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Business Acquisition (Tables)
12 Months Ended
Dec. 31, 2014
Business Acquisition [Line Items]  
Pro forma information
The amounts of the GPG revenue and earnings included in the Consolidated Statements of Income for the year ended December 31, 2012, and the revenue and earnings of GPG had the acquisition date been January 1, 2011 are as follows:
(unaudited, in thousands)
Revenue
 
Operating Income (Loss)
Actual from 12/3/2012 to 12/31/2012
$
40,477

 
$
(785
)
Supplemental pro forma from 1/1/2012 - 12/31/2012
566,821

 
1,632

Combined entity pro forma from 1/1/2012 - 12/31/2012
5,798,354

 
122,550

Auburn Bean and Grain  
Business Acquisition [Line Items]  
Schedule of recognized identified assets acquired and liabilities assumed
The purchase price allocation is preliminary, pending completion of the full valuation report; however significant changes are not anticipated. The summarized preliminary purchase price allocation is as follows:
(in thousands)
 
Cash
$
12,491

Accounts receivable
9,012

Inventory
5,798

Other assets
2,665

Intangibles
9,250

Goodwill
11,236

Property, plant, and equipment
41,692

Accounts payable
(3,419
)
Commodity derivative liabilities
(2,733
)
Other current liabilities
(1,281
)
Long-term debt
(12,577
)
Other non-current liabilities
(11,239
)
Total purchase price
$
60,895

Intangible assets acquisition
Details of the intangible assets acquired are as follows:
(in thousands)
Fair Value
 
Useful Life
Supplier relationships
$
4,620

 
10 years
Customer relationships
$
3,450

 
10 years
Trade name
$
860

 
10 years
Noncompete agreement
$
320

 
1 to 5 years
Total identifiable intangible assets
$
9,250

 
10 years *
*weighted average number of years
Green Plains Grain Company  
Business Acquisition [Line Items]  
Schedule of recognized identified assets acquired and liabilities assumed
The summarized final purchase price allocation is as follows:
(in thousands)
 
Accounts receivable
$
19,174

Inventory
121,983

Property, plant and equipment
57,828

Intangible assets
4,600

Goodwill
33,175

Commodity derivatives
4,701

Other assets
1,775

Accounts payable
(91,001
)
Debt assumed
(29,632
)
Other liabilities
(2,371
)
Total purchase price
$
120,232

Intangible assets acquisition
Details of the intangible assets acquired are as follows:
(in thousands)
Fair Value
 
Useful Life
Supplier relationships
$
4,600

 
3 to 5 years
Total identifiable intangible assets
$
4,600

 
4 years *
*weighted average number of years
Amaizing Energy Denison LLC  
Business Acquisition [Line Items]  
Schedule of recognized identified assets acquired and liabilities assumed
The summarized final purchase price allocation is as follows:
(in thousands)
 
Grain elevator
$
14,285

Inventory
10,087

Intangible assets
2,373

Other current assets
962

Property, plant and equipment
49,693

Total purchase price
$
77,400

Intangible assets acquisition
Details of the intangible assets acquired are as follows:
(in thousands)
Fair Value
 
Useful Life
Lease intangibles
$
2,123

 
10 months to 5 years
Noncompete agreement
250

 
2 years
Total identifiable intangible assets
$
2,373

 
3 years *
New Eezy Gro Inc  
Business Acquisition [Line Items]  
Schedule of recognized identified assets acquired and liabilities assumed
The summarized purchase price allocation is as follows:
(in thousands)
 
Current assets
$
5,106

Intangible assets
9,600

Goodwill
6,681

Property, plant and equipment
3,586

Current liabilities
(3,784
)
Deferred tax liability, net
(4,412
)
Total purchase price
$
16,777

Intangible assets acquisition
Details of the intangible assets acquired are as follows:
(in thousands)
Fair Value
 
Useful Life
Trademarks
$
1,200

 
10 years
Customer list
5,500

 
10 years
Technology
2,100

 
5 years
Noncompete agreement
800

 
7 years
Total identifiable intangible assets
$
9,600

 
9 years *
*weighted average number of years