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Related Party Transactions (Tables)
 12 Months Ended
Dec. 31, 2021
Related Party Transactions [Abstract]  
Schedule of Aggregate Summarized Financial Information of Subsidiaries
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)202120202019
Sales$2,021,128 $1,625,686 $1,930,289 
Gross profit31,185 32,467 39,253 
Income from continuing operations8,334 3,315 1,895 
Net income7,327 2,777 940 
Current assets374,856 370,190 255,052 
Non-current assets79,564 89,456 80,823 
Current liabilities286,530 296,074 196,163 
Non-current liabilities32,877 40,077 31,509 
Schedule of Company's Investment Balance in Each Equity Method Investee
The following table presents the Company’s investment balance in each of its equity method investees by entity:
December 31,
(in thousands)20212020
Providence Grain Group Inc. (a)$17,037 $12,467 
Quadra Commodities S.A.7,959 7,013 
Other7,094 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.
Schedule of Income (Loss) Earned From the Company's Equity Method Investments
The following table summarizes income (losses) from the Company’s equity method investments by entity:
% Ownership at
December 31, 2021
Year Ended December 31,
(in thousands)202120202019
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.
Schedule of Related Party Transactions
The following table sets forth the related party transactions entered into for the time periods presented: 
Year Ended December 31,
(in thousands)202120202019
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.
December 31,
(in thousands)20212020
Accounts receivable (e)$9,984 $5,623 
Accounts payable (f)6,034 5,251 
(e)Accounts receivable represents amounts due from related parties for sales of ethanol and other various items.
(f)Accounts payable represents amounts due to related parties for purchases of equipment, denaturant and other various items.