Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.6.0.2
Inventories
 3 Months Ended
Dec. 31, 2016
Inventory Disclosure [Abstract]  
Inventories
Inventories

Inventories consist of the following at December 31, 2016 and September 30, 2016:
(in thousands)
December 31,
 
September 30,
 
2016
 
2016
Unharvested fruit crop on the trees
$
54,967

 
$
52,204

Beef cattle
2,633

 
783

Citrus tree nursery
3,565

 
3,090

Other
1,357

 
2,392

Total inventories
$
62,522

 
$
58,469


The Company records its inventory at the lower of cost or net realizable value. For the three months ended December 31, 2016, the Company did not record any adjustments to reduce inventory to net realizable value.