v2.4.0.8

ACCRUED EXPENSES | 9 Months Ended
--- | ---
Sep. 30, 2013
Payables and Accruals [Abstract] |
ACCRUED EXPENSES | ACCRUED EXPENSES PBF Energy Accrued expenses consisted of the following:
| September 30, 2013 |  | December 31, 2012
Inventory-related accruals | $ | 445,753 |  |  | $ | 287,929 |
Inventory supply and offtake arrangements | 439,264 |  |  | 536,594 |
Excise and sales tax payable | 27,651 |  |  | 40,776 |
Accrued transportation costs | 23,979 |  |  | 20,338 |
Accrued interest | 9,041 |  |  | 22,764 |
Accrued utilities | 16,622 |  |  | 19,060 |
Customer deposits | 28,104 |  |  | 26,541 |
Accrued salaries and benefits | 5,995 |  |  | 15,212 |
Accrued construction in progress | 7,649 |  |  | 16,481 |
Income taxes payable | — |  |  | 1,275 |
Fair value of contingent consideration for refinery acquisition | — |  |  | 21,358 |
Other | 38,481 |  |  | 23,139 |
| $ | 1,042,539 |  |  | $ | 1,031,467 |
PBF Holding Accrued expenses consisted of the following:
| September 30, 2013 |  | December 31, 2012
Inventory-related accruals | $ | 445,753 |  |  | $ | 287,929 |
Inventory supply and offtake arrangements | 439,264 |  |  | 536,594 |
Excise and sales tax payable | 27,651 |  |  | 36,414 |
Accrued transportation costs | 23,979 |  |  | 20,338 |
Accrued interest | 9,041 |  |  | 22,764 |
Accrued utilities | 16,622 |  |  | 19,060 |
Customer deposits | 28,104 |  |  | 26,541 |
Accrued salaries and benefits | 5,995 |  |  | 15,212 |
Accrued construction in progress | 7,649 |  |  | 16,481 |
Fair value of contingent consideration for refinery acquisition | — |  |  | 21,358 |
Other | 39,545 |  |  | 23,227 |
| $ | 1,043,603 |  |  | $ | 1,025,918 |
The Company has the obligation to repurchase certain intermediates and finished products that are held in the Company’s refinery storage tanks in accordance with the Intermediation Agreements with J. Aron commencing in July 2013 (see Note 5 Inventory Intermediation Agreements). As of September 30, 2013, a liability included in Inventory supply and offtake arrangements is recorded at market price for the J. Aron owned inventory held in the Company's storage tanks under the Intermediation Agreements, with any change in the market price being recorded in costs of sales. Prior to July 1, 2013, the Company had the obligation to repurchase certain intermediates and lube products under its products offtake agreements with Morgan Stanley Capital Group Inc. (“MSCG”) that were held in the Company’s refinery storage tanks. A liability included in Inventory supply and offtake arrangements was recorded at market price for the volumes held in storage consistent with the terms of the offtake agreements with any change in the market price recorded in costs of sales. The liability represented the amount the Company expected to pay to repurchase the volumes held in storage. The Company recorded a non-cash benefit of $0 and $20,248 related to this liability in the three and nine months ended September 30, 2013, respectively. The Company recorded a non-cash charge of $30,249 and $17,309 related to this liability in the three and nine months ended September 30, 2012, respectively.

X
- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19 -Subparagraph a -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a),20,24) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20, 24 -Article 5 + Details
Name: | us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_PayablesAndAccrualsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration