XML 23 R56.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDINGS (Balance Sheet) (Details) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Sep. 30, 2012
Dec. 31, 2011
Jun. 30, 2010
Current assets:          
Cash and cash equivalents $ 57,417 $ 285,884 $ 170,048 $ 50,166  
Accounts receivable 577,879 503,796      
Inventories 1,472,637 1,497,119      
Prepaid expense and other current assets 56,133 13,388      
Total current assets 2,191,345 2,307,904      
Property, plant, and equipment, net 1,735,760 1,635,587      
Deferred charges and other assets, net 201,954 197,349      
Total assets 4,329,341 4,253,702      
Current liabilities:          
Accounts payable 563,922 360,057      
Accrued expenses 1,042,539 1,031,467      
Deferred revenue 1,882 210,543      
Total current liabilities 1,609,350 1,603,074      
Delaware Economic Development Authority loan 16,000 20,000     20,000
Long-term debt 722,565 709,980      
Other long-term liabilities 34,478 38,099      
Total liabilities 2,680,505 2,530,157      
Commitments and contingencies            
Equity:          
Retained earnings (accumulated deficit) (15,702) 1,956      
Accumulated other comprehensive loss (3,495) (61)      
Total equity 1,648,836 1,723,545      
Total liabilities and equity 4,329,341 4,253,702      
Issuer [Member]
         
Current assets:          
Cash and cash equivalents 56,808 241,926 189,737 3,124  
Accounts receivable 531,004 306,999      
Inventories 851,985 664,225      
Prepaid expense and other current assets 43,721 8,835      
Due from related party 10,852,441 6,770,893      
Total current assets 12,335,959 7,992,878      
Property, plant, and equipment, net 63,428 28,200      
Investment in subsidiaries 3,814,871 2,855,598      
Deferred charges and other assets, net 29,511 31,081      
Total assets 16,243,769 10,907,757      
Current liabilities:          
Accounts payable 476,299 197,624      
Accrued expenses 482,446 363,536      
Deferred revenue 1,882 0      
Due to related parties 12,878,170 7,926,481      
Total current liabilities 13,838,797 8,487,641      
Delaware Economic Development Authority loan 0 0      
Long-term debt 682,242 666,538      
Intercompany notes payable 31,632        
Other long-term liabilities 5,273 1,924      
Total liabilities 14,557,944 9,156,103      
Commitments and contingencies            
Equity:          
Member's equity 931,587 930,098      
Retained earnings (accumulated deficit) 762,848 830,497      
Accumulated other comprehensive loss (8,610) (8,941)      
Total equity 1,685,825 1,751,654      
Total liabilities and equity 16,243,769 10,907,757      
Guarantors Subsidiaries [Member]
         
Current assets:          
Cash and cash equivalents 609 12,365 6,122 47,042  
Accounts receivable 46,875 196,797      
Inventories 620,652 832,894      
Prepaid expense and other current assets 12,412 4,553      
Due from related party 15,714,459 10,015,340      
Total current assets 16,395,007 11,061,949      
Property, plant, and equipment, net 1,672,332 1,607,387      
Investment in subsidiaries 0 0      
Deferred charges and other assets, net 172,443 166,268      
Total assets 18,239,782 12,835,604      
Current liabilities:          
Accounts payable 87,623 162,433      
Accrued expenses 561,157 662,382      
Deferred revenue 0 210,543      
Due to related parties 13,688,730 8,845,031      
Total current liabilities 14,337,510 9,880,389      
Delaware Economic Development Authority loan 16,000 20,000      
Long-term debt 40,323 43,442      
Intercompany notes payable 0        
Other long-term liabilities 31,078 36,175      
Total liabilities 14,424,911 9,980,006      
Commitments and contingencies            
Equity:          
Member's equity 664,978 664,108      
Retained earnings (accumulated deficit) 3,151,447 2,193,052      
Accumulated other comprehensive loss (1,554) (1,562)      
Total equity 3,814,871 2,855,598      
Total liabilities and equity 18,239,782 12,835,604      
Non-Guarantor Subsidiaries [Member]
         
Current assets:          
Cash and cash equivalents 0 0 0 0  
Accounts receivable 0 0      
Inventories 0 0      
Prepaid expense and other current assets 0 0      
Due from related party 0 0      
Total current assets 0 0      
Property, plant, and equipment, net 0 0      
Investment in subsidiaries 0 0      
Deferred charges and other assets, net 0 0      
Total assets 0 0      
Current liabilities:          
Accounts payable 0 0      
Accrued expenses 0 0      
Deferred revenue 0 0      
Due to related parties 0 0      
Total current liabilities 0 0      
Delaware Economic Development Authority loan 0 0      
Long-term debt 0 0      
Intercompany notes payable 0        
Other long-term liabilities 0 0      
Total liabilities 0 0      
Commitments and contingencies            
Equity:          
Member's equity 0 0      
Retained earnings (accumulated deficit) 0 0      
Accumulated other comprehensive loss 0 0      
Total equity 0 0      
Total liabilities and equity 0 0      
Combining and Consolidated Adjustments [Member]
         
Current assets:          
Cash and cash equivalents 0 0 (25,811) 0  
Accounts receivable 0 0      
Inventories 0 0      
Prepaid expense and other current assets 0 0      
Due from related party (26,566,900) (16,771,512)      
Total current assets (26,566,900) (16,771,512)      
Property, plant, and equipment, net 0 0      
Investment in subsidiaries (3,814,871) (2,855,598)      
Deferred charges and other assets, net 0 0      
Total assets (30,381,771) (19,627,110)      
Current liabilities:          
Accounts payable 0 0      
Accrued expenses 0 0      
Deferred revenue 0 0      
Due to related parties (26,566,900) (16,771,512)      
Total current liabilities (26,566,900) (16,771,512)      
Delaware Economic Development Authority loan 0 0      
Long-term debt 0 0      
Intercompany notes payable 0        
Other long-term liabilities 0 0      
Total liabilities (26,566,900) (16,771,512)      
Commitments and contingencies            
Equity:          
Member's equity (664,978) (664,108)      
Retained earnings (accumulated deficit) (3,151,447) (2,193,052)      
Accumulated other comprehensive loss 1,554 1,562      
Total equity (3,814,871) (2,855,598)      
Total liabilities and equity (30,381,771) (19,627,110)      
PBF Holding Company LLC [Member]
         
Current assets:          
Cash and cash equivalents 57,417 254,291 170,048 50,166  
Accounts receivable 577,879 503,796      
Inventories 1,472,637 1,497,119      
Prepaid expense and other current assets 56,133 13,388      
Due from related party 0 14,721      
Total current assets 2,164,066 2,283,315      
Property, plant, and equipment, net 1,735,760 1,635,587      
Investment in subsidiaries 0 0      
Deferred charges and other assets, net 201,954 197,349      
Total assets 4,101,780 4,116,251      
Current liabilities:          
Accounts payable 563,922 360,057      
Accrued expenses 1,043,603 1,025,918      
Deferred revenue 1,882 210,543      
Due to related parties 0 0      
Total current liabilities 1,609,407 1,596,518      
Delaware Economic Development Authority loan 16,000 20,000      
Long-term debt 722,565 709,980      
Intercompany notes payable 31,632 0      
Other long-term liabilities 36,351 38,099      
Total liabilities 2,415,955 2,364,597      
Commitments and contingencies            
Equity:          
Member's equity 931,587 930,098      
Retained earnings (accumulated deficit) 762,848 830,497      
Accumulated other comprehensive loss (8,610) (8,941)      
Total equity 1,685,825 1,751,654      
Total liabilities and equity $ 4,101,780 $ 4,116,251