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Inventories | 3 Months Ended
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Dec. 31, 2018
Inventory Disclosure [Abstract] |
Inventories | Inventories Inventories consist of the following at December 31, 2018 and September 30, 2018:
(in thousands) | December 31, |  | September 30,
| 2018 |  | 2018
Unharvested fruit crop on the trees | $ | 40,934 |  |  | $ | 39,888 |
Other | 1,524 |  |  | 1,145 |
Total inventories | $ | 42,458 |  |  | $ | 41,033 |
During the fiscal year ended September 30, 2018, the Company received insurance proceeds relating to Hurricane Irma of approximately $477,000 for property and casualty damage claims and approximately $8,952,000 for crop claims. The Company has additional property and casualty and crop insurance claims outstanding and is awaiting determination of additional proceeds to be received, if any. Insurance proceeds are recorded in the period they are both probable and reasonable estimable. In addition to the commercial insurance claims which have been submitted, the Company may be eligible for Hurricane Irma federal relief programs distributed by the Farm Service Agency under the 2017 Wildfires and Hurricane Indemnity Program (2017 WHIP), as well as block grants that will be administered through the State of Florida. The specifics of these programs are still being finalized, and at this time the Company cannot determine the amount of federal relief funds, if any, which will be received, or when these funds will be disbursed. The Company records its inventory at the lower of cost or net realizable value. For the three months ended December 31, 2018, the Company did not record any adjustments to reduce inventory to net realizable value.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
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