Quarterly report [Sections 13 or 15(d)]

Assets Held for Sale

v3.26.1
Assets Held for Sale
9 Months Ended
Jun. 30, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Assets Held for Sale
Note 4. Assets Held for Sale
In accordance with its strategy to dispose of non-core and under-performing assets, the following assets have been classified as assets held for sale at June 30, 2026 and September 30, 2025:
(in thousands) Carrying Value
June 30,
2026
September 30,
2025
Alico Citrus —  9,176 
Total assets held for sale $ —  $ 9,176 
During the nine months ended June 30, 2026, the Company sold approximately 3,546 acres of land for $34,611 ($9,761 an acre in gross proceeds), which will be used for general corporate purposes.