XML 85 R19.htm IDEA: XBRL DOCUMENT
v2.4.1.9

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.

X
- Details
Name: | us-gaap_OtherIncomeAndExpensesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.3,6,7,9) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration