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ACQUISITIONS (Tables) | 12 Months Ended
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Dec. 31, 2018
East Coast Storage Assets Acquisition [Member] |
Business Acquisition [Line Items] |
Business Combination, Consideration Transferred, Working Capital Adjustments [Table Text Block] | The total purchase consideration and the estimated fair values of the assets and liabilities at the acquisition date were as follows:
| Purchase Price
Gross purchase price* | $ | 105,900 |
Estimated working capital adjustments | (11 | )
Contingent consideration** | 21,100 |
Total consideration | $ | 126,989 |
* Includes $30,900 net present value payable of $32,000 due to Crown Point one year after closing. ** Contingent consideration is included in “Other long-term liabilities” within the Consolidated Balance Sheets.
Business Acquisition, Pro Forma Information [Table Text Block] |
| Year Ended December 31, 2018 |  | Year Ended December 31, 2017
(Unaudited)
PBF Energy |  |  |
Pro forma revenues | $ | 27,203,516 |  |  | $ | 21,800,716 |
Pro forma net income attributable to PBF Energy Inc. stockholders | 124,615 |  |  | 400,762 |
Pro forma net income available to Class A common stock per share: |  |  |
Basic | $ | 1.08 |  |  | $ | 3.64 |
Diluted | $ | 1.07 |  |  | $ | 3.60 |
PBF LLC |  |  |
Pro forma revenues | $ | 27,203,516 |  |  | $ | 21,800,716 |
Pro forma net income attributable to PBF LLC | 130,235 |  |  | 451,626 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The following table summarizes the estimated amounts recognized for assets acquired and liabilities assumed as of the acquisition date:
| Fair Value Allocation
Accounts receivable | $ | 436 |
Prepaid and other current assets | 1,770 |
Property, plant and equipment | 114,406 |
Intangible assets* | 13,300 |
Accounts payable and Accrued expenses | (2,173 | )
Other long-term liabilities | (750 | )
Estimated fair value of net assets acquired | $ | 126,989 |
* Intangible assets are included in “Deferred charges and other assets” within the Consolidated Balance Sheets.
Torrance Refinery [Member] |
Business Acquisition [Line Items] |
Business Combination, Consideration Transferred, Working Capital Adjustments [Table Text Block] | The total purchase consideration and the fair values of the assets and liabilities at the acquisition date were as follows:
| Purchase Price
Gross purchase price | $ | 537,500 |
Working capital | 450,582 |
Post close purchase price adjustments | (16,150 | )
Total consideration | $ | 971,932 |
Business Acquisition, Pro Forma Information [Table Text Block] |
| Year ended December 31,
(Unaudited) | 2016
PBF Energy |
Pro forma revenues | $ | 16,999,435 |
Pro forma net income (loss) attributable to PBF Energy Inc. stockholders | 50,779 |
Pro forma net income (loss) available to PBF Energy Class A common stock per share: |
Basic | $ | 0.52 |
Diluted | $ | 0.51 |
PBF LLC |
Pro forma revenues | $ | 16,999,435 |
Pro forma net income attributable to PBF LLC | 160,856 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The following table summarizes the amounts recognized for assets acquired and liabilities assumed as of the acquisition date:
| Fair Value Allocation
Inventories | $ | 404,542 |
Prepaid and other current assets | 982 |
Property, plant and equipment | 704,633 |
Deferred charges and other assets, net | 68,053 |
Accounts payable | (2,688 | )
Accrued expenses | (64,137 | )
Other long-term liabilities | (139,453 | )
Fair value of net assets acquired | $ | 971,932 |
Plains Asset Purchase [Member] |
Business Acquisition [Line Items] |
Business Combination, Consideration Transferred, Working Capital Adjustments [Table Text Block] | The total purchase consideration and the fair values of the assets and liabilities at the acquisition date were as follows:
| Purchase Price
Gross purchase price | $ | 100,000 |
Working capital adjustments | (1,627 | )
Total consideration | $ | 98,373 |
Business Acquisition, Pro Forma Information [Table Text Block] |
| Year ended December 31,
(Unaudited) | 2016
PBF Energy |
Pro forma revenues | $ | 15,927,218 |
Pro forma net income attributable to PBF Energy Inc. stockholders | 174,393 |
Pro forma net income available to PBF Energy Class A common stock per share: |
Basic | $ | 1.77 |
Diluted | $ | 1.77 |
PBF LLC |
Pro forma revenues | $ | 15,927,218 |
Pro forma net income attributable to PBF LLC | 284,470 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The following table summarizes the amounts recognized for assets acquired and liabilities assumed as of the acquisition date:
| Fair Value Allocation
Prepaid and other current assets | $ | 4,221 |
Property, plant and equipment | 99,342 |
Accounts payable and Accrued expenses | (3,174 | )
Other long-term liabilities | (2,016 | )
Fair value of net assets acquired | $ | 98,373 |

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