Alico, Inc. Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net

9 Months Ended

Jun. 30, 2016

Property and equipment, net consists of the following at June 30, 2016 and September 30, 2015:



(in thousands)	June 30,			September 30,
	2016			2015
Citrus trees	$	250,860		$	247,488
Equipment and other facilities	59,485			56,200
Buildings and improvements	21,651			21,259
Breeding herd	11,647			11,924
Total depreciable properties	343,643			336,871
Less: accumulated depreciation and depletion	(80,974		)	(70,200		)
Net depreciable properties	262,669			266,671
Land and land improvements	115,298			114,428
Net property and equipment	$	377,967		$	381,099