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Statements of Operations - USD ($)
12 Months Ended
Oct. 31, 2015
Oct. 31, 2014
Oct. 31, 2013
Revenues $ 231,254,508 $ 300,954,984 $ 224,100,934
Cost of Goods Sold - primarily related party 208,654,190 237,433,629 210,077,621
Gross Profit 22,600,318 63,521,355 14,023,313
Operating Expenses 5,175,915 5,150,506 2,988,583
Operating Income 17,424,403 58,370,849 11,034,730
Other income (expense), net 38,169 242,920 (48,373)
Other Income (Expense)      
Interest income 9,369 8,886 813
Interest expense (525,108) (485,238) (428,397)
Settlement of Debt Premium 0 953,086 0
Total other income (expense), net (477,570) 719,654 (475,957)
Net Income 16,946,833 59,090,503 10,558,773
Net Income Attributable to Noncontrolling Interest 3,360,083 10,316,612 526,752
Net Income Attributable to Granite Falls Energy, LLC $ 13,586,750 $ 48,773,891 $ 10,032,021
Weighted Average Units Outstanding - Basic and Diluted 30,606 30,606 30,606
Net Income Per Unit - Basic and Diluted $ 443.92 $ 1,593.61 $ 327.78
Distributions Per Unit - Basic and Diluted $ 1,050.00 $ 180.00 $ 0.00