The Andersons, Inc. (ANDE) 10-Q 7 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares shares in Millions	6 Months Ended
	Jun. 30, 2017	Jul. 28, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	Andersons, Inc.
Entity Central Index Key	821,026
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Amendment Flag	false
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		28.4

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands		Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Current assets:
Cash and cash equivalents		$ 18,934	$ 62,630	$ 31,383
Restricted cash		1,033	471	987
Accounts receivable, net		186,331	194,698	212,588
Inventories		463,205	682,747	486,236
Commodity derivative assets – current		11,619	45,447	115,924
Other current assets		59,873	72,133	48,754
Assets held for sale (Note 16)		10,028	0	0
Total current assets		751,023	1,058,126	895,872
Other assets:
Commodity derivative assets – noncurrent		1,191	100	1,934
Goodwill (Note 17)		23,105	63,934	63,934
Other intangible assets, net		113,492	106,100	113,245
Other assets, net		8,686	10,411	6,549
Equity method investments		215,794	216,931	238,478
Investments and Other Noncurrent Assets		362,268	397,476	424,140
Rail Group assets leased to others, net		375,092	327,195	340,136
Property, plant and equipment, net		423,042	450,052	447,267
Total assets		1,911,425	2,232,849	2,107,415
Current liabilities:
Short-term debt		124,000	29,000	179,404
Trade and other payables		267,194	581,826	302,413
Customer prepayments and deferred revenue		15,113	48,590	18,252
Commodity derivative liabilities – current		18,104	23,167	43,183
Accrued expenses and other current liabilities		69,256	69,648	71,169
Current maturities of long-term debt		62,482	47,545	53,720
Total current liabilities		556,149	799,776	668,141
Other long-term liabilities		34,441	27,833	30,430
Commodity derivative liabilities – noncurrent		334	339	2,182
Employee benefit plan obligations		36,837	35,026	44,902
Long-term debt, less current maturities		354,066	397,065	398,746
Deferred income taxes		181,806	182,113	179,911
Total liabilities		1,163,633	1,442,152	1,324,312
Commitments and contingencies
Shareholders’ equity:
Common shares, without par value (63,000 shares authorized; 29,430 shares issued at 6/30/2017, 12/31/16 and 6/30/2016)		96	96	96
Preferred shares, without par value (1,000 shares authorized; none issued)		0	0	0
Additional paid-in-capital		222,261	222,910	219,489
Treasury shares, at cost (1,080, 1,201 and 1,190 shares at 6/30/2017, 12/31/16 and 6/30/2016, respectively)		(40,945)	(45,383)	(44,970)
Accumulated other comprehensive loss	[1]	(11,993)	(12,468)	(17,094)
Retained earnings		570,406	609,206	606,177
Total shareholders’ equity of The Andersons, Inc.		739,825	774,361	763,698
Noncontrolling interests		7,967	16,336	19,405
Total equity		747,792	790,697	783,103
Total liabilities and equity		$ 1,911,425	$ 2,232,849	$ 2,107,415
[1]	All amounts are net of tax. Amounts in parentheses indicate debits

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) (Unaudited) - $ / shares	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Statement of Financial Position [Abstract]
Common shares, par value (dollars per share)
Common shares, shares authorized (shares)	63,000,000	63,000,000	63,000,000
Common shares, shares issued (shares)	29,430,000	29,430,000	29,430,000
Preferred shares, par value (dollars per share)
Preferred shares, shares authorized (shares)	1,000,000	1,000,000	1,000,000
Preferred shares, shares issued (shares)	0	0	0
Treasury shares, at cost (shares)	1,080,000	1,201,000	1,190,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Statement [Abstract]
Sales and merchandising revenues	$ 993,662	$ 1,064,244	$ 1,845,678	$ 1,952,123
Cost of sales and merchandising revenues	905,828	967,202	1,681,386	1,787,326
Gross profit	87,834	97,042	164,292	164,797
Operating, administrative and general expenses	69,928	75,405	151,875	155,286
Goodwill impairment	42,000	0	42,000	0
Interest expense	5,988	6,554	12,088	13,605
Other income (loss):
Equity in earnings (losses) of affiliates, net	6,385	2,344	4,507	(4,633)
Other income, net	4,632	5,682	12,529	8,928
Income (loss) before income taxes	(19,065)	23,109	(24,635)	201
Income tax provision (benefit)	7,652	7,668	5,117	382
Net income (loss)	(26,717)	15,441	(29,752)	(181)
Net income (loss) attributable to the noncontrolling interests	(64)	1,018	(10)	92
Net income (loss) attributable to The Andersons, Inc.	$ (26,653)	$ 14,423	$ (29,742)	$ (273)
Per common share:
Basic earnings attributable to The Andersons, Inc. common shareholders (dollars per share)	$ (0.94)	$ 0.51	$ (1.05)	$ (0.01)
Diluted earnings attributable to The Andersons, Inc. common shareholders (dollars per share)	(0.94)	0.51	(1.05)	(0.01)
Dividends declared (dollars per share)	$ 0.160	$ 0.155	$ 0.320	$ 0.31

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income (loss)		$ (26,717)	$ 15,441	$ (29,752)	$ (181)
Other comprehensive income (loss), net of tax:
Change in fair value of debt securities (net of income tax of $0, $0, $0 and $74)		0	0	0	(126)
Change in unrecognized actuarial loss and prior service cost (net of income tax of $(628), $653, $(635) and $663 - Note 8)		(988)	1,121	(998)	1,294
Foreign currency translation adjustments (net of income tax of $0, $0, $0 and $0)		959	52	1,473	2,557
Cash flow hedge activity (net of income tax of $0, $36, $0, and $72)		0	60	0	120
Other comprehensive income (loss)	[1]	(29)	1,233	475	3,845
Comprehensive income (loss)		(26,746)	16,674	(29,277)	3,664
Comprehensive income (loss) attributable to the noncontrolling interests		(64)	1,018	(10)	92
Comprehensive income (loss) attributable to The Andersons, Inc.		$ (26,682)	$ 15,656	$ (29,267)	$ 3,572
[1]	All amounts are net of tax. Amounts in parentheses indicate debits

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Change in estimated fair value of investment in debt securities, tax	$ 0	$ 0	$ 0	$ 74
Unrecognized actuarial loss and prior service costs, tax	(628)	653	(635)	663
Foreign currency translation adjustments, tax	0	0	0	0
Income tax on cash flow hedge activity	$ 0	$ 36	$ 0	$ 72

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Operating activities
Net income (loss)	$ (29,752)	$ (181)
Adjustments to reconcile net income (loss) to cash used in operating activities:
Depreciation and amortization	42,878	41,379
Bad debt expense	839	491
Equity in (earnings) losses of affiliates, net of dividends	(3,793)	7,181
Gains on sale of facilities and investments in affiliates	(4,701)	(685)
Gains on sale of Rail Group assets and related leases	(4,984)	(4,725)
Deferred income taxes	(628)	(1,601)
Stock-based compensation expense	2,935	3,696
Goodwill impairment	42,000	0
Other	(2,339)	234
Changes in operating assets and liabilities:
Accounts receivable	13,086	(43,650)
Inventories	213,064	224,368
Commodity derivatives	27,670	(60,443)
Other assets	10,629	35,612
Payables and other accrued expenses	(352,133)	(396,037)
Net cash provided by (used in) operating activities	(45,229)	(194,361)
Investing Activities
Acquisition of business, net of cash acquired	(3,507)	0
Purchases of Rail Group assets	(66,506)	(27,504)
Proceeds from sale of Rail Group assets	9,390	10,397
Purchases of property, plant and equipment and capitalized software	(15,976)	(34,443)
Proceeds from sale of property, plant and equipment	646	173
Proceeds from returns of investments in affiliates	0	15,013
Proceeds from sale of facilities and investments	13,788	54,330
Purchase of investments	(2,429)	(2,523)
Other	437	(538)
Net cash provided by (used in) investing activities	(64,157)	14,905
Financing Activities
Net change in short-term borrowings	93,941	164,000
Proceeds from issuance of long-term debt	15,175	77,564
Proceeds from long-term financing arrangement	10,396	0
Payments of long-term debt	(42,849)	(85,177)
Proceeds from sale of treasury shares to employees and directors	473	1,282
Payments of debt issuance costs	(2,024)	(309)
Dividends paid	(8,984)	(8,679)
Other	(438)	(1,592)
Net cash provided by (used in) financing activities	65,690	147,089
Decrease in cash and cash equivalents	(43,696)	(32,367)
Cash and cash equivalents at beginning of period	62,630	63,750
Cash and cash equivalents at end of period	$ 18,934	$ 31,383

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Equity (Unaudited) - USD ($) $ in Thousands	Total		Common Shares	Additional Paid-in Capital	Treasury Shares	Accumulated Other Comprehensive Loss	Retained Earnings	Noncontrolling Interests
Beginning Balance at Dec. 31, 2015	$ 783,739		$ 96	$ 222,848	$ (52,902)	$ (20,939)	$ 615,151	$ 19,485
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(181)						(273)	92
Other comprehensive income (loss)	3,845	[1]				3,845
Other change in noncontrolling interest	(172)							(172)
Stock awards, stock option exercises and other shares issued to employees and directors, net of income tax of ($323) (122 shares) and $424 (207 shares)	4,553			(3,379)	7,932
Dividends declared ($0.32 and $0.31 per common share)	(8,681)						(8,681)
Restricted share award dividend equivalents				20			(20)
Ending Balance at Jun. 30, 2016	783,103		96	219,489	(44,970)	(17,094)	606,177	19,405
Beginning Balance at Dec. 31, 2016	790,697		96	222,910	(45,383)	(12,468)	609,206	16,336
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(29,752)						(29,742)	(10)
Other comprehensive income (loss)	475	[1]				475
Other change in noncontrolling interest	(8,359)							(8,359)
Stock awards, stock option exercises and other shares issued to employees and directors, net of income tax of ($323) (122 shares) and $424 (207 shares)	3,732			(654)	4,386
Dividends declared ($0.32 and $0.31 per common share)	(9,001)						(9,001)
Restricted share award dividend equivalents	0			5	52		(57)
Ending Balance at Jun. 30, 2017	$ 747,792		$ 96	$ 222,261	$ (40,945)	$ (11,993)	$ 570,406	$ 7,967
[1]	All amounts are net of tax. Amounts in parentheses indicate debits

Condensed Consolidated Stateme9

Condensed Consolidated Statements of Equity (Parenthetical) (Unaudited) - USD ($) shares in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Dividends declared, per common share	$ 0.320	$ 0.31
Additional Paid-in Capital
Income tax on stock option exercise and other shares issued to employees and directors	$ (323)	$ 424
Stock option exercises and other shares issued to employees and directors, shares	122	207
Retained Earnings
Dividends declared, per common share	$ 0.32	$ 0.31

Basis of Presentation and Conso

Basis of Presentation and Consolidation	6 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation These Condensed Consolidated Financial Statements include the accounts of The Andersons, Inc. and its wholly owned and controlled subsidiaries (the “Company”). All intercompany accounts and transactions are eliminated in consolidation. Investments in unconsolidated entities in which the Company has significant influence, but not control, are accounted for using the equity method of accounting. In the opinion of management, all adjustments consisting of normal and recurring items considered necessary for the fair presentation of the results of operations, financial position, and cash flows for the periods indicated have been made. The results in these Condensed Consolidated Financial Statements are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2017 . An unaudited Condensed Consolidated Balance Sheet as of June 30, 2016 has been included as the Company operates in several seasonal industries. The Condensed Consolidated Balance Sheet data at December 31, 2016 was derived from the audited Consolidated Financial Statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America. The accompanying unaudited Condensed Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and notes thereto included in The Andersons, Inc. Annual Report on Form 10-K for the year ended December 31, 2016 (the “2016 Form 10-K”). New Accounting Standards Revenue Recognition In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, Revenue From Contracts With Customers. The FASB issued subsequent amendments to the initial guidance in August 2015, March 2016, April 2016, May 2016, and December 2016 within ASU 2015-14, ASU 2016-08, ASU 2016-10 ASU 2016-12 and ASU 2016-20, respectively. The core principle of the new revenue model is that an entity recognizes revenue from the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. These standards are effective for annual and interim periods beginning after December 15, 2017 and early adoption is permitted. The Company plans on using the modified retrospective method of adoption and does not plan to early adopt. While we are still continuing to evaluate the potential future impact of these standards on our financial statements, we believe the following items may be impacted upon adoption: - Methodology for recognizing certain fee-based arrangements within our Grain and Ethanol segments; - Determination of whether we are the principal or agent for certain revenue streams within several of our segments; - Methodology for recognizing gains on certain sale transactions within our Rail segment. Our evaluation of these standards, which includes reviewing representative samples of customer contracts, considers the amount and timing of revenues recognized, financial statement presentation, and required disclosures. Leasing In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). ASU 2016-02 supersedes the current accounting for leases. The new standard, while retaining two distinct types of leases, finance and operating, (i) requires lessees to record a right of use asset and a related liability for the rights and obligations associated with a lease, regardless of lease classification, and recognize lease expense in a manner similar to current accounting, (ii) eliminates current real estate specific lease provisions, (iii) modifies the lease classification criteria and (iv) aligns many of the underlying lessor model principles with those in the new revenue standard. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, and interim periods within. Early adoption is permitted, however the Company does not plan to early adopt. Entities are required to use a modified retrospective approach when transitioning to ASU 2016-02 for leases that exist as of or are entered into after the beginning of the earliest comparative period presented in the financial statements. The Company expects this standard to have the effect of bringing substantially all of the off balance-sheet rail assets currently in nonrecourse financing deals noted in Item 2 of Form 10-Q onto the balance sheet along with a corresponding liability for the associated obligations. Additionally, we have other arrangements currently classified as operating leases which will be recorded as a right of use asset and corresponding liability on the balance sheet. The magnitude of these items is substantially less than the rail assets that will be recorded on the balance sheet. We expect any impact to the statement of operations to be minimal post adoption. Other applicable standards In May 2017, the FASB issued Accounting Standards Update No. 2017-09 Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting. This standard states that if the vesting conditions, fair value, and classification of the awards are the same immediately before and after the modification an entity would not apply modification accounting . The ASU is effective for annual periods beginning after December 15, 2017. Early adoption is permitted, however the Company has not chosen to do so at this time. The Company does not expect the impact from adoption of this standard to be material. In March 2017, the FASB issued Accounting Standards Update No. 2017-07 Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost. This standard requires that the service cost component be reported in the same line item as other compensation costs arising from services rendered by the employees during the period. The other components of net benefit costs should be presented in the income statement separately from the service cost component and outside of income from operations if that subtotal is presented. The ASU is effective for annual periods beginning after December 15, 2017. The Company is currently evaluating the impact this standard will have on its Consolidated Financial Statements and disclosures. In January 2017, the FASB issued ASU No. 2017-04 Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. This update removes the requirement to compare the implied fair value of goodwill with its carrying amount as part of step 2 of the goodwill impairment test. The ASU is effective prospectively for fiscal years beginning after December 15, 2019. Early adoption is permitted, and the Company elected to implement this standard in the current quarter. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. This standard clarifies how companies present and classify certain cash receipts and payments in the statement of cash flows. The standard is effective for annual and interim periods beginning after December 15, 2017. At adoption, the Company will elect to continue classifying distributions from equity method investments using the cumulative earnings approach which is consistent with current practice. In June 2016, the FASB issued ASU No. 2016-13, Measurement of Credit Losses on Financial Instruments. This update changes the accounting for credit losses on loans and held-to-maturity debt securities and requires a current expected credit loss (CECL) approach to determine the allowance for credit losses. This includes allowances for trade receivables. The Company has not historically incurred significant credit losses and does not currently anticipate circumstances that would lead to a CECL approach differing from the Company's existing allowance estimates in a material way. The guidance is effective for fiscal years beginning after December 15, 2019 with a cumulative-effect adjustment to retained earnings as of the beginning of the year of adoption. Early adoption is permitted, however the Company does not plan to do so. In January, 2016, the FASB issued Accounting Standards Update No. 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities. This standard provides guidance for the recognition, measurement, presentation, and disclosure of financial instruments. This guidance is effective for annual and interim periods beginning after December 15, 2017, and early adoption is not permitted. The Company does not expect the impact from adoption of this standard to be material to currently held financial assets and liabilities.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2017
Inventory, Net [Abstract]
Inventories	Inventories Major classes of inventories are as follows: (in thousands) June 30, December 31, June 30, Grain $ 373,863 $ 495,139 $ 348,757 Ethanol and co-products 14,041 10,887 15,298 Plant nutrients and cob products 69,365 150,259 91,227 Retail merchandise 906 20,678 25,161 Railcar repair parts 5,030 5,784 5,793 $ 463,205 $ 682,747 $ 486,236 Inventories on the Condensed Consolidated Balance Sheets at June 30, 2017 , December 31, 2016 and June 30, 2016 do not include 0.8 million , 0.9 million and 4.0 million bushels of grain, respectively, held in storage for others. The Company does not have title to the grain and is only liable for any deficiencies in grade or shortage of quantity that may arise during the storage period. Management has not experienced historical losses on any deficiencies and does not anticipate material losses in the future.

Property, Plant and Equipment

Property, Plant and Equipment	6 Months Ended
	Jun. 30, 2017
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, Plant and Equipment The components of Property, plant and equipment, net are as follows: (in thousands) June 30, December 31, June 30, Land $ 23,566 $ 30,672 $ 28,472 Land improvements and leasehold improvements 71,236 79,631 77,849 Buildings and storage facilities 298,077 322,856 290,528 Machinery and equipment 382,321 392,418 374,107 Construction in progress 7,372 12,784 51,672 782,572 838,361 822,628 Less: accumulated depreciation 359,530 388,309 375,361 $ 423,042 $ 450,052 $ 447,267 Depreciation expense on property, plant and equipment was $24.1 million and $23.8 million for the six months ended June 30, 2017 and 2016 , respectively. Additionally, depreciation expense on property, plant and equipment was $12.0 million and $11.6 million for the three months ended June 30, 2017 and 2016 , respectively. In December 2016, the Company recorded charges totaling $6.0 million for impairment of property, plant and equipment in the Retail business. This does not include $0.5 million of impairment charges related to software. The Company wrote down the value of these assets to the extent their carrying amounts exceeded fair value. The Company classified the significant assumptions used to determine fair value of the impaired assets as Level 3 inputs in the fair value hierarchy. In December 2016, the Company also recorded charges totaling $2.3 million for impairment of property, plant and equipment in the Plant Nutrient segment due to the closing of a cob facility. Rail Group Assets The components of Rail Group assets leased to others are as follows: (in thousands) June 30, December 31, June 30, Rail Group assets leased to others $ 482,524 $ 431,571 $ 442,239 Less: accumulated depreciation 107,432 104,376 102,103 $ 375,092 $ 327,195 $ 340,136 Depreciation expense on Rail Group assets leased to others amounted to $9.7 million and $9.3 million for the six months ended June 30, 2017 and 2016 , respectively. Additionally, depreciation expense on Rail Group assets leased to others amounted to $5.0 million and $4.7 million for the three months ended June 30, 2017 and 2016 , respectively. Sale of Assets On March 31, 2017 the Company sold four farm center locations in Florida for $17.4 million and recorded a $4.7 million gain, net of transaction costs in Other income, net. The sale price included a working capital adjustment of $3.6 million . On May 2, 2016 the Company sold eight grain and agronomy locations in Iowa for $54.3 million and recorded a nominal gain.

Debt

Debt	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Debt	Debt On April 13, 2017, the Company amended its line of credit agreement with a syndicate of banks. The amended agreement provides for a credit facility in the amount of $ 800 million . Total borrowing capacity for the Company under all lines of credit is currently at $ 820.0 million , including $ 20.0 million of debt of The Andersons Denison Ethanol LLC ("TADE"), which is non-recourse to the Company. At June 30, 2017 , the Company had a total of $ 633.5 million available for borrowing under its lines of credit. The Company's borrowing capacity is reduced by a combination of outstanding borrowings and letters of credit. The Company was in compliance with all financial covenants as of June 30, 2017 . The Company’s short-term and long-term debt at June 30, 2017 , December 31, 2016 and June 30, 2016 consisted of the following: (in thousands) June 30, December 31, June 30, Short-term Debt – Non-Recourse $ — $ — $ — Short-term Debt - Recourse $ 124,000 $ 29,000 $ 179,404 Total Short-term Debt 124,000 29,000 179,404 Current Maturities of Long-term Debt – Non-Recourse — — — Current Maturities of Long-term Debt – Recourse 62,482 47,545 53,720 Total Current Maturities of Long-term Debt 62,482 47,545 53,720 Long-term Debt, Less: Current Maturities – Non-Recourse — — — Long-term Debt, Less: Current Maturities – Recourse 354,066 397,065 398,746 Total Long-term Debt, Less: Current Maturities $ 354,066 $ 397,065 $ 398,746

Derivatives

Derivatives	6 Months Ended
	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives The Company’s operating results are affected by changes to commodity prices. The Grain and Ethanol businesses have established “unhedged” position limits (the amount of a commodity, either owned or contracted for, that does not have an offsetting derivative contract to lock in the price). To reduce the exposure to market price risk on commodities owned and forward grain and ethanol purchase and sale contracts, the Company enters into exchange traded commodity futures and options contracts and over-the-counter forward and option contracts with various counterparties. These contracts are primarily traded via the regulated Chicago Mercantile Exchange ("CME"). The Company’s forward purchase and sales contracts are for physical delivery of the commodity in a future period. Contracts to purchase commodities from producers generally relate to the current or future crop years for delivery periods quoted by regulated commodity exchanges. Contracts for the sale of commodities to processors or other commercial consumers generally do not extend beyond one year . All of these contracts meet the definition of derivatives. While the Company considers its commodity contracts to be effective economic hedges, the Company does not designate or account for its commodity contracts as hedges as defined under current accounting standards. The Company accounts for its commodity derivatives at estimated fair value. The estimated fair value of the commodity derivative contracts that require the receipt or posting of cash collateral is recorded on a net basis (offset against cash collateral posted or received, also known as margin deposits) within commodity derivative assets or liabilities. Management determines fair value based on exchange-quoted prices and in the case of its forward purchase and sale contracts, estimated fair value is adjusted for differences in local markets and non-performance risk. For contracts for which physical delivery occurs, balance sheet classification is based on estimated delivery date. For futures, options and over-the-counter contracts in which physical delivery is not expected to occur but, rather, the contract is expected to be net settled, the Company classifies these contracts as current or noncurrent assets or liabilities, as appropriate, based on the Company’s expectations as to when such contracts will be settled. Realized and unrealized gains and losses in the value of commodity contracts (whether due to changes in commodity prices, changes in performance or credit risk, or due to sale, maturity or extinguishment of the commodity contract) and grain inventories are included in cost of sales and merchandising revenues. Generally accepted accounting principles permit a party to a master netting arrangement to offset fair value amounts recognized for derivative instruments against the right to reclaim cash collateral or obligation to return cash collateral under the same master netting arrangement. The Company has master netting arrangements for its exchange traded futures and options contracts and certain over-the-counter contracts. When the Company enters into a futures, option or an over-the-counter contract, an initial margin deposit may be required by the counterparty. The amount of the margin deposit varies by commodity. If the market price of a futures, option or an over-the-counter contract moves in a direction that is adverse to the Company’s position, an additional margin deposit, called a maintenance margin, is required. The margin deposit assets and liabilities are included in short-term commodity derivative assets or liabilities, as appropriate, in the Condensed Consolidated Balance Sheets. The following table presents at June 30, 2017 , December 31, 2016 and June 30, 2016 , a summary of the estimated fair value of the Company’s commodity derivative instruments that require cash collateral and the associated cash posted/received as collateral. The net asset or liability positions of these derivatives (net of their cash collateral) are determined on a counterparty-by-counterparty basis and are included within current or noncurrent commodity derivative assets (or liabilities) on the Condensed Consolidated Balance Sheets: June 30, 2017 December 31, 2016 June 30, 2016 (in thousands) Net derivative asset position Net derivative liability position Net derivative asset position Net derivative liability position Net derivative asset position Net derivative liability position Collateral paid (received) $ 15,452 $ — $ 28,273 $ — $ 38,252 $ (480 ) Fair value of derivatives (12,835 ) — 1,599 — 13,491 1,480 Balance at end of period $ 2,617 $ — $ 29,872 $ — $ 51,743 $ 1,000 The following table presents, on a gross basis, current and noncurrent commodity derivative assets and liabilities: June 30, 2017 (in thousands) Commodity Derivative Assets - Current Commodity Derivative Assets - Noncurrent Commodity Derivative Liabilities - Current Commodity Derivative Liabilities - Noncurrent Total Commodity derivative assets $ 26,101 $ 1,201 $ 4,404 $ 2 $ 31,708 Commodity derivative liabilities (29,934 ) (10 ) (22,508 ) (336 ) (52,788 ) Cash collateral 15,452 — — — 15,452 Balance sheet line item totals $ 11,619 $ 1,191 $ (18,104 ) $ (334 ) $ (5,628 ) December 31, 2016 (in thousands) Commodity Derivative Assets - Current Commodity Derivative Assets - Noncurrent Commodity Derivative Liabilities - Current Commodity Derivative Liabilities - Noncurrent Total Commodity derivative assets $ 36,146 $ 140 $ 1,447 $ 6 $ 37,739 Commodity derivative liabilities (18,972 ) (40 ) (24,614 ) (345 ) (43,971 ) Cash collateral 28,273 — — — 28,273 Balance sheet line item totals $ 45,447 $ 100 $ (23,167 ) $ (339 ) $ 22,041 June 30, 2016 (in thousands) Commodity Derivative Assets - Current Commodity Derivative Assets - Noncurrent Commodity Derivative Liabilities - Current Commodity Derivative Liabilities - Noncurrent Total Commodity derivative assets $ 134,504 $ 2,095 $ 5,925 $ 84 $ 142,608 Commodity derivative liabilities (56,832 ) (161 ) (48,628 ) (2,266 ) (107,887 ) Cash collateral 38,252 — (480 ) — 37,772 Balance sheet line item totals $ 115,924 $ 1,934 $ (43,183 ) $ (2,182 ) $ 72,493 The gains and losses included in the Company’s Condensed Consolidated Statements of Operations and the line items in which they are located are as follows: Three months ended June 30, Six months ended June 30, (in thousands) 2017 2016 2017 2016 Gains (losses) on commodity derivatives included in cost of sales and merchandising revenues $ (41,873 ) $ 34,800 $ (14,848 ) $ 25,941 The Company had the following volume of commodity derivative contracts outstanding (on a gross basis) at June 30, 2017 , December 31, 2016 and June 30, 2016 : June 30, 2017 Commodity (in thousands) Number of Bushels Number of Gallons Number of Pounds Number of Tons Non-exchange traded: Corn 184,197 — — — Soybeans 31,532 — — — Wheat 7,340 — — — Oats 41,526 — — — Ethanol — 256,518 — — Corn oil — — 4,658 — Other 90 500 — 100 Subtotal 264,685 257,018 4,658 100 Exchange traded: Corn 94,895 — — — Soybeans 27,470 — — — Wheat 43,925 — — — Oats 2,290 — — — Ethanol — 3,990 — — Other — 840 — 60 Subtotal 168,580 4,830 — 60 Total 433,265 261,848 4,658 160 December 31, 2016 Commodity (in thousands) Number of Bushels Number of Gallons Number of Pounds Number of Tons Non-exchange traded: Corn 175,549 — — — Soybeans 20,592 — — — Wheat 7,177 — — — Oats 36,025 — — — Ethanol — 215,081 — — Corn oil — — 9,358 — Other 108 1,144 — 110 Subtotal 239,451 216,225 9,358 110 Exchange traded: Corn 63,225 — — — Soybeans 39,005 — — — Wheat 45,360 — — — Oats 4,120 — — — Ethanol — 78,120 — — Subtotal 151,710 78,120 — — Total 391,161 294,345 9,358 110 June 30, 2016 Commodity (in thousands) Number of Bushels Number of Gallons Number of Pounds Number of Tons Non-exchange traded: Corn 242,269 — — — Soybeans 52,599 — — — Wheat 13,100 — — — Oats 30,722 — — — Ethanol — 130,464 — — Corn oil — — 13,800 — Other 17 — — 128 Subtotal 338,707 130,464 13,800 128 Exchange traded: Corn 148,665 — — — Soybeans 46,570 — — — Wheat 22,790 — — — Oats 2,820 — — — Ethanol — 36,540 — — Subtotal 220,845 36,540 — — Total 559,552 167,004 13,800 128 At June 30, 2017 , December 31, 2016 and June 30, 2016 , the Company had recorded the following amounts for the fair value of the Company's interest rate derivatives: June 30, 2017 December 31, 2016 June 30, 2016 (in thousands) Derivatives not designated as hedging instruments Interest rate contracts included in other long-term liabilities $ (2,158 ) $ (2,530 ) $ (5,422 ) Total fair value of interest rate derivatives not designated as hedging instruments $ (2,158 ) $ (2,530 ) $ (5,422 ) The gains and losses included in the Company's Consolidated Statements of Operations and the line item in which they are located for interest rate derivatives not designated as hedging instruments are as follows: Three months ended June 30, Six months ended June 30, (in thousands) 2017 2016 2017 2016 Interest income (expense) $ (17 ) $ (694 ) $ 372 $ (2,294 ) The Company also has foreign currency derivatives which are considered effective economic hedges of specified economic risks but which are not designated as accounting hedges. At June 30, 2017 , December 31, 2016 and June 30, 2016 , the Company had recorded the following amounts for the fair value of the Company's foreign currency derivatives: June 30, 2017 December 31, 2016 June 30, 2016 (in thousands) Derivatives not designated as hedging instruments Foreign currency contracts included in short-term assets (liabilities) $ 654 $ (112 ) $ 1,391 Total fair value of foreign currency contract derivatives not designated as hedging instruments $ 654 $ (112 ) $ 1,391 The gains and losses included in the Company's Consolidated Statements of Operations and the line item in which they are located for foreign currency contract derivatives not designated as hedging instruments are as follows: Three months ended June 30, Six months ended June 30, (in thousands) 2017 2016 2017 2016 Foreign currency derivative gains included in Other income, net $ 669 $ (87 ) $ 767 $ 1,391

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Jun. 30, 2017
Retirement Benefits [Abstract]
Employee Benefit Plans	Employee Benefit Plans The following are components of the net periodic benefit cost for the pension and postretirement benefit plans maintained by the Company for the three and six months ended June 30, 2017 and 2016 : Pension Benefits (in thousands) Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Service cost $ — $ — $ — $ — Interest cost 39 48 78 97 Recognized net actuarial loss 63 37 126 73 Benefit cost $ 102 $ 85 $ 204 $ 170 Postretirement Benefits (in thousands) Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Service cost $ 106 $ 167 $ 229 $ 380 Interest cost 282 370 582 775 Amortization of prior service cost — (89 ) — (177 ) Recognized net actuarial loss — 149 — 384 Benefit cost $ 388 $ 597 $ 811 $ 1,362

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes On a quarterly basis, the Company estimates the effective tax rate expected to be applicable for the full year and makes changes if necessary based on new information or events. The estimated annual effective tax rate is forecast based on actual historical information and forward-looking estimates and is used to provide for income taxes in interim reporting periods. The Company also recognizes the tax impact of certain unusual or infrequently occurring items, such as the effects of changes in tax laws or rates and impacts from settlements with tax authorities, discretely in the quarter in which they occur. Additionally, the annual effective tax rate differs from the statutory U.S. Federal tax rate of 35% primarily due to the impact of state income taxes, the tax benefit related to railroad track maintenance credit transactions, and to benefits or costs related to various permanent book to tax differences and tax credits. For the three months ended June 30, 2017 , the Company recorded income tax expense of $7.7 million at an effective tax rate of (40.1)% , which varied from the U.S. Federal tax rate of 35% primarily due to the recording of a $42.0 million goodwill impairment charge which did not provide a corresponding tax benefit. For the three months ended June 30, 2016 , the Company recorded an income tax expense of $7.7 million at an effective tax rate of 33.2% . For the six months ended June 30, 2017 , the Company recorded income tax expense of $5.1 million at an effective tax rate of (20.8)% , which varied from the U.S. Federal tax rate of 35% primarily due to the recording of the $42.0 million goodwill impairment charge noted above. For the six months ended June 30, 2016 , the Company recorded income tax expense of $0.4 million at an effective tax rate of 189.6% which varied from the U.S. Federal tax rate of 35% primarily due to a 174.7% discrete tax charge related to state income taxes. During the three months ended June 30, 2017, the company agreed to a state income tax assessment that had been under appeal. The related $0.3 million reserve for unrecognized tax benefits has been reclassified as currently payable state income tax.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The following tables summarize the after-tax components of accumulated other comprehensive income (loss) attributable to the Company for the three and six months ended June 30, 2017 and 2016 : Changes in Accumulated Other Comprehensive Income (Loss) by Component (a) Three months ended June 30, 2017 Six months ended June 30, 2017 (in thousands) Foreign Currency Translation Adjustment Defined Benefit Plan Items Total Foreign Currency Translation Adjustment Defined Benefit Plan Items Total Beginning Balance $ (10,488 ) $ (1,476 ) $ (11,964 ) $ (11,002 ) $ (1,466 ) $ (12,468 ) Other comprehensive income (loss) before reclassifications 959 (988 ) (29 ) 1,473 (998 ) 475 Net current-period other comprehensive income (loss) 959 (988 ) (29 ) 1,473 (998 ) 475 Ending balance $ (9,529 ) $ (2,464 ) $ (11,993 ) $ (9,529 ) $ (2,464 ) $ (11,993 ) Changes in Accumulated Other Comprehensive Income (Loss) by Component (a) Three months ended June 30, 2016 Six months ended June 30, 2016 (in thousands) Losses on Cash Flow Hedges Foreign Currency Translation Adjustment Defined Benefit Plan Items Total Losses on Cash Flow Hedges Foreign Currency Translation Adjustment Investment in Debt Securities Defined Benefit Plan Items Total Beginning Balance $ (51 ) $ (9,536 ) $ (8,740 ) $ (18,327 ) $ (111 ) $ (12,041 ) $ 126 $ (8,913 ) $ (20,939 ) Other comprehensive income (loss) before reclassifications 60 52 1,177 1,289 120 2,557 — 1,406 4,083 Amounts reclassified from accumulated other comprehensive loss — — (56 ) (56 ) — — (126 ) (112 ) (238 ) Net current-period other comprehensive income (loss) 60 52 1,121 1,233 120 2,557 (126 ) 1,294 3,845 Ending balance $ 9 $ (9,484 ) $ (7,619 ) $ (17,094 ) $ 9 $ (9,484 ) $ — $ (7,619 ) $ (17,094 ) (a) All amounts are net of tax. Amounts in parentheses indicate debits There were no reclassification adjustments from accumulated other comprehensive loss to net income for the three and six months ended June 30, 2017 . The following table shows the reclassification adjustments from accumulated other comprehensive loss to net income for the three and six months ended June 30, 2016 : Reclassifications Out of Accumulated Other Comprehensive Income (Loss) (a) (in thousands) Three months ended June 30, 2016 Six months ended June 30, 2016 Details about Accumulated Other Comprehensive Income (Loss) Components Amount Reclassified from Accumulated Other Comprehensive Income (Loss) Affected Line Item in the Statement Where Net Income Is Presented Amount Reclassified from Accumulated Other Comprehensive Income (Loss) Affected Line Item in the Statement Where Net Income Is Presented Defined Benefit Plan Items Amortization of prior-service cost $ (89 ) (b) $ (177 ) (b) (89 ) Total before tax (177 ) Total before tax 33 Income tax provision 65 Income tax provision $ (56 ) Net of tax $ (112 ) Net of tax Other items Recognition of gain on sale of investment — (200 ) — Total before tax (200 ) Total before tax — Income tax provision 74 Income tax provision — Net of tax (126 ) Net of tax Total reclassifications for the period $ (56 ) Net of tax (238 ) Net of tax (a) Amounts in parentheses indicate credits to profit/loss (b) This accumulated other comprehensive loss component is included in the computation of net periodic benefit cost (see Note 6).

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The Company’s non-vested restricted stock that was granted prior to March 2015 is considered a participating security since the share-based awards contain a non-forfeitable right to dividends irrespective of whether the awards ultimately vest. Unvested share-based payment awards that contain non-forfeitable rights to dividends are participating securities and are included in the computation of earnings per share pursuant to the two-class method. The two-class method of computing earnings per share is an earnings allocation formula that determines earnings per share for common stock and any participating securities according to dividends declared (whether paid or unpaid) and participation rights in undistributed earnings. (in thousands, except per common share data) Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Net income (loss) attributable to The Andersons, Inc. $ (26,653 ) $ 14,423 $ (29,742 ) $ (273 ) Less: Distributed and undistributed earnings allocated to nonvested restricted stock — 8 — 5 Earnings (losses) available to common shareholders $ (26,653 ) $ 14,415 $ (29,742 ) $ (278 ) Earnings per share – basic: Weighted average shares outstanding – basic 28,350 28,227 28,316 28,164 Earnings (losses) per common share – basic $ (0.94 ) $ 0.51 $ (1.05 ) $ (0.01 ) Earnings per share – diluted: Weighted average shares outstanding – basic 28,350 28,227 28,316 28,164 Effect of dilutive awards — 86 — — Weighted average shares outstanding – diluted 28,350 28,313 28,316 28,164 Earnings (losses) per common share – diluted $ (0.94 ) $ 0.51 $ (1.05 ) $ (0.01 ) All outstanding share awards were antidilutive for the six and three months ended June 30, 2017 and for the six months ended June 30, 2016 as the Company experienced a net loss. There were no antidilutive stock-based awards outstanding for the three months ended June 30, 2016 .

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The following table presents the Company’s assets and liabilities measured at fair value on a recurring basis at June 30, 2017 , December 31, 2016 and June 30, 2016 : (in thousands) June 30, 2017 Assets (liabilities) Level 1 Level 2 Level 3 Total Restricted cash $ 1,033 $ — $ — $ 1,033 Commodity derivatives, net (a) 2,817 (8,445 ) — (5,628 ) Provisionally priced contracts (b) (87,958 ) (30,779 ) — (118,737 ) Convertible preferred securities (c) — — 3,294 3,294 Other assets and liabilities (d) 10,155 (2,158 ) — 7,997 Total $ (73,953 ) $ (41,382 ) $ 3,294 $ (112,041 ) (in thousands) December 31, 2016 Assets (liabilities) Level 1 Level 2 Level 3 Total Restricted cash $ 471 $ — $ — $ 471 Commodity derivatives, net (a) 29,872 (7,831 ) — 22,041 Provisionally priced contracts (b) (105,321 ) (64,876 ) — (170,197 ) Convertible preferred securities (c) — — 3,294 3,294 Other assets and liabilities (d) 9,391 (2,530 ) — 6,861 Total $ (65,587 ) $ (75,237 ) $ 3,294 $ (137,530 ) (in thousands) June 30, 2016 Assets (liabilities) Level 1 Level 2 Level 3 Total Cash equivalents $ 11,578 $ — $ — $ 11,578 Restricted cash 987 — — 987 Commodity derivatives, net (a) 48,412 24,083 — 72,495 Provisionally priced contracts (b) (42,213 ) (18,495 ) — (60,708 ) Convertible preferred securities (c) — — 3,294 3,294 Other assets and liabilities (d) 6,080 (5,426 ) — 654 Total $ 24,844 $ 162 $ 3,294 $ 28,300 (a) Includes associated cash posted/received as collateral (b) Included in "Provisionally priced contracts" are those instruments based only on underlying futures values (Level 1) and delayed price contracts (Level 2) (c) Recorded in “Other noncurrent assets” on the Company’s Condensed Consolidated Balance Sheets (d) Included in other assets and liabilities are deferred compensation assets, ethanol risk management contracts, and foreign exchange derivative contracts (Level 1), and interest rate derivatives (Level 2). Level 1 commodity derivatives reflect the fair value of the exchange-traded futures and options contracts that the Company holds, net of the cash collateral that the Company has in its margin account. The majority of the Company’s assets and liabilities measured at fair value are based on the market approach valuation technique. With the market approach, fair value is derived using prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. The Company’s net commodity derivatives primarily consist of futures or options contracts via regulated exchanges and contracts with producers or customers under which the future settlement date and bushels (or gallons in the case of ethanol contracts) of commodities to be delivered (primarily wheat, corn, soybeans and ethanol) are fixed and under which the price may or may not be fixed. Depending on the specifics of the individual contracts, the fair value is derived from the futures or options prices on the CME or the New York Mercantile Exchange for similar commodities and delivery dates as well as observable quotes for local basis adjustments (the difference, which is attributable to local market conditions, between the quoted futures price and the local cash price). Because basis for a particular commodity and location typically has multiple quoted prices from other agribusinesses in the same geographical vicinity and is used as a common pricing mechanism in the Agribusiness industry, we have concluded that basis is a Level 2 fair value input for purposes of the fair value disclosure requirements related to our commodity derivatives. Although nonperformance risk, both of the Company and the counterparty, is present in each of these commodity contracts and is a component of the estimated fair values, based on the Company’s historical experience with its producers and customers and the Company’s knowledge of their businesses, the Company does not view nonperformance risk to be a material input to fair value for these commodity contracts. These fair value disclosures exclude physical grain inventories measured at net realizable value. The net realizable value used to measure the Company’s agricultural commodity inventories is the fair value (spot price of the commodity in an exchange), less cost of disposal and transportation based on the local market. This valuation would generally be considered Level 2. The amount is disclosed in Note 2. Changes in the net realizable value of commodity inventories are recognized as a component of cost of sales and merchandising revenues. Provisionally priced contract liabilities are those for which the Company has taken ownership and possession of grain but the final purchase price has not been established. In the case of payables where the unpriced portion of the contract is limited to the futures price of the underlying commodity or the Company has delivered provisionally priced grain and a subsequent payable or receivable is set up for any futures changes in the grain price, quoted CBOT prices are used and the liability is deemed to be Level 1 in the fair value hierarchy. For all other unpriced contracts which include variable futures and basis components, the amounts recorded for delayed price contracts are determined on the basis of local grain market prices at the balance sheet date and, as such, are deemed to be Level 2 in the fair value hierarchy. The risk management contract liability allows related ethanol customers to effectively unprice the futures component of their inventory for a period of time, subjecting the bushels to market fluctuations. The Company records an asset or liability for the market value changes of the commodities over the life of the contracts based on quoted CBOT prices and as such, the balance is deemed to be Level 1 in the fair value hierarchy. The Company’s stake in the Iowa Northern Railway Company ("IANR") was redeemed in the first quarter of 2016. The remaining convertible preferred securities are interests in two early-stage enterprises in the form of debt securities with the possibility of conversion to equity under certain circumstances. A reconciliation of beginning and ending balances for the Company’s fair value measurements using Level 3 inputs is as follows: Contingent Consideration Convertible Securities (in thousands) 2017 2016 2017 2016 Asset (liability) at January 1, $ — $ (350 ) $ 3,294 $ 13,550 Gains (losses) included in earnings — 190 — 710 Sales proceeds — — — (13,485 ) Asset (liability) at March 31, $ — $ (160 ) $ 3,294 $ 775 Gains (losses) included in earnings — 160 — 19 New agreements — — — 2,500 Asset (liability) at June 30, $ — $ — $ 3,294 $ 3,294 The following tables summarize quantitative information about the Company's Level 3 fair value measurements as of June 30, 2017 , December 31, 2016 and June 30, 2016 : Quantitative Information about Level 3 Fair Value Measurements (in thousands) Fair Value as of June 30, 2017 Valuation Method Unobservable Input Weighted Average Convertible Notes $ 3,294 Cost Basis, Plus Interest N/A N/A (in thousands) Fair Value as of December 31, 2016 Valuation Method Unobservable Input Weighted Average Convertible Notes $ 3,294 Cost Basis, Plus Interest N/A N/A Real Property $ 11,210 Third-Party Appraisal N/A N/A (in thousands) Fair Value as of June 30, 2016 Valuation Method Unobservable Input Weighted Average Convertible Notes $ 3,294 Cost Basis, Plus Interest N/A N/A Fair Value of Financial Instruments The fair value of the Company’s long-term debt is estimated using quoted market prices or discounted future cash flows based on the Company’s current incremental borrowing rates for similar types of borrowing arrangements. As such, the Company has concluded that the fair value of long-term debt is considered Level 2 in the fair value hierarchy. (in thousands) June 30, December 31, June 30, Fair value of long-term debt, including current maturities $ 423,316 $ 450,940 $ 472,714 Fair value in excess of carrying value 2,612 3,116 16,498 The fair value of the Company’s cash equivalents, accounts receivable and accounts payable approximate their carrying value as they are close to maturity.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2017
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Equity Method Investments The Company, directly or indirectly, holds investments in companies that are accounted for under the equity method. The Company’s equity in these entities is presented at cost plus its accumulated proportional share of income or loss, less any distributions it has received. The following table presents the Company’s investment balance in each of its equity method investees by entity: (in thousands) June 30, 2017 December 31, 2016 June 30, 2016 The Andersons Albion Ethanol LLC $ 40,829 $ 38,972 $ 34,133 The Andersons Clymers Ethanol LLC 19,903 19,739 30,088 The Andersons Marathon Ethanol LLC 14,045 22,069 31,158 Lansing Trade Group, LLC 89,235 89,050 90,884 Thompsons Limited (a) 49,252 46,184 47,948 Other 2,530 917 4,267 Total $ 215,794 $ 216,931 $ 238,478 (a) Thompsons Limited and related U.S. operating company held by joint ventures On January 1, 2017, The Andersons Ethanol Investment LLC (“TAEI”) was merged with and into The Andersons Marathon Ethanol LLC (“TAME”). The Company had owned ( 66% ) of TAEI, which, in turn, had owned 50% of TAME. Pursuant to the merger, the Company’s ownership units in TAEI were canceled and converted into ownership units in TAME. As a result, the Company now directly owns 33% of the outstanding ownership units of TAME. Prior to this transaction, the noncontrolling interest in TAEI was attributed 33% of the gains and losses of TAME recorded by the Company in its equity in earnings of affiliates. The following table summarizes income (loss) earned from the Company’s equity method investments by entity: Three months ended June 30, Six months ended June 30, (in thousands) % Ownership at June 30, 2017 2017 2016 2017 2016 The Andersons Albion Ethanol LLC 55% $ 2,135 $ 1,650 $ 1,858 $ 1,328 The Andersons Clymers Ethanol LLC 39% 569 1,889 776 810 The Andersons Marathon Ethanol LLC 33% 779 1,712 316 (97 ) Lansing Trade Group, LLC 33% (a) 896 (5,333 ) 185 (8,101 ) Thompsons Limited (b) 50% 2,081 2,426 1,486 1,427 Other 5% - 50% (75 ) — (114 ) — Total $ 6,385 $ 2,344 $ 4,507 $ (4,633 ) (a) This does not consider restricted management units which once vested will reduce the ownership percentage by approximately 0.6% (b) Thompsons Limited and related U.S. operating company held by joint ventures Total distributions received from unconsolidated affiliates were $0.6 million and $2.7 million for the six months ended June 30, 2017 and June 30, 2016 , respectively. In the second quarter of 2016, The Andersons Albion Ethanol LLC, The Andersons Clymers Ethanol LLC, The Andersons Marathon Ethanol LLC, Lansing Trade Group, and Thompsons Limited qualified as significant equity investees of the Company under the income test. The following table presents combined summarized unaudited financial information of these investments for the three and six months ended June 30, 2017 and 2016: (in thousands) Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Revenues $ 1,380,361 $ 1,340,809 $ 3,002,406 $ 3,029,680 Gross profit 58,812 52,204 97,728 77,782 Income from continuing operations 16,328 556 11,518 (17,568 ) Net income (loss) 13,421 (2,051 ) 7,248 (20,164 ) Net income (loss) attributable to companies 13,714 (1,410 ) 7,972 (19,122 ) Investment in Debt Securities The Company previously owned 100% of the cumulative convertible preferred shares of Iowa Northern Railway Company (“IANR”), which operates a short-line railroad in Iowa. In the first quarter of 2016, these shares were redeemed and the Company no longer has an ownership stake in this entity. See Footnote 10 for additional information on the effects of this transaction. Related Party Transactions In the ordinary course of business, the Company will enter into related party transactions with each of the investments described above, along with other related parties. The following table sets forth the related party transactions entered into for the time periods presented: Three months ended June 30, Six months ended June 30, (in thousands) 2017 2016 2017 2016 Sales revenues $ 241,896 $ 176,865 $ 439,964 $ 371,702 Service fee revenues (a) 9,410 9,490 14,036 14,126 Purchases of product 167,904 116,556 302,411 218,509 Lease income (b) 1,422 1,994 2,709 3,861 Labor and benefits reimbursement (c) 6,863 6,841 10,553 10,738 Other expenses (d) — — — 149 (a) Service fee revenues include management fees, corn origination fees, ethanol and distillers dried grains (DDG) marketing fees, and other commissions. (b) Lease income includes the lease of the Company’s Albion, Michigan and Clymers, Indiana grain facilities as well as certain railcars to the various ethanol LLCs and IANR. (c) The Company provides all operational labor to the unconsolidated ethanol LLCs and charges them an amount equal to the Company’s costs of the related services. (d) Other expenses include payments to IANR for repair facility rent and use of their railroad reporting mark, payment to LTG for the lease of railcars and other various expenses. (in thousands) June 30, 2017 December 31, 2016 June 30, 2016 Accounts receivable (e) $ 25,673 $ 26,254 $ 20,685 Accounts payable (f) 25,590 23,961 10,022 (e) Accounts receivable represents amounts due from related parties for sales of corn, leasing revenue and service fees. (f) Accounts payable represents amounts due to related parties for purchases of ethanol and other various items. For the three months ended June 30, 2017 and 2016 , revenues recognized for the sale of ethanol that the Company purchased from the unconsolidated ethanol LLCs were $161.3 million and $111.3 million , respectively. Additionally, for the six months ended June 30, 2017 and 2016 , revenues recognized for the sale of ethanol that the Company purchased from the unconsolidated ethanol LLCs were $284.5 million and $198.9 million , respectively. For the three months ended June 30, 2017 and 2016 , revenues recognized for the sale of corn to the unconsolidated ethanol LLCs were $125.5 million and $105.6 million , respectively. For the six months ended June 30, 2017 and 2016 , revenues recognized for the sale of corn to the unconsolidated ethanol LLCs were $243.0 million and $224.1 million , respectively. From time to time, the Company enters into derivative contracts with certain of its related parties, including the unconsolidated ethanol LLCs, LTG, and the Thompsons Limited joint ventures, for the purchase and sale of grain and ethanol, for similar price risk mitigation purposes and on similar terms as the purchase and sale of derivative contracts it enters into with unrelated parties. The fair value of derivative contract assets with related parties as of June 30, 2017 , December 31, 2016 and June 30, 2016 was $ 0.6 million , $ 4.1 million and $ 5.2 million , respectively. The fair value of derivative contract liabilities with related parties as of June 30, 2017 , December 31, 2016 and June 30, 2016 was $ 0.7 million , $ 0.1 million and $ 1.0 million , respectively.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Segment Information	Segment Information The Company’s operations include five reportable business segments that are distinguished primarily on the basis of products and services offered. The Grain business includes grain merchandising, the operation of terminal grain elevator facilities and the investments in LTG and Thompsons Limited. The Ethanol business purchases and sells ethanol and also manages the ethanol production facilities organized as limited liability companies, one is consolidated and three are investments accounted for under the equity method. The Company performs services under various contracts for these investments. Rail operations include the leasing, marketing and fleet management of railcars and other assets, railcar repair and metal fabrication. The Plant Nutrient business manufactures and distributes agricultural inputs, primarily fertilizer, to dealers and farmers, along with turf care and corncob-based products. The Retail business operates large retail stores, a distribution center, and a lawn and garden equipment sales and service facility. The Retail business closed during the second quarter of 2017, and liquidation efforts are substantially complete. Included in “Other” are the corporate level costs not attributed to an operating segment. The segment information below includes the allocation of expenses shared by one or more operating segments. Although management believes such allocations are reasonable, the operating information does not necessarily reflect how such data might appear if the segments were operated as separate businesses. Inter-segment sales are made at prices comparable to normal, unaffiliated customer sales. The Company does not have any customers who represent 10 percent or more of total revenues. Three months ended June 30, Six months ended June 30, (in thousands) 2017 2016 2017 2016 Revenues from external customers Grain $ 488,447 $ 522,989 $ 966,975 $ 1,061,803 Ethanol 187,831 142,520 341,984 257,213 Plant Nutrient 264,736 320,036 411,323 487,027 Rail 38,149 40,342 78,539 79,951 Retail 14,499 38,357 46,857 66,129 Total $ 993,662 $ 1,064,244 $ 1,845,678 $ 1,952,123 Three months ended June 30, Six months ended June 30, (in thousands) 2017 2016 2017 2016 Inter-segment sales Grain $ 141 $ 174 $ 207 $ 1,625 Plant Nutrient 70 114 241 361 Rail 275 355 566 734 Total $ 486 $ 643 $ 1,014 $ 2,720 Three months ended June 30, Six months ended June 30, (in thousands) 2017 2016 2017 2016 Income (loss) before income taxes Grain $ 6,929 $ (13,037 ) $ 1,856 $ (30,442 ) Ethanol 4,660 6,187 6,376 3,507 Plant Nutrient (25,825 ) 23,535 (19,154 ) 25,239 Rail 5,860 6,569 11,938 15,944 Retail (6,718 ) 1,010 (13,564 ) (1,066 ) Other (3,907 ) (2,173 ) (12,077 ) (13,073 ) Noncontrolling interests (64 ) 1,018 (10 ) 92 Total $ (19,065 ) $ 23,109 $ (24,635 ) $ 201 (in thousands) June 30, 2017 December 31, 2016 June 30, 2016 Identifiable assets Grain $ 783,316 $ 961,114 $ 879,055 Ethanol 170,730 171,115 192,470 Plant Nutrient 351,871 484,455 448,225 Rail 448,417 398,446 388,456 Retail 11,830 31,257 43,878 Other 145,261 186,462 155,331 Total $ 1,911,425 $ 2,232,849 $ 2,107,415

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies The Company is party to litigation, or threats thereof, both as defendant and plaintiff with some regularity, although individual cases that are material in size occur infrequently. As a defendant, the Company establishes reserves for claimed amounts that are considered probable and capable of estimation. If those cases are resolved for lesser amounts, the excess reserves are taken into income and, conversely, if those cases are resolved for larger than the amount the Company has accrued, the Company records additional expense. The Company believes it is unlikely that the results of its current legal proceedings for which it is the defendant, even if unfavorable, will be material. As a plaintiff, amounts that are collected can also result in sudden, non-recurring income. Litigation results depend upon a variety of factors, including the availability of evidence, the credibility of witnesses, the performance of counsel, the state of the law, and the impressions of judges and jurors, any of which can be critical in importance, yet difficult, if not impossible, to predict. Consequently, cases currently pending, or future matters, may result in unexpected, and non-recurring losses, or income, from time to time. Finally, litigation results are often subject to judicial reconsideration, appeal and further negotiation by the parties, and as a result, the final impact of a particular judicial decision may be unknown for some time, or may result in continued reserves to account for the potential of such post-verdict actions. The estimated range of loss for all outstanding claims that are considered reasonably possible is not material. Build-to-Suit Lease In August, 2015, the Company entered into a lease agre ement with an initial term of 15 years for a build-to-suit facility to be used as the new corporate headquarters which was completed in the third quarter of 2016. Since the Company is deemed to be the owner of this facility for accounting purposes during the construction period, it has recognized an asset and a corresponding financing obligation. The Company has recorded a build-to-suit financing obligation in other long-term liabilities of $23.9 million , $14.0 million , and $13.0 million at June 30, 2017 , December 31, 2016 , and June 30, 2016 , respectively. The Company has recorded a build-to-suit financing obligation in other current liabilities of $0.8 million , $0.9 million , and $1.5 million at June 30, 2017 , December 31, 2016 , and June 30, 2016 , respectively.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	6 Months Ended
	Jun. 30, 2017
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	Supplemental Cash Flow Information Certain supplemental cash flow information, including noncash investing and financing activities for the six months ended June 30, 2017 and 2016 are as follows: Six months ended June 30, (in thousands) 2017 2016 Supplemental disclosure of cash flow information Interest paid $ 12,430 $ 9,567 Noncash investing and financing activity Capital projects incurred but not yet paid $ 3,695 $ 9,653 Investment merger (decreasing equity method investments and non-controlling interest) 8,360 — Outstanding receivable for sale of assets 4,356 — Dividends declared not yet paid 4,501 4,341

Sale of Assets

Sale of Assets	6 Months Ended
	Jun. 30, 2017
Property, Plant and Equipment [Abstract]
Sale of Assets	Property, Plant and Equipment The components of Property, plant and equipment, net are as follows: (in thousands) June 30, December 31, June 30, Land $ 23,566 $ 30,672 $ 28,472 Land improvements and leasehold improvements 71,236 79,631 77,849 Buildings and storage facilities 298,077 322,856 290,528 Machinery and equipment 382,321 392,418 374,107 Construction in progress 7,372 12,784 51,672 782,572 838,361 822,628 Less: accumulated depreciation 359,530 388,309 375,361 $ 423,042 $ 450,052 $ 447,267 Depreciation expense on property, plant and equipment was $24.1 million and $23.8 million for the six months ended June 30, 2017 and 2016 , respectively. Additionally, depreciation expense on property, plant and equipment was $12.0 million and $11.6 million for the three months ended June 30, 2017 and 2016 , respectively. In December 2016, the Company recorded charges totaling $6.0 million for impairment of property, plant and equipment in the Retail business. This does not include $0.5 million of impairment charges related to software. The Company wrote down the value of these assets to the extent their carrying amounts exceeded fair value. The Company classified the significant assumptions used to determine fair value of the impaired assets as Level 3 inputs in the fair value hierarchy. In December 2016, the Company also recorded charges totaling $2.3 million for impairment of property, plant and equipment in the Plant Nutrient segment due to the closing of a cob facility. Rail Group Assets The components of Rail Group assets leased to others are as follows: (in thousands) June 30, December 31, June 30, Rail Group assets leased to others $ 482,524 $ 431,571 $ 442,239 Less: accumulated depreciation 107,432 104,376 102,103 $ 375,092 $ 327,195 $ 340,136 Depreciation expense on Rail Group assets leased to others amounted to $9.7 million and $9.3 million for the six months ended June 30, 2017 and 2016 , respectively. Additionally, depreciation expense on Rail Group assets leased to others amounted to $5.0 million and $4.7 million for the three months ended June 30, 2017 and 2016 , respectively. Sale of Assets On March 31, 2017 the Company sold four farm center locations in Florida for $17.4 million and recorded a $4.7 million gain, net of transaction costs in Other income, net. The sale price included a working capital adjustment of $3.6 million . On May 2, 2016 the Company sold eight grain and agronomy locations in Iowa for $54.3 million and recorded a nominal gain.

Exit Costs and Assets Held for

Exit Costs and Assets Held for Sale	6 Months Ended
	Jun. 30, 2017
Restructuring and Related Activities [Abstract]
Exit Costs and Assets Held for Sale	Exit Costs and Assets Held for Sale The Retail business closed during the second quarter of 2017, and liquidation efforts are substantially complete as of June 30, 2017. The Company recorded $3.5 million of exit charges during the second quarter of 2017 for a total of $11.3 million of exit charges recorded during the first six months of 2017. As a result of the closure, the Company also classified $10.0 million of Property, plant and equipment, net as Assets held for sale on the Condensed Consolidated Balance Sheet.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets As previously reported, the Company had monitored the performance of its wholesale nutrient business, within the Plant Nutrient segment, throughout 2016. During the third quarter of 2016, the Company reported that the wholesale business was under pressure due to an uncertain outlook for future crop prices and decreased domestic demand for fertilizer. The Company performed its annual goodwill impairment analysis during the fourth quarter of 2016, which resulted in an excess of fair value over carrying value of 8% for the wholesale nutrient reporting unit. During the first quarter of 2017, the Company's assessment of the business did not indicate the presence of any goodwill impairment triggering events. During the second quarter of 2017, the Company identified certain factors that we considered important in assessing the requirement to perform an interim impairment evaluation for the wholesale nutrient reporting unit. First, current year actual results were significantly below historical and expected operating results. Second, the nutrient industry's future outlook continued to reflect depressed margins and minimal growth, driven by an oversupply of base nutrients, low crop prices and low farmer income. After considering these items, the Company determined that an interim goodwill impairment assessment was required, as well as an impairment assessment for our definite-lived intangible and other long-lived assets. No impairment was recognized for definite-lived intangibles and other long-lived assets. Upon early adoption of ASU No. 2017-04, the Company now uses a one-step quantitative approach that compares the business enterprise value ("BEV") of each reporting unit with its carrying value. The BEV was computed based on both an income approach (discounted cash flows) and a market approach. The income approach uses a reporting unit's estimated future cash flows, discounted at the weighted average cost of capital of a hypothetical third-party buyer. The market approach estimates fair value by applying cash flow multiples to the reporting unit's operating performance. The multiples are derived from comparable publicly traded companies with similar operating and investment characteristics to the reporting unit. Any excess of the carrying value of the goodwill over the BEV will be recorded as an impairment loss. The calculation of the BEV is based on significant unobservable inputs, such as price trends, customer demand, material costs and discount rates, and are classified as Level 3 in the fair value hierarchy. The discounted cash flow model used for the income approach assumed discrete period revenue growth through 2021 that was reflective of market opportunities, changes in product mix, and cyclical trends within the wholesale nutrient business. In the terminal year, the Company assumed a long-term earnings growth rate of 2.0 percent that is believed to be appropriate given the current industry-specific expectations. As of the valuation date, the Company utilized a weighted-average cost of capital of 10.1 percent , which reflects the relative risk and time value of money. The testing resulted in a $42.0 million impairment charge for goodwill associated with the Wholesale reporting unit. With the estimated fair value of the reporting unit now equaling its carrying value as of June 30, 2017, the Wholesale reporting unit has a risk of future impairment to the remaining goodwill balance of $17.8 million . A deterioration in operating performance significantly below current expectations, including changes in projected future revenue, profitability and cash flow, as well as higher working capital, interest rates, or cost of capital, could have a negative effect on the fair value of the reporting unit. It is also possible the Company's performance meets current expectations but is still unable overcome the general trends in the business and/or macro-economic factors in the time frame forecast, which could impact the long-term discount rate values used in estimating fair value, causing the estimated fair value of the reporting unit to fall below its carrying value. This would result in recording another impairment to the goodwill of the wholesale business. The changes in the carrying amount of goodwill by reportable segment for the six months ended June 30, 2017 are as follows: (in thousands) Grain Plant Nutrient Rail Total Balance as of January 1, 2017 $ — $ 59,767 $ 4,167 $ 63,934 Acquisitions 1,171 — — 1,171 Impairments — (42,000 ) — (42,000 ) Balance as of June 30, 2017 $ 1,171 $ 17,767 $ 4,167 $ 23,105

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2017
Inventory, Net [Abstract]
Classes of inventories	Major classes of inventories are as follows: (in thousands) June 30, December 31, June 30, Grain $ 373,863 $ 495,139 $ 348,757 Ethanol and co-products 14,041 10,887 15,298 Plant nutrients and cob products 69,365 150,259 91,227 Retail merchandise 906 20,678 25,161 Railcar repair parts 5,030 5,784 5,793 $ 463,205 $ 682,747 $ 486,236

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	6 Months Ended
	Jun. 30, 2017
Property, Plant and Equipment [Abstract]
Components of property, plant and equipment	The components of Property, plant and equipment, net are as follows: (in thousands) June 30, December 31, June 30, Land $ 23,566 $ 30,672 $ 28,472 Land improvements and leasehold improvements 71,236 79,631 77,849 Buildings and storage facilities 298,077 322,856 290,528 Machinery and equipment 382,321 392,418 374,107 Construction in progress 7,372 12,784 51,672 782,572 838,361 822,628 Less: accumulated depreciation 359,530 388,309 375,361 $ 423,042 $ 450,052 $ 447,267
Components of railcar assets leased to others	The components of Rail Group assets leased to others are as follows: (in thousands) June 30, December 31, June 30, Rail Group assets leased to others $ 482,524 $ 431,571 $ 442,239 Less: accumulated depreciation 107,432 104,376 102,103 $ 375,092 $ 327,195 $ 340,136

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Long-term debt	The Company’s short-term and long-term debt at June 30, 2017 , December 31, 2016 and June 30, 2016 consisted of the following: (in thousands) June 30, December 31, June 30, Short-term Debt – Non-Recourse $ — $ — $ — Short-term Debt - Recourse $ 124,000 $ 29,000 $ 179,404 Total Short-term Debt 124,000 29,000 179,404 Current Maturities of Long-term Debt – Non-Recourse — — — Current Maturities of Long-term Debt – Recourse 62,482 47,545 53,720 Total Current Maturities of Long-term Debt 62,482 47,545 53,720 Long-term Debt, Less: Current Maturities – Non-Recourse — — — Long-term Debt, Less: Current Maturities – Recourse 354,066 397,065 398,746 Total Long-term Debt, Less: Current Maturities $ 354,066 $ 397,065 $ 398,746

Derivatives (Tables)

Derivatives (Tables)	6 Months Ended
	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Estimated fair value of Company's commodity derivative instruments for cash collateral and associated cash as collateral	The net asset or liability positions of these derivatives (net of their cash collateral) are determined on a counterparty-by-counterparty basis and are included within current or noncurrent commodity derivative assets (or liabilities) on the Condensed Consolidated Balance Sheets: June 30, 2017 December 31, 2016 June 30, 2016 (in thousands) Net derivative asset position Net derivative liability position Net derivative asset position Net derivative liability position Net derivative asset position Net derivative liability position Collateral paid (received) $ 15,452 $ — $ 28,273 $ — $ 38,252 $ (480 ) Fair value of derivatives (12,835 ) — 1,599 — 13,491 1,480 Balance at end of period $ 2,617 $ — $ 29,872 $ — $ 51,743 $ 1,000
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The following table presents, on a gross basis, current and noncurrent commodity derivative assets and liabilities: June 30, 2017 (in thousands) Commodity Derivative Assets - Current Commodity Derivative Assets - Noncurrent Commodity Derivative Liabilities - Current Commodity Derivative Liabilities - Noncurrent Total Commodity derivative assets $ 26,101 $ 1,201 $ 4,404 $ 2 $ 31,708 Commodity derivative liabilities (29,934 ) (10 ) (22,508 ) (336 ) (52,788 ) Cash collateral 15,452 — — — 15,452 Balance sheet line item totals $ 11,619 $ 1,191 $ (18,104 ) $ (334 ) $ (5,628 ) December 31, 2016 (in thousands) Commodity Derivative Assets - Current Commodity Derivative Assets - Noncurrent Commodity Derivative Liabilities - Current Commodity Derivative Liabilities - Noncurrent Total Commodity derivative assets $ 36,146 $ 140 $ 1,447 $ 6 $ 37,739 Commodity derivative liabilities (18,972 ) (40 ) (24,614 ) (345 ) (43,971 ) Cash collateral 28,273 — — — 28,273 Balance sheet line item totals $ 45,447 $ 100 $ (23,167 ) $ (339 ) $ 22,041 June 30, 2016 (in thousands) Commodity Derivative Assets - Current Commodity Derivative Assets - Noncurrent Commodity Derivative Liabilities - Current Commodity Derivative Liabilities - Noncurrent Total Commodity derivative assets $ 134,504 $ 2,095 $ 5,925 $ 84 $ 142,608 Commodity derivative liabilities (56,832 ) (161 ) (48,628 ) (2,266 ) (107,887 ) Cash collateral 38,252 — (480 ) — 37,772 Balance sheet line item totals $ 115,924 $ 1,934 $ (43,183 ) $ (2,182 ) $ 72,493
Amounts of quantities outstanding included in commodity derivative contracts	The Company had the following volume of commodity derivative contracts outstanding (on a gross basis) at June 30, 2017 , December 31, 2016 and June 30, 2016 : June 30, 2017 Commodity (in thousands) Number of Bushels Number of Gallons Number of Pounds Number of Tons Non-exchange traded: Corn 184,197 — — — Soybeans 31,532 — — — Wheat 7,340 — — — Oats 41,526 — — — Ethanol — 256,518 — — Corn oil — — 4,658 — Other 90 500 — 100 Subtotal 264,685 257,018 4,658 100 Exchange traded: Corn 94,895 — — — Soybeans 27,470 — — — Wheat 43,925 — — — Oats 2,290 — — — Ethanol — 3,990 — — Other — 840 — 60 Subtotal 168,580 4,830 — 60 Total 433,265 261,848 4,658 160 December 31, 2016 Commodity (in thousands) Number of Bushels Number of Gallons Number of Pounds Number of Tons Non-exchange traded: Corn 175,549 — — — Soybeans 20,592 — — — Wheat 7,177 — — — Oats 36,025 — — — Ethanol — 215,081 — — Corn oil — — 9,358 — Other 108 1,144 — 110 Subtotal 239,451 216,225 9,358 110 Exchange traded: Corn 63,225 — — — Soybeans 39,005 — — — Wheat 45,360 — — — Oats 4,120 — — — Ethanol — 78,120 — — Subtotal 151,710 78,120 — — Total 391,161 294,345 9,358 110 June 30, 2016 Commodity (in thousands) Number of Bushels Number of Gallons Number of Pounds Number of Tons Non-exchange traded: Corn 242,269 — — — Soybeans 52,599 — — — Wheat 13,100 — — — Oats 30,722 — — — Ethanol — 130,464 — — Corn oil — — 13,800 — Other 17 — — 128 Subtotal 338,707 130,464 13,800 128 Exchange traded: Corn 148,665 — — — Soybeans 46,570 — — — Wheat 22,790 — — — Oats 2,820 — — — Ethanol — 36,540 — — Subtotal 220,845 36,540 — — Total 559,552 167,004 13,800 128
Company's Condensed Consolidated Statement of Income gains and location of line items	The gains and losses included in the Company's Consolidated Statements of Operations and the line item in which they are located for foreign currency contract derivatives not designated as hedging instruments are as follows: Three months ended June 30, Six months ended June 30, (in thousands) 2017 2016 2017 2016 Foreign currency derivative gains included in Other income, net $ 669 $ (87 ) $ 767 $ 1,391 The gains and losses included in the Company’s Condensed Consolidated Statements of Operations and the line items in which they are located are as follows: Three months ended June 30, Six months ended June 30, (in thousands) 2017 2016 2017 2016 Gains (losses) on commodity derivatives included in cost of sales and merchandising revenues $ (41,873 ) $ 34,800 $ (14,848 ) $ 25,941 The gains and losses included in the Company's Consolidated Statements of Operations and the line item in which they are located for interest rate derivatives not designated as hedging instruments are as follows: Three months ended June 30, Six months ended June 30, (in thousands) 2017 2016 2017 2016 Interest income (expense) $ (17 ) $ (694 ) $ 372 $ (2,294 )
Schedule of Fair Value of Interest Rate Derivative Liabilities	t June 30, 2017 , December 31, 2016 and June 30, 2016 , the Company had recorded the following amounts for the fair value of the Company's interest rate derivatives: June 30, 2017 December 31, 2016 June 30, 2016 (in thousands) Derivatives not designated as hedging instruments Interest rate contracts included in other long-term liabilities $ (2,158 ) $ (2,530 ) $ (5,422 ) Total fair value of interest rate derivatives not designated as hedging instruments $ (2,158 ) $ (2,530 ) $ (5,422 ) The Company also has foreign currency derivatives which are considered effective economic hedges of specified economic risks but which are not designated as accounting hedges. At June 30, 2017 , December 31, 2016 and June 30, 2016 , the Company had recorded the following amounts for the fair value of the Company's foreign currency derivatives: June 30, 2017 December 31, 2016 June 30, 2016 (in thousands) Derivatives not designated as hedging instruments Foreign currency contracts included in short-term assets (liabilities) $ 654 $ (112 ) $ 1,391 Total fair value of foreign currency contract derivatives not designated as hedging instruments $ 654 $ (112 ) $ 1,391

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2017
Pension Benefits
Employee Benefit Plans [Line Items]
Schedule of Defined Benefit Plans Disclosures	The following are components of the net periodic benefit cost for the pension and postretirement benefit plans maintained by the Company for the three and six months ended June 30, 2017 and 2016 : Pension Benefits (in thousands) Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Service cost $ — $ — $ — $ — Interest cost 39 48 78 97 Recognized net actuarial loss 63 37 126 73 Benefit cost $ 102 $ 85 $ 204 $ 170
Postretirement Benefits
Employee Benefit Plans [Line Items]
Schedule of Defined Benefit Plans Disclosures	Postretirement Benefits (in thousands) Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Service cost $ 106 $ 167 $ 229 $ 380 Interest cost 282 370 582 775 Amortization of prior service cost — (89 ) — (177 ) Recognized net actuarial loss — 149 — 384 Benefit cost $ 388 $ 597 $ 811 $ 1,362

Accumulated Other Comprehensi32

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following tables summarize the after-tax components of accumulated other comprehensive income (loss) attributable to the Company for the three and six months ended June 30, 2017 and 2016 : Changes in Accumulated Other Comprehensive Income (Loss) by Component (a) Three months ended June 30, 2017 Six months ended June 30, 2017 (in thousands) Foreign Currency Translation Adjustment Defined Benefit Plan Items Total Foreign Currency Translation Adjustment Defined Benefit Plan Items Total Beginning Balance $ (10,488 ) $ (1,476 ) $ (11,964 ) $ (11,002 ) $ (1,466 ) $ (12,468 ) Other comprehensive income (loss) before reclassifications 959 (988 ) (29 ) 1,473 (998 ) 475 Net current-period other comprehensive income (loss) 959 (988 ) (29 ) 1,473 (998 ) 475 Ending balance $ (9,529 ) $ (2,464 ) $ (11,993 ) $ (9,529 ) $ (2,464 ) $ (11,993 ) Changes in Accumulated Other Comprehensive Income (Loss) by Component (a) Three months ended June 30, 2016 Six months ended June 30, 2016 (in thousands) Losses on Cash Flow Hedges Foreign Currency Translation Adjustment Defined Benefit Plan Items Total Losses on Cash Flow Hedges Foreign Currency Translation Adjustment Investment in Debt Securities Defined Benefit Plan Items Total Beginning Balance $ (51 ) $ (9,536 ) $ (8,740 ) $ (18,327 ) $ (111 ) $ (12,041 ) $ 126 $ (8,913 ) $ (20,939 ) Other comprehensive income (loss) before reclassifications 60 52 1,177 1,289 120 2,557 — 1,406 4,083 Amounts reclassified from accumulated other comprehensive loss — — (56 ) (56 ) — — (126 ) (112 ) (238 ) Net current-period other comprehensive income (loss) 60 52 1,121 1,233 120 2,557 (126 ) 1,294 3,845 Ending balance $ 9 $ (9,484 ) $ (7,619 ) $ (17,094 ) $ 9 $ (9,484 ) $ — $ (7,619 ) $ (17,094 ) (a) All amounts are net of tax. Amounts in parentheses indicate debits
Reclassification out of Accumulated Other Comprehensive Income	The following table shows the reclassification adjustments from accumulated other comprehensive loss to net income for the three and six months ended June 30, 2016 : Reclassifications Out of Accumulated Other Comprehensive Income (Loss) (a) (in thousands) Three months ended June 30, 2016 Six months ended June 30, 2016 Details about Accumulated Other Comprehensive Income (Loss) Components Amount Reclassified from Accumulated Other Comprehensive Income (Loss) Affected Line Item in the Statement Where Net Income Is Presented Amount Reclassified from Accumulated Other Comprehensive Income (Loss) Affected Line Item in the Statement Where Net Income Is Presented Defined Benefit Plan Items Amortization of prior-service cost $ (89 ) (b) $ (177 ) (b) (89 ) Total before tax (177 ) Total before tax 33 Income tax provision 65 Income tax provision $ (56 ) Net of tax $ (112 ) Net of tax Other items Recognition of gain on sale of investment — (200 ) — Total before tax (200 ) Total before tax — Income tax provision 74 Income tax provision — Net of tax (126 ) Net of tax Total reclassifications for the period $ (56 ) Net of tax (238 ) Net of tax (a) Amounts in parentheses indicate credits to profit/loss (b) This accumulated other comprehensive loss component is included in the computation of net periodic benefit cost (see Note 6).

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Earnings per share	(in thousands, except per common share data) Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Net income (loss) attributable to The Andersons, Inc. $ (26,653 ) $ 14,423 $ (29,742 ) $ (273 ) Less: Distributed and undistributed earnings allocated to nonvested restricted stock — 8 — 5 Earnings (losses) available to common shareholders $ (26,653 ) $ 14,415 $ (29,742 ) $ (278 ) Earnings per share – basic: Weighted average shares outstanding – basic 28,350 28,227 28,316 28,164 Earnings (losses) per common share – basic $ (0.94 ) $ 0.51 $ (1.05 ) $ (0.01 ) Earnings per share – diluted: Weighted average shares outstanding – basic 28,350 28,227 28,316 28,164 Effect of dilutive awards — 86 — — Weighted average shares outstanding – diluted 28,350 28,313 28,316 28,164 Earnings (losses) per common share – diluted $ (0.94 ) $ 0.51 $ (1.05 ) $ (0.01 )

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Assets and liabilities measured at fair value on a recurring basis	The following table presents the Company’s assets and liabilities measured at fair value on a recurring basis at June 30, 2017 , December 31, 2016 and June 30, 2016 : (in thousands) June 30, 2017 Assets (liabilities) Level 1 Level 2 Level 3 Total Restricted cash $ 1,033 $ — $ — $ 1,033 Commodity derivatives, net (a) 2,817 (8,445 ) — (5,628 ) Provisionally priced contracts (b) (87,958 ) (30,779 ) — (118,737 ) Convertible preferred securities (c) — — 3,294 3,294 Other assets and liabilities (d) 10,155 (2,158 ) — 7,997 Total $ (73,953 ) $ (41,382 ) $ 3,294 $ (112,041 ) (in thousands) December 31, 2016 Assets (liabilities) Level 1 Level 2 Level 3 Total Restricted cash $ 471 $ — $ — $ 471 Commodity derivatives, net (a) 29,872 (7,831 ) — 22,041 Provisionally priced contracts (b) (105,321 ) (64,876 ) — (170,197 ) Convertible preferred securities (c) — — 3,294 3,294 Other assets and liabilities (d) 9,391 (2,530 ) — 6,861 Total $ (65,587 ) $ (75,237 ) $ 3,294 $ (137,530 ) (in thousands) June 30, 2016 Assets (liabilities) Level 1 Level 2 Level 3 Total Cash equivalents $ 11,578 $ — $ — $ 11,578 Restricted cash 987 — — 987 Commodity derivatives, net (a) 48,412 24,083 — 72,495 Provisionally priced contracts (b) (42,213 ) (18,495 ) — (60,708 ) Convertible preferred securities (c) — — 3,294 3,294 Other assets and liabilities (d) 6,080 (5,426 ) — 654 Total $ 24,844 $ 162 $ 3,294 $ 28,300 (a) Includes associated cash posted/received as collateral (b) Included in "Provisionally priced contracts" are those instruments based only on underlying futures values (Level 1) and delayed price contracts (Level 2) (c) Recorded in “Other noncurrent assets” on the Company’s Condensed Consolidated Balance Sheets (d) Included in other assets and liabilities are deferred compensation assets, ethanol risk management contracts, and foreign exchange derivative contracts (Level 1), and interest rate derivatives (Level 2)
Beginning and ending balances for the Company's fair value measurements using Level 3 inputs	A reconciliation of beginning and ending balances for the Company’s fair value measurements using Level 3 inputs is as follows: Contingent Consideration Convertible Securities (in thousands) 2017 2016 2017 2016 Asset (liability) at January 1, $ — $ (350 ) $ 3,294 $ 13,550 Gains (losses) included in earnings — 190 — 710 Sales proceeds — — — (13,485 ) Asset (liability) at March 31, $ — $ (160 ) $ 3,294 $ 775 Gains (losses) included in earnings — 160 — 19 New agreements — — — 2,500 Asset (liability) at June 30, $ — $ — $ 3,294 $ 3,294
Fair Value Inputs, Assets, Quantitative Information	The following tables summarize quantitative information about the Company's Level 3 fair value measurements as of June 30, 2017 , December 31, 2016 and June 30, 2016 : Quantitative Information about Level 3 Fair Value Measurements (in thousands) Fair Value as of June 30, 2017 Valuation Method Unobservable Input Weighted Average Convertible Notes $ 3,294 Cost Basis, Plus Interest N/A N/A (in thousands) Fair Value as of December 31, 2016 Valuation Method Unobservable Input Weighted Average Convertible Notes $ 3,294 Cost Basis, Plus Interest N/A N/A Real Property $ 11,210 Third-Party Appraisal N/A N/A (in thousands) Fair Value as of June 30, 2016 Valuation Method Unobservable Input Weighted Average Convertible Notes $ 3,294 Cost Basis, Plus Interest N/A N/A
Fair value of long-term debt estimated using quoted market prices or discounted future cash flows	The fair value of the Company’s long-term debt is estimated using quoted market prices or discounted future cash flows based on the Company’s current incremental borrowing rates for similar types of borrowing arrangements. As such, the Company has concluded that the fair value of long-term debt is considered Level 2 in the fair value hierarchy. (in thousands) June 30, December 31, June 30, Fair value of long-term debt, including current maturities $ 423,316 $ 450,940 $ 472,714 Fair value in excess of carrying value 2,612 3,116 16,498

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2017
Related Party Transactions [Abstract]
Company's investment balance in each of its equity method investees by entity	The following table presents combined summarized unaudited financial information of these investments for the three and six months ended June 30, 2017 and 2016: (in thousands) Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Revenues $ 1,380,361 $ 1,340,809 $ 3,002,406 $ 3,029,680 Gross profit 58,812 52,204 97,728 77,782 Income from continuing operations 16,328 556 11,518 (17,568 ) Net income (loss) 13,421 (2,051 ) 7,248 (20,164 ) Net income (loss) attributable to companies 13,714 (1,410 ) 7,972 (19,122 ) The following table presents the Company’s investment balance in each of its equity method investees by entity: (in thousands) June 30, 2017 December 31, 2016 June 30, 2016 The Andersons Albion Ethanol LLC $ 40,829 $ 38,972 $ 34,133 The Andersons Clymers Ethanol LLC 19,903 19,739 30,088 The Andersons Marathon Ethanol LLC 14,045 22,069 31,158 Lansing Trade Group, LLC 89,235 89,050 90,884 Thompsons Limited (a) 49,252 46,184 47,948 Other 2,530 917 4,267 Total $ 215,794 $ 216,931 $ 238,478 (a) Thompsons Limited and related U.S. operating company held by joint ventures
Income (loss) earned from the Company's equity method investments by entity	The following table summarizes income (loss) earned from the Company’s equity method investments by entity: Three months ended June 30, Six months ended June 30, (in thousands) % Ownership at June 30, 2017 2017 2016 2017 2016 The Andersons Albion Ethanol LLC 55% $ 2,135 $ 1,650 $ 1,858 $ 1,328 The Andersons Clymers Ethanol LLC 39% 569 1,889 776 810 The Andersons Marathon Ethanol LLC 33% 779 1,712 316 (97 ) Lansing Trade Group, LLC 33% (a) 896 (5,333 ) 185 (8,101 ) Thompsons Limited (b) 50% 2,081 2,426 1,486 1,427 Other 5% - 50% (75 ) — (114 ) — Total $ 6,385 $ 2,344 $ 4,507 $ (4,633 ) (a) This does not consider restricted management units which once vested will reduce the ownership percentage by approximately 0.6% (b) Thompsons Limited and related U.S. operating company held by joint ventures
Schedule of aggregate summarized financial information of subsidiaries	The following table sets forth the related party transactions entered into for the time periods presented: Three months ended June 30, Six months ended June 30, (in thousands) 2017 2016 2017 2016 Sales revenues $ 241,896 $ 176,865 $ 439,964 $ 371,702 Service fee revenues (a) 9,410 9,490 14,036 14,126 Purchases of product 167,904 116,556 302,411 218,509 Lease income (b) 1,422 1,994 2,709 3,861 Labor and benefits reimbursement (c) 6,863 6,841 10,553 10,738 Other expenses (d) — — — 149 (a) Service fee revenues include management fees, corn origination fees, ethanol and distillers dried grains (DDG) marketing fees, and other commissions. (b) Lease income includes the lease of the Company’s Albion, Michigan and Clymers, Indiana grain facilities as well as certain railcars to the various ethanol LLCs and IANR. (c) The Company provides all operational labor to the unconsolidated ethanol LLCs and charges them an amount equal to the Company’s costs of the related services. (d) Other expenses include payments to IANR for repair facility rent and use of their railroad reporting mark, payment to LTG for the lease of railcars and other various expenses. (in thousands) June 30, 2017 December 31, 2016 June 30, 2016 Accounts receivable (e) $ 25,673 $ 26,254 $ 20,685 Accounts payable (f) 25,590 23,961 10,022 (e) Accounts receivable represents amounts due from related parties for sales of corn, leasing revenue and service fees. (f) Accounts payable represents amounts due to related parties for purchases of ethanol and other various items.

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Segment Information	Three months ended June 30, Six months ended June 30, (in thousands) 2017 2016 2017 2016 Revenues from external customers Grain $ 488,447 $ 522,989 $ 966,975 $ 1,061,803 Ethanol 187,831 142,520 341,984 257,213 Plant Nutrient 264,736 320,036 411,323 487,027 Rail 38,149 40,342 78,539 79,951 Retail 14,499 38,357 46,857 66,129 Total $ 993,662 $ 1,064,244 $ 1,845,678 $ 1,952,123 Three months ended June 30, Six months ended June 30, (in thousands) 2017 2016 2017 2016 Inter-segment sales Grain $ 141 $ 174 $ 207 $ 1,625 Plant Nutrient 70 114 241 361 Rail 275 355 566 734 Total $ 486 $ 643 $ 1,014 $ 2,720 Three months ended June 30, Six months ended June 30, (in thousands) 2017 2016 2017 2016 Income (loss) before income taxes Grain $ 6,929 $ (13,037 ) $ 1,856 $ (30,442 ) Ethanol 4,660 6,187 6,376 3,507 Plant Nutrient (25,825 ) 23,535 (19,154 ) 25,239 Rail 5,860 6,569 11,938 15,944 Retail (6,718 ) 1,010 (13,564 ) (1,066 ) Other (3,907 ) (2,173 ) (12,077 ) (13,073 ) Noncontrolling interests (64 ) 1,018 (10 ) 92 Total $ (19,065 ) $ 23,109 $ (24,635 ) $ 201 (in thousands) June 30, 2017 December 31, 2016 June 30, 2016 Identifiable assets Grain $ 783,316 $ 961,114 $ 879,055 Ethanol 170,730 171,115 192,470 Plant Nutrient 351,871 484,455 448,225 Rail 448,417 398,446 388,456 Retail 11,830 31,257 43,878 Other 145,261 186,462 155,331 Total $ 1,911,425 $ 2,232,849 $ 2,107,415

Supplemental Cash Flow Inform37

Supplemental Cash Flow Information (Tables)	6 Months Ended
	Jun. 30, 2017
Supplemental Cash Flow Information [Abstract]
Schedule of Cash Flow Supplemental Information	Certain supplemental cash flow information, including noncash investing and financing activities for the six months ended June 30, 2017 and 2016 are as follows: Six months ended June 30, (in thousands) 2017 2016 Supplemental disclosure of cash flow information Interest paid $ 12,430 $ 9,567 Noncash investing and financing activity Capital projects incurred but not yet paid $ 3,695 $ 9,653 Investment merger (decreasing equity method investments and non-controlling interest) 8,360 — Outstanding receivable for sale of assets 4,356 — Dividends declared not yet paid 4,501 4,341

Goodwill and Other Intangible38

Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Carrying Amount of Goodwill by Reportable Segment	The changes in the carrying amount of goodwill by reportable segment for the six months ended June 30, 2017 are as follows: (in thousands) Grain Plant Nutrient Rail Total Balance as of January 1, 2017 $ — $ 59,767 $ 4,167 $ 63,934 Acquisitions 1,171 — — 1,171 Impairments — (42,000 ) — (42,000 ) Balance as of June 30, 2017 $ 1,171 $ 17,767 $ 4,167 $ 23,105

Inventories (Details)

Inventories (Details) $ in Thousands, bu in Millions	Jun. 30, 2017USD ($)bu	Dec. 31, 2016USD ($)bu	Jun. 30, 2016USD ($)bu
Inventory, Net [Abstract]
Grain	$ 373,863	$ 495,139	$ 348,757
Ethanol and co-products	14,041	10,887	15,298
Plant nutrients and cob products	69,365	150,259	91,227
Retail merchandise	906	20,678	25,161
Railcar repair parts	5,030	5,784	5,793
Total inventories	$ 463,205	$ 682,747	$ 486,236
Bushels of grain held in storage and excluded from inventory calculations | bu	0.8	0.9	4

Property, Plant and Equipment40

Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Components of property, plant and equipment
Land	$ 23,566	$ 30,672	$ 28,472
Land improvements and leasehold improvements	71,236	79,631	77,849
Buildings and storage facilities	298,077	322,856	290,528
Machinery and equipment	382,321	392,418	374,107
Construction in progress	7,372	12,784	51,672
Property, plant and equipment, gross	782,572	838,361	822,628
Less: accumulated depreciation	359,530	388,309	375,361
Property, plant and equipment, net	$ 423,042	$ 450,052	$ 447,267

Property, Plant and Equipment41

Property, Plant and Equipment (Details Textual) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Property, Plant and Equipment [Line Items]
Depreciation expense		$ 12	$ 11.6	$ 24.1	$ 23.8
Depreciation expense on railcar assets leased to others		$ 5	$ 4.7	$ 9.7	$ 9.3
Retail
Property, Plant and Equipment [Line Items]
Impairment of long-lived assets	$ 6
Capitalized computer software, impairments	0.5
Plant Nutrient
Property, Plant and Equipment [Line Items]
Impairment of long-lived assets	$ 2.3

Property, Plant and Equipment42

Property, Plant and Equipment (Details 1) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Components of Railcar assets leased to others
Rail Group assets leased to others, gross	$ 482,524	$ 431,571	$ 442,239
Less: accumulated depreciation	107,432	104,376	102,103
Railcar assets leased to others, net	$ 375,092	$ 327,195	$ 340,136

Debt (Details Textual)

Debt (Details Textual) - Line of credit - USD ($) $ in Millions	Jun. 30, 2017	Apr. 13, 2017
Line of Credit Facility [Line Items]
Credit facility, maximum borrowing capacity	$ 820	$ 800
Total available for borrowings under lines of credit	633.5
Secured Debt
Line of Credit Facility [Line Items]
Credit facility, maximum borrowing capacity	$ 20

Debt (Details)

Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Debt Instrument [Line Items]
Short-term debt	$ 124,000	$ 29,000	$ 179,404
Long-term debt
Total current maturities of long-term debt	62,482	47,545	53,720
Total long-term debt, less current maturities	354,066	397,065	398,746
Nonrecourse
Debt Instrument [Line Items]
Short-term debt	0	0	0
Long-term debt
Total current maturities of long-term debt	0	0	0
Total long-term debt, less current maturities	0	0	0
Recourse
Debt Instrument [Line Items]
Short-term debt	124,000	29,000	179,404
Long-term debt
Total current maturities of long-term debt	62,482	47,545	53,720
Total long-term debt, less current maturities	$ 354,066	$ 397,065	$ 398,746

Derivatives (Details Textual)

Derivatives (Details Textual)	6 Months Ended
	Jun. 30, 2017
Derivatives (Textual) [Abstract]
Maximum period in which contracts for the sale of grain to processors or other consumers extend (years)	1 year

Derivatives (Details)

Derivatives (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Estimated fair value of Company's commodity derivative instruments for cash collateral and associated cash as collateral
Net derivative asset position, Collateral paid (received)	$ 15,452	$ 28,273	$ 38,252
Net derivative asset position, Fair value of derivatives	(12,835)	1,599	13,491
Net derivative asset position, net	2,617	29,872	51,743
Net derivative liability position, Collateral paid	0	0	(480)
Net derivative liability position, Fair value of derivatives	0	0	1,480
Net derivative liability position, net	$ 0	$ 0	$ 1,000

Derivatives (Details 1)

Derivatives (Details 1) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Derivatives, Fair Value [Line Items]
Commodity derivative assets	$ (12,835)	$ 1,599	$ 13,491
Commodity derivative liabilities	0	0	(1,480)
Commodity derivative assets - current	11,619	45,447	115,924
Commodity derivative assets - noncurrent	1,191	100	1,934
Commodity derivative liabilities - current	(18,104)	(23,167)	(43,183)
Commodity derivative liabilities - noncurrent	(334)	(339)	(2,182)
Commodity
Derivatives, Fair Value [Line Items]
Commodity derivative assets	31,708	37,739	142,608
Commodity derivative liabilities	(52,788)	(43,971)	(107,887)
Cash collateral	15,452	28,273	37,772
Total	(5,628)	22,041	72,493
Commodity Derivative Assets - Current | Commodity
Derivatives, Fair Value [Line Items]
Commodity derivative assets	26,101	36,146	134,504
Commodity derivative liabilities	(29,934)	(18,972)	(56,832)
Cash collateral	15,452	28,273	38,252
Commodity derivative assets - current	11,619	45,447	115,924
Commodity Derivative Assets - Noncurrent | Commodity
Derivatives, Fair Value [Line Items]
Commodity derivative assets	1,201	140	2,095
Commodity derivative liabilities	(10)	(40)	(161)
Cash collateral	0	0	0
Commodity derivative assets - noncurrent	1,191	100	1,934
Commodity Derivative Liabilities - Current | Commodity
Derivatives, Fair Value [Line Items]
Commodity derivative assets	4,404	1,447	5,925
Commodity derivative liabilities	(22,508)	(24,614)	(48,628)
Cash collateral	0	0	(480)
Commodity derivative liabilities - current	(18,104)	(23,167)	(43,183)
Commodity Derivative Liabilities - Noncurrent | Commodity
Derivatives, Fair Value [Line Items]
Commodity derivative assets	2	6	84
Commodity derivative liabilities	(336)	(345)	(2,266)
Cash collateral	0	0	0
Commodity derivative liabilities - noncurrent	$ (334)	$ (339)	$ (2,182)

Derivatives (Details 2)

Derivatives (Details 2) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Commodity | Cost of Sales and Merchandising Revenues
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on derivatives instruments	$ (41,873)	$ 34,800	$ (14,848)	$ 25,941
Foreign currency contract | Other Income | Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on derivatives instruments	669	(87)	767	1,391
Interest rate contracts | Interest Expense | Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on derivatives instruments	$ (17)	$ (694)	$ 372	$ (2,294)

Derivatives (Details 3)

Derivatives (Details 3) lb in Thousands, gal in Thousands, bu in Thousands, T in Thousands	Jun. 30, 2017lb	Jun. 30, 2017bu	Jun. 30, 2017T	Jun. 30, 2017gal	Dec. 31, 2016lb	Dec. 31, 2016bu	Dec. 31, 2016T	Dec. 31, 2016gal	Jun. 30, 2016lb	Jun. 30, 2016bu	Jun. 30, 2016T	Jun. 30, 2016gal
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	4,658	433,265	160	261,848	9,358	391,161	110	294,345	13,800	559,552	128	167,004
Non-exchange Traded
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	4,658	264,685	100	257,018	9,358	239,451	110	216,225	13,800	338,707	128	130,464
Non-exchange Traded | Corn
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	184,197	0	0	0	175,549	0	0	0	242,269	0	0
Non-exchange Traded | Soybeans
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	31,532	0	0	0	20,592	0	0	0	52,599	0	0
Non-exchange Traded | Wheat
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	7,340	0	0	0	7,177	0	0	0	13,100	0	0
Non-exchange Traded | Oats
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	41,526	0	0	0	36,025	0	0	0	30,722	0	0
Non-exchange Traded | Ethanol
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	0	0	256,518	0	0	0	215,081	0	0	0	130,464
Non-exchange Traded | Corn Oil
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	4,658	0	0	0	9,358	0	0	0	13,800	0	0	0
Non-exchange Traded | Other
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	90	100	500	0	108	110	1,144	0	17	128	0
Exchange Traded
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	168,580	60	4,830	0	151,710	0	78,120	0	220,845	0	36,540
Exchange Traded | Corn
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	94,895	0	0	0	63,225	0	0	0	148,665	0	0
Exchange Traded | Soybeans
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	27,470	0	0	0	39,005	0	0	0	46,570	0	0
Exchange Traded | Wheat
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	43,925	0	0	0	45,360	0	0	0	22,790	0	0
Exchange Traded | Oats
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	2,290	0	0	0	4,120	0	0	0	2,820	0	0
Exchange Traded | Ethanol
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	0	0	3,990	0	0	0	78,120	0	0	0	36,540
Exchange Traded | Other
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	0	60	840

Derivatives (Details 4)

Derivatives (Details 4) - Not Designated as Hedging Instrument - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Interest rate contracts
Derivative [Line Items]
Derivative liabilities	$ (2,158)	$ (2,530)	$ (5,422)
Foreign currency contract
Derivative [Line Items]
Derivative assets	654	(112)	1,391
Other long term liabilities | Interest rate contracts
Derivative [Line Items]
Derivative liabilities	(2,158)	(2,530)	(5,422)
Short term assets | Foreign currency contract
Derivative [Line Items]
Derivative assets	$ 654	$ (112)	$ 1,391

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Pension Benefits
Components of the net periodic benefit cost
Service cost	$ 0	$ 0	$ 0	$ 0
Interest cost	39	48	78	97
Recognized net actuarial loss	63	37	126	73
Benefit cost (income)	102	85	204	170
Postretirement Benefits
Components of the net periodic benefit cost
Service cost	106	167	229	380
Interest cost	282	370	582	775
Amortization of prior service cost	0	(89)	0	(177)
Recognized net actuarial loss	0	149	0	384
Benefit cost (income)	$ 388	$ 597	$ 811	$ 1,362

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Tax Contingency [Line Items]
U.S. Federal tax rate			35.00%	35.00%
Income tax expense (benefit)	$ 7,652	$ 7,668	$ 5,117	$ 382
Effective tax rate	(40.10%)	33.20%	(20.80%)	189.60%
Goodwill write-off	$ 42,000	$ 0	$ 42,000	$ 0
Discrete tax charges related to state income taxes percent				174.70%
State and Local Jurisdiction
Income Tax Contingency [Line Items]
Decrease in reserve for unrecognized state income tax benefits under appeal	300
Current state income tax payable	$ 300		$ 300

Accumulated Other Comprehensi53

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	[1]	$ (11,964)	$ (18,327)	$ (12,468)	$ (20,939)
Other comprehensive income (loss) before reclassifications	[1]	(29)	1,289	475	4,083
Amounts reclassified from accumulated other comprehensive income (loss)	[1]		(56)		(238)
Other comprehensive income (loss)	[1]	(29)	1,233	475	3,845
Ending balance	[1]	(11,993)	(17,094)	(11,993)	(17,094)
Losses on Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	[1]	0	(51)	0	(111)
Other comprehensive income (loss) before reclassifications	[1]	0	60	0	120
Amounts reclassified from accumulated other comprehensive income (loss)	[1]		0		0
Other comprehensive income (loss)	[1]	0	60	0	120
Ending balance	[1]	0	9	0	9
Foreign Currency Translation Adjustment
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	[1]	(10,488)	(9,536)	(11,002)	(12,041)
Other comprehensive income (loss) before reclassifications	[1]	959	52	1,473	2,557
Amounts reclassified from accumulated other comprehensive income (loss)	[1]		0		0
Other comprehensive income (loss)	[1]	959	52	1,473	2,557
Ending balance	[1]	(9,529)	(9,484)	(9,529)	(9,484)
Investment in Debt Securities
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	[1]			0	126
Other comprehensive income (loss) before reclassifications	[1]			0	0
Amounts reclassified from accumulated other comprehensive income (loss)	[1]				(126)
Other comprehensive income (loss)	[1]			0	(126)
Ending balance	[1]	0	0	0	0
Defined Benefit Plan Items
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	[1]	(1,476)	(8,740)	(1,466)	(8,913)
Other comprehensive income (loss) before reclassifications	[1]	(988)	1,177	(998)	1,406
Amounts reclassified from accumulated other comprehensive income (loss)	[1]		(56)		(112)
Other comprehensive income (loss)	[1]	(988)	1,121	(998)	1,294
Ending balance	[1]	$ (2,464)	$ (7,619)	$ (2,464)	$ (7,619)
[1]	All amounts are net of tax. Amounts in parentheses indicate debits

Accumulated Other Comprehensi54

Accumulated Other Comprehensive Loss - Schedule of Reclassifications Out of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Schedule of Reclassifciations Out of Accumulated Other Comprehensive Income [Line Items]
Income (loss) before income taxes		$ (19,065)	$ 23,109	$ (24,635)	$ 201
Income tax provision (benefit)		7,652	7,668	5,117	382
Net income (loss)		(26,717)	15,441	$ (29,752)	(181)
Reclassification out of Accumulated Other Comprehensive Income
Schedule of Reclassifciations Out of Accumulated Other Comprehensive Income [Line Items]
Net income (loss)	[1]		(56)		(238)
Reclassification out of Accumulated Other Comprehensive Income | Accumulated Defined Benefit Plans Adjustment, Net Prior Service Attributable to Parent [Member]
Schedule of Reclassifciations Out of Accumulated Other Comprehensive Income [Line Items]
Amortization of prior-service cost	[2],[3]		(89)		(177)
Income (loss) before income taxes			(89)		(177)	[2]
Income tax provision (benefit)			33		65
Net income (loss)			$ (56)		(112)	[2]
Reclassification out of Accumulated Other Comprehensive Income | Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Schedule of Reclassifciations Out of Accumulated Other Comprehensive Income [Line Items]
Recognition of gain on sale of investment		0			(200)	[1]
Income (loss) before income taxes		0			(200)	[1]
Income tax provision (benefit)		0			74
Net income (loss)		$ 0			$ (126)	[1]
[1]	Amounts in parentheses indicate credits to profit/loss
[2]	All amounts are net of tax. Amounts in parentheses indicate debits
[3]	This accumulated other comprehensive loss component is included in the computation of net periodic benefit cost (see Note 6).

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings Per Share [Abstract]
Net income attributable to The Andersons, Inc.	$ (26,653)	$ 14,423	$ (29,742)	$ (273)
Less: Distributed and undistributed earnings allocated to nonvested restricted stock	0	8	0	5
Earnings available to common shareholders	$ (26,653)	$ 14,415	$ (29,742)	$ (278)
Earnings per share - basic:
Weighted average shares outstanding - basic (shares)	28,350,000	28,227,000	28,316,000	28,164,000
Earnings per common share - basic (dollars per share)	$ (0.94)	$ 0.51	$ (1.05)	$ (0.01)
Earnings per share - diluted:
Weighted average shares outstanding - basic (shares)	28,350,000	28,227,000	28,316,000	28,164,000
Effect of dilutive awards (shares)	0	86,000	0	0
Weighted average shares outstanding - diluted (shares)	28,350,000	28,313,000	28,316,000	28,164,000
Earnings per common share - diluted (dollars per share)	$ (0.94)	$ 0.51	$ (1.05)	$ (0.01)
Earnings Per Share (Textual) [Abstract]
Antidilutive stock-based awards outstanding (shares)			0	0

Fair Value Measurements (Detail

Fair Value Measurements (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Assets and liabilities measured at fair value on a recurring basis
Cash equivalents			$ 11,578
Restricted cash	$ 1,033	$ 471	987
Commodity derivatives, net	(5,628)	22,041	72,495
Provisionally price contracts	(118,737)	(170,197)	(60,708)
Convertible preferred securities	3,294	3,294	3,294
Other assets and liabilities	7,997	6,861	654
Total	(112,041)	(137,530)	28,300
Level 1
Assets and liabilities measured at fair value on a recurring basis
Cash equivalents			11,578
Restricted cash	1,033	471	987
Commodity derivatives, net	2,817	29,872	48,412
Provisionally price contracts	(87,958)	(105,321)	(42,213)
Convertible preferred securities	0	0	0
Other assets and liabilities	10,155	9,391	6,080
Total	(73,953)	(65,587)	24,844
Level 2
Assets and liabilities measured at fair value on a recurring basis
Cash equivalents			0
Restricted cash	0	0	0
Commodity derivatives, net	(8,445)	(7,831)	24,083
Provisionally price contracts	(30,779)	(64,876)	(18,495)
Convertible preferred securities	0	0	0
Other assets and liabilities	(2,158)	(2,530)	(5,426)
Total	(41,382)	(75,237)	162
Level 3
Assets and liabilities measured at fair value on a recurring basis
Cash equivalents			0
Restricted cash	0	0	0
Commodity derivatives, net	0	0	0
Provisionally price contracts	0	0	0
Convertible preferred securities	3,294	3,294	3,294
Other assets and liabilities	0	0	0
Total	$ 3,294	$ 3,294	$ 3,294

Fair Value Measurements (Deta57

Fair Value Measurements (Details 1) - Level 3 - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2016
Convertible Securities
Reconciliation of Fair Value Measurements Using Level 3
Asset (liability), Beginning Balance		$ (3,294)		$ (13,550)
Gains (losses) included in earnings	$ 0	0	$ 19	710
Sales proceeds		0		(13,485)
New agreements	0		2,500
Asset (liability), Ending Balance	(3,294)		(775)
Convertible Notes | Cost Basis, Plus Interest
Quantitative Information about Level 3 Fair Value Measurements
Convertible Notes	3,294		3,294		$ 3,294
Real Property | Third-Party Appraisal
Quantitative Information about Level 3 Fair Value Measurements
Real Property					$ 11,210
Contingent Consideration
Reconciliation of Fair Value Measurements Using Level 3
Asset (liability), Beginning Balance		0		(350)
Gains (losses) included in earnings	0	0	160	190
Sales proceeds		$ 0		$ 0
New agreements	0		0
Asset (liability), Ending Balance	$ 0		$ (160)

Fair Value Measurements (Deta58

Fair Value Measurements (Details 2) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Fair value of long-term debt estimated using quoted market prices or discounted future cash flows
Fair value of long-term debt, including current maturities	$ 423,316	$ 450,940	$ 472,714
Fair value in excess of carrying value	$ 2,612	$ 3,116	$ 16,498

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Equity Method Investment Companys Investment Balance In Each Equity Method Investees By Entity [Abstract]
Equity method investments		$ 215,794	$ 238,478	$ 215,794	$ 238,478	$ 216,931
Income earned from Company's equity method investees		6,385	2,344	4,507	(4,633)
The Andersons Albion Ethanol LLC
Equity Method Investment Companys Investment Balance In Each Equity Method Investees By Entity [Abstract]
Equity method investments		40,829	34,133	40,829	34,133	38,972
Income earned from Company's equity method investees		2,135	1,650	1,858	1,328
The Andersons Clymers Ethanol LLC
Equity Method Investment Companys Investment Balance In Each Equity Method Investees By Entity [Abstract]
Equity method investments		19,903	30,088	19,903	30,088	19,739
Income earned from Company's equity method investees		569	1,889	776	810
The Andersons Marathon Ethanol LLC
Equity Method Investment Companys Investment Balance In Each Equity Method Investees By Entity [Abstract]
Equity method investments		14,045	31,158	14,045	31,158	22,069
Income earned from Company's equity method investees		779	1,712	316	(97)
Lansing Trade Group LLC
Equity Method Investment Companys Investment Balance In Each Equity Method Investees By Entity [Abstract]
Equity method investments		89,235	90,884	89,235	90,884	89,050
Income earned from Company's equity method investees		896	(5,333)	185	(8,101)
Thompsons Limited
Equity Method Investment Companys Investment Balance In Each Equity Method Investees By Entity [Abstract]
Equity method investments	[1]	49,252	47,948	49,252	47,948	46,184
Income earned from Company's equity method investees	[2]	2,081	2,426	1,486	1,427
Other
Equity Method Investment Companys Investment Balance In Each Equity Method Investees By Entity [Abstract]
Equity method investments		2,530	4,267	2,530	4,267	$ 917
Income earned from Company's equity method investees		$ (75)	$ 0	$ (114)	$ 0
[1]	Thompsons Limited and related U.S. operating company held by joint ventures
[2]	Thompsons Limited and related U.S. operating company held by joint ventures

Related Party Transactions (D60

Related Party Transactions (Details Textual) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2017	Jun. 30, 2016	Jan. 01, 2017	Dec. 31, 2016
Related Party Transaction [Line Items]
Total distributions received from unconsolidated affiliates					$ 0.6	$ 2.7
Percentage of shares acquired from subsidiary (percentage)
Revenues recognized for the sale of ethanol		$ 161.3		$ 111.3	$ 284.5	198.9
Revenues recognized for the sale of corn	$ 125.5		$ 105.6		243	224.1
Related party, Gross asset	0.6		5.2		0.6	5.2		$ 4.1
Related party, Gross liability	$ 0.7		$ 1		$ 0.7	$ 1		$ 0.1
TAEI
Related Party Transaction [Line Items]
Percentage of company ownership interest (percentage)							66.00%
TAME
Related Party Transaction [Line Items]
Percentage of company ownership interest (percentage)	33.00%				33.00%		50.00%
Noncontrolling interest is attributed of all gains and losses of parent (percentage)	33.00%				33.00%

Related Party Transactions (D61

Related Party Transactions (Details 1)		Jun. 30, 2017	Jan. 01, 2017
Income Earned From Companys Equity Method Investments By Entity [Abstract]
Reduction in ownership percentage (percentage)		0.60%
The Andersons Albion Ethanol LLC
Income Earned From Companys Equity Method Investments By Entity [Abstract]
Percentage of company ownership interest (percentage)		55.00%
The Andersons Clymers Ethanol LLC
Income Earned From Companys Equity Method Investments By Entity [Abstract]
Percentage of company ownership interest (percentage)		39.00%
The Andersons Marathon Ethanol LLC
Income Earned From Companys Equity Method Investments By Entity [Abstract]
Percentage of company ownership interest (percentage)		33.00%	50.00%
Lansing Trade Group LLC
Income Earned From Companys Equity Method Investments By Entity [Abstract]
Percentage of company ownership interest (percentage)	[1]	33.00%
Thompsons Limited
Income Earned From Companys Equity Method Investments By Entity [Abstract]
Percentage of company ownership interest (percentage)	[2]	50.00%
Other | Minimum
Income Earned From Companys Equity Method Investments By Entity [Abstract]
Percentage of company ownership interest (percentage)		5.00%
Other | Maximum
Income Earned From Companys Equity Method Investments By Entity [Abstract]
Percentage of company ownership interest (percentage)		50.00%
[1]	This does not consider restricted management units which once vested will reduce the ownership percentage by approximately 0.6%
[2]	Thompsons Limited and related U.S. operating company held by joint ventures

Related Party Transactions (D62

Related Party Transactions (Details 2) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Related Party Transaction [Line Items]
Revenues	$ 1,380,361	$ 1,340,809	$ 3,002,406	$ 3,029,680
Gross profit	58,812	52,204	97,728	77,782
Income from continuing operations	16,328	556	11,518	(17,568)
Net income	13,421	(2,051)	7,248	(20,164)
Net income attributable to companies	$ 13,714	$ (1,410)	$ 7,972	$ (19,122)

Related Party Transactions (D63

Related Party Transactions (Details 3) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Related party transactions entered into for the time periods presented
Sales revenues		$ 241,896	$ 176,865	$ 439,964	$ 371,702
Service fee revenues	[1]	9,410	9,490	14,036	14,126
Purchases of product		167,904	116,556	302,411	218,509
Lease income	[2]	1,422	1,994	2,709	3,861
Labor and benefits reimbursement	[3]	6,863	6,841	10,553	10,738
Other expenses	[4]	0	0	0	149
Accounts receivable	[5]	25,673	20,685	25,673	20,685	$ 26,254
Accounts payable	[6]	$ 25,590	$ 10,022	$ 25,590	$ 10,022	$ 23,961
[1]	Service fee revenues include management fees, corn origination fees, ethanol and distillers dried grains (DDG) marketing fees, and other commissions.
[2]	Lease income includes the lease of the Company’s Albion, Michigan and Clymers, Indiana grain facilities as well as certain railcars to the various ethanol LLCs and IANR.
[3]	The Company provides all operational labor to the unconsolidated ethanol LLCs and charges them an amount equal to the Company’s costs of the related services.
[4]	{F|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOjEyMWI5MzlhYmM0MjQ4OGNiZDlkMjRhNjE0YTFkYzc5fFRleHRTZWxlY3Rpb246RENBRkJGNkFGMTM2MEMzMjRDOTlDQzI2QUE4NzVCNjgM}
[5]	Accounts receivable represents amounts due from related parties for sales of corn, leasing revenue and service fees.
[6]	Accounts payable represents amounts due to related parties for purchases of ethanol and other various items.

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Segment Reporting Information [Line Items]
Revenues from external customers	$ 993,662	$ 1,064,244	$ 1,845,678	$ 1,952,123
Income (loss) before income taxes	(19,065)	23,109	(24,635)	201
Identifiable assets	1,911,425	2,107,415	1,911,425	2,107,415	$ 2,232,849
Operating Segments | Grain
Segment Reporting Information [Line Items]
Revenues from external customers	488,447	522,989	966,975	1,061,803
Income (loss) before income taxes	6,929	(13,037)	1,856	(30,442)
Identifiable assets	783,316	879,055	783,316	879,055	961,114
Operating Segments | Ethanol
Segment Reporting Information [Line Items]
Revenues from external customers	187,831	142,520	341,984	257,213
Income (loss) before income taxes	4,660	6,187	6,376	3,507
Identifiable assets	170,730	192,470	170,730	192,470	171,115
Operating Segments | Plant Nutrient
Segment Reporting Information [Line Items]
Revenues from external customers	264,736	320,036	411,323	487,027
Income (loss) before income taxes	(25,825)	23,535	(19,154)	25,239
Identifiable assets	351,871	448,225	351,871	448,225	484,455
Operating Segments | Rail
Segment Reporting Information [Line Items]
Revenues from external customers	38,149	40,342	78,539	79,951
Income (loss) before income taxes	5,860	6,569	11,938	15,944
Identifiable assets	448,417	388,456	448,417	388,456	398,446
Operating Segments | Retail
Segment Reporting Information [Line Items]
Revenues from external customers	14,499	38,357	46,857	66,129
Income (loss) before income taxes	(6,718)	1,010	(13,564)	(1,066)
Identifiable assets	11,830	43,878	11,830	43,878	31,257
Segment Reconciling Items
Segment Reporting Information [Line Items]
Revenues from external customers	486	643	1,014	2,720
Segment Reconciling Items | Grain
Segment Reporting Information [Line Items]
Revenues from external customers	141	174	207	1,625
Segment Reconciling Items | Plant Nutrient
Segment Reporting Information [Line Items]
Revenues from external customers	70	114	241	361
Segment Reconciling Items | Rail
Segment Reporting Information [Line Items]
Revenues from external customers	275	355	566	734
Other
Segment Reporting Information [Line Items]
Income (loss) before income taxes	(3,907)	(2,173)	(12,077)	(13,073)
Identifiable assets	145,261	155,331	145,261	155,331	$ 186,462
Noncontrolling interests
Segment Reporting Information [Line Items]
Income (loss) before income taxes	$ (64)	$ 1,018	$ (10)	$ 92

Segment Information (Details Te

Segment Information (Details Textual)	6 Months Ended
	Jun. 30, 2017segment
Segment Reporting Information [Line Items]
Number of reportable segments (business segments)	5
Number of consolidated segments	1
Number of segments accounted for as equity method investments	3
Customer Concentration Risk | Sales Revenue, Net
Segment Reporting Information [Line Items]
Concentration risk, percentage	10.00%

Commitments and Contingencies (

Commitments and Contingencies (Details) - Build-to-Suit Lease - USD ($) $ in Millions	1 Months Ended
	Aug. 31, 2015	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Operating Leased Assets [Line Items]
Term of leasing contract	15 years
Other long term liabilities
Operating Leased Assets [Line Items]
Financing obligation		$ 23.9	$ 14	$ 13
Other current liabilities
Operating Leased Assets [Line Items]
Financing obligation		$ 0.8	$ 0.9	$ 1.5

Supplemental Cash Flow Inform67

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Supplemental Cash Flow Information [Abstract]
Interest paid	$ 12,430	$ 9,567
Taxes paid	0	0
Noncash investing and financing activity
Capital projects incurred but not yet paid	3,695	9,653
Investment merger (decreasing equity method investments and non-controlling interest)	8,360	0
Outstanding receivable for sale of assets	4,356	0
Dividends declared not yet paid	$ 4,501	$ 4,341

Sale of Assets (Details)

Sale of Assets (Details) $ in Thousands	Mar. 31, 2017USD ($)location	May 02, 2016USD ($)location	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Business Acquisition [Line Items]
Proceeds from sale of assets			$ 13,788	$ 54,330
Farm Center [Member] | Florida
Business Acquisition [Line Items]
Number of locations sold | location	4
Proceeds from sale of assets	$ 17,400
Gain on sale of assets	4,700
Working capital adjustment receivable	$ 3,600
Grain and Agronomy | Iowa
Business Acquisition [Line Items]
Number of locations sold | location		8
Proceeds from sale of assets		$ 54,300

Exit Costs and Assets Held fo69

Exit Costs and Assets Held for Sale (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Restructuring Cost and Reserve [Line Items]
Property, plant and equipment part of disposal group, held for sale	$ 10,028	$ 10,028	$ 0	$ 0
Retail | Retail Segment
Restructuring Cost and Reserve [Line Items]
Exit charges	3,500	11,300
Retail | Retail Segment | Disposal Group, Held-for-sale, Not Discontinued Operations
Restructuring Cost and Reserve [Line Items]
Property, plant and equipment part of disposal group, held for sale	$ 10,000	$ 10,000

Goodwill and Other Intangible70

Goodwill and Other Intangible Assets Goodwoll and Other Intangible Assets (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Goodwill [Line Items]
Reporting unit, percentage of fair value in excess of carrying amount					8.00%
Impairment of definite-lived intangibles and other long-lived assets			$ 0
Goodwill impairment	$ 42,000,000	$ 0	42,000,000	$ 0
Goodwill (Note 17)	$ 23,105,000	$ 63,934,000	23,105,000	$ 63,934,000	$ 63,934,000
Plant Nutrient
Goodwill [Line Items]
Long-term earnings growth rate	2.00%
Weighted average cost of capital	10.10%
Goodwill impairment	$ 42,000,000		42,000,000
Goodwill (Note 17)	$ 17,767,000		$ 17,767,000		$ 59,767,000

Goodwill and Other Intangible71

Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Goodwill [Line Items]
Reporting unit, percentage of fair value in excess of carrying amount					8.00%
Impairment of Intangible Assets (Excluding Goodwill)			$ 0
Goodwill [Roll Forward]
Balance as of January 1, 2017			63,934,000
Acquisitions			1,171,000
Impairments	$ (42,000,000)	$ 0	(42,000,000)	$ 0
Balance as of June 30, 2017	23,105,000	$ 63,934,000	23,105,000	$ 63,934,000
Grain
Goodwill [Roll Forward]
Balance as of January 1, 2017			0
Acquisitions			1,171,000
Impairments			0
Balance as of June 30, 2017	1,171,000		1,171,000
Plant Nutrient
Goodwill [Roll Forward]
Balance as of January 1, 2017			59,767,000
Acquisitions			0
Impairments	(42,000,000)		(42,000,000)
Balance as of June 30, 2017	17,767,000		17,767,000
Rail
Goodwill [Roll Forward]
Balance as of January 1, 2017			4,167,000
Acquisitions			0
Impairments			0
Balance as of June 30, 2017	$ 4,167,000		$ 4,167,000