Cardinal Ethanol (CRDE) 10-Q 8 May 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Mar. 31, 2018	May 08, 2018
Entity Information [Line Items]
Entity Registrant Name	Cardinal Ethanol LLC
Entity Central Index Key	1,352,081
Current Fiscal Year End Date	--09-30
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		14,606

Balance Sheets

Balance Sheets - USD ($)	Mar. 31, 2018	Sep. 30, 2017
Current Assets
Cash	$ 297,191	$ 18,995,755
Restricted cash	1,517,714	401,406
Trade accounts receivable	13,914,867	15,006,093
Miscellaneous receivables	193,909	384,508
Inventories	30,289,718	14,604,975
Prepaid and other current assets	401,267	253,791
Commodity derivative instruments	317,209	492,842
Total current assets	46,931,875	50,139,370
Property, Plant, and Equipment
Property, plant, and equipment, net	102,572,995	107,936,389
Other Assets
Investment	1,295,192	1,096,237
Total other assets	1,295,192	1,096,237
Total Assets	150,800,062	159,171,996
Current Liabilities
Checks written in excess of bank balances	2,920,987	0
Advances From Customers	891,427	0
Accounts payable	2,137,379	3,983,923
Accounts payable- grain	2,463,043	8,378,095
Accrued expenses	1,355,994	1,381,734
Commodity derivative instruments	383,158	513,829
Current maturities of long-term debt	4,404,752	3,749,826
Total current liabilities	14,556,740	18,007,407
Long-Term Debt, net of current maturities	15,570,715	14,581,758
Commitments and Contingencies
Members’ Equity
Members' contributions, net of cost of raising capital,14,606 units authorized, issued and outstanding	70,912,213	70,912,213
Retained earnings	49,760,394	55,670,618
Members' Equity	120,672,607	126,582,831
Total Liabilities and Members’ Equity	$ 150,800,062	$ 159,171,996

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - shares	Mar. 31, 2018	Sep. 30, 2017
Members' contributions, units issued and outstanding	14,606	14,606

Condensed Statements of Operati

Condensed Statements of Operations and Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
Revenues	$ 65,712,336	$ 59,473,502	$ 121,567,824	$ 117,528,266
Cost of Goods Sold	62,569,584	55,018,000	115,023,721	104,468,176
Gross Profit	3,142,752	4,455,502	6,544,103	13,060,090
Operating Expenses	1,687,267	1,434,866	3,326,016	2,621,623
Operating Income	1,455,485	3,020,636	3,218,087	10,438,467
Other Income (Expense)
Interest expense	(236,627)	(134,427)	(425,493)	(270,467)
Miscellaneous income	30,011	15,089	60,782	31,335
Total	(206,616)	(119,338)	(364,711)	(239,132)
Net Income	$ 1,248,869	$ 2,901,298	$ 2,853,376	$ 10,199,335
Weight Average Units Outstanding - basic and diluted	14,606	14,606	14,606	14,606
Net Income Per Unit - basic and diluted	$ 86	$ 199	$ 195	$ 698
Distributions Per Unit	$ 200	$ 200	$ 600	$ 800

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash Flows from Operating Activities
Net Income	$ 2,853,376	$ 10,199,335
Adjustments to reconcile net income to net cash provided by operations:
Depreciation	5,799,420	5,142,156
Change in fair value of commodity derivative instruments	(347,710)	2,034,778
Gain on sale of equipment	9,561	0
Non-cash dividend income	(198,955)	(157,986)
Change in operating assets and liabilities:
Trade accounts receivables	1,091,226	(297,745)
Miscellaneous receivable	190,599	(5,743)
Inventories	(15,684,743)	(8,021,612)
Prepaid and other current assets	(147,476)	(168,721)
Commodity derivative instruments	(302,748)	1,825,091
Advances from customers	891,427	0
Accounts payable	(1,846,544)	1,132,791
Accounts payable-grain	(5,915,052)	603,451
Accrued expenses	1,376,374	(733,262)
Net cash provided by (used in) operating activities	(11,554,947)	7,482,977
Cash Flows from Investing Activities
Capital expenditures	(1,749,054)	(1,155,175)
Payments for construction in progress	(89,525)	(3,744,854)
Proceeds from sale of equipment	10,000	0
Net cash used for investing activities	(1,828,579)	(4,900,029)
Cash Flows from Financing Activities
Checks written in excess of bank balances	2,920,987	0
Distributions paid	(8,763,600)	(11,684,799)
Proceeds from long-term debt	12,020,863	0
Payments on long-term debt	(10,376,980)	(1,428,519)
Net cash used for financing activities	(4,198,730)	(13,113,318)
Net Decrease in Cash and Restricted Cash	(17,582,256)	(10,530,370)
Cash and Restricted Cash - Beginning of Period	19,397,161	24,462,911
Cash and Restricted Cash	1,814,905	13,932,541
Reconciliation of Cash and Restricted Cash
Cash - Balance Sheet	297,191	13,101,228
Restricted Cash - Balance Sheet	1,517,714	831,313
Cash and Restricted Cash	1,814,905	13,932,541
Supplemental Cash Flow Information
Interest paid	402,246	178,361
Supplemental Disclosure of Non-cash Investing and Financing Activities
Construction in process included in accrued expenses and accounts payable	$ 59,168	$ 1,270,578

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Mar. 31, 2018
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying unaudited condensed financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted as permitted by such rules and regulations. These financial statements and related notes should be read in conjunction with the financial statements and notes thereto included in the Company's audited financial statements for the year ended September 30, 2017 , contained in the Company's annual report on Form 10-K. In the opinion of management, the interim condensed financial statements reflect all adjustments considered necessary for fair presentation. Nature of Business Cardinal Ethanol, LLC, (the “Company”) is an Indiana limited liability company currently producing fuel-grade ethanol, distillers grains, corn oil and carbon dioxide near Union City, Indiana and sells these products throughout the continental United States. During the quarters ended March 31, 2018 and 2017, the Company produced approximately 64,816,000 and 63,428,000 gallons of ethanol, respectively. The company began procuring, holding, transporting and selling agricultural grain commodities during the fourth fiscal quarter of 2017. Reportable Segments Accounting Standards Codification (“ASC”) 280, “Segment Reporting,” establishes the standards for reporting information about segments in financial statements. Operating segments are defined as components of an enterprise for which separate financial information is available that are evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. Based on the related business nature and expected financial results criteria set forth in ASC 280, the Company has two reportable operating segments for financial reporting purposes. • Ethanol Production Division. Based on the nature of the products and production process and the expected financial results, the Company’s operations at its ethanol plant, including the production and sale of ethanol and its co-products, are aggregated into one financial reporting segment. • Trading Division. During 2017, the Company constructed a grain loading facility within our single site to buy, hold and sell inventories of agricultural grains, primarily soybeans. We perform no additional processing of these grains, unlike the corn inventory we hold and use in ethanol production. The activities of buying, selling and holding of grains other than for ethanol and co-product production comprise this financial reporting segment. Accounting Estimates Management uses estimates and assumptions in preparing these financial statements in accordance with generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. The Company uses estimates and assumptions in accounting for the following significant matters, among others; the useful lives of fixed assets, the valuation of basis and delay price contracts on corn purchases, derivatives, inventory, patronage dividends, long-lived assets and inventory purchase commitments. Actual results may differ from previously estimated amounts, and such differences may be material to the financial statements. The Company periodically reviews estimates and assumptions, and the effects of revisions are reflected in the period in which the revision is made. Restricted Cash As a part of its commodities hedging activities, the Company is required to maintain cash balances with our commodities trading companies for initial and maintenance margins on a per futures contract basis. Changes in the market value of contracts may increase these requirements. As the futures contracts expire, the margin requirements also expire. Accordingly, we record the cash maintained with the traders in the margin accounts as restricted cash. Since this cash is immediately available to us upon request when there is a margin excess, we consider this restricted cash to be a current asset. Trade Accounts Receivable Credit terms are extended to customers in the normal course of business. The Company performs ongoing credit evaluations of its customers' financial condition and, generally, requires no collateral. Accounts receivable are recorded at their estimated net realizable value. Accounts are considered past due if payment is not made on a timely basis in accordance with the Company's credit terms. Amounts considered uncollectible are written off. The Company's estimate of the allowance for doubtful accounts is based on historical experience, its evaluation of the current status of receivables, and unusual circumstances, if any. At March 31, 2018 and September 30, 2017, the Company determined that an allowance for doubtful accounts was not necessary. Inventories Ethanol production division (see Reportable Segments) inventories consist of raw materials, work in process, finished goods and parts. Corn is the primary raw material. Finished goods consist of ethanol, dried distiller grains and corn oil. Inventories are stated at the lower of weighted average cost or net realizable value. Net realizable value is the estimated selling prices in the normal course of business, less reasonably predictable selling costs. Trading division (see Reportable Segments) inventories consist of grain. Soybeans were the only grains held and traded at March 31, 2018. These inventories are stated at market value , which may include reductions for quality. Property, Plant and Equipment Property, plant, and equipment are stated at cost. Depreciation is provided over estimated useful lives by use of the straight line depreciation method. Maintenance and repairs are expensed as incurred; major improvements and betterments are capitalized. Construction in progress expenditures will be depreciated using the straight-line method over their estimated useful lives once the assets are placed into service. Long-Lived Assets The Company reviews its long-lived assets, such as property, plant and equipment and financing costs, subject to depreciation and amortization, for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If circumstances require a long-lived asset be tested for possible impairment, the Company first compares undiscounted cash flows expected to be generated by an asset to the carrying value of the asset. If the carrying value of the long-lived asset is not recoverable on an undiscounted cash flow basis, impairment is recognized to the extent that the carrying value exceeds its fair value. Fair value is determined through various valuation techniques including discounted cash flow models, quoted market values and third-party independent appraisals, as considered necessary. Investments Investments consist of the capital stock and patron equities of the Company's distillers grains marketer. The investments are stated at the lower of cost or fair value and adjusted for non cash patronage equities received. Patronage dividends are recognized when received and included within revenue in the condensed statements of operations. Revenue Recognition The Ethanol Division generally sells ethanol and related products pursuant to marketing agreements. Revenues from the production of ethanol and the related products are recorded when the customer has taken title and assumed the risks and rewards of ownership, prices are fixed or determinable and collectability is reasonably assured. The Company believes that there are no ethanol sales, during any given month, which should be considered contingent and recorded as deferred revenue. The Company's products are sold Free on Board (FOB) shipping point. In accordance with the Company's agreements for the marketing and sale of ethanol and related products, marketing fees, commissions and freight due to the marketers are deducted from the gross sales price at the time incurred. Revenue is recorded net of these commissions and freight as they do not provide an identifiable benefit that is sufficiently separable from the sale of ethanol and related products. The Trading Division buys, holds and sells inventories of agricultural grains, primarily soybeans, under contracts with other grain dealers or processors. Revenue is recognized when transportation and delivery has occurred under the terms of the sales agreement, the final price for the contract is fixed or determinable and collectability is reasonably assured. Derivative Instruments From time to time the Company enters into derivative transactions to hedge its exposures to commodity price fluctuations. The Company is required to record these derivatives in the balance sheet at fair value. In order for a derivative to qualify as a hedge, specific criteria must be met and appropriate documentation maintained. Gains and losses from derivatives that do not qualify as hedges, or are undesignated, must be recognized immediately in earnings. If the derivative does qualify as a hedge, depending on the nature of the hedge, changes in the fair value of the derivative will be either offset against the change in fair value of the hedged assets, liabilities, or firm commitments through earnings or recognized in other comprehensive income until the hedged item is recognized in earnings. Changes in the fair value of undesignated derivatives are recorded in the statement of operations, depending on the item being hedged. Additionally, the Company is required to evaluate its contracts to determine whether the contracts are derivatives. Certain contracts that literally meet the definition of a derivative may be exempted as “normal purchases or normal sales”. Normal purchases and normal sales are contracts that provide for the purchase or sale of something other than a financial instrument or derivative instrument that will be delivered in quantities expected to be used or sold over a reasonable period in the normal course of business. Contracts that meet the requirements of normal purchases or sales are documented as normal and exempted from accounting and reporting requirements, and therefore, are not marked to market in our financial statements. The Company has elected for its Ethanol Division to apply the normal purchase normal sale exemption to all forward commodity contracts. For the Trading Division, the Company has elected not to apply the normal purchase normal sale exemption to its forward purchase and sales contracts and therefore marks these derivative instruments to market. Net Income per Unit Basic net income per unit is computed by dividing net income by the weighted average number of members' units outstanding during the period. Diluted net income per unit is computed by dividing net income by the weighted average number of members' units and members' unit equivalents outstanding during the period. There were no member unit equivalents outstanding during the periods presented; accordingly, the Company's basic and diluted net income per unit are the same. Recently Issued or Adopted Accounting Pronouncements Accounting for Leases (Evaluating) In February 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842), which provides guidance for accounting for leases. The new guidance requires companies to recognize the assets and liabilities for the rights and obligations created by leased assets,initially measured at the present value of the lease payments. The accounting guidance for lessors is largely unchanged. The ASU is effective for the Company beginning in October 2019. It is to be adopted using a modified retrospective approach. The Company is currently evaluating the impact that the adoption of this guidance will have on the Company’s financial statements and anticipates the new guidance will significantly impact its financial statements given the Company has leased a significant number of rail cars for transporting Dried Distillers' Grains with Solubles (DDGS) to its ultimate customers. Revenue Recognition (Evaluated) In May 2014, and amended in August 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09 which amended the Revenue from Contracts with Customers (Topic 606) of the Accounting Standards Codification. The core principle of the new guidance is that an entity should recognize revenue to reflect the transfer of goods and services to customers in an amount equal to the consideration the entity receives or expects to receive. The guidance will be effective for the Company beginning in October 2018. We have evaluated the impact of the standard on the financial statements and believe there will be no material effect except for additional disclosure.

Concentrations

Concentrations	6 Months Ended
	Mar. 31, 2018
Concentrations [Abstract]
Concentrations	CONCENTRATIONS Two major customers accounted for approximately 93% of the outstanding accounts receivable balance at March 31, 2018 and 95% at September 30, 2017 . These same two customers accounted for approximately 81% of revenue for the three and six month periods ended March 31, 2018 and 96% of revenue for the three and six month period ended March 31, 2017 .

Inventories

Inventories	6 Months Ended
	Mar. 31, 2018
Inventory Disclosure [Abstract]
Inventories	INVENTORIES Inventories consist of the following as of: March 31, 2018 (Unaudited) September 30, 2017 Ethanol Division: Raw materials $ 8,886,223 $ 5,754,084 Work in progress 1,216,272 1,354,346 Finished goods 4,315,757 2,722,869 Spare parts 2,980,988 2,633,371 Ethanol Division Subtotal $ 17,399,240 $ 12,464,670 Trading Division: Grain inventory $ 12,890,478 $ 2,140,305 Trading Division Subtotal $ 12,890,478 $ 2,140,305 Total Inventories $ 30,289,718 $ 14,604,975 In the ordinary course of business, the Company enters into forward purchase contracts for its commodity purchases and sales. Certain contracts that literally meet the definition of a derivative may be exempted from derivative accounting as normal purchases or normal sales. At March 31, 2018 , the Company had forward corn purchase contracts at various fixed prices for various delivery periods through December 2019 for approximately 6.2% of expected production needs for the next 16 months. Approximately 5.3% of the forward corn purchases were with related parties. Given the uncertainty of future ethanol and corn prices, the Company could incur a loss on the outstanding corn purchase contracts in future periods. Management has evaluated these forward contracts using a methodology similar to that used in the lower of cost or net realizable value evaluation with respect to inventory valuation, and has determined that no impairment existed at March 31, 2018 or September 30, 2017 . The Company has elected not to apply the normal purchase and sale exemption to its forward soybean contracts and therefore treats them as derivative instruments. At March 31, 2018 , the Ethanol Division had forward dried distiller grains sales contracts for approximately 6.1% of expected production for the next 3 month at various fixed prices for delivery periods through June 2018 . At March 31, 2018 , the Company had forward corn oil contracts at various prices for delivery through April 2018 , which approximates just part of that month's production. Also, at March 31, 2018 , the Company had forward natural gas contracts for approximately 38.2% of expected purchases for the next 19 months at various prices for various delivery periods through October 2019 . Additionally, at March 31, 2018 , the Trading Division had forward soybean purchase contracts for various delivery periods through July 2018 (See Note 4). Approximately 11.9% of the forward soybean purchases were with related parties.

Derivative Instruments

Derivative Instruments	6 Months Ended
	Mar. 31, 2018
Derivative Instruments [Abstract]
Derivative Instruments	DERIVATIVE INSTRUMENTS The Company enters into corn, ethanol, natural gas and soybean derivative instruments, which are required to be recorded as either assets or liabilities at fair value in the balance sheet. Derivatives qualify for treatment as hedges when there is a high correlation between the change in fair value of the derivative instrument and the related change in value of the underlying hedged item. The Company must designate the hedging instruments based upon the exposure being hedged as a fair value hedge, a cash flow hedge or a hedge against foreign currency exposure. The Company formally documents, designates, and assesses the effectiveness of transactions that receive hedge accounting initially and on an on-going basis. Commodity Contracts The Company enters into commodity-based derivatives, for corn, ethanol, natural gas and soybeans in order to protect cash flows from fluctuations caused by volatility in commodity prices. This is also done to protect gross profit margins from potentially adverse effects of market and price volatility on commodity based purchase commitments where the prices are set at a future date. These derivatives are not designated as effective hedges for accounting purposes. For derivative instruments that are not accounted for as hedges, or for the ineffective portions of qualifying hedges, the change in fair value is recorded through earnings in the period of change. The changes in the fair market value of ethanol derivative instruments are included as a component of revenue. The changes in the fair market value of corn, natural gas, and soybean derivative instruments are included as a component of cost of goods sold. At March 31, 2018 , the Ethanol Division had a net short (selling) position of 2,860,000 bushels of corn under derivative contracts used to hedge its forward corn contracts, corn inventory and ethanol sales. These corn derivatives are traded on the Chicago Board of Trade as of March 31, 2018 and are forecasted to settle for various delivery periods through December 2019 . At March 31, 2018 , the Company had a net long (buying) position of 420,000 gallons of ethanol under derivative contracts used to hedge its future ethanol sales. These ethanol derivatives are traded on the New York Mercantile Exchange and are forecasted to settle for various delivery periods through May 2018 . At March 31, 2018 , the Trading Division also had a net short (selling) position of 2,565,000 bushels of soybeans under derivative contracts used to hedge its forward soybean contract purchases. These soybean derivatives are traded on the Chicago Board of Trade and are, as of March 31, 2018 , forecasted to settle for various delivery periods through July 2019 . These derivatives have not been designated as effective hedges for accounting purposes. The following table provides balance sheet details regarding the Company's derivative financial instruments at March 31, 2018 : Instrument Balance Sheet Location Assets Liabilities Ethanol futures and options contracts Commodity Derivative Instruments - Current $ 23,100 $ — Corn futures and options contracts Commodity Derivative Instruments - Current $ — $ 308,584 Soybean futures and options contracts Commodity Derivative Instruments - Current $ 58,552 $ — Soybean forward purchase contracts Commodity Derivative Instruments - Current $ 235,557 $ 74,574 Totals Commodity Derivative Instruments - Current $ 317,209 $ 383,158 As of March 31, 2018 , the Company had approximately $1,518,000 cash collateral (restricted cash) related to ethanol, corn, natural gas and soybean derivatives held by three brokers. The following table provides balance sheet details regarding the Company's futures and options derivative financial instruments at September 30, 2017 : Instrument Balance Sheet Location Assets Liabilities Ethanol futures and options contracts Commodity Derivative Instruments - Current $ — $ 89,019 Corn futures and options contracts Commodity Derivative Instruments - Current $ 489,531 $ — Soybean futures and options contracts Commodity Derivative Instruments - Current $ — $ 175,338 Soybean forward purchase contracts Commodity Derivative Instruments - Current $ 3,311 $ 249,475 Totals Commodity Derivative Instruments - Current $ 492,842 $ 513,832 As of September 30, 2017 , the Company had approximately $401,000 of cash collateral (restricted cash) related to ethanol and corn derivatives held by three brokers. The following table provides details regarding the gains and (losses) from the Company's derivative instruments in the statements of operations, none of which are designated as hedging instruments for the three months and six months ended March 31, 2017 and March 31, 2018 : Instrument Statement of Operations Location Three Months 3/31/2017 Six Months 3/31/2017 Three Months 3/31/2018 Six Months 3/31/2018 Corn Futures and Options Contracts Cost of Goods Sold $ 162,724 $ 556,596 $ (437,723 ) $ (181,388 ) Ethanol Futures and Options Revenues 1,384,770 1,346,560 (252,292 ) (325,076 ) Natural Gas Futures and Options Contracts Cost of Goods Sold 62,845 133,830 36,584 157,013 Soybean Futures and Options Contracts Cost of Good Sold (2,208 ) (2,208 ) (753,160 ) (929,987 ) Soybean Forward Purchase Contracts Cost of Goods Sold — — 804,575 931,728 Totals $ 1,608,131 $ 2,034,778 $ (602,016 ) $ (347,710 )

Fair Value Instruments

Fair Value Instruments	6 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	FAIR VALUE MEASUREMENTS The following table provides information on those assets and liabilities measured at fair value on a recurring basis as of March 31, 2018 : Instruments Carrying Amount Fair Value Level 1 Level 2 Level 3 Corn Futures and Options Contracts $ (308,584 ) $ (308,584 ) $ (308,584 ) $ — $ — Ethanol Futures and Options Contracts $ 23,100 $ 23,100 $ 23,100 $ — $ — Soybean Futures and Options Contracts $ 58,552 $ 58,552 $ 58,552 $ — $ — Soybean Forward Purchase Asset $ 235,557 $ 235,557 $ — $ 235,557 $ — Soybean Forward Purchase Liability $ (74,574 ) $ (74,574 ) $ — $ (74,574 ) $ — Soybean Inventory $ 12,890,478 $ 12,890,478 $ — $ 12,890,478 $ — The following table provides information on those assets and liabilities measured at fair value on a recurring basis as of September 30, 2017 : Instruments Carrying Amount Fair Value Level 1 Level 2 Level 3 Corn Futures and Options Contracts $ 489,351 $ 489,351 $ 489,351 $ — $ — Ethanol Futures and Options Contracts $ (89,019 ) $ (89,019 ) $ (89,019 ) $ — $ — Soybean Futures and Options Contracts $ (175,338 ) $ (175,338 ) $ (175,338 ) $ — $ — Soybean Forward Purchase $ (246,162 ) $ (246,162 ) $ — $ (246,162 ) $ — Soybean Inventory $ 2,140,305 $ 2,140,305 $ — $ 2,140,305 $ — We determine the fair value of commodity futures derivative instruments utilizing Level 1 inputs by obtaining fair value measurements from an independent pricing service. The fair value measurements consider observable data that may include dealer quotes and live trading levels from the Chicago Board of Trade market and New York Mercantile Exchange. Soybean forward purchase contracts are reported at fair value utilizing Level 2 inputs from current contract prices that are being issued by the Company. Estimated fair values for inventories carried at market are based on exchange-quoted prices, adjusted for differences in local markets and quality.

Bank Financing

Bank Financing	6 Months Ended
	Mar. 31, 2018
Bank Financing [Abstract]
Bank Financing	BANK FINANCING The Company has a loan agreement consisting of four loans, the Term Loan, Declining Revolving Loan (Declining Loan), the Revolving Credit Loan and the Grain Loadout Facility Loan (formerly the Construction Loan) in exchange for liens on all property (real and personal, tangible and intangible) which include, among other things, a mortgage on the property, a security interest on commodity trading accounts and assignment of material contracts. The loan agreement assigns an interest rate of LIBOR plus 290 basis points (2.9%) to each of the individual loans. The Revolving Credit Loan is assigned the one month LIBOR rate which changes on the first day of every month. The Term Loan, the Revolving Loan and the Grain Loadout Facility Loan each have interest charged based on the ninety day (three month) LIBOR rate. The interest rate is assigned at the beginning of the ninety day period and not all of the loans have the same interest rate beginning and ending dates. The loan agreement provides for a minimum fixed charge coverage ratio of no less than 1.15:1.0 measured quarterly on a rolling four quarter average basis if our working capital is less than $25,000,000 for any reporting period and a debt service charge coverage ratio of no less than 1.25:1.0 measured quarterly on a rolling four quarter average basis, in lieu of the fixed charge coverage ratio, if working capital is equal to or more that $25,000,000 . There is also a minimum $15,000,000 working capital requirement and the capital expenditures covenant limits those expenditures to $5,000,000 . On February 28, 2018, the Company executed a Thirteenth Amendment of First Amended and Restated Construction Loan Agreement (the "Thirteenth Amendment") extending the termination date of the Revolving Credit Loan from February 28, 2018 to February 28, 2019 and modifying the definition of "Borrowing Base" to include soybean inventory. Term Loan The interest rate on the Term Loan is based on the 3-month LIBOR plus two hundred ninety basis points. The interest rate on the Term Loan at March 31, 2018 was 4.60% and at September 30, 2017 was 4.20% . There were borrowings in the amount of approximately $10,272,000 outstanding on the Term Loan at March 31, 2018 and approximately $11,856,000 outstanding at September 30, 2017 . The Term Loan requires monthly installment payments of principal and interest of approximately $282,700 , with a final maturity date of February 28, 2021. Declining Note The maximum availability of the Declining Loan is $5,000,000 with such amount to be available for working capital purposes. The interest rate on the Declining Loan is 3-month LIBOR plus two hundred ninety basis points. The interest rate on the Declining Loan at March 31, 2018 was 4.60% and at September 30, 2017 was 4.20% . There were no borrowings outstanding on the Declining Loan at March 31, 2018 or at September 30, 2017 . Revolving Credit Loan The Revolving Credit Loan has a limit of $15,000,000 supported by a borrowing base made up of the Company's corn, ethanol, dried distillers grain corn oil and soybean inventories reduced by accounts payable associated with those inventories having a priority. It is also supported by the eligible accounts receivable and commodity trading account excess margin funds. The interest rate on the Revolving Credit Loan is based on the 1-month LIBOR plus two hundred ninety basis points. The interest rate at March 31, 2018 was 4.57% and at September 30, 2017 was 4.14% . There were no borrowings outstanding on the Revolving Credit Loan at March 31, 2018 or at September 30, 2017. Grain Loadout Facility Loan The Grain Loadout Facility Loan (formerly Construction Loan) had a limit of $10,000,000 . The interest rate on the Grain Loadout Facility Loan is based on the 3-month LIBOR plus two hundred ninety basis points and at March 31, 2018 was 4.91% and at September 30, 2017 was 4.22% . There were borrowings in the amount of approximately $9,703,000 and $6,476,000 outstanding on the Grain Loadout Facility Loan at March 31, 2018 and September 30, 2017 , respectively. The principal balance on the Construction Loan of $10,000,000 was converted to term debt effective December 31, 2017. The Grain Loadout Facility Loan requires monthly installment payments of principal of approximately $119,000 plus interest accrued in arrears from the date of the last payment, such payments to commence on February 1, 2018, with a final maturity date of February 28, 2023. Long-term debt, as discussed above, consists of the following at March 31, 2018 : Term note $ 10,272,265 Grain Loadout facility loan 9,703,202 Less amounts due within one year (4,404,752 ) Net long-term debt $ 15,570,715 The estimated maturities of long-term debt at March 31, 2018 are as follows: April 1, 2018 to March 31, 2019 $ 4,404,752 April 1, 2019 to March 31, 2020 4,545,995 April 1, 2020 to March 31, 2021 5,607,232 April 1, 2021 to March 31, 2022 1,428,571 April 1, 2022 to March 31, 2023 3,988,917 Total long-term debt $ 19,975,467

Leases

Leases	6 Months Ended
	Mar. 31, 2018
Leases [Abstract]
Leases	LEASES At March 31, 2018 , the Company had the following operating lease minimum commitments for payments of rentals under leases which at inception had a non-cancellable term of more than one year: Total April 1, 2018 to March 31, 2019 $ 1,085,788 April 1, 2019 to March 31, 2020 918,000 April 1, 2020 to March 31, 2021 918,000 April 1, 2021 to March 31, 2022 612,000 Total minimum lease commitments $ 3,533,788

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Mar. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Legal Proceedings Patent Infringement In February 2010, a lawsuit against the Company was filed by an unrelated party claiming the Company's operation of the oil separation system in a patent infringement. In connection with the lawsuit, in February 2010, the agreement for the construction and installation of the tricanter oil separation system was amended. In this amendment the manufacturer and installer of the tricanter oil separation system indemnifies the Company against all claims of infringement of patents, copyrights or other intellectual property rights from the Company's purchase and use of the tricanter oil system and agrees to defend the Company in the lawsuit filed at no expense to the Company. On October 23, 2014, the court granted summary judgment finding that all of the patents claimed were invalid and that the Company had not infringed. In addition, on September 15, 2016, the United States District Court granted summary judgment finding that the patents were invalid due to inequitable conduct before the US Patent and Trademark Office by the inventors and their attorneys. The Company has since settled with the attorneys for the inventors. A motion to reconsider the decision regarding inequitable conduct is pending. In addition, an appeal regarding the current ruling on inequitable conduct has been filed. The manufacturer has, and the Company expects it will continue, to vigorously defend itself and the Company in these lawsuits and in any appeal filed. If the ruling was to be successfully appealed, the Company estimates that damages sought in this litigation if awarded would be based on a reasonable royalty to, or lost profits of, the plaintiff. If the court deems the case exceptional, attorney's fees may be awarded and are likely to be $1,000,000 or more. The manufacturer has also agreed to indemnify the Company for these fees. However, in the event that damages are awarded, if the manufacturer is unable to fully indemnify the Company for any reason, the Company could be liable. In addition, the Company may need to cease use of its current oil separation process and seek out a replacement or cease oil production altogether. Air Permit On January 4, 2018, the Company received a letter from the Indiana Department of Environmental Management, Office of Air Quality (“IDEM”) alleging violations of the Company's air permit. While the Company believes it has certain defenses to these allegations, it is currently unable to determine with any certainty the outcome of this matter including the extent of any potential monetary sanctions that may result.

Uncertainties Impacting the Eth

Uncertainties Impacting the Ethanol Industry and Our Future Operations	6 Months Ended
	Mar. 31, 2018
Uncertainties Impacting the Ethanol Industry and Our Future Operations [Abstract]
Uncertainties Impacting the Ethanol Industry and Our Future Operations	UNCERTAINTIES IMPACTING THE ETHANOL INDUSTRY AND OUR FUTURE OPERATIONS The Company has certain risks and uncertainties that it experiences during volatile market conditions, which can have a severe impact on operations. The Company's revenues are derived from the sale and distribution of ethanol, distillers grains and corn oil to customers primarily located in the U.S. Corn for the production process is supplied to the plant primarily from local agricultural producers and from purchases on the open market. Ethanol sales average approximately 65% of total revenues and corn costs average 66% of total cost of goods sold. The Company's operating and financial performance is largely driven by prices at which the Company sells ethanol, distillers grains and corn oil, and the related cost of corn. The price of ethanol is influenced by factors such as supply and demand, weather, government policies and programs, and the unleaded gasoline and the petroleum markets, although, since 2005, the prices of ethanol and gasoline began a divergence with ethanol selling for less than gasoline at the wholesale level. Excess ethanol supply in the market, in particular, puts downward pressure on the price of ethanol. The Company's largest cost of production is corn. The cost of corn is generally impacted by factors such as supply and demand, weather, government policies and programs. The Company's risk management program is used to protect against the price volatility of these commodities.

Segment Reporting Segment Repor

Segment Reporting Segment Reporting (Notes)	6 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	BUSINESS SEGMENTS Based on the growth of the Company's Trading Division during the first quarter of fiscal 2018 and operations in the second quarter of fiscal 2018, the Company has determined it now has two reportable operating segments. Segment reporting is intended to give financial statement users a better view of how the Company manages and evaluates its businesses. The accounting policies for each segment are the same as those described in the summary of significant accounting policies. Segment income or loss does not include any allocation of shared-service costs. Segment assets are those that are directly used in or identified with segment operations. Inter-segment balances and transactions have been eliminated. The following tables summarize financial information by segment and provide a reconciliation of segment revenue, gross profit, grain inventories, operating income, and total assets: Three Months Ended Six Months Ended March 31, 2018 March 31, 2017 March 31, 2018 March 31, 2017 Revenue: (unaudited) (unaudited) (unaudited) (unaudited) Ethanol production $ 55,705,899 $ 59,473,502 $ 106,424,886 $ 117,528,266 Grain trading $ 10,006,437 $ — $ 15,142,938 $ — Total Revenue $ 65,712,336 $ 59,473,502 $ 121,567,824 $ 117,528,266 Three Months Ended Six Months Ended March 31, 2018 March 31, 2017 March 31, 2018 March 31, 2017 Gross Profit (Loss): (unaudited) (unaudited) (unaudited) (unaudited) Ethanol production $ 3,167,673 $ 4,455,502 $ 6,219,334 $ 13,060,090 Grain trading $ (24,921 ) $ — $ 324,769 $ — Total Gross Profit $ 3,142,752 $ 4,455,502 $ 6,544,103 $ 13,060,090 Three Months Ended Six Months Ended March 31, 2018 March 31, 2017 March 31, 2018 March 31, 2017 Operating Income (Loss): (unaudited) (unaudited) (unaudited) (unaudited) Ethanol production $ 1,676,267 $ 3,020,636 $ 3,273,745 $ 10,438,467 Grain trading $ (220,782 ) $ — $ (55,658 ) $ — Total Operating Income $ 1,455,485 $ 3,020,636 $ 3,218,087 $ 10,438,467 March 31, 2018 September 30, 2017 Grain Inventories: (unaudited) Ethanol production $ 8,886,223 $ 5,754,084 Grain trading $ 12,890,478 $ 2,140,305 Total Grain Inventories $ 21,776,701 $ 7,894,389 March 31, 2018 September 30, 2017 Total Assets: (unaudited) Ethanol production $ 129,721,466 $ 156,548,789 Grain trading $ 21,078,596 $ 2,623,207 Total Assets $ 150,800,062 $ 159,171,996

Accounting Policies

Accounting Policies	6 Months Ended
	Mar. 31, 2018
Summary of Significant Accounting Policies [Abstract]
Segment Reporting, Policy	Reportable Segments Accounting Standards Codification (“ASC”) 280, “Segment Reporting,” establishes the standards for reporting information about segments in financial statements. Operating segments are defined as components of an enterprise for which separate financial information is available that are evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. Based on the related business nature and expected financial results criteria set forth in ASC 280, the Company has two reportable operating segments for financial reporting purposes. • Ethanol Production Division. Based on the nature of the products and production process and the expected financial results, the Company’s operations at its ethanol plant, including the production and sale of ethanol and its co-products, are aggregated into one financial reporting segment. • Trading Division. During 2017, the Company constructed a grain loading facility within our single site to buy, hold and sell inventories of agricultural grains, primarily soybeans. We perform no additional processing of these grains, unlike the corn inventory we hold and use in ethanol production. The activities of buying, selling and holding of grains other than for ethanol and co-product production comprise this financial reporting segment.
Accounting Estimates	Accounting Estimates Management uses estimates and assumptions in preparing these financial statements in accordance with generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. The Company uses estimates and assumptions in accounting for the following significant matters, among others; the useful lives of fixed assets, the valuation of basis and delay price contracts on corn purchases, derivatives, inventory, patronage dividends, long-lived assets and inventory purchase commitments. Actual results may differ from previously estimated amounts, and such differences may be material to the financial statements. The Company periodically reviews estimates and assumptions, and the effects of revisions are reflected in the period in which the revision is made.
Restricted Cash	Restricted Cash As a part of its commodities hedging activities, the Company is required to maintain cash balances with our commodities trading companies for initial and maintenance margins on a per futures contract basis. Changes in the market value of contracts may increase these requirements. As the futures contracts expire, the margin requirements also expire. Accordingly, we record the cash maintained with the traders in the margin accounts as restricted cash. Since this cash is immediately available to us upon request when there is a margin excess, we consider this restricted cash to be a current asset.
Trade Accounts Receivable	Trade Accounts Receivable Credit terms are extended to customers in the normal course of business. The Company performs ongoing credit evaluations of its customers' financial condition and, generally, requires no collateral. Accounts receivable are recorded at their estimated net realizable value. Accounts are considered past due if payment is not made on a timely basis in accordance with the Company's credit terms. Amounts considered uncollectible are written off. The Company's estimate of the allowance for doubtful accounts is based on historical experience, its evaluation of the current status of receivables, and unusual circumstances, if any. At March 31, 2018 and September 30, 2017, the Company determined that an allowance for doubtful accounts was not necessary.
Inventories	Inventories Ethanol production division (see Reportable Segments) inventories consist of raw materials, work in process, finished goods and parts. Corn is the primary raw material. Finished goods consist of ethanol, dried distiller grains and corn oil. Inventories are stated at the lower of weighted average cost or net realizable value. Net realizable value is the estimated selling prices in the normal course of business, less reasonably predictable selling costs. Trading division (see Reportable Segments) inventories consist of grain. Soybeans were the only grains held and traded at March 31, 2018. These inventories are stated at market value , which may include reductions for quality.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant, and equipment are stated at cost. Depreciation is provided over estimated useful lives by use of the straight line depreciation method. Maintenance and repairs are expensed as incurred; major improvements and betterments are capitalized. Construction in progress expenditures will be depreciated using the straight-line method over their estimated useful lives once the assets are placed into service.
Long-Lived Assets	Long-Lived Assets The Company reviews its long-lived assets, such as property, plant and equipment and financing costs, subject to depreciation and amortization, for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If circumstances require a long-lived asset be tested for possible impairment, the Company first compares undiscounted cash flows expected to be generated by an asset to the carrying value of the asset. If the carrying value of the long-lived asset is not recoverable on an undiscounted cash flow basis, impairment is recognized to the extent that the carrying value exceeds its fair value. Fair value is determined through various valuation techniques including discounted cash flow models, quoted market values and third-party independent appraisals, as considered necessary.
Investments	Investments Investments consist of the capital stock and patron equities of the Company's distillers grains marketer. The investments are stated at the lower of cost or fair value and adjusted for non cash patronage equities received. Patronage dividends are recognized when received and included within revenue in the condensed statements of operations.
Revenue Recognition	Revenue Recognition The Ethanol Division generally sells ethanol and related products pursuant to marketing agreements. Revenues from the production of ethanol and the related products are recorded when the customer has taken title and assumed the risks and rewards of ownership, prices are fixed or determinable and collectability is reasonably assured. The Company believes that there are no ethanol sales, during any given month, which should be considered contingent and recorded as deferred revenue. The Company's products are sold Free on Board (FOB) shipping point. In accordance with the Company's agreements for the marketing and sale of ethanol and related products, marketing fees, commissions and freight due to the marketers are deducted from the gross sales price at the time incurred. Revenue is recorded net of these commissions and freight as they do not provide an identifiable benefit that is sufficiently separable from the sale of ethanol and related products. The Trading Division buys, holds and sells inventories of agricultural grains, primarily soybeans, under contracts with other grain dealers or processors. Revenue is recognized when transportation and delivery has occurred under the terms of the sales agreement, the final price for the contract is fixed or determinable and collectability is reasonably assured.
Derivatives, Policy [Policy Text Block]	Derivative Instruments From time to time the Company enters into derivative transactions to hedge its exposures to commodity price fluctuations. The Company is required to record these derivatives in the balance sheet at fair value. In order for a derivative to qualify as a hedge, specific criteria must be met and appropriate documentation maintained. Gains and losses from derivatives that do not qualify as hedges, or are undesignated, must be recognized immediately in earnings. If the derivative does qualify as a hedge, depending on the nature of the hedge, changes in the fair value of the derivative will be either offset against the change in fair value of the hedged assets, liabilities, or firm commitments through earnings or recognized in other comprehensive income until the hedged item is recognized in earnings. Changes in the fair value of undesignated derivatives are recorded in the statement of operations, depending on the item being hedged. Additionally, the Company is required to evaluate its contracts to determine whether the contracts are derivatives. Certain contracts that literally meet the definition of a derivative may be exempted as “normal purchases or normal sales”. Normal purchases and normal sales are contracts that provide for the purchase or sale of something other than a financial instrument or derivative instrument that will be delivered in quantities expected to be used or sold over a reasonable period in the normal course of business. Contracts that meet the requirements of normal purchases or sales are documented as normal and exempted from accounting and reporting requirements, and therefore, are not marked to market in our financial statements. The Company has elected for its Ethanol Division to apply the normal purchase normal sale exemption to all forward commodity contracts. For the Trading Division, the Company has elected not to apply the normal purchase normal sale exemption to its forward purchase and sales contracts and therefore marks these derivative instruments to market.
Net Income per Unit	Net Income per Unit Basic net income per unit is computed by dividing net income by the weighted average number of members' units outstanding during the period. Diluted net income per unit is computed by dividing net income by the weighted average number of members' units and members' unit equivalents outstanding during the period. There were no member unit equivalents outstanding during the periods presented; accordingly, the Company's basic and diluted net income per unit are the same.
Description of New Accounting Pronouncements Not yet Adopted	Recently Issued or Adopted Accounting Pronouncements Accounting for Leases (Evaluating) In February 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842), which provides guidance for accounting for leases. The new guidance requires companies to recognize the assets and liabilities for the rights and obligations created by leased assets,initially measured at the present value of the lease payments. The accounting guidance for lessors is largely unchanged. The ASU is effective for the Company beginning in October 2019. It is to be adopted using a modified retrospective approach. The Company is currently evaluating the impact that the adoption of this guidance will have on the Company’s financial statements and anticipates the new guidance will significantly impact its financial statements given the Company has leased a significant number of rail cars for transporting Dried Distillers' Grains with Solubles (DDGS) to its ultimate customers. Revenue Recognition (Evaluated) In May 2014, and amended in August 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09 which amended the Revenue from Contracts with Customers (Topic 606) of the Accounting Standards Codification. The core principle of the new guidance is that an entity should recognize revenue to reflect the transfer of goods and services to customers in an amount equal to the consideration the entity receives or expects to receive. The guidance will be effective for the Company beginning in October 2018. We have evaluated the impact of the standard on the financial statements and believe there will be no material effect except for additional disclosure.

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Mar. 31, 2018
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventories consist of the following as of: March 31, 2018 (Unaudited) September 30, 2017 Ethanol Division: Raw materials $ 8,886,223 $ 5,754,084 Work in progress 1,216,272 1,354,346 Finished goods 4,315,757 2,722,869 Spare parts 2,980,988 2,633,371 Ethanol Division Subtotal $ 17,399,240 $ 12,464,670 Trading Division: Grain inventory $ 12,890,478 $ 2,140,305 Trading Division Subtotal $ 12,890,478 $ 2,140,305 Total Inventories $ 30,289,718 $ 14,604,975

Derivative Instruments (Tables)

Derivative Instruments (Tables)	6 Months Ended
	Mar. 31, 2018
Derivative [Line Items]
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position	The following table provides balance sheet details regarding the Company's derivative financial instruments at March 31, 2018 : Instrument Balance Sheet Location Assets Liabilities Ethanol futures and options contracts Commodity Derivative Instruments - Current $ 23,100 $ — Corn futures and options contracts Commodity Derivative Instruments - Current $ — $ 308,584 Soybean futures and options contracts Commodity Derivative Instruments - Current $ 58,552 $ — Soybean forward purchase contracts Commodity Derivative Instruments - Current $ 235,557 $ 74,574 Totals Commodity Derivative Instruments - Current $ 317,209 $ 383,158 As of March 31, 2018 , the Company had approximately $1,518,000 cash collateral (restricted cash) related to ethanol, corn, natural gas and soybean derivatives held by three brokers. The following table provides balance sheet details regarding the Company's futures and options derivative financial instruments at September 30, 2017 : Instrument Balance Sheet Location Assets Liabilities Ethanol futures and options contracts Commodity Derivative Instruments - Current $ — $ 89,019 Corn futures and options contracts Commodity Derivative Instruments - Current $ 489,531 $ — Soybean futures and options contracts Commodity Derivative Instruments - Current $ — $ 175,338 Soybean forward purchase contracts Commodity Derivative Instruments - Current $ 3,311 $ 249,475 Totals Commodity Derivative Instruments - Current $ 492,842 $ 513,832
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]	The following table provides details regarding the gains and (losses) from the Company's derivative instruments in the statements of operations, none of which are designated as hedging instruments for the three months and six months ended March 31, 2017 and March 31, 2018 : Instrument Statement of Operations Location Three Months 3/31/2017 Six Months 3/31/2017 Three Months 3/31/2018 Six Months 3/31/2018 Corn Futures and Options Contracts Cost of Goods Sold $ 162,724 $ 556,596 $ (437,723 ) $ (181,388 ) Ethanol Futures and Options Revenues 1,384,770 1,346,560 (252,292 ) (325,076 ) Natural Gas Futures and Options Contracts Cost of Goods Sold 62,845 133,830 36,584 157,013 Soybean Futures and Options Contracts Cost of Good Sold (2,208 ) (2,208 ) (753,160 ) (929,987 ) Soybean Forward Purchase Contracts Cost of Goods Sold — — 804,575 931,728 Totals $ 1,608,131 $ 2,034,778 $ (602,016 ) $ (347,710 )

Fair Value Instruments (Tables)

Fair Value Instruments (Tables)	6 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table provides information on those assets and liabilities measured at fair value on a recurring basis as of March 31, 2018 : Instruments Carrying Amount Fair Value Level 1 Level 2 Level 3 Corn Futures and Options Contracts $ (308,584 ) $ (308,584 ) $ (308,584 ) $ — $ — Ethanol Futures and Options Contracts $ 23,100 $ 23,100 $ 23,100 $ — $ — Soybean Futures and Options Contracts $ 58,552 $ 58,552 $ 58,552 $ — $ — Soybean Forward Purchase Asset $ 235,557 $ 235,557 $ — $ 235,557 $ — Soybean Forward Purchase Liability $ (74,574 ) $ (74,574 ) $ — $ (74,574 ) $ — Soybean Inventory $ 12,890,478 $ 12,890,478 $ — $ 12,890,478 $ — The following table provides information on those assets and liabilities measured at fair value on a recurring basis as of September 30, 2017 : Instruments Carrying Amount Fair Value Level 1 Level 2 Level 3 Corn Futures and Options Contracts $ 489,351 $ 489,351 $ 489,351 $ — $ — Ethanol Futures and Options Contracts $ (89,019 ) $ (89,019 ) $ (89,019 ) $ — $ — Soybean Futures and Options Contracts $ (175,338 ) $ (175,338 ) $ (175,338 ) $ — $ — Soybean Forward Purchase $ (246,162 ) $ (246,162 ) $ — $ (246,162 ) $ — Soybean Inventory $ 2,140,305 $ 2,140,305 $ — $ 2,140,305 $ —

Bank Financing Schedule of Long

Bank Financing Schedule of Long Term Debt (Tables)	6 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Schedule of Debt	Long-term debt, as discussed above, consists of the following at March 31, 2018 : Term note $ 10,272,265 Grain Loadout facility loan 9,703,202 Less amounts due within one year (4,404,752 ) Net long-term debt $ 15,570,715

Bank Financing Schedule of Matu

Bank Financing Schedule of Maturities of Long Term Debt (Tables)	6 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Schedule of Maturities of Long-term Debt	The estimated maturities of long-term debt at March 31, 2018 are as follows: April 1, 2018 to March 31, 2019 $ 4,404,752 April 1, 2019 to March 31, 2020 4,545,995 April 1, 2020 to March 31, 2021 5,607,232 April 1, 2021 to March 31, 2022 1,428,571 April 1, 2022 to March 31, 2023 3,988,917 Total long-term debt $ 19,975,467

Leases (Tables)

Leases (Tables)	6 Months Ended
	Mar. 31, 2018
Leases [Abstract]
Schedule of Future Minimum Payments for Capital and Operating Leases	At March 31, 2018 , the Company had the following operating lease minimum commitments for payments of rentals under leases which at inception had a non-cancellable term of more than one year: Total April 1, 2018 to March 31, 2019 $ 1,085,788 April 1, 2019 to March 31, 2020 918,000 April 1, 2020 to March 31, 2021 918,000 April 1, 2021 to March 31, 2022 612,000 Total minimum lease commitments $ 3,533,788

Segment Reporting Segment Balan

Segment Reporting Segment Balance Sheet reconciliation (Tables)	6 Months Ended
	Mar. 31, 2018
Segment Reporting, Asset Reconciling Item [Line Items]
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	March 31, 2018 September 30, 2017 Grain Inventories: (unaudited) Ethanol production $ 8,886,223 $ 5,754,084 Grain trading $ 12,890,478 $ 2,140,305 Total Grain Inventories $ 21,776,701 $ 7,894,389 March 31, 2018 September 30, 2017 Total Assets: (unaudited) Ethanol production $ 129,721,466 $ 156,548,789 Grain trading $ 21,078,596 $ 2,623,207 Total Assets $ 150,800,062 $ 159,171,996

Segment Reporting Segment Incom

Segment Reporting Segment Income Reconciliation (Tables)	6 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Three Months Ended Six Months Ended March 31, 2018 March 31, 2017 March 31, 2018 March 31, 2017 Revenue: (unaudited) (unaudited) (unaudited) (unaudited) Ethanol production $ 55,705,899 $ 59,473,502 $ 106,424,886 $ 117,528,266 Grain trading $ 10,006,437 $ — $ 15,142,938 $ — Total Revenue $ 65,712,336 $ 59,473,502 $ 121,567,824 $ 117,528,266 Three Months Ended Six Months Ended March 31, 2018 March 31, 2017 March 31, 2018 March 31, 2017 Gross Profit (Loss): (unaudited) (unaudited) (unaudited) (unaudited) Ethanol production $ 3,167,673 $ 4,455,502 $ 6,219,334 $ 13,060,090 Grain trading $ (24,921 ) $ — $ 324,769 $ — Total Gross Profit $ 3,142,752 $ 4,455,502 $ 6,544,103 $ 13,060,090 Three Months Ended Six Months Ended March 31, 2018 March 31, 2017 March 31, 2018 March 31, 2017 Operating Income (Loss): (unaudited) (unaudited) (unaudited) (unaudited) Ethanol production $ 1,676,267 $ 3,020,636 $ 3,273,745 $ 10,438,467 Grain trading $ (220,782 ) $ — $ (55,658 ) $ — Total Operating Income $ 1,455,485 $ 3,020,636 $ 3,218,087 $ 10,438,467

Summary of Significant Accoun25

Summary of Significant Accounting Policies Nature of Business (Details)	6 Months Ended
	Mar. 31, 2018gal	Mar. 31, 2017gal
Product Information [Line Items]
Number of Reportable Segments	2
Ethanol [Member]
Product Information [Line Items]
Annual Production Capacity	64,816,000	63,428,000

Concentrations (Details)

Concentrations (Details) - Customer Concentration Risk [Member]	6 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Sep. 30, 2017
Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	93.00%		95.00%
Sales Revenue, Goods, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	81.00%	96.00%

Inventories (Details)

Inventories (Details) - USD ($)	6 Months Ended
	Mar. 31, 2018	Sep. 30, 2017
Trading Division:
Total	$ 30,289,718	$ 14,604,975
Corn [Member]
Inventory [Line Items]
Derivative, Nonmonetary Notional Amount, Percent of Required Need, Coverage	6.20%
Long-term Purchase Commitment, Period	16 months
Distillers Grains [Member]
Inventory [Line Items]
Derivative, Nonmonetary Notional Amount, Percent of Required Need, Coverage	6.10%
Long-term Purchase Commitment, Period	3 months
Natural Gas [Member]
Inventory [Line Items]
Derivative, Nonmonetary Notional Amount, Percent of Required Need, Coverage	38.20%
Long-term Purchase Commitment, Period	19 months
Related Party [Member] | Corn [Member]
Inventory [Line Items]
Derivative, Nonmonetary Notional Amount, Percent of Required Need, Coverage	5.30%
Ethanol Division [Member]
Inventory [Line Items]
Raw materials	$ 8,886,223	5,754,084
Work in progress	1,216,272	1,354,346
Finished goods	4,315,757	2,722,869
Spare parts	2,980,988	2,633,371
Segment Inventory Subtotal	17,399,240	12,464,670
Grain Trading Segment [Member]
Trading Division:
Investment in Physical Commodities	12,890,478	2,140,305
Segement Inventory Subtotal Trading Division	$ 12,890,478	$ 2,140,305
Forward Contracts [Member] | Soybean [Member]
Inventory [Line Items]
Related Party Transaction, Purchases from Related Party	11.90%

Derivative Instruments (Details

Derivative Instruments (Details)	6 Months Ended
	Mar. 31, 2018USD ($)bugal	Sep. 30, 2017USD ($)
Derivative [Line Items]
Good Faith and Margin Deposits with Broker-Dealers | $	$ 1,518,000	$ 401,000
Corn [Member] | Short [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Volume	(2,860,000)
Ethanol [Member] | Short [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Volume | gal	(420,000)
Soybean [Member] | Short [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Volume	(2,565,000)

Derivative Instruments - Balanc

Derivative Instruments - Balance Sheet (Details) - USD ($)	Mar. 31, 2018	Sep. 30, 2017
Derivatives, Fair Value [Line Items]
Good Faith and Margin Deposits with Broker-Dealers	$ 1,518,000	$ 401,000
Commodity Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	317,209	492,842
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	383,158	513,832
Future [Member] | Soybean [Member] | Commodity Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	58,552	0
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	0
Future [Member] | Corn [Member] | Commodity Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	0	489,531
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	308,584	0
Future [Member] | Natural Gas [Member] | Commodity Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral		175,338
Future [Member] | Ethanol [Member] | Commodity Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	23,100	0
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	0	89,019
Forward Contracts [Member] | Soybean [Member] | Commodity Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	235,557	3,311
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	$ 74,574	$ 249,475

Derivative Instruments - Income

Derivative Instruments - Income Statement (Details) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net			$ 302,748	$ (1,825,091)
Gain (Loss) on Price Risk Derivative Instruments Not Designated as Hedging Instruments	$ (602,016)	$ 1,608,131	(347,710)	2,034,778
Future [Member] | Not Designated as Hedging Instrument [Member] | Corn [Member] | Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	(437,723)	162,724	(181,388)	556,596
Future [Member] | Not Designated as Hedging Instrument [Member] | Ethanol [Member] | Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	(252,292)	1,384,770	(325,076)	1,346,560
Future [Member] | Not Designated as Hedging Instrument [Member] | Natural Gas [Member] | Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	36,584	62,845	157,013	133,830
Future [Member] | Not Designated as Hedging Instrument [Member] | Soybean [Member] | Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	804,575	0	931,728	0
Forward Contracts [Member] | Not Designated as Hedging Instrument [Member] | Soybean [Member] | Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	$ (753,160)	$ (2,208)	$ (929,987)	$ (2,208)

Fair Value Instruments (Details

Fair Value Instruments (Details) - USD ($)	Mar. 31, 2018	Sep. 30, 2017
Soybean [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	$ 12,890,478	$ 2,140,305
Soybean [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	0	0
Soybean [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	12,890,478	2,140,305
Soybean [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	0	0
Soybean [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	12,890,478	2,140,305
Future [Member] | Corn [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	(308,584)	489,351
Future [Member] | Corn [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	(308,584)	489,351
Future [Member] | Corn [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	0	0
Future [Member] | Corn [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	0	0
Future [Member] | Corn [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	(308,584)	489,351
Future [Member] | Ethanol [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	23,100	(89,019)
Future [Member] | Ethanol [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	23,100	(89,019)
Future [Member] | Ethanol [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	0	0
Future [Member] | Ethanol [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	0	0
Future [Member] | Ethanol [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	23,100	(89,019)
Future [Member] | Soybean [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	58,552	(175,338)
Future [Member] | Soybean [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	58,552	(175,338)
Future [Member] | Soybean [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	0	0
Future [Member] | Soybean [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	0	0
Future [Member] | Soybean [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	58,552	(175,338)
Forward Contracts [Member] | Soybean [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)	235,557	(246,162)
Derivative Liability	(74,574)
Forward Contracts [Member] | Soybean [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)		0
Derivative Asset	0
Derivative Liability	0
Forward Contracts [Member] | Soybean [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)		(246,162)
Derivative Asset	235,557
Derivative Liability	(74,574)
Forward Contracts [Member] | Soybean [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)		0
Derivative Asset	0
Derivative Liability	0
Forward Contracts [Member] | Soybean [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities)		$ (246,162)
Derivative Asset	235,557
Derivative Liability	$ (74,574)

Bank Financing - Debt Instrumen

Bank Financing - Debt Instruments (Details) - USD ($)	6 Months Ended
	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017
Debt Instrument [Line Items]
Long-term Line of Credit			$ 0
Long-term Debt, Maturities, Repayments of Principal in Next Rolling Twelve Months	$ (4,404,752)		(3,749,826)
Long-Term Debt, net of current maturities	15,570,715		14,581,758
Debt Instrument, Periodic Payment, Principal	119,000
Long-term Debt [Member]
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment	282,700
Long-term Line of Credit			11,856,000
Line of Credit Facility, Fair Value of Amount Outstanding	10,272,265
Long-term Debt, Maturities, Repayments of Principal in Next Rolling Twelve Months	(4,404,752)
Long-Term Debt, net of current maturities	15,570,715
Long-term Debt, Maturities, Repayments of Principal in Next Rolling Twelve Months	4,404,752
Long-term Debt, Maturities, Repayments of Principal in Year Two	4,545,995
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Three	5,607,232
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Four	1,428,571
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Five	3,988,917
Long-term Debt	19,975,467
Declining Note [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 5,000,000
Long-term Line of Credit	$ 0
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.90%
Debt Instrument, Interest Rate, Effective Percentage	4.57%		4.14%
Line of Credit Facility, Maximum Borrowing Capacity	$ 15,000,000
Long-term Line of Credit	$ 0
Declining Note [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.90%
Debt Instrument, Interest Rate, Effective Percentage	4.60%		4.20%
Long-term Debt			$ 0
Construction Loans [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.90%
Debt Instrument, Interest Rate, Effective Percentage	4.91%		4.22%
Long-term Construction Loan	$ 10,000,000
Line of Credit Facility, Fair Value of Amount Outstanding	$ 9,703,202	$ 6,476,000
Long-term Debt [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.90%
Debt Instrument, Interest Rate, Effective Percentage	4.60%		4.20%
Working Capital requirement [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Covenant, Working Capital	$ 25,000,000
debt service charge [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Covenant Terms	1.25:1.0
Fixed Charge Coverage Ratio [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Covenant Terms	1.15:1.0
Annual Capital Expenditures [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Covenant, Maximum Capital Expenditures Per Year Without Prior Approval	$ 5,000,000
Minimum [Member] | Working Capital requirement [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Covenant, Working Capital	$ 15,000,000

Leases (Details)

Leases (Details) - Transportation Equipment [Member]	Mar. 31, 2018USD ($)
Operating Leased Assets [Line Items]
Operating Leases, Payments Due April 1, 2018 to March 31, 2019	$ 1,085,788
Operating Leases, Payments Due April 1, 2019 to March 31, 2020	918,000
Operating Leases, Payments, Due April 1, 2020 to March 31, 2021	918,000
Operating Leases, Payments, Due April 1, 2021 to March 31, 2022	612,000
Operating Leases, Future Minimum Payments Due	$ 3,533,788

Commitments and Contingencies (

Commitments and Contingencies (Details)	Mar. 31, 2018USD ($)
Pending Litigation [Member]
Loss Contingencies [Line Items]
Estimated Litigation Liability	$ 1,000,000

Uncertainties Impacting the E35

Uncertainties Impacting the Ethanol Industry and Our Future Operations (Details)	6 Months Ended
	Mar. 31, 2018
Sales Revenue, Goods, Net [Member] | Ethanol [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	65.00%
Cost of Goods, Segment [Member] | Corn [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	66.00%

Segment Reporting (Details)

Segment Reporting (Details) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017	Sep. 30, 2017
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	$ 65,712,336	$ 59,473,502	$ 121,567,824	$ 117,528,266
Gross Profit	3,142,752	4,455,502	6,544,103	13,060,090
Operating Income (Loss)	1,455,485	3,020,636	3,218,087	10,438,467
Inventory, Gross	21,776,701		21,776,701		$ 7,894,389
Assets	150,800,062		150,800,062		159,171,996
Ethanol Segment [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	55,705,899	59,473,502	106,424,886	117,528,266
Gross Profit	3,167,673	4,455,502	6,219,334	13,060,090
Operating Income (Loss)	1,676,267	3,020,636	3,273,745	10,438,467
Inventory, Gross	8,886,223		8,886,223		5,754,084
Assets	129,721,466		129,721,466		156,548,789
Grain Trading Segment [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	10,006,437	0	15,142,938	0
Gross Profit	(24,921)	0	324,769	0
Operating Income (Loss)	(220,782)	$ 0	(55,658)	$ 0
Inventory, Gross					2,140,305
Assets	21,078,596		21,078,596		2,623,207
Investment in Physical Commodities	$ 12,890,478		$ 12,890,478		$ 2,140,305

Segment Reporting Reportable Se

Segment Reporting Reportable Segments (Details)	6 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Number of Reportable Segments	2