7. COMMITMENTS AND CONTINGENCIES (Details Narrative) (USD $)
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9 Months Ended | 12 Months Ended | ||
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Sep. 30, 2014
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Sep. 30, 2014
Corn contract
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Sep. 30, 2014
Syrup contracts
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Dec. 31, 2013
Ethanol contracts
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Open indexed-price sales contracts open, gallons | 134,896,000 gallons | |||
Open WDG, syrup and corn oil fixed-price sales contracts, value | $ 814,000 | |||
Open WDG, syrup and corn oil fixed-price sales contracts, tons | 164,000 tons of WDG and syrup | |||
Sales commitments, open indexed-price sales contracts | 1.8 million pounds of corn | 2,000 tons of WEG and syrup | ||
Purchase commitments | $ 11,462,000 | |||
Purchase commitments, product | 19,318,000 gallons of ethanol |
X | ||||||||||
- Definition
No authoritative reference available. No definition available.
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X | ||||||||||
- Definition
Open WDG, syrup and corn oil fixed-price sales contracts, tons No definition available.
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X | ||||||||||
- Definition
Open WDG, syrup and corn oil fixed-price sales contracts, value No definition available.
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X | ||||||||||
- Definition
Purchase commitments, product No definition available.
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X | ||||||||||
- Definition
No authoritative reference available. No definition available.
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X | ||||||||||
- Definition
The minimum amount the entity agreed to spend under the long-term purchase commitment. No definition available.
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