In the ordinary course of business, and on an arm's length basis, the Company will enter into related party transactions with the minority shareholders of the Company's ethanol operations and several equity method investments that the Company holds, along with other related parties.

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


	Three months ended June 30,				Six months ended June 30,
(in thousands)	2021		2020		2021		2020
Sales revenues	$	85,294	$	29,659	$	151,940	$	84,353
Purchases of product and capital assets	8,662		6,419		20,336		21,996


(in thousands)	June 30, 2021		December 31, 2020		June 30, 2020
Accounts receivable (a)	$	11,835	$	5,623	$	7,332
Accounts payable (b)	2,287		5,251		2,598

(a) Accounts receivable represents amounts due from related parties for the sale of ethanol and other various items.

(b) Accounts payable represents amounts due to related parties for purchases of ethanol equipment and other various items.