CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Current assets
Cash and cash equivalents	$ 1,229,746	$ 2,678,628
Accounts receivable, net	21,675,824	11,714,813
Note receivable-related party	11,458,000	0
Inventory	19,001,712	8,540,459
Prepaid expenses	2,162,046	1,161,721
Total current assets	55,527,328	24,095,621
Noncurrent assets
Fixed assets, at cost	49,318,232	16,109,179
Less accumulated depreciation	(1,647,153)	(1,018,003)
Fixed assets, at cost	47,671,079	15,091,176
Intangible assets, net	16,327,341	15,172,816
Goodwill	4,922,353	4,502,743
Deferred federal income tax	5,684,000	5,684,000
Other assets	2,797,842	0
Total noncurrent assets	77,402,615	40,450,735
TOTAL ASSETS	132,929,943	64,546,356
Current liabilities
Accounts payable and accrued expenses	23,059,176	14,096,185
Capital leases	605,442	0
Current portion of long-term debt	40,781,399	1,956,847
Total current liabilities	64,446,017	16,053,032
Long-term liabilities
Long-term debt	2,040,598	6,558,851
Contingent consideration	3,371,836	3,220,250
Deferred federal income tax	378,000	378,000
Total liabilities	70,236,451	26,210,133
Commitments and contingencies
EQUITY
Preferred stock, $0.001 par value per share: 50,000,000 shares authorized Series A Convertible Preferred stock, $0.001 par value, 5,000,000 authorized and 630,419 and 1,319,002 issued and outstanding at September 30, 2014 and December 31, 2013, respectively	630	1,319
Common stock, $0.001 par value per share; 750,000,000 shares authorized; 25,414,156 and 21,205,609 issued and outstanding at September 30, 2014 and December 31, 2013, respectively	25,414	21,206
Additional paid-in capital	39,191,567	19,579,732
Retained earnings	23,475,881	17,542,004
Total Vertex Energy, Inc. stockholders' equity	62,693,492	37,144,261
Non-controlling interest	0	1,191,962
Total Equity	62,693,492	38,336,223
TOTAL LIABILITIES AND EQUITY	$ 132,929,943	$ 64,546,356