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Other Income - Net | 12 Months Ended
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Oct. 31, 2017
Other Income and Expenses [Abstract] |
Other Income - net [Text Block] | Other Income – Net The table below provides the components of “Other income – net” for the years ended October 31, 2017, 2016, and 2015 (amounts in thousands):
| 2017 |  | 2016 |  | 2015
Interest income | $ | 5,988 |  |  | $ | 2,443 |  |  | $ | 1,939 |
Income from ancillary businesses | 16,276 |  |  | 17,473 |  |  | 23,530 |
Gibraltar | 2,658 |  |  | 6,646 |  |  | 10,168 |
Management fee income from home building unconsolidated entities, net | 12,902 |  |  | 10,270 |  |  | 11,299 |
Retained customer deposits | 5,801 |  |  | 5,866 |  |  | 5,224 |
Income from land sales | 8,621 |  |  | 13,327 |  |  | 13,150 |
Other | 1,063 |  |  | 2,193 |  |  | 2,263 |
Total other income – net | $ | 53,309 |  |  | $ | 58,218 |  |  | $ | 67,573 |
Management fee income from unconsolidated entities presented above primarily represents fees earned by our City Living and home building operations. In addition, in fiscal 2017, 2016 and 2015, our apartment living operations earned fees from unconsolidated entities of $6.2 million, $6.1 million, and $5.7 million, respectively; fees earned by our apartment living operations are included in income from ancillary businesses. In fiscal 2016 and 2015, our security monitoring business recognized a gain of $1.6 million and $8.1 million, respectively, from a bulk sale of security monitoring accounts in fiscal 2015, which is included in income from ancillary businesses above. Income from ancillary businesses includes our mortgage, title, landscaping, security monitoring, apartment living and golf course and country club operations. The table below provides revenues and expenses for these ancillary businesses for the years ended October 31, 2017, 2016, and 2015 (amounts in thousands):
| 2017 |  | 2016 |  | 2015
Revenue | $ | 132,619 |  |  | $ | 123,512 |  |  | $ | 119,732 |
Expense | $ | 116,343 |  |  | $ | 106,039 |  |  | $ | 96,202 |
The table below provides revenues and expenses recognized from land sales for the years ended October 31, 2017, 2016, and 2015 (amounts in thousands):
| 2017 |  | 2016 |  | 2015
Revenue | $ | 284,928 |  |  | $ | 85,268 |  |  | $ | 183,870 |
Expense | (278,034 | ) |  | (70,488 | ) |  | (161,460 | )
Deferred gains on land sales to joint ventures | (2,996 | ) |  | (2,999 | ) |  | (9,260 | )
Deferred gains recognized | 4,723 |  |  | 1,546 |  |  |
| $ | 8,621 |  |  | $ | 13,327 |  |  | $ | 13,150 |
Land sale revenues for the year ended October 31, 2017 included $257.8 million related to in substance real estate sale transactions with two new Home Building Joint Ventures and a Rental Property Joint Venture in which we have interests ranging from 20% to 25%. No gain or loss was realized on the sales related to the Home Building Joint Ventures. Due to our continued involvement in the new Rental Property Joint Venture through our retained ownership interest and guarantees provided on the joint venture’s debt, we deferred the $3.0 million gain realized on this sale. We will recognize the deferred gain into income as the guarantees provided expire and when we sell our ownership interest in the Rental Property Joint Venture. Land sale revenues for the year ended October 31, 2016 included $38.1 million related to an in substance real estate sale transaction with 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 recognize the deferred gain into income when we sell our ownership interest in the Rental Property Joint Venture. Land sale revenues for the year October 31, 2015, include $78.5 million related to property sold to a Home Building Joint Venture in which we had 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 recognized the gain as units were sold to the ultimate home buyers which is included in deferred gains recognized above. In the fourth quarter of fiscal 2017, we purchased the remaining inventory from this Home Building Joint Venture. The remaining unamortized deferred gain was used to reduce the basis of the inventory acquired. See Note 4, “Investments in Unconsolidated Entities,” for more information on these transactions.

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- 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 720 -URI http://asc.fasb.org/topic&trid=2122503 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 610 -URI http://asc.fasb.org/topic&trid=49130413 + Details
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