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Other Income – Net
 3 Months Ended
Jan. 31, 2025
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 January 31,
20252024
Interest income$8,969 $10,468 
(Loss) income from ancillary businesses(879)840 
Management fee income earned by home building operations799 1,149 
Other2,105 (539)
Total other income – net$10,994 $11,918 
Income (loss) from ancillary businesses is generated by our mortgage, title, landscaping, smart home technology, apartment living, city 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 January 31,
 20252024
Revenues$36,783 $32,300 
Expenses$37,662 $31,460 
In the three-month period ending January 31, 2025, we recognized $4.4 million of net write-offs related to previously incurred costs that we believed not to be recoverable in our apartment rental development business operations. No similar amounts were recognized in the three-month period ended January 31, 2024.
In the three-month periods ended January 31, 2025 and 2024, income from ancillary businesses included management fees earned on our apartment rental development, high-rise urban luxury condominium, and other unconsolidated entities and operations totaling $7.1 million and $7.6 million, respectively.