XML 28 R30.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Note 2 - Investments in Non-public Companies (Details Textual) (USD $) | 3 Months Ended | 6 Months Ended | 1 Months Ended | 0 Months Ended | 1 Months Ended | 0 Months Ended | 1 Months Ended |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Nov. 30, 2014 | Nov. 24, 2013 | Nov. 30, 2014 | Nov. 24, 2013 | May 30, 2010 | Feb. 15, 2011 | Jun. 30, 2010 | Jul. 15, 2014 | Oct. 29, 2014 | May 25, 2014 | Dec. 31, 2005
Schedule of Investments [Abstract] |  |  |  |  |  |  |  |  |  |  |
Payments to Acquire Investments |  |  | $ 18,000,000 us-gaap_PaymentsToAcquireInvestments |  |  |  |  |  |  |  |
Investment Income, Dividend | 321,000 us-gaap_InvestmentIncomeDividend | 281,000 us-gaap_InvestmentIncomeDividend | 602,000 us-gaap_InvestmentIncomeDividend | 563,000 us-gaap_InvestmentIncomeDividend |  |  |  |  |  |  |
Aesthetic Sciences [Member] |  |  |  |  |  |  |  |  |  |  |
Schedule of Investments [Abstract] |  |  |  |  |  |  |  |  |  |  |
Long-term Investments | 793,000 us-gaap_LongTermInvestments / us-gaap_CounterpartyNameAxis = lndc_AestheticSciencesMember |  | 793,000 us-gaap_LongTermInvestments / us-gaap_CounterpartyNameAxis = lndc_AestheticSciencesMember |  |  |  |  |  |  | 793,000 us-gaap_LongTermInvestments / us-gaap_CounterpartyNameAxis = lndc_AestheticSciencesMember | 1,800,000 us-gaap_LongTermInvestments / us-gaap_CounterpartyNameAxis = lndc_AestheticSciencesMember
Other than Temporary Impairment Losses, Investments |  |  |  |  | 1,000,000 us-gaap_ImpairmentOfInvestments / us-gaap_CounterpartyNameAxis = lndc_AestheticSciencesMember |  |  |  |  |  |
Windset [Member] |  |  |  |  |  |  |  |  |  |  |
Schedule of Investments [Abstract] |  |  |  |  |  |  |  |  |  |  |
Investment Ownership Percentage | 26.90%lndc_InvestmentOwnershipPercentage / us-gaap_CounterpartyNameAxis = lndc_WindsetMember |  | 26.90%lndc_InvestmentOwnershipPercentage / us-gaap_CounterpartyNameAxis = lndc_WindsetMember |  |  |  |  | 26.90%lndc_InvestmentOwnershipPercentage / us-gaap_CounterpartyNameAxis = lndc_WindsetMember |  |  |
Preferred Stock, Dividend Rate, Percentage |  |  |  |  |  | 7.50%us-gaap_PreferredStockDividendRatePercentage / us-gaap_CounterpartyNameAxis = lndc_WindsetMember |  |  |  |  |
Change In Market Value Of Investment In Company | 1,200,000 lndc_ChangeInMarketValueOfInvestmentInCompany / us-gaap_CounterpartyNameAxis = lndc_WindsetMember | 2,300,000 lndc_ChangeInMarketValueOfInvestmentInCompany / us-gaap_CounterpartyNameAxis = lndc_WindsetMember | 1,400,000 lndc_ChangeInMarketValueOfInvestmentInCompany / us-gaap_CounterpartyNameAxis = lndc_WindsetMember | 7,700,000 lndc_ChangeInMarketValueOfInvestmentInCompany / us-gaap_CounterpartyNameAxis = lndc_WindsetMember |  |  |  |  |  |  |
Development Fee |  |  |  |  |  |  | 100,000 lndc_DevelopmentFee / us-gaap_CounterpartyNameAxis = lndc_WindsetMember |  |  |  |
Annual Minimum License Fees |  |  |  |  |  |  | 150,000 lndc_AnnualMinimumLicenseFees / us-gaap_CounterpartyNameAxis = lndc_WindsetMember |  |  |  |
License Agreement, Number of Products | 2 lndc_LicenseAgreementNumberOfProducts / us-gaap_CounterpartyNameAxis = lndc_WindsetMember |  | 2 lndc_LicenseAgreementNumberOfProducts / us-gaap_CounterpartyNameAxis = lndc_WindsetMember |  |  |  |  |  |  |  |
Annual License Fee Percentage |  |  |  |  |  |  | 3.00%lndc_AnnualLicenseFeePercentage / us-gaap_CounterpartyNameAxis = lndc_WindsetMember |  |  |  |
Windset [Member] | Apio [Member] |  |  |  |  |  |  |  |  |  |  |
Schedule of Investments [Abstract] |  |  |  |  |  |  |  |  |  |  |
Payments to Acquire Investments |  |  |  |  |  |  |  | 11,000,000 us-gaap_PaymentsToAcquireInvestments / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / dei_LegalEntityAxis = lndc_ApioMember |  |  |
Preferred Stock, Liquidation Preference, Value | 20,100,000 us-gaap_PreferredStockLiquidationPreferenceValue / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / dei_LegalEntityAxis = lndc_ApioMember |  | 20,100,000 us-gaap_PreferredStockLiquidationPreferenceValue / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / dei_LegalEntityAxis = lndc_ApioMember |  |  |  |  |  |  |  |
Windset [Member] | Common Stock [Member] | Apio [Member] |  |  |  |  |  |  |  |  |  |  |
Schedule of Investments [Abstract] |  |  |  |  |  |  |  |  |  |  |
Investment In Non Public Company Shares |  |  |  |  |  | 201 lndc_InvestmentInNonPublicCompanyShares / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / us-gaap_EquityInterestIssuedOrIssuableByTypeAxis = us-gaap_CommonStockMember / dei_LegalEntityAxis = lndc_ApioMember |  | 68 lndc_InvestmentInNonPublicCompanyShares / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / us-gaap_EquityInterestIssuedOrIssuableByTypeAxis = us-gaap_CommonStockMember / dei_LegalEntityAxis = lndc_ApioMember |  |  |
Payments to Acquire Investments |  |  |  |  |  | 201 us-gaap_PaymentsToAcquireInvestments / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / us-gaap_EquityInterestIssuedOrIssuableByTypeAxis = us-gaap_CommonStockMember / dei_LegalEntityAxis = lndc_ApioMember |  |  |  |  |
Windset [Member] | Junior Preferred Shares [Member] | Apio [Member] |  |  |  |  |  |  |  |  |  |  |
Schedule of Investments [Abstract] |  |  |  |  |  |  |  |  |  |  |
Investment In Non Public Company Shares |  |  |  |  |  |  |  | 51,211 lndc_InvestmentInNonPublicCompanyShares / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / us-gaap_EquityInterestIssuedOrIssuableByTypeAxis = lndc_JuniorPreferredSharesMember / dei_LegalEntityAxis = lndc_ApioMember |  |  |
Preferred Stock, Liquidation Preference, Value | 5,100,000 us-gaap_PreferredStockLiquidationPreferenceValue / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / us-gaap_EquityInterestIssuedOrIssuableByTypeAxis = lndc_JuniorPreferredSharesMember / dei_LegalEntityAxis = lndc_ApioMember |  | 5,100,000 us-gaap_PreferredStockLiquidationPreferenceValue / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / us-gaap_EquityInterestIssuedOrIssuableByTypeAxis = lndc_JuniorPreferredSharesMember / dei_LegalEntityAxis = lndc_ApioMember |  |  |  |  |  |  |  |
Windset [Member] | Senior A Preferred Stock [Member] | Apio [Member] |  |  |  |  |  |  |  |  |  |  |
Schedule of Investments [Abstract] |  |  |  |  |  |  |  |  |  |  |
Investment In Non Public Company Shares |  |  |  |  |  | 150,000 lndc_InvestmentInNonPublicCompanyShares / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / us-gaap_EquityInterestIssuedOrIssuableByTypeAxis = lndc_SeniorAPreferredStockMember / dei_LegalEntityAxis = lndc_ApioMember |  |  |  |  |
Payments to Acquire Investments |  |  |  |  |  | 15,000,000 us-gaap_PaymentsToAcquireInvestments / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / us-gaap_EquityInterestIssuedOrIssuableByTypeAxis = lndc_SeniorAPreferredStockMember / dei_LegalEntityAxis = lndc_ApioMember |  |  |  |  |
Preferred Stock, Liquidation Preference, Value | 15,000,000 us-gaap_PreferredStockLiquidationPreferenceValue / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / us-gaap_EquityInterestIssuedOrIssuableByTypeAxis = lndc_SeniorAPreferredStockMember / dei_LegalEntityAxis = lndc_ApioMember |  | 15,000,000 us-gaap_PreferredStockLiquidationPreferenceValue / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / us-gaap_EquityInterestIssuedOrIssuableByTypeAxis = lndc_SeniorAPreferredStockMember / dei_LegalEntityAxis = lndc_ApioMember |  |  |  |  |  |  |  |
Windset [Member] | Senior B Preferred Stock [Member] | Apio [Member] |  |  |  |  |  |  |  |  |  |  |
Schedule of Investments [Abstract] |  |  |  |  |  |  |  |  |  |  |
Investment In Non Public Company Shares |  |  |  |  |  |  |  |  | 70,000 lndc_InvestmentInNonPublicCompanyShares / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / us-gaap_EquityInterestIssuedOrIssuableByTypeAxis = lndc_SeniorBPreferredStockMember / dei_LegalEntityAxis = lndc_ApioMember |  |
Payments to Acquire Investments |  |  |  |  |  |  |  |  | 7,000,000 us-gaap_PaymentsToAcquireInvestments / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / us-gaap_EquityInterestIssuedOrIssuableByTypeAxis = lndc_SeniorBPreferredStockMember / dei_LegalEntityAxis = lndc_ApioMember |  |
Preferred Stock, Dividend Rate, Percentage |  |  |  |  |  |  |  |  | 7.50%us-gaap_PreferredStockDividendRatePercentage / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / us-gaap_EquityInterestIssuedOrIssuableByTypeAxis = lndc_SeniorBPreferredStockMember / dei_LegalEntityAxis = lndc_ApioMember |  |
Windset [Member] | Senior B Preferred Stock [Member] | Apio [Member] | First Anniversary [Member] |  |  |  |  |  |  |  |  |  |  |
Schedule of Investments [Abstract] |  |  |  |  |  |  |  |  |  |  |
Investments, Value of Shares with Put Option |  |  |  |  |  |  |  |  | 1,500,000 lndc_InvestmentsValueOfSharesWithPutOption / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / us-gaap_EquityInterestIssuedOrIssuableByTypeAxis = lndc_SeniorBPreferredStockMember / dei_LegalEntityAxis = lndc_ApioMember / us-gaap_StatementScenarioAxis = lndc_FirstAnniversaryMember |  |
Windset [Member] | Senior B Preferred Stock [Member] | Apio [Member] | Second Anniversary [Member] |  |  |  |  |  |  |  |  |  |  |
Schedule of Investments [Abstract] |  |  |  |  |  |  |  |  |  |  |
Investments, Value of Shares with Put Option |  |  |  |  |  |  |  |  | 2,750,000 lndc_InvestmentsValueOfSharesWithPutOption / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / us-gaap_EquityInterestIssuedOrIssuableByTypeAxis = lndc_SeniorBPreferredStockMember / dei_LegalEntityAxis = lndc_ApioMember / us-gaap_StatementScenarioAxis = lndc_SecondAnniversaryMember |  |
Windset [Member] | Senior B Preferred Stock [Member] | Apio [Member] | Third Anniversary [Member] |  |  |  |  |  |  |  |  |  |  |
Schedule of Investments [Abstract] |  |  |  |  |  |  |  |  |  |  |
Investments, Value of Shares with Put Option |  |  |  |  |  |  |  |  | $ 2,750,000 lndc_InvestmentsValueOfSharesWithPutOption / us-gaap_CounterpartyNameAxis = lndc_WindsetMember / us-gaap_EquityInterestIssuedOrIssuableByTypeAxis = lndc_SeniorBPreferredStockMember / dei_LegalEntityAxis = lndc_ApioMember / us-gaap_StatementScenarioAxis = lndc_ThirdAnniversaryMember |  |

X
- Definition Annual license fees as a percentage of net revenue. + References No definition available. + Details
Name: | lndc_AnnualLicenseFeePercentage
Namespace Prefix: | lndc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The annual minimums associated with license fees + References No definition available. + Details
Name: | lndc_AnnualMinimumLicenseFees
Namespace Prefix: | lndc_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- Definition Change during the period in the market value of an investment in the company. + References No definition available. + Details
Name: | lndc_ChangeInMarketValueOfInvestmentInCompany
Namespace Prefix: | lndc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Development fees associated with a license agreement. + References No definition available. + Details
Name: | lndc_DevelopmentFee
Namespace Prefix: | lndc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of shares in an Investment in a non-public company. + References No definition available. + Details
Name: | lndc_InvestmentInNonPublicCompanyShares
Namespace Prefix: | lndc_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage of ownership in an investment. + References No definition available. + Details
Name: | lndc_InvestmentOwnershipPercentage
Namespace Prefix: | lndc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Value of shares under a put option that can be sold back to the investee company. + References No definition available. + Details
Name: | lndc_InvestmentsValueOfSharesWithPutOption
Namespace Prefix: | lndc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The number of products that have been added to a license agreement. + References No definition available. + Details
Name: | lndc_LicenseAgreementNumberOfProducts
Namespace Prefix: | lndc_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount by which the fair value of an investment is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earnings or other comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 35 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=27723805&loc=d3e25351-111560 + Details
Name: | us-gaap_ImpairmentOfInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of dividend income on nonoperating securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 7 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.7(a)) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_InvestmentIncomeDividend
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The total amount of investments that are intended to be held for an extended period of time (longer than one operating cycle). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The cash outflow associated with the purchase of all investments (debt, security, other) during the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Investing Activities -URI http://asc.fasb.org/extlink&oid=6516133 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsToAcquireInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The percentage rate used to calculate dividend payments on preferred stock. + References No definition available. + Details
Name: | us-gaap_PreferredStockDividendRatePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Value of the difference between preference in liquidation and the par or stated values of the preferred shares. + References No definition available. + Details
Name: | us-gaap_PreferredStockLiquidationPreferenceValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_ScheduleOfInvestmentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_CounterpartyNameAxis=lndc_AestheticSciencesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CounterpartyNameAxis=lndc_WindsetMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |