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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover Page
Financial Statements
Notes to Financial Statements
Accounting Policies
- Description of Business and Basis of Presentation (Policies)
Notes Tables
Notes Details

Related Party Transactions - Kiernan (Details)

v3.22.1

Related Party Transactions - Kiernan (Details)	Apr. 01, 2022 shares	Jan. 01, 2022 USD ($) a	Dec. 31, 2021 a
Related Party Transaction [Line Items]
Area of Land Sold \| a			1,638
Chief Executive Officer
Related Party Transaction [Line Items]
Area of Land Sold \| a		93
Operating leases, term of contract		3 years
Lease Commencing Date		Jan. 01, 2022
Lease Expiration Date		Jan. 01, 2025
Payments for Rent		$ 1,860,000
Operating Lease, Description		Company has granted to Mr. Kiernan an option to purchase the Land from the Company, exercisable only during the one-year period January 1, 2022, through January 1, 2023
Option Amount to Repurchase		$ 480,000
Repurchase Price Per Acre		$ 5,161
Subsequent Event \| Chief Executive Officer \| Restricted Shares \| Bonus Agreement
Related Party Transaction [Line Items]
Number of restricted shares awarded \| shares	5,000
Subsequent Event \| Chief Executive Officer \| Restricted Shares \| Bonus Agreement \| Vest on January 1, 2025
Related Party Transaction [Line Items]
Vesting percentage	50.00%
Subsequent Event \| Chief Executive Officer \| Restricted Shares \| Bonus Agreement \| Vest on January 1, 2026
Related Party Transaction [Line Items]
Vesting percentage	50.00%

- Definition

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