The Company, directly or indirectly, holds investments in companies that are accounted for under the equity method. The Company’s equity in these entities is generally presented at cost plus its accumulated proportional share of income or loss, less any distributions it has received, or other-than-temporary impairments recognized. The amount of equity method investments has decreased substantially as two acquisitions in 2019 resulted in the consolidation of the former equity method investments. In January 2019, the Company purchased the remaining equity of Lansing Trade Group and Thompsons Limited and in October 2019, the Company merged its existing equity method ethanol investments to create the consolidated entity of TAMH.

The following table presents aggregate summarized financial information of the Company's equity method investments as they qualified as significant equity method investees in the aggregate for the year ended December 31, 2019. No individual equity investments qualified as significant for the years presented.


	Year Ended December 31,
(in thousands)	2021		2020		2019
Sales	$	2,021,128	$	1,625,686	$	1,930,289
Gross profit	31,185		32,467		39,253
Income from continuing operations	8,334		3,315		1,895
Net income	7,327		2,777		940

Current assets	374,856		370,190		255,052
Non-current assets	79,564		89,456		80,823
Current liabilities	286,530		296,074		196,163
Non-current liabilities	32,877		40,077		31,509


	December 31,
(in thousands)	2021		2020
Providence Grain Group Inc. (a)	$	17,037	$	12,467
Quadra Commodities S.A.	7,959		7,013
Other	7,094		6,981
Total	$	32,090	$	26,461

(a) At December 31, 2021, the aggregate unamortized basis difference of the Company's investment in Providence Grain Group Inc. of $5.0 million is primarily attributable to the difference between the amount for which the Company recorded other-than-temporary impairment charges and the historical carrying value of the net assets of the entity. This difference is being amortized over the remaining useful life of the related assets and included in the reported amount of income from unconsolidated entities.


	% Ownership at December 31, 2021	Year Ended December 31,
(in thousands)		2021		2020		2019
Providence Grain Group Inc. (a)	37.8%	$	4,532	$	(233)	$	(7,411)
Quadra Commodities S.A. (a)	17.7%	946		1,439		910
The Andersons Albion Ethanol LLC (b)	N/A	—		—		(1,292)
The Andersons Clymers Ethanol LLC (b)	N/A	—		—		(151)
The Andersons Marathon Ethanol LLC (b)	N/A	—		—		920
Other	5% - 52%	(636)		(568)		(335)
Total		$	4,842	$	638	$	(7,359)

(a) The Company acquired the equity method investments in Providence Grain Group Inc. and Quadra Commodities S.A. through the consolidation of Lansing Trade Group in 2019.

(b) The Company previously owned approximately 55%, 39%, 33% in The Andersons Albion LLC, The Andersons Clymers Ethanol LLC and The Andersons Marathon Ethanol LLC, respectively. Effective October 1, 2019, the Company contributed its interests in these three entities into TAMH. The transaction resulted in the consolidation of these entities into the Company's Consolidated Financial Statements.

In the ordinary course of business and on an arms-length basis, the Company will enter into related party transactions with certain of the investments described above, along with other related parties.


	Year Ended December 31,
(in thousands)	2021		2020		2019
Sales revenues	$	342,816	$	176,768	$	246,540
Service fee revenues (a)	—		—		12,181
Purchases of product (b)	44,182		52,665		569,619
Lease income (c)	149		583		3,516
Labor and benefits reimbursement (d)	—		—		10,973

(a)Prior period service fee revenues include management fees, corn origination fees, ethanol and distillers dried grains ("DDG") marketing fees, and other commissions. All activity subsequent to the TAMH merger on October 1, 2019 has been eliminated in consolidation.

(b)Prior period purchases of product include ethanol and co-products purchased from the unconsolidated ethanol LLCs. All activity subsequent to the TAMH merger on October 1, 2019 has been eliminated in consolidation.

(c)Prior period lease income includes certain railcars leased to related parties and the lease of the Company’s Albion, Michigan and Clymers, Indiana grain facilities. All activity subsequent to the TAMH merger on October 1, 2019 has been eliminated in consolidation.

(d)Prior period labor and benefits reimbursement includes all operations labor to the unconsolidated ethanol equity investments. All activity subsequent to the TAMH merger on October 1, 2019 has been eliminated in consolidation.