
127
 
 
(98)
 
Actual tax provision (benefit)
 
$
(5,211)
 
$
(2,132)
 
  
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]
The following table summarizes the beginning and ending gross amount of unrecognized tax benefits:
 
 
 
2016
 
2015
 
 
 
(in thousands)
 
Gross unrecognized tax benefits at beginning of year
 
$
58
 
$
58
 
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
 
 
-
 
 
-
 
Reductions based on the lapse of the applicable statute of limitations
 
 
-
 
 
-
 
Gross unrecognized tax benefits at end of year
 
$
58
 
$
58