Annual report pursuant to section 13 and 15(d)

Inventories

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Inventories
12 Months Ended
Sep. 30, 2012
Inventories [Abstract]  
Inventories

Note 5. Inventories

Inventories consist of the following at September 30, 2012 and 2011:

 

         
(dollars in thousands)  

2012

 

2011

Unharvested fruit crop on trees   $ 16,176     $ 14,050  
Unharvested sugarcane     10,185       7,320  
Beef cattle     768       791  
Other     161       212  
                 
Total inventories   $ 27,290     $ 22,373  
                 

The Company records its inventory at the lower of cost or net realizable value. For the years ended September 30, 2012, 2011 and 2010, the Company did not record any adjustments to reduce inventory to net realizable value.