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INTERCOMPANY NOTE PAYABLE
6 Months Ended
Jun. 30, 2015
INTERCOMPANY NOTE PAYABLE [Abstract]  
INTERCOMPANY NOTE PAYABLE
INTERCOMPANY NOTES PAYABLE
As of June 30, 2015, PBF Holding had outstanding notes payable with PBF Energy and PBF LLC for an aggregate principal amount of $152,287 ($122,264 as of December 31, 2014). 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.