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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Net revenues $ 93,268,093 $ 100,331,589 $ 191,991,505 $ 192,298,396
Cost of revenues:        
Production 7,406,999 6,821,032 14,830,369 13,694,012
Brokerage fees 154,818 159,151 318,056 329,087
Total cost of revenues 86,595,243 93,454,642 183,594,192 179,962,035
Gross profit (loss) 6,672,850 6,876,947 8,397,313 12,336,361
Operating expenses:        
Administration 898,767 927,314 1,923,496 1,932,515
Operating income (loss) 5,774,083 5,949,633 6,473,817 10,403,846
Other income (expense):        
Interest expense (308,354) (267,730) (658,341) (460,289)
Other non-operating income (expense) 20,885 100,099 (301,332) 419,466
Patronage dividend income 0 0 195,553 169,456
Total other income (expense) (287,469) (167,631) (764,120) 128,633
Income (loss) before income taxes 5,486,614 5,782,002 5,709,697 10,532,479
Income tax benefit (expense) 0 0 0 (600)
Net income (loss) $ 5,486,614 $ 5,782,002 $ 5,709,697 $ 10,531,879
Basic and diluted earnings per capital unit:        
Net income (in dollars per share) $ 0.18 $ 0.19 $ 0.19 $ 0.35
Weighted average number of capital units outstanding for calculation of basic and diluted earnings per capital unit (in shares) 30,419,000 30,419,000 30,419,000 30,419,000
Product        
Cost of revenues:        
Cost of products and services $ 69,602,276 $ 76,330,505 $ 149,802,782 $ 147,679,055
Freight and rail        
Cost of revenues:        
Cost of products and services $ 9,431,150 $ 10,143,954 $ 18,642,985 $ 18,259,881