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Related Parties | 9 Months Ended
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Sep. 30, 2020
Related Party Transactions [Abstract] |
Related Parties | Related PartiesIn the ordinary course of business and on an arms-length basis, the Company will mainly enter into related party transactions with the minority shareholders of the Company's ethanol operations and several equity method investments that the Company holds, along with other related parties. The following table sets forth the related party transactions entered into for the time periods presented:
| Three months ended September 30, |  | Nine months ended September 30,
(in thousands) | 2020 |  | 2019 |  | 2020 |  | 2019
Sales revenues | $ | 44,789 |  |  | $ | 52,875 |  |  | $ | 129,143 |  |  | $ | 171,897 |
Service fee revenues (a) | — |  |  | 2,852 |  |  | — |  |  | 11,015 |
Purchases of product and capital assets | 16,641 |  |  | 174,420 |  |  | 38,637 |  |  | 520,091 |
Lease income (b) | 142 |  |  | 1,887 |  |  | 440 |  |  | 5,195 |
Labor and benefits reimbursement (c) | — |  |  | 3,513 |  |  | — |  |  | 10,973 |
(a)Prior period service fee revenues include management fees, corn origination fees, ethanol and distillers dried grains ("DDG") marketing fees, and other commissions. In the current period these revenues are now eliminated in consolidation as a result of the TAMH merger. (b)Prior period lease income includes certain railcars leased to related parties and the lease of the Company’s Albion, Michigan and Clymers, Indiana grain facilities. This income is now eliminated in consolidation as a result of the TAMH merger. (c)Prior period labor and benefits reimbursement includes all operations labor to the unconsolidated ethanol LLCs. This reimbursement is now eliminated in consolidation as a result of the TAMH merger.
(in thousands) | September 30, 2020 |  | December 31, 2019 |  | September 30, 2019
Accounts receivable (d) | $ | 7,184 |  |  | $ | 10,603 |  |  | $ | 23,394 |
Accounts payable (e) | 3,058 |  |  | 12,303 |  |  | 21,201 |
(d)Accounts receivable represents amounts due from related parties for the sale of ethanol and other various items. (e)Accounts payable represents amounts due to related parties for purchases of ethanol equipment and other various items.

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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