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Consolidated Statements of Operations - USD ($)
12 Months Ended
Oct. 31, 2019
Oct. 31, 2018
Oct. 31, 2017
Consolidated Statements of Operations      
Revenues $ 208,777,119 $ 210,312,407 $ 215,782,391
Cost of Goods Sold 212,560,274 200,726,921 194,682,913
Gross Profit (Loss) (3,783,155) 9,585,486 21,099,478
Operating Expenses 6,493,422 6,284,403 6,167,883
Operating Income (Loss) (10,276,577) 3,301,083 14,931,595
Other Income (Expense):      
Other income, net 235,544 409,479 457,275
Interest income 212,445 177,955 56,384
Interest expense (520,268) (512,131) (323,708)
Investment loss (672,416)    
Total other income (expense), net (744,695) 75,303 189,951
Net Income (Loss) (11,021,272) 3,376,386 15,121,546
Less: Net (Income) Loss Attributable to Non-controlling Interest 2,630,351 (512,174) (3,636,213)
Net Income (Loss) Attributable to Granite Falls Energy, LLC $ (8,390,921) $ 2,864,212 $ 11,485,333
Weighted Average Units Outstanding - Basic and Diluted (in units) 30,606 30,606 30,606
Net Income (Loss) Per Unit - Basic and Diluted $ (274.16) $ 93.58 $ 375.26
Distributions Per Unit (in dollars per unit) $ 40.00 $ 385.00 $ 365.00