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Accounting Policies (Tables)
 3 Months Ended
Apr. 30, 2013
Accounting Policies [Abstract]  
The components of accumulated other comprehensive income (loss) (accumulated OCI)
The following table summarizes the components of accumulated other comprehensive income (loss) (“accumulated OCI”):
 
April 30, 2013
January 31, 2013
 
(in thousands)
Unrealized losses on securities
$
124

$
340

Unrealized (gains) losses on foreign currency translation
189

(69
)
Unrealized losses on interest rate contracts (1)
167,806

168,497

 
168,119

168,768

Income tax benefit
(65,132
)
(65,382
)
Noncontrolling interest
(179
)
(183
)
Accumulated Other Comprehensive Loss
$
102,808

$
103,203

(1)
Included in the amounts as of April 30 and January 31, 2013 are $126,171 and $126,506, respectively, of unrealized losses on an interest rate swap associated with New York Times, an office building in Manhattan, New York, on its nonrecourse mortgage debt with a notional amount of $640,000. This swap effectively fixes the mortgage at an all-in lender interest rate of 6.40% (5.50% swap rate plus 0.90% lender spread) and expires in September 2017.
Schedule of Changes in Accumulated Other Comprehensive Income
The following table summarizes the changes, net of tax and noncontrolling interest, of accumulated OCI by component for the three months ended April 30, 2013:
 
Securities
Foreign Currency Translation
Interest Rate Contracts
Total
 
(in thousands)
Balance, February 1, 2013
$
(208
)
$
42

$
(103,037
)
$
(103,203
)
OCI before reclassifications
132

(158
)
(190
)
(216
)
Loss reclassified from accumulated OCI
—

—

611

611

Total other comprehensive income
132

(158
)
421

395

Balance, April 30, 2013
$
(76
)
$
(116
)
$
(102,616
)
$
(102,808
)
Reclassification Out of Accumulated Other Comprehensive Income
The following table summarizes losses reclassified from accumulated OCI and their location on the Consolidated Statements of Operations for the three months ended April 30, 2013:
Accumulated OCI Components
Loss Reclassified from Accumulated OCI
 
Location on Consolidated Statements of Operations
 
(in thousands)
 
 
Interest rate contracts
$
954

 
Interest Expense
Interest rate contracts
45

 
Equity in loss of unconsolidated entities
 
999

 
Total before income tax and noncontrolling interest
 
(384
)
 
Income tax benefit
 
(4
)
 
Noncontrolling interest
 
$
611

 
Loss reclassified from accumulated OCI