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Consolidated Statements of Operations - USD ($)
12 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Oct. 31, 2015
Consolidated Statements of Operations      
Revenues $ 215,782,391 $ 215,526,226 $ 231,254,508
Cost of Goods Sold 194,682,913 198,627,132 208,654,190
Gross Profit 21,099,478 16,899,094 22,600,318
Operating Expenses 6,167,883 5,325,569 5,175,915
Operating Income 14,931,595 11,573,525 17,424,403
Other Income (Expense):      
Other income, net 457,275 99,735 38,169
Interest income 56,384 8,400 9,369
Interest expense (323,708) (453,398) (525,108)
Total other income (expense), net 189,951 (345,263) (477,570)
Net Income 15,121,546 11,228,262 16,946,833
Less: Net Income Attributable to Non-controlling Interest (3,636,213) (2,505,454) (3,360,083)
Net Income Attributable to Granite Falls Energy, LLC $ 11,485,333 $ 8,722,808 $ 13,586,750
Weighted Average Units Outstanding - Basic and Diluted (in units) 30,606 30,606 30,606
Net Income Per Unit - Basic and Diluted (in dollars per unit) $ 375.26 $ 285.00 $ 443.92
Distributions Per Unit (in dollars per unit) $ 365.00 $ 315.00 $ 1,050.00