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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Jul. 31, 2020
Jul. 31, 2019
Jul. 31, 2020
Jul. 31, 2019
Condensed Consolidated Statements of Operations        
Revenues $ 14,165,041 $ 27,367,787 $ 56,450,290 $ 78,560,104
Cost of Goods Sold 17,314,863 26,119,684 66,494,154 78,765,455
Gross Profit (Loss) (3,149,822) 1,248,103 (10,043,864) (205,351)
Operating Expenses (769,859) (866,410) (2,644,253) (2,641,692)
Operating Income (Loss) (3,919,681) 381,693 (12,688,117) (2,847,043)
Other Income (Expense):        
Interest income 740 19,475 13,147 61,875
Interest expense (74,737) (42,990) (116,342) (58,320)
Other income, net 33,105 3,407 239,943 228,300
Total other income (expense), net (40,892) (20,108) 136,748 231,855
Net Income (Loss) (3,960,573) 361,585 (12,551,369) (2,615,188)
Less: Net Income Attributable to Non-controlling Interest   (35,006) (67,827) (197,025)
Net Income (Loss) Attributable to Heron Lake BioEnergy, LLC $ (3,960,573) $ 326,579 $ (12,619,196) $ (2,812,213)
Weighted Average Units Outstanding—Basic and Diluted (Class A and B) 77,932,107 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) $ (0.05)   $ (0.16) $ (0.04)