| Schedule of Information by Business Segment |
| (in thousands) |
|
Three Months Ended December 31, |
|
| |
| |
|
2014 |
|
|
|
2013 |
|
| |
| Revenues: |
|
|
|
|
|
|
|
| Citrus Groves |
$ |
12,898 |
|
|
$ |
5,633 |
|
| Agricultural Supply Chain Management |
|
1,183 |
|
|
|
2,106 |
|
| Improved Farmland |
|
1,092 |
|
|
|
6,532 |
|
| Ranch and Conservation |
|
836 |
|
|
|
531 |
|
| Other Operations |
|
149 |
|
|
|
187 |
|
| Intersegment Revenues |
|
1,271 |
|
|
|
1,153 |
|
| Eliminations |
|
(1,271 |
) |
|
|
(1,153 |
) |
| |
| Total revenue |
|
16,158 |
|
|
|
14,989 |
|
| |
| Operating expenses: |
|
|
|
|
|
|
|
| Citrus Groves |
|
10,059 |
|
|
|
3,898 |
|
| Agricultural Supply Chain Management |
|
1,371 |
|
|
|
2,325 |
|
| Improved Farmland |
|
791 |
|
|
|
5,530 |
|
| Ranch and Conservation |
|
745 |
|
|
|
603 |
|
| Other Operations |
|
48 |
|
|
|
62 |
|
| |
| Total operating expenses |
|
13,014 |
|
|
|
12,418 |
|
| |
| Gross profit: |
|
|
|
|
|
|
|
| Citrus Groves |
|
2,839 |
|
|
|
1,735 |
|
| Agricultural Supply Chain Management |
|
(188 |
) |
|
|
(219 |
) |
| Improved Farmland |
|
301 |
|
|
|
1,002 |
|
| Ranch and Conservation |
|
91 |
|
|
|
(72 |
) |
| Other Operations |
|
101 |
|
|
|
125 |
|
| |
| Total gross profit |
$ |
3,144 |
|
|
$ |
2,571 |
|
| |
| |
| Capital expenditures: |
|
|
|
|
|
|
|
| Citrus Groves |
$ |
1,569 |
|
|
$ |
1,943 |
|
| Agricultural Supply Chain Management |
|
210 |
|
|
|
33 |
|
| Improved Farmland |
|
- |
|
|
|
3,473 |
|
| Ranch and Conservation |
|
176 |
|
|
|
743 |
|
| Other Operations |
|
15 |
|
|
|
4 |
|
| Other Capital Expenditures |
|
78 |
|
|
|
343 |
|
| |
| Total capital expenditures |
$ |
2,048 |
|
|
$ |
6,539 |
|
| |
| |
| Depreciation, depletion and amortization: |
|
|
|
|
|
|
|
| Citrus Groves |
$ |
1,256 |
|
|
$ |
529 |
|
| Agricultural Supply Chain Management |
|
52 |
|
|
|
29 |
|
| Improved Farmland |
|
- |
|
|
|
1,337 |
|
| Ranch and Conservation |
|
243 |
|
|
|
333 |
|
| Other Operations |
|
128 |
|
|
|
88 |
|
| Other Depreciation, Depletion and Amortization |
|
162 |
|
|
|
186 |
|
| |
| Total depreciation, depletion and amortization |
$ |
1,841 |
|
|
$ |
2,502 |
|
| (in thousands) |
December 31,
2014 |
|
September 30,
2014 |
| |
|
|
|
|
|
| Assets: |
|
|
|
|
|
| Citrus Groves |
$ |
351,247 |
|
$ |
67,388 |
| Agricultural Supply Chain Management |
|
3,264 |
|
|
2,498 |
| Improved Farmland |
|
225 |
|
|
57,726 |
| Ranch and Conservation |
|
12,913 |
|
|
13,920 |
| Other Operations |
|
31,050 |
|
|
26,356 |
| Other Corporate Assets |
|
12,749 |
|
|
35,679 |
| |
|
|
|
|
|
| Total assets |
$ |
411,449 |
|
$ |
203,567 |
|