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ACQUISITIONS (Tables) | 3 Months Ended
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Mar. 31, 2016
Business Combinations [Abstract] |
Schedule of assets acquired and liabilities assumed | The following table summarizes the final amounts recognized for assets acquired and liabilities assumed as of the acquisition date. The total purchase consideration and the fair values of the assets and liabilities at the acquisition date were as follows:
| Purchase Price
Net cash | $ | 587,005 |
Cash acquired | (19,042 | )
Total consideration | $ | 567,963 |
| Fair Value Allocation
Accounts receivable | $ | 1,126 |
Inventories | 271,434 |
Prepaid expenses and other current assets | 913 |
Property, plant and equipment | 356,961 |
Deferred charges and other assets | 8,312 |
Accounts payable | (4,870 | )
Accrued expenses | (28,371 | )
Deferred tax liability | (25,721 | )
Noncontrolling interests | (11,821 | )
Fair value of net assets acquired | $ | 567,963 |
Schedule of Pro Forma Information | The unaudited pro forma financial information includes the depreciation and amortization expense related to the acquisition and interest expense associated with the financing of the Chalmette Acquisition.
(Unaudited) |  | Three Months Ended March 31, 2015
Pro forma revenues |  | $ | 4,052,933 |
Pro forma net income attributable to PBF Energy Inc. |  | $ | 126,926 |
Pro forma net income available to Class A common stock per share: |  |
Basic |  | $ | 1.32 |
Diluted |  | $ | 1.30 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=56956515&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=56956791&loc=d3e4845-128472 + Details
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