Limoneira (LMNR) 10-K14 Jan 192018 FY Annual reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - USD ($) $ in Millions	12 Months Ended
Document And Entity Information - USD ($) $ in Millions	Oct. 31, 2018	Dec. 31, 2018	Apr. 30, 2018
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Oct. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY
Entity Registrant Name	Limoneira CO
Entity Central Index Key	1,342,423
Current Fiscal Year End Date	--10-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Public Float			$ 282
Trading Symbol	LMNR
Entity Common Stock, Shares Outstanding		17,764,801
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Oct. 31, 2018	Oct. 31, 2017
Current assets:
Cash	$ 609	$ 492
Accounts receivable, net	14,116	10,953
Cultural costs	5,413	4,124
Prepaid expenses and other current assets	10,528	6,981
Income taxes receivable	378	570
Total current assets	31,044	23,120
Property, plant and equipment, net	225,681	188,225
Real estate development	107,162	81,082
Equity in investments	18,698	14,061
Investment in Calavo Growers, Inc.	24,250	22,110
Other assets	14,504	10,433
Total Assets	421,339	339,031
Current liabilities:
Accounts payable	6,134	6,311
Growers payable	10,089	8,828
Accrued liabilities	7,724	5,177
Fair value of derivative instrument	0	268
Current portion of long-term debt	3,127	3,030
Total current liabilities	27,074	23,614
Long-term liabilities:
Long-term debt, less current portion	76,966	102,083
Deferred income taxes	25,372	31,415
Other long-term liabilities	3,647	3,920
Sale-leaseback deferral	58,330	30,396
Total liabilities	191,389	191,428
Commitments and contingencies	0	0
Stockholders' equity:
Common Stock – $0.01 par value (39,000,000 shares authorized: 17,647,135 and 14,405,031 shares issued and outstanding at October 31, 2018 and 2017, respectively)	176	144
Additional paid-in capital	159,071	94,294
Retained earnings	50,354	34,692
Accumulated other comprehensive income	8,965	7,076
Noncontrolling interest	574	587
Total stockholders' equity	219,140	136,793
Total Liabilities and Stockholders' Equity	421,339	339,031
Series B Convertible Preferred Stock [Member]
Long-term liabilities:
Convertible Preferred Stock	1,479	1,479
Series B-2 Convertible Preferred Stock [Member]
Long-term liabilities:
Convertible Preferred Stock	9,331	9,331
Series A Preferred Stock [Member]
Stockholders' equity:
Series A Junior Participating Preferred Stock – $0.01 par value (20,000 shares authorized: zero issued or outstanding at October 31, 2018 and 2017)	$ 0	$ 0

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	12 Months Ended
CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Oct. 31, 2018	Oct. 31, 2017
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	39,000,000	39,000,000
Common stock, shares issued (in shares)	17,647,135	14,405,031
Common stock, shares outstanding (in shares)	17,647,135	14,405,031
Series B Convertible Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 100	$ 100
Preferred stock, shares authorized (in shares)	50,000	50,000
Preferred stock, shares issued (in shares)	14,790	14,790
Preferred stock, shares outstanding (in shares)	14,790	14,790
Preferred stock coupon rate (percentage)	8.75%	8.75%
Series B-2 Convertible Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 100	$ 100
Preferred stock, shares authorized (in shares)	10,000	10,000
Preferred stock, shares issued (in shares)	9,300	9,300
Preferred stock, shares outstanding (in shares)	9,300	9,300
Preferred stock coupon rate (percentage)	4.00%	4.00%
Liquidation preference per share (in dollars per share)	$ 1,000	$ 1,000
Series A Junior Participating Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	20,000	20,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Net revenues:
Rental operations	$ 5,048	$ 5,440	$ 5,603
Total net revenues	129,392	121,309	111,789
Costs and expenses:
Rental operations	4,085	3,932	3,617
Impairment of real estate development assets	1,558	120	0
Selling, general and administrative	16,053	13,947	13,319
Total cost and expenses	119,906	109,446	102,601
Operating income	9,486	11,863	9,188
Other income (expense):
Interest expense, net	(1,122)	(1,778)	(1,409)
Equity in earnings of investments	583	49	634
Gain on sale of stock in Calavo Growers, Inc.	4,223	0	3,419
Gain on sale of conservation easement	0	0	995
Other income, net	313	492	498
Total other income (expense)	3,997	(1,237)	4,137
Income before income tax benefit (provision)	13,483	10,626	13,325
Income tax benefit (provision)	6,729	(4,077)	(5,267)
Net income	20,212	6,549	8,058
(Income) loss attributable to noncontrolling interest	(24)	46	0
Net income attributable to Limoneira Company	20,188	6,595	8,058
Preferred dividends	(501)	(560)	(628)
Net income applicable to common stock	$ 19,687	$ 6,035	$ 7,430
Basic net income per common share (in dollars per share)	$ 1.26	$ 0.42	$ 0.52
Diluted net income per common share (in dollars per share)	1.25	0.42	0.52
Dividends per common share (in dollars per share)	$ 0.25	$ 0.22	$ 0.20
Weighted-average common shares outstanding-basic (in shares)	15,581,000	14,315,000	14,168,000
Weighted-average common shares outstanding-diluted (in shares)	16,209,000	14,315,000	14,168,000
Agribusiness [Member]
Net revenues:
Total revenues	$ 124,344	$ 115,869	$ 106,130
Costs and expenses:
Cost and expenses	98,083	91,162	83,604
Real estate development [Member]
Net revenues:
Total revenues	0	0	56
Costs and expenses:
Cost and expenses	$ 127	$ 285	$ 2,061

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 20,212	$ 6,549	$ 8,058
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(1,255)	2	0
Minimum pension liability adjustments, net of tax of $415, $767 and $(443)	1,137	1,175	(688)
Unrealized holding gains on security available for sale, net of tax of $1,956, $1,722 and $1,049	4,809	2,643	1,619
Reclassification of unrealized gain on security sold, net of tax of $(1,160), $0 and $(1,111)	(2,965)	0	(1,719)
Unrealized gains from derivative instruments, net of tax of $79, $330 and $216	163	553	335
Total other comprehensive income (loss), net of tax	1,889	4,373	(453)
Comprehensive income	22,101	10,922	7,605
Comprehensive (income) loss attributable to noncontrolling interest	(13)	46	0
Comprehensive income attributable to Limoneira Company	$ 22,088	$ 10,968	$ 7,605

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Statement of Comprehensive Income [Abstract]
Pension liability adjustments, tax	$ 415	$ 767	$ (443)
Unrealized holding gains on security available-for-sale, tax	1,956	1,722	1,049
Unrealized gain on security sold, tax	(1,160)	0	(1,111)
Unrealized gains from derivative instruments, tax	$ 79	$ 330	$ 216

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY AND TEMPORARY EQUITY - USD ($) $ in Thousands	Total	Series B Preferred Stock [Member]	Series B-2 Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Retained Earnings [Member]Series B Preferred Stock [Member]	Retained Earnings [Member]Series B-2 Preferred Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interest [Member]
Beginning balance at Oct. 31, 2015	$ 121,272			$ 141	$ 90,759	$ 27,216			$ 3,156
Beginning balance, temporary equity at Oct. 31, 2015		$ 2,950	$ 9,331
Beginning balance (in shares) at Oct. 31, 2015				14,135,080
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends - common	(2,834)					(2,834)
Dividends - Series		(256)	(372)				$ (256)	$ (372)
Stock compensation	1,309			$ 1	1,308
Stock compensation (in shares)				49,329
Exchange of common stock	(190)				(190)
Exchange of common stock (in shares)				(12,433)
Conversion of Series B preferred stock (in shares)				6,250
Conversion of Series B preferred stock	50				50
Conversion of Series B preferred stock		(50)
Tax provision of stock grant vesting	(86)				(86)
Net income	8,058					8,058
Other comprehensive income (loss), net of tax	(453)								(453)
Ending balance at Oct. 31, 2016	126,498			$ 142	91,841	31,812			2,703
Ending balance, temporary equity at Oct. 31, 2016		2,900	9,331
Ending balance (in shares) at Oct. 31, 2016				14,178,226
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends - common	(3,155)					(3,155)
Dividends - Series		(188)	(372)				(188)	(372)
Stock compensation	1,328			$ 1	1,327
Stock compensation (in shares)				63,954
Exchange of common stock	(294)				(294)
Exchange of common stock (in shares)				(14,773)
Conversion of Series B preferred stock (in shares)				177,624
Conversion of Series B preferred stock	1,421			$ 1	1,420
Conversion of Series B preferred stock		(1,421)
Noncontrolling interest	633									$ 633
Net income	6,549					6,595				(46)
Other comprehensive income (loss), net of tax	4,373								4,373
Ending balance at Oct. 31, 2017	136,793			$ 144	94,294	34,692			7,076	587
Ending balance, temporary equity at Oct. 31, 2017		1,479	9,331
Ending balance (in shares) at Oct. 31, 2017				14,405,031
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends - common	(4,025)					(4,025)
Dividends - Series		(129)	(372)				$ (129)	$ (372)
Stock compensation	1,368			$ 1	1,367
Stock compensation (in shares)				145,324
Exchange of common stock	(656)				(656)
Exchange of common stock (in shares)				(39,582)
Conversion of Series B preferred stock	$ 0
Issuance of common stock (in shares)	3,136,362
Issuance of common stock	$ 64,097			$ 31	64,066
Noncontrolling interest	(37)									(37)
Net income	20,212					20,188				24
Other comprehensive income (loss), net of tax	1,889								1,889
Ending balance at Oct. 31, 2018	$ 219,140			$ 176	$ 159,071	$ 50,354			$ 8,965	$ 574
Ending balance, temporary equity at Oct. 31, 2018		$ 1,479	$ 9,331
Ending balance (in shares) at Oct. 31, 2018				17,647,135

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Operating activities
Net income	$ 20,212	$ 6,549	$ 8,058
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	7,275	6,467	5,339
Impairment of real estate development assets	1,558	120	0
Loss on disposals of assets	178	300	125
Gain on sales of real estate developments assets	(25)	0	0
Stock compensation expense	1,368	1,328	1,309
Equity in earnings of investments	(583)	(49)	(634)
Cash distributions from equity investments	526	712	642
Deferred income taxes	(7,307)	2,292	6,195
Amortization of deferred financing costs	30	90	49
Accrued interest on note receivable	(192)	(23)	(23)
Gain on sale of stock in Calavo Growers, Inc.	(4,223)	0	(3,419)
Gain on sale of conservation easement	0	0	(995)
Fair value adjustment of contingent consideration	0	0	(300)
Changes in operating assets and liabilities, net of business combinations:
Account receivable, net	(3,235)	(1,557)	(1,880)
Cultural costs	(746)	193	72
Prepaid expenses and other current assets	99	138	78
Income taxes receivable	192	2,240	(2,810)
Other assets	(134)	275	312
Accounts payable and growers payable	707	471	808
Accrued liabilities	2,601	(1,263)	1,249
Other long-term liabilities	96	199	129
Net cash provided by operating activities	18,397	18,482	14,304
Investing activities
Capital expenditures	(13,873)	(12,901)	(16,252)
Purchase of real estate development parcel	(1,444)	0	0
Net proceeds from sales of real estate development assets	1,543	0	0
Proceeds from sale of LLC Interest	0	0	18,000
Agriculture property acquisitions	(13,111)	0	(15,098)
Business combination	(25,000)	(5,706)	0
Net proceeds from sale of stock in Calavo Growers, Inc.	4,721	0	4,019
Net proceeds from sale of conservation easement	0	0	995
Collections of installments on note receivable	200	0	0
Equity investment contributions	(3,500)	(7,450)	(2,890)
Investments in mutual water companies and water rights	(343)	(359)	(296)
Net cash used in investing activities	(50,807)	(26,416)	(11,522)
Financing activities
Borrowings of long-term debt	167,356	181,429	157,423
Repayments of long-term debt	(193,723)	(168,932)	(156,403)
Dividends paid - common	(4,025)	(3,155)	(2,834)
Dividends paid - preferred	(501)	(560)	(628)
Exchange of common stock	(656)	(294)	(190)
Issuance of common stock	64,097	0	0
Payments of deferred financing costs	0	(108)	(65)
Tax provision of stock grant vesting	0	0	(86)
Net cash provided by (used in) financing activities	32,548	8,380	(2,783)
Effect of exchange rate changes on cash	(21)	8	0
Net increase (decrease) in cash	117	454	(1)
Cash at beginning of year	492	38	39
Cash at end of year	609	492	38
Supplemental disclosures of cash flow information
Cash paid during the year for interest (net of amounts capitalized)	1,585	1,641	1,405
Cash paid during the year for income taxes, net of (refunds received)	210	(540)	2,125
Non-cash investing and financing activities:
Unrealized holding gain on Calavo investment	(6,765)	(4,365)	(2,668)
Increase in real estate development and sale-leaseback deferral	27,934	7,047	3,349
Increase in equity in investments and other long-term liabilities	1,080	0	0
Non-cash receipt of note receivable	3,000	0	0
Non-cash reduction of note receivable	79	0	0
Reclassification of real estate development to property, plant and equipment	0	0	26,779
Settlement of lease obligation related to agriculture property acquisition	0	0	(739)
Capital expenditures accrued but not paid at year-end	399	427	594
Accrued equity investment contribution	0	0	325
Accrued interest on note receivable	192	23	23
Accrued Series B-2 Convertible Preferred Stock dividends	0	0	0
Conversion of preferred stock to common stock	0	1,421	50
Non-cash issuance of notes payable	$ 1,435	$ 0	$ 0

CONSOLIDATED STATEMENTS OF CA_2

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical)	Jul. 18, 2018USD ($)	Nov. 30, 2017USD ($)	Jun. 20, 2017USD ($)	Feb. 24, 2017USD ($)
Fruticola San Pablo S.A. [Member]
Conversion of Stock [Line Items]
Total purchase price	$ 13,000,000
Payment to acquire business	$ 13,111,000
Fruticola Pan de Azucar S.A. [Member]
Conversion of Stock [Line Items]
Payment to acquire business				$ 5,706,000
Percentage of stock acquired				90.00%
Rabobank Revolving Credit Facility [Member]
Conversion of Stock [Line Items]
Repayment of debt			$ 68,572,000
Company’s La Campana Ranch [Member]
Conversion of Stock [Line Items]
Notes reduction		$ 79,000

Business

Business	12 Months Ended
Business	Oct. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business	Business Limoneira Company, a Delaware Company (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 food service, 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 the NASDAQ Global Select Market 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, which are then sold and distributed under Calavo brands to its customers.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
Summary of Significant Accounting Policies	Oct. 31, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Principles of Consolidation The 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 consolidated financial statements represent the consolidated balance sheets, statements of operations, statements of comprehensive income, statements of stockholders’ equity and temporary equity and statements of cash flows of Limoneira Company and its wholly owned subsidiaries. The Company’s material subsidiaries include: Limoneira Mercantile, LLC, Windfall Investors, LLC (“Windfall”), Templeton Santa Barbara, LLC, Associated Citrus Packers, Inc. (“Associated”), Limoneira Chile SpA, Limoneira EA 1 Land, LLC, San Pablo and PDA, in which the Company has a 90% ownership interest. All significant intercompany balances and transactions have been eliminated in consolidation. The Company considers the criteria established under the Financial Accounting Standards Board (“FASB”) – Accounting Standards Code (“ASC”) 810, Consolidations, and the effect of variable interest entities, in its consolidation process. Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Accounts Receivable The Company grants credit in the course of its operations to 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 other factors. At October 31, 2018 and 2017 the allowances totaled $563,000 and $577,000 , respectively. For fiscal years 2018 , 2017 and 2016 , credit losses were insignificant. Concentrations The Company sells all of its avocado production to Calavo. Sales of avocados to Calavo were $6,576,000 , $9,522,000 and $10,767,000 in fiscal years 2018 , 2017 and 2016 , respectively. Lemons procured from third-party growers were approximately 45% , 44% and 42% , of lemon supply in fiscal years 2018 , 2017 and 2016 , respectively. One third-party grower was 50% and 43% of grower payable at October 31, 2018 and 2017 , respectively. The Company maintains its cash in federally insured financial institutions. The account balances at these institutions periodically exceed Federal Deposit Insurance Corporation (“FDIC”) insurance coverage and, as a result, there is a concentration of risk related to amounts on deposit in excess of FDIC insurance coverage. Cultural Costs Growing costs, also referred to as cultural costs, consist of orchard maintenance costs such as cultivation, fertilization and soil amendments, pest control, pruning and irrigation. Harvest costs are comprised of labor and equipment expenses incurred to harvest and deliver crops to the packinghouses. 2. Summary of Significant Accounting Policies (continued) Cultural Costs (continued) Lemons, oranges, specialty citrus and other crops such as pistachio nuts are grown in the Company’s San Joaquin Valley orchards. Additionally, lemons are grown in the Company’s Yuma County, Arizona orchards. These crops have distinct growing periods and distinct harvest and selling periods, each of which lasts approximately four to six months. During the growing period, cultural costs are capitalized as they are associated with benefiting and preparing the crops for the harvest and selling period. During the harvest and selling period, harvest costs and cultural costs are expensed when incurred and capitalized cultural costs are amortized as components of agribusiness costs and expenses. The Company grows lemons and avocados in its Ventura County orchards. Due to climate, growing conditions and the types of crops grown, the Ventura County orchards may be harvested and sold on a year-round basis. Accordingly, the Company does not capitalize cultural costs associated with its Ventura County orchards and therefore such costs, as well as harvest costs associated with the Ventura County orchards, are expensed to operations when incurred as components of agribusiness costs and expenses. Most cultural costs, including amortization of capitalized cultural costs, and harvest costs are associated with and charged to specific crops. Certain other costs, such as property taxes, indirect labor including farm supervision and management and irrigation that benefit multiple crops are allocated to crops on a per acre basis. Income Taxes Deferred income tax assets and liabilities are computed annually for differences between the financial statement and income tax bases of assets and liabilities that will result in taxable or deductible amounts in the future. Such deferred income tax asset and liability computations are based on enacted tax laws and rates applicable to periods in which the differences are expected to affect taxable income. A valuation allowance is established, when necessary, to reduce deferred income tax assets to the amount expected to be realized. Tax benefits from an uncertain tax position are only recognized if it is more likely than not that the tax position will be sustained upon examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. Property, Plant and Equipment Property, plant and equipment is stated at original cost, net of accumulated depreciation. Depreciation is computed using the straight-line method at rates based upon the estimated useful lives of the related assets as follows (in years): Land improvements 10 – 30 Buildings and building improvements 10 – 50 Equipment 5 – 20 Orchards 20 – 40 Costs of planting and developing orchards are capitalized until the orchards become commercially productive. Planting costs consist primarily of the costs to purchase and plant nursery stock. Orchard development costs consist primarily of maintenance costs of orchards such as cultivation, pruning, irrigation, labor, spraying and fertilization, and interest costs during the development period. The Company ceases the capitalization of costs and commences depreciation when the orchards become commercially productive and orchard maintenance costs are accounted for as cultural costs as described above. Capitalized Interest Interest is capitalized on real estate development projects and significant construction in progress using the weighted average interest rate during the fiscal year. Interest of $2,407,000 and $2,022,000 was capitalized during the years ended October 31, 2018 and 2017 , respectively, and is included in property, plant, and equipment and real estate development assets in the Company’s consolidated balance sheets. Real Estate Development Costs The Company capitalizes the planning, entitlement, construction, development costs and interest associated with its various real estate projects. Costs that are not capitalized, which include property maintenance and repairs, general and administrative and marketing expenses, are expensed as incurred. A real estate development project is considered substantially complete upon the 2. Summary of Significant Accounting Policies (continued) Real Estate Development Costs (continued) cessation of construction and development activities. Once a project is substantially completed, future costs are expensed as incurred. The Company capitalized costs related to its real estate projects of $32,662,000 and $8,403,000 in fiscal years 2018 and 2017 , respectively. Equity in Investments Investments in unconsolidated joint ventures in which the Company has significant influence but less than a controlling interest, or is not the primary beneficiary if the joint venture is determined to be a Variable Interest Entity (“VIE”), are accounted for under the equity method of accounting and, accordingly, are adjusted for capital contributions, distributions and the Company’s equity in net earnings or loss of the respective joint venture. Marketable Securities The Company classifies its marketable securities as available-for-sale. The Company’s investments in marketable securities are stated at fair value with unrealized gains (losses), net of tax, reported as a component of accumulated other comprehensive income (loss) in the Company’s consolidated statement of comprehensive income. At October 31, 2018 and 2017 , marketable securities are comprised of the Company’s investment in Calavo. Long-Lived Assets The Company evaluates long-lived assets, including its definite-life intangible assets, for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. If the estimated undiscounted future cash flows from the use of an asset are less than the carrying value of that asset, a write-down is recorded to reduce the carrying value of the asset to its fair value. Assets held for sale are carried at the lower of cost or fair value less estimated cost to sell. Intangible Assets Intangible assets consist primarily of acquired water and mineral rights, a patent and certain customer relationships, trade names and trademarks. Certain of the Company’s trade names and trademarks are being amortized on a straight-line basis over their estimated lives of eight years. The Company evaluates its indefinite-life intangible assets annually or whenever events or changes in circumstances indicate an impairment of the assets’ value may exist. Goodwill Goodwill is tested for impairment on an annual basis or when an event or changes in circumstances indicate that its carrying value may not be recoverable. Goodwill impairment is tested at the reporting unit level, which is defined as an operating segment or one level below the operating segment. Goodwill impairment is tested in a two-step process, with the first step performed to determine if there is potential for impairment by comparing the fair value of the reporting unit to its carrying value. If potential impairment is identified as indicated by the carrying value exceeding the fair value of the reporting unit, the second step is performed to measure the amount of impairment to be recognized in the financial statements by comparing the implied fair value of goodwill to its carrying value. If the carrying value of goodwill exceeds its implied fair value, an impairment loss is recognized for the excess amount. Goodwill impairment testing involves significant judgment and estimates. The annual assessment of goodwill impairment was performed as of July 31, 2018 with no impairment noted. Fair Values of Financial Instruments The fair values of financial instruments are based on level-one indicators within the fair value hierarchy or quoted market prices, where available, or are estimated using the present value or other valuation techniques. Estimated fair values are significantly affected by the assumptions used. Accounts receivable, note receivable, accounts payable, growers payable and accrued liabilities reported on the Company’s consolidated balance sheets approximate their fair values due to the short-term nature of the instruments. Based on the borrowing rates currently available to the Company for bank loans with similar terms and maturities, the fair value of long-term debt is approximately equal to its carrying amount as of October 31, 2018 and 2017 . Derivative Financial Instruments The Company uses derivative financial instruments to manage its exposure to interest rates as well as to maintain an appropriate mix of fixed and floating-rate debt. Contract terms of a hedge instrument closely mirror those of the hedged item, providing a high 2. Summary of Significant Accounting Policies (continued) Derivative Financial Instruments (continued) degree of risk reduction and correlation. Contracts that are effective at meeting the risk reduction and correlation criteria are recorded using hedge accounting. If a derivative instrument is a hedge, depending on the nature of the hedge, changes in the fair value of the instrument will be either offset against the change in the fair value of the hedged assets, liabilities or firm commitments through earnings or be recognized in other comprehensive income until the hedged item is recognized in earnings. The ineffective portion of an instrument’s change in fair value will be immediately recognized in earnings. Instruments that do not meet the criteria for hedge accounting, or contracts for which the Company has not elected hedge accounting, are valued at fair value with unrealized gains or losses reported in earnings during the period of change. Comprehensive Income (Loss) Comprehensive income (loss) represents all changes in a company’s net assets, except changes resulting from transactions with shareholders, and is reported as a component of the Company’s stockholders’ equity. Foreign Currency Translation San Pablo and PDA’s functional currency is the Chilean Peso. Their balance sheets are translated to U.S. dollars at exchange rates in effect at the balance sheet date and their income statements are translated at average exchange rates during the reporting period. The resulting foreign currency translation adjustments are recorded as a separate component of accumulated other comprehensive income. Revenue Recognition Revenue and related costs are recognized when (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred, (iii) selling price is fixed or determinable and (iv) collectability is reasonably assured. The Company records a sales allowance in the period revenue is recognized as a provision for estimated customer discounts and concessions. Agribusiness revenue - Revenue from lemon sales is generally recognized FOB shipping point when the customer takes possession of the fruit from the Company’s packinghouse. Revenue from the sales of certain of the Company’s agricultural products is recorded based on estimated proceeds provided by certain of the Company’s sales and marketing partners (Calavo and other third-party packinghouses) due to the time between when the product is delivered by the Company and the closing of the pools for such fruits at the end of each month. Calavo and other third-party packinghouses are agricultural cooperatives or function in a similar manner as an agricultural cooperative. As such, the Company applies specific authoritative agriculture revenue recognition guidance related to transactions between patrons and agriculture marketing cooperatives to record revenue at time of delivery to the packinghouses relating to fruits that are in pools that have not yet closed at month end if: (a) the related fruits have been delivered to and accepted by Calavo and other third-party packinghouses (i.e., title has transferred to Calavo and other third-party packinghouses) and (b) sales price information has been provided by Calavo and other third-party packinghouses (based on the marketplace activity for the related fruit) to estimate with reasonable certainty the final selling price for the fruit upon the closing of the pools. Historically, the revenue that is recorded based on the sales price information provided to the Company by Calavo and other third-party packinghouses at the time of delivery, have not materially differed from the actual amounts that are paid after the monthly pools are closed. The Company also earns commissions on certain brokered fruit sales, which totaled $1,084,000 , $324,000 and $263,000 in fiscal years 2018 , 2017 and 2016 , respectively. The Company’s avocados, oranges, specialty citrus and other specialty crops are packed and sold by Calavo and other third-party packinghouses. The Company delivers all of its avocado production from its orchards to Calavo. These avocados are then packed by Calavo at its packinghouse, and sold and distributed under Calavo brands to its customers primarily in the United States and Canada. The Company’s arrangements with other third-party packinghouses related to its oranges, specialty citrus and other specialty crops are similar to its arrangement with Calavo. The Company’s arrangements with its third-party packinghouses are such that the Company is the producer and supplier of the product and the third-party packinghouses are the Company’s customers. The revenues the Company recognizes related to the fruits sold to the third-party packinghouses are based on the volume and quality of the fruits delivered, the market price for such fruit, less the packinghouses’ charges to pack and market the fruit. Such packinghouse charges include the grading, sizing, packing, cooling, ripening and marketing of the related fruit. The Company bears inventory risk until product is delivered to the third-party packinghouses at which time title and inventory risk to the product is transferred to the third-party packinghouses and revenue is recognized. Such third-party packinghouse charges are recorded as a reduction of revenue based on the application of specific authoritative revenue recognition guidance entitled “Vendor’s Income Statement Characterization of Consideration Given to a 2. Summary of Significant Accounting Policies (continued) Revenue Recognition (continued) Customer”. The identifiable benefit the Company receives from the third-party packinghouses for packaging and marketing services cannot be sufficiently separated from the third-party packinghouses’ purchase of the Company’s products. In addition, the Company is not able to reasonably estimate the fair value of the benefit received from the third-party packinghouses for such services and as such, these costs are characterized as a reduction of revenue in the Company’s consolidated statements of operations. Revenue from crop insurance proceeds is recorded when the amount of and the right to receive the payment can be reasonably determined. The Company recorded agribusiness revenues from crop insurance proceeds of $54,000 , $74,000 and $83,000 in fiscal years 2018 , 2017 and 2016 , respectively. Rental operations revenue - Minimum rental revenues are generally recognized on a straight-line basis over the respective initial lease term. Contingent rental revenues are contractually defined as to the percentage of rent received by the Company and are based on fees collected by the lessee. Such revenues are recognized when actual results, based on collected fees reported by the tenant, are received. The Company’s rental arrangements generally require payment on a monthly or quarterly basis. Real estate development revenue - The Company recognizes revenue on real estate development projects in accordance with FASB ASC 360-20, Real Estate Sales , which provides for profit to be recognized in full when real estate is sold provided that, a sale has been consummated and profit is determinable, collection of sales proceeds is estimable with the seller’s receivable not subject to subordination, risks and rewards of ownership have been transferred to the buyer and the earnings process is substantially complete with no significant seller activities or obligations required after the date of sale. To the extent the above conditions are not met, a portion or all of the profit is deferred. Incidental operations may occur during the holding or development period of real estate development projects to reduce holding or development costs. Incremental revenue from incidental operations in excess of incremental costs from incidental operations is accounted for as a reduction of development costs. Incremental costs from incidental operations in excess of incremental revenue from incidental operations are charged to operations. Advertising Expense Advertising costs are expensed as incurred. Such costs in fiscal years 2018 , 2017 and 2016 were $107,000 , $173,000 and $264,000 , respectively. Leases The Company records rent expense for its operating leases on a straight-line basis from the lease commencement date as defined in the lease agreement until the end of the base lease term. Basic and Diluted Net Income per Share Basic net income per common share is calculated using the weighted-average number of common shares outstanding during the period without consideration of the dilutive effect of preferred stock. Diluted net income per common share is calculated using the weighted-average number of common shares outstanding plus the dilutive effect of conversion of preferred stock. The Series B and Series B-2 convertible preferred shares were dilutive for fiscal year ended October 31, 2018 and anti-dilutive for fiscal years ended October 31, 2017 and 2016 , respectively. Unvested stock-based compensation awards that contain non-forfeitable rights to dividends as participating shares are included in computing earnings per share using the two-class method. The Company’s unvested, restricted stock awards qualify as participating shares. Defined Benefit Retirement Plan The Company sponsors a defined benefit retirement plan that was frozen in June 2004, and no future benefits have been accrued to participants subsequent to that time. Ongoing accounting for this plan under FASB ASC 715, Compensation – Retirement Benefits, provides guidance as to, among other things, future estimated pension expense, pension liability and minimum funding requirements. This information is provided to the Company by third-party actuarial consultants. In developing this data, certain estimates and assumptions are used, including among other things, discount rate, long-term rate of return and mortality tables. 2. Summary of Significant Accounting Policies (continued) Defined Benefit Retirement Plan (continued) During 2018, the Society of Actuaries (SOA) released a new mortality improvement scale table, referred to as MP-2018, which is believed to better reflect mortality improvements and is to be used in calculating defined benefit pension obligations. In addition, during fiscal year 2018 , the assumed discount rate to measure the pension obligation increased to 4.4% . The Company used the latest mortality tables released by the SOA through October 2018 to measure its pension obligation as of October 31, 2018 and combined with the assumed discount rate and other demographic assumptions, its pension liability decreased by approximately $1,454,000 as of October 31, 2018 . Further changes in any of these estimates could materially affect the amounts recorded that are related to our defined benefit retirement plan. Recent Accounting Pronouncements FASB ASU 2014-09, Revenue from Contracts with Customers (Topic 606). In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 606).” This ASU affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards (e.g., insurance contracts or lease contracts). This ASU will supersede the revenue recognition requirements in Topic 605, Revenue Recognition, and most industry-specific guidance. This ASU also supersedes some cost guidance included in Subtopic 605-35, Revenue Recognition – Construction-Type and Production-Type Contracts. In addition, the existing requirements for the recognition of a gain or loss on the transfer of nonfinancial assets that are not in a contract with a customer (e.g., assets within the scope of Topic 360, Property, Plant, and Equipment, and tangible assets within the scope of Topic 350, Intangibles – Goodwill and Other) are amended to be consistent with the guidance on recognition and measurement (including the constraint on revenue) in this ASU. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps: • Identify the contract(s) with a customer. • Identify the performance obligations in the contract. • Determine the transaction price. • Allocate the transaction price to the performance obligations in the contract. • Recognize revenue when (or as) the entity satisfies a performance obligation. In March 2016, the FASB issued ASU 2016-08 (ASU 2016-08), Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net). ASU 2016-08 clarifies the implementation guidance on principal versus agent considerations. In April 2016, the FASB issued ASU 2016-10 (ASU 2016-10), Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing. ASU 2016-10 clarifies the implementation guidance on identifying performance obligations. These ASUs apply to all companies that enter into contracts with customers to transfer goods or services. In May 2016, the FASB issued, ASU 2016-12 (ASU 2016-12), Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients. ASU 2016-12 provides clarifying guidance in certain narrow areas and adds some practical expedients. The two permitted transition methods under the new standard are the full retrospective method, in which case the standard would be applied to each prior reporting period presented and the cumulative effect of applying the standard would be recognized at the earliest period shown, or the modified retrospective method, in which case the cumulative effect of applying the standard would be recognized at the date of initial application. The Company will adopt the standard in the first quarter of its fiscal year ending October 31, 2019 and anticipates using the modified retrospective method. The Company has inventoried and evaluated its current revenue streams and related contracts with customers in order to identify material differences, if any, that would result from applying the new requirements to its revenue contracts. Furthermore, the Company has evaluated the principal versus agent considerations as it relates to certain agreements with third parties and has determined that there will be an impact to the presentation of gross or net revenue reporting. The Company continues to evaluate the effect this ASU will have on its consolidated financial statements, however we do not expect the standard to have a material impact on our net consolidated results of operations or financial position and related disclosures. 2. Summary of Significant Accounting Policies (continued) FASB ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory The amendments in this ASU do not apply to inventory that is measured using last-in, first-out (“LIFO”) or the retail inventory method. The amendments apply to all other inventory, which includes inventory that is measured using first-in, first-out (“FIFO”) or average cost. An entity should measure in scope inventory at the lower of cost or net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is unchanged for inventory measured using LIFO or the retail inventory method. The Company’s adoption of this ASU had no impact on its consolidated financial statements. FASB ASU 2016-01, Financial Instruments Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities The amendments in ASU 2016-01, among other things, require equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. Requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. Requires separate presentation of financial assets and financial liabilities by measurement category and form of financial assets (i.e., securities or loans and receivables). Eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate fair value that is required to be disclosed for financial instruments measured at amortized cost. ASU 2016-01 is effective for public companies for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption is permitted. The Company is evaluating the effect this ASU may have on its consolidated financial statements, but believes the impact could be significant as the changes in the fair value of Calavo common stock will be recorded in the statement of operations. FASB ASU 2016-02, Leases (Topic 842) Under the new guidance, lessees will be required to recognize the following for all leases (with the exception of short-term leases) at the commencement date: • A lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis; and • A right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. Under the new guidance, lessor accounting is largely unchanged. Certain targeted improvements were made to align, where necessary, lessor accounting with the lessee accounting model and Topic 606, Revenue from Contracts with Customers. The new lease guidance simplified the accounting for sale and leaseback transactions primarily because lessees must recognize lease assets and lease liabilities. Lessees will no longer be provided with a source of off-balance sheet financing. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early application is permitted. Lessees (for capital and operating leases) and lessors (for sales-type, direct financing, and operating leases) must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The modified retrospective approach would not require any transition accounting for leases that expired before the earliest comparative period presented. Lessees and lessors may not apply a full retrospective transition approach. The ASU will be effective for the Company beginning in the first quarter of its fiscal year ending October 31, 2020. The Company is evaluating the effect this ASU may have on its consolidated financial statements, however it expects to apply the practical expedients provided in the ASU. Note 20 – Commitments and Contingencies – of the notes to consolidated financial statements included in this Annual Report describes its operating lease arrangements as of October 31, 2018 . FASB ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business This amendment clarifies the definition of a business. The amendment affects all companies and other reporting organizations that must determine whether they have acquired or sold a business. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. The amendment is intended to help companies and other organizations evaluate whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. 2. Summary of Significant Accounting Policies (continued) This amendment is effective for public companies for annual periods beginning after December 15, 2017, including interim periods within those periods. For all other companies and organizations, the amendment is effective for annual periods beginning after December 15, 2018, and interim periods within annual periods beginning after December 15, 2019. The amendment should be applied prospectively as of the beginning of the period of adoption. The Company early adopted this ASU during the quarter ended July 31, 2018 and as a result, the purchase of San Pablo was accounted for as an acquisition of assets. FAS

Acquisitions

Acquisitions	12 Months Ended
Acquisitions	Oct. 31, 2018
Business Combinations [Abstract]
Acquisitions	Acquisitions Agriculture Property Acquisition San Pablo On July 18, 2018, the Company completed the acquisition of San Pablo ranch and related assets in La Serena, Chile, for $13,000,000 . The San Pablo ranch consists of 3,317 acres on two parcels, including 247 acres producing lemons, 61 acres producing oranges, the opportunity to immediately plant 120 acres for lemon production, as well as the potential for approximately 500 acres of avocado production. This acquisition was accounted for as an asset purchase and is included in property, plant and equipment in the Company’s consolidated balance sheet at October 31, 2018. In addition, transaction costs of $111,000 were capitalized as part of total acquisition costs. Below is a summary of the fair value of the net assets acquired on the acquisition date based on a third-party valuation, which is considered a Level 3 fair value measurement under FASB ASC 820, Fair Value Measurements and Disclosures (in thousands): Cultural costs $ 579 Land and land improvements 9,114 Buildings and equipment 207 Orchards 2,058 Water rights 1,153 Total assets acquired $ 13,111 Revenue of $552,000 and net loss of $202,000 of San Pablo are included in the Company’s consolidated statement of operations from the acquisition date to the period ended October 31, 2018. The unaudited, pro forma consolidated statement of operations as if San Pablo had been included in the consolidated results of the Company for the years ended October 31, 2018 and 2017 results in revenue of $130,262,000 and $122,283,000 , respectively and net income of $18,784,577 and $5,862,000 , respectively. Business Combinations Oxnard Lemon On July 24, 2018, the Company and Oxnard Lemon Associates, Ltd., a California limited partnership (“Seller”), entered into an Asset Purchase Agreement (the “Purchase Agreement”). Pursuant to the Purchase Agreement, on July 26, 2018 (the “Initial Closing Date”), the Company acquired certain “hard assets” of Seller, including a packinghouse and related land (“Oxnard Lemon”), for a purchase price of $24,750,000 (the “Initial Acquisition”). Pursuant to the Purchase Agreement, the closing on the purchase and sale of the “soft assets” of Seller, including Seller’s trade names, trademarks and copyrights, took place on October 31, 2018 (the “Final Closing Date”), at which point an additional $250,000 in purchase price was paid to Seller by the Company. The aggregate purchase price for the tangible assets and the intangible assets provided in the Purchase Agreement is $25,000,000 . Additionally, the Purchase Agreement provides that Seller lease back the tangible assets from the Company until the Final Closing Date, pursuant to a lease executed on the Initial Closing Date. Transaction costs of $142,000 are included in selling, general and administrative expense. Below is a summary of the fair value of the net assets acquired on the acquisition date based on a third-party valuation, which is considered a Level 3 fair value measurement under FASB ASC 820, Fair Value Measurements and Disclosures (in thousands): 3. Acquisitions Business Combinations (continued) Land and land improvements $ 7,294 Buildings and equipment 14,866 Customer relationships and trade names 2,270 Goodwill 570 Total assets acquired $ 25,000 Revenue of $120,000 and net loss of $139,000 of Oxnard Lemon are included in the Company’s consolidated statement of operations from the acquisition date to the period ended October 31, 2018. The unaudited, pro forma consolidated statement of operations as if Oxnard Lemon had been included in the consolidated results of the Company for the years ended October 31, 2018 and 2017 results in revenue of $142,253,000 and $143,399,000 , respectively and net income of $19,728,000 and $7,474,000 , respectively. PDA On February 24, 2017 (the “Acquisition Date”), the Company completed the acquisition of 90% of the outstanding stock of PDA, a privately-owned Chilean corporation, for $5,800,000 in cash (the “Acquisition”). PDA also had approximately $1,700,000 in long-term debt on the Acquisition Date, which was assumed by the Company in the Acquisition. A holdback of 10% of the purchase proceeds to be paid to the seller was withheld for a six -month period to allow for potential contingencies as defined in the purchase agreement. PDA is a 200 -acre lemon and orange orchard located near La Serena, Chile. PDA’s total assets of $9,451,000 on the Acquisition Date included a 13% equity interest in Rosales S.A. (“Rosales”) in which the Company owns a 35% equity investment. After the Acquisition, the Company owns 47% of Rosales and PDA’s 10% stockholder owns the remaining 53% of Rosales. Rosales packs and sells all of PDA’s citrus production. PDA had approximately $450,000 of net income on approximately $1,900,000 in sales for the year ended December 31, 2016. Transactions costs incurred in connection with the Acquisition in 2017 were approximately $57,000 , which are included in selling, general and administrative expense. In August 2017, a third-party valuation of the fair value of the net assets was finalized, which resulted in a $193,000 increase in the investment in Rosales with a corresponding decrease in goodwill and increase in deferred income taxes. Additionally, a $94,000 reduction in the purchase price was agreed upon per the terms of the purchase agreement with corresponding decreases in goodwill and noncontrolling interest. The Company received the $94,000 in August 2017. Below is a summary of the fair value of the net assets acquired on the Acquisition Date based on the third-party valuation, which is considered a Level 3 fair value measurement under FASB ASC 820, Fair Value Measurements and Disclosures (in thousands): Cultural costs $ 473 Other current assets 166 Land and land improvements 2,748 Buildings and equipment 206 Orchards 2,876 Investment in Rosales 1,021 Water rights 1,120 Deposit for land purchase 645 Goodwill 196 Total assets acquired 9,451 Current liabilities (122 ) Current and long-term debt (1,964 ) Deferred income taxes (1,026 ) Noncontrolling interest (633 ) Net cash paid $ 5,706 3. Acquisitions Business Combinations (continued) Revenue of $1,059,000 and net loss of $415,000 of PDA are included in the Company’s consolidated statement of operations from the Acquisition Date to the period ended October 31, 2017. The unaudited, pro forma consolidated statement of operations as if PDA had been included in the consolidated results of the Company for the years ended October 31, 2017 and 2016 results in revenues of $121,920,000 and $113,678,000 , respectively, and net income of $6,654,000 and $8,586,000 , respectively.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
Fair Value Measurements	Oct. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Under the FASB ASC 820, Fair Value Measurements 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 October 31, 2018 and 2017 that are measured on a recurring basis during the period, segregated by level within the fair value hierarchy (in thousands): 2018 Level 1 Level 2 Level 3 Total Assets at fair value: Available-for-sale securities $ 24,250 $ — $ — $ 24,250 2017 Level 1 Level 2 Level 3 Total Assets at fair value: Available-for-sale securities $ 22,110 $ — $ — $ 22,110 Liabilities at fair value: Derivative $ — $ 268 $ — $ 268 Available-for-sale securities consist of marketable securities in Calavo common stock. At October 31, 2018 and 2017 , the Company owned 250,000 and 300,000 , respectively, shares representing approximately 1.4% and 1.7% of Calavo’s outstanding common stock. These securities are measured at fair value by quoted market prices. Calavo’s stock price at October 31, 2018 and 2017 was $97.00 and $73.70 per share, respectively.The derivative consisted of an interest rate swap, the fair value of which was estimated using industry-standard valuation models. The derivative expired in June 2018.

Prepaid Expenses and Other Curr

Prepaid Expenses and Other Current Assets	12 Months Ended
Prepaid Expenses and Other Current Assets	Oct. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expenses And Other Current Assets	Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets consist of the following at October 31 (in thousands): 2018 2017 Prepaid insurance $ 647 $ 609 Prepaid supplies 1,196 806 Lemon supplier advances 170 271 Note receivable 2,797 — Deferred lease expense and other 694 958 Real estate development held for sale 5,024 4,337 $ 10,528 $ 6,981

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
Property, Plant and Equipment	Oct. 31, 2018
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment consist of the following at October 31 (in thousands): 2018 2017 Land $ 93,245 $ 78,856 Land improvements 30,134 26,289 Buildings and building improvements 49,814 38,955 Equipment 54,854 47,223 Orchards 44,337 38,460 Construction in progress 20,709 18,867 293,093 248,650 Less accumulated depreciation (67,412 ) (60,425 ) $ 225,681 $ 188,225 Depreciation expense was $7,178,000 , $6,370,000 and $5,243,000 for fiscal years 2018 , 2017 and 2016 , respectively.

Real Estate Development

Real Estate Development	12 Months Ended
Real Estate Development	Oct. 31, 2018
Real Estate [Abstract]
Real Estate Development	Real Estate Development Real estate development assets are comprised primarily of land and land development costs and consist of the following at October 31 (in thousands): 2018 2017 East Areas I and II $ 107,162 $ 74,500 Templeton Santa Barbara, LLC — 6,582 $ 107,162 $ 81,082 East Areas I and II In fiscal year 2005, the Company began capitalizing the costs of two real estate development projects east of Santa Paula, California, for the development of 550 acres of land into residential units, commercial buildings and civic facilities. During fiscal years 2018 and 2017 , the Company capitalized $32,662,000 and $8,403,000 , respectively, of costs related to these real estate development projects. Additionally, in relation to these projects, the Company incurred expenses of $23,000 , $113,000 and $1,161,000 in fiscal years 2018 , 2017 and 2016 , respectively. On November 10, 2015 (the “Transaction Date”), the Company entered into a joint venture with The Lewis Group of Companies (“Lewis”) for the residential development of its East Area I real estate development project. To consummate the transaction, the Company formed Limoneira Lewis Community Builders, LLC (the “LLC” or “Joint Venture”) as the development entity, contributed its East Area I property to the LLC and sold a 50% interest in the LLC to Lewis for $20,000,000 , comprised of a $2,000,000 deposit received in September 2015 and $18,000,000 received on the Transaction Date. The Company received net cash of approximately $18,800,000 after transaction costs of approximately $1,200,000 , which were expensed in the first quarter of fiscal year 2016. In addition, on the Transaction Date, the Company incurred a Success Fee with Parkstone Companies, Inc., in the amount of $2,100,000 , which was paid on January 28, 2016 and capitalized as a component of the Company’s investment in the East Area I property. On the Transaction Date, the LLC and Lewis also entered into a limited liability company agreement (the “LLC Agreement”) providing for the admittance of Lewis as a 50% member of the Joint Venture. The LLC Agreement provides that Lewis will serve as the manager of the Joint Venture with the right to manage, control, and conduct its day-to-day business and development activities. Certain major decisions, which are enumerated in the LLC Agreement, require approval by an executive committee comprised of two representatives appointed by Lewis and two representatives appointed by the Company. Pursuant to the LLC Agreement, the Joint Venture will own, develop, subdivide, entitle, maintain, improve, hold for investment, market and dispose of the Joint Venture’s property in accordance with the business plan and budget approved by the executive committee. 7. Real Estate Development (continued) East Areas I and II (continued) Further, on the Transaction Date, the Joint Venture and the Company entered into a Lease Agreement (the "Lease Agreement"), pursuant to which the Joint Venture leased certain of the contributed East Area I property back to the Company for continuation of agricultural operations, and certain other permitted uses, on the property until the Joint Venture requires the property for development. The Lease terminates in stages corresponding to the Joint Venture's development of the property, which is to occur in stages pursuant to a phased master development plan. In any event, the Lease will terminate five years from the Transaction Date. The Company and the Joint Venture also entered into a Retained Property Development Agreement on the Transaction Date (the "Retained Property Agreement"). Under the terms of the Retained Property Agreement, the Joint Venture will transfer certain contributed East Area I property, which is entitled for commercial development, back to the Company (the "Retained Property") and arrange for the design and construction of certain improvements to the Retained Property, subject to certain reimbursements by the Company. In August 2018, the Retained Property was transferred back to the Company. The Company’s sale of an interest in the LLC in which the Company’s contributed property comprises the LLC’s primary asset, combined with the Lease Agreement is considered a sale-leaseback transaction under FASB ASC 840, Leases, because of the Company’s continuing involvement in the property in the form of its agricultural operations. Accordingly, the property continues to be carried on the consolidated balance sheet as real estate development, rather than being classified as an equity investment and a sale-leaseback deferral has been recorded for the $20,000,000 payment made by Lewis for the purchase of the LLC interest. Lease expense associated with the Lease Agreement is not required under sale-leaseback accounting since the Company is treated as though it continues to own the property. During the year ended October 31, 2018 and 2017 , the Company recorded $27,934,000 and $7,047,000 , respectively, of real estate development costs and corresponding increases in the sale-leaseback deferral to recognize real estate development costs capitalized by the LLC. There are no repayment requirements for the sale-leaseback deferral and as the Lease Agreement is terminated in connection with the staged development of the property, a corresponding amount of real estate development and the sale-leaseback deferral will be adjusted to equity investments on the consolidated balance sheet. In December 2018, the Company terminated the lease per the terms of the lease agreement. In connection with the LLC Agreement, the Company was reimbursed $250,000 by the Joint Venture in January 2018 for Initial Public Safety Facility Payments made to the City of Santa Paula in October 2015. This amount was included in prepaid expenses and other current assets in the consolidated balance sheets as of October 31, 2017. Additionally, the Company leases office space to Lewis and received rental income of $16,000 , $16,000 and $12,000 for the years ended October 31, 2018 , 2017 and 2016 , respectively. The Company determined the Joint Venture to be a Variable Interest Entity (“VIE”) under ASC 810, Consolidation, because the Joint Venture will require additional subordinated financial support to finance its operations. The Company further determined that it is not the primary beneficiary of the VIE, as the Company and Lewis have joint control over all significant decisions affecting the Joint Venture's economic performance. Accordingly, contributions made by the Company to the LLC, the Company’s proportionate share of Joint Venture’s results of operations and distributions received by the Company from the LLC will be accounted for under the equity method. The Company made contributions of $3,500,000 and $7,450,000 for the years ended October 31, 2018 and 2017 , respectively, and an additional $4,000,000 in December 2018. In January 2018, the Joint Venture entered into a $45,000,000 unsecured Line of Credit Loan Agreement and Promissory Note (the “Loan”) with Bank of America, N.A. to fund early development activities. The Loan matures in January 2020, with an option to extend the maturity date until 2021, subject to certain conditions. The interest rate on the Loan is LIBOR plus 2.85% , payable monthly. The Loan contains certain customary default provisions and the Joint Venture may prepay any amounts outstanding under the Loan without penalty. In February 2018, the obligations under the Loan were guaranteed by certain principals from Lewis and by the Company. The guarantee shall continue in effect until all of the Loan obligations are fully paid and the guarantors are jointly and severally liable for all Loan obligations in the event of default by the Joint Venture. The Joint Venture recorded the Loan balance of $36,243,000 as of October 31, 2018. The $1,080,000 estimated value of the guarantee was recorded in the Company’s consolidated balance sheets and is included in other long-term liabilities with a corresponding increase in equity in investments. The Company has elected to reduce the guarantee liability upon expiration or settlement of the guarantee. Additionally, a Reimbursement Agreement was executed between the Lewis guarantors and the Company which provides for unpaid liabilities of the Joint Venture to be shared pro-rata by the Lewis guarantors and the Company in proportion to their percentage interest in the Joint Venture. 7. Real Estate Development (continued) East Areas I and II (continued) In connection with facilitating the annexation of the East Area I property 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. No cost reimbursements have been incurred to date in relation to the Cost Sharing Agreement. In February 2013, the Company entered into an option agreement for the purchase of a 7 -acre parcel adjacent to its East Area II real estate development project. The Company made a $75,000 initial option payment in 2013 and four additional annual option payments of $50,000 each from 2014 to 2017. In February 2018, the Company exercised its option and purchased the property for $3,145,000 , by making a cash payment of $1,444,000 and issuing a note payable for $1,435,000 . The $275,000 of option payments were applied to the purchase price and the Company incurred $9,000 of transaction costs. The note payable is due in five years, with interest-only, monthly payments at interest rates ranging from 5.0% to 7.0% . Templeton Santa Barbara, LLC The 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 Pacific Crest and Sevilla as of October 31, 2018 were $2,481,000 and $2,543,000 , respectively. The net carrying values of Centennial, Pacific Crest and Sevilla, as of October 31, 2017 were $2,983,000 , $3,250,000 and $4,686,000 , respectively. These projects were idle during 2018 and 2017 and, as such, no costs were capitalized. In relation to these projects, the Company incurred expenses of $104,000 , $172,000 and $174,000 in fiscal years 2018 , 2017 and 2016 , respectively. Additionally, the Company recognized impairment charges of $769,000 and $789,000 related to Pacific Crest and Sevilla, respectively, in fiscal year 2018 and an impairment charge of $120,000 related to Pacific Crest in fiscal year 2017. In March 2017, the Company began negotiations to sell its Centennial property for $3,200,000 . This transaction was cancelled in October 2017 because the buyer was unsuccessful in arranging financing and the Company recognized $100,000 of other income from the non-refundable deposit. In October 2017, the Company entered an agreement with another buyer to sell Centennial for $3,250,000 . This transaction closed in December 2017 with the Company receiving net proceeds of $179,000 and receiving a $3,000,000 promissory note secured by the property for the balance of the purchase price. After transaction costs, the sale resulted in a gain of $194,000 , to be recognized under the installment method, with $15,000 recognized fiscal year ended October 31, 2018 and $179,000 deferred until repayment of the promissory note. The promissory note was originally scheduled to mature in June 2018 but provided for three potential extensions to December 2019. In fiscal year 2018, per the terms of the promissory note, the holder of the note made two non-refundable $100,000 payments to the Company, extending the due date to December 30, 2018. In November 2018, the holder of the note made a non-refundable $100,000 payment, extending the due date to December 15, 2019. Interest income related to this note was $172,000 in fiscal year 2018. In August 2017, the Company entered an agreement to sell the commercial portion of its Sevilla project for $1,452,000 . This transaction closed in November 2017 with the Company receiving net proceeds of $1,364,000 . The Company recognized a gain of $10,000 after transaction costs. In October 2018, the Company began negotiations to sell its Pacific Crest and Sevilla properties for a combined total price of $5,200,000 . As a result, the Company recorded impairment charges on Pacific Crest and Sevilla of $769,000 and $789,000 , respectively. As of the date of this filing, these transactions are still in negotiations. At October 31, 2018, the $2,481,000 carrying value of Pacific Crest and the $2,543,000 carrying value of Sevilla were classified as held for sale and included in prepaid expenses and other current assets. At October 31, 2017, the $2,983,000 carrying value of Centennial and the $1,354,000 carrying value of the commercial portion of Sevilla were classified as held for sale and included in prepaid expenses and other current assets. Additionally, at October 31, 2017, the $3,250,000 carrying value of Pacific Crest and the $3,332,000 carrying value of the residential portion of Sevilla were classified as real estate development.

Equity Investments

Equity Investments	12 Months Ended
Equity Investments	Oct. 31, 2018
Equity Method Investments and Joint Ventures [Abstract]
Equity Investments	Equity Investments Limco Del Mar, Ltd. The Company has a 1.3% interest in Limco Del Mar, Ltd. (“Del Mar”) as a general partner and a 26.8% interest as a limited partner. In October 2016, the Company purchased 14,468 units of Del Mar for $940,000 , increasing our prior-year 22.1% interest as a limited partner. The Company paid $615,000 in October 2016 and $325,000 in November 2016 for these additional units. Based on the terms of the partnership agreement, the Company may be removed as general partner without cause from the partnership upon the vote of the limited partners owning an aggregate of 50% or more interest in the partnership. Since the Company has significant influence, but less than a controlling interest, the Company’s investment in Del Mar is accounted for using the equity method of accounting. The Company provides Del Mar with farm management, orchard land development and accounting services and received expense reimbursements of $163,000 , $146,000 and $146,000 in fiscal years 2018 , 2017 and 2016 , respectively. Del Mar markets lemons through the Company pursuant to its customary marketing agreements and the amount of lemons procured from Del Mar was $2,361,000 , $2,271,000 and $2,002,000 in fiscal years 2018 , 2017 and 2016 , respectively. Fruit proceeds due to Del Mar were $709,000 and $912,000 at October 31, 2018 and 2017 , respectively, and are included in grower’s payable in the accompanying consolidated balance sheets. Romney Property Partnership In May 2007, the Company and an individual formed the Romney Property Partnership (“Romney”) for the purpose of owning and leasing an office building and adjacent lot in Santa Paula, California. The Company paid $489,000 in 2007 for 75% interest in Romney. The terms of the partnership agreement affirm the status of the Company as a noncontrolling investor in the partnership since the Company cannot exercise unilateral control over the partnership. Since the Company has significant influence, but less than a controlling interest, the Company’s investment in Romney is accounted for using the equity method of accounting. Net profits, losses and cash flows of Romney are shared by the Company, which receives 75% and the individual, who receives 25% . Rosales S.A. On August 14, 2014, through its wholly owned subsidiary, Limoneira Chile SpA, the Company invested $1,750,000 for a 35% interest in Rosales S.A, (“Rosales”), a citrus packing, marketing and sales business located in La Serena, Chile. The Company’s investment included certain preferred interest provisions through December 31, 2016, including cash distributions of the 50% and 40% of the net income of Rosales for the years ending December 31, 2014 and 2015, respectively, as well as a liquidation preference on its investment. In addition, the Company has the right to acquire the interest of the majority shareholder of Rosales upon death or disability of Rosales’ general manager for the fair value of the interest on the date of the event as defined in the shareholders’ agreement. In February 2017, the Company acquired an additional 12% ownership interest in Rosales with the purchase of PDA as described in Note 3 – Acquisitions of the notes to consolidated financial statements included in this Annual Report. Since the Company has significant influence, but less than a controlling interest, the Company’s investment in Rosales is accounted for using the equity method of accounting. Rosales’ functional currency is the Chilean Peso. The following financial information has been translated to U.S. dollars. In addition, as a result of the Company’s acquisition of its equity interest, basis differences were identified between the historical cost of the net assets of Rosales and the proportionate fair value of the net assets acquired. Such basis differences aggregated $1,683,000 on the acquisition date and are primarily comprised of intangible assets, including $343,000 of equity method goodwill. An additional $925,000 of basis differences were identified with the February 2017 PDA acquisition, including $143,000 of equity method goodwill. The $2,122,000 in basis differences exclusive of goodwill is being amortized over the estimated life of the underlying intangible assets as a reduction in the equity investment and an expense included in equity in earnings (losses) of investments. Amortization amounted to $337,000 , $290,000 and $208,000 for fiscal year 2018 , 2017 and 2016 , respectively, and is estimated to be approximately $180,000 per year for years ending October 31, 2019 through October 31, 2023. Limoneira Lewis Community Builders, LLC (the “LLC” or "Joint Venture") As described in Note 7 – Real Estate Development of the notes to consolidated financial statements included in this Annual Report, on November 10, 2015, the Company entered into a Joint Venture with Lewis for the residential development of its East Area I real estate development project. 8. Equity Investments (continued) Limoneira Lewis Community Builders, LLC (the “LLC” or "Joint Venture") (continued) The following is unaudited financial information of the equity method investees for fiscal years 2018 , 2017 and 2016 (in thousands): 2018 Del Mar Romney Rosales LLC Total Assets $ 1,148 $ 676 $ 6,967 $ 125,886 $ 134,677 Liabilities $ — $ — $ 5,029 $ 56,932 $ 61,961 Equity 1,148 676 1,938 68,954 72,716 Total liabilities and equity $ 1,148 $ 676 $ 6,967 $ 125,886 $ 134,677 Revenues $ 2,893 $ 21 $ 13,630 $ 40 $ 16,584 Expenses 1,138 25 12,387 194 13,744 Net income (loss) $ 1,755 $ (4 ) $ 1,243 $ (154 ) $ 2,840 2017 Assets $ 1,269 $ 680 $ 2,645 $ 62,399 $ 66,993 Liabilities $ — $ — $ 1,853 $ 291 $ 2,144 Equity 1,269 680 792 62,108 64,849 Total liabilities and equity $ 1,269 $ 680 $ 2,645 $ 62,399 $ 66,993 Revenues $ 2,553 $ 20 $ 10,171 $ — $ 12,744 Expenses 966 29 10,192 89 11,276 Net income (loss) $ 1,587 $ (9 ) $ (21 ) $ (89 ) $ 1,468 2016 Assets $ 1,244 $ 690 $ 4,300 $ 47,332 $ 53,566 Liabilities $ — $ — $ 2,719 $ 36 $ 2,755 Equity 1,244 690 1,581 47,296 50,811 Total liabilities and equity $ 1,244 $ 690 $ 4,300 $ 47,332 $ 53,566 Revenues $ 3,452 $ 11 $ 7,639 $ — $ 11,102 Expenses 910 24 6,979 1 7,914 Net income (loss) $ 2,542 $ (13 ) $ 660 $ (1 ) $ 3,188 8. Equity Investments (continued) Limoneira Lewis Community Builders, LLC (the “LLC” or "Joint Venture") (continued) The Company’s investment and equity in earnings (losses) of the equity method investees are as follows (in thousands): Del Mar Romney Rosales LLC Total Investment balance October 31, 2015 $ 1,004 $ 531 $ 1,512 $ — $ 3,047 Equity earnings (losses) 603 (9 ) 40 — 634 Cash distributions (586 ) — (56 ) — (642 ) Investment contributions 940 — — 2,275 3,215 Investment balance October 31, 2016 1,961 522 1,496 2,275 6,254 Equity earnings (losses) 446 (7 ) (299 ) (91 ) 49 Cash distributions (439 ) — (273 ) — (712 ) Investment contributions — — 1,020 7,450 8,470 Investment balance October 31, 2017 1,968 515 1,944 9,634 14,061 Equity earnings (losses) 493 (3 ) 247 (154 ) 583 Cash distributions (526 ) — — — (526 ) Investment contributions — — — 3,500 3,500 Loan guarantee — — — 1,080 1,080 Investment balance October 31, 2018 $ 1,935 $ 512 $ 2,191 $ 14,060 $ 18,698

Investment in Calavo Growers, I

Investment in Calavo Growers, Inc.	12 Months Ended
Investment in Calavo Growers, Inc.	Oct. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Investment in Calavo Growers, Inc.	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 Calavo 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 for a total of $4,788,000 , recognizing a gain of $3,138,000 . In fiscal year 2015, the Company sold 140,000 shares for a total of $6,433,000 , recognizing a gain of $5,033,000 . In June and July 2016, the Company sold 60,000 shares, in aggregate, for a total of $4,019,000 , recognizing a gain of $3,419,000 . In fiscal year 2018, the Company sold 50,000 shares for a total of $4,721,000 , recognizing a gain of $4,223,000 . These gains are included in other income in the consolidated statements of operations. The Company continues to own 250,000 shares of Calavo's common stock. Additionally, changes in the fair value of the available-for-sale securities result in unrealized holding gains or losses on shares held by the Company and sales of the available-for-sale securities result in reclassifications of unrealized gains. In fiscal year 2018, the Company recorded unrealized holding gains of $6,765,000 ( $4,809,000 net of tax) and reclassification of unrealized gain on securities sold of $4,125,000 ( $2,965,000 net of tax). In fiscal year 2017, the Company recorded unrealized holding gains of $4,365,000 ( $2,643,000 net of tax). In fiscal year 2016, the Company recorded unrealized holding gains of $2,668,000 ( $1,619,000 net of tax) and reclassification of unrealized gain on securities sold of $2,830,000 ( $1,719,000 net of tax).

Other Assets

Other Assets	12 Months Ended
Other Assets	Oct. 31, 2018
Other Assets [Abstract]
Other Assets	Other Assets Other assets consist of the following at October 31 (in thousands): 2018 2017 Investments in mutual water companies $ 5,026 $ 4,686 Acquired water and mineral rights 3,783 2,655 Deposit for land purchase 593 645 Deferred lease assets and other 396 448 Note receivable 566 625 Revolving funds and memberships 267 265 Acquired trade names, trademarks and customer relationships 2,442 233 Goodwill 1,431 876 $ 14,504 $ 10,433 Investments in Mutual Water Companies The Company’s investments in various not-for-profit mutual water companies provide the Company with the right to receive a proportionate share of water from each of the not-for-profit mutual water companies that have been invested in and do not constitute voting shares and/or rights. Acquired Water and Mineral Rights Acquired water and mineral rights are indefinite-life intangible assets not subject to amortization. Deferred Lease Assets and Other Deferred lease assets and other as of October 31, 2018 and 2017 includes $139,000 and $146,000 of deferred rent assets and prepaid lease amounts on pollination equipment of $43,000 and $55,000 , respectively. In addition, deferred lease assets and other as of October 31, 2018 and 2017 includes a patent for an agricultural variety with a carrying value of $71,000 and $84,000 , respectively, net of accumulated amortization of $151,000 and $138,000 , respectively. Amortization expense associated with the patent was $13,000 for each of the fiscal years 2018 , 2017 and 2016 . Note Receivable In fiscal year 2004, the Company sold a parcel of land in Morro Bay, California that the buyers operate as an avocado orchard. The sale was recognized under the installment method and the resulting gain on the sale of $161,000 was deferred. In connection with the sale, the Company recorded a note receivable of $4,263,000 . The note is subordinate to bank financing. Principal of $2,963,000 and interest was paid April 1, 2005 and $112,000 of the deferred gain was recognized as income at that time. The remaining principal balance of $1,300,000 and the related accrued interest was initially payable April 1, 2009; however, the Company and the note holder executed a note extension agreement in March 2009 extending the due date of note until April 1, 2014, which was subsequently extended to April 2028. In fiscal year 2015, an affiliate of the note holder completed drilling five water wells at certain of the Company’s agricultural properties as non-cash payments on the note. The fair value of the well drilling services was $1,535,000 and the Company recorded a reduction of the note comprised of $711,000 of principal and $824,000 in accrued interest. On August 8, 2017, the note holder made a $10,000 principle payment and the Company and the note holder agreed to extend the maturity date of the note to April 1, 2028 and modify certain of its terms. The modified terms provide for non-cash payments over the term of the note in the form of well drilling services by the note holder’s affiliate, revising the interest rate from LIBOR plus 3.5% to a fixed rate of 4% and require annual interest payments until the maturity date. Combined principal and accrued interest was $566,000 and $625,000 at October 31, 2018 and 2017 , respectively. Interest income was $20,000 , $23,000 , and $23,000 in fiscal years 2018 , 2017 and 2016 , respectively. The deferred gain was $22,000 at October 31, 2018 and 2017 . In December 2017, the note holder’s affiliate completed well drilling services that resulted in a non-cash reduction in the note of $79,000 . Revolving Funds and Memberships Revolving funds and memberships represent the Company’s investments in various cooperative associations. 10. Other Assets (continued) Acquired Trade Names, Trademarks, Customer Relationships and Goodwill The Company acquired $486,000 of trade names and trademarks and $680,000 of goodwill in its acquisition of Associated in September 2013. Additionally, the Company acquired $160,000 of customer relationships with the acquisition of the Yuma packinghouse in June 2014. Customer relationships are amortized over five to eight years and the Company amortized the remaining balance of $24,000 in fiscal year 2018. Accumulated amortization for trade names, trademarks and customer relationships was $474,000 and $390,000 as of October 31, 2018 and 2017 , respectively. Amortization expense for trade names, trademarks and customer relationships was $84,000 , $85,000 and $83,000 in fiscal years 2018 , 2017 and 2016 , respectively. Additionally, the Company recognized a fair value adjustment to customer relationships and recorded a $20,000 increase in agribusiness costs and expenses in fiscal year 2016. In February 2017 the Company acquired $196,000 of goodwill with the purchase of PDA. The Company acquired $2,270,000 of trade names and customer relationships and $570,000 of goodwill in its acquisition of Oxnard Lemon in July 2018. Based on current information, estimated future amortization expense of intangible assets are as follows (in thousands): 2019 $ 358 2020 358 2021 348 2022 297 2023 297 Thereafter 855 $ 2,513

Accrued Liabilities

Accrued Liabilities	12 Months Ended
Accrued Liabilities	Oct. 31, 2018
Accounts Payable and Accrued Liabilities, Current [Abstract]
Accrued Liabilities	Accrued Liabilities Accrued liabilities consist of the following at October 31 (in thousands): 2018 2017 Compensation $ 2,784 $ 2,367 Property taxes 785 599 Interest 297 327 Deferred rental income and deposits 497 636 Lease expense 378 137 Lemon supplier payables 1,214 166 Capital expenditures, reserves and other 1,769 945 $ 7,724 $ 5,177

Long-Term Debt

Long-Term Debt	12 Months Ended
Long-Term Debt	Oct. 31, 2018
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Long-term debt is comprised of the following at October 31 (in thousands): 2018 2017 Farm Credit West revolving and non-revolving lines of credit: the interest rate of the revolving line of credit is variable based on the one-month London Interbank Offered Rate (“LIBOR”), which was 2.23% at October 31, 2018, plus 1.85%. On July 1, 2018, the interest rate for the $40.0 million outstanding balance of the non-revolving line of credit was fixed at 4.77%. Interest is payable monthly and the principal is due in full on July 1, 2022. $ 50,888 $ 74,556 Farm Credit West term loan: the interest rate is variable and was 4.70% at October 31, 2018. The loan is payable in quarterly installments through November 2022. 2,602 3,155 Farm Credit West term loan: the interest rate is variable and was 4.70% at October 31, 2018. The loan is payable in monthly installments through October 2035. 1,122 1,167 Farm Credit West term loan: the interest rate is fixed at 4.70%. The loan is payable in monthly installments though March 2036. 9,172 9,504 Farm Credit West term loan: the interest rate is fixed at 3.62% until March 2021, becoming variable for the remainder of the loan. The loan is payable in monthly installments through March 2036. 6,808 7,083 Wells Fargo term loan: the interest rate is fixed at 3.58%. The loan is payable in monthly installments through January 2023. 6,367 7,730 Banco de Chile term loan: the interest rate is fixed at 6.48%. The loan is payable in annual installments through January 2025. 1,857 2,106 Note Payable: the interest rate ranges from 5.0% to 7.0% and was 5.0% at October 31, 2018. The loan includes interest-only monthly payments and principal is due in February 2023. 1,435 — Subtotal 80,251 105,301 Less deferred financing costs 158 188 Total long-term debt, net 80,093 105,113 Less current portion 3,127 3,030 Long-term debt, less current portion $ 76,966 $ 102,083 On June 20, 2017, the Company entered into a Master Loan Agreement (the “Loan Agreement”) with Farm Credit West, FLCA ("Farm Credit West") which includes a Revolving Credit Supplement and a Non-Revolving Credit Supplement (the “Supplements”). Proceeds from the Supplements were used to pay down all the remaining outstanding indebtedness under the revolving credit facility we had with Rabobank, N.A. On January 29, 2018, we amended the Revolving Credit Supplement to increase the borrowing capacity from $60,000,000 to $75,000,000 . The Supplements provide aggregate borrowing capacity of $115,000,000 comprised of $75,000,000 under the Revolving Credit Supplement and $40,000,000 under the Non-Revolving Credit Supplement. In May 2018, the Company entered into a Conversion Agreement with Farm Credit West which fixed the interest rate on the Non-Revolving Credit Supplement at 4.77% effective July 1, 2018. The agreement provides for a fee equal to 0.50% of any amounts prepaid under the Non-Revolving Credit Supplement. The Company may prepay any amounts under the Revolving Credit Supplement without penalty. 12. Long-Term Debt (continued) The interest rate for any amount outstanding under the Supplements is based on the one-month London Interbank Offered Rate (“LIBOR”) rate plus an applicable margin, which is subject to adjustment on a monthly basis. The applicable margin ranges from 1.60% to 2.35% depending on the ratio of current assets plus the remaining available commitment divided by current liabilities. On July 1, 2019 , and on each one-year anniversary thereafter, we have the option to convert the interest rate in use under each Supplement from the preceding LIBOR-based calculation to a variable interest rate, or the reverse, as applicable. Any amounts outstanding under the Supplements are due and payable in full on July 1, 2022. All indebtedness under the Loan Agreement, including any indebtedness under the Supplements, is secured by a first lien on certain of our agricultural properties in Tulare and Ventura counties in California and certain of our building fixtures and improvements and investments in mutual water companies associated with the pledged agricultural properties. The Loan Agreement includes customary default provisions that provide should an event of default occur, Farm Credit West, at its option, may declare all or any portion of the indebtedness under the Loan Agreement to be immediately due and payable without demand, notice of non-payment, protest or prior recourse to collateral, and terminate or suspend our right to draw or request funds on any loan or line of credit. The Loan Agreement subjects us to affirmative and restrictive covenants including, among other customary covenants, financial reporting requirements, requirements to maintain and repair any collateral, restrictions on the sale of assets, restrictions on the use of proceeds, prohibitions on the incurrence of additional debt and restrictions on the purchase or sale of major assets of our business. The Company is also subject to a covenant that it will maintain a debt service coverage ratio greater than 1.25 :1.0 measured annually at October 31. The Company was in compliance with covenants as of October 31, 2018. The Supplements provide for maximum borrowings of $115,000,000 and the borrowing capacity based on collateral value was $115,000,000 at October 31, 2018 . In fiscal year 2017 the Company paid and capitalized debt financing costs of $108,000 related to the Loan Agreement and expensed $45,000 of capitalized debt financing costs related to the Rabobank revolving credit facility. On January 20, 2016, the Company entered into a $10,000,000 term loan with Wells Fargo Equipment Finance, Inc., which is secured by certain equipment associated with the Company’s new packing facilities. The loan includes a prepayment penalty of 2% of the unpaid balance for the first eighteen months, with no prepayment penalty thereafter. On February 16, 2016, the Company entered into a Promissory Note and Loan Agreement with Farm Credit West. The loan agreement provides for a term loan in the amount of $10,000,000 and a term loan in the amount of $7,500,000 (the “Term Loans”). The proceeds from the Term Loans were used to repay the Farm Credit West Line of Credit and pay down outstanding indebtedness. The Banco de Chile term loan was assumed with the acquisition of PDA in February 2017. The interest rate is fixed at 6.48% . The loan is payable in eight annual principal and interest payments that began in January 2018. This loan is unsecured. In February 2013, the Company entered into an option agreement for the purchase of a 7 -acre parcel adjacent to its East Area II real estate development project. The Company made a $75,000 initial option payment in 2013 and four additional annual option payments of $50,000 each from 2014 to 2017. In February 2018, the Company exercised its option and purchased the property for $3,145,000 , by making a cash payment of $1,444,000 and issuing a note payable for $1,435,000 . The $275,000 of option payments were applied to the purchase price and the Company incurred $9,000 of transaction costs. The note payable is due in five years, with interest-only, monthly payments at interest rates ranging from 5.0% to 7.0% . Interest is capitalized on non-bearing orchards, real estate development projects and significant construction in progress. The Company capitalized interest of $2,407,000 and $2,022,000 during the year ended October 31, 2018 and 2017 , respectively. Capitalized interest is included in property, plant and equipment and real estate development assets in the Company’s consolidated balance sheets. The Company incurs certain loan fees and costs associated with its new or amended credit arrangements. Such costs are capitalized as deferred financing costs and amortized as interest expense using the straight-line method over the terms of the credit agreements. The balance of deferred financing costs is $158,000 net of amortization and is included in long-term debt on the Company’s consolidated balance sheet at October 31, 2018 . 12. Long-Term Debt (continued) Principal payments on the Company’s long-term debt are due as follows (in thousands): 2019 $ 3,127 2020 2,923 2021 3,035 2022 54,041 2023 2,967 Thereafter 14,158 $ 80,251

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	12 Months Ended
Derivative Instruments and Hedging Activities	Oct. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities Derivative financial instruments consist of the following at October 31 (in thousands): Notional Amount Fair Value Liability 2018 2017 2018 2017 Pay fixed-rate, receive floating-rate forward interest rate swap, beginning July 2013 until June 2018 $ — $ 40,000 $ — $ 268 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. In connection with the paydown of the Rabobank debt noted above, on June 20, 2017 the Company entered into a novation agreement with Rabobank International, Utrecht and CoBank, ACB (“CoBank”). The agreement provided for the prior interest rate swap agreement with Rabobank to be in place with CoBank. This interest rate swap qualified as a cash flow hedge and the fair value liability was included in fair value of derivative instrument and related accumulated other comprehensive income at October 31, 2017. The interest rate swap expired June 30, 2018.

Earnings Per Share

Earnings Per Share	12 Months Ended
Earnings Per Share	Oct. 31, 2018
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic net income per common share is calculated using the weighted-average number of common shares outstanding during the period without consideration of the dilutive effect of conversion of preferred stock. Diluted net income per common share is calculated using the weighted-average number of common shares outstanding during the period plus the dilutive effect of conversion of unvested, restricted stock and preferred stock. The Series B and Series B-2 convertible preferred shares were dilutive for fiscal year ended October 31, 2018 and anti-dilutive for fiscal years ended October 31, 2017 and 2016 . The computations for basic and diluted net income per common share are as follows (in thousands, except per share amounts): 14. Earnings Per Share (continued) Year ended October 31, 2018 2017 2016 Basic net income per common share: Net income applicable to common stock $ 19,687 $ 6,035 $ 7,430 Effect of unvested, restricted stock (34 ) — — Numerator: Net income for basic EPS 19,653 6,035 7,430 Denominator: Weighted average common shares-basic 15,581 14,315 14,168 Basic net income per common share $ 1.26 $ 0.42 $ 0.52 Diluted net income per common share: Numerator: Net income for diluted EPS $ 20,188 $ 6,595 $ 8,058 Denominator: Weighted average common shares-basic 15,581 14,315 14,168 Effect of dilutive unvested, restricted stock and preferred stock 628 — — Weighted average common shares-diluted 16,209 14,315 14,168 Diluted net income per common share $ 1.25 $ 0.42 $ 0.52 Diluted earnings per common share are computed using the more dilutive method of either the two-class method or the treasury method. Unvested stock-based compensation awards that contain non-forfeitable rights to dividends as participating shares are included in computing earnings per share. The Company’s unvested, restricted stock awards qualify as participating shares. The Company excluded 70,000 , unvested, restricted shares, as calculated under the treasury stock method, from its computation of diluted earnings per common share for the fiscal year ended October 31, 2018. Diluted earnings per common share were calculated under the two-class method for fiscal years ended October 31, 2017 and 2016.

Related-Party Transactions

Related-Party Transactions	12 Months Ended
Related-Party Transactions	Oct. 31, 2018
Related Party Transactions [Abstract]
Related-Party Transactions	Related-Party Transactions The Company rents certain of its residential housing assets to employees on a month-to-month basis. The Company recorded $706,000 , $724,000 and $749,000 of rental income from employees in fiscal years 2018 , 2017 and 2016 , respectively. There were no rental payments due from employees at October 31, 2018 and 2017 . 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 such mutual water companies, in aggregate, of $1,445,000 , $1,230,000 and $1,287,000 in fiscal years 2018 , 2017 and 2016 , respectively. Capital contributions are included in other assets in the Company’s consolidated balance sheets and purchased water and water delivery services are included in agribusiness expense in the Company’s consolidated statements of operations. Water payments due to the mutual water companies were, in aggregate, $142,000 and $141,000 at October 31, 2018 and 2017 , respectively. The Company has representation 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 $1,869,000 , $1,843,000 and $1,659,000 from the association in fiscal years 2018 , 2017 and 2016 , respectively. Such amounts are included in agribusiness expense in the Company’s consolidated statements of operations. Payments due to the cooperative were $142,000 and $180,000 at October 31, 2018 and 2017 , respectively. The Company has an investment in and representation on the board of directors of Calavo and Calavo has an investment in and representation on the board of directors of the Company. The Company recorded dividend income of $285,000 , $270,000 and $288,000 in fiscal years 2018 , 2017 and 2016 , respectively, on its investment in Calavo, which is included in other income, net, in the Company’s consolidated statements of operations. The Company paid $432,000 , $380,000 and $346,000 of dividends to Calavo in fiscal years 2018 , 2017 and 2016 , respectively. The Company had $6,576,000 , $9,522,000 and $10,767,000 of avocado sales to Calavo in fiscal years 2018 , 2017 and 2016 , respectively. Such amounts are included in agribusiness revenues in the Company’s consolidated statements of operations. 15. Related-Party Transactions (continued) The Company leases office space to Calavo and received rental income of $293,000 , $287,000 , and $279,000 in fiscal years 2018 , 2017 and 2016 , respectively. Such amounts are included in rental revenues in the Company’s consolidated statements of operations. No amounts were due to the Company from Calavo at October 31, 2018 or 2017 . The Company purchased $367,000 , $276,000 and $517,000 of storage services, packed avocados and lemons to sell from Calavo in fiscal years 2018 , 2017 and 2016 , respectively. Amounts due to Calavo at October 31, 2018 and 2017 were $3,000 and $163,000 , respectively. Certain members of the Company’s board of directors market lemons through the Company. During fiscal years 2018 , 2017 and 2016 the aggregate amount of lemons procured from entities owned or controlled by members of the board of directors was $2,279,000 , $2,441,000 and $2,246,000 , respectively, which is included in agribusiness expense in the Company’s consolidated statements of operations. Payments due to these Board members were $487,000 and $636,000 at October 31, 2018 and 2017 , respectively. Additionally, the Company leases approximately 31 acres of orchards from entities affiliated with a member on the board of directors and incurred $96,000 , $23,000 and $135,000 of lease expense related to these leases in fiscal years 2018 , 2017 and 2016 , 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 options to lease up to an additional 960 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 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) not to exceed $1,200 per acre per year. During fiscal years 2018 , 2017 and 2016 ' respectively, $129,000 , $123,000 and $92,000 of lease expense was incurred in connection with this lease. 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. Additionally, this board member is an attorney with a law firm that provided services of $55,000 , $90,000 and $30,000 to the Company during the years ended October 31, 2018 , 2017 and 2016 , respectively. Payments due to the law firm were $67,000 and $62,000 at October 31, 2018 and 2017 , respectively. The Company incurred lease and farming expenses of $178,000 , $144,000 and $120,000 during fiscal years 2018 , 2017 and 2016 , respectively, which are recorded in agribusiness expense in the Company’s consolidated statements of operations. On February 5, 2015, the Company entered into a Modification of Lease Agreement (the “Amendment”) with Cadiz. The Amendment, among other things, increased by 200 acres the amount of property leased by the Company under the lease agreement dated July 1, 2013. In connection with the Amendment, the Company paid a total of $1,212,000 to acquire existing lemon trees and irrigations systems from Cadiz and a Cadiz tenant. In February 2016, Cadiz assigned this lease to Fenner Valley Farms, LLC (“Fenner”), a subsidiary of Water Asset Management, LLC (“WAM”). An entity affiliated with WAM is the holder of 9,300 shares of Limoneira Company Series B-2 convertible preferred stock. Amounts due to Fenner were $100,000 and $61,000 at October 31, 2018 and October 31, 2017 , respectively. 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 business in Yuma County, Arizona. The Company paid harvest expense to CRG of $3,707,000 , $3,959,000 and $4,492,000 for the years ended October 31, 2018 , 2017 , and 2016 , respectively. 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 $374,000 , $476,000 , and $282,000 during the years ended October 31, 2018 , 2017 , and 2016 , respectively. Such amounts are included in agribusiness revenues in the Company’s consolidated statement of operations. There was $232,000 and $209,000 due to Associated from CRG at October 31, 2018 and October 31, 2017 , 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 (“YMIDD”). In December 2013, Associated entered into an agreement, as amended in December 2014 and 2015, with YMIDD to participate in a Pilot Fallowing Program in which Associated agreed to forego its water allocation for approximately 300 acres of land in exchange for $750 per acre through December 31, 2016. In relation to this program the Company recorded revenues of zero , $34,000 and $201,000 during the years ended October 31, 2018 , 2017 and 2016 , respectively. These amounts are included in other income, net in the Company’s consolidated statements of operations. Additionally, the Company purchased water in the amount of $213,000 , $76,000 and $132,000 during fiscal years 2018 , 2017 and 2016 , respectively. Such amounts are included in agribusiness expenses in the Company’s consolidated statements of operations. Amounts payable to YMIDD at October 31, 2018 and October 31, 2017 were zero and $10,000 , respectively. 15. Related-Party Transactions (continued) The Company has a 1.3% interest in Del Mar as a general partner and a 26.8% interest as a limited partner. The Company provides Del Mar with farm management, orchard land development and accounting services and received expense reimbursements of $163,000 , $146,000 and $146,000 during fiscal years 2018, 2017 and 2016, respectively. The Company procures lemons from Del Mar and fruit proceeds due to Del Mar were $709,000 and $912,000 at October 31, 2018 and October 31, 2017, respectively and are included in grower’s payable in the Company’s consolidated balance sheets. The Company received distributions of $526,000 , $439,000 and $586,000 and recorded equity in earnings of this investment of $493,000 , $446,000 and $603,000 during fiscal years 2018, 2017 and 2016, respectively. On August 14, 2014, the Company’s wholly owned subsidiary, Limoneira Chile SpA, invested approximately $1,750,000 for a 35% interest in Rosales, a citrus packing, marketing and sales business located in La Serena, Chile. The Company purchased an additional 12% interest in Rosales with the February 2017 acquisition of PDA. The Company recognized $1,009,000 , $1,038,000 and $266,000 of lemon sales to Rosales in fiscal years 2018 , 2017 and 2016 , respectively. Additionally, San Pablo recognized $552,000 of lemon and orange sales to Rosales from the Acquisition Date to October 31, 2018. PDA recognized $2,288,000 of lemon and orange sales to Rosales in fiscal year 2018. PDA recognized $1,059,000 of lemon and orange sales to Rosales from the Acquisition Date to the period ended October 31, 2017. Such amounts are recorded in agribusiness revenues in the Company’s consolidated statements of operations. In fiscal years 2018 , 2017 and 2016 , the aggregate amount of lemons and oranges procured from Rosales was $7,658,000 , $4,283,000 and $2,205,000 , respectively. Amounts (payable to) due from Rosales were $(65,000) and $101,000 at October 31, 2018 and 2017 , respectively. The Company recorded equity in earnings (losses) of this investment of $584,000 , $(9,000) and $248,000 in fiscal years 2018 , 2017 and 2016 , respectively, and amortization of fair value basis differences of $337,000 , $290,000 and $208,000 in fiscal years 2018 , 2017 and 2016 , respectively. The Company received cash distributions from this equity investment of zero , $273,000 and $56,000 in fiscal years 2018 , 2017 and 2016 , respectively.

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Oct. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes A reconciliation of income before income taxes for domestic and foreign locations for the years ended October 31, 2018 , 2017 and 2016 are as follows (in thousands): 2018 2017 2016 United States $ 13,099 $ 11,386 $ 13,285 Foreign 384 (760 ) 40 Income before income taxes $ 13,483 $ 10,626 $ 13,325 The components of the provisions for income taxes for fiscal years 2018 , 2017 and 2016 are as follows (in thousands): 2018 2017 2016 Current: Federal $ 35 $ (1,217 ) $ 1,736 State (444 ) (527 ) (749 ) Foreign (169 ) (41 ) (59 ) Total current (provision) benefit (578 ) (1,785 ) 928 Deferred: Federal 7,393 (2,282 ) (5,942 ) State (212 ) (238 ) (253 ) Foreign 126 228 — Total deferred benefit (provision) 7,307 (2,292 ) (6,195 ) Total benefit (provision) $ 6,729 $ (4,077 ) $ (5,267 ) 16. Income Taxes (continued) The income tax provision differs from the amount which would result from the statutory federal income tax rate primarily as a result of remeasuring deferred tax assets and liabilities, the dividend exclusion and state income taxes. Deferred income taxes reflect the net of temporary differences between the carrying amount of the assets and liabilities for financial reporting and income tax purposes. The components of deferred income tax assets (liabilities) at October 31, 2018 and 2017 are as follows (in thousands): 2018 2017 Deferred income tax assets: Labor accruals $ 194 $ 286 State income taxes 97 191 Net operating losses 706 — Prepaid insurance and other 457 442 Impairments of real estate development assets 1,557 3,186 Derivative instruments — 105 Minimum pension liability adjustment 644 1,512 Amortization 203 360 Total deferred income tax assets 3,858 6,082 Deferred income tax liabilities: Property taxes (165 ) (234 ) Depreciation (13,230 ) (15,114 ) Book and tax basis difference of acquired assets (9,886 ) (14,444 ) Unrealized net gain on Calavo investment (5,830 ) (7,490 ) Other (119 ) (215 ) Total deferred income tax liabilities (29,230 ) (37,497 ) Net deferred income tax liabilities $ (25,372 ) $ (31,415 ) At October 31, 2018 , the Company had federal net operating loss carry-forwards of approximately $3.1 million . The federal net operating loss is carried forward indefinitely. The income tax provision differs from that computed using the federal statutory rate applied to income before taxes as follows for fiscal years 2018 , 2017 and 2016 ($ in thousands): 2018 2017 2016 Amount % Amount % Amount % Provision at statutory rates $ (3,125 ) (23.3 )% $ (3,613 ) (34.0 )% $ (4,530 ) (34.0 )% State income tax, net of federal benefit (768 ) (5.7 )% (580 ) (5.5 )% (733 ) (5.5 )% Dividend exclusion 49 0.4 % 67 0.6 % 72 0.5 % Production deduction — — 148 1.4 % 50 0.4 % Tax law change 10,295 76.4 % — — — — Other permanent items 278 2.1 % (99 ) (0.9 )% (126 ) (0.9 )% Total income tax benefit (provision) $ 6,729 49.9 % $ (4,077 ) (38.4 )% $ (5,267 ) (39.5 )% At October 31, 2018 and 2017 , the Company had no unrecognized tax benefits. The Company reports accrued interest and penalties related to unrecognized tax benefits in income tax expense. 16. Income Taxes (continued) The Company files income tax returns in the U.S., California, Arizona and Chile. The Company is no longer subject to significant U.S., state and Chilean income tax examinations for years prior to the statutory periods of three years for federal, four years for state and three years for Chilean tax jurisdictions. The Company recognizes interest expense and penalties related to income tax matters as a component of income tax expense. There was no accrued interest or penalties associated with uncertain tax positions as of October 31, 2018 . The Tax Cuts and Jobs Act ("the Tax Act") was enacted on December 22, 2017. The Tax Act includes a number of changes to existing tax laws that impact the Company, most notably it reduces the U.S. federal corporate tax rate from 34% to 21%, requires companies to pay a one-time transition tax on earnings of certain foreign subsidiaries that were previously tax deferred, and accelerates depreciation for certain assets acquired and placed in service after September 27, 2017. The Tax Act also includes prospective changes beginning in 2018, including additional limitations on executive compensation, limitations on the deductibility of interest, and capitalization of research and development expenditures. The Tax Act includes two new U.S. tax base erosion provisions, the global intangible low-taxed income (“GILTI”) provisions and the base-erosion and anti-abuse tax (“BEAT”) provisions. In addition, the Tax Act includes a provision which provides a benefit for foreign derived intangible income (“FDII”). The Tax Act is generally effective January 1, 2018. As a fiscal year U.S. taxpayer, the majority of the provisions will apply to the Company’s 2019 fiscal year. As of October 31, 2018, the Company has made a reasonable estimate of the effects of the Tax Act on its existing deferred tax balances. In conjunction with the tax law changes, the SEC staff issued Staff Accounting Bulletin No. 118 ("SAB 118") to address the application of U.S. GAAP in situations when a registrant does not have the necessary information available, prepared, or analyzed (including computations) in reasonable detail to complete the accounting for certain income tax effects of the Tax Act. The ultimate impact may differ from these provisional amounts due to, among other things, additional analysis, changes in interpretations and assumptions made, additional regulatory guidance that may be issued, and actions the Company may take as a result of the Tax Act. Deferred tax assets and liabilities: The Company remeasured certain deferred tax assets and liabilities based on the rates at which they are expected to reverse in the future, which is generally 21%. However, the Company is still analyzing certain aspects of the Tax Act and refining its calculations, which could potentially affect the measurement of these balances or potentially give rise to new deferred tax amounts. The provisional amount recorded related to the remeasurement of the Company's deferred tax balance was $10,295,000 and is included as a component of income tax expense from continuing operations. Foreign tax effects: The one-time transition tax is based on the total post-1986 earnings and profits (E&P) previously deferred from U.S. income taxes. In aggregate, the Company has a cumulative deficit in post-1986 E&P from its specified foreign corporations. Accordingly, no provisional amount was recorded as of October 31, 2018.

Retirement Plans

Retirement Plans	12 Months Ended
Retirement Plans	Oct. 31, 2018
Retirement Benefits [Abstract]
Retirement Plans	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. 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 Wells Fargo 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 $600,000 and $725,000 for fiscal years 2018 and 2017 , respectively. Plan assets are invested in a group trust consisting primarily of pooled funds, mutual funds, short-term investment funds and cash. The investment policy and strategy has been established to provide a total investment return that will, over time, maintain purchasing power parity for the Plan’s variable benefits and keep the Plan funding at a reasonable level. The long-term target asset allocation ranges are as follows: Domestic Equity 35% - 40% ; International Equity 10% - 15% and Fixed Income 50% . 17. Retirement Plans (continued) The following tables set forth the Plan’s net periodic cost, changes in benefit obligation and Plan assets, funded status, amounts recognized in the Company’s consolidated balance sheets, additional year-end information and assumptions used in determining the benefit obligations and net periodic benefit cost. The components of net periodic benefit cost for the Plan for fiscal years 2018 and 2017 were as follows (in thousands): 2018 2017 Administrative expenses $ 254 $ 306 Interest cost 770 775 Expected return on plan assets (1,071 ) (1,053 ) Prior service cost 45 45 Amortization of net loss 700 833 Net periodic benefit cost $ 698 $ 906 Following is a summary of the Plan’s funded status as of October 31, (in thousands): 2018 2017 Change in benefit obligation: Benefit obligation at beginning of year $ 22,268 $ 22,439 Administrative expenses 254 306 Interest cost 770 775 Benefits paid (1,555 ) (1,425 ) Actuarial (gain) loss (2,096 ) 173 Benefit obligation at end of year $ 19,641 $ 22,268 Change in plan assets: Fair value of plan assets at beginning of year $ 18,410 $ 16,820 Actual return on plan assets (218 ) 2,290 Employer contributions 600 725 Benefits paid (1,555 ) (1,425 ) Fair value of plan assets at end of year $ 17,237 $ 18,410 Reconciliation of funded status: Fair value of plan assets $ 17,237 $ 18,410 Benefit obligations 19,641 22,268 Net plan obligations $ (2,404 ) $ (3,858 ) Amounts recognized in statements of financial position: Noncurrent assets $ — $ — Current liabilities — — Noncurrent liabilities (2,404 ) (3,858 ) Net obligation recognized in statements of financial position $ (2,404 ) $ (3,858 ) Reconciliation of amounts recognized in statements of financial position: Prior service cost $ (233 ) $ (277 ) Net loss (5,418 ) (6,926 ) Accumulated other comprehensive loss (5,651 ) (7,203 ) Accumulated contributions in excess of net periodic benefit cost 3,247 3,345 Net deficit recognized in statements of financial position $ (2,404 ) $ (3,858 ) 17. Retirement Plans (continued) Presented below are changes in accumulated other comprehensive income, before tax, in the Plan as of October 31, (in thousands): 2018 2017 Changes recognized in other comprehensive income: Net gain arising during the year $ (807 ) $ (1,064 ) Amortization of prior service cost (45 ) (45 ) Amortization of net loss (700 ) (833 ) Total recognized in other comprehensive income $ (1,552 ) $ (1,942 ) Total recognized in net periodic benefit and other comprehensive income $ (854 ) $ (1,036 ) Presented below is the October 31, year-ended estimated amount that will be amortized from accumulated other comprehensive income over the next fiscal year (in thousands): 2018 Initial net asset (obligation) $ — Prior service cost (45 ) Net loss (402 ) Total $ (447 ) The following assumptions, as of October 31, were used in determining benefit obligations and net periodic benefit cost ($ in thousands): 2018 2017 Weighted-average assumptions used to determine benefit obligations: Discount rate 4.40 % 3.60 % Assumptions used to determine net periodic benefit cost: Discount rate 3.60 % 3.60 % Expected return on plan assets 6.21 % 6.24 % Additional year-end information: Projected benefit obligation $ 19,641 $ 22,268 Accumulated benefit obligation $ 19,641 $ 22,268 Fair value of plan assets $ 17,237 $ 18,410 Benefit payments are expected to be paid during the following fiscal years (in thousands): 2019 $ 1,268 2020 1,270 2021 1,283 2022 1,301 2023 1,340 2024-2027 6,719 $ 13,181 17. Retirement Plans (continued) The following table sets forth the Plan’s assets as of October 31, 2018 , segregated by level using the hierarchy established by FASB ASC 820, Fair Value Measurements and Disclosures (in thousands): Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 187 $ — $ — $ 187 Mutual funds 1,245 — — 1,245 Pooled funds — 15,805 — 15,805 $ 1,432 $ 15,805 $ — $ 17,237 The Company has a 401(k) plan in which it contributes an amount equal to 4% of an eligible employee’s annual earnings beginning after one year of employment. Employees may elect to defer up to 100% of their annual earnings subject to Internal Revenue Code limits. The Company makes an additional matching contribution on these deferrals up to 4% of the employee’s annual earnings. Employees are 100% vested in the Company’s contribution after six years of employment. Participants vest in any matching contribution at a rate of 20% per year beginning after one year of employment. During fiscal years 2018 , 2017 and 2016 , the Company contributed to the plan and recognized expenses of $823,000 , $774,000 and $823,000 , respectively.

Other Long-Term Liabilities

Other Long-Term Liabilities	12 Months Ended
Other Long-Term Liabilities	Oct. 31, 2018
Other Liabilities Disclosure [Abstract]
Other Long-Term Liabilities	Other Long-Term Liabilities Other long-term liabilities consist of the following at October 31, (in thousands): 2018 2017 Minimum pension liability $ 2,404 $ 3,858 Loan guarantee 1,080 — Deferred gain and other 163 62 $ 3,647 $ 3,920

Operating Lease Income

Operating Lease Income	12 Months Ended
Operating Lease Income	Oct. 31, 2018
Leases, Operating [Abstract]
Operating Lease Income	Operating Lease Income The Company rents certain of its assets under net operating lease agreements ranging from one month to 20 years . The cost of land subject to agricultural land leases was $1,275,000 at October 31, 2018 . The total cost and accumulated depreciation of buildings, equipment and building improvements subject to leases was $22,474,000 and $7,559,000 , respectively, at October 31, 2018 . The Company’s rental operations revenue includes contingent rental revenue of $324,000 , $251,000 and $195,000 for fiscal years 2018 , 2017 and 2016 , respectively. The future minimum lease payments to be received by the Company related to these net operating lease agreements as of October 31, 2018 , are as follows (in thousands): 2019 $ 1,138 2020 453 2021 313 2022 323 2023 278 Thereafter 569 $ 3,074

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Oct. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Operating Leases The Company has operating leases for agricultural land, packinghouse equipment, and photovoltaic generators. Total lease expense for fiscal years 2018 , 2017 and 2016 was $2,028,000 , $1,878,000 and $2,049,000 , respectively, which is included in agribusiness costs and expenses in the Company’s consolidated statements of operations. 20. Commitments and Contingencies (continued) Operating Leases (continued) During fiscal year 2008, the Company entered into a contract with Perpetual Power, LLC (“Perpetual”) to install a 1,000 KW photovoltaic generator in order to provide electrical power for the Company’s lemon packinghouse operations. The facility became operational in October 2008. Farm Credit West provided financing for the generator and upon completion of the construction Perpetual sold the generator to Farm Credit West. The Company then signed a 10 -year operating lease agreement with Farm Credit West. In October 2018, the Company purchased the generator from Farm Credit West for $1,125,000 . Additionally, in fiscal year 2008, the Company entered into a contract with Perpetual to install a second 1,000 KW photovoltaic generator in order to provide electrical power for the Company’s farming operations in Ducor, California. Farm Credit West provided the financing for the generator and when construction was completed, Perpetual sold the generator to Farm Credit West. The Company then signed a 10 -year operating lease agreement with Farm Credit West for this facility. In December 2018, the Company purchased the generator from Farm Credit West for $1,275,000 . The generator in Ducor, California became operational in December 2008. Included in prepaid expenses and other current assets in the Company’s consolidated balance sheets is $17,000 and $220,000 at October 31, 2018 and 2017 , respectively of deferred rent assets related to the Company’s Ducor solar lease as the minimum lease payments exceed the straight-line rent expense during the earlier terms of the lease. In January 2012, the Company entered into a series of operating leases for approximately 1,000 acres of lemon, orange, specialty citrus and other crop orchards in Lindsay, California. Each of the leases is for ten -year terms and provides for four 5 -year renewal options with an aggregate base rent of approximately $500 per acre. The leases also contain profit share arrangements with the landowners as additional rent on each of the properties and a provision for the potential purchase of the properties by the Company in the future. The Company purchased substantially all of the leased acreage in September and December 2015. The Company incurred lease expense of $201,000 , $152,000 and $202,000 in fiscal years 2018 , 2017 and 2016 . On July 1, 2013, the Company and Cadiz, entered into a long-term lease agreement for a minimum of 320 acres, with an option to lease up to an additional 960 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 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. On February 5, 2015, the Company entered into a Modification of Lease Agreement (the “Amendment”) with Cadiz. The Amendment, among other things, increased by 200 acres the amount of property leased by the Company under the lease agreement dated July 1, 2013. In connection with the Amendment, the Company paid a total of $1,212,000 to acquire existing lemon trees and irrigations systems from Cadiz and a Cadiz tenant. In February 2016, Cadiz assigned this lease to Fenner Valley Farms, LLC (“Fenner”), a subsidiary of Water Asset Management, LLC (“WAM”). An entity affiliated with WAM is the holder of 9,300 shares of Limoneira Company Series B-2 convertible preferred stock. The Company incurred lease expenses of $129,000 , $123,000 and $92,000 in fiscal years 2018 , 2017 and 2016 . Payments due to Fenner were $100,000 and $61,000 at October 31, 2018 and 2017 , respectively. Minimum future lease payments are as follows (in thousands): 2019 $ 522 2020 495 2021 496 2022 438 2023 156 Thereafter 2,092 $ 4,199 Letters of Credit The Company utilizes standby letters of credit to satisfy workers’ compensation insurance security deposit requirements. At October 31, 2018 , there was one outstanding letter of credit for $85,000 . 20. Commitments and Contingencies (continued) Litigation and Legal Proceedings The Company is from time to time involved in various lawsuits and legal proceedings that arise in the ordinary course of business. At this time, the Company is not aware of any pending or threatened litigation against it that it expects will have a material adverse effect on its business, financial condition, liquidity, or operating results. Legal claims are inherently uncertain, however, and it is possible that the Company’s business, financial condition, liquidity and/or operating results could be adversely affected in the future by legal proceedings.

Series B and Series B-2 Preferr

Series B and Series B-2 Preferred Stock	12 Months Ended
Series B and Series B-2 Preferred Stock	Oct. 31, 2018
Temporary Equity Disclosure [Abstract]
Series B and Series B-2 Preferred Stock	Series B and Series B-2 Preferred Stock Series B Convertible Preferred Stock In 1997, in connection with the acquisition of Ronald Michaelis Ranches, Inc., the Company issued 30,000 shares of Series B Convertible Preferred Stock at $100.00 par value (the “Series B Stock”). Dividends: The holders of shares of Series B Stock are entitled to receive cumulative cash dividends at an annual rate of 8.75% of par value. Such dividends are payable quarterly on the first day of January, April, July and October in each year commencing July 1, 1997. Voting Rights: Each holder of Series B Stock is entitled to ten votes on all matters submitted to a vote of the stockholders of the Company. Redemption: The Company, at the option of the Board of Directors, may redeem the Series B Stock, as a whole or in part, at any time or from time to time on or after August 1, 2017 and before July 31, 2027, at a redemption price equal to the par value thereof, plus accrued and unpaid dividends thereon to the date fixed for redemption. Redemption by the Company of a portion of the Series B Stock totaling 14,790 shares is subject to certain conditions agreed upon between the Company and the holders of this portion of the Series B Stock. Conversion: The holders of Series B Stock have the right, at their option, to convert such shares into shares of Common Stock of the Company at any time prior to redemption. The conversion price is $8.00 per share of Common Stock. Pursuant to the terms of the Certificate of Designation, Preferences and Rights of the Series B Stock, the conversion price shall be adjusted to reflect any dividends paid in Common Stock of the Company, the subdivision of the Common Stock of the Company into a greater number of shares of Common Stock of the Company or upon the advice of legal counsel. Put: The holders of Series B Stock may at any time after July 1, 2017 and before June 31, 2027 cause the Company to repurchase such shares at a repurchase price equal to the par value thereof, plus accrued and unpaid dividends thereon to the date fixed for repurchase. The put features of a portion of the Series B Stock totaling 14,790 shares are subject to certain conditions agreed upon between the Company and the holders of this portion of the Series B Stock. Because the Series B Stock may be redeemed by holders of the shares at their discretion beginning July 1, 2017, the redemption is outside of the control the Company and accordingly, the Series B Stock has been classified as temporary equity. In fiscal year 2017, a total of 14,210 shares of Series B preferred stock were converted into 177,624 shares of common stock. In fiscal year 2016, 500 shares of Series B preferred stock were converted into 6,250 shares of common stock. In fiscal year 2015, 500 shares of Series B preferred stock were converted into 6,250 shares of common stock. Series B-2 Convertible Preferred Stock During March and April of 2014, pursuant to a Series B-2 Stock Purchase Agreement dated March 21, 2014, the Company issued an aggregate of 9,300 shares of Series B-2, 4% voting preferred stock with a par value of $100.00 per share (“Series B-2 Preferred Stock”) to WPI-ACP Holdings, LLC (“WPI”), an entity affiliated with Water Asset Management, LLC (“WAM”) for total proceeds of $9,300,000 . The transactions were exempt from the registration requirements of the Securities Act of 1933, as amended. The Series B-2 Preferred Stock has the following rights, preferences, privileges, and restrictions: Conversion: Each share of the Series B-2 Preferred Stock is convertible into common stock at a conversion price equal to the greater of (a) the then-market price of the Company’s common stock based upon the closing price of the Company’s common stock on The NASDAQ Stock Market, LLC or on such other principal market on which the Company’s common stock may then be trading and (b) $15.00 per share of common stock. Shares of the Series B-2 Preferred Stock may be converted into common stock (i) at any time prior to the redemption thereof, or (ii) in the event the Option Agreement (as defined below) is terminated without all of the shares of Series B-2 Preferred Stock having been redeemed, within 30 calendar days following such termination. 21. Series B and Series B-2 Preferred Stock (continued) Series B-2 Convertible Preferred Stock (continued) Dividends: The holder of shares of the Series B-2 Preferred Stock is entitled to receive cumulative cash dividends at an annual rate of 4% of the liquidation value of $1,000 per share. Such dividends are payable quarterly on the first day of January, April, July and October in each year commencing July 1, 2014. Liquidation Rights: In the event of any voluntary or involuntary liquidation, dissolution or winding up of the Company, the holder of shares of the Series B-2 Preferred Stock is entitled to be paid out of the assets available for distribution, before any payment is made to the holders of the Company’s common stock or any other series or class of the Company’s shares ranking junior to the Series B-2 Preferred Stock, an amount equal to the liquidation value of $1,000 per share, plus an amount equal to all accrued and unpaid dividends. Voting Rights: Each share of Series B-2 Preferred Stock is entitled to one vote on all matters submitted to a vote of the Company’s stockholders. Redemption: The Company may redeem shares of Series B-2 Preferred Stock only (i) from WPI or its designee and (ii) upon, and to the extent of, an election to exercise the option pursuant to the Option Agreement, described below, at a redemption price equal to the liquidation value of $1,000 per share plus accrued and unpaid dividends. Because the Series B-2 Preferred Stock may be redeemed by WPI at its discretion with the exercise of the Option Agreement, the redemption is outside of the control the Company and accordingly, the Series B-2 Preferred Stock has been classified as temporary equity. In connection with the sale of the Series B-2 Preferred Stock, Associated and another affiliate of WAM (“WPI-ACP”), entered into a series of agreements related to the future ownership and disposition of farmland with associated Colorado River water rights and other real estate that is held by Associated in Yuma, Arizona. The agreements allow the parties to explore strategies that will make the highest and best use of those assets, including but not limited to the sale or lease of assets or the expansion of a fallowing and water savings program in which a portion of Associated’s property is currently enrolled. The net proceeds of any monetization event would be shared equally by the parties. The agreements entered into include a Water Development Agreement and an Option Agreement. Pursuant to the Water Development Agreement, Associated granted WPI-ACP exclusive rights to develop water assets attributable to the real estate owned by Associated for the mutual benefit of Associated and WAM. Pursuant to the Option Agreement, Associated granted WPI-ACP an option to purchase an undivided interest of up to one-half of the real estate owned by Associated in Yuma County, Arizona (the “Property”) and the water rights associated therewith until January 1, 2026. The purchase price for the Property subject to the Option Agreement will be paid via the redemption by the Company of a proportionate percentage of the Series B-2 Preferred Stock. Unless and until a definitive agreement or definitive agreements with respect to Associated’s real estate and water rights is entered into that would cause the cessation of farming operations, Associated expects to continue farming the Property and recognize all results of operations and retain all proceeds from such operations.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
Stockholders' Equity	Oct. 31, 2018
Stockholders' Equity Note [Abstract]
Stockholders' Equity	Stockholders’ Equity Series A Junior Participating Preferred Stock and Shareholder Rights Agreement During fiscal year 2007, the Company entered into a shareholder rights agreement with the Bank of New York acting as rights agent. In connection with this agreement, on October 31, 2006, the Company designated 20,000 shares of preferred stock as Series A Junior Participating Preferred Stock at $0.01 par value (the “Series A Stock”). Additionally, on October 31, 2006, the Company declared a dividend to be distributed on December 20, 2006, to each holder of record of the Company’s common stock the right to purchase one one-hundredth of a share of Series A Stock. If a triggering event occurred, the Board of Directors had the option to allow rights holders to exercise their rights. The shareholder rights agreement, and the rights thereunder, expired by its terms on December 19, 2016. Stock-based compensation 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 2 -year period. 22. Stockholders’ Equity (continued) Stock-based compensation (continued) In December 2018, 40,094 shares of common stock with a per share value of $18.74 were granted to management under the Stock Plan for fiscal year 2018 performance, resulting in total compensation expense of approximately $751,000 , with $343,000 recognized in the year ended October 31, 2018 and the balance to be recognized over the next two years as the shares vest. In December 2017, 41,291 shares of common stock with a per share value of $22.86 were granted to management under the Stock Plan for fiscal year 2017 performance, resulting in a total compensation expense of approximately $944,000 , with $605,000 recognized in the year ended October 31, 2017 and the balance to be recognized over the next two years as the shares vest. In December 2016, 44,688 shares of common stock with a per share value of $19.92 were granted to management under the Stock Plan for fiscal year 2016 performance, resulting in total compensation expense of approximately $890,000 , with $544,000 recognized in the year ended October 31, 2016 and the balance to be recognized over the next two years as the shares vest. Stock-based compensation expense is recognized over the performance and vesting periods as summarized below ($ in thousands): Performance Shares Year Ended October 31, Year Granted 2018 2017 2016 2014 42,085 $ — $ — $ 352 2015 27,424 — 144 140 2016 44,688 98 256 544 2017 41,291 219 605 — 2018 130,094 742 — — $ 1,059 $ 1,005 $ 1,036 During fiscal years 2018 , 2017 and 2016 , respectively, members of management exchanged 24,252 , 14,773 and 12,433 shares of common stock with fair value of $570,000 , $294,000 and $190,000 , at the date of the exchanges, for the payment of payroll taxes associated with the vesting of shares under the Company’s stock-based compensation programs. Additionally, in fiscal year 2018, the Company repurchased 15,330 shares from a retired member of management for $86,000 per the terms of a discontinued stock plan. During fiscal years 2018 , 2017 and 2016 , respectively, 14,033 , 18,956 and 21,905 shares of common stock were issued to the Company’s non-employee directors under the Company’s stock-based compensation plans. The Company recognized $309,000 , $323,000 and $273,000 of stock-based compensation in fiscal years 2018 , 2017 and 2016 , respectively. In December 2018, the Company granted 90,000 shares of common stock with a per share price of $19.84 to key executives under the Stock Plan, resulting in a total compensation expense of approximately $1,786,000 to be recognized equally over the next three years as the shares vest. In December 2017, the Company granted 90,000 shares of common stock with a per share price of $22.19 to key executives under the Stock Plan, resulting in a total compensation expense of approximately $1,997,000 to be recognized equally over the next five years as the shares vest. A summary of restricted stock activity, related to the Stock Plan, is as follows ($ thousands, except for grant price amounts): Weighted-Average Aggregate Number of Shares Grant Price Intrinsic Value Outstanding at October 31, 2017 57,477 $ 18.83 Vested (62,056 ) $ 19.50 Forfeited — $ — Granted 130,861 $ 22.40 Outstanding at October 31, 2018 126,282 $ 22.04 $ 3,113 22. Stockholders’ Equity (continued) Dividend On December 18, 2018, the Company declared a $0.075 per share dividend which is to be paid on January 15, 2019 in the aggregate amount of $1,332,000 to common shareholders of record as of December 31, 2018. Public Offering of Common Stock In June 2018, the Company completed the sale of an aggregate of 3,136,362 shares of our common stock, at a price of $22.00 per share, to a limited number of institutional and other investors in a registered offering under the shelf registration statement. The offering represented 18% of our outstanding common stock on an after-issued basis as of June 25, 2018. Upon completion of the offering and issuance of common stock, the Company had 17,669,314 shares of common stock outstanding. The gross proceeds of the offering totaled $69,000,000 and after an underwriting discount of $4,485,000 and other offering expenses of $418,000 , the net proceeds received by the Company were $64,097,000 .

Public Offering of Common Stock

Public Offering of Common Stock	12 Months Ended
Public Offering of Common Stock	Oct. 31, 2018
Equity [Abstract]
Public Offering of Common Stock	Stockholders’ Equity Series A Junior Participating Preferred Stock and Shareholder Rights Agreement During fiscal year 2007, the Company entered into a shareholder rights agreement with the Bank of New York acting as rights agent. In connection with this agreement, on October 31, 2006, the Company designated 20,000 shares of preferred stock as Series A Junior Participating Preferred Stock at $0.01 par value (the “Series A Stock”). Additionally, on October 31, 2006, the Company declared a dividend to be distributed on December 20, 2006, to each holder of record of the Company’s common stock the right to purchase one one-hundredth of a share of Series A Stock. If a triggering event occurred, the Board of Directors had the option to allow rights holders to exercise their rights. The shareholder rights agreement, and the rights thereunder, expired by its terms on December 19, 2016. Stock-based compensation 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 2 -year period. 22. Stockholders’ Equity (continued) Stock-based compensation (continued) In December 2018, 40,094 shares of common stock with a per share value of $18.74 were granted to management under the Stock Plan for fiscal year 2018 performance, resulting in total compensation expense of approximately $751,000 , with $343,000 recognized in the year ended October 31, 2018 and the balance to be recognized over the next two years as the shares vest. In December 2017, 41,291 shares of common stock with a per share value of $22.86 were granted to management under the Stock Plan for fiscal year 2017 performance, resulting in a total compensation expense of approximately $944,000 , with $605,000 recognized in the year ended October 31, 2017 and the balance to be recognized over the next two years as the shares vest. In December 2016, 44,688 shares of common stock with a per share value of $19.92 were granted to management under the Stock Plan for fiscal year 2016 performance, resulting in total compensation expense of approximately $890,000 , with $544,000 recognized in the year ended October 31, 2016 and the balance to be recognized over the next two years as the shares vest. Stock-based compensation expense is recognized over the performance and vesting periods as summarized below ($ in thousands): Performance Shares Year Ended October 31, Year Granted 2018 2017 2016 2014 42,085 $ — $ — $ 352 2015 27,424 — 144 140 2016 44,688 98 256 544 2017 41,291 219 605 — 2018 130,094 742 — — $ 1,059 $ 1,005 $ 1,036 During fiscal years 2018 , 2017 and 2016 , respectively, members of management exchanged 24,252 , 14,773 and 12,433 shares of common stock with fair value of $570,000 , $294,000 and $190,000 , at the date of the exchanges, for the payment of payroll taxes associated with the vesting of shares under the Company’s stock-based compensation programs. Additionally, in fiscal year 2018, the Company repurchased 15,330 shares from a retired member of management for $86,000 per the terms of a discontinued stock plan. During fiscal years 2018 , 2017 and 2016 , respectively, 14,033 , 18,956 and 21,905 shares of common stock were issued to the Company’s non-employee directors under the Company’s stock-based compensation plans. The Company recognized $309,000 , $323,000 and $273,000 of stock-based compensation in fiscal years 2018 , 2017 and 2016 , respectively. In December 2018, the Company granted 90,000 shares of common stock with a per share price of $19.84 to key executives under the Stock Plan, resulting in a total compensation expense of approximately $1,786,000 to be recognized equally over the next three years as the shares vest. In December 2017, the Company granted 90,000 shares of common stock with a per share price of $22.19 to key executives under the Stock Plan, resulting in a total compensation expense of approximately $1,997,000 to be recognized equally over the next five years as the shares vest. A summary of restricted stock activity, related to the Stock Plan, is as follows ($ thousands, except for grant price amounts): Weighted-Average Aggregate Number of Shares Grant Price Intrinsic Value Outstanding at October 31, 2017 57,477 $ 18.83 Vested (62,056 ) $ 19.50 Forfeited — $ — Granted 130,861 $ 22.40 Outstanding at October 31, 2018 126,282 $ 22.04 $ 3,113 22. Stockholders’ Equity (continued) Dividend On December 18, 2018, the Company declared a $0.075 per share dividend which is to be paid on January 15, 2019 in the aggregate amount of $1,332,000 to common shareholders of record as of December 31, 2018. Public Offering of Common Stock In June 2018, the Company completed the sale of an aggregate of 3,136,362 shares of our common stock, at a price of $22.00 per share, to a limited number of institutional and other investors in a registered offering under the shelf registration statement. The offering represented 18% of our outstanding common stock on an after-issued basis as of June 25, 2018. Upon completion of the offering and issuance of common stock, the Company had 17,669,314 shares of common stock outstanding. The gross proceeds of the offering totaled $69,000,000 and after an underwriting discount of $4,485,000 and other offering expenses of $418,000 , the net proceeds received by the Company were $64,097,000 .

Fruit Growers Supply Cooperativ

Fruit Growers Supply Cooperative	12 Months Ended
Fruit Growers Supply Cooperative	Oct. 31, 2018
Fruit Growers Supply Cooperative [Abstract]
Fruit Growers Supply Cooperative	Fruit Growers Supply Cooperative The Company is a member of Fruit Growers Supply (“FGS”), a cooperative supply corporation. FGS is the manufacturing and supply affiliate of Sunkist. FGS allocates after-tax earnings derived from non-member business to members. The allocations may then be disbursed to members as dividends no less than five years after allocation. As of October 31, 2018 , and 2017 , the Company has been allocated $729,000 ; however, the declaration of dividends is subject to approval by the FGS Board of Directors and members may receive amounts less than those originally allocated. The Company records allocations disbursed by FGS as reductions of agribusiness expenses. The Company received no dividends in fiscal years 2018 , 2017 or 2016 . During September 2011, the Company settled a claim with Sunkist in which Sunkist requested a refund of $586,000 of fiscal year 2010 lemon by-products revenue. The Company assigned 50% of future dividends it receives from FGS up to the amount of claim in the unconditional settlement of the claim. The balance of the claim as of October 31, 2018 was $251,000 .

Segment Information

Segment Information	12 Months Ended
Segment Information	Oct. 31, 2018
Segment Reporting [Abstract]
Segment Information	Segment Information The Company operates in six reportable operating segments: fresh lemons, lemon packing, avocados, other 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 fresh lemons segment includes sales, farming and harvesting expenses and third-party grower costs relative to fresh lemons. The lemon packing segment includes packing revenues and shipping and handling revenues relative to lemon packing. The lemon packing segment expenses are comprised of lemon packing costs. The lemon packing segment revenues include inter-segment revenues between fresh lemons and lemon packing. The inter-segment revenues are included gross in the segment note and a separate line item is shown as an elimination. The avocados segment includes sales, farming and harvest costs. The other agribusiness segment includes sales, farming and harvesting of oranges, specialty citrus and other crops. The rental operations segment includes housing and commercial rental operations, leased land and organic recycling. The real estate development segment includes real estate development operations. The Company does not separately allocate depreciation and amortization to its fresh lemons, lemon packing, avocados and other agribusiness segments. 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 operating income, of its operating segments and allocates resources based on its evaluation. The Company does not allocate selling, general and administrative expense, other income, interest expense and income taxes, or specifically identify them to its operating segments. The Company earns packing revenue for packing lemons grown on its orchards and lemons procured from third-party growers. Intersegment revenues represent packing revenues related to lemons grown on the Company’s orchards. Prior to October 31, 2017, the Company combined its fresh lemons and lemon packing segments into one reportable segment called lemon operations. During 2017, following the completion and start-up activities of its new lemon packinghouse in 2016, the Company and its chief operating decision maker have emphasized the strategic importance and financial performance of its lemon packing operations and expanded processing volume with a focus on increasing the quantity of lemons procured from third-party growers. As a result, during the fourth quarter of 2017, the Company separated its lemon operations segment into two segments: fresh lemons and lemon packing. This change was made to align operating segments with the basis that the chief operating decision maker uses to review financial information to make decisions, assess performance, develop strategy and allocate capital resources. Additionally, the Company determined that avocados, which was previously aggregated in the other agribusiness 25. Segment Information (continued) segment, should be a separate reportable segment based upon the Company’s chief operating decision maker’s review of its operating results. Prior period disclosures have been recast to present results on a comparable basis. In October 2016, the Company re-purposed Windfall Farms from a real estate development project to an agricultural ranch and reclassified $26,779,000 of real estate development assets to property, plant and equipment. Windfall Farms was reclassified to the other agribusiness reportable segment from the real estate development segment in October 2016. Windfall Farms had limited real estate development activities prior to October 2016, with operating costs consisting primarily of property maintenance and taxes being the main components of its operating results. Segment information for fiscal year 2018 (in thousands): Fresh Lemons Lemon Packing Eliminations Avocados Other Agribusiness Total Agribusiness Rental Operations Real Estate Development Corporate and Other Total Revenues from external customers $ 94,840 $ 8,990 $ — $ 6,576 $ 13,938 $ 124,344 $ 5,048 $ — $ — $ 129,392 Intersegment revenue — 19,971 (19,971 ) — — — — — — — Total net revenues 94,840 28,961 (19,971 ) 6,576 13,938 124,344 5,048 — — 129,392 Costs and expenses 74,809 23,071 (19,971 ) 4,399 9,531 91,839 3,307 1,685 15,800 112,631 Depreciation and amortization — — — — — 6,244 778 — 253 7,275 Operating Income $ 20,031 $ 5,890 $ — $ 2,177 $ 4,407 $ 26,261 $ 963 $ (1,685 ) $ (16,053 ) $ 9,486 Segment information for fiscal year 2017 (in thousands): Fresh Lemons Lemon Packing Eliminations Avocados Other Agribusiness Total Agribusiness Rental Operations Real Estate Development Corporate and Other Total Revenues from external customers $ 85,439 $ 8,760 $ — $ 9,522 $ 12,148 $ 115,869 $ 5,440 $ — $ — $ 121,309 Intersegment revenue — 19,156 (19,156 ) — — — — — — — Total net revenues 85,439 27,916 (19,156 ) 9,522 12,148 115,869 5,440 — 121,309 Costs and expenses 67,414 21,567 (19,156 ) 4,136 11,712 85,673 3,170 405 13,731 102,979 Depreciation and amortization — — — — — 5,489 762 — 216 6,467 Operating Income $ 18,025 $ 6,349 $ — $ 5,386 $ 436 $ 24,707 $ 1,508 $ (405 ) $ (13,947 ) $ 11,863 Segment information for fiscal year 2016 (in thousands): Fresh Lemons Lemon Packing Eliminations Avocados Other Agribusiness Total Agribusiness Rental Operations Real Estate Development Corporate and Other Total Revenues from external customers $ 80,437 $ 4,830 $ — $ 10,767 $ 10,096 $ 106,130 $ 5,603 $ 56 $ — $ 111,789 Intersegment revenue — 17,123 (17,123 ) — — — — — — — Total net revenues 80,437 21,953 (17,123 ) 10,767 10,096 106,130 5,603 56 111,789 Costs and expenses 61,742 21,939 (17,123 ) 4,619 8,106 79,283 2,885 2,006 13,088 97,262 Depreciation and amortization — — — — — 4,321 732 55 231 5,339 Operating Income $ 18,695 $ 14 $ — $ 6,148 $ 1,990 $ 22,526 $ 1,986 $ (2,005 ) $ (13,319 ) $ 9,188 25. Segment Information (continued) The following table sets forth revenues by category, by segment for fiscal years 2018 , 2017 and 2016 (in thousands): Year Ended October 31, 2018 2017 2016 Fresh lemon $ 94,840 $ 85,439 $ 80,437 Lemon packing 28,961 27,916 21,953 Intersegment revenue (19,971 ) (19,156 ) (17,123 ) Lemon revenues 103,830 94,199 85,267 Avocados 6,576 9,522 10,767 Navel and Valencia oranges 8,884 7,099 6,143 Specialty citrus and other crops 5,054 5,049 3,953 Other agribusiness revenues 13,938 12,148 10,096 Agribusiness revenues 124,344 115,869 106,130 Residential and commercial rentals 3,472 3,589 3,555 Leased land 1,252 1,440 1,755 Organic recycling and other 324 411 293 Rental operations revenues 5,048 5,440 5,603 Real estate development revenues — — 56 Total revenues $ 129,392 $ 121,309 $ 111,789

Sale of Conservation Easement

Sale of Conservation Easement	12 Months Ended
Sale of Conservation Easement	Oct. 31, 2018
Sale Of Conservation Easement [Abstract]
Sale of Conservation Easement	Sale of Conservation Easement In October 2016, the Company sold a conservation easement on certain of its Ventura County property to The Nature Conservancy. The easement preserves 235 acres along the Santa Clara River in perpetuity from commercial and residential development and provides access to the river by certain groups for environmental study and observation. The sales price was $995,000 and the gain on the sale was $995,000 . The Company retains title to the property, the easement allows the Company to continue agriculture and related activities on the property and the post-easement, appraised value of the property exceeds its carrying value.

Subsequent Events

Subsequent Events	12 Months Ended
Subsequent Events	Oct. 31, 2018
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events The Company has evaluated events subsequent to October 31, 2018 through the date of this filing, to assess the need for potential recognition or disclosure in this Annual Report. Based upon this evaluation, except as disclosed in the notes to consolidated financial statements, it was determined that no other subsequent events occurred that require recognition or disclosure in the consolidated financial statements.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Oct. 31, 2018
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The 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 consolidated financial statements represent the consolidated balance sheets, statements of operations, statements of comprehensive income, statements of stockholders’ equity and temporary equity and statements of cash flows of Limoneira Company and its wholly owned subsidiaries. The Company’s material subsidiaries include: Limoneira Mercantile, LLC, Windfall Investors, LLC (“Windfall”), Templeton Santa Barbara, LLC, Associated Citrus Packers, Inc. (“Associated”), Limoneira Chile SpA, Limoneira EA 1 Land, LLC, San Pablo and PDA, in which the Company has a 90% ownership interest. All significant intercompany balances and transactions have been eliminated in consolidation. The Company considers the criteria established under the Financial Accounting Standards Board (“FASB”) – Accounting Standards Code (“ASC”) 810, Consolidations, and the effect of variable interest entities, in its consolidation process.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Accounts Receivable	Accounts Receivable The Company grants credit in the course of its operations to 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 other factors.
Concentrations	The Company maintains its cash in federally insured financial institutions. The account balances at these institutions periodically exceed Federal Deposit Insurance Corporation (“FDIC”) insurance coverage and, as a result, there is a concentration of risk related to amounts on deposit in excess of FDIC insurance coverage.
Cultural Costs	Cultural Costs Growing costs, also referred to as cultural costs, consist of orchard maintenance costs such as cultivation, fertilization and soil amendments, pest control, pruning and irrigation. Harvest costs are comprised of labor and equipment expenses incurred to harvest and deliver crops to the packinghouses. 2. Summary of Significant Accounting Policies (continued) Cultural Costs (continued) Lemons, oranges, specialty citrus and other crops such as pistachio nuts are grown in the Company’s San Joaquin Valley orchards. Additionally, lemons are grown in the Company’s Yuma County, Arizona orchards. These crops have distinct growing periods and distinct harvest and selling periods, each of which lasts approximately four to six months. During the growing period, cultural costs are capitalized as they are associated with benefiting and preparing the crops for the harvest and selling period. During the harvest and selling period, harvest costs and cultural costs are expensed when incurred and capitalized cultural costs are amortized as components of agribusiness costs and expenses. The Company grows lemons and avocados in its Ventura County orchards. Due to climate, growing conditions and the types of crops grown, the Ventura County orchards may be harvested and sold on a year-round basis. Accordingly, the Company does not capitalize cultural costs associated with its Ventura County orchards and therefore such costs, as well as harvest costs associated with the Ventura County orchards, are expensed to operations when incurred as components of agribusiness costs and expenses. Most cultural costs, including amortization of capitalized cultural costs, and harvest costs are associated with and charged to specific crops. Certain other costs, such as property taxes, indirect labor including farm supervision and management and irrigation that benefit multiple crops are allocated to crops on a per acre basis.
Income Taxes	Income Taxes Deferred income tax assets and liabilities are computed annually for differences between the financial statement and income tax bases of assets and liabilities that will result in taxable or deductible amounts in the future. Such deferred income tax asset and liability computations are based on enacted tax laws and rates applicable to periods in which the differences are expected to affect taxable income. A valuation allowance is established, when necessary, to reduce deferred income tax assets to the amount expected to be realized. Tax benefits from an uncertain tax position are only recognized if it is more likely than not that the tax position will be sustained upon examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment is stated at original cost, net of accumulated depreciation. Depreciation is computed using the straight-line method at rates based upon the estimated useful lives of the related assets as follows (in years): Land improvements 10 – 30 Buildings and building improvements 10 – 50 Equipment 5 – 20 Orchards 20 – 40 Costs of planting and developing orchards are capitalized until the orchards become commercially productive. Planting costs consist primarily of the costs to purchase and plant nursery stock. Orchard development costs consist primarily of maintenance costs of orchards such as cultivation, pruning, irrigation, labor, spraying and fertilization, and interest costs during the development period. The Company ceases the capitalization of costs and commences depreciation when the orchards become commercially productive and orchard maintenance costs are accounted for as cultural costs as described above.
Capitalized Interest	Capitalized Interest Interest is capitalized on real estate development projects and significant construction in progress using the weighted average interest rate during the fiscal year.
Real Estate Development Costs	Real Estate Development Costs The Company capitalizes the planning, entitlement, construction, development costs and interest associated with its various real estate projects. Costs that are not capitalized, which include property maintenance and repairs, general and administrative and marketing expenses, are expensed as incurred. A real estate development project is considered substantially complete upon the 2. Summary of Significant Accounting Policies (continued) Real Estate Development Costs (continued) cessation of construction and development activities. Once a project is substantially completed, future costs are expensed as incurred.
Equity in Investments	Equity in Investments Investments in unconsolidated joint ventures in which the Company has significant influence but less than a controlling interest, or is not the primary beneficiary if the joint venture is determined to be a Variable Interest Entity (“VIE”), are accounted for under the equity method of accounting and, accordingly, are adjusted for capital contributions, distributions and the Company’s equity in net earnings or loss of the respective joint venture.
Marketable Securities	Marketable Securities The Company classifies its marketable securities as available-for-sale. The Company’s investments in marketable securities are stated at fair value with unrealized gains (losses), net of tax, reported as a component of accumulated other comprehensive income (loss) in the Company’s consolidated statement of comprehensive income. At October 31, 2018 and 2017 , marketable securities are comprised of the Company’s investment in Calavo.
Long-Lived Assets	Long-Lived Assets The Company evaluates long-lived assets, including its definite-life intangible assets, for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. If the estimated undiscounted future cash flows from the use of an asset are less than the carrying value of that asset, a write-down is recorded to reduce the carrying value of the asset to its fair value. Assets held for sale are carried at the lower of cost or fair value less estimated cost to sell.
Intangible Assets	Intangible Assets Intangible assets consist primarily of acquired water and mineral rights, a patent and certain customer relationships, trade names and trademarks. Certain of the Company’s trade names and trademarks are being amortized on a straight-line basis over their estimated lives of eight years. The Company evaluates its indefinite-life intangible assets annually or whenever events or changes in circumstances indicate an impairment of the assets’ value may exist.
Goodwill	Goodwill Goodwill is tested for impairment on an annual basis or when an event or changes in circumstances indicate that its carrying value may not be recoverable. Goodwill impairment is tested at the reporting unit level, which is defined as an operating segment or one level below the operating segment. Goodwill impairment is tested in a two-step process, with the first step performed to determine if there is potential for impairment by comparing the fair value of the reporting unit to its carrying value. If potential impairment is identified as indicated by the carrying value exceeding the fair value of the reporting unit, the second step is performed to measure the amount of impairment to be recognized in the financial statements by comparing the implied fair value of goodwill to its carrying value. If the carrying value of goodwill exceeds its implied fair value, an impairment loss is recognized for the excess amount. Goodwill impairment testing involves significant judgment and estimates.
Fair Values of Financial Instruments	Fair Values of Financial Instruments The fair values of financial instruments are based on level-one indicators within the fair value hierarchy or quoted market prices, where available, or are estimated using the present value or other valuation techniques. Estimated fair values are significantly affected by the assumptions used. Accounts receivable, note receivable, accounts payable, growers payable and accrued liabilities reported on the Company’s consolidated balance sheets approximate their fair values due to the short-term nature of the instruments.
Derivative Financial Instruments	Derivative Financial Instruments The Company uses derivative financial instruments to manage its exposure to interest rates as well as to maintain an appropriate mix of fixed and floating-rate debt. Contract terms of a hedge instrument closely mirror those of the hedged item, providing a high 2. Summary of Significant Accounting Policies (continued) Derivative Financial Instruments (continued) degree of risk reduction and correlation. Contracts that are effective at meeting the risk reduction and correlation criteria are recorded using hedge accounting. If a derivative instrument is a hedge, depending on the nature of the hedge, changes in the fair value of the instrument will be either offset against the change in the fair value of the hedged assets, liabilities or firm commitments through earnings or be recognized in other comprehensive income until the hedged item is recognized in earnings. The ineffective portion of an instrument’s change in fair value will be immediately recognized in earnings. Instruments that do not meet the criteria for hedge accounting, or contracts for which the Company has not elected hedge accounting, are valued at fair value with unrealized gains or losses reported in earnings during the period of change.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Comprehensive income (loss) represents all changes in a company’s net assets, except changes resulting from transactions with shareholders, and is reported as a component of the Company’s stockholders’ equity.
Foreign Currency Translation	Foreign Currency Translation San Pablo and PDA’s functional currency is the Chilean Peso. Their balance sheets are translated to U.S. dollars at exchange rates in effect at the balance sheet date and their income statements are translated at average exchange rates during the reporting period. The resulting foreign currency translation adjustments are recorded as a separate component of accumulated other comprehensive income.
Revenue Recognition	Revenue Recognition Revenue and related costs are recognized when (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred, (iii) selling price is fixed or determinable and (iv) collectability is reasonably assured. The Company records a sales allowance in the period revenue is recognized as a provision for estimated customer discounts and concessions. Agribusiness revenue - Revenue from lemon sales is generally recognized FOB shipping point when the customer takes possession of the fruit from the Company’s packinghouse. Revenue from the sales of certain of the Company’s agricultural products is recorded based on estimated proceeds provided by certain of the Company’s sales and marketing partners (Calavo and other third-party packinghouses) due to the time between when the product is delivered by the Company and the closing of the pools for such fruits at the end of each month. Calavo and other third-party packinghouses are agricultural cooperatives or function in a similar manner as an agricultural cooperative. As such, the Company applies specific authoritative agriculture revenue recognition guidance related to transactions between patrons and agriculture marketing cooperatives to record revenue at time of delivery to the packinghouses relating to fruits that are in pools that have not yet closed at month end if: (a) the related fruits have been delivered to and accepted by Calavo and other third-party packinghouses (i.e., title has transferred to Calavo and other third-party packinghouses) and (b) sales price information has been provided by Calavo and other third-party packinghouses (based on the marketplace activity for the related fruit) to estimate with reasonable certainty the final selling price for the fruit upon the closing of the pools. Historically, the revenue that is recorded based on the sales price information provided to the Company by Calavo and other third-party packinghouses at the time of delivery, have not materially differed from the actual amounts that are paid after the monthly pools are closed. The Company also earns commissions on certain brokered fruit sales, which totaled $1,084,000 , $324,000 and $263,000 in fiscal years 2018 , 2017 and 2016 , respectively. The Company’s avocados, oranges, specialty citrus and other specialty crops are packed and sold by Calavo and other third-party packinghouses. The Company delivers all of its avocado production from its orchards to Calavo. These avocados are then packed by Calavo at its packinghouse, and sold and distributed under Calavo brands to its customers primarily in the United States and Canada. The Company’s arrangements with other third-party packinghouses related to its oranges, specialty citrus and other specialty crops are similar to its arrangement with Calavo. The Company’s arrangements with its third-party packinghouses are such that the Company is the producer and supplier of the product and the third-party packinghouses are the Company’s customers. The revenues the Company recognizes related to the fruits sold to the third-party packinghouses are based on the volume and quality of the fruits delivered, the market price for such fruit, less the packinghouses’ charges to pack and market the fruit. Such packinghouse charges include the grading, sizing, packing, cooling, ripening and marketing of the related fruit. The Company bears inventory risk until product is delivered to the third-party packinghouses at which time title and inventory risk to the product is transferred to the third-party packinghouses and revenue is recognized. Such third-party packinghouse charges are recorded as a reduction of revenue based on the application of specific authoritative revenue recognition guidance entitled “Vendor’s Income Statement Characterization of Consideration Given to a 2. Summary of Significant Accounting Policies (continued) Revenue Recognition (continued) Customer”. The identifiable benefit the Company receives from the third-party packinghouses for packaging and marketing services cannot be sufficiently separated from the third-party packinghouses’ purchase of the Company’s products. In addition, the Company is not able to reasonably estimate the fair value of the benefit received from the third-party packinghouses for such services and as such, these costs are characterized as a reduction of revenue in the Company’s consolidated statements of operations. Revenue from crop insurance proceeds is recorded when the amount of and the right to receive the payment can be reasonably determined. The Company recorded agribusiness revenues from crop insurance proceeds of $54,000 , $74,000 and $83,000 in fiscal years 2018 , 2017 and 2016 , respectively. Rental operations revenue - Minimum rental revenues are generally recognized on a straight-line basis over the respective initial lease term. Contingent rental revenues are contractually defined as to the percentage of rent received by the Company and are based on fees collected by the lessee. Such revenues are recognized when actual results, based on collected fees reported by the tenant, are received. The Company’s rental arrangements generally require payment on a monthly or quarterly basis. Real estate development revenue - The Company recognizes revenue on real estate development projects in accordance with FASB ASC 360-20, Real Estate Sales , which provides for profit to be recognized in full when real estate is sold provided that, a sale has been consummated and profit is determinable, collection of sales proceeds is estimable with the seller’s receivable not subject to subordination, risks and rewards of ownership have been transferred to the buyer and the earnings process is substantially complete with no significant seller activities or obligations required after the date of sale. To the extent the above conditions are not met, a portion or all of the profit is deferred. Incidental operations may occur during the holding or development period of real estate development projects to reduce holding or development costs. Incremental revenue from incidental operations in excess of incremental costs from incidental operations is accounted for as a reduction of development costs. Incremental costs from incidental operations in excess of incremental revenue from incidental operations are charged to operations.
Advertising Expense	Advertising Expense Advertising costs are expensed as incurred.
Leases	Leases The Company records rent expense for its operating leases on a straight-line basis from the lease commencement date as defined in the lease agreement until the end of the base lease term.
Basic and Diluted Net Income per Share	Basic and Diluted Net Income per Share Basic net income per common share is calculated using the weighted-average number of common shares outstanding during the period without consideration of the dilutive effect of preferred stock. Diluted net income per common share is calculated using the weighted-average number of common shares outstanding plus the dilutive effect of conversion of preferred stock. The Series B and Series B-2 convertible preferred shares were dilutive for fiscal year ended October 31, 2018 and anti-dilutive for fiscal years ended October 31, 2017 and 2016 , respectively. Unvested stock-based compensation awards that contain non-forfeitable rights to dividends as participating shares are included in computing earnings per share using the two-class method. The Company’s unvested, restricted stock awards qualify as participating shares.
Defined Benefit Retirement Plan	Defined Benefit Retirement Plan The Company sponsors a defined benefit retirement plan that was frozen in June 2004, and no future benefits have been accrued to participants subsequent to that time. Ongoing accounting for this plan under FASB ASC 715, Compensation – Retirement Benefits, provides guidance as to, among other things, future estimated pension expense, pension liability and minimum funding requirements. This information is provided to the Company by third-party actuarial consultants. In developing this data, certain estimates and assumptions are used, including among other things, discount rate, long-term rate of return and mortality tables. 2. Summary of Significant Accounting Policies (continued) Defined Benefit Retirement Plan (continued) During 2018, the Society of Actuaries (SOA) released a new mortality improvement scale table, referred to as MP-2018, which is believed to better reflect mortality improvements and is to be used in calculating defined benefit pension obligations. In addition, during fiscal year 2018 , the assumed discount rate to measure the pension obligation increased to 4.4% . The Company used the latest mortality tables released by the SOA through October 2018 to measure its pension obligation as of October 31, 2018 and combined with the assumed discount rate and other demographic assumptions, its pension liability decreased by approximately $1,454,000 as of October 31, 2018 . Further changes in any of these estimates could materially affect the amounts recorded that are related to our defined benefit retirement plan.
Recent Accounting Pronouncements	Recent Accounting Pronouncements FASB ASU 2014-09, Revenue from Contracts with Customers (Topic 606). In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 606).” This ASU affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards (e.g., insurance contracts or lease contracts). This ASU will supersede the revenue recognition requirements in Topic 605, Revenue Recognition, and most industry-specific guidance. This ASU also supersedes some cost guidance included in Subtopic 605-35, Revenue Recognition – Construction-Type and Production-Type Contracts. In addition, the existing requirements for the recognition of a gain or loss on the transfer of nonfinancial assets that are not in a contract with a customer (e.g., assets within the scope of Topic 360, Property, Plant, and Equipment, and tangible assets within the scope of Topic 350, Intangibles – Goodwill and Other) are amended to be consistent with the guidance on recognition and measurement (including the constraint on revenue) in this ASU. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps: • Identify the contract(s) with a customer. • Identify the performance obligations in the contract. • Determine the transaction price. • Allocate the transaction price to the performance obligations in the contract. • Recognize revenue when (or as) the entity satisfies a performance obligation. In March 2016, the FASB issued ASU 2016-08 (ASU 2016-08), Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net). ASU 2016-08 clarifies the implementation guidance on principal versus agent considerations. In April 2016, the FASB issued ASU 2016-10 (ASU 2016-10), Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing. ASU 2016-10 clarifies the implementation guidance on identifying performance obligations. These ASUs apply to all companies that enter into contracts with customers to transfer goods or services. In May 2016, the FASB issued, ASU 2016-12 (ASU 2016-12), Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients. ASU 2016-12 provides clarifying guidance in certain narrow areas and adds some practical expedients. The two permitted transition methods under the new standard are the full retrospective method, in which case the standard would be applied to each prior reporting period presented and the cumulative effect of applying the standard would be recognized at the earliest period shown, or the modified retrospective method, in which case the cumulative effect of applying the standard would be recognized at the date of initial application. The Company will adopt the standard in the first quarter of its fiscal year ending October 31, 2019 and anticipates using the modified retrospective method. The Company has inventoried and evaluated its current revenue streams and related contracts with customers in order to identify material differences, if any, that would result from applying the new requirements to its revenue contracts. Furthermore, the Company has evaluated the principal versus agent considerations as it relates to certain agreements with third parties and has determined that there will be an impact to the presentation of gross or net revenue reporting. The Company continues to evaluate the effect this ASU will have on its consolidated financial statements, however we do not expect the standard to have a material impact on our net consolidated results of operations or financial position and related disclosures. 2. Summary of Significant Accounting Policies (continued) FASB ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory The amendments in this ASU do not apply to inventory that is measured using last-in, first-out (“LIFO”) or the retail inventory method. The amendments apply to all other inventory, which includes inventory that is measured using first-in, first-out (“FIFO”) or average cost. An entity should measure in scope inventory at the lower of cost or net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is unchanged for inventory measured using LIFO or the retail inventory method. The Company’s adoption of this ASU had no impact on its consolidated financial statements. FASB ASU 2016-01, Financial Instruments Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities The amendments in ASU 2016-01, among other things, require equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. Requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. Requires separate presentation of financial assets and financial liabilities by measurement category and form of financial assets (i.e., securities or loans and receivables). Eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate fair value that is required to be disclosed for financial instruments measured at amortized cost. ASU 2016-01 is effective for public companies for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption is permitted. The Company is evaluating the effect this ASU may have on its consolidated financial statements, but believes the impact could be significant as the changes in the fair value of Calavo common stock will be recorded in the statement of operations. FASB ASU 2016-02, Leases (Topic 842) Under the new guidance, lessees will be required to recognize the following for all leases (with the exception of short-term leases) at the commencement date: • A lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis; and • A right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. Under the new guidance, lessor accounting is largely unchanged. Certain targeted improvements were made to align, where necessary, lessor accounting with the lessee accounting model and Topic 606, Revenue from Contracts with Customers. The new lease guidance simplified the accounting for sale and leaseback transactions primarily because lessees must recognize lease assets and lease liabilities. Lessees will no longer be provided with a source of off-balance sheet financing. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early application is permitted. Lessees (for capital and operating leases) and lessors (for sales-type, direct financing, and operating leases) must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The modified retrospective approach would not require any transition accounting for leases that expired before the earliest comparative period presented. Lessees and lessors may not apply a full retrospective transition approach. The ASU will be effective for the Company beginning in the first quarter of its fiscal year ending October 31, 2020. The Company is evaluating the effect this ASU may have on its consolidated financial statements, however it expects to apply the practical expedients provided in the ASU. Note 20 – Commitments and Contingencies – of the notes to consolidated financial statements included in this Annual Report describes its operating lease arrangements as of October 31, 2018 . FASB ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business This amendment clarifies the definition of a business. The amendment affects all companies and other reporting organizations that must determine whether they have acquired or sold a business. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. The amendment is intended to help companies and other organizations evaluate whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. 2. Summary of Significant Accounting Policies (continued) This amendment is effective for public companies for annual periods beginning after December 15, 2017, including interim periods within those periods. For all other companies and organizations, the amendment is effective for annual periods beginning after December 15, 2018, and interim periods within annual periods beginning after December 15, 2019. The amendment should be applied prospectively as of the beginning of the period of adoption. The Company early adopted this ASU during the quarter ended July 31, 2018 and as a result, the purchase of San Pablo was accounted for as an acquisition of assets. FASB ASU 2017-07, Compensation — Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost The amendment requires that an employer report the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. If a separate line item or items are used to present the other components of net benefit cost, that line item or items must be appropriately described. If a separate line item or items are not used, the line item or items used in the income statement to present the other components of net benefit cost must be disclosed. The amendment is effective for public business entities for annual periods beginning after December 15, 2017, including interim periods within those annual periods. Early adoption is permitted as of the beginning of an annual period for which financial statements (interim or annual) have not been issued or made available for issuance. The Company is evaluating the effect this ASU may have on its consolidated financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
Summary of Significant Accounting Policies (Tables)	Oct. 31, 2018
Accounting Policies [Abstract]
Schedule Of Property Plant And Equipment Useful Life	Depreciation is computed using the straight-line method at rates based upon the estimated useful lives of the related assets as follows (in years): Land improvements 10 – 30 Buildings and building improvements 10 – 50 Equipment 5 – 20 Orchards 20 – 40

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
Acquisitions (Tables)	Oct. 31, 2018
Fruticola San Pablo S.A. [Member]
Business Acquisition [Line Items]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	Below is a summary of the fair value of the net assets acquired on the acquisition date based on a third-party valuation, which is considered a Level 3 fair value measurement under FASB ASC 820, Fair Value Measurements and Disclosures (in thousands): Cultural costs $ 579 Land and land improvements 9,114 Buildings and equipment 207 Orchards 2,058 Water rights 1,153 Total assets acquired $ 13,111
Oxnard Lemon Associates, Ltd. [Member]
Business Acquisition [Line Items]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	Below is a summary of the fair value of the net assets acquired on the acquisition date based on a third-party valuation, which is considered a Level 3 fair value measurement under FASB ASC 820, Fair Value Measurements and Disclosures (in thousands): 3. Acquisitions Business Combinations (continued) Land and land improvements $ 7,294 Buildings and equipment 14,866 Customer relationships and trade names 2,270 Goodwill 570 Total assets acquired $ 25,000
Fruticola Pan de Azucar S.A. [Member]
Business Acquisition [Line Items]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	Below is a summary of the fair value of the net assets acquired on the Acquisition Date based on the third-party valuation, which is considered a Level 3 fair value measurement under FASB ASC 820, Fair Value Measurements and Disclosures (in thousands): Cultural costs $ 473 Other current assets 166 Land and land improvements 2,748 Buildings and equipment 206 Orchards 2,876 Investment in Rosales 1,021 Water rights 1,120 Deposit for land purchase 645 Goodwill 196 Total assets acquired 9,451 Current liabilities (122 ) Current and long-term debt (1,964 ) Deferred income taxes (1,026 ) Noncontrolling interest (633 ) Net cash paid $ 5,706

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
Fair Value Measurements (Tables)	Oct. 31, 2018
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table sets forth the Company’s financial assets and liabilities as of October 31, 2018 and 2017 that are measured on a recurring basis during the period, segregated by level within the fair value hierarchy (in thousands): 2018 Level 1 Level 2 Level 3 Total Assets at fair value: Available-for-sale securities $ 24,250 $ — $ — $ 24,250 2017 Level 1 Level 2 Level 3 Total Assets at fair value: Available-for-sale securities $ 22,110 $ — $ — $ 22,110 Liabilities at fair value: Derivative $ — $ 268 $ — $ 268

Prepaid Expenses and Other Cu_2

Prepaid Expenses and Other Current Assets (Tables)	12 Months Ended
Prepaid Expenses and Other Current Assets (Tables)	Oct. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Prepaid expenses	Prepaid expenses and other current assets consist of the following at October 31 (in thousands): 2018 2017 Prepaid insurance $ 647 $ 609 Prepaid supplies 1,196 806 Lemon supplier advances 170 271 Note receivable 2,797 — Deferred lease expense and other 694 958 Real estate development held for sale 5,024 4,337 $ 10,528 $ 6,981

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
Property, Plant and Equipment (Tables)	Oct. 31, 2018
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Property, plant and equipment consist of the following at October 31 (in thousands): 2018 2017 Land $ 93,245 $ 78,856 Land improvements 30,134 26,289 Buildings and building improvements 49,814 38,955 Equipment 54,854 47,223 Orchards 44,337 38,460 Construction in progress 20,709 18,867 293,093 248,650 Less accumulated depreciation (67,412 ) (60,425 ) $ 225,681 $ 188,225

Real Estate Development (Tables

Real Estate Development (Tables)	12 Months Ended
Real Estate Development (Tables)	Oct. 31, 2018
Real Estate [Abstract]
Schedule of Real Estate Properties	Real estate development assets are comprised primarily of land and land development costs and consist of the following at October 31 (in thousands): 2018 2017 East Areas I and II $ 107,162 $ 74,500 Templeton Santa Barbara, LLC — 6,582 $ 107,162 $ 81,082

Equity Investments (Tables)

Equity Investments (Tables)	12 Months Ended
Equity Investments (Tables)	Oct. 31, 2018
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	The following is unaudited financial information of the equity method investees for fiscal years 2018 , 2017 and 2016 (in thousands): 2018 Del Mar Romney Rosales LLC Total Assets $ 1,148 $ 676 $ 6,967 $ 125,886 $ 134,677 Liabilities $ — $ — $ 5,029 $ 56,932 $ 61,961 Equity 1,148 676 1,938 68,954 72,716 Total liabilities and equity $ 1,148 $ 676 $ 6,967 $ 125,886 $ 134,677 Revenues $ 2,893 $ 21 $ 13,630 $ 40 $ 16,584 Expenses 1,138 25 12,387 194 13,744 Net income (loss) $ 1,755 $ (4 ) $ 1,243 $ (154 ) $ 2,840 2017 Assets $ 1,269 $ 680 $ 2,645 $ 62,399 $ 66,993 Liabilities $ — $ — $ 1,853 $ 291 $ 2,144 Equity 1,269 680 792 62,108 64,849 Total liabilities and equity $ 1,269 $ 680 $ 2,645 $ 62,399 $ 66,993 Revenues $ 2,553 $ 20 $ 10,171 $ — $ 12,744 Expenses 966 29 10,192 89 11,276 Net income (loss) $ 1,587 $ (9 ) $ (21 ) $ (89 ) $ 1,468 2016 Assets $ 1,244 $ 690 $ 4,300 $ 47,332 $ 53,566 Liabilities $ — $ — $ 2,719 $ 36 $ 2,755 Equity 1,244 690 1,581 47,296 50,811 Total liabilities and equity $ 1,244 $ 690 $ 4,300 $ 47,332 $ 53,566 Revenues $ 3,452 $ 11 $ 7,639 $ — $ 11,102 Expenses 910 24 6,979 1 7,914 Net income (loss) $ 2,542 $ (13 ) $ 660 $ (1 ) $ 3,188
Schedule Of Earnings And Losses Of Equity Method Investees	The Company’s investment and equity in earnings (losses) of the equity method investees are as follows (in thousands): Del Mar Romney Rosales LLC Total Investment balance October 31, 2015 $ 1,004 $ 531 $ 1,512 $ — $ 3,047 Equity earnings (losses) 603 (9 ) 40 — 634 Cash distributions (586 ) — (56 ) — (642 ) Investment contributions 940 — — 2,275 3,215 Investment balance October 31, 2016 1,961 522 1,496 2,275 6,254 Equity earnings (losses) 446 (7 ) (299 ) (91 ) 49 Cash distributions (439 ) — (273 ) — (712 ) Investment contributions — — 1,020 7,450 8,470 Investment balance October 31, 2017 1,968 515 1,944 9,634 14,061 Equity earnings (losses) 493 (3 ) 247 (154 ) 583 Cash distributions (526 ) — — — (526 ) Investment contributions — — — 3,500 3,500 Loan guarantee — — — 1,080 1,080 Investment balance October 31, 2018 $ 1,935 $ 512 $ 2,191 $ 14,060 $ 18,698

Other Assets (Tables)

Other Assets (Tables)	12 Months Ended
Other Assets (Tables)	Oct. 31, 2018
Other Assets [Abstract]
Schedule of Other Assets	Other assets consist of the following at October 31 (in thousands): 2018 2017 Investments in mutual water companies $ 5,026 $ 4,686 Acquired water and mineral rights 3,783 2,655 Deposit for land purchase 593 645 Deferred lease assets and other 396 448 Note receivable 566 625 Revolving funds and memberships 267 265 Acquired trade names, trademarks and customer relationships 2,442 233 Goodwill 1,431 876 $ 14,504 $ 10,433
Schedule of Future Amortization	Based on current information, estimated future amortization expense of intangible assets are as follows (in thousands): 2019 $ 358 2020 358 2021 348 2022 297 2023 297 Thereafter 855 $ 2,513

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	12 Months Ended
Accrued Liabilities (Tables)	Oct. 31, 2018
Accounts Payable and Accrued Liabilities, Current [Abstract]
Schedule of Accrued Liabilities	Accrued liabilities consist of the following at October 31 (in thousands): 2018 2017 Compensation $ 2,784 $ 2,367 Property taxes 785 599 Interest 297 327 Deferred rental income and deposits 497 636 Lease expense 378 137 Lemon supplier payables 1,214 166 Capital expenditures, reserves and other 1,769 945 $ 7,724 $ 5,177

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
Long-Term Debt (Tables)	Oct. 31, 2018
Debt Disclosure [Abstract]
Schedule of Long-term Debt	Long-term debt is comprised of the following at October 31 (in thousands): 2018 2017 Farm Credit West revolving and non-revolving lines of credit: the interest rate of the revolving line of credit is variable based on the one-month London Interbank Offered Rate (“LIBOR”), which was 2.23% at October 31, 2018, plus 1.85%. On July 1, 2018, the interest rate for the $40.0 million outstanding balance of the non-revolving line of credit was fixed at 4.77%. Interest is payable monthly and the principal is due in full on July 1, 2022. $ 50,888 $ 74,556 Farm Credit West term loan: the interest rate is variable and was 4.70% at October 31, 2018. The loan is payable in quarterly installments through November 2022. 2,602 3,155 Farm Credit West term loan: the interest rate is variable and was 4.70% at October 31, 2018. The loan is payable in monthly installments through October 2035. 1,122 1,167 Farm Credit West term loan: the interest rate is fixed at 4.70%. The loan is payable in monthly installments though March 2036. 9,172 9,504 Farm Credit West term loan: the interest rate is fixed at 3.62% until March 2021, becoming variable for the remainder of the loan. The loan is payable in monthly installments through March 2036. 6,808 7,083 Wells Fargo term loan: the interest rate is fixed at 3.58%. The loan is payable in monthly installments through January 2023. 6,367 7,730 Banco de Chile term loan: the interest rate is fixed at 6.48%. The loan is payable in annual installments through January 2025. 1,857 2,106 Note Payable: the interest rate ranges from 5.0% to 7.0% and was 5.0% at October 31, 2018. The loan includes interest-only monthly payments and principal is due in February 2023. 1,435 — Subtotal 80,251 105,301 Less deferred financing costs 158 188 Total long-term debt, net 80,093 105,113 Less current portion 3,127 3,030 Long-term debt, less current portion $ 76,966 $ 102,083
Schedule of Maturities of Long-term Debt	Principal payments on the Company’s long-term debt are due as follows (in thousands): 2019 $ 3,127 2020 2,923 2021 3,035 2022 54,041 2023 2,967 Thereafter 14,158 $ 80,251

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	12 Months Ended
Derivative Instruments and Hedging Activities (Tables)	Oct. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	Derivative financial instruments consist of the following at October 31 (in thousands): Notional Amount Fair Value Liability 2018 2017 2018 2017 Pay fixed-rate, receive floating-rate forward interest rate swap, beginning July 2013 until June 2018 $ — $ 40,000 $ — $ 268

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
Earnings Per Share (Tables)	Oct. 31, 2018
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic	Year ended October 31, 2018 2017 2016 Basic net income per common share: Net income applicable to common stock $ 19,687 $ 6,035 $ 7,430 Effect of unvested, restricted stock (34 ) — — Numerator: Net income for basic EPS 19,653 6,035 7,430 Denominator: Weighted average common shares-basic 15,581 14,315 14,168 Basic net income per common share $ 1.26 $ 0.42 $ 0.52 Diluted net income per common share: Numerator: Net income for diluted EPS $ 20,188 $ 6,595 $ 8,058 Denominator: Weighted average common shares-basic 15,581 14,315 14,168 Effect of dilutive unvested, restricted stock and preferred stock 628 — — Weighted average common shares-diluted 16,209 14,315 14,168 Diluted net income per common share $ 1.25 $ 0.42 $ 0.52

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Oct. 31, 2018
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign	A reconciliation of income before income taxes for domestic and foreign locations for the years ended October 31, 2018 , 2017 and 2016 are as follows (in thousands): 2018 2017 2016 United States $ 13,099 $ 11,386 $ 13,285 Foreign 384 (760 ) 40 Income before income taxes $ 13,483 $ 10,626 $ 13,325
Schedule of Components of Income Tax Expense (Benefit)	The components of the provisions for income taxes for fiscal years 2018 , 2017 and 2016 are as follows (in thousands): 2018 2017 2016 Current: Federal $ 35 $ (1,217 ) $ 1,736 State (444 ) (527 ) (749 ) Foreign (169 ) (41 ) (59 ) Total current (provision) benefit (578 ) (1,785 ) 928 Deferred: Federal 7,393 (2,282 ) (5,942 ) State (212 ) (238 ) (253 ) Foreign 126 228 — Total deferred benefit (provision) 7,307 (2,292 ) (6,195 ) Total benefit (provision) $ 6,729 $ (4,077 ) $ (5,267 )
Schedule of Deferred Tax Assets and Liabilities	The components of deferred income tax assets (liabilities) at October 31, 2018 and 2017 are as follows (in thousands): 2018 2017 Deferred income tax assets: Labor accruals $ 194 $ 286 State income taxes 97 191 Net operating losses 706 — Prepaid insurance and other 457 442 Impairments of real estate development assets 1,557 3,186 Derivative instruments — 105 Minimum pension liability adjustment 644 1,512 Amortization 203 360 Total deferred income tax assets 3,858 6,082 Deferred income tax liabilities: Property taxes (165 ) (234 ) Depreciation (13,230 ) (15,114 ) Book and tax basis difference of acquired assets (9,886 ) (14,444 ) Unrealized net gain on Calavo investment (5,830 ) (7,490 ) Other (119 ) (215 ) Total deferred income tax liabilities (29,230 ) (37,497 ) Net deferred income tax liabilities $ (25,372 ) $ (31,415 )
Schedule of Effective Income Tax Rate Reconciliation	The income tax provision differs from that computed using the federal statutory rate applied to income before taxes as follows for fiscal years 2018 , 2017 and 2016 ($ in thousands): 2018 2017 2016 Amount % Amount % Amount % Provision at statutory rates $ (3,125 ) (23.3 )% $ (3,613 ) (34.0 )% $ (4,530 ) (34.0 )% State income tax, net of federal benefit (768 ) (5.7 )% (580 ) (5.5 )% (733 ) (5.5 )% Dividend exclusion 49 0.4 % 67 0.6 % 72 0.5 % Production deduction — — 148 1.4 % 50 0.4 % Tax law change 10,295 76.4 % — — — — Other permanent items 278 2.1 % (99 ) (0.9 )% (126 ) (0.9 )% Total income tax benefit (provision) $ 6,729 49.9 % $ (4,077 ) (38.4 )% $ (5,267 ) (39.5 )%

Retirement Plans (Tables)

Retirement Plans (Tables)	12 Months Ended
Retirement Plans (Tables)	Oct. 31, 2018
Retirement Benefits [Abstract]
Schedule of Net Benefit Cost	The components of net periodic benefit cost for the Plan for fiscal years 2018 and 2017 were as follows (in thousands): 2018 2017 Administrative expenses $ 254 $ 306 Interest cost 770 775 Expected return on plan assets (1,071 ) (1,053 ) Prior service cost 45 45 Amortization of net loss 700 833 Net periodic benefit cost $ 698 $ 906
Schedule of Defined Benefit Plan	Following is a summary of the Plan’s funded status as of October 31, (in thousands): 2018 2017 Change in benefit obligation: Benefit obligation at beginning of year $ 22,268 $ 22,439 Administrative expenses 254 306 Interest cost 770 775 Benefits paid (1,555 ) (1,425 ) Actuarial (gain) loss (2,096 ) 173 Benefit obligation at end of year $ 19,641 $ 22,268 Change in plan assets: Fair value of plan assets at beginning of year $ 18,410 $ 16,820 Actual return on plan assets (218 ) 2,290 Employer contributions 600 725 Benefits paid (1,555 ) (1,425 ) Fair value of plan assets at end of year $ 17,237 $ 18,410 Reconciliation of funded status: Fair value of plan assets $ 17,237 $ 18,410 Benefit obligations 19,641 22,268 Net plan obligations $ (2,404 ) $ (3,858 ) Amounts recognized in statements of financial position: Noncurrent assets $ — $ — Current liabilities — — Noncurrent liabilities (2,404 ) (3,858 ) Net obligation recognized in statements of financial position $ (2,404 ) $ (3,858 ) Reconciliation of amounts recognized in statements of financial position: Prior service cost $ (233 ) $ (277 ) Net loss (5,418 ) (6,926 ) Accumulated other comprehensive loss (5,651 ) (7,203 ) Accumulated contributions in excess of net periodic benefit cost 3,247 3,345 Net deficit recognized in statements of financial position $ (2,404 ) $ (3,858 )
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive (Income) Loss	Presented below are changes in accumulated other comprehensive income, before tax, in the Plan as of October 31, (in thousands): 2018 2017 Changes recognized in other comprehensive income: Net gain arising during the year $ (807 ) $ (1,064 ) Amortization of prior service cost (45 ) (45 ) Amortization of net loss (700 ) (833 ) Total recognized in other comprehensive income $ (1,552 ) $ (1,942 ) Total recognized in net periodic benefit and other comprehensive income $ (854 ) $ (1,036 )
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year	Presented below is the October 31, year-ended estimated amount that will be amortized from accumulated other comprehensive income over the next fiscal year (in thousands): 2018 Initial net asset (obligation) $ — Prior service cost (45 ) Net loss (402 ) Total $ (447 )
Schedule of Assumptions	The following assumptions, as of October 31, were used in determining benefit obligations and net periodic benefit cost ($ in thousands): 2018 2017 Weighted-average assumptions used to determine benefit obligations: Discount rate 4.40 % 3.60 % Assumptions used to determine net periodic benefit cost: Discount rate 3.60 % 3.60 % Expected return on plan assets 6.21 % 6.24 % Additional year-end information: Projected benefit obligation $ 19,641 $ 22,268 Accumulated benefit obligation $ 19,641 $ 22,268 Fair value of plan assets $ 17,237 $ 18,410
Schedule of Expected Benefit Payments	Benefit payments are expected to be paid during the following fiscal years (in thousands): 2019 $ 1,268 2020 1,270 2021 1,283 2022 1,301 2023 1,340 2024-2027 6,719 $ 13,181
Schedule of Allocation of Plan Assets	The following table sets forth the Plan’s assets as of October 31, 2018 , segregated by level using the hierarchy established by FASB ASC 820, Fair Value Measurements and Disclosures (in thousands): Level 1 Level 2 Level 3 Total Cash and cash equivalents $ 187 $ — $ — $ 187 Mutual funds 1,245 — — 1,245 Pooled funds — 15,805 — 15,805 $ 1,432 $ 15,805 $ — $ 17,237

Other Long-Term Liabilities (Ta

Other Long-Term Liabilities (Tables)	12 Months Ended
Other Long-Term Liabilities (Tables)	Oct. 31, 2018
Other Liabilities Disclosure [Abstract]
Other Noncurrent Liabilities	Other long-term liabilities consist of the following at October 31, (in thousands): 2018 2017 Minimum pension liability $ 2,404 $ 3,858 Loan guarantee 1,080 — Deferred gain and other 163 62 $ 3,647 $ 3,920

Operating Lease Income (Tables)

Operating Lease Income (Tables)	12 Months Ended
Operating Lease Income (Tables)	Oct. 31, 2018
Leases, Operating [Abstract]
Schedule Of Future Minimum Rental Receivables For Operating Leases	The future minimum lease payments to be received by the Company related to these net operating lease agreements as of October 31, 2018 , are as follows (in thousands): 2019 $ 1,138 2020 453 2021 313 2022 323 2023 278 Thereafter 569 $ 3,074

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
Commitments and Contingencies (Tables)	Oct. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	Minimum future lease payments are as follows (in thousands): 2019 $ 522 2020 495 2021 496 2022 438 2023 156 Thereafter 2,092 $ 4,199

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
Stockholders' Equity (Tables)	Oct. 31, 2018
Stockholders' Equity Note [Abstract]
Schedule of Compensation Expense	Stock-based compensation expense is recognized over the performance and vesting periods as summarized below ($ in thousands): Performance Shares Year Ended October 31, Year Granted 2018 2017 2016 2014 42,085 $ — $ — $ 352 2015 27,424 — 144 140 2016 44,688 98 256 544 2017 41,291 219 605 — 2018 130,094 742 — — $ 1,059 $ 1,005 $ 1,036
Summary of Restricted Stock Activity	A summary of restricted stock activity, related to the Stock Plan, is as follows ($ thousands, except for grant price amounts): Weighted-Average Aggregate Number of Shares Grant Price Intrinsic Value Outstanding at October 31, 2017 57,477 $ 18.83 Vested (62,056 ) $ 19.50 Forfeited — $ — Granted 130,861 $ 22.40 Outstanding at October 31, 2018 126,282 $ 22.04 $ 3,113

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
Segment Information (Tables)	Oct. 31, 2018
Segment Reporting [Abstract]
Schedule of Segment Reporting	Segment information for fiscal year 2018 (in thousands): Fresh Lemons Lemon Packing Eliminations Avocados Other Agribusiness Total Agribusiness Rental Operations Real Estate Development Corporate and Other Total Revenues from external customers $ 94,840 $ 8,990 $ — $ 6,576 $ 13,938 $ 124,344 $ 5,048 $ — $ — $ 129,392 Intersegment revenue — 19,971 (19,971 ) — — — — — — — Total net revenues 94,840 28,961 (19,971 ) 6,576 13,938 124,344 5,048 — — 129,392 Costs and expenses 74,809 23,071 (19,971 ) 4,399 9,531 91,839 3,307 1,685 15,800 112,631 Depreciation and amortization — — — — — 6,244 778 — 253 7,275 Operating Income $ 20,031 $ 5,890 $ — $ 2,177 $ 4,407 $ 26,261 $ 963 $ (1,685 ) $ (16,053 ) $ 9,486 Segment information for fiscal year 2017 (in thousands): Fresh Lemons Lemon Packing Eliminations Avocados Other Agribusiness Total Agribusiness Rental Operations Real Estate Development Corporate and Other Total Revenues from external customers $ 85,439 $ 8,760 $ — $ 9,522 $ 12,148 $ 115,869 $ 5,440 $ — $ — $ 121,309 Intersegment revenue — 19,156 (19,156 ) — — — — — — — Total net revenues 85,439 27,916 (19,156 ) 9,522 12,148 115,869 5,440 — 121,309 Costs and expenses 67,414 21,567 (19,156 ) 4,136 11,712 85,673 3,170 405 13,731 102,979 Depreciation and amortization — — — — — 5,489 762 — 216 6,467 Operating Income $ 18,025 $ 6,349 $ — $ 5,386 $ 436 $ 24,707 $ 1,508 $ (405 ) $ (13,947 ) $ 11,863 Segment information for fiscal year 2016 (in thousands): Fresh Lemons Lemon Packing Eliminations Avocados Other Agribusiness Total Agribusiness Rental Operations Real Estate Development Corporate and Other Total Revenues from external customers $ 80,437 $ 4,830 $ — $ 10,767 $ 10,096 $ 106,130 $ 5,603 $ 56 $ — $ 111,789 Intersegment revenue — 17,123 (17,123 ) — — — — — — — Total net revenues 80,437 21,953 (17,123 ) 10,767 10,096 106,130 5,603 56 111,789 Costs and expenses 61,742 21,939 (17,123 ) 4,619 8,106 79,283 2,885 2,006 13,088 97,262 Depreciation and amortization — — — — — 4,321 732 55 231 5,339 Operating Income $ 18,695 $ 14 $ — $ 6,148 $ 1,990 $ 22,526 $ 1,986 $ (2,005 ) $ (13,319 ) $ 9,188 25. Segment Information (continued) The following table sets forth revenues by category, by segment for fiscal years 2018 , 2017 and 2016 (in thousands): Year Ended October 31, 2018 2017 2016 Fresh lemon $ 94,840 $ 85,439 $ 80,437 Lemon packing 28,961 27,916 21,953 Intersegment revenue (19,971 ) (19,156 ) (17,123 ) Lemon revenues 103,830 94,199 85,267 Avocados 6,576 9,522 10,767 Navel and Valencia oranges 8,884 7,099 6,143 Specialty citrus and other crops 5,054 5,049 3,953 Other agribusiness revenues 13,938 12,148 10,096 Agribusiness revenues 124,344 115,869 106,130 Residential and commercial rentals 3,472 3,589 3,555 Leased land 1,252 1,440 1,755 Organic recycling and other 324 411 293 Rental operations revenues 5,048 5,440 5,603 Real estate development revenues — — 56 Total revenues $ 129,392 $ 121,309 $ 111,789

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Textual) (Details) - USD ($)	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016	Feb. 24, 2017
Accounting Policies [Line Items]
Allowance for accounts receivable	$ 563,000	$ 577,000
Capitalized interest costs	2,407,000	2,022,000
Real estate capitalized interest costs	32,662,000	8,403,000
Goodwill impairment	0
Brokerage commissions revenue	1,084,000	324,000	$ 263,000
Agribusiness revenues from crop insurance proceeds	54,000	74,000	83,000
Advertising expense	$ 107,000	173,000	264,000
Discount rate	4.40%
Actuarial (gain) loss	$ 1,454,000
Avocado [Member]
Accounting Policies [Line Items]
Total revenues	$ 6,576,000	$ 9,522,000	$ 10,767,000
Lemon [Member] \| Sales Revenue, Net [Member]
Accounting Policies [Line Items]
Concentration risk, percentage	50.00%	43.00%
Lemon [Member] \| Supplier Concentration Risk [Member] \| Sales Revenue, Net [Member]
Accounting Policies [Line Items]
Concentration risk, percentage	45.00%	44.00%	42.00%
Fruticola Pan de Azucar S.A. [Member]
Accounting Policies [Line Items]
Percentage of stock acquired	90.00%			90.00%

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Property, plant and equipment) (Details)	12 Months Ended
	Oct. 31, 2018
Land Improvements [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	30 years
Land Improvements [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	10 years
Building and Building Improvements [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	50 years
Building and Building Improvements [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	10 years
Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	20 years
Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	5 years
Orchards [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	40 years
Orchards [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	20 years

Acquisitions (Textual) (Details

Acquisitions (Textual) (Details)	Jul. 26, 2018USD ($)	Jul. 18, 2018USD ($)aparcel	Feb. 24, 2017USD ($)a	Aug. 31, 2017USD ($)	Oct. 31, 2018USD ($)	Jul. 31, 2018USD ($)	Oct. 31, 2018USD ($)	Oct. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Oct. 31, 2016USD ($)a
Business Acquisition [Line Items]
Area of land (acres) \| a										235
Purchase price							$ 25,000,000	$ 5,706,000		$ 0
Change in contingent consideration, asset				$ 193,000
Change in contingent consideration, liability				94,000
Cash acquired				$ 94,000
Limoneira Company [Member]
Business Acquisition [Line Items]
Ownership percentage			35.00%		47.00%		47.00%
Fruticola San Pablo S.A. [Member]
Business Acquisition [Line Items]
Total purchase price		$ 13,000,000
Area of land (acres) \| a		3,317
Number of parcels \| parcel		2
Transaction costs		$ 111,000
Revenue since acquisition							$ 552,000
Net income (loss) since acquisition							(202,000)
Pro forma revenue							130,262,000	122,283,000
Pro forma net income (loss)							18,785,000	5,862,000
Assets acquired		$ 13,111,000
Oxnard Lemon Associates, Ltd. [Member]
Business Acquisition [Line Items]
Total purchase price							25,000,000
Revenue since acquisition							120,000
Net income (loss) since acquisition							139,000
Pro forma revenue							142,253,000	143,399,000
Pro forma net income (loss)							$ 19,728,000	7,474,000
Initial consideration	$ 24,750,000
Additional consideration paid					$ 250,000
Acquistion costs						$ 142,000
Assets acquired	$ 25,000,000
Fruticola Pan de Azucar S.A. [Member]
Business Acquisition [Line Items]
Area of land (acres) \| a			200
Revenue since acquisition								1,059,000	$ 1,900,000
Net income (loss) since acquisition								(415,000)
Pro forma revenue								121,920,000		113,678,000
Pro forma net income (loss)								6,654,000	$ 450,000	$ 8,586,000
Acquistion costs								$ 57,000
Percentage of stock acquired			90.00%		90.00%		90.00%
Purchase price			$ 5,800,000
Long-term debt acquired			$ 1,700,000
Ownership percentage			13.00%		10.00%		10.00%
Term purchase proceeds withheld							6 months
Assets acquired			$ 9,451,000
Fruticola Pan de Azucar S.A. [Member] \| Stockholder [Member]
Business Acquisition [Line Items]
Ownership percentage					53.00%		53.00%
Lemons [Member] \| Fruticola San Pablo S.A. [Member]
Business Acquisition [Line Items]
Area of land (acres) \| a		247
Oranges [Member] \| Fruticola San Pablo S.A. [Member]
Business Acquisition [Line Items]
Area of land (acres) \| a		61
Lemon Production [Member] \| Fruticola San Pablo S.A. [Member]
Business Acquisition [Line Items]
Area of land (acres) \| a		120
Avocado [Member] \| Fruticola San Pablo S.A. [Member]
Business Acquisition [Line Items]
Area of land (acres) \| a		500

Acquisitions (Schedule of net a

Acquisitions (Schedule of net assets acquired) (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Jul. 26, 2018	Jul. 18, 2018	Oct. 31, 2017	Feb. 28, 2017	Feb. 24, 2017	Sep. 30, 2013
Business Acquisition [Line Items]
Goodwill	$ 1,431			$ 876			$ 680
Fruticola San Pablo S.A. [Member]
Business Acquisition [Line Items]
Cultural costs			$ 579
Land and land improvements			9,114
Buildings and equipment			207
Orchards			2,058
Total assets acquired			13,111
Oxnard Lemon Associates, Ltd. [Member]
Business Acquisition [Line Items]
Land and land improvements		$ 7,294
Buildings and equipment		14,866
Goodwill		570
Total assets acquired		25,000
Fruticola Pan de Azucar S.A. [Member]
Business Acquisition [Line Items]
Cultural costs						$ 473
Other current assets						166
Land and land improvements						2,748
Buildings and equipment						206
Orchards						2,876
Investment in Rosales						1,021
Deposit for land purchase						645
Goodwill					$ 196	196
Total assets acquired						9,451
Current liabilities						(122)
Current and long-term debt						(1,964)
Deferred income taxes						(1,026)
Noncontrolling interest						(633)
Net cash paid						5,706
Customer Relationships and Trade name [Member] \| Oxnard Lemon Associates, Ltd. [Member]
Business Acquisition [Line Items]
Intangible assets		$ 2,270
Water Rights [Member] \| Fruticola San Pablo S.A. [Member]
Business Acquisition [Line Items]
Intangible assets			$ 1,153
Water Rights [Member] \| Fruticola Pan de Azucar S.A. [Member]
Business Acquisition [Line Items]
Intangible assets						$ 1,120

Fair Value Measurements (Schedu

Fair Value Measurements (Schedule of Fair Value) (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Oct. 31, 2018	Oct. 31, 2017
Assets at fair value:
Available-for-sale securities	$ 24,250	$ 22,110
Liabilities at fair value:
Derivative		268
Fair Value, Inputs, Level 1 [Member]
Assets at fair value:
Available-for-sale securities	24,250	22,110
Liabilities at fair value:
Derivative		0
Fair Value, Inputs, Level 2 [Member]
Assets at fair value:
Available-for-sale securities	0	0
Liabilities at fair value:
Derivative		268
Fair Value, Inputs, Level 3 [Member]
Assets at fair value:
Available-for-sale securities	$ 0	0
Liabilities at fair value:
Derivative		$ 0

Fair Value Measurements (Textua

Fair Value Measurements (Textual) (Details) - Calavo Growers Incorporated [Member] - $ / shares	Oct. 31, 2018	Oct. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment owned shares (in shares)	250,000	300,000
Ownership percentage	1.40%	1.70%
Equity method investment, price per share (in dollars per share)	$ 97	$ 73.70

Prepaid Expenses and Other Cu_3

Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Oct. 31, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid insurance	$ 647	$ 609
Prepaid supplies	1,196	806
Lemon supplier advances	170	271
Note receivable	2,797	0
Deferred lease expense and other	694	958
Real estate development held for sale	5,024	4,337
Total prepaid expenses and other current assets	$ 10,528	$ 6,981

Property, Plant and Equipment_2

Property, Plant and Equipment (Schedule of property, plant and equipment) (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Oct. 31, 2017
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 293,093	$ 248,650
Less accumulated depreciation	(67,412)	(60,425)
Total property, plant and equipment	225,681	188,225
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	93,245	78,856
Land Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	30,134	26,289
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	49,814	38,955
Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	54,854	47,223
Orchards [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	44,337	38,460
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 20,709	$ 18,867

Property, Plant and Equipment_3

Property, Plant and Equipment (Textual) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Property, Plant and Equipment [Abstract]
Depreciation	$ 7,178	$ 6,370	$ 5,243

Real Estate Development (Schedu

Real Estate Development (Schedule of real estate development) (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Oct. 31, 2017
Real Estate Properties [Line Items]
Real estate development assets	$ 107,162	$ 81,082
East Areas I and II [Member]
Real Estate Properties [Line Items]
Real estate development assets	107,162	74,500
Templeton Santa Barbara, LLC [Member]
Real Estate Properties [Line Items]
Real estate development assets	$ 0	$ 6,582

Real Estate Development (Textua

Real Estate Development (Textual) (Details)	Feb. 28, 2018USD ($)	Jan. 31, 2018USD ($)	Nov. 30, 2017USD ($)	Aug. 08, 2017	Jan. 28, 2016USD ($)	Nov. 10, 2015USD ($)representative	Feb. 28, 2013USD ($)a	Dec. 31, 2018USD ($)	Nov. 30, 2018USD ($)	Oct. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Oct. 31, 2017USD ($)	Aug. 31, 2017USD ($)	Mar. 31, 2017USD ($)	Sep. 30, 2015USD ($)	Jan. 31, 2016USD ($)	Oct. 31, 2018USD ($)payment	Oct. 31, 2017USD ($)	Oct. 31, 2016USD ($)	Oct. 31, 2015USD ($)	Oct. 31, 2014USD ($)	Oct. 31, 2005aproperty	Oct. 31, 2004USD ($)
Real Estate Properties [Line Items]
Increase in real estate development																	$ 27,934,000	$ 7,047,000	$ 3,349,000
Payment to acquire equity method investment																	3,500,000	7,450,000	2,890,000
Basis on interest rate				3.50%
Long-term debt, gross										$ 80,251,000		$ 105,301,000					80,251,000	105,301,000
Purchase of real estate development																	1,444,000	0	0
Impairment of real estate development assets																	1,558,000	120,000	0
Proceeds from sale of real estate														$ 3,200,000
Gains (losses) from sale of investment real estate																	25,000	0	0
Deferred gain																							$ 161,000
Real estate development held for sale										$ 5,024,000		4,337,000					5,024,000	4,337,000
Centennial Property [Member]
Real Estate Properties [Line Items]
Proceeds from sale of real estate											$ 179,000
Proceeds from issuance of debt											$ 3,000,000
Real estate development held for sale												3,250,000						3,250,000
East Areas 1 and 2 [Member]
Real Estate Properties [Line Items]
Number of real estate properties \| property																						2
Number of acres of land for real estate development \| a																						550
Increase (decrease) in real estate																	32,662,000	8,403,000
Development expense																	23,000	113,000	1,161,000
Payment to acquire equity method investment																	$ 3,500,000	7,450,000
Lewis Group of Companies [Member]
Real Estate Properties [Line Items]
Ownership percentage						50.00%
Cost of equity method investment						$ 20,000,000
Proceeds from sale of equity method investment						$ 18,000,000									$ 2,000,000
Financing costs					$ 2,100,000
East Area 1 [Member]
Real Estate Properties [Line Items]
Lease term						5 years
Percentage of improvements costs required to be paid										28.50%							28.50%
Maximum improvement costs required to be paid										$ 5,000,000							$ 5,000,000
Limoneira Lewis Community Builders, LLC Agreement [Member]
Real Estate Properties [Line Items]
Due from joint venture		$ 250,000
Nonoperating rental income																	16,000	16,000	12,000
East Area Two [Member]
Real Estate Properties [Line Items]
Area of real estate property (acres) \| a							7
Purchase of real estate development							$ 75,000											50,000	50,000	$ 50,000	$ 50,000
Real estate, net	$ 3,145,000
Payment to acquire and develop real estate	1,444,000
Notes payable	1,435,000
Purchase price of option payments	275,000
Derivative issuance costs	$ 9,000
Debt, term	5 years
Pacific Crest [Member]
Real Estate Properties [Line Items]
Investment in real estate, gross										2,481,000		3,250,000					2,481,000	3,250,000
Impairment of real estate development assets																	769,000	120,000
Proceeds from sale of real estate										5,200,000
Real estate development held for sale												3,332,000						3,332,000
Sevilla [Member]
Real Estate Properties [Line Items]
Investment in real estate, gross										2,543,000		4,686,000					2,543,000	4,686,000
Impairment of real estate development assets																	789,000
Proceeds from sale of real estate			$ 1,364,000										$ 1,452,000
Gains (losses) from sale of investment real estate			$ 10,000
Real estate development held for sale												3,250,000						3,250,000
Sevilla [Member] \| Prepaid Expenses and Other Current Assets [Member]
Real Estate Properties [Line Items]
Real estate held-for-sale												1,354,000						1,354,000
Templeton Santa Barbara Limited Liability Company [Member]
Real Estate Properties [Line Items]
Development expense																	104,000	172,000	$ 174,000
Centennial Property [Member]
Real Estate Properties [Line Items]
Investment in real estate, gross												2,983,000						2,983,000
Proceeds from sale of real estate												3,250,000
Proceeds from debt																	100,000	100,000
Gains (losses) from sale of investment real estate																	15,000	194,000
Deferred gain										179,000							$ 179,000
Number of non-refundable payments \| payment																	2
Interest income																	$ 172,000
Centennial Property [Member] \| Prepaid Expenses and Other Current Assets [Member]
Real Estate Properties [Line Items]
Real estate held-for-sale												$ 2,983,000						$ 2,983,000
Lewis Group of Companies [Member]
Real Estate Properties [Line Items]
Ownership percentage						50.00%
Number of representatives \| representative						2
Lewis Group of Companies [Member] \| East Area 1 [Member]
Real Estate Properties [Line Items]
Cost of equity method investment																$ 1,200,000
Proceeds from sale of equity method investment																$ 18,800,000
Limoneira Company [Member]
Real Estate Properties [Line Items]
Number of representatives \| representative						2
Unsecured Line of Credit Loan Agreement and Promissory Note [Member]
Real Estate Properties [Line Items]
Debt face amount		$ 45,000,000
Basis on interest rate		2.85%
Long-term debt, gross										36,243,000							36,243,000
Loan guarantee										$ 1,080,000							$ 1,080,000
Minimum [Member] \| East Area Two [Member]
Real Estate Properties [Line Items]
Interest rate	5.00%
Maximum [Member] \| East Area Two [Member]
Real Estate Properties [Line Items]
Interest rate	7.00%
Subsequent Event [Member] \| East Areas 1 and 2 [Member]
Real Estate Properties [Line Items]
Payment to acquire equity method investment								$ 4,000,000
Subsequent Event [Member] \| Pacific Crest [Member]
Real Estate Properties [Line Items]
Impairment of real estate development assets									$ 769,000
Subsequent Event [Member] \| Sevilla [Member]
Real Estate Properties [Line Items]
Impairment of real estate development assets									789,000
Subsequent Event [Member] \| Centennial Property [Member]
Real Estate Properties [Line Items]
Proceeds from debt									$ 100,000

Equity Investments (Textual) (D

Equity Investments (Textual) (Details) - USD ($)	Aug. 14, 2014	Feb. 28, 2017	Nov. 30, 2016	Oct. 31, 2016	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Oct. 31, 2007	Feb. 24, 2017	Sep. 30, 2013
Schedule of Equity Method Investments [Line Items]
Fruit proceeds					$ 10,089,000	$ 8,828,000
Payment to acquire equity method investment					3,500,000	7,450,000	$ 2,890,000
Goodwill					1,431,000	876,000						$ 680,000
Amortization of intangible assets					84,000	85,000	$ 83,000
Amortization expense, 2019					358,000
Amortization expense, 2020					358,000
Amortization expense, 2021					348,000
Amortization expense, 2022					297,000
Amortization expense, 2023					$ 297,000
Limoneira Company [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage					47.00%						35.00%
Additional ownership percentage in equity method investment		12.00%
Limited Partner [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage				22.10%			22.10%
Limco Del Mar Limited [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage					50.00%
Cash receipts					$ 163,000	146,000	$ 146,000
Revenues					2,361,000	2,271,000	$ 2,002,000
Fruit proceeds					$ 709,000	912,000
Limco Del Mar Limited [Member] \| General Partner [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage					1.30%
Limco Del Mar Limited [Member] \| Limited Partner [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage					26.80%
General partners' units purchased (in units)				14,468			14,468
Contributed capital				$ 940,000			$ 940,000
Payment to acquire limited partnership interest			$ 325,000	$ 615,000
Romney Property Partnership [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage					75.00%
Payment to acquire equity method investment										$ 489,000
Contributions to capital accounts						0	0
Romney Property Partnership [Member] \| Limoneira Company [Member]
Schedule of Equity Method Investments [Line Items]
Percentage of net profits, losses and cash flows received					75.00%
Romney Property Partnership [Member] \| Romney Property Partnership [Member]
Schedule of Equity Method Investments [Line Items]
Percentage of net profits, losses and cash flows received					25.00%
Rosales [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage	35.00%
Payment to acquire equity method investment	$ 1,750,000
Distribution percentage								40.00%	50.00%
Difference between carrying amount and underlying equity	1,683,000	$ 925,000
Goodwill	$ 343,000	143,000
Intangible assets acquired		$ 2,122,000
Amortization of intangible assets					$ 337,000	$ 290,000	$ 208,000
Amortization expense, 2019					180,000
Amortization expense, 2020					180,000
Amortization expense, 2021					180,000
Amortization expense, 2022					180,000
Amortization expense, 2023					$ 180,000

Equity Investments (Schedule of

Equity Investments (Schedule of equity method investments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Schedule of Equity Method Investments [Line Items]
Assets	$ 134,677	$ 66,993	$ 53,566
Liabilities	61,961	2,144	2,755
Equity	72,716	64,849	50,811
Total liabilities and equity	134,677	66,993	53,566
Revenues	16,584	12,744	11,102
Expenses	13,744	11,276	7,914
Net income (loss)	2,840	1,468	3,188
Limco Del Mar Limited [Member]
Schedule of Equity Method Investments [Line Items]
Assets	1,148	1,269	1,244
Liabilities	0	0	0
Equity	1,148	1,269	1,244
Total liabilities and equity	1,148	1,269	1,244
Revenues	2,893	2,553	3,452
Expenses	1,138	966	910
Net income (loss)	1,755	1,587	2,542
Romney Property Partnership [Member]
Schedule of Equity Method Investments [Line Items]
Assets	676	680	690
Liabilities	0	0	0
Equity	676	680	690
Total liabilities and equity	676	680	690
Revenues	21	20	11
Expenses	25	29	24
Net income (loss)	(4)	(9)	(13)
Rosales [Member]
Schedule of Equity Method Investments [Line Items]
Assets	6,967	2,645	4,300
Liabilities	5,029	1,853	2,719
Equity	1,938	792	1,581
Total liabilities and equity	6,967	2,645	4,300
Revenues	13,630	10,171	7,639
Expenses	12,387	10,192	6,979
Net income (loss)	1,243	(21)	660
LLC [Member]
Schedule of Equity Method Investments [Line Items]
Assets	125,886	62,399	47,332
Liabilities	56,932	291	36
Equity	68,954	62,108	47,296
Total liabilities and equity	125,886	62,399	47,332
Revenues	40	0	0
Expenses	194	89	1
Net income (loss)	$ (154)	$ (89)	$ (1)

Equity Investments (Schedule _2

Equity Investments (Schedule of earnings and losses from equity investments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Equity Method Investment, Financial Statement, Reported Amounts [Roll Forward]
Investment balance	$ 14,061	$ 6,254	$ 3,047
Equity earnings (losses)	583	49	634
Cash distributions	(526)	(712)	(642)
Investment contributions	3,500	8,470	3,215
Loan guarantee	1,080
Investment balance	18,698	14,061	6,254
Limco Del Mar Limited [Member]
Equity Method Investment, Financial Statement, Reported Amounts [Roll Forward]
Investment balance	1,968	1,961	1,004
Equity earnings (losses)	493	446	603
Cash distributions	(526)	(439)	(586)
Investment contributions	0	0	940
Loan guarantee	0
Investment balance	1,935	1,968	1,961
Romney Property Partnership [Member]
Equity Method Investment, Financial Statement, Reported Amounts [Roll Forward]
Investment balance	515	522	531
Equity earnings (losses)	(3)	(7)	(9)
Cash distributions	0	0	0
Investment contributions	0	0	0
Loan guarantee	0
Investment balance	512	515	522
Rosales [Member]
Equity Method Investment, Financial Statement, Reported Amounts [Roll Forward]
Investment balance	1,944	1,496	1,512
Equity earnings (losses)	247	(299)	40
Cash distributions	0	(273)	(56)
Investment contributions	0	1,020	0
Loan guarantee	0
Investment balance	2,191	1,944	1,496
LLC [Member]
Equity Method Investment, Financial Statement, Reported Amounts [Roll Forward]
Investment balance	9,634	2,275	0
Equity earnings (losses)	(154)	(91)	0
Cash distributions	0	0	0
Investment contributions	3,500	7,450	2,275
Investment balance	$ 14,060	$ 9,634	$ 2,275

Investment in Calavo Growers,_2

Investment in Calavo Growers, Inc. (Textual) (Details) - USD ($) $ in Thousands	1 Months Ended	2 Months Ended	12 Months Ended
	Jun. 30, 2005	Jul. 31, 2016	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2013	Oct. 31, 2009
Debt Securities, Available-for-sale [Line Items]
New shares issued (in shares)			3,136,362
Issuance of common stock			$ 64,097
Other comprehensive income (loss), reclassification adjustment from AOCI for sale of securities, net of tax			$ 2,965	$ 0	$ 1,719
Calavo Growers, Inc [Member]
Debt Securities, Available-for-sale [Line Items]
Investment owned shares (in shares)	1,000,000		250,000
Ownership percentage	6.90%
Payments to acquire equity	$ 10,000
New shares issued (in shares)	1,728,570
Percentage of ownership interest sold	15.10%
Issuance of common stock	$ 23,450
Proceed from stock purchase agreement	$ 13,450
Number of shares sold (in shares)								335,000
Proceeds from sale of equity securities			$ 4,721					$ 6,079
Realized gain (loss)		$ 3,419					$ 3,138	$ 2,729
Number of shares issued (in shares)		60,000	50,000			140,000	165,000
Proceeds from sale of securities		$ 4,019				$ 6,433	$ 4,788
Equity securities, realized gain (loss)			$ 4,223			$ 5,033
Other comprehensive income (loss), available-for-sale securities, adjustment, before tax			6,765	4,365	2,668
Other comprehensive income (loss), available-for-sale securities, adjustment, after tax			4,809	$ 2,643	1,619
Other comprehensive income (loss), reclassification adjustment from AOCI for sale of securities, before tax			4,125		2,830
Other comprehensive income (loss), reclassification adjustment from AOCI for sale of securities, net of tax			$ 2,965		$ 1,719

Other Assets (Schedule of other

Other Assets (Schedule of other assets) (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Oct. 31, 2017	Sep. 30, 2013
Other Assets [Abstract]
Investments in mutual water companies	$ 5,026	$ 4,686
Acquired water and mineral rights	3,783	2,655
Deposit for land purchase	593	645
Deferred lease assets and other	396	448
Note receivable	566	625
Revolving funds and memberships	267	265
Acquired trade names, trademarks and customer relationships	2,442	233
Goodwill	1,431	876	$ 680
Total other assets	$ 14,504	$ 10,433

Other Assets (Textual) (Details

Other Assets (Textual) (Details) - USD ($)	Aug. 08, 2017	Jul. 31, 2018	Dec. 31, 2017	Sep. 30, 2013	Apr. 30, 2005	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015	Jul. 26, 2018	Feb. 28, 2017	Feb. 24, 2017	Oct. 31, 2004
Finite-Lived Intangible Assets [Line Items]
Deferred lease assets						$ 139,000	$ 146,000
Prepaid expense, noncurrent						43,000	55,000
Intangible assets						2,513,000
Accumulated amortization of intangible assets						474,000	390,000
Amortization of intangible assets						84,000	85,000	$ 83,000
Deferred gain													$ 161,000
Note receivable, remaining principal balance						1,300,000
Notes reduction			$ 79,000			79,000	0	0	$ 1,535,000
Basis on interest rate	3.50%
Goodwill				$ 680,000		1,431,000	876,000
Fruticola Pan de Azucar S.A. [Member]
Finite-Lived Intangible Assets [Line Items]
Goodwill											$ 196,000	$ 196,000
Oxnard Lemon Associates, Ltd. [Member]
Finite-Lived Intangible Assets [Line Items]
Goodwill										$ 570,000
Notes Receivable Parcel Of Land Sale [Member]
Finite-Lived Intangible Assets [Line Items]
Note receivable. original amount													$ 4,263,000
Principal payments received					$ 2,963,000
Deferred gain recognized in income					$ 112,000
Notes reduction, principal									711,000
Notes reduction, interest									$ 824,000
Proceeds from notes receivable	$ 10,000
Fixed rate	4.00%
Note receivable, noncurrent						566,000	625,000
Interest income						20,000	23,000	23,000
Interest receivable						22,000	22,000
Patents [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets						71,000	84,000
Accumulated amortization of intangible assets						151,000	138,000
Amortization of intangible assets						13,000	$ 13,000	13,000
Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets acquired				$ 486,000
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets acquired						160,000
Amortization expense, remainder of fiscal year						$ 24,000
Increase in intangible assets								$ 20,000
Customer Relationships and Trade name [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets acquired		$ 2,270,000
Customer Relationships and Trade name [Member] \| Oxnard Lemon Associates, Ltd. [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets acquired										$ 2,270,000
Minimum [Member] \| Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Useful life						5 years
Maximum [Member] \| Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Useful life						8 years

Other Assets Other Assets (Futu

Other Assets Other Assets (Future Amortization) (Details) $ in Thousands	Oct. 31, 2018USD ($)
Other Assets [Abstract]
2,019	$ 358
2,020	358
2,021	348
2,022	297
2,023	297
Thereafter	855
Finite-Lived Intangible Assets, Net	$ 2,513

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Oct. 31, 2017
Accounts Payable and Accrued Liabilities, Current [Abstract]
Compensation	$ 2,784	$ 2,367
Property taxes	785	599
Interest	297	327
Deferred rental income and deposits	497	636
Lease expense	378	137
Lemon supplier payables	1,214	166
Capital expenditures, reserves and other	1,769	945
Total accrued liabilities	$ 7,724	$ 5,177

Long-Term Debt (Schedule of lon

Long-Term Debt (Schedule of long-term debt) (Details) - USD ($) $ in Thousands	Aug. 08, 2017	Jun. 20, 2017	Oct. 31, 2018	Jul. 31, 2018	Oct. 31, 2017
Debt Instrument [Line Items]
Basis on interest rate	3.50%
Long-term debt, gross			$ 80,251		$ 105,301
Less deferred financing costs			158		188
Total long-term debt, net			80,093		105,113
Less current portion			3,127		3,030
Long-term debt, less current portion			$ 76,966		102,083
Notes Payable [Member]
Debt Instrument [Line Items]
Interest rate			5.00%
Long-term debt, gross			$ 1,435		0
Farm Credit West Master Loan [Member]
Debt Instrument [Line Items]
Maturity date			Jul. 1, 2022
Interest rate				4.77%
Long-term debt, gross			$ 50,888	$ 40,000	74,556
Farm Credit West Term Loan One [Member]
Debt Instrument [Line Items]
Maturity date			Nov. 30, 2022
Interest rate			4.70%
Long-term debt, gross			$ 2,602		3,155
Farm Credit West Term Loan Two [Member]
Debt Instrument [Line Items]
Maturity date			Oct. 31, 2035
Interest rate			4.70%
Long-term debt, gross			$ 1,122		1,167
Farm Credit West Term Loan Three [Member]
Debt Instrument [Line Items]
Maturity date			Mar. 31, 2036
Interest rate			4.70%
Long-term debt, gross			$ 9,172		9,504
Farm Credit West Term Loan Four [Member]
Debt Instrument [Line Items]
Maturity date			Mar. 31, 2036
Interest rate			3.62%
Long-term debt, gross			$ 6,808		7,083
Wells Fargo Term Loan [Member]
Debt Instrument [Line Items]
Maturity date			Jan. 31, 2023
Interest rate			3.58%
Long-term debt, gross			$ 6,367		7,730
Banco De Chile Term Loan [Member]
Debt Instrument [Line Items]
Maturity date			Jan. 31, 2025
Interest rate			6.48%
Long-term debt, gross			$ 1,857		$ 2,106
Revolving Credit Facility [Member] \| Farm Credit West Master Loan [Member]
Debt Instrument [Line Items]
LIBOR rate			2.23%
Basis on interest rate			1.85%
Minimum [Member] \| Notes Payable [Member]
Debt Instrument [Line Items]
Interest rate			5.00%
Minimum [Member] \| Farm Credit West Master Loan [Member]
Debt Instrument [Line Items]
Basis on interest rate		1.60%
Maximum [Member] \| Notes Payable [Member]
Debt Instrument [Line Items]
Interest rate			7.00%
Maximum [Member] \| Farm Credit West Master Loan [Member]
Debt Instrument [Line Items]
Basis on interest rate		2.35%

Long-Term Debt (Textual) (Detai

Long-Term Debt (Textual) (Details)

Feb. 28, 2018USD ($)

Aug. 08, 2017

Jun. 20, 2017USD ($)

Feb. 28, 2013USD ($)a

Oct. 31, 2018USD ($)

Oct. 31, 2017USD ($)

Oct. 31, 2016USD ($)

Oct. 31, 2015USD ($)

Oct. 31, 2014USD ($)

Jul. 31, 2018

May 31, 2018

Jan. 29, 2018USD ($)

Feb. 28, 2017payment

Feb. 16, 2016USD ($)

Jan. 20, 2016USD ($)

Debt Instrument [Line Items]

Basis on interest rate

3.50%

Ratio of indebtedness to net capital

1.25

Debt issuance costs

$ 0

$ 108,000

$ 65,000

Purchase of real estate development

1,444,000

Capitalized interest costs

2,407,000

2,022,000

Debt issuance costs, noncurrent

$ 158,000

East Area Two [Member]

Debt Instrument [Line Items]

Area of real estate property (acres) | a

Purchase of real estate development

$ 75,000

50,000

$ 50,000

Real estate, net

$ 3,145,000

Payment to acquire and develop real estate

1,444,000

Notes payable

1,435,000

Purchase price of option payments

275,000

Derivative issuance costs

$ 9,000

Debt, term

5 years

East Area Two [Member] | Minimum [Member]

Debt Instrument [Line Items]

Interest rate

5.00%

East Area Two [Member] | Maximum [Member]

Debt Instrument [Line Items]

Interest rate

7.00%

Farm Credit West Master Loan [Member]

Debt Instrument [Line Items]

Maximum borrowing capacity

$ 115,000,000

Interest rate

4.77%

Farm Credit West Master Loan [Member] | Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Maximum borrowing capacity

$ 60,000,000

75,000,000

Basis on interest rate

1.85%

Farm Credit West Master Loan [Member] | Non-Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Maximum borrowing capacity

$ 40,000,000

Interest rate

4.77%

Prepayment fee percentage

0.50%

Farm Credit West Master Loan [Member] | Minimum [Member]

Debt Instrument [Line Items]

Basis on interest rate

1.60%

Farm Credit West Master Loan [Member] | Maximum [Member]

Debt Instrument [Line Items]

Basis on interest rate

2.35%

Rabobank Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Maximum borrowing capacity

$ 115,000,000

Collateral fees

$ 115,000,000

Commitment fees and issuance costs

$ 45,000

Wells Fargo Equipment Finance, Inc. [Member]

Debt Instrument [Line Items]

Debt face amount

$ 10,000,000

Prepayment penalty of unpaid balance

2.00%

Farm Credit West Term Loan Four [Member]

Debt Instrument [Line Items]

Interest rate

3.62%

Debt face amount

$ 10,000,000

Farm Credit West Term Loan Five [Member]

Debt Instrument [Line Items]

Debt face amount

$ 7,500,000

Banco De Chile Term Loan [Member]

Debt Instrument [Line Items]

Interest rate

6.48%

Interest rate, effective percentage

6.48%

Number of annual payments | payment

Long-Term Debt (Schedule of mat

Long-Term Debt (Schedule of maturities) (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Oct. 31, 2017
Debt Disclosure [Abstract]
2,019	$ 3,127
2,020	2,923
2,021	3,035
2,022	54,041
2,023	2,967
Thereafter	14,158
Total long-term debt, gross	$ 80,251	$ 105,301

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities (Schedule of derivative instruments) (Details) - Forward Interest Rate Swaps [Member] - USD ($)	Oct. 31, 2018	Jun. 30, 2018	Oct. 31, 2017
Derivative [Line Items]
Notional Amount	$ 0	$ 40,000,000	$ 40,000,000
Fair Value Liability	$ 0		$ 268,000

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities (Textual) (Details) - Forward Interest Rate Swaps [Member] - USD ($)	Oct. 31, 2018	Jun. 30, 2018	Oct. 31, 2017
Derivative [Line Items]
Interest rate		4.30%
Notional amount	$ 0	$ 40,000,000	$ 40,000,000

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Basic net income per common share:
Net income applicable to common stock	$ 19,687	$ 6,035	$ 7,430
Effect of unvested, restricted stock	(34)	0	0
Numerator: Net income for basic EPS	$ 19,653	$ 6,035	$ 7,430
Denominator: Weighted-average common shares outstanding-basic (in shares)	15,581,000	14,315,000	14,168,000
Basic net income per common share (in dollars per share)	$ 1.26	$ 0.42	$ 0.52
Diluted net income per common share:
Numerator: Net income for diluted EPS	$ 20,188	$ 6,595	$ 8,058
Effect of dilutive unvested, restricted stock and preferred stock (in shares)	628,000	0	0
Weighted average common shares - diluted (in shares)	16,209,000	14,315,000	14,168,000
Diluted net income per common share (in dollars per share)	$ 1.25	$ 0.42	$ 0.52
Shares excluded (in shares)	70,000

Related-Party Transactions (Tex

Related-Party Transactions (Textual) (Details)	Feb. 05, 2015USD ($)a	Aug. 14, 2014USD ($)	Oct. 31, 2018USD ($)a	Oct. 31, 2017USD ($)	Oct. 31, 2016USD ($)	Oct. 31, 2018USD ($)a	Feb. 28, 2017	Feb. 24, 2017	Oct. 31, 2015a	Jul. 01, 2013a
Related Party Transaction [Line Items]
Lease expense			$ 2,028,000	$ 1,878,000	$ 2,049,000
Other nonoperating income (expense)			(313,000)	(492,000)	(498,000)
Payment to acquire equity method investment			3,500,000	7,450,000	2,890,000
Equity earnings (losses)			583,000	49,000	634,000
Amortization of intangible assets			84,000	85,000	83,000
Cash distributions from equity investment			$ 526,000	712,000	642,000
Limoneira Company [Member]
Related Party Transaction [Line Items]
Ownership percentage			47.00%			47.00%		35.00%
Additional ownership percentage in equity method investment							12.00%
Management [Member]
Related Party Transaction [Line Items]
Operating lease, area of land \| a			31			31
Lease expense			$ 96,000	23,000	135,000
Minimum [Member]
Related Party Transaction [Line Items]
Lease term			1 month			1 month
Maximum [Member]
Related Party Transaction [Line Items]
Lease term			20 years			20 years
Agribusiness [Member]
Related Party Transaction [Line Items]
Cost and expenses			$ 98,083,000	91,162,000	83,604,000
Oranges [Member] \| Fruticola Pan de Azucar S.A. [Member]
Related Party Transaction [Line Items]
Revenue from related parties			2,288,000	1,059,000		$ 552,000
Employee [Member]
Related Party Transaction [Line Items]
Rental income			706,000	724,000	749,000
Mutual Water Companies [Member]
Related Party Transaction [Line Items]
Purchases from related party			1,445,000	1,230,000	1,287,000
Due to related parties			(142,000)	(141,000)		(142,000)
Cooperative Association [Member]
Related Party Transaction [Line Items]
Purchases from related party			1,869,000	1,843,000	1,659,000
Due to related parties			(142,000)	(180,000)		(142,000)
Calavo Growers, Inc. [Member]
Related Party Transaction [Line Items]
Rental income			293,000	287,000	279,000
Purchases from related party			367,000	276,000	517,000
Due to related parties			(3,000)	(163,000)		(3,000)
Dividend income			285,000	270,000	288,000
Dividend payments			432,000	380,000	346,000
Related party receivables			0	0		0
Calavo Growers, Inc. [Member] \| Avocado [Member]
Related Party Transaction [Line Items]
Revenue from related parties			6,576,000	9,522,000	10,767,000
Board Of Directors [Member]
Related Party Transaction [Line Items]
Purchases from related party			2,279,000	2,441,000	2,246,000
Due to related parties			$ (487,000)	(636,000)		$ (487,000)
Cadiz [Member]
Related Party Transaction [Line Items]
Purchases from related party	$ 1,212,000
Operating lease, area of land \| a										9,600
Lease term			20 years			20 years
Additional lease expense, gross revenue percentage			20.00%
Lease expense			$ 129,000	123,000	92,000
Professional fees			55,000	90,000	30,000
Cadiz [Member] \| Minimum [Member]
Related Party Transaction [Line Items]
Operating lease, area of land \| a										320
Lease expense per acre			200
Number of acres of land \| a	200
Cadiz [Member] \| Maximum [Member]
Related Party Transaction [Line Items]
Operating lease, area of land \| a										960
Lease expense per acre			1,200
Cadiz [Member] \| Agribusiness [Member]
Related Party Transaction [Line Items]
Cost and expenses			178,000	144,000	120,000
Law Firm [Member]
Related Party Transaction [Line Items]
Due to related parties			(67,000)	(62,000)		$ (67,000)
Fenner Valley Farms, LLC [Member]
Related Party Transaction [Line Items]
Due to related parties			(100,000)	(61,000)		(100,000)
Colorado River Growers [Member]
Related Party Transaction [Line Items]
Revenue from related parties			374,000	476,000	282,000
Related party receivables			232,000	209,000		232,000
Advance to related party			3,707,000	3,959,000	4,492,000
Yuma Mesa Irrigation And Drainage District [Member]
Related Party Transaction [Line Items]
Purchases from related party			213,000	76,000	132,000
Due to related parties			0	(10,000)		0
Revenue from related parties			0	34,000	201,000
Related party receivables			0	0		0
Lease expense per acre					750
Number of acres of land \| a									300
Limco Del Mar Limited [Member]
Related Party Transaction [Line Items]
Due to related parties			(709,000)	(912,000)		(709,000)
Equity earnings (losses)			493,000	446,000	603,000
Cash distributions from equity investment			526,000	439,000	586,000
Rosales [Member]
Related Party Transaction [Line Items]
Due to related parties			(65,000)			$ (65,000)
Related party receivables				101,000
Payment to acquire equity method investment		$ 1,750,000
Additional ownership percentage in equity method investment		35.00%
Equity earnings (losses)			584,000	(9,000)	248,000
Amortization of intangible assets			337,000	290,000	208,000
Cash distributions from equity investment			0	273,000	56,000
Rosales [Member] \| Lemons [Member]
Related Party Transaction [Line Items]
Purchases from related party			7,658,000	4,283,000	2,205,000
Revenue from related parties			$ 1,009,000	1,038,000	$ 266,000
General Partner [Member] \| Limco Del Mar Limited [Member]
Related Party Transaction [Line Items]
Ownership percentage			1.30%			1.30%
Limited Partner [Member]
Related Party Transaction [Line Items]
Ownership percentage					22.10%
Limited Partner [Member] \| Limco Del Mar Limited [Member]
Related Party Transaction [Line Items]
Ownership percentage			26.80%			26.80%
Management Development And Accounting Services [Member] \| Limco Del Mar Limited [Member]
Related Party Transaction [Line Items]
Revenue from related parties			$ 163,000	$ 146,000	$ 146,000

Income Taxes (Reconciliation of

Income Taxes (Reconciliation of income before income taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Income Tax Disclosure [Abstract]
United States	$ 13,099	$ 11,386	$ 13,285
Foreign	384	(760)	40
Income before income tax benefit (provision)	$ 13,483	$ 10,626	$ 13,325

Income Taxes (Components of inc

Income Taxes (Components of income tax provision) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Current:
Federal	$ 35	$ (1,217)	$ 1,736
State	(444)	(527)	(749)
Foreign	(169)	(41)	(59)
Total current (provision) benefit	(578)	(1,785)	928
Deferred:
Federal	7,393	(2,282)	(5,942)
State	(212)	(238)	(253)
Foreign	126	228	0
Total deferred benefit (provision)	7,307	(2,292)	(6,195)
Total benefit (provision)	$ 6,729	$ (4,077)	$ (5,267)

Income Taxes (Components of def

Income Taxes (Components of deferred income tax assets and liabilities) (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Oct. 31, 2017
Deferred income tax assets:
Labor accruals	$ 194	$ 286
State income taxes	97	191
Net operating losses	706	0
Prepaid insurance and other	457	442
Impairments of real estate development assets	1,557	3,186
Derivative instruments	0	105
Minimum pension liability adjustment	644	1,512
Amortization	203	360
Total deferred income tax assets	3,858	6,082
Deferred income tax liabilities:
Property taxes	(165)	(234)
Depreciation	(13,230)	(15,114)
Book and tax basis difference of acquired assets	(9,886)	(14,444)
Unrealized net gain on Calavo investment	(5,830)	(7,490)
Other	(119)	(215)
Total deferred income tax liabilities	(29,230)	(37,497)
Net deferred income tax liabilities	$ (25,372)	$ (31,415)

Income Taxes (Textual) (Details

Income Taxes (Textual) (Details) $ in Thousands	12 Months Ended
Income Taxes (Textual) (Details) $ in Thousands	Oct. 31, 2018USD ($)
Operating Loss Carryforwards [Line Items]
Provisional income tax expense related to deferred tax	$ 10,295
Domestic Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 3,100

Income Taxes (Schedule of effec

Income Taxes (Schedule of effective income tax rate) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Amount
Provision at statutory rates	$ (3,125)	$ (3,613)	$ (4,530)
State income tax, net of federal benefit	(768)	(580)	(733)
Dividend exclusion	49	67	72
Production deduction	0	148	50
Tax law change	10,295	0	0
Other permanent items	278	(99)	(126)
Total benefit (provision)	$ 6,729	$ (4,077)	$ (5,267)
Percent
Provision at statutory rates, percentage	(23.30%)	(34.00%)	(34.00%)
State income tax, net of federal benefit, percentage	(5.70%)	(5.50%)	(5.50%)
Dividend exclusion, percentage	0.40%	0.60%	0.50%
Production deduction, percentage	0.00%	1.40%	0.40%
Tax law change, percentage	76.40%	(0.00%)	(0.00%)
Other permanent items, percentage	2.10%	(0.90%)	(0.90%)
Total income tax provision, percentage	49.90%	(38.40%)	(39.50%)

Retirement Plans (Textual) (Det

Retirement Plans (Textual) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Funding contributions	$ 600	$ 725
Pension Plan [Member] \| Domestic Investments [Member] \| Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target allocation percentage	35.00%
Pension Plan [Member] \| Domestic Investments [Member] \| Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target allocation percentage	40.00%
Pension Plan [Member] \| International Investments [Member] \| Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target allocation percentage	10.00%
Pension Plan [Member] \| International Investments [Member] \| Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target allocation percentage	15.00%
Pension Plan [Member] \| Fixed Income Investments [Member]
Defined Benefit Plan Disclosure [Line Items]
Target allocation percentage	50.00%
Other Postretirement Benefits Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Matching contribution, percent of employees' gross pay	4.00%
Maximum annual contributions per employee, percentage	100.00%
Percentage of matching contribution	4.00%
Matching contribution, annual vesting percentage	20.00%
Cost of defined contribution plan	$ 823	$ 774	$ 823

Retirement Plans (Schedule of n

Retirement Plans (Schedule of net periodic benefit cost) (Details) - Pension Plan [Member] - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Defined Benefit Plan Disclosure [Line Items]
Administrative expenses	$ 254	$ 306
Interest cost	770	775
Expected return on plan assets	(1,071)	(1,053)
Prior service cost	45	45
Amortization of net loss	700	833
Net periodic benefit cost	$ 698	$ 906

Retirement Plans (Summary of fu

Retirement Plans (Summary of funded status) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Change in benefit obligation:
Actuarial (gain) loss	$ 1,454
Pension Plan [Member]
Change in benefit obligation:
Benefit obligation at beginning of year	22,268	$ 22,439
Administrative expenses	254	306
Interest cost	770	775
Benefits paid	(1,555)	(1,425)
Actuarial (gain) loss	(2,096)	173
Benefit obligation at end of year	19,641	22,268
Change in plan assets:
Fair value of plan assets at beginning of year	18,410	16,820
Actual return on plan assets	(218)	2,290
Employer contributions	600	725
Benefits paid	(1,555)	(1,425)
Fair value of plan assets at end of year	17,237	18,410
Amounts recognized in statements of financial position:
Noncurrent assets	0	0
Current liabilities	0	0
Noncurrent liabilities	(2,404)	(3,858)
Net obligation recognized in statements of financial position	(2,404)	(3,858)
Reconciliation of amounts recognized in statements of financial position:
Prior service cost	(233)	(277)
Net loss	(5,418)	(6,926)
Accumulated other comprehensive loss	(5,651)	(7,203)
Accumulated contributions in excess of net periodic benefit cost	$ 3,247	$ 3,345

Retirement Plans (Changes in AO

Retirement Plans (Changes in AOCI) (Details) - Pension Plan [Member] - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Changes recognized in other comprehensive income:
Net gain arising during the year	$ (807)	$ (1,064)
Amortization of prior service cost	(45)	(45)
Amortization of net loss	(700)	(833)
Total recognized in other comprehensive income	(1,552)	(1,942)
Total recognized in net periodic benefit and other comprehensive income	$ (854)	$ (1,036)

Retirement Plans (Amounts from

Retirement Plans (Amounts from AOCI) (Details) - Pension Plan [Member] $ in Thousands	Oct. 31, 2018USD ($)
Defined Benefit Plan Disclosure [Line Items]
Initial net asset (obligation)	$ 0
Prior service cost	(45)
Net loss	(402)
Total	$ (447)

Retirement Plans (Assumptions)

Retirement Plans (Assumptions) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Weighted-average assumptions used to determine benefit obligations:
Discount rate	4.40%
Pension Plan [Member]
Weighted-average assumptions used to determine benefit obligations:
Discount rate	4.40%	3.60%
Assumptions used to determine net periodic benefit cost:
Discount rate	3.60%	3.60%
Expected return on plan assets	6.21%	6.24%
Additional year-end information:
Projected benefit obligation	$ 19,641	$ 22,268	$ 22,439
Accumulated benefit obligation	19,641	22,268
Fair value of plan assets	$ 17,237	$ 18,410	$ 16,820

Retirement Plans (Benefit payme

Retirement Plans (Benefit payments) (Details) - Pension Plan [Member] $ in Thousands	Oct. 31, 2018USD ($)
Defined Benefit Plan Disclosure [Line Items]
2,019	$ 1,268
2,020	1,270
2,021	1,283
2,022	1,301
2,023	1,340
2024-2027	6,719
Total	$ 13,181

Retirement Plans (Allocation of

Retirement Plans (Allocation of plan benefits) (Details) - Pension Plan [Member] - USD ($) $ in Thousands	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 17,237	$ 18,410	$ 16,820
Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	187
Mutual Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,245
Pooled Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	15,805
Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,432
Fair Value, Inputs, Level 1 [Member] \| Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	187
Fair Value, Inputs, Level 1 [Member] \| Mutual Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,245
Fair Value, Inputs, Level 1 [Member] \| Pooled Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0
Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	15,805
Fair Value, Inputs, Level 2 [Member] \| Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0
Fair Value, Inputs, Level 2 [Member] \| Mutual Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0
Fair Value, Inputs, Level 2 [Member] \| Pooled Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	15,805
Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0
Fair Value, Inputs, Level 3 [Member] \| Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0
Fair Value, Inputs, Level 3 [Member] \| Mutual Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0
Fair Value, Inputs, Level 3 [Member] \| Pooled Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 0

Other Long-Term Liabilities (De

Other Long-Term Liabilities (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Oct. 31, 2017
Other Liabilities Disclosure [Abstract]
Minimum pension liability	$ 2,404	$ 3,858
Loan guarantee	1,080	0
Deferred gain and other	163	62
Other long-term liabilities	$ 3,647	$ 3,920

Operating Lease Income (Textual

Operating Lease Income (Textual) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Property Subject to or Available for Operating Lease [Line Items]
Contingent rental revenue	$ 324	$ 251	$ 195
Land [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property subject to operating leases, gross	1,275
Building and Building Improvements [Member]
Property Subject to or Available for Operating Lease [Line Items]
Property subject to operating leases, gross	22,474
Property subject to operating leases, accumulated depreciation	$ 7,559
Minimum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Lease term	1 month
Maximum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Lease term	20 years

Operating Lease Income (Schedul

Operating Lease Income (Schedule of future minimum receivables) (Details) $ in Thousands	Oct. 31, 2018USD ($)
Leases, Operating [Abstract]
2,019	$ 1,138
2,020	453
2,021	313
2,022	323
2,023	278
Thereafter	569
Total	$ 3,074

Commitments and Contingencies_2

Commitments and Contingencies (Textual) (Details)	Feb. 05, 2015USD ($)a	Oct. 31, 2018USD ($)letter_of_creditrenewal_termshares	Oct. 31, 2017USD ($)	Oct. 31, 2016USD ($)	Oct. 25, 2008kilowatt	Feb. 29, 2016shares	Jul. 01, 2013a	Jan. 31, 2012a
Operating Leased Assets [Line Items]
Lease expense		$ 2,028,000	$ 1,878,000	$ 2,049,000
Deferred rent assets		$ 139,000	146,000
Number of letters of credit \| letter_of_credit		1
Letters of credit, amount outstanding		$ 85,000
Photovoltaic Generator One [Member]
Operating Leased Assets [Line Items]
Generator, kilowatts \| kilowatt					1,000
Lease term		10 years
Purchase option, purchase price		$ 1,125,000
Photovoltaic Generator Two [Member]
Operating Leased Assets [Line Items]
Generator, kilowatts \| kilowatt					1,000
Lease term		10 years
Purchase option, purchase price		$ 1,275,000
Deferred rent assets		17,000	220,000
Lindsay, California Property [Member]
Operating Leased Assets [Line Items]
Lease expense		$ 201,000	152,000	202,000
Lease term		10 years
Number of renewal terms \| renewal_term		4
Operating lease, area of land \| a								1,000
Lease term, renewal		5 years
Base rent per year		$ 500
Fenner Valley Farms, LLC [Member]
Operating Leased Assets [Line Items]
Due to related parties		100,000	61,000
Cadiz [Member]
Operating Leased Assets [Line Items]
Lease expense		$ 129,000	$ 123,000	$ 92,000
Lease term		20 years
Operating lease, area of land \| a							9,600
Additional lease expense, gross harvest revenue percentage		20.00%
Purchases from related party	$ 1,212,000
Limoneira Company Series B-2 convertible preferred stock [Member]
Operating Leased Assets [Line Items]
Temporary equity, shares issued (in shares) \| shares		9,300				9,300
Minimum [Member] \| Cadiz [Member]
Operating Leased Assets [Line Items]
Operating lease, area of land \| a							320
Lease expense per acre		$ 200
Number of acres of land \| a	200
Maximum [Member] \| Cadiz [Member]
Operating Leased Assets [Line Items]
Operating lease, area of land \| a							960
Lease expense per acre		$ 1,200

Commitments and Contingencies_3

Commitments and Contingencies (Schedule of future minimum payments) (Details) $ in Thousands	Oct. 31, 2018USD ($)
Commitments and Contingencies Disclosure [Abstract]
2,019	$ 522
2,020	495
2,021	496
2,022	438
2,023	156
Thereafter	2,092
Total	$ 4,199

Series B and Series B-2 Prefe_2

Series B and Series B-2 Preferred Stock (Textual) (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Oct. 31, 2018USD ($)vote$ / sharesshares	Oct. 31, 2017$ / sharesshares	Oct. 31, 2016shares	Oct. 31, 2015shares
Common Stock [Member]
Temporary Equity [Line Items]
Shares issued upon conversion (in shares)		177,624	6,250	6,250
Series B Preferred Stock [Member]
Temporary Equity [Line Items]
Preferred stock, shares issued (in shares)	30,000
Preferred stock, par value per share (in dollars per share) \| $ / shares	$ 100
Cumulative cash dividend percentage	8.75%	8.75%
Number of votes \| vote	10
Preferred stock, shares outstanding (in shares)	14,790	14,790
Conversion price (in dollars per share) \| $ / shares	$ 8
Shares converted (in shares)		14,210	500	500
Series B-2 Convertible Preferred Stock [Member]
Temporary Equity [Line Items]
Preferred stock, shares issued (in shares)	9,300
Preferred stock, par value per share (in dollars per share) \| $ / shares	$ 100
Cumulative cash dividend percentage	4.00%	4.00%
Number of votes \| vote	1
Preferred stock, shares outstanding (in shares)	9,300	9,300
Conversion price (in dollars per share) \| $ / shares	$ 15
Conversion term	30 days
Issuance of preferred stock \| $	$ 9,300
Terms of conversion	Each share of the Series B-2 Preferred Stock is convertible into common stock at a conversion price equal to the greater of (a) the then-market price of the Companys common stock based upon the closing price of the Companys common stock on the NASDAQ Stock Market, LLC or on such other principal market on which the Companys common stock may then be trading and (b) $15.00 per share of common stock. Shares of the Series B-2 Preferred Stock may be converted into common stock (i) at any time prior to the redemption thereof, or (ii) in the event the Option Agreement (as defined below) is terminated without all of the shares of Series B-2 Preferred Stock having been redeemed, within 30 calendar days following such termination
Liquidation preference per share (in dollars per share) \| $ / shares	$ 1,000	$ 1,000

Stockholders' Equity (Textual)

Stockholders' Equity (Textual) (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended			12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016	Dec. 18, 2018	Dec. 19, 2017	Oct. 31, 2006
Class of Stock [Line Items]
Vesting period				3 years	5 years
Shares granted (in shares)		90,000
Shares repurchased (in shares)				15,330
Shares repurchased, value				$ 86
Sale of stock (in dollars per share)		$ 22.19
Stock compensation expense		$ 1,997
Dividends payable (in dollars per share)								$ 0.075
Management [Member]
Class of Stock [Line Items]
Shares exchanged for payroll tax (in shares)				24,252	14,773	12,433
Fair value of shares exchanged				$ 570	$ 294	$ 190
Stock Compensation Plan [Member]
Class of Stock [Line Items]
Vesting period				2 years
Share-based compensation expense				$ 1,059	$ 1,005	$ 1,036
Stock Compensation Plan [Member] \| Management [Member]
Class of Stock [Line Items]
Vesting period				2 years	2 years	2 years
Shares granted (in shares)		41,291	44,688
Common stock per share (in dollars per share)		$ 22.86	$ 19.92
Cost from stock compensation				$ 751	$ 944	$ 890
Share-based compensation expense				$ 343	$ 605	$ 544
Stock Compensation Plan [Member] \| Nonemployee Directors [Member]
Class of Stock [Line Items]
Shares granted (in shares)				14,033	18,956	21,905
Share-based compensation expense				$ 309	$ 323	$ 273
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares authorized (in shares)									20,000
Preferred stock, par value (in dollars per share)									$ 0.01
Subsequent Event [Member]
Class of Stock [Line Items]
Shares granted (in shares)	90,000
Sale of stock (in dollars per share)	$ 19.84
Stock compensation expense	$ 1,786
Dividends payable							$ 1,332
Subsequent Event [Member] \| Stock Compensation Plan [Member] \| Management [Member]
Class of Stock [Line Items]
Shares granted (in shares)	40,094
Common stock per share (in dollars per share)	$ 18.74

Stockholders' Equity (Schedule

Stockholders' Equity (Schedule of compensation expense) (Details) - USD ($)	1 Months Ended	12 Months Ended
	Dec. 31, 2017	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Shares granted (in shares)	90,000
Stock Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense		$ 1,059,000	$ 1,005,000	$ 1,036,000
2014 [Member] \| Stock Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Shares granted (in shares)		42,085
Share-based compensation expense		$ 0	0	352,000
2015 [Member] \| Stock Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Shares granted (in shares)		27,424
Share-based compensation expense		$ 0	144,000	140,000
2016 [Member] \| Stock Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Shares granted (in shares)		44,688
Share-based compensation expense		$ 98,000	256,000	544,000
2017 [Member] \| Stock Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Shares granted (in shares)		41,291
Share-based compensation expense		$ 219,000	605,000	0
2018 [Member] \| Stock Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Shares granted (in shares)		130,094
Share-based compensation expense		$ 742,000	$ 0	$ 0

Stockholders' Equity (Summary o

Stockholders' Equity (Summary of restricted stock activity) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Number of Shares
Beginning balance (in shares)	57,477
Vested (in shares)	(62,056)
Forfeited (in shares)	0
Granted (in shares)	130,861
Ending balance (in shares)	126,282
Weighted-average grant price
Outstanding, weighted-average grant price (in dollars per share)	$ 22.04	$ 18.83
Vested, weighted-average grant price (in dollars per share)	19.50
Forfeited, weighted-average grant price (in dollars per share)	0
Granted, weighted-average grant price (in dollars per share)	$ 22.40
Aggregate Intrinsic Value
Outstanding, intrinsic value	$ 3,113

Public Offering of Common Sto_2

Public Offering of Common Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended
	Jun. 30, 2018	Oct. 31, 2018	Dec. 31, 2017	Oct. 31, 2017
Class of Stock [Line Items]
Sale of stock, price per share (in dollars per share)			$ 22.19
Common stock, outstanding (in shares)	17,669,314	17,647,135		14,405,031
Sale of stock, consideration received, gross	$ 69,000
Underwriting discount	4,485
Other offering expense	418
Sale of stock, consideration received	$ 64,097
Common Stock [Member]
Class of Stock [Line Items]
Sale of stock (in shares)	3,136,362
Sale of stock, price per share (in dollars per share)	$ 22
Sale of stock, percentage sold	18.00%

Fruit Growers Supply Cooperat_2

Fruit Growers Supply Cooperative (Textual) (Details) - USD ($)	1 Months Ended	12 Months Ended
	Sep. 30, 2011	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Fruit Growers Supply Cooperative [Abstract]
Total amount of allocated after tax earnings from cooperative supply corporation		$ 729,000	$ 729,000
Amount of dividends received from cooperative supply corporation, recorded as reductions against agribusiness expenses		$ 0	$ 0	$ 0
Amount of refund being sought by cooperative supply corporation	$ 586,000
Percent of dividends assigned to claim		50.00%
Loss contingency accrual		$ 251,000

Segment Information (Textual) (

Segment Information (Textual) (Details) $ in Thousands	1 Months Ended	12 Months Ended
Segment Information (Textual) (Details) $ in Thousands	Oct. 31, 2016USD ($)	Oct. 31, 2018USD ($)segment	Oct. 31, 2017USD ($)	Oct. 31, 2016USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments \| segment		6
Reclassification of real estate development to property, plant and equipment		$ 0	$ 0	$ 26,779
Real Estate Development And Sales [Member]
Segment Reporting Information [Line Items]
Reclassification of real estate development to property, plant and equipment	$ 26,779

Segment Information (Schedule o

Segment Information (Schedule of segment information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Segment Reporting Information [Line Items]
Total net revenues	$ 129,392	$ 121,309	$ 111,789
Costs and expenses	112,631	102,979	97,262
Depreciation and amortization	7,275	6,467	5,339
Operating income	9,486	11,863	9,188
Operating Segments [Member]
Segment Reporting Information [Line Items]
Total net revenues	129,392	121,309	111,789
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Total net revenues	(19,971)	(19,156)	(17,123)
Costs and expenses	(19,971)	(19,156)	(17,123)
Depreciation and amortization	0	0	0
Operating income	0	0	0
Corporate, Non-Segment [Member]
Segment Reporting Information [Line Items]
Total net revenues	0	0	0
Costs and expenses	15,800	13,731	13,088
Depreciation and amortization	253	216	231
Operating income	(16,053)	(13,947)	(13,319)
Total Agri Business [Member]
Segment Reporting Information [Line Items]
Total net revenues	124,344	115,869	106,130
Costs and expenses	91,839	85,673	79,283
Depreciation and amortization	6,244	5,489	4,321
Operating income	26,261	24,707	22,526
Total Agri Business [Member] \| Operating Segments [Member]
Segment Reporting Information [Line Items]
Total net revenues	124,344	115,869	106,130
Total Agri Business [Member] \| Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Total net revenues	0	0	0
Fresh Lemons [Member]
Segment Reporting Information [Line Items]
Total net revenues	94,840	85,439	80,437
Costs and expenses	74,809	67,414	61,742
Depreciation and amortization	0	0	0
Operating income	20,031	18,025	18,695
Fresh Lemons [Member] \| Operating Segments [Member]
Segment Reporting Information [Line Items]
Total net revenues	94,840	85,439	80,437
Fresh Lemons [Member] \| Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Total net revenues	0	0	0
Lemon Packing [Member]
Segment Reporting Information [Line Items]
Total net revenues	8,990	8,760	4,830
Costs and expenses	23,071	21,567	21,939
Depreciation and amortization	0	0	0
Operating income	5,890	6,349	14
Lemon Packing [Member] \| Operating Segments [Member]
Segment Reporting Information [Line Items]
Total net revenues	28,961	27,916	21,953
Lemon Packing [Member] \| Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Total net revenues	19,971	19,156	17,123
Avocados [Member]
Segment Reporting Information [Line Items]
Total net revenues	6,576	9,522	10,767
Costs and expenses	4,399	4,136	4,619
Depreciation and amortization	0	0	0
Operating income	2,177	5,386	6,148
Avocados [Member] \| Operating Segments [Member]
Segment Reporting Information [Line Items]
Total net revenues	6,576	9,522	10,767
Avocados [Member] \| Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Total net revenues	0	0	0
Other Agribusiness [Member]
Segment Reporting Information [Line Items]
Total net revenues	13,938	12,148	10,096
Costs and expenses	9,531	11,712	8,106
Depreciation and amortization	0	0	0
Operating income	4,407	436	1,990
Other Agribusiness [Member] \| Operating Segments [Member]
Segment Reporting Information [Line Items]
Total net revenues	13,938	12,148	10,096
Other Agribusiness [Member] \| Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Total net revenues	0	0	0
Rental Operations [Member]
Segment Reporting Information [Line Items]
Total net revenues	5,048	5,440	5,603
Costs and expenses	3,307	3,170	2,885
Depreciation and amortization	778	762	732
Operating income	963	1,508	1,986
Rental Operations [Member] \| Operating Segments [Member]
Segment Reporting Information [Line Items]
Total net revenues	5,048	5,440	5,603
Rental Operations [Member] \| Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Total net revenues	0	0	0
Real Estate Development [Member]
Segment Reporting Information [Line Items]
Total net revenues	0	0	56
Costs and expenses	1,685	405	2,006
Depreciation and amortization	0	0	55
Operating income	(1,685)	(405)	(2,005)
Real Estate Development [Member] \| Operating Segments [Member]
Segment Reporting Information [Line Items]
Total net revenues	0	0	56
Real Estate Development [Member] \| Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Total net revenues	$ 0	$ 0	$ 0

Segment Information (Reconcilia

Segment Information (Reconciliation of revenue) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	$ 129,392	$ 121,309	$ 111,789
Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	129,392	121,309	111,789
Intersegment Eliminations [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	(19,971)	(19,156)	(17,123)
Fresh Lemons And Lemon Packing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	103,830	94,199	85,267
Fresh Lemons [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	94,840	85,439	80,437
Fresh Lemons [Member] \| Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	94,840	85,439	80,437
Fresh Lemons [Member] \| Intersegment Eliminations [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	0	0	0
Lemon Packing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	8,990	8,760	4,830
Lemon Packing [Member] \| Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	28,961	27,916	21,953
Lemon Packing [Member] \| Intersegment Eliminations [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	19,971	19,156	17,123
Avocados [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	6,576	9,522	10,767
Avocados [Member] \| Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	6,576	9,522	10,767
Avocados [Member] \| Intersegment Eliminations [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	0	0	0
Other Agribusiness [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	13,938	12,148	10,096
Other Agribusiness [Member] \| Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	13,938	12,148	10,096
Other Agribusiness [Member] \| Intersegment Eliminations [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	0	0	0
Total Agri Business [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	124,344	115,869	106,130
Total Agri Business [Member] \| Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	124,344	115,869	106,130
Total Agri Business [Member] \| Intersegment Eliminations [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	0	0	0
Real Estate Leases [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	5,048	5,440	5,603
Real Estate Leases [Member] \| Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	5,048	5,440	5,603
Real Estate Leases [Member] \| Intersegment Eliminations [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	0	0	0
Real Estate Development And Sales [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	0	0	56
Real Estate Development And Sales [Member] \| Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	0	0	56
Real Estate Development And Sales [Member] \| Intersegment Eliminations [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	0	0	0
Navel and Valencia oranges [Member] \| Other Agribusiness [Member] \| Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	8,884	7,099	6,143
Specialty citrus and other crops [Member] \| Other Agribusiness [Member] \| Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	5,054	5,049	3,953
Residential And Commercial Rentals [Member] \| Real Estate Leases [Member] \| Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	3,472	3,589	3,555
Leased Land [Member] \| Real Estate Leases [Member] \| Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	1,252	1,440	1,755
Organic recycling and other [Member] \| Real Estate Leases [Member] \| Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	$ 324	$ 411	$ 293

Sale of Conservation Easement (

Sale of Conservation Easement (Textual) (Details) $ in Thousands	1 Months Ended	12 Months Ended
	Oct. 31, 2016USD ($)a	Oct. 31, 2018USD ($)	Oct. 31, 2017USD ($)	Oct. 31, 2016USD ($)a
Sale Of Conservation Easement [Abstract]
Area of land (acres) \| a	235			235
Proceeds from sale of intangible assets	$ 995	$ 0	$ 0	$ 995
Gain on sale of conservation easement	$ 995	$ 0	$ 0	$ 995