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Segment Information | 9 Months Ended
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Sep. 30, 2017
Segment Reporting [Abstract] |
Segment Information | Segment Information The Company’s operations include five reportable business segments that are distinguished primarily on the basis of products and services offered. The Grain business includes grain merchandising, the operation of terminal grain elevator facilities and the investments in LTG and Thompsons Limited. The Ethanol business purchases and sells ethanol and also manages the ethanol production facilities organized as limited liability companies, one is consolidated and three are investments accounted for under the equity method. The Company performs services under various contracts for these investments. Rail operations include the leasing, marketing and fleet management of railcars and other assets, railcar repair and metal fabrication. The Plant Nutrient business manufactures and distributes agricultural inputs, primarily fertilizer, to dealers and farmers, along with turf care and corncob-based products. The Retail business operates large retail stores, a distribution center, and a lawn and garden equipment sales and service facility. The Retail business closed during the second quarter of 2017, and liquidation efforts are substantially complete. Included in “Other” are the corporate level costs not attributed to an operating segment. The segment information below includes the allocation of expenses shared by one or more operating segments. Although management believes such allocations are reasonable, the operating information does not necessarily reflect how such data might appear if the segments were operated as separate businesses. Inter-segment sales are made at prices comparable to normal, unaffiliated customer sales. The Company does not have any customers who represent 10 percent or more of total revenues.
| Three months ended September 30, |  | Nine months ended September 30,
(in thousands) | 2017 |  | 2016 |  | 2017 |  | 2016
Revenues from external customers |  |  |  |  |  |  |
Grain | $ | 497,613 |  |  | $ | 550,189 |  |  | $ | 1,464,588 |  |  | $ | 1,611,992 |
Ethanol | 191,531 |  |  | 139,413 |  |  | 533,515 |  |  | 396,626 |
Plant Nutrient | 103,620 |  |  | 101,770 |  |  | 514,943 |  |  | 588,797 |
Rail | 43,093 |  |  | 38,201 |  |  | 121,632 |  |  | 118,152 |
Retail | 738 |  |  | 30,039 |  |  | 47,595 |  |  | 96,168 |
Total | $ | 836,595 |  |  | $ | 859,612 |  |  | $ | 2,682,273 |  |  | $ | 2,811,735 |
| Three months ended September 30, |  | Nine months ended September 30,
(in thousands) | 2017 |  | 2016 |  | 2017 |  | 2016
Inter-segment sales |  |  |  |  |  |  |
Grain | $ | 72 |  |  | $ | 7 |  |  | $ | 279 |  |  | $ | 1,632 |
Plant Nutrient | — |  |  | 61 |  |  | 241 |  |  | 422 |
Rail | 327 |  |  | 328 |  |  | 893 |  |  | 1,062 |
Total | $ | 399 |  |  | $ | 396 |  |  | $ | 1,413 |  |  | $ | 3,116 |
| Three months ended September 30, |  | Nine months ended September 30,
(in thousands) | 2017 |  | 2016 |  | 2017 |  | 2016
Income (loss) before income taxes |  |  |  |  |  |  |
Grain | $ | 2,641 |  |  | $ | 1,879 |  |  | $ | 4,497 |  |  | $ | (28,563 | )
Ethanol | 6,098 |  |  | 9,541 |  |  | 12,474 |  |  | 13,048 |
Plant Nutrient | (7,920 | ) |  | (7,231 | ) |  | (27,074 | ) |  | 18,008 |
Rail | 6,127 |  |  | 6,754 |  |  | 18,065 |  |  | 22,698 |
Retail | 4,424 |  |  | (1,578 | ) |  | (9,140 | ) |  | (2,644 | )
Other | (6,448 | ) |  | (6,539 | ) |  | (18,525 | ) |  | (19,612 | )
Noncontrolling interests | 83 |  |  | 1,619 |  |  | 73 |  |  | 1,711 |
Total | $ | 5,005 |  |  | $ | 4,445 |  |  | $ | (19,630 | ) |  | $ | 4,646 |
(in thousands) | September 30, 2017 |  | December 31, 2016 |  | September 30, 2016
Identifiable assets |  |  |  |  |
Grain | $ | 799,655 |  |  | $ | 961,114 |  |  | $ | 721,412 |
Ethanol | 173,545 |  |  | 171,115 |  |  | 174,822 |
Plant Nutrient | 389,396 |  |  | 484,455 |  |  | 462,328 |
Rail | 446,884 |  |  | 398,446 |  |  | 383,631 |
Retail | 9,138 |  |  | 31,257 |  |  | 42,880 |
Other | 145,542 |  |  | 186,462 |  |  | 199,338 |
Total | $ | 1,964,160 |  |  | $ | 2,232,849 |  |  | $ | 1,984,411 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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