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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
NET SALES:    
Third-party customers $ 135,264 $ 188,514
Related parties 285,583 132,760
Sales Revenue – net 420,847 321,274
Cost of goods sold 422,605 303,692
Gross profit (loss) (1,758) 17,582
Other operating expense – net 2,414 1,096
Selling, general and administrative expenses 10,062 16,299
Operating income (loss) (14,234) 187
Interest expense – third party (5,477) (6,076)
Interest income – third party 140 131
Net gain (loss) on forward and derivative contracts (879) 15,507
Other income (expense) – net (253) 70
Income (loss) before income taxes and equity in earnings (losses) of joint ventures (20,703) 9,819
Income tax benefit (expense) 1,094 (2,517)
Income (loss) before equity in earnings (losses) of joint ventures (19,609) 7,302
Equity in earnings (losses) of joint ventures (495) 951
Net income (loss) (20,104) 8,253
Net income (loss) allocated to common shareholders $ (20,104) $ 7,567
EARNINGS (LOSS) PER COMMON SHARE:    
Basic and Diluted $ (0.23) $ 0.09
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
Basic 88,717 88,555
Diluted 88,717 89,020