XML 12 R39.htm IDEA: XBRL DOCUMENT v2.4.1.9
Discontinued Operation (Details) (USD $)
In Thousands, unless otherwise specified
0 Months Ended 3 Months Ended 0 Months Ended
Jan. 08, 2014
Feb. 28, 2014
Jan. 08, 2014
Feb. 28, 2015
Nov. 30, 2014
Discontinued operation          
Net annual rent receivable for each of the first five years $ 500grif_AnnualLeaseRentReceivableForFirstFiveYears   $ 500grif_AnnualLeaseRentReceivableForFirstFiveYears    
Present value 4,036grif_DisposalGroupIncludingDiscontinuedOperationNoteReceivableFairValue   4,036grif_DisposalGroupIncludingDiscontinuedOperationNoteReceivableFairValue    
Accumulated depreciation       1,012us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment 988us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Pretax loss from the sale of assets          
Consideration received   4,910grif_DisposalGroupIncludingDiscontinuedOperationConsiderationReceived      
Carrying value of assets sold, principally inventory   (4,561)grif_DisposalGroupIncludingDiscontinuedOperationCarryingValueOfAssetsSold      
Curtailment of employee benefit plan   309grif_DisposalGroupIncludingDiscontinuedOperationGainLossOnCurtailmentOfEmployeeBenefitPlan      
Severance and other expenses   (710)us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherExpense      
Pretax loss   (52)grif_GainLossOnDispositionOfAssetsDiscontinuedOperations      
Proceeds from sale of real estate assets 874us-gaap_ProceedsFromDivestitureOfBusinesses 874us-gaap_ProceedsFromDivestitureOfBusinesses      
Note receivable 4,036grif_DisposalGroupIncludingDiscontinuedOperationNoteReceivableFairValue   4,036grif_DisposalGroupIncludingDiscontinuedOperationNoteReceivableFairValue    
Imperial's landscape nursery business          
Income statement disclosure          
Sales revenue   11us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
     
Pre tax income (loss)   (400)us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
     
Pretax loss from the sale of assets          
Severance and other expenses     563us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherExpense
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
   
Imperial's landscape nursery business | Inventory and certain assets          
Discontinued operation          
Non-interest bearing note receivable 4,250grif_DiscontinuedOperationNonInterestBearingNoteReceivable
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= grif_InventoryAndCertainAssetsMember
  4,250grif_DiscontinuedOperationNonInterestBearingNoteReceivable
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= grif_InventoryAndCertainAssetsMember
   
Number of installments in which promissory note will become due     2grif_PromissoryNoteReceivableNumberOfInstallments
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= grif_InventoryAndCertainAssetsMember
   
Amount of promissory note receivable due on June 1, 2014 2,750grif_AmountOfPromissoryNoteReceivableOnFirstDueDate
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= grif_InventoryAndCertainAssetsMember
  2,750grif_AmountOfPromissoryNoteReceivableOnFirstDueDate
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= grif_InventoryAndCertainAssetsMember
   
Amount of promissory note receivable due on June 1, 2015 1,500grif_AmountOfPromissoryNoteReceivableOnSecondDueDate
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= grif_InventoryAndCertainAssetsMember
  1,500grif_AmountOfPromissoryNoteReceivableOnSecondDueDate
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= grif_InventoryAndCertainAssetsMember
   
Period of non-competition restrictions     4 years    
Proceeds from sale of nursery inventory     732grif_ProceedsFromSaleOfInventory
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= grif_InventoryAndCertainAssetsMember
   
Discount rate (as a percent)     7.00%grif_PromissoryNoteReceivableDiscountRate
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= grif_InventoryAndCertainAssetsMember
   
Present value 4,036grif_DisposalGroupIncludingDiscontinuedOperationNoteReceivableFairValue
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= grif_InventoryAndCertainAssetsMember
  4,036grif_DisposalGroupIncludingDiscontinuedOperationNoteReceivableFairValue
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= grif_InventoryAndCertainAssetsMember
   
Pretax loss from the sale of assets          
Note receivable 4,036grif_DisposalGroupIncludingDiscontinuedOperationNoteReceivableFairValue
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= grif_InventoryAndCertainAssetsMember
  4,036grif_DisposalGroupIncludingDiscontinuedOperationNoteReceivableFairValue
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= grif_InventoryAndCertainAssetsMember
   
Imperial's landscape nursery business | Connecticut production nursery          
Discontinued operation          
Lease period     10 years    
Optional extension period of lease     15 years    
Period during which purchase option is available     13 years    
Price of land, land improvements and other operating assets under option to purchase 10,500grif_PriceOfLandLandImprovementsAndOtherOperatingAssetsUnderPurchaseOptionAvailableToLessee
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= grif_ProductionNurseryMember
  10,500grif_PriceOfLandLandImprovementsAndOtherOperatingAssetsUnderPurchaseOptionAvailableToLessee
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= grif_ProductionNurseryMember
   
Price of a portion of land under option to purchase $ 7,000grif_PriceOfPortionOfLandUnderPurchaseOptionAvailableToLessee
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= grif_ProductionNurseryMember
  $ 7,000grif_PriceOfPortionOfLandUnderPurchaseOptionAvailableToLessee
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= grif_LandscapeNurseryMember
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= grif_ProductionNurseryMember