|   For the three and nine months ended June 30, 2020 and 2019, basic and diluted earnings per common share were as follows:   
|  (in thousands except per share amounts) |   | Three Months Ended June 30, |   |   | Nine Months Ended June 30, |   |  
|   |   | 2020 |   |   | 2019 |   |   | 2020 |   |   | 2019 |   |  
| Net income attributable to Alico, Inc. common stockholders |   | $ | 2,096 |   |   | $ | 16,244 |   |   | $ | 6,458 |   |   | $ | 21,324 |   |  
|   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |  
| Weighted average number of common shares outstanding - basic |   |   | 7,486 |   |   |   | 7,470 |   |   |   | 7,481 |   |   |   | 7,470 |   |  
| Dilutive effect of equity-based awards |   |   | 7 |   |   |   | 1 |   |   |   | 12 |   |   |   | 24 |   |  
| Weighted average number of common shares outstanding - diluted |   |   | 7,493 |   |   |   | 7,471 |   |   |   | 7,493 |   |   |   | 7,494 |   |  
|   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |  
| Net income per common shares attributable to Alico, Inc. common stockholders: |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |  
| Basic |   | $ | 0.28 |   |   | $ | 2.17 |   |   | $ | 0.86 |   |   | $ | 2.85 |   |  
| Diluted |   | $ | 0.28 |   |   | $ | 2.17 |   |   | $ | 0.86 |   |   | $ | 2.85 |   |  |