XML 39 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (USD $)
12 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Oct. 31, 2009
Revenues $ 164,120,375 $ 110,624,758 $ 88,304,596
Cost of Goods Sold      
Cost of goods sold 155,571,814 102,786,513 85,448,407
Lower of cost or market adjustment 1,591,810 903,695 5,408,840
Total Cost of Goods Sold 157,163,624 103,690,208 90,857,247
Gross Profit (Loss) 6,956,751 6,934,550 (2,552,651)
Operating Expenses (3,613,465) (3,857,492) (4,515,476)
Settlement Income   2,600,000  
Operating Income (Loss) 3,343,286 5,677,058 (7,068,127)
Other Income (Expense)      
Interest income 37,078 43,179 78,320
Interest expense (2,900,470) (4,048,634) (4,014,448)
Write off of loan costs     (444,985)
Other income 63,123 11,918 119,806
Total other expense, net (2,800,269) (3,993,537) (4,261,307)
Net Income (Loss) 543,017 1,683,521 (11,329,434)
Net Loss Attributable to Noncontrolling Interest (27,838)    
Net Income (Loss) Attributable to Heron Lake BioEnergy, LLC $ 570,855 $ 1,683,521 $ (11,329,434)
Weighted Average Units Outstanding - Basic (in shares) 33,391,636 28,141,942 27,104,625
Weighted Average Units Outstanding - Diluted (in shares) 33,391,636 28,141,942 27,104,625
Net Income (Loss) Per Unit - Basic and Diluted (in dollars per share) $ 0.02 $ 0.06 $ (0.42)