XML 91 R16.htm IDEA: XBRL DOCUMENT v2.4.1.9
INTERCOMPANY NOTE PAYABLE
12 Months Ended
Dec. 31, 2014
INTERCOMPANY NOTE PAYABLE [Abstract]  
INTERCOMPANY NOTE PAYABLE
INTERCOMPANY NOTES PAYABLE
During 2013, PBF Holding entered into notes payable with PBF Energy and PBF LLC. As of December 31, 2014 and 2013, PBF Holding had outstanding notes payable with PBF Energy and PBF LLC for an aggregate principal amount of $122,264 and $31,835, respectively. The notes have an interest rate of 2.5% and a five-year term but may be prepaid in whole or in part at any time, at the option of PBF Holding, without penalty or premium.