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Document And Entity Information - shares	3 Months Ended
Document And Entity Information - shares	Jan. 31, 2018	Feb. 28, 2018
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jan. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q1
Entity Registrant Name	Limoneira CO
Entity Central Index Key	0001342423
Current Fiscal Year End Date	--10-31
Entity Filer Category	Accelerated Filer
Trading Symbol	LMNR
Entity Common Stock, Shares Outstanding		14,532,952

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jan. 31, 2018	Oct. 31, 2017
Current assets:
Cash	$ 546	$ 492
Accounts receivable, net	13,478	10,953
Cultural costs	2,016	4,124
Prepaid expenses and other current assets	6,524	6,981
Income taxes receivable	570	570
Total current assets	23,134	23,120
Property, plant and equipment, net	188,561	188,225
Real estate development	84,271	81,082
Equity in investments	17,645	14,061
Investment in Calavo Growers, Inc.	26,100	22,110
Other assets	10,800	10,433
Total Assets	350,511	339,031
Current liabilities:
Accounts payable	5,050	6,311
Growers payable	7,772	8,828
Accrued liabilities	4,061	5,177
Fair value of derivative instrument	123	268
Current portion of long-term debt	3,318	3,030
Total current liabilities	20,324	23,614
Long-term liabilities:
Long-term debt, less current portion	112,396	102,083
Deferred income taxes	22,084	31,415
Other long-term liabilities	3,769	3,920
Sale-leaseback deferral	33,122	30,396
Total liabilities	191,695	191,428
Commitments and contingencies
Stockholders’ equity:
Common Stock - $.01 par value (39,000,000 shares authorized: 14,532,952 and 14,405,031 shares issued and outstanding at January 31, 2018 and October 31, 2017, respectively)	145	144
Additional paid-in capital	94,600	94,294
Retained earnings	42,284	34,692
Accumulated other comprehensive income	10,367	7,076
Noncontrolling interest	610	587
Total stockholders’ equity	148,006	136,793
Total Liabilities and Stockholders’ Equity	350,511	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:
Preferred Stock	$ 0	$ 0

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	3 Months Ended	12 Months Ended
	Jan. 31, 2018	Oct. 31, 2017
Temporary Equity, Liquidation Preference Per Share	$ 1,000
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	39,000,000	39,000,000
Common Stock, Shares, Issued	14,532,952	14,405,031
Common Stock, Shares, Outstanding	14,532,952	14,405,031
Series B Convertible Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share	$ 100	$ 100
Preferred Stock, Shares Authorized	50,000	50,000
Preferred Stock, Shares Issued	14,790	14,790
Preferred Stock, Shares Outstanding	14,790	14,790
Preferred Stock, Dividend Rate, Percentage	8.75%	8.75%
Temporary Equity, Liquidation Preference Per Share	$ 1,000
Series B-2 Convertible Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share	$ 100	$ 100
Preferred Stock, Shares Authorized	10,000	10,000
Preferred Stock, Shares Issued	9,300	9,300
Preferred Stock, Shares Outstanding	9,300	9,300
Preferred Stock, Dividend Rate, Percentage	4.00%	4.00%
Temporary Equity, Liquidation Preference Per Share	$ 1,000	$ 1,000
Series A Junior Participating Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	20,000	20,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2018	Jan. 31, 2017
Net revenues:
Agribusiness	$ 30,333	$ 26,769
Rental operations	1,260	1,323
Real estate development	0	0
Total net revenues	31,593	28,092
Costs and expenses:
Agribusiness	28,162	26,344
Rental operations	1,065	1,055
Real estate development	30	85
Selling, general and administrative	4,074	3,847
Total costs and expenses	33,331	31,331
Operating loss	(1,738)	(3,239)
Other income (expense):
Interest expense, net	(510)	(434)
Equity in earnings of investments	43	74
Other income, net	241	287
Total other expense	(226)	(73)
Loss before income tax benefit	(1,964)	(3,312)
Income tax benefit	10,587	1,240
Net income (loss)	8,623	(2,072)
Net loss attributable to noncontrolling interest	2	0
Net income (loss) attributable to Limoneira Company	8,625	(2,072)
Preferred dividends	(125)	(155)
Net income (loss) attributable to common stock	$ 8,500	$ (2,227)
Basic net income (loss) per common share	$ 0.59	$ (0.16)
Diluted net income (loss) per common share	0.58	(0.16)
Dividends per common share	$ 0.06	$ 0.06
Weighted-average common shares outstanding-basic	14,466,000	14,202,000
Weighted-average common shares outstanding-diluted	14,984,000	14,202,000

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2018	Jan. 31, 2017
Net income (loss)	$ 8,623	$ (2,072)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	243	0
Minimum pension liability adjustment, net of tax of $51 and $82	124	126
Unrealized holding gains on security available-for-sale, net of tax of $1,169 and $(458)	2,821	(697)
Unrealized gains from derivative instrument, net of tax of $42 and $150	103	204
Total other comprehensive income (loss), net of tax	3,291	(367)
Comprehensive income (loss)	11,914	(2,439)
Comprehensive loss attributable to noncontrolling interest	23	0
Comprehensive income (loss) attributable to Limoneira Company	$ 11,937	$ (2,439)

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2018	Jan. 31, 2017
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	$ 51	$ 82
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax	1,169	(458)
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Tax	$ 42	$ 150

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2018	Jan. 31, 2017
Operating activities
Net income (loss)	$ 8,623	$ (2,072)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization	1,690	1,577
Loss on disposals of assets	99	50
Gain on sales of real estate development assets	(25)	0
Stock compensation expense	708	587
Equity in earnings of investments	(43)	(74)
Provision for deferred income taxes	(10,587)	0
Amortization of deferred financing costs	7	13
Accrued interest on note receivable	(30)	(6)
Changes in operating assets and liabilities:
Accounts receivable	(2,523)	479
Cultural costs	2,116	2,179
Prepaid expenses and other current assets	(1,064)	(688)
Income taxes receivable	0	(1,238)
Other assets	(45)	104
Accounts payable and growers payable	(2,872)	(2,301)
Accrued liabilities	(1,145)	(2,921)
Other long-term liabilities	24	(32)
Net cash used in operating activities	(5,067)	(4,343)
Investing activities
Capital expenditures	(2,033)	(2,331)
Net proceeds from sales of real estate development assets	1,543	0
Equity investment contributions	(3,500)	(4,450)
Investments in mutual water companies	(6)	(6)
Net cash used in investing activities	(3,996)	(6,787)
Financing activities
Borrowings of long-term debt	27,959	37,680
Repayments of long-term debt	(17,425)	(25,288)
Dividends paid - common	(908)	(782)
Dividends paid - preferred	(125)	(155)
Exchange of common stock	(401)	(294)
Net cash provided by financing activities	9,100	11,161
Effect of exchange rate changes in cash	17	0
Net increase in cash	54	31
Cash at beginning of period	492	38
Cash at end of period	546	69
Supplemental disclosures of cash flow information
Cash paid during the period for interest (net of amounts capitalized)	764	403
Cash paid during the period for income taxes, net of (refunds)	0	0
Non-cash investing and financing activities:
Unrealized holding (gain) loss on Calavo investment	(3,990)	1,155
Increase in real estate development and sale-leaseback deferral	2,726	1,833
Non-cash issuance of note receivable	3,000	0
Non-cash reduction of note receivable	68	0
Capital expenditures accrued but not paid at period-end	234	289
Accrued interest on notes receivable	30	6
Accrued contribution obligation of investment in water company	315	315
Accrued Series B-2 Convertible Preferred Stock dividends	$ 31	$ 31

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($)	1 Months Ended			3 Months Ended
	Dec. 31, 2017	Jun. 20, 2017	Feb. 24, 2017	Jan. 31, 2018	Oct. 31, 2017
Conversion of Stock [Line Items]
Repayments of Long-term Debt, Total				$ 17,425,000
Real Estate Held for Development and Sale				0	$ 4,337,000
Notes Reduction				68,000
Company’s La Campana Ranch [Member]
Conversion of Stock [Line Items]
Notes Reduction				$ 68,000
Centennial Property [Member]
Conversion of Stock [Line Items]
Real Estate Held for Development and Sale					$ 3,250,000
Proceeds from Sale of Real Estate Held-for-investment	$ 179,000
Proceeds from Issuance of Debt	3,000,000
Rabobank Revolving Credit Facility [Member]
Conversion of Stock [Line Items]
Repayments of Long-term Debt, Total		$ 68,572,000
Fruticola Pan de Azucar S.A. [Member]
Conversion of Stock [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired			90.00%
Payments to Acquire Businesses, Net of Cash Acquired			$ 5,706,000
Repayments of Long-term Debt, Total

Business

3 Months Ended

Jan. 31, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Nature of Operations [Text Block]

1. Business

Limoneira Company, a Delaware corporation (the “Company”), engages primarily in growing citrus and avocados, picking and hauling citrus and packing, marketing and selling lemons. The Company is also engaged in residential rentals and other rental operations and real estate development activities.

The Company markets and sells lemons directly to 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 a portion of its oranges, specialty citrus and other crops to Sunkist-licensed and other third-party packinghouses.

The Company sells all of its avocado production to Calavo Growers, Inc. (“Calavo”), a packing and marketing company listed on NASDAQ under the symbol CVGW. Calavo’s customers include many of the largest retail and food service companies in the United States and Canada. The Company’s avocados are packed by Calavo, which are then sold and distributed under Calavo brands to its customers.

The unaudited interim consolidated financial statements include the accounts of the Company and the accounts of all the subsidiaries and investments in which a controlling interest is held by the Company. The unaudited interim consolidated financial statements represent the consolidated balance sheets, consolidated statements of operations, consolidated statements of comprehensive income and consolidated statements of cash flows of the 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 EA1 Land, LLC 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, Consolidation, and the effect of variable interest entities, in its consolidation process. These unaudited consolidated financial statements should be read in conjunction with the notes thereto included in this Quarterly Report on Form 10-Q.

Summary of Significant Accounting Policies

3 Months Ended

Jan. 31, 2018

Accounting Policies [Abstract]

Significant Accounting Policies [Text Block]

2. Summary of Significant Accounting Policies

Foreign Currency Translation

PDA’s functional currency is the Chilean Peso. Its balance sheet is translated to U.S. dollars at exchange rates in effect at the balance sheet date and its income statement is 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.

Recent Accounting Pronouncements

FASB – Accounting Standards Update (“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, 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, 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, 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 currently anticipates adopting 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. The Company continues to evaluate the effect this ASU may have on its consolidated financial statements.

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 and 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 amendments in this ASU more closely align the measurement of inventory in GAAP with the measurement of inventory in International Financial Reporting Standards.

The amendments are effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. The amendments should be applied prospectively with earlier application permitted as of the beginning of an interim or annual reporting period. 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.

FASB ASU 2016-02, Leases (Topic 832)

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, 2019. 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 and to record right-of-use assets and lease obligations for its operating leases that exist on the date of adoption. Note 20 – Commitments and Contingencies in the Notes to Consolidated Financial Statements included in the Company’s fiscal year 2017 Annual Report on Form 10-K describes its operating lease arrangements as of October 31, 2017.

FASB ASU 2016-05, Derivatives and Hedging (Topic 815): Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships

The amendments in this ASU clarify that a change in the counterparty to a derivative instrument that has been designated as the hedging instrument does not, in and of itself, require de-designation of that hedging relationship provided that all other hedge accounting criteria remain intact.

The amendments are effective for public business entities for financial statements issued for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. The Company adopted this ASU during the quarter ended July 31, 2017 in connection with the refinancing of its line of credit arrangements and related interest rates swap as described in Note 13 – Long-Term Debt and Note 14 – Derivative Instrument and Hedging Activities.

FASB ASU 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting

The amendments are intended to improve the accounting for employee share-based payments and affect all organizations that issue share-based payment awards to their employees. Several aspects of the accounting for share-based payment award transactions are simplified, including: (a) income tax consequences; (b) classification of awards as either equity or liabilities; and (c) classification on the statement of cash flows.

The amendments are effective for annual periods beginning after December 15, 2016 and interim periods within those annual periods. Early adoption is permitted. The Company’s early adoption of this ASU on November 1, 2016 resulted in a cumulative effect provision of $21,000 recognized in fiscal year 2017. The Company has also elected to account for forfeitures as they occur using the modified retrospective approach. In addition, the Company is now required to present excess tax benefits (provisions) as operating activity (combined with other income tax cash flows) on the statements of cash flows rather than as financing activity and has elected to adopt this change prospectively.

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.

FASB ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities

These amendments refine and expand hedge accounting for both financial and commodity risks. Its provisions create more transparency around how economic results are presented, both on the face of the financial statements and in the footnotes. It also makes certain targeted improvements to simplify the application of hedge accounting guidance.

The amendment is effective for public business entities for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Early adoption, including adoption in an interim period, is permitted. The Company is evaluating the effect this ASU may have on its consolidated financial statements.

FASB ASU 2018-02, Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income

These amendments provide financial statement preparers with an option to reclassify stranded tax effects within AOCI to retained earnings in each period in which the effect of the change in the U.S. federal corporate income tax rate in the Tax Cuts and Jobs Act of 2017 (or portion thereof) is recorded.

The amendment is effective for all organizations for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Early adoption is permitted. Organizations should apply the proposed amendments either in the period of adoption or retrospectively to each period (or periods) in which the effect of the change in the U.S. federal corporate income tax rate in the Tax Cuts and Jobs Act is recognized. The Company is evaluating the effect of this ASU. It could have a significant effect on the Company’s consolidated financial statements.

Acquisitions

3 Months Ended

Jan. 31, 2018

Business Combinations [Abstract]

Business Combination Disclosure [Text Block]

3. Acquisitions

Business Combination

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 were 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 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

Fair Value Measurements

3 Months Ended

Jan. 31, 2018

Fair Value Disclosures [Abstract]

Fair Value Disclosures [Text Block]

4. Fair Value Measurements

Under the FASB ASC 820, Fair Value Measurement and Disclosures, a fair value measurement is determined based on the assumptions that a market participant would use in pricing an asset or liability. A three-tiered hierarchy draws distinctions between market participant assumptions based on (i) observable inputs such as quoted prices in active markets (Level 1), (ii) inputs other than quoted prices in active markets that are observable either directly or indirectly (Level 2) and (iii) unobservable inputs that require the Company to use present value and other valuation techniques in the determination of fair value (Level 3).

The following table sets forth the Company’s financial assets and liabilities as of January 31, 2018 and October 31, 2017, which are measured on a recurring basis during the period, segregated by level within the fair value hierarchy (in thousands):

January 31, 2018	Level 1		Level 2		Level 3		Total
Assets at fair value:
Available-for-sale securities	$	26,100	$	–	$	–	$	26,100
Liabilities at fair value:
Derivative	$	–	$	123	$	–	$	123

October 31, 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. The Company currently owns 300,000 shares, representing approximately 1.7% of Calavo’s outstanding common stock. These securities are measured at fair value by quoted market prices. Calavo’s stock price at January 31, 2018 and October 31, 2017 was $87.00 and $73.70 per share, respectively.

The derivative consists of an interest rate swap, the fair value of which is estimated using industry-standard valuation models. Such models project future cash flows and discount the future amounts to a present value using market-based observable inputs.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Accounts Receivable

3 Months Ended

Jan. 31, 2018

Receivables [Abstract]

Accounts Receivable Disclosure [Text Block]

5. Accounts Receivable

The Company grants credit in the course of its operations to customers, cooperatives, companies and lessees of the Company’s facilities. The Company performs periodic credit evaluations of its customers’ financial condition and generally does not require collateral. The Company provides allowances on its receivables, as required, based on accounts receivable aging and certain other factors. As of January 31, 2018 and October 31, 2017 the allowances totaled $465,000 and $577,000, respectively.

Concentrations

3 Months Ended

Jan. 31, 2018

Risks and Uncertainties [Abstract]

Concentration Risk Disclosure [Text Block]

6. Concentrations

Lemons procured from third-party growers were 53% of lemon supply in the three months ended January 31, 2018, of which one third-party grower was 15% of lemon supply. The Company sells all of its avocado production to Calavo.

Prepaid Expenses and Other Current Assets

3 Months Ended

Jan. 31, 2018

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepaid Expenses And Other Current Assets [Text Block]

7. Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following (in thousands):

	January 31, 2018		October 31, 2017

Prepaid insurance	$	825	$	609
Prepaid supplies		929		806
Lemon supplier advances		502		271
Note receivable, net		2,845		–
Deferred lease expense, water assessments and other		1,423		958
Real estate development for sale		–		4,337
	$	6,524	$	6,981

Real Estate Development

3 Months Ended

Jan. 31, 2018

Real Estate [Abstract]

Real Estate Disclosure [Text Block]

8. Real Estate Development

Real estate development assets consist of the following (in thousands):

	January 31, 2018		October 31, 2017

East Areas I and II	$	77,689	$	74,500
Templeton Santa Barbara, LLC		6,582		6,582
	$	84,271	$	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 the three months ended January 31, 2018 and 2017, the Company capitalized $3,189,000 and $2,196,000, respectively, of costs related to these real estate development projects. Additionally, in relation to these projects, the Company incurred expenses of $1,000 and $3,000 in the three months ended January 31, 2018 and 2017, 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.

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 will lease 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 will terminate 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.

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 three months ended January 31, 2018 and 2017, the Company recorded $2,726,000 and $1,833,000, 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 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, beginning March 2016, the Company leases office space to Lewis and received rental income of $4,000 and $12,000 for the three months ended January 31, 2018 and 2017, respectively.

The Company determined the Joint Venture to be a Variable Interest Entity (“VIE”) under ASC 810, 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 $4,450,000 to the LLC in the three months ended January 31, 2018 and 2017, respectively. Additionally, the Company recorded equity losses of zero and $54,000 in the three months ended January 31, 2018 and 2017, respectively, related to the Joint Venture.

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. There were no amounts outstanding at January 31, 2018 related to this loan.

In connection with facilitating the annexation of East Area I property into the City of Santa Paula, during February 2014 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 is due in five years, with interest-only, monthly payments at interest rates ranging from 5% to 7%.

Templeton Santa Barbara, LLC

The three real estate development parcels within the Templeton Santa Barbara, LLC project are described as Centennial, The Terraces at Pacific Crest (“Pacific Crest”), and Sevilla. The net carrying values of Pacific Crest and Sevilla at January 31, 2018 were $3,250,000 and $3,332,000, 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 the three months ended January 31, 2018 and 2017 and, as such, no costs were capitalized. Additionally, in relation to these projects, the Company incurred expenses of $29,000 and $47,000 in the three months ended January 31, 2018 and 2017, respectively.

In October 2017, the Company entered an agreement to sell Centennial for $3,250,000. This transaction closed in December 2017 with the Company receiving net proceeds of $179,000 and issuing a $3,000,000 promissory note secured by the property for the balance of the purchase price. The promissory note matures June 2018 but provides for potential extensions to December 2019. After transaction costs, the sale resulted in a gain of $194,000, to be recognized under the installment method, with $15,000 recognized in the three months ended January 31, 2018 and $179,000 deferred until repayment of the promissory note.

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 December 2017, the Company entered an agreement to sell Pacific Crest for $3,500,000. After transaction costs, the Company expects to recognize a gain of $40,000. To date, this transaction has not closed.

At January 31, 2018 and October 31, 2017, the $3,250,000 carrying value of Pacific Crest and the $3,332,000 carrying value of Sevilla were classified as real estate development. 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.

Equity in Investments

3 Months Ended

Jan. 31, 2018

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments and Joint Ventures Disclosure [Text Block]

9. Equity in Investments

Equity in investments consist of the following (in thousands):

	January 31, 2018		October 31, 2017

Limoneira Lewis Community Builders, LLC	$	13,134	$	9,634
Limco Del Mar, Ltd.		2,130		1,968
Rosales		1,866		1,944
Romney Property Partnership		515		515
	$	17,645	$	14,061

The Rosales equity investment includes the Company’s 35% interest acquired in fiscal year 2014 and an additional 12% interest acquired with the purchase of PDA as described in Note 3 - Acquisitions. The Company’s investment in Rosales is accounted for using the equity method of accounting based on the sum of its direct and indirect ownership.

Investment in Calavo Growers, Inc.

3 Months Ended

Jan. 31, 2018

Investments, Debt and Equity Securities [Abstract]

Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]

10. Investment in Calavo Growers, Inc.

In June 2005, the Company entered into a stock purchase agreement with Calavo. Pursuant to this agreement, the Company purchased 1,000,000 shares, or approximately 6.9%, of Calavo’s common stock for $10,000,000 and Calavo purchased 1,728,570 shares, or approximately 15.1%, of the Company’s common stock for $23,450,000. Under the terms of the agreement, the Company received net cash consideration of $13,450,000. The Company has classified its marketable securities investment as available-for-sale.

In fiscal year 2009, the Company sold 335,000 shares of Calavo stock for a total of $6,079,000, recognizing a gain of $2,729,000. In fiscal year 2013, the Company sold 165,000 shares to Calavo 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. These gains are included in other income in the consolidated financial statements of operations. The Company continues to own 300,000 shares of Calavo common stock.

Additionally, changes in the fair value of the available-for-sale securities result in unrealized holding gains or losses for the remaining shares held by the Company. The Company recorded unrealized holding gains and (losses) of $3,990,000 ($2,821,000 net of tax) and $(1,155,000) (($697,000) net of tax), during the three months ended January 31, 2018 and 2017, respectively.

Other Assets

3 Months Ended

Jan. 31, 2018

Other Assets [Abstract]

Other Assets Disclosure [Text Block]

11. Other Assets

Other assets consist of the following (in thousands):

	January 31, 2018		October 31, 2017

Investments in mutual water companies	$	5,006	$	4,686
Acquired water and mineral rights		2,701		2,655
Deposit for land purchase		670		645
Deferred lease assets and other		438		448
Note receivable		563		625
Revolving funds and memberships		320		265
Acquired trade names and trademarks, net		218		233
Goodwill		884		876
	$	10,800	$	10,433

Accrued Liabilities

3 Months Ended

Jan. 31, 2018

Accounts Payable and Accrued Liabilities, Current [Abstract]

Accounts Payable and Accrued Liabilities Disclosure [Text Block]

12. Accrued Liabilities

Accrued liabilities consist of the following (in thousands):

	January 31, 2018		October 31, 2017

Compensation	$	1,568	$	2,367
Property taxes		200		599
Interest		372		327
Deferred income and deposits		963		636
Lease expense		17		137
Lemon supplier payables		177		166
Capital expenditures and other		764		945
	$	4,061	$	5,177

Long-Term Debt

3 Months Ended

Jan. 31, 2018

Debt Disclosure [Abstract]

Long-term Debt [Text Block]

13. Long-Term Debt

Long-term debt is comprised of the following (in thousands):

	January 31, 2018		October 31, 2017
Farm Credit West revolving and non-revolving lines of credit: the interest rate is variable based on the one-month London Interbank Offered Rate (“LIBOR”), which was 1.56% at January 31, 2018, plus 1.85%. Interest is payable monthly and the principal is due in full on July 1, 2022.	$	85,670	$	74,556

Farm Credit West term loan: the interest rate is variable and was 3.95% at January 31, 2018. The loan is payable in quarterly installments through November 2022.		3,018		3,155

Farm Credit West term loan: the interest rate is variable and was 3.95% at January 31, 2018. The loan is payable in monthly installments through October 2035.		1,155		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.		9,423		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 though March 2036.		7,015		7,083

Wells Fargo term loan: the interest rate is fixed at 3.58%. The loan is payable in monthly installments through January 2023.		7,393		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.		2,221		2,106
Subtotal		115,895		105,301
Less deferred financing costs, net of accumulated amortization		181		188
Total long-term debt, net		115,714		105,113
Less current portion		3,318		3,030
Long-term debt, less current portion	$	112,396	$	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 the Company had with Rabobank, N.A. On January 29, 2018 the Company amended the Revolving Credit Supplement to increase the borrowing capacity from $60,000,000 to $75,000,000. The Non-Revolving Credit Supplement remained unchanged. 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.

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, 2018, 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. We may prepay any amounts outstanding under the Supplements without penalty.

All indebtedness under the Loan Agreements, including any indebtedness under the Supplements, is secured by a first lien on certain of the Company’s agricultural properties in Tulare and Ventura counties in California and certain of the Company’s 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 the Company’s right to draw or request funds on any loan or line of credit.

The Loan Agreement subjects the Company 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 the Company’s 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 Farm Credit West credit facility provides for maximum borrowings of $115,000,000 and the borrowing capacity based on collateral value was $115,000,000 at January 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 beginning January 2018. This loan is unsecured.

Interest is capitalized on non-bearing orchards, real estate development projects and significant construction in progress. The Company capitalized interest of $577,000 and $464,000 during the three months ended January 31, 2018 and 2017, respectively. Capitalized interest is included in property, plant and equipment and real estate development 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 net of amortization is included in long-term debt on the Company’s consolidated balance sheet at January 31, 2018.

Derivative Instrument and Hedging Activities

3 Months Ended

Jan. 31, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments and Hedging Activities Disclosure [Text Block]

14. Derivative Instrument and Hedging Activities

The Company enters into interest rate swaps to minimize the risks and costs associated with its financing activities. Derivative financial instruments are as follows (in thousands):

	Notional Amount				Fair Value Liability
	January 31, 2018		October 31, 2017		January 31, 2018		October 31, 2017
Pay fixed-rate, receive floating-rate forward interest rate swap, beginning July 2013 until June 2018	$	40,000	$	40,000	$	123	$	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 provides for the prior interest rate swap agreement with Rabobank to now be in place with CoBank. The critical terms of the swap agreement have not changed and counterparty risk has not significantly changed.

This interest rate swap qualifies as a cash flow hedge and the fair value liability is included in fair value of derivative instrument and related accumulated other comprehensive income at January 31, 2018 and October 31, 2017.

Basic and Diluted Net Income (Loss) per Share

3 Months Ended

Jan. 31, 2018

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

15. Basic and Diluted Net Income (Loss) per Share

Basic net income (loss) per common share is calculated using the weighted-average number of common shares outstanding during the period without consideration of the dilutive effect of conversion of preferred stock. Diluted net income (loss) 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 computations for basic and diluted net income (loss) per common share are as follows (in thousands, except per share amounts):

	Three months ended January 31,
	2018		2017
Basic net income (loss) per common share:
Numerator: Net income (loss) applicable to common stock	$	8,500	$	(2,227)
Denominator: Weighted average common shares-basic		14,466		14,202
Basic net income (loss) per common share	$	0.59	$	(0.16)

Diluted net income (loss) per common share:
Numerator: Net income (loss) for diluted EPS	$	8,625	$	(2,227)
Denominator: Weighted average common shares–basic		14,466		14,202
Effect of dilutive unvested, restricted stock and preferred stock		518		-
Weighted average common shares–diluted		14,984		14,202
Diluted net income (loss) per common share	$	0.58	$	(0.16)

Unvested stock-based compensation awards that contain non-forfeitable rights to dividends as participating shares are included in computing earnings (loss) per share using the two-class method. The Company’s unvested, restricted stock awards qualify as participating shares. The Company excluded 98,000 unvested, restricted shares, as calculated under the treasury stock method, from its computation of diluted earnings per share for the three months ended January 31, 2018.

Related-Party Transactions

3 Months Ended

Jan. 31, 2018

16. Related-Party Transactions

The Company rents certain of its residential housing assets to employees on a month-to-month basis. The Company recorded $177,000 and $188,000 of rental revenue from employees in the three months ended January 31, 2018 and 2017, respectively. There were no rental payments due from employees at January 31, 2018 or October 31, 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 $720,000 and $638,000 in the three months ended January 31, 2018 and 2017, respectively. Capital contributions are included in other assets in the Company’s consolidated balance sheets and purchases of water and water delivery services are included in agribusiness expense in the Company’s consolidated statements of operations. Payments due to the mutual water companies were, in aggregate, $321,000 and $141,000 at January 31, 2018 and October 31, 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 $307,000 and $572,000 from the association in the three months ended January 31, 2018 and 2017, respectively. Such amounts are included in agribusiness expense in the Company’s consolidated statements of operations. Payments due to the association were $6,000 and $180,000 at January 31, 2018 and October 31, 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 and $270,000 in the three months ended January 31, 2018 and 2017, respectively, on its investment in Calavo, which is included in other income (expense), net in the Company’s consolidated statements of operations. The Company had no avocado sales to Calavo for the three months ended January 31, 2018 and 2017. Such amounts are included in agribusiness revenues in the Company’s consolidated statements of operations. There were no amounts receivable by the Company from Calavo at January 31, 2018 and October 31, 2017, respectively. Additionally, the Company leases office space to Calavo and received rental income of $72,000 and $71,000 in the three months ended January 31, 2018 and 2017, respectively. Such amounts are included in rental operations revenues in the Company’s consolidated statements of operations. The Company purchased $3,000 and zero of storage services from Calavo in the three months ended January 31, 2018 and 2017, respectively. Amounts due to Calavo at January 31, 2018 and October 31, 2017 were $4,000 and $163,000, respectively.

Certain members of the Company’s board of directors market lemons through the Company pursuant to its customary marketing agreements. During the three months ended January 31, 2018 and 2017, the aggregate amount of lemons procured from entities owned or controlled by members of the board of directors was $228,000 and $275,000, respectively. Such amounts are included in agribusiness expense in the Company’s consolidated statements of operations. Payments due to these board members were $88,000 and $636,000 at January 31, 2018 and October 31, 2017, respectively. Additionally, the Company leases approximately 31 acres of orchards from entities affiliated with a member on the board of directors and incurred $6,000 lease expense related to these leases in the three months ended January 31, 2018 and 2017, 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 rate is 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. 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 $9,000 and $17,000 to the Company during the three months ended January 31, 2018 and 2017, respectively. The Company incurred lease and farming expenses of $36,000 and $28,000 in the three months ended January 31, 2018 and 2017, 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. Payments due to Fenner were $120,000 and $61,000 at January 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 costs to CRG of $2,451,000 and $2,757,000 in the three months ended January 31, 2018 and 2017, 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 of $218,000 and $303,000 in the three months ended January 31, 2018 and 2017, respectively. Such amounts are included in agribusiness revenues in the Company’s consolidated statements of operations. There was $15,000 and $209,000 due to Associated from CRG at January 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, during the three months ended January 31, 2018 and 2017 the Company recorded revenues of zero and $34,000, respectively. These amounts are included in other income, net in the Company’s consolidated statements of operations. Additionally, the Company purchased water in the amounts of $84,000 and $15,000 from YMIDD during the three months ended January 31, 2018 and 2017, respectively. Such amounts are included in agribusiness expenses in the Company’s consolidated statements of operations. There were no amounts receivable from or payments due to YMIDD at January 31, 2018 and October 31, 2017. Amounts due to YMIDD at January 31, 2018 and October 31, 2017 were zero and $10,000, respectively.

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. The Company provides Del Mar with farm management, orchard land development and accounting services and received expense reimbursements of $47,000 and $34,000 in the three months ended January 31, 2018 and 2017, respectively. The Company procures lemons from Del Mar and fruit proceeds due to Del Mar were zero and $912,000 at January 31, 2018 and October 31, 2017, respectively and are included in grower’s payable in the Company’s consolidated balance sheets. In the three months ended January 31, 2018 and 2017, the Company received no cash distributions and recorded equity in earnings of this investment of $163,000 and $183,000, 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 $141,000 and $248,000 of lemon sales to Rosales in the three months ended January 31, 2018 and 2017, respectively. Additionally, PDA recognized $282,000 of orange sales to Rosales in the three months ended January 31, 2018. Such amounts are recorded in agribusiness revenues in the Company’s consolidated statements of operations. Amounts due from Rosales were $163,000 and $101,000 at January 31, 2018 and October 31, 2017, respectively. The Company recorded equity in losses of this investment of $36,000 and $3,000 in the three months ended January 31, 2018 and 2017, respectively and amortization of fair value basis differences of $84,000 and $52,000 in the three months ended January 31, 2018 and 2017, respectively.

Income Taxes

3 Months Ended

Jan. 31, 2018

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

17. Income Taxes

The Company’s estimated annual effective blended tax rate for fiscal year 2018 is approximately 28.2%. As such, a 538.9% estimated effective blended tax rate, after tax reform and stock compensation discrete items, was utilized by the Company in the three months ended January 31, 2018 to calculate its income tax provision. The discrete driver of the significant increase in the estimated effective blended tax rate in the three months ended January 31, 2018 is the approximately $10.0 million decrease in deferred tax liabilities, related to the change in federal tax rate per the Tax Cuts and Jobs Act of 2017, from 34% to 21%.

The Company has no uncertain tax positions as of January 31, 2018. The Company’s policy is to recognize interest expense and penalties related to income tax matters as a component of income tax expense. The Company has not accrued any interest and penalties associated with uncertain tax positions as of January 31, 2018.

On December 22, 2017, the Tax Cuts and Jobs Act of 2017 (the “Act”) was signed into law making significant changes to the Internal Revenue Code (“IRC”). Except for certain provisions, the act is effective for tax years beginning on or after January 1, 2018. As a fiscal year U.S. taxpayer, the majority of the provisions will apply to the Company’s 2019 fiscal year, such as eliminating the domestic production activities deduction, creating new taxes on certain foreign sourced income and introducing new limitations on certain business deductions. For fiscal year 2018 and effective in the first fiscal quarter, the most significant impacts include: lowering of the U.S. federal corporate income tax rate; remeasuring certain net deferred tax liabilities; and immediate expensing of certain capital expenditures. Changes effective fiscal year 2018 include, but not limited to, a corporate tax rate decrease from 34% to 21%, the transition of U.S. international taxation from a worldwide system to a territorial system, and a one-time transition tax on the mandatory deemed repatriation of cumulative foreign earnings.

The Company has calculated its best estimate of the impact of the Act on its quarter-end income tax provision in accordance with its understanding of the Act and guidance available as of the date of this filing and as a result of the corporate tax rate reduction, the Company has decreased its deferred tax liability balance as of January 31, 2018 by approximately $10,000,000.

The Company is able to claim bonus depreciation to accelerate the expensing of the cost of certain qualified property acquired and placed in service after September 27, 2017 and before January 1, 2024. For the first five-year period (through 2022), the Company can deduct 100% of the cost of qualified property. Starting in 2023, the additional bonus depreciation is gradually phased out by 20% each year through 2027.

Deemed repatriation of foreign earnings is the one-time mandatory transition tax imposed on cumulative foreign earnings. The Company does not believe that there is an impact due to its current foreign earnings deficit. However, the Company will continue to evaluate its foreign earnings during the fiscal year.

The Act eliminates or reduces certain deductions, including Section 199 Domestic Production Activities Deduction. However, the Company’s fiscal year began before the Act was effective, and the Company will be able to claim the Section 199 deduction for fiscal year 2018. After fiscal year 2018, the Company will no longer be able to claim the Section 199 deduction.

Due to uncertainties which currently exist in the interpretation of the provisions of the Act regarding IRC Section 162(m), the Company has not evaluated the potential impacts of IRC Section 162(m) as amended by the Act on its financial statements.

On December 22, 2017, Staff Accounting Bulletin No. 118 (“SAB 118”) was issued 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 Act. In accordance with SAB 118, the Company has determined that the approximately $10,000,000 of deferred tax benefit recorded in connection with the re-measurement of certain deferred tax assets and liabilities and zero additional taxable income recorded in connection with the transition tax on the mandatory deemed repatriation of foreign earnings is a provisional amount and a reasonable estimate at January 31, 2018. Additional work is necessary to do a more detailed analysis of historic earnings as well as potential correlative adjustments. Any subsequent adjustments to these amounts will be recorded during the remainder of the fiscal year ended October 31, 2018, as they are identified.

Retirement Plans

3 Months Ended

Jan. 31, 2018

Compensation and Retirement Disclosure [Abstract]

Pension and Other Postretirement Benefits Disclosure [Text Block]

18. Retirement Plans

The Limoneira Company Retirement Plan (the “Plan”) is a noncontributory, defined benefit, single employer pension plan, which provides retirement benefits for all eligible employees of the Company. Benefits paid by the Plan are calculated based on years of service, highest five-year average earnings, primary Social Security benefit and retirement age. Effective June 2004, the Company froze the Plan and no additional benefits accrued to participants subsequent to that date. The Plan is administered by 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 $150,000 and $275,000 during the three months ended January 31, 2018 and 2017, respectively.

The net periodic pension costs for the Plan were as follows (in thousands):

	Three Months Ended January 31,
	2018		2017

Administrative expenses	$	63	$	76
Interest cost		192		194
Expected return on plan assets		(268)		(263)
Prior service cost		11		11
Recognized actuarial loss		175		208
Net periodic benefit cost	$	173	$	226

Other Long-Term Liabilities

3 Months Ended

Jan. 31, 2018

Other Liabilities Disclosure [Abstract]

Other Liabilities Disclosure [Text Block]

19. Other Long-Term Liabilities

Other long-term liabilities consist of the following (in thousands):

	January 31, 2018		October 31, 2017

Minimum pension liability	$	3,707	$	3,858
Deferred gain and other		62		62
	$	3,769	$	3,920

Contingencies

3 Months Ended

Jan. 31, 2018

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

20. Contingencies

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, and/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 Preferred Stock

3 Months Ended

Jan. 31, 2018

Temporary Equity Disclosure [Abstract]

Preferred Stock [Text Block]

21. 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 (the “Series B-2 Preferred Stock”) to WPI-ACP Holdings, LLC (“WPI”), an entity affiliated with 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.

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.

Stock-based Compensation

3 Months Ended

Jan. 31, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Shareholders' Equity and Share-based Payments [Text Block]

22. 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 two-year period.

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 addition, 90,000 shares of common stock with a per share value of $22.19 were granted 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. 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. In December 2015, 27,424 shares of common stock with a per share value of $15.29 were granted to management under the Stock Plan for fiscal year 2015 performance, resulting in total compensation expense of approximately $410,000, with $130,000 recognized in the year ended October 31, 2015 and the balance recognized over the next two years as the shares vested.

Stock-based compensation expense is recognized over the performance and vesting periods as summarized below ($ in thousands):

Performance	Shares	Three Months Ended January 31,
Year	Granted	2018		2017
2015	27,424	$	-	$	36
2016	44,688		25		64
2017	41,291		68		164
2018	90,000		306		-
		$	399	$	264

During the three months ended January 31, 2018 and 2017 members of management exchanged 17,520 and 14,773 shares, respectively of common stock with fair value of $401,000 and $294,000, respectively, 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.

During January 2018 and 2017, 14,033 and 18,956 shares, respectively, of common stock were granted to the Company’s non-employee directors under the Company’s stock-based compensation plans. The Company recognized $309,000 and $323,000 of stock-based compensation to non-employee directors during the three months ended January 31, 2018 and 2017, respectively.

Segment Information

3 Months Ended

Jan. 31, 2018

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

23. 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 intersegment revenues between fresh lemons and lemon packing. The intersegment 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.

Segment information for the three months ended January 31, 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	$	24,976	$	2,833	$	–	$	–	$	2,524	$	30,333	$	1,260	$	–	$	–	$	31,593
Intersegment revenue		–		4,924		(4,924)		–		–		–		–		–		–		–
Total net revenues		24,976		7,757		(4,924)		–		2,524		30,333		1,260		–		-		31,593
Costs and expenses		22,890		5,724		(4,924)		704		2,321		26,715		870		30		4,026		31,641
Depreciation and amortization		–		–		–		–		–		1,447		195		-		48		1,690
Operating income	$	2,086	$	2,033	$	–	$	(704)	$	203	$	2,171	$	195	$	(30)	$	(4,074)	$	(1,738)

Segment information for the three months ended January 31, 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	$	23,312	$	2,677	$	–	$	–	$	780	$	26,769	$	1,323	$	–	$	–	$	28,092
Intersegment revenue		–		5,159		(5,159)		–		–		–		–		–		–		–
Total net revenues		23,312		7,836		(5,159)		–		780		26,769		1,323		-		-		28,092
Costs and expenses		21,249		5,731		(5,159)		680		2,508		25,009		866		85		3,794		29,754
Depreciation and amortization		–		–		–		–		–		1,335		189		-		53		1,577
Operating income	$	2,063	$	2,105	$	–	$	(680)	$	(1,728)	$	425	$	268	$	(85)	$	(3,847)	$	(3,239)

The following table sets forth revenues by category, by segment for the three months ended January 31, 2018 and 2017 (in thousands):

	Three months ended January 31,
	2018		2017

Fresh lemons	$	24,976	$	23,312
Lemon packing		7,757		7,836
Intersegment revenue		(4,924)		(5,159)
Lemon revenues		27,809		25,989

Avocados		-		-

Navel and Valencia oranges		1,343		503
Specialty citrus and other crops		1,181		277
Other agribusiness revenues		2,524		780
Agribusiness revenues		30,333		26,769

Residential and commercial rentals		850		894
Leased land		328		371
Organic recycling and other		82		58
Rental operations revenues		1,260		1,323

Real estate development revenues		-		-
Total net revenues	$	31,593	$	28,092

Subsequent Events

3 Months Ended

Jan. 31, 2018

Subsequent Events [Abstract]

Subsequent Events [Text Block]

24. Subsequent Events

The Company has evaluated events subsequent to January 31, 2018 through the filing date to assess the need for potential recognition or disclosure in this Quarterly Report on Form 10-Q. Based upon this evaluation, except as described in the Notes to Consolidated Financial Statements, it was determined that no other subsequent events occurred that require recognition or disclosure in the unaudited consolidated financial statements.

Summary of Significant Accounting Policies (Policies)

3 Months Ended

Jan. 31, 2018

Accounting Policies [Abstract]

Foreign Currency Transactions and Translations Policy [Policy Text Block]

Foreign Currency Translation

Recent Accounting Pronouncements [Policy Text Block]

Recent Accounting Pronouncements

FASB – Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606).

	⋅	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.

FASB ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory

The amendments in this ASU more closely align the measurement of inventory in GAAP with the measurement of inventory in International Financial Reporting Standards.

FASB ASU 2016-01, Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities

FASB ASU 2016-02, Leases (Topic 832)

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.

ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early application is permitted.

FASB ASU 2016-05, Derivatives and Hedging (Topic 815): Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships

FASB ASU 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting

FASB ASU 2017-07, Compensation — Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost

FASB ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities

FASB ASU 2018-02, Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income

Acquisitions (Tables)

3 Months Ended

Jan. 31, 2018

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

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)

3 Months Ended

Jan. 31, 2018

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

January 31, 2018	Level 1		Level 2		Level 3		Total
Assets at fair value:
Available-for-sale securities	$	26,100	$	–	$	–	$	26,100
Liabilities at fair value:
Derivative	$	–	$	123	$	–	$	123

October 31, 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 Current Assets (Tables)

3 Months Ended

Jan. 31, 2018

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]

Prepaid expenses and other current assets consist of the following (in thousands):

	January 31, 2018		October 31, 2017

Prepaid insurance	$	825	$	609
Prepaid supplies		929		806
Lemon supplier advances		502		271
Note receivable, net		2,845		–
Deferred lease expense, water assessments and other		1,423		958
Real estate development for sale		–		4,337
	$	6,524	$	6,981

Real Estate Development (Tables)

3 Months Ended

Jan. 31, 2018

Real Estate [Abstract]

Schedule of Real Estate Properties [Table Text Block]

Real estate development assets consist of the following (in thousands):

	January 31, 2018		October 31, 2017

East Areas I and II	$	77,689	$	74,500
Templeton Santa Barbara, LLC		6,582		6,582
	$	84,271	$	81,082

Equity in Investments (Tables)

3 Months Ended

Jan. 31, 2018

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments [Table Text Block]

Equity in investments consist of the following (in thousands):

	January 31, 2018		October 31, 2017

Limoneira Lewis Community Builders, LLC	$	13,134	$	9,634
Limco Del Mar, Ltd.		2,130		1,968
Rosales		1,866		1,944
Romney Property Partnership		515		515
	$	17,645	$	14,061

Other Assets (Tables)

3 Months Ended

Jan. 31, 2018

Other Assets [Abstract]

Schedule of Other Assets [Table Text Block]

Other assets consist of the following (in thousands):

	January 31, 2018		October 31, 2017

Investments in mutual water companies	$	5,006	$	4,686
Acquired water and mineral rights		2,701		2,655
Deposit for land purchase		670		645
Deferred lease assets and other		438		448
Note receivable		563		625
Revolving funds and memberships		320		265
Acquired trade names and trademarks, net		218		233
Goodwill		884		876
	$	10,800	$	10,433

Accrued Liabilities (Tables)

3 Months Ended

Jan. 31, 2018

Accounts Payable and Accrued Liabilities, Current [Abstract]

Schedule of Accrued Liabilities [Table Text Block]

Accrued liabilities consist of the following (in thousands):

	January 31, 2018		October 31, 2017

Compensation	$	1,568	$	2,367
Property taxes		200		599
Interest		372		327
Deferred income and deposits		963		636
Lease expense		17		137
Lemon supplier payables		177		166
Capital expenditures and other		764		945
	$	4,061	$	5,177

Long-Term Debt (Tables)

3 Months Ended

Jan. 31, 2018

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments [Table Text Block]

Long-term debt is comprised of the following (in thousands):

	January 31, 2018		October 31, 2017
Farm Credit West revolving and non-revolving lines of credit: the interest rate is variable based on the one-month London Interbank Offered Rate (“LIBOR”), which was 1.56% at January 31, 2018, plus 1.85%. Interest is payable monthly and the principal is due in full on July 1, 2022.	$	85,670	$	74,556

Farm Credit West term loan: the interest rate is variable and was 3.95% at January 31, 2018. The loan is payable in quarterly installments through November 2022.		3,018		3,155

Farm Credit West term loan: the interest rate is variable and was 3.95% at January 31, 2018. The loan is payable in monthly installments through October 2035.		1,155		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.		9,423		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 though March 2036.		7,015		7,083

Wells Fargo term loan: the interest rate is fixed at 3.58%. The loan is payable in monthly installments through January 2023.		7,393		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.		2,221		2,106
Subtotal		115,895		105,301
Less deferred financing costs, net of accumulated amortization		181		188
Total long-term debt, net		115,714		105,113
Less current portion		3,318		3,030
Long-term debt, less current portion	$	112,396	$	102,083

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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-Name Accounting Standards Codification
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-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21475-112644

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-Name Accounting Standards Codification
-Topic 942
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-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

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-Name Accounting Standards Codification
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-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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-Topic 505
-SubTopic 10
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-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21521-112644

+ Details

Derivative Instrument and Hedging Activities (Tables)

3 Months Ended

Jan. 31, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments [Table Text Block]

The Company enters into interest rate swaps to minimize the risks and costs associated with its financing activities. Derivative financial instruments are as follows (in thousands):

	Notional Amount				Fair Value Liability
	January 31, 2018		October 31, 2017		January 31, 2018		October 31, 2017
Pay fixed-rate, receive floating-rate forward interest rate swap, beginning July 2013 until June 2018	$	40,000	$	40,000	$	123	$	268

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=84234895&loc=d3e41641-113959

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
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-Paragraph 4B
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
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-Paragraph 1
-Subparagraph (SX 210.4-08.(n)(2))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Basic and Diluted Net Income (Loss) per Share (Tables)

3 Months Ended

Jan. 31, 2018

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The computations for basic and diluted net income (loss) per common share are as follows (in thousands, except per share amounts):

	Three months ended January 31,
	2018		2017
Basic net income (loss) per common share:
Numerator: Net income (loss) applicable to common stock	$	8,500	$	(2,227)
Denominator: Weighted average common shares-basic		14,466		14,202
Basic net income (loss) per common share	$	0.59	$	(0.16)

Diluted net income (loss) per common share:
Numerator: Net income (loss) for diluted EPS	$	8,625	$	(2,227)
Denominator: Weighted average common shares–basic		14,466		14,202
Effect of dilutive unvested, restricted stock and preferred stock		518		-
Weighted average common shares–diluted		14,984		14,202
Diluted net income (loss) per common share	$	0.58	$	(0.16)

Retirement Plans (Tables)

3 Months Ended

Jan. 31, 2018

Compensation and Retirement Disclosure [Abstract]

Schedule of Net Benefit Costs [Table Text Block]

The net periodic pension costs for the Plan were as follows (in thousands):

	Three Months Ended January 31,
	2018		2017

Administrative expenses	$	63	$	76
Interest cost		192		194
Expected return on plan assets		(268)		(263)
Prior service cost		11		11
Recognized actuarial loss		175		208
Net periodic benefit cost	$	173	$	226

Other Long-Term Liabilities (Tables)

3 Months Ended

Jan. 31, 2018

Other Liabilities Disclosure [Abstract]

Other Noncurrent Liabilities [Table Text Block]

Other long-term liabilities consist of the following (in thousands):

	January 31, 2018		October 31, 2017

Minimum pension liability	$	3,707	$	3,858
Deferred gain and other		62		62
	$	3,769	$	3,920

Stock-based Compensation (Tables)

3 Months Ended

Jan. 31, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

Stock-based compensation expense is recognized over the performance and vesting periods as summarized below ($ in thousands):

Performance	Shares	Three Months Ended January 31,
Year	Granted	2018		2017
2015	27,424	$	-	$	36
2016	44,688		25		64
2017	41,291		68		164
2018	90,000		306		-
		$	399	$	264

Segment Information (Tables)

3 Months Ended

Jan. 31, 2018

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Segment information for the three months ended January 31, 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	$	24,976	$	2,833	$	–	$	–	$	2,524	$	30,333	$	1,260	$	–	$	–	$	31,593
Intersegment revenue		–		4,924		(4,924)		–		–		–		–		–		–		–
Total net revenues		24,976		7,757		(4,924)		–		2,524		30,333		1,260		–		-		31,593
Costs and expenses		22,890		5,724		(4,924)		704		2,321		26,715		870		30		4,026		31,641
Depreciation and amortization		–		–		–		–		–		1,447		195		-		48		1,690
Operating income	$	2,086	$	2,033	$	–	$	(704)	$	203	$	2,171	$	195	$	(30)	$	(4,074)	$	(1,738)

Segment information for the three months ended January 31, 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	$	23,312	$	2,677	$	–	$	–	$	780	$	26,769	$	1,323	$	–	$	–	$	28,092
Intersegment revenue		–		5,159		(5,159)		–		–		–		–		–		–		–
Total net revenues		23,312		7,836		(5,159)		–		780		26,769		1,323		-		-		28,092
Costs and expenses		21,249		5,731		(5,159)		680		2,508		25,009		866		85		3,794		29,754
Depreciation and amortization		–		–		–		–		–		1,335		189		-		53		1,577
Operating income	$	2,063	$	2,105	$	–	$	(680)	$	(1,728)	$	425	$	268	$	(85)	$	(3,847)	$	(3,239)

The following table sets forth revenues by category, by segment for the three months ended January 31, 2018 and 2017 (in thousands):

	Three months ended January 31,
	2018		2017

Fresh lemons	$	24,976	$	23,312
Lemon packing		7,757		7,836
Intersegment revenue		(4,924)		(5,159)
Lemon revenues		27,809		25,989

Avocados		-		-

Navel and Valencia oranges		1,343		503
Specialty citrus and other crops		1,181		277
Other agribusiness revenues		2,524		780
Agribusiness revenues		30,333		26,769

Residential and commercial rentals		850		894
Leased land		328		371
Organic recycling and other		82		58
Rental operations revenues		1,260		1,323

Real estate development revenues		-		-
Total net revenues	$	31,593	$	28,092

Business (Details Textual)	Jan. 31, 2018	Oct. 31, 2014
Equity Method Investment, Ownership Percentage	90.00%	35.00%

Summary of Significant Accounting Policies (Details Textual)	12 Months Ended
	Oct. 31, 2017 USD ($)
Accounting Policies [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Operating Results	$ 21,000

Acquisitions (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Oct. 31, 2017	Feb. 24, 2017
Goodwill	$ 884	$ 876
Fruticola Pan de Azucar S.A. [Member]
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		$ 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

Acquisitions (Details Textual)	1 Months Ended		3 Months Ended		12 Months Ended
Acquisitions (Details Textual)	Aug. 31, 2017 USD ($)	Feb. 24, 2017 USD ($) a	Jan. 31, 2018 USD ($)	Jan. 31, 2017 USD ($)	Dec. 31, 2016 USD ($)	Oct. 31, 2014
Equity Method Investment, Ownership Percentage			90.00%			35.00%
Revenues, Total			$ 31,593,000	$ 28,092,000
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Asset	$ 193,000
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	94,000
Cash Acquired from Acquisition	$ 94,000
Limoneira Company [Member]
Equity Method Investment, Ownership Percentage		35.00%	47.00%
Fruticola Pan de Azucar S.A. [Member]
Business Acquisition, Percentage of Voting Interests Acquired		90.00%
Payments to Acquire Businesses, Net of Cash Acquired		$ 5,706,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt		$ 1,700,000
Area of Land \| a		200
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets		$ 9,451,000	$ 9,451,000
Equity Method Investment, Ownership Percentage		13.00%	10.00%
Revenues, Total					1,900,000
Business Combination, Acquisition Related Costs			$ 57,000
Business Acquisition, Pro Forma Net Income (Loss)					$ 450,000
Fruticola Pan de Azucar S.A. [Member] \| stockholder [Member]
Equity Method Investment, Ownership Percentage			53.00%

Fair Value Measurements (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Jan. 31, 2018	Oct. 31, 2017
Assets at fair value:
Available-for-sale securities	$ 26,100	$ 22,110
Liabilities at fair value:
Derivative	123	268
Fair Value, Inputs, Level 1 [Member]
Assets at fair value:
Available-for-sale securities	26,100	22,110
Liabilities at fair value:
Derivative	0	0
Fair Value, Inputs, Level 2 [Member]
Assets at fair value:
Available-for-sale securities	0	0
Liabilities at fair value:
Derivative	123	268
Fair Value, Inputs, Level 3 [Member]
Assets at fair value:
Available-for-sale securities	0	0
Liabilities at fair value:
Derivative	$ 0	$ 0

Fair Value Measurements (Details Textual) - $ / shares	Jan. 31, 2018	Oct. 31, 2017	Oct. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity Method Investment, Ownership Percentage	90.00%		35.00%
Calavo Growers Incorporated [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity Method Investment Investee Price Per Share	$ 87.00	$ 73.70
Investment Owned, Balance, Shares	300,000
Equity Method Investment, Ownership Percentage	1.70%

Accounts Receivable (Details Textual) - USD ($)	Jan. 31, 2018	Oct. 31, 2017
Accounts Receivable Disclosure [Line Items]
Allowance for Doubtful Accounts Receivable, Current	$ 465,000	$ 577,000

Concentrations (Details Textual)	3 Months Ended
Concentrations (Details Textual)	Jan. 31, 2018
Supplier Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	15.00%
Lemons [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	53.00%

Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Oct. 31, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Line Items]
Prepaid insurance	$ 825	$ 609
Prepaid supplies	929	806
Lemon supplier advances	502	271
Note receivable, net	2,845	0
Deferred lease expense, water assessments and other	1,423	958
Real estate development for sale	0	4,337
Prepaid Expense and Other Assets, Current	$ 6,524	$ 6,981

Real Estate Development (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Oct. 31, 2017
Real Estate Properties [Line Items]
Real estate development assets	$ 84,271	$ 81,082
East Area I and II [Member]
Real Estate Properties [Line Items]
Real estate development assets	77,689	74,500
Templeton Santa Barbara, LLC [Member]
Real Estate Properties [Line Items]
Real estate development assets	$ 6,582	$ 6,582

Real Estate Development (Details Textual)	1 Months Ended									3 Months Ended			12 Months Ended
Real Estate Development (Details Textual)	Feb. 28, 2018 USD ($)	Jan. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Oct. 31, 2017 USD ($)	Aug. 31, 2017 USD ($)	Jan. 28, 2016 USD ($)	Nov. 10, 2015 USD ($)	Sep. 30, 2015 USD ($)	Feb. 28, 2013 USD ($) a	Jan. 31, 2018 USD ($)	Jan. 31, 2017 USD ($)	Jan. 31, 2016 USD ($)	Oct. 31, 2017 USD ($)	Oct. 31, 2016 USD ($)	Oct. 31, 2015 USD ($)	Oct. 31, 2014 USD ($)	Feb. 24, 2017 USD ($)	Oct. 31, 2005 a
Real Estate Properties [Line Items]
Equity Method Investment, Ownership Percentage		90.00%								90.00%						35.00%
Increase In Real Estate Development And Financing Liability										$ 2,726,000	$ 1,833,000
Payments to Acquire Equity Method Investments										3,500,000	4,450,000
Income (Loss) from Equity Method Investments										43,000	74,000
Gains (Losses) on Sales of Investment Real Estate										25,000	0
Real Estate Held for Development and Sale		$ 0		$ 4,337,000						0			$ 4,337,000
Unsecured Line of Credit Loan Agreement and Promissory Note [Member]
Real Estate Properties [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.85%
Debt Instrument, Description of Variable Rate Basis		LIBOR plus 2.85%
Debt Instrument, Face Amount		$ 45,000,000								45,000,000
Debt Instrument, Maturity Date, Description		Loan matures in January 2020, with an option to extend the maturity date until 2021, subject to certain conditions
East Areas I and II [Member]
Real Estate Properties [Line Items]
Number Of Acres Of Land For Real Estate Development \| a																		550
Real Estate Development Expense										1,000	3,000
SEC Schedule III, Real Estate, Period Increase (Decrease), Total										3,189,000	2,196,000
Payments to Acquire Equity Method Investments											4,450,000
Income (Loss) from Equity Method Investments										$ 0	54,000
East Area I [Member]
Real Estate Properties [Line Items]
Pro rata Share Percentage Of Improvement Costs Required To Be Paid Relating To Annexation		28.50%								28.50%
Maximum Improvement Costs Required To Be Paid Relating To Annexation Of Real Estate Property		$ 5,000,000								$ 5,000,000
Templeton Santa Barbara Limited Liability Company [Member]
Real Estate Properties [Line Items]
Real Estate Development Expense										29,000	47,000
Centennial Square [Member]
Real Estate Properties [Line Items]
SEC Schedule III, Real Estate, Gross, Beginning Balance		3,250,000		2,983,000						3,250,000			2,983,000
Centennial Square [Member] \| Prepaid Expenses and Other Current Assets [Member]
Real Estate Properties [Line Items]
Real Estate Held-for-sale				2,983,000									2,983,000
Pacific Crest [Member]
Real Estate Properties [Line Items]
SEC Schedule III, Real Estate, Gross, Beginning Balance		3,332,000		3,250,000						3,332,000			3,250,000
Proceeds from Sale of Real Estate Held-for-investment			$ 3,500,000
Gains (Losses) on Sales of Investment Real Estate			40,000
Real Estate Held for Development and Sale				3,332,000									3,332,000
Sevilla [Member]
Real Estate Properties [Line Items]
SEC Schedule III, Real Estate, Gross, Beginning Balance				4,686,000									4,686,000
Proceeds from Sale of Real Estate Held-for-investment					$ 1,364,000
Gains (Losses) on Sales of Investment Real Estate					10,000
Real Estate Held for Development and Sale		3,250,000								3,250,000
Real Estate Held-for-sale					$ 1,452,000
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
Lewis Group of Companies [Member]
Real Estate Properties [Line Items]
Equity Method Investment, Ownership Percentage							50.00%
Equity Method Investment, Aggregate Cost		20,000,000					$ 20,000,000			20,000,000		$ 1,200,000
Proceeds from Sale of Equity Method Investments							$ 18,000,000	$ 2,000,000				$ 18,800,000
Payments of Financing Costs, Total						$ 2,100,000
Limoneira Lewis Community Builders, LLC Agreement [Member]
Real Estate Properties [Line Items]
Due from Joint Ventures															$ 250,000
Rental Income, Non-Operating										4,000	$ 12,000
Centennial Property [Member]
Real Estate Properties [Line Items]
Proceeds from Sale of Real Estate Held-for-investment			179,000	$ 3,250,000
Gains (Losses) on Sales of Investment Real Estate										15,000			194,000
Proceeds from Issuance of Debt			$ 3,000,000
Deferred Gain on Sale of Property		$ 179,000								$ 179,000
East Areas II [Member]
Real Estate Properties [Line Items]
Area of Real Estate Property \| a									7
Payments to Acquire Real Estate									$ 75,000				$ 50,000	$ 50,000	$ 50,000	$ 50,000
East Areas II [Member] \| Subsequent Event [Member]
Real Estate Properties [Line Items]
Real Estate Investment Property, Net	$ 3,145,000
Payments to Acquire and Develop Real Estate	1,444,000
Notes Payable	1,435,000
Payments of Derivative Issuance Costs	9,000
Purchase Price of Option Payments Including Transaction Cost	$ 275,000
East Areas II [Member] \| Subsequent Event [Member] \| Maximum [Member]
Real Estate Properties [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	7.00%
East Areas II [Member] \| Subsequent Event [Member] \| Minimum [Member]
Real Estate Properties [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	5.00%

Equity in Investments (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Oct. 31, 2017
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	$ 17,645	$ 14,061
Limoneira Lewis Community Builders, LLC [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	13,134	9,634
Limco Del Mar, Ltd. [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	2,130	1,968
Rosales [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	1,866	1,944
Romney Property Partnership [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	$ 515	$ 515

Equity in Investments (Details Textual)	Jan. 31, 2018	Feb. 24, 2017	Oct. 31, 2014	Aug. 14, 2014
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage	90.00%		35.00%
Limoneira Company [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage	47.00%	35.00%
Equity Method Investment, Additional Ownership Percentage	12.00%			12.00%

Investment in Calavo Growers, Inc. (Details Textual) - USD ($)	1 Months Ended	2 Months Ended	3 Months Ended		12 Months Ended
	Jun. 30, 2005	Jul. 31, 2016	Jan. 31, 2018	Jan. 31, 2017	Oct. 31, 2015	Oct. 31, 2013	Oct. 31, 2009	Oct. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Equity Method Investment, Ownership Percentage			90.00%					35.00%
Calavo Growers, Inc [Member]
Schedule of Available-for-sale Securities [Line Items]
Investment Owned, Balance, Shares	1,000,000
Equity Method Investment, Ownership Percentage	6.90%
Payments to Acquire Available-for-sale Securities, Equity	$ 10,000,000
Stock Issued During Period, Shares, New Issues	1,728,570
Percentage Of Ownership Interest Sold	15.10%
Stock Issued During Period, Value, New Issues	$ 23,450,000
Proceeds From Payment For Stock Purchase Agreement	$ 13,450,000
Sale Of Available For Sale Securities Number Of Shares Sold							335,000
Proceeds from Sale of Available-for-sale Securities, Equity		$ 4,019,000					$ 6,079,000
Available-for-sale Securities, Gross Realized Gain (Loss)		$ 3,419,000			$ 5,033,000	$ 3,138,000	$ 2,729,000
Available-for-sale Securities, Change in Net Unrealized Holding Gain (Loss) before Taxes			$ 3,990,000	$ (1,155,000)
Available-for-sale Securities, Change in Net Unrealized Holding Gain (Loss), Net of Tax, Total			2,821,000	$ 697,000
Sale of Stock, Number of Shares Issued in Transaction		60,000			140,000	165,000
Proceeds from Sale of Available-for-sale Securities, Total					$ 6,433,000	$ 4,788,000
Available-for-sale Securities, Total			$ 300,000

Other Assets (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Oct. 31, 2017
Regulatory Assets [Line Items]
Investments in mutual water companies	$ 5,006	$ 4,686
Acquired water and mineral rights	2,701	2,655
Deposit for land purchase	670	645
Deferred lease assets and other	438	448
Note receivable	563	625
Revolving funds and memberships	320	265
Acquired trade names and trademarks, net	218	233
Goodwill	884	876
Other Assets, Noncurrent	$ 10,800	$ 10,433

Accrued Liabilities (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Oct. 31, 2017
Schedule of Accrued Liabilities [Line Items]
Compensation	$ 1,568	$ 2,367
Property taxes	200	599
Interest	372	327
Deferred income and deposits	963	636
Lease expense	17	137
Lemon supplier payables	177	166
Capital expenditures and other	764	945
Accrued Liabilities, Current	$ 4,061	$ 5,177

- Definition

The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income.

+ References + Details

Long-Term Debt (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Oct. 31, 2017
Debt Instrument [Line Items]
Less deferred financing costs, net of accumulated amortization	$ 181	$ 188
Total long-term debt, net	115,714	105,113
Less current portion	3,318	3,030
Long-term debt, less current portion	112,396	102,083
Farm Credit West Master Loan [Member]
Debt Instrument [Line Items]
Total long-term debt, net	85,670	74,556
Farm Credit West Term Loan One [Member]
Debt Instrument [Line Items]
Total long-term debt, net	3,018	3,155
Farm Credit West Term Loan Two [Member]
Debt Instrument [Line Items]
Total long-term debt, net	1,155	1,167
Farm Credit West Term Loan Three [Member]
Debt Instrument [Line Items]
Total long-term debt, net	9,423	9,504
Farm Credit West Term Loan Four [Member]
Debt Instrument [Line Items]
Total long-term debt, net	7,015	7,083
Wells Fargo Term Loan [Member]
Debt Instrument [Line Items]
Total long-term debt, net	7,393	7,730
Banco de Chile term loan [Member]
Debt Instrument [Line Items]
Total long-term debt, net	2,221	2,106
Subtotal [Member]
Debt Instrument [Line Items]
Total long-term debt, net	$ 115,895	$ 105,301

Long-Term Debt (Parenthetical) (Details)	3 Months Ended
Long-Term Debt (Parenthetical) (Details)	Jan. 31, 2018
Farm Credit West Term Loan One [Member]
Debt Instrument, Maturity Date	Nov. 30, 2022
Debt Instrument, Interest Rate, Stated Percentage	3.95%
Farm Credit West Term Loan Two [Member]
Debt Instrument, Maturity Date	Oct. 31, 2035
Farm Credit West Term Loan Three [Member]
Debt Instrument, Maturity Date	Mar. 31, 2036
Debt Instrument, Interest Rate, Stated Percentage	4.70%
Farm Credit West Term Loan Four [Member]
Debt Instrument, Maturity Date	Mar. 31, 2036
Debt Instrument, Interest Rate, Stated Percentage	3.62%
Farm Credit West Term Loan Five [Member]
Debt Instrument, Interest Rate, Stated Percentage	3.95%
Wells Fargo Term Loan [Member]
Debt Instrument, Maturity Date	Jan. 31, 2023
Debt Instrument, Interest Rate, Stated Percentage	3.58%
Banco de Chile term loan [Member]
Debt Instrument, Maturity Date	Jan. 31, 2025
Debt Instrument, Interest Rate, Stated Percentage	6.48%
Farm Credit West Master Loan [Member]
LIBOR rate	1.56%
Debt Instrument, Basis Spread on Variable Rate	1.85%
Debt Instrument, Maturity Date	Jul. 01, 2022

Long-Term Debt (Details Textual) - USD ($)	1 Months Ended	3 Months Ended			12 Months Ended
Long-Term Debt (Details Textual) - USD ($)	Jun. 20, 2017	Jan. 31, 2019	Jan. 31, 2018	Jan. 31, 2017	Oct. 31, 2017	Jan. 29, 2018	Feb. 16, 2016	Jan. 20, 2016
Debt Instrument [Line Items]
Interest Costs Capitalized			$ 577,000	$ 464,000
Debt Instrument, Covenant Description		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
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 60,000,000					$ 75,000,000
Wells Fargo Equipment Finance, Inc. [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount								$ 10,000,000
Prepayment Penalty Of Unpaid Balance								2.00%
Rabobank Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			115,000,000
Line of Credit Facility, Collateral Fees, Amount			$ 115,000,000
Debt Related Commitment Fees and Debt Issuance Costs					$ 45,000
Farm Credit West Term Loan Four [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			3.62%
Debt Instrument, Face Amount							$ 10,000,000
Farm Credit West Term Loan Five [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			3.95%
Debt Instrument, Face Amount							$ 7,500,000
Banco De Chile Term Loan [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			6.48%
Farm Credit West Master Loan [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate			1.85%
Line of Credit Facility, Maximum Borrowing Capacity	115,000,000
Payments of Debt Issuance Costs					$ 108,000
Farm Credit West Master Loan [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	75,000,000
Farm Credit West Master Loan [Member] \| Non-Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 40,000,000
Farm Credit West Master Loan [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.35%
Farm Credit West Master Loan [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.60%

Derivative Instrument and Hedging Activities (Details) - forward interest rate swap [Member] - USD ($) $ in Thousands	Jan. 31, 2018	Oct. 31, 2017
Derivative [Line Items]
Derivative Liability, Notional Amount	$ 40,000	$ 40,000
Derivative Liability, Fair Value Liability	$ 123	$ 268

Derivative Instrument and Hedging Activities (Details Textual) - Forward Interest Rate Swaps [Member] - USD ($) $ in Thousands	Jan. 31, 2018	Oct. 31, 2017
Derivative [Line Items]
Derivative, Fixed Interest Rate	4.30%
Derivative Liability, Notional Amount	$ 40,000	$ 40,000

Basic and Diluted Net Income (Loss) per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Jan. 31, 2018	Jan. 31, 2017
Basic net income (loss) per common share:
Numerator: Net income (loss) applicable to common stock	$ 8,500	$ (2,227)
Denominator: Weighted average common shares-basic	14,466,000	14,202,000
Basic net income (loss) per common share	$ 0.59	$ (0.16)
Diluted net income (loss) per common share:
Numerator: Net income (loss) for diluted EPS	$ 8,625	$ (2,227)
Denominator: Weighted average common shares-basic	14,466,000	14,202,000
Effect of dilutive unvested, restricted stock and preferred stock	518,000	0
Weighted average common shares-diluted	14,984,000	14,202,000
Diluted net income (loss) per common share	$ 0.58	$ (0.16)

Basic and Diluted Net Income (Loss) per Share (Details Textual)	3 Months Ended
	Jan. 31, 2018 shares
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	98,000

Related-Party Transactions (Details Textual)			1 Months Ended	3 Months Ended		12 Months Ended
Related-Party Transactions (Details Textual)	Feb. 05, 2015 USD ($)	Aug. 14, 2014 USD ($)	Dec. 31, 2016 USD ($)	Jan. 31, 2018 USD ($) a shares	Jan. 31, 2017 USD ($) a	Oct. 31, 2017 USD ($)	Feb. 24, 2017	Feb. 29, 2016 shares	Oct. 31, 2014
Related Party Transaction [Line Items]
Rental Income				$ 9,000	$ 17,000
Due to Related Parties				$ 0		$ 912,000
Equity Method Investment, Ownership Percentage				90.00%					35.00%
Income (Loss) from Equity Method Investments				$ 43,000	74,000
Payments to Acquire Equity Method Investments				$ 3,500,000	$ 4,450,000
Limoneira Company [Member]
Related Party Transaction [Line Items]
Equity Method Investment, Ownership Percentage				47.00%			35.00%
Equity Method Investment, Additional Ownership Percentage		12.00%		12.00%
Fruticola Pan de Azucar S.A. [Member]
Related Party Transaction [Line Items]
Revenue from Related Parties				$ 282,000
Management [Member]
Related Party Transaction [Line Items]
Land Subject to Ground Leases \| a				31	31
Operating Leases, Rent Expense				$ 6,000	$ 6,000
Series B Two Preferred Stock [Member]
Related Party Transaction [Line Items]
Temporary Equity, Shares Issued \| shares				9,300				9,300
Employee [Member]
Related Party Transaction [Line Items]
Rental Income				$ 177,000	188,000
Mutual Water Companies [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party				720,000	638,000
Due to Related Parties				321,000		141,000
Cooperative Association [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party				307,000	572,000
Due to Related Parties				6,000		180,000
Board Of Directors [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party				228,000	275,000
Due to Related Parties				88,000		636,000
Calavo Growers, Inc. [Member]
Related Party Transaction [Line Items]
Rental Income				72,000	71,000
Related Party Transaction, Purchases from Related Party				3,000	0
Due to Related Parties				4,000		163,000
Investment Income, Dividend				$ 285,000	270,000
Cadiz [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party	$ 1,212,000
Additional Lease Expense Gross Harvest Revenue Percentage				20.00%
Lessor Leasing Arrangements, Operating Leases, Term of Contract				20 years
Operating Leases, Rent Expense, Net, Total				$ 36,000	28,000
Cadiz [Member] \| Minimum [Member]
Related Party Transaction [Line Items]
Lease Expense Per Acre				200
Cadiz [Member] \| Maximum [Member]
Related Party Transaction [Line Items]
Lease Expense Per Acre				1,200
Colorado River Growers [Member]
Related Party Transaction [Line Items]
Revenue from Related Parties				218,000	303,000
Due from Related Parties				15,000		209,000
Payments for Advance to Affiliate				2,451,000	2,757,000
Yuma Mesa Irrigation And Drainage District [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party				84,000	15,000
Due to Related Parties				0		10,000
Revenue from Related Parties				0	34,000
Lease Expense Per Acre			$ 750
Rosales [Member]
Related Party Transaction [Line Items]
Equity Method Investment, Ownership Percentage		35.00%
Income (Loss) from Equity Method Investments				36,000	3,000
Amortization of Intangible Assets				84,000	52,000
Payments to Acquire Equity Method Investments		$ 1,750,000
Rosales [Member] \| Lemons [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party				163,000		101,000
Revenue from Related Parties				141,000	248,000
Limco Del Mar Limited [Member]
Related Party Transaction [Line Items]
Income (Loss) from Equity Method Investments				$ 163,000	183,000
Limco Del Mar Limited [Member] \| General Partner [Member]
Related Party Transaction [Line Items]
Equity Method Investment, Ownership Percentage				1.30%
Limco Del Mar Limited [Member] \| Limited Partner [Member]
Related Party Transaction [Line Items]
Equity Method Investment, Ownership Percentage				26.80%
Limco Del Mar Limited [Member] \| Management, Development, and Accounting Services [Member]
Related Party Transaction [Line Items]
Revenue from Related Parties				$ 47,000	$ 34,000
Fenner Valley Farms, LLC [Member]
Related Party Transaction [Line Items]
Due to Related Parties				$ 120,000		$ 61,000

Income Taxes (Details Textual) - USD ($)	3 Months Ended		12 Months Ended
Income Taxes (Details Textual) - USD ($)	Oct. 31, 2018	Jan. 31, 2018	Oct. 31, 2018	Oct. 31, 2017
Effective Income Tax Rate Reconciliation, Percent, Total		538.90%
Deferred Income Tax Expense (Benefit)		$ 10,000,000
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		28.20%		34.00%
Bonus Depreciation Deduction Claim Description		Company can deduct 100% of the cost of qualified property. Starting in 2023, the additional bonus depreciation is gradually phased out by 20% each year through 2027
Scenario, Plan [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			21.00%
Scenario, Forecast [Member]
Effective Income Tax Rate Reconciliation, Repatriation of Foreign Earnings, Amount	$ 0

Retirement Plans (Details) - Pension Plan [Member] - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2018	Jan. 31, 2017
Defined Benefit Plan Disclosure [Line Items]
Administrative expenses	$ 63	$ 76
Interest cost	192	194
Expected return on plan assets	(268)	(263)
Prior service cost	11	11
Recognized actuarial loss	175	208
Net periodic benefit cost	$ 173	$ 226

Retirement Plans (Details Textual) - USD ($)	3 Months Ended
Retirement Plans (Details Textual) - USD ($)	Jan. 31, 2018	Jan. 31, 2017
Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension Contributions	$ 150,000	$ 275,000

Other Long-Term Liabilities (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Oct. 31, 2017
Other Long-Term Liabilities [Line Items]
Minimum pension liability	$ 3,707	$ 3,858
Deferred gain and other	62	62
Other long-term liabilities	$ 3,769	$ 3,920

Series B and Series B-2 Preferred Stock (Details Textual) - USD ($)	3 Months Ended	12 Months Ended
	Jan. 31, 2018	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015	Feb. 29, 2016
Temporary Equity [Line Items]
Liquidation preference per share	$ 1,000
Common Stock [Member]
Temporary Equity [Line Items]
Convertible Preferred Stock, Shares Issued upon Conversion		177,624	6,250	6,250
Series B Preferred Stock [Member]
Temporary Equity [Line Items]
Preferred stock, par value per share	$ 100.00
Preferred stock, shares issued	30,000
Cumulative cash dividend percentage	8.75%	8.75%
Conversion price	$ 8.00
Liquidation preference per share	$ 1,000
Conversion of Stock, Shares Converted		14,210	500	500
Stock Redeemed or Called During Period, Shares	14,790
Series B-2 Convertible Preferred Stock [Member]
Temporary Equity [Line Items]
Issuance of preferred stock	$ 9,300,000
Preferred stock, par value per share	$ 100.00
Preferred stock, shares issued	9,300				9,300
Cumulative cash dividend percentage	4.00%	4.00%
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	$ 1,000	$ 1,000

Stock-based Compensation (Details) - Selling, General and Administrative Expenses [Member] - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2018	Jan. 31, 2017
Share-based compensation expense	$ 399	$ 264
2015
Share-based compensation expense	$ 0	36
Shares granted	27,424
2016
Share-based compensation expense	$ 25	64
Shares granted	44,688
2017
Share-based compensation expense	$ 68	164
Shares granted	41,291
2018
Share-based compensation expense	$ 306	$ 0
Shares granted	90,000

Stock-based Compensation (Details Textual) - USD ($)	3 Months Ended		12 Months Ended
Stock-based Compensation (Details Textual) - USD ($)	Jan. 31, 2018	Jan. 31, 2017	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2015
Management [Member]
Class of Stock [Line Items]
Shares exchanged for payroll tax	17,520	14,773
Fair value of shares exchanged	$ 401,000	$ 294,000
Stock Compensation Plan [Member] \| Management [Member]
Class of Stock [Line Items]
Shares granted			41,291	44,688	27,424
Common stock per share			$ 22.86	$ 19.92	$ 15.29
Cost from stock compensation			$ 944,000	$ 890,000	$ 410,000
Share-based compensation expense			$ 605,000	$ 544,000	$ 130,000
Stock Compensation Plan [Member] \| Nonemployee Directors [Member]
Class of Stock [Line Items]
Shares granted	14,033	18,956
Share-based compensation expense	$ 309,000	$ 323,000
Stock Compensation Plan [Member] \| Executive Officer [Member]
Class of Stock [Line Items]
Shares granted			90,000
Common stock per share			$ 22.19
Share-based compensation expense			$ 1,997,000

Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended
Segment Information (Details) - USD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017
Revenues from external customers	$ 31,593	$ 28,092
Intersegment revenue	0	0
Total net revenues	31,593	28,092
Costs and expenses	31,641	29,754
Depreciation and amortization	1,690	1,577
Operating income	(1,738)	(3,239)
Eliminations [Member]
Revenues from external customers	0	0
Intersegment revenue	(4,924)	(5,159)
Total net revenues	(4,924)	(5,159)
Costs and expenses	(4,924)	(5,159)
Depreciation and amortization	0	0
Operating income	0	0
Fresh Lemons [Member]
Revenues from external customers	24,976	23,312
Intersegment revenue	0	0
Total net revenues	24,976	23,312
Costs and expenses	22,890	21,249
Depreciation and amortization	0	0
Operating income	2,086	2,063
Lemon Packing [Member]
Revenues from external customers	2,833	2,677
Intersegment revenue	4,924	5,159
Total net revenues	7,757	7,836
Costs and expenses	5,724	5,731
Depreciation and amortization	0	0
Operating income	2,033	2,105
Avocados [Member]
Revenues from external customers	0	0
Intersegment revenue	0	0
Total net revenues	0	0
Costs and expenses	704	680
Depreciation and amortization	0	0
Operating income	(704)	(680)
Other Agribusiness [Member]
Revenues from external customers	2,524	780
Intersegment revenue	0	0
Total net revenues	2,524	780
Costs and expenses	2,321	2,508
Depreciation and amortization	0	0
Operating income	203	(1,728)
Total Agribusiness [Member]
Revenues from external customers	30,333	26,769
Intersegment revenue	0	0
Total net revenues	30,333	26,769
Costs and expenses	26,715	25,009
Depreciation and amortization	1,447	1,335
Operating income	2,171	425
Rental Operations [Member]
Revenues from external customers	1,260	1,323
Intersegment revenue	0	0
Total net revenues	1,260	1,323
Costs and expenses	870	866
Depreciation and amortization	195	189
Operating income	195	268
Real Estate Development [Member]
Revenues from external customers	0	0
Intersegment revenue	0	0
Total net revenues	0	0
Costs and expenses	30	85
Depreciation and amortization	0	0
Operating income	(30)	(85)
Corporate and Other [Member]
Revenues from external customers	0	0
Intersegment revenue	0	0
Total net revenues	0	0
Costs and expenses	4,026	3,794
Depreciation and amortization	48	53
Operating income	$ (4,074)	$ (3,847)

Segment Information (Details 1) - USD ($) $ in Thousands	3 Months Ended
Segment Information (Details 1) - USD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017
Segment Reporting, Revenue Reconciling Item [Line Items]
Lemon revenues	$ 27,809	$ 25,989
Agribusiness revenues	30,333	26,769
Rental operations revenues	1,260	1,323
Real estate development revenues	0	0
Total net revenues	31,593	28,092
Intersegment revenue [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	(4,924)	(5,159)
Other agribusiness [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	2,524	780
Fresh lemons [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	24,976	23,312
Lemon packing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total net revenues	7,757	7,836
Avocados [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Agribusiness revenues	0	0
Navel and Valencia oranges [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Agribusiness revenues	1,343	503
Specialty citrus and other crops [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Agribusiness revenues	1,181	277
Residential And Commercial Rentals [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Rental operations revenues	850	894
Leased Land [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Rental operations revenues	328	371
Organic recycling [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Rental operations revenues	$ 82	$ 58