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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 $ 106,827,445 $ 108,472,054 $ 109,917,652
Cost of Goods Sold 108,812,379 104,379,759 99,488,370
Gross Profit (Loss) (1,984,934) 4,092,295 10,429,282
Operating Expenses (3,397,611) (3,198,740) (3,124,687)
Operating Income (Loss) (5,382,545) 893,555 7,304,595
Other Income (Expense):      
Interest income 77,654 75,558 24,668
Interest expense (98,815) (132,036) (212,491)
Other income, net 225,872 329,916 399,221
Total other income, net 204,711 273,438 211,398
Net Income (Loss) (5,177,834) 1,166,993 7,515,993
Less: Net Income Attributable to Non-controlling Interest (277,736) (311,777) (247,638)
Net Income (Loss) Attributable to Heron Lake BioEnergy, LLC $ (5,455,570) $ 855,216 $ 7,268,355
Weighted Average Units Outstanding—Basic and Diluted (Class A and B) 77,932,107 77,932,107 77,932,107
Net Income (Loss) Per Unit Attributable to Heron Lake BioEnergy, LLC—Basic and Diluted (Class A and B) $ (0.07) $ 0.01 $ 0.09
Distributions Per Unit (Class A and B)   $ 0.11