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Other Income - Net
6 Months Ended
Apr. 30, 2021
Other Income and Expenses [Abstract]  
Other Income - net Other Income – Net
The table below provides the significant components of other income – net (amounts in thousands):
Three months ended April 30,Six months ended April 30,
2021202020212020
Interest income$107 $1,896 $1,562 $6,798 
Income from ancillary businesses9,061 14,582 15,920 15,104 
Management fee income from Home Building Joint Ventures, net448 207 565 1,553 
Directly expensed interest— (2,440)— (2,440)
Other(403)(409)(762)(884)
Total other income – net$9,213 $13,836 $17,285 $20,131 
Management fee income from home building unconsolidated entities presented above primarily represents fees earned by Toll Brothers City Living® (“City Living”) and traditional home building operations. In addition, in the three months ended April 30, 2021 and 2020, our apartment living operations earned fees from unconsolidated entities of $3.8 million and $3.5 million, respectively. In the six-month periods ended April 30, 2021 and 2020, our apartment living operations earned fees from unconsolidated entities of $8.6 million and $7.2 million, respectively. Fees earned by our apartment living operations are included in income from ancillary businesses.
Income from ancillary businesses is generated by our mortgage, title, landscaping, security monitoring, Gibraltar, apartment living 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 April 30,Six months ended April 30,
 2021202020212020
Revenues$32,731 $27,432 $61,831 $53,842 
Expenses$23,670 $25,820 $45,911 $51,708 
Other income$— $12,970 $— $12,970 
In April 2020, we sold one of our golf club properties to a third party for $15.6 million and recognized a gain of $9.1 million in the second quarter of fiscal 2020. In addition, we recognized a previously deferred gain of $3.8 million in our second quarter of fiscal 2020 related to the sale of a different golf club property.