Alto Ingredients, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

5. DERIVATIVES (Tables)

5. DERIVATIVES (Tables)

9 Months Ended

Sep. 30, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives not designated as hedging instruments

The classification and amounts of the Company’s derivatives not designated as hedging instruments are as follows (in thousands):

	As of September 30, 2015
	Assets			Liabilities
Type of Instrument	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value

Commodity contracts	Other current assets	$	1,012	Other current liabilities	$	2,026
		$	1,012		$	2,026

	As of December 31, 2014
	Assets			Liabilities
Type of Instrument	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value

Commodity contracts	Other current assets	$	1,586	Other current liabilities	$	1,149
		$	1,586		$	1,149

Recognized gains (losses) for derivatives

The classification and amounts of the Company’s recognized gains (losses) for its derivatives not designated as hedging instruments are as follows (in thousands):

		Realized Gains
		Three Months Ended September 30,
Type of Instrument	Statements of Operations Location	2015			2014
Commodity contracts	Cost of goods sold	$	(251	)	$	(1,619	)
		$	(251	)	$	(1,619	)

		Unrealized Gains (Losses)
		Three Months Ended September 30,
Type of Instrument	Statements of Operations Location	2015			2014
Commodity contracts	Cost of goods sold	$	(824	)	$	402
		$	(824	)	$	402

		Realized Gains
		Nine Months Ended September 30,
Type of Instrument	Statements of Operations Location	2015			2014
Commodity contracts	Cost of goods sold	$	(101	)	$	(1,070	)
		$	(101	)	$	(1,070	)

		Unrealized Gains (Losses)
		Three Months Ended September 30,
Type of Instrument	Statements of Operations Location	2015			2014
Commodity contracts	Cost of goods sold	$	(1,451	)	$	370
		$	(1,451	)	$	370