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Related Party Transactions (Tables)
 12 Months Ended
Dec. 31, 2015
Related Party Transactions [Abstract]  
Schedule of aggregate summarized financial information of subsidiaries
The following table presents aggregate summarized financial information of LTG, TAAE, TACE, TAME, Thompsons Limited, and other various investments as they qualified as significant equity method investees in the aggregate. No equity investments qualified as significant for the years ended December 31, 2015 and 2014. LTG qualified as a significant equity method investee individually for the year ended December 31, 2013.
 
December 31,
(in thousands)
2015
 
2014
 
2013
Sales
$
6,868,257

 
$
8,152,313

 
$
10,232,395

Gross profit
250,847

 
396,774

 
305,016

Income from continuing operations
85,220

 
233,831

 
148,583

Net income
81,368

 
219,431

 
144,699

 
 
 
 
 
 
Current assets
1,236,171

 
1,482,110

 
1,406,200

Non-current assets
500,637

 
558,138

 
508,319

Current liabilities
796,816

 
1,153,101

 
1,040,762

Non-current liabilities
342,075

 
381,646

 
244,910

Noncontrolling interests
11,716

 
13,953

 
20,118
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:
 
December 31,
(in thousands)
2015
 
2014
The Andersons Albion Ethanol LLC
$
32,871

 
$
27,824

The Andersons Clymers Ethanol LLC
29,278

 
37,624

The Andersons Marathon Ethanol LLC
31,255

 
31,537

Lansing Trade Group, LLC
101,531

 
78,696

Thompsons Limited (a)
43,964

 
48,455

Other
3,208

 
2,721

Total
$
242,107

 
$
226,857


(a)
Thompsons Limited and related U.S. operating company held by joint ventures
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
December 31, 2015
(direct and indirect)
 
December 31,
(in thousands)
 
2015
 
2014
 
2013
The Andersons Albion Ethanol LLC
53%
 
$
5,636

 
$
19,814

 
$
10,469

The Andersons Clymers Ethanol LLC
38%
 
6,866

 
21,840

 
11,299

The Andersons Marathon Ethanol LLC
50%
 
4,718

 
27,226

 
13,815

Lansing Trade Group, LLC
32% (a)
 
11,880

 
23,266

 
31,212

Thompsons Limited (b)
50%
 
2,735

 
4,140

 
1,634

Other
5%-34%
 
89

 
237

 
276

Total
 
 
$
31,924

 
$
96,523

 
$
68,705


(a)
 This does not consider the restricted management units which once vested will reduce the ownership percentage by approximately 1%. Current year income includes our share ($2.8 million) of a correction of a prior period accounting error at Lansing Trade Group.
(b)
Thompsons Limited and related U.S. operating company held by joint ventures
Schedule of Related Party Transactions
The following table sets forth the related party transactions entered into for the time periods presented: 
 
December 31,
(in thousands)
2015
 
2014
 
2013
Sales revenues
$
825,220

 
$
1,062,377

 
$
1,315,234

Service fee revenues (a)
20,393

 
23,093

 
23,536

Purchases of product
465,056

 
604,067

 
704,948

Lease income (b)
6,664

 
6,381

 
6,223

Labor and benefits reimbursement (c)
11,567

 
11,707

 
10,613

Other expenses (d)
1,059

 
1,224

 
2,349

Accounts receivable at December 31 (e)
13,362

 
25,049

 
21,979

Accounts payable at December 31 (f)
13,784

 
17,687

 
19,887

(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 unconsolidated 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 and other various items.