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ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES. (Tables) | 12 Months Ended
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Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of concentrations of credit risk major customers |
|  | Years Ended December 31, |
|  | 2019 |  |  | 2018 |
Customer A |  |  | 12 | % |  |  | 14 | %
Customer B |  |  | 10 | % |  |  | 11 | %
Schedule of purchases from external customers | The Company purchases corn, its largest cost component in producing ethanol, from its suppliers. The Company purchased corn from suppliers representing 10% or more of the Company's total corn purchases, as follows:
|  | Years Ended December 31, |
|  | 2019 |  |  | 2018 |
Supplier A |  |  | 18 | % |  |  | 17 | %
Supplier B |  |  | 11 | % |  |  | 11 | %
Supplier C |  |  | 10 | % |  |  | 14 | %
Supplier D |  |  | 10 | % |  |  | 10 | %
Schedule of inventory | Inventory balances consisted of the following (in thousands):
|  | December 31, |
|  | 2019 |  |  | 2018 |
Finished goods |  | $ | 38,194 |  |  | $ | 35,778 |
Work in progress |  |  | 7,426 |  |  |  | 6,855 |
Raw materials |  |  | 7,890 |  |  |  | 7,233 |
Low-carbon and RIN credits |  |  | 5,690 |  |  |  | 6,130 |
Other |  |  | 1,400 |  |  |  | 1,824 |
Total |  | $ | 60,600 |  |  | $ | 57,820 |
Schedule of property and equipment useful lives | Depreciation is computed using the straight-line method over the following estimated useful lives:
Buildings |  | 40 years
Facilities and plant equipment |  | 10 – 25 years
Other equipment, vehicles and furniture |  | 5 – 10 years
Schedule of earnings per share | The following tables compute basic and diluted earnings per share (in thousands, except per share data):
|  | Year Ended December 31, 2019 |
|  | Loss Numerator |  |  | Shares Denominator |  |  | Per-Share Amount |
Net loss attributed to Pacific Ethanol |  | $ | (88,949 | ) |  |  |  |  |  |  |  |
Less: Preferred stock dividends |  |  | (1,265 | ) |  |  |  |  |  |  |  |
Basic and Diluted loss per share: |  |  |  |  |  |  |  |  |  |  |  |
Loss available to common stockholders |  | $ | (90,214 | ) |  |  | 47,384 |  |  | $ | (1.90 | )
|  | Year Ended December 31, 2018 |
|  | Loss Numerator |  |  | Shares Denominator |  |  | Per-Share Amount |
Net loss attributed to Pacific Ethanol |  | $ | (60,273 | ) |  |  |  |  |  |  |  |
Less: Preferred stock dividends |  |  | (1,265 | ) |  |  |  |  |  |  |  |
Basic and Diluted loss per share: |  |  |  |  |  |  |  |  |  |  |  |
Loss available to common stockholders |  | $ | (61,538 | ) |  |  | 43,376 |  |  | $ | (1.42 | )

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