INVENTORIES (Details) (USD $)
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Jun. 30, 2014
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Dec. 31, 2013
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INVENTORIES [Abstract] | ||
Raw material | $ 3,059,000 | $ 2,403,000 |
Petrochemical products | 8,643,000 | 9,660,000 |
Total inventory | 11,702,000 | 12,063,000 |
Excess of current cost over LIFO value | 2,400,000 | 1,500,000 |
Collateral Inventory | 4,400,000 | 4,900,000 |
Products in transit | $ 5,800,000 | $ 4,400,000 |
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- Definition
Amount of assets pledged to secure a debt instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The excess of replacement or current cost over the stated LIFO (last in first out) inventory value when the LIFO inventory method is utilized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount as of the balance sheet date of finished goods inventories for petroleum products, crude oil, petrochemical products, and other oil and gas inventories. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before valuation and LIFO reserves of raw materials expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Gross amount of merchandise or supplies to which the entity holds the title but does not hold physical possession because the goods are currently being transported. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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