The Andersons, Inc. (ANDE) 10-Q 8 Aug 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares shares in Millions	6 Months Ended
	Jun. 30, 2018	Jul. 27, 2018
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, 2018
Amendment Flag	false
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		28.3

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Current assets:
Cash and cash equivalents		$ 58,611	$ 34,919	$ 18,934
Restricted cash		0	0	1,033
Accounts receivable, net		218,476	183,238	186,331
Inventories		495,611	648,703	463,205
Commodity derivative assets – current		54,259	30,702	11,619
Other current assets		42,648	63,790	59,873
Assets held for sale		9,816	37,859	10,028
Total current assets		879,421	999,211	751,023
Other assets:
Commodity derivative assets – noncurrent		1,008	310	1,191
Goodwill		6,024	6,024	23,105
Other intangible assets, net		105,289	112,893	113,492
Other assets, net		26,888	12,557	8,686
Equity method investments		232,159	223,239	215,794
Investments and Other Noncurrent Assets		371,368	355,023	362,268
Rail Group assets leased to others, net		458,424	423,443	375,092
Property, plant and equipment, net		408,575	384,677	423,042
Total assets		2,117,788	2,162,354	1,911,425
Current liabilities:
Short-term debt		185,000	22,000	124,000
Trade and other payables		282,221	503,571	267,194
Customer prepayments and deferred revenue		16,103	59,710	15,113
Commodity derivative liabilities – current		85,160	29,651	18,104
Accrued expenses and other current liabilities		74,512	69,579	69,256
Current maturities of long-term debt		13,700	54,205	62,482
Total current liabilities		656,696	738,716	556,149
Other long-term liabilities		30,325	33,129	34,441
Commodity derivative liabilities – noncurrent		3,202	825	334
Employee benefit plan obligations		26,131	26,716	36,837
Long-term debt, less current maturities		435,580	418,339	354,066
Deferred income taxes		118,864	121,730	181,806
Total liabilities		1,270,798	1,339,455	1,163,633
Commitments and contingencies
Shareholders’ equity:
Common shares, without par value (63,000 shares authorized; 29,430 shares issued at 6/30/2018, 12/31/17 and 6/30/2017)		96	96	96
Preferred shares, without par value (1,000 shares authorized; none issued)		0	0	0
Additional paid-in-capital		223,259	224,622	222,261
Treasury shares, at cost (943, 1,063 and 1,080 shares at 6/30/2018, 12/31/17 and 6/30/2017, respectively)		(35,561)	(40,312)	(40,945)
Accumulated other comprehensive loss	[1]	(5,347)	(2,700)	(11,993)
Retained earnings		635,438	633,496	570,406
Total shareholders’ equity of The Andersons, Inc.		817,885	815,202	739,825
Noncontrolling interests		29,105	7,697	7,967
Total equity		846,990	822,899	747,792
Total liabilities and equity		$ 2,117,788	$ 2,162,354	$ 1,911,425
[1]	All amounts are net of tax. Amounts in parentheses indicate debits

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) (Unaudited) - $ / shares	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
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)	$ 0	$ 0	$ 0
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)	943,000	1,063,000	1,080,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Statement [Abstract]
Sales and merchandising revenues	$ 911,402	$ 993,662	$ 1,547,141	$ 1,845,678
Cost of sales and merchandising revenues	820,928	905,828	1,392,962	1,681,386
Gross profit	90,474	87,834	154,179	164,292
Operating, administrative and general expenses	59,853	69,544	124,110	151,089
Asset impairment	6,272	0	6,272	0
Goodwill impairment	0	42,000	0	42,000
Interest expense	7,825	5,988	14,824	12,088
Other income:
Equity in earnings (loss) of affiliates, net	9,803	6,385	13,376	4,507
Other income, net	2,828	4,248	4,514	11,743
Income (loss) before income taxes	29,155	(19,065)	26,863	(24,635)
Income tax provision (benefit)	7,742	7,652	7,432	5,117
Net income (loss)	21,413	(26,717)	19,431	(29,752)
Net income (loss) attributable to the noncontrolling interests	(116)	(64)	(398)	(10)
Net income (loss) attributable to The Andersons, Inc.	$ 21,529	$ (26,653)	$ 19,829	$ (29,742)
Per common share:
Basic earnings attributable to The Andersons, Inc. common shareholders (dollars per share)	$ 0.76	$ (0.94)	$ 0.70	$ (1.05)
Diluted earnings attributable to The Andersons, Inc. common shareholders (dollars per share)	0.76	(0.94)	0.70	(1.05)
Dividends declared (dollars per share)	$ 0.165	$ 0.16	$ 0.33	$ 0.320

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Statement of Comprehensive Income [Abstract]
Net income (loss)		$ 21,413	$ (26,717)	$ 19,431	$ (29,752)
Other comprehensive income (loss), net of tax:
Change in fair value of convertible preferred securities (net of income tax of $0, $0, $(87) and $0)		0	0	(87)	0
Change in unrecognized actuarial loss and prior service cost (net of income tax of $(86), $(628), $(101) and $(635))		(287)	(988)	(338)	(998)
Cash flow hedge activity (net of income tax of $17, $0, $17 and $0)		51	0	51	0
Foreign currency translation adjustments (net of income tax of $0, $0, $0 and $0)		(1,123)	959	(2,273)	1,473
Other comprehensive income (loss)	[1]	(1,359)	(29)	(2,647)	475
Comprehensive income (loss)		20,054	(26,746)	16,784	(29,277)
Comprehensive income (loss) attributable to the noncontrolling interests		(116)	(64)	(398)	(10)
Comprehensive income (loss) attributable to The Andersons, Inc.		$ 20,170	$ (26,682)	$ 17,182	$ (29,267)
[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, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Statement of Comprehensive Income [Abstract]
Change in fair value of convertible preferred securities, tax	$ 0	$ 0	$ (87)	$ 0
Change in unrecognized actuarial loss and prior service cost, tax	(86)	(628)	(101)	(635)
Foreign currency translation adjustments, tax	0	0	0	0
Cash flow hedge activity, tax	$ (17)	$ 0	$ (17)	$ 0

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Operating activities
Net income (loss)	$ 19,431	$ (29,752)
Adjustments to reconcile net income (loss) to cash used in operating activities:
Depreciation and amortization	45,232	42,878
Bad debt expense (recovery)	(837)	839
Equity in (earnings) losses of affiliates, net of dividends	(11,192)	(3,793)
Gains on sale of Rail Group assets and related leases	(3,989)	(4,984)
(Gain) loss on sale of assets	(342)	(5,888)
Stock-based compensation expense	3,006	2,935
Goodwill impairment	0	42,000
Asset impairment	6,272	0
Other	(138)	(1,780)
Changes in operating assets and liabilities:
Accounts receivable	(33,859)	13,086
Inventories	151,095	213,064
Commodity derivatives	34,850	27,670
Other assets	17,552	10,629
Payables and other accrued expenses	(271,010)	(352,133)
Net cash provided by (used in) operating activities	(43,929)	(45,229)
Investing Activities
Acquisition of business, net of cash acquired	0	(3,507)
Purchases of Rail Group assets	(68,087)	(66,506)
Proceeds from sale of Rail Group assets	40,967	9,390
Purchases of property, plant and equipment and capitalized software	(54,300)	(15,976)
Proceeds from sale of assets	34,981	14,434
Purchase of investments	0	(2,429)
Other	0	437
Net cash provided by (used in) investing activities	(46,439)	(64,157)
Financing Activities
Net change in short-term borrowings	163,000	93,941
Proceeds from issuance of long-term debt	50,000	15,175
Proceeds from long-term financing arrangement	0	10,396
Payments of long-term debt	(110,150)	(42,849)
Proceeds from noncontrolling interest owner	21,806	0
Proceeds from sale of treasury shares to employees and directors	0	0
Payments of debt issuance costs	(787)	(2,024)
Dividends paid	(9,312)	(8,984)
Other	(497)	35
Net cash provided by (used in) financing activities	114,060	65,690
Decrease in cash and cash equivalents	23,692	(43,696)
Cash and cash equivalents at beginning of period	34,919	62,630
Cash and cash equivalents at end of period	$ 58,611	$ 18,934

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, 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 ($0) (105 shares) and ($323) (126 shares)	3,732			(654)	4,386
Dividends declared ($0.16 and $0.165 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
Beginning Balance at Dec. 31, 2017	822,899		96	224,622	(40,312)	(2,700)	633,496	7,697
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	19,431						19,829	(398)
Other comprehensive income (loss)	(2,647)	[1]				(2,647)
Cash received from noncontrolling interest	21,806							21,806
Stock awards, stock option exercises and other shares issued to employees and directors, net of income tax of ($0) (105 shares) and ($323) (126 shares)	3,268			(1,363)	4,631
Adoption of accounting standard, net of income tax of $2,869	(8,441)						(8,441)
Dividends declared ($0.16 and $0.165 per common share)	(9,326)						(9,326)
Restricted share award dividend equivalents	0				120		(120)
Ending Balance at Jun. 30, 2018	$ 846,990		$ 96	$ 223,259	$ (35,561)	$ (5,347)	$ 635,438	$ 29,105
[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, 2018	Jun. 30, 2017
Dividends declared, per common share	$ 0.33	$ 0.320
Adoption of new accounting standard, tax	$ 2,869
Additional Paid-in Capital
Income tax on stock option exercise and other shares issued to employees and directors	$ 0	$ (323)
Stock option exercises and other shares issued to employees and directors, shares	120	122
Retained Earnings
Dividends declared, per common share	$ 0.33	$ 0.32

Basis of Presentation and Conso

Basis of Presentation and Consolidation	6 Months Ended
	Jun. 30, 2018
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, 2018 . An unaudited Condensed Consolidated Balance Sheet as of June 30, 2017 has been included as the Company operates in several seasonal industries. The Condensed Consolidated Balance Sheet data at December 31, 2017 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, 2017 (the “2017 Form 10-K”). New Accounting Standards Derivatives and Hedging In August 2017, the FASB issued ASU 2017-12 Targeted Improvements to Accounting for Hedging Activities. This standard simplifies the recognition and presentation of changes in the fair value of hedging instruments and, among other things, eliminates the requirement to separately measure and record hedge ineffectiveness. The ASU is effective for annual periods beginning December 15, 2018, with early adoption permitted. The Company adopted ASU 2017-12 during the second quarter of 2018 noting the effects of this standard on our condensed consolidated financial statements were not material. There was no transition impact. Revenue Recognition In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (ASC 606). 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 standard 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. The Company adopted the standard in the current period using the modified retrospective method. As a result of the adoption we recognized a cumulative catch-up transition adjustment in beginning retained earnings at January 1, 2018 for non-recourse financing transactions that were open as of December 31, 2017. This resulted in a $25.6 million increase in Rail Group net assets, $34.0 million increase in financing liabilities and deferred tax liabilities and $8.4 million decrease to retained earnings. See Note 7 for further detail. Leasing In February 2016, the FASB issued ASU No. 2016-02, Leases (ASC 842). ASC 842 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. ASC 842 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. The new standard is effective for the Company beginning January 1, 2019 and must be adopted using either the modified retrospective approach, which requires application of the new guidance at the beginning of the earliest comparative period presented or the optional alternative approach, which requires application of the new guidance at the beginning of the standard’s effective date. The Company expects this standard to have the effect of bringing certain off balance-sheet rail assets 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. We are currently evaluating the impact these changes will have on the Consolidated Financial Statements. Other applicable standards In February 2018, the FASB issued ASU 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, which allows companies to reclassify stranded income tax effects resulting from the Tax Cuts and Jobs Act from accumulated other comprehensive income to retained earnings in their consolidated financial statements. This guidance is effective for fiscal years beginning after December 15, 2018. We have evaluated the impact of this new standard on our consolidated financial statements and do not expect the impact to be material. Early adoption is permitted, but the Company has not chosen to do so at this time. In May 2017, the FASB issued ASU 2017-09 Compensation-Stock Compensation (Topic 718): Scope of Modification Accounting. Under this standard, 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 FASB then issued ASU 2018-07 which expands the scope of Topic 718 to include share-based payment transactions for acquiring goods and services from nonemployees. The Company has adopted these standards during the year, noting no impact as the Company has not made any modifications to our stock compensation awards. In March 2017, the FASB issued ASU 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 Company has adopted this standard in the first quarter using the retrospective approach and prior periods have been recast to reflect this change, noting the amounts are immaterial. In August 2016, the FASB issued ASU 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 Company has adopted this standard in the first quarter noting the impact is immaterial. In June 2016, the FASB issued ASU 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, but the Company does not plan to do so. In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities. The FASB issued subsequent amendments to the initial guidance in February 2018 and March 2018 within ASU 2018-03 and ASU 2018-04, respectively. This standard provides guidance for the recognition, measurement, presentation, and disclosure of financial instruments. The Company has adopted this standard in the first quarter noting the impact is immaterial.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2018
Inventory, Net [Abstract]
Inventories	Inventories Major classes of inventories are as follows: (in thousands) June 30, December 31, June 30, Grain $ 385,118 $ 505,217 $ 373,863 Ethanol and co-products 22,828 11,003 14,041 Plant nutrients and cob products 82,230 126,962 69,365 Retail merchandise — — 906 Railcar repair parts 5,435 5,521 5,030 $ 495,611 $ 648,703 $ 463,205 Inventories on the Condensed Consolidated Balance Sheets at June 30, 2018 , December 31, 2017 and June 30, 2017 do not include 0.1 million , 1.0 million and 0.8 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, 2018
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 $ 29,579 $ 22,388 $ 23,566 Land improvements and leasehold improvements 68,384 69,127 71,236 Buildings and storage facilities 280,226 284,820 298,077 Machinery and equipment 377,202 373,127 382,321 Construction in progress 37,456 7,502 7,372 792,847 756,964 782,572 Less: accumulated depreciation 384,272 372,287 359,530 $ 408,575 $ 384,677 $ 423,042 Depreciation expense on property, plant and equipment was $23.2 million and $24.1 million for the six months ended June 30, 2018 and 2017 , respectively. Additionally, depreciation expense on property, plant and equipment was $11.5 million and $12.0 million for the three months ended June 30, 2018 and 2017 , respectively. In June 2018, the Company recorded charges totaling $1.6 million for impairment of property, plant and equipment in the Grain segment related to assets that have been reclassified as assets held for sale at June 30, 2018. In December 2017, the Company recorded charges totaling $10.9 million for impairment of property, plant and equipment in the Grain segment, of which $5.6 million relates to assets that are deemed held and used and $5.3 million related to assets that have been reclassified as assets held for sale at December 31, 2017. 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 the fair value of the impaired assets as Level 3 inputs in the fair value hierarchy. 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 $ 564,555 $ 531,391 $ 482,524 Less: accumulated depreciation 106,131 107,948 107,432 $ 458,424 $ 423,443 $ 375,092 Depreciation expense on Rail Group assets leased to others amounted to $12.2 million and $9.7 million for the six months ended June 30, 2018 and 2017 , respectively. Additionally, depreciation expense on Rail Group assets leased to others amounted to $6.0 million and $5.0 million for the three months ended June 30, 2018 and 2017, respectively. In June 2018, the Company recorded charges totaling $4.7 million related to Rail Group assets leased to others that have been reclassified as assets held for sale at June 30, 2018. The Company classified the significant assumptions used to determine the fair value of the impaired assets as Level 3 inputs in the fair value hierarchy. Sale of Assets On April 2, 2018, the Company closed on an agreement to sell its grain elevators in Humboldt, Kenton and Dyer, Tennessee for $19.5 million , plus working capital, recording a nominal gain. 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 .

Debt

Debt	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Debt	Debt The Company has a line of credit agreement with a syndicate of banks. The agreement provides for a credit facility of $ 800 million . Total borrowing capacity for the Company under all lines of credit is currently at $ 950.0 million , including subsidiary debt that is non-recourse to the Company of $ 15.0 million for The Andersons Denison Ethanol LLC ("TADE"), $70.0 million for ELEMENT LLC and $65.0 million for The Andersons Railcar Leasing Company LLC. At June 30, 2018 , the Company had a total of $ 642.1 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, 2018 . The Company’s short-term and long-term debt at June 30, 2018 , December 31, 2017 and June 30, 2017 consisted of the following: (in thousands) June 30, December 31, June 30, Short-term Debt – Non-Recourse $ — $ — $ — Short-term Debt – Recourse 185,000 22,000 124,000 Total Short-term Debt $ 185,000 $ 22,000 $ 124,000 Current Maturities of Long-term Debt – Non-Recourse $ 2,922 $ — $ — Current Maturities of Long-term Debt – Recourse 10,778 54,205 62,482 Total Current Maturities of Long-term Debt $ 13,700 $ 54,205 $ 62,482 Long-term Debt, Less: Current Maturities – Non-Recourse $ 72,290 $ — $ — Long-term Debt, Less: Current Maturities – Recourse 363,290 418,339 354,066 Total Long-term Debt, Less: Current Maturities $ 435,580 $ 418,339 $ 354,066

Derivatives

Derivatives	6 Months Ended
	Jun. 30, 2018
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 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 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 future, 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 future, 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, 2018 , December 31, 2017 and June 30, 2017 , 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, 2018 December 31, 2017 June 30, 2017 (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) $ (52,888 ) $ — $ 1,351 $ — $ 15,452 $ — Fair value of derivatives 68,244 — 17,252 — (12,835 ) — Balance at end of period $ 15,356 $ — $ 18,603 $ — $ 2,617 $ — The following table presents, on a gross basis, current and noncurrent commodity derivative assets and liabilities: June 30, 2018 (in thousands) Commodity Derivative Assets - Current Commodity Derivative Assets - Noncurrent Commodity Derivative Liabilities - Current Commodity Derivative Liabilities - Noncurrent Total Commodity derivative assets $ 123,917 $ 1,022 $ 626 $ 36 $ 125,601 Commodity derivative liabilities (16,770 ) (14 ) (85,786 ) (3,238 ) (105,808 ) Cash collateral (52,888 ) — — — (52,888 ) Balance sheet line item totals $ 54,259 $ 1,008 $ (85,160 ) $ (3,202 ) $ (33,095 ) December 31, 2017 (in thousands) Commodity Derivative Assets - Current Commodity Derivative Assets - Noncurrent Commodity Derivative Liabilities - Current Commodity Derivative Liabilities - Noncurrent Total Commodity derivative assets $ 36,929 $ 311 $ 489 $ 1 $ 37,730 Commodity derivative liabilities (7,578 ) (1 ) (30,140 ) (826 ) (38,545 ) Cash collateral 1,351 — — — 1,351 Balance sheet line item totals $ 30,702 $ 310 $ (29,651 ) $ (825 ) $ 536 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 ) The net pre-tax gains and losses on commodity derivatives not designated as hedging instruments included in the Company’s Condensed Consolidated Statements of Operations and the line items in which they are located for the three and six months ended June 30, 2018 and 2017 are as follows: Three months ended June 30, Six months ended June 30, (in thousands) 2018 2017 2018 2017 Gains (losses) on commodity derivatives included in cost of sales and merchandising revenues $ 45,844 $ (41,873 ) $ 20,608 $ (14,848 ) The Company had the following volume of commodity derivative contracts outstanding (on a gross basis) at June 30, 2018 , December 31, 2017 and June 30, 2017 : June 30, 2018 Commodity (in thousands) Number of Bushels Number of Gallons Number of Pounds Number of Tons Non-exchange traded: Corn 272,979 — — — Soybeans 49,208 — — — Wheat 11,163 — — — Oats 36,612 — — — Ethanol — 332,761 — Corn oil — — 6,158 — Other 82 1,500 — 77 Subtotal 370,044 334,261 6,158 77 Exchange traded: Corn 133,730 — — — Soybeans 45,775 — — — Wheat 48,105 — — — Oats 1,190 — — — Ethanol — 140,364 — — Subtotal 228,800 140,364 — — Total 598,844 474,625 6,158 77 December 31, 2017 Commodity (in thousands) Number of Bushels Number of Gallons Number of Pounds Number of Tons Non-exchange traded: Corn 218,391 — Soybeans 18,127 — — — Wheat 14,577 — — — Oats 25,953 — — — Ethanol — 197,607 — — Corn oil — — 6,074 — Other 47 — — 97 Subtotal 277,095 197,607 6,074 97 Exchange traded: Corn 82,835 — — — Soybeans 37,170 — — — Wheat 65,640 — — — Oats 1,345 — — — Ethanol — 39,438 — — Other — 840 — — Subtotal 186,990 40,278 — — Total 464,085 237,885 6,074 97 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 Interest Rate and Other Derivatives The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish these objectives, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. At June 30, 2018 , December 31, 2017 and June 30, 2017 , the Company had recorded the following amounts for the fair value of the Company's other derivatives: June 30, 2018 December 31, 2017 June 30, 2017 (in thousands) Derivatives not designated as hedging instruments Interest rate contracts included in Other long-term liabilities $ (37 ) $ (1,244 ) $ (2,158 ) Foreign currency contracts included in Other current assets (Accrued expenses and other current liabilities) (1,109 ) 426 654 Derivatives designated as hedging instruments Interest rate contract included in Accrued expenses and other current liabilities (88 ) — — Interest rate contract included in Other assets 155 — — The recording of derivatives gains and losses and the financial statement line in which they are located are as follows: Three months ended June 30, Six months ended June 30, (in thousands) 2018 2017 2018 2017 Derivatives not designated as hedging instruments Interest rate derivative gains (losses) included in Interest income (expense) $ 351 $ (17 ) $ 1,141 $ 372 Foreign currency derivative gains (losses) included in Other income, net (413 ) 669 (1,535 ) 767 Derivatives designated as hedging instruments Interest rate derivative gains (losses) included in OCI 67 — 67 — As of June 30, 2018 the Company had one outstanding interest rate derivative, with a notional amount of $40 million and a maturity date of March 2021, that was designated as a cash flow hedge of interest rate risk. The gain or loss on the derivative is recorded in Accumulated Other Comprehensive Income and subsequently reclassified into interest expense in the same periods during which the hedged transaction affects earnings. Amounts reported in accumulated other comprehensive income related to derivatives will be reclassified to interest expense as interest payments are made on the Company’s variable-rate debt.

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Jun. 30, 2018
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, 2018 and 2017 : Pension Benefits (in thousands) Three months ended June 30, Six months ended June 30, 2018 2017 2018 2017 Interest cost $ 32 $ 39 $ 65 $ 78 Recognized net actuarial loss 61 63 122 126 Benefit cost $ 93 $ 102 $ 187 $ 204 Postretirement Benefits (in thousands) Three months ended June 30, Six months ended June 30, 2018 2017 2018 2017 Service cost $ 75 $ 106 $ 162 $ 229 Interest cost 190 282 377 582 Amortization of prior service cost (228 ) — (456 ) — Benefit cost $ 37 $ 388 $ 83 $ 811

Revenue

Revenue	6 Months Ended
	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
Revenue	Revenue Many of the Company’s revenues are generated from contracts that are outside the scope of ASC 606 and thus are accounted for under other accounting standards. Specifically, many of the Company's Grain and Ethanol sales contracts are derivatives under ASC 815, Derivatives and Hedging and the Rail Group's leasing revenue is accounted for under ASC 840, Leases . The breakdown of revenues between ASC 606 and other standards is as follows: (in thousands) Three months ended June 30, 2018 Six months ended June 30, 2018 Revenues under ASC 606 $ 356,883 $ 550,533 Revenues under ASC 840 26,228 52,257 Revenues under ASC 815 528,291 944,351 Total Revenues $ 911,402 $ 1,547,141 The remainder of this note applies only to those revenues that are accounted for under ASC 606. Disaggregation of revenue The following tables disaggregate revenues under ASC 606 by major product/service line: Three months ended June 30, 2018 (in thousands) Grain Ethanol Plant Nutrient Rail Total Specialty nutrients $ — $ — $ 94,281 $ — $ 94,281 Primary nutrients — — 200,288 — 200,288 Service 3,381 2,760 2,412 9,308 17,861 Co-products — 32,462 — — 32,462 Other 292 — 6,124 5,575 11,991 Total $ 3,673 $ 35,222 $ 303,105 $ 14,883 $ 356,883 Approximately 5% of revenues accounted for under ASC 606 are recorded over time which primarily relates to service revenues noted above. Six months ended June 30, 2018 (in thousands) Grain Ethanol Plant Nutrient Rail Total Specialty nutrients $ — $ — $ 169,359 $ — $ 169,359 Primary nutrients — — 253,507 — 253,507 Service 7,799 5,305 2,621 17,425 33,150 Co-products — 59,108 — — 59,108 Other 502 — 13,235 21,672 35,409 Total $ 8,301 $ 64,413 $ 438,722 $ 39,097 $ 550,533 Approximately 6% of revenues accounted for under ASC 606 are recorded over time which primarily relates to service revenues noted above. Specialty and primary nutrients The Company sells several different types of specialty nutrient products, including: low-salt liquid starter fertilizers, micro-nutrients and other specialty lawn products. These products can be sold through the wholesale distribution channels as well as directly to end users at the farm center locations. Similarly, the Company sells several different types of primary nutrient products, including: nitrogen, phosphorus and potassium. These products may be purchased and re-sold as is or sold as finished goods resulting from a blending and manufacturing process. The contracts associated with specialty and primary nutrients generally have just a single performance obligation, as the Company has elected the accounting policy to consider shipping and handling costs as fulfillment costs. Revenue is recognized when control of the product has passed to the customer. Payment terms generally range from 0 - 30 days. Service Service revenues primarily relate to the railcar repair business. The Company owns several railcar repair shops which repair railcars through specific contracts with customers or by operating as an agent for a particular railroad to repair cars that are on its rail line per Association of American Railroads (“AAR”) standards. These contracts contain a single performance obligation which is to complete the requested and/or required repairs on the railcars. As the customer simultaneously receives and consumes the benefit of the repair work we perform, revenue for these contracts is recognized over time. The Company uses an input-based measure of progress using costs incurred to total expected costs as that is the measure that most faithfully depicts our progress towards satisfying our performance obligation. Upon completion of the work, the invoice is sent to the customer, with payment terms that generally range from 0 - 30 days. Co-products In addition to the ethanol sales contracts that are considered derivative instruments, the Ethanol Group sells several other co-products that remain subject to ASC 606, including E-85, DDGs, syrups and renewable identification numbers (“RINs”). RINs are credits for compliance with the Environmental Protection Agency's Renewable Fuel Standard program and are created by renewable fuel producers. Contracts for these co-products generally have a single performance obligation, as the Company has elected the accounting policy to consider shipping and handling costs as fulfillment costs. Revenue is recognized when control of the product has passed to the customer which follows shipping terms on the contract. Payment terms generally range from 5 - 15 days. Contract balances The opening and closing balances of the Company’s contract liabilities are as follows: (in thousands) Contract liabilities Balance at January 1, 2018 $ 25,520 Balance at March 31, 2018 67,715 Balance at June 30, 2018 10,047 The difference between the opening and closing balances of the Company’s contract liabilities primarily results from the timing difference between the Company’s performance and the customer’s payment. Contract liabilities relate to the Plant Nutrient business for payments received in advance of fulfilling our performance obligations under our customer contracts. Due to seasonality of this business, contract liabilities were built up in the first quarter. In the second quarter, the change in liabilities is due to revenue recognized in the current period relating to the liability. Impact of New Revenue Guidance on Financial Statement Line Items The following table compares the reported condensed consolidated balance sheet, as of June 30, 2018 , to the pro forma amounts had the previous guidance been in effect: Balance Sheet June 30, 2018 (in thousands) As Reported ASC 606 Impact Pro forma as if the previous accounting guidance was in effect Cash and cash equivalents and restricted cash $ 58,611 $ — $ 58,611 Accounts receivable, net 218,476 — 218,476 Inventories 495,611 158 495,769 Commodity derivative assets - current 54,259 — 54,259 Other current assets 52,464 (202 ) 52,262 Other noncurrent assets 371,368 — 371,368 Rail Group assets leased to others, net 458,424 (24,131 ) 434,293 Property, plant and equipment, net 408,575 — 408,575 Total assets 2,117,788 (24,175 ) 2,093,613 Short-term debt and current maturities of long-term debt 198,700 (2,922 ) 195,778 Trade and other payables and accrued expenses and other current liabilities 356,733 — 356,733 Commodity derivative liabilities - current 85,160 — 85,160 Customer prepayments and deferred revenue 16,103 — 16,103 Commodity derivative liabilities - noncurrent and Other long-term liabilities 33,527 — 33,527 Employee benefit plan obligations 26,131 — 26,131 Long-term debt, less current maturities 435,580 (32,597 ) 402,983 Deferred income taxes 118,864 2,869 121,733 Total liabilities 1,270,798 (32,650 ) 1,238,148 Retained earnings 635,438 8,475 643,913 Common shares, additional paid-in-capital, treasury shares, accumulated other comprehensive loss and noncontrolling interests 211,552 — 211,552 Total equity 846,990 8,475 855,465 Total liabilities and equity 2,117,788 (24,175 ) 2,093,613 Total reported assets were $24.2 million greater than on the pro forma balance sheet, which assumes the previous guidance remained in effect as of June 30, 2018 . This was largely due to the Rail Group assets that were recorded on the balance sheet on January 1, 2018 as part of the cumulative catch-up adjustment upon the adoption of ASC 606. Total reported liabilities were $32.7 million greater than on the pro forma balance sheet, which assumes the previous guidance remained in effect as of June 30, 2018 . This was largely due to the financing obligation and deferred taxes related to the Rail Group assets that were recorded on the balance sheet on January 1, 2018 as part of the cumulative catch-up adjustment upon the adoption of ASC 606. The following table compares the reported condensed statement of operations for the three and six months ended June 30, 2018 , to the pro forma amounts had the previous guidance been in effect: Statement of Operations Three months ended June 30, 2018 (in thousands) As Reported ASC 606 Impact Pro forma as if the previous accounting guidance was in effect Sales and merchandising revenues $ 911,402 $ 185,276 $ 1,096,678 Cost of sales and merchandising revenues 820,928 185,765 1,006,693 Gross profit 90,474 (489 ) 89,985 Operating, administrative and general expenses 59,853 — 59,853 Asset impairment 6,272 — 6,272 Interest expense 7,825 (395 ) 7,430 Other income: Equity in earnings of affiliates, net 9,803 — 9,803 Other income, net 2,828 — 2,828 Income (loss) before income taxes 29,155 (94 ) 29,061 Income tax provision 7,742 (16 ) 7,726 Net income (loss) 21,413 (78 ) 21,335 Net income attributable to the noncontrolling interests (116 ) — (116 ) Net income (loss) attributable to The Andersons, Inc. $ 21,529 $ (78 ) $ 21,451 Statement of Operations Six months ended June 30, 2018 (in thousands) As Reported ASC 606 Impact Pro forma as if the previous accounting guidance was in effect Sales and merchandising revenues $ 1,547,141 $ 349,465 $ 1,896,606 Cost of sales and merchandising revenues 1,392,962 350,415 1,743,377 Gross profit 154,179 (950 ) 153,229 Operating, administrative and general expenses 124,110 — 124,110 Asset impairment 6,272 — 6,272 Interest expense 14,824 (798 ) 14,026 Other income: Equity in earnings of affiliates, net 13,376 — 13,376 Other income, net 4,514 — 4,514 Income (loss) before income taxes 26,863 (152 ) 26,711 Income tax provision 7,432 (38 ) 7,394 Net income (loss) 19,431 (114 ) 19,317 Net income attributable to the noncontrolling interests (398 ) — (398 ) Net income (loss) attributable to The Andersons, Inc. $ 19,829 $ (114 ) $ 19,715 The following summarizes the significant changes on the Company’s condensed consolidated statement of operations for the three and six months ended June 30, 2018 due to the adoption of ASC 606 on January 1, 2018 compared to the results that would have been reported if the Company had continued to recognize revenues under ASC 605: • While grain origination agreements, and their related sales contracts, will be accounted for under ASC 815, we are still required to evaluate the principal versus agent guidance in ASC 606 to determine whether realized gains or losses should be presented on a gross or net basis in the consolidated statements of operations upon physical settlement. The Company has determined that it is the agent in certain origination arrangements within our Grain Group and therefore realized gains or losses will be presented under ASC 606. Since these transactions now being recorded on a net basis, revenues and related cost of sales would have been $183.1 million and $ 345.0 million higher under the previous guidance for the three and six months ended June 30, 2018 , respectively. • ASC 606 requires certain Rail Group assets and related financing obligations to be recorded on the balance sheet as these transactions no longer qualify as sales as a result of the existence of repurchase options within the sales contracts. The result of this change primarily impacts geography within the income statement, as lease expense to the financial institution is replaced with a combination of depreciation and interest expense. The net impact of accounting for revenue under the new guidance had an immaterial impact on net income (loss) and no impact on the Company's earnings per common share for the three and six months ended June 30, 2018 . The adoption of ASC 606 had an immaterial on the Company’s cash flows from operations. The aforementioned impacts resulted in offsetting shifts in cash flows throughout net income and various changes in working capital balances. Transaction Price Allocated to Future Performance Obligations ASC 606 requires that the Company disclose the aggregate amount of transaction price that is allocated to performance obligations that have not yet been satisfied at period end. The guidance provides certain practical expedients that limit this requirement. The Company has various contracts that meet the following practical expedients provided by ASC 606: • The performance obligation is part of a contract that has an original expected duration of one year or less. • The variable consideration is allocated entirely to a wholly unsatisfied performance obligation or to a wholly unsatisfied promise to transfer a distinct good or service that forms part of a single performance obligation in accordance with ASC 606-10-25-14(b), for which the criteria in ASC 606-10-32-40 have been met. Contract costs The company has elected to apply the practical expedient and accordingly recognizes the incremental costs of obtaining contracts as an expense when incurred if the amortization period of the assets that the Company otherwise would have recognized is one year or less. These costs are included in Operating, administrative and general expenses. Significant judgments In making its determination of standalone selling price, the Company maximizes its use of observable inputs. Standalone selling price, once established, is then used to allocate total consideration proportionally to the various performance obligations, if applicable, within a contract. To estimate variable consideration, the Company applies both the “expected value” method and “most likely amount” method based on the form of variable consideration, according to which method would provide the best prediction. The expected value method involves a probability-weighted determination of the expected amount, whereas the most likely amount method identifies the single most likely outcome in a range of possible amounts. However, once a method has been applied to one form of variable consideration, it is applied consistently throughout the contract term. The primary types of variable consideration present in the Company’s contracts are product returns, volume rebates and the CPI index. The overall impact of this variable consideration is not material. Practical expedients The Company has elected to apply the following practical expedients provided by ASC 606: • Future performance obligations - see discussion above. • Contract costs - see discussion above. • Shipping and handling activities - see discussion above. • Sales tax presentation - the Company has elected to exclude from the transaction price all sales taxes that are assessed by a governmental authority that are imposed on and concurrent with a specific revenue-producing transaction and collected by the Company from a customer. • Modified retrospective approach - see discussion in Note 1 regarding adoption elections.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2018
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. For the three months ended June 30, 2018 , the Company recorded income tax expense of $7.7 million at an effective tax rate of 26.6% . The annual effective tax rate differs from the statutory U.S. Federal tax rate due to the impact of state income taxes, nondeductible compensation, and permanent tax differences from equity method investments. The net increase in effective tax rate for the three months ended June 30, 2018 resulted from in the period ended June 30, 2017 the Company had a loss before income taxes after a goodwill write-off which did not provide a corresponding tax benefit. This was offset by the reduction of the U.S. corporate tax rate from 35% to 21% as a result of the U.S. tax reform. For the three months ended June 30, 2017, the Company recorded an income tax expense of $7.7 million at an effective tax rate of (40.1)% . For the six months ended June 30, 2018, the Company recorded income tax expense of $7.4 million at an effective tax rate of 27.7% . The annual effective tax rate differs from the statutory U.S. Federal tax rate due to the impact of state income taxes, nondeductible compensation, and permanent tax differences from equity method investments. The effective tax rate for the six-month period ended June 30, 2018 also includes tax expense due to changes in the state allocation/apportionment as a result of a statutory merger. The increase in effective tax rate for the six months ended June 30, 2018 as compared to the same period last year was attributed to the reduction of the U.S. corporate tax rate from 35% to 21% as a result of the U.S. tax reform. Additionally, in the period ended June 30, 2017 the Company had a loss before income taxes after a goodwill write-off which did not provide a corresponding tax benefit. For the six months ended June 30, 2017, the Company recorded an income tax expense of $5.1 million at an effective tax rate of (20.8)% . The Company’s accounting for certain elements of the Tax Act was incomplete as of the period ended December 31, 2017, and remains incomplete as of June 30, 2018. However, the Company was able to make reasonable estimates of the effects and, therefore, recorded provisional estimates for these items. In connection with its initial analysis of the impact of the Tax Act, the Company recorded a provisional discrete net tax benefit of $73.5 million in the period ended December 31, 2017. This provisional estimate consists of a net expense of $1.4 million for the one-time transition tax and a net benefit of $74.9 million related to revaluation of deferred tax assets and liabilities, caused by the new lower corporate tax rate. To determine the transition tax, the Company must determine the amount of post-1986 accumulated earnings and profits of the relevant subsidiaries, as well as the amount of non-U.S. income taxes paid on such earnings. While the Company was able to make a reasonable estimate of the transition tax, the Company continues to gather additional information to more precisely compute the final amount. Likewise, while the Company was able to make a reasonable estimate of the impact of the reduction to the corporate tax rate, its rate may be affected by other analysis related to the Tax Act, including, but not limited to, the state tax effect of adjustments made to federal temporary differences. Due to the complexity of the new global intangible low-taxed income ("GILTI") tax rules, the company is continuing to evaluate this provision of the Tax Act and the application of ASC 740. Under GAAP, the Company is allowed to make an accounting policy choice to either (i) treat taxes due on future U.S. inclusions in taxable income related to GILTI as a current-period expense when incurred (the “period cost method"); or (ii) factor in such amounts into a company’s measurement of its deferred taxes (the “deferred method”). The Company’s selection of an accounting policy with respect to the new GILTI tax rules is dependent on additional analysis and potential future modifications to existing structures, which are not currently known. The Company has not made a policy decision regarding whether to record deferred taxes on GILTI. The Company will continue to analyze the full effects of the Tax Act on its Consolidated Financial Statements.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2018
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, 2018 and 2017 : Changes in Accumulated Other Comprehensive Income (Loss) by Component (a) Three months ended June 30, 2018 Six months ended June 30, 2018 (in thousands) Cash Flow Hedges Foreign Currency Translation Adjustment Investment in Convertible Preferred Securities Defined Benefit Plan Items Total Cash Flow Hedges Foreign Currency Translation Adjustment Investment in Convertible Preferred Securities Defined Benefit Plan Items Total Beginning Balance $ — $ (8,866 ) $ 257 $ 4,621 $ (3,988 ) $ — $ (7,716 ) $ 344 $ 4,672 $ (2,700 ) Other comprehensive income (loss) before reclassifications 51 (1,123 ) — (119 ) $ (1,191 ) 51 (2,273 ) (87 ) (2 ) (2,311 ) Amounts reclassified from accumulated other comprehensive loss — — — (168 ) $ (168 ) — — — (336 ) (336 ) Net current-period other comprehensive income (loss) 51 (1,123 ) — (287 ) (1,359 ) 51 (2,273 ) (87 ) (338 ) (2,647 ) Ending balance $ 51 $ (9,989 ) $ 257 $ 4,334 $ (5,347 ) $ 51 $ (9,989 ) $ 257 $ 4,334 $ (5,347 ) 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 ) (a) All amounts are net of tax. Amounts in parentheses indicate debits The following table shows the reclassification adjustments from accumulated other comprehensive loss to net income for the three and six months ended June 30, 2018 : Reclassifications Out of Accumulated Other Comprehensive Income (Loss) (a) (in thousands) Three months ended June 30, 2018 Six months ended June 30, 2018 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 (228 ) (b) (456 ) (b) (228 ) Total before tax (456 ) Total before tax 60 Income tax provision 120 Income tax provision $ (168 ) Net of tax $ (336 ) Net of tax Total reclassifications for the period $ (168 ) Net of tax $ (336 ) 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). There were no reclassification adjustments from accumulated other comprehensive loss to net income for the three and six months ended June 30, 2017.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2018
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, 2018 2017 2018 2017 Net income (loss) attributable to The Andersons, Inc. $ 21,529 $ (26,653 ) $ 19,829 $ (29,742 ) Less: Distributed and undistributed earnings allocated to nonvested restricted stock — — — — Earnings (losses) available to common shareholders $ 21,529 $ (26,653 ) $ 19,829 $ (29,742 ) Earnings per share – basic: Weighted average shares outstanding – basic 28,261 28,350 28,249 28,316 Earnings (losses) per common share – basic $ 0.76 $ (0.94 ) $ 0.70 $ (1.05 ) Earnings per share – diluted: Weighted average shares outstanding – basic 28,261 28,350 28,249 28,316 Effect of dilutive awards 128 — 187 — Weighted average shares outstanding – diluted 28,389 28,350 28,436 28,316 Earnings (losses) per common share – diluted $ 0.76 $ (0.94 ) $ 0.70 $ (1.05 ) There were 28 thousand and 25 thousand antidilutive stock-based awards outstanding for the three and six months ended June 30, 2018 , respectively. All outstanding share awards were antidilutive for the three and six months ended June 30, 2017 as the Company incurred a net loss in these periods.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The following tables present the Company's assets and liabilities that are measured at fair value on a nonrecurring basis at June 30, 2018: (in thousands) June 30, 2018 Assets (liabilities) Level 1 Level 2 Level 3 Total Property, plant and equipment (a) $ — $ — $ 1,300 $ 1,300 Rail car assets (b) $ — $ — $ 4,063 $ 4,063 Total $ — $ — $ 5,363 $ 5,363 (a) The Company recognized impairment charges on certain grain assets during 2018 and measured the fair value using Level 3 inputs on a nonrecurring basis. The fair value of the grain assets was determined using a pending sale of these grain assets held by the Company. (b) The Company recognized impairment charges on certain rail assets during 2018 and measured fair value using Level 3 inputs on a nonrecurring basis. The fair value of the rail assets was determined based on a national scrap index less cost to sell. The following table presents the Company’s assets and liabilities measured at fair value on a recurring basis at June 30, 2018 , December 31, 2017 and June 30, 2017 : (in thousands) June 30, 2018 Assets (liabilities) Level 1 Level 2 Level 3 Total Commodity derivatives, net (a) $ 15,356 $ (48,451 ) $ — $ (33,095 ) Provisionally priced contracts (b) (37,787 ) (24,511 ) — (62,298 ) Convertible preferred securities (c) — — 7,488 7,488 Other assets and liabilities (d) 4,136 (37 ) — 4,099 Total $ (18,295 ) $ (72,999 ) $ 7,488 $ (83,806 ) (in thousands) December 31, 2017 Assets (liabilities) Level 1 Level 2 Level 3 Total Commodity derivatives, net (a) 18,603 (18,067 ) — 536 Provisionally priced contracts (b) (98,190 ) (67,094 ) — (165,284 ) Convertible preferred securities (c) — — 7,388 7,388 Other assets and liabilities (d) 9,705 (1,244 ) — 8,461 Total $ (69,882 ) $ (86,405 ) $ 7,388 $ (148,899 ) (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 ) (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 assets held in rabbi trusts to fund deferred compensation plans, ethanol risk management contracts, and foreign exchange derivative contracts (Level 1), and interest rate derivatives (Level 2). 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. 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 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 future changes in the grain price, quoted CBOT prices are used and the liability is deemed to be Level 1 in the fair value hierarchy. All other unpriced contracts, primarily 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 as they include variable future and basis components. 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. A reconciliation of beginning and ending balances for the Company’s fair value measurements using Level 3 inputs is as follows: Convertible Preferred Securities (in thousands) 2018 2017 Assets (liabilities) at January 1, $ 7,388 $ 3,294 Gains (losses) included in earnings — — Assets (liabilities) at March 31, $ 7,388 $ 3,294 Gains (losses) included in earnings — — New investments 100 — Asset (liabilities) at June 30, $ 7,488 $ 3,294 The following tables summarize quantitative information about the Company's Level 3 fair value measurements as of June 30, 2018 , December 31, 2017 and June 30, 2017 : Quantitative Information about Level 3 Fair Value Measurements (in thousands) Fair Value as of June 30, 2018 Valuation Method Unobservable Input Weighted Average Convertible preferred securities (a) $ 7,488 Implied based on market prices N/A N/A Real Property (b) 1,300 Sale agreement N/A N/A Rail car assets (c) 4,063 National scrap index less cost to sell N/A N/A (in thousands) Fair Value as of December 31, 2017 Valuation Method Unobservable Input Weighted Average Convertible preferred securities (a) $ 7,388 Implied based on market prices N/A N/A Real Property (b) 29,347 Third-Party Appraisal N/A N/A (in thousands) Fair Value as of June 30, 2017 Valuation Method Unobservable Input Weighted Average Convertible preferred securities (a) $ 3,294 Cost Basis, Plus Interest N/A N/A (a) Due to early stages of business and timing of investments, cost basis, plus interest was deemed to approximate fair value in prior periods. As the underlying enterprises have matured, observable price changes and other additional market data is available to consider in order to estimate fair value, including additional capital raising, internal valuation models, progress towards key business milestones, and other relevant market data points. (b) The Company recognized impairment charges on certain assets and measured the fair value using Level 3 inputs on a nonrecurring basis. The fair value of the assets was determined using prior transactions, third-party appraisals and a pending sale of grain assets held by the Company. (c)The Company recognized impairment charges on rail assets during 2018 and measured fair value using Level 3 inputs on a nonrecurring basis. The fair value of the assets was determined based on a national scrap index less cost to sell. 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 $ 444,821 $ 474,769 $ 423,316 Fair value in excess of carrying value (a) (8,063 ) 1,451 2,612 (a) Carrying value used for this purpose excludes unamortized debt issuance costs 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, 2018
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, 2018 December 31, 2017 June 30, 2017 The Andersons Albion Ethanol LLC $ 47,474 $ 45,024 $ 40,829 The Andersons Clymers Ethanol LLC 21,214 19,830 19,903 The Andersons Marathon Ethanol LLC 14,344 12,660 14,045 Lansing Trade Group, LLC 97,476 93,088 89,235 Thompsons Limited (a) 49,251 50,198 49,252 Other 2,400 2,439 2,530 Total $ 232,159 $ 223,239 $ 215,794 (a) Thompsons Limited and related U.S. operating company held by joint ventures 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, 2018 2018 2017 2018 2017 The Andersons Albion Ethanol LLC 55% $ 1,329 $ 2,135 $ 2,450 $ 1,858 The Andersons Clymers Ethanol LLC 39% 1,236 569 1,745 776 The Andersons Marathon Ethanol LLC 33% 1,728 779 1,684 316 Lansing Trade Group, LLC 33% (a) 3,591 896 6,175 185 Thompsons Limited (b) 50% 1,980 2,081 1,311 1,486 Other 5% - 50% (61 ) (75 ) 11 (114 ) Total $ 9,803 $ 6,385 $ 13,376 $ 4,507 (a) This does not consider restricted management units which once vested will reduce the ownership percentage by approximately 1% (b) Thompsons Limited and related U.S. operating company held by joint ventures Total distributions received from unconsolidated affiliates were $2.1 million and $0.6 million for the six months ended June 30, 2018 and 2017, respectively. In the second quarter of 2018, Lansing Trade Group qualified as a significant equity investee of the Company under the income test. The following table presents unaudited financial information for the three and six months ended June 30, 2018 and 2017: (in thousands) Three months ended June 30, Six months ended June 30, 2018 2017 2018 2017 Revenues $ 1,372,059 $ 1,010,639 $ 2,604,118 $ 2,357,338 Gross profit 45,915 33,054 90,336 62,810 Income (loss) from continuing operations 11,569 3,030 20,397 1,325 Net income (loss) 10,785 2,606 19,130 102 Net income (loss) attributable to Lansing Trade Group 10,785 2,899 19,130 826 Related Party Transactions In the ordinary course of business and on an arms-length basis, the Company will enter into related party transactions with each of the investments described above, along with other related parties. On March 2, 2018, the Company invested in ELEMENT, LLC. The Company owns 51% of ELEMENT, LLC and ICM, Inc. owns the remaining 49% interest. ELEMENT, LLC will construct a 70 million -gallon-per-year bio-refinery. As part of the Company’s investment into ELEMENT, LLC, the Company and ICM, Inc. entered into a number of agreements with the entity. Most notably, ICM, Inc. will operate the facility under a management contract and manage the initial construction of the facility, while the Company will provide corn origination, ethanol marketing, and risk management services. The results of operations for ELEMENT, LLC have been included in our consolidated results of operations beginning on March 2, 2018 and are a component of our Ethanol segment. Construction is underway and the plant is expected to be operational in 2019. 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) 2018 2017 2018 2017 Sales revenues $ 107,686 $ 241,896 $ 196,580 $ 439,964 Service fee revenues (a) 5,191 9,410 10,308 14,036 Purchases of product and capital assets 197,444 167,904 378,968 302,411 Lease income (b) 1,624 1,422 3,206 2,709 Labor and benefits reimbursement (c) 3,601 6,863 7,168 10,553 (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. (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. (in thousands) June 30, 2018 December 31, 2017 June 30, 2017 Accounts receivable (d) $ 27,030 $ 30,252 $ 25,673 Accounts payable (e) 39,620 27,866 25,590 (d) Accounts receivable represents amounts due from related parties for sales of corn, leasing revenue and service fees. (e) Accounts payable represents amounts due to related parties for purchases of ethanol and other various items. For the three months ended June 30, 2018 and 2017 , revenues recognized for the sale of ethanol and other co-products that the Company purchased from the unconsolidated ethanol LLCs were $172.3 million and $161.3 million , respectively. For the six months ended June 30, 2018 and 2017 , revenues recognized for the sale of ethanol and other co-products that the Company purchased from the unconsolidated ethanol LLCs were $318.5 million and $284.5 million , respectively. For the three and six months ended June 30, 2017 revenues recognized for the sale of corn to the unconsolidated ethanol LLCs were $125.5 million and $243.0 million . As a result of the new revenue recognition guidance, these transactions are now being recorded on a net basis instead of a gross basis, which is included in service fee revenues above. See Note 7 for further discussion. 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 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, 2018 , December 31, 2017 and June 30, 2017 was $ 8.1 million , $ 0.2 million and $ 0.6 million , respectively. The fair value of derivative contract liabilities with related parties as of June 30, 2018 , December 31, 2017 and June 30, 2017 was $ 3.9 million , $ 2.5 million and $ 0.7 million , respectively.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
Segment Information	Segment Information The Company’s operations include four 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 provides risk management, origination and management services to ethanol production facilities. These facilities are organized as limited liability companies, two are consolidated and three are investments accounted for under the equity method. The Company performs a combination of these services under various contracts for these investments. The Plant Nutrient business manufactures and distributes agricultural inputs, primarily fertilizer, to dealers and farmers, along with turf care and corncob-based products. Rail operations include the leasing, marketing and fleet management of railcars and other assets, railcar repair and metal fabrication. Prior to 2018, the Company reported the Retail operations as a fifth reportable business segment even though it did not meet the quantitative thresholds for segment disclosures. As previously disclosed, the Company closed the Retail business during 2017, and accordingly has recast the prior results for this segment within the Other category, which also includes other corporate level costs not attributable 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) 2018 2017 2018 2017 Revenues from external customers Grain $ 365,920 $ 488,447 $ 642,772 $ 966,975 Ethanol 200,938 187,831 373,776 341,984 Plant Nutrient 303,106 264,736 438,723 411,323 Rail 41,438 38,149 91,870 78,539 Other — 14,499 — 46,857 Total $ 911,402 $ 993,662 $ 1,547,141 $ 1,845,678 Three months ended June 30, Six months ended June 30, (in thousands) 2018 2017 2018 2017 Inter-segment sales Grain $ 462 $ 141 $ 993 $ 207 Plant Nutrient — 70 — 241 Rail 338 275 671 566 Total $ 800 $ 486 $ 1,664 $ 1,014 Three months ended June 30, Six months ended June 30, (in thousands) 2018 2017 2018 2017 Income (loss) before income taxes Grain $ 9,877 $ 6,929 $ 9,847 $ 1,856 Ethanol 6,125 4,660 7,964 6,376 Plant Nutrient 15,124 (25,825 ) 16,215 (19,154 ) Rail 944 5,860 4,913 11,938 Other (2,799 ) (10,625 ) (11,678 ) (25,641 ) Noncontrolling interests (116 ) (64 ) (398 ) (10 ) Total $ 29,155 $ (19,065 ) $ 26,863 $ (24,635 ) (in thousands) June 30, 2018 December 31, 2017 June 30, 2017 Identifiable assets Grain $ 820,016 $ 948,871 $ 783,316 Ethanol 248,560 180,173 170,730 Plant Nutrient 356,166 379,309 351,871 Rail 535,087 490,448 448,417 Other 157,959 163,553 157,091 Total $ 2,117,788 $ 2,162,354 $ 1,911,425

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2018
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 losses for all other outstanding claims that are considered reasonably possible is not material. Commitments In the first quarter of 2018, the Company began construction of a new ethanol facility, which is expected to be completed in 2019. Portions of the project are covered by design and build contracts, with approximately $129.2 million of remaining obligation, of which $12.9 million has been prepaid, as of June 30, 2018 . 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 $23.5 million , $24.3 million , and $23.9 million at June 30, 2018 , December 31, 2017 , and June 30, 2017 , respectively. The Company has recorded a build-to-suit financing obligation in other current liabilities of $1.4 million , $1.4 million , and $0.8 million at June 30, 2018 , December 31, 2017 , and June 30, 2017 , respectively.

Sale of Assets

Sale of Assets	6 Months Ended
	Jun. 30, 2018
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 $ 29,579 $ 22,388 $ 23,566 Land improvements and leasehold improvements 68,384 69,127 71,236 Buildings and storage facilities 280,226 284,820 298,077 Machinery and equipment 377,202 373,127 382,321 Construction in progress 37,456 7,502 7,372 792,847 756,964 782,572 Less: accumulated depreciation 384,272 372,287 359,530 $ 408,575 $ 384,677 $ 423,042 Depreciation expense on property, plant and equipment was $23.2 million and $24.1 million for the six months ended June 30, 2018 and 2017 , respectively. Additionally, depreciation expense on property, plant and equipment was $11.5 million and $12.0 million for the three months ended June 30, 2018 and 2017 , respectively. In June 2018, the Company recorded charges totaling $1.6 million for impairment of property, plant and equipment in the Grain segment related to assets that have been reclassified as assets held for sale at June 30, 2018. In December 2017, the Company recorded charges totaling $10.9 million for impairment of property, plant and equipment in the Grain segment, of which $5.6 million relates to assets that are deemed held and used and $5.3 million related to assets that have been reclassified as assets held for sale at December 31, 2017. 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 the fair value of the impaired assets as Level 3 inputs in the fair value hierarchy. 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 $ 564,555 $ 531,391 $ 482,524 Less: accumulated depreciation 106,131 107,948 107,432 $ 458,424 $ 423,443 $ 375,092 Depreciation expense on Rail Group assets leased to others amounted to $12.2 million and $9.7 million for the six months ended June 30, 2018 and 2017 , respectively. Additionally, depreciation expense on Rail Group assets leased to others amounted to $6.0 million and $5.0 million for the three months ended June 30, 2018 and 2017, respectively. In June 2018, the Company recorded charges totaling $4.7 million related to Rail Group assets leased to others that have been reclassified as assets held for sale at June 30, 2018. The Company classified the significant assumptions used to determine the fair value of the impaired assets as Level 3 inputs in the fair value hierarchy. Sale of Assets On April 2, 2018, the Company closed on an agreement to sell its grain elevators in Humboldt, Kenton and Dyer, Tennessee for $19.5 million , plus working capital, recording a nominal gain. 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 .

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	6 Months Ended
	Jun. 30, 2018
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, 2018 and 2017 are as follows: Six months ended June 30, (in thousands) 2018 2017 Supplemental disclosure of cash flow information Interest paid $ 16,982 $ 12,430 Noncash investing and financing activity Capital projects incurred but not yet paid 10,744 3,695 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 4,663 4,501 Debt resulting from accounting standard adoption 36,953 — Railcar assets resulting from accounting standard adoption 25,643 —

Exit Costs and Assets Held for

Exit Costs and Assets Held for Sale	6 Months Ended
	Jun. 30, 2018
Restructuring and Related Activities [Abstract]
Exit Costs and Assets Held for Sale	Exit Costs and Assets Held for Sale The Company classified $9.8 million of Property, plant and equipment, net as Assets held for sale on the Condensed Consolidated Balance Sheet at June 30, 2018 . This includes $4.2 million of Retail store assets, $4.1 million of Rail Group assets, $1.3 million of Grain assets relating to its Como, Tennessee operations, and $0.2 million relating to administrative offices at an outlying location in the Plant Nutrient Group The Company classified $37.9 million of Property, plant and equipment, net as Assets held for sale on the Condensed Consolidated Balance Sheet at December 31, 2017. This includes $19.5 million of Property, plant and equipment, net, $11.4 million of Inventories, and $1.2 million of Commodity derivative assets related to certain western Tennessee locations of the Grain Group. The Company classified $4.2 million and $1.6 million of additional Property, plant and equipment, net as Assets held for sale related to the remaining Retail store assets and administrative offices at an outlying location in the Plant Nutrient Group, respectively. The Company classified $10.0 million of Property, plant and equipment, net as Assets held for sale on the Condensed Consolidated Balance Sheet at June 30, 2017, all of which related to Retail store assets. The Retail business closed during the second quarter of 2017. Inventory and fixtures liquidation efforts were completed throughout the year, and no additional charges were incurred during the first six months of 2018. 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.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2018
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On July 16, 2018, the Company signed an agreement to sell one of its convertible preferred security investments for a pre-tax gain of approximately $3.9 million , expected to close in the third quarter. On August 2, 2018, The Andersons Railcar Leasing Company LLC amended its line of credit agreement with a syndicate of banks. The amended agreement provides for an increased credit facility in the amount of $200 million .

Basis of Presentation and Con28

Basis of Presentation and Consolidation Basis of Presentation and Consolidation (Policies)	6 Months Ended
	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
New Accounting Standards	New Accounting Standards Derivatives and Hedging In August 2017, the FASB issued ASU 2017-12 Targeted Improvements to Accounting for Hedging Activities. This standard simplifies the recognition and presentation of changes in the fair value of hedging instruments and, among other things, eliminates the requirement to separately measure and record hedge ineffectiveness. The ASU is effective for annual periods beginning December 15, 2018, with early adoption permitted. The Company adopted ASU 2017-12 during the second quarter of 2018 noting the effects of this standard on our condensed consolidated financial statements were not material. There was no transition impact. Revenue Recognition In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (ASC 606). 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 standard 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. The Company adopted the standard in the current period using the modified retrospective method. As a result of the adoption we recognized a cumulative catch-up transition adjustment in beginning retained earnings at January 1, 2018 for non-recourse financing transactions that were open as of December 31, 2017. This resulted in a $25.6 million increase in Rail Group net assets, $34.0 million increase in financing liabilities and deferred tax liabilities and $8.4 million decrease to retained earnings. See Note 7 for further detail. Leasing In February 2016, the FASB issued ASU No. 2016-02, Leases (ASC 842). ASC 842 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. ASC 842 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. The new standard is effective for the Company beginning January 1, 2019 and must be adopted using either the modified retrospective approach, which requires application of the new guidance at the beginning of the earliest comparative period presented or the optional alternative approach, which requires application of the new guidance at the beginning of the standard’s effective date. The Company expects this standard to have the effect of bringing certain off balance-sheet rail assets 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. We are currently evaluating the impact these changes will have on the Consolidated Financial Statements. Other applicable standards In February 2018, the FASB issued ASU 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, which allows companies to reclassify stranded income tax effects resulting from the Tax Cuts and Jobs Act from accumulated other comprehensive income to retained earnings in their consolidated financial statements. This guidance is effective for fiscal years beginning after December 15, 2018. We have evaluated the impact of this new standard on our consolidated financial statements and do not expect the impact to be material. Early adoption is permitted, but the Company has not chosen to do so at this time. In May 2017, the FASB issued ASU 2017-09 Compensation-Stock Compensation (Topic 718): Scope of Modification Accounting. Under this standard, 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 FASB then issued ASU 2018-07 which expands the scope of Topic 718 to include share-based payment transactions for acquiring goods and services from nonemployees. The Company has adopted these standards during the year, noting no impact as the Company has not made any modifications to our stock compensation awards. In March 2017, the FASB issued ASU 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 Company has adopted this standard in the first quarter using the retrospective approach and prior periods have been recast to reflect this change, noting the amounts are immaterial. In August 2016, the FASB issued ASU 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 Company has adopted this standard in the first quarter noting the impact is immaterial. In June 2016, the FASB issued ASU 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, but the Company does not plan to do so. In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities. The FASB issued subsequent amendments to the initial guidance in February 2018 and March 2018 within ASU 2018-03 and ASU 2018-04, respectively. This standard provides guidance for the recognition, measurement, presentation, and disclosure of financial instruments. The Company has adopted this standard in the first quarter noting the impact is immaterial.

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2018
Inventory, Net [Abstract]
Classes of inventories	Major classes of inventories are as follows: (in thousands) June 30, December 31, June 30, Grain $ 385,118 $ 505,217 $ 373,863 Ethanol and co-products 22,828 11,003 14,041 Plant nutrients and cob products 82,230 126,962 69,365 Retail merchandise — — 906 Railcar repair parts 5,435 5,521 5,030 $ 495,611 $ 648,703 $ 463,205

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	6 Months Ended
	Jun. 30, 2018
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 $ 29,579 $ 22,388 $ 23,566 Land improvements and leasehold improvements 68,384 69,127 71,236 Buildings and storage facilities 280,226 284,820 298,077 Machinery and equipment 377,202 373,127 382,321 Construction in progress 37,456 7,502 7,372 792,847 756,964 782,572 Less: accumulated depreciation 384,272 372,287 359,530 $ 408,575 $ 384,677 $ 423,042
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 $ 564,555 $ 531,391 $ 482,524 Less: accumulated depreciation 106,131 107,948 107,432 $ 458,424 $ 423,443 $ 375,092

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Schedule of Short-term and Long-term Debt	The Company’s short-term and long-term debt at June 30, 2018 , December 31, 2017 and June 30, 2017 consisted of the following: (in thousands) June 30, December 31, June 30, Short-term Debt – Non-Recourse $ — $ — $ — Short-term Debt – Recourse 185,000 22,000 124,000 Total Short-term Debt $ 185,000 $ 22,000 $ 124,000 Current Maturities of Long-term Debt – Non-Recourse $ 2,922 $ — $ — Current Maturities of Long-term Debt – Recourse 10,778 54,205 62,482 Total Current Maturities of Long-term Debt $ 13,700 $ 54,205 $ 62,482 Long-term Debt, Less: Current Maturities – Non-Recourse $ 72,290 $ — $ — Long-term Debt, Less: Current Maturities – Recourse 363,290 418,339 354,066 Total Long-term Debt, Less: Current Maturities $ 435,580 $ 418,339 $ 354,066

Derivatives (Tables)

Derivatives (Tables)	6 Months Ended
	Jun. 30, 2018
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, 2018 December 31, 2017 June 30, 2017 (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) $ (52,888 ) $ — $ 1,351 $ — $ 15,452 $ — Fair value of derivatives 68,244 — 17,252 — (12,835 ) — Balance at end of period $ 15,356 $ — $ 18,603 $ — $ 2,617 $ —
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, 2018 (in thousands) Commodity Derivative Assets - Current Commodity Derivative Assets - Noncurrent Commodity Derivative Liabilities - Current Commodity Derivative Liabilities - Noncurrent Total Commodity derivative assets $ 123,917 $ 1,022 $ 626 $ 36 $ 125,601 Commodity derivative liabilities (16,770 ) (14 ) (85,786 ) (3,238 ) (105,808 ) Cash collateral (52,888 ) — — — (52,888 ) Balance sheet line item totals $ 54,259 $ 1,008 $ (85,160 ) $ (3,202 ) $ (33,095 ) December 31, 2017 (in thousands) Commodity Derivative Assets - Current Commodity Derivative Assets - Noncurrent Commodity Derivative Liabilities - Current Commodity Derivative Liabilities - Noncurrent Total Commodity derivative assets $ 36,929 $ 311 $ 489 $ 1 $ 37,730 Commodity derivative liabilities (7,578 ) (1 ) (30,140 ) (826 ) (38,545 ) Cash collateral 1,351 — — — 1,351 Balance sheet line item totals $ 30,702 $ 310 $ (29,651 ) $ (825 ) $ 536 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 )
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, 2018 , December 31, 2017 and June 30, 2017 : June 30, 2018 Commodity (in thousands) Number of Bushels Number of Gallons Number of Pounds Number of Tons Non-exchange traded: Corn 272,979 — — — Soybeans 49,208 — — — Wheat 11,163 — — — Oats 36,612 — — — Ethanol — 332,761 — Corn oil — — 6,158 — Other 82 1,500 — 77 Subtotal 370,044 334,261 6,158 77 Exchange traded: Corn 133,730 — — — Soybeans 45,775 — — — Wheat 48,105 — — — Oats 1,190 — — — Ethanol — 140,364 — — Subtotal 228,800 140,364 — — Total 598,844 474,625 6,158 77 December 31, 2017 Commodity (in thousands) Number of Bushels Number of Gallons Number of Pounds Number of Tons Non-exchange traded: Corn 218,391 — Soybeans 18,127 — — — Wheat 14,577 — — — Oats 25,953 — — — Ethanol — 197,607 — — Corn oil — — 6,074 — Other 47 — — 97 Subtotal 277,095 197,607 6,074 97 Exchange traded: Corn 82,835 — — — Soybeans 37,170 — — — Wheat 65,640 — — — Oats 1,345 — — — Ethanol — 39,438 — — Other — 840 — — Subtotal 186,990 40,278 — — Total 464,085 237,885 6,074 97 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
Company's Condensed Consolidated Statement of Income gains and location of line items	The net pre-tax gains and losses on commodity derivatives not designated as hedging instruments included in the Company’s Condensed Consolidated Statements of Operations and the line items in which they are located for the three and six months ended June 30, 2018 and 2017 are as follows: Three months ended June 30, Six months ended June 30, (in thousands) 2018 2017 2018 2017 Gains (losses) on commodity derivatives included in cost of sales and merchandising revenues $ 45,844 $ (41,873 ) $ 20,608 $ (14,848 ) Three months ended June 30, Six months ended June 30, (in thousands) 2018 2017 2018 2017 Derivatives not designated as hedging instruments Interest rate derivative gains (losses) included in Interest income (expense) $ 351 $ (17 ) $ 1,141 $ 372 Foreign currency derivative gains (losses) included in Other income, net (413 ) 669 (1,535 ) 767 Derivatives designated as hedging instruments Interest rate derivative gains (losses) included in OCI 67 — 67 —
Schedule of Fair Value of Interest Rate Derivative Liabilities	t June 30, 2018 , December 31, 2017 and June 30, 2017 , the Company had recorded the following amounts for the fair value of the Company's other derivatives: June 30, 2018 December 31, 2017 June 30, 2017 (in thousands) Derivatives not designated as hedging instruments Interest rate contracts included in Other long-term liabilities $ (37 ) $ (1,244 ) $ (2,158 ) Foreign currency contracts included in Other current assets (Accrued expenses and other current liabilities) (1,109 ) 426 654 Derivatives designated as hedging instruments Interest rate contract included in Accrued expenses and other current liabilities (88 ) — — Interest rate contract included in Other assets 155 — —

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2018
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, 2018 and 2017 : Pension Benefits (in thousands) Three months ended June 30, Six months ended June 30, 2018 2017 2018 2017 Interest cost $ 32 $ 39 $ 65 $ 78 Recognized net actuarial loss 61 63 122 126 Benefit cost $ 93 $ 102 $ 187 $ 204
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, 2018 2017 2018 2017 Service cost $ 75 $ 106 $ 162 $ 229 Interest cost 190 282 377 582 Amortization of prior service cost (228 ) — (456 ) — Benefit cost $ 37 $ 388 $ 83 $ 811

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
Schedule of Breakdown of Revenues between ASC 606	The breakdown of revenues between ASC 606 and other standards is as follows: (in thousands) Three months ended June 30, 2018 Six months ended June 30, 2018 Revenues under ASC 606 $ 356,883 $ 550,533 Revenues under ASC 840 26,228 52,257 Revenues under ASC 815 528,291 944,351 Total Revenues $ 911,402 $ 1,547,141
Schedule of Disaggregation of Revenues	The following tables disaggregate revenues under ASC 606 by major product/service line: Three months ended June 30, 2018 (in thousands) Grain Ethanol Plant Nutrient Rail Total Specialty nutrients $ — $ — $ 94,281 $ — $ 94,281 Primary nutrients — — 200,288 — 200,288 Service 3,381 2,760 2,412 9,308 17,861 Co-products — 32,462 — — 32,462 Other 292 — 6,124 5,575 11,991 Total $ 3,673 $ 35,222 $ 303,105 $ 14,883 $ 356,883 Approximately 5% of revenues accounted for under ASC 606 are recorded over time which primarily relates to service revenues noted above. Six months ended June 30, 2018 (in thousands) Grain Ethanol Plant Nutrient Rail Total Specialty nutrients $ — $ — $ 169,359 $ — $ 169,359 Primary nutrients — — 253,507 — 253,507 Service 7,799 5,305 2,621 17,425 33,150 Co-products — 59,108 — — 59,108 Other 502 — 13,235 21,672 35,409 Total $ 8,301 $ 64,413 $ 438,722 $ 39,097 $ 550,533 Approximately 6% of revenues accounted for under ASC 606 are recorded over time which primarily relates to service revenues noted above.
Schedule of Opening and Closing Balances of Company's Contract Assets and Liabilities	The opening and closing balances of the Company’s contract liabilities are as follows: (in thousands) Contract liabilities Balance at January 1, 2018 $ 25,520 Balance at March 31, 2018 67,715 Balance at June 30, 2018 10,047
Schedule of Effects of New Accounting Pronouncements in Balance Sheet and Statement of Operations	Statement of Operations Three months ended June 30, 2018 (in thousands) As Reported ASC 606 Impact Pro forma as if the previous accounting guidance was in effect Sales and merchandising revenues $ 911,402 $ 185,276 $ 1,096,678 Cost of sales and merchandising revenues 820,928 185,765 1,006,693 Gross profit 90,474 (489 ) 89,985 Operating, administrative and general expenses 59,853 — 59,853 Asset impairment 6,272 — 6,272 Interest expense 7,825 (395 ) 7,430 Other income: Equity in earnings of affiliates, net 9,803 — 9,803 Other income, net 2,828 — 2,828 Income (loss) before income taxes 29,155 (94 ) 29,061 Income tax provision 7,742 (16 ) 7,726 Net income (loss) 21,413 (78 ) 21,335 Net income attributable to the noncontrolling interests (116 ) — (116 ) Net income (loss) attributable to The Andersons, Inc. $ 21,529 $ (78 ) $ 21,451 Statement of Operations Six months ended June 30, 2018 (in thousands) As Reported ASC 606 Impact Pro forma as if the previous accounting guidance was in effect Sales and merchandising revenues $ 1,547,141 $ 349,465 $ 1,896,606 Cost of sales and merchandising revenues 1,392,962 350,415 1,743,377 Gross profit 154,179 (950 ) 153,229 Operating, administrative and general expenses 124,110 — 124,110 Asset impairment 6,272 — 6,272 Interest expense 14,824 (798 ) 14,026 Other income: Equity in earnings of affiliates, net 13,376 — 13,376 Other income, net 4,514 — 4,514 Income (loss) before income taxes 26,863 (152 ) 26,711 Income tax provision 7,432 (38 ) 7,394 Net income (loss) 19,431 (114 ) 19,317 Net income attributable to the noncontrolling interests (398 ) — (398 ) Net income (loss) attributable to The Andersons, Inc. $ 19,829 $ (114 ) $ 19,715 The following table compares the reported condensed consolidated balance sheet, as of June 30, 2018 , to the pro forma amounts had the previous guidance been in effect: Balance Sheet June 30, 2018 (in thousands) As Reported ASC 606 Impact Pro forma as if the previous accounting guidance was in effect Cash and cash equivalents and restricted cash $ 58,611 $ — $ 58,611 Accounts receivable, net 218,476 — 218,476 Inventories 495,611 158 495,769 Commodity derivative assets - current 54,259 — 54,259 Other current assets 52,464 (202 ) 52,262 Other noncurrent assets 371,368 — 371,368 Rail Group assets leased to others, net 458,424 (24,131 ) 434,293 Property, plant and equipment, net 408,575 — 408,575 Total assets 2,117,788 (24,175 ) 2,093,613 Short-term debt and current maturities of long-term debt 198,700 (2,922 ) 195,778 Trade and other payables and accrued expenses and other current liabilities 356,733 — 356,733 Commodity derivative liabilities - current 85,160 — 85,160 Customer prepayments and deferred revenue 16,103 — 16,103 Commodity derivative liabilities - noncurrent and Other long-term liabilities 33,527 — 33,527 Employee benefit plan obligations 26,131 — 26,131 Long-term debt, less current maturities 435,580 (32,597 ) 402,983 Deferred income taxes 118,864 2,869 121,733 Total liabilities 1,270,798 (32,650 ) 1,238,148 Retained earnings 635,438 8,475 643,913 Common shares, additional paid-in-capital, treasury shares, accumulated other comprehensive loss and noncontrolling interests 211,552 — 211,552 Total equity 846,990 8,475 855,465 Total liabilities and equity 2,117,788 (24,175 ) 2,093,613

Accumulated Other Comprehensi35

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2018
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, 2018 and 2017 : Changes in Accumulated Other Comprehensive Income (Loss) by Component (a) Three months ended June 30, 2018 Six months ended June 30, 2018 (in thousands) Cash Flow Hedges Foreign Currency Translation Adjustment Investment in Convertible Preferred Securities Defined Benefit Plan Items Total Cash Flow Hedges Foreign Currency Translation Adjustment Investment in Convertible Preferred Securities Defined Benefit Plan Items Total Beginning Balance $ — $ (8,866 ) $ 257 $ 4,621 $ (3,988 ) $ — $ (7,716 ) $ 344 $ 4,672 $ (2,700 ) Other comprehensive income (loss) before reclassifications 51 (1,123 ) — (119 ) $ (1,191 ) 51 (2,273 ) (87 ) (2 ) (2,311 ) Amounts reclassified from accumulated other comprehensive loss — — — (168 ) $ (168 ) — — — (336 ) (336 ) Net current-period other comprehensive income (loss) 51 (1,123 ) — (287 ) (1,359 ) 51 (2,273 ) (87 ) (338 ) (2,647 ) Ending balance $ 51 $ (9,989 ) $ 257 $ 4,334 $ (5,347 ) $ 51 $ (9,989 ) $ 257 $ 4,334 $ (5,347 ) 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 ) (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, 2018 : Reclassifications Out of Accumulated Other Comprehensive Income (Loss) (a) (in thousands) Three months ended June 30, 2018 Six months ended June 30, 2018 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 (228 ) (b) (456 ) (b) (228 ) Total before tax (456 ) Total before tax 60 Income tax provision 120 Income tax provision $ (168 ) Net of tax $ (336 ) Net of tax Total reclassifications for the period $ (168 ) Net of tax $ (336 ) 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, 2018
Earnings Per Share [Abstract]
Earnings per share	(in thousands, except per common share data) Three months ended June 30, Six months ended June 30, 2018 2017 2018 2017 Net income (loss) attributable to The Andersons, Inc. $ 21,529 $ (26,653 ) $ 19,829 $ (29,742 ) Less: Distributed and undistributed earnings allocated to nonvested restricted stock — — — — Earnings (losses) available to common shareholders $ 21,529 $ (26,653 ) $ 19,829 $ (29,742 ) Earnings per share – basic: Weighted average shares outstanding – basic 28,261 28,350 28,249 28,316 Earnings (losses) per common share – basic $ 0.76 $ (0.94 ) $ 0.70 $ (1.05 ) Earnings per share – diluted: Weighted average shares outstanding – basic 28,261 28,350 28,249 28,316 Effect of dilutive awards 128 — 187 — Weighted average shares outstanding – diluted 28,389 28,350 28,436 28,316 Earnings (losses) per common share – diluted $ 0.76 $ (0.94 ) $ 0.70 $ (1.05 )

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2018
Fair Value Disclosures [Abstract]
Assets and liabilities measured on nonrecurring basis	The following tables present the Company's assets and liabilities that are measured at fair value on a nonrecurring basis at June 30, 2018: (in thousands) June 30, 2018 Assets (liabilities) Level 1 Level 2 Level 3 Total Property, plant and equipment (a) $ — $ — $ 1,300 $ 1,300 Rail car assets (b) $ — $ — $ 4,063 $ 4,063 Total $ — $ — $ 5,363 $ 5,363 (a) The Company recognized impairment charges on certain grain assets during 2018 and measured the fair value using Level 3 inputs on a nonrecurring basis. The fair value of the grain assets was determined using a pending sale of these grain assets held by the Company. (b) The Company recognized impairment charges on certain rail assets during 2018 and measured fair value using Level 3 inputs on a nonrecurring basis. The fair value of the rail assets was determined based on a national scrap index less cost to sell.
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, 2018 , December 31, 2017 and June 30, 2017 : (in thousands) June 30, 2018 Assets (liabilities) Level 1 Level 2 Level 3 Total Commodity derivatives, net (a) $ 15,356 $ (48,451 ) $ — $ (33,095 ) Provisionally priced contracts (b) (37,787 ) (24,511 ) — (62,298 ) Convertible preferred securities (c) — — 7,488 7,488 Other assets and liabilities (d) 4,136 (37 ) — 4,099 Total $ (18,295 ) $ (72,999 ) $ 7,488 $ (83,806 ) (in thousands) December 31, 2017 Assets (liabilities) Level 1 Level 2 Level 3 Total Commodity derivatives, net (a) 18,603 (18,067 ) — 536 Provisionally priced contracts (b) (98,190 ) (67,094 ) — (165,284 ) Convertible preferred securities (c) — — 7,388 7,388 Other assets and liabilities (d) 9,705 (1,244 ) — 8,461 Total $ (69,882 ) $ (86,405 ) $ 7,388 $ (148,899 ) (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 ) (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 assets held in rabbi trusts to fund deferred compensation plans, 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: Convertible Preferred Securities (in thousands) 2018 2017 Assets (liabilities) at January 1, $ 7,388 $ 3,294 Gains (losses) included in earnings — — Assets (liabilities) at March 31, $ 7,388 $ 3,294 Gains (losses) included in earnings — — New investments 100 — Asset (liabilities) at June 30, $ 7,488 $ 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, 2018 , December 31, 2017 and June 30, 2017 : Quantitative Information about Level 3 Fair Value Measurements (in thousands) Fair Value as of June 30, 2018 Valuation Method Unobservable Input Weighted Average Convertible preferred securities (a) $ 7,488 Implied based on market prices N/A N/A Real Property (b) 1,300 Sale agreement N/A N/A Rail car assets (c) 4,063 National scrap index less cost to sell N/A N/A (in thousands) Fair Value as of December 31, 2017 Valuation Method Unobservable Input Weighted Average Convertible preferred securities (a) $ 7,388 Implied based on market prices N/A N/A Real Property (b) 29,347 Third-Party Appraisal N/A N/A (in thousands) Fair Value as of June 30, 2017 Valuation Method Unobservable Input Weighted Average Convertible preferred securities (a) $ 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 $ 444,821 $ 474,769 $ 423,316 Fair value in excess of carrying value (a) (8,063 ) 1,451 2,612

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2018
Related Party Transactions [Abstract]
Company's investment balance in each of its equity method investees by entity	The following table presents the Company’s investment balance in each of its equity method investees by entity: (in thousands) June 30, 2018 December 31, 2017 June 30, 2017 The Andersons Albion Ethanol LLC $ 47,474 $ 45,024 $ 40,829 The Andersons Clymers Ethanol LLC 21,214 19,830 19,903 The Andersons Marathon Ethanol LLC 14,344 12,660 14,045 Lansing Trade Group, LLC 97,476 93,088 89,235 Thompsons Limited (a) 49,251 50,198 49,252 Other 2,400 2,439 2,530 Total $ 232,159 $ 223,239 $ 215,794 (a) Thompsons Limited and related U.S. operating company held by joint ventures The following table presents unaudited financial information for the three and six months ended June 30, 2018 and 2017: (in thousands) Three months ended June 30, Six months ended June 30, 2018 2017 2018 2017 Revenues $ 1,372,059 $ 1,010,639 $ 2,604,118 $ 2,357,338 Gross profit 45,915 33,054 90,336 62,810 Income (loss) from continuing operations 11,569 3,030 20,397 1,325 Net income (loss) 10,785 2,606 19,130 102 Net income (loss) attributable to Lansing Trade Group 10,785 2,899 19,130 826
Income (loss) earned from the Company's equity method investments by entity	he 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, 2018 2018 2017 2018 2017 The Andersons Albion Ethanol LLC 55% $ 1,329 $ 2,135 $ 2,450 $ 1,858 The Andersons Clymers Ethanol LLC 39% 1,236 569 1,745 776 The Andersons Marathon Ethanol LLC 33% 1,728 779 1,684 316 Lansing Trade Group, LLC 33% (a) 3,591 896 6,175 185 Thompsons Limited (b) 50% 1,980 2,081 1,311 1,486 Other 5% - 50% (61 ) (75 ) 11 (114 ) Total $ 9,803 $ 6,385 $ 13,376 $ 4,507 (a) This does not consider restricted management units which once vested will reduce the ownership percentage by approximately 1% (b) Thompsons Limited and related U.S. operating company held by joint ventures
Schedule of aggregate summarized financial information of subsidiaries	The following table presents unaudited financial information for the three and six months ended June 30, 2018 and 2017: (in thousands) Three months ended June 30, Six months ended June 30, 2018 2017 2018 2017 Revenues $ 1,372,059 $ 1,010,639 $ 2,604,118 $ 2,357,338 Gross profit 45,915 33,054 90,336 62,810 Income (loss) from continuing operations 11,569 3,030 20,397 1,325 Net income (loss) 10,785 2,606 19,130 102 Net income (loss) attributable to Lansing Trade Group 10,785 2,899 19,130 826 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) 2018 2017 2018 2017 Sales revenues $ 107,686 $ 241,896 $ 196,580 $ 439,964 Service fee revenues (a) 5,191 9,410 10,308 14,036 Purchases of product and capital assets 197,444 167,904 378,968 302,411 Lease income (b) 1,624 1,422 3,206 2,709 Labor and benefits reimbursement (c) 3,601 6,863 7,168 10,553 (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. (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. (in thousands) June 30, 2018 December 31, 2017 June 30, 2017 Accounts receivable (d) $ 27,030 $ 30,252 $ 25,673 Accounts payable (e) 39,620 27,866 25,590 (d) Accounts receivable represents amounts due from related parties for sales of corn, leasing revenue and service fees. (e) 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, 2018
Segment Reporting [Abstract]
Segment Information	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) 2018 2017 2018 2017 Revenues from external customers Grain $ 365,920 $ 488,447 $ 642,772 $ 966,975 Ethanol 200,938 187,831 373,776 341,984 Plant Nutrient 303,106 264,736 438,723 411,323 Rail 41,438 38,149 91,870 78,539 Other — 14,499 — 46,857 Total $ 911,402 $ 993,662 $ 1,547,141 $ 1,845,678 Three months ended June 30, Six months ended June 30, (in thousands) 2018 2017 2018 2017 Inter-segment sales Grain $ 462 $ 141 $ 993 $ 207 Plant Nutrient — 70 — 241 Rail 338 275 671 566 Total $ 800 $ 486 $ 1,664 $ 1,014 Three months ended June 30, Six months ended June 30, (in thousands) 2018 2017 2018 2017 Income (loss) before income taxes Grain $ 9,877 $ 6,929 $ 9,847 $ 1,856 Ethanol 6,125 4,660 7,964 6,376 Plant Nutrient 15,124 (25,825 ) 16,215 (19,154 ) Rail 944 5,860 4,913 11,938 Other (2,799 ) (10,625 ) (11,678 ) (25,641 ) Noncontrolling interests (116 ) (64 ) (398 ) (10 ) Total $ 29,155 $ (19,065 ) $ 26,863 $ (24,635 ) (in thousands) June 30, 2018 December 31, 2017 June 30, 2017 Identifiable assets Grain $ 820,016 $ 948,871 $ 783,316 Ethanol 248,560 180,173 170,730 Plant Nutrient 356,166 379,309 351,871 Rail 535,087 490,448 448,417 Other 157,959 163,553 157,091 Total $ 2,117,788 $ 2,162,354 $ 1,911,425

Supplemental Cash Flow Inform40

Supplemental Cash Flow Information (Tables)	6 Months Ended
	Jun. 30, 2018
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, 2018 and 2017 are as follows: Six months ended June 30, (in thousands) 2018 2017 Supplemental disclosure of cash flow information Interest paid $ 16,982 $ 12,430 Noncash investing and financing activity Capital projects incurred but not yet paid 10,744 3,695 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 4,663 4,501 Debt resulting from accounting standard adoption 36,953 — Railcar assets resulting from accounting standard adoption 25,643 —

Basis of Presentation and Con41

Basis of Presentation and Consolidation (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jan. 01, 2018	Dec. 31, 2017	Jun. 30, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Decrease to retained earnings	$ (635,438)		$ (633,496)	$ (570,406)
Rail Group | Revenues under ASC 606 | Assets, Net
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase in net assets		$ 25,600
Rail Group | Revenues under ASC 606 | Financing Obligations
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase in financing liabilities and deferred tax liabilities		34,000
ASC 606 Impact | Revenues under ASC 606
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Decrease to retained earnings	$ (8,475)
ASC 606 Impact | Rail Group | Revenues under ASC 606
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Decrease to retained earnings		$ 8,400

Inventories (Details)

Inventories (Details) $ in Thousands, bu in Millions	Jun. 30, 2018USD ($)bu	Dec. 31, 2017USD ($)bu	Jun. 30, 2017USD ($)bu
Inventory, Net [Abstract]
Grain	$ 385,118	$ 505,217	$ 373,863
Ethanol and co-products	22,828	11,003	14,041
Plant nutrients and cob products	82,230	126,962	69,365
Retail merchandise	0	0	906
Railcar repair parts	5,435	5,521	5,030
Total inventories	$ 495,611	$ 648,703	$ 463,205
Bushels of grain held in storage and excluded from inventory calculations | bu	0.1	1	0.8

Property, Plant and Equipment43

Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Components of property, plant and equipment
Land	$ 29,579	$ 22,388	$ 23,566
Land improvements and leasehold improvements	68,384	69,127	71,236
Buildings and storage facilities	280,226	284,820	298,077
Machinery and equipment	377,202	373,127	382,321
Construction in progress	37,456	7,502	7,372
Property, plant and equipment, gross	792,847	756,964	782,572
Less: accumulated depreciation	384,272	372,287	359,530
Property, plant and equipment, net	$ 408,575	$ 384,677	$ 423,042

Property, Plant and Equipment44

Property, Plant and Equipment (Textual) (Details) - USD ($) $ in Millions	1 Months Ended		3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Depreciation expense			$ 23.2	$ 24.1	$ 11.5	$ 12
Grain
Property, Plant and Equipment [Line Items]
Impairment of long-lived assets held-for-use		$ 5.6			1.6		$ 10.9
Impairment of long-lived assets held-for-sale		$ 5.3
Rail
Property, Plant and Equipment [Line Items]
Impairment of long-lived assets held-for-use	$ 4.7
Depreciation expense on railcar assets leased to others			$ 6	$ 5	$ 12.2	$ 9.7

Property, Plant and Equipment45

Property, Plant and Equipment (Rail Group Assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Components of Railcar assets leased to others
Rail Group assets leased to others, gross	$ 564,555	$ 531,391	$ 482,524
Less: accumulated depreciation	106,131	107,948	107,432
Railcar assets leased to others, net	$ 458,424	$ 423,443	$ 375,092

Debt (Textual) (Details)

Debt (Textual) (Details) - Line of credit - Line of credit $ in Millions	Jun. 30, 2018USD ($)
Line of Credit Facility [Line Items]
Credit facility, maximum borrowing capacity	$ 800
Borrowings under line of credit	950
Total available for borrowings under lines of credit	642.1
TADE
Line of Credit Facility [Line Items]
Credit facility, maximum borrowing capacity	15
ELEMENT, LLC | Subsidiary
Line of Credit Facility [Line Items]
Credit facility, maximum borrowing capacity	70
The Andersons Railcar Leasing Company LLC
Line of Credit Facility [Line Items]
Credit facility, maximum borrowing capacity	$ 65

Debt (Details)

Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Debt Instrument [Line Items]
Short-term debt	$ 185,000	$ 22,000	$ 124,000
Long-term debt
Total current maturities of long-term debt	13,700	54,205	62,482
Long-term debt, less current maturities	435,580	418,339	354,066
Nonrecourse
Debt Instrument [Line Items]
Short-term debt	0	0	0
Long-term debt
Total current maturities of long-term debt	2,922	0	0
Long-term debt, less current maturities	72,290	0	0
Recourse
Debt Instrument [Line Items]
Short-term debt	185,000	22,000	124,000
Long-term debt
Total current maturities of long-term debt	10,778	54,205	62,482
Long-term debt, less current maturities	$ 363,290	$ 418,339	$ 354,066

Derivatives (Textual) (Details)

Derivatives (Textual) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2018USD ($)derivative
Derivative [Line Items]
Maximum period in which contracts for the sale of grain to processors or other consumers extend (years)	1 year
Designated as Hedging Instrument | Cash Flow Hedging | Interest rate contracts
Derivative [Line Items]
Number of derivative instruments held | derivative	1
Notional amount of derivative | $	$ 40

Derivatives (Net Asset or Liabi

Derivatives (Net Asset or Liability Positions in Balance Sheet) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Estimated fair value of Company's commodity derivative instruments for cash collateral and associated cash as collateral
Net derivative asset position, Collateral paid (received)	$ (52,888)	$ 1,351	$ 15,452
Net derivative asset position, Fair value of derivatives	68,244	17,252	(12,835)
Net derivative asset position, net	15,356	18,603	2,617
Net derivative liability position, Collateral paid	0	0	0
Net derivative liability position, Fair value of derivatives	0	0	0
Net derivative liability position, net	$ 0	$ 0	$ 0

Derivatives (Gross Current and

Derivatives (Gross Current and Noncurrent Assets and Liabilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Derivatives, Fair Value [Line Items]
Commodity derivative assets	$ 68,244	$ 17,252	$ (12,835)
Commodity derivative liabilities	0	0	0
Commodity derivative assets - current	54,259	30,702	11,619
Commodity derivative assets - noncurrent	1,008	310	1,191
Commodity derivative liabilities - current	(85,160)	(29,651)	(18,104)
Commodity derivative liabilities - noncurrent	(3,202)	(825)	(334)
Commodity
Derivatives, Fair Value [Line Items]
Commodity derivative assets	125,601	37,730	31,708
Commodity derivative liabilities	(105,808)	(38,545)	(52,788)
Cash collateral	(52,888)	1,351	15,452
Total	(33,095)	536	(5,628)
Commodity Derivative Assets - Current | Commodity
Derivatives, Fair Value [Line Items]
Commodity derivative assets	123,917	36,929	26,101
Commodity derivative liabilities	(16,770)	(7,578)	(29,934)
Cash collateral	(52,888)	1,351	15,452
Commodity derivative assets - current	54,259	30,702	11,619
Commodity Derivative Assets - Noncurrent | Commodity
Derivatives, Fair Value [Line Items]
Commodity derivative assets	1,022	311	1,201
Commodity derivative liabilities	(14)	(1)	(10)
Cash collateral	0	0	0
Commodity derivative assets - noncurrent	1,008	310	1,191
Commodity Derivative Liabilities - Current | Commodity
Derivatives, Fair Value [Line Items]
Commodity derivative assets	626	489	4,404
Commodity derivative liabilities	(85,786)	(30,140)	(22,508)
Cash collateral	0	0	0
Commodity derivative liabilities - current	(85,160)	(29,651)	(18,104)
Commodity Derivative Liabilities - Noncurrent | Commodity
Derivatives, Fair Value [Line Items]
Commodity derivative assets	36	1	2
Commodity derivative liabilities	(3,238)	(826)	(336)
Cash collateral	0	0	0
Commodity derivative liabilities - noncurrent	$ (3,202)	$ (825)	$ (334)

Derivatives (Pre-tax Gains and

Derivatives (Pre-tax Gains and Losses) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Commodity | Cost of Sales and Merchandising Revenues
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on derivatives instruments recognized in earnings	$ 45,844	$ (41,873)	$ 20,608	$ (14,848)
Not Designated as Hedging Instrument | Interest rate contracts | Interest Income (Expense)
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on derivatives instruments recognized in earnings	351	(17)	1,141	372
Not Designated as Hedging Instrument | Foreign currency contract | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on derivatives instruments recognized in earnings	(413)	669	(1,535)	767
Designated as Hedging Instrument | Foreign currency contract | Other Income
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on derivatives instruments recognized in OCI	$ 67	$ 0	$ 67	$ 0

Derivatives (Volume of Contract

Derivatives (Volume of Contracts Outstanding) (Details) lb in Thousands, gal in Thousands, bu in Thousands, T in Thousands	Jun. 30, 2018lb	Jun. 30, 2018bu	Jun. 30, 2018T	Jun. 30, 2018gal	Dec. 31, 2017lb	Dec. 31, 2017bu	Dec. 31, 2017T	Dec. 31, 2017gal	Jun. 30, 2017lb	Jun. 30, 2017bu	Jun. 30, 2017T	Jun. 30, 2017gal
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	6,158	598,844	77	474,625	6,074	464,085	97	237,885	4,658	433,265	160	261,848
Non-exchange Traded
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	6,158	370,044	77	334,261	6,074	277,095	97	197,607	4,658	264,685	100	257,018
Non-exchange Traded | Corn
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	272,979	0	0		218,391	0		0	184,197	0	0
Non-exchange Traded | Soybeans
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	49,208	0	0	0	18,127	0	0	0	31,532	0	0
Non-exchange Traded | Wheat
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	11,163	0	0	0	14,577	0	0	0	7,340	0	0
Non-exchange Traded | Oats
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	36,612	0	0	0	25,953	0	0	0	41,526	0	0
Non-exchange Traded | Ethanol
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount		0	0	332,761	0	0	0	197,607	0	0	0	256,518
Non-exchange Traded | Corn Oil
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	6,158	0	0	0	6,074	0	0	0	4,658	0	0	0
Non-exchange Traded | Other
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	82	77	1,500	0	47	97	0	0	90	100	500
Exchange Traded
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	228,800	0	140,364	0	186,990	0	40,278	0	168,580	60	4,830
Exchange Traded | Corn
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	133,730	0	0	0	82,835	0	0	0	94,895	0	0
Exchange Traded | Soybeans
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	45,775	0	0	0	37,170	0	0	0	27,470	0	0
Exchange Traded | Wheat
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	48,105	0	0	0	65,640	0	0	0	43,925	0	0
Exchange Traded | Oats
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	1,190	0	0	0	1,345	0	0	0	2,290	0	0
Exchange Traded | Ethanol
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount	0	0	0	140,364	0	0	0	39,438	0	0	0	3,990
Exchange Traded | Other
Amounts of quantities outstanding included in commodity derivative contracts
Nonmonetary notional amount					0	0	0	840	0	0	60	840

Derivatives (Fair Value of the

Derivatives (Fair Value of the Company's Other Derivatives) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Not Designated as Hedging Instrument | Other long term liabilities | Interest rate contracts
Derivative [Line Items]
Derivative liabilities	$ (37)	$ (1,244)	$ (2,158)
Not Designated as Hedging Instrument | Short term assets (liabilities) | Foreign currency contract
Derivative [Line Items]
Derivative assets	(1,109)	426	654
Designated as Hedging Instrument | Other Expenses and Other Current Liabilities | Interest rate contracts
Derivative [Line Items]
Derivative liabilities	(88)	0	0
Designated as Hedging Instrument | Other Assets | Interest rate contracts
Derivative [Line Items]
Derivative liabilities	$ 155	$ 0	$ 0

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Pension Benefits
Components of the net periodic benefit cost
Interest cost	$ 32	$ 39	$ 65	$ 78
Recognized net actuarial loss	61	63	122	126
Benefit cost (income)	93	102	187	204
Postretirement Benefits
Components of the net periodic benefit cost
Interest cost	190	282	377	582
Service cost	75	106	162	229
Amortization of prior service cost	(228)	0	(456)	0
Benefit cost (income)	$ 37	$ 388	$ 83	$ 811

Revenue (Breakdown of Revenues

Revenue (Breakdown of Revenues by Accounting Standards) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total Revenues	$ 911,402	$ 1,547,141
Revenues under ASC 606
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total Revenues	356,883	550,533
Revenues under ASC 840
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total Revenues	26,228	52,257
Revenues under ASC 815
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Total Revenues	$ 528,291	$ 944,351

Revenue (Disaggregation of Reve

Revenue (Disaggregation of Revenues) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018
Disaggregation of Revenue [Line Items]
Total	$ 356,883	$ 550,533
Specialty nutrients
Disaggregation of Revenue [Line Items]
Total	94,281	169,359
Primary nutrients
Disaggregation of Revenue [Line Items]
Total	200,288	253,507
Service
Disaggregation of Revenue [Line Items]
Total	$ 17,861	$ 33,150
Service | Transferred over Time
Disaggregation of Revenue [Line Items]
Revenue from contract with customer, percentage of service revenues	5.00%	6.00%
Co-products
Disaggregation of Revenue [Line Items]
Total	$ 32,462	$ 59,108
Other
Disaggregation of Revenue [Line Items]
Total	11,991	35,409
Grain
Disaggregation of Revenue [Line Items]
Total	3,673	8,301
Grain | Specialty nutrients
Disaggregation of Revenue [Line Items]
Total	0	0
Grain | Primary nutrients
Disaggregation of Revenue [Line Items]
Total	0	0
Grain | Service
Disaggregation of Revenue [Line Items]
Total	3,381	7,799
Grain | Co-products
Disaggregation of Revenue [Line Items]
Total	0	0
Grain | Other
Disaggregation of Revenue [Line Items]
Total	292	502
Ethanol
Disaggregation of Revenue [Line Items]
Total	35,222	64,413
Ethanol | Specialty nutrients
Disaggregation of Revenue [Line Items]
Total	0	0
Ethanol | Primary nutrients
Disaggregation of Revenue [Line Items]
Total	0	0
Ethanol | Service
Disaggregation of Revenue [Line Items]
Total	2,760	5,305
Ethanol | Co-products
Disaggregation of Revenue [Line Items]
Total	32,462	59,108
Ethanol | Other
Disaggregation of Revenue [Line Items]
Total	0	0
Plant Nutrient
Disaggregation of Revenue [Line Items]
Total	303,105	438,722
Plant Nutrient | Specialty nutrients
Disaggregation of Revenue [Line Items]
Total	94,281	169,359
Plant Nutrient | Primary nutrients
Disaggregation of Revenue [Line Items]
Total	200,288	253,507
Plant Nutrient | Service
Disaggregation of Revenue [Line Items]
Total	2,412	2,621
Plant Nutrient | Co-products
Disaggregation of Revenue [Line Items]
Total	0	0
Plant Nutrient | Other
Disaggregation of Revenue [Line Items]
Total	6,124	13,235
Rail
Disaggregation of Revenue [Line Items]
Total	14,883	39,097
Rail | Specialty nutrients
Disaggregation of Revenue [Line Items]
Total	0	0
Rail | Primary nutrients
Disaggregation of Revenue [Line Items]
Total	0	0
Rail | Service
Disaggregation of Revenue [Line Items]
Total	9,308	17,425
Rail | Co-products
Disaggregation of Revenue [Line Items]
Total	0	0
Rail | Other
Disaggregation of Revenue [Line Items]
Total	$ 5,575	$ 21,672

Revenue (Textual) (Details)

Revenue (Textual) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Expected increase on sales and related costs calculated under the previous accounting guidance	$ 183.1	$ 345
Expected duration of performance obligations		1 year
Amortization period of contract costs		1 year
Assets, Total | ASC 606 Impact | Revenues under ASC 606
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Impact on Balance Sheet of adoption of new accounting guidance		$ 24.2
Liabilities, Total | ASC 606 Impact | Revenues under ASC 606
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Impact on Balance Sheet of adoption of new accounting guidance		$ 32.7
Service | Minimum | Transferred at Point in Time
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Expected payment period		0 days
Service | Maximum | Transferred at Point in Time
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Expected payment period		30 days
Specialty nutrients | Minimum | Transferred at Point in Time
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Expected payment period		0 days
Specialty nutrients | Maximum | Transferred at Point in Time
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Expected payment period		30 days
Co-products | Minimum | Transferred at Point in Time
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Expected payment period		5 days
Co-products | Maximum | Transferred at Point in Time
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Expected payment period		15 days

Revenue (Contract Liabilities B

Revenue (Contract Liabilities Balances) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Mar. 31, 2018	Jan. 01, 2018
Revenue from Contract with Customer [Abstract]
Contract Liabilities	$ 10,047	$ 67,715	$ 25,520

Revenue (Impact of New Revenue

Revenue (Impact of New Revenue Guidance on Financial Statements) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017	Dec. 31, 2016
Balance Sheet
Cash and cash equivalents and restricted cash	$ 58,611		$ 58,611
Accounts receivable, net	218,476	$ 186,331	218,476	$ 186,331	$ 183,238
Inventories	495,611	463,205	495,611	463,205	648,703
Commodity derivative assets - current	54,259	11,619	54,259	11,619	30,702
Other current assets	52,464		52,464
Other noncurrent assets	371,368	362,268	371,368	362,268	355,023
Rail Group assets leased to others, net	458,424	375,092	458,424	375,092	423,443
Property, plant and equipment, net	408,575	423,042	408,575	423,042	384,677
Total assets	2,117,788	1,911,425	2,117,788	1,911,425	2,162,354
Short-term debt and current maturities of long-term debt	198,700		198,700
Commodity derivative liabilities - current	356,733		356,733
Commodity derivative liabilities - current	85,160	18,104	85,160	18,104	29,651
Customer prepayments and deferred revenue	16,103	15,113	16,103	15,113	59,710
Commodity derivative liabilities - noncurrent and Other long-term liabilities	33,527		33,527
Employee benefit plan obligations	26,131	36,837	26,131	36,837	26,716
Long-term debt, less current maturities	435,580	354,066	435,580	354,066	418,339
Deferred income taxes	118,864	181,806	118,864	181,806	121,730
Total liabilities	1,270,798	1,163,633	1,270,798	1,163,633	1,339,455
Retained earnings	635,438	570,406	635,438	570,406	633,496
Common shares, additional paid-in-capital, treasury shares, accumulated other comprehensive loss and noncontrolling interests	211,552		211,552
Total equity	846,990	747,792	846,990	747,792	822,899	$ 790,697
Total liabilities and equity	2,117,788	1,911,425	2,117,788	1,911,425	$ 2,162,354
Income Statement Related Disclosures [Abstract]
Sales and merchandising revenues	911,402	993,662	1,547,141	1,845,678
Cost of sales and merchandising revenues	820,928	905,828	1,392,962	1,681,386
Gross profit	90,474	87,834	154,179	164,292
Operating, administrative and general expenses	59,853	69,544	124,110	151,089
Asset impairment	6,272	0	6,272	0
Interest expense	7,825	5,988	14,824	12,088
Equity in earnings (loss) of affiliates, net	9,803	6,385	13,376	4,507
Other income, net	2,828	4,248	4,514	11,743
Income (loss) before income taxes	29,155	(19,065)	26,863	(24,635)
Income tax provision (benefit)	7,742	7,652	7,432	5,117
Net income (loss)	21,413	(26,717)	19,431	(29,752)
Net income (loss) attributable to the noncontrolling interests	(116)	(64)	(398)	(10)
Net income attributable to The Andersons, Inc.	21,529	$ (26,653)	19,829	$ (29,742)
ASC 606 Impact | Revenues under ASC 606
Balance Sheet
Cash and cash equivalents and restricted cash	0		0
Accounts receivable, net	0		0
Inventories	158		158
Commodity derivative assets - current	0		0
Other current assets	(202)		(202)
Other noncurrent assets	0		0
Rail Group assets leased to others, net	(24,131)		(24,131)
Property, plant and equipment, net	0		0
Total assets	(24,175)		(24,175)
Short-term debt and current maturities of long-term debt	(2,922)		(2,922)
Commodity derivative liabilities - current	0		0
Commodity derivative liabilities - current	0		0
Customer prepayments and deferred revenue	0		0
Commodity derivative liabilities - noncurrent and Other long-term liabilities	0		0
Employee benefit plan obligations	0		0
Long-term debt, less current maturities	(32,597)		(32,597)
Deferred income taxes	2,869		2,869
Total liabilities	(32,650)		(32,650)
Retained earnings	8,475		8,475
Common shares, additional paid-in-capital, treasury shares, accumulated other comprehensive loss and noncontrolling interests	0		0
Total equity	8,475		8,475
Total liabilities and equity	(24,175)		(24,175)
Income Statement Related Disclosures [Abstract]
Sales and merchandising revenues	185,276		349,465
Cost of sales and merchandising revenues	185,765		350,415
Gross profit	(489)		(950)
Operating, administrative and general expenses	0		0
Asset impairment	0		0
Interest expense	(395)		(798)
Equity in earnings (loss) of affiliates, net	0		0
Other income, net	0		0
Income (loss) before income taxes	(94)		(152)
Income tax provision (benefit)	(16)		(38)
Net income (loss)	(78)		(114)
Net income (loss) attributable to the noncontrolling interests	0		0
Net income attributable to The Andersons, Inc.	(78)		(114)
Pro forma as if the previous accounting guidance was in effect
Balance Sheet
Cash and cash equivalents and restricted cash	58,611		58,611
Accounts receivable, net	218,476		218,476
Inventories	495,769		495,769
Commodity derivative assets - current	54,259		54,259
Other current assets	52,262		52,262
Other noncurrent assets	371,368		371,368
Rail Group assets leased to others, net	434,293		434,293
Property, plant and equipment, net	408,575		408,575
Total assets	2,093,613		2,093,613
Short-term debt and current maturities of long-term debt	195,778		195,778
Commodity derivative liabilities - current	356,733		356,733
Commodity derivative liabilities - current	85,160		85,160
Customer prepayments and deferred revenue	16,103		16,103
Commodity derivative liabilities - noncurrent and Other long-term liabilities	33,527		33,527
Employee benefit plan obligations	26,131		26,131
Long-term debt, less current maturities	402,983		402,983
Deferred income taxes	121,733		121,733
Total liabilities	1,238,148		1,238,148
Retained earnings	643,913		643,913
Common shares, additional paid-in-capital, treasury shares, accumulated other comprehensive loss and noncontrolling interests	211,552		211,552
Total equity	855,465		855,465
Total liabilities and equity	2,093,613		2,093,613
Income Statement Related Disclosures [Abstract]
Sales and merchandising revenues	1,096,678		1,896,606
Cost of sales and merchandising revenues	1,006,693		1,743,377
Gross profit	89,985		153,229
Operating, administrative and general expenses	59,853		124,110
Asset impairment	6,272		6,272
Interest expense	7,430		(14,026)
Equity in earnings (loss) of affiliates, net	9,803		13,376
Other income, net	2,828		4,514
Income (loss) before income taxes	29,061		26,711
Income tax provision (benefit)	7,726		7,394
Net income (loss)	21,335		19,317
Net income (loss) attributable to the noncontrolling interests	(116)		(398)
Net income attributable to The Andersons, Inc.	$ 21,451		$ 19,715

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income tax provision (benefit)	$ 7,742	$ 7,652	$ 7,432	$ 5,117
Effective income tax rate	26.60%	(40.10%)	27.70%	(20.80%)
Provisional discrete net tax benefit recorded as result of changes in tax law					$ 73,500
Provisional net tax expense for one-time transition tax recorded as result of changes in tax law					1,400
Provisional net tax benefit recorded for revaluation of deferred tax assets and liabilities as result of changes in tax law					$ 74,900

Accumulated Other Comprehensi61

Accumulated Other Comprehensive Loss (After-tax Components of Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	[1]	$ (3,988)	$ (11,964)	$ (2,700)	$ (12,468)
Other comprehensive income (loss) before reclassifications	[1]	(1,191)	(29)	(2,311)	475
Amounts reclassified from accumulated other comprehensive loss	[1]	(168)		(336)
Net current-period other comprehensive income (loss)	[1]	(1,359)	(29)	(2,647)	475
Ending balance	[1]	(5,347)	(11,993)	(5,347)	(11,993)
Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	[1]	0		0
Other comprehensive income (loss) before reclassifications	[1]	51		51
Amounts reclassified from accumulated other comprehensive loss	[1]	0		0
Net current-period other comprehensive income (loss)	[1]	51		51
Ending balance	[1]	51		51
Foreign Currency Translation Adjustment
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	[1]	(8,866)	(10,488)	(7,716)	(11,002)
Other comprehensive income (loss) before reclassifications	[1]	(1,123)	959	(2,273)	1,473
Amounts reclassified from accumulated other comprehensive loss	[1]	0		0
Net current-period other comprehensive income (loss)	[1]	(1,123)	959	(2,273)	1,473
Ending balance	[1]	(9,989)	(9,529)	(9,989)	(9,529)
Investment in Convertible Preferred Securities
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	[1]	257		344
Other comprehensive income (loss) before reclassifications	[1]	0		(87)
Amounts reclassified from accumulated other comprehensive loss	[1]	0		0
Net current-period other comprehensive income (loss)	[1]	0		(87)
Ending balance	[1]	257		257
Defined Benefit Plan Items
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	[1]	4,621	(1,476)	4,672	(1,466)
Other comprehensive income (loss) before reclassifications	[1]	(119)	(988)	(2)	(998)
Amounts reclassified from accumulated other comprehensive loss	[1]	(168)		(336)
Net current-period other comprehensive income (loss)	[1]	(287)	(988)	(338)	(998)
Ending balance	[1]	$ 4,334	$ (2,464)	$ 4,334	$ (2,464)
[1]	All amounts are net of tax. Amounts in parentheses indicate debits

Accumulated Other Comprehensi62

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, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Schedule of Reclassifciations Out of Accumulated Other Comprehensive Income [Line Items]
Income (loss) before income taxes		$ 29,155	$ (19,065)	$ 26,863	$ (24,635)
Income tax provision (benefit)		(7,742)	(7,652)	(7,432)	(5,117)
Net income (loss)		21,413	$ (26,717)	19,431	$ (29,752)
Reclassification out of Accumulated Other Comprehensive Income
Schedule of Reclassifciations Out of Accumulated Other Comprehensive Income [Line Items]
Net income (loss)	[1]	(168)		(336)
Reclassification out of Accumulated Other Comprehensive Income | Amortization of prior-service cost
Schedule of Reclassifciations Out of Accumulated Other Comprehensive Income [Line Items]
Amortization of prior-service cost	[2],[3]	(228)		(456)
Income (loss) before income taxes	[1]	(228)		(456)
Income tax provision (benefit)	[1]	60		120
Net income (loss)	[1]	$ (168)		$ (336)
[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, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Earnings Per Share [Abstract]
Net income attributable to The Andersons, Inc.	$ 21,529	$ (26,653)	$ 19,829	$ (29,742)
Less: Distributed and undistributed earnings allocated to nonvested restricted stock	0	0	0	0
Earnings available to common shareholders	$ 21,529	$ (26,653)	$ 19,829	$ (29,742)
Earnings per share - basic:
Weighted average shares outstanding - basic (shares)	28,261	28,350	28,249	28,316
Earnings per common share - basic (dollars per share)	$ 0.76	$ (0.94)	$ 0.70	$ (1.05)
Earnings per share - diluted:
Weighted average shares outstanding - basic (shares)	28,261	28,350	28,249	28,316
Effect of dilutive awards (shares)	128	0	187	0
Weighted average shares outstanding - diluted (shares)	28,389	28,350	28,436	28,316
Earnings per common share - diluted (dollars per share)	$ 0.76	$ (0.94)	$ 0.70	$ (1.05)
Earnings Per Share (Textual) [Abstract]
Antidilutive stock-based awards outstanding (shares)	28		25

Fair Value Measurements (Assets

Fair Value Measurements (Assets and Liabilities Measured on Nonrecurring Basis) (Details) - Fair Value, Measurements, Recurring $ in Thousands	Jun. 30, 2018USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	$ 5,363
Property, plant and equipment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	1,300
Rail car assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	4,063
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	0
Level 1 | Property, plant and equipment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	0
Level 1 | Rail car assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	0
Level 2 | Property, plant and equipment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	0
Level 2 | Rail car assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	5,363
Level 3 | Property, plant and equipment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	1,300
Level 3 | Rail car assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	$ 4,063

Fair Value Measurements (Asse65

Fair Value Measurements (Assets and Liabilities Measured on Recurring Basis) (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Assets and liabilities measured at fair value on a recurring basis
Restricted cash			$ 1,033
Commodity derivatives, net	$ (33,095)	$ 536	(5,628)
Provisionally price contracts	(62,298)	(165,284)	(118,737)
Convertible preferred securities	7,488	7,388	3,294
Other assets and liabilities	4,099	8,461	7,997
Total	(83,806)	(148,899)	(112,041)
Level 1
Assets and liabilities measured at fair value on a recurring basis
Restricted cash			1,033
Commodity derivatives, net	15,356	18,603	2,817
Provisionally price contracts	(37,787)	(98,190)	(87,958)
Convertible preferred securities	0	0	0
Other assets and liabilities	4,136	9,705	10,155
Total	(18,295)	(69,882)	(73,953)
Level 2
Assets and liabilities measured at fair value on a recurring basis
Restricted cash			0
Commodity derivatives, net	(48,451)	(18,067)	(8,445)
Provisionally price contracts	(24,511)	(67,094)	(30,779)
Convertible preferred securities	0	0	0
Other assets and liabilities	(37)	(1,244)	(2,158)
Total	(72,999)	(86,405)	(41,382)
Level 3
Assets and liabilities measured at fair value on a recurring basis
Restricted cash			0
Commodity derivatives, net	0	0	0
Provisionally price contracts	0	0	0
Convertible preferred securities	7,488	7,388	3,294
Other assets and liabilities	0	0	0
Total	$ 7,488	$ 7,388	$ 3,294

Fair Value Measurements (Reconc

Fair Value Measurements (Reconciliation of Beginning and Ending Balances of Level 3 Measurements) (Details 2) - Level 3 - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2017
Convertible preferred securities
Reconciliation of Fair Value Measurements Using Level 3
Asset (liability), Beginning Balance	$ 7,388	$ 7,388	$ 3,294	$ 3,294
Gains (losses) included in earnings	0	0	0	0
New investments	100		0
Asset (liability), Ending Balance	7,488	$ 7,388	3,294	$ 3,294
Convertible preferred securities | Implied based on market prices
Quantitative Information about Level 3 Fair Value Measurements
Convertible preferred securities (a)	7,488		$ 3,294		$ 7,388
Real Property | Third-Party Appraisal
Quantitative Information about Level 3 Fair Value Measurements
Real Property (b)	1,300				$ 29,347
Rail car assets | Third-Party Appraisal
Quantitative Information about Level 3 Fair Value Measurements
Real Property (b)	$ 4,063

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value of Company's Long-term Debt) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
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	$ 444,821	$ 474,769	$ 423,316
Fair value in excess of carrying value (a)	$ (8,063)	$ 1,451	$ 2,612

Related Party Transactions (Com

Related Party Transactions (Company's Investment Balance in Equity Method Investees) (Details) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Equity Method Investment Companys Investment Balance In Each Equity Method Investees By Entity [Abstract]
Equity method investments		$ 232,159	$ 223,239	$ 215,794
The Andersons Albion Ethanol LLC
Equity Method Investment Companys Investment Balance In Each Equity Method Investees By Entity [Abstract]
Equity method investments		47,474	45,024	40,829
The Andersons Clymers Ethanol LLC
Equity Method Investment Companys Investment Balance In Each Equity Method Investees By Entity [Abstract]
Equity method investments		21,214	19,830	19,903
The Andersons Marathon Ethanol LLC
Equity Method Investment Companys Investment Balance In Each Equity Method Investees By Entity [Abstract]
Equity method investments		14,344	12,660	14,045
Lansing Trade Group LLC
Equity Method Investment Companys Investment Balance In Each Equity Method Investees By Entity [Abstract]
Equity method investments		97,476	93,088	89,235
Thompsons Limited
Equity Method Investment Companys Investment Balance In Each Equity Method Investees By Entity [Abstract]
Equity method investments	[1]	49,251	50,198	49,252
Other
Equity Method Investment Companys Investment Balance In Each Equity Method Investees By Entity [Abstract]
Equity method investments		$ 2,400	$ 2,439	$ 2,530
[1]	Thompsons Limited and related U.S. operating company held by joint ventures

Related Party Transactions (Tex

Related Party Transactions (Textual) (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Mar. 02, 2018gal	Dec. 31, 2017USD ($)
Related Party Transaction [Line Items]
Total distributions received from unconsolidated affiliates	$ 2.1		$ 0.6
Revenues recognized for the sale of ethanol	172.3	$ 161.3	318.5	$ 284.5
Revenues recognized for the sale of corn		125.5		243
Related party, gross assets	8.1	0.6	8.1	0.6		$ 0.2
Related party, gross liability	$ 3.9	$ 0.7	$ 3.9	$ 0.7		$ 2.5
ELEMENT, LLC | Subsidiary
Related Party Transaction [Line Items]
Noncontrolling interest is attributed of all gains and losses of parent (percentage)					49.00%
Percentage of company's interest in subsidiary					51.00%
Maximum production capacity of bio-refinery (gallons) | gal					70,000,000
TAME
Related Party Transaction [Line Items]
Percentage of company ownership interest (percentage)	33.00%		33.00%

Related Party Transactions (Inc

Related Party Transactions (Income (Loss) Earned from Company's Equity Method Investments) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Earned From Companys Equity Method Investments By Entity [Abstract]
Income earned from Company's equity method investees		$ 9,803	$ 6,385	$ 13,376	$ 4,507
Reduction in ownership percentage (percentage)		1.00%		1.00%
The Andersons Albion Ethanol LLC
Income Earned From Companys Equity Method Investments By Entity [Abstract]
Percentage of company ownership interest (percentage)		55.00%		55.00%
Income earned from Company's equity method investees		$ 1,329	2,135	$ 2,450	1,858
The Andersons Clymers Ethanol LLC
Income Earned From Companys Equity Method Investments By Entity [Abstract]
Percentage of company ownership interest (percentage)		39.00%		39.00%
Income earned from Company's equity method investees		$ 1,236	569	$ 1,745	776
The Andersons Marathon Ethanol LLC
Income Earned From Companys Equity Method Investments By Entity [Abstract]
Percentage of company ownership interest (percentage)		33.00%		33.00%
Income earned from Company's equity method investees		$ 1,728	779	$ 1,684	316
Lansing Trade Group LLC
Income Earned From Companys Equity Method Investments By Entity [Abstract]
Percentage of company ownership interest (percentage)	[1]	33.00%		33.00%
Income earned from Company's equity method investees		$ 3,591	896	$ 6,175	185
Thompsons Limited
Income Earned From Companys Equity Method Investments By Entity [Abstract]
Percentage of company ownership interest (percentage)	[2]	50.00%		50.00%
Income earned from Company's equity method investees	[3]	$ 1,980	2,081	$ 1,311	1,486
Other
Income Earned From Companys Equity Method Investments By Entity [Abstract]
Income earned from Company's equity method investees		$ (61)	$ (75)	$ 11	$ (114)
Other | Minimum
Income Earned From Companys Equity Method Investments By Entity [Abstract]
Percentage of company ownership interest (percentage)		5.00%		5.00%
Other | Maximum
Income Earned From Companys Equity Method Investments By Entity [Abstract]
Percentage of company ownership interest (percentage)		50.00%		50.00%
[1]	This does not consider restricted management units which once vested will reduce the ownership percentage by approximately 1%
[2]	Thompsons Limited and related U.S. operating company held by joint ventures
[3]	Thompsons Limited and related U.S. operating company held by joint ventures

Related Party Transactions (Una

Related Party Transactions (Unaudited Financial Information from Significant Equity Investees) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Related Party Transactions [Abstract]
Revenues	$ 1,372,059	$ 1,010,639	$ 2,604,118	$ 2,357,338
Gross profit	45,915	33,054	90,336	62,810
Income (loss) from continuing operations	11,569	3,030	20,397	1,325
Net income (loss)	10,785	2,606	19,130	102
Net income (loss) attributable to Lansing Trade Group	$ 10,785	$ 2,899	$ 19,130	$ 826

Related Party Transactions (Tra

Related Party Transactions (Transactions Entered Into For the Time Periods Presented) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Related party transactions entered into for the time periods presented
Sales revenues		$ 107,686	$ 241,896	$ 196,580	$ 439,964
Service fee revenues	[1]	5,191	9,410	10,308	14,036
Purchases of product		197,444	167,904	378,968	302,411
Lease income	[2]	1,624	1,422	3,206	2,709
Labor and benefits reimbursement	[3]	3,601	6,863	7,168	10,553
Accounts receivable	[4]	27,030	25,673	27,030	25,673	$ 30,252
Accounts payable	[5]	$ 39,620	$ 25,590	$ 39,620	$ 25,590	$ 27,866
[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.
[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]	Accounts receivable represents amounts due from related parties for sales of corn, leasing revenue and service fees.
[5]	Accounts payable represents amounts due to related parties for purchases of ethanol and other various items.

Segment Information (Textual) (

Segment Information (Textual) (Details)	6 Months Ended
	Jun. 30, 2018segment
Segment Reporting [Abstract]
Number of reportable segments (business segments)	4
Number of consolidated segments	2
Number of segments accounted for as equity method investments	3

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Segment Reporting Information [Line Items]
Sales and merchandising revenues	$ 911,402	$ 993,662	$ 1,547,141	$ 1,845,678
Income (loss) before income taxes	29,155	(19,065)	26,863	(24,635)
Total assets	2,117,788	1,911,425	2,117,788	1,911,425	$ 2,162,354
Operating Segments | Grain
Segment Reporting Information [Line Items]
Sales and merchandising revenues	365,920	488,447	642,772	966,975
Income (loss) before income taxes	9,877	6,929	9,847	1,856
Total assets	820,016	783,316	820,016	783,316	948,871
Operating Segments | Ethanol
Segment Reporting Information [Line Items]
Sales and merchandising revenues	200,938	187,831	373,776	341,984
Income (loss) before income taxes	6,125	4,660	7,964	6,376
Total assets	248,560	170,730	248,560	170,730	180,173
Operating Segments | Plant Nutrient
Segment Reporting Information [Line Items]
Sales and merchandising revenues	303,106	264,736	438,723	411,323
Income (loss) before income taxes	15,124	(25,825)	16,215	(19,154)
Total assets	356,166	351,871	356,166	351,871	379,309
Operating Segments | Rail
Segment Reporting Information [Line Items]
Sales and merchandising revenues	41,438	38,149	91,870	78,539
Income (loss) before income taxes	944	5,860	4,913	11,938
Total assets	535,087	448,417	535,087	448,417	490,448
Segment Reconciling Items
Segment Reporting Information [Line Items]
Sales and merchandising revenues	800	486	1,664	1,014
Segment Reconciling Items | Grain
Segment Reporting Information [Line Items]
Sales and merchandising revenues	462	141	993	207
Segment Reconciling Items | Plant Nutrient
Segment Reporting Information [Line Items]
Sales and merchandising revenues	0	70	0	241
Segment Reconciling Items | Rail
Segment Reporting Information [Line Items]
Sales and merchandising revenues	338	275	671	566
Other
Segment Reporting Information [Line Items]
Sales and merchandising revenues	0	14,499	0	46,857
Income (loss) before income taxes	(2,799)	(10,625)	(11,678)	(25,641)
Total assets	157,959	157,091	157,959	157,091	$ 163,553
Noncontrolling interests
Segment Reporting Information [Line Items]
Income (loss) before income taxes	$ (116)	$ (64)	$ (398)	$ (10)

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	1 Months Ended	21 Months Ended
	Aug. 31, 2015	Dec. 31, 2019	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Build-to-Suit Lease
Operating Leased Assets [Line Items]
Term of leasing contract	15 years
Other long term liabilities | Build-to-Suit Lease
Operating Leased Assets [Line Items]
Financing obligation			$ 23.5	$ 24.3	$ 23.9
Other current liabilities | Build-to-Suit Lease
Operating Leased Assets [Line Items]
Financing obligation			1.4	$ 1.4	$ 0.8
Capital Addition Purchase Commitments
Operating Leased Assets [Line Items]
Amount prepaid under long-term commitment obligation			$ 12.9
Capital Addition Purchase Commitments | Scenario, Forecast
Operating Leased Assets [Line Items]
Amount remaining under long-term commitment obligation		$ 129.2

Sale of Assets (Details)

Sale of Assets (Details) $ in Millions	Mar. 31, 2018USD ($)	Apr. 02, 2018USD ($)	Jun. 30, 2017USD ($)location
Farm Center | Florida
Business Acquisition [Line Items]
Number of locations sold | location			4
Proceeds from sale of assets	$ 17.4
Gain on sale of assets	$ 4.7
Working capital adjustment receivable			$ 3.6
Grain Elevators | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Humboldt, Kenton and Dyer, Tennessee
Business Acquisition [Line Items]
Consideration on sell of assets		$ 19.5

Supplemental Cash Flow Inform77

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Supplemental Cash Flow Information [Abstract]
Interest paid	$ 16,982	$ 12,430
Noncash investing and financing activity
Capital projects incurred but not yet paid	10,744	3,695
Investment merger (decreasing equity method investments and non-controlling interest)	0	8,360
Outstanding receivable for sale of assets	0	4,356
Dividends declared not yet paid	4,663	4,501
Debt resulting from accounting standard adoption	36,953	0
Railcar assets resulting from accounting standard adoption	$ 25,643	$ 0

Exit Costs and Assets Held fo78

Exit Costs and Assets Held for Sale (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Restructuring Cost and Reserve [Line Items]
Property, plant and equipment part of disposal group, held for sale	$ 10,028,000	$ 9,816,000	$ 10,028,000	$ 37,859,000
Exit charges	$ 3,500,000	0	$ 11,300,000
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				37,900,000
Disposal Group, Held-for-sale, Not Discontinued Operations | Retail Store
Restructuring Cost and Reserve [Line Items]
Property, plan and equipment held-for-sale		4,200,000		4,200,000
Disposal Group, Held-for-sale, Not Discontinued Operations | Rail Group
Restructuring Cost and Reserve [Line Items]
Property, plan and equipment held-for-sale		4,100,000
Disposal Group, Held-for-sale, Not Discontinued Operations | Grain Group
Restructuring Cost and Reserve [Line Items]
Property, plan and equipment held-for-sale		1,300,000
Disposal Group, Held-for-sale, Not Discontinued Operations | Plant Nutrient Group
Restructuring Cost and Reserve [Line Items]
Property, plan and equipment held-for-sale		$ 200,000		1,600,000
Disposal Group, Held-for-sale, Not Discontinued Operations | TENNESSEE | Grain Group
Restructuring Cost and Reserve [Line Items]
Property, plan and equipment held-for-sale				19,500,000
Inventory, held-for-sale				11,400,000
Commodity derivative, held-for-sale				$ 1,200,000

Subsequent Events (Details)

Subsequent Events (Details) $ in Millions	Jul. 16, 2018USD ($)security	Aug. 02, 2018USD ($)	Jun. 30, 2018USD ($)
Line of credit | Line of credit
Subsequent Event [Line Items]
Credit facility, maximum borrowing capacity			$ 800
Line of credit | The Andersons Railcar Leasing Company LLC | Line of credit
Subsequent Event [Line Items]
Credit facility, maximum borrowing capacity			$ 65
Subsequent Event
Subsequent Event [Line Items]
Number of securities sold | security	1
Gain on sale of securities	$ 3.9
Subsequent Event | Line of credit | The Andersons Railcar Leasing Company LLC | Line of credit
Subsequent Event [Line Items]
Credit facility, maximum borrowing capacity		$ 200