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Other Income - Net
6 Months Ended
Apr. 30, 2014
Other Income and Expenses [Abstract]  
Other Income - net
Other Income - Net
The table below provides, for the periods indicated, the components of other income - net (amounts in thousands):
 
Six months ended April 30,
 
Three months ended April 30,
 
2014
 
2013
 
2014
 
2013
Interest income
$
1,889

 
$
2,677

 
$
825

 
$
1,202

Income from ancillary businesses
3,950

 
3,432

 
2,337

 
2,154

Gibraltar
5,714

 
1,112

 
1,382

 
961

Management fee income
2,454

 
1,131

 
1,227

 
804

Retained customer deposits
1,310

 
1,123

 
422

 
445

Land sales, net
11,187

 
255

 
4,929

 
110

Income recognized from settlement of litigation

 
13,229

 

 
13,229

Directly expensed interest
(656
)
 

 
(656
)
 

Other
1,794

 
1,201

 
635

 
629

Total other income - net
$
27,642

 
$
24,160

 
$
11,101

 
$
19,534


In the six month period ended April 30, 2014, land sales, net includes $2.9 million of previously deferred gains on the Company’s initial sales of the properties to Trust II as further described in Note 4 - “Investments in and Advances to Unconsolidated Entities.”
In fiscal 2013, the Company recognized income from the settlement of litigation as the result of three derivative lawsuits brought on behalf of the Company against certain officers and directors of the Company. The gross settlement of $16.2 million was reduced by the payment of attorney’s fees of $3.0 million. The Company’s insurance carriers paid approximately $9.8 million and certain officers and former officers paid the remainder.
Income from ancillary businesses includes the activity of the Company’s non-core businesses which include its mortgage, title, landscaping, security monitoring, and golf course and country club operations. The table below provides, for the periods indicated, revenues and expenses for the Company’s non-core ancillary businesses (amounts in thousands):
 
Six months ended April 30,
 
Three months ended April 30,
 
2014
 
2013
 
2014
 
2013
Revenue
$
43,748

 
$
39,426

 
$
22,808

 
$
22,785

Expense
$
39,798

 
$
35,994

 
$
20,471

 
$
20,631