Inventories |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2017 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Inventory Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Inventories |
Inventories
Inventories consist of the following at June 30, 2017 and September 30, 2016:
The Company records its inventory at the lower of cost or net realizable value. For the three and nine months ended June 30, 2017 the Company recorded an adjustment to reduce inventory by approximately $800,000 as a result of the Company's decision to phase out its operation at one of its nurseries. The Company did not record any adjustments to reduce inventories to net realizable value for the nine months ended June 30, 2016. Additionally, the Company reclassified the remaining citrus tree nursery inventory to property and equipment at June 30, 2017.
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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