Limoneira is engaged in agribusiness and real estate development. The Company's operations consist of fruit production, sales and marketing, rental operations, real estate development and capital investment activities. Limoneira's segments include lemon operations, other agribusiness, rental operations and real estate development. It has three business divisions: agribusiness, rental operations and real estate development. Limoneira's water resources include water rights, usage rights and pumping rights to the water in aquifers. The Company's agribusiness includes farming, harvesting, lemon packing and lemon sales operations. The rental operations division includes residential and commercial rentals, leased land operations and organic recycling. The real estate development division includes developable land parcels, multi-family housing and single-family homes.