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AFFILIATE NOTE PAYABLE
6 Months Ended
Jun. 30, 2016
INTERCOMPANY NOTE PAYABLE [Abstract]  
AFFILIATE NOTE PAYABLE
AFFILIATE NOTES PAYABLE
As of June 30, 2016, PBF Holding had outstanding notes payable with PBF Energy and PBF LLC for an aggregate principal amount of $470,165 ($470,047 as of December 31, 2015). 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.