v2.4.0.8
Debt (Tables)
6 Months Ended
Jun. 30, 2014
Debt Instrument [Line Items]  
Schedule Of The Components Of Long-Term Debt

 

 

 

 

 

 

 

June 30,

 

December 31,

 

2014

 

2013

Green Plains Bluffton:

 

 

 

 

 

$70.0 million term loan

$

 -

 

$

26,621 

$20.0 million revolving term loan

 

 -

 

 

15,000 

$22.0 million revenue bond

 

14,865 

 

 

15,780 

Green Plains Central City:

 

 

 

 

 

$55.0 million term loan

 

 -

 

 

33,100 

$30.5 million revolving term loan

 

 -

 

 

17,739 

Equipment financing loan

 

 -

 

 

36 

Green Plains Fairmont and Green Plains Wood River:

 

 

 

 

 

$50.0 million term loan

 

45,000 

 

 

50,000 

$27.0 million term loan

 

 -

 

 

26,756 

Tax increment financing bond

 

3,897 

 

 

3,626 

Capital leases on grain facilities

 

9,994 

 

 

9,994 

Capital leases on equipment and other

 

4,399 

 

 

5,489 

Green Plains Holdings II:

 

 

 

 

 

$46.8 million term loans

 

33,010 

 

 

15,914 

$20.0 million revolving term loan

 

9,954 

 

 

31,960 

Green Plains Obion:

 

 

 

 

 

$60.0 million term loan

 

 -

 

 

3,879 

$37.4 million revolving term loan

 

25,425 

 

 

28,400 

Equipment financing loan

 

40 

 

 

126 

Economic development grant

 

1,200 

 

 

1,245 

Green Plains Ord:

 

 

 

 

 

$25.0 million term loan

 

 -

 

 

15,143 

$13.0 million revolving term loan

 

 -

 

 

2,151 

Green Plains Otter Tail:

 

 

 

 

 

$30.3 million term loan

 

 -

 

 

17,960 

$19.2 million note payable

 

 -

 

 

19,151 

Equipment financing loan

 

12 

 

 

 -

Green Plains Processing:

 

 

 

 

 

$225.0 million term loan

 

225,000 

 

 

 -

Green Plains Shenandoah:

 

 

 

 

 

$17.0 million revolving term loan

 

 -

 

 

9,000 

Green Plains Superior:

 

 

 

 

 

$40.0 million term loan

 

7,000 

 

 

9,750 

$10.0 million revolving term loan

 

10,000 

 

 

8,000 

Equipment financing loan

 

 -

 

 

18 

Corporate:

 

 

 

 

 

$90.0 million convertible notes

 

 -

 

 

90,000 

$120.0 million convertible notes

 

98,707 

 

 

96,653 

Capital lease

 

76 

 

 

188 

Other

 

11,560 

 

 

10,000 

Total long-term debt

 

500,139 

 

 

563,679 

Less: current portion of long-term debt

 

(38,226)

 

 

(82,933)

Long-term debt

$

461,913 

 

$

480,746 

 

Schedule Of Allowable Dividends [Table text Block]

 

 

 

•  

Green Plains Fairmont and

Up to amounts equal to permitted tax distributions, as defined in the

 

Green Plains Wood River

loan agreement

•  

Green Plains Holdings II

Up to 40% of net profit before tax, and unlimited if working capital is greater

 

 

than or equal to $20.0 million

•  

Green Plains Obion

Up to 40% of net profit before tax, and unlimited if working capital is greater

 

 

than or equal to $15.0 million

•  

Green Plains Processing

Unlimited amount may be distributed after free cash flow payment is made, as

 

 

defined in the loan agreement

•  

Green Plains Superior

Up to 40% of net profit before tax, and unlimited after free cash flow payment

 

 

is made

 

Term Loan [Member]
 
Debt Instrument [Line Items]  
Schedule Of Principal Payments Of Long-Term Debt

 

 

 

•  

Green Plains Fairmont and Green Plains

$2.5 million per quarter, decreasing

 

Wood River $50.0 million term loan

to $1.3 million per quarter in 2015

•  

Green Plains Holdings II

$1.8 million per quarter

•  

Green Plains Processing

$0.6 million per quarter

•  

Green Plains Superior

$1.4 million per quarter

 

Schedule Of Maturities Of Long-Term Debt

 

 

 

•  

Green Plains Fairmont and Green Plains

 

 

Wood River $50.0 million term loan

November 27, 2015

•  

Green Plains Holdings II

July 1, 2019

•  

Green Plains Processing

June 30, 2020

•  

Green Plains Superior

July 20, 2015

 

Revolving Term Loans [Member]
 
Debt Instrument [Line Items]  
Schedule Of Maturities Of Long-Term Debt

 

 

 

•  

Green Plains Holdings II

July 1, 2019

•  

Green Plains Obion

May 20, 2020

•  

Green Plains Superior

July 1, 2017