Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.3.1.900
Inventories
3 Months Ended
Dec. 31, 2015
Inventory Disclosure [Abstract]  
Inventories
Inventories

Inventories consist of the following at December 31, 2015 and September 30, 2015:
(in thousands)
December 31,
 
September 30,
 
2015
 
2015
Unharvested fruit crop on the trees
$
54,433

 
$
52,497

Beef cattle
1,780

 
1,612

Citrus tree nursery
2,511

 
2,854

Other
2,293

 
1,310

Total inventories
$
61,017

 
$
58,273


The Company records its inventory at the lower of cost or net realizable value. For the three months ended December 31, 2015 and 2014 the Company did not record any adjustments to reduce inventory to net realizable value.