Segments

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Segments

12. Segments

We have determined that we have two operating segments: (i) Gevo segment; and (ii) Gevo Development/Agri-Energy segment. We organize our business segments based on the nature of the products and services offered through each of our consolidated legal entities. Transactions between segments are eliminated in consolidation.

Gevo Segment. Our Gevo segment is responsible for all research and development activities related to the future production of isobutanol, including the development of our proprietary biocatalysts, the production and sale of biojet fuel, our retrofit process and the next generation of chemicals and biofuels that will be based on our isobutanol technology. Our Gevo segment also develops, maintains and protects our intellectual property portfolio, develops future markets for our isobutanol and provides corporate oversight services.

Gevo Development/Agri-Energy Segment. Our Gevo Development/Agri-Energy segment is currently responsible for the operation of our Luverne Facility and the production of ethanol, isobutanol and related products.

	ThreeMonths Ended March 31,
	2017			2016
Revenues:
Gevo	$	90		$	505
Gevo Development / Agri-Energy		5,526			5,815
Consolidated	$	5,616		$	6,320
Loss from operations:
Gevo	$	(3,065	)	$	(2,307	)
Gevo Development / Agri-Energy		(4,117	)		(3,559	)
Consolidated	$	(7,182	)	$	(5,866	)
Interest expense:
Gevo	$	714		$	2,134
Gevo Development / Agri-Energy		-			17
Consolidated	$	714		$	2,151
Depreciation expense:
Gevo	$	137		$	168
Gevo Development / Agri-Energy		1,539			1,453
Consolidated	$	1,676		$	1,621
Acquisitions of plant, property and equipment:
Gevo	$	56		$	3
Gevo Development / Agri-Energy		617			2,244
Consolidated	$	673		$	2,247

	March 31,			December31,
	2017			2016
Total assets:
Gevo	$	102,331		$	110,072
Gevo Development / Agri-Energy		155,275			156,749
Intercompany eliminations		(153,019	)		(154,497	)
Consolidated	$	104,587		$	112,324