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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Jun. 30, 2024
Accounting Policies [Abstract]  
Schedule of disaggregation of revenue
(in thousands)Three Months Ended
June 30,
Nine Months Ended
June 30,
2024202320242023
Revenue recognized at a point-in-time$12,291 $6,285 $42,250 $36,939 
Revenue recognized over time1,319 999 3,458 2,227 
Total$13,610 $7,284 $45,708 $39,166 
Revenues disaggregated by significant products and services for the three and nine months ended June 30, 2024 and 2023 are as follows:
(in thousands)Three Months Ended
June 30,
Nine Months Ended
June 30,
2024202320242023
Alico Citrus
Early and Mid-Season$— $— $14,534 $11,954 
Valencias12,183 6,064 26,915 23,994 
Fresh Fruit and Other108 221 801 991 
Grove Management Services946 427 2,341 978 
Total$13,237 $6,712 $44,591 $37,917 
Land Management and Other Operations
Land and Other Leasing$302 $474 $894 $1,028 
Other71 98 223 221 
Total$373 $572 $1,117 $1,249 
Total Revenues$13,610 $7,284 $45,708 $39,166 
Schedule of Short-Term Debt The carrying amounts and estimated fair values (Level 2) of debt instruments are as follows:
(in thousands)June 30, 2024September 30, 2023
Carrying AmountEstimated Fair ValueCarrying AmountEstimated Fair Value
Corporate debt
Current portion of long-term debt$1,410 $1,364 $2,566 $2,325 
Long-term debt$83,100 $75,294 $126,753 $115,851 
Schedule of Revenue by Major Customers by Reporting Segments
Accounts receivable from the Company’s major customer as of June 30, 2024 and September 30, 2023, and revenue from such customer for the nine months ended June 30, 2024 and 2023, are as follows:

(in thousands)Accounts ReceivableRevenue% of Total Revenue
June 30,September 30,Nine Months Ended
June 30,
Nine Months Ended
June 30,
202420232024202320242023
Tropicana$3,218 $— $40,456 $32,220 88.5 %82.3 %