PBF Energy 10-Q 9 Dec 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information Document - shares	9 Months Ended
	Sep. 30, 2015	Dec. 04, 2015
Entity Information [Line Items]
Entity Registrant Name	PBF ENERGY CO LLC
Entity Central Index Key	1,645,026
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,015
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Common Stock, Shares Outstanding		0

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 471,582	$ 367,780
Accounts receivable	395,624	551,269
Inventories	1,101,182	1,102,261
Prepaid expense and other current assets	71,398	32,452
Total current assets	2,039,786	2,053,762
Property, plant and equipment, net	1,960,149	1,936,839
Marketable securities	234,249	234,930
Deferred charges and other assets, net	311,420	332,669
Total assets	4,545,604	4,558,200
Current liabilities:
Accounts payable	212,772	335,268
Accrued expenses	908,498	1,130,905
Deferred revenue	4,174	1,227
Total current liabilities	1,125,444	1,467,400
Delaware Economic Development Authority loan	8,000	8,000
Long-term debt	1,373,122	1,252,349
Intercompany note payable	134,358	109,754
Other long-term liabilities	63,119	62,750
Total liabilities	$ 2,704,043	$ 2,900,253
Commitments and contingencies (Note 9)
Equity:
Treasury units, at cost	$ (150,804)	$ (142,731)
Retained earnings/(Accumulated deficit)	702,448	528,942
Accumulated other comprehensive loss	(25,561)	(26,876)
Total PBF Energy Company LLC equity	1,499,518	1,316,468
Noncontrolling interest in PBFX	336,933	336,369
Total equity	1,836,451	1,652,837
Total liabilities, Series B units and equity	4,545,604	4,558,200
Series B Units [Member]
Current liabilities:
Temporary Equity, Carrying Amount, Attributable to Parent	5,110	5,110
Series A Units [Member]
Equity:
Common units	50,847	91,179
Series C Units [Member]
Equity:
Common units	922,588	$ 865,954
Treasury units, at cost	$ (150,804)

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - shares	Sep. 30, 2015	Dec. 31, 2014
Series B Units [Member]
Common units issued (in shares)	1,000,000	1,000,000
Common units outstanding (in shares)	1,000,000	1,000,000
Series A Units [Member]
Common units issued (in shares)	5,111,358	9,170,696
Common units outstanding (in shares)	5,111,358	9,170,696
Series C Units [Member]
Common units issued (in shares)	85,893,850	81,981,119
Common units outstanding (in shares)	85,893,850	81,981,119

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Statement [Abstract]
Revenues	$ 3,217,640	$ 5,260,003	$ 9,763,440	$ 15,308,155
Cost and expenses:
Cost of sales, excluding depreciation	2,822,444	4,670,908	8,319,404	13,754,048
Operating expenses, excluding depreciation	203,860	202,625	635,948	682,246
General and administrative expenses	50,808	37,307	125,431	106,947
(Gain) loss on sale of assets	(142)	18	(1,133)	(162)
Depreciation and amortization expense	48,133	68,010	144,401	135,887
Total cost and expenses	3,125,103	4,978,868	9,224,051	14,678,966
Income from operations	92,537	281,135	539,389	629,189
Other income (expenses):
Change in fair value of catalyst leases	4,994	5,543	8,982	1,204
Interest expense, net	(29,360)	(24,855)	(80,183)	(76,728)
Net income	68,171	261,823	468,188	553,665
Less: net income attributable to noncontrolling interests	9,381	4,637	26,608	7,328
Net income attributable to PBF Energy Company LLC	$ 58,790	$ 257,186	$ 441,580	$ 546,337

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 68,171	$ 261,823	$ 468,188	$ 553,665
Other comprehensive income:
Unrealized (loss) gain on available for sale securities	119	(160)	115	(75)
Net gain on pension and other postretirement benefits	400	242	1,200	691
Total other comprehensive income	519	82	1,315	616
Comprehensive income	68,690	261,905	469,503	554,281
Less: comprehensive income attributable to noncontrolling interests	9,381	4,637	26,608	7,328
Comprehensive income attributable to PBF Energy Company LLC	$ 59,309	$ 257,268	$ 442,895	$ 546,953

Condensed Consolidated Stateme6

Condensed Consolidated Statement of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Net income	$ 468,188	$ 553,665
Adjustments to reconcile net income to net cash provided by (used in) operations:
Depreciation and amortization	151,509	141,547
Stock-based compensation	8,757	5,377
Change in fair value of catalyst lease obligations	(8,982)	(1,204)
Non-cash change in inventory repurchase obligations	53,370	(31,602)
Pension and other post retirement benefit costs	19,340	16,462
Gain on disposition of property, plant and equipment	(1,133)	(162)
Change in non-cash lower of cost or market adjustment	81,147	0
Changes in current assets and current liabilities:
Accounts receivable	155,645	(101,752)
Inventories	(110,830)	(378,538)
Prepaid expenses and other current assets	(38,946)	25,104
Accounts payable	(122,496)	(76,008)
Accrued expenses	(331,617)	269,687
Deferred revenue	2,947	(6,017)
Other assets and liabilities	(21,959)	(15,616)
Net cash provided by operations	304,940	400,943
Cash flow from investing activities:
Expenditures for property, plant and equipment	(288,909)	(258,875)
Expenditures for deferred turnaround costs	(39,725)	(58,423)
Expenditures for other assets	(7,275)	(13,446)
Purchase of marketable securities	(1,609,286)	(1,188,906)
Maturities of marketable securities	1,609,983	923,996
Proceeds from sale of assets	168,270	74,343
Net cash used in investing activities	(166,942)	(521,311)
Cash flows from financing activities:
Proceeds from issuance of PBFX common units, net of underwriters' discount and commissions	0	340,957
Offering costs for issuance of PBFX common units	0	(5,000)
Distributions to PBFX unit holders	(17,082)	(2,573)
Dividend payments	(152,838)	(283,680)
Proceeds from PBFX Senior Notes	350,000	0
Proceeds from revolver borrowings	0	395,000
Repayments of revolver borrowings	0	(410,000)
Proceeds from PBFX Term Loan borrowings	0	300,000
Repayments of PBFX Term Loan borrowings	(700)	(35,100)
Proceeds from intercompany loan from PBF Energy Inc.	71,904	91,660
Repayments of Related Party Debt	(47,300)	0
Purchases of treasury stock	(8,073)	(32,593)
Deferred financing costs and other	(9,644)	(13,905)
Net cash (used in) provided by financing activities	(34,196)	520,791
Net increase in cash and cash equivalents	103,802	400,423
Cash and equivalents, beginning of period	367,780	76,970
Cash and equivalents, end of period	471,582	477,393
Non-cash activities:
Conversion of Delaware Economic Development Authority loan to grant	0	4,000
Accrued distributions	115,228	0
Accrued construction in progress and unpaid fixed assets	4,670	65,193
PBFX Revolving Credit Facility [Member]
Cash flows from financing activities:
Proceeds from revolver borrowings	24,500	140,100
Repayments of revolver borrowings	(275,100)	0
Rail Facility [Member]
Cash flows from financing activities:
Proceeds from revolver borrowings	102,075	35,925
Repayments of revolver borrowings	$ (71,938)	$ 0

DESCRIPTION OF THE BUSINESS AND

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION	DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION Description of the Business PBF Energy Company LLC ("PBF LLC" or the "Company"), a Delaware limited liability company, together with its consolidated subsidiaries, owns and operates oil refineries and related facilities in North America. PBF Energy Inc. ("PBF Energy") is the sole managing member of, and owner and of an equity interest representing approximately 94.4% of the outstanding economic interest in, PBF LLC as of September 30, 2015 , with the remaining economic interests were held by the members of PBF LLC, other than PBF Energy. PBF Holding Company LLC ("PBF Holding") is a wholly-owned subsidiary of PBF LLC. Delaware City Refining Company LLC ("Delaware City Refining" or "DCR"), Delaware Pipeline Company LLC, PBF Power Marketing LLC, PBF Energy Limited, Paulsboro Refining Company LLC, Paulsboro Natural Gas Pipeline Company LLC and Toledo Refining Company LLC are PBF LLC’s principal operating subsidiaries and are all wholly-owned subsidiaries of PBF Holding. As of September 30, 2015, PBF LLC also holds a 53.7% limited partner interest and all of the incentive distribution rights in PBF Logistics LP ("PBFX" or the "Partnership"), a publicly traded master limited partnership (refer to Note 2 "PBF Logistics LP" of our Notes to Condensed Consolidated Financial Statements). PBF Logistics GP LLC (“PBF GP”) owns the noneconomic general partner interest and serves as the general partner of PBFX and is wholly-owned by PBF LLC. Collectively, PBF LLC and its consolidated subsidiaries, including PBF Holding and PBFX are referred to hereinafter as the "Company" unless the context otherwise requires. On February 6, 2015, PBF Energy completed a public offering of 3,804,653 shares of Class A common stock in a secondary offering (the "February 2015 secondary offering"). All of the shares in the February 2015 secondary offering were sold by funds affiliated with Blackstone Group L.P., or Blackstone, and First Reserve Management, L.P., or First Reserve. In connection with the February 2015 secondary offering, Blackstone and First Reserve exchanged all of their remaining PBF LLC Series A Units for an equivalent number of shares of Class A common stock of PBF Energy, and as a result, Blackstone and First Reserve no longer hold any PBF LLC Series A Units or shares of PBF Energy Class A Common stock. The holders of PBF LLC Series B Units, which include certain executive officers of PBF Energy and others, received a portion of the proceeds of the sale of the PBF Energy Class A common stock by Blackstone and First Reserve in accordance with the amended and restated limited liability company agreement of PBF LLC. PBF Energy did not receive any proceeds from the February 2015 secondary offering. As of September 30, 2015 , PBF Energy owns 85,893,850 PBF LLC Series C Units and PBF Energy's executive officers and directors and certain employees and others beneficially own 5,111,358 PBF LLC Series A Units. As of September 30, 2015 , the holders of PBF Energy's issued and outstanding shares of Class A common stock have 94.4% of the voting power in PBF Energy and the members of PBF LLC, other than PBF Energy, through their holdings of Class B common stock have the remaining 5.6% of the voting power in PBF Energy. Substantially all of the Company’s operations are in the United States. The Company operates in two reportable business segments: Refining and Logistics. The Company’s three oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products, and are aggregated into the Refining segment. PBFX is a publicly traded master limited partnership that was formed to operate logistical assets such as crude oil and refined petroleum products terminals, pipelines, and storage facilities. PBFX's operations are aggregated into the Logistics segment. To generate earnings and cash flows from operations, the Company is primarily dependent upon processing crude oil and selling refined petroleum products at margins sufficient to cover fixed and variable costs and other expenses. Crude oil and refined petroleum products are commodities; and factors largely out of the Company’s control can cause prices to vary over time. The potential margin volatility can have a material effect on the Company’s financial position, earnings and cash flow. Basis of Presentation The unaudited condensed consolidated financial information furnished herein reflects all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, considered necessary for a fair presentation of the financial position and the results of operations and cash flows of the Company for the periods presented. All intercompany accounts and transactions have been eliminated in consolidation. These unaudited condensed consolidated financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") for interim financial information. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. These interim condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements included in the prospectus dated October 30, 2015, as filed with the SEC on October 30, 2015 (the “Prospectus”). The results of operations for the three and nine months ended September 30, 2015 are not necessarily indicative of the results to be expected for the full year. Recent Accounting Pronouncements In April 2015, the FASB issued ASU No. 2015-03, "Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs" ("ASU 2015-03"), which requires debt issuance costs related to a recognized debt liability to be presented on the balance sheet as a direct deduction from the debt liability rather than as an asset. The standard is effective for interim and annual periods beginning after December 15, 2015 and early adoption is permitted. The Company is currently evaluating the impact of this new standard on its consolidated financial statements and related disclosures. In August 2015, the FASB issued ASU No. 2015-14, “Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date” (“ASU 2015-14”), which defers the effective date of ASU 2014-09, “Revenue from Contracts with Customers” (“ASU 2014-09”) for all entities by one year. The guidance in ASU 2014-09 will replace most existing revenue recognition guidance in GAAP when it becomes effective. Under ASU 2015-14, this guidance becomes effective for interim and annual periods beginning after December 15, 2017 and permits the use of either the retrospective or cumulative effect transition method. Under ASU 2015-14, early adoption is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company continues to evaluate the impact of this new standard on its consolidated financial statements and related disclosures. In September 2015, the FASB issued ASU No. 2015-16, "Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments" ("ASU 2015-16"), which requires (i) that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined, (ii) that the acquirer record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date, (iii)that an entity present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. Under ASU 2015-16, this guidance becomes effective for annual periods beginning after December 15, 2016 and interim periods within annual periods beginning after December 15, 2017 with prospective application with early adoption permitted. The Company is currently evaluating the impact of this new standard on its consolidated financial statements and related disclosures.

PBF LOGISTICS LP PBF LOGISITICS

PBF LOGISTICS LP PBF LOGISITICS LP	9 Months Ended
	Sep. 30, 2015
PBF LOGISTICS LP [Abstract]
PBF Logistics LP	PBF LOGISTICS LP On May 14, 2014, PBFX completed its initial public offering (the “PBFX Offering”) of 15,812,500 common units. As of September 30, 2015 , PBF LLC holds a 53.7% limited partner interest in PBFX (consisting of 2,572,944 common units and 15,886,553 subordinated units) and all of PBFX's incentive distribution rights, with the remaining 46.3% limited partner interest held by public common unit holders. PBF LLC also owns indirectly a non-economic general partner interest in PBFX through its wholly-owned subsidiary, PBF GP, the general partner of PBFX. During the subordination period (as set forth in the partnership agreement of PBFX) holders of the subordinated units are not entitled to receive any distribution of available cash until the common units have received the minimum quarterly distribution plus any arrearages in the payment of the minimum quarterly distribution from prior quarters. If PBFX does not pay distributions on the subordinated units, the subordinated units will not accrue arrearages for those unpaid distributions. Each subordinated unit will convert into one common unit at the end of the subordination period. PBFX engages in the receiving, handling and transferring of crude oil and the receipt, storage and delivery of crude oil, refined products and intermediates. All of PBFX’s revenue is derived from long-term, fee-based commercial agreements with PBF Holding, which include minimum volume commitments, for receiving, handling and transferring crude oil and refined products and storing crude oil and refined products. PBF LLC also has agreements with PBFX that establish fees for certain general and administrative services and operational and maintenance services provided by PBF Holding to PBFX. These transactions are eliminated by PBF LLC in consolidation. PBFX’s initial assets consisted of a light crude oil rail unloading terminal at the Delaware City refinery that also services the Paulsboro refinery (which is referred to as the “Delaware City Rail Terminal”), and a crude oil truck unloading terminal at the Toledo refinery (which is referred to as the “Toledo Truck Terminal”) that are integral components of the crude oil delivery operations at all three of PBF Energy’s refineries. On September 30, 2014, PBF LLC contributed to PBFX all of the equity interests of Delaware City Terminaling Company II LLC, which assets consist solely of the Delaware City heavy crude unloading rack (the "DCR West Rack"), for total consideration of $150,000 . On December 11, 2014, PBF LLC contributed to PBFX all of the issued and outstanding limited liability company interests of Toledo Terminaling Company LLC, whose assets consist of a tank farm and related facilities located at our Toledo refinery, including a propane storage and loading facility (the "Toledo Storage Facility"), for total consideration of $150,000 . On May 14, 2015 PBF LLC contributed to PBFX all of the issued and outstanding limited liability company interests of Delaware Pipeline Company LLC ("DPC") and Delaware City Logistics Company LLC ("DCLC"), whose assets consist of a products pipeline, truck rack and related facilities located at our Delaware City refinery (collectively the "Delaware City Products Pipeline and Truck Rack"), for total consideration of $143,000 . PBFX, a variable interest entity, is consolidated by PBF LLC. PBF LLC through its ownership of PBF GP, has the sole ability to direct the activities of PBFX that most significantly impact its economic performance. PBF LLC is considered to be the primary beneficiary of PBFX for accounting purposes.

NONCONTROLLING INTEREST OF PBF

NONCONTROLLING INTEREST OF PBF ENERGY AND PBFX	9 Months Ended
	Sep. 30, 2015
Noncontrolling Interest [Abstract]
NONCONTROLLING INTEREST OF PBF ENERGY AND PBFX	NONCONTROLLING INTEREST OF PBF ENERGY AND PBFX Noncontrolling Interest in PBFX PBF LLC holds a 53.7% limited partner interest in PBFX and owns all of PBFX’s incentive distribution rights, with the remaining 46.3% limited partner interest owned by public common unit holders as of September 30, 2015 . PBF LLC is also the sole member of PBF GP, the general partner of PBFX. PBF LLC consolidates the financial results of PBFX, and records a noncontrolling interest for the economic interest in PBFX held by the public common unit holders. Noncontrolling interest on the consolidated statements of operations includes the portion of net income or loss attributable to the economic interest in PBFX held by the public common unit holders of PBFX other than PBF LLC. Noncontrolling interest on the consolidated balance sheets includes the portion of net assets of PBFX attributable to the public common unit holders of PBFX. The noncontrolling interest ownership percentage of PBFX as of September 30, 2015 and December 31, 2014, is calculated as follows: Units of PBFX Held by the Public Units of PBFX Held by PBF LLC (Including Subordinated Units) Total December 31, 2014 15,812,500 17,171,077 32,983,577 47.9 % 52.1 % 100.0 % September 30, 2015 15,893,313 18,459,497 34,352,810 46.3 % 53.7 % 100.0 % The following table summarizes the changes in equity for the controlling and noncontrolling interests of PBF LLC for the nine months ended September 30, 2015 and 2014 : PBF Energy Company LLC Equity Noncontrolling Total Equity Balance at January 1, 2015 $ 1,316,468 $ 336,369 $ 1,652,837 Comprehensive income 442,895 26,608 469,503 Dividends and distributions (268,066 ) (17,082 ) (285,148 ) Issuance of additional PBFX common units 11,390 (11,390 ) — Stock-based compensation 6,329 2,428 8,757 Exercise of PBF LLC options and warrants, net and other (1,425 ) — (1,425 ) Purchase of treasury stock (8,073 ) — (8,073 ) Balance at September 30, 2015 $ 1,499,518 $ 336,933 $ 1,836,451 PBF Energy Company LLC Equity Noncontrolling Total Equity Balance at January 1, 2014 $ 1,779,710 $ — $ 1,779,710 Comprehensive income 546,953 7,328 554,281 Dividends and distributions (283,680 ) (2,573 ) (286,253 ) Issuance of additional PBFX common units 4,249 (4,249 ) — Stock-based compensation 4,724 653 5,377 Record noncontrolling interest upon completion of the PBFX Offering — 335,957 335,957 Exercise of PBF LLC options and warrants, net and other 2,477 — 2,477 Purchase of treasury stock (32,593 ) — (32,593 ) Balance at September 30, 2014 $ 2,021,840 $ 337,116 $ 2,358,956

INVENTORIES

INVENTORIES	9 Months Ended
	Sep. 30, 2015
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES Inventories consisted of the following: September 30, 2015 Titled Inventory Inventory Supply and Intermediation Arrangements Total Crude oil and feedstocks $ 954,744 $ 21,288 $ 976,032 Refined products and blendstocks 545,279 310,238 855,517 Warehouse stock and other 40,890 — 40,890 $ 1,540,913 $ 331,526 $ 1,872,439 Lower of cost or market reserve (662,638 ) (108,619 ) (771,257 ) Total inventories $ 878,275 $ 222,907 $ 1,101,182 December 31, 2014 Titled Inventory Inventory Supply and Intermediation Arrangements Total Crude oil and feedstocks $ 918,756 $ 61,122 $ 979,878 Refined products and blendstocks 520,308 255,459 775,767 Warehouse stock and other 36,726 — 36,726 $ 1,475,790 $ 316,581 $ 1,792,371 Lower of cost or market reserve (609,774 ) (80,336 ) (690,110 ) Total inventories $ 866,016 $ 236,245 $ 1,102,261 Inventory under inventory supply and intermediation arrangements includes certain crude oil stored at the Company’s Delaware City refinery's storage facilities that the Company will purchase as it is consumed in connection with its crude supply agreement; and intermediates and light finished products sold to counterparties in connection with the intermediation agreements and stored in the Paulsboro and Delaware City refineries' storage facilities. Due to the lower crude oil and refined product pricing environment at the end of 2014 and into the third quarter of 2015, the Company recorded adjustments to value its inventories to the lower of cost or market. During the three months ended September 30, 2015 , the Company recorded an adjustment to value its inventories to the lower of cost or market which decreased both operating income and net income by $208,313 reflecting the net change in the lower of cost or market inventory reserve from $562,944 at June 30, 2015 to $771,257 at September 30, 2015 . During the nine months ended September 30, 2015 , the Company recorded an adjustment to value its inventories to the lower of cost or market which decreased both operating income and net income by $81,147 reflecting the net change in the lower of cost or market inventory reserve from $690,110 at December 31, 2014 to $771,257 at September 30, 2015 .

DEFERRED CHARGES AND OTHER ASSE

DEFERRED CHARGES AND OTHER ASSETS, NET	9 Months Ended
	Sep. 30, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
DEFERRED CHARGES AND OTHER ASSETS, NET	DEFERRED CHARGES AND OTHER ASSETS, NET Deferred charges and other assets, net consisted of the following: September 30, December 31, Deferred turnaround costs, net $ 183,618 $ 204,987 Catalyst, net 71,516 77,322 Deferred financing costs, net 34,495 32,280 Linefill 10,230 10,230 Restricted cash 1,500 1,521 Intangible assets, net 231 357 Other 9,830 5,972 Total deferred charges and other assets, net $ 311,420 $ 332,669

ACCRUED EXPENSES

ACCRUED EXPENSES	9 Months Ended
	Sep. 30, 2015
Payables and Accruals [Abstract]
ACCRUED EXPENSES	ACCRUED EXPENSES Accrued expenses consisted of the following: September 30, December 31, Inventory-related accruals $ 407,678 $ 588,297 Inventory supply and intermediation arrangements 212,930 253,549 Accrued distribution 115,228 — Accrued transportation costs 49,548 59,959 Accrued salaries and benefits 37,766 56,117 Excise and sales tax payable 20,430 40,444 Accrued interest 20,100 23,127 Accrued utilities 9,633 22,337 Customer deposits 8,910 24,659 Accrued construction in progress 4,634 31,452 Renewable energy credit obligations — 286 Other 21,641 30,678 Total accrued expenses $ 908,498 $ 1,130,905 The Company has the obligation to repurchase certain intermediates and finished products that are held in the Company’s refinery storage tanks at the Delaware City and Paulsboro refineries in accordance with the Inventory Intermediation Agreements with J. Aron & Company, a subsidiary of The Goldman Sachs Group, Inc. ("J. Aron"). A liability is recognized for the Inventory supply and intermediation arrangements and is recorded at market price for the J. Aron owned inventory held in the Company's storage tanks under the Inventory Intermediation Agreements, with any change in the market price being recorded in cost of sales. The Company has the obligation to purchase and sell feedstocks under a supply agreement with Statoil Marketing and Trading (US) Inc. ("Statoil") for its Delaware City refinery (the “Crude Supply Agreement”). Statoil purchases the refinery's production of certain feedstocks or purchases feedstocks from third parties on the refineries' behalf. Legal title to the feedstocks is held by Statoil and the feedstocks are held in the refinery's storage tanks until they are needed for further use in the refining process. At that time, the products are drawn out of the storage tanks and purchased by the refinery. These purchases and sales are settled monthly at the daily market prices related to those products. These transactions are considered to be made in contemplation of each other and, accordingly, do not result in the recognition of a sale when title passes from the refinery to Statoil. Inventory remains at cost and the net cash receipts result in a liability. The Company is subject to obligations to purchase Renewable Identification Numbers ("RINs") required to comply with the Renewable Fuels Standard. The Company's overall RINs obligation is based on a percentage of domestic shipments of on-road fuels as established by the Environmental Protection Agency ("EPA"). To the degree the Company is unable to blend the required amount of biofuels to satisfy its RINs obligation, RINs must be purchased on the open market to avoid penalties and fines. The Company records its RINs obligation on a net basis in Accrued Expenses when its RINs liability is greater than the amount of RINs earned and purchased in a given period and in Prepaid expenses and other current assets when the amount of RINs earned and purchased is greater than the RINs liability.

CREDIT FACILITIES

CREDIT FACILITIES	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
CREDIT FACILITIES	CREDIT FACILITIES On April 29, 2015, PBF Rail Logistics LLC ("PBF Rail"), an indirect wholly-owned subsidiary of PBF Holding, entered into the First Amendment to Loan Agreement (as amended, the “Rail Facility”) among Credit Agricole Corporate + Investment Bank as Administrative Agent, Deutsche Bank Trust Company Americas as Collateral Agent, DVB Bank SE as Syndication Agent, ING Bank, a branch of ING-DiBa AG as Documentation Agent and certain other Continuing Lenders, as defined in the agreement. The primary purpose of the Rail Facility is to fund the acquisition by PBF Rail of coiled and insulated crude tank cars and non-coiled and non-insulated general purpose crude tank cars. The amendments to the Rail Facility include the extension of the maturity to April 29, 2017, the reduction of the total commitment from $250,000 to $150,000 , and the reduction of the commitment fee on the unused portion of the Rail Facility. On May 12, 2015, PBFX entered into an indenture among the Partnership, PBF Logistics Finance Corporation, a Delaware corporation and wholly-owned subsidiary of the Partnership ("PBF Logistics Finance," and together with the Partnership, the "Issuers"), the Guarantors named therein (certain subsidiaries of PBFX) and Deutsche Bank Trust Company Americas, as Trustee, under which the Issuers issued $350,000 in aggregate principal amount of 6.875% Senior Notes due 2023 (the "PBFX Senior Notes"). PBF LLC has provided a limited guarantee of collection of the principal amount of the PBFX Senior Notes, but is not otherwise subject to the covenants of the indenture. Of the $350,000 aggregate PBFX Senior Notes, $19,910 were purchased by certain of PBF Energy’s officers and directors and their affiliates and family members pursuant to a separate private placement transaction. After deducting offering expenses, PBFX received net proceeds of approximately $343,000 from the PBFX Senior Notes offering. PBF LLC, exclusive of its consolidating subsidiaries, provides a limited guarantee of collection of the principal amount of the PBFX Senior Notes. Under the PBF LLC parent company limited guarantee, PBF LLC would not have any obligation to make principal payments with respect to the notes unless all remedies, including in the context of bankruptcy proceedings, have first been fully exhausted against PBFX with respect to such payment obligation, and holders of the PBFX Senior Notes are still owed amounts in respect of the principal of the notes. PBF LLC is not otherwise subject to the covenants of the indenture governing the notes. As a result of the limited guarantee the following PBF LLC parent company balance sheets and statements of operations support the limited guarantee of collection. PBF ENERGY COMPANY LLC (PARENT COMPANY) BALANCE SHEETS (in thousands) September 30, December 31, ASSETS Current assets: Cash and cash equivalents $ 83,924 $ 135,210 Due from related parties 268,090 — Other current assets 15,234 — Total current assets 367,248 135,210 Intercompany note receivable 18,178 12,510 Investment in subsidiaries 1,235,039 1,173,854 Total assets $ 1,620,465 $ 1,321,574 LIABILITIES AND EQUITY Current liabilities: Due to related parties $ 115,228 $ — Total equity 1,505,237 1,321,574 Total liabilities and equity $ 1,620,465 $ 1,321,574 PBF ENERGY COMPANY LLC (PARENT COMPANY) STATEMENT OF OPERATIONS (in thousands) Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Equity in earnings of subsidiaries $ 59,083 $ 257,191 $ 441,770 $ 546,180 Interest (expense) income (293 ) (5 ) (190 ) 157 Net income $ 58,790 $ 257,186 $ 441,580 $ 546,337

MARKETABLE SECURITIES

MARKETABLE SECURITIES	9 Months Ended
	Sep. 30, 2015
Marketable Securities [Abstract]
MARKETABLE SECURITIES	MARKETABLE SECURITIES The U.S Treasury securities purchased by the Company with the proceeds from the PBFX Offering are used as collateral to secure a three-year, $300,000 term loan facility entered into by PBFX (the "PBFX Term Loan"). PBFX anticipates holding the securities for an indefinite amount of time (the securities will be rolled over as they mature). As necessary and at the discretion of PBFX, these securities are expected to be liquidated and the proceeds used to fund future capital expenditures. While PBFX does not routinely sell marketable securities prior to their scheduled maturity dates, some of PBFX's investments may be held and restricted for the purpose of funding future capital expenditures and acquisitions, so these investments are classified as available-for-sale marketable securities as they may occasionally be sold prior to their scheduled maturity dates due to the unexpected timing of cash needs. The carrying value of these marketable securities approximates fair value and are measured using Level 1 inputs. The maturities of the marketable securities range from one to three months and are classified on the balance sheet in non-current assets. As of September 30, 2015 and December 31, 2014 , the Company held $234,249 and $234,930 , respectively, in marketable securities. The gross unrecognized holding gains and losses as of September 30, 2015 and December 31, 2014 were not material. The net realized gains or losses from the sale of marketable securities were immaterial for the three and nine months ended September 30, 2015 and 2014 .

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Environmental Matters The Company’s refineries are subject to extensive and frequently changing federal, state and local laws and regulations, including, but not limited to, those relating to the discharge of materials into the environment or that otherwise relate to the protection of the environment, waste management and the characteristics and the compositions of fuels. Compliance with existing and anticipated laws and regulations can increase the overall cost of operating the refineries, including remediation, operating costs and capital costs to construct, maintain and upgrade equipment and facilities. In connection with the Paulsboro refinery acquisition, the Company assumed certain environmental remediation obligations. The environmental liability of $10,714 recorded as of September 30, 2015 ( $10,476 as of December 31, 2014 ) represents the present value of expected future costs discounted at a rate of 8% . The current portion of the environmental liability is recorded in accrued expenses and the non-current portion is recorded in other long-term liabilities. As of September 30, 2015 and December 31, 2014 , this liability is self-guaranteed by the Company. In connection with the acquisition of the Delaware City assets, Valero Energy Corporation ("Valero") remains responsible for certain pre-acquisition environmental obligations up to $20,000 and the predecessor to Valero in ownership of the refinery retains other historical obligations. In connection with the acquisition of the Delaware City assets and the Paulsboro refinery, the Company and Valero purchased ten year, $75,000 environmental insurance policies to insure against unknown environmental liabilities at each site. In connection with the Toledo refinery acquisition, Sunoco, Inc. (R&M) ("Sunoco") remains responsible for environmental remediation for conditions that existed on the closing date for twenty years from March 1, 2011, subject to certain limitations. In 2010, New York State adopted a Low-Sulfur Heating Oil mandate that, beginning July 1, 2012, requires all heating oil sold in New York State to contain no more than 15 parts per million ("PPM") sulfur. Since July 1, 2012, other states in the Northeast market began requiring heating oil sold in their state to contain no more than 15 PPM sulfur. Currently, six Northeastern states require heating oil with 15 PPM or less sulfur. By July 1, 2016, two more states are expected to adopt this requirement and by July 1, 2018 most of the remaining Northeastern states (except for Pennsylvania and New Hampshire) will require heating oil with 15 PPM or less sulfur. All of the heating oil the Company currently produces meets these specifications. The mandate and other requirements do not currently have a material impact on the Company's financial position, results of operations or cash flows. The EPA issued the final Tier 3 Gasoline standards on March 3, 2014 under the Clean Air Act. This final rule establishes more stringent vehicle emission standards and further reduces the sulfur content of gasoline starting in January of 2017. The new standard is set at 10 PPM sulfur in gasoline on an annual average basis starting January 1, 2017, with a credit trading program to provide compliance flexibility. The EPA responded to industry comments on the proposed rule and maintained the per gallon sulfur cap on gasoline at the existing 80 PPM cap. The standards set by the new rule are not expected to have a material impact on the Company’s financial position, results of operations or cash flows. The EPA was required to release the final annual standards for the Reformulated Fuels Standard ("RFS") for 2014 no later than Nov 29, 2013 and for 2015 no later than Nov 29, 2014. The EPA did not meet these requirements but did release proposed standards for 2014. The EPA did not finalize this proposal in 2014. However, in May 2015, the EPA re-proposed annual standards for RFS 2 for 2014, and proposed new standards for 2015 and 2016 and biomass-based diesel volumes for 2017. The EPA is proposing volume requirements in the annual standards which, while below the volumes originally set by Congress, would increase renewable fuel use in the U.S. above historical levels and provide for steady growth over time. The EPA is also proposing to increase the required volume of biomass-based diesel in 2015, 2016, and 2017 while maintaining the opportunity for growth in other advanced biofuels. The EPA has solicited comments on the proposed annual standards and held public hearings on June 25, 2015. Final action on this proposal is expected by November 30, 2015. If they are issued, the final standards may have a material impact on the Company's cost of compliance with RFS 2. On September 12, 2012, the EPA issued final amendments to the New Source Performance Standards ("NSPS") for petroleum refineries, including standards for emissions of nitrogen oxides from process heaters and work practice standards and monitoring requirements for flares. The Company has evaluated the impact of the regulation and amended standards on its refinery operations and currently does not expect the cost to comply to be material. In addition, the EPA published a Final Rule to the Clean Water Act ("CWA") Section 316(b) in August 2014 regarding cooling water intake structures which includes requirements for petroleum refineries. The purpose of this rule is to prevent fish from being trapped against cooling water intake screens (impingement) and to prevent fish from being drawn through cooling water systems (entrainment). Facilities will be required to implement Best Technology Available (BTA) as soon as possible, but state agencies have the discretion to establish implementation time lines. The Company continues to evaluate the impact of this regulation, and at this time does not anticipate it having a material impact on the Company’s financial position, results of operations or cash flows. The Delaware City Rail Terminal and DCR West Rack are collocated with the Delaware City refinery, and are located in Delaware's coastal zone where certain activities are regulated under the Delaware Coastal Zone act. On June 14, 2013, two administrative appeals were filed by the Sierra Club and Delaware Audubon (collectively the "Appellants") regarding an air permit Delaware City Refining obtained to allow loading of crude oil onto barges. The appeals allege that both the loading of crude oil onto barges and the operation of the Delaware City Rail Terminal violate Delaware’s Coastal Zone Act. The first appeal is Number 2013-1 before the State Coastal Zone Industrial Control Board (the “CZ Board”), and the second appeal is before the Environmental Appeals Board (the "EAB") and appeals Secretary’s Order No. 2013-A-0020. The CZ Board held a hearing on the first appeal on July 16, 2013, and ruled in favor of Delaware City Refining and the State of Delaware and dismissed the Appellants’ appeal for lack of standing. The Appellants appealed that decision to the Delaware Superior Court, New Castle County, Case No. N13A-09-001 ALR, and Delaware City Refining and the State of Delaware filed cross-appeals. A hearing on the second appeal before the EAB, case no. 2013-06, was held on January 13, 2014, and the EAB ruled in favor of Delaware City Refining and the State and dismissed the appeal for lack of jurisdiction. The Appellants also filed a Notice of Appeal with the Superior Court appealing the EAB’s decision. On March 31, 2015 the Superior Court affirmed the decisions by both the CZ Board and the EAB stating they both lacked jurisdiction to rule on the Appellants' appeal. The Appellants appealed to the Delaware Supreme Court, and, on November 5, 2015, the Delaware Supreme Court affirmed the Superior Court decision. The Company is also currently subject to certain other existing environmental claims and proceedings. The Company believes that there is only a remote possibility that future costs related to any of these other known contingent liability exposures would have a material impact on its financial position, results of operations or cash flows. PBF LLC Limited Liability Company Agreement The holders of limited liability company interests in PBF LLC, including PBF Energy, generally have to include for purposes of calculating their U.S. federal, state and local income taxes their share of any taxable income of PBF LLC, regardless of whether such holders receive cash distributions from PBF LLC. PBF Energy ultimately may not receive cash distributions from PBF LLC equal to its share of such taxable income or even equal to the actual tax due with respect to that income. For example, PBF LLC is required to include in taxable income PBF LLC’s allocable share of PBFX’s taxable income and gains (such share to be determined pursuant to the partnership agreement of PBFX), regardless of the amount of cash distributions received by PBF LLC from PBFX, and such taxable income and gains will flow-through to PBF Energy to the extent of its allocable share of the taxable income of PBF LLC. As a result, at certain times, the amount of cash otherwise ultimately available to PBF Energy on account of its indirect interest in PBFX may not be sufficient for PBF Energy to pay the amount of taxes it will owe on account of its indirect interests in PBFX. Taxable income of PBF LLC generally is allocated to the holders of PBF LLC units (including PBF Energy) pro rata in accordance with their respective share of the net profits and net losses of PBF LLC. In general, PBF LLC is required to make periodic tax distributions to the members of PBF LLC, including PBF Energy, pro rata in accordance with their respective percentage interests for such period (as determined under the amended and restated limited liability company agreement of PBF LLC), subject to available cash and applicable law and contractual restrictions (including pursuant to our debt instruments) and based on certain assumptions. Generally, these tax distributions are required to be in an amount equal to our estimate of the taxable income of PBF LLC for the year multiplied by an assumed tax rate equal to the highest effective marginal combined U.S. federal, state and local income tax rate prescribed for an individual or corporate resident in New York, New York (taking into account the nondeductibility of certain expenses). If, with respect to any given calendar year, the aggregate periodic tax distributions were less than the actual taxable income of PBF LLC multiplied by the assumed tax rate, PBF LLC is required to make a “true up” tax distribution, no later than March 15 of the following year, equal to such difference, subject to the available cash and borrowings of PBF LLC. PBF LLC obtains funding to pay its tax distributions by causing PBF Holding to distribute cash to PBF LLC and from distributions it receives from PBFX. Tax Receivable Agreement PBF Energy entered into a tax receivable agreement with the PBF LLC Series A and PBF LLC Series B Unit holders (the “Tax Receivable Agreement”) that provides for the payment by PBF Energy to such persons of an amount equal to 85% of the amount of the benefits, if any, that PBF Energy is deemed to realize as a result of (i) increases in tax basis, as described below, and (ii) certain other tax benefits related to entering into the Tax Receivable Agreement, including tax benefits attributable to payments under the Tax Receivable Agreement. For purposes of the Tax Receivable Agreement, the benefits deemed realized by PBF Energy will be computed by comparing the actual income tax liability of PBF Energy (calculated with certain assumptions) to the amount of such taxes that PBF Energy would have been required to pay had there been no increase to the tax basis of the assets of PBF LLC as a result of purchases or exchanges of PBF LLC Series A Units for shares of PBF Energy’s Class A common stock and had PBF Energy not entered into the Tax Receivable Agreement. The term of the Tax Receivable Agreement will continue until all such tax benefits have been utilized or expired unless: (i) PBF Energy exercises its right to terminate the Tax Receivable Agreement, (ii) PBF Energy breaches any of its material obligations under the Tax Receivable Agreement or (iii) certain changes of control occur, in which case all obligations under the Tax Receivable Agreement will generally be accelerated and due as calculated under certain assumptions. The payment obligations under the Tax Receivable Agreement are obligations of PBF Energy and not of PBF LLC. In general, PBF Energy expects to obtain funding for these annual payments from PBF LLC, primarily through tax distributions, which PBF LLC makes on a pro-rata basis to its owners. Such owners include PBF Energy, which holds a 94.4% interest in PBF LLC as of September 30, 2015 ( 89.9% as of December 31, 2014). PBF LLC obtains funding to pay its tax distributions by causing PBF Holding to distribute cash to PBF LLC and from distributions it receives from PBFX.

DIVIDENDS AND DISTRIBUTIONS

DIVIDENDS AND DISTRIBUTIONS	9 Months Ended
	Sep. 30, 2015
Equity [Abstract]
DIVIDENDS AND DISTRIBUTIONS	DIVIDENDS AND DISTRIBUTIONS With respect to dividends and distributions paid during the nine months ended September 30, 2015 , PBF LLC made aggregate non-tax quarterly distributions of $81,954 , or $0.90 per unit, to its members, of which $77,287 was distributed prorata to PBF Energy and the balance was distributed to its other members. PBF Energy used this $77,287 to pay quarterly cash dividends of $0.30 per share of Class A common stock on March 10, 2015, May 27, 2015 and August 10, 2015. In addition, during the nine months ended September 30, 2015 , PBF LLC made aggregate tax distributions to its members of $186,112 , of which $175,551 was distributed to PBF Energy. With respect to distributions paid during the nine months ended September 30, 2015 , PBFX paid a distribution on outstanding common and subordinated units of $0.33 per unit on March 4, 2015, $0.35 per unit on May 29, 2015 and $0.37 per unit on August 31, 2015 for a total distribution of $35,772 , of which $18,690 was distributed to PBF LLC and the balance was distributed to its public unit holders.

TREASURY UNITS

TREASURY UNITS	9 Months Ended
	Sep. 30, 2015
TREASURY STOCK [Abstract]
Treasury Units	TREASURY UNITS On August 19, 2014, PBF Energy's Board of Directors authorized the repurchase of up to $200,000 of the Company's Series C Units, through the repurchase of PBF Energy’s Class A common stock (the "Repurchase Program"). On October 29, 2014, PBF Energy's Board of Directors approved an additional $100,000 increase to the existing Repurchase Program. As of September 30, 2015 , the Company has purchased approximately 6.05 million of the Company's Series C Units under the Repurchase Program, for a total of $150,804 through the purchase of PBF Energy’s Class A common stock in open market transactions. During the three and nine months ended September 30, 2015 , the Company repurchased 142,487 and 284,771 of the Company's Series C Units, respectively, for $4,073 and $8,073 , respectively through the purchase of PBF Energy’s Class A common stock in open market transactions. During both, the three and nine months ended September 30, 2014 , the Company repurchased 1,354,943 of the Company's Series C Units for $32,593 through the purchase of PBF Energy’s Class A common stock in open market transactions. The following table summarizes PBF Energy's Class A common stock repurchase activity under the Repurchase Program: Number of shares purchased (1) Cost of purchased shares Shares purchased as of December 31, 2014 5,765,946 $ 142,731 Shares purchased during the nine months ended September 30, 2015 284,771 8,073 Shares purchased as of September 30, 2015 6,050,717 $ 150,804 __________ (1) - The shares purchased include only those shares that have settled as of the period end date. These repurchases may be made from time to time through various methods, including open market transactions, block trades, accelerated share repurchases, privately negotiated transactions or otherwise, certain of which may be effected through Rule 10b5-1 and Rule 10b-18 plans. The timing and number of shares repurchased will depend on a variety of factors, including price, capital availability, legal requirements and economic and market conditions. PBF Energy is not obligated to purchase any shares under the Repurchase Program, and repurchases may be suspended or discontinued at any time without prior notice. As of September 30, 2015 , PBF Energy has the ability to purchase an additional $149,196 in Class A common stock under the approved Repurchase Program.

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	9 Months Ended
	Sep. 30, 2015
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS The components of net periodic benefit cost related to the Company’s defined benefit plans consisted of the following: Three Months Ended Nine Months Ended Pension Benefits 2015 2014 2015 2014 Components of net periodic benefit cost: Service cost $ 5,790 $ 5,134 $ 17,369 $ 14,276 Interest cost 710 616 2,126 1,787 Expected return on plan assets (830 ) (546 ) (2,489 ) (1,609 ) Amortization of prior service costs 13 13 39 26 Amortization of loss 311 277 933 757 Net periodic benefit cost $ 5,994 $ 5,494 $ 17,978 $ 15,237 Three Months Ended Nine Months Ended Post Retirement Medical Plan 2015 2014 2015 2014 Components of net periodic benefit cost: Service cost $ 243 $ 269 $ 731 $ 747 Interest cost 134 125 403 353 Amortization of prior service costs 76 52 228 107 Amortization of loss (gain) — — — (4 ) Net periodic benefit cost $ 453 $ 446 $ 1,362 $ 1,203

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS The tables below present information about the Company's financial assets and liabilities measured and recorded at fair value on a recurring basis and indicate the fair value hierarchy of the inputs utilized to determine the fair values as of September 30, 2015 and December 31, 2014 . We have elected to offset the fair value amounts recognized for multiple derivative contracts executed with the same counterparty; however, fair value amounts by hierarchy level are presented on a gross basis in the tables below. We have posted cash margin with various counterparties to support hedging and trading activities. The cash margin posted is required by counterparties as collateral deposits and cannot be offset against the fair value of open contracts except in the event of default. We have no derivative contracts that are subject to master netting arrangements that are reflected gross on the balance sheet. As of September 30, 2015 Fair Value Hierarchy Total Gross Fair Value Effect of Counter-party Netting Net Carrying Value on Balance Sheet Level 1 Level 2 Level 3 Assets: Money market funds $ 342,414 $ — $ — $ 342,414 N/A $ 342,414 Marketable securities 234,249 — — 234,249 N/A 234,249 Non-qualified pension plan assets 9,441 — — 9,441 N/A 9,441 Commodity contracts 148,907 10,710 838 160,455 (137,670 ) 22,785 Derivatives included with intermediation agreement obligations — 44,684 — 44,684 — 44,684 Derivatives included with inventory supply arrangement obligations — 1,031 — 1,031 — 1,031 Liabilities: Commodity contracts 134,702 1,945 1,023 137,670 (137,670 ) — Catalyst lease obligations — 27,577 — 27,577 — 27,577 As of December 31, 2014 Fair Value Hierarchy Total Gross Fair Value Effect of Counter-party Netting Net Carrying Value on Balance Sheet Level 1 Level 2 Level 3 Assets: Money market funds $ 5,575 $ — $ — $ 5,575 N/A $ 5,575 Marketable securities 234,930 — — 234,930 N/A 234,930 Non-qualified pension plan assets 5,494 — — 5,494 N/A 5,494 Commodity contracts 415,023 12,093 1,715 428,831 (397,676 ) 31,155 Derivatives included with inventory intermediation agreement obligations — 94,834 — 94,834 — 94,834 Derivatives included with inventory supply arrangement obligations — 4,251 — 4,251 — 4,251 Liabilities: Commodity contracts 390,144 7,338 194 397,676 (397,676 ) — Catalyst lease obligations — 36,559 — 36,559 — 36,559 The valuation methods used to measure financial instruments at fair value are as follows: • Money market funds categorized in Level 1 of the fair value hierarchy are measured at fair value based on quoted market prices and included within Cash and cash equivalents. • Marketable securities, consisting primarily of US Treasury securities, categorized in Level 1 of the fair value hierarchy are measured at fair value based on quoted market prices. • Non-qualified pension plan assets categorized in Level 1 of the fair value hierarchy are measured at fair value using a market approach based on published net asset values of mutual funds and included within Deferred charges and other assets, net. • The commodity contracts categorized in Level 1 of the fair value hierarchy are measured at fair value based on quoted prices in an active market. The commodity contracts categorized in Level 2 of the fair value hierarchy are measured at fair value using a market approach based upon future commodity prices for similar instruments quoted in active markets. • The commodity contracts categorized in Level 3 of the fair value hierarchy consist of commodity price swap contracts that relate to forecasted purchases of crude oil for which quoted forward market prices are not readily available due to market illiquidity. The forward prices used to value these swaps were derived using broker quotes, prices from other third party sources and other available market based data. • The derivatives included with inventory supply arrangement obligations, derivatives included with inventory intermediation agreement obligations and the catalyst lease obligations are categorized in Level 2 of the fair value hierarchy and are measured at fair value using a market approach based upon commodity prices for similar instruments quoted in active markets. The table below summarizes the changes in fair value measurements categorized in Level 3 of the fair value hierarchy: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Balance at beginning of period $ 1,905 $ 2,689 $ 1,521 $ (23,365 ) Purchases — — — — Settlements (1,238 ) (9,020 ) (12,549 ) (5,353 ) Unrealized gain included in earnings (852 ) 19,377 10,843 41,764 Transfers into Level 3 — — — — Transfers out of Level 3 — — — — Balance at end of period $ (185 ) $ 13,046 $ (185 ) $ 13,046 There were no transfers between levels during the three and nine months ended September 30, 2015 and 2014 , respectively. Fair value of debt The table below summarizes the fair value and carrying value of debt as of September 30, 2015 and December 31, 2014 . September 30, 2015 December 31, 2014 Carrying value Fair value Carrying value Fair value Senior Secured Notes (a) $ 669,354 $ 680,548 $ 668,520 $ 675,580 PBFX Senior Notes (a) 350,000 328,976 — — PBFX Term Loan (b) 234,200 234,200 234,900 234,900 Rail Facility (b) 67,491 67,491 37,270 37,270 PBFX Revolving Credit Facility (b) 24,500 24,500 275,100 275,100 Revolving Loan (b) — — — — Catalyst leases (c) 27,577 27,577 36,559 36,559 1,373,122 1,363,292 1,252,349 1,259,409 Less - Current maturities — — — — Long-term debt $ 1,373,122 $ 1,363,292 $ 1,252,349 $ 1,259,409 (a) The estimated fair value, categorized as a Level 2 measurement, was calculated based on the present value of future expected payments utilizing implied current market interest rates based on quoted prices of the Senior Secured Notes and the PBFX Senior Notes. (b) The estimated fair value approximates carrying value, categorized as a Level 2 measurement, as these borrowings bear interest based upon short-term floating market interest rates. (c) Catalyst leases are valued using a market approach based upon commodity prices for similar instruments quoted in active markets and are categorized as a Level 2 measurement. The Company has elected the fair value option for accounting for its catalyst lease repurchase obligations as the Company's liability is directly impacted by the change in fair value of the underlying catalyst.

DERIVATIVES

DERIVATIVES	9 Months Ended
	Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	DERIVATIVES The Company uses derivative instruments to mitigate certain exposures to commodity price risk. The Company’s crude supply agreement contains purchase obligations for certain volumes of crude oil and other feedstocks. In addition, the Company entered into Inventory Intermediation Agreements commencing in July 2013 that contain purchase obligations for certain volumes of intermediates and refined products. The purchase obligations related to crude oil, feedstocks, intermediates and refined products under these agreements are derivative instruments that have been designated as fair value hedges in order to hedge the commodity price volatility of certain refinery inventory. The fair value of these purchase obligation derivatives is based on market prices of the underlying crude oil and refined products. The level of activity for these derivatives is based on the level of operating inventories. As of September 30, 2015 , there were 238,306 barrels of crude oil and feedstocks ( 662,579 barrels at December 31, 2014 ) outstanding under these derivative instruments designated as fair value hedges and no barrels ( no barrels at December 31, 2014 ) outstanding under these derivative instruments not designated as hedges. As of September 30, 2015 , there were 3,130,766 barrels of intermediates and refined products ( 3,106,325 barrels at December 31, 2014 ) outstanding under these derivative instruments designated as fair value hedges and no barrels ( no barrels at December 31, 2014 ) outstanding under these derivative instruments not designated as hedges. These volumes represent the notional value of the contract. The Company also enters into economic hedges primarily consisting of commodity derivative contracts that are not designated as hedges and are used to manage price volatility in certain crude oil and feedstock inventories as well as crude oil, feedstock, and refined product sales or purchases. The objective in entering into economic hedges is consistent with the objectives discussed above for fair value hedges. As of September 30, 2015 , there were 45,651,000 barrels of crude oil and 2,277,000 barrels of refined products ( 47,339,000 and 1,970,871 , respectively, as of December 31, 2014 ), outstanding under short and long term commodity derivative contracts not designated as hedges representing the notional value of the contracts. The following tables provide information about the fair values of these derivative instruments as of September 30, 2015 and December 31, 2014 and the line items in the consolidated balance sheet in which the fair values are reflected. Description Balance Sheet Location Fair Value Asset/(Liability) Derivatives designated as hedging instruments: September 30, 2015: Derivatives included with inventory supply arrangement obligations Accrued expenses $ 1,031 Derivatives included with the intermediation agreement obligations Accrued expenses $ 44,684 December 31, 2014 Derivatives included with inventory supply arrangement obligations Accrued expenses $ 4,251 Derivatives included with the intermediation agreement obligations Accrued expenses $ 94,834 Derivatives not designated as hedging instruments: September 30, 2015: Commodity contracts Accounts receivable $ 22,785 December 31, 2014 Commodity contracts Accounts receivable $ 31,155 The following tables provide information about the gain or loss recognized in income on these derivative instruments and the line items in the consolidated financial statements in which such gains and losses are reflected. Description Location of Gain or (Loss) Recognized in Income on Derivatives Gain or (Loss) Recognized in Income on Derivatives Derivatives designated as hedging instruments: For the three months ended September 30, 2015: Derivatives included with inventory supply arrangement obligations Cost of sales $ 1,409 Derivatives included with the intermediation agreement obligations Cost of sales $ 34,424 For the three months ended September 30, 2014: Derivatives included with inventory supply arrangement obligations Cost of sales $ 2,729 Derivatives included with the intermediation agreement obligations Cost of sales $ 20,900 For the nine months ended September 30, 2015: Derivatives included with inventory supply arrangement obligations Cost of sales $ (3,220 ) Derivatives included with the intermediation agreement obligations Cost of sales $ (50,150 ) For the nine months ended September 30, 2014: Derivatives included with inventory supply arrangement obligations Cost of sales $ 1,660 Derivatives included with the intermediation agreement obligations Cost of sales $ 29,942 Derivatives not designated as hedging instruments: For the three months ended September 30, 2015: Commodity contracts Cost of sales $ 31,017 For the three months ended September 30, 2014: Commodity contracts Cost of sales $ 70,624 For the nine months ended September 30, 2015: Commodity contracts Cost of sales $ (14,080 ) For the nine months ended September 30, 2014: Commodity contracts Cost of sales $ 101,902 Hedged items designated in fair value hedges: For the three months ended September 30, 2015: Crude oil and feedstock inventory Cost of sales $ (1,409 ) Intermediate and refined product inventory Cost of sales $ (34,424 ) For the three months ended September 30, 2014: Crude oil and feedstock inventory Cost of sales $ (2,729 ) Intermediate and refined product inventory Cost of sales $ (20,900 ) For the nine months ended September 30, 2015: Crude oil and feedstock inventory Cost of sales $ 3,220 Intermediate and refined product inventory Cost of sales $ 50,150 For the nine months ended September 30, 2014: Crude oil and feedstock inventory Cost of sales $ (1,660 ) Intermediate and refined product inventory Cost of sales $ (29,942 ) The Company had no ineffectiveness related to the Company's fair value hedges for the three and nine months ended September 30, 2015 and 2014 .

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION The Company's operations are organized into two reportable segments, Refining and Logistics. Operations that are not included in the Refining and Logistics segments are included in Corporate. Intersegment transactions are eliminated in the consolidated financial statements and are included in Eliminations. Refining As of September 30, 2015, the Company 's Refining Segment includes the operations of its three refineries which are located in Toledo, Ohio, Delaware City, Delaware and Paulsboro, New Jersey. The refineries produce unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. The Company purchases crude oil, other feedstocks and blending components from various third-party suppliers. The Company sells products throughout the Northeast and Midwest of the United States, as well as in other regions of the United States and Canada, and is able to ship products to other international destinations. As of September 30, 2015, the refineries have a combined processing capacity, known as throughput, of approximately 540,000 barrels per day ("bpd"), and a weighted-average Nelson Complexity Index of 11.3. Logistics The Company formed PBFX, a publicly traded master limited partnership, to own or lease, operate, develop and acquire crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets. PBFX's assets consist of (i) a rail terminal which has a double loop track and ancillary pumping and unloading equipment located at the Delaware City refinery with an unloading capacity of approximately 130,000 bpd; (ii) a truck terminal comprised of six lease automatic custody transfer units accepting crude oil deliveries by truck located at the Toledo refinery designed for total throughput capacity of up to approximately 22,500 bpd; (iii) a heavy crude rail unloading rack located at the Delaware City refinery with an unloading capacity of at least 40,000 bpd; (iv) a tank farm with aggregate storage capacity of approximately 3.9 million barrels, including a propane storage and loading facility with throughput capacity of 11,000 bpd at the Toledo Refinery; (v) a 23.4 mile 16 -inch interstate petroleum products pipeline with capacity in excess of 125,000 bpd at the Delaware City refinery and; (vi) a 15 -lane, 76,000 bpd capacity truck loading rack utilized to distribute gasoline, distillates and liquefied petroleum gas at the Delaware City refinery. PBFX provides various rail and truck terminaling services, pipeline transportation services and storage services to PBF Holding and/or its subsidiaries through long-term commercial agreements. PBFX currently does not generate third party revenue and as such intersegment related-party revenues are eliminated in consolidation. Prior to the PBFX Offering, PBFX's assets were operated within the refining operations of the Company's Delaware City and Toledo refineries. The assets did not generate third party revenue and were not considered to be a separate reportable segment. The Company evaluates the performance of its segments based primarily on income from operations. Income from operations includes those revenues and expenses that are directly attributable to management of the respective segment. The Logistics segment's revenues include inter-segment transactions with the Company's Refining segment at prices the Company believes are substantially equivalent to the prices that could have been negotiated with unaffiliated parties with respect to similar services. Activities of the Company's business that are not included in the two operating segments are included in Corporate. Such activities consist primarily of corporate staff operations and other items that are not specific to the normal operations of the two operating segments. The Company does not allocate certain items of other income and expense to the individual segments. Disclosures regarding our reportable segments with reconciliations to consolidated totals for the three and nine months ended September 30, 2015 and September 30, 2014 are presented below. The Logistics segment's results include financial information of the predecessor of PBFX for periods prior to May 13, 2014, and the financial information of PBFX for the period beginning May 14, 2014, the completion date of the PBFX Offering. In connection with the contribution by PBF LLC of the DCR West Rack, the Toledo Storage Facility and the Delaware City Products Pipeline and Truck Rack, the accompanying segment information has been retrospectively adjusted to include the historical results of the DCR West Rack, Toledo Storage Facility and the Delaware City Products Pipeline and Truck Rack in the Logistics Segment for all periods presented prior to such contributions. Prior to the PBFX Offering, the Company did not operate the PBFX assets independent of the Refining segment. Total assets of each segment consist of net property, plant and equipment, inventories, cash and cash equivalents, accounts receivables and other assets directly associated with the segment’s operations. Corporate assets consist primarily of property, plant and equipment and other assets not directly related to our refinery and logistic operations. Three Months Ended September 30, 2015 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 3,217,640 $ 37,082 $ — $ (37,082 ) $ 3,217,640 Depreciation and amortization expense 44,366 1,649 2,118 — 48,133 Income (loss) from operations 114,925 27,463 (49,851 ) — 92,537 Interest expense, net 4,110 7,180 18,070 — 29,360 Capital expenditures 81,969 962 573 — 83,504 Three Months Ended September 30, 2014 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 5,260,003 $ 17,060 $ — $ (17,060 ) $ 5,260,003 Depreciation and amortization expense 63,532 1,177 3,301 — 68,010 Income (loss) from operations 316,244 5,942 (41,051 ) — 281,135 Interest expense, net 5,314 827 18,714 — 24,855 Capital expenditures 110,340 14,874 32,642 — 157,856 Nine Months Ended September 30, 2015 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 9,763,440 $ 104,796 $ — $ (104,796 ) $ 9,763,440 Depreciation and amortization expense 131,817 4,919 7,665 — 144,401 Income (loss) from operations 591,005 71,914 (123,530 ) — 539,389 Interest expense, net 13,387 14,065 52,731 — 80,183 Capital expenditures 332,544 1,182 2,183 — 335,909 Nine Months Ended September 30, 2014 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 15,308,155 $ 29,409 $ — $ (29,409 ) $ 15,308,155 Depreciation and amortization expense 122,858 2,906 10,123 — 135,887 Income (loss) from operations 741,483 4,491 (116,785 ) — 629,189 Interest expense, net 20,404 1,183 55,141 — 76,728 Capital expenditures 250,701 40,993 39,050 — 330,744 Balance at September 30, 2015 Refining Logistics Corporate Eliminations Consolidated Total Total assets $ 4,062,727 $ 432,663 $ 74,486 $ (24,272 ) $ 4,545,604 Balance at December 31, 2014 Refining Logistics Corporate Eliminations Consolidated Total Total assets $ 4,135,494 $ 410,141 $ 24,195 $ (11,630 ) $ 4,558,200

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2015
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Cash Distribution On October 29, 2015, PBF Energy's Board of Directors declared a dividend of $0.30 per share on outstanding Class A common stock. The dividend was paid on November 24, 2015 to Class A common stockholders of record at the close of business on November 9, 2015. PBF LLC made an aggregate non-tax quarterly distribution of $30,818 or $0.30 per unit, pro rata, to its members, of which $29,297 was distributed to PBF Energy and the balance was distributed to its other members. PBFX Distributions On October 29, 2015, the Board of Directors of PBF GP declared a distribution of $0.39 per unit on outstanding common and subordinated units of PBFX. The distribution of $13,751 was paid on November 30, 2015 to PBFX unit holders of record at the close of business on November 13, 2015. Chalmette Acquisition On November 1, 2015, the Company acquired from ExxonMobil Oil Corporation, Mobil Pipe Line Company and PDV Chalmette, L.L.C. (collectively, the "Chalmette Sellers"), the ownership interests of Chalmette Refining, L.L.C. (“Chalmette Refining”), which owns the Chalmette refinery and related logistics assets (collectively, the "Chalmette Acquisition"). The Chalmette refinery, located outside of New Orleans, Louisiana, is a dual-train coking refinery and is capable of processing both light and heavy crude oil. Chalmette Refining owns 100% of the MOEM Pipeline, providing access to the Empire Terminal, as well as the CAM Connection Pipeline, providing access to the Louisiana Offshore Oil Port facility through a third party pipeline. Chalmette Refining also owns 80% of each of the Collins Pipeline Company and T&M Terminal Company, both located in Collins, Mississippi, which provide a clean products outlet for the refinery to the Plantation and Colonial Pipelines. Also included in the acquisition are a marine terminal capable of importing waterborne feedstocks and loading or unloading finished products; a clean products truck rack which provides access to local markets; and a crude and product storage facility. The aggregate purchase price for the Chalmette Acquisition was $322,000 in cash, plus estimated inventory and working capital of $233,083 , which is subject to final valuation within ninety days of closing. The transaction was financed through a combination of cash on hand and borrowings under the Company’s existing revolving credit line. A determination of the acquisition-date fair values of the assets acquired and the liabilities assumed and the working capital at closing calculation is pending the completion of an independent appraisal and other evaluations. The Chalmette Acquisition provides the Company with a broader more diversified asset base and increases the number of operating refineries from three to four and the Company's combined crude oil throughput capacity. The acquisition also provides the Company with a presence in the attractive Petroleum Administration for Defense Districts ("PADD") 3 market. October 2015 Equity Offering On October 13, 2015, the PBF Energy completed a public offering of an aggregate of 11,500,000 shares of Class A common stock, including 1,500,000 shares of Class A common stock that was sold pursuant to the exercise of an over-allotment option, for net proceeds of $344,000 , after deducting underwriting discounts and commissions and other offering expenses (the "October 2015 Equity Offering"). In conjunction with the October 2015 Equity Offering, PBF Energy purchased an aggregate of 11,500,000 PBF LLC Series C Units. Immediately following the October 2015 Equity Offering, PBF Energy owned 97,393,850 PBF LLC Series C Units and PBF Energy's executive officers and directors and certain employees beneficially owned 5,111,358 PBF LLC Series A Units, and the holders of PBF Energy's issued and outstanding shares of Class A common stock had 95.0% of the voting power in PBF Energy and the members of PBF LLC, other than PBF Energy, through their holdings of Class B common stock had the remaining 5.0% of the voting power in PBF Energy. 7.0% Senior Secured Notes due 2023 On November 24, 2015, PBF Holding completed the offering of $500,000 aggregate principal amount of 7.0% Senior Secured Notes due 2023. The net proceeds of approximately $490,000 , after deducting the initial purchasers’ discount and estimated offering expenses, are intended to be used for general corporate purposes, including to fund a portion of the purchase price for the pending acquisition of the Torrance refinery and related assets. Revolving Loan In November 2015, PBF Holding increased the maximum availability under the Revolving Loan to $2,600,000 in accordance with its accordion feature.

DESCRIPTION OF THE BUSINESS A23

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION (Policies)	9 Months Ended
	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements In April 2015, the FASB issued ASU No. 2015-03, "Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs" ("ASU 2015-03"), which requires debt issuance costs related to a recognized debt liability to be presented on the balance sheet as a direct deduction from the debt liability rather than as an asset. The standard is effective for interim and annual periods beginning after December 15, 2015 and early adoption is permitted. The Company is currently evaluating the impact of this new standard on its consolidated financial statements and related disclosures. In August 2015, the FASB issued ASU No. 2015-14, “Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date” (“ASU 2015-14”), which defers the effective date of ASU 2014-09, “Revenue from Contracts with Customers” (“ASU 2014-09”) for all entities by one year. The guidance in ASU 2014-09 will replace most existing revenue recognition guidance in GAAP when it becomes effective. Under ASU 2015-14, this guidance becomes effective for interim and annual periods beginning after December 15, 2017 and permits the use of either the retrospective or cumulative effect transition method. Under ASU 2015-14, early adoption is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company continues to evaluate the impact of this new standard on its consolidated financial statements and related disclosures. In September 2015, the FASB issued ASU No. 2015-16, "Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments" ("ASU 2015-16"), which requires (i) that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined, (ii) that the acquirer record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date, (iii)that an entity present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. Under ASU 2015-16, this guidance becomes effective for annual periods beginning after December 15, 2016 and interim periods within annual periods beginning after December 15, 2017 with prospective application with early adoption permitted. The Company is currently evaluating the impact of this new standard on its consolidated financial statements and related disclosures.

NONCONTROLLING INTEREST OF PB24

NONCONTROLLING INTEREST OF PBF ENERGY AND PBFX (Tables)	9 Months Ended
	Sep. 30, 2015
Noncontrolling Interest [Abstract]
The ownership percentage in PBF LLC	The noncontrolling interest ownership percentage of PBFX as of September 30, 2015 and December 31, 2014, is calculated as follows: Units of PBFX Held by the Public Units of PBFX Held by PBF LLC (Including Subordinated Units) Total December 31, 2014 15,812,500 17,171,077 32,983,577 47.9 % 52.1 % 100.0 % September 30, 2015 15,893,313 18,459,497 34,352,810 46.3 % 53.7 % 100.0 %
Summary of the allocation of equity between the controlling and noncontrolling interests of PBF Energy	The following table summarizes the changes in equity for the controlling and noncontrolling interests of PBF LLC for the nine months ended September 30, 2015 and 2014 : PBF Energy Company LLC Equity Noncontrolling Total Equity Balance at January 1, 2015 $ 1,316,468 $ 336,369 $ 1,652,837 Comprehensive income 442,895 26,608 469,503 Dividends and distributions (268,066 ) (17,082 ) (285,148 ) Issuance of additional PBFX common units 11,390 (11,390 ) — Stock-based compensation 6,329 2,428 8,757 Exercise of PBF LLC options and warrants, net and other (1,425 ) — (1,425 ) Purchase of treasury stock (8,073 ) — (8,073 ) Balance at September 30, 2015 $ 1,499,518 $ 336,933 $ 1,836,451

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Sep. 30, 2015
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventories consisted of the following: September 30, 2015 Titled Inventory Inventory Supply and Intermediation Arrangements Total Crude oil and feedstocks $ 954,744 $ 21,288 $ 976,032 Refined products and blendstocks 545,279 310,238 855,517 Warehouse stock and other 40,890 — 40,890 $ 1,540,913 $ 331,526 $ 1,872,439 Lower of cost or market reserve (662,638 ) (108,619 ) (771,257 ) Total inventories $ 878,275 $ 222,907 $ 1,101,182 December 31, 2014 Titled Inventory Inventory Supply and Intermediation Arrangements Total Crude oil and feedstocks $ 918,756 $ 61,122 $ 979,878 Refined products and blendstocks 520,308 255,459 775,767 Warehouse stock and other 36,726 — 36,726 $ 1,475,790 $ 316,581 $ 1,792,371 Lower of cost or market reserve (609,774 ) (80,336 ) (690,110 ) Total inventories $ 866,016 $ 236,245 $ 1,102,261

DEFERRED CHARGES AND OTHER AS26

DEFERRED CHARGES AND OTHER ASSETS, NET (Tables)	9 Months Ended
	Sep. 30, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of deferred charges and other assets, net	Deferred charges and other assets, net consisted of the following: September 30, December 31, Deferred turnaround costs, net $ 183,618 $ 204,987 Catalyst, net 71,516 77,322 Deferred financing costs, net 34,495 32,280 Linefill 10,230 10,230 Restricted cash 1,500 1,521 Intangible assets, net 231 357 Other 9,830 5,972 Total deferred charges and other assets, net $ 311,420 $ 332,669

ACCRUED EXPENSES (Tables)

ACCRUED EXPENSES (Tables)	9 Months Ended
	Sep. 30, 2015
Payables and Accruals [Abstract]
Schedule of accrued expenses	Accrued expenses consisted of the following: September 30, December 31, Inventory-related accruals $ 407,678 $ 588,297 Inventory supply and intermediation arrangements 212,930 253,549 Accrued distribution 115,228 — Accrued transportation costs 49,548 59,959 Accrued salaries and benefits 37,766 56,117 Excise and sales tax payable 20,430 40,444 Accrued interest 20,100 23,127 Accrued utilities 9,633 22,337 Customer deposits 8,910 24,659 Accrued construction in progress 4,634 31,452 Renewable energy credit obligations — 286 Other 21,641 30,678 Total accrued expenses $ 908,498 $ 1,130,905

CREDIT FACILITIES (Tables)

CREDIT FACILITIES (Tables)	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Condensed financial statements of parent company	As a result of the limited guarantee the following PBF LLC parent company balance sheets and statements of operations support the limited guarantee of collection. PBF ENERGY COMPANY LLC (PARENT COMPANY) BALANCE SHEETS (in thousands) September 30, December 31, ASSETS Current assets: Cash and cash equivalents $ 83,924 $ 135,210 Due from related parties 268,090 — Other current assets 15,234 — Total current assets 367,248 135,210 Intercompany note receivable 18,178 12,510 Investment in subsidiaries 1,235,039 1,173,854 Total assets $ 1,620,465 $ 1,321,574 LIABILITIES AND EQUITY Current liabilities: Due to related parties $ 115,228 $ — Total equity 1,505,237 1,321,574 Total liabilities and equity $ 1,620,465 $ 1,321,574 PBF ENERGY COMPANY LLC (PARENT COMPANY) STATEMENT OF OPERATIONS (in thousands) Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Equity in earnings of subsidiaries $ 59,083 $ 257,191 $ 441,770 $ 546,180 Interest (expense) income (293 ) (5 ) (190 ) 157 Net income $ 58,790 $ 257,186 $ 441,580 $ 546,337

TREASURY UNITS (Tables)

TREASURY UNITS (Tables)	9 Months Ended
	Sep. 30, 2015
TREASURY STOCK [Abstract]
Schedule of Company's repurchase activities	The following table summarizes PBF Energy's Class A common stock repurchase activity under the Repurchase Program: Number of shares purchased (1) Cost of purchased shares Shares purchased as of December 31, 2014 5,765,946 $ 142,731 Shares purchased during the nine months ended September 30, 2015 284,771 8,073 Shares purchased as of September 30, 2015 6,050,717 $ 150,804 __________ (1) - The shares purchased include only those shares that have settled as of the period end date.

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	9 Months Ended
	Sep. 30, 2015
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]
Schedule of net periodic benefit cost	The components of net periodic benefit cost related to the Company’s defined benefit plans consisted of the following: Three Months Ended Nine Months Ended Pension Benefits 2015 2014 2015 2014 Components of net periodic benefit cost: Service cost $ 5,790 $ 5,134 $ 17,369 $ 14,276 Interest cost 710 616 2,126 1,787 Expected return on plan assets (830 ) (546 ) (2,489 ) (1,609 ) Amortization of prior service costs 13 13 39 26 Amortization of loss 311 277 933 757 Net periodic benefit cost $ 5,994 $ 5,494 $ 17,978 $ 15,237 Three Months Ended Nine Months Ended Post Retirement Medical Plan 2015 2014 2015 2014 Components of net periodic benefit cost: Service cost $ 243 $ 269 $ 731 $ 747 Interest cost 134 125 403 353 Amortization of prior service costs 76 52 228 107 Amortization of loss (gain) — — — (4 ) Net periodic benefit cost $ 453 $ 446 $ 1,362 $ 1,203

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The tables below present information about the Company's financial assets and liabilities measured and recorded at fair value on a recurring basis and indicate the fair value hierarchy of the inputs utilized to determine the fair values as of September 30, 2015 and December 31, 2014 . We have elected to offset the fair value amounts recognized for multiple derivative contracts executed with the same counterparty; however, fair value amounts by hierarchy level are presented on a gross basis in the tables below. We have posted cash margin with various counterparties to support hedging and trading activities. The cash margin posted is required by counterparties as collateral deposits and cannot be offset against the fair value of open contracts except in the event of default. We have no derivative contracts that are subject to master netting arrangements that are reflected gross on the balance sheet. As of September 30, 2015 Fair Value Hierarchy Total Gross Fair Value Effect of Counter-party Netting Net Carrying Value on Balance Sheet Level 1 Level 2 Level 3 Assets: Money market funds $ 342,414 $ — $ — $ 342,414 N/A $ 342,414 Marketable securities 234,249 — — 234,249 N/A 234,249 Non-qualified pension plan assets 9,441 — — 9,441 N/A 9,441 Commodity contracts 148,907 10,710 838 160,455 (137,670 ) 22,785 Derivatives included with intermediation agreement obligations — 44,684 — 44,684 — 44,684 Derivatives included with inventory supply arrangement obligations — 1,031 — 1,031 — 1,031 Liabilities: Commodity contracts 134,702 1,945 1,023 137,670 (137,670 ) — Catalyst lease obligations — 27,577 — 27,577 — 27,577 As of December 31, 2014 Fair Value Hierarchy Total Gross Fair Value Effect of Counter-party Netting Net Carrying Value on Balance Sheet Level 1 Level 2 Level 3 Assets: Money market funds $ 5,575 $ — $ — $ 5,575 N/A $ 5,575 Marketable securities 234,930 — — 234,930 N/A 234,930 Non-qualified pension plan assets 5,494 — — 5,494 N/A 5,494 Commodity contracts 415,023 12,093 1,715 428,831 (397,676 ) 31,155 Derivatives included with inventory intermediation agreement obligations — 94,834 — 94,834 — 94,834 Derivatives included with inventory supply arrangement obligations — 4,251 — 4,251 — 4,251 Liabilities: Commodity contracts 390,144 7,338 194 397,676 (397,676 ) — Catalyst lease obligations — 36,559 — 36,559 — 36,559
Schedule of Effect of Significant Unobservable Inputs	The table below summarizes the changes in fair value measurements categorized in Level 3 of the fair value hierarchy: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Balance at beginning of period $ 1,905 $ 2,689 $ 1,521 $ (23,365 ) Purchases — — — — Settlements (1,238 ) (9,020 ) (12,549 ) (5,353 ) Unrealized gain included in earnings (852 ) 19,377 10,843 41,764 Transfers into Level 3 — — — — Transfers out of Level 3 — — — — Balance at end of period $ (185 ) $ 13,046 $ (185 ) $ 13,046
Schedule of Fair value of Debt	The table below summarizes the fair value and carrying value of debt as of September 30, 2015 and December 31, 2014 . September 30, 2015 December 31, 2014 Carrying value Fair value Carrying value Fair value Senior Secured Notes (a) $ 669,354 $ 680,548 $ 668,520 $ 675,580 PBFX Senior Notes (a) 350,000 328,976 — — PBFX Term Loan (b) 234,200 234,200 234,900 234,900 Rail Facility (b) 67,491 67,491 37,270 37,270 PBFX Revolving Credit Facility (b) 24,500 24,500 275,100 275,100 Revolving Loan (b) — — — — Catalyst leases (c) 27,577 27,577 36,559 36,559 1,373,122 1,363,292 1,252,349 1,259,409 Less - Current maturities — — — — Long-term debt $ 1,373,122 $ 1,363,292 $ 1,252,349 $ 1,259,409 (a) The estimated fair value, categorized as a Level 2 measurement, was calculated based on the present value of future expected payments utilizing implied current market interest rates based on quoted prices of the Senior Secured Notes and the PBFX Senior Notes. (b) The estimated fair value approximates carrying value, categorized as a Level 2 measurement, as these borrowings bear interest based upon short-term floating market interest rates. (c) Catalyst leases are valued using a market approach based upon commodity prices for similar instruments quoted in active markets and are categorized as a Level 2 measurement. The Company has elected the fair value option for accounting for its catalyst lease repurchase obligations as the Company's liability is directly impacted by the change in fair value of the underlying catalyst.

DERIVATIVES (Tables)

DERIVATIVES (Tables)	9 Months Ended
	Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Value of Derivative Instruments	The following tables provide information about the fair values of these derivative instruments as of September 30, 2015 and December 31, 2014 and the line items in the consolidated balance sheet in which the fair values are reflected. Description Balance Sheet Location Fair Value Asset/(Liability) Derivatives designated as hedging instruments: September 30, 2015: Derivatives included with inventory supply arrangement obligations Accrued expenses $ 1,031 Derivatives included with the intermediation agreement obligations Accrued expenses $ 44,684 December 31, 2014 Derivatives included with inventory supply arrangement obligations Accrued expenses $ 4,251 Derivatives included with the intermediation agreement obligations Accrued expenses $ 94,834 Derivatives not designated as hedging instruments: September 30, 2015: Commodity contracts Accounts receivable $ 22,785 December 31, 2014 Commodity contracts Accounts receivable $ 31,155
Schedule of Derivative Instruments, Gain (Loss) Recognized in Income	The following tables provide information about the gain or loss recognized in income on these derivative instruments and the line items in the consolidated financial statements in which such gains and losses are reflected. Description Location of Gain or (Loss) Recognized in Income on Derivatives Gain or (Loss) Recognized in Income on Derivatives Derivatives designated as hedging instruments: For the three months ended September 30, 2015: Derivatives included with inventory supply arrangement obligations Cost of sales $ 1,409 Derivatives included with the intermediation agreement obligations Cost of sales $ 34,424 For the three months ended September 30, 2014: Derivatives included with inventory supply arrangement obligations Cost of sales $ 2,729 Derivatives included with the intermediation agreement obligations Cost of sales $ 20,900 For the nine months ended September 30, 2015: Derivatives included with inventory supply arrangement obligations Cost of sales $ (3,220 ) Derivatives included with the intermediation agreement obligations Cost of sales $ (50,150 ) For the nine months ended September 30, 2014: Derivatives included with inventory supply arrangement obligations Cost of sales $ 1,660 Derivatives included with the intermediation agreement obligations Cost of sales $ 29,942 Derivatives not designated as hedging instruments: For the three months ended September 30, 2015: Commodity contracts Cost of sales $ 31,017 For the three months ended September 30, 2014: Commodity contracts Cost of sales $ 70,624 For the nine months ended September 30, 2015: Commodity contracts Cost of sales $ (14,080 ) For the nine months ended September 30, 2014: Commodity contracts Cost of sales $ 101,902 Hedged items designated in fair value hedges: For the three months ended September 30, 2015: Crude oil and feedstock inventory Cost of sales $ (1,409 ) Intermediate and refined product inventory Cost of sales $ (34,424 ) For the three months ended September 30, 2014: Crude oil and feedstock inventory Cost of sales $ (2,729 ) Intermediate and refined product inventory Cost of sales $ (20,900 ) For the nine months ended September 30, 2015: Crude oil and feedstock inventory Cost of sales $ 3,220 Intermediate and refined product inventory Cost of sales $ 50,150 For the nine months ended September 30, 2014: Crude oil and feedstock inventory Cost of sales $ (1,660 ) Intermediate and refined product inventory Cost of sales $ (29,942 )

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Schedule of segment reporting information	Disclosures regarding our reportable segments with reconciliations to consolidated totals for the three and nine months ended September 30, 2015 and September 30, 2014 are presented below. The Logistics segment's results include financial information of the predecessor of PBFX for periods prior to May 13, 2014, and the financial information of PBFX for the period beginning May 14, 2014, the completion date of the PBFX Offering. In connection with the contribution by PBF LLC of the DCR West Rack, the Toledo Storage Facility and the Delaware City Products Pipeline and Truck Rack, the accompanying segment information has been retrospectively adjusted to include the historical results of the DCR West Rack, Toledo Storage Facility and the Delaware City Products Pipeline and Truck Rack in the Logistics Segment for all periods presented prior to such contributions. Prior to the PBFX Offering, the Company did not operate the PBFX assets independent of the Refining segment. Total assets of each segment consist of net property, plant and equipment, inventories, cash and cash equivalents, accounts receivables and other assets directly associated with the segment’s operations. Corporate assets consist primarily of property, plant and equipment and other assets not directly related to our refinery and logistic operations. Three Months Ended September 30, 2015 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 3,217,640 $ 37,082 $ — $ (37,082 ) $ 3,217,640 Depreciation and amortization expense 44,366 1,649 2,118 — 48,133 Income (loss) from operations 114,925 27,463 (49,851 ) — 92,537 Interest expense, net 4,110 7,180 18,070 — 29,360 Capital expenditures 81,969 962 573 — 83,504 Three Months Ended September 30, 2014 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 5,260,003 $ 17,060 $ — $ (17,060 ) $ 5,260,003 Depreciation and amortization expense 63,532 1,177 3,301 — 68,010 Income (loss) from operations 316,244 5,942 (41,051 ) — 281,135 Interest expense, net 5,314 827 18,714 — 24,855 Capital expenditures 110,340 14,874 32,642 — 157,856 Nine Months Ended September 30, 2015 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 9,763,440 $ 104,796 $ — $ (104,796 ) $ 9,763,440 Depreciation and amortization expense 131,817 4,919 7,665 — 144,401 Income (loss) from operations 591,005 71,914 (123,530 ) — 539,389 Interest expense, net 13,387 14,065 52,731 — 80,183 Capital expenditures 332,544 1,182 2,183 — 335,909 Nine Months Ended September 30, 2014 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 15,308,155 $ 29,409 $ — $ (29,409 ) $ 15,308,155 Depreciation and amortization expense 122,858 2,906 10,123 — 135,887 Income (loss) from operations 741,483 4,491 (116,785 ) — 629,189 Interest expense, net 20,404 1,183 55,141 — 76,728 Capital expenditures 250,701 40,993 39,050 — 330,744 Balance at September 30, 2015 Refining Logistics Corporate Eliminations Consolidated Total Total assets $ 4,062,727 $ 432,663 $ 74,486 $ (24,272 ) $ 4,545,604 Balance at December 31, 2014 Refining Logistics Corporate Eliminations Consolidated Total Total assets $ 4,135,494 $ 410,141 $ 24,195 $ (11,630 ) $ 4,558,200

DESCRIPTION OF THE BUSINESS A34

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION (Details)	Feb. 06, 2015shares	Sep. 30, 2015reportable_segmentshares	Dec. 31, 2014
Description of Business [Line Items]
Ownership percentage		100.00%	100.00%
Number of reportable segments | reportable_segment		2
PBF LLC [Member]
Description of Business [Line Items]
Ownership percentage		53.70%	52.10%
Class A Common Stock [Member] | PBF Energy [Member]
Description of Business [Line Items]
Shares, outstanding		85,893,849.97
Percentage of ownership in PBF LLC		94.40%	89.90%
Series A Units [Member] | PBF LLC [Member]
Description of Business [Line Items]
Shares, outstanding		5,111,358
Percentage of ownership in PBF LLC		5.60%
Secondary Public Offering [Member] | Class A Common Stock [Member] | PBF Energy Inc. [Member]
Description of Business [Line Items]
Public offering (in shares)	3,804,653

PBF LOGISTICS LP (Details)

PBF LOGISTICS LP (Details) - USD ($)	May. 14, 2015	Dec. 11, 2014	Sep. 30, 2014	May. 14, 2014	Sep. 30, 2015	Dec. 31, 2014
Variable Interest Entity [Line Items]
Ownership percentage					100.00%	100.00%
Public Unit Holders [Member]
Variable Interest Entity [Line Items]
Ownership percentage					46.30%	47.90%
PBF LLC [Member]
Variable Interest Entity [Line Items]
Ownership percentage					53.70%	52.10%
IPO [Member] | Common Units [Member] | PBF Logistics LP [Member]
Variable Interest Entity [Line Items]
Shares sold in offering (in shares)				15,812,500
Limited Partner [Member] | Common Units [Member] | PBF LLC [Member]
Variable Interest Entity [Line Items]
Partner capital units held (in shares)					2,572,944
Limited Partner [Member] | Subordinated Units [Member] | PBF LLC [Member]
Variable Interest Entity [Line Items]
Partner capital units held (in shares)					15,886,553
Delaware City West Heavy Crude Unloading Rack [Member] | Partnership [Member] | PBF Logistics LP [Member]
Variable Interest Entity [Line Items]
Consideration transferred		$ 150,000,000	$ 150,000,000
Delaware City Products Pipeline and Truck Rack [Member] | PBF LLC [Member]
Variable Interest Entity [Line Items]
Consideration transferred	$ 143,000,000

NONCONTROLLING INTEREST OF PB36

NONCONTROLLING INTEREST OF PBF ENERGY AND PBFX (Ownership Percentage) (Details) - shares	Sep. 30, 2015	Dec. 31, 2014
Noncontrolling Interest [Line Items]
Shares sold in public offering (in shares)	34,352,810	32,983,577
Ownership percentage	100.00%	100.00%
Public Unit Holders [Member]
Noncontrolling Interest [Line Items]
Shares sold in public offering (in shares)	15,893,313	15,812,500
Ownership percentage	46.30%	47.90%
PBF LLC [Member]
Noncontrolling Interest [Line Items]
Shares sold in public offering (in shares)	18,459,497	17,171,077
Ownership percentage	53.70%	52.10%

NONCONTROLLING INTEREST OF PB37

NONCONTROLLING INTEREST OF PBF ENERGY AND PBFX (Allocation of Equity) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Balance, beginning of period			$ 1,652,837	$ 1,779,710
Comprehensive income	$ 59,309	$ 257,268	442,895	546,953
Less: comprehensive income attributable to noncontrolling interests	9,381	4,637	26,608	7,328
Comprehensive income	68,690	261,905	469,503	554,281
Dividends and distributions			(285,148)	(286,253)
Noncontrolling Interest, Decrease from Shares received from PBFX			0
Stock-based compensation			8,757	5,377
Noncontrolling Interest, Increase from Subsidiary Equity Issuance				335,957
Exercise of PBF LLC options and warrants, net			1,425	2,477
Purchase of treasury stock			(8,073)
Balance, end of period	1,836,451	2,358,956	1,836,451	2,358,956
Payments for Repurchase of Common Stock			(8,073)	(32,593)
PBF Energy [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Balance, beginning of period			1,316,468	1,779,710
Comprehensive income			442,895	546,953
Dividends and distributions			(268,066)	(283,680)
Noncontrolling Interest, Decrease from Shares received from PBFX			11,390	4,249
Stock-based compensation			6,329	4,724
Noncontrolling Interest, Increase from Subsidiary Equity Issuance				0
Exercise of PBF LLC options and warrants, net			1,425	2,477
Purchase of treasury stock			(8,073)	32,593
Balance, end of period	1,499,518	2,021,840	1,499,518	2,021,840
Noncontrolling Interest [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Balance, beginning of period			336,369	0
Less: comprehensive income attributable to noncontrolling interests			26,608	7,328
Dividends and distributions			(17,082)	(2,573)
Noncontrolling Interest, Decrease from Shares received from PBFX			(11,390)	(4,249)
Stock-based compensation			2,428	653
Noncontrolling Interest, Increase from Subsidiary Equity Issuance				335,957
Exercise of PBF LLC options and warrants, net			0	0
Purchase of treasury stock			0	0
Balance, end of period	$ 336,933	$ 337,116	$ 336,933	$ 337,116

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2015	Dec. 31, 2014
Inventory [Line Items]
Crude oil and feedstocks	$ 976,032		$ 976,032			$ 979,878
Refined products and blendstocks	855,517		855,517			775,767
Warehouse stock and other	40,890		40,890			36,726
Inventory, Gross	1,872,439		1,872,439			1,792,371
Lower of cost or market reserve	(771,257)		(771,257)		$ 562,944	(690,110)
Inventories	1,101,182		1,101,182			1,102,261
Income (loss) from operations	92,537	$ 281,135	539,389	$ 629,189
Titled Inventory [Member]
Inventory [Line Items]
Crude oil and feedstocks	954,744		954,744			918,756
Refined products and blendstocks	545,279		545,279			520,308
Warehouse stock and other	40,890		40,890			36,726
Inventory, Gross	1,540,913		1,540,913			1,475,790
Lower of cost or market reserve	(662,638)		(662,638)			(609,774)
Inventories	878,275		878,275			866,016
Inventory Supply and Offtake Arrangements [Member]
Inventory [Line Items]
Crude oil and feedstocks	21,288		21,288			61,122
Refined products and blendstocks	310,238		310,238			255,459
Warehouse stock and other	0		0			0
Inventory, Gross	331,526		331,526			316,581
Lower of cost or market reserve	(108,619)		(108,619)			(80,336)
Inventories	222,907		222,907			$ 236,245
Scenario, Adjustment [Member]
Inventory [Line Items]
Income (loss) from operations	$ (208,313)		$ (81,147)

DEFERRED CHARGES AND OTHER AS39

DEFERRED CHARGES AND OTHER ASSETS, NET (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred turnaround costs, net	$ 183,618	$ 204,987
Catalyst, net	71,516	77,322
Deferred financing costs, net	34,495	32,280
Linefill	10,230	10,230
Restricted cash	1,500	1,521
Intangible assets, net	231	357
Other	9,830	5,972
Deferred charges and other assets	$ 311,420	$ 332,669

ACCRUED EXPENSES (Details)

ACCRUED EXPENSES (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Accrued Expenses:
Inventory-related accruals	$ 407,678	$ 588,297
Inventory supply and intermediation arrangements	212,930	253,549
Accrued distribution	115,228	0
Accrued transportation costs	49,548	59,959
Accrued salaries and benefits	37,766	56,117
Excise and sales tax payable	20,430	40,444
Accrued interest	20,100	23,127
Accrued utilities	9,633	22,337
Customer deposits	8,910	24,659
Accrued construction in progress	4,634	31,452
Renewable energy credit obligations	0	286
Other	21,641	30,678
Total accrued expenses	$ 908,498	$ 1,130,905

CREDIT FACILITIES (Details)

CREDIT FACILITIES (Details) - USD ($)	May. 12, 2015	Apr. 29, 2015	Mar. 25, 2014
Debt Instrument [Line Items]
Proceeds from issuance of secured debt	$ 343,000,000
Senior Secured Notes Issued in 2015 [Member]
Debt Instrument [Line Items]
Debt amount	$ 350,000,000
Stated interest rate	6.875%
PBF Rail Logistics Company LLC [Member] | Line of Credit [Member] | Rail Facility [Member]
Debt Instrument [Line Items]
Borrowing capacity		$ 150,000,000	$ 250,000,000
Management [Member] | Senior Secured Notes Issued in 2015 [Member]
Debt Instrument [Line Items]
Debt amount	$ 19,910,000

CREDIT FACILITIES PARENT FINANC

CREDIT FACILITIES PARENT FINANCIALS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 471,582	$ 477,393	$ 471,582	$ 477,393	$ 367,780	$ 76,970
Prepaid expense and other current assets	71,398		71,398		32,452
Total current assets	2,039,786		2,039,786		2,053,762
Total assets	4,545,604		4,545,604		4,558,200
Current liabilities:
Total liabilities, Series B units and equity	4,545,604		4,545,604		4,558,200
Total equity	1,836,451	2,358,956	1,836,451	2,358,956	1,652,837	$ 1,779,710
Interest expense, net	(29,360)	(24,855)	(80,183)	(76,728)
Net income	68,171	261,823	468,188	553,665
PBF LLC [Member]
Current assets:
Cash and cash equivalents	83,924		83,924		135,210
Due from related parties	268,090		268,090		0
Prepaid expense and other current assets	15,234		15,234		0
Total current assets	367,248		367,248		135,210
Intercompany note receivable	18,178		18,178		12,510
Investment in subsidiaries	1,235,039		1,235,039		1,173,854
Total assets	1,620,465		1,620,465		1,321,574
Current liabilities:
Due to related parties	115,228		115,228		0
Total liabilities, Series B units and equity	1,620,465		1,620,465		1,321,574
Total equity	1,505,237		1,505,237		$ 1,321,574
Equity in earnings of subsidiaries	59,083	257,191	441,770	546,180
Interest expense, net	293	5	190	(157)
Net income	$ 58,790	$ 257,186	$ 441,580	$ 546,337

MARKETABLE SECURITIES (Details)

MARKETABLE SECURITIES (Details) - USD ($)	May. 14, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Payments to acquire marketable securities		$ 1,609,286,000	$ 1,188,906,000
Marketable securities		$ 234,249,000		$ 234,930,000
PBF Logistics LP [Member] | US Treasury And Other Investments [Member]
Payments to acquire marketable securities	$ 300,000,000
Marketable Securities, maturity range, start		1 month
Marketable securities, maturity range, maximum		3 months

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details)	Mar. 03, 2014ppm	Sep. 30, 2015USD ($)ppm	Dec. 31, 2010ppm	Dec. 31, 2014USD ($)
Loss Contingencies [Line Items]
Percent of tax benefit received from increases in tax basis paid to stockholders		85.00%
PBF Energy [Member] | Class A Common Stock [Member]
Loss Contingencies [Line Items]
Percentage of ownership in PBF LLC		94.40%		89.90%
Environmental Issue [Member]
Loss Contingencies [Line Items]
Environmental liability		$ 10,714,000		$ 10,476,000
Discount rate used for environmental liability assessment		8.00%
Maximum amount of sulfur allowed in heating oil (in ppm) | ppm	10	80
Environmental Issue [Member] | Valero [Member]
Loss Contingencies [Line Items]
Maximum pre-disposal environmental obligations of Valero		$ 20,000,000
Environmental Issue [Member] | PBF Energy and Valero [Member]
Loss Contingencies [Line Items]
Term of insurance policies		10 years
Maximum pre-disposal environmental obligations of Valero		$ 75,000,000
Environmental Issue [Member] | New York [Member]
Loss Contingencies [Line Items]
Maximum amount of sulfur allowed in heating oil (in ppm) | ppm			15

DIVIDENDS AND DISTRIBUTIONS (De

DIVIDENDS AND DISTRIBUTIONS (Details) - USD ($) $ / shares in Units, $ in Thousands	Aug. 31, 2015	Aug. 10, 2015	May. 29, 2015	May. 27, 2015	Mar. 10, 2015	Mar. 04, 2015	Sep. 30, 2015
Class A Common Stock [Member]
Distribution Made to Member or Limited Partner [Line Items]
Aggregate amount of dividends paid							$ 77,287
PBF LLC [Member]
Distribution Made to Member or Limited Partner [Line Items]
Distribution made to partners							186,112
PBF LLC [Member] | Cash Distribution [Member]
Distribution Made to Member or Limited Partner [Line Items]
Distributions paid							82
PBF LLC [Member] | PBF Energy [Member] | Cash Distribution [Member]
Distribution Made to Member or Limited Partner [Line Items]
Distributions paid							77,287
PBF LLC [Member] | PBF Energy Inc. [Member]
Distribution Made to Member or Limited Partner [Line Items]
Distribution made to partners							$ 175,551
PBF Energy Inc. [Member] | Class A Common Stock [Member]
Distribution Made to Member or Limited Partner [Line Items]
Dividends per common share (in dollars per share)		$ 0.30		$ 0.30	$ 0.30
PBF Energy [Member] | Class A Common Stock [Member]
Distribution Made to Member or Limited Partner [Line Items]
Dividends per common share (in dollars per share)							$ 0.90
PBF Logistics LP [Member]
Distribution Made to Member or Limited Partner [Line Items]
Distribution made to partner (in dollars per share)	$ 0.37		$ 0.35			$ 0.33
Distribution made to partners							$ 35,772
PBF Logistics LP [Member] | PBF Energy [Member]
Distribution Made to Member or Limited Partner [Line Items]
Distribution made to partners							$ 18,690

TREASURY UNITS (Details)

TREASURY UNITS (Details) - USD ($)		3 Months Ended			9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014		Sep. 30, 2015		Sep. 30, 2014		Oct. 29, 2014	Aug. 19, 2014
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Treasury Stock, Value, Beginning of Period					$ 142,731,000
Purchase of treasury stock					8,073,000
Treasury Stock, Value, End of Period		$ 150,804,000			150,804,000
Additional shares available to repurchase, value		149,196,000			$ 149,196,000
Class A Common Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Treasury Stock, Shares, Beginning of Period	[1]				5,765,946
Treasury Stock, Value, Beginning of Period					$ 142,731,000
Purchase of treasury stock					8,073,000
Series C Units [Member]
Equity, Class of Treasury Stock [Line Items]
Repurchased amount										$ 200,000,000
Additional shares authorized, value									$ 100,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Purchase of treasury stock		$ 4,073,000	$ 32,593,000		$ 8,073,000		$ 32,593,000
Shares purchased during the nine months ended September 30, 2015		142,487	1,354,943	[1]	284,771	[1]	1,354,943	[1]
Treasury Stock, Shares, End of Period	[1]	6,050,717			6,050,717
Treasury Stock, Value, End of Period		$ 150,804,000			$ 150,804,000
[1]	The shares purchased include only those shares that have settled as of the period end date.

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Pension Plan, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 5,790	$ 5,134	$ 17,369	$ 14,276
Interest cost	710	616	2,126	1,787
Expected return on plan assets	(830)	(546)	(2,489)	(1,609)
Amortization of prior service costs	13	13	39	26
Amortization of loss	311	277	933	757
Net periodic benefit cost	5,994	5,494	17,978	15,237
Post Retirement Medical Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	243	269	731	747
Interest cost	134	125	403	353
Amortization of prior service costs	76	52	228	107
Amortization of loss	0	0	0	(4)
Net periodic benefit cost	$ 453	$ 446	$ 1,362	$ 1,203

FAIR VALUE MEASUREMENTS (Measur

FAIR VALUE MEASUREMENTS (Measured on Recurring Basis) (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	$ 234,249	$ 234,930
Non-qualified pension plan assets	9,441	5,494
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	234,249	234,930
Non-qualified pension plan assets	9,441	5,494
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Non-qualified pension plan assets	0	0
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Non-qualified pension plan assets	0	0
Inventory Intermediation Agreement Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	44,684
Derivative assets, effect of counter-party netting	0
Derivative assets, net carrying value	44,684
Inventory Intermediation Agreement Obligation [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	0
Inventory Intermediation Agreement Obligation [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	44,684
Inventory Intermediation Agreement Obligation [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	0
Catalyst lease obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability, effect of counter-party netting	0	0
Catalyst lease obligations	27,577	36,559
Catalyst lease obligations [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Catalyst lease obligations	0	0
Catalyst lease obligations [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Catalyst lease obligations	27,577	36,559
Catalyst lease obligations [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Catalyst lease obligations	0	0
Commodity contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability, gross carrying value	137,670	397,676
Derivative liability, effect of counter-party netting	(137,670)	(397,676)
Derivative Liability	0	0
Commodity contract [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability, gross carrying value	134,702
Derivative Liability		390,144
Commodity contract [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability, gross carrying value	1,945
Derivative Liability		7,338
Commodity contract [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	1,023	194
Derivatives included with inventory supply arrangement obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	1,031	4,251
Derivative assets, effect of counter-party netting	0	0
Derivative assets, net carrying value	1,031	4,251
Derivatives included with inventory supply arrangement obligations [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	0	0
Derivatives included with inventory supply arrangement obligations [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	1,031	4,251
Derivatives included with inventory supply arrangement obligations [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	0	0
Money market funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	342,414	5,575
Money market funds [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	342,414	5,575
Money market funds [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	0	0
Money market funds [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	0	0
Commodity contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	160,455	428,831
Derivative assets, effect of counter-party netting	(137,670)	(397,676)
Derivative assets, net carrying value	22,785	31,155
Commodity contract [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	148,907	415,023
Commodity contract [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	10,710	12,093
Commodity contract [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, net carrying value	$ 838	1,715
Inventory Intermediation Agreement Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value		94,834
Derivative assets, effect of counter-party netting		0
Derivative assets, net carrying value		94,834
Inventory Intermediation Agreement Obligation [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value		0
Inventory Intermediation Agreement Obligation [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value		94,834
Inventory Intermediation Agreement Obligation [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value		$ 0

FAIR VALUE MEASUREMENTS (Change

FAIR VALUE MEASUREMENTS (Change in Fair Value at Level 3) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Change in Fair Value Measurement Categorized in Level 3 [Roll Forward]
Transfers into Level 3	$ 0	$ 0	$ 0	$ 0
Balance at end of period		13,046,000		13,046,000
Commodity Contract [Member]
Change in Fair Value Measurement Categorized in Level 3 [Roll Forward]
Balance at beginning of period	1,905,000	2,689,000	1,521,000	(23,365,000)
Purchases	0	0	0	0
Settlements	(1,238,000)	(9,020,000)	(12,549,000)	(5,353,000)
Unrealized loss included in earnings	(852,000)	19,377,000	10,843,000	41,764,000
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Balance at end of period	$ (185,000)	$ 13,046,000	$ (185,000)	$ 13,046,000

FAIR VALUE MEASUREMENTS (Fair V

FAIR VALUE MEASUREMENTS (Fair Value and Carrying Value of Debt) (Details) - USD ($) $ in Thousands		Sep. 30, 2015	Dec. 31, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, Carrying value		$ 1,373,122	$ 1,252,349
Long-term debt, Fair value		1,363,292	1,259,409
Current maturities, Carrying value		0	0
Current maturities, Fair value		0	0
Long-term debt excluding current maturities, Carrying value		1,373,122	1,252,349
Long-term debt excluding current maturities, Fair value		1,363,292	1,259,409
Senior secured notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, Carrying value	[1]	669,354	668,520
Long-term debt, Fair value	[1]	680,548	675,580
Line of Credit Facility, Amount Outstanding	[2]	0	0
Line of credit, Fair value	[2]	0	0
Senior Secured Notes Issued in 2015 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Line of Credit Facility, Amount Outstanding	[1]	350,000	0
Line of credit, Fair value	[1]	328,976	0
Rail Facility [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Line of Credit Facility, Amount Outstanding		67,491	37,270
Line of credit, Fair value		67,491	37,270
PBFX Term Loan [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, Carrying value	[2]	234,200	234,900
Long-term debt, Fair value	[2]	234,200	234,900
PBFX Revolving Credit Facility [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Line of Credit Facility, Amount Outstanding	[2]	24,500	275,100
Line of credit, Fair value	[2]	24,500	275,100
Catalyst lease obligations [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, Carrying value	[3]	27,577	36,559
Long-term debt, Fair value	[3]	$ 27,577	$ 36,559
[1]	The estimated fair value, categorized as a Level 2 measurement, was calculated based on the present value of future expected payments utilizing implied current market interest rates based on quoted prices of the Senior Secured Notes and the PBFX Senior Notes.
[2]	The estimated fair value approximates carrying value, categorized as a Level 2 measurement, as these borrowings bear interest based upon short-term floating market interest rates.
[3]	Catalyst leases are valued using a market approach based upon commodity prices for similar instruments quoted in active markets and are categorized as a Level 2 measurement. The Company has elected the fair value option for accounting for its catalyst lease repurchase obligations as the Company's liability is directly impacted by the change in fair value of the underlying catalyst.

DERIVATIVES (Narrative) (Detail

DERIVATIVES (Narrative) (Details) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2015USD ($)bbl	Sep. 30, 2015USD ($)bbl	Dec. 31, 2014bbl
Derivative [Line Items]
Loss on fair value hedge ineffectiveness | $	$ 0	$ 0
Crude Oil and Feedstock Inventory [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, notional amount, volume	0	0	0
Crude Oil and Feedstock Inventory [Member] | Fair Value Hedging [Member]
Derivative [Line Items]
Derivative, notional amount, volume	238,306	238,306	662,579
Intermediates and Refined Products Inventory [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, notional amount, volume	0	0	0
Intermediates and Refined Products Inventory [Member] | Fair Value Hedging [Member]
Derivative [Line Items]
Derivative, notional amount, volume	3,130,766	3,130,766	3,106,325
Crude Oil Commodity Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, notional amount, volume	45,651,000	45,651,000	47,339,000
Refined Product Commodity Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, notional amount, volume	2,277,000	2,277,000	1,970,871

DERIVATIVES (Fair Value of Deri

DERIVATIVES (Fair Value of Derivative Instruments) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Designated as Hedging Instrument [Member] | Inventory Supply Arrangement Obligation [Member] | Accrued Expenses [Member]
Derivatives, Fair Value [Line Items]
Fair Value Asset/(Liability)	$ 1,031	$ 4,251
Designated as Hedging Instrument [Member] | Inventory Intermediation Agreement Obligation [Member] | Accrued Expenses [Member]
Derivatives, Fair Value [Line Items]
Fair Value Asset/(Liability)	44,684	94,834
Not Designated as Hedging Instrument [Member] | Commodity Contract [Member] | Accounts Receivable [Member]
Derivatives, Fair Value [Line Items]
Fair Value Asset/(Liability)	$ 22,785	$ 31,155

DERIVATIVES (Gain (Loss) Recogn

DERIVATIVES (Gain (Loss) Recognized in Income) (Details) - Cost of Sales [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Designated as Hedging Instrument [Member] | Inventory Supply Arrangement Obligation [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain or (Loss) Recognized in Income on Derivatives	$ 1,409	$ 2,729	$ (3,220)	$ 1,660
Designated as Hedging Instrument [Member] | Inventory Intermediation Agreement Obligation [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain or (Loss) Recognized in Income on Derivatives	34,424	20,900	(50,150)	29,942
Designated as Hedging Instrument [Member] | Crude Oil and Feedstock Inventory [Member] | Fair Value Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain or (Loss) Recognized in Income on Derivatives	(1,409)	(2,729)	3,220	(1,660)
Designated as Hedging Instrument [Member] | Intermediates and Refined Products Inventory [Member] | Fair Value Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain or (Loss) Recognized in Income on Derivatives	(34,424)	(20,900)	50,150	(29,942)
Not Designated as Hedging Instrument [Member] | Commodity Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain or (Loss) Recognized in Income on Derivatives	$ 31,017	$ 70,624	$ (14,080)	$ 101,902

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Thousands, bbl in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)bblreportable_segmentbbl / dmi	Sep. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | reportable_segment			2
Revenues	$ 3,217,640	$ 5,260,003	$ 9,763,440	$ 15,308,155
Depreciation and amortization expense	48,133	68,010	144,401	135,887
Income (loss) from operations	92,537	281,135	539,389	629,189
Interest expense, net	29,360	24,855	80,183	76,728
Capital expenditures	83,504	157,856	335,909	330,744
Assets	4,545,604		$ 4,545,604		$ 4,558,200
Refining Group [Member]
Segment Reporting Information [Line Items]
Plant capacity (in barrels per day) | bbl / d			540,000
Revenues	3,217,640	5,260,003	$ 9,763,440	15,308,155
Depreciation and amortization expense	44,366	63,532	131,817	122,858
Income (loss) from operations	114,925	316,244	591,005	741,483
Interest expense, net	4,110	5,314	13,387	20,404
Capital expenditures	81,969	110,340	332,544	250,701
Assets	4,062,727		4,062,727		4,135,494
PBF Logistics LP [Member]
Segment Reporting Information [Line Items]
Revenues	37,082	17,060	104,796	29,409
Depreciation and amortization expense	1,649	1,177	4,919	2,906
Income (loss) from operations	27,463	5,942	71,914	4,491
Interest expense, net	7,180	827	14,065	1,183
Capital expenditures	962	14,874	1,182	40,993
Assets	432,663		432,663		410,141
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Revenues	0	0	0	0
Depreciation and amortization expense	2,118	3,301	7,665	10,123
Income (loss) from operations	(49,851)	(41,051)	(123,530)	(116,785)
Interest expense, net	18,070	18,714	52,731	55,141
Capital expenditures	573	32,642	2,183	39,050
Assets	74,486		74,486		24,195
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues	(37,082)	(17,060)	(104,796)	(29,409)
Depreciation and amortization expense	0	0	0	0
Income (loss) from operations	0	0	0	0
Interest expense, net	0	0	0	0
Capital expenditures	0	$ 0	0	$ 0
Assets	$ (24,272)		$ (24,272)		$ (11,630)
Delaware City Truck Rack [Member] | PBF Logistics LP [Member]
Segment Reporting Information [Line Items]
Number Of Unloading Lanes			15
Unloading capacity (in barrels per day) | bbl / d			76,000
Propane Truck Loading Facility [Member] | PBF Logistics LP [Member]
Segment Reporting Information [Line Items]
Unloading capacity (in barrels per day) | bbl / d			11,000
Delaware City Products Pipeline [Member] | PBF Logistics LP [Member]
Segment Reporting Information [Line Items]
Oil and Gas, Pipeline Diameter			16
Oil And Gas Plant, Pipeline Capacity | bbl / d			125,000
Oil and Gas, Pipeline miles | mi			23.4
Toledo Truck Unloading Terminal [Member] | PBF Logistics LP [Member]
Segment Reporting Information [Line Items]
Unloading capacity (in barrels per day) | bbl / d			22,500
Delaware City Rail Unloading Terminal [Member] | PBF Logistics LP [Member]
Segment Reporting Information [Line Items]
Unloading capacity (in barrels per day) | bbl / d			130,000
Delaware City West Heavy Crude Unloading Rack [Member] | PBF Logistics LP [Member]
Segment Reporting Information [Line Items]
Unloading capacity (in barrels per day) | bbl / d			40,000
Toledo Tank Farm [Member] | PBF Logistics LP [Member]
Segment Reporting Information [Line Items]
Oil And Gas Plant, Maximum Storage Capacity | bbl			3.9

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($)

Nov. 30, 2015

Nov. 24, 2015

Nov. 09, 2015

Nov. 01, 2015

Oct. 29, 2015

Oct. 13, 2015

Aug. 10, 2015

May. 27, 2015

May. 12, 2015

Mar. 10, 2015

Sep. 30, 2015

Dec. 31, 2014

Subsequent Event [Line Items]

Proceeds from issuance of secured debt

$ 343,000,000

PBF Logistics LP [Member]

Subsequent Event [Line Items]

Distribution made to partners

$ 35,772,000

PBF Energy Inc. [Member] | Class A Common Stock [Member]

Subsequent Event [Line Items]

Dividends per common share (in dollars per share)

$ 0.30

$ 0.30

$ 0.30

PBF Energy [Member] | Class A Common Stock [Member]

Subsequent Event [Line Items]

Dividends per common share (in dollars per share)

$ 0.90

Shares, outstanding

85,893,849.97

Percentage of ownership in PBF LLC

94.40%

89.90%

PBF LLC [Member]

Subsequent Event [Line Items]

Distribution made to partners

$ 186,112,000

PBF LLC [Member] | Series A Units [Member]

Subsequent Event [Line Items]

Shares, outstanding

5,111,358

Percentage of ownership in PBF LLC

5.60%

Subsequent Event [Member] | Class A Common Stock [Member]

Subsequent Event [Line Items]

Common Stock, Dividends, Per Share, Declared

$ 0.30

Subsequent Event [Member] | PBF Logistics LP [Member]

Subsequent Event [Line Items]

Cash distribution (in dollars per share)

$ 0.39

Distribution made to partners

$ 13,751,000

Subsequent Event [Member] | PBF Energy [Member] | Class A Common Stock [Member]

Subsequent Event [Line Items]

Percentage of ownership in PBF LLC

95.00%

Subsequent Event [Member] | PBF Energy [Member] | Series C Units [Member]

Subsequent Event [Line Items]

Sale of Stock, Number of Shares Issued in Transaction

11,500,000

Shares, outstanding

97,393,850

Subsequent Event [Member] | PBF LLC [Member]

Subsequent Event [Line Items]

Distribution made to partners

$ 30,818,000

Dividends per common share (in dollars per share)

$ 0.30

Subsequent Event [Member] | PBF LLC [Member] | Series A Units [Member]

Subsequent Event [Line Items]

Shares, outstanding

5,111,358

Percentage of ownership in PBF LLC

5.00%

Public Offering [Member] | Subsequent Event [Member] | PBF Energy Inc. [Member] | Class A Common Stock [Member]

Subsequent Event [Line Items]

Public offering (in shares)

11,500,000

Proceeds from Issuance or Sale of Equity

$ 344,000,000

Over-Allotment Option [Member] | Subsequent Event [Member] | PBF Energy Inc. [Member] | Class A Common Stock [Member]

Subsequent Event [Line Items]

Public offering (in shares)

1,500,000

Chalmette Refining L.L.C. [Member] | Subsequent Event [Member]

Subsequent Event [Line Items]

Consideration transferred

$ 322,000,000

Business Combination, Estimated Inventory And Working Capital Acquire

$ 233,083,000

T&M Terminal Company [Member] | Subsequent Event [Member] | Charlmette Refining [Member]

Subsequent Event [Line Items]

Noncontrolling Interest, Ownership Percentage by Parent

80.00%

MOEM Pipeline [Member] | Subsequent Event [Member] | Charlmette Refining [Member]

Subsequent Event [Line Items]

Noncontrolling Interest, Ownership Percentage by Parent

100.00%

Collins Pipeline Company [Member] | Subsequent Event [Member] | Charlmette Refining [Member]

Subsequent Event [Line Items]

Noncontrolling Interest, Ownership Percentage by Parent

80.00%

PBF Energy Inc. [Member] | PBF LLC [Member]

Subsequent Event [Line Items]

Distribution made to partners

$ 175,551,000

PBF Energy Inc. [Member] | Subsequent Event [Member] | PBF LLC [Member]

Subsequent Event [Line Items]

Distribution made to partners

$ 29,297,000

7% Senior Secured Notes due 2023 [Member] [Member] | Subsequent Event [Member]

Subsequent Event [Line Items]

Debt amount

$ 500,000,000

Stated interest rate

7.00%

Proceeds from issuance of secured debt

$ 490,000,000

Senior Notes [Member] | Line of Credit [Member] | Subsequent Event [Member] | PBF Rail Logistics Company LLC [Member]

Subsequent Event [Line Items]

Borrowing capacity

$ 2,600,000,000,000,000