Quarterly report pursuant to Section 13 or 15(d)

Subsequent Event

Subsequent Event
6 Months Ended
Mar. 31, 2021
Subsequent Events [Abstract]  
Subsequent Event

Note 14. Subsequent Event

On April 15, 2021, the State of Florida purchased, under the Florida Forever program, approximately 5,734 acres of the Alico Ranch for approximately $14,445,000 pursuant to an option agreement between the State of Florida and the Company. The Company will recognize a gain of approximately $13,980,000.