Granite Falls Energy (GFGY) 10-Q/A23 Jun 142014 Q2 Quarterly report (amended)Financial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information Document	6 Months Ended
Document and Entity Information Document	Apr. 30, 2014
Entity Information [Line Items]	'
Entity Registrant Name	'Granite Falls Energy, LLC
Entity Central Index Key	'0001181749
Current Fiscal Year End Date	'--10-31
Entity Filer Category	'Non-accelerated Filer
Document Type	'10-Q
Document Period End Date	30-Apr-14
Document Fiscal Year Focus	'2014
Document Fiscal Period Focus	'Q2
Amendment Flag	'false
Entity Common Stock, Shares Outstanding	30,606

Condensed_Balance_Sheets

Condensed Balance Sheets (USD $)	Apr. 30, 2014	Oct. 31, 2013
Current Assets	'	'
Cash	$15,113,456	$1,158,774
Restricted cash	634,820	393,750
Accounts receivable	12,439,619	6,450,694
Inventory	9,009,359	12,370,277
Derivative Instruments and Hedges, Assets	362,438	0
Prepaid expense and other current assets	662,434	1,096,483
Total current assets	38,222,126	21,469,978
Property, Plant and Equipment [Abstract]	'	'
Land and improvements	13,348,732	12,307,063
Railroad improvements	8,005,523	8,005,523
Process equipment and tanks	112,142,583	110,440,407
Administration building	1,318,144	1,015,361
Office equipment	265,792	265,792
Rolling stock	1,752,745	1,691,857
Construction in progress	850,934	2,067,213
Gross property, plant and equipment	137,684,453	135,793,216
Less accumulated depreciation	51,525,180	46,984,361
Net property, plant and equipment	86,159,273	88,808,855
Goodwill	1,372,473	1,372,473
Other Assets	951,734	1,021,916
Total Assets	126,705,606	112,673,222
Current Liabilities	'	'
Current portion of long-term debt	7,579,332	3,490,808
Accounts payable	5,131,655	3,058,633
Corn payable to FCE	1,369,516	4,001,852
Commodity derivative instruments	0	75,113
Accrued liabilities current	1,046,283	696,858
Total current liabilities	15,126,786	11,323,264
Long-Term Debt, less current portion	18,970,883	32,981,955
Commitments and Contingencies	'	'
Members' Equity, 30,606 units authorized, issued and outstanding	79,182,623	59,887,346
Stockholders' Equity Attributable to Noncontrolling Interest	13,425,314	8,480,657
Members' Equity	92,607,937	68,368,003
Total Liabilities and Members' Equity	$126,705,606	$112,673,222

Condensed_Balance_Sheets_Paren

Condensed Balance Sheets (Parenthetical)	Apr. 30, 2014	Oct. 31, 2013
Members' Equity, units authorized, issued and outstanding	30,606	30,656

Condensed_Statements_of_Operat

Condensed Statements of Operations (USD $)	3 Months Ended		6 Months Ended
Condensed Statements of Operations (USD $)	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013
Revenues	$81,324,024	$48,020,602	$158,787,837	$95,137,724
Cost of Goods Sold	63,111,765	44,390,630	126,155,119	90,675,608
Gross Profit	18,212,259	3,629,972	32,632,718	4,462,116
Operating Expenses	1,379,875	582,965	2,675,376	1,145,660
Other Income (Expense)	16,832,384	3,047,007	29,957,342	3,316,456
Other Nonoperating Income (Expense) [Abstract]	'	'	'	'
Other income, net	121,652	23,078	178,290	24,225
Interest income	705	41	926	95
Interest expense	-195,606	-38,183	-472,351	-87,406
Total other expense, net	-73,249	-15,064	-293,135	-63,086
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	16,759,135	3,031,943	29,664,207	3,253,370
Net Income	14,249,413	3,031,943	24,804,357	3,253,370
Net Income (Loss) Attributable to Noncontrolling Interest	2,509,722	0	4,859,850	0
Weighted Average Units Outstanding - Basic and Diluted	30,606	30,606	30,606	30,606
Net Income Per Unit - Basic and Diluted	$465.58	$99.06	$810.44	$106.30
Distributions Per Unit - Basic and Diluted	$0	$0	$180	$0

Condensed_Statements_of_Cash_F

Condensed Statements of Cash Flows (USD $)	6 Months Ended
Condensed Statements of Cash Flows (USD $)	Apr. 30, 2014	Apr. 30, 2013
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$29,664,207	$3,253,370
Cash paid during the period for: [Abstract]	'	'
Net income	24,804,357	3,253,370
Adjustments to reconcile net income to net cash provided by operations:	'	'
Depreciation and amortization	4,611,001	2,317,637
Change in fair value of derivative instruments	-1,602,553	-26,582
Gain (Loss) on Disposition of Property Plant Equipment	-25,953	0
Increase (Decrease) in Operating Assets and Liabilities [Abstract]	'	'
Restricted cash	-241,070	20,000
Derivative Instruments	1,165,002	28,832
Accounts receivable	-5,988,925	1,203,974
Inventory	3,360,918	-777,226
Prepaid expenses and other current assets	434,049	-96,795
Accounts payable	-559,314	404,916
Accrued liabilities	434,232	283,773
Net Cash Provided by (Used in) Operating Activities	31,251,594	6,611,899
Net Cash Provided by (Used in) Investing Activities [Abstract]	'	'
Proceeds from Sale of Property, Plant, and Equipment	22,285	540,000
Payments for capital expenditures	-1,887,569	-1,732,878
Net Cash Provided by (Used in) Investing Activities	-1,865,284	-1,192,878
Net Cash Provided by (Used in) Financing Activities [Abstract]	'	'
Proceeds from Issuance of Long-term Debt	759,009	0
Proceeds from Short-term Debt	1,602,553	26,582
Payments on long-term debt	-10,681,557	-4,718,846
Distribution Made to Limited Liability Company (LLC) Member, Cash Distributions Paid	5,509,080	0
Net Cash Provided by (Used in) Financing Activities	-15,431,628	-4,718,846
Net Increase (Decrease) in Cash	13,954,682	700,175
Cash - Beginning of Period	1,158,774	685,828
Cash - End of Period	15,113,456	1,386,003
Supplemental Cash Flow Information [Abstract]	'	'
Interest expense	865,428	87,406
Cancellation of Accrued Distribution to Noncontrolling Interest	$84,807	$0

Summary_of_Significant_Account

Summary of Significant Accounting Policies	6 Months Ended
Summary of Significant Accounting Policies	Apr. 30, 2014
Accounting Policies [Abstract]	'
Summary of Significant Account Policies	'
	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of Presentation and Principles of Consolidation

	The accompanying financial statements consolidate the operating results and financial position of Granite Falls Energy, LLC (“GFE” or the “Company”), and its wholly owned subsidiary, Project Viking, L.L.C. ("Project Viking") which owns 60.8% of Heron Lake BioEnergy, LLC (“HLBE”). The remaining 39.2% ownership of HLBE is included in the consolidated financial statements as a non-controlling interest. HLBE, through its wholly owned subsidiary, HLBE Pipeline Company, LLC, owns 73% of Agrinatural Gas, LLC ("Agrinatural"). Given HLBE's control over the operations of Agrinatural and its majority voting interest, HLBE consolidates the financial statements of Agrinatural with its consolidated financial statements, with the equity and earnings (loss) attributed to the remaining 27% noncontrolling interest. All intercompany balances and transactions are eliminated in consolidation.

	The accompanying condensed consolidated balance sheet as of October 31, 2013 is derived from audited consolidated financial statements. The unaudited interim condensed consolidated financial statements of the Company reflect all adjustments consisting only of normal recurring adjustments that are, in the opinion of management, necessary for a fair presentation of financial position and results of operations and cash flows. The results for the three and six month periods ended April 30, 2014 are not necessarily indicative of the results that may be expected for a full fiscal year. Certain information and note disclosures normally included in annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) are condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”), although the Company believes that the disclosures made are adequate to make the information not misleading. These condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto included in its annual report for the year ended October 31, 2013 filed on Form 10-K with the SEC.

	Nature of Business

	GFE is a Minnesota limited liability company currently producing fuel-grade ethanol, distillers grains, and crude corn oil near Granite Falls, Minnesota and sells these products, pursuant to marketing agreements, throughout the continental United States. GFE's plant has an approximate annual production capacity of 60 million gallons, but is currently permitted to produce up to 70 million gallons of undenatured ethanol on a twelve month rolling sum basis.

	HLBE is a Minnesota limited liability company currently producing fuel-grade ethanol, distillers grains, and crude corn oil near Heron Lake, Minnesota and sells these products, pursuant to marketing agreements, throughout the continental United States. HLBE's plant has an approximate annual production capacity of 50 million gallons, but is currently permitted to produce up to 59.2 million gallons.

	Accounting Estimates

	Management uses estimates and assumptions in preparing these condensed consolidated financial statements in accordance with generally accepted accounting principles in the United States of America. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. The Company uses estimates and assumptions in accounting for the following significant matters, among others: economic lives of property, plant, and equipment, valuation of commodity derivatives and inventory, the assumptions used in the impairment analysis of long-lived assets and goodwill, and the assumptions used to estimate the fair market value of acquired assets and liabilities. Actual results may differ from previously estimated amounts, and such differences may be material to our condensed consolidated financial statements. The Company periodically reviews estimates and assumptions, and the effects of revisions are reflected in the period in which the revision is made.

	Revenue Recognition

	The Company generally sells ethanol and related products pursuant to marketing agreements. Revenues from the production of ethanol and the related products are recorded when the customer has taken title and assumed the risks and rewards of ownership, prices are fixed or determinable and collectability is reasonably assured. Ethanol and related products are generally shipped free on board (FOB) shipping point. The Company believes there are no ethanol sales, during any given month, which should be considered contingent and recorded as deferred revenue.

	In accordance with the Company's agreements for the marketing and sale of ethanol and related products, marketing fees and commissions due to the marketers are deducted from the gross sales price as earned. These fees and commissions are recorded net of revenues, as they do not provide an identifiable benefit that is sufficiently separable from the sale of ethanol and related products. Shipping costs paid by the Company to the marketer in the sale of ethanol are not specifically identifiable and, as a result, are recorded based on the net selling price reported to the Company from the marketer. Shipping costs incurred by the Company in the sale of distillers grains and corn oil are included in cost of goods sold.

	Derivative Instruments

	From time to time the Company enters into derivative transactions to hedge its exposures to commodity price fluctuations. The Company is required to record these derivatives on the balance sheets at fair value.

	In order for a derivative to qualify as a hedge, specific criteria must be met and appropriate documentation maintained. Gains and losses from derivatives that do not qualify as hedges, or are undesignated, must be recognized immediately in earnings. If the derivative does qualify as a hedge, depending on the nature of the hedge, changes in the fair value of the derivative will be either offset against the change in fair value of the hedged assets, liabilities, or firm commitments through earnings or recognized in other comprehensive income until the hedged item is recognized in earnings. Changes in the fair value of undesignated derivatives are recorded in earnings.

	Additionally, the Company is required to evaluate its contracts to determine whether the contracts are derivatives. Certain contracts that literally meet the definition of a derivative may be exempted as “normal purchases or normal sales”. Normal purchases and normal sales are contracts that provide for the purchase or sale of something other than a financial instrument or derivative instrument that will be delivered in quantities expected to be used or sold over a reasonable period in the normal course of business. Contracts that meet the requirements of normal purchases or sales are documented as normal and exempted from accounting and reporting requirements, and therefore, are not marked to market in our condensed consolidated financial statements.

	In order to reduce the risks caused by market fluctuations, the Company occasionally hedges its anticipated corn, natural gas, and denaturant purchases and ethanol sales by entering into options and futures contracts. These contracts are used with the intention to fix the purchase price of anticipated requirements for corn in the Company's ethanol production activities and the related sales price of ethanol. The fair value of these contracts is based on quoted prices in active exchange-traded or over-the-counter market conditions. Although the Company believes its commodity derivative positions are economic hedges, none have been formally designated as a hedge for accounting purposes and derivative positions are recorded on the balance sheet at their fair market value, with changes in fair value recognized in current period earnings or losses. The Company does not enter into financial instruments for trading or speculative purposes.

	The Company has adopted authoritative guidance related to “Derivatives and Hedging,” and has included the required enhanced quantitative and qualitative disclosure about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of gains and losses from derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. See further discussion in Note 4.

	Business Combinations

	The Company allocates the total purchase price of a business combination to the assets acquired and the liabilities assumed based on their estimated fair values at the acquisition date, with the excess purchase price recorded as goodwill. The Company used current market data to assist them in determining the fair value of the assets acquired and liabilities assumed, including goodwill, based on recognized business valuation methodology. Subsequent to the acquisition but not to exceed one year from the acquisition date, the Company will record any material adjustments retrospectively to the initial estimate based on new information obtained about facts and circumstances that existed as of the acquisition date. The Company expenses any acquisition-related costs as incurred in connection with business combinations. An income, market or cost valuation method may be utilized to estimate the fair value of the assets acquired or liabilities assumed in a business combination. The income valuation method represents the present value of future cash flows over the life of the asset using (i) discrete financial forecasts, which rely on management's estimates of revenue and operating expenses, (ii) long-term growth rates, and (iii) an appropriate discount rate. The market valuation method uses prices paid for a reasonably similar asset by other purchasers in the market, with adjustments relating to any differences between the assets. The cost valuation method is based on the replacement cost of a comparable asset at prices at the time of the acquisition reduced for depreciation of the asset.

Inventory

Inventory	6 Months Ended
	Apr. 30, 2014
Inventory [Abstract]	'
Inventory	'
	INVENTORY

	Inventories consist of the following:


		April 30, 2014
		(Unaudited)		October 31, 2013
	Raw materials	$	3,141,846	$	4,652,465

	Spare parts	1,756,980		1,636,466

	Work in process	2,061,099		1,643,574

	Finished goods	2,049,434		4,437,772

	Totals	$	9,009,359	$	12,370,277


	The Company performs a lower of cost or market analysis on inventory to determine if the market values of certain inventories are less than their carrying value, which is attributable primarily to decreases in market prices of corn and ethanol. Based on the lower of cost or market analysis, the Company did not record a lower of cost or market adjustment on certain inventories for the three or six month periods ended April 30, 2014 or 2013.

Derivative_Instruments

Derivative Instruments	6 Months Ended
	Apr. 30, 2014
Derivative Instruments [Abstract]	'
Derivative Instruments	'
	DERIVATIVE INSTRUMENTS

	As of April 30, 2014, the total notional amount of the Company's outstanding corn derivative instruments was approximately 1,555,000 bushels that were entered into to hedge forecasted corn purchases through March 2015. There may be offsetting positions that are not shown on a net basis that could lower the notional amount of positions outstanding as disclosed above.

	The following tables provide details regarding the Company's derivative instruments at April 30, 2014, none of which were designated as hedging instruments:


			Balance Sheet location		Assets			Liabilities
		Corn contracts - GFE	Commodity derivative instruments		$	298,250		$	—

		Corn contracts - HLBE	Commodity derivative instruments		64,188			—

		Totals			$	362,438		$	—


	As of October 31, 2013, the total notional amount of the Company's outstanding corn derivative instruments was approximately 1,125,000 bushels that were entered into to hedge forecasted corn purchases through December 2013. There may be offsetting positions that are shown on a net basis that could lower the notional amount of positions outstanding as disclosed above.

	The following tables provide details regarding the Company's derivative instruments at October 31, 2013, none of which are designated as hedging instruments:


			Balance Sheet location		Assets			Liabilities
		Corn contracts - GFE	Commodity derivative instruments		$	—		$	(75,113	)

		Totals			$	—		$	(75,113	)


	The following tables provide details regarding the gains and (losses) from Company's derivative instruments in statements of operations, none of which are designated as hedging instruments:


				Statement of Operations location		Three Months Ended
						April 30,
						2014				2013

		Corn contracts		Cost of Goods Sold		$	1,643,325			$	(248,955	)

		Total Gain (Loss)				$	1,643,325			$	(248,955	)



				Statement of Operations location		Six Months Ended
						April 30,
						2014				2013

		Corn contracts		Cost of Goods Sold		$	1,602,553			$	26,582

		Total Gain				$	1,602,553			$	26,582

Revolving_Line_of_Credit

Revolving Line of Credit	6 Months Ended
	Apr. 30, 2014
Revolving Line of Credit [Abstract]	'
Debt Disclosure [Text Block]	'
	DEBT FACILITIES

	Granite Falls Energy:

	GFE has two credit facilities with a lender. The first is a seasonal revolving operating loan facility in the amount of $5,600,000. The second is a revolving term loan facility in the amount of $18,000,000. However, the amount available for borrowing under this facility reduces by $2,000,000 semi-annually, beginning September 1, 2014, with final payment due March 1, 2018.

	The interest rates for both facilities are based on the bank's "One Month LIBOR Index Rate," plus 2.8% and 3.05% on the seasonal and revolving term commitments, respectively. Both facilities are available through March 31, 2017 and March 31, 2018, respectively. The outstanding balance on the revolving term loan on April 30, 2014 and October 31, 2013 was $0 and $2,513,674, respectively, and the interest rate as of both of those dates was 3.21%. GFE currently has no outstanding balance on the seasonal revolving operating loan facility.

	The Company's credit facilities with United FCS require the Company to comply with certain financial covenants that require minimum debt service coverage and working capital requirements. As of April 30, 2014 and October 31, 2013, GFE was in compliance with these financial covenants and expects to be in compliance throughout fiscal 2014.

	The credit facilities are secured by substantially all assets of the Company. There are no savings account balance collateral requirements as part of this credit facility.

	At April 30, 2014, GFE also had letters of credit totaling $288,928 with the bank as part of a credit requirement of Northern Natural Gas. These letters of credit reduced the total amount available on the revolving operating facility to approximately $5,711,000.

	Heron Lake BioEnergy:

	Term Note Payable

	On May 17, 2013, HLBE renegotiated its term loan with AgStar in the amount of $17,400,000. HLBE must make equal monthly payments of principal and interest of approximately $223,000 on the term loan based on a 10-year amortization, provided the entire principal balance and accrued and unpaid interest on the term loan is due and payable in full on the maturity date of September 1, 2016. In addition, HLBE is required to make additional payments annually on debt for up to 25% of the excess cash flow, as defined by the agreement, up to $2,000,000 per year. Through September 1, 2014, the loan bears interest at 5.75% as long as HLBE is in compliance with their debt covenants.

	On September 1, 2014, the interest term loan will be adjusted to LIBOR plus 3.50% but not less than 5%. The loan agreements are secured by substantially all business assets and are subject to various financial and non-financial covenants that limit distributions and debt and require minimum debt service coverage, net worth, and working capital requirements. As described above, HLBE was in compliance with the covenants of its master loan agreement with AgStar as of April 30, 2014.
	Revolving Term Note

	HLBE also obtained a three-year term revolving loan commitment in the amount of $20,500,000, under which AgStar agreed to make periodic advances to HLBE up to this original amount until September 1, 2016. Amounts borrowed by HLBE under the term revolving loan and repaid or prepaid may be re-borrowed at any time prior to maturity date of the term revolving loan, provided that outstanding advances may not exceed the amount of the term revolving loan commitment. Amounts outstanding on the term revolving loan bear interest at a variable rate equal to the greater of a LIBOR rate plus 3.50% or 5.0%, payable monthly. HLBE also pays an unused commitment fee on the unused portion of the term revolving loan commitment at the rate of 0.35% per annum, payable in arrears in quarterly installments during the term of the term revolving loan. Under the terms of the new agreement, the term revolving loan commitment is scheduled to decline by $2,000,000 annually, beginning on October 31, 2013 and each anniversary date thereafter. The maturity date of the term revolving loan is September 1, 2016.

	Subordinated Convertible Debt

	On May 17, 2013, HLBE's previous Board of Governors loaned HLBE approximately $1,400,000 as part of the subordinated convertible debt offering. An additional $3,700,000 was raised as part of a subordinated convertible debt offering during September 2013. The convertible secured debt is subordinated to the AgStar debt. The notes bear interest at 7.25% and are due on October 1, 2018. On October 1, 2014, or immediately prior to the sale of all or effectively all of HLBE assets, each note is convertible into Class A stock at a rate of $0.30 per Class A unit. The Company reserves the right to issue Class B units upon conversion if the principal balance of the convertible debt exceeds the authorized Class A units at the conversion date. At the issuance, each debt holder had the option to convert to Class A units. As a result, holders elected to convert $934,500 in September 2013 for 3,115,000 Class A units. The notes outstanding on April 30, 2014 could be converted into 13,810,000 units.

	On May 2, 2014, HLBE issued a notice that it intends to redeem all of the outstanding principal amount of the subordinated convertible debt on July 1, 2014. The announced redemption is pursuant to the HLBE's "optional redemption" right in the indenture governing the notes. The notes, which have an outstanding principal balance of $4,143,000, will be redeemed at a redemption price equal to 100% of the aggregate principal amount plus accrued and unpaid interest to, but excluding, the redemption date. HLBE's obligation to pay the redemption price on the redemption date is subject to the right of the holders of the notes to elect to convert the principal amount of their Notes into capital units of HLBE at a conversion rate of $0.30 per unit. To the extent holders of the notes do not elect to convert the notes called for redemption prior to the redemption date, HLBE expects to use a combination of cash and borrowings under its credit facilities to fund the redemption price. As of June 16, 2014, approximately $2.7 million of the Notes had been submitted for conversion into 8,857,500 capital units of HLBE.


	Long-term debt consists of the following:



			April 30,				31-Oct-13
			2014
		Granite Falls Energy:	(unaudited)
		Capital One Shuttlewagon Railcar Mover. This note was paid in full January 2014.	$	—			$	382,918

		Revolving Term Loan - see terms above	—				2,513,674

		Heron Lake BioEnergy:
		Term note payable to lending institution (including premium of approximately $1.6m) - see terms above	17,333,797				18,317,800

		Revolving term note payable to lending institution - see terms above	—				6,263,158

		Assessments payable	2,588,414				2,604,678

		Note payable to electrical company	256,250				293,750

		Note payable on pipeline assets (Agrinatural)	1,550,374				1,013,132

		Note payable to non-controlling interest member of Agrinatural.	300,000				300,000

		Corn oil recovery system note payable	378,380				640,653

		Subordinated Convertible Debt - see terms above.	4,143,000				4,143,000

		Total debt	26,550,215				36,472,763

		Less: Current Maturities	(7,579,332		)		(3,490,808		)
	Total Long-Term Debt	$	18,970,883			$	32,981,955

Leases

Leases	6 Months Ended
Leases	Apr. 30, 2014
Leases [Abstract]	'
Leases	'
	LEASES

	GFE leases equipment, primarily rail cars, under operating leases through 2018. Rent expense for these leases was approximately $551,500 and $503,500 for the three month periods ended April 30, 2014 and 2013, respectively. Rent expense for these leases was approximately $1,089,000 and $1,041,000 for the six month periods ended April 30, 2014 and 2013, respectively.

	HLBE leases equipment, primarily rail cars, under operating leases through 2017. Rent expense for these leases was approximately $375,000 and $823,000 for the three and six month periods ended April 30, 2014, respectively.

Members_Equity

Members' Equity	6 Months Ended
Members' Equity	Apr. 30, 2014
Members' Equity [Abstract]	'
Members' Equity	'
	MEMBERS' EQUITY

	GFE has one class of membership units. The units have no par value and have identical rights, obligations and privileges. Income and losses are allocated to all members based upon their respective percentage of units held. As of April 30, 2014 and October 31, 2013, GFE had 30,606 membership units authorized, issued, and outstanding.

	In December 2013, the Board of Governors declared a cash distribution of $180 per unit or $5,509,080 for unit holders of record as of December 19, 2013. The distribution was paid on December 31, 2013.

Commitments_and_Contingencies

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Apr. 30, 2014
Commitments and Contingencies [Abstract]	'
Commitments and Contingencies	'
	COMMITMENTS AND CONTINGENCIES

	Corn Storage and Grain Handling Agreement and Purchase Commitments

	GFE has a corn storage and grain handling agreement with Farmers Cooperative Elevator Company (FCE), a member. Under the current agreement, the Company agrees to purchase all of the corn needed for the operation of the plant from FCE. The price of the corn purchased will be the bid price the member establishes for the plant plus a set fee per bushel.

	At October 31, 2013, GFE also had 550,000 bushels of stored corn totaling approximately $2,346,000 with FCE that is included in inventory. All of this corn was consumed in production during the three months ended January 31, 2014.

	At April 30, 2014, GFE had basis contracts for forward corn purchase commitments with FCE for 1,850,000 bushels for deliveries through October 2014.

	At April 30, 2014, HLBE had basis contracts for forward corn purchase commitments for approximately 2,710,000 bushels for deliveries through December 2014.

	Ethanol Contracts

	At April 30, 2014, GFE had forward contracts to sell approximately $14,000,000 of ethanol for various delivery periods from May 2014 through July 2014 which approximates 40% of its anticipated ethanol sales during that period.

	At April 30, 2014, HLBE had forward contracts to sell approximately $14,000,000 of ethanol for various delivery periods from May 2014 through July 2014 which approximates 40% of its anticipated ethanol sales during that period.

	Distillers Grain Contracts

	At April 30, 2014, GFE had forward contracts to sell approximately $1,875,000 of distillers grain for deliveries in May 2014 through September 2014 which approximates 14% of its anticipated distillers grain sales during that period.

	At April 30, 2014, HLBE had forward contracts to sell approximately $2,056,000 of distillers grains for delivery in May 2014 through September 2014 which approximates 16% of its anticipated distillers grain sales during that period.

	Natural Gas

	At April 30, 2014, HLBE has natural gas agreements with a minimum purchase commitment of approximately 1.6 million MMBTU per year until October 2014.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies Level 2 (Policies)	6 Months Ended
	Apr. 30, 2014
Accounting Policies [Abstract]	'
Basis of Presentation and Significant Accounting Policies [Text Block]	'
	Basis of Presentation and Principles of Consolidation

	The accompanying financial statements consolidate the operating results and financial position of Granite Falls Energy, LLC (“GFE” or the “Company”), and its wholly owned subsidiary, Project Viking, L.L.C. ("Project Viking") which owns 60.8% of Heron Lake BioEnergy, LLC (“HLBE”). The remaining 39.2% ownership of HLBE is included in the consolidated financial statements as a non-controlling interest. HLBE, through its wholly owned subsidiary, HLBE Pipeline Company, LLC, owns 73% of Agrinatural Gas, LLC ("Agrinatural"). Given HLBE's control over the operations of Agrinatural and its majority voting interest, HLBE consolidates the financial statements of Agrinatural with its consolidated financial statements, with the equity and earnings (loss) attributed to the remaining 27% noncontrolling interest. All intercompany balances and transactions are eliminated in consolidation.

	The accompanying condensed consolidated balance sheet as of October 31, 2013 is derived from audited consolidated financial statements. The unaudited interim condensed consolidated financial statements of the Company reflect all adjustments consisting only of normal recurring adjustments that are, in the opinion of management, necessary for a fair presentation of financial position and results of operations and cash flows. The results for the three and six month periods ended April 30, 2014 are not necessarily indicative of the results that may be expected for a full fiscal year. Certain information and note disclosures normally included in annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) are condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”), although the Company believes that the disclosures made are adequate to make the information not misleading. These condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto included in its annual report for the year ended October 31, 2013 filed on Form 10-K with the SEC.
Nature of Operations [Text Block]	'
	Nature of Business

	GFE is a Minnesota limited liability company currently producing fuel-grade ethanol, distillers grains, and crude corn oil near Granite Falls, Minnesota and sells these products, pursuant to marketing agreements, throughout the continental United States. GFE's plant has an approximate annual production capacity of 60 million gallons, but is currently permitted to produce up to 70 million gallons of undenatured ethanol on a twelve month rolling sum basis.

	HLBE is a Minnesota limited liability company currently producing fuel-grade ethanol, distillers grains, and crude corn oil near Heron Lake, Minnesota and sells these products, pursuant to marketing agreements, throughout the continental United States. HLBE's plant has an approximate annual production capacity of 50 million gallons, but is currently permitted to produce up to 59.2 million gallons.
Use of Estimates, Policy [Policy Text Block]	'
	Accounting Estimates

	Management uses estimates and assumptions in preparing these condensed consolidated financial statements in accordance with generally accepted accounting principles in the United States of America. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. The Company uses estimates and assumptions in accounting for the following significant matters, among others: economic lives of property, plant, and equipment, valuation of commodity derivatives and inventory, the assumptions used in the impairment analysis of long-lived assets and goodwill, and the assumptions used to estimate the fair market value of acquired assets and liabilities. Actual results may differ from previously estimated amounts, and such differences may be material to our condensed consolidated financial statements. The Company periodically reviews estimates and assumptions, and the effects of revisions are reflected in the period in which the revision is made.
Revenue Recognition, Policy [Policy Text Block]	'
	Revenue Recognition

	The Company generally sells ethanol and related products pursuant to marketing agreements. Revenues from the production of ethanol and the related products are recorded when the customer has taken title and assumed the risks and rewards of ownership, prices are fixed or determinable and collectability is reasonably assured. Ethanol and related products are generally shipped free on board (FOB) shipping point. The Company believes there are no ethanol sales, during any given month, which should be considered contingent and recorded as deferred revenue.

	In accordance with the Company's agreements for the marketing and sale of ethanol and related products, marketing fees and commissions due to the marketers are deducted from the gross sales price as earned. These fees and commissions are recorded net of revenues, as they do not provide an identifiable benefit that is sufficiently separable from the sale of ethanol and related products. Shipping costs paid by the Company to the marketer in the sale of ethanol are not specifically identifiable and, as a result, are recorded based on the net selling price reported to the Company from the marketer. Shipping costs incurred by the Company in the sale of distillers grains and corn oil are included in cost of goods sold.
Derivatives, Policy [Policy Text Block]	'
	Derivative Instruments

	From time to time the Company enters into derivative transactions to hedge its exposures to commodity price fluctuations. The Company is required to record these derivatives on the balance sheets at fair value.

	In order for a derivative to qualify as a hedge, specific criteria must be met and appropriate documentation maintained. Gains and losses from derivatives that do not qualify as hedges, or are undesignated, must be recognized immediately in earnings. If the derivative does qualify as a hedge, depending on the nature of the hedge, changes in the fair value of the derivative will be either offset against the change in fair value of the hedged assets, liabilities, or firm commitments through earnings or recognized in other comprehensive income until the hedged item is recognized in earnings. Changes in the fair value of undesignated derivatives are recorded in earnings.

	Additionally, the Company is required to evaluate its contracts to determine whether the contracts are derivatives. Certain contracts that literally meet the definition of a derivative may be exempted as “normal purchases or normal sales”. Normal purchases and normal sales are contracts that provide for the purchase or sale of something other than a financial instrument or derivative instrument that will be delivered in quantities expected to be used or sold over a reasonable period in the normal course of business. Contracts that meet the requirements of normal purchases or sales are documented as normal and exempted from accounting and reporting requirements, and therefore, are not marked to market in our condensed consolidated financial statements.

	In order to reduce the risks caused by market fluctuations, the Company occasionally hedges its anticipated corn, natural gas, and denaturant purchases and ethanol sales by entering into options and futures contracts. These contracts are used with the intention to fix the purchase price of anticipated requirements for corn in the Company's ethanol production activities and the related sales price of ethanol. The fair value of these contracts is based on quoted prices in active exchange-traded or over-the-counter market conditions. Although the Company believes its commodity derivative positions are economic hedges, none have been formally designated as a hedge for accounting purposes and derivative positions are recorded on the balance sheet at their fair market value, with changes in fair value recognized in current period earnings or losses. The Company does not enter into financial instruments for trading or speculative purposes.

	The Company has adopted authoritative guidance related to “Derivatives and Hedging,” and has included the required enhanced quantitative and qualitative disclosure about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of gains and losses from derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. See further discussion in Note 4.
Business Combinations Policy [Policy Text Block]	'
	Business Combinations

	The Company allocates the total purchase price of a business combination to the assets acquired and the liabilities assumed based on their estimated fair values at the acquisition date, with the excess purchase price recorded as goodwill. The Company used current market data to assist them in determining the fair value of the assets acquired and liabilities assumed, including goodwill, based on recognized business valuation methodology. Subsequent to the acquisition but not to exceed one year from the acquisition date, the Company will record any material adjustments retrospectively to the initial estimate based on new information obtained about facts and circumstances that existed as of the acquisition date. The Company expenses any acquisition-related costs as incurred in connection with business combinations. An income, market or cost valuation method may be utilized to estimate the fair value of the assets acquired or liabilities assumed in a business combination. The income valuation method represents the present value of future cash flows over the life of the asset using (i) discrete financial forecasts, which rely on management's estimates of revenue and operating expenses, (ii) long-term growth rates, and (iii) an appropriate discount rate. The market valuation method uses prices paid for a reasonably similar asset by other purchasers in the market, with adjustments relating to any differences between the assets. The cost valuation method is based on the replacement cost of a comparable asset at prices at the time of the acquisition reduced for depreciation of the asset.

Inventory_Level_3_Tables

Inventory Level 3 (Tables) (USD $)	6 Months Ended
	Apr. 30, 2014
Inventory [Abstract]	'
Schedule of Inventory, Current [Table Text Block]	'
	Inventories consist of the following:


		April 30, 2014
		(Unaudited)		October 31, 2013
	Raw materials	$	3,141,846	$	4,652,465

	Spare parts	1,756,980		1,636,466

	Work in process	2,061,099		1,643,574

	Finished goods	2,049,434		4,437,772

	Totals	$	9,009,359	$	12,370,277

Lower of Cost or Market Adjustment	$0

Derivative_Instruments_Tables

Derivative Instruments (Tables)	6 Months Ended
	Apr. 30, 2014							Apr. 30, 2013
Derivatives, Fair Value [Line Items]	'							'
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	'							'
	The following tables provide details regarding the Company's derivative instruments at April 30, 2014, none of which were designated as hedging instruments:							The following tables provide details regarding the Company's derivative instruments at October 31, 2013, none of which are designated as hedging instruments:


			Balance Sheet location	Assets		Liabilities				Balance Sheet location	Assets		Liabilities
		Corn contracts - GFE	Commodity derivative instruments	$	298,250	$	—		Corn contracts - GFE	Commodity derivative instruments	$	—	$	(75,113	)

		Corn contracts - HLBE	Commodity derivative instruments	64,188		—			Totals		$	—	$	(75,113	)

		Totals		$	362,438	$	—

Derivative_Instruments_Derivat

Derivative Instruments Derivative presentation in equity (Tables)	6 Months Ended
	Apr. 30, 2014
Derivative Instruments, Gain (Loss) [Line Items]	'
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]	'


			Statement of Operations location	Three Months Ended
				April 30,
				2014		2013

		Corn contracts	Cost of Goods Sold	$	1,643,325	$	(248,955	)

		Total Gain (Loss)		$	1,643,325	$	(248,955	)



			Statement of Operations location	Six Months Ended
				April 30,
				2014		2013

		Corn contracts	Cost of Goods Sold	$	1,602,553	$	26,582

		Total Gain		$	1,602,553	$	26,582

LongTerm_Debt_Level_3_Tables

Long-Term Debt Level 3 (Tables)	6 Months Ended
	Apr. 30, 2014
Item 6. Long-Term Debt [Abstract]	'
Schedule of Long-term Debt Instruments [Table Text Block]	'
	ng-term debt consists of the following:



			April 30,			31-Oct-13
			2014
		Granite Falls Energy:	(unaudited)
		Capital One Shuttlewagon Railcar Mover. This note was paid in full January 2014.	$	—		$	382,918

		Revolving Term Loan - see terms above	—			2,513,674

		Heron Lake BioEnergy:
		Term note payable to lending institution (including premium of approximately $1.6m) - see terms above	17,333,797			18,317,800

		Revolving term note payable to lending institution - see terms above	—			6,263,158

		Assessments payable	2,588,414			2,604,678

		Note payable to electrical company	256,250			293,750

		Note payable on pipeline assets (Agrinatural)	1,550,374			1,013,132

		Note payable to non-controlling interest member of Agrinatural.	300,000			300,000

		Corn oil recovery system note payable	378,380			640,653

		Subordinated Convertible Debt - see terms above.	4,143,000			4,143,000

		Total debt	26,550,215			36,472,763

		Less: Current Maturities	(7,579,332		)	(3,490,808		)
		Total Long-Term Debt	$	18,970,883		$	32,981,955

LongTerm_Debt_Long_Term_Debt_T

Long-Term Debt Long Term Debt (Tables)	6 Months Ended
	Apr. 30, 2014
Statement of Financial Position [Abstract]	'
Schedule of Long-term Debt Instruments [Table Text Block]	'
	ng-term debt consists of the following:



			April 30,			31-Oct-13
			2014
		Granite Falls Energy:	(unaudited)
		Capital One Shuttlewagon Railcar Mover. This note was paid in full January 2014.	$	—		$	382,918

		Revolving Term Loan - see terms above	—			2,513,674

		Heron Lake BioEnergy:
		Term note payable to lending institution (including premium of approximately $1.6m) - see terms above	17,333,797			18,317,800

		Revolving term note payable to lending institution - see terms above	—			6,263,158

		Assessments payable	2,588,414			2,604,678

		Note payable to electrical company	256,250			293,750

		Note payable on pipeline assets (Agrinatural)	1,550,374			1,013,132

		Note payable to non-controlling interest member of Agrinatural.	300,000			300,000

		Corn oil recovery system note payable	378,380			640,653

		Subordinated Convertible Debt - see terms above.	4,143,000			4,143,000

		Total debt	26,550,215			36,472,763

		Less: Current Maturities	(7,579,332		)	(3,490,808		)
		Total Long-Term Debt	$	18,970,883		$	32,981,955

Summary_of_Significant_Account2

Summary of Significant Accounting Policies narrative (Details)	3 Months Ended
	Apr. 30, 2014
	gal
Plant production capacity	60,000,000
Production (Actual)	70,000,000
Measurement, Rolling Twelve Months	'twelve
Heron Lake Bioenergy [Member]	'
Noncontrolling Interest, Ownership Percentage by Parent	60.80%
Plant production capacity	50,000,000
Production (Actual)	59,000,000
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	39.20%
Agrinatural, LLC [Member]	'
Noncontrolling Interest, Ownership Percentage by Parent	73.00%
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	27.00%

Risks_and_Uncertainties_Detail

Risks and Uncertainties (Details)	6 Months Ended
Risks and Uncertainties (Details)	Apr. 30, 2014
Risks and Uncertainties [Abstract]	'
Risks and Uncertainties [Text Block]	'
	RISKS AND UNCERTAINTIES

	The Company has certain risks and uncertainties that it experiences during volatile market conditions. These volatilities can have a severe impact on operations. The Company's revenues are derived from the sale and distribution of ethanol, distillers grains, and corn oil to customers primarily located in the United States. Corn for the production process is supplied to our plant primarily from local agricultural producers and from purchases on the open market. Ethanol sales typically average 80 - 85% of total revenues and corn costs typically average 70 - 80% of cost of goods sold.

	The Company's operating and financial performance is largely driven by the prices at which they sell ethanol and the net expense of corn. The price of ethanol is influenced by factors such as supply and demand, the weather, government policies and programs, and unleaded gasoline prices and the petroleum markets as a whole. Excess ethanol supply in the market, in particular, puts downward pressure on the price of ethanol. Our largest cost of production is corn. The cost of corn is generally impacted by factors such as supply and demand, the weather, government policies and programs, and our risk management program used to protect against the price volatility of these commodities.
Minimum [Member]	'
Concentration Risk [Line Items]	'
Percent of Cost of Goods Sold	70.00%
Minimum [Member] \| Ethanol Contracts [Member]	'
Concentration Risk [Line Items]	'
Sales Revenue, Goods, Net	80.00%
Maximum [Member]	'
Concentration Risk [Line Items]	'
Percent of Cost of Goods Sold	100.00%
Maximum [Member] \| Ethanol Contracts [Member]	'
Concentration Risk [Line Items]	'
Sales Revenue, Goods, Net	85.00%

Inventory_Details_Details

Inventory Details (Details) (USD $)	6 Months Ended
Inventory Details (Details) (USD $)	Apr. 30, 2014	Oct. 31, 2013
Inventory [Abstract]	'	'
Lower of Cost or Market Adjustment	$0	'
Raw materials	3,141,846	4,652,465
Spare parts	1,756,980	1,636,466
Work in process	2,061,099	1,643,574
Finished goods	2,049,434	4,437,772
Inventory, Net	$9,009,359	$12,370,277

Derivative_Instruments_Details

Derivative Instruments (Details) (USD $)	6 Months Ended			3 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Oct. 31, 2013	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Oct. 31, 2013	Apr. 30, 2014
	bu		bu	Corn Contracts [Member]	Corn Contracts [Member]	Granite Falls Energy, LLC [Member]	Granite Falls Energy, LLC [Member]	Heron Lake BioEnergy, LLC [Member]
						Corn Contracts [Member]	Corn Contracts [Member]	Corn Contracts [Member]
Derivative [Line Items]	'	'	'	'	'	'	'	'
Derivative, Gain (Loss) on Derivative, Net	'	'	'	$1,643,325	($248,955)	'	'	'
Proceeds from Short-term Debt	1,602,553	26,582	'	'	'	'	'	'
Outstanding corn derivative instrument	1,555,000	'	1,125,000	'	'	'	'	'
Derivative Assets, Current	362,438	'	0	'	'	298,250	0	64,188
Commodity derivative instruments	$0	'	$75,113	'	'	$0	$75,113	$0

Revolving_Line_of_Credit_Detai

Revolving Line of Credit (Details) (USD $)	6 Months Ended				3 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2014	Apr. 30, 2014	Apr. 30, 2013
	Savings Account Balance Requirement [Member]	Savings Account Balance Requirement [Member]	Heron Lake Bioenergy [Member]	Heron Lake Bioenergy [Member]	Rail Cars [Member]	Rail Cars [Member]
	Granite Falls Energy, LLC [Member]	Granite Falls Energy, LLC [Member]		Fixed Term Note [Member]	Heron Lake Bioenergy [Member]	Heron Lake Bioenergy [Member]
				AgStar [Member]
Line of Credit Facility [Line Items]	'	'	'	'	'	'
Debt Instrument, Redemption Price, Percentage	'	'	100.00%	'	'	'
Operating Leases, Rent Expense	'	'	'	'	$375,000	$823,000
Debt Instrument, Periodic Payment	'	'	'	$223,000	'	'
Debt Instrument, Covenant Description	'0	'0	'	'	'	'

Revolving_Line_of_Credit_Line_

Revolving Line of Credit Line of Credit (Details) (USD $)

3 Months Ended

1 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

0 Months Ended

Apr. 30, 2014

Oct. 31, 2013

Apr. 30, 2014

Oct. 31, 2013

Sep. 30, 2013

Apr. 30, 2014

Oct. 31, 2013

17-May-13

Apr. 30, 2014

Oct. 31, 2013

Apr. 30, 2014

Oct. 31, 2013

Apr. 30, 2014

Oct. 31, 2013

Apr. 30, 2014

Oct. 31, 2013

Apr. 30, 2014

Oct. 31, 2013

Apr. 30, 2014

Oct. 31, 2013

Apr. 30, 2014

Oct. 31, 2013

Apr. 30, 2014

Oct. 31, 2013

Apr. 30, 2014

Oct. 31, 2013

Apr. 30, 2014

Apr. 30, 2013

Jun. 16, 2014

Revolving Operating Loan [Member]

Revolving Term Loan [Member]

Heron Lake Bioenergy [Member]

Agrinatural, LLC [Member]

AgStar [Member]

Federated Electric [Member]

SRS [Member]

Granite Falls Energy, LLC [Member]

Interest Rate, 6.55% [Member]

Savings Account Balance Requirement [Member]

Subsequent Event [Member]

Revolving Operating Loan [Member]

Revolving Term Loan [Member]

Corn Oil Separation Equipment Loan [Member]

Heron Lake Bioenergy [Member]

Shuttlewagon Railcar Mover [Member]

Revolving Term Loan [Member]

City/County Juristiction [Member]

Granite Falls Energy, LLC [Member]

Heron Lake Bioenergy [Member]

Revolving Term Loan [Member]

Fixed Term Note [Member]

Heron Lake Bioenergy [Member]

Debt Instrument [Line Items]

Debt Instrument, Covenant Description

Debt Instrument, Basis Spread on Variable Rate

5.00%

Line of Credit Facility, Amount Outstanding

$2,513,674

$17,333,797

$18,317,800

$6,263,158

$382,918

$2,513,674

Convertible Subordinated Debt

3,700,000

4,143,000

1,400,000

Subordinated Borrowing, Interest Rate

7.25%

Long-term Debt

26,550,215

36,472,763

5,600,000

18,000,000

378,380

640,653

300,000

256,250

293,750

1,550,374

1,013,132

2,588,414

2,604,678

Long-term Debt, Current Maturities

-7,579,332

-3,490,808

Long-Term Debt, less current portion

18,970,883

32,981,955

Line of Credit Future Reduction, Amount

2,000,000

Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum

3.50%

Line of Credit Facility, Interest Rate Description

'"One Month LIBOR Index Rate," plus 2.8% and 3.05%

'LIBOR

'LIBOR plus 3.50% but not less than 5%

Letters of Credit Outstanding, Amount

288,928

Debt Instrument, Interest Rate, Stated Percentage

5.75%

Line of Credit Facility, Unused Capacity, Commitment Fee Percentage

0.35%

Line of Credit Facility, Remaining Borrowing Capacity

5,711,000

20,500,000

17,400,000

Debt Instrument, Amortization Period

'10 years

Line of Credit Facility, Expiration Date

1-Sep-16

Line of Credit Facility, Excess Cash Flow Payment, Percentage

25.00%

Line of Credit Facility, Excess Cash Flow Payment

2,000,000

Debt Instrument, Convertible, Number of Equity Instruments

13,810,000

Debt Instrument, Convertible, Conversion Price

$0.30

Debt Conversion, Converted Instrument, Amount

$934,500

$2,700,000

Debt Conversion, Converted Instrument, Shares Issued

3,115,000

8,857,500

LongTerm_Debt_capital_lease_De

Long-Term Debt capital lease (Details) (Granite Falls Energy, LLC [Member])	6 Months Ended	12 Months Ended
	Apr. 30, 2014	Oct. 31, 2013
Revolving Operating Loan [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt Instrument, Interest Rate During Period	3.21%	3.21%
Revolving Term Loan [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt Instrument, Interest Rate During Period	3.21%	3.21%

Leases_Details

Leases (Details) (Rail Cars [Member], USD $)	3 Months Ended		6 Months Ended
Leases (Details) (Rail Cars [Member], USD $)	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Apr. 30, 2013
Granite Falls Energy, LLC [Member]	'	'	'	'
Operating Leases, Rent Expense	$551,500	$503,500	$1,089,000	$1,041,000
Heron Lake Bioenergy [Member]	'	'	'	'
Operating Leases, Rent Expense	$375,000	$823,000	'	'

Members_Equity_Details

Members' Equity (Details) (USD $)	6 Months Ended
Members' Equity (Details) (USD $)	Apr. 30, 2014	Apr. 30, 2013
Class of Stock [Line Items]	'	'
Limited Partners' Capital Account, Units Outstanding	30,606	30,606
Distribution Made to Limited Partner, Distributions Declared, Per Unit	$180	'
Distribution Made to Limited Partner, Cash Distributions Declared	$5,509,080	'

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	3 Months Ended	6 Months Ended
	Apr. 30, 2014	Apr. 30, 2014
	bu	bu
Ethanol Contracts [Member]	'	'
Revenue Concentration, Future Commitment	40.00%	'
Distillers Grains [Member]	'	'
Future Commitment, Dollar	$1,875,000	'
Revenue Concentration, Future Commitment	14.00%	'
Granite Falls Energy, LLC [Member] \| Ethanol Contracts [Member]	'	'
Future Commitment, Dollar	14,000,000	'
Heron Lake Bioenergy [Member] \| Ethanol Contracts [Member]	'	'
Future Commitment, Dollar	14,000,000	'
Revenue Concentration, Future Commitment	40.00%	'
Heron Lake Bioenergy [Member] \| Distillers Grains [Member]	'	'
Future Commitment, Dollar	2,056,000	'
Revenue Concentration, Future Commitment	16.00%	'
Natural Gas [Member] \| Heron Lake Bioenergy [Member]	'	'
Purchase Commitment, Remaining Minimum Amount Committed	1,600,000	'
FCE [Member] \| Corn Contracts [Member]	'	'
Future Commitment	'	1,850,000
Inventory, Outside storage	550,000	'
Inventory Dollars, Outside Storage	$2,346,000	'
Other Companies [Member] \| Corn Contracts [Member]	'	'
Future Commitment	'	2,710,000