XML 32 R18.htm IDEA: XBRL DOCUMENT
v3.3.1.900

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.

X
- References No definition available. + 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