Consolidated Balance Sheets - USD ($)	Oct. 31, 2017	Oct. 31, 2016
Current Assets
Cash	$ 10,065,367	$ 1,297,644
Accounts receivable	4,031,977	4,607,202
Inventory	7,064,344	5,864,545
Commodity derivative assets	141,644	662,338
Prepaid expenses and other current assets	259,106	181,853
Total current assets	21,562,438	12,613,582
Property and Equipment, net	46,567,087	50,376,210
Other Assets
Other intangible assets, net	45,852	84,000
Other assets	697,254	697,254
Total other assets	743,106	781,254
Total Assets	68,872,631	63,771,046
Current Liabilities
Current maturities of long-term debt	432,183	490,057
Checks drawn in excess of bank balance		1,866,683
Accounts payable	4,771,197	4,878,210
Commodity derivative instruments	27,630
Accrued expenses	415,106	397,407
Total current liabilities	5,646,116	7,632,357
Long-Term Debt, less current portion	965,502	1,393,669
Commitments and Contingencies
Members' Equity
Members' equity attributable to Heron Lake BioEnergy, LLC consists of 77,932,107 units authorized, issued and outstanding at both October 31, 2017 and 2016	60,767,951	53,499,596
Non-controlling interest	1,493,062	1,245,424
Total members' equity	62,261,013	54,745,020
Total Liabilities and Members' Equity	$ 68,872,631	$ 63,771,046

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.