Quarterly report pursuant to sections 13 or 15(d)

3. INVENTORIES (Tables)

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3. INVENTORIES (Tables)
9 Months Ended
Sep. 30, 2013
Inventory Disclosure [Abstract]  
Inventories

Inventories consisted primarily of bulk ethanol and unleaded fuel, and are valued at the lower-of-cost-or-market, with cost determined on a first-in, first-out basis. Inventory balances consisted of the following (in thousands):

 

    September 30, 2013     December 31, 2012  
Finished goods   $ 7,937     $ 10,230  
Work in progress     3,622       3,846  
Raw materials     1,282       1,363  
Other     888       805  
Total   $ 13,729     $ 16,244