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NET INCOME PER SHARE OF PBF ENERGY (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2018 | Sep. 30, 2018 | Jun. 30, 2018 | Mar. 31, 2018 | Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Mar. 31, 2017 | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic |  |  |  |  |  |  |  |  |  | $ 748 | $ 1,043 | $ 0
Effective tax rate |  |  |  |  |  |  |  |  |  | 26.00% | 39.60% | 39.10%
Net Income (Loss) Available to Common Stockholders, Basic |  |  |  |  |  |  |  |  |  | $ 127,567 | $ 414,474 | $ 170,811
Basic Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |  |
Numerator for basic net income per Class A common share-net income attributable to PBF Energy |  | $ (353,742) | $ 179,538 | $ 272,153 | $ 30,366 | $ 241,892 | $ 314,365 | $ (109,663) | $ (31,077) | $ 128,315 | $ 415,517 | $ 170,811
Denominator for basic net income per Class A common share-weighted average shares (in shares) | [1] |  |  |  |  |  |  |  |  | 115,190,262 | 109,779,407 | 98,334,302
Basic net income attributable to PBF Energy per Class A common share (in usd per share) |  |  |  |  |  |  |  |  |  | $ 1.11 | $ 3.78 | $ 1.74
Diluted Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to PBF Energy |  | $ (353,742) | $ 179,538 | $ 272,153 | $ 30,366 | $ 241,892 | $ 314,365 | $ (109,663) | $ (31,077) | $ 128,315 | $ 415,517 | $ 170,811
Plus: Net income attributable to noncontrolling interest | [1] |  |  |  |  |  |  |  |  | 4,668 | 16,746 | 14,903
Less: Income tax on net income per Class A common share | [1] |  |  |  |  |  |  |  |  | (1,214) | (6,633) | (5,821)
Numerator for diluted net income per Class A common share | [1] |  |  |  |  |  |  |  |  | $ 131,021 | $ 424,587 | $ 179,893
Denominator for basic net income per Class A common share-weighted average shares (in shares) | [1] |  |  |  |  |  |  |  |  | 115,190,262 | 109,779,407 | 98,334,302
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |
Conversion of PBF LLC Series A Units | [1] |  |  |  |  |  |  |  |  | 1,938,089 | 3,823,783 | 4,865,133
Incremental Common Shares Attributable to Dilutive Effect of Call Options and Warrants | [1],[2] |  |  |  |  |  |  |  |  | 1,645,255 | 295,655 | 407,274
Denominator for diluted net income per common share-adjusted weighted average shares (in shares) |  |  |  |  |  |  |  |  |  | 118,773,606 | 113,898,845 | 103,606,709
Diluted net income attributable to PBF Energy per Class A common share (in usd per share) |  |  | $ 1.50 | $ 2.37 | $ 0.27 | $ 2.14 | $ 2.85 | $ (1.01) | $ (0.29) | $ 1.10 | $ 3.73 | $ 1.74
Employee Stock Option [Member] |  |  |  |  |  |  |  |  |  |  |  |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Antidilutive common stock excluded from computation of dilutive earnings per share (in shares) |  |  |  |  |  |  |  |  |  | 1,293,242 | 6,820,275 | 5,701,750
[1] | The net income attributable to PBF Energy, used in the numerator of the diluted earnings per share calculation is adjusted to reflect the net income, as well as the corresponding income tax (based on a 26.0%, 39.6% and 39.1% annualized statutory corporate tax rate for the years ended December 31, 2018, 2017 and 2016) attributable to the converted units.
[2] | . Common stock equivalents exclude the effects of options and warrants to purchase 1,293,242, 6,820,275 and 5,701,750 shares of PBF Energy Class A common stock and PBF LLC Series A Units because they are anti-dilutive for the years ended December 31, 2018, 2017 and 2016, respectively.

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