Other Income - Net

12 Months Ended

Oct. 31, 2014

Other Income and Expenses [Abstract]

Other Income and Other Expense Disclosure [Text Block]

Other Income - Net

The table below provides the components of other income - net for the years ended October 31, 2014, 2013, and 2012 (amounts in thousands):

	2014			2013		2012
Interest income	$	2,493		$	4,457	$	4,677
Income from ancillary businesses	10,653			9,912		6,608
Gibraltar	14,364			10,185		4,476
Management fee income from unconsolidated entities	7,306			2,890		2,212
Retained customer deposits	3,067			2,534		3,247
Land sales, net	25,489			4,435		1,425
Income recognized from settlement of litigation				13,229
Directly expensed interest	(656		)
Other	3,476			4,596		3,276
Total other income - net	$	66,192		$	52,238	$	25,921

For the year ended October 31, 2014, land sales, net includes $2.9 million of previously deferred gains on our initial sales of the properties to Trust II as further described in Note 4, “Investments in and Advances to Unconsolidated Entities.”

In fiscal 2013, we recognized income from the settlement of litigation as the result of three derivative lawsuits brought on our behalf against certain of our officers and directors.

Income from ancillary businesses includes the activity of our non-core businesses, which include our mortgage, title, landscaping, security monitoring, and golf course and country club operations. The table below provides revenues and expenses for our non-core ancillary businesses for the years ended October 31, 2014, 2013, and 2012 (amounts in thousands):

	2014		2013		2012
Revenue	$	100,284	$	89,182	$	67,137
Expense	$	89,631	$	79,270	$	60,529

The table below provides revenues and expenses recognized from land sales for the years ended October 31, 2014, 2013, and 2012 (amounts in thousands):

	2014		2013		2012
Revenue	$	242,931	$	29,252	$	26,342
Expense	$	217,442	$	24,817	$	24,917