PARENT COMPANY FINANCIALS. (Tables)

12 Months Ended

Dec. 31, 2017

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule of balance sheets - parent company

Parent company financial statements for the periods covered in this report are set forth below.

	December 31,
	2017			2016
ASSETS
Current Assets:
Cash and cash equivalents	$	5,314		$	11,060
Receivables from subsidiaries		3,138			7,203
Other current assets		1,631			6,442
Total current assets		10,083			24,705
Property and equipment, net		1,071			1,433
Other Assets:
Investments in subsidiaries		359,680			363,401
Pacific Ethanol West plant receivable		58,766			58,766
Other assets		1,565			1,110
Total other assets		420,011			423,277
Total Assets	$	431,165		$	449,415
Current Liabilities:
Accounts payable and accrued liabilities	$	2,218		$	1,758
Payable to subsidiaries		625			1,568
Accrued PE Op Co. purchase		3,828			3,828
Other current liabilities		245			184
Total current liabilities		6,916			7,338
Long-term debt, net		67,530			53,360
Warrant liabilities at fair value		—			651
Deferred tax liabilities		224			52
Other liabilities		56			124
Total Liabilities		74,726			61,525
Stockholders’ Equity:
Preferred stock		1			1
Common and non-voting common stock		44			44
Additional paid-in capital		927,090			922,698
Accumulated other comprehensive loss		(2,234	)		(2,620	)
Accumulated deficit		(568,462	)		(532,233	)
Total Pacific Ethanol, Inc. stockholders’ equity		356,439			387,890
Total Liabilities and Stockholders’ Equity	$	431,165		$	449,415

Schedule of statements of operations parent company

	Years Ended December 31,
	2017			2016			2015
Management fees from subsidiaries	$	11,904		$	12,968		$	9,857
Selling, general and administrative expenses		18,185			14,491			14,336
Asset impairment		—			—			1,970
Loss from operations		(6,281	)		(1,523	)		(6,449	)
Fair value adjustments		473			(557	)		1,641
Interest income		4,793			5,964			5,739
Interest expense		(5,829	)		(240	)		(27	)
Other income (expense), net		(95	)		1,931			—
Income (loss) before provision for income taxes		(6,939	)		5,575			904
Provision (benefit) for income taxes		(321	)		(981	)		(10,034	)
Income (loss) before equity in earnings of subsidiaries		(6,618	)		6,556			10,938
Equity in losses of subsidiaries		(28,346	)		(5,137	)		(29,724	)
Consolidated net income (loss)	$	(34,964	)	$	1,419		$	(18,786	)

Schedule of statements of cash flows parent company

	For the Years Ended December 31,
	2017			2016			2015
Operating Activities:
Net income (loss)	$	(34,964	)	$	1,419		$	(18,786	)
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:
Equity in losses of subsidiaries		28,346			5,137			29,724
Dividends from subsidiaries		3,500			—			—
Depreciation and amortization		830			727			390
Fair value adjustments		(473	)		557			(1,641	)
Asset impairment		—			—			1,970
Deferred income taxes		169			(1,122	)		(14,260	)
Amortization of debt discounts		636			10			—
Changes in operating assets and liabilities:
Accounts receivables		4,065			7,302			(5,958	)
Other assets		4,356			4,647			(4,139	)
Accounts payable and accrued expenses		3,859			(3,741	)		604
Accounts payable with subsidiaries		(943	)		(9,385	)		11,179
Net cash provided by (used in) operating activities	$	9,381		$	5,551		$	(917	)
Investing Activities:
Additions to property and equipment	$	(468	)	$	(465	)	$	(1,483	)
Investments in subsidiaries		(28,126	)		(50,886	)		—
Purchase of PE OP Co. debt		—			(17,003	)		—
Net cash used in investing activities	$	(28,594	)	$	(68,354	)	$	(1,483	)
Financing Activities:
Proceeds from issuances of senior notes	$	13,530		$	53,350		$	—
Proceeds from warrant stock option exercises		1,202			1,164			368
Preferred stock dividend payments		(1,265	)		(1,269	)		(1,265	)
Net cash provided by (used in) financing activities	$	13,467		$	53,245		$	(897	)
Net decrease in cash and cash equivalents		(5,746	)		(9,558	)		(3,297	)
Cash and cash equivalents at beginning of period		11,060			20,618			23,915
Cash and cash equivalents at end of period	$	5,314		$	11,060		$	20,618