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Leases (Tables) | 12 Months Ended
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Oct. 31, 2022
Leases [Abstract] |
Summary of Components of the Company's Operating Lease Portfolio Included in Property, Plant and Equipment | The following table presents the components of the Company’s operating lease portfolio included in property, plant and equipment, net as of October 31 (in thousands):
| 2022 |  | 2021
Land and land improvements | $ | 13,619 |  |  | $ | 3,516 |
Buildings, equipment and building improvements | 19,983 |  |  | 18,712 |
Orchards | 8,410 |  |  | — |
Less: accumulated depreciation | (7,912) |  |  | (6,331) |
Property, plant and equipment, net under operating leases | $ | 34,100 |  |  | $ | 15,897 |
Summary of Composition of Rental Operations Revenue | The Company’s rental operations revenue consists of the following (in thousands):
| Year ended October 31,
| 2022 |  | 2021
Operating lease revenue | $ | 4,998 |  |  | $ | 4,329 |
Variable lease revenue | 326 |  |  | 317 |
Total lease revenue | $ | 5,324 |  |  | $ | 4,646 |
Summary of Future Minimum Lease Payments to be Received Related to Net Operating Lease Agreements | The future minimum lease payments to be received by the Company related to these operating lease agreements as of October 31, 2022 are as follows (in thousands):
2023 | $ | 1,278 |
2024 | 964 |
2025 | 964 |
2026 | 222 |
2027 | 74 |
Thereafter | 672 |
Total | $ | 4,174 |
Summary of Supplemental Balance Sheet Information Related to Leases | Supplemental balance sheet information related to leases consists of the following as of October 31 (in thousands):
| Classification |  | 2022 |  | 2021
Assets |  |  |  |  |
Operating lease ROU assets | Other assets |  | $ | 6,190 |  |  | $ | 2,041 |
Finance lease assets | Other assets |  | 1,091 |  |  | 1,142 |
|  |  | $ | 7,281 |  |  | $ | 3,183 |
Liabilities |  |  |  |  |
Current operating lease liabilities | Accrued liabilities and payables to related parties |  | $ | 1,892 |  |  | $ | 488 |
Current finance lease liabilities | Accrued liabilities |  | 268 |  |  | 249 |
Non-current operating lease liabilities | Other long-term liabilities |  | 4,347 |  |  | 1,648 |
Non-current finance lease liabilities | Other long-term liabilities |  | 715 |  |  | 884 |
|  |  | $ | 7,222 |  |  | $ | 3,269 |
Weighted-average remaining lease term (in years): |  |  |  |
Operating leases |  |  | 5.1 |  | 10.9
Finance leases |  |  | 3.9 |  | 4.9
Weighted-average discount rate: |  |  |  |  |
Operating leases |  |  | 6.1 | % |  | 3.7 | %
Finance leases |  |  | 3.5 | % |  | 3.3 | %
Summary of Supplemental Cash Flow Information Related to Leases | Supplemental cash flow information related to leases consists of the following (in thousands):
|  | Year ended October 31,
|  | 2022 |  | 2021
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash outflows from operating leases |  | $ | 577 |  |  | $ | 603 |
Operating cash outflows from finance leases |  | $ | 35 |  |  | $ | 3 |
Financing cash outflows from finance leases |  | $ | 219 |  |  | $ | 18 |
ROU assets obtained in exchange for new operating lease liabilities |  | $ | 4,612 |  |  | $ | 271 |
Leased assets obtained in exchange for new finance lease liabilities |  | $ | 68 |  |  | $ | 1,151 |
Summary of Future Minimum Lease Payments under Non-Cancellable Leases | Future minimum lease payments under non-cancellable leases for each of the subsequent five fiscal years and thereafter are as follows (in thousands), which excludes $470,000 of operating lease payments for leases that have been signed but not commenced:
| Operating |  | Finance |  | Total
2023 | $ | 1,891 |  |  | $ | 268 |  |  | $ | 2,159 |
2024 | 1,918 |  |  | 268 |  |  | 2,186 |
2025 | 1,914 |  |  | 268 |  |  | 2,182 |
2026 | 218 |  |  | 246 |  |  | 464 |
2027 | 134 |  |  | — |  |  | 134 |
Thereafter | 1,046 |  |  | — |  |  | 1,046 |
Total lease payments | 7,121 |  |  | 1,050 |  |  | 8,171 |
Less: Imputed interest | (882) |  |  | (67) |  |  | (949) |
Present value of lease liabilities | $ | 6,239 |  |  | $ | 983 |  |  | $ | 7,222 |
Summary of Future Minimum Lease Payments under Non-Cancellable Leases | Future minimum lease payments under non-cancellable leases for each of the subsequent five fiscal years and thereafter are as follows (in thousands), which excludes $470,000 of operating lease payments for leases that have been signed but not commenced:
| Operating |  | Finance |  | Total
2023 | $ | 1,891 |  |  | $ | 268 |  |  | $ | 2,159 |
2024 | 1,918 |  |  | 268 |  |  | 2,186 |
2025 | 1,914 |  |  | 268 |  |  | 2,182 |
2026 | 218 |  |  | 246 |  |  | 464 |
2027 | 134 |  |  | — |  |  | 134 |
Thereafter | 1,046 |  |  | — |  |  | 1,046 |
Total lease payments | 7,121 |  |  | 1,050 |  |  | 8,171 |
Less: Imputed interest | (882) |  |  | (67) |  |  | (949) |
Present value of lease liabilities | $ | 6,239 |  |  | $ | 983 |  |  | $ | 7,222 |

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