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ACQUISITIONS (Tables)
 3 Months Ended
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