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PARENT COMPANY FINANCIALS. (Tables) | 3 Months Ended
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Mar. 31, 2019
Condensed Financial Information Disclosure [Abstract] |
Schedule of balance sheets - parent company | Parent company financial statements for the periods covered in this report are set forth below (in thousands):
ASSETS |  | March 31, 2019 |  |  | December 31, 2018 |
Current Assets: |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 6,282 |  |  | $ | 6,759 |
Receivables from subsidiaries |  |  | 10,378 |  |  |  | 17,156 |
Other current assets |  |  | 1,710 |  |  |  | 1,659 |
Total current assets |  |  | 18,370 |  |  |  | 25,574 |
Property and equipment, net |  |  | 447 |  |  |  | 522 |
Other Assets: |  |  |  |  |  |  |  |
Investments in subsidiaries |  |  | 282,132 |  |  |  | 286,666 |
Pacific Ethanol West plant receivable |  |  | 58,766 |  |  |  | 58,766 |
Right of use operating lease assets, net |  |  | 3,444 |  |  |  | — |
Other assets |  |  | 1,437 |  |  |  | 1,437 |
Total other assets |  |  | 345,779 |  |  |  | 346,869 |
Total Assets |  | $ | 364,596 |  |  | $ | 372,965 |
Liabilities |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |
Accounts payable and accrued liabilities |  | $ | 2,950 |  |  | $ | 2,469 |
Accrued PE Op Co. purchase |  |  | 3,829 |  |  |  | 3,829 |
Current portion of long-term debt |  |  | 62,689 |  |  |  | 66,255 |
Other current liabilities |  |  | 613 |  |  |  | 385 |
Total current liabilities |  |  | 70,081 |  |  |  | 72,938 |
Operating leases, net of current portion |  |  | 3,231 |  |  |  | — |
Deferred tax liabilities |  |  | 251 |  |  |  | 251 |
Other liabilities |  |  | 1 |  |  |  | 9 |
Total Liabilities |  |  | 73,564 |  |  |  | 73,198 |
Stockholders’ Equity: |  |  |  |  |  |  |  |
Preferred stock |  |  | 1 |  |  |  | 1 |
Common and non-voting common stock |  |  | 49 |  |  |  | 46 |
Additional paid-in capital |  |  | 936,643 |  |  |  | 932,179 |
Accumulated other comprehensive loss |  |  | (2,459 | ) |  |  | (2,459 | )
Accumulated deficit |  |  | (643,202 | ) |  |  | (630,000 | )
Total Pacific Ethanol, Inc. stockholders’ equity |  |  | 291,032 |  |  |  | 299,767 |
Total Liabilities and Stockholders’ Equity |  | $ | 364,596 |  |  | $ | 372,965 |
Schedule of statements of operations parent company |
|  | Three Months Ended March 31, |
|  | 2019 |  |  | 2018 |
Management fees from subsidiaries |  | $ | 3,330 |  |  | $ | 3,078 |
Selling, general and administrative expenses |  |  | 4,729 |  |  |  | 5,376 |
Loss from operations |  |  | (1,399 | ) |  |  | (2,298 | )
Interest income |  |  | 1,159 |  |  |  | 1,161 |
Interest expense |  |  | (2,456 | ) |  |  | (2,132 | )
Loss before benefit for income taxes |  |  | (2,696 | ) |  |  | (3,269 | )
Benefit for income taxes |  |  | — |  |  |  | (563 | )
Loss before equity in losses of subsidiaries |  |  | (2,696 | ) |  |  | (2,706 | )
Equity in losses of subsidiaries |  |  | (10,194 | ) |  |  | (5,135 | )
Consolidated net loss |  | $ | (12,890 | ) |  | $ | (7,841 | )
Schedule of statements of cash flows parent company |
|  | For the Three Months Ended March 31, |
|  | 2019 |  |  | 2018 |
Operating Activities: |  |  |  |  |  |  |  |
Net loss |  | $ | (12,890 | ) |  | $ | (7,841 | )
Adjustments to reconcile net loss to cash used in operating activities: |  |  |  |  |  |  |  |
Equity in losses of subsidiaries |  |  | 10,194 |  |  |  | 5,135 |
Depreciation |  |  | 75 |  |  |  | 186 |
Deferred income taxes |  |  | — |  |  |  | 563 |
Amortization of debt discounts |  |  | 178 |  |  |  | 179 |
Changes in operating assets and liabilities: |  |  |  |  |  |  |  |
Accounts receivables |  |  | 1,778 |  |  |  | (2,673 | )
Other assets |  |  | (264 | ) |  |  | (937 | )
Accounts payable and accrued expenses |  |  | 45 |  |  |  | 1,759 |
Accounts payable with subsidiaries |  |  | 797 |  |  |  | (625 | )
Net cash used in operating activities |  | $ | (87 | ) |  | $ | (4,254 | )
Investing Activities: |  |  |  |  |  |  |  |
Additions to property and equipment |  | $ | — |  |  | $ | (13 | )
Net cash used in investing activities |  | $ | — |  |  | $ | (13 | )
Financing Activities: |  |  |  |  |  |  |  |
Proceeds from issuances of common stock |  | $ | 3,670 |  |  | $ | — |
Payments on senior notes |  |  | (3,748 | ) |  |  | — |
Preferred stock dividend payments |  |  | (312 | ) |  |  | (312 | )
Net cash used in financing activities |  | $ | (390 | ) |  | $ | (312 | )
Net decrease in cash and cash equivalents |  |  | (477 | ) |  |  | (4,579 | )
Cash and cash equivalents at beginning of period |  |  | 6,759 |  |  |  | 5,314 |
Cash and cash equivalents at end of period |  | $ | 6,282 |  |  | $ | 735 |

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