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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Jul. 31, 2018
Jul. 31, 2017
Jul. 31, 2018
Jul. 31, 2017
Condensed Consolidated Statements of Operations        
Revenues $ 53,220,620 $ 54,250,994 $ 161,764,393 $ 161,629,116
Cost of Goods Sold 49,527,078 50,047,853 151,250,420 146,624,568
Gross Profit 3,693,542 4,203,141 10,513,973 15,004,548
Operating Expenses 1,458,554 1,463,014 4,786,700 4,654,769
Operating Income 2,234,988 2,740,127 5,727,273 10,349,779
Other Income (Expense):        
Other income, net 2,284 51,660 333,664 462,533
Interest income 44,621 16,730 114,474 23,614
Interest expense (151,742) (86,688) (360,228) (162,295)
Total other income (expense), net (104,837) (18,298) 87,910 323,852
Net Income 2,130,151 2,721,829 5,815,183 10,673,631
Less: Net Income Attributable to Non-controlling Interest (127,900) (672,208) (1,263,725) (2,616,744)
Net Income Attributable to Granite Falls Energy, LLC $ 2,002,251 $ 2,049,621 $ 4,551,458 $ 8,056,887
Weighted Average Units Outstanding - Basic and Diluted (in units) 30,606 30,606 30,606 30,606
Net Income Per Unit - Basic and Diluted (in dollars per unit) $ 65.42 $ 66.97 $ 148.71 $ 263.25
Distributions Per Unit (in dollars per unit)     $ 385.00 $ 365.00