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Lake Area Corn Processors Llc (LKCRU) SEC Filing 10-Q Quarterly Report for the period ending Thursday, March 31, 2022

SEC Filings

LKCRU Quarterly Reports

Lake Area Corn Processors Llc

CIK: 1156174 Ticker: LKCRU
Document and Entity Information - shares
3 Months Ended
Mar. 31, 2022
May 16, 2022
Document and Entity Information [Abstract]  
Document Type10-Q 
Document Period End DateMar. 31, 2022 
Entity File Number000-50254 
Entity Registrant NameLAKE AREA CORN PROCESSORS, LLC 
Entity Incorporation, State or Country CodeSD 
Entity Tax Identification Number46-0460790 
Entity Address, Address Line One46269 SD Highway 34 
Entity Address, Address Line TwoP.O. Box 100 
Entity Address, City or TownWentworth, 
Entity Address, State or ProvinceSD 
Entity Address, Postal Zip Code57075 
City Area Code(605) 
Local Phone Number483-2676 
Entity Current Reporting StatusYes 
Entity Interactive Data CurrentYes 
Entity Filer CategoryNon-accelerated Filer 
Entity Common Stock, Shares Outstanding 29,620,000
Entity Central Index Key0001156174 
Current Fiscal Year End Date--12-31 
Document Fiscal Year Focus2022 
Document Fiscal Period FocusQ1 
Entity Emerging Growth Companyfalse 
Entity Small Businessfalse 
Amendment Flagfalse 
Document Quarterly Reporttrue 
Document Transition Reportfalse 
Entity Shell Companyfalse 

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Definitive Proxy Statement (Form DEF 14A)
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Lake Area Corn Processors Llc's Definitive Proxy Statement (Form DEF 14A) filed after their 2022 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

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SEC Filing Tools

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Statements Of Cash Flows (Unaudited)
Consolidated Statements Of Cash Flows (Unaudited) (Parenthetical)
Consolidated Statements Of Changes In Members' Equity (Unaudited)
Consolidated Statements Of Operations (Unaudited)
Commitment And Contingencies
Commitment And Contingencies (Details)
Debt (Details)
Debt (Tables)
Fair Value Measurements
Fair Value Measurements (Details)
Fair Value Measurements (Tables)
Inventory
Inventory (Details)
Inventory (Tables)
Investments (Details)
Investments, Equity Method And Joint Ventures
Investments, Equity Method And Joint Ventures (Tables)
Long-Term Notes Payable
Nature Of Operations
Nature Of Operations (Details)
Related Party Transactions
Related Party Transactions (Details)
Related Party Transactions (Tables)
Revolving Operating Note
Revolving Operating Note (Details)
Segment Reporting
Segment Reporting (Details)
Segment Reporting (Tables)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Policies)
Summary Of Significant Accounting Policies (Tables)
Summary Of Significant Accounting Policies - Derivative Instruments - Balance Sheet (Details)
Summary Of Significant Accounting Policies - Derivative Instruments - Income Statement (Details)
Summary Of Significant Accounting Policies - Investments (Details)
Summary Of Significant Accounting Policies - Receivables And Credit Policies (Details)
Summary Of Significant Accounting Policies - Revenue From Customers (Details)
Summary Of Significant Accounting Policies Concentration Risk (Details)
Summary Of Significant Accounting Policies Goodwill (Details)

Material Contracts, Statements, Certifications & more

Lake Area Corn Processors Llc provided additional information to their SEC Filing as exhibits

Ticker: LKCRU
CIK: 1156174
Form Type: 10-Q Quarterly Report
Accession Number: 0001156174-22-000012
Submitted to the SEC: Mon May 16 2022 4:35:14 PM EST
Accepted by the SEC: Mon May 16 2022
Period: Thursday, March 31, 2022
Industry: Industrial Organic Chemicals

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