Advanced BioEnergy (ABENU) 10-Q 8 Aug 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Jun. 30, 2018	Aug. 01, 2018
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Entity Registrant Name	ADVANCED BIOENERGY, LLC
Entity Central Index Key	1,325,740
Current Fiscal Year End Date	--09-30
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		25,410,851

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Sep. 30, 2017
Current assets:
Cash and cash equivalents	$ 14,052	$ 18,804
Accounts receivable:
Trade accounts receivable	4,359	4,039
Other receivables	288	805
Inventories	4,896	4,334
Prepaid expenses	839	665
Restricted cash	1,000	1,000
Total current assets	25,434	29,647
Property and equipment, net	29,915	31,226
Other assets	452	756
Total assets	55,801	61,629
Current liabilities:
Accounts payable	3,990	3,531
Accrued expenses	2,304	2,221
Current portion of long-term debt (stated principal amount of $4,040 and $4,677 at June 30, 2018 and September 30, 2017, respectively)	3,945	4,581
Total current liabilities	10,239	10,333
Other liabilities	25	31
Long-term debt (stated principal amount of $17,000 and $20,000 at June 30, 2018 and September 30, 2017, respectively)	16,809	19,785
Total liabilities	27,073	30,149
Members' equity:
Members' capital, no par value, 25,410,851 units issued and outstanding	44,826	44,826
Accumulated deficit	(16,098)	(13,346)
Total members' equity	28,728	31,480
Total liabilities and members' equity	$ 55,801	$ 61,629

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2018	Sep. 30, 2017
Statement Of Financial Position [Abstract]
Current portion of long-term debt (stated principal amount)	$ 4,040	$ 4,677
Principal amount of long-term debt	$ 17,000	$ 20,000
Members' capital, par value
Members' capital, units issued	25,410,851	25,410,851
Members' capital, units outstanding	25,410,851	25,410,851

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Net sales
Net sales	$ 36,171	$ 33,819	$ 100,438	$ 106,113
Type of Revenue [Extensible List]	ck0001325740:EthanolAndRelatedProductsMember	ck0001325740:EthanolAndRelatedProductsMember	ck0001325740:EthanolAndRelatedProductsMember	ck0001325740:EthanolAndRelatedProductsMember
Cost of goods sold	$ 35,991	$ 32,571	$ 100,737	$ 96,559
Type of Cost, Good or Service [Extensible List]	ck0001325740:EthanolAndRelatedProductsMember	ck0001325740:EthanolAndRelatedProductsMember	ck0001325740:EthanolAndRelatedProductsMember	ck0001325740:EthanolAndRelatedProductsMember
Gross profit (loss)	$ 180	$ 1,248	$ (299)	$ 9,554
Selling, general and administrative expenses	620	727	2,060	2,603
Operating income (loss)	(440)	521	(2,359)	6,951
Other income, net	56	51	187	186
Interest income	1	2	4	10
Interest expense	(187)	(217)	(584)	(665)
Net income (loss)	$ (570)	$ 357	$ (2,752)	$ 6,482
Weighted average units outstanding - basic and diluted	25,411	25,411	25,411	25,411
Income (loss) per unit - basic and diluted	$ (0.02)	$ 0.01	$ (0.11)	$ 0.26

Consolidated Statement of Chang

Consolidated Statement of Changes in Members' Equity - 9 months ended Jun. 30, 2018 - USD ($) $ in Thousands	Total	Member's Capital [Member]	Accumulated Deficit [Member]
Beginning Balance at Sep. 30, 2017	$ 31,480	$ 44,826	$ (13,346)
Beginning Balance, shares at Sep. 30, 2017	25,410,851	25,410,851
Net loss	$ (2,752)		(2,752)
Ending Balance at Jun. 30, 2018	$ 28,728	$ 44,826	$ (16,098)
Ending Balance, shares at Jun. 30, 2018	25,410,851	25,410,851

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities:
Net income (loss)	$ (2,752)	$ 6,482
Adjustments to reconcile net income (loss) to operating activities cash flows:
Depreciation	2,899	2,851
Amortization of deferred financing costs	72	72
Amortization of deferred rent	(6)	(7)
Gain on disposal of assets		(28)
Change in working capital components:
Trade accounts receivable	(320)	1,177
Other receivables	517	(282)
Inventories	(562)	(28)
Prepaid expenses	(174)	(195)
Accounts payable	453	506
Accrued expenses	83	(207)
Net cash provided by operating activities	210	10,341
Cash flows from investing activities:
Purchase of property and equipment	(1,582)	(2,521)
Change in other assets	304	169
Net cash used in investing activities	(1,278)	(2,352)
Cash flows from financing activities:
Payments on debt	(3,638)	(3,212)
Proceeds from debt		1,102
Payment of deferred financing costs	(46)
Distribution to unit holders		(3,812)
Net cash used in financing activities	(3,684)	(5,922)
Net increase (decrease) in cash, cash equivalents and restricted cash	(4,752)	2,067
Beginning cash, cash equivalents and restricted cash	19,804	16,416
Ending cash, cash equivalents and restricted cash	15,052	18,483
Supplemental disclosure of cash flow information:
Cash paid for interest	535	613
Supplemental disclosure of non-cash financing and investing activities:
Accounts payable and accrued expenses related to fixed assets	$ 32	$ 15

Organization and Significant Ac

Organization and Significant Accounting Policies	9 Months Ended
	Jun. 30, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization and Significant Accounting Policies	1. Organization and Significant Accounting Policies The consolidated financial statements include the accounts of Advanced BioEnergy, LLC (“ABE” or the “Company”) and its wholly owned subsidiaries, ABE Fairmont, LLC (“ABE Fairmont”) and ABE South Dakota, LLC (“ABE South Dakota”). Substantially all of the assets of ABE Fairmont were sold in December 2012 and the subsidiary is now inactive. All intercompany balances and transactions have been eliminated in consolidation. The accompanying unaudited consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles, or GAAP, for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The interim financial statements should be read in conjunction with the audited financial statements and notes thereto contained in the Company’s Annual Report on Form 10-K for the year ended September 30, 2017. The financial information as of June 30, 2018 and the results of operations for the three and nine months ended June 30, 2018 are not necessarily indicative of the results for the fiscal year ending September 30, 2018. In the opinion of management, the interim financial statements reflect all normal recurring adjustments necessary for fair presentation. Certain expenses recognized in previous quarters were reclassified for year-end presentation in the prior year to be consistent with the classifications that management had adopted. As such, certain amounts have been reclassified for the prior year quarter periods presented, with no effect on members’ equity or net income. The Company currently owns two ethanol production facilities in Aberdeen and Huron, South Dakota with a combined production capacity of 80 million gallons per year. Cash, Cash Equivalents, and Restricted Cash The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. The Company’s cash balances are maintained in bank depositories and periodically exceed federally insured limits. The Company has not experienced losses in these accounts. Restricted cash at June 30, 2018 and September 30, 2017 included a deposit for a rail car sublease. The following table provides a reconciliation of cash and cash equivalents, and restricted cash reported within the consolidated balance sheet that sum to the total of the same such amounts in the consolidated statement of cash flows (in thousands): June 30, June 30, 2018 2017 Cash and cash equivalents $ 14,052 $ 17,483 Restricted cash 1,000 1,000 Total cash, cash equivalents and restricted cash shown in the statement of cash flows $ 15,052 $ 18,483 Fair Value of Financial Instruments Financial instruments include cash, cash equivalents and restricted cash, accounts receivable, accounts payable, accrued expenses, and long-term debt. The fair value of the long-term debt is estimated on level 3 inputs based on current anticipated interest rate that management believes would be available to the Company for similar debt, taking into account the current credit risk of the Company and other market factors. Based on these factors, the fair value of the long-term debt is currently estimated at carrying value. Excluding cash and cash equivalents, the fair value of the other financial instruments are estimated to approximate carrying value due to the short-term nature of these instruments, and are considered to be Level 3 inputs. Receivables Credit sales are made to a relatively small number of customers with no collateral required. Trade receivables are carried at original invoice amount less an estimate made for doubtful receivables based on a review of all outstanding amounts on a monthly basis. Management determines the allowance for doubtful accounts by regularly evaluating individual receivables and considering a customer’s financial condition, credit history and current economic conditions. Receivables are written off if deemed uncollectible. Recoveries of receivables previously written off are recorded when received. There was no allowance for doubtful accounts recorded at June 30, 2018 or September 30, 2017. Inventories Ethanol inventory, raw materials, work-in-process and parts inventory are valued using methods that approximate the lower of cost (first-in, first-out) or net realizable value (“NRV”). Distillers grains and related products are stated at NRV. In the valuation of inventories and purchase and sale commitments, the Company determines NRV by estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Property and Equipment Property and equipment is carried at cost less accumulated depreciation computed using the straight-line method over the estimated useful lives: Office equipment 3-7 Years Other equipment 1-5 Years Process equipment 15 Years Buildings 40 Years Maintenance and repairs are charged to expense as incurred; major improvements and betterments are capitalized. Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset group may not be recoverable. The Company is not aware of any events or circumstances that would indicate a decline in the fair value below the carrying value of the long-lived assets. An impairment loss would be recognized when estimated undiscounted future cash flows from operations are less than the carrying value of the asset group. An impairment loss would be measured by the amount by which the carrying value of the asset exceeds the estimated fair value on that date. Commodity Sales and Purchase Contracts, Derivative Instruments The Company enters into forward sales contracts for ethanol, distillers and corn oil, and purchase contracts for corn and natural gas. The Company classifies these sales and purchase contracts as normal sales and purchase contracts and accordingly these contracts are not marked to market. These contracts provide for the sale or purchase of an item other than a financial instrument or derivative instrument that will be delivered in quantities expected to be sold or used over a reasonable period in the normal course of business. In addition, certain derivative financial instruments that meet the criteria for derivative accounting treatment also qualify for a scope exception to derivative accounting, as they are considered normal purchases and sales. The availability of this exception is based on the assumption that the Company has the ability and it is probable that it will deliver or take delivery of the underlying item. Derivatives that are considered to be normal purchases and sales are exempt from derivative accounting treatment, and are accounted for under accrual accounting. Revenue Recognition Ethanol revenue is recognized when product title and all risk of ownership is transferred to the customer as specified in the contractual agreements with the marketers. Under the terms of the marketing agreements, revenue is recognized when product is loaded into rail cars or trucks for shipment. Revenue from the sale of co-products is recorded when title and all risk of ownership transfers to customers. Co-products are normally shipped free on board (“FOB”) shipping point. In accordance with the Company’s agreements for the marketing and sale of ethanol and related products, commissions due to the marketers are deducted from the gross sale price at the time of payment. Interest income is recognized as earned. Income per Unit Basic and diluted income (loss)-per-unit is computed using the weighted-average number of vested units outstanding during the period. Unit warrants are considered unit equivalents and are considered in the diluted income (loss)-per-unit compensation. Accounting Estimates Management uses estimates and assumptions in preparing these financial statements in accordance with generally accepted accounting principles, or GAAP. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could differ from those estimates. Income Taxes The Company has elected to be treated as a partnership for tax purposes and generally does not incur income taxes. Instead, the Company’s earnings and losses are included in the income tax returns of the members. Therefore, no provision or liability for federal or state income taxes has been included in these financial statements. The Company files income tax returns in the U.S. federal and various state jurisdictions. Recent Accounting Pronouncements Effective October 1, 2018, the Company will adopt the amended guidance in ASC 606, “Revenue from Contracts with Customers”, which requires revenue recognition to reflect the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The updated standard permits either the retrospective or cumulative effect transition method. The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements. Effective January 1, 2018, and presented retrospectively, the Company adopted the amended guidance in ASC 230, “Statement of Cash Flows”, which amends existing guidance to require that the Statement of Cash Flows now include restricted cash and restricted cash equivalents along with cash and cash equivalents when reconciling beginning and end-of-period amounts. Effective January 1, 2018, the Company no longer presents transfers between cash and cash equivalents and restricted cash and restricted cash equivalents in the Statement of Cash Flows. In February 2016, the ASC was amended and a new accounting standard, ASC Topic 842, “Leases,” was issued to increase the transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The new standard requires recognition of the assets and liabilities that arise from leases. Accordingly, a lessee will recognize a right-of-use (“ROU”) asset for its right to use the underlying asset and a lease liability for the corresponding lease obligation. The lease liability will initially be measured at the present value of the future minimum lease payments over the lease term. The ROU asset will initially be measured as the sum of the initial lease liability, initial costs directly attributable to negotiating and arranging the lease, and payments made by a lessee to the lessor at or before the lease commencement date less any lease incentives received. Lessees can make an accounting policy election by class of underlying asset not to recognize a ROU asset and corresponding lease liability for leases with a term of 12 months or less. Accounting by lessors will remain largely unchanged from current U.S. GAAP. In transition, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. The modified retrospective approach includes a number of optional practical expedients that companies may elect to apply. These practical expedients relate to the identification and classification of leases that commenced before the effective date, initial direct costs for leases that commenced before the effective date, and the ability to use hindsight in evaluating lessee options to extend or terminate a lease or to purchase the underlying asset. The transition guidance also provides specific guidance for sale-and-leaseback transactions, build-to-suit leases, leveraged leases, and amounts previously recognized in accordance with the business combinations guidance for leases. The new standard is effective for public companies for fiscal years beginning after December 15, 2018, and interim periods within those years, with early adoption permitted. We are currently evaluating the potential effect of this new accounting standard

Inventories

Inventories	9 Months Ended
	Jun. 30, 2018
Inventory Disclosure [Abstract]
Inventories	2. Inventories A summary of inventories is as follows (in thousands): June 30, September 30, 2018 2017 Chemicals $ 1,130 $ 939 Work in process 720 646 Ethanol 1,147 788 Distillers grain 147 157 Supplies and parts 1,752 1,804 Total $ 4,896 $ 4,334

Property and Equipment

Property and Equipment	9 Months Ended
	Jun. 30, 2018
Property Plant And Equipment [Abstract]
Property and Equipment	3. Property and Equipment A summary of property and equipment is as follows (in thousands): June 30, September 30, 2018 2017 Land $ 1,811 $ 1,811 Buildings 8,167 8,128 Process equipment 110,103 109,006 Other equipment 458 147 Office equipment 1,770 1,770 Construction in process 720 580 123,029 121,442 Accumulated depreciation (93,114 ) (90,216 ) Property and equipment, net $ 29,915 $ 31,226

Long-term Debt

Long-term Debt	9 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Long-term Debt	4. Long-term Debt A summary of long-term debt is as follows (in thousands, except percentages): June 30, 2018 June 30, September 30, Interest Rate 2018 2017 ABE South Dakota: Senior debt principal - variable 5.43% $ 21,040 $ 24,677 Deferred financing costs N/A (286 ) (311 ) Total outstanding $ 20,754 $ 24,366 The estimated maturities of debt are as follows (in thousands): Senior Debt Deferred Due By June 30: Principal Financing Total 2019 $ 4,040 $ (95 ) $ 3,945 2020 4,000 (103 ) 3,897 2021 13,000 (56 ) 12,944 2022 - (9 ) (9 ) 2023 - (10 ) (10 ) Thereafter - (13 ) (13 ) Total debt $ 21,040 $ (286 ) $ 20,754 2015 Senior Credit Agreement for the South Dakota Plants On December 29, 2015, ABE South Dakota entered into a Master Credit Agreement (“2015 Credit Agreement”) with AgCountry Farm Credit Services, PCA as lender, (“AgCountry”) to refinance its existing 2010 Senior Credit Agreement. On December 29, 2015, the Company also entered into (i) a First Supplement to the 2015 Credit Agreement covering a $10.0 million Revolving Term Facility and (ii) a Second Supplement covering a $20.0 million Term Loan. The transaction funded on December 30, 2015. The $20.0 million Term Loan has a variable interest rate (“Variable Rate”) equal to the one-month LIBOR rate plus a “Margin” of 350 basis points. The applicable LIBOR interest rate at June 30, 2018 was 1.93%. Beginning April 1, 2016, the Company began making quarterly principal payments of $1.0 million, plus accrued interest, on the Term Loan. The Term Loan will be fully amortized over five years with the final payment on January 1, 2021. The Company may elect one or more fixed or adjustable interest rates, rather than the Variable Rate, based on AgCountry’s cost of funds at the time of the election, plus the Margin. Any election must apply to $1.0 million or more owing on the Term Loan. At June 30, 2018, the balance of the Term Loan was $11.0 million. The $10.0 million Revolving Term Facility also has a Variable Rate equal to the one-month LIBOR rate plus an initial Margin of 350 basis points. Borrowings under the Revolving Term Facility may be advanced, repaid and re-borrowed during the term. The Company is required to make quarterly interest payments on the Revolving Term Facility, with the full principal amount outstanding due on January 1, 2021. Under the Revolving Term Facility, the Company is required to pay unused commitment fees of 50 basis points. At June 30, 2018, the balance of the Revolving Term Facility was $10.0 million. The Margin will (i) decrease to 3.25% when the aggregate principal balance of all outstanding loans and the unfunded commitment level is $20.0 million or less, and (ii) decrease to 3.00% when this amount is $15.0 million or less. ABE South Dakota, LLC also entered into a Security Agreement with AgCountry under which borrowings under the 2015 Credit Agreement are secured by substantially all of ABE South Dakota’s assets. AgCountry holds a first priority security interest and mortgage in all inventory, accounts receivable, intangibles, equipment, fixtures, buildings, and a first mortgage in land owned or leased by ABE South Dakota. The 2015 Credit Agreement also includes customary financial and non-financial covenants that limit capital expenditures, distributions and debt and require minimum working capital, current ratio, debt to EBITDA, and fixed charge coverage ratios. See “Amendment and Waivers to 2015 Credit Agreement” below. 2016 Term Loan On September 28, 2016, ABE South Dakota entered into the Third Supplement to the 2015 Credit Agreement (“2016 Term Loan”) with AgCountry to finance the corn oil extraction system at the Huron plant. The original loan commitment for the 2016 Term Loan was $1.7 million, and the loan has a variable interest rate equal to the one-month LIBOR rate plus a “Margin” of 350 basis points. A total of $1.1 million of the $1.7 million commitment was drawn from this loan. On January 1, 2017, the Company began making quarterly payments of accrued interest on the 2016 Term Loan. On April 1, 2017, the Company began making quarterly principal payments of $212,500 on the 2016 Term Loan. As of June 30, 2018 the balance of the 2016 Term Loan was $0.04 million. Subsequent to the quarter ended June 30, 2018, the 2016 Term Loan was paid in full. 2018 Construction and Term Loan On March 13, 2018, ABE South Dakota entered into the Fourth Supplement to the 2015 Credit Agreement (“2018 Term Loan”) with AgCountry to finance a grain storage and receiving facility at the Aberdeen plant. The agreement provides for a $5.0 million multiple advance credit facility. The loan has a variable interest rate equal to the one-month LIBOR rate plus a “Margin” of 350 basis points. During the construction period, the Company will make quarterly interest payments in arrears on the first day of each quarter. Upon completion of construction, the Company will begin making quarterly principal payments in the amount of $250,000 per quarter, plus accrued interest. The 2018 Term Loan will be fully amortized over five years, with the final payment on July 1, 2024. At June 30, 2018, no funds had been drawn on the 2018 Term Loan, and $47,000 in loan fees and closing costs had been incurred, which have been classified as deferred financing costs and will be amortized as interest expense over the term of the loan. Amendment and Waivers to 2015 Credit Agreement On September 28, 2016, ABE South Dakota entered into a Limited Waiver and First Amendment to the 2015 Credit Agreement (“First Amendment”) to (i) eliminate the Owner’s Equity Ratio Covenant, (ii) temporarily increase the Capital Expenditures Covenant to $3.0 million for fiscal 2016 to finance the corn oil extraction system at the Huron plant, and (iii) waive other post-closing obligations. On November 19, 2016, ABE South Dakota received a waiver to the 2015 Credit Agreement from AgCountry that waived certain Events of Default related to the Working Capital requirement and the Total Outstanding Debt to EBITDA Ratio at September 30, 2016. On October 16, 2017 ABE South Dakota received a waiver to the 2015 Credit Agreement from AgCountry that waived an Event of Default related to the Capital Expenditure Covenant for fiscal 2017. The Capital Expenditure Covenant for fiscal 2016 was increased to $3.0 million due to addition of the corn oil extraction system at Huron. However, a portion of the capital expenditure cost was incurred in fiscal 2017, so an additional waiver was granted for this period. On March 13, 2018, in conjunction with the 2018 Term Loan, ABE South Dakota entered into a Second Amendment to the 2015 Credit Agreement (“Second Amendment”) to temporarily increase the Capital Expenditures Covenant to $6.0 million per year for the years ending September 30, 2018 and 2019. The covenant will revert back to $2.0 million per year for all years ending after September 30, 2019. The Company was in compliance with the applicable covenants of the 2015 Credit Agreement as of June 30, 2018. However, based on financial results for the nine months ended June 30, 2018, the Company is unable to project with certainty compliance with covenants of the 2015 Credit Agreement as of September 30, 2018. The Company has been in discussions with AgCountry regarding a potential waiver to the 2015 Credit Agreement as of September 30, 2018. Although the Company believes it is probable it will obtain any necessary waivers at September 30, 2018, in the event such waivers are not obtained, AgCountry may accelerate the repayment of outstanding principal and exercise its rights as a secured party. ABE Letter of Credit The Company has a $1.0 million irrevocable and non-transferable standby letter of credit related to a rail car sublease. This letter of credit is collateralized by $1.0 million of cash in a restricted account; the cash in this account has been classified as restricted cash.

Major Customers

Major Customers	9 Months Ended
	Jun. 30, 2018
Risks And Uncertainties [Abstract]
Major Customers	5. Major Customers ABE South Dakota has ethanol marketing agreements with NGL Energy Partners, LP (“NGL”), a diversified energy business. These ethanol marketing agreements require that we sell to NGL all of the denatured fuel-grade ethanol produced at the South Dakota plants. The term of these ethanol marketing agreements expires on June 30, 2019. ABE South Dakota is party to a co-product marketing agreement with Dakotaland Feeds, LLC (“Dakotaland Feeds”), whereby Dakotaland Feeds markets wet distillers’ grains produced at the Huron plant and modified distillers’ at the Aberdeen plant to third parties for an agreed-upon commission. ABE South Dakota has a marketing agreement with Gavilon Ingredients, LLC (“Gavilon”) to market the dried distillers’ grains at the Aberdeen and Huron plants through July 31, 2019. ABE South Dakota self-markets its wet and a small portion of modified distillers’ grains produced at the Aberdeen plant. ABE South Dakota is party to an agreement with Gavilon to market all of the corn oil produced by the Huron and Aberdeen plants through September 30, 2018 and November 30, 2018, respectively. Sales and receivables from the ABE South Dakota’s major customers were as follows (in thousands): As of and for the Three and Nine Months Ending As of and for the Three and Nine Months Ending As Of June 30, June 30, September 30, 2018 2017 2017 NGL Energy - Ethanol Three months revenues $ 27,194 $ 27,745 Nine months revenues 76,657 87,325 Receivable balance at period end 2,547 2,659 $ 3,116 Gavilon - Corn Oil & Distillers Grains Three months revenues $ 4,982 $ 3,307 Nine months revenues 12,426 9,958 Receivable balance at period end 1,104 253 $ 326 Dakotaland Feeds - Distillers Grains Three months revenues $ 3,625 $ 2,319 Nine months revenues 10,035 7,897 Receivable balance at period end 509 364 $ 575

Risk Management

Risk Management	9 Months Ended
	Jun. 30, 2018
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Risk Management	6. Risk Management The Company is exposed to a variety of market risks, including the effects of changes in commodity prices and interest rates. These financial exposures are monitored and managed by the Company as an integral part of its overall risk management program. The Company’s risk management program seeks to reduce the potentially adverse effects that the volatility of these markets may have on its current and future operating results. To reduce these effects, the Company generally attempts to fix corn purchase prices and related sale prices of ethanol, distillers’ grains and corn oil, with forward purchase and sale contracts to lock in future operating margins. The Company had entered into the following fixed price forward contracts at June 30, 2018: Commodity Type Quantity Amount (in 000's) Period Covered Through Ethanol Sale 4,462,200 gallons $ 5,596 July 31, 2018 Distillers grains Sale 16,287 tons 1,273 August 31, 2018 Corn oil Sale 900,000 lbs 196 July 31, 2018 Natural Gas Purchase 265,000 mmbtus 784 March 31, 2019 Unrealized gains and losses on forward contracts, in which delivery has not occurred, are deemed “normal purchases and normal sales” and therefore are not marked to market in the financial statements.

Parent Financial Statements

Parent Financial Statements	9 Months Ended
	Jun. 30, 2018
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Parent Financial Statements	7. Parent Financial Statements The following financial information represents the unconsolidated financial statements of Advanced BioEnergy, LLC (“ABE”) as of June 30, 2018 and September 30, 2017, and for the nine months ended June 30, 2018 and 2017. ABE’s ability to receive distributions from ABE South Dakota is based on the terms and conditions in ABE South Dakota credit agreement. Under its current credit agreement, ABE South Dakota is allowed to make equity distributions of up to 40% of its net income and may distribute up to 100% of its net income if it achieves and maintains an owner’s equity ratio of at least 60% and working capital of at least $15 million. There were no distributions from ABE South Dakota during the last three fiscal years due to covenant limitations and/or future planned capital requirements. Advanced BioEnergy, LLC (Unconsolidated) Balance Sheets (Dollars in thousands) June 30, September 30, 2018 2017 (unaudited) ASSETS Current assets: Cash and cash equivalents $ 310 $ 725 Restricted cash 1,000 1,000 Prepaids 25 - Total current assets 1,335 1,725 Property and equipment, net 32 54 Other assets: Investment in ABE South Dakota 27,504 29,862 Other assets 32 32 Total assets $ 28,903 $ 31,673 LIABILITIES AND MEMBERS' EQUITY Liabilities: Accounts payable $ 3 $ - Accrued expenses 147 162 Other liabilities 25 31 Total liabilities 175 193 Members' equity: Members' capital, no par value, 25,410,851 units issued and outstanding 44,826 44,826 Accumulated deficit (16,098 ) (13,346 ) Total members' equity 28,728 31,480 Total liabilities and members' equity $ 28,903 $ 31,673 Advanced BioEnergy, LLC (Unconsolidated) Statements of Operations (Dollars in thousands) (Unaudited) Three Months Ended Nine Months Ended June 30, June 30, June 30, June 30, 2018 2017 2018 2017 Equity in earnings (losses) of consolidated subsidiary $ (466 ) $ 522 $ (2,358 ) $ 6,994 Selling, general and administrative expenses (105 ) (167 ) (428 ) (521 ) Operating income (loss) (571 ) 355 (2,786 ) 6,473 Other income - - 30 - Interest income 1 2 4 9 Net income (loss) $ (570 ) $ 357 $ (2,752 ) $ 6,482 Advanced BioEnergy, LLC (Unconsolidated) Statements of Cash Flows (Dollars in thousands) (Unaudited) Nine Months Ended June 30, June 30, 2018 2017 Cash flows from operating activities: Net income (loss) $ (2,752 ) $ 6,482 Adjustments to reconcile net income (loss) to operating activities cash flows: Depreciation 22 49 Equity in (earnings) losses of consolidated subsidiaries 2,358 (6,994 ) Amortization of deferred revenue and rent (6 ) (6 ) Change in working capital components: Prepaid expenses (25 ) (25 ) Accounts payable 3 (4 ) Accrued expenses (15 ) (41 ) Net cash used in operating activities (415 ) (539 ) Cash flows from investing activities: Net cash used in investing activities - - Cash flows from financing activities: Distribution to unit holders - (3,812 ) Net cash used in financing activities - (3,812 ) Net decrease in cash, cash equivalents and restricted cash (415 ) (4,351 ) Beginning cash, cash equivalents and restricted cash 1,725 6,176 Ending cash, cash equivalents and restricted cash $ 1,310 $ 1,825

Organization and Significant 14

Organization and Significant Accounting Policies (Policies)	9 Months Ended
	Jun. 30, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Cash, Cash Equivalents, and Restricted Cash	Cash, Cash Equivalents, and Restricted Cash The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. The Company’s cash balances are maintained in bank depositories and periodically exceed federally insured limits. The Company has not experienced losses in these accounts. Restricted cash at June 30, 2018 and September 30, 2017 included a deposit for a rail car sublease. The following table provides a reconciliation of cash and cash equivalents, and restricted cash reported within the consolidated balance sheet that sum to the total of the same such amounts in the consolidated statement of cash flows (in thousands): June 30, June 30, 2018 2017 Cash and cash equivalents $ 14,052 $ 17,483 Restricted cash 1,000 1,000 Total cash, cash equivalents and restricted cash shown in the statement of cash flows $ 15,052 $ 18,483
Fair Value of Financial Instruments	Fair Value of Financial Instruments Financial instruments include cash, cash equivalents and restricted cash, accounts receivable, accounts payable, accrued expenses, and long-term debt. The fair value of the long-term debt is estimated on level 3 inputs based on current anticipated interest rate that management believes would be available to the Company for similar debt, taking into account the current credit risk of the Company and other market factors. Based on these factors, the fair value of the long-term debt is currently estimated at carrying value. Excluding cash and cash equivalents, the fair value of the other financial instruments are estimated to approximate carrying value due to the short-term nature of these instruments, and are considered to be Level 3 inputs.
Receivables	Receivables Credit sales are made to a relatively small number of customers with no collateral required. Trade receivables are carried at original invoice amount less an estimate made for doubtful receivables based on a review of all outstanding amounts on a monthly basis. Management determines the allowance for doubtful accounts by regularly evaluating individual receivables and considering a customer’s financial condition, credit history and current economic conditions. Receivables are written off if deemed uncollectible. Recoveries of receivables previously written off are recorded when received. There was no allowance for doubtful accounts recorded at June 30, 2018 or September 30, 2017.
Inventories	Inventories Ethanol inventory, raw materials, work-in-process and parts inventory are valued using methods that approximate the lower of cost (first-in, first-out) or net realizable value (“NRV”). Distillers grains and related products are stated at NRV. In the valuation of inventories and purchase and sale commitments, the Company determines NRV by estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation.
Property and Equipment	Property and Equipment Property and equipment is carried at cost less accumulated depreciation computed using the straight-line method over the estimated useful lives: Office equipment 3-7 Years Other equipment 1-5 Years Process equipment 15 Years Buildings 40 Years Maintenance and repairs are charged to expense as incurred; major improvements and betterments are capitalized. Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset group may not be recoverable. The Company is not aware of any events or circumstances that would indicate a decline in the fair value below the carrying value of the long-lived assets. An impairment loss would be recognized when estimated undiscounted future cash flows from operations are less than the carrying value of the asset group. An impairment loss would be measured by the amount by which the carrying value of the asset exceeds the estimated fair value on that date.
Commodity Sales and Purchase Contracts, Derivative Instruments	Commodity Sales and Purchase Contracts, Derivative Instruments The Company enters into forward sales contracts for ethanol, distillers and corn oil, and purchase contracts for corn and natural gas. The Company classifies these sales and purchase contracts as normal sales and purchase contracts and accordingly these contracts are not marked to market. These contracts provide for the sale or purchase of an item other than a financial instrument or derivative instrument that will be delivered in quantities expected to be sold or used over a reasonable period in the normal course of business. In addition, certain derivative financial instruments that meet the criteria for derivative accounting treatment also qualify for a scope exception to derivative accounting, as they are considered normal purchases and sales. The availability of this exception is based on the assumption that the Company has the ability and it is probable that it will deliver or take delivery of the underlying item. Derivatives that are considered to be normal purchases and sales are exempt from derivative accounting treatment, and are accounted for under accrual accounting.
Revenue Recognition	Revenue Recognition Ethanol revenue is recognized when product title and all risk of ownership is transferred to the customer as specified in the contractual agreements with the marketers. Under the terms of the marketing agreements, revenue is recognized when product is loaded into rail cars or trucks for shipment. Revenue from the sale of co-products is recorded when title and all risk of ownership transfers to customers. Co-products are normally shipped free on board (“FOB”) shipping point. In accordance with the Company’s agreements for the marketing and sale of ethanol and related products, commissions due to the marketers are deducted from the gross sale price at the time of payment. Interest income is recognized as earned.
Income Per Unit	Income per Unit Basic and diluted income (loss)-per-unit is computed using the weighted-average number of vested units outstanding during the period. Unit warrants are considered unit equivalents and are considered in the diluted income (loss)-per-unit compensation.
Accounting Estimates	Accounting Estimates Management uses estimates and assumptions in preparing these financial statements in accordance with generally accepted accounting principles, or GAAP. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could differ from those estimates.
Income Taxes	Income Taxes The Company has elected to be treated as a partnership for tax purposes and generally does not incur income taxes. Instead, the Company’s earnings and losses are included in the income tax returns of the members. Therefore, no provision or liability for federal or state income taxes has been included in these financial statements. The Company files income tax returns in the U.S. federal and various state jurisdictions.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Effective October 1, 2018, the Company will adopt the amended guidance in ASC 606, “Revenue from Contracts with Customers”, which requires revenue recognition to reflect the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The updated standard permits either the retrospective or cumulative effect transition method. The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements. Effective January 1, 2018, and presented retrospectively, the Company adopted the amended guidance in ASC 230, “Statement of Cash Flows”, which amends existing guidance to require that the Statement of Cash Flows now include restricted cash and restricted cash equivalents along with cash and cash equivalents when reconciling beginning and end-of-period amounts. Effective January 1, 2018, the Company no longer presents transfers between cash and cash equivalents and restricted cash and restricted cash equivalents in the Statement of Cash Flows. In February 2016, the ASC was amended and a new accounting standard, ASC Topic 842, “Leases,” was issued to increase the transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The new standard requires recognition of the assets and liabilities that arise from leases. Accordingly, a lessee will recognize a right-of-use (“ROU”) asset for its right to use the underlying asset and a lease liability for the corresponding lease obligation. The lease liability will initially be measured at the present value of the future minimum lease payments over the lease term. The ROU asset will initially be measured as the sum of the initial lease liability, initial costs directly attributable to negotiating and arranging the lease, and payments made by a lessee to the lessor at or before the lease commencement date less any lease incentives received. Lessees can make an accounting policy election by class of underlying asset not to recognize a ROU asset and corresponding lease liability for leases with a term of 12 months or less. Accounting by lessors will remain largely unchanged from current U.S. GAAP. In transition, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. The modified retrospective approach includes a number of optional practical expedients that companies may elect to apply. These practical expedients relate to the identification and classification of leases that commenced before the effective date, initial direct costs for leases that commenced before the effective date, and the ability to use hindsight in evaluating lessee options to extend or terminate a lease or to purchase the underlying asset. The transition guidance also provides specific guidance for sale-and-leaseback transactions, build-to-suit leases, leveraged leases, and amounts previously recognized in accordance with the business combinations guidance for leases. The new standard is effective for public companies for fiscal years beginning after December 15, 2018, and interim periods within those years, with early adoption permitted. We are currently evaluating the potential effect of this new accounting standard

Organization and Significant 15

Organization and Significant Accounting Policies (Tables)	9 Months Ended
	Jun. 30, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Summary of Reconciliation of Cash and Cash Equivalents, and Restricted Cash	The following table provides a reconciliation of cash and cash equivalents, and restricted cash reported within the consolidated balance sheet that sum to the total of the same such amounts in the consolidated statement of cash flows (in thousands): June 30, June 30, 2018 2017 Cash and cash equivalents $ 14,052 $ 17,483 Restricted cash 1,000 1,000 Total cash, cash equivalents and restricted cash shown in the statement of cash flows $ 15,052 $ 18,483
Estimated Useful Lives of Property and Equipment	Property and equipment is carried at cost less accumulated depreciation computed using the straight-line method over the estimated useful lives: Office equipment 3-7 Years Other equipment 1-5 Years Process equipment 15 Years Buildings 40 Years

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Jun. 30, 2018
Inventory Disclosure [Abstract]
Summary of Inventories	A summary of inventories is as follows (in thousands): June 30, September 30, 2018 2017 Chemicals $ 1,130 $ 939 Work in process 720 646 Ethanol 1,147 788 Distillers grain 147 157 Supplies and parts 1,752 1,804 Total $ 4,896 $ 4,334

Property and Equipment (Tables)

Property and Equipment (Tables)	9 Months Ended
	Jun. 30, 2018
Property Plant And Equipment [Abstract]
Summary of Property and Equipment	A summary of property and equipment is as follows (in thousands): June 30, September 30, 2018 2017 Land $ 1,811 $ 1,811 Buildings 8,167 8,128 Process equipment 110,103 109,006 Other equipment 458 147 Office equipment 1,770 1,770 Construction in process 720 580 123,029 121,442 Accumulated depreciation (93,114 ) (90,216 ) Property and equipment, net $ 29,915 $ 31,226

Long-term Debt (Tables)

Long-term Debt (Tables)	9 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Summary of Long-term Debt	A summary of long-term debt is as follows (in thousands, except percentages): June 30, 2018 June 30, September 30, Interest Rate 2018 2017 ABE South Dakota: Senior debt principal - variable 5.43% $ 21,040 $ 24,677 Deferred financing costs N/A (286 ) (311 ) Total outstanding $ 20,754 $ 24,366
Schedule of Maturities of Long Term Debt	The estimated maturities of debt are as follows (in thousands): Senior Debt Deferred Due By June 30: Principal Financing Total 2019 $ 4,040 $ (95 ) $ 3,945 2020 4,000 (103 ) 3,897 2021 13,000 (56 ) 12,944 2022 - (9 ) (9 ) 2023 - (10 ) (10 ) Thereafter - (13 ) (13 ) Total debt $ 21,040 $ (286 ) $ 20,754

Major Customers (Tables)

Major Customers (Tables)	9 Months Ended
	Jun. 30, 2018
Risks And Uncertainties [Abstract]
Sales and Receivables	Sales and receivables from the ABE South Dakota’s major customers were as follows (in thousands): As of and for the Three and Nine Months Ending As of and for the Three and Nine Months Ending As Of June 30, June 30, September 30, 2018 2017 2017 NGL Energy - Ethanol Three months revenues $ 27,194 $ 27,745 Nine months revenues 76,657 87,325 Receivable balance at period end 2,547 2,659 $ 3,116 Gavilon - Corn Oil & Distillers Grains Three months revenues $ 4,982 $ 3,307 Nine months revenues 12,426 9,958 Receivable balance at period end 1,104 253 $ 326 Dakotaland Feeds - Distillers Grains Three months revenues $ 3,625 $ 2,319 Nine months revenues 10,035 7,897 Receivable balance at period end 509 364 $ 575

Risk Management (Tables)

Risk Management (Tables)	9 Months Ended
	Jun. 30, 2018
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Fixed Price Forward Contracts	The Company had entered into the following fixed price forward contracts at June 30, 2018: Commodity Type Quantity Amount (in 000's) Period Covered Through Ethanol Sale 4,462,200 gallons $ 5,596 July 31, 2018 Distillers grains Sale 16,287 tons 1,273 August 31, 2018 Corn oil Sale 900,000 lbs 196 July 31, 2018 Natural Gas Purchase 265,000 mmbtus 784 March 31, 2019

Parent Financial Statements (Ta

Parent Financial Statements (Tables)	9 Months Ended
	Jun. 30, 2018
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Balance Sheets	Advanced BioEnergy, LLC (Unconsolidated) Balance Sheets (Dollars in thousands) June 30, September 30, 2018 2017 (unaudited) ASSETS Current assets: Cash and cash equivalents $ 310 $ 725 Restricted cash 1,000 1,000 Prepaids 25 - Total current assets 1,335 1,725 Property and equipment, net 32 54 Other assets: Investment in ABE South Dakota 27,504 29,862 Other assets 32 32 Total assets $ 28,903 $ 31,673 LIABILITIES AND MEMBERS' EQUITY Liabilities: Accounts payable $ 3 $ - Accrued expenses 147 162 Other liabilities 25 31 Total liabilities 175 193 Members' equity: Members' capital, no par value, 25,410,851 units issued and outstanding 44,826 44,826 Accumulated deficit (16,098 ) (13,346 ) Total members' equity 28,728 31,480 Total liabilities and members' equity $ 28,903 $ 31,673
Statements of Operations	Advanced BioEnergy, LLC (Unconsolidated) Statements of Operations (Dollars in thousands) (Unaudited) Three Months Ended Nine Months Ended June 30, June 30, June 30, June 30, 2018 2017 2018 2017 Equity in earnings (losses) of consolidated subsidiary $ (466 ) $ 522 $ (2,358 ) $ 6,994 Selling, general and administrative expenses (105 ) (167 ) (428 ) (521 ) Operating income (loss) (571 ) 355 (2,786 ) 6,473 Other income - - 30 - Interest income 1 2 4 9 Net income (loss) $ (570 ) $ 357 $ (2,752 ) $ 6,482
Statements of Cash Flows	Advanced BioEnergy, LLC (Unconsolidated) Statements of Cash Flows (Dollars in thousands) (Unaudited) Nine Months Ended June 30, June 30, 2018 2017 Cash flows from operating activities: Net income (loss) $ (2,752 ) $ 6,482 Adjustments to reconcile net income (loss) to operating activities cash flows: Depreciation 22 49 Equity in (earnings) losses of consolidated subsidiaries 2,358 (6,994 ) Amortization of deferred revenue and rent (6 ) (6 ) Change in working capital components: Prepaid expenses (25 ) (25 ) Accounts payable 3 (4 ) Accrued expenses (15 ) (41 ) Net cash used in operating activities (415 ) (539 ) Cash flows from investing activities: Net cash used in investing activities - - Cash flows from financing activities: Distribution to unit holders - (3,812 ) Net cash used in financing activities - (3,812 ) Net decrease in cash, cash equivalents and restricted cash (415 ) (4,351 ) Beginning cash, cash equivalents and restricted cash 1,725 6,176 Ending cash, cash equivalents and restricted cash $ 1,310 $ 1,825

Organization and Significant 22

Organization and Significant Accounting Policies - Additional Information (Detail) gal in Millions	9 Months Ended
	Jun. 30, 2018USD ($)Facilitygal	Sep. 30, 2017USD ($)
Organization And Significant Accounting Policies [Line Items]
Number of ethanol production facilities | Facility	2
Cash and cash equivalents maturity period	Three months or less
Allowance for doubtful accounts | $	$ 0	$ 0
South Dakota [Member]
Organization And Significant Accounting Policies [Line Items]
Capacity of production facilities | gal	80

Organization and Significant 23

Organization and Significant Accounting Policies - Summary of Reconciliation of Cash and Cash Equivalents, and Restricted Cash (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Sep. 30, 2017	Jun. 30, 2017	Sep. 30, 2016
Accounting Policies [Abstract]
Cash and cash equivalents	$ 14,052	$ 18,804	$ 17,483
Restricted cash	1,000	1,000	1,000
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	$ 15,052	$ 19,804	$ 18,483	$ 16,416

Organization and Significant 24

Organization and Significant Accounting Policies - Estimated Useful Lives of Property and Equipment (Detail)	9 Months Ended
	Jun. 30, 2018
Office Equipment [Member] | Minimum [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives	3 years
Office Equipment [Member] | Maximum [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives	7 years
Other Equipment [Member] | Minimum [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives	1 year
Other Equipment [Member] | Maximum [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives	5 years
Process Equipment [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives	15 years
Buildings [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives	40 years

Inventories - Summary of Invent

Inventories - Summary of Inventories (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Sep. 30, 2017
Summary of inventories
Chemicals	$ 1,130	$ 939
Work in process	720	646
Ethanol	1,147	788
Distillers grain	147	157
Supplies and parts	1,752	1,804
Total	$ 4,896	$ 4,334

Property and Equipment - Summar

Property and Equipment - Summary of Property and Equipment (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Sep. 30, 2017
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 123,029	$ 121,442
Accumulated depreciation	(93,114)	(90,216)
Property and equipment, net	29,915	31,226
Land [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,811	1,811
Buildings [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	8,167	8,128
Process Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	110,103	109,006
Other Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	458	147
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,770	1,770
Construction in Process [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 720	$ 580

Long-term Debt - Summary of Lon

Long-term Debt - Summary of Long-term Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Sep. 30, 2017
Debt Instrument [Line Items]
Deferred financing costs	$ (286)
Senior debt principal - variable	21,040
Total outstanding	20,754	$ 24,366
ABE South Dakota [Member]
Debt Instrument [Line Items]
Deferred financing costs	$ (286)	(311)
ABE South Dakota [Member] | Senior Debt Principal - Variable [Member]
Debt Instrument [Line Items]
Interest Rate variable	5.43%
Senior debt principal - variable	$ 21,040	$ 24,677

Long-term Debt - Schedule of Ma

Long-term Debt - Schedule of Maturities of Long Term Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Sep. 30, 2017
Schedule Of Maturities Of Long Term Debt [Line Items]
Senior Debt Principal	$ 21,040
Deferred Financing Costs	(286)
Total	20,754	$ 24,366
2019 [Member]
Schedule Of Maturities Of Long Term Debt [Line Items]
Senior Debt Principal	4,040
Deferred Financing Costs	(95)
Total	3,945
2020 [Member]
Schedule Of Maturities Of Long Term Debt [Line Items]
Senior Debt Principal	4,000
Deferred Financing Costs	(103)
Total	3,897
2021 [Member]
Schedule Of Maturities Of Long Term Debt [Line Items]
Senior Debt Principal	13,000
Deferred Financing Costs	(56)
Total	12,944
2022 [Member]
Schedule Of Maturities Of Long Term Debt [Line Items]
Deferred Financing Costs	(9)
2023 [Member]
Schedule Of Maturities Of Long Term Debt [Line Items]
Deferred Financing Costs	(10)
Thereafter [Member]
Schedule Of Maturities Of Long Term Debt [Line Items]
Deferred Financing Costs	$ (13)

Long-term Debt - Additional Inf

Long-term Debt - Additional Information (Detail) - USD ($)	Mar. 13, 2018	Sep. 28, 2016	Dec. 29, 2015	Jun. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2017	Jun. 30, 2017
Debt Instrument [Line Items]
Deferred financing costs				$ 286,000
Restricted account collateral for letter of credit				1,000,000			$ 1,000,000	$ 1,000,000
Standby Letter of Credit [Member]
Debt Instrument [Line Items]
Irrevocable and non-transferable standby letter of credit				1,000,000
Restricted account collateral for letter of credit				1,000,000
ABE South Dakota [Member]
Debt Instrument [Line Items]
Deferred financing costs				$ 286,000			$ 311,000
AgCountry Farm Senior Credit Agreement [Member] | Applicable Margin 3.25 % [Member]
Debt Instrument [Line Items]
Decrease in applicable margin			3.25%
AgCountry Farm Senior Credit Agreement [Member] | Applicable Margin 3.25 % [Member] | Maximum [Member]
Debt Instrument [Line Items]
Unfunded commitments			$ 20,000,000
AgCountry Farm Senior Credit Agreement [Member] | Applicable Margin 3.00 % [Member]
Debt Instrument [Line Items]
Decrease in applicable margin			3.00%
AgCountry Farm Senior Credit Agreement [Member] | Applicable Margin 3.00 % [Member] | Maximum [Member]
Debt Instrument [Line Items]
Unfunded commitments			$ 15,000,000
Ag Country Farm First Amendment Senior Credit Agreement [Member] | ABE South Dakota [Member]
Debt Instrument [Line Items]
Threshold annual capital expenditure		$ 3,000,000
Debt covenant description				ABE South Dakota entered into a Limited Waiver and First Amendment to the 2015 Credit Agreement (“First Amendment”) to (i) eliminate the Owner’s Equity Ratio Covenant, (ii) temporarily increase the Capital Expenditures Covenant to $3.0 million for fiscal 2016 to finance the corn oil extraction system at the Huron plant, and (iii) waive other post-closing obligations.
Ag Country Farm Second Amendment Senior Credit Agreement [Member] | ABE South Dakota [Member]
Debt Instrument [Line Items]
Debt covenant description				ABE South Dakota entered into a Second Amendment to the 2015 Credit Agreement (“Second Amendment”) to temporarily increase the Capital Expenditures Covenant to $6.0 million per year for the years ending September 30, 2018 and 2019. The covenant will revert back to $2.0 million per year for all years ending after September 30, 2019.
Ag Country Farm Second Amendment Senior Credit Agreement [Member] | ABE South Dakota [Member] | Scenario, Forecast [Member]
Debt Instrument [Line Items]
Threshold annual capital expenditure					$ 6,000,000	$ 6,000,000
Threshold revert back of annual capital expenditure					$ 2,000,000
Revolving Term Loan [Member] | AgCountry Farm Senior Credit Agreement [Member] | ABE South Dakota [Member]
Debt Instrument [Line Items]
Debt instrument, maturity date			Jan. 1, 2021
Balance amount				$ 10,000,000
Unused commitment fees			0.50%
Revolving Term Loan [Member] | AgCountry Farm Senior Credit Agreement [Member] | ABE South Dakota [Member] | 30-Day LIBOR [Member]
Debt Instrument [Line Items]
Applicable margin on variable rate			3.50%
Revolving Term Loan [Member] | AgCountry Farm Senior Credit Agreement [Member] | First Supplement Credit Agreement [Member]
Debt Instrument [Line Items]
Face amount of debt instrument			$ 10,000,000
Term Loan [Member] | AgCountry Farm Senior Credit Agreement [Member] | ABE South Dakota [Member]
Debt Instrument [Line Items]
Debt instrument, date of first required payment			Apr. 1, 2016
Principal amount of term loan payable			$ 1,000,000
Debt instrument, term			5 years
Debt instrument, maturity date			Jan. 1, 2021
Balance amount				$ 11,000,000
Term Loan [Member] | AgCountry Farm Senior Credit Agreement [Member] | ABE South Dakota [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt instrument, applicable interest rate				1.93%
Interest rate description				Term Loan has a variable interest rate (“Variable Rate”) equal to the one-month LIBOR rate plus a “Margin” of 350 basis points.
Term Loan [Member] | AgCountry Farm Senior Credit Agreement [Member] | ABE South Dakota [Member] | One-Month LIBOR [Member]
Debt Instrument [Line Items]
Applicable margin on variable rate			3.50%
Interest rate description				The $10.0 million Revolving Term Facility also has a Variable Rate equal to the one-month LIBOR rate plus an initial Margin of 350 basis points.
Term Loan [Member] | AgCountry Farm Senior Credit Agreement [Member] | Second Supplement Agreement [Member]
Debt Instrument [Line Items]
Face amount of debt instrument			$ 20,000,000
2016 Term Loan [Member] | ABE South Dakota [Member]
Debt Instrument [Line Items]
Debt instrument, date of first required payment		Apr. 1, 2017
Principal amount of term loan payable		$ 212,500
Debt Instrument Outstanding balance				$ 40,000
Funds drawn from loan				$ 1,100,000
2016 Term Loan [Member] | ABE South Dakota [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Interest rate description				the loan has a variable interest rate equal to the one-month LIBOR rate plus a “Margin” of 350 basis points.
2016 Term Loan [Member] | ABE South Dakota [Member] | One-Month LIBOR [Member]
Debt Instrument [Line Items]
Applicable margin on variable rate		3.50%
2016 Term Loan [Member] | Third Supplemental Agreement [Member] | ABE South Dakota [Member]
Debt Instrument [Line Items]
Face amount of debt instrument		$ 1,700,000
2018 Term Loan [Member] | ABE South Dakota [Member]
Debt Instrument [Line Items]
Principal amount of term loan payable	$ 250,000
Debt instrument, term	5 years
Debt instrument, maturity date	Jul. 1, 2024
Funds drawn from loan	$ 0
Deferred financing costs				$ 47,000
2018 Term Loan [Member] | ABE South Dakota [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Interest rate description				The loan has a variable interest rate equal to the one-month LIBOR rate plus a “Margin” of 350 basis points.
2018 Term Loan [Member] | ABE South Dakota [Member] | One-Month LIBOR [Member]
Debt Instrument [Line Items]
Applicable margin on variable rate	3.50%
2018 Term Loan [Member] | Fourth Supplement Credit Agreement [Member] | ABE South Dakota [Member]
Debt Instrument [Line Items]
Face amount of debt instrument	$ 5,000,000

Major Customers - Additional In

Major Customers - Additional Information (Detail) - ABE South Dakota [Member]	9 Months Ended
	Jun. 30, 2018
Ethanol Marketing Agreements [Member]
Revenue, Major Customer [Line Items]
Agreement expiration date	Jun. 30, 2019
Co-product Marketing Agreement [Member]
Revenue, Major Customer [Line Items]
Agreement expiration date	Jul. 31, 2019
Agreement with Gavilon to Market Corn Oil Produced by Huron Plants [Member]
Revenue, Major Customer [Line Items]
Agreement expiration date	Sep. 30, 2018
Agreement with Gavilon to Market Corn Oil Produced by Aberdeen Plants [Member]
Revenue, Major Customer [Line Items]
Agreement expiration date	Nov. 30, 2018

Major Customers - Sales and Rec

Major Customers - Sales and Receivables (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Sep. 30, 2017
NGL Energy - Ethanol [Member]
Revenue, Major Customer [Line Items]
Revenues	$ 27,194	$ 27,745	$ 76,657	$ 87,325
Receivable balance at period end	2,547	2,659	2,547	2,659	$ 3,116
Gavilon - Corn Oil & Distillers Grains [Member]
Revenue, Major Customer [Line Items]
Revenues	4,982	3,307	12,426	9,958
Receivable balance at period end	1,104	253	1,104	253	326
Dakotaland Feeds - Distillers Grains [Member]
Revenue, Major Customer [Line Items]
Revenues	3,625	2,319	10,035	7,897
Receivable balance at period end	$ 509	$ 364	$ 509	$ 364	$ 575

Risk Management - Fixed Price F

Risk Management - Fixed Price Forward Contracts (Detail) - Forward Contracts [Member]	9 Months Ended
	Jun. 30, 2018USD ($)MMBTUTlbgal
Ethanol (Gallons) Sales Contracts [Member]
Derivative [Line Items]
Forward contracts, Quantity | gal	4,462,200
Forward contracts, Amount	$ 5,596,000
Forward contracts, Period Covered Through	Jul. 31, 2018
Distillers Grains (Tons) Sales Contracts [Member]
Derivative [Line Items]
Forward contracts, Quantity | T	16,287
Forward contracts, Amount	$ 1,273,000
Forward contracts, Period Covered Through	Aug. 31, 2018
Corn Oil (Pounds) Sales Contracts [Member]
Derivative [Line Items]
Forward contracts, Quantity | lb	900,000
Forward contracts, Amount	$ 196,000
Forward contracts, Period Covered Through	Jul. 31, 2018
Natural Gas (Mmbtus) Purchase Contracts [Member]
Derivative [Line Items]
Forward contracts, Amount	$ 784,000
Forward contracts, Period Covered Through	Mar. 31, 2019
Forward contracts, Quantity | MMBTU	265,000

Parent Financial Statements - A

Parent Financial Statements - Additional Information (Detail) - ABE South Dakota [Member] - USD ($)	9 Months Ended	12 Months Ended
	Jun. 30, 2018	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2015
Distributions from subsidiaries		$ 0	$ 0	$ 0
Minimum [Member]
Threshold owner's equity ratio	60.00%
Threshold working capital	$ 15,000,000
AgCountry Farm Senior Credit Agreement [Member] | Maximum [Member]
Threshold pre-tax net income distribution	40.00%
Permitted distribution when covenants are met	100.00%

Parent Financial Statements - B

Parent Financial Statements - Balance Sheets (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Sep. 30, 2017	Jun. 30, 2017
Current assets:
Cash and cash equivalents	$ 14,052	$ 18,804	$ 17,483
Restricted cash	1,000	1,000	$ 1,000
Prepaids	839	665
Total current assets	25,434	29,647
Property and equipment, net	29,915	31,226
Other assets:
Other assets	452	756
Total assets	55,801	61,629
Liabilities:
Accounts payable	3,990	3,531
Accrued expenses	2,304	2,221
Other liabilities	25	31
Total liabilities	27,073	30,149
Members' equity:
Members' capital, no par value, 25,410,851 units issued and outstanding	44,826	44,826
Accumulated deficit	(16,098)	(13,346)
Total members' equity	28,728	31,480
Total liabilities and members' equity	55,801	61,629
Parent Company [Member]
Current assets:
Cash and cash equivalents	310	725
Restricted cash	1,000	1,000
Prepaids	25
Total current assets	1,335	1,725
Property and equipment, net	32	54
Other assets:
Investment in ABE South Dakota	27,504	29,862
Other assets	32	32
Total assets	28,903	31,673
Liabilities:
Accounts payable	3
Accrued expenses	147	162
Other liabilities	25	31
Total liabilities	175	193
Members' equity:
Members' capital, no par value, 25,410,851 units issued and outstanding	44,826	44,826
Accumulated deficit	(16,098)	(13,346)
Total members' equity	28,728	31,480
Total liabilities and members' equity	$ 28,903	$ 31,673

Parent Financial Statements -35

Parent Financial Statements - Balance Sheets (Parenthetical) (Detail) - $ / shares	Jun. 30, 2018	Sep. 30, 2017
Members' capital, par value
Members' capital, units issued	25,410,851	25,410,851
Members' capital, units outstanding	25,410,851	25,410,851
Parent Company [Member]
Members' capital, par value
Members' capital, units issued	25,410,851	25,410,851
Members' capital, units outstanding	25,410,851	25,410,851

Parent Financial Statements - S

Parent Financial Statements - Statements of Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Selling, general and administrative expenses	$ (620)	$ (727)	$ (2,060)	$ (2,603)
Operating income (loss)	(440)	521	(2,359)	6,951
Interest income	1	2	4	10
Net income (loss)	(570)	357	(2,752)	6,482
Parent Company [Member]
Equity in earnings (losses) of consolidated subsidiary	(466)	522	(2,358)	6,994
Selling, general and administrative expenses	(105)	(167)	(428)	(521)
Operating income (loss)	(571)	355	(2,786)	6,473
Other income			30
Interest income	1	2	4	9
Net income (loss)	$ (570)	$ 357	$ (2,752)	$ 6,482

Parent Financial Statements -37

Parent Financial Statements - Statements of Cash Flows (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities:
Net income (loss)	$ (570)	$ 357	$ (2,752)	$ 6,482
Adjustments to reconcile net income (loss) to operating activities cash flows:
Depreciation			2,899	2,851
Amortization of deferred revenue and rent			(6)	(7)
Change in working capital components:
Prepaid expenses			(174)	(195)
Accounts payable			453	506
Accrued expenses			83	(207)
Net cash provided by operating activities			210	10,341
Cash flows from investing activities:
Net cash used in investing activities			(1,278)	(2,352)
Cash flows from financing activities:
Distribution to unit holders				(3,812)
Net cash used in financing activities			(3,684)	(5,922)
Net increase (decrease) in cash, cash equivalents and restricted cash			(4,752)	2,067
Beginning cash, cash equivalents and restricted cash			19,804	16,416
Ending cash, cash equivalents and restricted cash	15,052	18,483	15,052	18,483
Parent Company [Member]
Cash flows from operating activities:
Net income (loss)	(570)	357	(2,752)	6,482
Adjustments to reconcile net income (loss) to operating activities cash flows:
Depreciation			22	49
Equity in (earnings) losses of consolidated subsidiaries	466	(522)	2,358	(6,994)
Amortization of deferred revenue and rent			(6)	(6)
Change in working capital components:
Prepaid expenses			(25)	(25)
Accounts payable			3	(4)
Accrued expenses			(15)	(41)
Net cash provided by operating activities			(415)	(539)
Cash flows from financing activities:
Distribution to unit holders				(3,812)
Net cash used in financing activities				(3,812)
Net increase (decrease) in cash, cash equivalents and restricted cash			(415)	(4,351)
Beginning cash, cash equivalents and restricted cash			1,725	6,176
Ending cash, cash equivalents and restricted cash	$ 1,310	$ 1,825	$ 1,310	$ 1,825