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Other Income - Net
 6 Months Ended
Apr. 30, 2015
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,
 
2015
 
2014
 
2015
 
2014
Interest income
$
1,186

 
$
1,889

 
$
698

 
$
825

Income from ancillary businesses
13,725

 
3,950

 
2,886

 
2,337

Gibraltar
4,019

 
5,714

 
3,197

 
1,382

Management fee income from unconsolidated entities
6,390

 
2,454

 
3,411

 
1,227

Retained customer deposits
2,312

 
1,310

 
972

 
422

Income from land sales
7,350

 
11,187

 
2,533

 
4,929

Directly expensed interest

 
(656
)
 

 
(656
)
Other
953

 
1,794

 
222

 
635

Total other income - net
$
35,935

 
$
27,642

 
$
13,919

 
$
11,101


In the six months ended April 30, 2015, our security monitoring business recognized an $8.1 million gain from a bulk sale of security monitoring accounts, which is included in income from ancillary businesses above. In the six-month period ended April 30, 2014, income from land sales 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.”
Income from ancillary businesses include our mortgage, title, landscaping, security monitoring, and golf course and country club operations. The table below provides, for the periods indicated, revenues and expenses for our ancillary businesses (amounts in thousands):
 
Six months ended April 30,
 
Three months ended April 30,
 
2015
 
2014
 
2015
 
2014
Revenue
$
56,227

 
$
43,748

 
$
24,947

 
$
22,808

Expense
$
42,502

 
$
39,798

 
$
22,061

 
$
20,471


The table below provides, for the periods indicated, revenues and expenses recognized from land sales (amounts in thousands):
 
Six months ended April 30,
 
Three months ended April 30,
 
2015
 
2014
 
2015
 
2014
Revenue
$
126,746

 
$
98,152

 
$
22,725

 
$
87,124

Deferred gain on land sale to joint venture
(9,260
)
 


 


 


Expense
(110,136
)
 
(86,965
)
 
(20,192
)
 
(82,195
)
Income from land sales
$
7,350

 
$
11,187

 
$
2,533

 
$
4,929


Land sale revenues, for the six months ended April 30, 2015, include $78.5 million related to property sold to a Home Building Joint Venture in which we have a 25% interest. Due to our continued involvement in the joint venture through our ownership interest and guarantees provided on the joint venture’s debt, we deferred the $9.3 million gain realized on the sale. We will recognize the gain as units are sold to the ultimate home buyers. See Note 4, “Investments in and Advances to Unconsolidated Entities” for more information on this transaction.