Quarterly report pursuant to Section 13 or 15(d)

3. ACQUISITION OF AVENTINE (Details Narrative)

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3. ACQUISITION OF AVENTINE (Details Narrative) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Stock issued for acquisition, value     $ 174,572  
Ethanol production capacity per year     515 million gallons per year  
Ethanol market capacity per year     800 million gallons annualized  
Other noncurrent liabilities acquired $ 25,913   $ 25,913  
Net revenues from noncontrolling interest 0 $ 723 (87) $ 4,126
Pre-tax loss attributed by Aventine (18,588) 7,911 (24,215) 26,526
Costs associated with acquisition $ 7,446 $ 4,392 $ 16,344 $ 12,377
Aventine        
Stock issued for acquisition, shares issued 17,800,000   17,800,000  
Stock issued for acquisition, value $ 174,600   $ 174,600  
Ethanol production capacity per year     515 million gallons per year  
Ethanol market capacity per year     800 million gallons annualized  
Accounts receivable acquired gross 10,800   $ 10,800  
Uncollectible accounts receivable from acquisition 400   400  
Other noncurrent liabilities acquired 25,913   25,913  
Net revenues from noncontrolling interest 143,600   143,600  
Pre-tax loss attributed by Aventine (16,600)   (16,600)  
Costs associated with acquisition 100   1,400  
Aventine | Litigation Contingencies        
Other noncurrent liabilities acquired 3,700   3,700  
Ligitation contingency paid $ 400   $ 400