Limoneira (LMNR) 10-Q 10 Mar 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Jan. 31, 2014	Feb. 28, 2014
Document and Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Jan-14	'
Entity Registrant Name	'Limoneira CO	'
Entity Central Index Key	'0001342423	'
Trading Symbol	'LMNR	'
Current Fiscal Year End Date	'--10-31	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	14,050,390

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Jan. 31, 2014	Oct. 31, 2013
Current assets:	'	'
Cash	$58,000	$82,000
Accounts receivable, net	11,738,000	6,419,000
Notes receivable - related parties	17,000	'
Cultural costs	1,632,000	4,124,000
Prepaid expenses and other current assets	3,549,000	2,972,000
Income taxes receivable	840,000	'
Total current assets	17,834,000	13,597,000
Property, plant and equipment, net	89,809,000	86,210,000
Real estate development	84,328,000	83,419,000
Equity in investments	1,708,000	1,800,000
Investment in Calavo Growers, Inc.	15,190,000	14,845,000
Notes receivable - related party	'	17,000
Notes receivable	2,043,000	2,024,000
Other assets	8,223,000	8,002,000
Total assets	219,135,000	209,914,000
Current liabilities:	'	'
Accounts payable	4,997,000	4,784,000
Growers payable	6,089,000	2,325,000
Accrued liabilities	2,816,000	6,280,000
Fair value of derivative instrument	766,000	717,000
Current portion of long-term debt	573,000	569,000
Total current liabilities	15,241,000	14,675,000
Long-term liabilities:	'	'
Total long-term debt, less current portion	71,264,000	61,563,000
Deferred income taxes	18,841,000	18,540,000
Other long-term liabilities	4,185,000	4,483,000
Total long-term liabilities	94,290,000	84,586,000
Commitments and contingencies	'	'
Stockholders' equity:	'	'
Preferred Stock	3,000,000	3,000,000
Common Stock $.01 par value (19,900,000 shares authorized: 14,050,390 and 14,016,011 shares issued and outstanding at January 31, 2014 and October 31, 2013, respectively)	141,000	140,000
Additional paid-in capital	88,463,000	88,160,000
Retained earnings	17,287,000	19,098,000
Accumulated other comprehensive loss	713,000	255,000
Total stockholders' equity	109,604,000	110,653,000
Total liabilities and stockholders' equity	219,135,000	209,914,000
Series B Convertible Preferred Stock [Member]	'	'
Stockholders' equity:	'	'
Preferred Stock	3,000,000	3,000,000
Series A Junior Participating Preferred Stock [Member]	'	'
Stockholders' equity:	'	'
Preferred Stock	'	'

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Jan. 31, 2014	Oct. 31, 2013
Common stock, par value per share	$0.01	$0.01
Common stock, shares authorized	19,900,000	19,900,000
Common stock, shares issued	14,050,390	14,016,011
Common stock, shares outstanding	14,050,390	14,016,011
Series B Convertible Preferred Stock [Member]	'	'
Preferred stock, par or stated value per share	$100	$100
Preferred stock, shares authorized	50,000	50,000
Preferred stock, shares issued	30,000	30,000
Preferred stock, shares outstanding	30,000	30,000
Preferred stock, coupon rate	8.75%	8.75%
Series A Junior Participating Preferred Stock [Member]	'	'
Preferred stock, par or stated value per share	$0.01	$0.01
Preferred stock, shares authorized	20,000	20,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	3 Months Ended
	Jan. 31, 2014	Jan. 31, 2013
Revenues:	'	'
Agribusiness	$24,704,000	$16,298,000
Rental operations	1,134,000	1,036,000
Real estate development	44,000	48,000
Total revenues	25,882,000	17,382,000
Costs and expenses:	'	'
Agribusiness	23,462,000	18,587,000
Rental operations	728,000	619,000
Real estate development	344,000	243,000
Selling, general and administrative	3,541,000	3,265,000
Total costs and expenses	28,075,000	22,714,000
Operating (loss) income	-2,193,000	-5,332,000
Other income (expense):	'	'
Interest expense	'	-124,000
Interest income related to derivative instruments	'	221,000
Interest income	20,000	24,000
Other income, net	153,000	417,000
Total other income	173,000	538,000
Loss before income tax benefit and equity in earnings of investments	-2,020,000	-4,794,000
Income tax benefit	717,000	1,655,000
Loss before income tax benefit and equity in earnings of investments	84,000	17,000
Net loss	-1,219,000	-3,122,000
Preferred dividends	-66,000	-66,000
Net loss applicable to common stock	($1,285,000)	($3,188,000)
Basic net loss per common share	($0.09)	($0.28)
Diluted net loss per common share	($0.09)	($0.28)
Dividends per common share	$0.04	$0.04
Weighted-average common shares outstanding-basic	14,030,000	11,220,000
Weighted-average common shares outstanding-diluted	14,030,000	11,220,000

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (Loss) (USD $)	3 Months Ended
	Jan. 31, 2014	Jan. 31, 2013
Consolidated Statements of Comprehensive Loss [Abstract]	'	'
Net loss	($1,219,000)	($3,122,000)
Other comprehensive income, net of tax:	'	'
Minimum pension liability adjustment	118,000	155,000
Unrealized holding gains of security available-for-sale	208,000	520,000
Unrealized gains from derivative instruments	132,000	226,000
Total other comprehensive income, net of tax	458,000	901,000
Comprehensive loss	($761,000)	($2,221,000)

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	3 Months Ended
	Jan. 31, 2014	Jan. 31, 2013
Operating activities	'	'
Net loss	($1,219,000)	($3,122,000)
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	817,000	542,000
Loss on disposal of assets	183,000	'
Stock compensation expense	472,000	426,000
Equity in earnings of investments	-84,000	-17,000
Non-cash interest income on derivative instruments	'	-221,000
Accrued interest on note receivable	-19,000	-19,000
Changes in operating assets and liabilities:	'	'
Accounts and notes receivable	-5,488,000	-3,516,000
Cultural costs	2,492,000	809,000
Prepaid expenses and other current assets	-577,000	-476,000
Income taxes receivable	-840,000	-1,655,000
Other assets	107,000	-63,000
Accounts payable and growers payable	3,038,000	3,567,000
Accrued liabilities	-3,521,000	-1,330,000
Other long-term liabilities	166,000	212,000
Net cash used in operating activities	-4,473,000	-4,863,000
Investing activities	'	'
Capital expenditures	-4,764,000	-1,918,000
Cash distributions from equity investments	184,000	'
Equity investment contributions	-8,000	-80,000
Investments in mutual water companies and water rights	-8,000	-8,000
Net cash used in investing activities	-4,596,000	-2,006,000
Financing activities	'	'
Borrowings of long-term debt	17,027,000	11,580,000
Repayments of long-term debt	-7,322,000	-4,212,000
Dividends paid - common	-526,000	-420,000
Dividends paid - preferred	-66,000	-66,000
Payments of debt financing costs	-68,000	'
Net cash provided by financing activities	9,045,000	6,882,000
Net (decrease) increase in cash	-24,000	13,000
Cash at beginning of period	82,000	11,000
Cash at end of period	58,000	24,000
Supplemental disclosures of cash flow information	'	'
Cash paid during the period for interest	571,000	891,000
Cash paid during the period for income taxes	1,855,000	'
Non-cash investing and financing transactions:	'	'
Unrealized holding gain on Calavo investment	-345,000	-864,000
Capital expenditures accrued but not paid at period-end	726,000	185,000
Accrued interest on note receivable	19,000	19,000
Accrued contribution obligation of investment in water company	$270,000	$270,000

Preface

Preface	3 Months Ended
	Jan. 31, 2014
Preface [Abstract]	'
Preface	'
	Preface
	The preparation of the unaudited interim consolidated financial statements requires management to make use of estimates and assumptions that affect the reported amount of assets and liabilities, revenue and expenses and certain financial statement disclosures. Actual results may differ from these estimates.
	The unaudited interim consolidated financial statements for the three months ended January 31, 2014 and 2013 and balance sheet as of January 31, 2014 included herein have not been audited by an independent registered public accounting firm, but in management's opinion, all adjustments (consisting of normal recurring adjustments) necessary to make a fair statement of the financial position at January 31, 2014 and the results of operations and the cash flows for the periods presented herein have been made. The results of operations for the three months ended January 31, 2014 are not necessarily indicative of the operating results expected for the full fiscal year.
	The consolidated balance sheet at October 31, 2013 included herein has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements.
	The unaudited interim consolidated financial statements included herein have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (the "SEC"). Although we believe the disclosures made are adequate to make the information presented not misleading, certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted pursuant to such rules or regulations. These unaudited interim consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's Form 10-K for the fiscal year ended October 31, 2013.

Business

Business	3 Months Ended
	Jan. 31, 2014
Business [Abstract]	'
Business	'
	1. Business
	Limoneira Company, a Delaware corporation (the "Company"), engages primarily in growing citrus and avocados, picking and hauling citrus, and packing, marketing and selling lemons. The Company is also engaged in residential rentals and other rental operations and real estate development activities.
	The Company markets and sells lemons directly to foodservice, wholesale and retail customers throughout the United States, Canada, Asia and other international markets. The Company is a member of Sunkist Growers, Inc. ("Sunkist"), an agricultural marketing cooperative, and sells its oranges, specialty citrus and other crops to Sunkist-licensed and other third-party packinghouses.
	The Company sells all of its avocado production to Calavo Growers, Inc. ("Calavo"), a packing and marketing company listed on NASDAQ under the symbol CVGW. Calavo's customers include many of the largest retail and food service companies in the United States and Canada. The Company's avocados are packed by Calavo, sold and distributed under Calavo brands to its customers.
	The unaudited interim consolidated financial statements include the accounts of the Company and the accounts of all the subsidiaries and investments in which a controlling interest is held by the Company. The unaudited interim consolidated financial statements represent the consolidated balance sheets, consolidated statements of operations, consolidated statements of comprehensive loss and consolidated statements of cash flows of the Company and its wholly-owned subsidiaries. The Company's subsidiaries include: Limoneira International Division, LLC, Limoneira Mercantile, LLC, Windfall Investors, LLC, Templeton Santa Barbara, LLC, and Associated Citrus Packers, Inc. All significant intercompany balances and transactions have been eliminated in consolidation. The Company considers the criteria established under the Financial Accounting Standards Board - Accounting Standards Code ("FASB ASC") 810, Consolidations and the effect of variable interest entities, in its consolidation process. These unaudited consolidated financial statements should be read in conjunction with the notes thereto included in this quarterly report.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	3 Months Ended
	Jan. 31, 2014
Summary of Significant Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	2. Summary of Significant Accounting Policies
	Recent Accounting Pronouncements
	Financial Accounting Standards Board - Accounting Standards Update ("FASB ASU") 2011-05, Comprehensive Income (Topic 220).
	In December 2011, the FASB issued ASU 2011-12, "Comprehensive Income (Topic 220), Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05," to defer the effective date for those aspects of ASU 2011-05 relating to the presentation of reclassification adjustments out of accumulated other comprehensive income.
	In February 2013, the FASB issued ASU 2013-02, "Comprehensive Income (Topic 220), Reporting of Amounts Reclassified out of Accumulated Other Comprehensive Income." The objective of this update is to have companies provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, a company is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under GAAP to be reclassified to net income in its entirety in the same reporting period. The amendments in this update are effective for fiscal years and interim periods within those years beginning after December 15, 2012. The Company's adoption of this update in the first quarter of fiscal year 2014 had no effect on the reported results of operations.

Fair_Value_Measurements

Fair Value Measurements	3 Months Ended
	Jan. 31, 2014
Fair Value Measurements [Abstract]	'
Fair Value Measurements	'
	3. Fair Value Measurements
	Under the FASB ASC 820, Fair Value Measurement and Disclosures, a fair value measurement is determined based on the assumptions that a market participant would use in pricing an asset or liability. A three-tiered hierarchy draws distinctions between market participant assumptions based on (i) observable inputs such as quoted prices in active markets (Level 1), (ii) inputs other than quoted prices in active markets that are observable either directly or indirectly (Level 2) and (iii) unobservable inputs that require the Company to use present value and other valuation techniques in the determination of fair value (Level 3).
	The following table sets forth the Company's financial assets and liabilities as of January 31, 2014, that are measured on a recurring basis during the period, segregated by level within the fair value hierarchy:
		Level 1		Level 2		Level 3		Total
	Assets at fair value:
	Available-for-sale securities	$	15,190,000	$	-	$	-	$	15,190,000
	Liabilities at fair value:
	Derivative	$	-	$	2,020,000	$	-	$	2,020,000
	Available-for-sale securities consist of marketable securities in Calavo common stock. The Company currently owns 500,000 shares, representing approximately 3.2% of Calavo's outstanding common stock. These securities are measured at fair value by quoted market prices. Calavo's stock price at January 31, 2014 was $30.38 per share.
	The derivative consists of an interest rate swap (see Note 11), the fair value of which is estimated using industry-standard valuation models. Such models project future cash flows and discount the future amounts to a present value using market-based observable inputs.

Accounts_Receivable

Accounts Receivable	3 Months Ended
	Jan. 31, 2014
Accounts Receivable [Abstract]	'
Accounts Receivable	'
	4. Accounts Receivable
	The Company grants credit in the course of its operations to customers, cooperatives, companies and lessees of the Company's facilities. The Company performs periodic credit evaluations of its customers' financial condition and generally does not require collateral. The Company provides allowances on its receivables, as required, based on accounts receivable aging and certain other factors. As of January 31, 2014 and October 31, 2013 the allowances totaled $179,000 and $85,000, respectively.

Concentrations

Concentrations	3 Months Ended
	Jan. 31, 2014
Concentrations [Abstract]	'
Concentrations	'
	5. Concentrations
	The Company's primary concentration of credit risk at January 31, 2014 consists of $1,907,000 due from a third-party packing house for oranges and specialty citrus and other crops. Sales to a domestic exporter for lemons represented 11% of total revenues in the three months ended January 31, 2014. The Company sells all of its avocado production to Calavo.
	Lemons procured from third-party growers were 46% of lemon supply in the three months ended January 31, 2014, of which two third-party growers were 17% and 13% of lemon supply, respectively.

Real_Estate_Development_Assets

Real Estate Development Assets	3 Months Ended
	Jan. 31, 2014
Real Estate Development Assets [Abstract]	'
Real Estate Development Assets	'
	6. Real Estate Development Assets
	Real estate development assets consist of the following:
		January 31,		October 31,
		2014		2013
	East Areas 1 and 2	$	52,181,000	$	51,538,000
	Templeton Santa Barbara, LLC		11,357,000		11,276,000
	Windfall Investors, LLC		20,790,000		20,605,000
		$	84,328,000	$	83,419,000
	East Areas 1 and 2
	In fiscal year 2005, the Company began capitalizing the costs of two real estate projects east of Santa Paula, California, for the development of 550 acres of land into residential units, commercial buildings, and civic facilities. During the three months ended January 31, 2014 and 2013, the Company capitalized $643,000 and $811,000, respectively, of costs related to these real estate projects, respectively. Additionally, in relation to these projects, the Company incurred net expenses of $5,000 and $2,000 in the three months ended January 31, 2014 and 2013, respectively.
	On August 24, 2010, the Company entered into an amendment (the "Amendment") to a Real Estate Advisory Management Consultant Agreement (the "Consultant Agreement") with Parkstone Companies, Inc. (the "Consultant") dated April 1, 2004, that includes provisions for the Consultant to earn a success fee (the "Success Fee") upon the annexation by the City of Santa Paula, California of East Area I. Under the terms of the Amendment, the Company agrees to pay the Success Fee in an amount equal to 4% of the incremental Property Value under a formula defined in the Amendment.  The Success Fee is due and payable 120 days following the earlier to occur of (a) the sale of all or any portion of East Area I, including any unrelated third party material investment in the property, (b) the determination of an appraised value of the East Area I or (c) the second anniversary of the property annexation (each a "Success Fee Event").
	The Success Fee, if any, shall be paid in cash, shares of the Company's common stock, or any combination of the forgoing at the sole discretion of the Company.  The Success Fee is based on the calculated value of the property, which can vary over time until the settlement date. Accordingly, the Success Fee will be "marked to market" periodically to recognize the potential variability in the property value. Changes in the value, if any, will be recorded to capitalized development costs and additional paid in capital ("APIC"). To the extent that it becomes probable that cash will be used in the settlement rather than stock, such amount of cash will be classified as a liability rather than APIC.
	If the Success Fee is paid in shares of common stock, deemed to be an equity award, the amount of common stock paid will be determined using a price per share equal to the average of closing prices of the common stock on the NASDAQ Global Market for the 20 trading days ending on the last trading day prior to the earliest occurring Success Fee Event; provided, however, that the price per share shall be no less than $16.00 per share. Previously recognized capitalized development costs will be adjusted to reflect the calculated value of the property upon settlement. The related APIC amount will be adjusted to common stock to reflect the issuance of common stock. To the extent that it becomes probable that cash will be used in the settlement rather than stock, such amount of cash will be classified as a liability rather than APIC / common stock. As of January 31, 2014, the estimated amount of the Success Fee was zero.
	In connection with facilitating the annexation of East Area 1 into the City of Santa Paula, during February 2013, the Company entered into a Capital Improvement Cost Sharing Agreement for Improvements to Santa Paula Creek Channel (the "Cost Sharing Agreement") with the Ventura County Watershed Protection District (the "District"). The Cost Sharing Agreement requires the Company to reimburse the District 28.5% of the costs of the improvements, up to a maximum of $5,000,000. Additionally, the Company is required to pay the cost of preparing a study to determine a feasible scope of work and budget for the improvements. As of January 31, 2014, $150,000 has been accrued for the cost of the study.
	Templeton Santa Barbara, LLC
	The three real estate development parcels within the Templeton Santa Barbara, LLC project are described as Centennial Square ("Centennial"), The Terraces at Pacific Crest ("Pacific Crest"), and Sevilla. The net carrying values of Centennial, Pacific Crest and Sevilla at January 31, 2014 were $3,301,000, $3,370,000 and $4,686,000, respectively, and at October 31, 2013 were $3,220,000, $3,370,000 and $4,686,000, respectively.
	During the three months ended January 31, 2014 and 2013, the Company capitalized $81,000 and $275,000, respectively, of costs related to these real estate parcels. Additionally, in relation to these parcels, the Company incurred net expenses of $27,000 and $18,000 in the three months ended January 31, 2014 and 2013, respectively.
	On November 29, 2013, the Company entered into Purchase and Sale agreements to sell Pacific Crest and Sevilla to the same buyer for a combined purchase price of approximately $8,300,000. Upon execution of the agreements, the buyer deposited $500,000 into escrow. The buyer had the option to terminate the purchase of the parcels prior to the close of 90-day escrow period. The sales were terminated by the buyer during February 2014 and the deposit was returned to the buyer.
	Windfall Investors, LLC
	On November 15, 2009, the Company acquired Windfall Investors, LLC, which included $16,842,000 of real estate development assets. During the three months ended January 31, 2014 and 2013, the Company capitalized $185,000 and $244,000, respectively, of costs related to this real estate development project. Additionally, in relation to this project, the Company incurred net expenses of $268,000 and $175,000 during the three months ended January 31, 2014 and 2013, respectively.

Investment_in_Calavo_Growers_I

Investment in Calavo Growers, Inc.	3 Months Ended
	Jan. 31, 2014
Investment in Calavo Growers, Inc. [Abstract]	'
Investment in Calavo Growers, Inc.	'
	7. Investment in Calavo Growers, Inc.
	In June 2005, the Company entered into a stock purchase agreement with Calavo. Pursuant to this agreement, the Company purchased 1,000,000 shares, or approximately 6.9%, of Calavo's common stock for $10,000,000 and Calavo purchased 1,728,570 shares, or approximately 15.1%, of the Company's common stock for $23,450,000. Under the terms of the agreement, the Company received net cash consideration of $13,450,000. The Company has classified its marketable securities investment as available-for-sale.
	In fiscal year 2009, the Company sold 335,000 shares of Calavo stock for a total of $6,079,000, recognizing a gain of $2,729,000. In fiscal year 2013, the Company sold 165,000 shares to Calavo pursuant to the 2005 Stock Purchase Agreement for a total of $4,788,000, recognizing a gain of $3,138,000. The Company continues to own 500,000 shares of Calavo common stock.
	Additionally, changes in the fair value of the available-for-sale securities result in unrealized holding gains or losses for the remaining shares held by the Company. The Company recorded unrealized holding gains of $345,000 ($208,000 net of tax) and $864,000 ($520,000 net of tax) during the three months ended January 31, 2014 and 2013, respectively.

Notes_Receivable

Notes Receivable	3 Months Ended
	Jan. 31, 2014
Notes Receivable [Abstract]	'
Notes Receivable	'
	8. Notes Receivable
	The Company has recorded a note receivable and accrued interest from an employee totaling $17,000 at January 31, 2014 and October 31, 2013, payable December 2014.

Other_Assets

Other Assets	3 Months Ended
	Jan. 31, 2014
Other Assets [Abstract]	'
Other Assets	'
	9. Other Assets
	Other assets consist of the following:
		January 31,		October 31,
		2014		2013
	Investments in mutual water companies	$	3,708,000	$	3,430,000
	Acquired water and mineral rights		1,536,000		1,536,000
	Deferred lease assets and other		1,482,000		1,522,000
	Revolving funds and memberships		346,000		358,000
	Acquired trade names and trademarks		471,000		476,000
	Goodwill		680,000		680,000
		$	8,223,000	$	8,002,000

LongTerm_Debt

Long-Term Debt	3 Months Ended
	Jan. 31, 2014
Long-Term Debt [Abstract]	'
Long-Term Debt	'
	10. Long-Term Debt
	Long-term debt is comprised of the following:
		January 31,		October 31,
		2014		2013
	Rabobank revolving credit facility secured by property with a net book value of	$	64,337,000	$	54,380,000
	$12,260,000 at January 31, 2014 and October 31, 2013. The interest rate is variable
	based on the one-month London Interbank Offered Rate (LIBOR), which was 0.17%
	at January 31, 2014, plus 1.80%. Interest is payable monthly and the principal is
	due in full in June 2018.
	Farm Credit West term loan secured by property with a net book value of $11,613,000		5,137,000		5,262,000
	at January 31, 2014 and $11,615,000 at October 31, 2013. The interest rate is variable
	and was 2.75% at January 31, 2014. The loan is payable in quarterly installments
	through November 2022.
	Farm Credit West non-revolving line of credit secured by property with a net book value		492,000		492,000
	of $3,896,000 at January 31, 2014 and $3,890,000 at October 31, 2013. The interest rate
	is variable and was 2.75% at January 31, 2014. Interest is payable monthly and the
	principal is due in full in May 2018.
	Farm Credit West term loan secured by property with a net book value of $20,790,000 at		1,851,000		1,975,000
	January 31, 2014 and $20,605,000 at October 31, 2013. The interest rate is fixed at 3.65%
	until November 2014 and will become variable for the remainder of the loan. The loan
	is payable in monthly installments through October 2035.
	CNH Capital loans secured by property with a net book value of $11,000 at January 31, 2014 and October 31, 2013.  The interest rate is zero and the loans are payable in monthly installments through May and July 2015.		20,000		23,000
	Subtotal		71,837,000		62,132,000
	Less current portion		573,000		569,000
	Total long-term debt, less current portion	$	71,264,000	$	61,563,000
	In November 2011, the Company entered into a Second Amendment to Amended and Restated Line of Credit Agreement dated as of December 15, 2008, between the Company and Rabobank in order to (i) increase the revolving line of credit from $80,000,000 to the lesser of $100,000,000 or 60% of the appraised value of any real estate pledged as collateral, which was $89,343,000 at January 31, 2014, ii) amend the interest rate such that the line of credit bears interest equal to LIBOR plus 1.80% effective July 1, 2013 and (iii) extend the maturity date from June 30, 2013 to June 30, 2018. The Company is subject to an annual financial covenant and certain other restrictions measured at its fiscal year end. The Company paid debt financing costs of $68,000 in November 2013 related to this line of credit.
	Interest is capitalized on non-bearing orchards, real estate development projects and significant construction in progress. Interest of $597,000 and $777,000 was capitalized during the three months ended January 31, 2014 and 2013, respectively, and is included in property, plant and equipment and real estate development assets in the Company's consolidated balance sheets.

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging Activities	3 Months Ended
	Jan. 31, 2014
Derivative Instruments and Hedging Activities [Abstract]	'
Derivative Instruments and Hedging Activities	'
	11. Derivative Instruments and Hedging Activities
	The Company enters into interest rate swaps to minimize the risks and costs associated with its financing activities. Derivative financial instruments are as follows:
		Notional Amount				Fair Value Liability
		January 31,		31-Oct-13		January 31,		31-Oct-13
		2014				2014
	Pay fixed-rate, receive floating-rate forward interest rate swap, beginning July 2013 until June 2018	$	40,000,000		40,000,000	$	2,020,000		2,240,000
	In November 2011, the Company entered into a forward interest rate swap agreement with Rabobank International, Utrecht to fix the interest rate at 4.30% on $40,000,000 of its outstanding borrowings under the Rabobank line of credit beginning July 2013 until June 2018. This interest rate swap qualifies as a cash flow hedge and is accounted for as a hedge under the short-cut method. Therefore, the fair value liability is included in fair value of derivative instruments, other long-term liabilities and related accumulated other comprehensive income at January 31, 2014 and October 31, 2013.

Basic_and_Diluted_Net_Income_p

Basic and Diluted Net Income per Share	3 Months Ended
	Jan. 31, 2014
Basic and Diluted Net Income per Share [Abstract]	'
Basic and Diluted Net Income per Share	'
	12. Basic and Diluted Net Loss per Share
	Basic net loss per common share is calculated using the weighted-average number of common shares outstanding during the period without consideration of the dilutive effect of stock-based compensation. Diluted net loss per common share is calculated using the weighted-average number of common shares outstanding plus the dilutive effect of stock-based compensation calculated using the treasury stock method. There was no dilution due to stock-based compensation for the three months ended January 31, 2014 and 2013. The Series B convertible preferred shares are anti-dilutive.

RelatedParty_Transactions

Related-Party Transactions	3 Months Ended
	Jan. 31, 2014
Related-Party Transactions [Abstract]	'
Related-Party Transactions	'
	13. Related-Party Transactions
	The Company rents certain of its residential housing assets to employees on a month-to-month basis. The Company recorded $147,000 and $120,000 of rental income from employees in the three months ended January 31, 2014 and 2013, respectively. There were no rental payments due from employees at January 31, 2014 and October 31, 2013.
	The Company has representation on the boards of directors of the mutual water companies in which the Company has investments. The Company recorded capital contributions and purchased water and water delivery services from the mutual water companies, in aggregate, of $587,000 and $560,000 in the three months ended January 31, 2014 and 2013, respectively. Capital contributions are included in other assets in the Company's consolidated balance sheets and purchases of water and water delivery services are included in agribusiness expense in the Company's consolidated statements of operations. Payments due to the mutual water companies were, in aggregate, $271,000 and $78,000 at January 31, 2014 and October 31, 2013, respectively.
	The Company has a presence on the board of directors of a non-profit cooperative association that provides pest control services for the agricultural industry. The Company purchased services and supplies of $249,000 and $256,000 from the association in the three months ended January 31, 2014 and 2013, respectively. Such amounts are included in agribusiness expense in the Company's consolidated statements of operations. Payments due to the association were $3,000 and $26,000 at January 31, 2014 and October 31, 2013, respectively.
	The Company recorded dividend income of $350,000 and $432,000 in the three months ended January 31, 2014 and 2013, respectively, on its investment in Calavo, which is included in other income, net in the Company's consolidated statements of operations. The Company had $8,000 and $7,000 of avocados sales to Calavo for the three months ended January 31, 2014 and 2013, respectively. Such amounts are included in agribusiness revenues in the Company's consolidated statements of operations. There were no amounts that were receivable by the Company from Calavo at January 31, 2014 and October 31, 2013. Additionally, the Company leases office space to Calavo and received rental income of $69,000 and $68,000 in the three months ended January 31, 2014 and 2013, respectively. Such amounts are included in rental revenues in the Company's consolidated statements of operations.
	Certain members of the Company's Board of Directors market lemons through the Company pursuant to its customary marketing agreements. During the three months ended January 31, 2014 and 2013, the aggregate amount of lemons procured from entities owned or controlled by members of the Board of Directors was $6,000 and $22,000, respectively, which is included in agribusiness expense in the Company's consolidated statements of operations. Payments due to these Board members were zero and $240,000 at January 31, 2014 and October 31, 2013, respectively.
	On July 1, 2013, the Company and Cadiz Real Estate, LLC ("Cadiz"), a wholly-owned subsidiary of Cadiz, Inc., entered into a long-term lease agreement (the "Lease") for a minimum of 320 acres, with an option to lease up to an additional 640 acres, located within 9,600 zoned agricultural acres owned by Cadiz in eastern San Bernardino County, California. The initial term of the Lease runs for 20 years and the annual base rental rate will be equal to the sum of $200 per planted acre and 20% of gross revenues from the sale of harvested lemons (less operating expenses) and will not exceed $1,200 per acre per year. As of January 31, 2014, no acres have been planted on the leased property; therefore no lease expense has been incurred. A member of the Company's board of directors serves as the CEO, President and a member of the board of directors of Cadiz, Inc.
	As of the September 6, 2013 acquisition of Associated Citrus packers, Inc. ("Associated"), the Company has representation on the board of directors of Colorado River Growers, Inc. ("CRG"), a non-profit cooperative association of fruit growers engaged in the agricultural harvesting and marketing business in Yuma County, Arizona. The Company paid harvest advances to CRG of $2,809,000 during the three months ended January 31, 2014. Such amounts are included in agribusiness expense in the Company's consolidated statements of operations. Additionally, Associated provided harvest management and administrative services to CRG in the amount of $295,000 during the three months ended January 31, 2014. Such amounts are included in agribusiness revenues in the Company's consolidated statements of operations. There was $16,000 and $194,000 due to Associated from CRG at January 31, 2014 and October 31, 2013, respectively, which is included in accounts receivable in the Company's consolidated balance sheets.
	The Company has representation on the board of directors of Yuma Mesa Irrigation and Drainage District. The Company purchased water in the amount of $10,000 during three months ended January 31, 2014 and this amount is included in agribusiness expenses in the Company's consolidated statements of operations. There were no amounts due to the district at January 31, 2014 and October 31, 2013.

Income_Taxes

Income Taxes	3 Months Ended
	Jan. 31, 2014
Income Taxes [Abstract]	'
Income Taxes	'
	14. Income Taxes
	The Company's estimated effective tax rate for the first quarter of fiscal year 2014 is approximately 37.0%, inclusive of certain discrete items.
	There has been no material change to the Company's uncertain tax position for the three months ended January 31, 2014. The Company does not expect its unrecognized tax benefits to change significantly over the next 12 months.
	The Company's policy is to recognize interest expense and penalties related to income tax matters as a component of income tax expense. The Company has not accrued any interest and penalties associated with uncertain tax positions as of January 31, 2014.

Retirement_Plans

Retirement Plans	3 Months Ended
	Jan. 31, 2014
Retirement Plans [Abstract]	'
Retirement Plans	'
	15. Retirement Plans
	The Limoneira Company Retirement Plan (the "Plan") is a noncontributory, defined benefit, single employer pension plan, which provides retirement benefits for all eligible employees of the Company. Benefits paid by the Plan are calculated based on years of service, highest five-year average earnings, primary Social Security benefit and retirement age. Effective June 2004, the Company froze the Plan and no additional benefits accrued to participants subsequent to that date. The Plan is administered by City National Bank and Mercer Human Resource Consulting.
	The Plan is funded consistent with the funding requirements of federal law and regulations. There were funding contributions of zero and $27,000 during the three months ended January 31, 2014 and 2013, respectively.
	The components of net periodic benefit cost for the Plan for the three months ended January 31 were as follows:
		2014			2013
	Service cost	$	34,000		$	41,000
	Interest cost		205,000			180,000
	Expected return on plan assets		(268,000	)		(240,000	)
	Recognized actuarial loss		195,000			258,000
	Net periodic benefit cost	$	166,000		$	239,000

Other_LongTerm_Liabilities

Other Long-Term Liabilities	3 Months Ended
	Jan. 31, 2014
Other Long-term Liabilities [Abstract]	'
Other Long-Term Liabilities	'
	16. Other Long-Term Liabilities
	Other long-term liabilities consist of the following:
		January 31,		October 31,
		2014		2013
	Minimum pension liability	$	2,876,000	$	2,905,000
	Fair value of derivative instrument		1,254,000		1,523,000
	Other		55,000		55,000
		$	4,185,000	$	4,483,000

Stockholders_Equity

Stockholders' Equity	3 Months Ended
	Jan. 31, 2014
Stockholders' Equity [Abstract]	'
Stockholders' Equity	'
	17. Stock-based Compensation
	As of January 31, 2014, there are 7,810 shares of common stock issued to employees in connection with a discontinued stock option plan. Such shares are subject to repurchase by the Company and constitute a liability due to the repurchase right. The repurchase obligation of $6,000 is included in other long-term liabilities in the Company's consolidated balance sheets at January 31, 2014 and October 31, 2013.
	The Company has a stock-based compensation plan (the "Stock Plan") that allows for the grant of common stock of the Company to members of management based on achievement of certain annual financial performance and other criteria. The number of shares granted is based on a percentage of the employee's base salary divided by the stock price on the grant date. Shares granted under the Stock Plan generally vest over a three year period. During December 2013, 27,091 shares of common stock were granted to management under the Stock Plan for fiscal year 2013 performance, resulting in total compensation expense of approximately $727,000, with $253,000 recognized in the year ended October 31, 2013 and the balance to be recognized over the next two years as the shares vest.  During December 2012, 34,721 shares of common stock were granted to management under the Stock Plan for fiscal year 2012 performance, resulting in total compensation expense of approximately $657,000, with $216,000 recognized in the year ended October 31, 2012 and the balance to be recognized over the next two years as the shares vest. No shares were granted for fiscal year 2011 performance. Stock-based compensation expense is included in selling, general and administrative expense and is recognized over the performance and vesting periods as summarized below:
				Three Months Ended
				January 31,
	Performance	Shares		2014		2013
	Year	Granted
	2010		62,287	$	-	$	91,000
	2012		34,721		50,000		60,000
	2013		27,091		59,000		75,000
	2014		-		60,000		-
				$	169,000	$	226,000
	During December 2013, members of management exchanged 6,299 shares of common stock with fair market values of $26.82 per share (at the date of the exchanges), respectively, for the payment of payroll taxes associated with the vesting of shares under the Company's stock-based compensation programs.
	During January 2014, 13,587 shares of common stock were granted to the Company's non-employee directors under the Company's stock-based compensation plans. The Company recognized $303,000 and $200,000 of stock-based compensation to non-employee directors during the three months ended January 31, 2014 and 2013, respectively.

Segment_Information

Segment Information	3 Months Ended
	Jan. 31, 2014
Segment Information [Abstract]	'
Segment Information	'
	18. Segment Information
	The Company operates and tracks results in three reportable operating segments: agribusiness, rental operations, and real estate development. The reportable operating segments of the Company are strategic business units with different products and services, distribution processes and customer bases. The agribusiness segment includes farming and citrus packing operations. The rental operations segment includes residential and commercial rental operations, leased land, and organic recycling. The real estate development segment includes real estate development operations. No asset information is provided for reportable segments as these specified amounts are not included in the measure of segment profit or loss reviewed by the company's chief operating decision maker. The Company measures operating performance, including revenues and earnings, of its operating segments and allocates resources based on its evaluation. The Company does not allocate selling, general and administrative expense, other income (expense), interest expense and income tax expense, or specifically identify them to its operating segments.
	Segment information for the three months ended January 31, 2014:
		Agribusiness			Rental		Real Estate			Corporate and			Total
					Operations		Development			Other
	Revenues	$	24,704,000		$	1,134,000	$	44,000		$	-		$	25,882,000
	Costs and expenses		22,811,000			626,000		326,000			3,495,000			27,258,000
	Depreciation and amortization		651,000			102,000		18,000			46,000			817,000
	Operating (loss) income	$	1,242,000		$	406,000	$	(300,000	)	$	(3,541,000	)	$	(2,193,000	)
	Segment information for the three months ended January 31, 2013:
		Agribusiness			Rental		Real Estate			Corporate and			Total
					Operations		Development			Other
	Revenues	$	16,298,000		$	1,036,000	$	48,000		$	-		$	17,382,000
	Costs and expenses		18,194,000			530,000		230,000			3,218,000			22,172,000
	Depreciation and amortization		393,000			89,000		13,000			47,000			542,000
	Operating (loss) income	$	(2,289,000	)	$	417,000	$	(195,000	)	$	(3,265,000	)	$	(5,332,000	)
	The following table sets forth revenues by category, by segment for the three months ended:
		January 31,			January 31,
		2014			2013
	Lemons	$	20,930,000		$	13,968,000
	Avocados		8,000			7,000
	Navel and Valencia oranges		1,886,000			1,440,000
	Specialty citrus and other crops		1,880,000			883,000
	Agribusiness revenues		24,704,000			16,298,000
	Rental operations		615,000			584,000
	Leased land		490,000			431,000
	Organic recycling and other		29,000			21,000
	Rental operations revenues		1,134,000			1,036,000
	Real estate development revenues		44,000			48,000
	Total revenues	$	25,882,000		$	17,382,000

Subsequent_Events

Subsequent Events	3 Months Ended
	Jan. 31, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	19. Subsequent Events
	The Company has evaluated events subsequent to January 31, 2014 to assess the need for potential recognition or disclosure in this Quarterly Report on Form 10-Q. Based upon this evaluation, except as disclosed in the notes to consolidated financial statements, it was determined that no subsequent events occurred that require recognition or disclosure in the unaudited consolidated financial statements.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policy)	3 Months Ended
	Jan. 31, 2014
Summary of Significant Accounting Policies [Abstract]	'
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	Financial Accounting Standards Board - Accounting Standards Update ("FASB ASU") 2011-05, Comprehensive Income (Topic 220).
	In December 2011, the FASB issued ASU 2011-12, "Comprehensive Income (Topic 220), Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05," to defer the effective date for those aspects of ASU 2011-05 relating to the presentation of reclassification adjustments out of accumulated other comprehensive income.
	In February 2013, the FASB issued ASU 2013-02, "Comprehensive Income (Topic 220), Reporting of Amounts Reclassified out of Accumulated Other Comprehensive Income." The objective of this update is to have companies provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, a company is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under GAAP to be reclassified to net income in its entirety in the same reporting period. The amendments in this update are effective for fiscal years and interim periods within those years beginning after December 15, 2012. The Company's adoption of this update in the first quarter of fiscal year 2014 had no effect on the reported results of operations.

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	3 Months Ended
	Jan. 31, 2014
Fair Value Measurements [Abstract]	'
Schedule of Assets and Liabilities Measured on Recurring Basis	'
		Level 1		Level 2		Level 3		Total
	Assets at fair value:
	Available-for-sale securities	$	15,190,000	$	-	$	-	$	15,190,000
	Liabilities at fair value:
	Derivative	$	-	$	2,020,000	$	-	$	2,020,000

Real_Estate_Development_Assets1

Real Estate Development Assets (Tables)	3 Months Ended
	Jan. 31, 2014
Real Estate Development Assets [Abstract]	'
Schedule of Real Estate Development Assets	'
		January 31,		October 31,
		2014		2013
	East Areas 1 and 2	$	52,181,000	$	51,538,000
	Templeton Santa Barbara, LLC		11,357,000		11,276,000
	Windfall Investors, LLC		20,790,000		20,605,000
		$	84,328,000	$	83,419,000

Other_Assets_Tables

Other Assets (Tables)	3 Months Ended
	Jan. 31, 2014
Other Assets [Abstract]	'
Schedule of Other Assets	'
		January 31,		October 31,
		2014		2013
	Investments in mutual water companies	$	3,708,000	$	3,430,000
	Acquired water and mineral rights		1,536,000		1,536,000
	Deferred lease assets and other		1,482,000		1,522,000
	Revolving funds and memberships		346,000		358,000
	Acquired trade names and trademarks		471,000		476,000
	Goodwill		680,000		680,000
		$	8,223,000	$	8,002,000

LongTerm_Debt_Tables

Long-Term Debt (Tables)	3 Months Ended
	Jan. 31, 2014
Long-Term Debt [Abstract]	'
Schedule of Long-Term Debt	'
		January 31,		October 31,
		2014		2013
	Rabobank revolving credit facility secured by property with a net book value of	$	64,337,000	$	54,380,000
	$12,260,000 at January 31, 2014 and October 31, 2013. The interest rate is variable
	based on the one-month London Interbank Offered Rate (LIBOR), which was 0.17%
	at January 31, 2014, plus 1.80%. Interest is payable monthly and the principal is
	due in full in June 2018.
	Farm Credit West term loan secured by property with a net book value of $11,613,000		5,137,000		5,262,000
	at January 31, 2014 and $11,615,000 at October 31, 2013. The interest rate is variable
	and was 2.75% at January 31, 2014. The loan is payable in quarterly installments
	through November 2022.
	Farm Credit West non-revolving line of credit secured by property with a net book value		492,000		492,000
	of $3,896,000 at January 31, 2014 and $3,890,000 at October 31, 2013. The interest rate
	is variable and was 2.75% at January 31, 2014. Interest is payable monthly and the
	principal is due in full in May 2018.
	Farm Credit West term loan secured by property with a net book value of $20,790,000 at		1,851,000		1,975,000
	January 31, 2014 and $20,605,000 at October 31, 2013. The interest rate is fixed at 3.65%
	until November 2014 and will become variable for the remainder of the loan. The loan
	is payable in monthly installments through October 2035.
	CNH Capital loans secured by property with a net book value of $11,000 at January 31, 2014 and October 31, 2013.  The interest rate is zero and the loans are payable in monthly installments through May and July 2015.		20,000		23,000
	Subtotal		71,837,000		62,132,000
	Less current portion		573,000		569,000
	Total long-term debt, less current portion	$	71,264,000	$	61,563,000

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging Activities (Tables)	3 Months Ended
	Jan. 31, 2014
Derivative Instruments and Hedging Activities [Abstract]	'
Schedule of Derivative Instruments and Hedging Activities	'
		Notional Amount				Fair Value Liability
		January 31,		31-Oct-13		January 31,		31-Oct-13
		2014				2014
	Pay fixed-rate, receive floating-rate forward interest rate swap, beginning July 2013 until June 2018	$	40,000,000		40,000,000	$	2,020,000		2,240,000

Retirement_Plans_Tables

Retirement Plans (Tables)	3 Months Ended
	Jan. 31, 2014
Retirement Plans [Abstract]	'
Schedule of Components of Net Periodic Benefit Cost	'
		2014			2013
	Service cost	$	34,000		$	41,000
	Interest cost		205,000			180,000
	Expected return on plan assets		(268,000	)		(240,000	)
	Recognized actuarial loss		195,000			258,000
	Net periodic benefit cost	$	166,000		$	239,000

Other_LongTerm_Liabilities_Tab

Other Long-Term Liabilities (Tables)	3 Months Ended
	Jan. 31, 2014
Other Long-term Liabilities [Abstract]	'
Schedule of Other Long-term Liabilities	'
		January 31,		October 31,
		2014		2013
	Minimum pension liability	$	2,876,000	$	2,905,000
	Fair value of derivative instrument		1,254,000		1,523,000
	Other		55,000		55,000
		$	4,185,000	$	4,483,000

Stockholders_Equity_Tables

Stockholders' Equity (Tables)	3 Months Ended
	Jan. 31, 2014
Stockholders' Equity [Abstract]	'
Schedule of Stock-Based Compensation Expense by Performance Year	'
				Three Months Ended
				January 31,
	Performance	Shares		2014		2013
	Year	Granted
	2010		62,287	$	-	$	91,000
	2012		34,721		50,000		60,000
	2013		27,091		59,000		75,000
	2014		-		60,000		-
				$	169,000	$	226,000

Segment_Information_Tables

Segment Information (Tables)	3 Months Ended
	Jan. 31, 2014
Segment Information [Abstract]	'
Schedule of Segment Reporting	'
	Segment information for the three months ended January 31, 2014:
		Agribusiness			Rental		Real Estate			Corporate and			Total
					Operations		Development			Other
	Revenues	$	24,704,000		$	1,134,000	$	44,000		$	-		$	25,882,000
	Costs and expenses		22,811,000			626,000		326,000			3,495,000			27,258,000
	Depreciation and amortization		651,000			102,000		18,000			46,000			817,000
	Operating (loss) income	$	1,242,000		$	406,000	$	(300,000	)	$	(3,541,000	)	$	(2,193,000	)
	Segment information for the three months ended January 31, 2013:
		Agribusiness			Rental		Real Estate			Corporate and			Total
					Operations		Development			Other
	Revenues	$	16,298,000		$	1,036,000	$	48,000		$	-		$	17,382,000
	Costs and expenses		18,194,000			530,000		230,000			3,218,000			22,172,000
	Depreciation and amortization		393,000			89,000		13,000			47,000			542,000
	Operating (loss) income	$	(2,289,000	)	$	417,000	$	(195,000	)	$	(3,265,000	)	$	(5,332,000	)
	The following table sets forth revenues by category, by segment for the three months ended:
		January 31,			January 31,
		2014			2013
	Lemons	$	20,930,000		$	13,968,000
	Avocados		8,000			7,000
	Navel and Valencia oranges		1,886,000			1,440,000
	Specialty citrus and other crops		1,880,000			883,000
	Agribusiness revenues		24,704,000			16,298,000
	Rental operations		615,000			584,000
	Leased land		490,000			431,000
	Organic recycling and other		29,000			21,000
	Rental operations revenues		1,134,000			1,036,000
	Real estate development revenues		44,000			48,000
	Total revenues	$	25,882,000		$	17,382,000

Fair_Value_Measurements_Schedu

Fair Value Measurements (Schedule of Assets and Liabilities Measured at Fair Value)(Details) (USD $)	Jan. 31, 2014	Oct. 31, 2013
Liabilities at fair value:	'	'
Derivative instruments	$766,000	$717,000
Fair Value, Measurements, Recurring [Member]	'	'
Assets at fair value:	'	'
Available-for-sale securities	15,190,000	'
Liabilities at fair value:	'	'
Derivative instruments	2,020,000	'
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]	'	'
Assets at fair value:	'	'
Available-for-sale securities	15,190,000	'
Liabilities at fair value:	'	'
Derivative instruments	'	'
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Assets at fair value:	'	'
Available-for-sale securities	'	'
Liabilities at fair value:	'	'
Derivative instruments	2,020,000	'
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]	'	'
Assets at fair value:	'	'
Available-for-sale securities	'	'
Liabilities at fair value:	'	'
Derivative instruments	'	'

Fair_Value_Measurements_Narrat

Fair Value Measurements (Narrative) (Details) (Calavo Growers, Inc. [Member], USD $)	Jan. 31, 2014	Jun. 30, 2005
Calavo Growers, Inc. [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Calavo's common stock, shares owned	500,000	1,000,000
Ownership percentage in Calavo	3.20%	6.90%
Price per share	$30.38	'

Accounts_Receivable_Details

Accounts Receivable (Details) (USD $)	Jan. 31, 2014	Oct. 31, 2013
Accounts Receivable [Abstract]	'	'
Allowance for doubtful accounts receivable	$179,000	$85,000

Concentrations_Details

Concentrations (Details) (USD $)	3 Months Ended
	Jan. 31, 2014
Lemons [Member]	'
Concentration Risk [Line Items]	'
Concentration risk percentage	46.00%
Lemons [Member] | Procured from third-party grower one [Member]	'
Concentration Risk [Line Items]	'
Concentration risk percentage	17.00%
Lemons [Member] | Procured from third-party grower two [Member]	'
Concentration Risk [Line Items]	'
Concentration risk percentage	13.00%
Oranges and Specialty Citrus [Member]	'
Concentration Risk [Line Items]	'
Accounts receivable, net	1,907,000
Sales Revenue, Product Line [Member] | Lemons [Member]	'
Concentration Risk [Line Items]	'
Concentration risk percentage	11.00%

Real_Estate_Development_Schedu

Real Estate Development (Schedule of Real Estate Development Assets) (Details) (USD $)	Jan. 31, 2014	Oct. 31, 2013
Real Estate Properties [Line Items]	'	'
Real estate development assets	$84,328,000	$83,419,000
East Areas 1 and 2 [Member]	'	'
Real Estate Properties [Line Items]	'	'
Real estate development assets	52,181,000	51,538,000
Templeton Santa Barbara, LLC [Member]	'	'
Real Estate Properties [Line Items]	'	'
Real estate development assets	11,357,000	11,276,000
Windfall Investors, LLC [Member]	'	'
Real Estate Properties [Line Items]	'	'
Real estate development assets	$20,790,000	$20,605,000

Real_Estate_Development_Narrat

Real Estate Development (Narrative) (Details) (USD $)	3 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Oct. 31, 2013
Real Estate Properties [Line Items]	'	'	'
Real estate development assets	$84,328,000	'	$83,419,000
Windfall Investors, LLC [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real estate development projects, capitalized costs	185,000	244,000	'
Real estate development projects, net expenses	268,000	175,000	'
Real estate development assets	16,842,000	'	'
East Areas 1 and 2 [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real estate development projects, capitalized costs	643,000	811,000	'
Real estate development projects, net expenses	5,000	2,000	'
Real estate development assets	52,181,000	'	51,538,000
The prorata share percentage of improvement costs required to be paid relating to annexation of real estate property	28.50%	'	'
The maximum improvement costs required to be paid relating to annexation of real estate property	5,000,000	'	'
Improvements study, accrued costs	150,000	'	'
Templeton Santa Barbara, LLC [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real estate development projects, capitalized costs	81,000	275,000	'
Real estate development projects, net expenses	27,000	18,000	'
Real estate development assets	11,357,000	'	11,276,000
Gross sales price of parcel of property	'	'	8,300,000
Escrow deposit	'	'	500,000
Centennial Square [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real estate development projects, carrying value	3,301,000	'	3,220,000
Pacific Crest [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real estate development projects, carrying value	3,370,000	'	3,370,000
Sevilla [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real estate development projects, carrying value	$4,686,000	'	$4,686,000

Investment_in_Calavo_Growers_I1

Investment in Calavo Growers, Inc. (Details) (Calavo Growers, Inc. [Member], USD $)	1 Months Ended	3 Months Ended		12 Months Ended
	Jun. 30, 2005	Jan. 31, 2014	Jan. 31, 2013	Oct. 31, 2013	Oct. 30, 2009
Calavo Growers, Inc. [Member]	'	'	'	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'	'	'	'
Calavo's common stock, shares owned	1,000,000	500,000	'	'	'
Ownership percentage in Calavo	6.90%	3.20%	'	'	'
Cost to acquire Calavo shares	$10,000,000	'	'	'	'
Common stock sold, shares	1,728,570	'	'	'	'
Ownership percentage sold to Calavo	15.10%	'	'	'	'
Common stock sold to Calavo, value	23,450,000	'	'	'	'
Proceeds from stock purchase agreement, net	13,450,000	'	'	'	'
Sale of Calavo stock, number of shares sold	'	'	'	165,000	335,000
Net proceeds from sale of stock in Calavo Growers, Inc.	'	'	'	4,788,000	6,079,000
Gain on sale of stock in Calavo Growers, Inc.	'	'	'	3,138,000	2,729,000
Available-for-sale securities total unrealized holding gains (losses), pre tax	'	345,000	864,000	'	'
Available-for-sale securities total unrealized holding gains (losses), net of tax	'	$208,000	$520,000	'	'

Notes_Receivable_Details

Notes Receivable (Details) (USD $)	Jan. 31, 2014	Oct. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Notes receivable and accrued interest from related parties	$17,000	$17,000

Other_Assets_Details

Other Assets (Details) (USD $)	Jan. 31, 2014	Oct. 31, 2013
Other Assets [Abstract]	'	'
Investments in mutual water companies	$3,708,000	$3,430,000
Acquired water and mineral rights	1,536,000	1,536,000
Deferred lease assets and other	1,482,000	1,522,000
Revolving funds and memberships	346,000	358,000
Acquired trade names and trademarks	471,000	476,000
Goodwill	680,000	680,000
Total other assets	$8,223,000	$8,002,000

LongTerm_Debt_Schedule_of_Long

Long-Term Debt (Schedule of Long-Term Debt) (Details) (USD $)	Jan. 31, 2014	Oct. 31, 2013
Debt Instrument [Line Items]	'	'
Long-term debt	$71,837,000	$62,132,000
Less current portion	573,000	569,000
Total long-term debt, less current portion	71,264,000	61,563,000
Rabobank Revolving Credit Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Long-term debt	64,337,000	54,380,000
Farm Credit West Term Loan One [Member]	'	'
Debt Instrument [Line Items]	'	'
Long-term debt	5,137,000	5,262,000
Farm Credit West Nonrevolving Line Of Credit [Member]	'	'
Debt Instrument [Line Items]	'	'
Long-term debt	492,000	492,000
Farm Credit West Term Loan Two [Member]	'	'
Debt Instrument [Line Items]	'	'
Long-term debt	1,851,000	1,975,000
CNH Capital Loans [Member]	'	'
Debt Instrument [Line Items]	'	'
Long-term debt	$20,000	$23,000

LongTerm_Debt_Parenthetical_De

Long-Term Debt (Parenthetical) (Details) (USD $)	3 Months Ended	12 Months Ended
	Jan. 31, 2014	Oct. 30, 2011	Oct. 31, 2013
Rabobank Revolving Credit Facility [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Property held as collateral, net book value	$12,260,000	'	$12,260,000
LIBOR rate	0.17%	'	'
Spread over LIBOR	1.80%	'	'
Maturity	30-Jun-18	30-Jun-13	'
Farm Credit West Term Loan One [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Property held as collateral, net book value	11,613,000	'	11,615,000
Variable interest rate	2.75%	'	'
Maturity	30-Nov-22	'	'
Farm Credit West Nonrevolving Line Of Credit [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Property held as collateral, net book value	3,896,000	'	3,890,000
Variable interest rate	2.75%	'	'
Maturity	30-May-18	'	'
Farm Credit West Term Loan Two [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Property held as collateral, net book value	20,790,000	'	20,605,000
Fixed interest rate	3.65%	'	'
Fixed interest rate, expiration date	'2014-11	'	'
Maturity	31-Oct-35	'	'
CNH Capital Loans [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Property held as collateral, net book value	$11,000	'	$11,000
Fixed interest rate	0.00%	'	'
Maturity	31-Jul-15	'	'

LongTerm_Debt_Narrative_Detail

Long-Term Debt (Narrative) (Details) (USD $)	3 Months Ended		12 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Oct. 30, 2011
Debt Instrument [Line Items]	'	'	'
Debt issuance costs paid	$68,000	'	'
Rabobank Revolving Credit Facility [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Line of credit facility, borrowing capacity	100,000,000	'	80,000,000
Line of credit facily, borrowing percentage stated as a percentage of collateral pledge	60.00%	'	'
Line of credit facility, borrowing capacity using collateral assumption	89,343,000	'	'
Spread over LIBOR	1.80%	'	'
Debt maturity date	30-Jun-18	'	30-Jun-13
Debt issuance costs paid	68,000	'	'
Interest capitalized	$597,000	$777,000	'

Derivative_Instruments_and_Hed2

Derivative Instruments and Hedging Activities (Details) (Interest Rate Swap [Member], USD $)	3 Months Ended
	Jan. 31, 2014	Oct. 31, 2013
Interest Rate Swap [Member]	'	'
Derivative [Line Items]	'	'
Notional amount	$40,000,000	$40,000,000
Derivative liability fair value	$2,020,000	$2,240,000
Inception	1-Jul-13	'
Maturity	30-Jun-18	'
Fixed interest rate	4.30%	'

RelatedParty_Transactions_Deta

Related-Party Transactions (Details) (USD $)	3 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Oct. 31, 2013
Employee [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Amount sold to related party	$147,000	$120,000	'
Receivable from related party	0	'	0
Mutual Water Companies [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Purchase from related party	587,000	560,000	'
Due to related party	271,000	'	78,000
Cooperative Association [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Purchase from related party	249,000	256,000	'
Due to related party	3,000	'	26,000
Board Of Directors [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Due to related party	0	'	240,000
Board Of Directors [Member] | Lemons [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Amount sold to related party	6,000	22,000	'
Calavo Growers Incorporated [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Dividend income	350,000	432,000	'
Amount sold to related party	69,000	68,000	'
Receivable from related party	0	'	0
Calavo Growers Incorporated [Member] | Avocados [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Amount sold to related party	8,000	7,000	'
Cadiz [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Lease term	'20 years	'	'
Lease expense per acre	200	'	'
Addtional lease expense, percentage of harvest revenue	20.00%	'	'
Cadiz [Member] | Maximum [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Lease expense per acre	1,200	'	'
Colorado River Growers [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Due to related party	16,000	'	194,000
Amount sold to related party	295,000	'	'
Advance payment	2,809,000	'	'
Yuma Mesa Irrigation and Drainage District [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Purchase from related party	10,000	'	'
Due to related party	$0	'	$0

Income_Taxes_Details

Income Taxes (Details)	3 Months Ended
	Jan. 31, 2014
Income Taxes [Abstract]	'
Effective income tax rate	37.00%

Retirement_Plans_Narrative_Det

Retirement Plans (Narrative) (Details) (USD $)	3 Months Ended
	Jan. 31, 2014	Jan. 31, 2013
Retirement Plans [Abstract]	'	'
Defined Benefit Pension Plan, funding contributions	$0	$27,000

Retirement_Plans_Schedule_of_N

Retirement Plans (Schedule of Net Periodic Benefit Cost) (Details) (USD $)	3 Months Ended
	Jan. 31, 2014	Jan. 31, 2013
Retirement Plans [Abstract]	'	'
Service cost	$34,000	$41,000
Interest cost	205,000	180,000
Expected return on plan assets	-268,000	-240,000
Recognized actuarial loss	195,000	258,000
Net periodic pension cost	$166,000	$239,000

Other_LongTerm_Liabilities_Det

Other Long-Term Liabilities (Details) (USD $)	Jan. 31, 2014	Oct. 31, 2013
Other Long-term Liabilities [Abstract]	'	'
Minimum pension liability	$2,876,000	$2,905,000
Fair value of derivative instrument	1,254,000	1,523,000
Other	55,000	55,000
Other long-term liabilities	$4,185,000	$4,483,000

Stockbased_Compensation_Narrat

Stock-based Compensation (Narrative) (Details) (USD $)	3 Months Ended		12 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Oct. 31, 2013	Oct. 30, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Recognized stock-based compensation expense	$169,000	$226,000	'	'
Discontinued Plan [Member]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Number of shares subject to repurchase	7,810	'	'	'
Repurchase obligation	6,000	'	6,000	'
Stock Plan [Member]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Vesting period	'3 years	'	'	'
Stock Plan [Member] | Non-employee directors [Member]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Recognized stock-based compensation expense	303,000	200,000	'	'
Common stock issued, shares	13,587	'	'	'
Stock Plan [Member] | Management [Member]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Total compensation expense	727,000	657,000	'	'
Recognized stock-based compensation expense	'	'	$253,000	$216,000
Unrecognized compensation cost, recognition period	'2 years	'2 years	'	'
Shares withheld in satisfaction of employee tax withholding obligations	6,299	'	'	'
Price per share	$26.82	'	'	'

Stockbased_Compensation_Schedu

Stock-based Compensation (Schedule of Expense by Performance Year) (Details) (USD $)	3 Months Ended
	Jan. 31, 2014	Jan. 31, 2013
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Share-based compensation expense	$169,000	$226,000
2010 [Member]	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Shares granted	62,287	'
Share-based compensation expense	'	91,000
2012 [Member]	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Shares granted	34,721	'
Share-based compensation expense	50,000	60,000
2013 [Member]	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Shares granted	27,091	'
Share-based compensation expense	59,000	75,000
2014 [Member]	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Shares granted	'	'
Share-based compensation expense	$60,000	'

Segment_Information_Schedule_o

Segment Information (Schedule of Segment Information) (Details) (USD $)	3 Months Ended
	Jan. 31, 2014	Jan. 31, 2013
Segment Reporting Information [Line Items]	'	'
Revenues	$25,882,000	$17,382,000
Costs and expenses	27,258,000	22,172,000
Depreciation and amortization	817,000	542,000
Operating (loss) income	-2,193,000	-5,332,000
Agribusiness [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Revenues	24,704,000	16,298,000
Costs and expenses	22,811,000	18,194,000
Depreciation and amortization	651,000	393,000
Operating (loss) income	1,242,000	-2,289,000
Rental Operations [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Revenues	1,134,000	1,036,000
Costs and expenses	626,000	530,000
Depreciation and amortization	102,000	89,000
Operating (loss) income	406,000	417,000
Real Estate Development [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Revenues	44,000	48,000
Costs and expenses	326,000	230,000
Depreciation and amortization	18,000	13,000
Operating (loss) income	-300,000	-195,000
Corporate and Other [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Revenues	'	'
Costs and expenses	3,495,000	3,218,000
Depreciation and amortization	46,000	47,000
Operating (loss) income	($3,541,000)	($3,265,000)

Segment_Information_Schedule_o1

Segment Information (Schedule of Revenues by Category, by Segment) (Details) (USD $)	3 Months Ended
	Jan. 31, 2014	Jan. 31, 2013
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'
Agribusiness revenues	$24,704,000	$16,298,000
Rental operations revenues	1,134,000	1,036,000
Real estate development revenues	44,000	48,000
Total revenues	25,882,000	17,382,000
Lemons [Member]	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'
Agribusiness revenues	20,930,000	13,968,000
Avocados [Member]	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'
Agribusiness revenues	8,000	7,000
Navel and Valencia oranges [Member]	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'
Agribusiness revenues	1,886,000	1,440,000
Specialty citrus and other crops [Member]	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'
Agribusiness revenues	1,880,000	883,000
Rental operations [Member]	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'
Rental operations revenues	615,000	584,000
Leased land [Member]	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'
Rental operations revenues	490,000	431,000
Organic recycling and other [Member]	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'
Rental operations revenues	$29,000	$21,000