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Related Party Transactions (Tables)
 12 Months Ended
Dec. 31, 2018
Related Party Transactions [Abstract]  
Schedule of Aggregate Summarized Financial Information of Subsidiaries The following table presents aggregate summarized financial information of LTG, TAAE, TACE, TAME, Thompsons Limited, and other various investments as they qualified as significant equity method investees in the aggregate. No individual equity investments qualified as significant for the years ended December 31, 2018, 2017 and 2016.
 
December 31,
(in thousands)
2018
 
2017
 
2016
Sales
$
6,111,036

 
$
6,080,795

 
$
6,579,413

Gross profit
257,594

 
217,629

 
188,350

Income from continuing operations
71,608

 
50,937

 
12,288

Net income
68,876

 
42,970

 
6,445

 
 
 
 
 
 
Current assets
1,111,826

 
1,045,124

 
898,081

Non-current assets
526,169

 
538,671

 
565,416

Current liabilities
792,184

 
802,161

 
665,387

Non-current liabilities
281,103

 
309,649

 
359,816

Noncontrolling interests
—

 
—

 
3,628
Schedule of Company's Investment Balance in Each Equity Method Investee The following table presents the Company’s investment balance in each of its equity method investees by entity:
 
December 31,
(in thousands)
2018
 
2017
The Andersons Albion Ethanol LLC
$
50,382

 
$
45,024

The Andersons Clymers Ethanol LLC
24,242

 
19,830

The Andersons Marathon Ethanol LLC
14,841

 
12,660

Lansing Trade Group, LLC
101,715

 
93,088

Thompsons Limited (a)
48,987

 
50,198

Other
2,159

 
2,439

Total
$
242,326

 
$
223,239


(a)
Thompsons Limited and related U.S. operating company held by joint ventures
Schedule of Income (Loss) Earned From the Company's Equity Method Investments The following table summarizes income (losses) earned from the Company’s equity method investments by entity:
 
% ownership at
December 31, 2018
 
December 31,
(in thousands)
 
2018
 
2017
 
2016
The Andersons Albion Ethanol LLC
55%
 
$
5,531

 
$
6,052

 
$
6,167

The Andersons Clymers Ethanol LLC
39%
 
4,846

 
4,591

 
6,486

The Andersons Marathon Ethanol LLC
33%
 
3,832

 
1,571

 
5,814

Lansing Trade Group, LLC
33% (a)
 
10,413

 
4,038

 
(9,935
)
Thompsons Limited (b)
50%
 
2,568

 
696

 
1,189

Other
5% - 50%
 
(49
)
 
(225
)
 
—

Total
 
 
$
27,141

 
$
16,723

 
$
9,721


(a)
 This does not consider restricted management units which, once vested, will reduce the ownership percentage by approximately 0.3%.
(b)
Thompsons Limited and related U.S. operating company held by joint ventures
Schedule of Related Party Transactions The following table sets forth the related party transactions entered into for the time periods presented: 
 
December 31,
(in thousands)
2018
 
2017
 
2016
Sales revenues
$
358,856

 
$
893,950

 
$
749,746

Service fee revenues (a)
20,843

 
24,357

 
17,957

Purchases of product
741,736

 
615,739

 
463,832

Lease income (b)
6,523

 
6,175

 
5,966

Labor and benefits reimbursement (c)
13,487

 
13,894

 
12,809

Other expenses
—

 
—

 
149

(a)
Service fee revenues include management fee, corn origination fee, ethanol and DDG marketing fees, and other commissions.
(b)
Lease income includes the lease of the Company’s Albion, Michigan and Clymers, Indiana grain facilities as well as certain railcars to the unconsolidated ethanol LLCs and IANR.
(c)
The Company provides all operational labor to the unconsolidated ethanol LLCs and charges them an amount equal to the Company’s costs of the related services.
 
December 31,
(in thousands)
2018
 
2017
Accounts receivable (d)
$
17,829

 
$
30,252

Accounts payable (e)
28,432

 
27,866


(d)
Accounts receivable represents amounts due from related parties for sales of corn, leasing revenue and service fees.
(e)
Accounts payable represents amounts due to related parties for purchases of ethanol and other various items.