|6 Months Ended|
Mar. 31, 2020
|Subsequent Events [Abstract]|
|Subsequent Events||Subsequent Events
On May 4, 2020, the Company purchased 334 acres of citrus grove property for approximately $2,850,000. This purchase was identified as a like-kind asset, which was coordinated with the sale of certain sections of the East Ranch to allow the Company to defer the taxes relating to the gain on the sale of these certain sections (see Note 1. Description of Business and Basis of Presentation - Restricted Cash).
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef