XML 17 R54.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDINGS (Statement of Operations) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues $ 4,797,847 $ 4,716,106
Cost and expenses:    
Cost of sales, excluding depreciation 4,435,101 4,660,193
Operating expenses, excluding depreciation 206,015 188,143
General and administrative expenses 30,094 13,814
Gain on sale of asset 0 (2,503)
Depreciation and amortization expense 26,532 20,542
Total cost and expenses 4,697,742 4,880,189
Income (loss) from operations 100,105 (164,083)
Other income (expense)    
Change in fair value of catalyst lease (1,339) (6,348)
Change in fair value of contingent consideration 0 (692)
Interest expense, net (21,611) (31,408)
Net income (loss) 69,711 (202,531)
Other comprehensive:    
Unrealized loss on available for sale securities 0 (3)
Amortization of defined benefit plans unrecognized net gain (loss) (108) 17
Total other comprehensive income (loss) (108) 14
Comprehensive income (loss) attributable to Company 69,603 (202,517)
Combining and Consolidated Adjustments [Member]
   
Revenues (1,769,435) (347,636)
Cost and expenses:    
Cost of sales, excluding depreciation (1,769,435) (347,636)
Operating expenses, excluding depreciation 0 0
General and administrative expenses 0 0
Gain on sale of asset   0
Depreciation and amortization expense 0 0
Total cost and expenses (1,769,435) (347,636)
Income (loss) from operations 0 0
Other income (expense)    
Equity in earnings (loss) of subsidiaries 480,866 (81,506)
Change in fair value of catalyst lease 0   
Change in fair value of contingent consideration     
Interest expense, net 0   
Net income (loss) (480,866) 81,506
Other comprehensive:    
Unrealized loss on available for sale securities   3
Amortization of defined benefit plans unrecognized net gain (loss) 0 0
Total other comprehensive income (loss) 0 3
Comprehensive income (loss) attributable to Company (480,866) 81,509
Guarantors Subsidiaries [Member]
   
Revenues 3,513,490 4,343,123
Cost and expenses:    
Cost of sales, excluding depreciation 2,797,002 4,200,968
Operating expenses, excluding depreciation 206,015 188,143
General and administrative expenses 3,649 1,858
Gain on sale of asset   (2,503)
Depreciation and amortization expense 23,709 18,992
Total cost and expenses 3,030,375 4,407,458
Income (loss) from operations 483,115 (64,335)
Other income (expense)    
Equity in earnings (loss) of subsidiaries 0 0
Change in fair value of catalyst lease (1,339) (6,348)
Change in fair value of contingent consideration   (692)
Interest expense, net (910) (10,131)
Net income (loss) 480,866 (81,506)
Other comprehensive:    
Unrealized loss on available for sale securities   (3)
Amortization of defined benefit plans unrecognized net gain (loss) 0 0
Total other comprehensive income (loss) 0 (3)
Comprehensive income (loss) attributable to Company 480,866 (81,509)
Non-Guarantor Subsidiaries [Member]
   
Revenues 0 0
Cost and expenses:    
Cost of sales, excluding depreciation 0 0
Operating expenses, excluding depreciation 0 0
General and administrative expenses 0 0
Gain on sale of asset   0
Depreciation and amortization expense 0 0
Total cost and expenses 0 0
Income (loss) from operations 0 0
Other income (expense)    
Equity in earnings (loss) of subsidiaries 0 0
Change in fair value of catalyst lease 0 0
Change in fair value of contingent consideration   0
Interest expense, net 0 0
Net income (loss) 0 0
Other comprehensive:    
Unrealized loss on available for sale securities   0
Amortization of defined benefit plans unrecognized net gain (loss) 0 0
Total other comprehensive income (loss) 0 0
Comprehensive income (loss) attributable to Company 0 0
Issuer [Member]
   
Revenues 3,053,792 720,619
Cost and expenses:    
Cost of sales, excluding depreciation 3,407,534 806,861
Operating expenses, excluding depreciation 0 0
General and administrative expenses 26,445 11,956
Gain on sale of asset   0
Depreciation and amortization expense 2,823 1,550
Total cost and expenses 3,436,802 820,367
Income (loss) from operations (383,010) (99,748)
Other income (expense)    
Equity in earnings (loss) of subsidiaries (480,866) 81,506
Change in fair value of catalyst lease 0 0
Change in fair value of contingent consideration   0
Interest expense, net (20,701) (21,277)
Net income (loss) 77,155 (202,531)
Other comprehensive:    
Unrealized loss on available for sale securities   (3)
Amortization of defined benefit plans unrecognized net gain (loss) (108) 17
Total other comprehensive income (loss) (108) 14
Comprehensive income (loss) attributable to Company 77,047 (202,517)
PBF Holding Company LLC [Member]
   
Revenues 4,797,847 4,716,106
Cost and expenses:    
Cost of sales, excluding depreciation 4,435,101 4,660,193
Operating expenses, excluding depreciation 206,015 188,143
General and administrative expenses 30,094 13,814
Gain on sale of asset 0 (2,503)
Depreciation and amortization expense 26,532 20,542
Total cost and expenses 4,697,742 4,880,189
Income (loss) from operations 100,105 (164,083)
Other income (expense)    
Equity in earnings (loss) of subsidiaries 0 0
Change in fair value of catalyst lease (1,339) (6,348)
Change in fair value of contingent consideration 0 (692)
Interest expense, net (21,611) (31,408)
Net income (loss) 77,155 (202,531)
Other comprehensive:    
Unrealized loss on available for sale securities 0 (3)
Amortization of defined benefit plans unrecognized net gain (loss) (108) 17
Total other comprehensive income (loss) (108) 14
Comprehensive income (loss) attributable to Company $ 77,047 $ (202,517)