|
Long-Term Debt (Narrative) (Details) (USD $)
|
3 Months Ended |
12 Months Ended |
|
Dec. 31, 2014
|
Dec. 31, 2013
|
Sep. 30, 2010
|
Sep. 30, 2014
|
| Debt Instrument [Line Items] |
|
|
|
|
| Principal balance outstanding |
$ 197,275,000us-gaap_LongTermDebt
|
|
|
$ 34,000,000us-gaap_LongTermDebt
|
| Capitalized loan origination fees |
2,834,000us-gaap_DebtIssuanceCosts
|
|
|
|
| Minimum current ratio |
1.50alco_DebtInstrumentCovenantMinimumCurrentRatio
|
|
|
|
| Minimum tangible net worth |
160,000,000alco_DebtInstrumentCovenantMinimumTangibleNetWorth
|
|
|
|
| Maximum debt ratio |
0.625us-gaap_RatioOfIndebtednessToNetCapital1
|
|
|
|
| Minimum debt coverage ratio |
1.10alco_DebtInstrumentCovenantMinimumDebtCoverageRatio
|
|
|
|
| (Gain) loss on extinguishment of debt |
947,000us-gaap_GainsLossesOnExtinguishmentOfDebt
|
|
|
|
| Gain (loss) on extinguishment of debt, before write-off of debt issuance costs |
(568,000)us-gaap_GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost
|
|
|
|
| Annual increase in covenant, percentage |
10.00%alco_DebtInstrumentCovenantPercentageAnnualIncrease
|
|
|
|
| Maximum capital expenditures |
30,000,000alco_DebtInstrumentCovenantMaximumCapitalExpenditures
|
|
|
|
| Citrus Groves [Member] |
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
| Acres collateralized |
38,700alco_DebtInstrumentCollateralPropertyAcreage
/ alco_LongTermDebtCollateralTypeAxis
= alco_CitrusGrovesMember
|
|
|
|
| Farmland [Member] |
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
| Acres collateralized |
14,000alco_DebtInstrumentCollateralPropertyAcreage
/ alco_LongTermDebtCollateralTypeAxis
= alco_FarmlandMember
|
|
|
|
| Revolving Line of Credit and Term Note [Member] |
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
| Capitalized loan origination fees |
|
|
1,202,000us-gaap_DebtIssuanceCosts
/ us-gaap_LongtermDebtTypeAxis
= alco_RevolvingLineOfCreditAndTermNoteMember
|
|
| Write-off of debt issuance costs |
379,000us-gaap_WriteOffOfDeferredDebtIssuanceCost
/ us-gaap_LongtermDebtTypeAxis
= alco_RevolvingLineOfCreditAndTermNoteMember
|
|
|
|
| Unamortized debt issuance costs |
318,000us-gaap_DeferredFinanceCostsNet
/ us-gaap_LongtermDebtTypeAxis
= alco_RevolvingLineOfCreditAndTermNoteMember
|
|
|
697,000us-gaap_DeferredFinanceCostsNet
/ us-gaap_LongtermDebtTypeAxis
= alco_RevolvingLineOfCreditAndTermNoteMember
|
| Line of Credit [Member] |
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
| Amount of credit facility |
|
|
|
60,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
|
| Annual commitment fee |
|
|
|
0.20%us-gaap_LineOfCreditFacilityCommitmentFeePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
|
| LIBOR spread |
|
|
|
1.95%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
|
| Line of Credit [Member] | Revolving Line of Credit [Member] |
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
| Principal balance outstanding |
|
|
|
|
| Amount of credit facility |
25,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= alco_RevolvingLineOfCreditMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
|
|
|
|
| Annual commitment fee |
0.25%us-gaap_LineOfCreditFacilityCommitmentFeePercentage
/ us-gaap_DebtInstrumentAxis
= alco_RevolvingLineOfCreditMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
|
|
|
|
| LIBOR spread |
1.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= alco_RevolvingLineOfCreditMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
|
|
|
|
| Scheduled maturity date |
Nov. 01, 2019
|
|
|
Oct. 01, 2020
|
| Line of Credit [Member] | Working Capital Line of Credit [Member] |
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
| Principal balance outstanding |
14,275,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= alco_WorkingCapitalLineOfCreditMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
|
|
|
|
| Amount of credit facility |
70,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= alco_WorkingCapitalLineOfCreditMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
|
|
|
|
| LIBOR spread |
1.75%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= alco_WorkingCapitalLineOfCreditMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
|
|
|
|
| Scheduled maturity date |
Nov. 01, 2016
|
|
|
|
| Letters of credit outstanding |
17,300,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_DebtInstrumentAxis
= alco_WorkingCapitalLineOfCreditMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
|
|
|
|
| Line of Credit [Member] | Minimum [Member] |
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
| LIBOR spread |
|
|
|
1.95%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
|
| Line of Credit [Member] | Minimum [Member] | Working Capital Line of Credit [Member] |
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
| Annual commitment fee |
0.20%us-gaap_LineOfCreditFacilityCommitmentFeePercentage
/ us-gaap_DebtInstrumentAxis
= alco_WorkingCapitalLineOfCreditMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
|
|
|
|
| LIBOR spread |
1.75%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= alco_WorkingCapitalLineOfCreditMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
|
|
|
|
| Line of Credit [Member] | Maximum [Member] |
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
| LIBOR spread |
|
|
|
2.95%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
|
| Line of Credit [Member] | Maximum [Member] | Working Capital Line of Credit [Member] |
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
| Annual commitment fee |
0.30%us-gaap_LineOfCreditFacilityCommitmentFeePercentage
/ us-gaap_DebtInstrumentAxis
= alco_WorkingCapitalLineOfCreditMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
|
|
|
|
| LIBOR spread |
2.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= alco_WorkingCapitalLineOfCreditMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
|
|
|
|
| Term Loan [Member] |
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
| Principal balance outstanding |
|
|
|
34,000,000us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LoansPayableMember
|
| LIBOR spread |
|
|
|
2.25%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LoansPayableMember
|
| Periodic principal payment |
2,281,250us-gaap_DebtInstrumentPeriodicPaymentPrincipal
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LoansPayableMember
|
|
|
500,000us-gaap_DebtInstrumentPeriodicPaymentPrincipal
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LoansPayableMember
|
| Term Loan [Member] | Fixed Rate Term Loan [Member] |
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
| Principal balance outstanding |
125,000,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= alco_FixedRateTermLoanMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LoansPayableMember
|
|
|
|
| Amount of credit facility |
125,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= alco_FixedRateTermLoanMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LoansPayableMember
|
|
|
|
| Fixed interest rate |
4.15%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= alco_FixedRateTermLoanMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LoansPayableMember
|
|
|
|
| Periodic principal payment |
8,750,000us-gaap_DebtInstrumentPeriodicPaymentPrincipal
/ us-gaap_DebtInstrumentAxis
= alco_FixedRateTermLoanMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LoansPayableMember
|
|
|
|
| Scheduled maturity date |
Nov. 01, 2029
|
|
|
|
| Term Loan [Member] | Variable Rate Term Loan [Member] |
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
| Principal balance outstanding |
57,500,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= alco_VariableRateTermLoanMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LoansPayableMember
|
|
|
34,000,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= alco_VariableRateTermLoanMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LoansPayableMember
|
| Amount of credit facility |
57,500,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= alco_VariableRateTermLoanMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LoansPayableMember
|
|
|
|
| LIBOR spread |
1.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= alco_VariableRateTermLoanMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LoansPayableMember
|
|
|
|
| Scheduled maturity date |
Nov. 01, 2029
|
|
|
Oct. 01, 2020
|
| Letter of Credit [Member] | Working Capital Line of Credit [Member] |
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
| Amount of credit facility |
$ 20,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= alco_WorkingCapitalLineOfCreditMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LetterOfCreditMember
|
|
|
|