XML 39 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Balance Sheets (USD $)
Oct. 31, 2012
Oct. 31, 2011
Current Assets    
Cash $ 685,828 $ 13,064,560
Restricted cash 494,000 1,503,000
Accounts receivable 7,356,534 3,777,547
Inventory 12,013,169 8,615,411
Commodity derivative instruments 0 404,050
Prepaid expenses and other current assets 165,519 177,793
Total current assets 20,715,050 27,542,361
Property, Plant and Equipment    
Land and improvements 7,095,172 3,627,973
Railroad improvements 4,121,148 4,121,148
Process equipment and tanks 64,678,860 63,592,688
Administration building 279,734 279,734
Office equipment 154,072 154,072
Rolling stock 1,305,395 642,908
Construction in progress 3,831,263 366,979
Property, Plant and Equipment, Gross 81,465,644 72,785,502
Less accumulated depreciation 41,047,562 36,886,541
Net property, plant and equipment 40,418,082 35,898,961
Total Assets 61,133,132 63,441,322
Current Liabilities    
Current portion long-term debt 114,718 0
Accounts payable 3,527,840 1,591,036
Corn payable to FCE - related party 1,995,997 2,516,923
Commodity derivative instruments 45,563 0
Accrued liabilities 318,819 375,425
Distribution payable 0 9,196,800
Total current liabilities 6,002,937 13,680,184
Long-term Debt, less current portion 5,274,870 0
Commitments and Contingencies      
Members' Equity, 30,656 units authorized, issued and outstanding 49,855,325 49,761,138
Total Liabilities and Members’ Equity $ 61,133,132 $ 63,441,322