Green Plains (GPRE) 10-Q 6 May 20 2020 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2020	May 01, 2020
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2020
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2020
Entity File Number	001-32924
Entity Registrant Name	Green Plains Inc.
Entity Central Index Key	0001309402
Entity Incorporation, State or Country Code	IA
Entity Tax Identification Number	84-1652107
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		35,494,087
Entity Small Business	false
Entity Emerging Growth Company	false
Title of 12(b) Security	Common Stock, par value $0.001 per share
Trading Symbol	GPRE
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Amendment Flag	false
Entity Address, Address Line One	1811 Aksarben Drive
Entity Address, City or Town	Omaha
Entity Address, State or Province	NE
Entity Address, Postal Zip Code	68106
City Area Code	402
Local Phone Number	884-8700
Entity Shell Company	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands		Mar. 31, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents		$ 194,333	$ 245,977
Restricted cash		11,191	23,919
Accounts receivable, net of allowances of $196 and $166, respectively		34,447	107,183
Income taxes receivable		42,367	6,216
Inventories		214,336	252,992
Prepaid expenses and other		12,550	13,685
Derivative financial instruments		57,161	17,941
Total current assets		566,385	667,913
Property and equipment, net of accumulated depreciation and amortization of $504,325 and $486,677, respectively		843,466	827,271
Operating lease right-of-use assets		53,909	52,476
Investment in equity method investees		131,113	68,998
Other assets		43,225	81,560
Total assets	[1]	1,638,098	1,698,218
Current liabilities
Accounts payable		96,053	156,693
Accrued and other liabilities		35,637	39,384
Derivative financial instruments		15,589	8,721
Operating lease current liabilities		16,094	16,626
Short-term notes payable and other borrowings		167,043	187,812
Current maturities of long-term debt		130,785	132,555
Total current liabilities		461,201	541,791
Long-term debt		247,210	243,990
Operating lease long-term liabilities		40,383	38,314
Other liabilities		9,224	8,837
Total liabilities		758,018	832,932
Commitments and contingencies (Note 14)
Stockholders’ equity
Common stock, $0.001 par value; 75,000,000 shares authorized; 47,307,248 and 46,964,115 shares issued, and 35,494,087 and 36,031,933 shares outstanding, respectively		47	47
Additional paid-in capital		734,616	734,580
Retained earnings		131,705	148,150
Accumulated other comprehensive loss		30,939	(11,064)
Treasury stock, 11,813,161 and 10,932,182 shares, respectively		(131,287)	(119,808)
Total Green Plains stockholders’ equity		766,020	751,905
Noncontrolling interests		114,060	113,381
Total stockholders’ equity		880,080	865,286
Total liabilities and stockholders’ equity		$ 1,638,098	$ 1,698,218
[1]	Asset balances by segment exclude intercompany balances

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Consolidated Balance Sheets [Abstract]
Accounts receivable, allowances	$ 196	$ 166
Property, and equipment, accumulated depreciation and amortization	$ 504,325	$ 486,677
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	47,307,248	46,964,115
Common stock, shares outstanding	35,494,087	36,031,933
Treasury stock, shares	11,813,161	10,932,182

Consolidated Statements Of Oper

Consolidated Statements Of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Revenues
Revenues	$ 632,869	$ 438,641	[1],[2]
Costs and expenses
Cost of goods sold (excluding depreciation and amortization expenses reflected below)	617,228	434,391	[3]
Operations and maintenance expenses	6,160	6,864
Selling, general and administrative expenses	21,638	18,400
Goodwill impairment	24,091
Depreciation and amortization expenses	18,080	17,624
Total costs and expenses	687,197	477,279
Operating loss from continuing operations	(54,328)	(38,638)
Other income (expense)
Interest income	593	1,186
Interest expense	(9,697)	(9,731)
Other, net	836	912
Total other expense	(8,268)	(7,633)
Loss from continuing operations before income taxes and income (loss) from equity method investees	(62,596)	(46,271)
Income tax benefit	44,283	12,943
Income (loss) from equity method investees, net of income taxes	7,966	(74)
Net loss from continuing operations including noncontrolling interest	(10,347)	(33,402)
Net loss from discontinued operations, net of income taxes		(4,469)
Net loss	(10,347)	(37,871)
Net income attributable to noncontrolling interests	6,098	4,928
Net loss attributable to Green Plains	$ (16,445)	$ (42,799)
Earnings per share - basic and diluted
Net loss from continuing operations	$ (0.47)	$ (0.95)
Net loss from discontinued operations		(0.11)
Net loss attributable to Green Plains	$ (0.47)	$ (1.06)
Weighted average shares outstanding:
Basic	34,665	40,315
Diluted	34,665	40,315
Product [Member]
Revenues
Revenues	$ 631,581	$ 436,336
Service [Member]
Revenues
Revenues	$ 1,288	$ 2,305
[1]	Product revenues, costs of goods sold and selling, general and administrative expenses include certain revenue and expense items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These revenue and costs of goods sold transactions total $ 3.4 million for the three months ended March 31, 2019.
[2]	Revenues include certain items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These revenue transactions are now presented on a gross basis in product revenues. These revenue transactions total $ 3.4 million for the three months ended March 31, 2019.
[3]	Cost of goods sold include certain items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These cost of goods sold transactions are now presented on a gross basis in cost of goods sold. These cost of goods sold transactions total $ 3.4 million for the three months ended March 31, 2019.

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Consolidated Statements Of Comprehensive Income [Abstract]
Net loss	$ (10,347)	$ (37,871)
Other comprehensive income (loss), net of tax:
Unrealized gains (losses) on derivatives arising during the period, net of tax benefit (expense) of ($1,447) and $2,080, respectively	4,532	(6,883)
Reclassification of realized losses (gains) on derivatives, net of tax expense (benefit) of $1,432 and ($3,140), respectively	(4,485)	10,376
Other comprehensive income (loss), net of tax	47	3,493
Share of equity method investees other comprehensive income arising during the period, net of tax expense of $13,359, and $0, respectively	41,956
Total other comprehensive income, net of tax	42,003	3,493
Comprehensive income (loss) attributable to Green Plains	31,656	(34,378)
Comprehensive income attributable to noncontrolling interests	6,098	4,928
Comprehensive income (loss) attributable to Green Plains	$ 25,558	$ (39,306)

Consolidated Statements Of Co_2

Consolidated Statements Of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Consolidated Statements Of Comprehensive Income [Abstract]
Unrealized gains (losses) on derivatives arising during period, tax benefit	$ (1,447)	$ 2,080
Reclassification of realized losses (gains) on derivatives, tax expense (benefit)	1,432	(3,140)
Share of equity method investees other comprehensive income arising during the period, tax benefit	$ 13,359	$ 0

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash flows from operating activities:
Net loss from continuing operations including noncontrolling interest	$ (10,347)	$ (33,402)
Net loss from discontinued operations, net of income taxes		(4,469)
Net loss	(10,347)	(37,871)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	18,080	17,624
Amortization of debt issuance costs and debt discount	5,099	3,262
Goodwill impairment	24,091
Deferred income taxes	(23,895)	(12,927)
Stock-based compensation	1,324	2,485
Income (loss) from equity method investees, net of income taxes	(7,966)	74
Distributions from equity method investments	3,247
Other	6	(81)
Changes in operating assets and liabilities before effects of business combinations and dispositions:
Accounts receivable	72,684	30,456
Inventories	38,626	36,569
Derivative financial instruments	(32,290)	18,141
Prepaid expenses and other assets	1,135	2,637
Accounts payable and accrued liabilities	(58,652)	(59,456)
Current income taxes	(13,251)	(1,564)
Other	(114)	2,843
Net cash provided by operating activities - continuing operations	17,777	2,192
Net cash used in operating activities - discontinued operations		(22,975)
Net cash provided by (used in) operating activities	17,777	(20,783)
Cash flows from investing activities:
Purchases of property and equipment, net	(38,792)	(9,388)
Proceeds from the sale of assets, net		3,155
Other investing activities	(1,098)
Net cash used in investing activities - continuing operations	(39,890)	(6,233)
Net cash used in investing activities - discontinued operations		(1,421)
Net cash used investing activities	(39,890)	(7,654)
Cash flows from financing activities:
Proceeds from the issuance of long-term debt		30,600
Payments of principal on long-term debt	(21)	(29,781)
Proceeds from short-term borrowings	820,264	525,456
Payments on short-term borrowings	(844,316)	(555,687)
Payments for repurchase of common stock	(11,479)
Payments of cash dividends and distributions	(5,498)	(10,334)
Proceeds from disgorgement of shareholder short-swing profits		6,699
Payments related to tax withholdings for stock-based compensation	(1,209)	(1,978)
Net cash used in financing activities - continuing operations	(42,259)	(35,025)
Net cash provided by financing activities - discontinued operations		18,509
Net cash used in financing activities	(42,259)	(16,516)
Net change in cash, cash equivalents and restricted cash	(64,372)	(44,953)
Cash, cash equivalents and restricted cash, beginning of period	269,896	283,284
Discontinued operations cash activity included above:
Add: Cash balance included in current assets of discontinued operations at beginning of period		34,911
Less: Cash balance included current assets of discontinued operations at end of period		24,555
Cash, cash equivalents and restricted cash, end of period	205,524	248,687
Discontinued operations cash activity included above:
Less: Cash, cash equivalents and restricted cash balance included in current assets of discontinued operations at end of period		(24,555)
Total cash, cash equivalents and restricted cash	205,524	248,687
Supplemental disclosures of cash flow:
Cash paid (refunded) for income taxes	(4,663)	29
Cash paid for interest of continuing operations	$ 8,683	7,550
Cash paid for interest of discontinued operations		$ 4,373

Basis Of Presentation, Descript

Basis Of Presentation, Description Of Business And Summary Of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2020
Basis Of Presentation, Description Of Business And Summary Of Significant Accounting Policies [Abstract]
Basis Of Presentation, Description Of Business And Summary Of Significant Accounting Policies	1. BASIS OF PRESENTATION, DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES References to the Company References to “Green Plains” or the “company” in the consolidated financial statements and in these notes to the consolidated financial statements refer to Green Plains Inc., an Iowa corporation, and its subsidiaries. Consolidated Financial Statements The consolidated financial statements include the company’s accounts and all significant intercompany balances and transactions are eliminated. Unconsolidated entities are included in the financial statements on an equity basis. T he company owns a 49.0 % limited partner interest and a 2.0 % general partner interest in Green Plains Partners LP. Public investors own the remaining 49.0 % limited partner interest in the partnership. The company determined that the limited partners in the partnership with equity at risk lack the power, through voting rights or similar rights, to direct the activities that most significantly impact partnership’s economic performance; therefore, the partnership is considered a variable interest entity. The company, through its ownership of the general partner interest in the partnership, has the power to direct the activities that most significantly affect economic performance and is obligated to absorb losses and has the right to receive benefits that could be significant to the partnership. Therefore, the company is considered the primary beneficiary and consolidates the partnership in the company’s financial statements. The assets of the partnership cannot be used by the company for general corporate purposes. The partnership’s consolidated total assets as of March 31, 2020 and December 31, 2019, excluding intercompany balances, are $ 91.0 million and $ 90.0 million, respectively, and primarily consist of property and equipment, operating lease right-of-use assets and goodwill. The partnership’s consolidated total liabilities as of March 31, 2020 and December 31, 2019, excluding intercompany balances, are $ 182.5 million and $ 180.9 million, respectively, which primarily consist of long-term debt as discussed in Note 9 – Debt and operating lease liabilities. The liabilities recognized as a result of consolidating the partnership do not represent additional claims on our general assets. GPCC, a previously a wholly owned subsidiary of Green Plains, was disposed of during the third quarter of 2019. After closing, GPCC is no longer consolidated in the company’s consolidated financial statements and the GPCC investment is accounted for using the equity method of accounting. Additionally, the company concluded that the disposition of GPCC met the requirements under ASC 205-20 Presentation of Financial Statements – Discontinued Operations (“ASC 205-20”) to be presented as discontinued operations. As such, GPCC results prior to its disposition are classified as discontinued operations in prior period consolidated financial statements. See Note 3 - Dispositions and Discontinued Operations for further details. The company also owns a 90.0 % interest in BioProcess Algae, a joint venture formed in 2008, and consolidates their results in its consolidated financial statements. The accompanying unaudited consolidated financial statements are prepared in accordance with GAAP for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X. Because they do not include all of the information and notes required by GAAP, the consolidated financial statements should be read in conjunction with the company’s annual report on Form 10-K for the year ended December 31, 2019, as filed with the SEC on February 20, 2020. The unaudited financial information reflects adjustments, which are, in the opinion of management, necessary for a fair presentation of results of operations, financial position and cash flows for the periods presented. The adjustments are normal and recurring in nature, unless otherwise noted. Interim period results are not necessarily indicative of the results to be expected for the entire year. Reclassifications Certain prior year amounts relating to the discontinued operations of GPCC were reclassified to conform to the current year presentation. These reclassifications affected certain balance sheet line items, total revenues, costs and expenses. Use of Estimates in the Preparation of Consolidated Financial Statements The preparation of consolidated financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. The company bases its estimates on historical experience and assumptions it believes are proper and reasonable under the circumstances and regularly evaluates the appropriateness of its estimates and assumptions. Actual results could differ from those estimates. Key accounting policies, including but not limited to those relating to revenue recognition, operating leases, impairment of long-lived assets and goodwill, derivative financial instruments and accounting for income taxes, are impacted significantly by judgments, assumptions and estimates used in the preparation of the consolidated financial statements. Description of Business The company operates within four business segments: (1) ethanol production, which includes the production of ethanol, distillers grains and corn oil, (2) agribusiness and energy services, which includes grain handling and storage, commodity marketing and merchant trading for company-produced and third-party ethanol, distillers grains, corn oil, natural gas and other commodities, (3) food and ingredients, which includes food-grade corn oil and (4) partnership, which includes fuel storage and transportation services. Cash and Cash Equivalents Cash and cash equivalents includes bank deposits as well as short-term, highly liquid investments with original maturities of three months or less. Restricted Cash The company has restricted cash, which can only be used for funding letters of credit or for payment towards a revolving credit agreement. Restricted cash also includes cash margins and securities pledged to commodity exchange clearinghouses and at times, funds in escrow related to acquisition and disposition activities. To the degree these segregated balances are cash and cash equivalents, they are considered restricted cash on the consolidated balance sheets. Revenue Recognition The company recognizes revenue when obligations under the terms of a contract with a customer are satisfied. Generally this occurs with the transfer of control of products or services. Revenue is measured as the amount of consideration expected to be received in exchange for transferring goods or providing services. Sales, value add, and other taxes the company collects concurrent with revenue-producing activities are excluded from revenue. Sales of ethanol, distillers grains, corn oil, natural gas and other commodities by the company’s marketing business are recognized when obligations under the terms of a contract with a customer are satisfied. Generally, this occurs with the transfer of control of products or services. Revenues related to marketing for third parties are presented on a gross basis as the company controls the product prior to the sale to the end customer, takes title of the product and has inventory risk. Unearned revenue is recorded for goods in transit when the company has received payment but control has not yet been transferred to the customer. Revenues for receiving, storing, transferring and transporting ethanol and other fuels are recognized when the product is delivered to the customer. The company routinely enters into physical-delivery energy commodity purchase and sale agreements. At times, the company settles these transactions by transferring its obligations to other counterparties rather than delivering the physical commodity. Energy trading transactions are reported net as a component of revenue. Revenues include net gains or losses from derivatives related to products sold while cost of goods sold includes net gains or losses from derivatives related to commodities purchased. Revenues also include realized gains and losses on related derivative financial instruments and reclassifications of realized gains and losses on cash flow hedges from accumulated other comprehensive income or loss. Sales of products, including agricultural commodities, are recognized when control of the product is transferred to the customer, which depends on the agreed upon shipment or delivery terms. Revenues related to grain merchandising are presented gross and include shipping and handling, which is also a component of cost of goods sold. Revenues from grain storage are recognized over time as the services are rendered. A substantial portion of the partnership revenues are derived from fixed-fee commercial agreements for storage, terminal or transportation services. The partnership recognizes revenue upon transfer of control of product from its storage tanks and fuel terminals, when railcar volumetric capacity is provided, and as truck transportation services are performed. To the extent shortfalls associated with minimum volume commitments in the previous four quarters continue to exist, volumes in excess of the minimum volume commitment are applied to those shortfalls. Remaining excess volumes generating operating lease revenue are recognized as incurred. Shipping and Handling Costs The company accounts for shipping and handling activities related to contracts with customers as costs to fulfill its promise to transfer the associated products. Accordingly, the company records customer payments associated with shipping and handling costs as a component of revenue, and classifies such costs as a component of cost of goods sold. Cost of Goods Sold Cost of goods sold includes direct labor, materials, shipping and plant overhead costs. Direct labor includes all compensation and related benefits of non-management personnel involved in ethanol production. Grain purchasing and receiving costs, excluding labor costs for grain buyers and scale operators, are also included in cost of goods sold. Materials include the cost of corn feedstock, denaturant, and process chemicals. Corn feedstock costs include gains and losses on related derivative financial instruments not designated as cash flow hedges, inbound freight charges, inspection costs and transfer costs, as well as reclassifications of gains and losses on cash flow hedges from accumulated other comprehensive income or loss. Plant overhead consists primarily of plant utilities, repairs and maintenance and outbound freight charges. Shipping costs incurred by the company, including railcar costs, are also reflected in cost of goods sold. The company uses exchange-traded futures and options contracts and forward purchase and sale contracts to attempt to minimize the effect of price changes on ethanol, grain and natural gas. Exchange-traded futures and options contracts are valued at quoted market prices and settled predominantly in cash. The company is exposed to loss when counterparties default on forward purchase and sale contracts. Grain inventories held for sale and forward purchase and sale contracts are valued at market prices when available or other market quotes adjusted for differences, primarily in transportation, between the exchange-traded market and local market where the terms of the contract is based. Changes in forward purchase contracts and exchange-traded futures and options contracts are recognized as a component of cost of goods sold. Operations and Maintenance Expenses In the partnership segment, transportation expenses represent the primary component of operations and maintenance expenses. Transportation expenses include railcar leases, freight and shipping of the company’s ethanol and co-products, as well as costs incurred storing ethanol at destination terminals. Derivative Financial Instruments The company uses various derivative financial instruments, including exchange-traded futures and exchange-traded and over-the-counter options contracts, to attempt to minimize risk and the effect of commodity price changes including but not limited to, corn, ethanol, natural gas and crude oil. The company monitors and manages this exposure as part of its overall risk management policy to reduce the adverse effect market volatility may have on its operating results. The company may hedge these commodities as one way to mitigate risk; however, there may be situations when these hedging activities themselves result in losses. By using derivatives to hedge exposures to changes in commodity prices, the company is exposed to credit and market risk. The company’s exposure to credit risk includes the counterparty’s failure to fulfill its performance obligations under the terms of the derivative contract. The company minimizes its credit risk by entering into transactions with high quality counterparties, limiting the amount of financial exposure it has with each counterparty and monitoring their financial condition. Market risk is the risk that the value of the financial instrument might be adversely affected by a change in commodity prices or interest rates. The company manages market risk by incorporating parameters to monitor exposure within its risk management strategy, which limits the types of derivative instruments and strategies the company can use and the degree of market risk it can take using derivative instruments. The company evaluates its physical delivery contracts to determine if they qualify for normal purchase or sale exemptions which are expected to be used or sold over a reasonable period in the normal course of business. Contracts that do not meet the normal purchase or sale criteria are recorded at fair value. Changes in fair value are recorded in operating income unless the contracts qualify for, and the company elects, cash flow hedge accounting treatment. Certain qualifying derivatives related to ethanol production and agribusiness and energy services are designated as cash flow hedges. The company evaluates the derivative instrument to ascertain its effectiveness prior to entering into cash flow hedges. Unrealized gains and losses are reflected in accumulated other comprehensive income or loss until the gain or loss from the underlying hedged transaction is realized and the physical transaction is completed. When it becomes probable a forecasted transaction will not occur, the cash flow hedge treatment is discontinued, which affects earnings. These derivative financial instruments are recognized in current assets or current liabilities at fair value. At times, the company hedges its exposure to changes in inventory values and designates qualifying derivatives as fair value hedges. The carrying amount of the hedged inventory is adjusted in the current period for changes in fair value. Ineffectiveness of the hedges is recognized in the current period to the extent the change in fair value of the inventory is not offset by the change in fair value of the derivative.

Revenue

Revenue	3 Months Ended
	Mar. 31, 2020
Revenue [Abstract]
Revenue	2. REVENUE Revenue Recognition Revenue is recognized when obligations under the terms of a contract with a customer are satisfied. Generally this occurs with the transfer of control of products or services. Revenue is measured as the amount of consideration expected to be received in exchange for transferring goods or providing services. Sales, value add, and other taxes the company collects concurrent with revenue-producing activities are excluded from revenue. Revenue by Source The following tables disaggregate revenue by major source for the three months ended March 31, 2020 and 2019 (in thousands): Three Months Ended March 31, 2020 Ethanol Production Agribusiness & Energy Services Food & Ingredients Partnership Eliminations Total Revenues: Revenues from contracts with customers under ASC 606: Ethanol $ - $ - $ - $ - $ - $ - Distillers grains 16,475 - - - - 16,475 Service revenues - - - 1,179 - 1,179 Other 2,959 390 - - - 3,349 Intersegment revenues 25 - - 2,074 ( 2,099 ) - Total revenues from contracts with customers 19,459 390 - 3,253 ( 2,099 ) 21,003 Revenues from contracts accounted for as derivatives under ASC 815 (1) : Ethanol 367,092 126,093 - - - 493,185 Distillers grains 72,527 4,709 - - - 77,236 Corn oil 14,684 5,730 - - - 20,414 Grain 6 7,950 - - - 7,956 Other 1,957 11,009 - - - 12,966 Intersegment revenues - 7,308 - - ( 7,308 ) - Total revenues from contracts accounted for as derivatives 456,266 162,799 - - ( 7,308 ) 611,757 Leasing revenues under ASC 842 (2) : - - - 17,018 ( 16,909 ) 109 Total Revenues $ 475,725 $ 163,189 $ - $ 20,271 $ ( 26,316 ) $ 632,869 Three Months Ended March 31, 2019 (3) Ethanol Production Agribusiness & Energy Services Food & Ingredients Partnership Eliminations Total Revenues: Revenues from contracts with customers under ASC 606: Ethanol $ 620 $ - $ - $ - $ - $ 620 Distillers grains 17,681 - - - - 17,681 Service revenues - - - 2,083 - 2,083 Other 235 178 - - - 413 Intersegment revenues 25 - - 1,392 ( 1,417 ) - Total revenues from contracts with customers 18,561 178 - 3,475 ( 1,417 ) 20,797 Revenues from contracts accounted for as derivatives under ASC 815 (1) : Ethanol 201,158 77,077 - - - 278,235 Distillers grains 36,599 16,459 - - - 53,058 Corn oil 8,613 6,971 1,452 - - 17,036 Grain 136 20,855 - - - 20,991 Other 5,766 42,536 - - - 48,302 Intersegment revenues - 5,132 - - ( 5,132 ) - Total revenues from contracts accounted for as derivatives 252,272 169,030 1,452 - ( 5,132 ) 417,622 Leasing revenues under ASC 842 (2) : - - - 17,612 ( 17,390 ) 222 Total Revenues $ 270,833 $ 169,208 $ 1,452 $ 21,087 $ ( 23,939 ) $ 438,641 (1) Revenues from contracts accounted for as derivatives represent physically settled derivative sales that are outside the scope of ASC 606, where the company recognizes revenue when control of the inventory is transferred within the meaning of ASC 606 as required by ASC 610-20, Gains and Losses from Derecognition of Nonfinancial Assets . (2) Leasing revenues do not represent revenues recognized from contracts with customers under ASC 606, and are accounted for under ASC 842, Leases . (3) Revenues include certain items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These revenue transactions are now presented on a gross basis in product revenues. These revenue transactions total $ 3.4 million for the three months ended March 31, 2019. Major Customer Revenues from one customer represented 19 % and 14 % of total revenues for the three months ended March 31, 2020 and 2019, respectively. Revenues from this customer are reported in the ethanol production segment.

Dispositions And Discontinued O

Dispositions And Discontinued Operations	3 Months Ended
	Mar. 31, 2020
Dispositions And Discontinued Operations [Abstract]
Dispositions And Discontinued Operations	3. DISPOSITIONS AND DISCONTINUED OPERATIONS DISPOSITIONS Disposition of Green Plains Cattle Company LLC On September 1, 2019, the company, TGAM and StepStone formed a joint venture and entered into the LLC Agreement. GPCC was previously a wholly owned subsidiary of Green Plains. Green Plains also entered into a Securities Purchase Agreement with TGAM and StepStone, whereby TGAM and StepStone purchased an aggregate of 50 % of the membership interests of GPCC from Green Plains for approximately $ 76.9 million in cash. There was no gain or loss recorded as part of this transaction. The LLC Agreement contains certain earn-out or bonus provisions to be paid by or received from GPCC if certain EBITDA thresholds are met. The company does not believe these are reasonably estimable and therefore has not recorded these amounts in the consolidated financial statements. Under the LLC Agreement, Green Plains has certain rights and obligations, including but not limited to, the right or obligation: (i) to designate two Managers to the Board of Managers of GPCC (the “Board”), or in the event the size of the Board is increased, the number of Managers equal to two-fifths of the Board, rounded up, and (ii) to fund additional capital contributions in accordance with their percentage interest upon mutual agreement by Green Plains, TGAM and StepStone. Additionally, TGAM and StepStone both have the right or obligation to designate one Manager, or in the event the size of the Board is increased, the number of Managers equal to one-fifths of the Board, rounded up. Each Manager serving on the Board shall have one vote and a majority of the Managers serving on the Board shall constitute a quorum for the transaction of business of the Board. Green Plains’ allocation under the LLC Agreement will be subject to certain adjustments. The assets and liabilities of the GPCC at closing on September 1, 2019 were as follows (in thousands): Amounts of Identifiable Assets Disposed and Liabilities Relinquished Cash $ 2 Accounts receivable, net 17,920 Inventory 387,534 Derivative financial instruments 48,189 Property and equipment 71,678 Other assets 2,291 Current liabilities ( 49,297 ) Short-term notes payable and other borrowings ( 38 ) Current maturities of long-term debt ( 324,028 ) Long-term debt ( 80 ) Other liabilities ( 403 ) Total identifiable net assets disposed $ 153,768 DISCONTINUED OPERATIONS After closing, GPCC is no longer consolidated in the company’s consolidated financial statements and the GPCC investment is accounted for using the equity method of accounting. Additionally, the company concluded that the disposition of GPCC met the requirements under ASC 205-20 . As such, GPCC results prior to its disposition are classified as discontinued operations for all applicable periods. Financial results of GPCC were previously recorded within the food and ingredients segment. Summarized Results of Discontinued Operations The following table presents the results of our discontinued operations for the three months ended March 31, 2019. Three Months Ended March 31, 2019 Product revenues $ 207,085 Costs and expenses Cost of goods sold (excluding depreciation and amortization expenses reflected below) 204,557 Selling, general and administrative expenses 2,284 Depreciation and amortization expenses 1,611 Total costs and expenses 208,452 Operating loss ( 1,367 ) Other income (expense) Interest income 77 Interest expense ( 4,696 ) Total other expense ( 4,619 ) Loss before income taxes ( 5,986 ) Income tax benefit 1,517 Net loss $ ( 4,469 ) (1) Product revenues, costs of goods sold and selling, general and administrative expenses include certain revenue and expense items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These revenue and costs of goods sold transactions total $ 3.4 million for the three months ended March 31, 2019.

Fair Value Disclosures

Fair Value Disclosures	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value Disclosures	4 . FAIR VALUE DISCLOSURES The following methods, assumptions and valuation techniques were used in estimating the fair value of the company’s financial instruments: Level 1 – unadjusted quoted prices in active markets for identical assets or liabilities the company can access at the measurement date. Level 2 – directly or indirectly observable inputs such as quoted prices for similar assets or liabilities in active markets other than quoted prices included within Level 1, quoted prices for identical or similar assets in markets that are not active, and other inputs that are observable or can be substantially corroborated by observable market data through correlation or other means. Grain inventories held for sale in the agribusiness and energy services segment are valued at nearby futures values, plus or minus nearby basis. Level 3 – unobservable inputs that are supported by little or no market activity and comprise a significant component of the fair value of the assets or liabilities. The company currently does not have any recurring Level 3 financial instruments. Derivative contracts include exchange-traded commodity futures and options contracts and forward commodity purchase and sale contracts. Exchange-traded futures and options contracts are valued based on unadjusted quoted prices in active markets and are classified in Level 1. The majority of the company’s exchange-traded futures and options contracts are cash-settled on a daily basis. There have been no changes in valuation techniques and inputs used in measuring fair value. The company’s assets and liabilities by level are as follows (in thousands): Fair Value Measurements at March 31, 2020 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs (Level 1) (Level 2) Total Assets: Cash and cash equivalents $ 194,333 $ - $ 194,333 Restricted cash 11,191 - 11,191 Inventories carried at market - 46,483 46,483 Unrealized gains on derivatives - 22,943 22,943 Other assets 112 - 112 Total assets measured at fair value $ 205,636 $ 69,426 $ 275,062 Liabilities: Accounts payable (1) $ - $ 23,714 $ 23,714 Unrealized losses on derivatives - 15,589 15,589 Total liabilities measured at fair value $ - $ 39,303 $ 39,303 Fair Value Measurements at December 31, 2019 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs (Level 1) (Level 2) Total Assets: Cash and cash equivalents $ 245,977 $ - $ 245,977 Restricted cash 23,919 - 23,919 Inventories carried at market - 73,318 73,318 Unrealized gains on derivatives - 14,515 14,515 Other assets 113 - 113 Total assets measured at fair value $ 270,009 $ 87,833 $ 357,842 Liabilities: Accounts payable (1) $ - $ 37,294 $ 37,294 Unrealized losses on derivatives - 7,771 7,771 Total liabilities measured at fair value $ - $ 45,065 $ 45,065 (1) Accounts payable is generally stated at historical amounts with the exception of $ 23.7 million and $ 37.3 million at March 31, 2020 and December 31, 2019, respectively, related to certain delivered inventory for which the payable fluctuates based on changes in commodity prices. These payables are hybrid financial instruments for which the company has elected the fair value option. The fair value of the company’s debt was approximately $ 556.6 million compared with a book value of $ 545.0 million at March 31, 2020. The fair value of the company’s debt approximated book value, which was $ 564.4 million at December 31, 2019. The company estimated the fair value of its outstanding debt using Level 2 inputs. The company believes the fair values of its accounts receivable approximated book value, which was $ 34.4 million and $ 107.2 million at March 31, 2020 and December 31, 2019, respectively. Although the company currently does not have any recurring Level 3 financial measurements, the fair values of tangible assets and goodwill acquired and the equity component of convertible debt represent Level 3 measurements which were derived using a combination of the income approach, market approach and cost approach for the specific assets or liabilities being valued.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2020
Segment Information [Abstract]
Segment Information	5. SEGMENT INFORMATION The company reports the financial and operating performance for the following four operating segments: (1) ethanol production, which includes the production of ethanol, distillers grains and corn oil, (2) agribusiness and energy services, which includes grain handling and storage, commodity marketing and merchant trading for company-produced and third-party ethanol, distillers grains, corn oil, natural gas and other commodities, (3) food and ingredients, which includes food-grade corn oil and (4) partnership, which includes fuel storage and transportation services. Corporate activities include selling , general and administrative expenses, consisting primarily of compensation, professional fees and overhead costs not directly related to a specific operating segment. During the normal course of business, the operating segments conduct business with each other. For example, the agribusiness and energy services segment procures grain and natural gas and sells products, including ethanol, distillers grains and corn oil for the ethanol production segment. The partnership segment provides fuel storage and transportation services for the ethanol production segment. These intersegment activities are treated like third-party transactions with origination, marketing and storage fees charged at estimated market values. Consequently, these transactions affect segment performance; however, they do not impact the company’s consolidated results since the revenues and corresponding costs are eliminated. The following tables set forth certain financial data for the company’s operating segments (in thousands): Three Months Ended March 31, 2020 2019 (1) Revenues: Ethanol production: Revenues from external customers $ 475,700 $ 270,808 Intersegment revenues 25 25 Total segment revenues 475,725 270,833 Agribusiness and energy services: Revenues from external customers 155,881 164,076 Intersegment revenues 7,308 5,132 Total segment revenues 163,189 169,208 Food and ingredients: Revenues from external customers - 1,452 Intersegment revenues - - Total segment revenues - 1,452 Partnership: Revenues from external customers 1,288 2,305 Intersegment revenues 18,983 18,782 Total segment revenues 20,271 21,087 Revenues including intersegment activity 659,185 462,580 Intersegment eliminations ( 26,316 ) ( 23,939 ) Revenues as reported $ 632,869 $ 438,641 (1) Revenues include certain items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These revenue transactions are now presented on a gross basis in product revenues. These revenue transactions total $ 3.4 million for the three months ended March 31, 2019. Refer to Note 2 - Revenue , for further disaggregation of revenue by operating segment. Three Months Ended March 31, 2020 2019 (1) Cost of goods sold: Ethanol production $ 489,150 $ 293,487 Agribusiness and energy services 156,502 159,626 Food and ingredients - 1,516 Intersegment eliminations ( 28,424 ) ( 20,238 ) $ 617,228 $ 434,391 (1) Cost of goods sold include certain items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These cost of goods sold transactions are now presented on a gross basis in cost of goods sold. These cost of goods sold transactions total $ 3.4 million for the three months ended March 31, 2019. Three Months Ended March 31, 2020 2019 Operating income (loss): Ethanol production (1) $ ( 60,781 ) $ ( 44,192 ) Agribusiness and energy services 2,560 5,304 Food and ingredients - ( 65 ) Partnership 12,430 12,551 Intersegment eliminations 2,133 ( 3,677 ) Corporate activities ( 10,670 ) ( 8,559 ) $ ( 54,328 ) $ ( 38,638 ) (1) Operating loss for ethanol production includes a goodwill impairment charge of $24.1 million for the three months ended March 31, 2020. Three Months Ended March 31, 2020 2019 Depreciation and amortization: Ethanol production $ 15,898 $ 15,340 Agribusiness and energy services 553 549 Partnership 961 985 Corporate activities 668 750 $ 18,080 $ 17,624 The following table sets forth total assets by operating segment (in thousands): March 31, 2020 December 31, 2019 Total assets (1) : Ethanol production $ 903,447 $ 884,293 Agribusiness and energy services 288,297 410,400 Partnership 90,992 90,011 Corporate assets 351,211 324,280 Intersegment eliminations 4,151 ( 10,766 ) $ 1,638,098 $ 1,698,218 (1) Asset balances by segment exclude intercompany balances .

Inventories

Inventories	3 Months Ended
	Mar. 31, 2020
Inventories [Abstract]
Inventories	6. INVENTORIES Inventories are carried at the lower of cost or net realizable value, except grain held for sale and fair-value hedged inventories. Commodities held for sale are reported at market value. As of March 31, 2020 and December 31, 2019, the company recorded a $ 27.7 million and $ 6.6 million lower of cost or market inventory adjustment reflected in cost of goods sold within the ethanol production segment, respectively. The components of inventories are as follows (in thousands): March 31, 2020 December 31, 2019 Finished goods $ 65,525 $ 85,975 Commodities held for sale 21,409 42,836 Raw materials 81,938 77,900 Work-in-process 11,370 13,523 Supplies and parts 34,094 32,758 $ 214,336 $ 252,992

Goodwill

Goodwill	3 Months Ended
	Mar. 31, 2020
Goodwill [Abstract]
Goodwill	7. GOODWILL Goodwill The company currently has two reporting units, to which goodwill is assigned. We are required to perform impairment tests related to our goodwill annually, which we perform as of October 1, or sooner if an indicator of impairment occurs. Near term industry outlook due to the significant decrease in crude oil prices, lower gasoline demand, general uncertainty due to the COVID-19 outbreak and the subsequent decline in our stock price caused a decline in the company’s market capitalization during the three months ended March 31, 2020. As such, the company determined a triggering event had occurred that required an interim impairment assessment for its ethanol production reporting unit. Due to the impairment indicators noted as a result of these triggering events, we evaluated our goodwill as of March 31, 2020. Significant assumptions inherent in the valuation methodologies for goodwill are employed and include, but are not limited to, prospective financial information, growth rates, discount rates, inflationary factors, and cost of capital. Based on our quantitative evaluation, we determined that the fair value of the ethanol production reporting unit did not exceed its carrying value. As a result, we concluded that the goodwill assigned to the ethanol production reporting unit was impaired and recorded a non-cash impairment charge of $ 24.1 million. Based on the company’s quantitative evaluation of the partnership’s goodwill, it was determined that the fair value of the partnership reporting unit exceeded its carrying value. As a result, the company concluded that the goodwill assigned to the partnership reporting unit was not impaired, but could be at risk of future impairment. The company continues to believe that its long-term financial goals of the partnership will be achieved. As a result of the analysis, the company did not take a goodwill impairment charge on its partnership reporting unit as of March 31, 2020. Changes in the carrying amount of goodwill attributable to each business segment during the three months ended March 31, 2020 were as follows (in thousands): Ethanol Production Partnership Total Balance, December 31, 2019 $ 24,091 $ 10,598 $ 34,689 Impairment charge ( 24,091 ) - ( 24,091 ) Balance, March 31, 2020 $ - $ 10,598 $ 10,598

Derivative Financial Instrument

Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2020
Derivative Financial Instruments [Abstract]
Derivative Financial Instruments	8. DERIVATIVE FINANCIAL INSTRUMENTS At March 31, 2020, the company’s consolidated balance sheet reflected unrealized gains of $ 30.9 million, net of tax, in accumulated other comprehensive income which primarily related to our share of equity method investees other comprehensive income. The company expects these gains will be reclassified as income from equity method investees, net of income taxes over the next 12 months as a result of hedged transactions that are forecasted to occur. The amount realized in income from equity method investees, net of income taxes will differ as commodity prices change. Fair Values of Derivative Instruments The fair values of the company’s derivative financial instruments and the line items on the consolidated balance sheets where they are reported are as follows (in thousands): Asset Derivatives' Liability Derivatives' Fair Value Fair Value March 31, 2020 December 31, 2019 March 31, 2020 December 31, 2019 Derivative financial instruments $ 22,943 (1) $ 14,515 (2) $ 15,589 $ 7,771 (1) At March 31, 2020, derivative financial instruments, as reflected on the balance sheet, includes net unrealized gains on exchange traded futures and options contracts of $ 34.2 million, which include $ 1.0 million of net unrealized gains on derivative financial instruments designated as cash flow hedging instruments. (2) At December 31, 2019, derivative financial instruments, as reflected on the balance sheet, includes net unrealized gains on exchange traded futures and options contracts of $ 3.4 million, which include $ 0.1 million of net unrealized gains on derivative financial instruments designated as cash flow hedging instruments. Refer to Note 4 - Fair Value Disclosures , which contains fair value information related to derivative financial instruments. Effect of Derivative Instruments on Consolidated Balance Sheets, Consolidated Statements of Operations and Consolidated Statements of Comprehensive Income The gains or losses recognized in income and other comprehensive income related to the company’s derivative financial instruments and the line items on the consolidated financial statements where they are reported are as follows (in thousands): Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income Location of Gain (Loss) Reclassified from Accumulated Other Three Months Ended March 31, Comprehensive Income into Income 2020 2019 Revenues $ 8,818 $ - Cost of goods sold ( 2,901 ) - Net loss from discontinued operations, net of income taxes - ( 13,516 ) Net gain (loss) recognized in loss before tax $ 5,917 $ ( 13,516 ) Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives Gain (Loss) Recognized in Other Comprehensive Income on Three Months Ended March 31, Derivatives 2020 2019 Commodity contracts $ 5,979 $ ( 8,963 ) Amount of Gain (Loss) Location of Gain (Loss) Recognized in Income on Derivatives Derivatives Not Designated Recognized in Income Three Months Ended March 31, as Hedging Instruments on Derivatives 2020 2019 Commodity contracts Revenues $ 45,407 $ ( 12,824 ) Commodity contracts Costs of goods sold ( 2,679 ) 3,410 Commodity contracts Net loss from discontinued operations, net of income taxes - ( 5,741 ) Net gain (loss) recognized in loss before tax $ 42,728 $ ( 15,155 ) The following amounts were recorded on the consolidated balance sheets related to cumulative basis adjustments for the fair value hedged items (in thousands): March 31, 2020 December 31, 2019 Line Item in the Consolidated Balance Sheet in Which the Hedged Item is Included Carrying Amount of the Hedged Assets Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets Carrying Amount of the Hedged Assets Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets Inventories $ 32,463 $ ( 6,185 ) $ 55,021 $ ( 2,808 ) Effect of Cash Flow and Fair Value Hedge Accounting on the Statements of Operations The effect of cash flow and fair value hedges and the line items on the consolidated statements of operations where they are reported are as follows (in thousands): Location and Amount of Gain or (Loss) Recognized in Income on Cash Flow and Fair Value Hedging Relationships for the Three Months Ended March 31, 2020 2019 Revenue Cost of Goods Sold Income (Loss) from Discontinued Operations, Net of Income Taxes Revenue Cost of Goods Sold Loss from Discontinued Operations, Net of Income Taxes Gain (loss) on cash flow hedging relationships: Commodity contracts: Amount of gain (loss) reclassified from accumulated other comprehensive income into income $ 8,818 $ ( 2,901 ) $ - $ - $ - $ ( 13,516 ) Gain (loss) on fair value hedging relationships: Commodity contracts: Hedged item - ( 7,594 ) - - ( 1,553 ) - Derivatives designated as hedging instruments - 8,114 - - 3,859 - Total amounts of income and expense line items presented in the statement of operations in which the effects of cash flow or fair value hedges are recorded $ 8,818 $ ( 2,381 ) $ - $ - $ 2,306 $ ( 13,516 ) There were no gains or losses from discontinuing cash flow or fair value hedge treatment during the three months ended March 31, 2020 and 2019. The open commodity derivative positions as of March 31, 2020, are as follows (in thousands): Exchange Traded (1) Non-Exchange Traded (2) Derivative Instruments Net Long & (Short) Long (Short) Unit of Measure Commodity Futures ( 23,875 ) Bushels Corn and Soybeans Futures ( 6,865 ) (3) Bushels Corn Futures ( 170,226 ) Gallons Ethanol Futures ( 2,940 ) (4) Gallons Ethanol Futures ( 10,588 ) MmBTU Natural Gas Futures ( 5,038 ) (3) MmBTU Natural Gas Options 19 Tons Soybean Meal Options ( 3,667 ) Bushels Corn Options 18,358 Gallons Ethanol Options 615 MmBTU Natural Gas Forwards 17,471 ( 811 ) Bushels Corn and Soybeans Forwards 1,885 ( 262,121 ) Gallons Ethanol Forwards 159 ( 463 ) Tons DDG Forwards 23,616 ( 120,471 ) Pounds Corn Oil Forwards 2,943 ( 391 ) MmBTU Natural Gas (1) Exchange traded futures and options are presented on a net long and (short) position basis. Options are presented on a delta-adjusted basis. (2) Non-exchange traded forwards are presented on a gross long and (short) position basis including both fixed-price and basis contracts. (3) Futures used for cash flow hedges. (4) Futures or non-exchange traded forwards used for fair value hedges. Energy trading contracts that do not involve physical delivery are presented net in revenues on the consolidated statements of operations. Included in revenues are net gains on energy trading contracts of $ 3.1 million and $ 8.5 million for the three ended March 31, 2020 and 2019, respectively.

Debt

Debt	3 Months Ended
	Mar. 31, 2020
Debt [Abstract]
Debt	9. DEBT The components of long-term debt are as follows (in thousands): March 31, 2020 December 31, 2019 Corporate: $ 170.0 million convertible notes due 2022 (1) $ 150,990 $ 149,256 $ 115.0 million convertible notes due 2024 (2) 84,842 83,497 Green Plains Partners: $ 200.0 million revolving credit facility (3) 130,200 132,100 Other 16,469 16,512 Total face value of long-term debt 382,501 381,365 Unamortized debt issuance costs ( 4,506 ) ( 4,820 ) Less: current maturities of long-term debt ( 130,785 ) ( 132,555 ) Total long-term debt $ 247,210 $ 243,990 (1) Includes $ 1.9 million and $ 2.0 million of unamortized debt issuance costs as of March 31, 2020 and December 31, 2019, respectively. (2) Includes $ 2.6 million and $ 2.8 million of unamortized debt issuance costs as of March 31, 2020 and December 31, 2019, respectively. (3) The Green Plains Partners revolving credit facility is included in current maturities of long-term debt balance on the consolidated balance sheets as of March 31, 2020 and December 31, 2019 as its maturity date is July 1, 2020 . The components of short-term notes payable and other borrowings are as follows: March 31, 2020 December 31, 2019 Green Plains Trade: $ 300.0 million revolver $ 61,208 $ 138,204 Green Plains Grain: $ 100.0 million revolver 78,000 40,000 $ 50.0 million inventory financing - - Green Plains Commodity Management: $ 30.0 million hedge line 27,835 9,608 $ 167,043 $ 187,812 Corporate Activities During 2019, the company issued an aggregate $ 115.0 million of 4.00 % convertible senior notes due in 2024, or the 4.00 % notes. The 4.00 % notes are senior, unsecured obligations of the company, with interest payable on January 1 and July 1 of each year, beginning January 1, 2020, at a rate of 4.00 % per annum. The 4.00 % notes will mature on July 1, 2024 , unless earlier converted, redeemed or repurchased. The 4.00 % notes will be convertible, at the option of the holders, into consideration consisting of, at the company’s election, cash, shares of the company’s common stock, or a combination of cash and shares of the company’s common stock until the close of business on the scheduled trading day immediately preceding the maturity date. However, before January 1, 2024, the 4.00 % notes will not be convertible unless certain conditions are satisfied. The initial conversion rate is 64.1540 shares of common stock per $ 1,000 of principal, which is equal to a conversion price of approximately $ 15.59 per share. The conversion rate will be subject to adjustment upon the occurrence of certain events. In addition, the company may be obligated to increase the conversion rate for any conversion that occurs in connection with certain corporate events, including the company’s calling the 4.00 % notes for redemption. On and after July 1, 2022, and prior to the maturity date, the company may redeem all, but not less than all, of the 4.00 % notes for cash if the sale price of the company’s common stock equals or exceeds 140 % of the applicable conversion price for a specified time period ending on the trading day immediately prior to the date the company delivers notice of the redemption. The redemption price will equal 100 % of the principal amount of the 4.00 % notes to be redeemed, plus any accrued and unpaid interest to, but excluding, the redemption date. In addition, upon the occurrence of a fundamental change, holders of the 4.00 % notes will have the right, at their option, to require the company to repurchase the 4.00 % notes in cash at a price equal to 100 % of the principal amount of the 4.00 % notes to be repurchased, plus accrued and unpaid interest to, but excluding, the fundamental change repurchase date. In August 2016, the company issued $ 170.0 million of 4.125 % convertible senior notes due in 2022, or the 4.125 % notes. The 4.125 % notes are senior, unsecured obligations of the company, with interest payable on March 1 and September 1 of each year. The company may settle the 4.125 % notes in cash, common stock or a combination of cash and common stock. Prior to March 1, 2022, the 4.125 % notes are not convertible unless certain conditions are satisfied. The initial conversion rate is 35.7143 shares of common stock per $ 1,000 of principal, which is equal to a conversion price of approximately $ 28.00 per share. The conversion rate is subject to adjustment upon the occurrence of certain events, including upon redemption of the 4.125 % notes. The company may redeem all, but not less than all, of the 4.125 % notes at any time on or after September 1, 2020, if the company’s common stock equals or exceeds 140 % of the applicable conversion price for a specified time period ending on the trading day immediately prior to the date the company delivers notice of the redemption. The redemption price will equal 100 % of the principal plus any accrued and unpaid interest. Holders of the 4.125 % notes have the option to require the company to repurchase the 4.125 % notes in cash at a price equal to 100 % of the principal plus accrued and unpaid interest when there is a fundamental change, such as change in control. If an event of default occurs, it could result in the 4.125 % notes being declared due and payable. Ethanol Production Segment The company has small equipment financing loans, finance leases on equipment or facilities, and other forms of debt financing. Agribusiness and Energy Services Segment Green Plains Trade has a $ 300.0 million senior secured asset-based revolving credit facility to finance working capital for marketing and distribution activities based on eligible collateral equal to the sum of percentages of eligible receivables and inventories, less miscellaneous adjustments. The credit facility matures on July 28, 2022 and consists of a $ 285 million credit facility and a $ 15 million first-in-last-out (FILO) credit facility, and includes an accordion feature that enables the credit facility to be increased by up to $ 70.0 million with agent approval. Advances are subject to variable interest rates equal to daily LIBOR plus 2.25 % on the credit facility and daily LIBOR plus 3.25 % on the FILO credit facility. The total unused portion of the revolving credit facility is also subject to a commitment fee of 0.375 % per annum. The terms impose affirmative and negative covenants for Green Plains Trade, including maintaining a minimum fixed charge coverage ratio of 1.15 to 1.00. Capital expenditures are limited to $ 1.5 million per year under the credit facility. The credit facility also restricts distributions related to capital stock, with an exception for distributions up to 50 % of net income if, on a pro forma basis, (a) availability has been greater than $ 10.0 million for the last 30 days and (b) the borrower would be in compliance with the fixed charge coverage ratio on the distribution date. Green Plains Grain has a $ 100.0 million senior secured asset-based revolving credit facility, which matures on June 28, 2022 . The credit facility finances working capital up to the maximum commitment based on eligible collateral equal to the sum of percentages of eligible cash, receivables and inventories, less miscellaneous adjustments. Advances are subject to an interest rate equal to LIBOR plus 3.00 % or the lenders’ base rate plus 2.00 %. The credit facility also includes an accordion feature that enables the facility to be increased by up to $ 75.0 million with agent approval. The credit facility can also be increased by up to $ 50.0 million for seasonal borrowings. Total commitments outstanding cannot exceed $ 225.0 million. Depending on utilization, the total unused portion of the $ 100.0 million revolving credit facility is also subject to a commitment fee ranging from 0.375 % to 0.50 %. Lenders receive a first priority lien on certain cash, inventory, accounts receivable and other assets owned by Green Plains Grain. The terms impose affirmative and negative covenants for Green Plains Grain, including maintaining minimum working capital to be the greater of (i) $ 18,000,000 and (ii) 18 % of the sum of the then total commitment plus the aggregate seasonal line commitments . Minimum tangible net worth is required to be greater than 21 % of the sum of the then total commitment plus the aggregate seasonal line commitments. The credit facility also requires the company to maintain a maximum annual leverage of 6.00 to 1.00. Capital expenditures are limited to $ 8.0 million per year under the credit facility, plus equity contributions from the company and unused amounts of up to $ 8.0 million from the previous year. In addition, if the company has long-term indebtedness on the date of calculation of greater than $ 10.0 million, the credit facility requires the company to maintain a minimum fixed charge coverage ratio of 1.25 to 1.00 and a maximum long term debt capitalization of 40 %. Green Plains Grain has entered into short-term inventory financing agreements with a financial institution. The company has accounted for the agreements as short-term notes, rather than sales, and has elected the fair value option to offset fluctuations in market prices of the inventory. The company had no short-term notes payable related to these inventory financing agreements as of March 31, 2020. Green Plains Commodity Management has an uncommitted $ 30.0 million revolving credit facility which matures April 30, 2023 to finance margins related to its hedging programs. Advances are subject to variable interest rates equal to LIBOR plus 1.75 %. Partnership Segment Green Plains Partners, through a wholly owned subsidiary, has a $ 200.0 million revolving credit facility to fund working capital, acquisitions, distributions, capital expenditures and other general partnership purposes. The credit facility matures on July 1, 2020 , and as a result, was reclassified to current maturities of long-term debt during the three months ended September 30, 2019. Advances under the credit facility are subject to a floating interest rate based on the preceding fiscal quarter’s consolidated leverage ratio at a base rate plus 1.25 % to 2.00 % or LIBOR plus 2.25 % to 3.00 %. The credit facility can be increased by an additional $ 20.0 million without the consent of the lenders. The unused portion of the credit facility is also subject to a commitment fee of 0.35 % to 0.50 %, depending on the preceding fiscal quarter’s consolidated leverage ratio. The partnership’s obligations under the credit facility are secured by a first priority lien on (i) the capital stock of the partnership’s present and future subsidiaries, (ii) all of the partnership’s present and future personal property, such as investment property, general intangibles and contract rights, including rights under agreements with Green Plains Trade, and (iii) all proceeds and products of the equity interests of the partnership’s present and future subsidiaries and its personal property. The terms impose affirmative and negative covenants including restricting the partnership’s ability to incur additional debt, acquire and sell assets, create liens, invest capital, pay distributions and materially amend the partnership’s commercial agreements with Green Plains Trade. The credit facility also requires the partnership to maintain a maximum consolidated net leverage ratio of no more than 3.50 x and a minimum consolidated interest coverage ratio of no less than 2.75 x, each of which is calculated on a pro forma basis with respect to acquisitions and divestitures occurring during the applicable period. The consolidated leverage ratio is calculated by dividing total funded indebtedness minus the lesser of cash in excess of $ 5.0 million or $ 30.0 million by the sum of the four preceding fiscal quarters’ consolidated EBITDA. The consolidated interest coverage ratio is calculated by dividing the sum of the four preceding fiscal quarters’ consolidated EBITDA by the sum of the four preceding fiscal quarters’ interest charges. The partnership is required to file a Form of Compliance Certificate attesting to its compliance under the revolving credit facility each quarter by the earlier of 45 days from the end of each such quarter or within 5 days of the SEC filing for such quarter or with respect to each fiscal year, the earlier of 90 days from the end of such fiscal year or within 15 days of the SEC filing for such fiscal year. As of March 31, 2020, the partnership was in full compliance of all covenants, and will report a consolidated leverage ratio of 2.47 x and a consolidated interest coverage ratio of 6.49 x. The revolving credit facility, which is supported by a group of financial institutions, will mature on July 1, 2020 unless extended by agreement of the lenders or replaced by another funding source. The partnership is currently working with its existing lender group to extend the credit facility. While the partnership has not yet formalized the credit facility or secured additional funding necessary to repay the loan, the partnership believes it is probable that it will source appropriate funding given the partnership’s consistent and stable fee-based cash flows, ongoing profitability, low debt leverage and history of obtaining financing on reasonable commercial terms. In the unlikely scenario that the partnership is unable to refinance its debt with the lenders, the partnership will consider other financing sources, including but not limited to, the restructuring or issuance of new debt with a different lending group, the issuance of additional common units, or other measures. Covenant Compliance The company was in compliance with its debt covenants as of March 31, 2020. Restricted Net Assets At March 31, 2020, there were approximately $ 65.5 million of net assets at the company’s subsidiaries that could not be transferred to the parent company in the form of dividends, loans or advances due to restrictions contained in the credit facilities of these subsidiaries.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2020
Stock-Based Compensation [Abstract]
Stock-Based Compensation	10. STOCK-BASED COMPENSATION The company has an equity incentive plan that reserves 4,110,000 shares of common stock for issuance to its directors and employees. The plan provides for shares, including options to purchase shares of common stock, stock appreciation rights tied to the value of common stock, restricted stock, performance shares, and restricted and deferred stock unit awards, to be granted to eligible employees, non-employee directors and consultants. The company measures stock-based compensation at fair value on the grant date, with no adjustments for estimated forfeitures. The company records noncash compensation expense related to equity awards in its consolidated financial statements over the requisite period on a straight-line basis. Restricted Stock Awards and Deferred Stock Units The non-vested stock award and deferred stock unit activity for the three months ended March 31, 2020, is as follows: Non-Vested Shares and Deferred Stock Units Weighted- Average Grant- Date Fair Value Weighted-Average Remaining Vesting Term (in years) Non-Vested at December 31, 2019 751,315 $ 17.48 Granted 476,474 10.64 Forfeited ( 19,750 ) 16.20 Vested ( 282,786 ) 19.49 Non-Vested at March 31, 2020 925,253 $ 13.37 2.3 Performance Shares On March 18, 2020, the board of directors granted performance shares to be awarded in the form of common stock to certain participants of the plan. These performance shares vest based on the level of achievement of certain performance goals, including the incremental value achieved from the company’s high-protein initiatives, annual production levels and return on investment (ROI). The performance shares were granted at a target of 100 %, but each performance share will reduce or increase depending on results for the performance period. If the company achieves the maximum performance goals, the maximum amount of shares available to be issued pursuant to the 2020 awards are 641,823 performance shares which represents approximately 276 % of the 232,566 performance shares which remain outstanding. The actual number of performance shares that will ultimately vest is based on the actual performance targets achieved at the end of the performance period. On February 19, 2019 and March 19, 2018, the board of directors granted performance shares to be awarded in the form of common stock to certain participants of the plan. These performance shares vest based on the company’s average return on net assets (RONA) and the company’s total shareholder return (TSR), as further described herein. The performance shares vest on the third anniversary of the grant, if the RONA and TSR criteria are achieved and the participant is then employed by the company. Fifty percent of the performance shares vest based upon the company’s ability to achieve a predetermined RONA during the three year performance period. The remaining fifty percent of the performance shares vest based upon the company’s total TSR during the three year performance period relative to that of the company’s performance peer group. The performance shares were granted at a target of 100 %, but each performance share will reduce or increase depending on results for the performance period for the company's RONA, and the company’s TSR relative to that of the performance peer group. If the company’s RONA and TSR achieve the maximum goals, the maximum amount of shares available to be issued pursuant to the 2018 and 2019 awards are 428,104 performance shares or 150 % of the 285,403 performance shares which remain outstanding. The actual number of performance shares that will ultimately vest is based on the actual percentile ranking of the company’s RONA, and the company’s TSR compared to the peer performance at the end of the performance period. The company used the Monte Carlo valuation model to estimate the fair value of the performance shares on the date of the grant. The weighted average assumptions used by the company in applying the Monte Carlo valuation model for performance share grants are illustrated in the following table: FY 2019 Performance Awards FY 2018 Performance Awards Risk-free interest rate 2.45 % 2.44 % Dividend yield 3.13 % 2.64 % Expected volatility 41.69 % 45.11 % Monte Carlo valuation 99.62 % 97.39 % Closing stock price on the date of grant $ 15.34 $ 18.15 The non-vested performance share award activity for the three months ended March 31, 2020, is as follows: Performance Shares Weighted- Average Grant- Date Fair Value Weighted-Average Remaining Vesting Term (in years) Non-Vested at December 31, 2019 285,403 $ 16.38 Granted 232,566 10.64 Non-Vested at March 31, 2020 517,969 $ 13.80 2.4 Stock Options The fair value of the stock options is estimated on the date of the grant using the Black - Scholes option - pricing model, a pricing model acceptable under GAAP. The expected life of the options is the period of time the options are expected to be outstanding. The company did not grant any stock option awards during the three months ended March 31, 2020 and 2019. The activity related to the exercisable stock options for the three months ended March 31, 2020, is as follows: Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term (in years) Aggregate Intrinsic Value (in thousands) Outstanding at December 31, 2019 10,000 $ 16.95 0.2 $ - Expired ( 10,000 ) 16.95 - - Outstanding at March 31, 2020 - $ - - $ - Exercisable at March 31, 2020 - $ - - $ - Green Plains Partners Green Plains Partners has a long-term incentive plan (LTIP) intended to promote the interests of the partnership, its general partner and affiliates by providing unit-based incentive compensation awards to employees, consultants and directors to encourage superior performance. The LTIP reserves 2,500,000 common limited partner units for issuance in the form of options, restricted units, phantom units, distribution equivalent rights, substitute awards, unit appreciation rights, unit awards, profit interest units or other unit-based awards. The partnership measures unit-based compensation at fair value on the grant date, with no adjustments for estimated forfeitures. The partnership records noncash compensation expense related to the awards over the requisite service period on a straight-line basis. There was no change in the number of non-vested unit-based awards during the three months ended March 31, 2020. Stock-Based and Unit-Based Compensation Expense Compensation costs for stock-based and unit-based payment plans were approximately $ 1.3 million and $ 2.5 million for the three months ended March 31, 2020 and 2019, respectively. At March 31, 2020, there was $ 14.5 million of unrecognized compensation costs from stock-based and unit-based compensation related to non-vested awards. This compensation is expected to be recognized over a weighted-average period of approximately 2.3 years. The pote ntial tax benefit related to stock-based payment is approximately 24.2 % of these expe nses .

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2020
Earnings Per Share [Abstract]
Earnings Per Share	11. EARNINGS PER SHARE Basic earnings per share, or EPS, is calculated by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period. The company computed diluted EPS by dividing net income on an if-converted basis, adjusted to add back net interest expense related to the convertible debt instruments, by the weighted average number of common shares outstanding during the period, adjusted to include the shares that would be issued if the convertible debt instruments were converted to common shares and the effect of any outstanding dilutive securities. In addition, due to the presentation of GPCC as discontinued operations, the company has presented basic and diluted earnings per share from both continuing operations and from discontinued operations. The basic and diluted EPS are calculated as follows (in thousands, except per share amounts): Three Months Ended March 31, 2020 2019 Numerator: Net loss from continuing operations (1) $ ( 16,445 ) $ ( 38,330 ) Net loss from discontinued operations - ( 4,469 ) Net loss attributable to Green Plains $ ( 16,445 ) $ ( 42,799 ) Denominator: Weighted-average shares outstanding - basic 34,665 40,315 Dilutive effect of convertible debt and stock-based compensation (2) - - Weighted-average shares outstanding - diluted 34,665 40,315 EPS - basic and diluted: EPS from continuing operations $ ( 0.47 ) $ ( 0.95 ) EPS from discontinued operations - ( 0.11 ) EPS $ ( 0.47 ) $ ( 1.06 ) Anti-dilutive weighted-average convertible debt and stock-based compensation (2) 13,926 9,853 (1) Net loss from continuing operations can be recalculated from our consolidated statements of operations by taking the net loss from continuing operations including noncontrolling interest less net income attributable to noncontrolling interests. (2) The effect related to the company’s convertible debt and stock-based compensation awards have been excluded from diluted EPS for the periods presented as the inclusion of these shares would have been antidilutive.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2020
Stockholders' Equity [Abstract]
Stockholders' Equity	12. STOCKHOLDERS’ EQUITY Components of stockholders’ equity for the three ended March 31, 2020 and 2019 are as follows (in thousands): Accum. Total Additional Other Green Plains Non- Total Common Stock Paid-in Retained Comp. Treasury Stock Stockholders' Controlling Stockholders' Shares Amount Capital Earnings Income Shares Amount Equity Interests Equity Balance, January 1, 2020 46,964 $ 47 $ 734,580 $ 148,150 $ ( 11,064 ) 10,932 $ ( 119,808 ) $ 751,905 $ 113,381 $ 865,286 Net income (loss) - - - ( 16,445 ) - - - ( 16,445 ) 6,098 ( 10,347 ) Distributions declared - - - - - - - - ( 5,498 ) ( 5,498 ) Other comprehensive loss before reclassification - - - - 4,532 - - 4,532 - 4,532 Amounts reclassified from accumulated other comprehensive loss - - - - ( 4,485 ) - - ( 4,485 ) - ( 4,485 ) Other comprehensive income, net of tax - - - - 47 - - 47 - 47 Share of equity method investees other comprehensive loss arising during the period, net of tax - - - - 41,956 - - 41,956 - 41,956 Repurchase of common stock - - - - - 881 ( 11,479 ) ( 11,479 ) - ( 11,479 ) Stock-based compensation 343 - 36 - - - - 36 79 115 Balance, March 31, 2020 47,307 $ 47 $ 734,616 $ 131,705 $ 30,939 11,813 $ ( 131,287 ) $ 766,020 $ 114,060 $ 880,080 Accum. Total Additional Other Green Plains Non- Total Common Stock Paid-in Retained Comp. Treasury Stock Stockholders' Controlling Stockholders' Shares Amount Capital Earnings Income Shares Amount Equity Interests Equity Balance, January 1, 2019 46,638 $ 47 $ 696,222 $ 324,728 $ ( 16,016 ) 5,536 $ ( 58,162 ) $ 946,819 $ 116,170 $ 1,062,989 Net income (loss) - - - ( 42,799 ) - - - ( 42,799 ) 4,928 ( 37,871 ) Cash dividends and distributions declared - - - ( 4,847 ) - - - ( 4,847 ) ( 5,487 ) ( 10,334 ) Other comprehensive loss before reclassification - - - - ( 6,883 ) - - ( 6,883 ) - ( 6,883 ) Amounts reclassified from accumulated other comprehensive loss - - - - 10,376 - - 10,376 - 10,376 Other comprehensive income, net of tax - - - - 3,493 - - 3,493 - 3,493 Proceeds from disgorgement of shareholders short-swing profits, net (1) - - 5,023 - - - - 5,023 - 5,023 Stock-based compensation 284 - 428 - - - - 428 79 507 Balance, March 31, 2019 46,922 $ 47 $ 701,673 $ 277,082 $ ( 12,523 ) 5,536 $ ( 58,162 ) $ 908,117 $ 115,690 $ 1,023,807 (1) During the three months ended March 31, 2019, the company received $ 6.7 million from a shareholder of the company for disgorgement of shareholder short-swing profits under Section 16(b) under the Exchange Act. The amount was recorded as an increase to additional paid-in capital, net of tax. Amounts reclassified from accumulated other comprehensive income are as follows (in thousands): Three Months Ended March 31, Statements of Operations 2020 2019 Classification Gains (losses) on cash flow hedges: Commodity derivatives $ 8,818 $ - (1) Commodity derivatives ( 2,901 ) - (2) Total gains on cash flow hedges from continuing operations 5,917 - (3) Losses on cash flow hedges from discontinued operations - ( 10,376 ) (4) Income tax expense 1,432 - (5) Amounts reclassified from accumulated other comprehensive income (loss) $ 4,485 $ ( 10,376 ) (1) Revenues (2) Costs of goods sold (3) Loss from continuing operations before income taxes and income (loss) from equity method investees (4) Net loss from discontinued operations, net of income taxes (5) Income tax benefit

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2020
Income Taxes [Abstract]
Income Taxes	13. INCOME TAXES The company records actual income tax expense or benefit during interim periods rather than on an annual effective tax rate method. Certain items are given discrete period treatment and the tax effect of those items are reported in full in the relevant interim period. Green Plains Partners is a limited partnership, which is treated as a flow-through entity for federal income tax purposes and is not subject to federal income taxes. As a result, the consolidated financial statements do not reflect income taxes on pre-tax income or loss attributable to the noncontrolling interest in the partnership. The CARES Act was signed into law on March 27, 2020. The CARES Act includes several significant business tax provisions including elimination of the taxable limit for certain net operating losses (“NOL”), allow businesses to carry back NOLs arising in 2018, 2019 and 2020 to the five prior tax years, accelerate refunds of previously generated corporate AMT credits, and loosen the business interest limitation under §163(j) from 30 % to 50 %. The CARES Act also contains an employee retention credit to encourage employers to maintain headcounts even if employees cannot report to work because of issues related to the COVID-19. The company intends to carry back its’ 2019 NOL to previous years and has recorded that tax benefit of approximately $ 28.4 million in the first quarter. The company recorded income tax benefit of $ 44.3 million for the three months ended March 31, 2020, compared with $ 12.9 million for the same periods in 2019. The increase in the amount of the tax benefit recorded for the three months ended March 31, 2020 compared to the same period in 2019 was to record the tax benefit associated with the carry back of the tax NOL generated in 2019 to the 2014 tax year under the newly enacted CARES Act, as well as the release of a previously recorded valuation allowance against the 2019 NOL and other deferred tax assets. The amount of unrecognized tax benefits for uncertain tax positions was $ 51.6 million as of March 31, 2020 and December 31, 2019. The 2020 effective tax rate can be affected by variances in the estimates and amounts of taxable income among the various states, entities and activity types, realization of tax credits, adjustments from resolution of tax matters under review, valuation allowances and the company’s assessment of its liability for uncertain tax positions.

Commitments And Contingencies

Commitments And Contingencies	3 Months Ended
	Mar. 31, 2020
Commitments And Contingencies [Abstract]
Commitments And Contingencies	14. COMMITMENTS AND CONTINGENCIES Lease Expense The company leases certain facilities, parcels of land, and equipment, with remaining terms ranging from less than one year to 17.6 years. The land and facility leases include renewal options. The renewal options are included in the lease term only for those sites or locations in which they are reasonably certain to be renewed. Equipment renewals are not considered reasonably certain to be exercised as they typically renew with significantly different underlying terms. The components of lease expense are as follows (in thousands): Three Months Ended March 31, 2020 2019 Lease expense Operating lease expense $ 4,945 $ 5,482 Variable lease expense (1) 269 124 Total lease expense $ 5,214 $ 5,606 (1) Represents amounts incurred in excess of the minimum payments required for the handling and unloading of railcars for a certain land lease, offset by railcar lease abatements provided by the lessor when railcars are out of service during periods of maintenance or upgrade. Supplemental cash flow information related to operating leases is as follows (in thousands): Three Months Ended March 31, 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 4,849 $ 5,484 Right-of-use assets obtained in exchange for lease obligations: Operating leases 5,675 - Supplemental balance sheet information related to operating leases is as follows: March 31, 2020 December 31, 2019 Weighted average remaining lease term 6.5 years 6.6 years Weighted average discount rate 5.43 % 5.46 % Aggregate minimum lease payments under the operating lease agreements for the remainder of 2020 and in future years are as follows (in thousands): Year Ending December 31, Amount 2020 $ 14,710 2021 13,136 2022 11,215 2023 7,976 2024 6,157 Thereafter 25,949 Total 79,143 Less: Present value discount ( 22,666 ) Lease liabilities $ 56,477 The partnership has additional railcar operating leases that will commence in the second half of 2020 and first half of 2021 to replace expiring leases, with estimated future minimum lease commitments of approximately $ 26.6 million and lease terms of five years . The undiscounted amounts are not included in the tables above. Lease Revenue As described in Note 2 – Revenue , the majority of the partnership’s segment revenue is generated though their storage and throughput services and rail transportation services agreements with Green Plains Trade and are accounted for as lease revenue. Leasing revenues do not represent revenues recognized from contracts with customers under ASC 606, and are accounted for under ASC 842, Leases . Lease revenue associated with agreements with Green Plains Trade are eliminated upon consolidation. The remaining lease revenue is not material to the company. Refer to Note 2 – Revenue for further discussion on lease revenue. Commodities As of March 31, 2020, the company had contracted future purchases of grain, corn oil, natural gas, ethanol and distillers grains, valu ed at approximately $ 161.4 million. Legal The company is currently involved in litigation that has arisen during the ordinary course of business, but does not believe any pending litigation will have a material adverse effect on its financial position, results of operations or cash flows.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2020
Related Party Transactions [Abstract]
Related Party Transactions	15. RELATED PARTY TRANSACTIONS Green Plains Cattle Company LLC The company engages in certain related party transactions with GPCC. The company provides a variety of shared services to GPCC, including accounting and finance, payroll and human resources, information technology, legal, communications and treasury activities. The shared services provided by the company and billed to GPCC were $ 0.4 million for the three months ended March 31, 2020. The company had $ 2.0 million outstanding receivables related to the shared service agreement and expenses paid on behalf of GPCC as of March 31, 2020. Green Plains Trade Group, a subsidiary of the company, enters into certain sale contracts with GPCC during the normal course of business. Revenues were $ 2.9 million for the three months ended March 31, 2020. Mr. Ejnar Knudsen, a member of the company’s board of directors, has an indirect ownership interest in GPCC of 0.0736 % by reason of his ownership in TGAM Agribusiness Fund LP. Based on the purchase price, the value of that ownership interest is approximately $ 0.1 million. Mr. Knudsen also is the CEO and partial owner of AGR Partners LLC (AGR) which provides investment advisory services to TGAM Agribusiness Fund LP pursuant to a sub-advisory agreement between AGR Partners LLC and Nuveen Alternative Advisors LLC, which is the investment manager for TGAM Agribusiness Fund LP. Aircraft Leases Effective January 1, 2015, the company entered into two agreements with an entity controlled by Wayne Hoovestol for the lease of two aircrafts. Mr. Hoovestol is chairman of the company’s board of directors. The company agreed to pay $ 9,766 per month for the combined use of up to 125 hours per year of the aircrafts. Flight time in excess of 125 hours per year will incur additional hourly charges. Payments related to these leases totaled $ 24 thousand and $ 34 thousand during the three months ended March 31, 2020 and 2019, respectively. The company had $ 0 in outstanding payables related to these agreements as of March 31, 2020 and $ 17 thou sand in outstanding payables related to these agreements as of December 31, 2019.

Equity Method Investments

Equity Method Investments	3 Months Ended
	Mar. 31, 2020
Equity Method Investments [Abstract]
Equity Method Investments	16. EQUITY METHOD INVESTMENTS Green Plains Cattle Company LLC On September 9, 2019, Green Plains, TGAM and StepStone announced the formation of a joint venture. Such parties entered into the Second Amended and Restated Limited Liability Company Agreement of GPCC effective as of September 1, 2019. GPCC was previously a wholly owned subsidiary of Green Plains. Green Plains also entered into a Securities Purchase Agreement with TGAM and StepStone, whereby TGAM and StepStone purchased an aggregate of 50 % of the membership interests of GPCC from Green Plains. After closing, GPCC is no longer consolidated in the company’s consolidated financial statements and the GPCC investment is accounted for using the equity method of accounting. GPCC results prior to its disposition are classified as discontinued operations in our current and prior period financials. The GPCC investment is accounted for using the equity method of accounting. GPCC conducts the business of the joint venture, including (i) owning and operating the cattle feeding operations (as defined below), and (ii) any other activities approved by GPCC’s board of managers. GPCC continues to have the capacity to support 355,000 head of cattle and has approximately 11.7 million bushels of grain storage capacity. Historical GPCC operational results prior to its disposition are recorded as discontinued operations in the consolidated statement of operations. The company does not consolidate any part of the assets or liabilities or operating results of its equity method investee. The company’s share of net income or loss in the investee increases or decreases, as applicable, the carrying value of the investment. With respect to GPCC, the company determined that this entity does not represent a variable interest entity and consolidation is not required. In addition, although the company has the ability to exercise significant influence over the joint venture through board representation and voting rights, all significant decisions require the consent of the other investors without regard to economic interest. Summarized Financial Information During the periods ended March 31, 2020 and December 31, 2019, our equity method investees were considered related parties and included:  Green Plains Cattle Company LLC, a joint venture formed on September 1, 2019, in which we have a 50 % noncontrolling interest. See description of GPCC above.  Optimal Aqua LLC, in which we owned a 50 % noncontrolling interest, until the acquisition of the remaining 50 % interest during the first quarter of 2020, at which time the company consolidated their results in its consolidated financial statements . Optimal Aqua LLC produces high-quality aquaculture feeds utilizing proprietary techniques and high-protein feed ingredients.  NLR Energy Logistics LLC, in which the partnership has a 50 % noncontrolling interest. NLR Energy Logistics LLC operates a unit train terminal in the Little Rock, Arkansas area with capacity to unload 110 -unit cars and provide approximately 100,000 barrels of storage. Our equity method investments are summarized in the following table (in thousands): Ownership as of March 31, 2020 March 31, 2020 December 31, 2019 Green Plains Cattle Company LLC (1) 50 % $ 126,626 $ 64,161 Optimal Aqua LLC (2) 100 % - 508 NLR Energy Logistics LLC 50 % 4,487 4,329 Total $ 131,113 $ 68,998 (1) The equity method investment in GPCC is impacted by the effect of deferred gains or losses on cattle sale contracts designated in a cash flow hedge relationship. Pre-tax accumulated other comprehensive income for GPCC was $ 39.2 million as of March 31, 2020 compared to pre-tax accumulated other comprehensive loss of $ 16.2 million as of December 31, 2019. (2) The company acquired the remaining 50 % share in Optimal Aqua LLC during the first quarter of 2020 at which time the company consolidated their results in its consolidated financial statements . Earnings from equity method investments were as follows: Three Months Ended March 31, 2020 2019 Green Plains Cattle Company LLC (1) $ 7,808 $ - NLR Energy Logistics LLC 158 215 All others - ( 289 ) Total income (loss) from equity method investments, net of income taxes $ 7,966 $ ( 74 ) Distributions from equity method investments $ 3,247 $ - Income (loss) from equity method investments, net of distributions $ 4,719 $ ( 74 ) (1) Pre-tax equity method earnings of GPCC were $ 10.4 million during the three months ended March 31, 2020. The company reports its proportional share of equity method investment income (loss) in the consolidated statements of operations. The company’s share of equity method investees other comprehensive income arising during the period is included in accumulated other comprehensive income (loss) in the accompanying balance sheet.

Basis Of Presentation, Descri_2

Basis Of Presentation, Description Of Business And Summary Of Significant Accounting Policies (Policy)	3 Months Ended
	Mar. 31, 2020
Basis Of Presentation, Description Of Business And Summary Of Significant Accounting Policies [Abstract]
Consolidated Financial Statements	Consolidated Financial Statements The consolidated financial statements include the company’s accounts and all significant intercompany balances and transactions are eliminated. Unconsolidated entities are included in the financial statements on an equity basis. T he company owns a 49.0 % limited partner interest and a 2.0 % general partner interest in Green Plains Partners LP. Public investors own the remaining 49.0 % limited partner interest in the partnership. The company determined that the limited partners in the partnership with equity at risk lack the power, through voting rights or similar rights, to direct the activities that most significantly impact partnership’s economic performance; therefore, the partnership is considered a variable interest entity. The company, through its ownership of the general partner interest in the partnership, has the power to direct the activities that most significantly affect economic performance and is obligated to absorb losses and has the right to receive benefits that could be significant to the partnership. Therefore, the company is considered the primary beneficiary and consolidates the partnership in the company’s financial statements. The assets of the partnership cannot be used by the company for general corporate purposes. The partnership’s consolidated total assets as of March 31, 2020 and December 31, 2019, excluding intercompany balances, are $ 91.0 million and $ 90.0 million, respectively, and primarily consist of property and equipment, operating lease right-of-use assets and goodwill. The partnership’s consolidated total liabilities as of March 31, 2020 and December 31, 2019, excluding intercompany balances, are $ 182.5 million and $ 180.9 million, respectively, which primarily consist of long-term debt as discussed in Note 9 – Debt and operating lease liabilities. The liabilities recognized as a result of consolidating the partnership do not represent additional claims on our general assets. GPCC, a previously a wholly owned subsidiary of Green Plains, was disposed of during the third quarter of 2019. After closing, GPCC is no longer consolidated in the company’s consolidated financial statements and the GPCC investment is accounted for using the equity method of accounting. Additionally, the company concluded that the disposition of GPCC met the requirements under ASC 205-20 Presentation of Financial Statements – Discontinued Operations (“ASC 205-20”) to be presented as discontinued operations. As such, GPCC results prior to its disposition are classified as discontinued operations in prior period consolidated financial statements. See Note 3 - Dispositions and Discontinued Operations for further details. The company also owns a 90.0 % interest in BioProcess Algae, a joint venture formed in 2008, and consolidates their results in its consolidated financial statements. The accompanying unaudited consolidated financial statements are prepared in accordance with GAAP for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X. Because they do not include all of the information and notes required by GAAP, the consolidated financial statements should be read in conjunction with the company’s annual report on Form 10-K for the year ended December 31, 2019, as filed with the SEC on February 20, 2020. The unaudited financial information reflects adjustments, which are, in the opinion of management, necessary for a fair presentation of results of operations, financial position and cash flows for the periods presented. The adjustments are normal and recurring in nature, unless otherwise noted. Interim period results are not necessarily indicative of the results to be expected for the entire year.
Reclassifications	Reclassifications Certain prior year amounts relating to the discontinued operations of GPCC were reclassified to conform to the current year presentation. These reclassifications affected certain balance sheet line items, total revenues, costs and expenses.
Use Of Estimates In The Preparation Of Consolidated Financial Statements	Use of Estimates in the Preparation of Consolidated Financial Statements The preparation of consolidated financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. The company bases its estimates on historical experience and assumptions it believes are proper and reasonable under the circumstances and regularly evaluates the appropriateness of its estimates and assumptions. Actual results could differ from those estimates. Key accounting policies, including but not limited to those relating to revenue recognition, operating leases, impairment of long-lived assets and goodwill, derivative financial instruments and accounting for income taxes, are impacted significantly by judgments, assumptions and estimates used in the preparation of the consolidated financial statements.
Description Of Business	Description of Business The company operates within four business segments: (1) ethanol production, which includes the production of ethanol, distillers grains and corn oil, (2) agribusiness and energy services, which includes grain handling and storage, commodity marketing and merchant trading for company-produced and third-party ethanol, distillers grains, corn oil, natural gas and other commodities, (3) food and ingredients, which includes food-grade corn oil and (4) partnership, which includes fuel storage and transportation services.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents includes bank deposits as well as short-term, highly liquid investments with original maturities of three months or less.
Restricted Cash	Restricted Cash The company has restricted cash, which can only be used for funding letters of credit or for payment towards a revolving credit agreement. Restricted cash also includes cash margins and securities pledged to commodity exchange clearinghouses and at times, funds in escrow related to acquisition and disposition activities. To the degree these segregated balances are cash and cash equivalents, they are considered restricted cash on the consolidated balance sheets.
Revenue Recognition	Revenue Recognition The company recognizes revenue when obligations under the terms of a contract with a customer are satisfied. Generally this occurs with the transfer of control of products or services. Revenue is measured as the amount of consideration expected to be received in exchange for transferring goods or providing services. Sales, value add, and other taxes the company collects concurrent with revenue-producing activities are excluded from revenue. Sales of ethanol, distillers grains, corn oil, natural gas and other commodities by the company’s marketing business are recognized when obligations under the terms of a contract with a customer are satisfied. Generally, this occurs with the transfer of control of products or services. Revenues related to marketing for third parties are presented on a gross basis as the company controls the product prior to the sale to the end customer, takes title of the product and has inventory risk. Unearned revenue is recorded for goods in transit when the company has received payment but control has not yet been transferred to the customer. Revenues for receiving, storing, transferring and transporting ethanol and other fuels are recognized when the product is delivered to the customer. The company routinely enters into physical-delivery energy commodity purchase and sale agreements. At times, the company settles these transactions by transferring its obligations to other counterparties rather than delivering the physical commodity. Energy trading transactions are reported net as a component of revenue. Revenues include net gains or losses from derivatives related to products sold while cost of goods sold includes net gains or losses from derivatives related to commodities purchased. Revenues also include realized gains and losses on related derivative financial instruments and reclassifications of realized gains and losses on cash flow hedges from accumulated other comprehensive income or loss. Sales of products, including agricultural commodities, are recognized when control of the product is transferred to the customer, which depends on the agreed upon shipment or delivery terms. Revenues related to grain merchandising are presented gross and include shipping and handling, which is also a component of cost of goods sold. Revenues from grain storage are recognized over time as the services are rendered. A substantial portion of the partnership revenues are derived from fixed-fee commercial agreements for storage, terminal or transportation services. The partnership recognizes revenue upon transfer of control of product from its storage tanks and fuel terminals, when railcar volumetric capacity is provided, and as truck transportation services are performed. To the extent shortfalls associated with minimum volume commitments in the previous four quarters continue to exist, volumes in excess of the minimum volume commitment are applied to those shortfalls. Remaining excess volumes generating operating lease revenue are recognized as incurred.
Shipping and Handling Costs	Shipping and Handling Costs The company accounts for shipping and handling activities related to contracts with customers as costs to fulfill its promise to transfer the associated products. Accordingly, the company records customer payments associated with shipping and handling costs as a component of revenue, and classifies such costs as a component of cost of goods sold.
Cost Of Goods Sold	Cost of Goods Sold Cost of goods sold includes direct labor, materials, shipping and plant overhead costs. Direct labor includes all compensation and related benefits of non-management personnel involved in ethanol production. Grain purchasing and receiving costs, excluding labor costs for grain buyers and scale operators, are also included in cost of goods sold. Materials include the cost of corn feedstock, denaturant, and process chemicals. Corn feedstock costs include gains and losses on related derivative financial instruments not designated as cash flow hedges, inbound freight charges, inspection costs and transfer costs, as well as reclassifications of gains and losses on cash flow hedges from accumulated other comprehensive income or loss. Plant overhead consists primarily of plant utilities, repairs and maintenance and outbound freight charges. Shipping costs incurred by the company, including railcar costs, are also reflected in cost of goods sold. The company uses exchange-traded futures and options contracts and forward purchase and sale contracts to attempt to minimize the effect of price changes on ethanol, grain and natural gas. Exchange-traded futures and options contracts are valued at quoted market prices and settled predominantly in cash. The company is exposed to loss when counterparties default on forward purchase and sale contracts. Grain inventories held for sale and forward purchase and sale contracts are valued at market prices when available or other market quotes adjusted for differences, primarily in transportation, between the exchange-traded market and local market where the terms of the contract is based. Changes in forward purchase contracts and exchange-traded futures and options contracts are recognized as a component of cost of goods sold.
Operations and Maintenance Expenses	Operations and Maintenance Expenses In the partnership segment, transportation expenses represent the primary component of operations and maintenance expenses. Transportation expenses include railcar leases, freight and shipping of the company’s ethanol and co-products, as well as costs incurred storing ethanol at destination terminals.
Derivative Financial Instruments	Derivative Financial Instruments The company uses various derivative financial instruments, including exchange-traded futures and exchange-traded and over-the-counter options contracts, to attempt to minimize risk and the effect of commodity price changes including but not limited to, corn, ethanol, natural gas and crude oil. The company monitors and manages this exposure as part of its overall risk management policy to reduce the adverse effect market volatility may have on its operating results. The company may hedge these commodities as one way to mitigate risk; however, there may be situations when these hedging activities themselves result in losses. By using derivatives to hedge exposures to changes in commodity prices, the company is exposed to credit and market risk. The company’s exposure to credit risk includes the counterparty’s failure to fulfill its performance obligations under the terms of the derivative contract. The company minimizes its credit risk by entering into transactions with high quality counterparties, limiting the amount of financial exposure it has with each counterparty and monitoring their financial condition. Market risk is the risk that the value of the financial instrument might be adversely affected by a change in commodity prices or interest rates. The company manages market risk by incorporating parameters to monitor exposure within its risk management strategy, which limits the types of derivative instruments and strategies the company can use and the degree of market risk it can take using derivative instruments. The company evaluates its physical delivery contracts to determine if they qualify for normal purchase or sale exemptions which are expected to be used or sold over a reasonable period in the normal course of business. Contracts that do not meet the normal purchase or sale criteria are recorded at fair value. Changes in fair value are recorded in operating income unless the contracts qualify for, and the company elects, cash flow hedge accounting treatment. Certain qualifying derivatives related to ethanol production and agribusiness and energy services are designated as cash flow hedges. The company evaluates the derivative instrument to ascertain its effectiveness prior to entering into cash flow hedges. Unrealized gains and losses are reflected in accumulated other comprehensive income or loss until the gain or loss from the underlying hedged transaction is realized and the physical transaction is completed. When it becomes probable a forecasted transaction will not occur, the cash flow hedge treatment is discontinued, which affects earnings. These derivative financial instruments are recognized in current assets or current liabilities at fair value. At times, the company hedges its exposure to changes in inventory values and designates qualifying derivatives as fair value hedges. The carrying amount of the hedged inventory is adjusted in the current period for changes in fair value. Ineffectiveness of the hedges is recognized in the current period to the extent the change in fair value of the inventory is not offset by the change in fair value of the derivative.

Revenue (Tables)

Revenue (Tables)	3 Months Ended
	Mar. 31, 2020
Revenue [Abstract]
Disaggregation Of Revenue By Major Source	The following tables disaggregate revenue by major source for the three months ended March 31, 2020 and 2019 (in thousands): Three Months Ended March 31, 2020 Ethanol Production Agribusiness & Energy Services Food & Ingredients Partnership Eliminations Total Revenues: Revenues from contracts with customers under ASC 606: Ethanol $ - $ - $ - $ - $ - $ - Distillers grains 16,475 - - - - 16,475 Service revenues - - - 1,179 - 1,179 Other 2,959 390 - - - 3,349 Intersegment revenues 25 - - 2,074 ( 2,099 ) - Total revenues from contracts with customers 19,459 390 - 3,253 ( 2,099 ) 21,003 Revenues from contracts accounted for as derivatives under ASC 815 (1) : Ethanol 367,092 126,093 - - - 493,185 Distillers grains 72,527 4,709 - - - 77,236 Corn oil 14,684 5,730 - - - 20,414 Grain 6 7,950 - - - 7,956 Other 1,957 11,009 - - - 12,966 Intersegment revenues - 7,308 - - ( 7,308 ) - Total revenues from contracts accounted for as derivatives 456,266 162,799 - - ( 7,308 ) 611,757 Leasing revenues under ASC 842 (2) : - - - 17,018 ( 16,909 ) 109 Total Revenues $ 475,725 $ 163,189 $ - $ 20,271 $ ( 26,316 ) $ 632,869 Three Months Ended March 31, 2019 (3) Ethanol Production Agribusiness & Energy Services Food & Ingredients Partnership Eliminations Total Revenues: Revenues from contracts with customers under ASC 606: Ethanol $ 620 $ - $ - $ - $ - $ 620 Distillers grains 17,681 - - - - 17,681 Service revenues - - - 2,083 - 2,083 Other 235 178 - - - 413 Intersegment revenues 25 - - 1,392 ( 1,417 ) - Total revenues from contracts with customers 18,561 178 - 3,475 ( 1,417 ) 20,797 Revenues from contracts accounted for as derivatives under ASC 815 (1) : Ethanol 201,158 77,077 - - - 278,235 Distillers grains 36,599 16,459 - - - 53,058 Corn oil 8,613 6,971 1,452 - - 17,036 Grain 136 20,855 - - - 20,991 Other 5,766 42,536 - - - 48,302 Intersegment revenues - 5,132 - - ( 5,132 ) - Total revenues from contracts accounted for as derivatives 252,272 169,030 1,452 - ( 5,132 ) 417,622 Leasing revenues under ASC 842 (2) : - - - 17,612 ( 17,390 ) 222 Total Revenues $ 270,833 $ 169,208 $ 1,452 $ 21,087 $ ( 23,939 ) $ 438,641 (1) Revenues from contracts accounted for as derivatives represent physically settled derivative sales that are outside the scope of ASC 606, where the company recognizes revenue when control of the inventory is transferred within the meaning of ASC 606 as required by ASC 610-20, Gains and Losses from Derecognition of Nonfinancial Assets . (2) Leasing revenues do not represent revenues recognized from contracts with customers under ASC 606, and are accounted for under ASC 842, Leases . (3) Revenues include certain items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These revenue transactions are now presented on a gross basis in product revenues. These revenue transactions total $ 3.4 million for the three months ended March 31, 2019.

Dispositions And Discontinued_2

Dispositions And Discontinued Operations (Tables)	3 Months Ended
	Mar. 31, 2020
Dispositions And Discontinued Operations [Abstract]
Amounts Of Identifiable Assets Disposed And Liabilities Relinquished	Amounts of Identifiable Assets Disposed and Liabilities Relinquished Cash $ 2 Accounts receivable, net 17,920 Inventory 387,534 Derivative financial instruments 48,189 Property and equipment 71,678 Other assets 2,291 Current liabilities ( 49,297 ) Short-term notes payable and other borrowings ( 38 ) Current maturities of long-term debt ( 324,028 ) Long-term debt ( 80 ) Other liabilities ( 403 ) Total identifiable net assets disposed $ 153,768
Summarized Results Of Discontinued Operations	Three Months Ended March 31, 2019 Product revenues $ 207,085 Costs and expenses Cost of goods sold (excluding depreciation and amortization expenses reflected below) 204,557 Selling, general and administrative expenses 2,284 Depreciation and amortization expenses 1,611 Total costs and expenses 208,452 Operating loss ( 1,367 ) Other income (expense) Interest income 77 Interest expense ( 4,696 ) Total other expense ( 4,619 ) Loss before income taxes ( 5,986 ) Income tax benefit 1,517 Net loss $ ( 4,469 ) (1) Product revenues, costs of goods sold and selling, general and administrative expenses include certain revenue and expense items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These revenue and costs of goods sold transactions total $ 3.4 million for the three months ended March 31, 2019.

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Schedule Of Assets And Liabilities Fair Value	The company’s assets and liabilities by level are as follows (in thousands): Fair Value Measurements at March 31, 2020 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs (Level 1) (Level 2) Total Assets: Cash and cash equivalents $ 194,333 $ - $ 194,333 Restricted cash 11,191 - 11,191 Inventories carried at market - 46,483 46,483 Unrealized gains on derivatives - 22,943 22,943 Other assets 112 - 112 Total assets measured at fair value $ 205,636 $ 69,426 $ 275,062 Liabilities: Accounts payable (1) $ - $ 23,714 $ 23,714 Unrealized losses on derivatives - 15,589 15,589 Total liabilities measured at fair value $ - $ 39,303 $ 39,303 Fair Value Measurements at December 31, 2019 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs (Level 1) (Level 2) Total Assets: Cash and cash equivalents $ 245,977 $ - $ 245,977 Restricted cash 23,919 - 23,919 Inventories carried at market - 73,318 73,318 Unrealized gains on derivatives - 14,515 14,515 Other assets 113 - 113 Total assets measured at fair value $ 270,009 $ 87,833 $ 357,842 Liabilities: Accounts payable (1) $ - $ 37,294 $ 37,294 Unrealized losses on derivatives - 7,771 7,771 Total liabilities measured at fair value $ - $ 45,065 $ 45,065 (1) Accounts payable is generally stated at historical amounts with the exception of $ 23.7 million and $ 37.3 million at March 31, 2020 and December 31, 2019, respectively, related to certain delivered inventory for which the payable fluctuates based on changes in commodity prices. These payables are hybrid financial instruments for which the company has elected the fair value option.

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2020
Segment Information [Abstract]
Summary Of Financial Data	The following tables set forth certain financial data for the company’s operating segments (in thousands): Three Months Ended March 31, 2020 2019 (1) Revenues: Ethanol production: Revenues from external customers $ 475,700 $ 270,808 Intersegment revenues 25 25 Total segment revenues 475,725 270,833 Agribusiness and energy services: Revenues from external customers 155,881 164,076 Intersegment revenues 7,308 5,132 Total segment revenues 163,189 169,208 Food and ingredients: Revenues from external customers - 1,452 Intersegment revenues - - Total segment revenues - 1,452 Partnership: Revenues from external customers 1,288 2,305 Intersegment revenues 18,983 18,782 Total segment revenues 20,271 21,087 Revenues including intersegment activity 659,185 462,580 Intersegment eliminations ( 26,316 ) ( 23,939 ) Revenues as reported $ 632,869 $ 438,641 (1) Revenues include certain items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These revenue transactions are now presented on a gross basis in product revenues. These revenue transactions total $ 3.4 million for the three months ended March 31, 2019. Refer to Note 2 - Revenue , for further disaggregation of revenue by operating segment. Three Months Ended March 31, 2020 2019 (1) Cost of goods sold: Ethanol production $ 489,150 $ 293,487 Agribusiness and energy services 156,502 159,626 Food and ingredients - 1,516 Intersegment eliminations ( 28,424 ) ( 20,238 ) $ 617,228 $ 434,391 (1) Cost of goods sold include certain items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These cost of goods sold transactions are now presented on a gross basis in cost of goods sold. These cost of goods sold transactions total $ 3.4 million for the three months ended March 31, 2019. Three Months Ended March 31, 2020 2019 Operating income (loss): Ethanol production (1) $ ( 60,781 ) $ ( 44,192 ) Agribusiness and energy services 2,560 5,304 Food and ingredients - ( 65 ) Partnership 12,430 12,551 Intersegment eliminations 2,133 ( 3,677 ) Corporate activities ( 10,670 ) ( 8,559 ) $ ( 54,328 ) $ ( 38,638 ) (1) Operating loss for ethanol production includes a goodwill impairment charge of $24.1 million for the three months ended March 31, 2020. Three Months Ended March 31, 2020 2019 Depreciation and amortization: Ethanol production $ 15,898 $ 15,340 Agribusiness and energy services 553 549 Partnership 961 985 Corporate activities 668 750 $ 18,080 $ 17,624
Summary Of Total Assets For Operating Segments	March 31, 2020 December 31, 2019 Total assets (1) : Ethanol production $ 903,447 $ 884,293 Agribusiness and energy services 288,297 410,400 Partnership 90,992 90,011 Corporate assets 351,211 324,280 Intersegment eliminations 4,151 ( 10,766 ) $ 1,638,098 $ 1,698,218 (1) Asset balances by segment exclude intercompany balances .

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2020
Inventories [Abstract]
Schedule of Inventories	March 31, 2020 December 31, 2019 Finished goods $ 65,525 $ 85,975 Commodities held for sale 21,409 42,836 Raw materials 81,938 77,900 Work-in-process 11,370 13,523 Supplies and parts 34,094 32,758 $ 214,336 $ 252,992

Goodwill (Tables)

Goodwill (Tables)	3 Months Ended
	Mar. 31, 2020
Goodwill [Abstract]
Schedule of Changes in Carrying Amount of Goodwill Attributable to Each Business Segment	Ethanol Production Partnership Total Balance, December 31, 2019 $ 24,091 $ 10,598 $ 34,689 Impairment charge ( 24,091 ) - ( 24,091 ) Balance, March 31, 2020 $ - $ 10,598 $ 10,598

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2020
Schedule Of Fair Values Of Derivative Financial Instruments	Asset Derivatives' Liability Derivatives' Fair Value Fair Value March 31, 2020 December 31, 2019 March 31, 2020 December 31, 2019 Derivative financial instruments $ 22,943 (1) $ 14,515 (2) $ 15,589 $ 7,771 (1) At March 31, 2020, derivative financial instruments, as reflected on the balance sheet, includes net unrealized gains on exchange traded futures and options contracts of $ 34.2 million, which include $ 1.0 million of net unrealized gains on derivative financial instruments designated as cash flow hedging instruments. (2) At December 31, 2019, derivative financial instruments, as reflected on the balance sheet, includes net unrealized gains on exchange traded futures and options contracts of $ 3.4 million, which include $ 0.1 million of net unrealized gains on derivative financial instruments designated as cash flow hedging instruments.
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	Effect of Derivative Instruments on Consolidated Balance Sheets, Consolidated Statements of Operations and Consolidated Statements of Comprehensive Income The gains or losses recognized in income and other comprehensive income related to the company’s derivative financial instruments and the line items on the consolidated financial statements where they are reported are as follows (in thousands): Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income Location of Gain (Loss) Reclassified from Accumulated Other Three Months Ended March 31, Comprehensive Income into Income 2020 2019 Revenues $ 8,818 $ - Cost of goods sold ( 2,901 ) - Net loss from discontinued operations, net of income taxes - ( 13,516 ) Net gain (loss) recognized in loss before tax $ 5,917 $ ( 13,516 ) Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives Gain (Loss) Recognized in Other Comprehensive Income on Three Months Ended March 31, Derivatives 2020 2019 Commodity contracts $ 5,979 $ ( 8,963 ) Amount of Gain (Loss) Location of Gain (Loss) Recognized in Income on Derivatives Derivatives Not Designated Recognized in Income Three Months Ended March 31, as Hedging Instruments on Derivatives 2020 2019 Commodity contracts Revenues $ 45,407 $ ( 12,824 ) Commodity contracts Costs of goods sold ( 2,679 ) 3,410 Commodity contracts Net loss from discontinued operations, net of income taxes - ( 5,741 ) Net gain (loss) recognized in loss before tax $ 42,728 $ ( 15,155 ) The following amounts were recorded on the consolidated balance sheets related to cumulative basis adjustments for the fair value hedged items (in thousands): March 31, 2020 December 31, 2019 Line Item in the Consolidated Balance Sheet in Which the Hedged Item is Included Carrying Amount of the Hedged Assets Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets Carrying Amount of the Hedged Assets Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets Inventories $ 32,463 $ ( 6,185 ) $ 55,021 $ ( 2,808 ) Effect of Cash Flow and Fair Value Hedge Accounting on the Statements of Operations The effect of cash flow and fair value hedges and the line items on the consolidated statements of operations where they are reported are as follows (in thousands): Location and Amount of Gain or (Loss) Recognized in Income on Cash Flow and Fair Value Hedging Relationships for the Three Months Ended March 31, 2020 2019 Revenue Cost of Goods Sold Income (Loss) from Discontinued Operations, Net of Income Taxes Revenue Cost of Goods Sold Loss from Discontinued Operations, Net of Income Taxes Gain (loss) on cash flow hedging relationships: Commodity contracts: Amount of gain (loss) reclassified from accumulated other comprehensive income into income $ 8,818 $ ( 2,901 ) $ - $ - $ - $ ( 13,516 ) Gain (loss) on fair value hedging relationships: Commodity contracts: Hedged item - ( 7,594 ) - - ( 1,553 ) - Derivatives designated as hedging instruments - 8,114 - - 3,859 - Total amounts of income and expense line items presented in the statement of operations in which the effects of cash flow or fair value hedges are recorded $ 8,818 $ ( 2,381 ) $ - $ - $ 2,306 $ ( 13,516 )
Schedule Of Volumes of Open Commodity Derivative Positions [Member]
Schedule Of Open Position Derivative Financial Instruments	Exchange Traded (1) Non-Exchange Traded (2) Derivative Instruments Net Long & (Short) Long (Short) Unit of Measure Commodity Futures ( 23,875 ) Bushels Corn and Soybeans Futures ( 6,865 ) (3) Bushels Corn Futures ( 170,226 ) Gallons Ethanol Futures ( 2,940 ) (4) Gallons Ethanol Futures ( 10,588 ) MmBTU Natural Gas Futures ( 5,038 ) (3) MmBTU Natural Gas Options 19 Tons Soybean Meal Options ( 3,667 ) Bushels Corn Options 18,358 Gallons Ethanol Options 615 MmBTU Natural Gas Forwards 17,471 ( 811 ) Bushels Corn and Soybeans Forwards 1,885 ( 262,121 ) Gallons Ethanol Forwards 159 ( 463 ) Tons DDG Forwards 23,616 ( 120,471 ) Pounds Corn Oil Forwards 2,943 ( 391 ) MmBTU Natural Gas (1) Exchange traded futures and options are presented on a net long and (short) position basis. Options are presented on a delta-adjusted basis. (2) Non-exchange traded forwards are presented on a gross long and (short) position basis including both fixed-price and basis contracts. (3) Futures used for cash flow hedges. (4) Futures or non-exchange traded forwards used for fair value hedges.

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2020
Debt [Abstract]
Schedule Of The Components Of Long-Term Debt	March 31, 2020 December 31, 2019 Corporate: $ 170.0 million convertible notes due 2022 (1) $ 150,990 $ 149,256 $ 115.0 million convertible notes due 2024 (2) 84,842 83,497 Green Plains Partners: $ 200.0 million revolving credit facility (3) 130,200 132,100 Other 16,469 16,512 Total face value of long-term debt 382,501 381,365 Unamortized debt issuance costs ( 4,506 ) ( 4,820 ) Less: current maturities of long-term debt ( 130,785 ) ( 132,555 ) Total long-term debt $ 247,210 $ 243,990 (1) Includes $ 1.9 million and $ 2.0 million of unamortized debt issuance costs as of March 31, 2020 and December 31, 2019, respectively. (2) Includes $ 2.6 million and $ 2.8 million of unamortized debt issuance costs as of March 31, 2020 and December 31, 2019, respectively. (3) The Green Plains Partners revolving credit facility is included in current maturities of long-term debt balance on the consolidated balance sheets as of March 31, 2020 and December 31, 2019 as its maturity date is July 1, 2020 .
Schedule Of Short-term Notes Payable And Other Borrowings	March 31, 2020 December 31, 2019 Green Plains Trade: $ 300.0 million revolver $ 61,208 $ 138,204 Green Plains Grain: $ 100.0 million revolver 78,000 40,000 $ 50.0 million inventory financing - - Green Plains Commodity Management: $ 30.0 million hedge line 27,835 9,608 $ 167,043 $ 187,812

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2020
Stock-Based Compensation [Abstract]
Schedule of Non-Vest Stock Award and DSU Activity	Non-Vested Shares and Deferred Stock Units Weighted- Average Grant- Date Fair Value Weighted-Average Remaining Vesting Term (in years) Non-Vested at December 31, 2019 751,315 $ 17.48 Granted 476,474 10.64 Forfeited ( 19,750 ) 16.20 Vested ( 282,786 ) 19.49 Non-Vested at March 31, 2020 925,253 $ 13.37 2.3
The Weighted Average Assumptions Used by the Company in Applying the Monte Carlo Valuation Model for Performance Share Grants	FY 2019 Performance Awards FY 2018 Performance Awards Risk-free interest rate 2.45 % 2.44 % Dividend yield 3.13 % 2.64 % Expected volatility 41.69 % 45.11 % Monte Carlo valuation 99.62 % 97.39 % Closing stock price on the date of grant $ 15.34 $ 18.15
Schedule Of Non-Vested Performance Share Award Activity	Performance Shares Weighted- Average Grant- Date Fair Value Weighted-Average Remaining Vesting Term (in years) Non-Vested at December 31, 2019 285,403 $ 16.38 Granted 232,566 10.64 Non-Vested at March 31, 2020 517,969 $ 13.80 2.4
Schedule Of Stock Option Activity	Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term (in years) Aggregate Intrinsic Value (in thousands) Outstanding at December 31, 2019 10,000 $ 16.95 0.2 $ - Expired ( 10,000 ) 16.95 - - Outstanding at March 31, 2020 - $ - - $ - Exercisable at March 31, 2020 - $ - - $ -

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2020
Earnings Per Share [Abstract]
Schedule Of Basic And Diluted Earnings Per Share	Three Months Ended March 31, 2020 2019 Numerator: Net loss from continuing operations (1) $ ( 16,445 ) $ ( 38,330 ) Net loss from discontinued operations - ( 4,469 ) Net loss attributable to Green Plains $ ( 16,445 ) $ ( 42,799 ) Denominator: Weighted-average shares outstanding - basic 34,665 40,315 Dilutive effect of convertible debt and stock-based compensation (2) - - Weighted-average shares outstanding - diluted 34,665 40,315 EPS - basic and diluted: EPS from continuing operations $ ( 0.47 ) $ ( 0.95 ) EPS from discontinued operations - ( 0.11 ) EPS $ ( 0.47 ) $ ( 1.06 ) Anti-dilutive weighted-average convertible debt and stock-based compensation (2) 13,926 9,853 (1) Net loss from continuing operations can be recalculated from our consolidated statements of operations by taking the net loss from continuing operations including noncontrolling interest less net income attributable to noncontrolling interests. (2) The effect related to the company’s convertible debt and stock-based compensation awards have been excluded from diluted EPS for the periods presented as the inclusion of these shares would have been antidilutive.

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2020
Stockholders' Equity [Abstract]
Schedule Of Stockholders' Equity	Accum. Total Additional Other Green Plains Non- Total Common Stock Paid-in Retained Comp. Treasury Stock Stockholders' Controlling Stockholders' Shares Amount Capital Earnings Income Shares Amount Equity Interests Equity Balance, January 1, 2020 46,964 $ 47 $ 734,580 $ 148,150 $ ( 11,064 ) 10,932 $ ( 119,808 ) $ 751,905 $ 113,381 $ 865,286 Net income (loss) - - - ( 16,445 ) - - - ( 16,445 ) 6,098 ( 10,347 ) Distributions declared - - - - - - - - ( 5,498 ) ( 5,498 ) Other comprehensive loss before reclassification - - - - 4,532 - - 4,532 - 4,532 Amounts reclassified from accumulated other comprehensive loss - - - - ( 4,485 ) - - ( 4,485 ) - ( 4,485 ) Other comprehensive income, net of tax - - - - 47 - - 47 - 47 Share of equity method investees other comprehensive loss arising during the period, net of tax - - - - 41,956 - - 41,956 - 41,956 Repurchase of common stock - - - - - 881 ( 11,479 ) ( 11,479 ) - ( 11,479 ) Stock-based compensation 343 - 36 - - - - 36 79 115 Balance, March 31, 2020 47,307 $ 47 $ 734,616 $ 131,705 $ 30,939 11,813 $ ( 131,287 ) $ 766,020 $ 114,060 $ 880,080 Accum. Total Additional Other Green Plains Non- Total Common Stock Paid-in Retained Comp. Treasury Stock Stockholders' Controlling Stockholders' Shares Amount Capital Earnings Income Shares Amount Equity Interests Equity Balance, January 1, 2019 46,638 $ 47 $ 696,222 $ 324,728 $ ( 16,016 ) 5,536 $ ( 58,162 ) $ 946,819 $ 116,170 $ 1,062,989 Net income (loss) - - - ( 42,799 ) - - - ( 42,799 ) 4,928 ( 37,871 ) Cash dividends and distributions declared - - - ( 4,847 ) - - - ( 4,847 ) ( 5,487 ) ( 10,334 ) Other comprehensive loss before reclassification - - - - ( 6,883 ) - - ( 6,883 ) - ( 6,883 ) Amounts reclassified from accumulated other comprehensive loss - - - - 10,376 - - 10,376 - 10,376 Other comprehensive income, net of tax - - - - 3,493 - - 3,493 - 3,493 Proceeds from disgorgement of shareholders short-swing profits, net (1) - - 5,023 - - - - 5,023 - 5,023 Stock-based compensation 284 - 428 - - - - 428 79 507 Balance, March 31, 2019 46,922 $ 47 $ 701,673 $ 277,082 $ ( 12,523 ) 5,536 $ ( 58,162 ) $ 908,117 $ 115,690 $ 1,023,807 (1) During the three months ended March 31, 2019, the company received $ 6.7 million from a shareholder of the company for disgorgement of shareholder short-swing profits under Section 16(b) under the Exchange Act. The amount was recorded as an increase to additional paid-in capital, net of tax.
Reclassification From Accumulated Other Comprehensive Income (Loss)	Three Months Ended March 31, Statements of Operations 2020 2019 Classification Gains (losses) on cash flow hedges: Commodity derivatives $ 8,818 $ - (1) Commodity derivatives ( 2,901 ) - (2) Total gains on cash flow hedges from continuing operations 5,917 - (3) Losses on cash flow hedges from discontinued operations - ( 10,376 ) (4) Income tax expense 1,432 - (5) Amounts reclassified from accumulated other comprehensive income (loss) $ 4,485 $ ( 10,376 ) (1) Revenues (2) Costs of goods sold (3) Loss from continuing operations before income taxes and income (loss) from equity method investees (4) Net loss from discontinued operations, net of income taxes (5) Income tax benefit

Commitments And Contingencies (

Commitments And Contingencies (Tables)	3 Months Ended
	Mar. 31, 2020
Commitments And Contingencies [Abstract]
Components Of Lease Expense	Three Months Ended March 31, 2020 2019 Lease expense Operating lease expense $ 4,945 $ 5,482 Variable lease expense (1) 269 124 Total lease expense $ 5,214 $ 5,606 (1) Represents amounts incurred in excess of the minimum payments required for the handling and unloading of railcars for a certain land lease, offset by railcar lease abatements provided by the lessor when railcars are out of service during periods of maintenance or upgrade.
Supplemental Cash Flow Information Related To Operating Leases	Three Months Ended March 31, 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 4,849 $ 5,484 Right-of-use assets obtained in exchange for lease obligations: Operating leases 5,675 -
Supplemental Balance Sheet Information Related To Operating Leases	March 31, 2020 December 31, 2019 Weighted average remaining lease term 6.5 years 6.6 years Weighted average discount rate 5.43 % 5.46 %
Schedule of Aggregate Minimum Lease Payments	Year Ending December 31, Amount 2020 $ 14,710 2021 13,136 2022 11,215 2023 7,976 2024 6,157 Thereafter 25,949 Total 79,143 Less: Present value discount ( 22,666 ) Lease liabilities $ 56,477

Equity Method Investments (Tabl

Equity Method Investments (Tables)	3 Months Ended
	Mar. 31, 2020
Equity Method Investments [Abstract]
Summary Of Equity Method Investments	Ownership as of March 31, 2020 March 31, 2020 December 31, 2019 Green Plains Cattle Company LLC (1) 50 % $ 126,626 $ 64,161 Optimal Aqua LLC (2) 100 % - 508 NLR Energy Logistics LLC 50 % 4,487 4,329 Total $ 131,113 $ 68,998 (1) The equity method investment in GPCC is impacted by the effect of deferred gains or losses on cattle sale contracts designated in a cash flow hedge relationship. Pre-tax accumulated other comprehensive income for GPCC was $ 39.2 million as of March 31, 2020 compared to pre-tax accumulated other comprehensive loss of $ 16.2 million as of December 31, 2019. (2) The company acquired the remaining 50 % share in Optimal Aqua LLC during the first quarter of 2020 at which time the company consolidated their results in its consolidated financial statements .
Earnings From Equity Method Investments	Three Months Ended March 31, 2020 2019 Green Plains Cattle Company LLC (1) $ 7,808 $ - NLR Energy Logistics LLC 158 215 All others - ( 289 ) Total income (loss) from equity method investments, net of income taxes $ 7,966 $ ( 74 ) Distributions from equity method investments $ 3,247 $ - Income (loss) from equity method investments, net of distributions $ 4,719 $ ( 74 ) (1) Pre-tax equity method earnings of GPCC were $ 10.4 million during the three months ended March 31, 2020.

Basis Of Presentation, Descri_3

Basis Of Presentation, Description Of Business And Summary Of Significant Accounting Policies (Narrative) (Details) $ in Thousands		Sep. 01, 2019	Jul. 01, 2015	Mar. 31, 2020USD ($)segment	Dec. 31, 2019USD ($)
Variable Interest Entity [Line Items]
Asset	[1]			$ 1,638,098	$ 1,698,218
Total liabilities				$ 758,018	832,932
Number of operating segments | segment				4
Green Plains Partners L.P. [Member]
Variable Interest Entity [Line Items]
Asset				$ 91,000	90,000
Total liabilities				$ 182,500	$ 180,900
BioProcess Algae [Member]
Variable Interest Entity [Line Items]
Less than wholly owned subsidiary, parent ownership percentage				90.00%
Green Plains Cattle Company LLC [Member]
Variable Interest Entity [Line Items]
Percent membership interest sold		50.00%
IPO [Member] | Limited Partner [Member]
Variable Interest Entity [Line Items]
Ownership interest, public, percentage			49.00%
IPO [Member] | Limited Partner [Member] | Parent Company [Member]
Variable Interest Entity [Line Items]
Ownership interest, percentage			49.00%
IPO [Member] | General Partner [Member] | Parent Company [Member]
Variable Interest Entity [Line Items]
Ownership interest, percentage			2.00%
[1]	Asset balances by segment exclude intercompany balances

Revenue (Narrative) (Details)

Revenue (Narrative) (Details) - Revenue Benchmark [Member] - customer	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Disaggregation of Revenue [Line Items]
Number Of Major Customers	1	1
Concentration Risk, Percentage	19.00%	14.00%

Revenue (Disaggregation Of Reve

Revenue (Disaggregation Of Revenue By Major Source) (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		$ 21,003	$ 20,797	[1]
Total revenues from contracts accounted for as derivatives	[2]	611,757	417,622	[1]
Leasing revenues under ASC 842	[3]	109	222	[1]
Total Revenues		632,869	438,641	[1],[4]
Ethanol [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers	[1]		620
Total revenues from contracts accounted for as derivatives	[2]	493,185	278,235	[1]
Distillers Grains [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		16,475	17,681	[1]
Total revenues from contracts accounted for as derivatives	[2]	77,236	53,058	[1]
Corn Oil [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts accounted for as derivatives	[2]	20,414	17,036	[1]
Grain [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts accounted for as derivatives	[2]	7,956	20,991	[1]
Service Revenues [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		1,179	2,083	[1]
Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		3,349	413	[1]
Total revenues from contracts accounted for as derivatives	[2]	12,966	48,302	[1]
Ethanol Production [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		19,459	18,561	[1]
Total revenues from contracts accounted for as derivatives	[2]	456,266	252,272	[1]
Total Revenues		475,725	270,833	[1],[4]
Ethanol Production [Member] | Ethanol [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers	[1]		620
Total revenues from contracts accounted for as derivatives	[2]	367,092	201,158	[1]
Ethanol Production [Member] | Distillers Grains [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		16,475	17,681	[1]
Total revenues from contracts accounted for as derivatives	[2]	72,527	36,599	[1]
Ethanol Production [Member] | Corn Oil [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts accounted for as derivatives	[2]	14,684	8,613	[1]
Ethanol Production [Member] | Grain [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts accounted for as derivatives	[2]	6	136	[1]
Ethanol Production [Member] | Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		2,959	235	[1]
Total revenues from contracts accounted for as derivatives	[2]	1,957	5,766	[1]
Ethanol Production [Member] | Intersegment Revenues [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		25	25	[1]
Agribusiness and Energy Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		390	178	[1]
Total revenues from contracts accounted for as derivatives	[2]	162,799	169,030	[1]
Total Revenues		163,189	169,208	[1],[4]
Agribusiness and Energy Services [Member] | Ethanol [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts accounted for as derivatives	[2]	126,093	77,077	[1]
Agribusiness and Energy Services [Member] | Distillers Grains [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts accounted for as derivatives	[2]	4,709	16,459	[1]
Agribusiness and Energy Services [Member] | Corn Oil [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts accounted for as derivatives	[2]	5,730	6,971	[1]
Agribusiness and Energy Services [Member] | Grain [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts accounted for as derivatives	[2]	7,950	20,855	[1]
Agribusiness and Energy Services [Member] | Other [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		390	178	[1]
Total revenues from contracts accounted for as derivatives	[2]	11,009	42,536	[1]
Agribusiness and Energy Services [Member] | Intersegment Revenues [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts accounted for as derivatives	[2]	7,308	5,132	[1]
Food & Ingredients [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts accounted for as derivatives	[1],[2]		1,452
Total Revenues	[1],[4]		1,452
Food & Ingredients [Member] | Corn Oil [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts accounted for as derivatives	[1],[2]		1,452
Partnership [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		3,253	3,475	[1]
Leasing revenues under ASC 842	[3]	17,018	17,612	[1]
Total Revenues		20,271	21,087	[1],[4]
Partnership [Member] | Service Revenues [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		1,179	2,083	[1]
Partnership [Member] | Intersegment Revenues [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		2,074	1,392	[1]
Intersegment Eliminations [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		(2,099)	(1,417)	[1]
Total revenues from contracts accounted for as derivatives	[2]	(7,308)	(5,132)	[1]
Leasing revenues under ASC 842	[3]	(16,909)	(17,390)	[1]
Total Revenues		(26,316)	(23,939)	[1],[4]
Intersegment Eliminations [Member] | Intersegment Revenues [Member]
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		(2,099)	(1,417)	[1]
Total revenues from contracts accounted for as derivatives	[2]	(7,308)	(5,132)	[1]
Intersegment Eliminations [Member] | Ethanol Production [Member]
Disaggregation of Revenue [Line Items]
Total Revenues		(25)	(25)	[4]
Intersegment Eliminations [Member] | Agribusiness and Energy Services [Member]
Disaggregation of Revenue [Line Items]
Total Revenues		(7,308)	(5,132)	[4]
Intersegment Eliminations [Member] | Partnership [Member]
Disaggregation of Revenue [Line Items]
Total Revenues		$ (18,983)	(18,782)	[4]
Discontinued Operations [Member] | Green Plains Cattle Company LLC [Member]
Disaggregation of Revenue [Line Items]
Total Revenues			3,400
Discontinued Operations [Member] | Green Plains Cattle Company LLC [Member] | Cattle [Member]
Disaggregation of Revenue [Line Items]
Total Revenues			$ 3,400
[1]	Revenues include certain items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These revenue transactions are now presented on a gross basis in product revenues. These revenue transactions total $ 3.4 million for the three months ended March 31, 2019.
[2]	Revenues from contracts accounted for as derivatives represent physically settled derivative sales that are outside the scope of ASC 606, where the company recognizes revenue when control of the inventory is transferred within the meaning of ASC 606 as required by ASC 610-20, Gains and Losses from Derecognition of Nonfinancial Assets .
[3]	Leasing revenues do not represent revenues recognized from contracts with customers under ASC 606, and are accounted for under ASC 842, Leases .
[4]	Product revenues, costs of goods sold and selling, general and administrative expenses include certain revenue and expense items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These revenue and costs of goods sold transactions total $ 3.4 million for the three months ended March 31, 2019.

Dispositions And Discontinued_3

Dispositions And Discontinued Operations (Narrative) (Details) - Green Plains Cattle Company LLC [Member]	Sep. 01, 2019USD ($)
Business Acquisition [Line Items]
Consideration paid for business acquisition	$ 76,900,000
Gain (Loss) on Disposition of Assets	$ 0
Percent membership interest sold	50.00%

Dispositions And Discontinued_4

Dispositions And Discontinued Operations (Amount Of Identifiable Assets Disposed And Liabilities Relinquished) (Details) - Green Plains Cattle Company LLC [Member] - Disposal Group, Not Discontinued Operations [Member] $ in Thousands	Sep. 01, 2019USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash	$ 2
Accounts receivable, net	17,920
Inventory	387,534
Derivative financial instruments	48,189
Property and equipment	71,678
Other assets	2,291
Current liabilities	(49,297)
Short-term notes payable and other borrowings	(38)
Current maturities of long-term debt	(324,028)
Long-term debt	(80)
Other liabilities	(403)
Total identifiable net assets disposed	$ 153,768

Dispositions And Discontinued_5

Dispositions And Discontinued Operations (Summarized Results Of Discontinued Operations) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net income		$ (4,469)
Revenues	$ 632,869	438,641	[1],[2]
Discontinued Operations [Member] | Green Plains Cattle Company LLC [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Product revenues		207,085
Cost of goods sold (excluding depreciation and amortization expenses reflected below)		204,557
Selling, general and administrative		2,284
Depreciation and amortization expenses		1,611
Total costs and expenses		208,452
Operating loss		(1,367)
Interest income		77
Income expense		(4,696)
Total other expense		(4,619)
Loss before income taxes		(5,986)
Income tax expense		1,517
Net income		(4,469)
Revenues		3,400
Cattle [Member] | Discontinued Operations [Member] | Green Plains Cattle Company LLC [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues		$ 3,400
[1]	Product revenues, costs of goods sold and selling, general and administrative expenses include certain revenue and expense items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These revenue and costs of goods sold transactions total $ 3.4 million for the three months ended March 31, 2019.
[2]	Revenues include certain items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These revenue transactions are now presented on a gross basis in product revenues. These revenue transactions total $ 3.4 million for the three months ended March 31, 2019.

Fair Value Disclosures (Narrati

Fair Value Disclosures (Narrative) (Details) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Fair value of debt	$ 556.6	$ 564.4
Book value of debt	545
Fair value of accounts receivable	$ 34.4	$ 107.2

Fair Value Disclosures (Schedul

Fair Value Disclosures (Schedule Of Assets And Liabilities Fair Value) (Details) - USD ($) $ in Thousands		Mar. 31, 2020	Dec. 31, 2019
Assets:
Cash and cash equivalents		$ 194,333	$ 245,977
Restricted cash		11,191	23,919
Inventories carried at market		46,483	73,318
Unrealized gains on derivatives		22,943	14,515
Other assets		112	113
Total assets measured at fair value		275,062	357,842
Liabilities:
Accounts payable	[1]	23,714	37,294
Unrealized losses on derivatives		15,589	7,771
Total liabilities measured at fair value		39,303	45,065
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets:
Cash and cash equivalents		194,333	245,977
Restricted cash		11,191	23,919
Other assets		112	113
Total assets measured at fair value		205,636	270,009
Significant Other Observable Inputs (Level 2) [Member]
Assets:
Inventories carried at market		46,483	73,318
Unrealized gains on derivatives		22,943	14,515
Total assets measured at fair value		69,426	87,833
Liabilities:
Accounts payable	[1]	23,714	37,294
Unrealized losses on derivatives		15,589	7,771
Total liabilities measured at fair value		$ 39,303	$ 45,065
[1]	Accounts payable is generally stated at historical amounts with the exception of $ 23.7 million and $ 37.3 million at March 31, 2020 and December 31, 2019, respectively, related to certain delivered inventory for which the payable fluctuates based on changes in commodity prices. These payables are hybrid financial instruments for which the company has elected the fair value option.

Segment Information (Narrative)

Segment Information (Narrative) (Details)	3 Months Ended
	Mar. 31, 2020segment
Segment Information [Abstract]
Number of operating segments	4

Segment Information (Summary Of

Segment Information (Summary Of Financial Data) (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Segment Reporting Information [Line Items]
Revenues		$ 632,869	$ 438,641	[1],[2]
Cost of goods sold		617,228	434,391	[3]
Operating income (loss)		(54,328)	(38,638)
Depreciation and amortization		18,080	17,624
Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenues		659,185	462,580	[1]
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues		(26,316)	(23,939)	[1],[2]
Cost of goods sold		(28,424)	(20,238)	[3]
Operating income (loss)		2,133	(3,677)
Ethanol Production [Member]
Segment Reporting Information [Line Items]
Revenues		475,725	270,833	[1],[2]
Ethanol Production [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenues		475,700	270,808	[1]
Cost of goods sold		489,150	293,487	[3]
Operating income (loss)	[4]	(60,781)	(44,192)
Depreciation and amortization		15,898	15,340
Ethanol Production [Member] | Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues		(25)	(25)	[1]
Agribusiness and Energy Services [Member]
Segment Reporting Information [Line Items]
Revenues		163,189	169,208	[1],[2]
Agribusiness and Energy Services [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenues		155,881	164,076	[1]
Cost of goods sold		156,502	159,626	[3]
Operating income (loss)		2,560	5,304
Depreciation and amortization		553	549
Agribusiness and Energy Services [Member] | Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues		(7,308)	(5,132)	[1]
Food & Ingredients [Member]
Segment Reporting Information [Line Items]
Revenues	[1],[2]		1,452
Food & Ingredients [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenues	[1]		1,452
Cost of goods sold	[3]		1,516
Operating income (loss)			(65)
Partnership [Member]
Segment Reporting Information [Line Items]
Revenues		20,271	21,087	[1],[2]
Partnership [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenues		1,288	2,305	[1]
Operating income (loss)		12,430	12,551
Depreciation and amortization		961	985
Partnership [Member] | Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues		(18,983)	(18,782)	[1]
Corporate Activities [Member]
Segment Reporting Information [Line Items]
Operating income (loss)		(10,670)	(8,559)
Depreciation and amortization		$ 668	750
Discontinued Operations [Member] | Green Plains Cattle Company LLC [Member]
Segment Reporting Information [Line Items]
Revenues			3,400
Cost of goods sold			3,400
Discontinued Operations [Member] | Green Plains Cattle Company LLC [Member] | Cattle [Member]
Segment Reporting Information [Line Items]
Revenues			$ 3,400
[1]	Product revenues, costs of goods sold and selling, general and administrative expenses include certain revenue and expense items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These revenue and costs of goods sold transactions total $ 3.4 million for the three months ended March 31, 2019.
[2]	Revenues include certain items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These revenue transactions are now presented on a gross basis in product revenues. These revenue transactions total $ 3.4 million for the three months ended March 31, 2019.
[3]	Cost of goods sold include certain items which were previously considered intercompany transactions prior to the disposition of GPCC and therefore eliminated upon consolidation. These cost of goods sold transactions are now presented on a gross basis in cost of goods sold. These cost of goods sold transactions total $ 3.4 million for the three months ended March 31, 2019.
[4]	Operating loss for ethanol production includes a goodwill impairment charge of $24.1 million for the three months ended March 31, 2020.

Segment Information (Summary _2

Segment Information (Summary Of Total Assets For Operating Segments) (Details) - USD ($) $ in Thousands		Mar. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Total assets	[1]	$ 1,638,098	$ 1,698,218
Operating Segments [Member] | Ethanol Production [Member]
Segment Reporting Information [Line Items]
Total assets	[1]	903,447	884,293
Operating Segments [Member] | Agribusiness and Energy Services [Member]
Segment Reporting Information [Line Items]
Total assets	[1]	288,297	410,400
Operating Segments [Member] | Partnership [Member]
Segment Reporting Information [Line Items]
Total assets	[1]	90,992	90,011
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Total assets	[1]	4,151	(10,766)
Corporate, Non-Segment [Member]
Segment Reporting Information [Line Items]
Total assets	[1]	$ 351,211	$ 324,280
[1]	Asset balances by segment exclude intercompany balances

Inventories (Narrative) (Detail

Inventories (Narrative) (Details) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Inventories [Abstract]
Lower of cost or market adjustment	$ 27.7	$ 6.6

Inventories (Schedule Of Invent

Inventories (Schedule Of Inventories) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Inventories [Abstract]
Finished goods	$ 65,525	$ 85,975
Commodities held for sale	21,409	42,836
Raw materials	81,938	77,900
Work-in-process	11,370	13,523
Supplies and parts	34,094	32,758
Inventories	$ 214,336	$ 252,992

Goodwill (Narrative) (Details)

Goodwill (Narrative) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)item
Number of reporting units | item	2
Goodwill, Impairment Loss	$ 24,091
Ethanol Production [Member]
Goodwill, Impairment Loss	$ 24,091

Goodwill (Schedule of Changes i

Goodwill (Schedule of Changes in Carrying Amount of Goodwill Attributable to Each Business Segment) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)
Goodwill [Line Items]
Goodwill, Beginning Balance	$ 34,689
Impairment charge	(24,091)
Goodwill, Ending Balance	10,598
Ethanol Production [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	24,091
Impairment charge	(24,091)
Partnership [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	10,598
Goodwill, Ending Balance	$ 10,598

Derivative Financial Instrume_3

Derivative Financial Instruments (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Derivative Financial Instruments [Abstract]
Accumulated other comprehensive loss	$ 30,939		$ (11,064)
Gain or loss from discontinuing cash flow hedge treatment	0	$ 0
Gain or loss from discontinuing fair value hedge treatment	0	0
Energy trading contracts, gain (loss)	$ 3,100	$ 8,500

Derivative Financial Instrume_4

Derivative Financial Instruments (Schedule Of Fair Values Of Derivative Financial Instruments) (Details) - USD ($) $ in Thousands	Mar. 31, 2020		Dec. 31, 2019
Derivative Financial Instruments, Assets [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives, Fair Value	$ 22,943	[1]	$ 14,515	[2]
Net unrealized gains on exchange traded futures and options contracts included in balance sheet	34,200		3,400
Net unrealized losses on cash flow hedges	1,000		100
Derivative Financial Instruments, Liabilities [Member]
Derivatives, Fair Value [Line Items]
Liability Derivatives, Fair Value	$ 15,589		$ 7,771
[1]	At March 31, 2020, derivative financial instruments, as reflected on the balance sheet, includes net unrealized gains on exchange traded futures and options contracts of $ 34.2 million, which include $ 1.0 million of net unrealized gains on derivative financial instruments designated as cash flow hedging instruments.
[2]	At December 31, 2019, derivative financial instruments, as reflected on the balance sheet, includes net unrealized gains on exchange traded futures and options contracts of $ 3.4 million, which include $ 0.1 million of net unrealized gains on derivative financial instruments designated as cash flow hedging instruments.

Derivative Financial Instrume_5

Derivative Financial Instruments (Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income	$ 5,917	$ (13,516)
Carrying Amount of the Hedged Assets, Inventories	32,463		$ 55,021
Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets	(6,185)		$ (2,808)
Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivatives	42,728	(15,155)
Revenue [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income	8,818
Gains (Losses) Due to Ineffectiveness of Cash Flow Hedges	8,818
Cost of Goods Sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income	(2,901)
Gains (Losses) Due to Ineffectiveness of Cash Flow Hedges	(2,381)	2,306
Net Income (Loss) From Discontinued Operations, Net Of Income Taxes [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income		(13,516)
Gains (Losses) Due to Ineffectiveness of Cash Flow Hedges		(13,516)
Commodity Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Loss Recognized in Other Comprehensive Income on Derivatives	5,979	(8,963)
Commodity Contracts [Member] | Revenue [Member] | Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivatives	45,407	(12,824)
Commodity Contracts [Member] | Cost of Goods Sold [Member] | Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivatives	(2,679)	3,410
Commodity Contracts [Member] | Net Income (Loss) From Discontinued Operations, Net Of Income Taxes [Member] | Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivatives		(5,741)
Commodity Contracts [Member] | Fair Value Hedging [Member] | Cost of Goods Sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Due to Ineffectiveness of Cash Flow Hedges	(7,594)	(1,553)
Commodity Contracts [Member] | Fair Value Hedging [Member] | Cost of Goods Sold [Member] | Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Due to Ineffectiveness of Cash Flow Hedges	$ 8,114	$ 3,859

Derivative Financial Instrume_6

Derivative Financial Instruments (Schedule Of Open Position Derivative Financial Instruments) (Details) contract in Thousands	Mar. 31, 2020contract
Corn And Soybeans [Member] | Exchange Traded [Member] | Short [Member] | Futures [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	23,875	[1],[2]
Corn And Soybeans [Member] | Non-Exchange Traded [Member] | Long [Member] | Forwards [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	17,471	[3]
Corn And Soybeans [Member] | Non-Exchange Traded [Member] | Short [Member] | Forwards [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	811	[3]
Corn [Member] | Exchange Traded [Member] | Long [Member] | Futures [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	(6,865)	[1],[2]
Corn [Member] | Exchange Traded [Member] | Short [Member] | Options [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	3,667	[1],[2]
Ethanol [Member] | Exchange Traded [Member] | Short [Member] | Futures [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	170,226	[1],[2]
Ethanol [Member] | Exchange Traded [Member] | Short [Member] | Options [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	(18,358)	[1],[2]
Ethanol [Member] | Exchange Traded [Member] | Short [Member] | Fair Value Hedging [Member] | Futures [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	2,940	[1],[2],[4]
Ethanol [Member] | Non-Exchange Traded [Member] | Long [Member] | Forwards [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	1,885	[3]
Ethanol [Member] | Non-Exchange Traded [Member] | Short [Member] | Forwards [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	262,121	[3]
Natural Gas [Member] | Exchange Traded [Member] | Long [Member] | Futures [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	(10,588)	[1],[2]
Natural Gas [Member] | Exchange Traded [Member] | Long [Member] | Options [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	615	[1],[2]
Natural Gas [Member] | Exchange Traded [Member] | Short [Member] | Futures [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	5,038	[1],[2]
Natural Gas [Member] | Non-Exchange Traded [Member] | Long [Member] | Forwards [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	2,943	[3]
Natural Gas [Member] | Non-Exchange Traded [Member] | Short [Member] | Forwards [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	391	[3]
Soybean Meal In Tons [Member] | Exchange Traded [Member] | Long [Member] | Options [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	19	[1],[2]
DDG [Member] | Non-Exchange Traded [Member] | Long [Member] | Forwards [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	159	[3]
DDG [Member] | Non-Exchange Traded [Member] | Short [Member] | Forwards [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	463	[3]
Corn Oil [Member] | Non-Exchange Traded [Member] | Long [Member] | Forwards [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	23,616	[3]
Corn Oil [Member] | Non-Exchange Traded [Member] | Short [Member] | Forwards [Member]
Derivative [Line Items]
Derivative, Open Commodity Derivative Positions	120,471	[3]
[1]	Exchange traded futures and options are presented on a net long and (short) position basis. Options are presented on a delta-adjusted basis.
[2]	Futures used for cash flow hedges.
[3]	Non-exchange traded forwards are presented on a gross long and (short) position basis including both fixed-price and basis contracts.
[4]	Futures or non-exchange traded forwards used for fair value hedges.

Debt (Narrative - Corporate Act

Debt (Narrative - Corporate Activities) (Details) - Corporate Activities [Member] - Convertible Notes [Member] - USD ($)	1 Months Ended	3 Months Ended
	Aug. 31, 2016	Mar. 31, 2020	Dec. 31, 2019
4.00% Convertible Notes Due 2024 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		$ 115,000,000	$ 115,000,000
Interest rate, stated percentage		4.00%	4.00%
Debt Instrument, Maturity Date		Jul. 1, 2024
Common stock for conversion, shares		64.1540
Debt Instrument Convertible Conversion Price Benchmark1		$ 1,000
Debt conversion price		$ 15.59
Debt Conversion, Sale Price Of Common Stock Percent, Minimum		140.00%
Debt Instrument, Redemption Price, Percentage		100.00%
4.125% Convertible Notes Due 2022 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount	$ 170,000,000	$ 170,000,000	$ 170,000,000
Interest rate, stated percentage	4.125%	4.125%
Debt conversion, principal amounts for integral multiples	$ 1,000
Common stock for conversion, shares	35.7143
Debt conversion price	$ 28
Conversion price percentage	140.00%
Principal amount of notes, percentage	100.00%	100.00%

Debt (Narrative - Agribusiness

Debt (Narrative - Agribusiness And Energy Services Segment) (Details)	3 Months Ended
	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Debt Instrument [Line Items]
Short-term notes payable and other borrowings	$ 167,043,000	$ 187,812,000
Agribusiness and Energy Services [Member] | Green Plains Grain [Member]
Debt Instrument [Line Items]
Minimum working capital required for compliance	$ 18,000,000
Percent Of Sum Of Total Commitment Plus Aggregate Seasonal Line Commitments	18.00%
Minimum Net Worth Required For Compliance, Percent	21.00%
Fixed charge coverage ratio	1.25
Annual leverage ratio	6
Maximum Capital Expenditures Per Year Under Agreement	$ 8,000,000
Maximum Unused Amounts For Capital Expenditures Under Agreements	8,000,000
Short-term notes payable and other borrowings	0
Agribusiness and Energy Services [Member] | Green Plains Grain [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt instrument, face amount	$ 100,000,000
Debt Instrument, Maturity Date	Jun. 28, 2022
Additional amounts available under facility, accordion feature	$ 75,000,000
Line of credit, maximum borrowing capacity	225,000,000
Maximum Long Term Indebtedness Benchmark Under Agreement	$ 10,000,000
Maximum Long Term Debt Capitalization Under Agreement	40.00%
Agribusiness and Energy Services [Member] | Green Plains Grain [Member] | Revolving Credit Facility [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Interest rate, basis spread on variable rate, percentage	3.00%
Agribusiness and Energy Services [Member] | Green Plains Grain [Member] | Revolving Credit Facility [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Interest rate, basis spread on variable rate, percentage	2.00%
Agribusiness and Energy Services [Member] | Green Plains Grain [Member] | Revolving Credit Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Unused capacity fee, percentage	0.375%
Agribusiness and Energy Services [Member] | Green Plains Grain [Member] | Revolving Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Unused capacity fee, percentage	0.50%
Agribusiness and Energy Services [Member] | Green Plains Grain [Member] | Seasonal Borrowings [Member]
Debt Instrument [Line Items]
Additional amounts available under facility, accordion feature	$ 50,000,000
Agribusiness and Energy Services [Member] | Green Plains Trade [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Additional amounts available under facility, accordion feature	70,000,000
Line of credit, maximum borrowing capacity	300,000,000
Minimum working capital required for compliance	$ 1,500,000
Fixed charge coverage ratio	1.15
Allowable dividends as percentage of net profit before taxes	50.00%
Undrawn availability of revolving credit facility on a pro forma basis	$ 10,000,000
Availability Benchmark Period Under Agreement	30 days
Unused capacity fee, percentage	0.375%
Agribusiness and Energy Services [Member] | Green Plains Trade [Member] | Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity	$ 285,000,000
Agribusiness and Energy Services [Member] | Green Plains Trade [Member] | Credit Facility [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Interest rate, basis spread on variable rate, percentage	2.25%
Agribusiness and Energy Services [Member] | Green Plains Trade [Member] | First-in-last-out (FILO) Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity	$ 15,000,000
Agribusiness and Energy Services [Member] | Green Plains Trade [Member] | First-in-last-out (FILO) Credit Facility [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Interest rate, basis spread on variable rate, percentage	3.25%
Agribusiness and Energy Services [Member] | Green Plains Commodity Management [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Maturity Date	Apr. 30, 2023
Line of credit, maximum borrowing capacity	$ 30,000,000
Agribusiness and Energy Services [Member] | Green Plains Commodity Management [Member] | Revolving Credit Facility [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Interest rate, basis spread on variable rate, percentage	1.75%
$50.0 Million Inventory Financing [Member] | Green Plains Grain [Member]
Debt Instrument [Line Items]
Debt instrument, face amount	$ 50,000,000	$ 50,000,000

Debt (Narrative - Partnership S

Debt (Narrative - Partnership Segment, Covenant Compliance, And Restricted Net Assets) (Details)	3 Months Ended
	Mar. 31, 2020USD ($)
Debt Instrument [Line Items]
Restricted assets	$ 65,500,000
Partnership [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Additional amounts available under facility, accordion feature	20,000,000
Debt instrument, face amount	$ 200,000,000
Debt maturity dates	Jul. 1, 2020
Net leverage ratio	2.47
Interest coverage ratio	6.49
Consolidated Leverage Ratio Numerator	$ 5,000,000
Consolidated Leverage Ratio Denominator	$ 30,000,000
Partnership [Member] | Revolving Credit Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Unused capacity fee, percentage	0.35%
Interest coverage ratio	2.75
Partnership [Member] | Revolving Credit Facility [Member] | Minimum [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Interest rate, basis spread on variable rate, percentage	2.25%
Partnership [Member] | Revolving Credit Facility [Member] | Minimum [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Interest rate, basis spread on variable rate, percentage	1.25%
Partnership [Member] | Revolving Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Unused capacity fee, percentage	0.50%
Net leverage ratio	3.50
Partnership [Member] | Revolving Credit Facility [Member] | Maximum [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Interest rate, basis spread on variable rate, percentage	3.00%
Partnership [Member] | Revolving Credit Facility [Member] | Maximum [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Interest rate, basis spread on variable rate, percentage	2.00%

Debt (Schedule Of The Component

Debt (Schedule Of The Components Of Long-Term Debt) (Details) - USD ($)		3 Months Ended
		Mar. 31, 2020	Dec. 31, 2019	Aug. 31, 2016
Debt Instrument [Line Items]
Total face value of long-term debt		$ 382,501,000	$ 381,365,000
Unamortized debt issuance costs		(4,506,000)	(4,820,000)
Less: current portion of long-term debt		(130,785,000)	(132,555,000)
Total long-term debt		247,210,000	243,990,000
Convertible Notes [Member] | 4.125% Convertible Notes Due 2022 [Member] | Corporate Activities [Member]
Debt Instrument [Line Items]
Total face value of long-term debt	[1]	150,990,000	149,256,000
Unamortized debt issuance costs		(1,900,000)	(2,000,000)
Debt instrument, face amount		170,000,000	170,000,000	$ 170,000,000
Convertible Notes [Member] | 4.00% Convertible Notes Due 2024 [Member] | Corporate Activities [Member]
Debt Instrument [Line Items]
Total face value of long-term debt	[2]	84,842,000	83,497,000
Unamortized debt issuance costs		(2,600,000)	(2,800,000)
Debt instrument, face amount		$ 115,000,000	115,000,000
Debt maturity dates		Jul. 1, 2024
Other Debt Obligations [Member]
Debt Instrument [Line Items]
Total face value of long-term debt		$ 16,469,000	16,512,000
Partnership [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Total face value of long-term debt	[3]	130,200,000	132,100,000
Debt instrument, face amount		$ 200,000,000	$ 200,000,000
Debt maturity dates		Jul. 1, 2020
[1]	Includes $ 1.9 million and $ 2.0 million of unamortized debt issuance costs as of March 31, 2020 and December 31, 2019, respectively.
[2]	Includes $ 2.6 million and $ 2.8 million of unamortized debt issuance costs as of March 31, 2020 and December 31, 2019, respectively.
[3]	The Green Plains Partners revolving credit facility is included in current maturities of long-term debt balance on the consolidated balance sheets as of March 31, 2020 and December 31, 2019 as its maturity date is July 1, 2020 .

Debt (Schedule Of Short-term No

Debt (Schedule Of Short-term Notes Payable And Other Borrowings) (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Short-term notes payable and other borrowings	$ 167,043,000	$ 187,812,000
Green Plains Trade [Member] | $300.0 Million Revolver [Member]
Debt Instrument [Line Items]
Short-term notes payable and other borrowings	61,208,000	138,204,000
Debt instrument, face amount	300,000,000	300,000,000
Green Plains Grain [Member] | $100.0 Million Revolver [Member]
Debt Instrument [Line Items]
Short-term notes payable and other borrowings	78,000,000	40,000,000
Debt instrument, face amount	100,000,000	100,000,000
Green Plains Grain [Member] | $50.0 Million Inventory Financing [Member]
Debt Instrument [Line Items]
Debt instrument, face amount	50,000,000	50,000,000
Green Plains Commodity Management [Member] | Hedge Line $30.0 Million [Member]
Debt Instrument [Line Items]
Short-term notes payable and other borrowings	27,835,000	9,608,000
Debt instrument, face amount	$ 30,000,000	$ 30,000,000

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ in Millions	Mar. 18, 2020	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares or units authorized		4,110,000
Compensation costs expensed		$ 1.3	$ 2.5
Unrecognized compensation costs		$ 14.5
Compensation expected to be recognized, weighted-average period in years		2 years 3 months 18 days
Potential tax benefit, percentage		24.20%
Green Plains Partners LP 2015 Long-Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares or units authorized		2,500,000
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested, shares outstanding		517,969		285,403
Performance Shares [Member] | Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Target Percentage	100.00%
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized, Achievement of Maximum Goals	641,823
Share-based Compensation Arrangement by Share-based Payment Award, Achievement of Maximum Goals Percentage	276.00%
Non-vested, shares outstanding	232,566
Performance Shares [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		50.00%
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		3 years
Share-based Compensation Arrangement by Share-based Payment Award, Target Percentage		100.00%
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized, Achievement of Maximum Goals		428,104
Share-based Compensation Arrangement by Share-based Payment Award, Achievement of Maximum Goals Percentage		150.00%
Non-vested, shares outstanding		285,403
Performance Shares, Predetermined RONA [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		50.00%
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		3 years

Stock-Based Compensation (Sched

Stock-Based Compensation (Schedule Of Non-Vested Stock Award And DSU Activity) (Details) - Restricted Stock Awards And Deferred Stock Units [Member]	3 Months Ended
	Mar. 31, 2020$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested, shares or units | shares	751,315
Non-vested, Weighted-Average Grant-Date Fair Value | $ / shares	$ 17.48
Granted, shares or units | shares	476,474
Granted, Weighted-Average Grant-Date Fair Value | $ / shares	$ 10.64
Forfeited, shares or units | shares	(19,750)
Forfeited, Weighted-Average Grant-Date Fair Value | $ / shares	$ 16.20
Vested, shares or units | shares	(282,786)
Vested, Weighted-Average Grant-Date Fair Value | $ / shares	$ 19.49
Non-vested, shares or units | shares	925,253
Non-vested, Weighted-Average Grant-Date Fair Value | $ / shares	$ 13.37
Non-vested, Weighted-Average Remaining Vesting Term (in years)	2 years 3 months 18 days

Stock-Based Compensation (The W

Stock-Based Compensation (The Weighted Average Assumptions Used by the Company in Applying the Monte Carlo Valuation Model for Performance Share Grants) (Details) - Performance Shares [Member] - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	2.45%	2.44%
Dividend yield	3.13%	2.64%
Expected volatility	41.69%	45.11%
Monte Carlo valuation	99.62%	97.39%
Closing stock price on the date of grant	$ 15.34	$ 18.15

Stock-Based Compensation (Sch_2

Stock-Based Compensation (Schedule Of Non-Vested Performance Share Award Activity) (Details) - Performance Shares [Member]	3 Months Ended
	Mar. 31, 2020$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested, shares or units | shares	285,403
Non-vested, Weighted-Average Grant-Date Fair Value | $ / shares	$ 16.38
Granted, shares or units | shares	232,566
Granted, Weighted-Average Grant-Date Fair Value | $ / shares	$ 10.64
Non-vested, shares or units | shares	517,969
Non-vested, Weighted-Average Grant-Date Fair Value | $ / shares	$ 13.80
Non-vested, Weighted-Average Remaining Vesting Term (in years)	2 years 4 months 24 days

Stock-Based Compensation (Sch_3

Stock-Based Compensation (Schedule Of Stock Option Activity) (Details) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Stock-Based Compensation [Abstract]
Outstanding, Shares	10,000
Outstanding, Weighted Average Exercise Price	$ 16.95
Expired, Shares	(10,000)
Expired, Weighted Average Exercise Price	$ 16.95
Outstanding, Shares		10,000
Outstanding, Weighted Average Exercise Price		$ 16.95
Exercisable, Shares
Exercisable, Weighted Average Exercise Price
Exercisable, Weighted Average Remaining Contractual		2 months 12 days

Earnings Per Share (Schedule Of

Earnings Per Share (Schedule Of Basic And Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019	Aug. 31, 2016
Debt Instrument [Line Items]
Net loss from continuing operations	[1]	$ (16,445)	$ (38,330)
Net loss from discontinued operations			(4,469)
Net loss attributable to Green Plains		$ (16,445)	$ (42,799)
Weighted average shares outstanding - basic		34,665	40,315
Weighted average shares outstanding - diluted		34,665	40,315
EPS from continuing operations		$ (0.47)	$ (0.95)
EPS from discontinued operations			(0.11)
Net loss attributable to Green Plains		$ (0.47)	$ (1.06)
Anti-dilutive weighted-average convertible debt and stock-based compensation	[2]	13,926	9,853
Corporate Activities [Member] | Convertible Notes [Member] | 4.125% Convertible Notes Due 2022 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		4.125%		4.125%
[1]	Net loss from continuing operations can be recalculated from our consolidated statements of operations by taking the net loss from continuing operations including noncontrolling interest less net income attributable to noncontrolling interests.
[2]	The effect related to the company’s convertible debt and stock-based compensation awards have been excluded from diluted EPS for the periods presented as the inclusion of these shares would have been antidilutive.

Stockholders' Equity (Schedule

Stockholders' Equity (Schedule Of Stockholders' Equity) (Details) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Stockholders' Equity [Line Items]
Beginning balance		$ 865,286	$ 1,062,989
Net income (loss)		(10,347)	(37,871)
Distributions declared		(5,498)	(10,334)
Other comprehensive loss before reclassification		4,532	(6,883)
Amounts reclassified from accumulated other comprehensive loss		(4,485)	10,376
Other comprehensive income (loss), net of tax		47	3,493
Proceeds from disgorgement of shareholders short-swing profits, net	[1]		(5,023)
Share of equity method investees other comprehensive loss arising during the period, net of tax		41,956
Repurchase of common stock		(11,479)
Stock-based compensation		115	507
Ending balance		880,080	1,023,807
Proceeds from a shareholder of the company for disgorgement of shareholder short-swing profits			6,700
Common Stock [Member]
Stockholders' Equity [Line Items]
Beginning balance		$ 47	$ 47
Beginning balance, Shares		46,964	46,638
Stock-based compensation, Shares		343	284
Ending balance, Shares		47,307	46,922
Ending balance		$ 47	$ 47
Additional Paid-In Capital [Member]
Stockholders' Equity [Line Items]
Beginning balance		734,580	696,222
Proceeds from disgorgement of shareholders short-swing profits, net	[1]		(5,023)
Stock-based compensation		36	428
Ending balance		734,616	701,673
Retained Earnings [Member]
Stockholders' Equity [Line Items]
Beginning balance		148,150	324,728
Net income (loss)		(16,445)	(42,799)
Distributions declared			(4,847)
Ending balance		131,705	277,082
Accum. Other Comp. Income (Loss) [Member]
Stockholders' Equity [Line Items]
Beginning balance		(11,064)	(16,016)
Other comprehensive loss before reclassification		4,532	(6,883)
Amounts reclassified from accumulated other comprehensive loss		(4,485)	10,376
Other comprehensive income (loss), net of tax		47	3,493
Share of equity method investees other comprehensive loss arising during the period, net of tax		41,956
Ending balance		30,939	(12,523)
Treasury Stock [Member]
Stockholders' Equity [Line Items]
Beginning balance		$ (119,808)	$ (58,162)
Beginning balance, Shares		10,932	5,536
Repurchase of common stock		$ (11,479)
Repurchase of common stock, Shares		881
Ending balance, Shares		11,813	5,536
Ending balance		$ (131,287)	$ (58,162)
Total Green Plains Stockholders' Equity [Member]
Stockholders' Equity [Line Items]
Beginning balance		751,905	946,819
Net income (loss)		(16,445)	(42,799)
Distributions declared			(4,847)
Other comprehensive loss before reclassification		4,532	(6,883)
Amounts reclassified from accumulated other comprehensive loss		(4,485)	10,376
Other comprehensive income (loss), net of tax		47	3,493
Proceeds from disgorgement of shareholders short-swing profits, net	[1]		(5,023)
Share of equity method investees other comprehensive loss arising during the period, net of tax		41,956
Repurchase of common stock		(11,479)
Stock-based compensation		36	428
Ending balance		766,020	908,117
Non-Controlling Interests [Member]
Stockholders' Equity [Line Items]
Beginning balance		113,381	116,170
Net income (loss)		6,098	4,928
Distributions declared		(5,498)	(5,487)
Stock-based compensation		79	79
Ending balance		$ 114,060	$ 115,690
Corporate Activities [Member] | Convertible Notes [Member] | 4.00% Convertible Notes Due 2024 [Member]
Stockholders' Equity [Line Items]
Interest rate, stated percentage		4.00%		4.00%
[1]	During the three months ended March 31, 2019, the company received $ 6.7 million from a shareholder of the company for disgorgement of shareholder short-swing profits under Section 16(b) under the Exchange Act. The amount was recorded as an increase to additional paid-in capital, net of tax.

Stockholders' Equity (Reclassif

Stockholders' Equity (Reclassification From Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income tax benefit		$ (44,283)	$ (12,943)
Net loss		(10,347)	(37,871)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Loss from continuing operations before income taxes and income (loss) from equity method investees	[1]	5,917
Net income from discontinued operations, net of taxes	[2]		(10,376)
Income tax benefit	[3]	1,432
Net loss		4,485	$ (10,376)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) [Member] | Commodity Contracts [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenues	[4]	8,818
Cost of goods sold	[5]	$ (2,901)
[1]	Loss from continuing operations before income taxes and income (loss) from equity method investees
[2]	Net loss from discontinued operations, net of income taxes
[3]	Income tax benefit
[4]	Revenues
[5]	Costs of goods sold

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	Mar. 27, 2020	Mar. 26, 2020	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Business interest limitation percent	50.00%	30.00%
Income tax benefit			$ (44,283)	$ (12,943)
Uncategorized Tax Benefits			51,600		$ 51,600
2019 NOL [Member]
Income tax benefit			$ (28,400)

Commitments And Contingencies_2

Commitments And Contingencies (Narrative) (Details) $ in Millions	Mar. 31, 2020USD ($)
Trading Activity, Gains and Losses, Net [Line Items]
Lessee Operating Lease, Lease Not Yet Commenced	$ 26.6
Lessee, Operating Lease, Lease Not yet Commenced, Term of Contract	5 years
Contracted future purchases	$ 161.4
Minimum [Member]
Trading Activity, Gains and Losses, Net [Line Items]
Lessee, Operating Lease, Term of Contract	1 year
Maximum [Member]
Trading Activity, Gains and Losses, Net [Line Items]
Lessee, Operating Lease, Term of Contract	17 years 7 months 6 days

Commitments And Contingencies_3

Commitments And Contingencies (Components Of Lease Expense) (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Commitments And Contingencies [Abstract]
Operating lease expense		$ 4,945	$ 5,482
Variable lease expense	[1]	269	124
Total lease expense		$ 5,214	$ 5,606
[1]	Represents amounts incurred in excess of the minimum payments required for the handling and unloading of railcars for a certain land lease, offset by railcar lease abatements provided by the lessor when railcars are out of service during periods of maintenance or upgrade.

Commitments And Contingencies_4

Commitments And Contingencies (Supplemental Cash Flow Information Related To Operating Leases) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Commitments And Contingencies [Abstract]
Operating cash flows from operating leases	$ 4,849	$ 5,484
Right-of-use assets obtained in exchange for lease obligations: Operating leases	$ 5,675

Commitments And Contingencies_5

Commitments And Contingencies (Supplemental Balance Sheet Information Related To Operating Leases) (Details)	Mar. 31, 2020	Dec. 31, 2019
Commitments And Contingencies [Abstract]
Weighted average remaining lease term, Operating leases	6 years 6 months	6 years 7 months 6 days
Weighted average discount rate, Operating leases	5.43%	5.46%

Commitments And Contingencies_6

Commitments And Contingencies (Schedule of Aggregate Minimum Lease Payments) (Details) $ in Thousands	Mar. 31, 2020USD ($)
Commitments And Contingencies [Abstract]
2020	$ 14,710
2021	13,136
2022	11,215
2023	7,976
2024	6,157
Thereafter	25,949
Total	79,143
Less: Present value discount	(22,666)
Lease liabilities	$ 56,477

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details)	3 Months Ended
	Mar. 31, 2020USD ($)item	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)
Related Party Transaction [Line Items]
Noncontrolling interests	$ 114,060,000		$ 113,381,000
Outstanding accounts payable	96,053,000		156,693,000
Aircraft Lease [Member]
Related Party Transaction [Line Items]
Outstanding accounts payable	0		$ 17,000
Green Plains Cattle [Member]
Related Party Transaction [Line Items]
Amount paid on behalf of third party	2,000,000
Reduction in selling, general and administrative expenses	400,000
Revenues and cost of goods sold subsequent to disposition	$ 2,900,000
Green Plains Cattle [Member] | Mr. Ejnar Knudsen [Member] | Indirect Interest By Mr. Ejnar Knudsen [Member]
Related Party Transaction [Line Items]
Indirect ownership interest percentage	0.0736%
Noncontrolling interests	$ 100,000
Board of Directors Chairman [Member] | Aircraft Lease [Member]
Related Party Transaction [Line Items]
Number of related party transaction agreements | item	2
Number of leased aircrafts | item	2
Aircraft lease amount payable, per month	$ 9,766
Aircraft hours available each year under lease	125 hours
Cash payments	$ 24,000	$ 34,000

Equity Method Investments (Narr

Equity Method Investments (Narrative) (Details) - item		Sep. 01, 2019	Mar. 31, 2020	Dec. 31, 2019
Green Plains Cattle Company LLC [Member]
Schedule of Equity Method Investments [Line Items]
Disposal Groups Including Discontinued Operations, Percent Sold		50.00%
Number of cattle capacity to support			355,000
Number of bushels of grain storage capacity			11,700,000
Equity method investment, ownership interest	[1]		50.00%
Optimal Aqua LLC [Member]
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership interest				50.00%
Percent acquired			50.00%
NLR Energy Logistics LLC [Member]
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership interest			50.00%
Number Of Units Cars, Area Capacity			110
Number Of Barrels Of Storage			100,000
[1]	The equity method investment in GPCC is impacted by the effect of deferred gains or losses on cattle sale contracts designated in a cash flow hedge relationship. Pre-tax accumulated other comprehensive income for GPCC was $ 39.2 million as of March 31, 2020 compared to pre-tax accumulated other comprehensive loss of $ 16.2 million as of December 31, 2019.

Equity Method Investments (Summ

Equity Method Investments (Summary Of Equity Method Investments) (Details) - USD ($) $ in Thousands		Mar. 31, 2020	Dec. 31, 2019
Schedule of Equity Method Investments [Line Items]
Investment balance in joint venture		$ 131,113	$ 68,998
Green Plains Cattle Company LLC [Member]
Schedule of Equity Method Investments [Line Items]
Investment balance in joint venture	[1]	$ 126,626	64,161
Equity method investment, ownership interest	[1]	50.00%
Pretax accumulated other comprehensive income		$ 39,200	16,200
Optimal Aqua LLC [Member]
Schedule of Equity Method Investments [Line Items]
Investment balance in joint venture	[2]		$ 508
Equity method investment, ownership interest			50.00%
Ownership percentage	[2]	100.00%
Percent acquired		50.00%
NLR Energy Logistics LLC [Member]
Schedule of Equity Method Investments [Line Items]
Investment balance in joint venture		$ 4,487	$ 4,329
Equity method investment, ownership interest		50.00%
[1]	The equity method investment in GPCC is impacted by the effect of deferred gains or losses on cattle sale contracts designated in a cash flow hedge relationship. Pre-tax accumulated other comprehensive income for GPCC was $ 39.2 million as of March 31, 2020 compared to pre-tax accumulated other comprehensive loss of $ 16.2 million as of December 31, 2019.
[2]	The company acquired the remaining 50 % share in Optimal Aqua LLC during the first quarter of 2020 at which time the company consolidated their results in its consolidated financial statements .

Equity Method Investments (Earn

Equity Method Investments (Earnings From Equity Method Investments) (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Schedule of Equity Method Investments [Line Items]
Total income (loss) from equity method investments, net of income taxes		$ 7,966	$ (74)
Distributions from equity method investments		3,247
Income (loss) from equity method investments, net of distributions		4,719	(74)
Green Plains Cattle Company LLC [Member]
Schedule of Equity Method Investments [Line Items]
Total income (loss) from equity method investments, net of income taxes	[1]	7,808
Pretax equity method earnings		10,400
NLR Energy Logistics LLC [Member]
Schedule of Equity Method Investments [Line Items]
Total income (loss) from equity method investments, net of income taxes		$ 158	215
All Others [Member]
Schedule of Equity Method Investments [Line Items]
Total income (loss) from equity method investments, net of income taxes			$ (289)
[1]	Pre-tax equity method earnings of GPCC were $ 10.4 million during the three months ended March 31, 2020.

Uncategorized Items - gpre-2020

Label	Element	Value
Restricted Cash and Cash Equivalents, Current	us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue	$ 11,191,000
Restricted Cash and Cash Equivalents, Current	us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue	59,174,000
Cash and Cash Equivalents, at Carrying Value, Including Discontinued Operations	us-gaap_CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations	194,333,000
Cash and Cash Equivalents, at Carrying Value, Including Discontinued Operations	us-gaap_CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations	$ 214,068,000