Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net (Tables)

v3.20.2
Property and Equipment, Net (Tables)
9 Months Ended
Jun. 30, 2020
Property Plant And Equipment [Abstract]  
Schedule of property and equipment, net

Property and equipment, net consists of the following at June 30, 2020 and September 30, 2019:

 

(in thousands)

 

June 30,

 

 

September 30,

 

 

 

2020

 

 

2019

 

Citrus trees

 

$

293,382

 

 

$

281,149

 

Equipment and other facilities

 

 

55,466

 

 

 

54,622

 

Buildings and improvements

 

 

8,133

 

 

 

8,224

 

Total depreciable properties

 

 

356,981

 

 

 

343,995

 

Less: accumulated depreciation and depletion

 

 

(112,535

)

 

 

(104,169

)

Net depreciable properties

 

 

244,446

 

 

 

239,826

 

Land and land improvements

 

 

106,631

 

 

 

105,822

 

Property and equipment, net

 

$

351,077

 

 

$

345,648