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Property, Plant and Equipment
 12 Months Ended
Oct. 31, 2020
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
Property, plant and equipment consists of the following at October 31 (in thousands):
 20202019
Land$96,334 $100,503 
Land improvements33,733 31,897 
Buildings and building improvements48,441 48,348 
Equipment60,124 56,709 
Orchards61,098 54,251 
Construction in progress20,469 26,934 
 320,199 318,642 
Less accumulated depreciation(77,550)(70,528)
 $242,649 $248,114 
Depreciation expense was $9,098,000, $7,944,000 and $7,178,000 for fiscal years 2020, 2019 and 2018, respectively.
In August 2020, the Company sold property located in Lindsay, California. The Company received net proceeds of $6,011,000 after transaction and other costs, and recorded a loss of approximately $424,000, which is included in loss (gain) on sale and disposal of property assets in the consolidated statements of operations.

In September 2019, the Company sold its multi-use Mercantile property consisting of a retail convenience store, gas station, car wash and quick serve restaurant located in Santa Paula, California. The Company received net proceeds of $4,000,000 and recognized a gain of approximately $586,000, which is included in loss (gain) on sale and disposal of property assets in the consolidated statement of operations.