Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net

v3.3.1.900
Property and Equipment, Net
3 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
Property and Equipment, Net

Property and equipment, net consists of the following at December 31, 2015 and September 30, 2015:
(in thousands)
December 31,
 
September 30,
 
2015
 
2015
Citrus trees
$
248,408

 
$
247,488

Equipment and other facilities
57,439

 
56,200

Buildings and improvements
21,262

 
21,259

Breeding herd
12,464

 
11,924

Total depreciable properties
339,573

 
336,871

Less accumulated depreciation and depletion
(73,959
)
 
(70,200
)
Net depreciable properties
265,614

 
266,671

Land and land improvements
114,493

 
114,428

Net property and equipment
$
380,107

 
$
381,099