Summary Of Significant Accounting Policies (Tables)

12 Months Ended

Sep. 30, 2019

Schedule of Quantifying Prior Year Misstatements Corrected in Current Year Financial Statements [Table Text Block]

Fiscal 2018 - Annual	Original			Restated			Increase
Amounts in 000's	September 30, 2018			September 30, 2018			(Decrease)
Revenues	214,990			214,990			—
Cost of Goods Sold	210,783			211,350			567
Gross Margin	4,207			3,640			(567		)
General and administrative expenses	4,972			4,972			—
Interest expense and other income, net	1,372			1,372			—
Net (Loss)	(2,137		)	(2,704		)	(567		)
Net (Loss) per unit basic	$	(160.35	)	$	(202.9	)	$	(42.55	)
Net (Loss) per unit diluted	$	(160.35	)	$	(202.9	)	$	(42.55	)
ASSETS
Current Assets
Cash & cash equivalents	1,440			1,440			—
Accounts receivable	12,672			12,672			—
Inventory	13,526			13,526			—
Other current assets	1,387			1,387			—
Total Current Assets	29,025			29,025			—
Net property, plant and equipment	111,868			111,868			—
Other assets	1,738			1,738			—
Total Assets	142,631			142,631			—
LIABILITIES AND MEMBERS' EQUITY
Current Liabilities
Accounts payable, derivative financial instruments and accrued expenses	12,147			12,147			—
Current maturities of notes payable	6,560			6,560			—
Total Current Liabilities	18,707			18,707			—
Total Long Term Liabilities	20,733			26,122			5,389
Members' Capital	87,165			87,165			—
Accumulated Earnings	16,026			10,637			(5,389		)
Total Liabilities and Members' Equity	142,631			142,631			—
Fiscal 2018 - Quarterly	Original			Restated			Original			Restated
Amounts in 000's	December 31, 2017			December 31, 2017			March 31, 2018			March 31, 2018
Revenues	50,546			50,546			53,551			53,551

Cost of Goods Sold	47,838			47,980			53,195			53,337
Gross Margin	2,708			2,566			356			214
General and administrative expenses	1,378			1,378			1,056			1,056
Interest expense and other income, net	149			149			135			135
Net Income (Loss)	1,181			1,039			(835		)	(977		)
Net Income (Loss) per unit basic	$	88.62		$	77.96		$	(62.65	)	$	(73.31	)
Net Income (Loss) per unit diluted	$	82.09		$	72.22		$	(62.65	)	$	(73.31	)
	Original			Restated			Original			Restated
	December 31, 2017			December 31, 2017			March 31, 2018			March 31, 2018
ASSETS
Current Assets
Cash & cash equivalents	2,489			2,489			1,275			1,275
Accounts receivable	11,601			11,601			12,945			12,945
Inventory	13,176			13,176			13,176			13,176
Other current assets	1,204			1,204			1,531			1,531
Total Current Assets	28,470			28,470			28,927			28,927
Net property, plant and equipment	115,237			115,237			114,655			114,655
Other assets	2,101			2,101			2,107			2,107
Total Assets	145,808			145,808			145,689			145,689
LIABILITIES AND MEMBERS' EQUITY
Current Liabilities
Accounts payable, derivative financial instruments and accrued expenses	21,250			21,250			7,108			7,108
Current maturities of notes payable	5,043			5,043			6,549			6,549
Total Current Liabilities	26,293			26,293			13,657			13,657
Total Long Term Liabilities	13,007			17,971			26,358			31,464
Members' Capital	87,165			87,165			87,165			87,165
Accumulated Earnings	19,343			14,379			18,509			13,403
Total Liabilities and Members' Equity	145,808			145,808			145,689			145,689
Fiscal 2018 - Quarterly	Original			Restated
Amounts in 000's	June 30, 2018			June 30, 2018
Revenues	53,611			53,611
Cost of Goods Sold	54,782			54,924
Gross Margin (Loss)	(1,171		)	(1,313		)
General and administrative expenses	1,809			1,809
Interest expense and other income, net	265			265
Net (Loss)	(3,245		)	(3,387		)
Net (Loss) per unit basic	$	(243.49	)	$	(254.15	)
Net (Loss) per unit diluted	$	(243.49	)	$	(254.15	)

	Original	Restated
	June 30, 2018	June 30, 2018
ASSETS
Current Assets
Cash & cash equivalents	1,207	1,207
Accounts receivable	14,584	14,584
Inventory	13,547	13,547
Other current assets	902	902
Total Current Assets	30,240	30,240
Net property, plant and equipment	113,729	113,729
Other assets	2,102	2,102
Total Assets	146,071	146,071
LIABILITIES AND MEMBERS' EQUITY
Current Liabilities
Accounts payable, derivative financial instruments and accrued expenses	11,569	11,569
Current maturities of notes payable	6,554	6,554
Total Current Liabilities	18,123	18,123
Total Long Term Liabilities	25,519	30,767
Members' Capital	87,165	87,165
Accumulated Earnings	15,264	10,016
Total Liabilities and Members' Equity	146,071	146,071

Schedule of Quantifying Prior Quarters of Current Year Misstatements [Table Text Block]

Fiscal 2019 - Quarterly	Original			Restated			Original			Restated
Amounts in 000's	December 31, 2018			December 31, 2018			March 31, 2019			March 31, 2019
Revenues	53,382			53,382			53,190			53,190
Cost of Goods Sold	52,878			53,020			53,568			53,617
Gross Margin (Loss)	504			362			(378		)	(427		)
General and administrative expenses	1,502			1,502			1,174			1,174
Interest expense and other income, net	169			169			215			215
Net (Loss)	(1,167		)	(1,309		)	(1,767		)	(1,816		)
Net (Loss) per unit basic	$	(87.57	)	$	(98.22	)	$	(132.59	)	$	(136.26	)
Net (Loss) per unit diluted	$	(87.57	)	$	(98.22	)	$	(132.59	)	$	(136.26	)
	Original			Restated			Original			Restated
	December 31, 2018			December 31, 2018			March 31, 2019			March 31, 2019
ASSETS
Current Assets
Cash & cash equivalents	1,042			1,042			1,101			1,101
Accounts receivable	9,909			9,909			9,776			9,776
Inventory	13,650			13,650			17,278			17,278

Other current assets	1,164			1,164			1,533	1,533
Total Current Assets	25,765			25,765			29,688	29,688
Net property, plant and equipment	109,714			109,714			107,697	107,697
Other assets	1,738			1,738			1,447	1,447
Total Assets	137,217			137,217			138,832	138,832
LIABILITIES AND MEMBERS' EQUITY
Current Liabilities
Accounts payable, derivative financial instruments and accrued expenses	17,110			17,964			9,850	11,650
Current maturities of notes payable	5,065			5,065			3,571	3,571
Total Current Liabilities	22,175			23,029			13,421	15,221
Total Long Term Liabilities	13,018			17,695			28,803	32,583
Members' Capital	87,165			87,165			87,165	87,165
Accumulated Earnings	14,859			9,328			9,443	3,863
Total Liabilities and Members' Equity	137,217			137,217			138,832	138,832
Fiscal 2019 - Quarterly	Original			Restated
Amounts in 000's	June 30, 2019			June 30, 2019
Revenues	53,505			53,505
Cost of Goods Sold	52,903			52,903
Gross Margin	602			602
General and administrative expenses	1,061			1,061
Interest expense and other income, net	292			292
Net (Loss)	(751		)	(751		)
Net (Loss) per unit basic	$	(56.35	)	$	(56.35	)
Net (Loss) per unit diluted	$	(56.35	)	$	(56.35	)
	Original			Restated
	June 30, 2019			June 30, 2019
ASSETS
Current Assets
Cash & cash equivalents	1,076			1,076
Accounts receivable	7,636			7,636
Inventory	19,848			19,848
Other current assets	3,996			3,996
Total Current Assets	32,556			32,556
Net property, plant and equipment	109,957			109,957
Other assets	1,447			1,447
Total Assets	143,960			143,960
LIABILITIES AND MEMBERS' EQUITY
Current Liabilities

Accounts payable, derivative financial instruments and accrued expenses	15,887	17,687
Current maturities of notes payable	2,077	2,077
Total Current Liabilities	17,964	19,764
Total Long Term Liabilities	30,139	33,919
Members' Capital	87,165	87,165
Accumulated Earnings	8,692	3,112
Total Liabilities and Members' Equity	143,960	143,960

Schedule Of Derivatives Not Designated As Hedging Instruments

Derivatives not designated as hedging instruments along with cash due to brokers at September 30, 2019 and 2018 are as follows:

	Balance Sheet Classification	September 30, 2019			September 30, 2018
		in 000's			in 000's
Futures and option contracts
In gain position		$	368		$	583
In loss position		(364		)	(82		)
Cash held by broker		74			545
	Current asset	78			1,046
Forward contracts, corn	Current liability	597			1,567
Net futures, options, and forward contracts		$	(519	)	$	(521	)

Schedule Of Net Realized And Unrealized Gains And Losses On Derivative Contracts

The net realized and unrealized gains and losses on the Company’s derivative contracts for the years ended September 30, 2019 and 2018 consist of the following:

	Statement of Operations Classification	September 30, 2019			September 30, 2018
Net realized and unrealized (gains) losses related to:		(in 000's)			(in 000's)
Forward purchase contracts (corn)	Cost of Goods Sold	$	(1,530	)	$	1,894
Futures and option contracts (corn)	Cost of Goods Sold	(1,295		)	(3,568		)

Schedule Of Property And Equipment

Property and equipment are stated at cost.  Depreciation is computed using the straight-line method over the following estimated useful lives:

Buildings	40 Years
Process Equipment	10 - 20 Years
Office Equipment	3-7 Years