Royal Hawaiian Orchards (NNUTU) 10-Q 15 Aug 16 2016 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 15, 2016
Document Information [Line Items]
Entity Registrant Name	ROYAL HAWAIIAN ORCHARDS, L.P.
Entity Central Index Key	792,161
Trading Symbol	nnutu
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		11,100,000
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 692,000	$ 404,000
Accounts receivable, net	3,551,000	2,306,000
Inventories, net	9,793,000	10,569,000
Deferred farming costs	2,698,000
Other current assets	586,000	371,000
Total current assets	17,320,000	13,650,000
Land, orchards and equipment, net	49,919,000	51,253,000
Other non-current assets	377,000	451,000
Total assets	67,616,000	65,354,000
Liabilities and partners’ capital
Current portion of long-term debt, net	13,762,000	2,166,000
Accounts payable	1,863,000	1,554,000
Accrued payroll and benefits	874,000	823,000
Other current liabilities	328,000	427,000
Total current liabilities	16,827,000	4,970,000
Non-current benefits	702,000	703,000
Long-term debt, net	11,245,000	19,942,000
Deferred income tax liability	1,019,000	1,018,000
Total liabilities	29,793,000	26,633,000
Commitments and contingencies
Partners’ capital
General and limited partners	38,140,000	39,042,000
Accumulated other comprehensive loss	(317,000)	(321,000)
Total partners’ capital	37,823,000	38,721,000
Total liabilities and partners’ capital	$ 67,616,000	$ 65,354,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) $ in Thousands, shares in Millions		3 Months Ended			6 Months Ended
		Jun. 30, 2016		Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Orchards [Member]
Revenues		$ 789	[1]	$ 823	$ 2,671	$ 3,700
Operating (loss) income		1,416		685	2,059	1,494
Branded Products [Member]
Revenues	[2]	5,299		4,271	9,183	4,862
Operating (loss) income		(644)		(32)	(1,408)	(715)
Revenues		6,088	[1]	5,094	11,854	8,562
Cost of orchards revenue		515		534	1,881	2,530
Cost of branded product sales		4,219		3,030	7,108	3,654
Total cost of revenues		4,734		3,564	8,989	6,184
Gross profit		1,354		1,530	2,865	2,378
General and administrative expenses		551		723	1,364	1,330
Selling expenses		1,006		506	2,122	972
Operating (loss) income		(203)		301	(621)	76
Net loss on sale of property and equipment		(2)		(1)	(4)	(1)
Other income (expense)		73		(1)	185	(277)
Interest expense		(304)		(187)	(585)	(299)
(Loss) income before income taxes		(436)		112	(1,025)	(501)
Income tax expense		61		41	101	86
Net (loss) income		(497)		71	(1,126)	(587)
Other comprehensive loss, net of tax
Pension costs		2		1	4	3
Other comprehensive income, net of tax		2		1	4	3
Comprehensive (loss) income		$ (495)		$ 72	$ (1,122)	$ (584)
Net (loss) income per Class A Unit (in dollars per share)		$ (0.04)		$ 0.01	$ (0.10)	$ (0.05)
Cash distributions per Class A Unit (in dollars per share)
Weighted average Class A Units outstanding (in shares)		11.1		11.1	11.1	11.1
[1]	All revenues are from sources within the United States of America, Canada and Asia.
[2]	Branded products revenue is reported net of slotting fees, trade discounts and promotional allowances.

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Partners' Capital (Unaudited) - USD ($) $ in Thousands	Limited Partner [Member]	General Partner [Member]	General and Limited Partners [Member]	AOCI Attributable to Parent [Member]	Total
Partners' capital at Dec. 31, 2014	$ 41,234			$ (186)	$ 41,048
Partners’ capital at beginning of period:
Proceeds from Sale of Interest in Partnership Unit
Limited partners	(587)				(587)
Change in pension and severance obligations				3	3
Partners' capital at Jun. 30, 2015			$ 40,647	(183)	40,464
Partners' capital at Mar. 31, 2015	40,576			(184)	40,392
Partners’ capital at beginning of period:
Proceeds from Sale of Interest in Partnership Unit
Limited partners	71				71
Change in pension and severance obligations				1	1
Partners' capital at Jun. 30, 2015			40,647	(183)	40,464
Partners' capital at Dec. 31, 2015	39,042			(321)	38,721
Partners’ capital at beginning of period:
Proceeds from Sale of Interest in Partnership Unit		224			224
Limited partners	(1,126)				(1,126)
Change in pension and severance obligations				4	4
Partners' capital at Jun. 30, 2016			38,140	(317)	37,823
Partners' capital at Mar. 31, 2016	38,413			(319)	38,094
Partners’ capital at beginning of period:
Proceeds from Sale of Interest in Partnership Unit		$ 224			224
Limited partners	$ (497)				(497)
Change in pension and severance obligations				2	2
Partners' capital at Jun. 30, 2016			$ 38,140	$ (317)	$ 37,823

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net loss	$ (1,126)	$ (587)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	1,539	1,287
Amortization of debt issance costs	24	14
Net loss on sale of property and equipment	4	1
Pension expense	4	3
Increase in accounts receivable	(1,245)	(1,857)
Decrease (increase) in inventory	776	(330)
Increase in deferred farm cost	(2,698)	(2,009)
(Increase) decrease in other current assets	(214)	101
Increase in accounts payable	309	130
Increase (decrease) in accrued payroll	51	(280)
Decrease in accrued expenses & other	(99)	(34)
Total adjustments	(1,549)	(2,974)
Net cash used in operating activities	(2,675)	(3,561)
Cash flows from investing activities:
Capital expenditures	(136)	(9,694)
Net cash used in investing activities	(136)	(9,694)
Cash flows from financing activities:
Debt issuance costs		(296)
Proceeds from sale of general partner interest	224
Proceeds from line of credit	4,000	2,810
Repayment of line of credit	(250)	(1,500)
Proceeds from long-term debt		13,378
Repayment of long-term debt	(875)	(585)
Net cash provided by financing activities	3,099	13,807
Net increase in cash	288	552
Cash and cash equivalents at beginning of period	404	786
Cash and cash equivalents at end of period	$ 692	$ 1,338

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Basis of Accounting [Text Block]	(1) BASIS OF PRESENTATION Royal Hawaiian Orchards, L.P. (the “Partnership”) is a master limited partnership, organized under the laws of the State of Delaware in 1986. The accompanying unaudited condensed consolidated financial statements of the Partnership and its subsidiaries Royal Hawaiian Resources, Inc. (“RHR”) (through June 30, 2016), Royal Hawaiian Services, LLC (“RHS”) and Royal Hawaiian Macadamia Nut, Inc. (“Royal”), include all adjustments (consisting only of those of a normal recurring nature) that, in the opinion of management, are necessary to present fairly their financial position as of June 30, 2016, and December 31, 2015, and the results of operations, changes in partners’ capital and cash flows for the three and six months ended June 30, 2016 and 2015. The results of operations for the three and six months ended June 30, 2016 are not necessarily indicative of the results expected for the full year or for any future period. The December 31, 2015 condensed consolidated balance sheet data in this report was derived from audited consolidated financial statements contained in the Partnership’s Annual Report on Form 10-K for the year ended December 31, 2015 (the “2015 Annual Report”), but does not include all disclosures required by accounting principles generally accepted in the United States of America. The interim consolidated financial statements should be read in conjunction with the Consolidated Financial Statements and the Notes to Consolidated Financial Statements filed with the Securities and Exchange Commission (“SEC”) in the 2015 Annual Report. The Partnership’s business has historically been highly seasonal, reflecting the general pattern of peak harvest and sales of macadamia nuts during the fourth quarter. Commencing in January 2015, the Partnership began inventorying more than 70% of its harvest for use in its branded products segment. The inventoried nuts are sold throughout the year which has reduced seasonality of revenues but increased the inventory balances and costs associated with maintaining such balances. Management is closely monitoring the Partnership’s cash on hand, cash flow provided by operating activities and borrowings under the Partnership’s revolving credit facility and the Partnership’s ability to fund the Partnership’s operating expenses, fund the sales growth of the branded products’ segment and make required debt service payments for the next 12 months, including payment of the 2015 Bridge Loan (as defined below in Note 9 – Debt

Note 2 - Consolidation

Note 2 - Consolidation	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	(2) CONSOLIDATION The consolidated financial statements include the accounts of the Partnership and its subsidiaries. All significant intercompany balances and transactions have been eliminated. The Partnership sold all of the shares of RHR, its general partner, on June 30, 2016 in a related party transaction. See Note 15 – Sale of RHR

Note 3 - New Accounting Standar

Note 3 - New Accounting Standards	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Description of New Accounting Pronouncements Not yet Adopted [Text Block]	(3) NEW ACCOUNTING STANDARDS In February 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update No. 2016-02, “Leases.” The new standard establishes a right-of-use (ROU) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Partnership is currently assessing the provisions of the guidance and the impact of the adoption on its consolidated financial statements. In November 2015, the FASB issued ASU No. 2015-17, “Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes.” ASU No. 2015-17 requires that deferred tax assets and liabilities be classified as noncurrent on the balance sheet. ASU 2015-17 is effective for annual reporting periods beginning after December 15, 2016, and interim periods within those annual periods, with early adoption permitted. The Partnership believes that adoption will not have a material impact on its consolidated financial statements. In July 2015, FASB issued ASU 2015-11, Inventory (Topic 330), Simplifying the Measurement of Inventory, which changes the measurement principle for inventory from the lower of cost or market to the lower of cost and net realizable value. ASU 2015-11 defines net realizable value as estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. ASU 2015-11 is effective for annual and interim periods beginning after December 15, 2016. The Partnership is currently assessing the provisions of the guidance and the impact of the adoption on its consolidated financial statements. In April 2015, the FASB issued Accounting Standards Update No. 2015-03, “Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.” ASU 2015-03 amends current presentation guidance by requiring the debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. Prior to the issuance of ASU 2015-03, debt issuance costs were required to be presented as an asset in the balance sheet. The standard requires retrospective application and represents a change in accounting principle. We adopted the provisions of ASU 2015-03 in the first quarter of 2016 and prior period amounts have been reclassified to conform to the current period presentation. As of June 30, 2016 and December 31, 2015, net debt issuance costs of $175,000 and $199,000, respectively, were reclassified in the Consolidated Balance Sheet from other non-current assets to long-term debt. In August 2014, the FASB issued ASU 2014-15, “Presentation of Financial Statements-Going Concern.” This guidance requires management to evaluate whether there are conditions or events that raise substantial doubt about an entity’s ability to continue as a going concern. If such conditions or events exist, disclosures are required that enable users of the financial statements to understand the nature of the conditions or events, management’s evaluation of the circumstances and management’s plans to mitigate the conditions or events that raise substantial doubt about the entity’s ability to continue as a going concern. ASU No. 2014-15 is effective for annual and interim periods beginning after December 15, 2016, with early adoption permitted. The Partnership is currently assessing the provisions of the guidance and the impact of the adoption on its consolidated financial statements. In May 2014, the FASB issued Accounting Standards Update (“ASU”) 2014-09, “Revenue from Contracts with Customers (Topic 606).” The new guidance provides new criteria for recognizing revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration to which the Partnership expects to be entitled in exchange for those goods or services. The new guidance requires expanded disclosures to provide greater insight into both revenue that has been recognized and revenue that is expected to be recognized in the future from existing contracts. Quantitative and qualitative information will be provided about the significant judgments and changes in those judgments that management made to determine the revenue which is recorded. In August 2015, the FASB issued ASU 2015-14, "Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date. This update deferred the effective date for implementation of this standard by one year. ASU 2014-09 is now effective for annual and interim periods beginning after December 15, 2017. Early adoption is permitted only for annual reporting periods beginning after December 15, 2016, including interim periods within that period. The Partnership is currently assessing the provisions of the guidance and the impact of the adoption on its consolidated financial statements.

Note 4 - Segment Information

Note 4 - Segment Information	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	(4) SEGMENT INFORMATION The Partnership’s two reportable segments, orchards and branded products, are distinct business enterprises that have different products and services, customers, employees and regulatory environments. Both segments are organized on the basis of revenues and assets. The orchards segment derives its revenues from the sale of Wet-In-Shell macadamia nuts, sale of Dry-In-Shell macadamia nuts, sale of macadamia nut kernel to Royal, revenues from contract farming, and orchard lease income. The branded products segment derives its revenues from the sale of branded macadamia nut products and bulk macadamia nut kernel by Royal. Management evaluates the performance of each segment on the basis of operating income and topline growth. The Partnership accounts for intersegment sales and transfers at a predetermined, fixed price based on cost plus a mark-up, and such transactions are eliminated in consolidation. The following tables summarize each reportable segment’s revenues, operating income or loss, assets and other information as of and for the three and six months ended June 30, 2016 and 2015. Due to the seasonality of crop patterns and the timing of nut purchase contract fulfillment, interim results are not necessarily indicative of annual performance. Three Months Ended June 30, 2016 (in thousands) Orchards Branded Products Eliminations/ Reconciliation Total Revenues (1) External customers $ 789 $ 5,299 (2) $ - $ 6,088 Intersegment revenue 5,554 - (5,554 ) - Total revenue $ 6,343 $ 5,299 $ (5,554 ) $ 6,088 Operating income (loss) $ 1,416 $ (644 ) $ (975 ) $ (203 ) Depreciation and amortization $ 732 $ 23 $ - $ 755 Capital expenditures $ 8 $ 12 $ - $ 20 Segment assets $ 76,739 $ 14,412 $ (23,535 ) $ 67,616 Three Months Ended June 30, 2015 Orchards Branded Products Eliminations/ Reconciliation Total Revenues (1) External customers $ 823 $ 4,271 (2) $ - $ 5,094 Intersegment revenue 3,731 - (3,731 ) - Total revenue $ 4,554 $ 4,271 $ (3,731 ) $ 5,094 Operating income (loss) $ 685 $ (32 ) $ (352 ) $ 301 Depreciation and amortization $ 641 $ 28 $ - $ 669 Capital expenditures $ 9,210 $ 50 $ - $ 9,260 Segment assets $ 75,748 $ 13,422 $ (25,493 ) $ 63,677 Six Months Ended June 30, 2016 (in thousands) Orchards Branded Products Eliminations/ Reconciliation Total Revenues (1) External customers $ 2,671 $ 9,183 (2) $ - $ 11,854 Intersegment revenue 10,269 - (10,269 ) - Total revenue $ 12,940 $ 9,183 $ (10,269 ) $ 11,854 Operating income (loss) $ 2,059 $ (1,408 ) $ (1,272 ) $ (621 ) Depreciation and amortization $ 1,495 $ 44 $ - $ 1,539 Capital expenditures $ 79 $ 57 $ - $ 136 Segment assets $ 76,739 $ 14,412 $ (23,535 ) $ 67,616 Six Months Ended June 30, 2015 (in thousands) Orchards Branded Products Eliminations/ Reconciliation Total Revenues (1) External customers $ 3,700 $ 4,862 (2) $ - $ 8,562 Intersegment revenue 6,176 - (6,176 ) - Total revenue $ 9,876 $ 4,862 $ (6,176 ) $ 8,562 Operating income (loss) $ 1,494 $ (715 ) $ (703 ) $ 76 Depreciation and amortization $ 1,249 $ 38 $ - $ 1,287 Capital expenditures $ 9,633 $ 61 $ - $ 9,694 Segment assets $ 75,748 $ 13,422 $ (25,493 ) $ 63,677 (1) All revenues are from sources within the United States of America, Canada and Asia. (2) Branded products revenue is reported net of slotting fees, trade discounts and promotional allowances.

Note 5 - Inventories

Note 5 - Inventories	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Inventory Disclosure [Text Block]	(5) INVENTORIES Inventories consisted of the following (in thousands): June 30, 2016 December 31, 2015 Orchard Branded Product Total Orchard Branded Product Total Nut-in-shell $ - $ - $ - $ 139 $ - $ 139 Dry-in-shell - - - 3,685 - 3,685 Macadamia nut kernel 168 7,269 7,437 - 5,360 5,360 Finished goods - 1,494 1,494 - 771 771 Farming supplies 293 - 293 287 - 287 Packaging, supplies and ingredients - 648 648 - 394 394 Allowance for shrink and obsolescence - (79 ) (79 ) - (67 ) (67 ) $ 461 $ 9,332 $ 9,793 $ 4,111 $ 6,458 $ 10,569

Note 6 - Land, Orchards, and Eq

Note 6 - Land, Orchards, and Equipment	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	(6) LAND, ORCHARDS AND EQUIPMENT Land, orchards and equipment, stated at cost, consisted of the following (in thousands): June 30, 2016 December 31, 2015 Land $ 10,745 $ 10,745 Improvements 2,016 2,016 Machinery and equipment 11,843 8,663 Irrigation well and equipment 2,592 2,592 Producing orchards 76,073 76,073 Construction work-in-progress 49 3,326 Land, orchards and equipment (gross) 103,318 103,415 Less accumulated depreciation and amortization (53,399 ) (52,162 ) Land, orchards and equipment (net) $ 49,919 $ 51,253

Note 7 - Deferred Farming Costs

Note 7 - Deferred Farming Costs	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Deferred Costs Capitalized And Inventory Disclosure [Text Block]	(7) DEFERRED FARMING COSTS Orchard costs (e.g., irrigation, fertilizer, pruning and depreciation) related to nuts sold under nut purchase contracts and services provided under farming contracts were expensed to cost of revenues based on management’s estimate of the costs expected to be incurred to produce macadamia nuts sold during the interim reporting period, with the difference between costs incurred-to-date and costs expensed-to-date reported on the consolidated balance sheet as deferred farming costs. Deferred farming costs historically accumulate during the first and second quarter of the year and are expensed or added to inventory over the remainder of the year. For the first six months of 2016, the Partnership recorded a deferred farming cost of $2,698,000.

Note 8 - Income Taxes

Note 8 - Income Taxes	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Income Tax Disclosure [Text Block]	(8) INCOME TAXES The Partnership is subject to a gross income tax as a result of its election to continue to be taxed as a partnership rather than as a corporation, as allowed by the Taxpayer Relief Act of 1997. This tax is calculated at 3.5% on partnership gross profit. Royal is subject to taxation as a C corporation at the current federal tax rate of 34% and a blended state tax rate of 6.9% on the corporation’s taxable income (loss). As a result of the cumulative tax losses of Royal, the balance of the Partnership’s deferred tax asset at June 30, 2016 was approximately $3.7 million, against which the Partnership has recorded a valuation allowance equal to 100% of the deferred tax asset due to the uncertainty regarding future realization of Royal’s net operating loss carry-forwards.

Note 9 - Debt

Note 9 - Debt	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Debt Disclosure [Text Block]	(9) DEBT As of the indicated dates, the Partnership had the following long-term debt outstanding (in thousands): June 30, 2016 December 31, 2015 Long-Term Debt Revolving Credit Facility (due 2017) $ 8,750 $ 5,000 2015 Bridge Loan (due 2017) (1) 2,835 2,835 2010 Term Loan (due 2020) 4,287 4,725 2015 6-Year Term Loan (due 2021) 4,229 4,594 2015 20-Year Term Loan (due 2035) 5,068 5,133 Other 13 20 Total principal amount of long-term debt 25,182 22,307 Less: unamortized debt issuance costs (175 ) (199 ) Total long-term debt, net of unamortized loan fees 25,007 22,108 Less: current portion of long-term debt, net (13,762 ) (2,166 ) Long-Term Debt, net of associated unamortized loan fees $ 11,245 $ 19,942 ___________________ (1) Maturity date for the 2015 Bridge Loan may be earlier than 2017. See description of the 2015 Bridge Loan below. The following table summarizes the Partnership’s principal maturities of its debt (in thousands): Payments Due by Period Total 2016 (1) 2017 2018 2019 2020 Remaining Debt $ 25,182 $ 1,101 $ 13,779 $ 2,188 $ 2,188 $ 1,751 $ 4,175 _________________________ (1) For remainder of 2016. Credit Agreement with AgCredit PCA Pursuant to the Fourth Amended and Restated Credit Agreement, dated July 15, 2010 (as amended, the “Prior PCA Credit Agreement”), by and between the Partnership and the Partnership’s wholly owned subsidiary Royal, as the borrowers, and American AgCredit, PCA, as lender (“AgCredit PCA”), the Partnership had a revolving credit facility for $5 million (the “Revolving Credit Facility”) and an existing term loan of $10.5 million (the “2010 Term Loan”). The Prior PCA Credit Agreement was amended on various dates in 2011 through February 27, 2015, to extend the maturity date of the Revolving Credit Facility. On March 27, 2015, the Partnership and each of its wholly owned subsidiaries RHR, Royal and RHS, as the borrowers (the “Borrowers”), and AgCredit PCA, as lender and as agent for such other persons who may be added as lenders from time to time, entered into an Amended and Restated Credit Agreement that amended and restated the terms of the Partnership’s outstanding borrowings with AgCredit PCA (as amended by the First PCA Credit Agreement Amendment, the Second PCA Credit Agreement Amendment, the Third PCA Credit Agreement Amendment, the Fourth PCA Credit Agreement Amendment, and the Fifth PCA Credit Agreement Amendment (each defined below), the “Amended PCA Credit Agreement”). The Amended PCA Credit Agreement (i) increased the amount of the Revolving Credit Facility from $5 million to $9 million and extended its maturity from March 31, 2015, to March 27, 2017; (ii) reduced the interest rate of the 2010 Term Loan; and (iii) added a new term loan of $5.25 million that matures on March 27, 2021 (the “2015 6-Year Term Loan”). Pursuant to the Amended PCA Credit Agreement, the Revolving Credit Facility, the 2010 Term Loan, the 2015 6-Year Term Loan and the 2015 Bridge Loan (as defined below) are collateralized by all of the personal and real property assets of the Borrowers other than RHR. The Amended PCA Credit Agreement contains certain restrictions associated with partner distributions, further indebtedness, sales of assets, and maintenance of certain financial covenants. In connection with the June 2015 acquisition by the Partnership of 736 acres of land, including improvements, 641 acres of macadamia nut trees, and windbreak trees, (the “Becker Property Acquisition”), the Borrowers entered into the First Amendment to Amended and Restated Credit Agreement with AgCredit PCA, effective as of June 15, 2015 (the “First PCA Credit Agreement Amendment”). On June 29, 2015, the Borrowers entered into a Second Amendment to Amended and Restated Credit Agreement with AgCredit PCA (the “Second PCA Credit Agreement Amendment”) to delete a financial covenant for the quarter ended June 30, 2015. On September 22, 2015, the Borrowers entered into a Third Amendment to Amended and Restated Credit Agreement with AgCredit PCA (the “Third PCA Credit Agreement Amendment”) to delete a financial covenant for the quarter ended September 30, 2015. On March 11, 2016, the Borrowers executed the Fourth Amendment to Amended and Restated Credit Agreement and Waiver (the “Fourth PCA Credit Agreement Amendment”) with AgCredit PCA to (i) extend the maturity date of the 2015 Bridge Loan from March 15, 2016 to January 15, 2017; (ii) increase the interest rate on the 2015 Bridge Loan as of September 1, 2016 from the Base Rate (as defined below under 2015 Bride Loan) plus 0.75% to the Base Rate plus 1.00%; (iii) reduce the minimum Consolidated EBITDA (as defined in the Amended PCA Credit Agreement) (A) for the quarter ending March 31, 2016 from $3,500,000 to $1,000,000, (B) for the quarter ending June 30, 2016 from $4,000,000 to $1,250,000, (C) for the quarter ending September 30, 2016 from $5,000,000 to $2,000,000, and (D) for the quarter ending December 31, 2016 from $5,000,000 to $4,000,000, and (iv) waive the Partnership’s non-compliance with the Consolidated EBITDA covenant for the quarter ended December 31, 2015. For the quarter ending March 31, 2017, and all future quarters, the minimum Consolidated EBITDA requirement remains at $5,000,000. In connection with the sale of RHR, on June 30, 2016, the Borrowers executed the Fifth Amendment to Amended and Restated Credit Agreement and Consent (the “Fifth PCA Credit Agreement Amendment”) with American AgCredit, PCA, to remove RHR as a party to the Loan Documents (as defined in the Amended PCA Credit Agreement) and release RHR from liability under the Loan Documents, other than from such liability as it may have as general partner of the Partnership. Revolving Credit Facility. The Wall Street Journal As of June 30, 2016 and December 31, 2015, the outstanding balance on the Revolving Credit Facility was $8.750 million and $5 million, respectively. 2010 Term Loan. 2015 6-Year Term Loan. 2015 Bridge Loan. The Wall Street Journal , 2015 20-Year Term Loan.

Note 10 - Fair Value Measuremen

Note 10 - Fair Value Measurements	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Fair Value Disclosures [Text Block]	(10) FAIR VALUE MEASUREMENTS The fair value of the Revolving Credit Facility is approximately the carrying value due to the variability of the interest rate and frequency that the interest rate resets on the line of credit. The estimated fair value of the Partnership’s fixed-rate bridge loan and term loans was determined using a discounted cash flow model using an estimated market interest rate of 4.00% in 2016 and 2015 with similar terms and remaining maturities to that of the current financial instruments. The Partnership has not considered lender fees in determining the estimated fair value. The estimated fair values of the Partnership’s financial instruments are as follows (in thousands): June 30, 2016 December 31, 2015 Carrying Amount Fair Value Carrying Amount Fair Value Long-term debt $ 16,432 $ 16,863 $ 17,307 $ 18,023 Revolving credit facility 8,750 8,750 5,000 5,000 $ 25,182 $ 25,613 $ 22,307 $ 23,023 The inputs used in determining the fair value of the bridge and term loans and Revolving Credit Facility are classified as Level 3 within the fair value measurement hierarchy.

Note 11 - Partners' Capital

Note 11 - Partners' Capital	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Partners' Capital Notes Disclosure [Text Block]	(11) PARTNERS’ CAPITAL Net losses are allocated 1% to the general partner and 99% to the holders of the Class A Units in proportion to the number of Class A Units held. On June 30, 2016, the partnership sold all of the shares of RHR for $224,000. See Note 15 – Sale of RHR.

Note 12 - Pension Plan

Note 12 - Pension Plan	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	(12) PENSION PLAN The Partnership sponsors a defined benefit pension plan covering employees who are members of a union bargaining unit. The Partnership’s funding policy is to contribute an amount to the plan sufficient to meet the minimum funding requirements set forth in the Employee Retirement Income Security Act of 1974. The components of net periodic pension cost consisted of the following (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Service cost $ 16 $ 17 $ 33 $ 34 Interest cost 17 16 33 31 Expected return on plan assets (16 ) (17 ) (33 ) (34 ) Amortization of net actuarial loss and prior service cost 2 1 5 3 Net periodic pension cost $ 19 $ 17 $ 38 $ 34

Note 13 - Intermittent Severanc

Note 13 - Intermittent Severance Plan	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Postemployment Benefits Disclosure [Text Block]	(13) INTERMITTENT SEVERANCE PLAN The Partnership sponsors a defined intermittent severance benefit plan covering employees who are members of a union bargaining unit and not covered by the defined benefit pension plan. Payment of the severance benefit is made when covered employees cease employment with the Partnership under certain terms and conditions as defined in the union bargaining agreement. The components of net periodic intermittent severance cost consisted of the following (in thousands): Intermittent Severance Plan Cost Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Service cost $ 4 $ 5 $ 8 $ 10 Interest Cost 3 3 7 7 Net periodic intermittent severance cost $ 7 $ 8 $ 15 $ 17

Note 14 - Commitments and Conti

Note 14 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	(14) COMMITMENTS AND CONTINGENCIES The Partnership is involved in various commercial claims, litigation and other legal proceedings that arise in the ordinary course of its business. The Partnership assesses these claims in an effort to determine the degree of probability and loss for potential accrual in its financial statements. In accordance with ASC 450, “Contingencies,” an accrual is recorded for a loss contingency when its occurrence is probable and damages are reasonably estimable based on the anticipated most likely outcome or the minimum amount within a range of possible outcomes. Because legal proceedings are inherently unpredictable, and unfavorable resolutions can occur, assessing contingencies is highly subjective and requires judgments about uncertain future events. When evaluating contingencies, the Partnership may be unable to provide a meaningful estimate of loss or recovery due to a number of factors, including the procedural status of the matter in question, the presence of complex or novel legal theories, the ongoing discovery and/or development of information important to the matter. The Partnership’s material litigation loss contingency is discussed below. The Partnership is unable to estimate reasonably possible losses (in excess of recorded accruals, if any) for this contingency for the reasons set forth below. Edmund C. Olson, as Trustee of The Edmund C. Olson Trust No. 2 vs. Royal Hawaiian Orchards, L.P. No amounts have been accrued in the accompanying financial statements due to the uncertainty of the conclusions to be reached by the panel in the final report and the costs involved to implement the panel’s recommendations.

Note 15 - Sale of RHR

Note 15 - Sale of RHR	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	(1 5 ) SALE OF RHR On June 30, 2016, the Partnership entered into a definitive Stock Purchase Agreement (the “Agreement”) with Crescent River Agriculture LLC, a Wyoming limited liability company (“Crescent River”) and a related party, pursuant to which the Partnership sold all of the issued and outstanding shares of capital stock of RHR to Crescent River for $224,000. The only asset of RHR consists of a 1% general partnership interest in the Partnership. The general partnership interest is unregistered and non-transferrable. Pursuant to the terms of the Amended and Restated Agreement of Limited Partnership, dated as of October 1, 2012, as amended November 1, 2013 (the “Partnership Agreement”), RHR is also entitled to an annual management fee equal to 2% of Operating Cash Flow (as defined by the Partnership Agreement) and an incentive fee if net cash flow of the partnership exceeds certain levels defined in the Partnership Agreement. The management fee has been waived by RHR since it became a wholly-owned subsidiary of the Partnership in 2005. The incentive fee has not been earned by RHR for at least 15 years. As part of the transaction, RHR agreed to waive both the management fee and the incentive fee for fiscal 2016, 2017, and 2018. After 2018, RHR will be eligible to earn the management fee and the incentive fee. Pursuant to the Partnership Agreement, the Partnership will still be required to reimburse RHR for expenses incurred in managing the Partnership.

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	(3) NEW ACCOUNTING STANDARDS In February 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update No. 2016-02, “Leases.” The new standard establishes a right-of-use (ROU) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Partnership is currently assessing the provisions of the guidance and the impact of the adoption on its consolidated financial statements. In November 2015, the FASB issued ASU No. 2015-17, “Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes.” ASU No. 2015-17 requires that deferred tax assets and liabilities be classified as noncurrent on the balance sheet. ASU 2015-17 is effective for annual reporting periods beginning after December 15, 2016, and interim periods within those annual periods, with early adoption permitted. The Partnership believes that adoption will not have a material impact on its consolidated financial statements. In July 2015, FASB issued ASU 2015-11, Inventory (Topic 330), Simplifying the Measurement of Inventory, which changes the measurement principle for inventory from the lower of cost or market to the lower of cost and net realizable value. ASU 2015-11 defines net realizable value as estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. ASU 2015-11 is effective for annual and interim periods beginning after December 15, 2016. The Partnership is currently assessing the provisions of the guidance and the impact of the adoption on its consolidated financial statements. In April 2015, the FASB issued Accounting Standards Update No. 2015-03, “Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.” ASU 2015-03 amends current presentation guidance by requiring the debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. Prior to the issuance of ASU 2015-03, debt issuance costs were required to be presented as an asset in the balance sheet. The standard requires retrospective application and represents a change in accounting principle. We adopted the provisions of ASU 2015-03 in the first quarter of 2016 and prior period amounts have been reclassified to conform to the current period presentation. As of June 30, 2016 and December 31, 2015, net debt issuance costs of $175,000 and $199,000, respectively, were reclassified in the Consolidated Balance Sheet from other non-current assets to long-term debt. In August 2014, the FASB issued ASU 2014-15, “Presentation of Financial Statements-Going Concern.” This guidance requires management to evaluate whether there are conditions or events that raise substantial doubt about an entity’s ability to continue as a going concern. If such conditions or events exist, disclosures are required that enable users of the financial statements to understand the nature of the conditions or events, management’s evaluation of the circumstances and management’s plans to mitigate the conditions or events that raise substantial doubt about the entity’s ability to continue as a going concern. ASU No. 2014-15 is effective for annual and interim periods beginning after December 15, 2016, with early adoption permitted. The Partnership is currently assessing the provisions of the guidance and the impact of the adoption on its consolidated financial statements. In May 2014, the FASB issued Accounting Standards Update (“ASU”) 2014-09, “Revenue from Contracts with Customers (Topic 606).” The new guidance provides new criteria for recognizing revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration to which the Partnership expects to be entitled in exchange for those goods or services. The new guidance requires expanded disclosures to provide greater insight into both revenue that has been recognized and revenue that is expected to be recognized in the future from existing contracts. Quantitative and qualitative information will be provided about the significant judgments and changes in those judgments that management made to determine the revenue which is recorded. In August 2015, the FASB issued ASU 2015-14, "Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date. This update deferred the effective date for implementation of this standard by one year. ASU 2014-09 is now effective for annual and interim periods beginning after December 15, 2017. Early adoption is permitted only for annual reporting periods beginning after December 15, 2016, including interim periods within that period. The Partnership is currently assessing the provisions of the guidance and the impact of the adoption on its consolidated financial statements.

Note 4 - Segment Information (T

Note 4 - Segment Information (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended June 30, 2016 (in thousands) Orchards Branded Products Eliminations/ Reconciliation Total Revenues (1) External customers $ 789 $ 5,299 (2) $ - $ 6,088 Intersegment revenue 5,554 - (5,554 ) - Total revenue $ 6,343 $ 5,299 $ (5,554 ) $ 6,088 Operating income (loss) $ 1,416 $ (644 ) $ (975 ) $ (203 ) Depreciation and amortization $ 732 $ 23 $ - $ 755 Capital expenditures $ 8 $ 12 $ - $ 20 Segment assets $ 76,739 $ 14,412 $ (23,535 ) $ 67,616 Three Months Ended June 30, 2015 Orchards Branded Products Eliminations/ Reconciliation Total Revenues (1) External customers $ 823 $ 4,271 (2) $ - $ 5,094 Intersegment revenue 3,731 - (3,731 ) - Total revenue $ 4,554 $ 4,271 $ (3,731 ) $ 5,094 Operating income (loss) $ 685 $ (32 ) $ (352 ) $ 301 Depreciation and amortization $ 641 $ 28 $ - $ 669 Capital expenditures $ 9,210 $ 50 $ - $ 9,260 Segment assets $ 75,748 $ 13,422 $ (25,493 ) $ 63,677 Six Months Ended June 30, 2016 (in thousands) Orchards Branded Products Eliminations/ Reconciliation Total Revenues (1) External customers $ 2,671 $ 9,183 (2) $ - $ 11,854 Intersegment revenue 10,269 - (10,269 ) - Total revenue $ 12,940 $ 9,183 $ (10,269 ) $ 11,854 Operating income (loss) $ 2,059 $ (1,408 ) $ (1,272 ) $ (621 ) Depreciation and amortization $ 1,495 $ 44 $ - $ 1,539 Capital expenditures $ 79 $ 57 $ - $ 136 Segment assets $ 76,739 $ 14,412 $ (23,535 ) $ 67,616 Six Months Ended June 30, 2015 (in thousands) Orchards Branded Products Eliminations/ Reconciliation Total Revenues (1) External customers $ 3,700 $ 4,862 (2) $ - $ 8,562 Intersegment revenue 6,176 - (6,176 ) - Total revenue $ 9,876 $ 4,862 $ (6,176 ) $ 8,562 Operating income (loss) $ 1,494 $ (715 ) $ (703 ) $ 76 Depreciation and amortization $ 1,249 $ 38 $ - $ 1,287 Capital expenditures $ 9,633 $ 61 $ - $ 9,694 Segment assets $ 75,748 $ 13,422 $ (25,493 ) $ 63,677

Note 5 - Inventories (Tables)

Note 5 - Inventories (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Schedule of Inventory, Current [Table Text Block]	June 30, 2016 December 31, 2015 Orchard Branded Product Total Orchard Branded Product Total Nut-in-shell $ - $ - $ - $ 139 $ - $ 139 Dry-in-shell - - - 3,685 - 3,685 Macadamia nut kernel 168 7,269 7,437 - 5,360 5,360 Finished goods - 1,494 1,494 - 771 771 Farming supplies 293 - 293 287 - 287 Packaging, supplies and ingredients - 648 648 - 394 394 Allowance for shrink and obsolescence - (79 ) (79 ) - (67 ) (67 ) $ 461 $ 9,332 $ 9,793 $ 4,111 $ 6,458 $ 10,569

Note 6 - Land, Orchards, and 24

Note 6 - Land, Orchards, and Equipment (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Property, Plant and Equipment [Table Text Block]	June 30, 2016 December 31, 2015 Land $ 10,745 $ 10,745 Improvements 2,016 2,016 Machinery and equipment 11,843 8,663 Irrigation well and equipment 2,592 2,592 Producing orchards 76,073 76,073 Construction work-in-progress 49 3,326 Land, orchards and equipment (gross) 103,318 103,415 Less accumulated depreciation and amortization (53,399 ) (52,162 ) Land, orchards and equipment (net) $ 49,919 $ 51,253

Note 9 - Debt (Tables)

Note 9 - Debt (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Schedule of Debt [Table Text Block]	June 30, 2016 December 31, 2015 Long-Term Debt Revolving Credit Facility (due 2017) $ 8,750 $ 5,000 2015 Bridge Loan (due 2017) (1) 2,835 2,835 2010 Term Loan (due 2020) 4,287 4,725 2015 6-Year Term Loan (due 2021) 4,229 4,594 2015 20-Year Term Loan (due 2035) 5,068 5,133 Other 13 20 Total principal amount of long-term debt 25,182 22,307 Less: unamortized debt issuance costs (175 ) (199 ) Total long-term debt, net of unamortized loan fees 25,007 22,108 Less: current portion of long-term debt, net (13,762 ) (2,166 ) Long-Term Debt, net of associated unamortized loan fees $ 11,245 $ 19,942
Schedule of Maturities of Long-term Debt [Table Text Block]	Payments Due by Period Total 2016 (1) 2017 2018 2019 2020 Remaining Debt $ 25,182 $ 1,101 $ 13,779 $ 2,188 $ 2,188 $ 1,751 $ 4,175

Note 10 - Fair Value Measurem26

Note 10 - Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]	June 30, 2016 December 31, 2015 Carrying Amount Fair Value Carrying Amount Fair Value Long-term debt $ 16,432 $ 16,863 $ 17,307 $ 18,023 Revolving credit facility 8,750 8,750 5,000 5,000 $ 25,182 $ 25,613 $ 22,307 $ 23,023

Note 12 - Pension Plan (Tables)

Note 12 - Pension Plan (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Service cost $ 16 $ 17 $ 33 $ 34 Interest cost 17 16 33 31 Expected return on plan assets (16 ) (17 ) (33 ) (34 ) Amortization of net actuarial loss and prior service cost 2 1 5 3 Net periodic pension cost $ 19 $ 17 $ 38 $ 34

Note 13 - Intermittent Severa28

Note 13 - Intermittent Severance Plan (Tables)	6 Months Ended
	Jun. 30, 2016
Intermittent Severance Plan [Member]
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Intermittent Severance Plan Cost Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Service cost $ 4 $ 5 $ 8 $ 10 Interest Cost 3 3 7 7 Net periodic intermittent severance cost $ 7 $ 8 $ 15 $ 17
Schedule of Net Benefit Costs [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Service cost $ 16 $ 17 $ 33 $ 34 Interest cost 17 16 33 31 Expected return on plan assets (16 ) (17 ) (33 ) (34 ) Amortization of net actuarial loss and prior service cost 2 1 5 3 Net periodic pension cost $ 19 $ 17 $ 38 $ 34

Note 3 - New Accounting Stand29

Note 3 - New Accounting Standards (Details Textual) - Reclassification From Other Non-current Assets to Non-current Portion of Long-term Debt [Member]	6 Months Ended
	Jun. 30, 2016USD ($)
December 31, 2015 [Member]
Prior Period Reclassification Adjustment	$ 175,000
Current Period Reclassification Adjustment	$ 199,000

Note 4 - Segment Information (D

Note 4 - Segment Information (Details Textual)	6 Months Ended
	Jun. 30, 2016
Number of Reportable Segments	2

Note 4 - Reportable Segments (D

Note 4 - Reportable Segments (Details) - USD ($) $ in Thousands		3 Months Ended			6 Months Ended
		Jun. 30, 2016		Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Orchards [Member] | Intersegment Eliminations [Member]
Revenues1
Revenues		$ 5,554		$ 3,731	$ 10,269	$ 6,176
Orchards [Member] | Operating Segments [Member]
Revenues1
Revenues		6,343		4,554	12,940	9,876
Orchards [Member]
Revenues1
Revenues		789	[1]	823	2,671	3,700
Operating income (loss)		1,416		685	2,059	1,494
Depreciation and amortization		732		641	1,495	1,249
Capital expenditures		8		9,210	79	9,633
Segment assets		76,739		75,748	76,739	75,748
Branded Products [Member] | Intersegment Eliminations [Member]
Revenues1
Revenues
Branded Products [Member] | Operating Segments [Member]
Revenues1
Revenues		5,299		4,271	9,183	4,862
Branded Products [Member]
Revenues1
Revenues	[2]	5,299		4,271	9,183	4,862
Operating income (loss)		(644)		(32)	(1,408)	(715)
Depreciation and amortization		23		28	44	38
Capital expenditures		12		50	57	61
Segment assets		14,412		13,422	14,412	13,422
Consolidation Reconciliation [Member] | Intersegment Eliminations [Member]
Revenues1
Revenues		(5,554)		(3,731)	(10,269)	(6,176)
Consolidation Reconciliation [Member] | Operating Segments [Member]
Revenues1
Revenues		(5,554)		(3,731)	(10,269)	(6,176)
Consolidation Reconciliation [Member]
Revenues1
Revenues			[1]
Operating income (loss)		(975)		(352)	(1,272)	(703)
Depreciation and amortization
Capital expenditures
Segment assets		(23,535)		(25,493)	(23,535)	(25,493)
Intersegment Eliminations [Member]
Revenues1
Revenues
Operating Segments [Member]
Revenues1
Revenues		6,088		5,094	11,854	8,562
Revenues		6,088	[1]	5,094	11,854	8,562
Operating income (loss)		(203)		301	(621)	76
Depreciation and amortization		755		669	1,539	1,287
Capital expenditures		20		9,260	136	9,694
Segment assets		$ 67,616		$ 63,677	$ 67,616	$ 63,677	$ 65,354
[1]	All revenues are from sources within the United States of America, Canada and Asia.
[2]	Branded products revenue is reported net of slotting fees, trade discounts and promotional allowances.

Note 5 - Summary of Inventories

Note 5 - Summary of Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Nut In Shell [Member] | Orchards [Member]
Nut-in-shell		$ 139
Nut In Shell [Member] | Branded Products [Member]
Nut-in-shell
Nut In Shell [Member]
Nut-in-shell		139
Dry In Shell [Member] | Orchards [Member]
Nut-in-shell		3,685
Dry In Shell [Member] | Branded Products [Member]
Nut-in-shell
Dry In Shell [Member]
Nut-in-shell		3,685
Orchards [Member]
Macadamia nut kernel	168
Finished goods
Farming supplies	293	287
Packaging, supplies and ingredients
Allowance for shrink and obsolescence
Inventories, net	461	4,111
Branded Products [Member]
Macadamia nut kernel	7,269	5,360
Finished goods	1,494	771
Farming supplies
Packaging, supplies and ingredients	648	394
Allowance for shrink and obsolescence	(79)	(67)
Inventories, net	9,332	6,458
Macadamia nut kernel	7,437	5,360
Finished goods	1,494	771
Farming supplies	293	287
Packaging, supplies and ingredients	648	394
Allowance for shrink and obsolescence	(79)	(67)
Inventories, net	$ 9,793	$ 10,569

Note 6 - Land, Orchards, and 33

Note 6 - Land, Orchards, and Equipment, Stated at Cost (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Land [Member]
Land, orchards and equipment, gross	$ 10,745	$ 10,745
Land Improvements [Member]
Land, orchards and equipment, gross	2,016	2,016
Machinery and Equipment [Member]
Land, orchards and equipment, gross	11,843	8,663
Irrigation Well And Equipment [Member]
Land, orchards and equipment, gross	2,592	2,592
Producing Orchards [Member]
Land, orchards and equipment, gross	76,073	76,073
Construction in Progress [Member]
Land, orchards and equipment, gross	49	3,326
Land, orchards and equipment, gross	103,318	103,415
Less accumulated depreciation and amortization	(53,399)	(52,162)
Land, orchards and equipment (net)	$ 49,919	$ 51,253

Note 7 - Deferred Farming Cos34

Note 7 - Deferred Farming Costs (Details Textual) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Deferred Costs, Current	$ 2,698,000

Note 8 - Income Taxes (Details

Note 8 - Income Taxes (Details Textual) $ in Millions	6 Months Ended
	Jun. 30, 2016USD ($)
Royal Hawaiian Macadamia Nut Inc [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	34.00%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	6.90%
Deferred Tax Assets, Gross	$ 3.7
Valuation Allowance As Percentage Of Deferred Tax Asset	100.00%
Gross Income Tax Rate For Partnership	3.50%

Note 9 - Debt (Details Textual)

Note 9 - Debt (Details Textual)		Sep. 01, 2016	Mar. 11, 2016USD ($)	Jun. 15, 2015USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016	Dec. 31, 2015USD ($)	Jun. 29, 2015	Jun. 16, 2015a	Mar. 31, 2015	Mar. 27, 2015USD ($)	Mar. 26, 2015USD ($)
Revolving Credit Facility [Member] | American Ag Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity												$ 5,000,000
Percentage In Excess Of Federal Funds Rate					0.50%
Debt Instrument, Interest Rate, Stated Percentage								6.00%		6.50%
Revolving Credit Facility [Member] | Maximum [Member]
Line of Credit Facility, Commitment Fee Percentage					0.375%
Revolving Credit Facility [Member]
Line of Credit Facility, Interest Rate at Period End					4.50%
Long-term Line of Credit					$ 8,750,000		$ 5,000,000
American Ag Credit [Member] | The 2010 Term Loan [Member]
Long-term Debt, Gross											$ 10,500,000
American Ag Credit [Member] | The 2015 6-year Term Loan [Member] | Second Term Loan [Member]
Long-term Debt, Gross											$ 5,250,000
Debt Instrument, Interest Rate, Stated Percentage						4.01%
Long-term Debt					$ 4,229,000		4,594,000
American AgCredit, FLCA [Member] | The 2015 20-Year Term Loan [Member]
Long-term Debt, Gross				$ 5,000,000
Debt Instrument, Term				9 years
Debt Instrument, Interest Rate, Stated Percentage				5.29%
Long-term Debt				$ 5.265
American AgCredit, FLCA [Member] | For the Quarter Ending December 31, 2016 [Member]
Minimum Consolidated EBITDA Ratio Required by Credit Agreement			5.5		4
American AgCredit, PCA [Member] | 2015 Bridge Loan [Member] | Base Rate [Member] | Scenario, Forecast [Member]
Debt Instrument, Basis Spread on Variable Rate		1.00%
American AgCredit, PCA [Member] | 2015 Bridge Loan [Member] | Base Rate [Member]
Debt Instrument, Basis Spread on Variable Rate					0.75%
American AgCredit, PCA [Member] | For the Quarter Ending March 31, 2016 [Member]
Minimum Consolidated EBITDA Required by Credit Agreement			$ 1,000,000		$ 3,500,000
American AgCredit, PCA [Member] | For the Quarter Ending June 30, 2016 [Member]
Minimum Consolidated EBITDA Required by Credit Agreement			1,250,000		4,000,000
American AgCredit, PCA [Member] | For the Quarter Ending September 30, 2016 [Member]
Minimum Consolidated EBITDA Required by Credit Agreement			2,000,000		5,000,000
American AgCredit, PCA [Member] | For the Quarter Ending December 31, 2016 [Member]
Minimum Consolidated EBITDA Required by Credit Agreement			4,000,000		5,000,000
American AgCredit, PCA [Member] | For the Quarter Ending March 31, 2017, and All Future Quarters [Member]
Minimum Consolidated EBITDA Required by Credit Agreement			$ 5,000,000
AgCredit [Member] | Bridge Loan [Member] | Base Rate [Member] | Scenario, Forecast [Member]
Debt Instrument, Interest Rate, Increase (Decrease)		1.00%
AgCredit [Member] | Bridge Loan [Member] | Base Rate [Member]
Debt Instrument, Basis Spread on Variable Rate				0.75%
Percentage In Excess Of Federal Funds Rate				0.50%
AgCredit [Member] | Bridge Loan [Member]
Long-term Debt, Gross				$ 2,835,000	2,835,000		2,835,000
The 2010 Term Loan [Member]
Long-term Debt, Gross					4,287,000		4,725,000
Long-term Debt					4,287,000		4,725,000
The 2015 20-Year Term Loan [Member]
Long-term Debt, Gross					5,068,000		5,133,000
The 2015 6-year Term Loan [Member]
Long-term Debt, Gross					4,229,000		4,594,000
Bridge Loan [Member]
Long-term Debt, Gross	[1]				2,835,000		2,835,000
Geyser Asset Management Inc [Member] | Keaau Hawaii [Member]
Area of Land | a									736
Keaau Hawaii [Member] | Land With Macadamia Nut Trees and Windbreak Trees [Member]
Area of Land | a									641
Long-term Debt, Gross					25,182,000		22,307,000
Long-term Debt					$ 25,182,000		$ 22,307,000
[1]	Maturity date for the 2015 Bridge Loan may be earlier than 2017. See description of the 2015 Bridge Loan below.

Note 9 - Long-Term Debt Oustand

Note 9 - Long-Term Debt Oustanding (Details) - USD ($)		Jun. 30, 2016	Dec. 31, 2015
Line of Credit [Member]
Long-Term Debt		$ 8,750,000	$ 5,000,000
Bridge Loan [Member]
Long-Term Debt	[1]	2,835,000	2,835,000
The 2010 Term Loan [Member]
Long-Term Debt		4,287,000	4,725,000
The 2015 6-year Term Loan [Member]
Long-Term Debt		4,229,000	4,594,000
The 2015 20-Year Term Loan [Member]
Long-Term Debt		5,068,000	5,133,000
BOH [Member]
Long-Term Debt		13,000	20,000
Long-Term Debt		25,182,000	22,307,000
Less: unamortized debt issuance costs		175,000	199,000
Total long-term debt, net of unamortized loan fees		25,007,000	22,108,000
Current portion of long-term debt		13,762,000	2,166,000
Long-Term Debt, net of associated unamortized loan fees		$ 11,245,000	$ 19,942,000
[1]	Maturity date for the 2015 Bridge Loan may be earlier than 2017. See description of the 2015 Bridge Loan below.

Note 9 - Maturities of Long-ter

Note 9 - Maturities of Long-term Debt (Details) $ in Thousands	Jun. 30, 2016USD ($)
Total	$ 25,182
2,016	1,101	[1]
2,017	13,779
2,018	2,188
2,019	2,188
2,020	1,751
Remaining	$ 4,175
[1]	For remainder of 2016.

Note 10 - Fair Value Measurem39

Note 10 - Fair Value Measurements (Details Textual)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Inputs, Level 3 [Member]
Fair Value Inputs, Discount Rate	4.00%	4.00%

Note 10 - Estimated Fair Values

Note 10 - Estimated Fair Values of Financial Instrument (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Long-term Debt Excluding Line of Credit [Member]
Long-term Debt	$ 16,432	$ 17,307
Long-term debt	16,863	18,023
Line of Credit [Member]
Long-term Debt	8,750	5,000
Long-term debt	8,750	5,000
Long-term Debt	25,182	22,307
Long-term debt	$ 25,613	$ 23,023

Note 11 - Partners' Capital (De

Note 11 - Partners' Capital (Details Textual) - USD ($)	Jun. 30, 2016	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Royal Hawaiian Resources [Member] | General Partner [Member]
Proceeds from Sale of Interest in Partnership Unit	$ 224,000			$ 224,000
General Partner [Member]
Proceeds from Sale of Interest in Partnership Unit		$ 224,000		$ 224,000
Net Loss, Percent Allocated to General Partner				1.00%
Net Loss, Percentage Allocated to Class A Unit Holders				99.00%
Proceeds from Sale of Interest in Partnership Unit		$ 224,000		$ 224,000
Increase (Decrease) in Partners' Capital				$ 224,000

Note 12 - Components of Net Per

Note 12 - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Pension Plan [Member]
Service cost	$ 16	$ 17	$ 33	$ 34
Interest cost	17	16	33	31
Expected return on plan assets	(16)	(17)	(33)	(34)
Amortization of net actuarial loss and prior service cost	2	1	5	3
Net periodic pension cost	19	17	38	34
Service cost	4	5	8	10
Interest cost	3	3	7	7
Amortization of net actuarial loss and prior service cost	(2)	(1)	(4)	(3)
Net periodic pension cost	$ 7	$ 8	$ 15	$ 17

Note 13 - Components of Net Per

Note 13 - Components of Net Periodic Intermittent Severance Cost (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Service cost	$ 4	$ 5	$ 8	$ 10
Interest cost	3	3	7	7
Net periodic pension cost	$ 7	$ 8	$ 15	$ 17

Note 15 - Sale of RHR (Details

Note 15 - Sale of RHR (Details Textual) - USD ($)	Jun. 30, 2016	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Royal Hawaiian Resources [Member] | General Partner [Member]
Proceeds from Sale of Interest in Partnership Unit	$ 224,000			$ 224,000
General Partner [Member]
Proceeds from Sale of Interest in Partnership Unit		$ 224,000		224,000
Proceeds from Sale of Interest in Partnership Unit		$ 224,000		$ 224,000
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest				1.00%
Annual Management Fee Entitlement, Percent of Operating Cash Flow				2.00%
Period Without Incentive Fee Earnings				15 years