XML 15 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Condensed Consolidated Statements of Operations    
Revenues $ 49,375,097 $ 52,993,499
Cost of Goods Sold 52,110,622 49,988,507
Gross Profit (Loss) (2,735,525) 3,004,992
Operating Expenses 1,770,173 1,680,143
Operating Income (Loss) (4,505,698) 1,324,849
Other Income (Expense):    
Other income, net 1,459 259,256
Interest income 73,275 46,473
Interest expense (113,663) (105,755)
Total other income (expense), net (38,929) 199,974
Net Income (Loss) (4,544,627) 1,524,823
Less: Net (Income) Loss Attributable to Non-controlling Interest 967,125 (473,217)
Net Income (Loss) Attributable to Granite Falls Energy, LLC $ (3,577,502) $ 1,051,606
Weighted Average Units Outstanding - Basic and Diluted (in units) 30,606 30,606
Net Income (Loss) Per Unit - Basic and Diluted $ (116.89) $ 34.36
Distributions Per Unit (in dollars per unit) $ 40.00 $ 385.00