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

Leases (Tables)

9 Months Ended

Jun. 30, 2021

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

(in thousands)	Three Months Ended June 30,				Nine Months Ended June 30,
Operating lease components	2021		2020		2021		2020
Operating leases costs recorded in General and Administrative expenses	$	128	$	42	$	392	$	146
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:

	June 30, 2021
Weighted-average remaining lease term	0.88 years
Weighted-average discount rate		3.20	%