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Other Income - Net
3 Months Ended
Jan. 31, 2016
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):
 
Three months ended January 31,
 
2016
 
2015
Interest income
$
404

 
$
488

Income from ancillary businesses
3,729

 
10,839

Gibraltar
828

 
822

Management fee income from unconsolidated entities
2,107

 
2,979

Retained customer deposits
2,113

 
1,340

Income from land sales
3,998

 
4,817

Other
541

 
731

Total other income – net
$
13,720

 
$
22,016


In the three months ended January 31, 2016 and 2015, our security monitoring business recognized gains of $1.6 million and $8.1 million, respectively, from a bulk sale of security monitoring accounts in the fiscal 2015 period, which is included in income from ancillary businesses in the table above.
Income from ancillary businesses includes 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):
 
Three months ended January 31,
 
2016
 
2015
Revenue
$
24,869

 
$
31,280

Expense
$
21,140

 
$
20,441


The table below provides, for the periods indicated, revenues and expenses recognized from land sales (amounts in thousands):
 
Three months ended January 31,
 
2016
 
2015
Revenue
$
10,691

 
$
104,021

Deferred gain on land sale to joint venture


 
(9,260
)
Expense
(6,693
)
 
(89,944
)
Income from land sales
$
3,998

 
$
4,817


Land sale revenues for the three months ended January 31, 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 3, “Investments in Unconsolidated Entities,” for more information on this transaction.