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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Net (loss) income $ (23,336) $ 103,119
Adjustments to reconcile net (loss) income to net cash provided by (used in) operations:    
Depreciation and amortization 58,595 49,892
Stock-based compensation 3,350 2,955
Change in fair value of catalyst lease obligations 2,885 (2,039)
Deferred income taxes 52,954 23,168
Non-cash change in inventory repurchase obligations 35,147 66,509
Pension and other post retirement benefit costs 7,680 6,448
Gain on disposition of property, plant and equipment 0 (359)
Change in non-cash lower of cost or market adjustment (59,063) (21,208)
Changes in current assets and current liabilities:    
Accounts receivable (86,765) 110,084
Inventories 4,035 (1,007)
Prepaid expenses and other current assets (79,192) 19,940
Accounts payable 72,577 (22,113)
Accrued expenses (9,375) (195,613)
Deferred revenue (889) 4,859
Payable to related parties pursuant to tax receivable agreement 0 (10,168)
Other assets and liabilities 800 (1,962)
Net cash (used in) provided by operations (20,597) 132,505
Cash flow from investing activities:    
Expenditures for property, plant and equipment (43,170) (102,395)
Expenditures for deferred turnaround costs (82,747) (18,376)
Expenditures for other assets (17,163) (4,958)
Chalmette Acquisition working capital settlement (2,659) 0
Purchase of marketable securities (690,000) (689,693)
Maturities of marketable securities 689,860 689,697
Proceeds from sale of assets 0 77,618
Net cash used in investing activities (145,879) (48,107)
Cash flows from financing activities:    
Distributions to PBF Energy Company LLC members (1,487) (1,610)
Distributions to PBFX unit holders (6,694) (5,309)
Dividend payments (29,342) (25,733)
Purchases of treasury stock 0 (407)
Deferred financing costs and other 0 (383)
Net cash used in financing activities (37,523) (32,791)
Net (decrease) increase in cash and cash equivalents (203,999) 51,607
Cash and equivalents, beginning of period 944,320 397,873
Cash and cash equivalents, end of period 740,321 449,480
Non-cash activities:    
Accrued construction in progress and unpaid fixed assets 7,619 26,708
Rail Facility [Member]    
Cash flows from financing activities:    
Proceeds from revolver borrowings 0 23,425
Repayments of revolver borrowings $ 0 $ (22,774)