Schedule I - Condensed Financial Information of Registrant

12 Months Ended

Dec. 31, 2011

Condensed Financial Information of Registrant [Abstract]

Condensed Financial Information of Registrant [Text Block]

Schedule I

BioFuel Energy Corp.

Condensed Financial Information of Registrant

(Parent company information — See notes to consolidated financial statements)

(in thousands, except share data)

Condensed Balance Sheets

	December 31,
	2011			2010
Assets
Investment in BioFuel Energy, LLC	$	94,485		$	54,170
Total assets	$	94,485		$	54,170
Stockholders' equity
Preferred stock, $0.01 par value; 5.0 million shares authorized and no shares outstanding at December 31, 2011 and December 31, 2010	$	—		$	—
Common stock, $0.01 par value; 140.0 million shares authorized and 105,383,295 shares outstanding at December 31, 2011 and 100.0 million shares authorized and 26,275,334 shares outstanding at December 31, 2010		1,035			262
Class B common stock, $0.01 par value; 75.0 million shares authorized and 18,622,944 shares outstanding at December 31, 2011 and 50.0 million shares authorized and 7,111,985 shares outstanding at December 31, 2010		186			71
Less common stock held in treasury, at cost, 809,606 shares at December 31, 2011 and December 31, 2010		(4,316	)		(4,316	)
Additional paid-in capital		186,857			138,713
Accumulated deficit		(89,277	)		(80,560	)
Total stockholders' equity	$	94,485		$	54,170

Condensed Statements of Loss

	Years Ended December 31,
	2011			2010
Equity in loss of BioFuel Energy, LLC	$	(7,344	)	$	(18,562	)
Other expenses		(1,373	)		(1,421	)
Net loss	$	(8,717	)	$	(19,983	)

Condensed Statements of Cash Flows

	Years Ended December 31,
	2011			2010
Cash flow from operating activities
Net loss	$	(8,717	)	$	(19,983	)
Adjustment to reconcile net loss to net cash used in operating activities
Interest charges on intercompany note		—			1,176
Equity in loss of BioFuel Energy, LLC		7,344			18,562
Net cash used in operating activities		(1,373	)		(245	)
Cash flows from investing activities
Distributions from BioFuel Energy, LLC		2,738			2,607
Net cash provided by investing activities		2,738			2,607
Cash flows used in financing activities
Payment of equity offering costs		(1,276	)		(1,461	)
Payment of debt issuance costs		(89	)		(901	)
Net cash used in financing activities		(1,365	)		(2,362	)
Cash and equivalents at end of period	$	—		$	—