XML 37 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Balance Sheets (USD $)
Oct. 31, 2014
Oct. 31, 2013
Current Assets    
Cash $ 27,209,010us-gaap_Cash $ 1,158,774us-gaap_Cash
Restricted cash 492,099us-gaap_RestrictedCashAndCashEquivalents 393,750us-gaap_RestrictedCashAndCashEquivalents
Accounts receivable 9,281,701us-gaap_AccountsReceivableGrossCurrent 6,450,694us-gaap_AccountsReceivableGrossCurrent
Inventory 10,725,144us-gaap_InventoryGross 12,370,277us-gaap_InventoryGross
Commodity derivative instruments 1,295,738us-gaap_DerivativeAssetsCurrent 0us-gaap_DerivativeAssetsCurrent
Prepaid expenses and other current assets 398,473us-gaap_PrepaidExpenseAndOtherAssetsCurrent 1,096,483us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 49,402,165us-gaap_AssetsCurrent 21,469,978us-gaap_AssetsCurrent
Property, Plant and Equipment    
Land and improvements 12,307,063us-gaap_LandAndLandImprovements 12,307,063us-gaap_LandAndLandImprovements
Railroad improvements 8,005,523gfe_RailroadImprovements 8,005,523gfe_RailroadImprovements
Process equipment and tanks 113,602,431us-gaap_MachineryAndEquipmentGross 110,440,407us-gaap_MachineryAndEquipmentGross
Administration building 1,015,361gfe_AdministrationBuilding 1,015,361gfe_AdministrationBuilding
Office equipment 265,792us-gaap_FurnitureAndFixturesGross 265,792us-gaap_FurnitureAndFixturesGross
Rolling stock 1,834,026gfe_Vehicles 1,691,857gfe_Vehicles
Construction in progress 7,109,796us-gaap_ConstructionInProgressGross 2,067,213us-gaap_ConstructionInProgressGross
Property, Plant and Equipment, Gross 144,139,992us-gaap_PropertyPlantAndEquipmentGross 135,793,216us-gaap_PropertyPlantAndEquipmentGross
Less accumulated depreciation 56,111,647us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment 46,984,361us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Net property, plant and equipment 88,028,345us-gaap_PropertyPlantAndEquipmentNet 88,808,855us-gaap_PropertyPlantAndEquipmentNet
Goodwill 1,372,473us-gaap_Goodwill 1,372,473us-gaap_Goodwill
Other Assets 859,550us-gaap_OtherAssets 1,021,916us-gaap_OtherAssets
Total Assets 139,662,533us-gaap_Assets 112,673,222us-gaap_Assets
Current Liabilities    
Current portion long-term debt 846,235us-gaap_LongTermDebtCurrent 3,490,808us-gaap_LongTermDebtCurrent
Accounts payable 8,086,119us-gaap_AccountsPayableCurrent 3,058,633us-gaap_AccountsPayableCurrent
Corn payable to FCE - related party 1,997,540us-gaap_AccountsPayableRelatedPartiesCurrent 4,001,852us-gaap_AccountsPayableRelatedPartiesCurrent
Commodity derivative instruments 0us-gaap_DerivativeLiabilitiesCurrent 75,113us-gaap_DerivativeLiabilitiesCurrent
Accrued liabilities 649,994us-gaap_AccruedLiabilitiesCurrent 696,858us-gaap_AccruedLiabilitiesCurrent
Total current liabilities 11,579,888us-gaap_LiabilitiesCurrent 11,323,264us-gaap_LiabilitiesCurrent
Long-term Debt, less current portion 2,112,412us-gaap_LongTermDebtNoncurrent 32,981,955us-gaap_LongTermDebtNoncurrent
Commitments and Contingencies 0us-gaap_CommitmentsAndContingencies 0us-gaap_CommitmentsAndContingencies
Members' Equity, 30,656 units authorized, issued and outstanding 103,152,157us-gaap_StockholdersEquity 59,887,346us-gaap_StockholdersEquity
Stockholders' Equity Attributable to Noncontrolling Interest 22,818,076us-gaap_MinorityInterest 8,480,657us-gaap_MinorityInterest
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 125,970,233us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 68,368,003us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total Liabilities and Members’ Equity $ 139,662,533us-gaap_LiabilitiesAndStockholdersEquity $ 112,673,222us-gaap_LiabilitiesAndStockholdersEquity