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Leases (Tables)
12 Months Ended
Oct. 31, 2023
Leases [Abstract]  
Schedule of Components of the Company’s Operating Lease Portfolio
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):
20232022
Land and land improvements$12,333 $13,619 
Buildings, equipment and building improvements20,729 19,983 
Orchards8,410 8,410 
Less: accumulated depreciation(8,931)(7,912)
Property, plant and equipment, net under operating leases$32,541 $34,100 
Schedule of Rental Operations Revenue
The Company's rental operations revenue consists of the following for the fiscal years ended October 31 (in thousands):
20232022
Operating lease revenue$5,174 $4,998 
Variable lease revenue346 326 
Total lease revenue$5,520 $5,324 
Schedule 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, 2023 are as follows (in thousands):
2024$1,252 
20251,031 
2026204 
202744 
202844 
Thereafter627 
Total$3,202 
Schedule of Operating Lease Costs Related to Leases
Lease costs consist of the following for the fiscal years ended October 31 (in thousands):
20232022
Operating lease costs$2,000 $537 
Finance lease costs:
Amortization of lease assets145 120 
Interest on lease liabilities32 34 
Variable lease costs— 242 
Short-term lease costs600 212 
Total lease costs$2,777 $1,145 
Schedule 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):
Classification20232022
Assets
Operating lease ROU assetsOther assets$3,484 $6,190 
Finance lease assetsOther assets1,182 1,091 
$4,666 $7,281 
Liabilities
Current operating lease liabilitiesAccrued liabilities and payables to related parties$1,831 $1,892 
Current finance lease liabilitiesAccrued liabilities319 268 
Non-current operating lease liabilitiesOther long-term liabilities1,714 4,347 
Non-current finance lease liabilitiesOther long-term liabilities602 715 
$4,466 $7,222 
Weighted-average remaining lease term (in years):
Operating leases1.65.1
Finance leases3.13.9
Weighted-average discount rate:
Operating leases4.9 %6.1 %
Finance leases4.2 %3.5 %
Schedule of Supplemental Cash Flow Information Related to Leases
Supplemental cash flow information related to leases consists of the following for the fiscal years ended October 31 (in thousands):
20232022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases$1,931 $577 
Operating cash outflows from finance leases$32 $35 
Financing cash outflows from finance leases$297 $219 
ROU assets obtained in exchange for new operating lease liabilities$138 $4,612 
Leased assets obtained in exchange for new finance lease liabilities$235 $68 
Write off of ROU asset and operating lease liability$(1,206)$— 
Future Minimum Lease Payments under Non-Cancellable Leases
Future minimum lease payments under non-cancellable leases are as follows (in thousands), which excludes $870,000 of operating lease payments for leases that have been signed but not commenced:
OperatingFinanceTotal
2024$1,822 $319 $2,141 
20251,815 319 2,134 
2026114 299 413 
202723 46 69 
Total lease payments3,774 983 4,757 
Less: Imputed interest(229)(62)(291)
Present value of lease liabilities$3,545 $921 $4,466 
Schedule of Future Minimum Lease Payments under Non-Cancellable Leases
Future minimum lease payments under non-cancellable leases are as follows (in thousands), which excludes $870,000 of operating lease payments for leases that have been signed but not commenced:
OperatingFinanceTotal
2024$1,822 $319 $2,141 
20251,815 319 2,134 
2026114 299 413 
202723 46 69 
Total lease payments3,774 983 4,757 
Less: Imputed interest(229)(62)(291)
Present value of lease liabilities$3,545 $921 $4,466