Annual report pursuant to Section 13 and 15(d)

Inventories

v3.5.0.2
Inventories
 12 Months Ended
Sep. 30, 2016
Inventory Disclosure [Abstract]  
Inventories
Inventories

Inventories consist of the following at September 30, 2016 and September 30, 2015:
(in thousands)
September 30,
 
2016
 
2015
Unharvested fruit crop on the trees
$
52,204

 
$
52,497

Beef cattle
783

 
1,612

Citrus tree nursery
3,090

 
2,854

Other
2,392

 
1,310

Total inventories
$
58,469

 
$
58,273


The Company records its inventory at the lower of cost or net realizable value. For the fiscal year ended September 30, 2016 and 2015, the Company did not record any adjustments to reduce inventory to net realizable value.