Annual report pursuant to Section 13 and 15(d)

Derivative Instruments (Tables)

v3.7.0.1
Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Derivative Financial Instruments by Balance Sheet Location
The following tables provide details regarding the Company’s derivative financial instruments:
   
December 31, 2016
 
December 31, 2015
   
Assets
 
Liabilities
 
Assets
 
Liabilities
Gross amounts of commodity derivative contracts recognized at fair value
$
1,272

 
$
3,511

 
$
4,644

 
$
185

Cash collateral
9,366

 

 
5,638

 

Total gross amount recognized
10,638

 
3,511

 
10,282

 
185

Gross amounts offset
(3,511
)
 
(3,511
)
 
(185
)
 
(185
)
Net amount reported in the Consolidated Balance Sheets
$
7,127

 
$

 
$
10,097

 
$

Summary of Derivative Financial Instruments by Location of Gain (Loss)
The following table sets forth the pre-tax gains (losses) included in the Consolidated Statements of Operations:
   
Location of Gain (Loss)
Recognized in income
 
2016
 
2015
 
2014
Commodity derivatives
Cost of goods sold – Biomass-based diesel
 
$
(35,386
)
 
$
35,983

 
$
61,631