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Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2015
Hankinson Renewable Energy, LLC [Member]  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Summary of Results of Operations of Discontinued Operations
The results of operations associated with the Hankinson discontinued operations are presented in the following table. 
(Thousands of dollars)
 
2014
 
2013
Revenues
 
$
—

 
$
366,707

Income (loss) from operations before income taxes
 
—

 
40,130

Gain on sale before income taxes
 
1,202

 
80,834

Total income (loss) from discontinued operations before taxes

1,202


120,964

Provision for income taxes
 
421

 
42,257

Income (loss) from discontinued operations

$
781


$
78,707
Hereford Production Facility [Member]  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Summary of Results of Operations of Discontinued Operations
The following table presents financial results of the Hereford business:
 
Twelve months ended December 31,
(Thousands of dollars)
2015
 
2014
 
2013
Revenues
 
 
 
 
 
Ethanol sales
$
154,502

 
$
223,904

 
$
269,254

Total revenues
154,502

 
223,904

 
269,254

Costs and operating expenses
 
 
 
 
 
Ethanol cost of goods sold
121,753

 
158,276

 
228,899

Station and other operating expenses
27,881

 
34,763

 
33,227

Depreciation and amortization
333

 
147

 
77

Selling, general and administrative expenses
1,382

 
1,635

 
3,568

Total costs and operating expenses
151,349

 
194,821

 
265,771

Income from operations
3,153

 
29,083

 
3,483

Other income (expense)
 
 
 
 
 
Gain (loss) on sale of assets
60,782

 
—

 
—

Other nonoperating income (expense)
—

 
994

 
—

Total other income (expense)
60,782

 
994

 
—

Income before income taxes
63,935

 
30,077

 
3,483

Income taxes
25,186

 
9,955

 
1,292

Net income
$
38,749

 
$
20,122

 
$
2,191








The following tables present the aggregate carrying amounts of the classes of held for sale assets and liabilities:
 
 
 
(Thousands of dollars)
 
2014
Carrying amount of assets included as part of discontinued operations:
 
 
Cash and cash equivalents
 
$
942

Accounts receivable - trade
 
1,625

Inventories, at lower of cost or market
 
25,868

Prepaid expenses and other current assets
 
3,062

Property, plant and equipment, net
 
5,043

Other assets
 
515

Deferred tax assets
 
19,273

Total assets classified as held for sale in the condensed consolidated balance sheet
 
$
56,328

 
 
2014
(Thousands of dollars)
 
 
Carrying amount of liabilities included as part of discontinued operations:
 
 
Trade accounts payable and accrued liabilities
 
$
5,728

Income taxes payable
 
7,238

Deferred income taxes, net
 
(41
)
Total liabilities classified as held for sale in the condensed consolidated balance sheet
 
$
12,925

The following table presents cash flow of the Hereford ethanol plant:
 
Twelve months ended December 31,
(Thousands of dollars)
2015
 
2014
 
2013
Net cash provided by (used in) discontinued operating activities
$
(17,887
)
 
$
28,741

 
$
30,810

Net cash provided by (used in) discontinued investing activities
$
86,322

 
$
(4,918
)
 
$
(1,959
)