Quarterly report pursuant to sections 13 or 15(d)

Property, Buildings and Equipment, Net

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Property, Buildings and Equipment, Net
 6 Months Ended
Mar. 31, 2013
Property, Buildings and Equipment, Net [Abstract]  
Property, Buildings and Equipment, Net

Note 3. Property, Buildings and Equipment, Net

Property, buildings and equipment consisted of the following at March 31, 2013 and September 30, 2012.

 

  March 31,   September 30,
  2013   2012
Breeding herd $ 12,878   $ 10,062
Buildings 11,234   10,975
Citrus trees 33,667   33,164
Sugarcane 15,834   12,617
Equipment and other facilities 45,158   42,043
Total depreciable properties 118,771   108,861
Less accumulated depreciation and depletion 68,314   65,220
Net depreciable properties 50,457   43,641
Land and land improvements 80,449   79,193
Net property, buildings and equipment $ 130,906   $ 122,834

 

Lee County, Florida Properties

 

On October 3, 2012, the final two parcels of our Lee County, Florida properties closed. The total sales price for the parcels was $2,475,000. At September 30, 2012, the parcels were included in assets held for sale on the Condensed Consolidated Balance Sheet totaling $2,475,000 and a deposit for the parcels of $2,500,000 was included in restricted cash and other current liabilities. On October 3, 2012, the restriction on the $2,500,000 was lifted.