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Other Income - Net
 9 Months Ended
Jul. 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):
 
Nine months ended July 31,
 
Three months ended July 31,
 
2016
 
2015
 
2016
 
2015
Interest income
$
1,612

 
$
1,754

 
$
676

 
$
568

Income from ancillary businesses
11,559

 
18,392

 
4,139

 
4,667

Gibraltar
6,351

 
4,907

 
102

 
888

Management fee income from unconsolidated entities
6,863

 
9,441

 
2,348

 
3,051

Retained customer deposits
4,449

 
3,735

 
780

 
1,423

Income from land sales
11,018

 
10,302

 
6,527

 
2,952

Other
1,622

 
1,474

 
549

 
521

Total other income – net
$
43,474

 
$
50,005

 
$
15,121

 
$
14,070


In the nine months ended July 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):
 
Nine months ended July 31,
 
Three months ended July 31,
 
2016
 
2015
 
2016
 
2015
Revenues
$
85,955

 
$
88,244

 
$
32,823

 
$
32,017

Expenses
$
74,396

 
$
69,852

 
$
28,684

 
$
27,350


The table below provides, for the periods indicated, revenues and expenses recognized from land sales (amounts in thousands):
 
Nine months ended July 31,
 
Three months ended July 31,
 
2016
 
2015
 
2016
 
2015
Revenues
$
77,701

 
$
139,027

 
$
64,109

 
$
12,281

Deferred gain on land sale to joint venture
(2,607
)
 
(9,260
)
 
(2,607
)
 


Expenses
(64,076
)
 
(119,465
)
 
(54,975
)
 
(9,329
)
Income from land sales
$
11,018

 
$
10,302

 
$
6,527

 
$
2,952


Land sale revenues for the nine months and three months ended July 31, 2016 includes $37.7 million related to an in substance real estate sale transaction which resulted in a new Rental Property Joint Venture in which we have a 50% interest. Due to our continued involvement in the joint venture through our ownership interest, we deferred 50% of the gain realized on the sale. We will amortize the deferred gain into income using the straight line method over the life of the rental property. Land sale revenues for the nine months ended July 31, 2015 includes $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 these transactions.