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Condensed Consolidated Statement of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Net income $ 176,882 $ 353,211
Adjustments to reconcile net income to net cash provided by operations:    
Depreciation and amortization 57,353 45,480
Stock-based compensation 1,977 1,047
Change in fair value of catalyst lease obligation (5,481) 978
Change in fair value of contingent consideration 0 1,384
Deferred income taxes 16,669 0
Non-cash change inventory repurchase obligations (17,377) (12,611)
Write-off of unamortized deferred financing fees 0 4,391
Pension and other post retirement benefits costs 8,472 6,335
Gain on disposition of property, plant and equipment 0 (2,450)
Changes in current assets and current liabilities:    
Accounts receivable (87,556) (131,996)
Inventories (183,038) (65,754)
Other current assets (32,748) 41,198
Accounts payable (132,490) 5,882
Accrued expenses 193,267 (79,321)
Deferred revenue (26,594) (22,311)
Other assets and liabilities (9,537) (28,089)
Net cash (used in) provided by operations (40,201) 117,374
Cash flow from investing activities:    
Expenditures for property, plant and equipment (105,084) (64,123)
Expenditures for deferred turnarounds cost (4,551) (22,609)
Expenditures for other assets (3,089) (6,503)
Proceeds from sale of assets 0 3,381
Net cash used in investing activities (112,724) (89,854)
Cash flows from financing activities:    
Proceeds from revolver borrowings 160,000 0
Proceeds from member's capital contributions 0 250
Distribution to PBF Energy Company LLC members (121,945) (12,860)
Dividend payment (14,168) 0
Proceeds from 8.25% senior secured notes 0 665,806
Proceeds from long-term debt 0 430,000
Proceeds from catalyst lease 0 9,452
Repayments of revolver borrowings (65,000) 0
Repayments of long-term debt 0 (1,041,718)
Payment of contingent consideration related to acquistion of Toledo refinery (21,357) (103,642)
Deferred financing costs and other (1,259) (16,246)
Net cash used in financing activities (63,729) (68,958)
Net decrease in cash and cash equivalents (216,654) (41,438)
Cash and equivalents, beginning of period 285,884 50,166
Cash and equivalents, end of period 69,230 8,728
Non-cash activities:    
Conversion of Delaware Economic Development Authority loan to grant 4,000 0
Accrued construction in progress 3,300 1,939
Non-cash impact of inventory supply and offtake agreements on inventory and accrued expenses 142,584 61,449
PBF Holding Company LLC [Member]
   
Net income 195,265 353,211
Adjustments to reconcile net income to net cash provided by operations:    
Depreciation and amortization 57,353 45,480
Stock-based compensation 1,977 1,047
Change in fair value of catalyst lease obligation (5,481) 978
Change in fair value of contingent consideration 0 1,384
Non-cash change inventory repurchase obligations (17,377) (12,611)
Write-off of unamortized deferred financing fees 0 4,391
Pension and other post retirement benefits costs 8,472 6,335
Gain on disposition of property, plant and equipment 0 (2,450)
Changes in current assets and current liabilities:    
Accounts receivable (87,556) (131,996)
Due to/from related party 14,721 0
Inventories (183,038) (65,754)
Other current assets (32,748) 41,198
Accounts payable (132,490) 5,882
Accrued expenses 195,311 (79,321)
Deferred revenue (26,594) (22,311)
Other assets and liabilities (8,366) (28,089)
Net cash (used in) provided by operations (20,551) 117,374
Cash flow from investing activities:    
Expenditures for property, plant and equipment (105,084) (64,123)
Expenditures for deferred turnarounds cost (4,551) (22,609)
Expenditures for other assets (3,089) (6,503)
Proceeds from sale of assets 0 3,381
Proceeds from intercompany notes payable 31,632 0
Net cash used in investing activities (112,724) (89,854)
Cash flows from financing activities:    
Proceeds from revolver borrowings 160,000 0
Proceeds from member's capital contributions 0 250
Distribution to PBF Energy Company LLC members (155,802) (12,860)
Proceeds from 8.25% senior secured notes 0 665,806
Proceeds from long-term debt 0 430,000
Proceeds from catalyst lease 0 9,452
Repayments of revolver borrowings (65,000) 0
Repayments of long-term debt 0 (1,041,718)
Payment of contingent consideration related to acquistion of Toledo refinery (21,357) (103,642)
Deferred financing costs and other (1,259) (16,246)
Net cash used in financing activities (51,786) (68,958)
Net decrease in cash and cash equivalents (185,061) (41,438)
Cash and equivalents, beginning of period 254,291 50,166
Cash and equivalents, end of period 69,230 8,728
Non-cash activities:    
Conversion of Delaware Economic Development Authority loan to grant 4,000 0
Accrued construction in progress 3,300 1,939
Non-cash impact of inventory supply and offtake agreements on inventory and accrued expenses $ 142,584 $ 61,449