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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Apr. 30, 2019
Apr. 30, 2018
Apr. 30, 2019
Apr. 30, 2018
Condensed Consolidated Statements of Operations        
Revenues $ 49,424,390 $ 55,550,274 $ 98,799,487 $ 108,543,773
Cost of Goods Sold 50,418,243 51,734,835 102,528,865 101,723,342
Gross Profit (Loss) (993,853) 3,815,439 (3,729,378) 6,820,431
Operating Expenses 1,626,519 1,648,003 3,396,692 3,328,146
Operating Income (Loss) (2,620,372) 2,167,436 (7,126,070) 3,492,285
Other Income (Expense):        
Other income, net 226,206 72,124 227,665 331,380
Interest income 43,436 23,380 116,711 69,853
Interest expense (80,526) (102,731) (194,189) (208,486)
Total other income (expense), net 189,116 (7,227) 150,187 192,747
Net Income (Loss) (2,431,256) 2,160,209 (6,975,883) 3,685,032
Less: Net (Income) Loss Attributable to Non-controlling Interest 528,607 (662,607) 1,495,732 (1,135,825)
Net Income (Loss) Attributable to Granite Falls Energy, LLC $ (1,902,649) $ 1,497,602 $ (5,480,151) $ 2,549,207
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 $ (62.17) $ 48.93 $ (179.05) $ 83.29
Distributions Per Unit (in dollars per unit)     $ 40.00 $ 385.00