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Gevo Development
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Gevo Development

12. Gevo Development

Gevo, Inc. currently owns 100% of the outstanding equity interests of Gevo Development.

Gevo, Inc. made capital contributions to Gevo Development of $12.3 million, $7.9 million, and $26.5 million , respectively, during the years ended December 31, 2016, 2015, and 2014.

The following table sets forth (in thousands) the net loss incurred by Gevo Development (including Agri-Energy after September 22, 2010, the closing date of the acquisition) which has been fully allocated to Gevo, Inc.’s capital contribution account based upon its capital contributions (for the period prior to September 2010) and 100% ownership (for the period after September 22, 2010).

 

 

Year Ended December 31,

 

 

2016

 

 

2015

 

 

2014

 

Gevo Development Net Loss

$

(12,983

)

 

$

(12,294

)

 

$

(14,778

)

   

The accounts of Agri-Energy are consolidated within Gevo Development as a wholly owned subsidiary which is then consolidated into Gevo, Inc. As of December 31, 2016, Gevo Development does not have any assets that can be used only to settle obligations of Gevo Development.