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Debt | 9 Months Ended
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Sep. 30, 2017
Debt Disclosure [Abstract] |
Debt | Debt On April 13, 2017, the Company amended its line of credit agreement with a syndicate of banks. The amended agreement provides for a credit facility in the amount of $800 million. Total borrowing capacity for the Company under all lines of credit is currently at $820.0 million, including $20.0 million of debt of The Andersons Denison Ethanol LLC ("TADE"), which is non-recourse to the Company. At September 30, 2017, the Company had a total of $718.5 million available for borrowing under its lines of credit. The Company's borrowing capacity is reduced by a combination of outstanding borrowings and letters of credit. The Company was in compliance with all financial covenants as of September 30, 2017. The Company’s short-term and long-term debt at September 30, 2017, December 31, 2016 and September 30, 2016 consisted of the following:
(in thousands) | September 30, 2017 |  | December 31, 2016 |  | September 30, 2016
Short-term Debt – Non-Recourse | $ | — |  |  | $ | — |  |  | $ | — |
Short-term Debt – Recourse | 19,000 |  |  | 29,000 |  |  | — |
Total Short-term Debt | $ | 19,000 |  |  | $ | 29,000 |  |  | $ | — |
Current Maturities of Long-term Debt – Non-Recourse | $ | — |  |  | $ | — |  |  | $ | — |
Current Maturities of Long-term Debt – Recourse | 53,972 |  |  | 47,545 |  |  | 51,520 |
Total Current Maturities of Long-term Debt | $ | 53,972 |  |  | $ | 47,545 |  |  | $ | 51,520 |
Long-term Debt, Less: Current Maturities – Non-Recourse | $ | — |  |  | $ | — |  |  | $ | — |
Long-term Debt, Less: Current Maturities – Recourse | 371,315 |  |  | 397,065 |  |  | 395,559 |
Total Long-term Debt, Less: Current Maturities | $ | 371,315 |  |  | $ | 397,065 |  |  | $ | 395,559 |

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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