Southwest Iowa Renewable Energy (SWIOU) 10-Q 11 Feb 15 2015 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Dec. 31, 2014	Sep. 30, 2014
Document Information [Line Items]
Entity Registrant Name	Southwest Iowa Renewable Energy, LLC
Entity Central Index Key	1424844
Current Fiscal Year End Date	-21
Entity Filer Category	Smaller Reporting Company
Document Type	10-Q
Document Period End Date	31-Dec-14
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Amendment Flag	FALSE
Entity Common Stock, Shares Outstanding	13,327
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	8,993
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	3,334
Common Class C [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	1,000

Balance_Sheets

Balance Sheets (USD $)	Dec. 31, 2014	Sep. 30, 2014
In Thousands, unless otherwise specified
Current Assets
Cash and cash equivalents	$3,139	$9,267
Restricted cash	304	304
Accounts receivable	522	801
Accounts receivable, related party	4,301	5,192
Derivative financial instruments	1,068	623
Inventory	11,128	12,161
Prepaid expenses and other	1,761	1,611
Total current assets	22,223	29,959
Property, Plant, and Equipment
Land	2,064	2,064
Plant, building and equipment	209,410	208,082
Office and other equipment	1,081	1,068
Total Cost	212,555	211,214
Accumulated depreciation	-79,285	-76,393
Net property and equipment	133,270	134,821
Other Assets
Financing costs, net of amortization of $3,202 and $2,341, respectively	401	418
Other assets	1,588	1,588
Total other assets	1,989	2,006
Total Assets	157,482	166,786
Current Liabilities
Accounts payable	1,462	1,575
Accounts payable, related parties	818	1,188
Derivative Financial Instruments Related Party	793	2,707
Accrued expenses	4,549	2,996
Accrued expenses, related parties	278	214
Current maturities of notes payable	6,044	6,052
Total current liabilities	13,944	14,732
Long Term Liabilities
Notes payable, less current maturities	27,853	50,872
Other long-term liabilities	275	300
Warrants and Rights Outstanding	4,700	0
Total long term liabilities	32,828	51,172
Members' Equity
Members' capital, 13,139 Units issued and outstanding	87,165	87,165
Accumulated profit (deficit)	23,545	13,717
Total members' equity	110,710	100,882
Total Liabilities and Members' Equity	$157,482	$166,786

Balance_Sheets_Parenthetical

Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2014	Sep. 30, 2014
Statement of Financial Position [Abstract]
Financing costs, amortization
Members' capital, units issued
Members' capital, units outstanding	13,327

Statements_Of_Operations

Statements Of Operations (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Revenues	$72,536	$80,186
Cost of Goods Sold
Cost of goods sold-non hedging	56,186	63,861
Realized & unrealized hedging (gains)	-283	2,211
Cost of Goods Sold	55,903	66,072
Gross Margin	16,633	14,114
General and administrative expenses	1,385	1,206
Operating Income	15,248	12,908
Other Income (Expense)
Other (Income) Expense	720	2,048
Gains (Losses) on Extinguishment of Debt	4,700	0
Net (Loss)	$9,828	$10,860
Weighted Average Units Outstanding	13,327	13,144
Weighted Average Number of Shares Outstanding, Diluted	21,415	25,516
Earnings Per Share, Basic	$737.45	$826.23
Earnings Per Share, Diluted	$477.56	$454.34

Condensed_Statements_Of_Cash_F

Condensed Statements Of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Net Income (Loss) Available to Common Stockholders, Basic	$9,828	$10,860
Use Of Deposit For Financing Fee	1,022	0
Revenues	72,536	80,186
Cash Flows From Operating Activities
Net (loss)	9,828	10,860
Adjustments to reconcile net (loss) to net cash provided by operating activities:
Depreciation	2,891	2,857
Amortization	18	117
Gains (Losses) on Extinguishment of Debt	4,700	0
(Increase) decrease in current assets:
Accounts receivable	1,169	2,015
Inventories	1,033	-1,255
Prepaid expenses and other	-150	-405
Increase (Decrease) in Derivative Assets	-445	834
Decrease in other long-term liabilities	-25	-25
Increase (decrease) in current liabilities:
Accounts payable	-482	-1,829
Derivative Liability	-1,914	0
Accrued expenses	595	2,592
Net cash provided by operating activities	17,218	15,761
Cash Flows From Investing Activities
Purchase of property and equipment	-319	-139
Net Cash Provided by (Used in) Investing Activities	-319	-139
Cash Flows From Financing Activities
Proceeds from notes payable	10,100	32,000
Payments on borrowings	-33,127	-44,635
Net cash (used in) financing activities	-23,027	-12,635
Cash and Cash Equivalents, Period Increase (Decrease)	-6,128	2,987
Cash And Equivalents-Beginning	9,267	12,437
Cash And Equivalents-Ending	3,139	15,424
Supplemental Cash Flow Information [Abstract]
Cash paid for interest	$711	$969

Nature_Of_Business

Nature Of Business	3 Months Ended
	Dec. 31, 2014
Nature Of Business [Abstract]
Nature Of Business	Nature of Business
	Southwest Iowa Renewable Energy, LLC (the “Company”), located in Council Bluffs, Iowa, was formed in March, 2005 and began producing ethanol in February, 2009.   The Company is permitted to produce up to 125 million gallons of ethanol per year. The Company sells its ethanol, distillers grains, corn syrup, and corn oil in the continental United States, Mexico, and the Pacific Rim.

Summary_Of_Significant_Account

Summary Of Significant Accounting Policies	3 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Summary Of Significant Accounting Policies	Summary of Significant Accounting Policies
	Basis of Presentation and Other Information
	The accompanying financial statements as of December 31, 2014 and for the three months ended December 31, 2014 and 2013 are unaudited and reflect all adjustments (consisting only of normal recurring adjustments) which are, in the opinion of management, necessary for a fair presentation of the financial position and operating results for the interim periods. These unaudited financial statements and notes should be read in conjunction with the audited financial statements and notes thereto, for the fiscal year ended September 30, 2014 contained in the Company’s Annual Report on Form 10-K. The results of operations for the interim periods presented are not necessarily indicative of the results for the entire year.
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from these estimates.
	Revenue Recognition
	The Company sells ethanol and related products pursuant to marketing agreements.  Revenues are recognized when the marketing company (the “customer”) has taken title to the product, prices are fixed or determinable and collectability is reasonably assured.
	The Company’s products are generally shipped FOB loading point.  The Company’s ethanol sales are handled through an ethanol purchase agreement (the “Ethanol Agreement”) with Bunge North America, Inc. (“Bunge”).  Syrup and distillers grain (co-products) are sold through a distillers grains agreement (the “DG Agreement”) with Bunge, based on market prices. Corn oil is sold through a corn oil agreement (the “Corn Oil Agency Agreement”) with Bunge based on market prices.   Marketing fees, agency fees, and commissions due to the marketer are paid separately from the settlement for the sale of the ethanol products and co-products and are included as a component of cost of goods sold.  Shipping and handling costs incurred by the Company for the sale of ethanol and co-products are included in cost of goods sold.
	Accounts Receivable
	Trade accounts receivable are recorded at original invoice amounts less an estimate made for doubtful receivables based on a review of all outstanding amounts on a monthly basis.  Most of the trade accounts are with Bunge. Management determines the allowance for doubtful accounts by regularly evaluating customer receivables and considering customer’s financial condition, credit history and current economic conditions.  As of December 31, 2014 and September 30, 2014, management had determined no allowance was necessary.  Receivables are written off when deemed uncollectable and recoveries of receivables written off are recorded when received.
	Investment in Commodities Contracts, Derivative Instruments and Hedging Activities
	The Company’s operations and cash flows are subject to fluctuations due to changes in commodity prices.  The Company is subject to market risk with respect to the price and availability of corn, the principal raw material used to produce ethanol and ethanol by-products.  Exposure to commodity price risk results from the Company’s dependence on corn in the ethanol production process.  In general, rising corn prices can result in lower profit margins and, therefore, represent unfavorable market conditions.  This is especially true when market conditions do not allow the Company to pass along increased corn costs to customers.  The availability and price of corn is subject to wide fluctuations due to unpredictable factors such as weather conditions, farmer planting decisions, governmental policies with respect to agriculture and international trade and global demand and supply.
	To minimize the risk and the volatility of commodity prices, primarily related to corn and ethanol, the Company uses various derivative instruments, including forward corn, ethanol, and distillers grains purchase and sales contracts, over-the-counter and exchange-traded futures and option contracts.  From time to time, when market conditions are appropriate and the Company has sufficient working capital available, the Company will enter into derivative contracts to hedge its exposure to price risk related to forecasted corn needs and forward corn purchase contracts.
	Management has evaluated the Company’s contracts to determine whether the contracts are derivative instruments. Certain contracts that literally meet the definition of a derivative may be exempted from derivative accounting 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.   Gains and losses on contracts designated as normal purchases or normal sales contracts are not recognized until quantities are delivered or utilized in production.
	The Company applies the normal purchase and sale exemption to forward contracts relating to ethanol and distillers grains and solubles and therefore these forward contracts are not marked to market. As of December 31, 2014, the Company was committed to sell 2.6 million gallons of ethanol and 67.4 thousand tons of distillers grains.
	Corn purchase contracts are treated as derivative financial instruments. Changes in market value of forward corn contracts, which are marked to market each period, are included in costs of goods sold.  As of December 31, 2014, the Company was committed to purchasing 4.6 million bushels of corn on a forward contract basis resulting in a total commitment of $18.2 million.
	In addition the Company was committed to purchase 0.4 million bushels of corn on basis contracts.
	The Company also enters into short-term cash, options and futures contracts as a means of managing exposure to changes in commodity prices.  The Company enters into derivative contracts to hedge the exposure to volatile commodity price fluctuations.  The Company maintains a risk management strategy that uses derivative instruments to minimize significant, unanticipated earnings fluctuations caused by market volatility.  The Company’s specific goal is to protect itself from large moves in commodity costs.  All derivatives are designated as non-hedge derivatives and the contracts will be accounted for at fair value.  Although the contracts will be effective economic hedges of specified risks, they are not designated as and accounted for as hedging instruments.
	The gains or losses are included in revenue if the contracts relate to ethanol and cost of goods sold if the contracts relate to corn.     During the three months ended December 31, 2014 and 2013, the Company recorded a combined realized and unrealized gain of $0.3 million and a loss of $2.2 million, respectively, as a component of cost of goods sold. During the three months ended December 31, 2014 and the three months ended December 31, 2013, the Company did not enter into any ethanol derivative contracts. The Company reports all contracts with the same counter-party on a net basis on the balance sheet due to a master netting agreement.
	Derivatives not designated as hedging instruments along with cash held by brokers at December 31, 2014 and September 30, 2014 at market value are as follows:
		Balance Sheet Classification		December 31, 2014				September 30, 2014
				in 000's				in 000's
	Futures and option contracts
	In gain position			$	424			$	844
	In loss position			(12		)		—
	Cash held by (due to) broker			656				(221		)
		Current asset		1,068				623
	Forward contracts, corn, related party	Current liability		793				2,707
	Net futures, options, and forward contracts			$	275			$	(2,084	)
	The net realized and unrealized gains and losses on the Company’s derivative contracts for the three months ended December 31, 2014 and 2013 consist of the following (in thousands of dollars):
				Three months ended
		Statement of Operations Classification		31-Dec-14				December 31, 2013
	Net realized and unrealized (gains) losses related to:
	Forward purchase contracts (corn)	Cost of Goods Sold		$	(1,213	)		$	1,856
	Futures and option contracts (corn)	Cost of Goods Sold		$	930			355
	Inventory
	Inventory is stated at the lower of cost or market value using the average cost method.  Market value is based on current replacement values, to the extent that it does not exceed net realizable values and it is not less than the net realizable values reduced by an allowance for normal profit margin.
	Fair value of financial instruments
	The carrying amounts of cash and cash equivalents, derivative financial instruments, accounts receivable, accounts payable and accrued expenses approximate fair value due to the short term nature of these instruments. The carrying amount of the bank debt approximates fair value, as the interest rate is a floating rate, and the debt was issued in June 2014.
	Income Per Unit
	Basic income per unit is calculated by dividing net income by the weighted average units outstanding for each period. Diluted income per unit is calculated by dividing income adjusted for interest on the convertible debt by the sum of the weighted average units outstanding and the weighted average dilutive units, using the treasury stock method. In addition the diluted weighted average units includes dilutive units from the put option using the reverse treasury stock method. Units from convertible term notes are considered unit equivalents and are considered in the diluted income per unit computation. Basic earnings and diluted per unit data were computed as follows (in thousands except per unit data):
		Three Months Ended
		31-Dec-14				31-Dec-13
	Numerator:
	Net income for basic earnings per unit	$	9,828			$	10,860
	Interest expense on convertible term note	399				733
	Net income for diluted earnings per unit	$	10,227			$	11,593
	Denominator:
	Weighted average units outstanding - basic	13,327				13,144
	Weighted average units outstanding - diluted	21,415				25,516
	Income per unit - basic	$	737.45			$	826.23
	Income per unit - diluted	$	477.56			$	454.34

Inventory

Inventory	3 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
Inventory	Inventory
	Inventory is comprised of the following at:
		December 31, 2014		September 30, 2014
		(000's)		(000's)
	Raw Materials - corn	$	1,616	$	2,395
	Supplies and Chemicals	2,672		2,783
	Work in Process	1,629		1,392
	Finished Goods	5,211		5,591
	Total	$	11,128	$	12,161

Members_Equity

Members' Equity	3 Months Ended
	Dec. 31, 2014
Stockholders' Equity Note [Abstract]
Members' Equity	Members’ Equity
	At December 31, 2014 outstanding member units were:
	Series A Units Outstanding	8,993
	Series B Units Outstanding	3,334
	Series C Units Outstanding	1,000
	The Series A, B and C unit holders all vote on certain matters with equal rights.  The Series C unit holders as a group have the right to elect one member of the Board of Directors (the “Board”).  The Series B unit holders as a group have the right to elect two Board members.  Series A unit holders as a group have the right to elect the remaining number of directors not elected by the Series C and B unit holders.

Revolving_LoanCredit_Agreement

Revolving Loan/Credit Agreements	3 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Revolving Loan/Credit Agreements	Revolving Loan/Credit Agreements
	FCSA/CoBank
	The Company entered into a credit agreement with Farm Credit Services of America, FLCA (“ FCSA ”) and CoBank, ACB, as cash management provider and agent (“CoBank ”) which provides the Company with a term loan in the amount of $30,000,000 (the “ Term Loan ”) and a revolving term loan in the amount of up to $36,000,000 (the “ Revolving Term Loan ,” together with the Term Loan, the “ FCSA Credit Facility ”). The FCSA Credit Facility is secured by a security interest on all of the Company’s assets.
	The Term Loan provides for payments by the Company to FCSA of quarterly installments of $1,500,000 each, beginning on December 20, 2014 with a maturity date of September 20, 2019. The Revolving Term Loan has a maturity date of June 1, 2023 and requires reductions in principal availability in increments of $6,000,000 each June 1 commencing on June 1, 2020. Under the FCSA Credit Facility, the Company has the right to select from the several LIBOR based interest rate options with respect to each of the Term Loan and the Revolving Term Loan.
	As of December 31, 2014, there was $5.2 million outstanding under the FCSA Credit Facility and an additional $30.8 million available under the Revolving Term Loan.
	Bunge
	Effective June 23, 2014, the Company amended and restated its Subordinated Term Loan Note by and between the Company and Bunge (the “Bunge Term Loan Note”). The Company also had a revolving note with Bunge, which was terminated June 23, 2014. On December 22, 2014, the Company paid to Bunge in full the entire $19.9 million of subordinated debt then outstanding to Bunge under the Bunge Term Loan Note. Interest on the Bunge subordinated debt was $297 thousand and $742 thousand for the three months ended December 31, 2014 and 2013, respectively.
	ICM
	Effective June 23, 2014, the Company amended and restated its Subordinated Term Loan Note by and between the Company and ICM, Inc. (the “ICM Term Loan Note”). On December 22, 2014, the Company paid in full to ICM the entire $6.8 million of subordinated debt then outstanding to ICM under the ICM Term Loan Note. Interest on the ICM subordinated debt was $102 thousand and $256 thousand for the three months ended December 31, 2014 and 2013, respectively.
	Notes payable
	Notes payable consists of the following:
		December 31, 2014		September 30, 2014
		(000's)		(000's)
	Term Loan payable to FSCA bearing interest at LIBOR plus 3.35% (3.51% at December 31, 2014)	$	28,500	$	30,000
	Revolving Term Loan payable to FSCA bearing interest at LIBOR plus 3.35% (3.51% at December 31, 2014)	5,200		—
	Note payable to affiliate Bunge	—		19,865
	Note payable to affiliate ICM	—		6,847
	Other	197		212
		33,897		56,924
	Less Current Maturities	6,044		6,052
	Total Long Term Debt	27,853		50,872
	The approximate aggregate maturities of notes payable as of December 31, are as follows:
	2015	$	6,044
	2016	6,153
	2017	6,000
	2018	6,000
	2019	4,500
	2020 and Thereafter	5,200
	Total	$	33,897

Fair_Value_Measurement

Fair Value Measurement	3 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Fair Value Measurement	Fair Value Measurement
	Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.  In determining fair value, the Company used various methods including market, income and cost approaches.  Based on these approaches, the Company often utilized certain assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and/or the risks inherent in the inputs to the valuation technique.  These inputs can be readily observable, market corroborated, or generally unobservable inputs.  The Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs.  Based on the observable inputs used in the valuation techniques, the Company is required to provide the following information according to the fair value hierarchy.
	The fair value hierarchy ranks the quality and reliability of the information used to determine fair values.  Financial assets and liabilities carried at fair value will be classified and disclosed in one of the following three categories:
	Level 1 -	Valuations for assets and liabilities traded in active markets from readily available pricing sources for market transactions involving identical assets or liabilities.
	Level 2 -	Valuations for assets and liabilities traded in less active dealer or broker markets.  Valuations are obtained from third-party pricing services for identical or similar assets or liabilities.
	Level 3 -	Valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets or liabilities.
	A description of the valuation methodologies used for instruments measured at fair value, including the general classifications of such instruments pursuant to the valuation hierarchy, is set below.
	Put Option liability. The put option liability consists of an agreement between the Company and ICM that contains a conditional obligations to repurchase feature. In accordance with accounting for put options as a liability, the Company calculated the fair value of the put option under Level 3, using the Black-Scholes model. There was no significant change in the estimated value between the issue date and the end of the quarter. Future unrealized gains and losses related to the change in fair value of the put option liability will be included in other expense on the Statement of Operations.
	Derivative financial instruments.  Commodity futures and exchange traded options are reported at fair value utilizing Level 1 inputs. For these contracts, the Company obtains 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 Mercantile Exchange (“CME”) market.  Ethanol contracts are reported at fair value utilizing Level 2 inputs from third-party pricing services.  Forward purchase contracts are reported at fair value utilizing Level 2 inputs.   For these contracts, the Company obtains fair value measurements from local grain terminal values.  The fair value measurements consider observable data that may include live trading bids from local elevators and processing plants which are based on the CME market.
	The following table summarizes financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2014 and September 30, 2014, categorized by the level of the valuation inputs within the fair value hierarchy:
		December 31, 2014
		Level 1		Level 2		Level 3
	Assets:
	Derivative financial instruments	$	424	—		$	—
	Liabilities:
	Derivative financial instruments	12		793		—
	Put option liability	—		—		4,700
		September 30, 2014
		Level 1		Level 2		Level 3
	Assets:
	Derivative financial instruments	$	844	$	—	$	—
	Liabilities:
	Derivative financial instruments	—		2,707		—
	The following table summarizes the assumptions used in computing the fair value of the put options subject to fair value accounting at the date of issue during the three months ended December 31, 2014
	Put option assumptions:
	Expected dividend yield	—	%
	Risk-free interest rate	0.62	%
	Expected volatility	50	%
	Expected life (years)	2
	Exercise price	$10,897
	Company stock price	$7,250
	The following table reflects the activity for liabilities measured at fair value using Level 3 inputs as of December 31, 2014:
	Balance as of September 30, 2014	$	—
	Put Option Issued December 17, 2014	4,700
	Balance as of December 31, 2014	$	4,700

Related_Party_Transactions

Related Party Transactions	3 Months Ended
	Dec. 31, 2014
Related Party Transaction, Due from (to) Related Party [Abstract]
Related Party Transactions	Related Party Transactions
	Bunge
	On December 5, 2014, the Company entered into an Amended and Restated Ethanol Purchase Agreement (the “Ethanol Agreement”) with Bunge. Under the Ethanol Agreement, the Company has agreed to sell Bunge all of the ethanol produced by the Company, and Bunge has agreed to purchase the same.  The Company will pay Bunge a percentage fee for ethanol sold by Bunge, subject to a minimum and maximum annual fee.  The initial term of the Ethanol Agreement expires on December 31, 2019, however it will automatically renew for one five year term unless Bunge provides the Company with notice of election to terminate. The Company has incurred ethanol marketing expenses of $312 thousand and  $332 thousand during the three months ended December 31, 2014 and 2013, respectively.
	The Company and Bunge also entered into an Amended and Restated Grain Feedstock Agency Agreement on December 5, 2014 (the “ Agency Agreement ”).  The Agency Agreement provides that Bunge will procure corn for the Company,the Company will pay Bunge a per bushel fee, subject to a minimum and maximum annual fee.  The initial term of the Agency Agreement expires on December 31, 2019 and will automatically renew for one additional five year term unless Bunge provides notice of election to the Company to terminate. Expenses for corn procurement for the three months ended December 31, 2014 and 2013 were $332 thousand and $350 thousand, respectively.
	Starting with the 2015 crop year, the Company is exploring using corn containing Syngenta Seeds, Inc.’s proprietary Enogen® technology (“ Enogen Corn ”) for a portion of its ethanol production needs.  The Company will contract directly with growers to produce Enogen Corn for sale to the Company.  Consistent with the Agency Agreement, the Company and Bunge entered into a Services Agreement regarding corn purchases (the “ Services Agreement ”).  Under which, the Company will originate all Enogen Corn for its facility and Bunge will assist the Company with certain administrative matters related to Enogen Corn, including facilitating delivery to the facility.  The Company will pay Bunge a per bushel service fee.  The initial term of the Services Agreement expires on December 31, 2019 and will automatically renew for one additional five year term unless Bunge provides notice of election to the Company to terminate.
	On December 5, 2014, the Company and Bunge entered into an Amended and Restated Distiller’s Grain Purchase Agreement (the “ DG Purchase Agreement ”).  Under the DG Purchase Agreement, Bunge will purchase all distiller’s grains produced by the Company, and will receive a fee based on the net sale price of distillers grains, subject to a minimum and maximum annual fee.  The initial term of the DG Purchase Agreement expires on December 31, 2019  and will automatically renew for one additional five year term unless Bunge provides notice of election to the Company to terminate. The Company has incurred distiller's grains marketing expenses of $305 thousand and $511 thousand during the three months ended December 31, 2014 and 2013, respectively.
	The Company and Bunge executed a letter agreement (the “ Letter Agreement ”) on December 5, 2015, terminating the Corn Oil Agency Agreement dated as of November 12, 2010 by and between the Company and Bunge and the Risk Management Services Agreement by and between the Company and Bunge dated as of December 15, 2008. Expenses under this the terminated Corn Oil Agency Agreement for the three months ended December 31, 2014 and 2013 were $67 thousand and $58 thousand, respectively.
	On June 26, 2009, the Company executed a Railcar Agreement with Bunge for the lease of 325 ethanol cars and 300 hopper cars which are used for the delivery and marketing of ethanol and distillers grains.  Under the Railcar Agreement, the Company leases railcars for terms lasting 120 months and continuing on a month to month basis thereafter.  The Railcar Agreement will terminate upon the expiration of all railcar leases.  Expenses under this agreement for the three months ended December 31, 2014 and 2013 were $0.8 million and $1.3 million, net of subleases and accretion, respectively. The Company entered into a one year sublease for 147 hoppers with Bunge that will expire September 14, 2015. The Company also has a sublease for 54 hopper cars to Gavilon Ingredients, LLC which expires March 25, 2019. Upon expiration of the sublease, the Company will continue to work with Bunge to determine the need for ethanol and hopper cars in light of the current market conditions, and the expected conditions in 2015 and beyond. The Company believes we will be able to fully utilize our fleet of hopper cars in the future, to allow us to cost-effectively ship distillers grains to distant markets, primarily the export markets.three months ended December 31, 2014
	ICM
	In connection with the payoff of the subordinated debt the Company entered into the SIRE ICM Unit Agreement dated December 17, 2014 (the “ Unit Agreement ”).  Under the Unit Agreement, the Company has agreed to grant ICM the right to sell to the Company its 1,000 Series C and 18 Series A Membership Units (the “ ICM Units ”) commencing anytime during the earliest of  several alternative dates and events at the greater of $10,897 per unit or the fair market value (as defined in the agreement) on the date of exercise. The Company recorded an expense of $4.7 million in conjunction with this put right under the Unit Agreement (the "Loss from debt extinguishment") for the three months ended December 31, 2014.

Major_Customers

Major Customers	3 Months Ended
	Dec. 31, 2014
Major Customers [Abstract]
Major Customers	Major Customer
	The Company is party to the Ethanol, Supply, and Corn Oil Agency Agreements with Bunge for the exclusive marketing, selling, and distributing of all the ethanol, distillers grains, and syrup produced by the Company. Revenues from Bunge were $69.8 million and $77.5 million for the three months ended December 31, 2014 and 2013, respectively

Summary_Of_Significant_Account1

Summary Of Significant Accounting Policies (Policy)	3 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Basis Of Presentation And Other Information	Basis of Presentation and Other Information
	The accompanying financial statements as of December 31, 2014 and for the three months ended December 31, 2014 and 2013 are unaudited and reflect all adjustments (consisting only of normal recurring adjustments) which are, in the opinion of management, necessary for a fair presentation of the financial position and operating results for the interim periods. These unaudited financial statements and notes should be read in conjunction with the audited financial statements and notes thereto, for the fiscal year ended September 30, 2014 contained in the Company’s Annual Report on Form 10-K. The results of operations for the interim periods presented are not necessarily indicative of the results for the entire year.
Use Of Estimates	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from these estimates.
Revenue Recognition	Revenue Recognition
	The Company sells ethanol and related products pursuant to marketing agreements.  Revenues are recognized when the marketing company (the “customer”) has taken title to the product, prices are fixed or determinable and collectability is reasonably assured.
	The Company’s products are generally shipped FOB loading point.  The Company’s ethanol sales are handled through an ethanol purchase agreement (the “Ethanol Agreement”) with Bunge North America, Inc. (“Bunge”).  Syrup and distillers grain (co-products) are sold through a distillers grains agreement (the “DG Agreement”) with Bunge, based on market prices. Corn oil is sold through a corn oil agreement (the “Corn Oil Agency Agreement”) with Bunge based on market prices.   Marketing fees, agency fees, and commissions due to the marketer are paid separately from the settlement for the sale of the ethanol products and co-products and are included as a component of cost of goods sold.  Shipping and handling costs incurred by the Company for the sale of ethanol and co-products are included in cost of goods sold.
Accounts Receivable	Accounts Receivable
	Trade accounts receivable are recorded at original invoice amounts less an estimate made for doubtful receivables based on a review of all outstanding amounts on a monthly basis.  Most of the trade accounts are with Bunge. Management determines the allowance for doubtful accounts by regularly evaluating customer receivables and considering customer’s financial condition, credit history and current economic conditions.  As of December 31, 2014 and September 30, 2014, management had determined no allowance was necessary.  Receivables are written off when deemed uncollectable and recoveries of receivables written off are recorded when received.
Investment In Commodities Contracts, Derivative Instruments And Hedging Activities	Investment in Commodities Contracts, Derivative Instruments and Hedging Activities
	The Company’s operations and cash flows are subject to fluctuations due to changes in commodity prices.  The Company is subject to market risk with respect to the price and availability of corn, the principal raw material used to produce ethanol and ethanol by-products.  Exposure to commodity price risk results from the Company’s dependence on corn in the ethanol production process.  In general, rising corn prices can result in lower profit margins and, therefore, represent unfavorable market conditions.  This is especially true when market conditions do not allow the Company to pass along increased corn costs to customers.  The availability and price of corn is subject to wide fluctuations due to unpredictable factors such as weather conditions, farmer planting decisions, governmental policies with respect to agriculture and international trade and global demand and supply.
	To minimize the risk and the volatility of commodity prices, primarily related to corn and ethanol, the Company uses various derivative instruments, including forward corn, ethanol, and distillers grains purchase and sales contracts, over-the-counter and exchange-traded futures and option contracts.  From time to time, when market conditions are appropriate and the Company has sufficient working capital available, the Company will enter into derivative contracts to hedge its exposure to price risk related to forecasted corn needs and forward corn purchase contracts.
	Management has evaluated the Company’s contracts to determine whether the contracts are derivative instruments. Certain contracts that literally meet the definition of a derivative may be exempted from derivative accounting 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.   Gains and losses on contracts designated as normal purchases or normal sales contracts are not recognized until quantities are delivered or utilized in production.
	The Company applies the normal purchase and sale exemption to forward contracts relating to ethanol and distillers grains and solubles and therefore these forward contracts are not marked to market. As of December 31, 2014, the Company was committed to sell 2.6 million gallons of ethanol and 67.4 thousand tons of distillers grains.
	Corn purchase contracts are treated as derivative financial instruments. Changes in market value of forward corn contracts, which are marked to market each period, are included in costs of goods sold.  As of December 31, 2014, the Company was committed to purchasing 4.6 million bushels of corn on a forward contract basis resulting in a total commitment of $18.2 million.
	In addition the Company was committed to purchase 0.4 million bushels of corn on basis contracts.
	The Company also enters into short-term cash, options and futures contracts as a means of managing exposure to changes in commodity prices.  The Company enters into derivative contracts to hedge the exposure to volatile commodity price fluctuations.  The Company maintains a risk management strategy that uses derivative instruments to minimize significant, unanticipated earnings fluctuations caused by market volatility.  The Company’s specific goal is to protect itself from large moves in commodity costs.  All derivatives are designated as non-hedge derivatives and the contracts will be accounted for at fair value.  Although the contracts will be effective economic hedges of specified risks, they are not designated as and accounted for as hedging instruments.
	The gains or losses are included in revenue if the contracts relate to ethanol and cost of goods sold if the contracts relate to corn.     During the three months ended December 31, 2014 and 2013, the Company recorded a combined realized and unrealized gain of $0.3 million and a loss of $2.2 million, respectively, as a component of cost of goods sold. During the three months ended December 31, 2014 and the three months ended December 31, 2013, the Company did not enter into any ethanol derivative contracts. The Company reports all contracts with the same counter-party on a net basis on the balance sheet due to a master netting agreement.
	Derivatives not designated as hedging instruments along with cash held by brokers at December 31, 2014 and September 30, 2014 at market value are as follows:
		Balance Sheet Classification		December 31, 2014				September 30, 2014
				in 000's				in 000's
	Futures and option contracts
	In gain position			$	424			$	844
	In loss position			(12		)		—
	Cash held by (due to) broker			656				(221		)
		Current asset		1,068				623
	Forward contracts, corn, related party	Current liability		793				2,707
	Net futures, options, and forward contracts			$	275			$	(2,084	)
	The net realized and unrealized gains and losses on the Company’s derivative contracts for the three months ended December 31, 2014 and 2013 consist of the following (in thousands of dollars):
				Three months ended
		Statement of Operations Classification		31-Dec-14				December 31, 2013
	Net realized and unrealized (gains) losses related to:
	Forward purchase contracts (corn)	Cost of Goods Sold		$	(1,213	)		$	1,856
	Futures and option contracts (corn)	Cost of Goods Sold		$	930			355
Inventory	Inventory
	Inventory is stated at the lower of cost or market value using the average cost method.  Market value is based on current replacement values, to the extent that it does not exceed net realizable values and it is not less than the net realizable values reduced by an allowance for normal profit margin.
Net (Loss) Per Unit	Income Per Unit
	Basic income per unit is calculated by dividing net income by the weighted average units outstanding for each period. Diluted income per unit is calculated by dividing income adjusted for interest on the convertible debt by the sum of the weighted average units outstanding and the weighted average dilutive units, using the treasury stock method. In addition the diluted weighted average units includes dilutive units from the put option using the reverse treasury stock method. Units from convertible term notes are considered unit equivalents and are considered in the diluted income per unit computation. Basic earnings and diluted per unit data were computed as follows (in thousands except per unit data):
		Three Months Ended
		31-Dec-14				31-Dec-13
	Numerator:
	Net income for basic earnings per unit	$	9,828			$	10,860
	Interest expense on convertible term note	399				733
	Net income for diluted earnings per unit	$	10,227			$	11,593
	Denominator:
	Weighted average units outstanding - basic	13,327				13,144
	Weighted average units outstanding - diluted	21,415				25,516
	Income per unit - basic	$	737.45			$	826.23
	Income per unit - diluted	$	477.56			$	454.34
Fair Value Of Financial Instruments	Fair value of financial instruments
	The carrying amounts of cash and cash equivalents, derivative financial instruments, accounts receivable, accounts payable and accrued expenses approximate fair value due to the short term nature of these instruments. The carrying amount of the bank debt approximates fair value, as the interest rate is a floating rate, and the debt was issued in June 2014.

Summary_Of_Significant_Account2

Summary Of Significant Accounting Policies (Tables)	3 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]
		Three Months Ended
		31-Dec-14				31-Dec-13
	Numerator:
	Net income for basic earnings per unit	$	9,828			$	10,860
	Interest expense on convertible term note	399				733
	Net income for diluted earnings per unit	$	10,227			$	11,593
	Denominator:
	Weighted average units outstanding - basic	13,327				13,144
	Weighted average units outstanding - diluted	21,415				25,516
	Income per unit - basic	$	737.45			$	826.23
	Income per unit - diluted	$	477.56			$	454.34
Schedule Of Derivatives Not Designated As Hedging Instruments	Derivatives not designated as hedging instruments along with cash held by brokers at December 31, 2014 and September 30, 2014 at market value are as follows:
		Balance Sheet Classification		December 31, 2014				September 30, 2014
				in 000's				in 000's
	Futures and option contracts
	In gain position			$	424			$	844
	In loss position			(12		)		—
	Cash held by (due to) broker			656				(221		)
		Current asset		1,068				623
	Forward contracts, corn, related party	Current liability		793				2,707
	Net futures, options, and forward contracts			$	275			$	(2,084	)
Schedule of Derivative Instruments [Table Text Block]	The net realized and unrealized gains and losses on the Company’s derivative contracts for the three months ended December 31, 2014 and 2013 consist of the following (in thousands of dollars):
				Three months ended
		Statement of Operations Classification		31-Dec-14				December 31, 2013
	Net realized and unrealized (gains) losses related to:
	Forward purchase contracts (corn)	Cost of Goods Sold		$	(1,213	)		$	1,856
	Futures and option contracts (corn)	Cost of Goods Sold		$	930			355

Inventory_Tables

Inventory (Tables)	3 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
Components Of Inventory	Inventory is comprised of the following at:
		December 31, 2014		September 30, 2014
		(000's)		(000's)
	Raw Materials - corn	$	1,616	$	2,395
	Supplies and Chemicals	2,672		2,783
	Work in Process	1,629		1,392
	Finished Goods	5,211		5,591
	Total	$	11,128	$	12,161

Members_Equity_Capital_Units_b

Members' Equity Capital Units by Class (Tables)	3 Months Ended
	Dec. 31, 2014
Equity [Abstract]
Schedule of Stockholders Equity [Table Text Block]	At December 31, 2014 outstanding member units were:
	Series A Units Outstanding	8,993
	Series B Units Outstanding	3,334
	Series C Units Outstanding	1,000

Notes_Payable_Tables

Notes Payable (Tables)	3 Months Ended
	Dec. 31, 2014
Notes Payable [Abstract]
Components Of Notes Payable	Notes payable consists of the following:
		December 31, 2014		September 30, 2014
		(000's)		(000's)
	Term Loan payable to FSCA bearing interest at LIBOR plus 3.35% (3.51% at December 31, 2014)	$	28,500	$	30,000
	Revolving Term Loan payable to FSCA bearing interest at LIBOR plus 3.35% (3.51% at December 31, 2014)	5,200		—
	Note payable to affiliate Bunge	—		19,865
	Note payable to affiliate ICM	—		6,847
	Other	197		212
		33,897		56,924
	Less Current Maturities	6,044		6,052
	Total Long Term Debt	27,853		50,872
Aggregate Maturities Of Notes Payable	The approximate aggregate maturities of notes payable as of December 31, are as follows:
	2015	$	6,044
	2016	6,153
	2017	6,000
	2018	6,000
	2019	4,500
	2020 and Thereafter	5,200
	Total	$	33,897

Fair_Value_Measurement_Tables

Fair Value Measurement (Tables)	3 Months Ended
	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]	The following table reflects the activity for liabilities measured at fair value using Level 3 inputs as of December 31, 2014:
	Balance as of September 30, 2014	$	—
	Put Option Issued December 17, 2014	4,700
	Balance as of December 31, 2014	$	4,700
Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis	The following table summarizes financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2014 and September 30, 2014, categorized by the level of the valuation inputs within the fair value hierarchy:
		December 31, 2014
		Level 1		Level 2		Level 3
	Assets:
	Derivative financial instruments	$	424	—		$	—
	Liabilities:
	Derivative financial instruments	12		793		—
	Put option liability	—		—		4,700
		September 30, 2014
		Level 1		Level 2		Level 3
	Assets:
	Derivative financial instruments	$	844	$	—	$	—
	Liabilities:
	Derivative financial instruments	—		2,707		—
Financial Instruments Subject to Mandatory Redemption Disclosure [Table Text Block]	The following table summarizes the assumptions used in computing the fair value of the put options subject to fair value accounting at the date of issue during the three months ended December 31, 2014
	Put option assumptions:
	Expected dividend yield	—	%
	Risk-free interest rate	0.62	%
	Expected volatility	50	%
	Expected life (years)	2
	Exercise price	$10,897
	Company stock price	$7,250

Nature_Of_Business_Details

Nature Of Business (Details)	3 Months Ended
	Dec. 31, 2014
	gal
Nature Of Business [Abstract]
Production, Number Of Gallons	125,000,000

Summary_Of_Significant_Account3

Summary Of Significant Accounting Policies (Narrative) (Details) (USD $)	3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
	T
	gal
	bu
Summary Of Significant Accounting Policies [Line Items]
Allowance for Doubtful Accounts Receivable	$0	$0
Forward Contracts, Corn, Hedged Basis	4,600,000
Production, Number Of Gallons	125,000,000
Sale of ethanol (in gallons)	2,600,000
Debt Instrument, Convertible, Interest Expense	399,000	733,000
Net Income (Loss) Available to Common Stockholders, Basic	9,828,000	10,860,000
Net Income (Loss) Available to Common Stockholders, Diluted	10,227,000	11,593,000
Weighted Average Number of Shares Outstanding, Basic	13,327	13,144
Weighted Average Number of Shares Outstanding, Diluted	21,415	25,516
Earnings Per Share, Basic	$737.45	$826.23
Earnings Per Share, Diluted	$477.56	$454.34
Sale of distillers, grains, and solubles (in tons)	67,400
Total purchase commitment of corn (in bushels)	400,000
Total purchase commitment	18,200,000
Realized & unrealized hedging (gains)	-283,000	2,211,000
Net realized and unrealized (gains) losses	283,000	-2,211,000
corn [Member] | Future And Option Contracts [Member]
Summary Of Significant Accounting Policies [Line Items]
Realized & unrealized hedging (gains)	-930,000	-355,000
Net realized and unrealized (gains) losses	930,000	355,000
ethanol [Member] | Future And Option Contracts [Member]
Summary Of Significant Accounting Policies [Line Items]
Realized & unrealized hedging (gains)	-1
Net realized and unrealized (gains) losses	$1

Summary_Of_Significant_Account4

Summary Of Significant Accounting Policies (Schedule Of Derivatives Not Designated As Hedging Instruments) (Details) (USD $)	3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Sep. 30, 2014
Summary Of Significant Accounting Policies [Line Items]
Net realized and unrealized (gains) losses	$283,000	($2,211,000)
Derivative Assets	-1,068,000		-623,000
Derivative Assets (Liabilities), at Fair Value, Net	275,000		-2,084,000
In Gain Position [Member]
Summary Of Significant Accounting Policies [Line Items]
Derivative Assets			-844,000
In loss position [Member]
Summary Of Significant Accounting Policies [Line Items]
Derivative Assets	12,000		0
Cash Held By Broker [Member]
Summary Of Significant Accounting Policies [Line Items]
Derivative Assets	-656,000		221,000
Fair Value, Inputs, Level 1 [Member]
Summary Of Significant Accounting Policies [Line Items]
Derivative Assets	-424,000		-844
Derivative Liability	12,000		0
corn [Member] | Future And Option Contracts [Member]
Summary Of Significant Accounting Policies [Line Items]
Net realized and unrealized (gains) losses	930,000	355,000
corn [Member] | Forward Contracts [Member]
Summary Of Significant Accounting Policies [Line Items]
Net realized and unrealized (gains) losses	-1,213,000	1,856,000
Derivative Liability			$2,707,000

Summary_Of_Significant_Account5

Summary Of Significant Accounting Policies (Schedule Of Property And Equipment) (Details) (USD $)	3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]
Allowance for Doubtful Accounts Receivable	$0	$0
Gain (Loss) on Derivative Instruments Held for Trading Purposes, Net	283,000	-2,211,000
Building [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	40 years
Process Equipment - Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	10 years
Process Equipment - Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	20 years
Office Equipment - Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Office Equipment - Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	7 years
ethanol [Member] | Future And Option Contracts [Member]
Property, Plant and Equipment [Line Items]
Gain (Loss) on Derivative Instruments Held for Trading Purposes, Net	$1

Inventory_Components_Of_Invent

Inventory (Components Of Inventory) (Details) (USD $)	Dec. 31, 2014	Sep. 30, 2014
In Thousands, unless otherwise specified
Inventory Disclosure [Abstract]
Raw Materials - corn	$1,616	$2,395
Supplies and Chemicals	2,672	2,783
Work in Process	1,629	1,392
Finished Goods	5,211	5,591
Inventory	$11,128	$12,161

Members_Equity_Narrative_Detai

Members' Equity (Narrative) (Details) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Sep. 30, 2014
Members' capital, units outstanding	13,327
Interest Paid	$711	$969
Capital Unit, Class A [Member]
Members' capital, units outstanding	8,993
Capital Unit, Class B [Member]
Members' capital, units outstanding	3,334
Capital Unit Class C [Member]
Members' capital, units outstanding	1,000

Revolving_LoanCredit_Agreement1

Revolving Loan/Credit Agreements (AgStar and Bunge) (Narrative) (Details) (USD $)	3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Sep. 30, 2014
Debt Instrument [Line Items]
Long-term Debt	$33,897,000		$56,924,000
Capital Leases Payable [Member]
Debt Instrument [Line Items]
Fixed interest rate	3.09%
Note Payable - Bunge, N.A. [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum	7.50%
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum	10.50%
Variable interest rate	7.90%
Line of Credit Facility, Amount Outstanding	0
Debt Instrument, Description of Variable Rate Basis	LIBOR plus 7.50 to 10.5%
Bunge [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum	6.25%
Debt Instrument, Increase, Accrued Interest	297,000	742,000
Variable interest rate	6.48%
Line of Credit Facility, Amount Outstanding			19,865,000
Debt Instrument, Description of Variable Rate Basis	LIBOR plus 6.25%
Note Payable - ICM (Member)
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum	7.50%
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum	10.50%
Debt Instrument, Increase, Accrued Interest	102,000	256,000
Variable interest rate	7.90%
Line of Credit Facility, Amount Outstanding	0		6,847,000
Debt Instrument, Description of Variable Rate Basis	LIBOR plus 7.50 to 10.5%
FSCA [Member]
Debt Instrument [Line Items]
Term Loan	30,000,000
Term Revolver, Face Amount	36,000,000
Debt Instrument, Periodic Payment, Principal	1,500,000
Debt Instrument, Periodic Principal Reduction	6,000,000
Line of Credit Facility, Amount Outstanding	5,200,000
Line of Credit Facility, Remaining Borrowing Capacity	$30,800,000

Revolving_LoanCredit_Agreement2

Revolving Loan/Credit Agreements (ICM) (Narrative) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Sep. 30, 2014
Debt Instrument [Line Items]
Long-term Debt	$33,897		$56,924
Gains (Losses) on Extinguishment of Debt	4,700	0
ICM [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum	6.25%
Debt Instrument, Description of Variable Rate Basis	LIBOR plus 6.25%
Note Payable - ICM (Member)
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum	7.50%
Debt Instrument, Description of Variable Rate Basis	LIBOR plus 7.50 to 10.5%
Line of Credit Facility, Amount Outstanding	0		6,847
Accrued interest	$102	$256

Notes_Payable_Components_Of_No

Notes Payable (Components Of Notes Payable) (Details) (USD $)	3 Months Ended
	Dec. 31, 2014	Sep. 30, 2014
Notes Payable [Line Items]
Long-term Debt	$33,897,000	$56,924,000
Less current maturities	-6,044,000	-6,052,000
Total long term debt	27,853,000	50,872,000
FSCA [Member]
Notes Payable [Line Items]
Line of Credit Facility, Amount Outstanding	5,200,000
Term Loan	30,000,000
Term Revolver, Face Amount	36,000,000
Debt Instrument, Periodic Payment, Principal	1,500,000
FSCA - Term Facility [Member]
Notes Payable [Line Items]
Reference rate	LIBOR plus 3.35%
Bearing interest rate	3.50%
Stated interest rate, minimum	3.35%
ICM [Member]
Notes Payable [Line Items]
Reference rate	LIBOR plus 6.25%
Bearing interest rate	6.48%
Stated interest rate, minimum	6.25%
Term Loan payable to FSCA bearing interest at LIBOR plus 3.35% (3.51% at December 31, 2014)
Notes Payable [Line Items]
Line of Credit Facility, Amount Outstanding	28,500,000	30,000,000
Line of Credit Facility, Amount Outstanding	300,000
Debt Instrument, Periodic Payment, Principal	2,500
Other
Notes Payable [Line Items]
Line of Credit Facility, Amount Outstanding	197,000	212,000
Reference rate	LIBOR plus 7.50 to 10.5%
Bearing interest rate	7.90%
Stated interest rate, minimum	7.50%
Stated interest rate, maximum	10.50%
Bunge [Member]
Notes Payable [Line Items]
Line of Credit Facility, Amount Outstanding		19,865,000
Reference rate	LIBOR plus 6.25%
Bearing interest rate	6.48%
Stated interest rate, minimum	6.25%
Term Facility, 1 - AgStar [Member]
Notes Payable [Line Items]
Reference rate	LIBOR plus 4.45% with a 6.00% floor
Bearing interest rate	6.00%
Stated interest rate, minimum	4.45%
Stated interest rate, maximum	6.00%
Term Facility, 2 - AgStar [Member]
Notes Payable [Line Items]
Bearing interest rate	6.00%
Term Revolver - AgStar [Member]
Notes Payable [Line Items]
Reference rate	LIBOR plus 4.45% with a 6.00% floor
Bearing interest rate	6.00%
Stated interest rate, minimum	4.45%
Stated interest rate, maximum	6.00%
FSCA [Member]
Notes Payable [Line Items]
Term Loan	$5,200,000	$0
Term Revolver - Bunge [Member]
Notes Payable [Line Items]
Reference rate	LIBOR plus 7.50 to 10.5% with a floor of 3.00%
Bearing interest rate	7.90%
Stated interest rate, minimum	7.50%
Stated interest rate, maximum	10.50%
Debt Instrument, Interest Rate, Slated Percentage Rate Range, Floor	3.00%
Revolving Line of Credit - AgStar [Member]
Notes Payable [Line Items]
Reference rate	LIBOR plus 4.45% with a floor of 6.00%
Bearing interest rate	6.00%
Stated interest rate, minimum	4.45%
Stated interest rate, maximum	6.00%
FSCA - Term Revolver [Member]
Notes Payable [Line Items]
Reference rate	LIBOR plus 3.35%
Bearing interest rate	3.50%
Stated interest rate, minimum	3.35%

Notes_Payable_Aggregate_Maturi

Notes Payable (Aggregate Maturities Of Notes Payable) (Details) (USD $)	Dec. 31, 2014	Sep. 30, 2014
In Thousands, unless otherwise specified
Debt Disclosure [Abstract]
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months	$6,044
Long-term Debt, Maturities, Repayments of Principal in Year Two	6,153
Long-term Debt, Maturities, Repayments of Principal in Year Three	6,000
Long-term Debt, Maturities, Repayments of Principal in Year Four	6,000
Long-term Debt, Maturities, Repayments of Principal in Year Five	4,500
Long-term Debt, Maturities, Repayments of Principal after Year Five	5,200
Total	$33,897	$56,924

Fair_Value_Measurement_Financi

Fair Value Measurement (Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Details) (USD $)	3 Months Ended
	Dec. 31, 2014	Sep. 30, 2014
Derivative [Line Items]
Derivative Assets	$1,068,000	$623,000
Warrants Not Settleable in Cash, Fair Value Disclosure	4,700,000	0
Warrants and rights outstanding, expected yield	0.00%
Warrants and rights outstanding, risk-free interest rate	0.62%
Warrants and rights outstanding, expected volatility	50.00%
Fair Value Assumptions, Expected Term	2 years
Fair Value Assumptions, Exercise Price	$10,897
Share Price	$7,250
Stock and Warrants Issued During Period, Value, Preferred Stock and Warrants	4,700,000
Level 1 [Member]
Derivative [Line Items]
Derivative Assets	424,000	844
Liabilities: Derivative financial instruments	12,000	0
Warrants Not Settleable in Cash, Fair Value Disclosure	0
Level 2 [Member]
Derivative [Line Items]
Derivative Assets	0	0
Liabilities: Derivative financial instruments	793,000	2,707
Warrants Not Settleable in Cash, Fair Value Disclosure	0
Level 3 [Member]
Derivative [Line Items]
Derivative Assets	0	0
Liabilities: Derivative financial instruments	0	0
Warrants Not Settleable in Cash, Fair Value Disclosure	$4,700,000

Related_Party_Transactions_Bun

Related Party Transactions (Bunge) (Narrative) (Details) (USD $)	3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Related Party Transaction [Line Items]
Agreement period	120 months
Gains (Losses) on Extinguishment of Debt	($4,700,000)	$0
Bunge [Member]
Related Party Transaction [Line Items]
number of railcars, subleased	147
Gavilon [Member]
Related Party Transaction [Line Items]
number of railcars, subleased	54
Ethanol Agreement [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Expenses from Transactions with Related Party	312,000	332,000
Total Renewal Periods	1
Risk Management Services Agreement [Member]
Related Party Transaction [Line Items]
Investment from related parties
Related Party Transaction, Expenses from Transactions with Related Party		75,000
Ethanol Cars [Member]
Related Party Transaction [Line Items]
Number of railcars	325
Hopper Cars [Member]
Related Party Transaction [Line Items]
Number of railcars	300
Railcar Agreement [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Expenses from Transactions with Related Party	800,000	1,300,000
DG Agreement [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Expenses from Transactions with Related Party	305,000	511,000
Total Renewal Periods	1
Related Party Renewal Period	5 years
Grain Feedstock Agency Agreement [Member]
Related Party Transaction [Line Items]
Total Renewal Periods	1
Related Party Renewal Period	5 years
Corn Oil Agency Agreement [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Expenses from Transactions with Related Party	$67,000	$58,000
Enogen Corn [Member]
Related Party Transaction [Line Items]
Total Renewal Periods	1
Related Party Renewal Period	5 years

Related_Party_Transactions_ICM

Related Party Transactions (ICM) (Narrative) (Details) (USD $)	3 Months Ended
	Dec. 31, 2014	Sep. 30, 2014
Related Party Transaction [Line Items]
Capital Units, Outstanding	13,327
ICM [Member]
Related Party Transaction [Line Items]
Redemption Price	$10,897
Capital Unit Class C [Member]
Related Party Transaction [Line Items]
Capital Units, Outstanding	1,000
Capital Unit Class C [Member] | ICM [Member]
Related Party Transaction [Line Items]
Capital Units, Outstanding	1,000
Capital Unit, Class A [Member]
Related Party Transaction [Line Items]
Capital Units, Outstanding	8,993
Capital Unit, Class A [Member] | ICM [Member]
Related Party Transaction [Line Items]
Capital Units, Outstanding	18

Major_Customers_Details

Major Customers (Details) (Bunge [Member], USD $)	3 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Bunge [Member]
Revenue, Major Customer [Line Items]
Revenue from Related Parties	$69.80	$77.50