Related Party Transactions (Tables)

3 Months Ended

9 Months Ended

Sep. 30, 2013

Sep. 30, 2013

Related Party Transactions [Abstract]

Company's investment balance in each of its equity method investees by entity

The following table presents the Company’s investment balance in each of its equity method investees by entity:

(in thousands)	September 30, 2013		December 31, 2012		September 30, 2012
The Andersons Albion Ethanol LLC	$	35,643	$	30,227	$	30,625
The Andersons Clymers Ethanol LLC	37,695		33,119		34,962
The Andersons Marathon Ethanol LLC	37,844		32,996		36,153
Lansing Trade Group, LLC	100,071		92,094		86,007
Thompsons Limited (a)	47,477		—		—
Other	3,913		2,472		2,310
Total	$	262,643	$	190,908	$	190,057

Income (loss) earned from the Company's equity method investments by entity

The following table summarizes income (losses) earned from the Company’s equity method investments by entity:

	% ownership at September 30, 2013	Three months ended September 30,						Nine months ended September 30,
(in thousands)		2013			2012			2013			2012
The Andersons Albion Ethanol LLC	50%	$	3,711		$	(622	)	$	5,627		$	(204	)
The Andersons Clymers Ethanol LLC	38%	3,437			(972		)	4,576			(1,985		)
The Andersons Marathon Ethanol LLC	50%	3,026			(1,629		)	4,848			(5,116		)
Lansing Trade Group, LLC	49% (a)	12,391			9,187			25,255			22,347
Thompsons Limited (b)	50%	(722		)	—			(722		)	—
Other	5%-23%	334			63			407			364
Total		$	22,177		$	6,027		$	39,991		$	15,406

 (a) This does not consider restricted management units which once vested will reduce the ownership percentage by approximately 2%.

Schedule Of Summarized Unaudited Financial Information Of Equity Method Investment [Table Text Block]

In the third quarter of 2013, LTG qualified as a significant subsidiary of the Company under the income test. The following table presents the required summarized unaudited financial information of this investment for the three and nine months ended September 30, 2013 and 2012:

(in thousands)	Three months ended September 30,				Nine months ended September 30,
	2013		2012		2013		2012
Sales	$	2,206,433	$	1,680,170	$	6,828,076	$	4,874,347
Gross profit	64,095		50,412		143,608		126,330
Income before income taxes	27,321		20,108		54,122		49,014
Net income	25,496		18,545		52,490		47,486
Net income attributable to LTG	25,211		17,927		51,823		44,518

Schedule of aggregate summarized financial information of subsidiaries

The following table sets forth the related party transactions entered into for the time periods presented:

	Three months ended September 30,				Nine months ended September 30,
(in thousands)	2013		2012		2013		2012
Sales revenues	$	316,154	$	234,258	$	985,618	$	654,308
Service fee revenues (a)	5,746		5,329		17,360		16,201
Purchases of product	190,009		173,519		535,068		467,841
Lease income (b)	1,590		1,695		4,661		5,428
Labor and benefits reimbursement (c)	2,682		3,192		7,948		8,943
Other expenses (d)	325		279		1,078		615
Accounts receivable at September 30 (e)	19,736		27,548
Accounts payable at September 30 (f)	16,163		18,474

(a) Service fee revenues include management fee, corn origination fee, ethanol and DDG marketing fees, and other commissions.

(b) Lease income includes the lease of the Company’s Albion, Michigan and Clymers, Indiana grain facilities as well as certain railcars to the various ethanol LLCs and IANR.

(c) The Company provides all operational labor to the unconsolidated ethanol LLCs and charges them an amount equal to the Company’s costs of the related services.

(d) Other expenses include payments to IANR for repair facility rent and use of their railroad reporting mark, payment to LTG for the lease of railcars and other various expenses.

(e) Accounts receivable represents amounts due from related parties for sales of corn, leasing revenue and service fees.

(f) Accounts payable represents amounts due to related parties for purchases of ethanol.