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17. PARENT COMPANY FINANCIALS (Tables) | 12 Months Ended
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Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Balance Sheets - Parent Company Only |
|  | December 31, |
|  | 2015 |  |  | 2014 |
Cash and cash equivalents |  | $ | 20,618 |  |  | $ | 23,915 |
Receivables from consolidated subsidiaries |  |  | 14,505 |  |  |  | 8,547 |
Other current assets |  |  | 11,361 |  |  |  | 8,647 |
Total current assets |  |  | 46,484 |  |  |  | 41,109 |
Property and equipment, net |  |  | 1,695 |  |  |  | 2,572 |
Investments in consolidated subsidiaries |  |  | 301,416 |  |  |  | 154,134 |
Pacific Ethanol West plant term debt |  |  | 41,763 |  |  |  | 41,763 |
Other assets |  |  | 838 |  |  |  | 1,933 |
Total other assets |  |  | 344,017 |  |  |  | 197,830 |
Total Assets |  | $ | 392,196 |  |  | $ | 241,511 |
Accounts payable and accrued liabilities |  | $ | 1,963 |  |  | $ | 2,347 |
Payables to consolidated subsidiaries |  |  | 13,230 |  |  |  | 3,526 |
Accrued PE Op Co. purchase |  |  | 3,828 |  |  |  | – |
Total current liabilities |  |  | 19,021 |  |  |  | 5,873 |
Warrant liabilities at fair value |  |  | 273 |  |  |  | 1,986 |
Deferred tax liabilities |  |  | 1,174 |  |  |  | 15,434 |
Other liabilities |  |  | 184 |  |  |  | 236 |
Total Liabilities |  |  | 20,652 |  |  |  | 23,529 |
Preferred stock |  |  | 1 |  |  |  | 1 |
Non-voting common stock |  |  | 4 |  |  |  | – |
Common stock |  |  | 39 |  |  |  | 25 |
Additional paid-in capital |  |  | 902,843 |  |  |  | 725,813 |
Accumulated other comprehensive income |  |  | 1,040 |  |  |  | – |
Accumulated deficit |  |  | (532,383 | ) |  |  | (512,332 | )
Total Pacific Ethanol, Inc. stockholders' equity |  |  | 371,544 |  |  |  | 213,507 |
Noncontrolling interests |  |  | – |  |  |  | 4,475 |
Total stockholders' equity |  |  | 371,544 |  |  |  | 217,982 |
Total Liabilities and Stockholders' Equity |  | $ | 392,196 |  |  | $ | 241,511 |
Statements Of Operations Parent Company Only |
|  | Years Ended December 31, |
|  | 2015 |  |  | 2014 |  |  | 2013 |
Management fees from subsidiaries |  | $ | 9,857 |  |  | $ | 12,731 |  |  | $ | 9,837 |
Selling, general and administrative expenses |  |  | (14,336 | ) |  |  | (12,779 | ) |  |  | (10,188 | )
Asset impairments |  |  | (1,970 | ) |  |  | – |  |  |  | – |
Loss from operations |  |  | (6,449 | ) |  |  | (48 | ) |  |  | (351 | )
Fair value adjustments and warrant inducements |  |  | 1,641 |  |  |  | (37,532 | ) |  |  | (1,013 | )
Interest income |  |  | 5,739 |  |  |  | 4,753 |  |  |  | 5,088 |
Interest expense |  |  | (27 | ) |  |  | (1,813 | ) |  |  | (3,912 | )
Loss on extinguishments of debt |  |  | – |  |  |  | (2,363 | ) |  |  | (9,481 | )
Income (loss) before provision for income taxes |  |  | 904 |  |  |  | (37,003 | ) |  |  | (9,669 | )
Provision for income taxes |  |  | – |  |  |  | – |  |  |  | – |
Income before equity earnings of subsidiaries |  |  | 904 |  |  |  | (37,003 | ) |  |  | (9,669 | )
Equity earnings of consolidated subsidiaries |  |  | (19,690 | ) |  |  | 58,292 |  |  |  | 8,888 |
Consolidated net income (loss) |  | $ | (18,786 | ) |  | $ | 21,289 |  |  | $ | (781 | )
Statements Of Cash Flows Parent Company Only |
|  | Years Ended December 31, |
|  | 2015 |  |  | 2014 |  |  | 2013 |
Operating Activities: |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) |  | $ | (18,786 | ) |  | $ | 21,289 |  |  | $ | (781 | )
Adjustments to reconcile net income (loss) to cash used in operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Equity Earnings |  |  | 19,690 |  |  |  | (58,292 | ) |  |  | (8,888 | )
Depreciation and amortization |  |  | 390 |  |  |  | 126 |  |  |  | 104 |
Fair value adjustments |  |  | (1,641 | ) |  |  | 35,260 |  |  |  | (648 | )
Loss on extinguishments of debt |  |  | – |  |  |  | 2,363 |  |  |  | 9,481 |
Asset impairments |  |  | 1,970 |  |  |  | – |  |  |  | – |
Deferred income taxes |  |  | (14,260 | ) |  |  | 5,128 |  |  |  | – |
Amortization of debt discount |  |  | – |  |  |  | 1,674 |  |  |  | (179 | )
Changes in operating assets and liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Accounts receivables |  |  | (5,958 | ) |  |  | (7,001 | ) |  |  | (495 | )
Other assets |  |  | 5,895 |  |  |  | (13,772 | ) |  |  | 828 |
AP and accruals |  |  | 604 |  |  |  | (587 | ) |  |  | (1,358 | )
Accounts payable with subsidiaries |  |  | 11,179 |  |  |  | 5,846 |  |  |  | 1,724 |
Net cash used in operating activities |  | $ | (917 | ) |  | $ | (7,966 | ) |  | $ | (212 | )
Investing Activities: |  |  |  |  |  |  |  |  |  |  |  |
Additions to property and equipment |  | $ | (1,483 | ) |  | $ | (455 | ) |  | $ | (72 | )
Purchase of PE OP Co. Ownership |  |  | – |  |  |  | (6,000 | ) |  |  | (2,340 | )
Net cash used in Investing activities |  | $ | (1,483 | ) |  | $ | (6,455 | ) |  | $ | (2,412 | )
Financing Activities: |  |  |  |  |  |  |  |  |  |  |  |
Preferred stock Dividends |  | $ | (1,265 | ) |  | $ | (3,459 | ) |  | $ | (1,265 | )
Proceeds from Equity Raise |  |  | – |  |  |  | 26,073 |  |  |  | – |
Proceeds from issuance of senior notes |  |  | – |  |  |  | – |  |  |  | 22,192 |
Proceeds from issuance of convertible notes |  |  | – |  |  |  | – |  |  |  | 14,000 |
Payment on related party Note |  |  | – |  |  |  | (750 | ) |  |  | – |
Payments on senior notes |  |  | – |  |  |  | (13,984 | ) |  |  | (6,208 | )
Purchase of PE OP Co. debt |  |  | – |  |  |  | (17,038 | ) |  |  | (27,088 | )
Proceeds from exercise of warrants |  |  | 368 |  |  |  | 43,676 |  |  |  | 2,064 |
Net Cash (used in) provided by financing activities |  | $ | (897 | ) |  | $ | 34,518 |  |  | $ | 3,695 |
Net (decrease) increase in cash and equivalents |  |  | (3,297 | ) |  |  | 20,097 |  |  |  | 1,071 |
Cash and equivalents at beginning of period |  |  | 23,915 |  |  |  | 3,818 |  |  |  | 2,747 |
Cash and equivalents at ending of period |  | $ | 20,618 |  |  | $ | 23,915 |  |  | $ | 3,818 |

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