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Consolidated Statements of Operations - USD ($)
12 Months Ended
Oct. 31, 2018
Oct. 31, 2017
Oct. 31, 2016
Consolidated Statements of Operations      
Revenues $ 210,312,407 $ 215,782,391 $ 215,526,226
Cost of Goods Sold 200,726,921 194,682,913 198,627,132
Gross Profit 9,585,486 21,099,478 16,899,094
Operating Expenses 6,284,403 6,167,883 5,325,569
Operating Income 3,301,083 14,931,595 11,573,525
Other Income (Expense):      
Other income, net 409,479 457,275 99,735
Interest income 177,955 56,384 8,400
Interest expense (512,131) (323,708) (453,398)
Total other income (expense), net 75,303 189,951 (345,263)
Net Income 3,376,386 15,121,546 11,228,262
Less: Net Income Attributable to Non-controlling Interest (512,174) (3,636,213) (2,505,454)
Net Income Attributable to Granite Falls Energy, LLC $ 2,864,212 $ 11,485,333 $ 8,722,808
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) $ 93.58 $ 375.26 $ 285.00
Distributions Per Unit (in dollars per unit) $ 385.00 $ 365.00 $ 315.00