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Acquisitions and Dispositions (Tables) | 9 Months Ended
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Jun. 30, 2015
Orange-Co Acquisition [Member] |
Business Acquisition [Line Items] |
Schedule of Assets Acquired |
Asset acquisition |  |
(in thousands) |  |
|  | Amount
Assets: |  |  |  |
Accounts receivable, net |  | $ | 888 |
Other current assets |  |  | 845 |
Inventories, net |  |  | 35,562 |
Property, Buildings and Equipment |  |  | 240,949 |
Goodwill |  |  | 2,246 |
Other assets |  |  | 2,140 |
Total assets, net of cash acquired |  | $ | 282,630 |
Liabilities: |  |  |  |
Accounts payable and accrued liabilities |  | $ | 4,205 |
Debt |  |  | 500 |
Payable to seller |  |  | 7,500 |
Total liabilities assumed |  | $ | 12,205 |
Assets acquired less liabilities assumed |  | $ | 270,425 |
Less: fair value attributable to noncontrolling interest |  |  | (4,838 | )
Total purchase consideration |  | $ | 265,587 |
Cash proceeds from sugarcane disposition |  | $ | 97,126 |
Working capital line of credit |  |  | 27,857 |
Term loans |  |  | 140,604 |
Total purchase consideration |  | $ | 265,587 |
Schedule of Pro-Forma Information |
(in thousands except per share amounts) |  | Three Months Ended June 30, |  | Nine Months Ended June 30,
|  | 2015 |  | 2014 |  | 2015 |  | 2014
Revenues |  | $ | 68,809 |  |  | $ | 73,519 |  |  | $ | 131,857 |  |  | $ | 163,375 |
Income from operations |  | $ | 16,177 |  |  | $ | 20,479 |  |  | $ | 18,438 |  |  | $ | 38,119 |
Net income attributable to Alico, Inc. common stockholders |  | $ | 7,767 |  |  | $ | 11,843 |  |  | $ | 15,104 |  |  | $ | 20,932 |
Basic earnings per common share |  | $ | 0.94 |  |  | $ | 1.61 |  |  | $ | 1.90 |  |  | $ | 2.86 |
Diluted earnings per common share |  | $ | 0.94 |  |  | $ | 1.61 |  |  | $ | 1.89 |  |  | $ | 2.85 |
Charlotte County Citrus Grove [Member] |
Business Acquisition [Line Items] |
Schedule of Assets Acquired |
(in thousands) |  |
| Amount
Assets: |  |
Inventories, net | $ | 1,329
Property, Buildings and Equipment |  |
Equipment and other facilities |  | 2,742
Land |  | 5,921
Citrus Trees |  | 7,632
Total assets, net of cash acquired | $ | 17,624

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