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Segment Information | 12 Months Ended
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Dec. 31, 2018
Segment Reporting [Abstract] |
Segment Information | Segment Information The Company’s operations include four 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. In 2018, the Ethanol business announced its investment in ELEMENT which is in the process of constructing a bio-refinery and anticipates the bio-refinery to be in production in 2019. There are various service contracts for these investments. The Plant Nutrient business manufactures and distributes agricultural inputs, primary nutrients and specialty fertilizers, to dealers and farmers, along with turf care and corncob-based products. Rail operations include the leasing, marketing and fleet management of railcars and other assets, railcar repair and metal fabrication. The Retail business operated large retail stores, a distribution center, and a lawn and garden equipment sales and service facility. In January 2017, the Company announced its decision to close all retail operations. As of December 31, 2018, the Retail Group has closed all stores, completed its liquidation efforts, and sold its properties. Included in “Other” are the corporate level costs not attributed to an operating segment and the 2016 and 2017 Retail business. 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.
| Year ended December 31,
(in thousands) | 2018 |  | 2017 |  | 2016
Revenues from external customers |  |  |  |  |
Grain | $ | 1,436,979 |  |  | $ | 2,106,464 |  |  | $ | 2,357,171 |
Ethanol | 743,690 |  |  | 708,063 |  |  | 544,556 |
Plant Nutrient | 690,536 |  |  | 651,824 |  |  | 725,176 |
Rail | 174,177 |  |  | 172,123 |  |  | 163,658 |
Other | — |  |  | 47,871 |  |  | 134,229 |
Total | $ | 3,045,382 |  |  | $ | 3,686,345 |  |  | $ | 3,924,790 |
| Year ended December 31,
(in thousands) | 2018 |  | 2017 |  | 2016
Inter-segment sales |  |  |  |  |
Grain | $ | 2,746 |  |  | $ | 761 |  |  | $ | 1,638 |
Plant Nutrient | — |  |  | 241 |  |  | 470 |
Rail | 1,205 |  |  | 1,213 |  |  | 1,399 |
Total | $ | 3,951 |  |  | $ | 2,215 |  |  | $ | 3,507 |
| Year ended December 31,
(in thousands) | 2018 |  | 2017 |  | 2016
Interest expense (income) |  |  |  |  |
Grain | $ | 11,843 |  |  | $ | 8,320 |  |  | $ | 7,955 |
Ethanol | (1,888 | ) |  | (67 | ) |  | 35 |
Plant Nutrient | 6,499 |  |  | 6,420 |  |  | 6,448 |
Rail | 11,377 |  |  | 7,023 |  |  | 6,461 |
Other | 17 |  |  | (129 | ) |  | 220 |
Total | $ | 27,848 |  |  | $ | 21,567 |  |  | $ | 21,119 |
| Year ended December 31,
(in thousands) | 2018 |  | 2017 |  | 2016
Equity in earnings of affiliates |  |  |  |  |
Grain | $ | 12,932 |  |  | $ | 4,509 |  |  | $ | (8,746 | )
Ethanol | 14,209 |  |  | 12,214 |  |  | 18,467 |
Total | $ | 27,141 |  |  | $ | 16,723 |  |  | $ | 9,721 |
| Year ended December 31,
(in thousands) | 2018 |  | 2017 |  | 2016
Other income, net |  |  |  |  |
Grain | $ | 2,959 |  |  | $ | 3,658 |  |  | $ | 5,472 |
Ethanol | 650 |  |  | 54 |  |  | 77 |
Plant Nutrient | 2,495 |  |  | 5,092 |  |  | 3,716 |
Rail | 3,516 |  |  | 2,632 |  |  | 2,218 |
Other | 6,382 |  |  | 11,071 |  |  | 990 |
Total | $ | 16,002 |  |  | $ | 22,507 |  |  | $ | 12,473 |
| Year ended December 31,
(in thousands) | 2018 |  | 2017 |  | 2016
Income (loss) before income taxes |  |  |  |  |
Grain | $ | 26,676 |  |  | $ | 12,844 |  |  | $ | (15,651 | )
Ethanol | 22,115 |  |  | 18,878 |  |  | 24,723 |
Plant Nutrient | 12,030 |  |  | (45,121 | ) |  | 14,176 |
Rail | 17,379 |  |  | 24,798 |  |  | 32,428 |
Other | (24,785 | ) |  | (32,022 | ) |  | (37,171 | )
Non-controlling interests | (259 | ) |  | 98 |  |  | 2,876 |
Total | $ | 53,156 |  |  | $ | (20,525 | ) |  | $ | 21,381 |
| Year ended December 31,
(in thousands) | 2018 |  | 2017
Identifiable assets |  |  |
Grain | $ | 978,974 |  |  | $ | 948,871 |
Ethanol | 295,971 |  |  | 180,173 |
Plant Nutrient | 403,780 |  |  | 379,309 |
Rail | 590,407 |  |  | 490,448 |
Other | 122,871 |  |  | 163,553 |
Total | $ | 2,392,003 |  |  | $ | 2,162,354 |
| Year ended December 31,
(in thousands) | 2018 |  | 2017 |  | 2016
Capital expenditures |  |  |  |  |
Grain | $ | 17,203 |  |  | $ | 10,899 |  |  | $ | 21,428 |
Ethanol | 101,320 |  |  | 3,690 |  |  | 2,301 |
Plant Nutrient | 15,723 |  |  | 10,735 |  |  | 15,153 |
Rail | 5,295 |  |  | 3,478 |  |  | 4,345 |
Other | 3,038 |  |  | 5,800 |  |  | 34,513 |
Total | $ | 142,579 |  |  | $ | 34,602 |  |  | $ | 77,740 |
| Year ended December 31,
(in thousands) | 2018 |  | 2017 |  | 2016
Acquisition of businesses, net of cash acquired, and other investments |  |  |  |  |
Grain | $ | 2,248 |  |  | $ | 5,436 |  |  | $ | — |
Other | 1,086 |  |  | 3,750 |  |  | 2,500 |
Total | $ | 3,334 |  |  | $ | 9,186 |  |  | $ | 2,500 |
| Year ended December 31,
(in thousands) | 2018 |  | 2017 |  | 2016
Depreciation and amortization |  |  |  |  |
Grain | $ | 16,062 |  |  | $ | 18,757 |  |  | $ | 18,232 |
Ethanol | 6,136 |  |  | 5,970 |  |  | 5,925 |
Plant Nutrient | 26,871 |  |  | 26,628 |  |  | 28,663 |
Rail | 29,164 |  |  | 23,081 |  |  | 20,082 |
Other | 12,064 |  |  | 11,976 |  |  | 11,423 |
Total | $ | 90,297 |  |  | $ | 86,412 |  |  | $ | 84,325 |
Grain sales for export to foreign markets amounted to $202.7 million, $166.2 million and $78.3 million in 2018, 2017 and 2016, respectively - the majority of which were sales to Canadian customers. Revenues from leased railcars in Canada totaled $10.7 million, $13.3 million and $13.2 million in 2018, 2017 and 2016, respectively. The net book value of the leased railcars in Canada as of December 31, 2018 and 2017 was $23.2 million and $21.2 million, respectively.

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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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