XML 98 R26.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Summary of Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2018
Accounting Policies [Abstract] |
Schedule of Accounts Receivable, Net | The following table presents accounts receivable, net as of September 30, 2018 and 2017:
(in thousands) | September 30,
| 2018 |  | 2017
Accounts receivable | $ | 2,577 |  |  | $ | 4,314 |
Allowance for doubtful accounts | (33 | ) |  | (28 | )
Accounts receivable, net | $ | 2,544 |  |  | $ | 4,286 |
Schedule of Revenues and Accounts Receivable From Major Customers | Accounts receivable from the Company’s major customers as of September 30, 2018 and 2017 and revenue from such customers for the fiscal years ended September 30, 2018, 2017 and 2016, are as follows:
(in thousands) | Accounts Receivable |  | Revenue |  | % of Total Revenue
| 2018 | 2017 |  | 2018 | 2017 | 2016 |  | 2018 | 2017 | 2016
Tropicana | $ | 1,797 |  | $ | 2,506 |  |  | $ | 70,396 |  | $ | 111,197 |  | $ | 46,898 |  |  | 86.6 | % | 85.6 | % | 32.5 | %
Cutrale Citrus Juice | $ | — |  | $ | — |  |  | $ | — |  | $ | 1,364 |  | $ | 22,735 |  |  | — | % | 1.1 | % | 15.8 | %
Minute Maid | $ | — |  | $ | — |  |  | $ | — |  | $ | — |  | $ | 49,271 |  |  | — | % | — | % | 34.2 | %
Schedule of Estimated Useful Lives For Property and Equipment | The estimated useful lives for property and equipment are primarily as follows:
Citrus trees | 25 years
Equipment and other facilities | 3-20 years
Buildings and improvements | 25-39 years
Schedule of Reconciliation of Basic to Diluted Weighted Average Shares Outstanding | The following table presents a reconciliation of basic to diluted weighted average common shares outstanding for fiscal years ended September 30, 2018, 2017 and 2016:
(in thousands) | Fiscal Year Ended September 30,
| 2018 |  | 2017 |  | 2016
Weighted Average Common Shares Outstanding - Basic | 8,232 |  |  | 8,300 |  |  | 8,303 |
Effect of dilutive securities - stock options and unrestricted stock | 69 |  |  | — |  |  | 8 |
Weighted Average Common Shares Outstanding - Diluted | 8,301 |  |  | 8,300 |  |  | 8,311 |
Schedule of Stock-based Compensation Expense | Total stock-based compensation expense for the three years ended September 30, 2018 in general and administrative expense was as follows:
(in thousands) | Fiscal Year Ended September 30,
| 2018 |  | 2017 |  | 2016
Stock compensation expense: |  |  |  |  |  |  |  |
Executives | $ | 1,754 |  |  | $ | 880 |  |  | $ | 150 |
Board of Directors | 859 |  |  | 773 |  |  | 774 |
Total stock compensation expense | $ | 2,613 |  |  | $ | 1,653 |  |  | $ | 924 |

X
- Definition Schedule Of Property Buildings And Equipment Useful Lives [Table Text Block]. + References No definition available. + Details
Name: | alco_ScheduleOfPropertyBuildingsAndEquipmentUsefulLivesTableTextBlock
Namespace Prefix: | alco_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an equity-based arrangement (such as stock or unit options and stock or unit awards) with an individual employee, which is generally an employment contract between the entity and a selected officer or key employee containing a promise by the employer to pay certain equity-based awards at future dates, sometimes including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period, the number of shares or units issued during the period under such arrangements, and the carrying amount as of the balance sheet date of the related liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 710 -SubTopic 10 -Section 55 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6409961&loc=d3e20487-108367 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 710 -SubTopic 10 -Section 30 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6409875&loc=d3e20015-108363 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5047-113901 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 710 -SubTopic 10 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6409961&loc=d3e20517-108367 + Details
Name: | us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRevenueByMajorCustomersByReportingSegmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfWeightedAverageNumberOfSharesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration