Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net

v3.10.0.1
Property and Equipment, Net
3 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
Property and Equipment, Net

Property and equipment, net consists of the following at December 31, 2018 and September 30, 2018:

(in thousands)
December 31,
 
September 30,
 
2018
 
2018
Citrus trees
$
265,616

 
$
264,714

Equipment and other facilities
55,967

 
53,544

Buildings and improvements
8,213

 
8,052

Total depreciable properties
329,796

 
326,310

Less: accumulated depreciation and depletion
(95,220
)
 
(91,858
)
Net depreciable properties
234,576

 
234,452

Land and land improvements
105,987

 
105,951

Net property and equipment
$
340,563

 
$
340,403