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Income Taxes (Tables) | 12 Months Ended
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Sep. 30, 2014
Income Taxes [Abstract] |
Schedule of Provision for Income Taxes (Benefit) | The provision for income tax (benefit) for the years ended September 30, 2014, 2013 and 2012 consists of the following:
(in thousands) |  | Fiscal Year Ended September 30,
|  | 2014 |  | 2013 |  | 2012
Current: |  |  |  |  |  |  |  |  |  |  |  |
Federal income tax |  | $ | 4,035 |  |  | $ | 2,508 |  |  | $ | 3,696 |
State income tax |  |  | 543 |  |  |  | 458 |  |  |  | 1,298 |
Total current |  |  | 4,578 |  |  |  | 2,966 |  |  |  | 4,994 |
Deferred: |  |  |  |  |  |  |  |  |  |  |  |
Federal income tax |  |  | (590 | ) |  |  | 7,921 |  |  |  | 5,617 |
State income tax |  |  | (255 | ) |  |  | 1,142 |  |  |  | 362 |
Total deferred |  |  | (845 | ) |  |  | 9,063 |  |  |  | 5,979 |
Total provision for income taxes |  | $ | 3,733 |  |  | $ | 12,029 |  |  | $ | 10,973 |
Schedule of Computation of Provision for Income Taxes (Benefit) | Income tax provision (benefit) attributable to income from continuing operations differed from the amount computed by applying the statutory federal income tax rate of 35% to pre-tax income as a result of the following:
(in thousands) |  | Fiscal Year Ended September 30,
|  | 2014 |  | 2013 |  | 2012
Tax at the statutory federal rate |  | $ | 4,099 |  |  | $ | 11,086 |  |  | $ | 10,312 |
Increase (decrease) resulting from: |  |  |  |  |  |  |  |  |  |  |  |
State income taxes, net of federal benefit |  |  | 183 |  |  |  | 1,067 |  |  |  | 1,051 |
Federal impacts from IRS exam and tax return amendments |  |  | - |  |  |  | 19 |  |  |  | (444 | )
Permanent and other reconciling items, net |  |  | (549 | ) |  |  | (143 | ) |  |  | 54 |
Total provision for income taxes |  | $ | 3,733 |  |  | $ | 12,029 |  |  | $ | 10,973 |
Schedule of Deferred Tax Assets and Liabilities | The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities as of September 30, 2014 and 2013 are presented below:
(in thousands) |  | September 30,
|  | 2014 |  | 2013
Deferred tax assets: |  |  |  |  |  |  |  |
Deferred retirement benefits |  | $ | 1,619 |  |  | $ | 1,686 |
Inventories |  |  | 95 |  |  |  | 144 |
Restricted stock compensation |  |  | - |  |  |  | 31 |
Alico-Agri, Ltd. outside basis differences |  |  | 3,196 |  |  |  | 3,196 |
Capital loss carry forward |  |  | 10,492 |  |  |  | 10,502 |
Other |  |  | 1,118 |  |  |  | 159 |
Total deferred tax assets |  |  | 16,520 |  |  |  | 15,718 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Revenue recognized from citrus and sugarcane |  |  | 99 |  |  |  | 302 |
Property and Equipment |  |  | 21,535 |  |  |  | 21,550 |
Investment in Magnolia |  |  | 415 |  |  |  | 450 |
Other |  |  | 210 |  |  |  | - |
Total deferred tax liabilities |  |  | 22,259 |  |  |  | 22,302 |
Net deferred income tax (liability) |  | $ | (5,739 | ) |  | $ | (6,584 | )

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
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