Alico, Inc. Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

6 Months Ended

Mar. 31, 2021

Operating leases cost components are reported in the Condensed Consolidated Statements of Operations as follows:

(in thousands)	Three Months Ended March 31,				Six Months Ended March 31,
Operating lease components	2021		2020		2021		2020
Operating leases costs recorded in General and Administrative expenses	$	132	$	52	$	264	$	104
Operating lease right-of-use asset impairment recorded in Other expenses	$	—	$	—	$	—	$	87

The weighted-average remaining lease term and weighted-average discount rate for our operating leases are as follows:

	March 31, 2021
Weighted-average remaining lease term	1.11 years
Weighted-average discount rate		3.20	%