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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Jul. 31, 2019
Jul. 31, 2018
Condensed Consolidated Statements of Operations        
Revenues $ 56,401,649 $ 53,220,620 $ 155,201,136 $ 161,764,393
Cost of Goods Sold 52,657,354 49,527,078 155,186,219 151,250,420
Gross Profit (Loss) 3,744,295 3,693,542 14,917 10,513,973
Operating Expenses 1,588,584 1,458,554 4,985,276 4,786,700
Operating Income (Loss) 2,155,711 2,234,988 (4,970,359) 5,727,273
Other Income (Expense):        
Other income, net 5,586 2,284 233,251 333,664
Interest income 50,133 44,621 166,844 114,474
Interest expense (184,280) (151,742) (378,469) (360,228)
Total other income (expense), net (128,561) (104,837) 21,626 87,910
Net Income (Loss) 2,027,150 2,130,151 (4,948,733) 5,815,183
Less: Net (Income) Loss Attributable to Non-controlling Interest (138,834) (127,900) 1,356,898 (1,263,725)
Net Income (Loss) Attributable to Granite Falls Energy, LLC $ 1,888,316 $ 2,002,251 $ (3,591,835) $ 4,551,458
Weighted Average Units Outstanding - Basic and Diluted (in units) 30,606 30,606 30,606 30,606
Net Income (Loss) Per Unit - Basic and Diluted $ 61.70 $ 65.42 $ (117.36) $ 148.71
Distributions Per Unit (in dollars per unit)     $ 40.00 $ 385.00